Indiana Pediatrics Inc
- Assets
- $360.3k
- Revenue
- $201.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Indianapolis, IN
- Founding
- 01/2016
- Data as of
- 12/2022
- EIN
- 35-1925040
Organization Overview
Indiana Pediatrics Inc is located in Indianapolis, IN. The organization was established in 2016. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Indiana Pediatrics Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Pediatrics Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Indiana Pediatrics Inc generated $201.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $163.8k during the year ending 12/2022. While expenses have increased by 0.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER THE ACTIVITIES OF OUR MEMBERS' EDUCATIONAL, SCIENTIFIC, CLINICAL, AND/OR EFFICIENCY OF BUSINESS OPERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINARS: INDIANA PEDIATRICS INC. (IPI) PROVIDES SEMINARS FOR ITS MEMBERS BY PROVIDING A CLINICAL SPEAKER THAT ADDRESSES A TOPIC OF INTEREST TO THE PHYSICIANS. IN ADDITION, IPI HOSTS A SEMINAR EACH YEAR, IN WHICH SPECIFIC CODING CHANGES/UPDATES ARE SHARED WITH MEMBERS. IT ALSO WORKS TO KEEP ITS MEMBERS UP TO DATE ON HEALTH CARE LAW CHANGES.
VACCINE GENERAL PURCHASING ORGANIZATION: IPI CONTRACTS WITH THE VACCINE MANUFACTURERS TO SERVE AS A GENERAL PURCHASING ORGANIZATION (GPO) FOR ITS MEMBERS. AS A GPO, IPI PROVIDES CONTRACT ADMINISTRATION FOR ITS MEMBERS. IPI RECEIVES AN ADMINISTRATIVE FEE FROM THE VACCINATION MANUFACTURERS, BASED ON PURCHASES BY ITS MEMBERS. THE ADMINISTRATIVE FEES ARE USED TO COVER THE OPERATING EXPENSES OF THE ORGANIZATION AND TO HELP OFFSET MEMBERSHIP DUES. ALL IPI PHYSICIANS STRIVE TO IMPROVE THE HEALTH AND WELL-BEING OF CHILDREN IN THE STATE OF INDIANA IN ALL ASPECTS OF HEALTHCARE, INCLUDING IMMUNIZATIONS FOR THEIR PATIENTS.
MESSENGER MODEL CONTRACTING: WHEN A PHYSICIAN IS A MEMBER OF IPI AND WHEN A GROUP MESSENGER MODEL IS MADE AVAILABLE TO IPI, PHYSICIANS MAY OPT IN OR OUT OF PARTICIPATION. THE PHYSICIAN HAS THE ABILITY TO ACCEPT OR REJECT ANY HEALTH PLAN PARTICIPATION. AS A PART OF OUR ONGOING MEMBERSHIP SERVICES, IPI UPDATES MEMBERS ON CODING AND ICD10 CHANGES/UPDATES THROUGH OUR CODING SEMINAR AND CONVEYING URGENT INFORMATION BY EMAIL ON A TIMELY BASIS. IPI WORKS WITH CONTRACT HOLDERS ON THE SPECIFICS OR PROBLEMS THAT ARISE FOR THE PEDIATRIC PRACTICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wade Clapp MD Treasurer | OfficerTrustee | 2 | $0 |
Wendy Schulte MD Director | Trustee | 1 | $0 |
Chrissa Collings MD President | OfficerTrustee | 2 | $0 |
Elaine Cox MD Director | Trustee | 1 | $0 |
Eric Yancy MD Director | Trustee | 1 | $0 |
Larry Markham MD Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $201,324 |
| Investment income | $30 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $201,354 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,840 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $24 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,308 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $952 |
| All other expenses | $0 |
| Total functional expenses | $163,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $360,256 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $360,256 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $360,256 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $360,256 |