Civic Intelligence

Mdwise Network Inc

990 • Fiscal year 2015 • EIN 47-2619552

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

Organization Profilewww.mdwise.org
1200 Madison Avenue 400Indianapolis, IN 46225

(317) 822-7100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.77x

Higher debt load relative to assets than 79% of similar nonprofits.

2015 filings • $100M-$250M nonprofits • Source year 2015

Liabilities / Revenue

37th percentile

0.30x

Higher debt load relative to revenue than 37% of similar nonprofits.

2015 filings • $100M-$250M nonprofits • Source year 2015

Net Margin

61st percentile

8.8%

Higher net margin than 61% of similar nonprofits.

2015 filings • $100M-$250M nonprofits • Source year 2015

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

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

2015 filings • $100M-$250M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Balance Sheet
Liabilities / Assets79th percentile

Assets

$41,969,610

No earlier filing loaded for comparison.

Net Assets

$9,601,079

No earlier filing loaded for comparison.

Liabilities

$32,368,531

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue37th percentileNet Margin61st percentile

Revenue

$108,793,441

No earlier filing loaded for comparison.

Expenses

$99,192,362

No earlier filing loaded for comparison.

Net Income

$9,601,079

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0-$20MAssets 2015: $41,969,610Liabilities 2015: $32,368,531Net Assets 2015: $9,601,0792015Assets 2016: $22,225,067Liabilities 2016: $30,654,374Net Assets 2016: -$8,429,3072016Assets 2017: $47,629,527Liabilities 2017: $43,209,684Net Assets 2017: $4,419,8432017Assets 2018: $15,215,209Liabilities 2018: $1,234,555Net Assets 2018: $13,980,6542018Assets 2019: $3,698,794Liabilities 2019: $165,604Net Assets 2019: $3,533,1902019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2015

Assets$41,969,610
Liabilities$32,368,531
Net Assets$9,601,079
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200M$150M$100M$50M$0-$50MRevenue 2015: $108,793,441Expenses 2015: $99,192,362Net Income 2015: $9,601,0792015Revenue 2016: $124,990,626Expenses 2016: $143,021,012Net Income 2016: -$18,030,3862016Revenue 2017: $140,209,755Expenses 2017: $161,795,605Net Income 2017: -$21,585,8502017Revenue 2018: $29,761,006Expenses 2018: $27,341,855Net Income 2018: $2,419,1512018Revenue 2019: $364,724Expenses 2019: $941,634Net Income 2019: -$576,9102019Revenue 2020: $8,157,125Expenses 2020: -$44,589Net Income 2020: $8,201,7142020

Highlighted filing

2015

Revenue$108,793,441
Expenses$99,192,362
Net Income$9,601,079
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$108,793,441
Mission and Program Overview

Mission

The mission of MDwise Network was to improve the health of our patients and community through innovation and excellence in care, education and service. Services have been discontinued and the organization is in a period of claims run-out.

The mission of MDwise Network is to improve the health of our patients and community through innovation and excellence in care, education and service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$27,969,610-
Cash and Non-Interest-Bearing Accounts-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net-$0-
Total Assets$0$41,969,610▲ $41,969,610
Other Assets Total$0$14,000,000▲ $14,000,000
Liabilities
Deferred Revenue-$32,368,531-
Other Liabilities$0$0→ $0
Total Liabilities$0$32,368,531▲ $32,368,531
Net Assets / Fund Balance
Unrestricted Net Assets-$9,601,079-
Total Net Assets Fund Balance$0$9,601,079▲ $9,601,079
Total Liabilities and Net Assets / Fund Balance$0$41,969,610▲ $41,969,610

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$14,000,000--
Compensation and Service Providers
Top Officer Pay7th percentile

Board Members and Trustees

NameTitle
-Director, Chairman
-President
-Director
-Secretary
-Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
MDWISE Marketplace INCAdmin Fee1200 MADISON AVE SUITE 400, Indianapolis, IN 46225$6,324,603
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$108,793,441
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$9,601,079
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$99,192,362
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
Other Expenses$81,733,905$1,228,592-$81,733,905
Fees for Services Other$2,133,102$376,430$0$2,509,532
Fees for Services Accounting$45,221$7,980-$53,201
Fees for Services Legal$8,430$1,488-$9,918
Total Functional Expenses$97,577,872$1,614,490$0$99,192,362
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15A Compensation paid to officers

“No has been answered to lines 15a & 15 b, as the filing organization reimburses Marketplace for officers' compensation pursuant to a management services agreement. All officers of MDWISE Marketplace, Inc. are employees of an affiliated entity MDWISE, Inc.”

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

“Indiana University Health ("IU Health") appoint 51% and The Health and Hospital Corporation of Marion appoint 49% of the board.”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“The CFO of MDwise reviewed a final draft of the form 990 prior to filing with the IRS. A final copy of the form 990 is sent to every member of the governing body after it is filed with the IRS.”

Form 990, Part VI, Line 12C Conflict of interest policy

“MDwise Network, Inc., requires that all board members, officers, and key employees sign a conflict of interest disclosure statement annually. The compliance officer of the organization reviews each completed statement and is present at board meetings to enforce compliance with the conflict of interest policy. If an issue with a potential conflict is brought to the table at a board meeting, the person with the potential conflict abstains from voting on the issues.”

Form 990, Part VI, Line 19 Required documents available to the public

“All required documents will be made available upon authorized request.”

Filing and Contact Details

Filer

Filer Name
Mdwise Network Inc
EIN
47-2619552
Phone
3178227100
Address
1200 MADISON AVENUE 400, INDIANAPOLIS, IN 46225

Signing Officer

Name
Michael Cutroni
Title
Chief Financial Officer
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Crowe Horwath Llp
Address
10 West Market Street, Suite 2000, Indianapolis, IN 46204-2975
Preparer
Jacqueline Coburn
Phone
3176321100
Raw XML Appendix377 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt027969610
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The mission of MDwise Network is to improve the health of our patients and community through innovation and excellence in care, education and service.
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt00
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL CUTRONI
IRS990/BooksInCareOfDetail/PhoneNum03178227100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01200 MADISON AVENUE STE 400
IRS990/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046225
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt06324603
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01200 MADISON AVE SUITE 400
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0INDIANAPOLIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd046225
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0MDWISE Marketplace INC
IRS990/ContractorCompensationGrp/ServicesDesc0Admin Fee
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt099192362
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0108793441
IRS990/CYRevenuesLessExpensesAmt09601079
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt099192362
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0108793441
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt032368531
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO provide and deliver consistent and high quality healthcare services to the enrollees of health care plans.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt097577872
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07980
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt045221
IRS990/FeesForServicesAccountingGrp/TotalAmt053201
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01488
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt08430
IRS990/FeesForServicesLegalGrp/TotalAmt09918
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0376430
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02133102
IRS990/FeesForServicesOtherGrp/TotalAmt02509532
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.0
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0James Parker
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt1Ryan Kitchell
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2Daniel Sellers
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt3Tavonna Harris Askew
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt4Cynthia Miller
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt5Steven Pollack
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt6Mike Edwards
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt7Charlotte MacBeth (partial year)
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt8Cesar Martinez (partial year)
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt9Katherine Wentworth (partial year)
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt10Jamie Bruce (partial year)
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt11Patricia Hebenstreit (partial year)
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt12Terry Cole
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director, Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7President
IRS990/Form990PartVIISectionAGrp/TitleTxt8President
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt11Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt12Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0108793441
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0The mission of MDwise Network is to improve the health of our patients and community through innovation and excellence in care, education and service.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt00
IRS990/NetAssetsOrFundBalancesEOYAmt09601079
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt014000000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ACA Fees
IRS990/OtherExpensesGrp/Desc1Claims Process/Admin Fee
IRS990/OtherExpensesGrp/Desc2Reinsurance Expense
IRS990/OtherExpensesGrp/Desc3Medical Expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01228592
IRS990/OtherExpensesGrp/ProgramServicesAmt05775820
IRS990/OtherExpensesGrp/ProgramServicesAmt16962024
IRS990/OtherExpensesGrp/ProgramServicesAmt2919370
IRS990/OtherExpensesGrp/ProgramServicesAmt381733905
IRS990/OtherExpensesGrp/TotalAmt05775820
IRS990/OtherExpensesGrp/TotalAmt18190616
IRS990/OtherExpensesGrp/TotalAmt2919370
IRS990/OtherExpensesGrp/TotalAmt381733905
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0MICHAEL CUTRONI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Net Premium
IRS990/ProgramServiceRevenueGrp/Desc1Risk Adjustment
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt090770385
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt118023056
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt090770385
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118023056
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt09601079
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0108793441
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt014000000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Claims Deposit
IRS990ScheduleD/TotalBookValueOtherAssetsAmt014000000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No has been answered to lines 15a & 15 b, as the filing organization reimburses Marketplace for officers' compensation pursuant to a management services agreement. All officers of MDWISE Marketplace, Inc. are employees of an affiliated entity MDWISE, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Indiana University Health ("IU Health") appoint 51% and The Health and Hospital Corporation of Marion appoint 49% of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The CFO of MDwise reviewed a final draft of the form 990 prior to filing with the IRS. A final copy of the form 990 is sent to every member of the governing body after it is filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MDwise Network, Inc., requires that all board members, officers, and key employees sign a conflict of interest disclosure statement annually. The compliance officer of the organization reviews each completed statement and is present at board meetings to enforce compliance with the conflict of interest policy. If an issue with a potential conflict is brought to the table at a board meeting, the person with the potential conflict abstains from voting on the issues.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All required documents will be made available upon authorized request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 15a Compensation paid to officers
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c Conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19 Required documents available to the public
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt00
IRS990/TotalAssetsEOYAmt041969610
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt041969610
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01614490
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt097577872
IRS990/TotalFunctionalExpensesGrp/TotalAmt099192362
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt032368531
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt032368531
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09601079
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt097577872
IRS990/TotalProgramServiceRevenueAmt0108793441
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0108793441
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0108793441
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt041969610
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/EOYAmt09601079
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01200 MADISON AVENUE
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046225
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.mdwise.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CUTRONI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MDWISE NETWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0MDWI
ReturnHeader/Filer/EIN0472619552
ReturnHeader/Filer/PhoneNum03178227100
ReturnHeader/Filer/USAddress/AddressLine1Txt01200 MADISON AVENUE 400
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046225
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0350921680
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CROWE HORWATH LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 West Market Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0Suite 2000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Indianapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0462042975
ReturnHeader/PreparerPersonGrp/PhoneNum03176321100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jacqueline Coburn
ReturnHeader/ReturnTs02016-11-15T18:00:10-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,969,610
Liabilities
$32,368,531
Net assets
$9,601,079
Revenue
$108,793,441
Expenses
$99,192,362
Net income
$9,601,079
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$8.16$0.04$8.20
2019Detailed filing. Detailed filing data is available for this year.$3.70$0.17$3.53$0.36$0.94$0.58
2018Detailed filing. Detailed filing data is available for this year.$15.2$1.23$14.0$29.8$27.3$2.42
2017Detailed filing. Detailed filing data is available for this year.$47.6$43.2$4.42$140$162$21.6
2016Detailed filing. Detailed filing data is available for this year.$22.2$30.7$8.43$125$143$18.0
2015Detailed filing. Detailed filing data is available for this year.$42.0$32.4$9.60$109$99.2$9.60