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Nonprofit · EIN 61-6613201

MEDICAL PRACTICE CONSORTIUM TR

Also known as FRANCIS W PRICE JR TTEE

Tax-exempt · INDIANAPOLIS, IN 46202

Financials

$10.4M$12.6M2023$12.7M$15.2M2024
Revenue Expenses · by fiscal year end
Financials of MEDICAL PRACTICE CONSORTIUM TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$12,665,445$15,201,299-$2,535,854$13,332,890$2,635,840$10,697,050
December 31, 2023990$10,361,945$12,594,324-$2,232,379$14,774,218$2,115,219$12,658,999
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$11,880,730
Investment income
$784,715
Net gain from sales of assets
$421,573
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$11,589,646
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$110,204
Accounting fees
$25,100

Balance sheet and other

Total assets, start of year
$14,774,218
Total assets, end of year
$13,332,890
Total liabilities, end of year
$2,635,840
Net assets, end of year
$10,697,050
Publicly traded securities
$7,438,994
Gross unrelated business income
$784,715
Gross receipts
$17,262,898
Employees
0
Volunteers
5
Year formed
2018
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
FRANCIS PRICE JR MDPRESIDENT
Trustee or director, Officer
2$0
STEVE FREELANDTREASURER
Trustee or director, Officer
2$0
MARK FLOYD MDPAST VICE PRESIDENT
Trustee or director, Officer
2$0
CINDY BASINSKI MDTRUSTEE
Trustee or director
2$0
DAVID GROSS MDTRUSTEE
Trustee or director
2$0
ERIN CLARK MDTRUSTEE
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
FRANCIS PRICE JR MDPRESIDENT
Trustee or director, Officer
2$0
STEVE FREELANDTREASURER
Trustee or director, Officer
2$0
MARK FLOYD MDVICE PRESIDENT
Trustee or director, Officer
2$0
CINDY BASINSKI MDTRUSTEE
Trustee or director
2$0
DENNIS ERDMAN MDTRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
322 CANAL WALK, INDIANAPOLIS, IN 46202-3278
Principal officer (990 for 2024)
FRANCIS PRICE JR MD, 322 CANAL WALK, INDIANAPOLIS, IN 46202
Signed the 990
FRANCIS PRICE JR MD, PRESIDENT
Phone
(317) 454-7711
Return prepared by
BRADY WARE & SCHOENFELD INC

Mission

THE TRUST WAS SET UP TO ESTABLISH ONE OR MORE EMPLOYEE WELFARE BENEFIT PLANS FOR THE MEDICAL PRACTICE CONSORTIUM EMPLOYERS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE SOLE PURPOSE AND ACTIVITY OF THE TRUST IS TO ESTABLISH ONE OR MORE EMPLOYEE WELFARE BENEFIT PLANS FOR THE MEDICAL PRACTICE CONSORTIUM EMPLOYERS.

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
61-6613201
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$13,332,890
Income (IRS master file)
$17,262,898

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$12,665,445$15,201,299$13,332,890IRS
990December 2023$10,361,945$12,594,324$14,774,218XML
990December 2022$10,193,463$8,809,709$15,627,865IRS
990December 2021–––IRS
990December 2020–––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 61-6613201).

Questions about MEDICAL PRACTICE CONSORTIUM TR

What is the EIN of MEDICAL PRACTICE CONSORTIUM TR?
The employer identification number (EIN) of MEDICAL PRACTICE CONSORTIUM TR is 61-6613201.
Is MEDICAL PRACTICE CONSORTIUM TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2020.
Are donations to MEDICAL PRACTICE CONSORTIUM TR tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MEDICAL PRACTICE CONSORTIUM TR 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 MEDICAL PRACTICE CONSORTIUM TR due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MEDICAL PRACTICE CONSORTIUM TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MEDICAL PRACTICE CONSORTIUM TR?
The 990 for the year ended December 31, 2024 names FRANCIS PRICE JR MD.
Who are the officers and directors of MEDICAL PRACTICE CONSORTIUM TR?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does MEDICAL PRACTICE CONSORTIUM TR have?
On its 990 for the year ended December 31, 2024 it reported revenue of $12,665,445, expenses of $15,201,299 and total assets of $13,332,890 at year end.

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