Form 990 for tax year 2023
Filed by SOUTHERN INDIANA GRADUATE MEDICAL EDUCATION CONSORTIUM INC.
Totals
- Total revenue
- $4,495,012
- Total expenses
- $4,565,187
- Contributions and grants received
- $4,495,000
- Grants paid
- $4,095,000
- Program service revenue
- $0
- Investment income
- $12
- Other revenue
- $0
- Total assets, end of year
- $276,404
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $276,404
- Program services expenses (Part IX)
- $4,564,737
- Management and general expenses
- $450
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,564,737
Program services were 100.0% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$4,095,000
-
1f · All other contributions, gifts and grants
$400,000
-
1g · Noncash contributions included above
$0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $12 · related or exempt $0 · unrelated business $0 · excluded $12
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,095,000 · program services $4,095,000
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
11c · Fees: accounting
total $86 · management and general $86
-
24a · Other expenses: Contracted Services
total $469,737 · program services $469,737 · management and general $0 · fundraising $0
-
24e · All other expenses
total $364 · management and general $364
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $307,550 · end of year $237,363
-
2 · Savings and temporary cash investments
beginning of year $39,029 · end of year $39,041
-
27 · Net assets without donor restrictions
beginning of year $346,579 · end of year $276,404
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
The purpose of the corporation shall be charitable and educational, specifically to create, develop and operate graduate medical educational programs to improve medical education, medical research and healthcare for the area residents through efforts consistent with section 501(c)(3).
-
The purpose of the corporation shall be charitable and educational, specifically to create, develop and operate graduate medical educational programs to improve medical education, medical research and healthcare for the area residents through efforts consistent with section 501(c)(3).
Expenses $4,564,737 · Grants $4,095,000
As filed on the 2023 return.
Listed in Part VII
-
Steven Becker MD
Chairman
- Total calculated
- $0
- Hours/week
- 12
-
Rob McLin
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
-
Kyle Bennett
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Heidi Dunniway MD
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
James Porter MD
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Stan Tretter MD
Executive 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.
Grants on this return
-
$2,205,000
Graduate medical education residency program
-
$1,215,000
Graduate medical education residency program
-
Graduate medical education residency program
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 29 July 2024
- IRS schema version
- 2023v5.0
- Source object
- 202422199349300512
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