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Nonprofit · EIN 35-1781809

INDIANA INSTITUTE FOR MEDICAL RESEARCH INC

Tax-exempt · INDIANAPOLIS, IN 46202

Financials

$1.4M$1.5M2023$1.1M$1.6M2024$1M$1.4M2025
Revenue Expenses · by fiscal year end
Financials of INDIANA INSTITUTE FOR MEDICAL RESEARCH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,036,657$1,441,523-$404,866$1,464,798$106,669$1,358,129
December 31, 2024990$1,134,304$1,626,361-$492,057$1,852,852$115,281$1,737,571
December 31, 2023990$1,382,989$1,493,633-$110,644$2,309,587$141,379$2,168,208
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$612,195
Program service revenue
$391,487
Investment income
$32,975
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$184,091
Other salaries and wages
$672,350
Salaries, compensation and benefits (total)
$921,575
Professional fundraising fees
$0
Legal fees
$485
Accounting fees
$11,500
Travel
$10,209
Depreciation
$12,492
Program services (functional)
$915,256
Management and general (functional)
$526,267

Balance sheet and other

Total assets, start of year
$1,852,852
Total assets, end of year
$1,464,798
Total liabilities, end of year
$106,669
Net assets, end of year
$1,358,129
Land, buildings and equipment
$9,353
Net assets without donor restrictions
$1,358,129
Gross receipts
$1,036,657
Employees
13
Volunteers
8
Year formed
1989
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID MATHEWS MDDIRECTOR
Trustee or director
0.5$0$342,088$106,442
ERIC BOSS MDDIRECTOR
Trustee or director
0.5$0$293,115$87,766
MICHAEL HERSHMANDIRECTOR
Trustee or director
0.5$0$187,567$51,792
SUTHAT LIANGPUNSAKUL MDDIRECTOR
Trustee or director
0.5$0$183,140$55,592
TIMOTHY RAMSEYEXECUTIVE DI
Trustee or director, Officer
40$184,091$0$0
JARED FERGUSONASSOC. DIR.
Highest-paid employee
40$147,013$0$0
MARY HARDENCHAIRMAN/SEC
Trustee or director, Officer
0.5$0$0$0
THOMAS SHARP MDDIRECTOR
Trustee or director
0.5$0$0$0
JOHN MERRIWEATHERDIRECTOR
Trustee or director
0.5$0$0$0
JAMES MOHLER PHDDIRECTOR
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID MATHEWS MDDIRECTOR
Trustee or director
0.5$0$335,380$104,355
ERIC BOSS MDDIRECTOR
Trustee or director
0.5$0$287,367$86,045
MICHAEL HERSHMANDIRECTOR
Trustee or director
0.5$0$183,890$50,777
SUTHAT LIANGPUNSAKUL MDDIRECTOR
Trustee or director
0.5$0$179,550$54,502
TIMOTHY RAMSEYEXECUTIVE DI
Trustee or director, Officer
40$180,412$0$0
ELIZABETH VERHAGENASSOC DIR/CO
Highest-paid employee
40$157,724$0$0
MARY HARDENCHAIRMAN/SEC
Trustee or director, Officer
0.5$0$0$0
TOM SHARP MDDIRECTOR
Trustee or director
0.5$0$0$0
JOHN MERRIWEATHERDIRECTOR
Trustee or director
0.5$0$0$0
JAMES MOHLER PHDDIRECTOR
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID MATHEWS MDDIRECTOR
Trustee or director
0.5$0$152,042$115,123
MICHAEL HERSHMANDIRECTOR
Trustee or director
0.5$0$206,388$55,373
DAVID SILVER DODIRECTOR
Trustee or director
0.5$0$144,642$111,248
TIMOTHY RAMSEYEXECUTIVE DI
Trustee or director, Officer
40$171,688$0$0
SUTHAT LIANGPUNSAKUL MDDIRECTOR
Trustee or director
0.5$0$98,912$57,991
ELIZABETH VERHAGENASSOC DIR/CO
Highest-paid employee
40$149,406$0$0
MARY HARDENCHAIRMAN/DIR
Trustee or director, Officer
0.5$0$0$0
TOM SHARP MDDIRECTOR
Trustee or director
0.5$0$0$0
JOHN MERRIWEATHERDIRECTOR
Trustee or director
0.5$0$0$0
BRYAN LARSEN PHDSECRETARY/TR
Trustee or director, Officer
0.5$0$0$0

Address and contacts

Address (IRS master file)
1481 W 10TH ST CODE 151, INDIANAPOLIS, IN 46202-2803
In care of
% BRADLEY OLSON
Principal officer (990 for 2025)
TIMOTHY RAMSEY, 1481 WEST 10TH STREET 151, INDIANAPOLIS, IN 462022803
Signed the 990
TIMOTHY RAMSEY, EXECUTIVE DIRECTOR
Phone
(317) 988-9544
Return prepared by
L M HENDERSON & COMPANY LLP

Mission

TO PROMOTE THE RESEARCH AND EDUCATIONAL MISSION OF THE RICHARD L. ROUDEBUSH VA MEDICAL CENTER IN INDIANAPOLIS, INDIANA.

990 for the year ended December 31, 2025

Program accomplishments

  • INDIANA INSTITUTE FOR MEDICAL RESEARCH SUPPORTS THE NEEDS OF INVESTIGATORS INVOLVED WITH RESEARCH PROJECTS THROUGH THE RICHARD L. ROUDEBUSH VA MEDICAL CENTER.
    Expenses $869,169 · revenue $319,034
  • INDIANA INSTITUTE FOR MEDICAL RESEARCH SUPPORTS FACULTY, STAFF, AND PATIENT EDUCATION AT THE RICHARD L. ROUDEBUSH VA MEDICAL CENTER.
    Expenses $46,087 · revenue $72,453

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-1781809
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,464,798
Income (IRS master file)
$1,036,657

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,036,657$1,441,523$1,464,798XML
990December 2024$1,134,304$1,626,361$1,852,852IRS
990December 2023$1,382,989$1,493,633$2,309,587XML
990December 2022$1,489,124$1,630,771$2,410,876IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1781809).

Questions about INDIANA INSTITUTE FOR MEDICAL RESEARCH INC

What is the EIN of INDIANA INSTITUTE FOR MEDICAL RESEARCH INC?
The employer identification number (EIN) of INDIANA INSTITUTE FOR MEDICAL RESEARCH INC is 35-1781809.
Is INDIANA INSTITUTE FOR MEDICAL RESEARCH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to INDIANA INSTITUTE FOR MEDICAL RESEARCH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDIANA INSTITUTE FOR MEDICAL RESEARCH INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INDIANA INSTITUTE FOR MEDICAL RESEARCH INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDIANA INSTITUTE FOR MEDICAL RESEARCH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of INDIANA INSTITUTE FOR MEDICAL RESEARCH INC?
The 990 for the year ended December 31, 2025 names TIMOTHY RAMSEY.
Who are the officers and directors of INDIANA INSTITUTE FOR MEDICAL RESEARCH INC?
The 990 for the year ended December 31, 2025 lists 10 people; 2 received compensation from the organization.
How much revenue does INDIANA INSTITUTE FOR MEDICAL RESEARCH INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,036,657, expenses of $1,441,523 and total assets of $1,464,798 at year end.

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