Skip to main content
Filing year 2024

INDIANA STATE MEDICAL ASSOCIATION

Indianapolis, Indiana·EIN 35-0411650·501(c)(6)
Total revenue
$4.3M
Total assets
$19.5M
Total expenses
$4.7M
Reported officers
35
Mission

THE INDIANA STATE MEDICAL ASSOCIATION EXISTS TO MAXIMIZE THE LEADERSHIP AND IMPACT OF PHYSICIANS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Vice President
75th to 90th percentile
$510k
$549k
Base
$383k
Bonus
$25k
Other
—
Benefits
$37k
VP of Govt Affairs
Board Vice President
75th to 90th percentile
$275k
$296k
Base
$195k
Bonus
$8k
Other
—
Benefits
$42k
Immediate Past President
25th percentile to median
$74k
$80k
Former Past President
Former Officer/director/trustee
10th to 25th percentile
$29k
$31k
Base
$29k
Bonus
—
Other
—
Benefits
—
President-elect
10th to 25th percentile
$21k
$23k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 30 unpaid individuals.

Up 8%
from 2023

From $473k in 2023 to $510k in 2024.

$473k
2023
$510k
2024
In today's dollarsEst.
Up 5% in real terms$523k to $549k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Executive Vice President pay rose 8% from 2023 to 2024, while revenue fell 1%.

$473k in 2023 to $510k in 2024.
  • Board Vice President pay rose 7% from 2023 to 2024.
  • Chief Executive Officer pay rose 14% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

INDIANA STATE MEDICAL ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.4M
$4.7M
2023
$4.3M
$4.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INDIANA STATE MEDICAL ASSOCIATION

What does the Executive Vice President of INDIANA STATE MEDICAL ASSOCIATION earn?

In 2024, the Executive Vice President of INDIANA STATE MEDICAL ASSOCIATION received $509,948 in total compensation. This pay is in the top quarter for Executive Vice President roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Executive Vice President pay at INDIANA STATE MEDICAL ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Executive Vice President at INDIANA STATE MEDICAL ASSOCIATION falls between the 75th and 90th percentiles.

What are INDIANA STATE MEDICAL ASSOCIATION's revenue and expenses?

In 2024, INDIANA STATE MEDICAL ASSOCIATION reported $4.3M in total revenue and $4.7M in total expenses on its IRS Form 990.

Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.