Civic Intelligence

Indianapolis Medical Society

EIN 35-0791210 • 501(c)6 • Indianapolis, IN

Profile

The mission of indianapolis medical society is to promote professional growth, advocacy for all physicians, and quality health care for the community.

125 West Market StreetIndianapolis, IN 46204

imsonline.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

30th percentile

0.05x

Higher debt load relative to revenue than 30% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

30th percentile

-1.1%

Higher net margin than 30% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

30th percentile

$0

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

45th percentile

3.9%

Faster asset growth than 45% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-1.0%

Faster revenue growth than 30% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$1,022,416

Up $38,716 (+3.9%) from 2023

Liabilities

Down

$12,020

Down $13,727 (-53%) from 2023

Net Assets

Up

$1,010,396

Up $52,443 (+5.5%) from 2023

Operations
Liabilities / Revenue30th percentileNet Margin30th percentile

Revenue

Down

$265,121

Down $2,578 (-1.0%) from 2023

Expenses

Up

$268,022

Up $3,311 (+1.3%) from 2023

Net Income

Down

-$2,901

Down $5,889 (-197%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2013: $1,864,276Liabilities 2013: $699,542Net Assets 2013: $1,164,7342013Assets 2014: $1,692,769Liabilities 2014: $669,770Net Assets 2014: $1,022,9992014Assets 2015: $1,131,687Liabilities 2015: $108,252Net Assets 2015: $1,023,4352015Assets 2016: $983,919Liabilities 2016: $103,730Net Assets 2016: $880,1892016Assets 2017: $954,420Liabilities 2017: $104,826Net Assets 2017: $849,5942017Assets 2018: $732,729Liabilities 2018: $72,550Net Assets 2018: $660,1792018Assets 2019: $851,124Liabilities 2019: $55,726Net Assets 2019: $795,3982019Assets 2020: $886,643Liabilities 2020: $19,387Net Assets 2020: $867,2562020Assets 2021: $983,728Liabilities 2021: $25,901Net Assets 2021: $957,8272021Assets 2022: $905,701Liabilities 2022: $21,044Net Assets 2022: $884,6572022Assets 2023: $983,700Liabilities 2023: $25,747Net Assets 2023: $957,9532023Assets 2024: $1,022,416Liabilities 2024: $12,020Net Assets 2024: $1,010,3962024

Highlighted filing

2024

Assets$1,022,416
Liabilities$12,020
Net Assets$1,010,396
Open 2024 Filing

Operations Trend

Revenue Growth30th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2013: $575,431Expenses 2013: $672,802Net Income 2013: -$97,3712013Revenue 2014: $496,242Expenses 2014: $626,334Net Income 2014: -$130,0922014Revenue 2015: $548,304Expenses 2015: $543,175Net Income 2015: $5,1292015Revenue 2016: $386,102Expenses 2016: $534,426Net Income 2016: -$148,3242016Revenue 2017: $383,641Expenses 2017: $464,307Net Income 2017: -$80,6662017Revenue 2018: $312,642Expenses 2018: $495,195Net Income 2018: -$182,5532018Revenue 2019: $354,678Expenses 2019: $311,861Net Income 2019: $42,8172019Revenue 2020: $330,075Expenses 2020: $284,248Net Income 2020: $45,8272020Revenue 2021: $316,415Expenses 2021: $264,003Net Income 2021: $52,4122021Revenue 2022: $284,817Expenses 2022: $269,001Net Income 2022: $15,8162022Revenue 2023: $267,699Expenses 2023: $264,711Net Income 2023: $2,9882023Revenue 2024: $265,121Expenses 2024: $268,022Net Income 2024: -$2,9012024

Highlighted filing

2024

Revenue$265,121
Expenses$268,022
Net Income-$2,901
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,022,416
Liabilities
$12,020
Net assets
$1,010,396
Revenue
$265,121
Expenses
$268,022
Net income
-$2,901
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.01$1.01$0.27$0.27$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.03$0.96$0.27$0.26$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.02$0.88$0.28$0.27$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.03$0.96$0.32$0.26$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.02$0.87$0.33$0.28$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.06$0.80$0.35$0.31$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.07$0.66$0.31$0.50$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.10$0.85$0.38$0.46$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.10$0.88$0.39$0.53$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.13$0.11$1.02$0.55$0.54$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.69$0.67$1.02$0.50$0.63$0.13
2013Detailed filing. Detailed filing data is available for this year.$1.86$0.70$1.16$0.58$0.67$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 11, 2025
Return Version
2024v5.2
Gross Receipts
$328,390
Mission and Program Overview

Mission

The mission of indianapolis medical society is to promote professional growth, advocacy for all physicians, and quality health care for the community.

To promote professional grwoth, advocacy for all physicians, and quality health care for the community

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$851,708$922,380▲ $70,672
Savings and Temporary Cash Investments$100,150$89,933▼ $10,217
Accounts Receivable$5,085$6,012▲ $927
Cash and Non-Interest-Bearing Accounts$26,407$3,734▼ $22,673
Prepaid Expenses and Deferred Charges$350$357▲ $7
Land, Buildings, and Equipment, Net-$0-
Total Assets$983,700$1,022,416▲ $38,716
Liabilities
Deferred Revenue$23,925$10,480▼ $13,445
Accounts Payable and Accrued Expenses$1,822$1,540▼ $282
Total Liabilities$25,747$12,020▼ $13,727
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$957,953$1,010,396▲ $52,443
Total Net Assets Fund Balance$957,953$1,010,396▲ $52,443
Total Liabilities and Net Assets / Fund Balance$983,700$1,022,416▲ $38,716

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$6,865$6,865
Land$0--
Compensation and Service Providers
Top Officer Pay30th percentile

Board Members and Trustees

NameTitle
Ann CollinsPresident
Katie KelleyPresident Elect
Ann Marie HakeDirector
Brian HartDirector
Chris BojrabDirector
Clif KnightDirector
Daniel UdreaDirector
Doris HardackerDirector
Eric TibesarDirector
Francis Price JrDirector
Gabe BossletDirector
Jodi SmithDirector
Joseph WebsterDirector
Julie DaftariDirector
Katherine MchughDirector
Maria WilsonDirector
Mark DuerdenDirector
Mary Ann McateerDirector
Mary Jean VorwaldDirector
Mercy HyltonDirector
Monica WehbyDirector
Penny KallmyerDirector
Ronda HamakerDirector
Thomas SchleeterDirector
Tracey WilkinsonDirector
Vinayak BelakarDirector
Alison CaseSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$196,625
Program Service Revenue
$1,288
Investment Income
$26,798
Other Revenue
$40,410
Change in Net Assets
$-2,901
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$268,022
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$0$0$0$225,000
Other Expenses$0$0$0$21,151
Fees for Service Investment Mgmnt Fees$0$0$0$6,687
Information Technology$0$0$0$5,372
Fees for Services Accounting$0$0$0$3,403
Conferences and Meetings$0$0$0$2,673
Insurance$0$0$0$1,600
Advertising$0$0$0$1,000
Fees for Services Legal$0$0$0$22
Office Expenses$0$0$0$7
Total Functional Expenses$0$0$0$268,022
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Indianapolis Medical Society
EIN
35-0791210
Phone
3176345963
Address
125 WEST MARKET STREET, INDIANAPOLIS, IN 46204

Signing Officer

Name
Kimberly Williams
Title
Executive Director
Phone
3176345963
Signed
2025-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly Williams
Formed
1848
Legal Domicile
In
Voting Board Members
27
Independent Board Members
27
Employees
0
Volunteers
27

Preparer

Firm
Stephanie a Boyer CPA
Address
11894 GRAY EAGLE DR, FISHERS, IN 46037
Preparer
Stephanie Boyer
Phone
3178413384
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

“The organization contracts with the corydon group, an independent contractor, to manage the business affairs of the organization.”

Pt VI, Line 6

“The organization has two levels of membership, active and resident. An active member is a practicing physician that lives or works in marion county or one of the surrounding counties. A resident member is a medical resident or intern currently in a training program at a hospital.”

Pt VI, Line 7A

“The members vote annually on the board of trustees.”

Pt VI, Line 11B

“Key officers receive an electronic copy of form 990 and attached schedules for their review prior to form 990 being filed with the internal revenue service. Each voting member consents their approval for the filing of the return.”

Pt VI, Line 12C

“Interested persons are covered by the conflict of interest policy. The executive vice president of the organization reviews annually the signed conflict of itnerest forms, noting any reported conflicts. Any conflicts are discussed and resolved by the board of directors. Conflicts arising during the year will be reported to the board of directors who responds to through disciplinary and corrective action including removal from the board.”

Raw XML AppendixShowing 400 of 509 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE PROFESSIONAL GRWOTH, ADVOCACY FOR ALL PHYSICIANS, AND QUALITY HEALTH CARE FOR THE COMMUNITY
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IRS990/BooksInCareOfDetail/PhoneNum03176345963
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IRS990/ConferencesMeetingsGrp/TotalAmt02673
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0196625
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IRS990/CYInvestmentIncomeAmt026798
IRS990/CYOtherExpensesAmt0268022
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IRS990/CYRevenuesLessExpensesAmt0-2901
IRS990/CYSalariesCompEmpBnftPaidAmt00
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IRS990/DelegationOfMgmtDutiesInd0true
IRS990/Desc0PUBLICATION OF MONTHLY MAGAZINE, THE BULLETIN. DURING THE YEAR, APPROXIMATELY 14,000 WERE DISTRIBUTED TO MEMBERS AND 150 TO NONMEMBERS.
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IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
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IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
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IRS990/FeesForServicesAccountingGrp/TotalAmt03403
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IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt00
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IRS990/FeesForServicesLegalGrp/TotalAmt022
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
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IRS990/FeesForServicesManagementGrp/TotalAmt0225000
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IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt06687
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
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