Overview
What is Indiana University Health Morgan Inc?
Indiana University Health Morgan Inc, situated in Indianapolis, Indiana, is a nonprofit organization that collaborates with its affiliated 501(c)(3) tax-exempt entity, Indiana University Health, to lease its facilities and equipment. These resources are utilized for operating an outpatient facility, primarily serving the residents of Martinsville and its surrounding areas. The primary purpose of Indiana University Health Morgan Inc is to aid Indiana University Health in delivering medical and healthcare services in Morgan County, thereby supporting the community's health needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
Indiana University Health Morgan Inc has achieved an impressive 94% rating, reflecting strong performance in accountability and finance. This high score is derived solely from their evaluation of financial practices, indicating a solid foundation in managing resources effectively. The organization boasts 100% accountability in its operations, which is crucial for sustaining donor trust and support.
One notable strength highlighted in the evaluation is the composition of the board, with 87% of its members being independent, ensuring a diverse and unbiased governance structure. Additionally, the organization has maintained a clean record with no material diversion of assets, demonstrating integrity in financial management. The presence of robust policies regarding conflict of interest, whistleblower protection, and document retention further supports their commitment to ethical standards.
Despite the positive aspects, the review primarily focuses on financial accountability, with no mention of programmatic impact or community engagement details. While the high program expense ratio of 96.05% suggests that a significant portion of funds is directed towards their mission, more information about specific programs and their outcomes could provide a fuller picture of the charity's effectiveness and reach.
This AI summary has been generated from information found on Charity Navigator.
Is Indiana University Health Morgan Inc legitimate?
Indiana University Health Morgan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana University Health Morgan Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Indiana University Health Morgan Inc?
Indiana University Health Morgan Inc, as a supporting entity, is committed to facilitating Indiana University Health's delivery of medical and healthcare services in a specific region. By leasing its facilities and equipment to Indiana University Health at a nominal fee, Indiana University Health Morgan Inc enables the operation of an outpatient facility, catering to the residents of a specific area. This partnership aims to ensure accessible and high-quality healthcare services for the community.
Who is the CEO of Indiana University Health Morgan Inc?
Unavailable
What is the revenue of Indiana University Health Morgan Inc?
Indiana University Health Morgan Inc's revenue in 2022 was $661,036.
Who are the executives of Indiana University Health Morgan Inc and what are their salaries?
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $966,602
- Other: $185,247
- Compensation: $0
- Related: $900
- Other: $0
- Compensation: $0
- Related: $3,600
- Other: $0
- Compensation: $0
- Related: $3,600
- Other: $0
- Compensation: $0
- Related: $3,600
- Other: $0
- Compensation: $0
- Related: $3,600
- Other: $0
- Compensation: $0
- Related: $3,600
- Other: $0
- Compensation: $0
- Related: $3,600
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $320,370
- Other: $58,505
- Compensation: $0
- Related: $199,911
- Other: $30,259
- Compensation: $0
- Related: $277,022
- Other: $39,671
Where can I find the form 990 for Indiana University Health Morgan Inc?
Indiana University Health Morgan Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Indiana University Health Morgan Inc
Indiana University Health Morgan, Inc., in its mission, supports Indiana University Health in providing essential medical and healthcare services to residents in Morgan County. By leasing its facilities and equipment to Indiana University Health, a related 501(c)(3) tax-exempt organization, at a nominal fee, Indiana University Health Morgan, Inc., plays a vital role in enabling the latter to operate an outpatient facility in Martinsville, Indiana, and its surrounding areas. This collaboration between the two entities ensures that residents in this region have access to necessary healthcare services.
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Impact
July, 2024
Indiana University Health Morgan Inc's impact is significant in supporting Indiana University Health's provision of medical and healthcare services in Morgan County. By leasing its facilities and equipment to Indiana University Health, a related tax-exempt organization, IU Health Morgan enables the operation of an outpatient facility to serve the residents of Martinsville, Indiana, and surrounding areas. This contribution directly impacts the local community by ensuring access to essential healthcare services and facilities.
This information is meant to be a general summary of Indiana University Health Morgan Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $642,252
- Gross Receipts: $1,061,555
Assets and Liabilities:
- Total Assets: $12,400,029
- Total Liabilities: $20,000
- Net Assets: $12,380,029
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Organization Details
Founding Year
2010
Phone
(317) 963-4842Main Address
950 N MERIDIAN STREET 1200, INDIANAPOLIS, IN, 46204
NTEE Category
Code: E220 - Health
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