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Filing year 2024

IU MEDICAL GROUP FOUNDATION INC

Indianapolis, Indiana·EIN 20-1093251·NTEE B114 · Education·501(c)(3)
Total revenue
$103.9M
Total assets
$408M
Total expenses
$81.2M
Reported officers
7
Mission

TO ACQUIRE, MANAGE AND DISTRIBUTE FUNDS FOR THE BENEFIT OF THE INDIANA UNIVERSITY SCHOOL OF MEDICINE AND INDIANA UNIVERSITY HEALTH CARE ASSOCIATES, INC.

Executive compensation

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Indiana.

Board Chairman
Board Chair
Above 90th percentilevs Education peers nationwide
$390k
$420k
Director
Board Member
Above 90th percentile
$263k
$283k
Secretary
Officer (Unspecified)
$187k
$201k
Director
Board Member
Above 90th percentile
$95k
$102k
Treasurer
Officer (Unspecified)
$84k
$90k
Director
Board Member
75th to 90th percentile
$80k
$86k
Director
Board Member
75th to 90th percentile
$75k
$80k

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.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at IU MEDICAL GROUP FOUNDATION INC equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
0.5%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2023

From $387k in 2023 to $390k in 2024.

$387k
2023
$390k
2024
In today's dollarsEst.
Down 2% in real terms$428k to $420k

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

Board Chair pay rose 1% from 2023 to 2024, while revenue rose 837%.

$387k in 2023 to $390k in 2024.
  • Board Member pay rose 225% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about IU MEDICAL GROUP FOUNDATION INC

What does the Board Chair of IU MEDICAL GROUP FOUNDATION INC earn?

In 2024, the Board Chair of IU MEDICAL GROUP FOUNDATION INC received $390,445 in total compensation. This pay is in the top 10% for Board Chair roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Chair pay at IU MEDICAL GROUP FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2024 pay of the Board Chair at IU MEDICAL GROUP FOUNDATION INC falls in the top 10%. In 2024, the highest total compensation at IU MEDICAL GROUP FOUNDATION INC equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

What are IU MEDICAL GROUP FOUNDATION INC's revenue and expenses?

In 2024, IU MEDICAL GROUP FOUNDATION INC reported $103.9M in total revenue and $81.2M in total expenses on its IRS Form 990.

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