2025-10-13T18:44:03-05:00 2024-12-31 311119890 BARNES DENNIG & CO LTD 5342 W VERMONT ST INDIANAPOLIS IN 46224 990 2024-01-01 350411650 INDIANA STATE MEDICAL ASSOCIATION INDI 3172612060 322 CANAL WALK INDIANAPOLIS IN 462023268 JULIE D REED EXECUTIVE VICE PRESIDENT 3172612060 2025-09-25 1 1 JOHN W KELLER CPA P01329619 3172412999 2025-09-25 2024 2025-03-06 01:10:19Z JULIE D REED 322 CANAL WALK INDIANAPOLIS IN 462023268 7671947 0 X WWW.ISMANET.ORG X 1849 IN THE INDIANA STATE MEDICAL ASSOC EXISTS TO MAXIMIZE THE LEADERSHIP AND IMPACT OF PHYSICIANS. 22 18 29 100 175807 0 2001327 1835563 177318 162910 1024026 1185042 1184669 1155273 4387340 4338788 3650 0 0 0 3090710 3141761 0 0 0 1630462 1592497 4724822 4734258 -337482 -395470 19722843 19517744 1888156 1564873 17834687 17952871 THE INDIANA STATE MEDICAL ASSOCIATION EXISTS TO MAXIMIZE THE LEADERSHIP AND IMPACT OF PHYSICIANS. 0 0 THE ASSOCIATION CONDUCTS BUSINESS FOR THE PURPOSE OF IMPROVING THE KNOWLEDGE AND STANDARDS OF MEDICAL MATTERS IN INDIANA. ALL ACTIVITIES ARE CARRIED ON TO ACCOMPLISH THE OBJECTIVES OF THE ASSOCIATION. THIS IS DONE THROUGH SEMINARS AND PUBLICATIONS WHICH EXTEND MEMBERS' MEDICAL KNOWLEDGE AND ELEVATE STANDARDS OF MEDICAL EDUCATION, FIELD SERVICES WHICH KEEP MEMBERS ABREAST OF NEW DEVELOPMENTS IN AN EVER-CHANGING ENVIRONMENT, AND LEGISLATIVE SERVICES WHICH HELP MEMBERS PARTICIPATE IN GOVERNMENT TO HELP DERIVE THE BEST HEALTH CARE SYSTEM FOR THE COMMUNITY, AND PROVIDE BENEFITS TO MEMBERS. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 38 0 1 29 1 1 1 0 0 0 1 1 0 0 0 0 0 X 22 18 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 IN X OLIVIA HEBENSTREIT 3172612060 322 CANAL WALK INDIANAPOLIS IN 462023268 SARA BROWN MD TRUSTEE - STARTS 09/24 1.00 X 0 0 0 GREGORY QUIN MD TRUSTEE 1.00 X 0 0 0 JANE BRIDGES MD TRUSTEE 1.00 X 0 0 0 MARIA DEL RIO HOOVER MD TRUSTEE 1.00 X 0 0 0 MARY MCATEER MD TRUSTEE 1.00 X 0 0 0 TERESA LOVINS MD TRUSTEE & BOARD CHAIR 12.00 X X 0 0 0 RYAN SINGERMAN DO PRESIDENT-ELECT 6.00 X X 21000 0 0 WILLIAM POND MD PRESIDENT 20.00 X X 0 0 0 AISHA SHAREEF MD TRUSTEE 1.00 X 0 0 0 REBECCA CASE MD TRUSTEE 1.00 X 0 0 0 MELISSA SCHULTZ MD TRUSTEE - STARTS 09/24 1.00 X 0 0 0 LINDSEY CLARK MD TRUSTEE - STARTS 09/24 1.00 X 0 0 0 DAVID DIAZ MD IMMEDIATE PAST PRESIDENT 6.00 X X 74000 0 0 SHALIN ARNETT DO TREASURER 1.00 X X 0 0 0 ANDREIA ALEXANDER MD TRUSTEE - STARTS 09/24 1.00 X 0 0 0 MERCY HYLTON MD TRUSTEE - STARTS 09/24 1.00 X 0 0 0 ROBERT EHRESMAN MD TRUSTEE 1.00 X 0 0 0 DANIEL WEGG MD TRUSTEE 1.00 X 0 0 0 TINA REICHLEY MD TRUSTEE - STARTS 09/24 1.00 X 0 0 0 JAMES MAUCK MD TRUSTEE 1.00 X 0 0 0 LUKE VANDEVENTER TRUSTEE - ENDS 09/24 1.00 X 0 0 0 MICHAEL KELLAMS MD TRUSTEE - ENDS 03/24 1.00 X 0 0 0 JACQUES DAOUD MD TRUSTEE - ENDS 09/24 1.00 X 0 0 0 VIPUL BRAHMBHATT MD TRUSTEE - ENDS 09/24 1.00 X 0 0 0 ROBERT FLINT MD TRUSTEE - ENDS 09/24 1.00 X 0 0 0 STEPHEN BALDWIN MD TRUSTEE - STARTS 09/24 1.00 X 0 0 0 YORDANOS GEBRU TRUSTEE - STARTS 09/24 1.00 X 0 0 0 KRISTEN RUSH MD TRUSTEE - ENDS 09/24 1.00 X 0 0 0 MOHSIN MUKHTAR MD TRUSTEE - ENDS 09/24 1.00 X 0 0 0 ANDREW TROBRIDGE MD SPEAKER 1.00 X 0 0 0 JULIE REED JD EXECUTIVE VICE PRESIDENT 50.00 X 408093 0 101855 SEUNG SIM MD ASSISTANT TREASURER 1.00 X 0 0 0 ALEXANDER CHOI MD VICE SPEAKER 1.00 X 0 0 0 JOHN RUCKELSHAUS VP OF GOVT AFFAIRS 50.00 X 203460 0 71320 PARDEEP KUMAR MD FORMER PAST PRESIDENT 1.00 X 29000 0 0 735553 0 173175 2 1 1 0 BARNES & THORNBURG LLP 11 S MERIDIAN STREET INDIANAPOLIS IN 46204 LEGAL 254312 CANAL SQUARE LIMITED PARTNERSHIP 359 N WEST STREET INDIANAPOLIS IN 46202 RENT 215809 EMBASSY SUITE BY HILTON 6089 CLARKS CREEK ROAD PLAINFIELD IN 46168 HOTEL SERVICES 123102 3 1835563 1835563 PROGRAM SEMINAR REVENUE 611430 145410 145410 PUBLICATION REVENUE 611430 17500 17500 162910 1002170 1002170 772643 772643 3516031 3333159 182872 182872 182872 ADMINISTRATIVE SERVICES 561000 164847 164847 GRANTS AND SPONSORSHIPS 541900 137879 137879 ACCREDITATION CME 611430 68474 68474 11430 470 10960 382630 4338788 1142376 175807 1185042 511093 1719946 230288 535063 145371 231778 46360 44000 24717 102892 5704 155098 141925 225026 148651 282771 16113 39404 INCOME TAX (REFUND) -6439 BANK FEES 58634 LICENSES AND FEES 53275 REPAIRS AND MAINTENANCE 18940 3648 4734258 625554 179693 50270 71970 150483 206878 548152 511001 55424 37151 18652735 18842662 1000 1000 187377 178390 19722843 19517744 946550 810974 739113 605403 202493 148496 1888156 1564873 X 17834687 17952871 17834687 17952871 19722843 19517744 -395470 513654 0 X X 0 1 X 1 0 INDIANA MEDICAL POLITICAL ACTION COMMITTEE 322 CANAL WALK INDIANAPOLIS IN 46202 351485797 7066 0 0 0 1835563 758175 4058 762233 770936 -8703 PART I-A, LINE 1: THE INDIANA STATE MEDICAL ASSOCIATION (ISMA) DOES NOT CONTRIBUTE ANY OF ITS FUNDS FOR DIRECT OR INDIRECT POLITICAL CAMPAIGN ACTIVITIES. MEMBERS ARE ALLOWED TO MAKE CONTRIBUTIONS TO THE INDIANA MEDICAL POLITICAL ACTION COMMITTEE (IMPAC), A SEPERATELY ESTABLISHED ORGANIZATION. THESE FUNDS ARE COLLECTED FROM MEMBERS BY ISMA AND PROMPTLY REMITTED TO THE IMPAC. 150033 150033 0 398119 360968 37151 37151 DUES COLLECTED FOR OTHER ORGANIZATION 148496 148496 5286223 513654 558498 1072152 4214071 24717 100000 124717 4338788 5300285 590744 590744 4709541 24717 24717 4734258 PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE REPORTED AS EIN 23-7001672 106,375. REVENUE REPORTED AS EIN 35-1731389 452,123. PART XI, LINE 4B - OTHER ADJUSTMENTS: REVENUE ELIMINATED IN CONSOLIDATION 100,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED AS EIN 23-7001672 123,132. EXPENSES REPORTED AS EIN 35-1731389 467,612. FORM 990, PART XII, LINE 4B INDIANA STATE MEDICAL ASSOCIATION'S AUDITED FINANCIAL STATEMENTS ARE PRESENTED ON A CONSOLIDATED BASIS. THE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE THE ACCOUNTS OF THE ASSOCIATION AND ITS WHOLLY-OWNED FOR PROFIT SUBSIDIARY, INDIANA STATE MEDICAL ASSOCIATION INSURANCE AGENCY, INC. (ISMAIA), EIN NUMBER 35-1731389 AND CONTROLLED TAX EXEMPT ENTITY INDIANA MEDICAL FOUNDATION, INC. (IMF), EIN 23-7001672. THE PURPOSE OF THE ISMAIA IS TO MARKET INSURANCE PRODUCTS TO PHYSICIANS AND OTHER PROFESSIONAL PERSONS. THE ORGANIZATION'S SCHEDULE D HAS BEEN RECONCILED TO THE CONSOLIDATED FINANCIAL STATEMENTS. X X X X X 0 0 0 JULIE REED JD EXECUTIVE VICE PRESIDENT 383093 0 25000 0 0 0 65271 0 36584 0 509948 0 0 0 JOHN RUCKELSHAUS VP OF GOVT AFFAIRS 195495 0 7965 0 0 0 29036 0 42284 0 274780 0 0 0 PARDEEP KUMAR MD FORMER PAST PRESIDENT 29000 0 0 0 0 0 0 0 0 0 29000 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 AS A MEMBERSHIP ORGANIZATION, INDIANA STATE MEDICAL ASSOCIATION IS COMPRISED OF A GROUP OF INDIVIDUALS WHO MEET SPECIFIC QUALIFICATIONS AS A MEMBER INTO ONE OF SEVEN DISTINCT MEMBERSHIP CATEGORIES. FORM 990, PART VI, SECTION A, LINE 7A WITH THE EXCEPTION OF HONORARY MEMBERS, ALL ISMA PHYSICIAN MEMBERS ARE ELIGIBLE TO VOTE AND HOLD OFFICE AS SPECIFIED IN THE BYLAWS. ISMA IS DIVIDED INTO THIRTEEN (13) REGIONAL DISTRICTS. ALL MEMBERS OF ISMA MAY ATTEND THEIR DISTRICT'S ANNUAL MEETING AND VOTE TO ELECT THE DISTRICT'S TRUSTEE AND ALTERNATE TRUSTEE. THESE DISTRICT TRUSTEES AND ALTERNATES MAKE UP ISMA'S BOARD OF TRUSTEES WHO ARE PART OF THE GOVERNING BODY. WITH THE EXCEPTION OF THE EXECUTIVE VICE PRESIDENT, THE OFFICERS OF THIS ASSOCIATION ARE ELECTED BY A MAJORITY VOTE OF THE HOUSE OF DELEGATES AT ISMA'S ANNUAL MEETING. PERSONS ENTITLED TO VOTE FOR OFFICERS AT THE HOUSE OF DELEGATES ARE: 1) DELEGATES OR THE DESIGNATED ALTERNATES, WHICH ARE SELECTED BY THEIR COUNTY MEDICAL SOCIETIES; 2) TRUSTEES OR THE DESIGNATED ALTERNATES; 3) SPEAKER; 4) VICE SPEAKER; AND 5) PAST PRESIDENTS. PERSONS WHO ARE NOT ENTITLED TO VOTE ARE: 1) PRESIDENT; 2) PRESIDENT-ELECT; 3) EXECUTIVE VICE PRESIDENT; 4) TREASURER; 5) ASSISTANT TREASURER; 6) DELEGATES AND ALTERNATE DELEGATES TO THE AMERICAN MEDICAL ASSOCIATION; AND 7) SECTION DELEGATES OR DESIGNATED ALTERNATE DELEGATES. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF TRUSTEES IS ACCOUNTABLE TO THE ISMA HOUSE OF DELEGATES. THE HOUSE OF DELEGATES HAS THE POWER TO AMEND THE ASSOCIATION'S BYLAWS AND CAN ISSUE DIRECTIVES TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS COMPLETED BY AN EXTERNAL CERTIFIED PUBLIC ACCOUNTING FIRM. THE FINANCIAL INFORMATION IS REVIEWED INTERNALLY AND TIED BACK TO AUDITED FINANCIAL STATEMENTS TO VERIFY ACCURACY. ALL OTHER INFORMATION IS REVIEWED FOR ACCURACY PRIOR TO SIGNING AND SUBMISSION. THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE EXECUTIVE COMMITTEE FOR REVIEW AND COMMENTS PRIOR TO SIGNING AND SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ISMA ANNUALLY SENDS OUT REQUESTS FOR DISCLOSURES OR UPDATES OF DISCLOSURES OF CONFLICTS OF INTEREST TO ALL OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES. IF RESPONSES ARE NOT RECEIVED, ISMA SENDS OUT ADDITIONAL REQUESTS. ONCE THOSE DISCLOSURES ARE RECEIVED, ISMA LEGAL COUNSEL TRACKS ALL RESPONSES AND MONITORS FOR ANY POTENTIAL CONFLICT SITUATION. OTHER ISMA MANAGERS ARE ALSO GENERALLY AWARE OF POTENTIAL CONFLICTS OF OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES AND CAN ALSO ASSIST WITH MONITORING FOR POTENTIAL CONFLICT SITUATIONS DURING MEETINGS AND ACTIVITIES. IF A CONFLICT OR POTENTIAL CONFLICT IS IDENTIFIED, ISMA STAFF WILL REMIND THE PHYSICIAN OF THE CONFLICT OR POTENTIAL CONFLICT IF THE PHYSICIAN DOES NOT DISCLOSE IT OR RECUSE HIMSELF/HERSELF. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE, EXECUTIVE COMMITTEE, AND BOARD OF TRUSTEES ALL APPROVE COMPENSATION, WHICH IS DOCUMENTED IN AN EMPLOYMENT CONTRACT, WITH THE ULTIMATE DECISION BASED ON PERFORMANCE, EXPERIENCE, AND OTHER RELATED FACTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE REVIEW PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PART VI, SECTION B, LINE 10A THE INDIANA STATE MEDICAL ASSOCIATION (ISMA) HAS AFFILIATED COUNTY SOCIETIES. ISMA'S CONSTITUTION & BYLAWS ADDRESS THE RELATIONSHIP AND INTERACTIONS WITH THOSE AFFILIATED SOCIETIES. THE ISMA CONSTITUTION & BYLAWS REQUIRE THE AFFILIATED SOCIETIES TO HAVE AND SUBMIT TO ISMA CONSTITUTION & BYLAWS WHICH DO NOT CONFLICT WITH THE ISMA. ADDITIONALLY, THE AFFILIATED SOCIETIES CANNOT ENGAGE IN CONDUCT WHICH VIOLATES ISMA'S CONSTITUTION & BYLAWS. THE ISMA CONSTITUTION & BYLAWS ARE ANNUALLY PROVIDED TO THE AFFILIATED SOCIETIES (AND OTHERS), AND ARE ALSO AVAILABLE UPON REQUEST. ADDITIONALLY, THE AREAS WHICH PRESENT THE MOST POTENTIAL FOR INCONSISTENCY ARE DUES AND MEMBERSHIP. BECAUSE ALL AFFILIATE DUES AND MEMBERSHIP ARE PROCESSED BY ISMA, ANY INCONSISTENCIES WOULD BE IDENTIFIED IMMEDIATELY BY ISMA AND RESOLVED PER ISMA'S CONSTITUTION & BYLAWS. INDIANA MEDICAL FOUNDATION INC 322 CANAL WALK INDIANAPOLIS IN 46202 237001672 EDUCATION FOR MEDICAL PROFESSIONALS IN 501(C)(3) LINE 10 INDIANA STATE MEDICAL ASSOCIATION 1 INDIANA MEDICAL POLITICAL ACTION COMMITTEE 322 CANAL WALK INDIANAPOLIS IN 46202 351485797 IMPROVEMENT OF MEDICAL COMMUNITY THROUGH POLITICAL ACTION IN 527 INDIANA MEDICAL POLITICAL ACTION COMMITTEE 0 ISMA EMPLOYER ASSOCIATION INC 322 CANAL WALK INDIANAPOLIS IN 46202 833319912 SUPPORT EMPLOYERS OF PHYSICIANS IN THE STATE OF INDIANA IN 501(C)(6) INDIANA STATE MEDICAL ASSOCIATION 1 INDIANA STATE MEDICAL ASSOCIATION INSURANCE AGENCY INC 322 CANAL WALK INDIANAPOLIS IN 46202 351731389 INSURANCE AGENCY IN N/A C -15489 1055264 1.00000 1 1 0 1 0 0 1 0 0 0 0 0 1 0 1 1 0 1 0 0 INDIANA STATE MEDICAL ASSOCIATION INSURANCE AGENCY INC F 100000 DIVIDENDS PAID INDIANA STATE MEDICAL ASSOCIATION INSURANCE AGENCY INC Q 322400 ACTUAL CASH VALUE