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Indiana University Health Ball Memorial Hospital Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 350867958 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Indiana University Health Ball Memorial Hospital Inc?

Indiana University Health Ball Memorial Hospital Inc, located in Muncie, Indiana, is a prominent 379-bed acute care facility that functions as a regional referral center and teaching hospital. With a team of over 3,000 employees, the organization is committed to leading healthcare transformation through quality, innovation, and education. Their mission is to make Indiana one of the healthiest states in the nation. The hospital offers a wide range of services and acts as a teaching institution, fostering the growth and development of healthcare professionals.


Official website here: www.iuhealth.org/find-locations/iu-health-ball-memorial-hospital

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Indiana University Health Ball Memorial Hospital Inc has received a high rating of 96%, indicating strong accountability and financial health. The organization’s overall score highlights its commitment to transparency and effective management, as it is based entirely on accountability and finance metrics. This achievement reflects the charity's adherence to best practices in governance and financial reporting.

The hospital boasts a majority of independent board members, ensuring oversight and minimizing conflicts of interest. With a program expense ratio of 85.71%, it demonstrates a strong focus on directing funds towards its core mission rather than administrative costs. Additionally, the organization has implemented several essential policies, such as whistleblower and conflict of interest policies, further reinforcing its commitment to ethical standards.

While the hospital shows robust financial health with a low liabilities to assets ratio of 12.59%, continuous evaluation of its operational strategies is vital for sustained success. Overall, Indiana University Health Ball Memorial Hospital Inc stands out as a credible and responsible nonprofit organization, with a solid foundation in place for maintaining its mission-driven initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Indiana University Health Ball Memorial Hospital Inc legitimate?

Indiana University Health Ball Memorial Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana University Health Ball Memorial Hospital 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: $1,732,971
Professional Fundraising Fees: $0
Other Salaries and Wages: $186,269,866

For more financial information, click here


Official website here: www.iuhealth.org/find-locations/iu-health-ball-memorial-hospital

What is the mission statement of Indiana University Health Ball Memorial Hospital Inc?

Indiana University Health Ball Memorial Hospital Inc is committed to leading the evolution of healthcare through quality, innovation, and education. Their ultimate goal is to contribute to making the nation healthier, starting with Indiana. As a regional referral center and teaching hospital, they strive to deliver exceptional care and serve as a beacon for advancements in the healthcare industry. Their mission is driven by a desire to transform the healthcare landscape and create a positive impact on the lives of many.


Official website here: www.iuhealth.org/find-locations/iu-health-ball-memorial-hospital

Who is the CEO of Indiana University Health Ball Memorial Hospital Inc?
What is the revenue of Indiana University Health Ball Memorial Hospital Inc?

Indiana University Health Ball Memorial Hospital Inc's revenue in 2022 was $556,082,719.


Official website here: www.iuhealth.org/find-locations/iu-health-ball-memorial-hospital

Who are the executives of Indiana University Health Ball Memorial Hospital Inc and what are their salaries?

The average compensation at Indiana University Health Ball Memorial Hospital Inc during 2022 was $60,046. There are 3131 employees and 172 volunteers at Indiana University Health Ball Memorial Hospital Inc.


Here are 29 key members and their salaries:


Daniel E Borgenheimer (Director/Vice Chair (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
J Steven Rhea (Director/Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey C Bird Md (Director/Regional President (Ecr))
  • Compensation: $0
  • Related: $976,399
  • Other: $66,879
John D Littler (Director/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter M Voss Md (Director/Vice Chair)
  • Compensation: $455,476
  • Related: $0
  • Other: $63,030
Wilbur R Davis (Director/Vice Chair)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Chantille Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles R Routh Md (Director)
  • Compensation: $0
  • Related: $253,832
  • Other: $65,825
David A Littler (Director (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
David W Hyatt (Director (Part Year))
  • Compensation: $29,761
  • Related: $0
  • Other: $9,310
Derron L Bishop Phd (Director)
  • Compensation: $0
  • Related: $7,000
  • Other: $0
Geoffrey S Mearns Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan V Castor (Director)
  • Compensation: $0
  • Related: $557,480
  • Other: $138,427
Michael J Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick A Cleary Md (Director)
  • Compensation: $0
  • Related: $1,000
  • Other: $0
Samuel C Kim Md (Director (Part Year))
  • Compensation: $0
  • Related: $37,320
  • Other: $0
Terry W Bailey (Director)
  • Compensation: $0
  • Related: $6,000
  • Other: $0
William W Hinkle (Director)
  • Compensation: $0
  • Related: $7,000
  • Other: $0
Jonathan W Vanator (Cfo (Ecr))
  • Compensation: $358,131
  • Related: $0
  • Other: $58,691
Brian Reed (Vp-Human Resources (Ecr) (Part Year))
  • Compensation: $140,884
  • Related: $21,569
  • Other: $55,034
Lori A Luther (Coo (Ecr))
  • Compensation: $386,574
  • Related: $0
  • Other: $66,865
Megan Haymaker (Vp-Human Resources (Ecr) (Part Year))
  • Compensation: $0
  • Related: $152,393
  • Other: $32,015
Melissa R Hicks (Vp & Cno (Ecr) (Part Year))
  • Compensation: $203,003
  • Related: $55,370
  • Other: $29,630
Ryan M Johnston Md (Vp & Cmo (Ecr))
  • Compensation: $420,646
  • Related: $0
  • Other: $75,035
Alvis Foster (Physicist-Radiation Medicine)
  • Compensation: $240,336
  • Related: $0
  • Other: $72,124
Christine Y Penny (Clinical Nurse)
  • Compensation: $252,447
  • Related: $0
  • Other: $20,801
David A Clark (Clinical Nurse)
  • Compensation: $279,980
  • Related: $0
  • Other: $36,874
Joseph Butts (Radiation Physicist)
  • Compensation: $237,081
  • Related: $0
  • Other: $34,754
Terry A Pence (Vp, Operations)
  • Compensation: $251,789
  • Related: $0
  • Other: $41,278


Official website here: www.iuhealth.org/find-locations/iu-health-ball-memorial-hospital

Where can I find the form 990 for Indiana University Health Ball Memorial Hospital Inc?

Indiana University Health Ball Memorial Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iuhealth.org/find-locations/iu-health-ball-memorial-hospital

Mission Statement of Indiana University Health Ball Memorial Hospital Inc

Indiana University Health Ball Memorial Hospital Inc, a leading acute care facility, is dedicated to spearheading the evolution of healthcare in the realm of quality, innovation, and education. Committed to making Indiana one of the healthiest states in the nation, this esteemed organization serves as a regional referral center and teaching hospital. By combining top-tier clinical care with academic rigor, Indiana University Health Ball Memorial Hospital Inc aims to set new standards in the healthcare industry and inspire lasting improvements in overall well-being.

In pursuing its mission, Indiana University Health Ball Memorial Hospital Inc strives to foster a culture of excellence and progress. By emphasizing quality, the organization ensures that every patient receives the most effective and efficient care possible. By championing innovation, the hospital encourages groundbreaking research and the adoption of cutting-edge technologies to enhance patient experiences and outcomes. Lastly, through education, the hospital empowers the next generation of healthcare professionals, providing them with the knowledge and skills necessary to make a difference in the lives of their patients.

In day-to-day operations, Indiana University Health Ball Memorial Hospital Inc upholds its commitment to quality, innovation, and education in various ways. As a teaching hospital, it offers medical students, residents, and fellows opportunities to learn from experienced clinicians and contribute to the clinical care of patients. Additionally, the hospital's research initiatives foster advancements in medical knowledge and the development of new treatments and therapies. By continually pushing the boundaries of healthcare, Indiana University Health Ball Memorial Hospital Inc stays at the forefront of the industry and drives meaningful change for the betterment of its patients and the community.

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Impact




October, 2024

Indiana University Health Ball Memorial Hospital Inc plays a pivotal role in transforming healthcare in Indiana by emphasizing quality, innovation, and education. As a 379-bed acute care hospital, it serves as a regional referral center and teaching hospital located in Muncie, Indiana. Its impact extends beyond immediate patient care, as it actively contributes to making Indiana one of the nation's healthiest states. By prioritizing education and innovation, the hospital enhances the medical community's capabilities and ensures that residents receive high-quality healthcare services. Through these efforts, it not only addresses the health needs of the local population but also fosters broader advancements in the healthcare system throughout the region.




This information is meant to be a general summary of Indiana University Health Ball Memorial Hospital 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.

Revenue
$556,082,719 (2022)
Expenses
$531,502,585 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,103,937
  • Program Service Revenue: $546,453,069
  • Gross Receipts: $560,871,113

Assets and Liabilities:

  • Total Assets: $681,538,095
  • Total Liabilities: $64,522,565
  • Net Assets: $617,015,530

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

NET PATIENT SERVICE REVENUE

Revenue

$518,883,498

PHARMACY

Revenue

$17,456,447

SHARED SERVICES

Revenue

$5,670,127

RENT FROM RELATED 501(C)(3) ORGS.

Revenue

$4,029,506

Clinical Research

Revenue

$311,260

Organization Details

Founding Year

1926

Main Address

950 N MERIDIAN STREET 1200, INDIANAPOLIS, IN, 46204

NTEE Category

Code: E220 - Health

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