Indiana Medical Device Manufacturers Council Inc
- Assets
- $58.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 11/1991
- Data as of
- 06/2022
- EIN
- 35-1839158
Organization Overview
Indiana Medical Device Manufacturers Council Inc is located in Indianapolis, IN. The organization was established in 1991. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Medical Device Manufacturers Council Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Indiana Medical Device Manufacturers Council Inc generated $72.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $89.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
INDUSTRY PROMOTION - PROVIDED OPPORTUNITIES FOR INDUSTRY NETWORKING AT EVENTS; PROVIDED INDUSTRY DIRECTORIES FOR MEMBER COMPANIES, PROVIDED OPPORTUNITIES FOR ASSOCIATE MEMBERS TO ASSIST IN EDUCATION EVENTS, PARTNERED WITH INDIANA HEALTH INDUSTRY FORUM, ADVAMED & LIFE SCIENCE COLLABORATION FOR REDUCED MEMBER REGISTRATION FEES. OVER 200 INDIANA COMPANIES WERE PROVIDED THE OPPORTUNITY TO JOIN AND BENEFIT FROM SERVICES. CURRENT MEMBERSHIP INCLUDES ALL OF THE LARGEST MEDICAL DEVICE COMPANIES IN THE STATE OF INDIANA AND MANY OF THE SMALLER COMPANIES AND CONTRACT MANUFACTURERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Hathaway Secretary | 40 | $84,000 | |
Tom Ryder Vice President | 2 | $0 | |
Thomas Barnett President | 2 | $0 | |
Troy Linder Treasurer | 2 | $0 | |
Gretchun Gutman Director | 2 | $0 | |
Andrew Campbell Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,100 |
| Membership dues | $68,400 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $84,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $198 |
| Other expenses | $4,828 |
| Total expenses | $89,026 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,910 |
| Other assets | $0 |
| Total assets | $58,910 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,910 |
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