Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $2,566,171

• 2a · Program service revenue: DUES & ASSESSMENTS

  total $7,140,440 · related or exempt $7,140,440

• 2b · Program service revenue: DATA SERVICES AND RELATED FEES

  total $672,718 · related or exempt $672,718

• 2c · Program service revenue: EDUCATIONAL PROGRAMS

  total $359,645 · related or exempt $359,645

• 3 · Investment income

  total $240,320 · excluded $240,320

• 11a · Other revenue: IHA SOLUTIONS

  total $968,384 · unrelated business $968,384

• 11b · Other revenue: CORPORATE SPONSORS

  total $141,833 · unrelated business $35,760 · excluded $106,073

• 11c · Other revenue: EVENT SPONSOR

  total $69,000 · related or exempt $58,605 · unrelated business $10,395

• 11d · All other revenue

  total $319,450 · related or exempt $10,962 · unrelated business $50,000 · excluded $258,488

• 11e · Other revenue, total

  $1,498,667

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $57,985

• 5 · Compensation of officers, directors and key employees

  total $2,240,926

• 7 · Other salaries and wages

  total $3,415,832

• 8 · Pension plan contributions

  total $348,381

• 9 · Other employee benefits

  total $522,209

• 10 · Payroll taxes

  total $312,233

• 11b · Fees: legal

  total $77,582

• 11c · Fees: accounting

  total $46,225

• 11f · Fees: investment management

  total $63,474

• 11g · Fees: other

  total $1,881,705

• 12 · Advertising and promotion

  total $64,301

• 13 · Office expenses

  total $98,542

• 16 · Occupancy

  total $269,643

• 17 · Travel

  total $183,895

• 22 · Depreciation, depletion and amortization

  total $129,171

• 23 · Insurance

  total $32,723

• 24a · Other expenses: EDUCATION PROGRAM EXPEN

  total $1,994,175

• 24b · Other expenses: DATA SERVICES

  total $1,086,511

• 24c · Other expenses: PUBLIC RELATIONS

  total $447,543

• 24d · Other expenses: TAXES

  total $131,275

• 24e · All other expenses

  total $42,181

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $755,149 · end of year $1,026,953

• 2 · Savings and temporary cash investments

  beginning of year $1,462,407 · end of year $1,050,613

• 3 · Pledges and grants receivable

  beginning of year $473,296 · end of year $685,274

• 4 · Accounts receivable

  beginning of year $759,232 · end of year $542,675

• 9 · Prepaid expenses and deferred charges

  beginning of year $208,727 · end of year $200,751

• 10a · Land, buildings and equipment: cost or other basis

  $2,587,649

• 10b · Land, buildings and equipment: accumulated depreciation

  $992,064

• 10c · Land, buildings and equipment, net

  beginning of year $1,565,171 · end of year $1,595,585

• 11 · Investments: publicly traded securities

  beginning of year $11,596,194 · end of year $11,934,597

• 15 · Other assets

  beginning of year $0 · end of year $8,735

• 17 · Accounts payable and accrued expenses

  beginning of year $1,595,017 · end of year $1,394,649

• 19 · Deferred revenue

  beginning of year $103,233 · end of year $226,316

• 21 · Escrow or custodial account liability

  beginning of year $2,242,475 · end of year $2,554,466

• 25 · Other liabilities

  beginning of year $1,276,690 · end of year $1,090,164

• 27 · Net assets without donor restrictions

  beginning of year $11,602,761 · end of year $11,779,588

The filer's explanations (Part III)

PART I, LINE 1A

THE PRESIDENT'S SOCIAL CLUB DUES WERE PAID FOR BY IHA; THIS BENEFIT WAS NOT INCLUDED IN TAXABLE COMPENSATION TO THE INDIVIDUAL.

PART I, LINES 4A-B

BRIAN TABOR RECEIVED SEVERANCE PAY IN THE AMOUNT OF $699,700 FOR 2024. BRIAN TABOR PARTICIPATED IN A 457F SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. TAXABLE COMPENSATION WAS RECOGNIZED DURING THE YEAR IN WHICH A PAYMENT IS MADE. HIS COMPENSATION FOR 2024 INCLUDES A DEFERRED PAYOUT OF $23,759 WHICH ALSO INCLUDES INTEREST.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• IHA SOLUTIONS LLC

  HOSPITAL MEMBER CENTRALIZED SERVICES · IN · income $968,384 · assets $4,507,016

  Directly controlled by INDIANA HOSPITAL ASSOCIATION INC