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Nonprofit · EIN 92-3243582

INNOVATIVE HEMATOLOGY INC

Tax-exempt · INDIANAPOLIS, IN 46260

Financials

$35.9M$20M2024
Revenue Expenses · by fiscal year end
Financials of INNOVATIVE HEMATOLOGY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$35,925,598$20,046,752$15,878,846$177,482,430$11,162,553$166,319,877
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$245,362
of which government grants
$20,500
Program service revenue
$1,196,623
Investment income
$10,485,121
Net gain from sales of assets
$6,246,921
Net income from sales of inventory
$23,998,492
Other revenue
$23,998,492

Expenses

Grants and similar amounts paid
$84,360
Compensation of officers, directors and key employees
$3,210,925
Other salaries and wages
$9,735,758
Salaries, compensation and benefits (total)
$15,859,851
Professional fundraising fees
$0
Legal fees
$112,641
Accounting fees
$11,830
Occupancy
$104,298
Travel
$168,863
Depreciation
$30,004
Program services (functional)
$17,476,974
Management and general (functional)
$2,529,095
Fundraising (functional)
$40,683

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$177,482,430
Total liabilities, end of year
$11,162,553
Net assets, end of year
$166,319,877
Land, buildings and equipment
$495,284
Publicly traded securities
$125,196,130
Net assets without donor restrictions
$166,319,877
Gross receipts
$104,894,208
Employees
0
Volunteers
0
Year formed
2023
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 / weekCompensationFrom related orgsOther / benefits
AMY SHAPIRO MDPRESIDENT/CEO/MED DIR
Trustee or director, Officer
40$811,705$211,406$72,802
DAVID HEDRICKHEMATOLOGIST
Highest-paid employee
32$406,356$167,605$90,418
BRANDON HARDESTYHEMATOLOGIST
Highest-paid employee
32$414,940$169,365$78,343
MAGDALENA LEWANDOWSKAHEMATOLOGIST
Highest-paid employee
32$402,956$165,050$91,525
JAY GADDYHEMATOLOGIST
Highest-paid employee
31$399,956$174,880$68,990
ANTHONY BETBADALHEMATOLOGIST
Highest-paid employee
30$344,956$171,795$82,266
ERIC GRAYCHIEF OPERATIONS OFFICER
Officer
27$279,957$180,878$89,707
ANNE GREIST MDDIRECTOR/MED DIR
Trustee or director, Officer
20$384,803$92,143$47,730
NANCY HOARDEXECUTIVE DIRECTOR
Officer
28$290,775$183,932$47,175
CHRIS ROBERSONCHIEF RESEARCH OFFICER/ SECRETARY
Officer
19$145,457$208,198$74,486
KELLY MCCARTHYDIRECTOR OF MUTLTIDISCIPLINARY TEAMS & QUALITY ANA
Officer
14$97,749$209,292$75,538
JENNIFER MAAHSDIRECTOR OF CLINICAL CARE OPERATIONS
Officer
16$105,812$189,274$49,223
STEVAN MIZIMAKOSKIDIRECTOR OF PHARMACY OPERATIONS
Key employee
22$106,567$116,104$67,439
KEVIN SIMMONSCHIEF FINANCIAL OFFICER
Officer
8$42,583$189,530$49,040
EDWARD SCHMIDTDIRECTOR/CONSULTANT
Trustee or director
9$202,000$9,000$0
9 more people on this return
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PHILLIP HIMELSTEINCHAIRMAN/CONSULTANT
Trustee or director
6$174,800$9,000$0
SANJAY AHUJA MDCHIEF MEDICAL & INFORMATICS OFFICER
Officer
33$89,717$34,128$2,556
RUSS SHERLOCKDIRECTOR
Trustee or director
3$87,500$13,500$0
DENNIS CASEYDIRECTOR
Trustee or director
3$71,500$9,000$0
LEAH AUSTINDIRECTOR
Trustee or director
3$65,000$0$0
PATRICIA ROEDIRECTOR
Trustee or director
3$65,000$0$0
HOLIDAY HART MCKIERNANDIRECTOR
Trustee or director
3$65,000$0$0
EDWARD WILLIAMSDIRECTOR
Trustee or director
3$64,000$0$0
JEFFERY MARTINDIRECTOR
Trustee or director
3$61,000$0$0

Address and contacts

Address (IRS master file)
8326 NAAB RD, INDIANAPOLIS, IN 46260-1920
In care of
% SANJAY P AHUJA
Principal officer (990 for 2024)
AMY D SHAPIRO MD, 8326 NAAB ROAD, INDPLS, IN 46260
Signed the 990
ERIC GRAY, COO
Phone
(317) 871-0000
Return prepared by
CBIZ ADVISORS LLC

Mission

INNOVATIVE HEMATOLOGY IS COMMITTED TO PROVIDING THE HIGHEST QUALITY COMPREHENSIVE SERVICES AND HOLISTIC CARE TO PATIENTS WITH BLEEDING, CLOTTING, AND OTHER HEMATOLOGIC DISORDERS, AND TO THEIR FAMILIES.

990 for the year ended December 31, 2024

Program accomplishments

  • INNOVATIVE HEMATOLOGY IS A NON-PROFIT, TAX-EXEMPT ORGANIZATION WITH THE MISSION OF PROVIDING THE HIGHEST QUALITY COMPREHENSIVE SERVICES AND HOLISTIC CARE TO PATIENTS WITH BLEEDING, CLOTTING, AND OTHER HEMATOLOGIC DISORDERS, AND TO THEIR FAMILIES. INNOVATIVE HEMATOLOGY WAS ESTABLISHED IN 2024 AND SERVES BOTH ADULT AND PEDIATRIC PATIENTS THROUGHOUT THE STATE OF INDIANA. INNOVATIVE HEMATOLOGY UTILIZES A MULTIDISCIPLINARY APPROACH TO TREATING PATIENTS WITH COMPLEX MEDICAL PROBLEMS AND PARTICIPATES IN CLINICAL RESEARCH AND EDUCATION OF MEDICAL STUDENTS, RESIDENTS, FELLOWS, PATIENTS, FAMILIES, AND COMMUNITY MEMBERS. INNOVATIVE HEMATOLOGY ENGAGES IN SIGNIFICANT OUTREACH ACTIVITIES THROUGHOUT INDIANA, THE U.S. AND THE WORLD INCLUDING PARTICIPATION IN THE INDIANA UNIVERSITY SCHOOL OF MEDICINE-MOI UNIVERSITY SCHOOL OF MEDICINE PARTNERSHIP IN ELDORET, KENYA.
    Expenses $17,476,974 · grants $84,360 · revenue $29,433,315

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, 2024Check at the IRS

IRS record

EIN
92-3243582
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E30)
Assets (IRS master file)
$177,482,430
Income (IRS master file)
$104,894,208

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$35,925,598$20,046,752$177,482,430IRS

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 92-3243582).

Questions about INNOVATIVE HEMATOLOGY INC

What is the EIN of INNOVATIVE HEMATOLOGY INC?
The employer identification number (EIN) of INNOVATIVE HEMATOLOGY INC is 92-3243582.
Is INNOVATIVE HEMATOLOGY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to INNOVATIVE HEMATOLOGY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INNOVATIVE HEMATOLOGY 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 INNOVATIVE HEMATOLOGY INC 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 INNOVATIVE HEMATOLOGY INC 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 INNOVATIVE HEMATOLOGY INC?
The 990 for the year ended December 31, 2024 names AMY D SHAPIRO MD.
Who are the officers and directors of INNOVATIVE HEMATOLOGY INC?
The 990 for the year ended December 31, 2024 lists 24 people; 24 received compensation from the organization, the highest $811,705 (AMY SHAPIRO MD, PRESIDENT/CEO/MED DIR).
How much revenue does INNOVATIVE HEMATOLOGY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $35,925,598, expenses of $20,046,752 and total assets of $177,482,430 at year end.

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