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Nonprofiteer
← INDIANAPOLIS MEDICAL SOCIETY INC

Form 990 for tax year 2023

Filed by INDIANAPOLIS MEDICAL SOCIETY INC.

Totals

Total revenue
$267,699
Total expenses
$264,711
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$210,925
Investment income
$24,304
Other revenue
$32,470
Total assets, end of year
$983,700
Total liabilities, end of year
$25,747
Net assets or fund balances, end of year
$957,953
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $210,925 · related or exempt $210,925

  • 3 · Investment income

    total $20,449 · excluded $20,449

  • 7a · Gross sales of assets other than inventory

    securities $60,683

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

    securities $56,828

  • 7c · Gain or loss

    securities $3,855

  • 7d · Net gain or loss

    total $3,855 · excluded $3,855

  • 11a · Other revenue: ADVERTISING INCOME

    total $32,240 · unrelated business $32,240

  • 11b · Other revenue: MISCELLANEOUS INCOME

    total $230 · related or exempt $230

  • 11e · Other revenue, total

    $32,470

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $220,000

  • 11c · Fees: accounting

    total $2,003

  • 11f · Fees: investment management

    total $5,876

  • 12 · Advertising and promotion

    total $6

  • 13 · Office expenses

    total $743

  • 14 · Information technology

    total $2,974

  • 19 · Conferences, conventions and meetings

    total $4,528

  • 23 · Insurance

    total $1,343

  • 24a · Other expenses: READERSHIP COSTS

    total $22,245

  • 24b · Other expenses: MISCELLANEOUS EXPENSE

    total $4,794

  • 24c · Other expenses: BANK & CC CHARGES

    total $173

  • 24d · Other expenses: UBIT TAXES

    total $26

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $31,981 · end of year $26,407

  • 2 · Savings and temporary cash investments

    beginning of year $105,827 · end of year $100,150

  • 4 · Accounts receivable

    beginning of year $4,400 · end of year $5,085

  • 9 · Prepaid expenses and deferred charges

    beginning of year $343 · end of year $350

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

    $6,865

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

    $6,865

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $763,150 · end of year $851,708

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,191 · end of year $1,822

  • 19 · Deferred revenue

    beginning of year $18,853 · end of year $23,925

  • 27 · Net assets without donor restrictions

    beginning of year $884,657 · end of year $957,953

Mission and programs · 2023

Mission

THE MISSION OF INDIANAPOLIS MEDICAL SOCIETY IS TO PROMOTE PROFESSIONAL GROWTH, ADVOCACY FOR ALL PHYSICIANS, AND QUALITY HEALTH CARE FOR THE COMMUNITY.

Activities or mission (Part I)

THE MISSION OF THE INDIANAPOLIS MEDICAL SOCIETY IS TO PROMOTE PROFESSIONAL GROWTH, ADVOCACY FOR ALL PHYSICIANS, AND QUALITY HEALTH CARE FOR THE COMMUNITY.

  • PUBLICATION OF MONTHLY MAGAZINE, THE BULLETIN. DURING 2023 APPROXIMATELY 14,000 WERE DISTRIBUTED TO MEMBERS AND 150 TO NONMEMBERS

  • IN ADDITION TO MEMBERSHIP SERVICES, THE SOCIETY SPONSORS EDUCATIONAL EVENTS. FEES ARE CHARGED TO NONMEMBERS TO PAY SPEAKERS AND MEETING EXPENSES.

As filed on the 2023 return.

Listed in Part VII

  • Rania Abbasi MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Marc E Duerden MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Eric Tibesar MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Laurie Ackerman MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Mercy Hylton MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Julie A Daftari MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Doris M Hardacker MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Brian S Hart MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Clif Knight Jr MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • John E Krol MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Ramana S Moorthy MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Scott E Phillips MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Mary Ian McAteer MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Christopher D Bojrab MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Alison Case MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Penny Kallmyer MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Katherine W McHugh MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Mary Jean Vorwalk MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Chris Wilson MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Maria Wilson MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Ann Marie Hake MD

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Jodi L Smith MD

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1.5
  • Mercy Obeime MD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Joseph Webster Jr MD

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    1
  • Katherine Kelley MD

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Ronda A Hamaker MD

    AT-LARGE OFFICER

    Total calculated
    $0
    Hours/week
    0.5
  • Ann Collins MD

    VICE CHAIR OF THE BOARD

    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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
17 July 2024
IRS schema version
2023v5.1
Source object
202402019349300815

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