Indiana Health Care Association
- Assets
- $3.2m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 9
- Location
- Indianapolis, IN
- Founding
- 10/1960
- Data as of
- 12/2023
- EIN
- 35-6043509
Organization Overview
Indiana Health Care Association is located in Indianapolis, IN. The organization was established in 1960. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Indiana Health Care Association employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Health Care Association 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 12/2023, Indiana Health Care Association generated $3.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $2.5m during the year ending 12/2023. While expenses have increased by 4.3% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
INDIANA HEALTH CARE ASSOCIATION (IHCA) IS DEDICATED TO QUALITY HEALTH CARE IN SAFE SURROUNDING FOR FAIR PAYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGISLATIVE: IHCA IS THE LARGEST TRADE ASSOCIATION IN THE STATE OF INDIANA REPRESENTING SKILLED NURSING AND ASSISTED LIVING PROVIDERS. AS SUCH, IHCA IS HEAVILY ENGAGED IN ADVOCACY EFFORTS IN THE LEGISLATIVE AND REGULATORY ARENAS. IHCA UPDATES MEMBERS VIA WRITTEN AND ELECTRONIC COMMUNICATIONS ON A WEEKLY BASIS, AND OFTEN ON A MORE FREQUENT BASIS, WHEN THE INDIANA GENERAL ASSEMBLY IS IN SESSION. MEMBERS OF IHCA ARE ALSO INDIVIDUALLY ENGAGED IN LEGISLATIVE AND REGULATORY ADVOCACY VIA THE ASSOCIATION'S ORGANIZATION OF THOSE ACTIVITIES. IHCA MAINTAINS A STAFF OF REGISTERED LOBBYISTS AND CONTRACTS WITH OUTSIDE FIRMS TO PROVIDE ADDITIONAL SUPPORT FOR THE ASSOCIATION'S ADVOCACY EFFORTS.
EDUCATION: IHCA IS A LEADING PROVIDER OF OPERATIONAL AND CLINICAL EDUCATION FOR THE NURSING FACILITY AND ASSISTED LIVING FACILITY PROFESSION IN INDIANA, PROVIDING MORE THAN 50 EDUCATIONAL EVENTS IN 2023. IHCA'S GOAL IS TO PROVIDE THE MOST CUTTING EDGE EDUCATION THAT IS OFFERED IN THE STATE. IHCA OFTEN ADDRESSES NEW TOPICS AS GOVERNMENT AGENCIES ADD AND CHANGE REGULATIONS OR AS NEW CLINICAL PATTERNS EMERGE THAT REQUIRE ATTENTION. IHCA'S EDUCATION PROGRAMMING IS PUBLISHED VIA WRITTEN AND ELECTRONIC MEDIA AND IS OFFERED TO BOTH MEMBERS AND NON-MEMBERS.
REGULATORY: IHCA'S REGULATORY SERVICES INCLUDE MONITORING FOR COMPLIANCE WITH CURRENT LAWS AND REGULATIONS REGARDING LICENSURE AND PAYMENT FOR SERVICES RENDERED, ASSISTANCE WITH ONGOING COMPLIANCE, INTERACTION WITH REGULATORY AGENCIES, AND COORDINATION WITH OTHER PROVIDERS THAT TOUCH THE NURSING FACILITY AND ASSISTED LIVING FACILITY PROFESSION. THE REGULATORY SERVICES PROVIDE QUARTERLY EDUCATION SESSIONS FOR MEMBERS AND ALSO INCLUDE THE OPERATION OF TWO STANDING COMMITTEES OF THE ASSOCIATION: THE REGULATORY/CLINICAL COMMITTEE AND THE PAYMENT/REIMBURSEMENT COMMITTEE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Chair-Elect (end 07/31) | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Chair-Elect | OfficerTrustee | 1 | $0 |
Name Not Listed Intermediate Past Chair | OfficerTrustee | 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 | $2,805,985 |
| Investment income | $82,142 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $39,255 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24,965 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,952,347 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $350,409 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $900,353 |
| Pension plan accruals and contributions | $28,923 |
| Other employee benefits | $85,658 |
| Payroll taxes | $85,561 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $79,768 |
| Fees for services: Accounting | $42,844 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,359 |
| Fees for services: Other | $70,170 |
| Advertising and promotion | $46,577 |
| Office expenses | $38,343 |
| Information technology | $21,093 |
| Royalties | $0 |
| Occupancy | $92,156 |
| Travel | $36,736 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $464,492 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,334 |
| Insurance | $7,548 |
| All other expenses | $0 |
| Total functional expenses | $2,489,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $991,676 |
| Savings and temporary cash investments | $835,754 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,660 |
| 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 | $37,905 |
| Net Land, buildings, and equipment | $12,525 |
| Investments—publicly traded securities | $1,059,384 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $23,547 |
| Other assets | $178,579 |
| Total assets | $3,160,030 |
| Accounts payable and accrued expenses | $161,880 |
| Grants payable | $0 |
| Deferred revenue | $112,335 |
| 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 | $199,480 |
| Total liabilities | $473,695 |
| Net assets without donor restrictions | $2,686,335 |
| 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 | $3,160,030 |