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Nonprofiteer
← HOOSIER CANCER RESEARCH NETWORK INC

Form 990 for tax year 2023

Filed by HOOSIER CANCER RESEARCH NETWORK INC.

Totals

Total revenue
$13,897,446
Total expenses
$14,211,759
Contributions and grants received
$7,792
Grants paid
$0
Program service revenue
$13,602,952
Investment income
$286,702
Other revenue
$0
Total assets, end of year
$14,561,673
Total liabilities, end of year
$4,796,232
Net assets or fund balances, end of year
$9,765,441
Program services expenses (Part IX)
$12,459,004
Management and general expenses
$1,752,755
Fundraising expenses
$0
Program service expenses (Part III)
$12,459,004

Program services were 87.7% 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.

  • 1e · Government grants (contributions)

    $3,282

  • 1f · All other contributions, gifts and grants

    $4,510

  • 2a · Program service revenue: External Support-Research

    total $13,227,952 · related or exempt $13,227,952

  • 2b · Program service revenue: Other Contract Support

    total $375,000 · related or exempt $375,000

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $305,216 · excluded $305,216

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $553,198

  • 7b · Less cost or other basis and sales expenses

    securities $571,712

  • 7c · Gain or loss

    securities -$18,514 · other assets $0

  • 7d · Net gain or loss

    total -$18,514 · excluded -$18,514

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $628,366 · program services $518,313 · management and general $110,053

  • 7 · Other salaries and wages

    total $3,688,596 · program services $2,951,321 · management and general $737,275

  • 9 · Other employee benefits

    total $619,168 · program services $507,718 · management and general $111,450

  • 10 · Payroll taxes

    total $315,982 · program services $126,156 · management and general $189,826

  • 11b · Fees: legal

    total $130 · management and general $130

  • 11c · Fees: accounting

    total $37,969 · management and general $37,969

  • 11f · Fees: investment management

    total $11,442 · management and general $11,442

  • 11g · Fees: other

    total $1,166,382 · program services $1,092,536 · management and general $73,846 · fundraising $0

  • 13 · Office expenses

    total $119,953 · program services $30,830 · management and general $89,123

  • 14 · Information technology

    total $516,544 · program services $265,118 · management and general $251,426

  • 16 · Occupancy

    total $415,024 · program services $324,261 · management and general $90,763

  • 17 · Travel

    total $10,779 · program services $2,795 · management and general $7,984

  • 19 · Conferences, conventions and meetings

    total $88,140 · program services $88,140

  • 22 · Depreciation, depletion and amortization

    total $66,020 · program services $51,581 · management and general $14,439

  • 23 · Insurance

    total $31,813 · program services $24,856 · management and general $6,957

  • 24a · Other expenses: Institutional Research

    total $3,782,986 · program services $3,782,986

  • 24b · Other expenses: Research Site Support

    total $1,369,868 · program services $1,369,868

  • 24c · Other expenses: Other Research Services

    total $1,261,501 · program services $1,261,501

  • 24d · Other expenses: Bad Debt Expense

    total $60,971 · program services $60,971

  • 24e · All other expenses

    total $20,125 · program services $53 · management and general $20,072 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $200 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $4,559,016 · end of year $6,444,947

  • 4 · Accounts receivable

    beginning of year $4,609,794 · end of year $4,340,434

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

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

    $662,505

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

    $536,597

  • 10c · Land, buildings and equipment, net

    beginning of year $161,024 · end of year $125,908

  • 11 · Investments: publicly traded securities

    beginning of year $2,928,505 · end of year $2,547,644

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $1,444,518 · end of year $1,102,740

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,208,449 · end of year $3,157,781

  • 19 · Deferred revenue

    beginning of year $187,500 · end of year $505,259

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,468,591 · end of year $1,133,192

  • 27 · Net assets without donor restrictions

    beginning of year $9,664,680 · end of year $9,591,604

  • 28 · Net assets with donor restrictions

    beginning of year $173,837 · end of year $173,837

Mission and programs · 2023

Mission

To form unparalleled relationships between academic, community, pharmaceutical, and biotech collaborators with the goal of advancing cancer research, education, and patient advocacy.

Activities or mission (Part I)

To reduce the burden of cancer by advancing cancer research, education, and patient advocacy.

  • INVESTIGATOR-INITIATED STUDIES - THESE ARE STUDIES CREATED BY NON-INDUSTRY PHYSICIANS, MOST COMMONLY FOR US FROM ACADEMIC INSTITUTIONS BUT POSSIBLY ALSO FROM COMMUNITY SITES, AND THOSE PHYSICIANS SERVE AS SPONSOR-INVESTIGATORS. WHEN WE CONDUCT/MANAGE THESE STUDIES, WE PRESERVE RIGHTS FOR US AND OUR MEMBER INSTITUTIONS TO PUBLISH AND ACCESS DATA FOR THE PUBLIC BENEFIT CONSISTENT WITH OUR TAX EXEMPT PURPOSE. THESE STUDIES MAY BE FUNDED BY INDUSTRY, BUT INDUSTRY IS NOT THE SPONSOR. THESE STUDIES MAY ALSO BE FUNDED BY PHILANTHROPIC ORGANIZATIONS, AND IN SOME CASES PUBLIC AND PRIVATE UNIVERSITIES. THE SPONSOR INVESTIGATOR OWNS THE PROTOCOL AND DATA IN AN IIT AND INDUSTRY GETS TO USE THE DATA.

    Expenses $11,526,600 · Revenue $12,681,936

  • INDUSTRY-SPONSORED STUDIES - ON RARE OCCASIONS, WE GET INVOLVED IN INDUSTRY-SPONSORED STUDIES, MEANING A STUDY INITIATED AND CONDUCTED BY A PHARMACEUTICAL COMPANY. WHEN WE WORK ON THOSE STUDIES, WE PRESERVE RIGHTS FOR US AND OUR SITES TO PUBLISH AND ACCESS DATA FOR THE PUBLIC BENEFIT CONSISTENT WITH OUR TAX-EXEMPT PURPOSE. PHARMA FUNDS THESE STUDIES AND ALSO ACTS AS THE SPONSOR. PHARMA OWNS THE PROTOCOL AND DATA IN THESE STUDIES, AND SITES (AND WE) GET TO USE THE DATA FOR PUBLICATION PURPOSES.

    Expenses $548,916 · Revenue $546,016

  • BTCRC ADMINISTRATION - HCRN IS THE ADMINISTRATIVE HEADQUARTERS OF THE BIG TEN CANCER REASEARCH CONSORTIUM (BTCRC). EACH MEMBER INSTITUTION PAYS IN DUES WHICH SUPPORT CONSORTIUM OPERATIONS INCLUDING THE BTCRC CHIEF SCIENTIFIC OFFICER, WORKING GROUP COORDINATION, LOI DEVELOPMENT, EVENT MANAGEMENT, AND OVERHEAD. THE BTCRC IS LED BY A STEERING COMMITTEE COMPOSED OF ONE RESEARCHER FROM EACH MEMBER INSTITUTION.

    Expenses $383,488 · Revenue $375,000

As filed on the 2023 return.

Listed in Part VII

  • Annette Moore MD

    Secretary

    Total calculated
    $0
    Hours/week
    0.5

  • Chris Fausel

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Chris Wayne

    Treasurer

    Total calculated
    $95,874
    From this org
    $0
    From related orgs
    $95,874
    Other
    $0
    Hours/week
    0.5 + 40 related

  • Andrew Mesecar PhD

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Brooke Patz

    Board Member

    Total calculated
    $109,558
    From this org
    $0
    From related orgs
    $109,558
    Other
    $0
    Hours/week
    0.5 + 40 related

  • Chris LeMasters

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Jennifer King MD

    Board Member

    Total calculated
    $52,500
    From this org
    $0
    From related orgs
    $52,500
    Other
    $0
    Hours/week
    0.5 + 40 related

  • Patrick Loehrer MD

    Board Member

    Total calculated
    $294,382
    From this org
    $0
    From related orgs
    $294,382
    Other
    $0
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $294,382 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $294,382 related

  • Rita Assi MD

    Board Member

    Total calculated
    $41,847
    From this org
    $0
    From related orgs
    $41,847
    Other
    $0
    Hours/week
    0.5 + 40 related

  • Tim Lautenschlaeger MD

    Board Member

    Total calculated
    $40,385
    From this org
    $0
    From related orgs
    $40,385
    Other
    $0
    Hours/week
    0.5 + 40 related

  • Tim Ratliff PhD

    Board Member (until 8/28/23)

    Total calculated
    $0
    Hours/week
    0.5

  • Brian Stemme

    CEO

    Total calculated
    $338,339
    From this org
    $298,940
    From related orgs
    $0
    Other
    $39,399
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $286,065
    Bonus
    $12,875
    Other
    $0
    Deferred
    $10,205
    Nontaxable benefits
    $29,194
    Filer's total
    $338,339

  • Jeff Smith

    COO

    Total calculated
    $149,500
    From this org
    $136,449
    From related orgs
    $0
    Other
    $13,051
    Hours/week
    40

  • JoLynn Bahr

    CFO (until Dec 2023)

    Total calculated
    $79,593
    From this org
    $70,308
    From related orgs
    $0
    Other
    $9,285
    Hours/week
    20

  • Mark Ingold

    CFO (Hired Aug 23)

    Total calculated
    $60,950
    From this org
    $54,348
    From related orgs
    $0
    Other
    $6,602
    Hours/week
    40

  • Anita Camic

    Contracts and Quality Assurance Officer

    Total calculated
    $121,207
    From this org
    $109,320
    From related orgs
    $0
    Other
    $11,887
    Hours/week
    40

  • Christy Yoder

    Safety and Regulatory Officer

    Total calculated
    $142,803
    From this org
    $114,623
    From related orgs
    $0
    Other
    $28,180
    Hours/week
    40

  • Karen Dutcher

    General Counsel

    Total calculated
    $176,872
    From this org
    $153,282
    From related orgs
    $0
    Other
    $23,590
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,001
    Bonus
    $13,281
    Other
    $0
    Deferred
    $4,900
    Nontaxable benefits
    $18,690
    Filer's total
    $176,872

  • LeaEtta Hyer

    Research Development Officer

    Total calculated
    $160,556
    From this org
    $130,676
    From related orgs
    $0
    Other
    $29,880
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $113,908
    Bonus
    $16,768
    Other
    $0
    Deferred
    $4,187
    Nontaxable benefits
    $25,693
    Filer's total
    $160,556

  • Lisa Wood

    Research Development Director

    Total calculated
    $121,432
    From this org
    $108,199
    From related orgs
    $0
    Other
    $13,233
    Hours/week
    40

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 · Form 990 of other organizations
  • 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.

Provenance

Return type
form_990
Tax year
2023
Filed
9 April 2025
IRS schema version
2023v6.0
Source object
202530999349300028

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