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← INDIANA INSTITUTE FOR MEDICAL RESEARCH INC

Form 990 for tax year 2024

Filed by INDIANA INSTITUTE FOR MEDICAL RESEARCH INC.

Totals

Total revenue
$1,134,304
Total expenses
$1,626,361
Contributions and grants received
$1,089,735
Grants paid
$0
Program service revenue
$0
Investment income
$44,569
Other revenue
$0
Total assets, end of year
$1,852,852
Total liabilities, end of year
$115,281
Net assets or fund balances, end of year
$1,737,571
Program services expenses (Part IX)
$997,166
Management and general expenses
$629,195
Fundraising expenses
$0
Program service expenses (Part III)
$997,166

Program services were 61.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,089,735

  • 3 · Investment income

    total $44,569 · excluded $44,569

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $180,412 · management and general $180,412

  • 7 · Other salaries and wages

    total $367,018 · program services $84,446 · management and general $282,572

  • 10 · Payroll taxes

    total $42,842 · management and general $42,842

  • 11b · Fees: legal

    total $3,720 · program services $3,720

  • 11c · Fees: accounting

    total $11,025 · management and general $11,025

  • 11g · Fees: other

    total $12,347 · program services $2,578 · management and general $9,769

  • 13 · Office expenses

    total $3,715 · program services $3,483 · management and general $232

  • 14 · Information technology

    total $2,457 · management and general $2,457

  • 17 · Travel

    total $9,899 · program services $8,024 · management and general $1,875

  • 19 · Conferences, conventions and meetings

    total $12,840 · program services $11,006 · management and general $1,834

  • 22 · Depreciation, depletion and amortization

    total $7,000 · management and general $7,000

  • 23 · Insurance

    total $5,443 · management and general $5,443

  • 24a · Other expenses: SERVICES

    total $897,041 · program services $820,351 · management and general $76,690

  • 24b · Other expenses: BAD DEBT

    total $48,390 · program services $48,390

  • 24c · Other expenses: PARTICIPANT PAYMENTS

    total $13,425 · program services $13,425

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $7,470 · program services $720 · management and general $6,750

  • 24e · All other expenses

    total $1,317 · program services $1,023 · management and general $294

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $303,951 · end of year $234,849

  • 2 · Savings and temporary cash investments

    beginning of year $1,637,728 · end of year $1,470,087

  • 4 · Accounts receivable

    beginning of year $336,969 · end of year $122,416

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,362 · end of year $3,420

  • 14 · Intangible assets

    end of year $17,000

  • 15 · Other assets

    beginning of year $27,577 · end of year $5,080

  • 17 · Accounts payable and accrued expenses

    beginning of year $141,379 · end of year $115,281

  • 27 · Net assets without donor restrictions

    beginning of year $1,766,834 · end of year $1,687,259

  • 28 · Net assets with donor restrictions

    beginning of year $401,374 · end of year $50,312

Mission and programs · 2024

Mission

TO PROMOTE THE RESEARCH AND EDUCATIONAL MISSION OF THE RICHARD L. ROUDEBUSH VA MEDICAL CENTER IN INDIANAPOLIS, INDIANA.

  • INDIANA INSTITUTE FOR MEDICAL RESEARCH SUPPORTS THE NEEDS OF INVESTIGATORS INVOLVED WITH RESEARCH PROJECTS THROUGH THE RICHARD L. ROUDEBUSH VA MEDICAL CENTER.

    Expenses $805,183

  • INDIANA INSTITUTE FOR MEDICAL RESEARCH SUPPORTS FACULTY, STAFF, AND PATIENT EDUCATION AT THE RICHARD L. ROUDEBUSH VA MEDICAL CENTER.

    Expenses $191,983

As filed on the 2024 return.

Listed in Part VII

  • David Mathews MD

    DIRECTOR

    Total calculated
    $439,735
    From this org
    $0
    From related orgs
    $335,380
    Other
    $104,355
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $335,380 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported + $104,355 related
    Filer's total
    not reported + $439,735 related

  • Eric Boss MD

    DIRECTOR

    Total calculated
    $373,412
    From this org
    $0
    From related orgs
    $287,367
    Other
    $86,045
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $287,367 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported + $86,045 related
    Filer's total
    not reported + $373,412 related

  • Michael Hershman

    DIRECTOR

    Total calculated
    $234,667
    From this org
    $0
    From related orgs
    $183,890
    Other
    $50,777
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $183,890 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported + $50,777 related
    Filer's total
    not reported + $234,667 related

  • Suthat Liangpunsakul MD

    DIRECTOR

    Total calculated
    $234,052
    From this org
    $0
    From related orgs
    $179,550
    Other
    $54,502
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $179,550 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported + $54,502 related
    Filer's total
    not reported + $234,052 related

  • Timothy Ramsey

    EXECUTIVE DI

    Total calculated
    $180,412
    From this org
    $180,412
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $180,412
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $180,412

  • Elizabeth Verhagen

    ASSOC DIR/CO

    Total calculated
    $157,724
    From this org
    $157,724
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,724
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $157,724

  • Mary Harden

    CHAIRMAN/SEC

    Total calculated
    $0
    Hours/week
    0.5

  • Tom Sharp MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • John Merriweather

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • James Mohler PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • RICHARD ROUDEBUSH VETERANS AFFAIRS

    501C1 · MEDICAL · IN

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
1 April 2025
IRS schema version
2024v5.0
Source object
202501289349300930

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