Overview
What is Iuhlp Liquidation Inc?
Iuhlp Liquidation Inc, based in Indianapolis, Indiana, was previously associated with the operation of IU Health La Porte Hospital and IU Health Stark Hospital, serving the residents of La Porte and Knox, Indiana, and surrounding areas. Prior to March 1, 2016, Iuhlp owned and managed these healthcare facilities. However, on March 1, 2016, they sold both hospitals to La Porte Health System, LLC, a joint venture between Indiana University Health, Inc. and a subsidiary of Community Health Systems, Inc. Post-sale, Iuhlp initiated the process of closing its operations, which was completed in 2021. The primary mission of Iuhlp, as stated in their description, was to enhance the health of their patients and communities.
Is Iuhlp Liquidation Inc legitimate?
Iuhlp Liquidation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iuhlp Liquidation 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
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What is the mission statement of Iuhlp Liquidation Inc?
Iuhlp Liquidation Inc's mission, as stated, is centered around improving the health of communities and patients. Prior to certain changes in 2016, the company operated hospitals serving residents in Indiana and surrounding areas. However, in 2016, Iuhlp Liquidation Inc. sold these hospitals to a joint venture, and subsequently began the process of closing its business, which was completed in 2021. Despite the company's transition, its initial mission of enhancing patient and community health remains notable.
Who is the CEO of Iuhlp Liquidation Inc?
Unavailable
What is the revenue of Iuhlp Liquidation Inc?
Iuhlp Liquidation Inc's revenue in 2021 was $0.
Who are the executives of Iuhlp Liquidation Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $1,110,512
- Other: $153,360
- Compensation: $0
- Related: $1,661,205
- Other: $204,509
Where can I find the form 990 for Iuhlp Liquidation Inc?
Iuhlp Liquidation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Iuhlp Liquidation Inc
Iuhlp Liquidation Inc, prior to its closure, was dedicated to improving the health of its patients and communities. Its mission was to contribute positively to the wellbeing of the individuals it served, aiming to make a difference in their lives. This commitment to health improvement was central to Iuhlp Liquidation Inc's operations, extending beyond its hospitals in La Porte and Starke, Indiana. The organization's efforts were focused on improving the health of the communities it served, demonstrating a strong commitment to public health and community welfare.
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Impact
October, 2024
Iuhlp Liquidation Inc had a significant impact on community health services in La Porte and Starke counties, Indiana, primarily through its previous operation of IU Health La Porte Hospital and IU Health Starke Hospital. Before its transition in 2016, the organization played a crucial role in delivering healthcare to residents in these areas, thereby directly influencing local health outcomes and access to medical services.
The sale of the hospitals to La Porte Health System marked a pivotal change, as it enabled a new entity to continue providing essential health services to the community. Following the sale, Iuhlp Liquidation Inc focused on completing the closure of its operations, which reflected the challenges faced by healthcare providers in maintaining sustainable operations amidst evolving healthcare landscapes.
The emphasis of Iuhlp was on improving health within the communities it served, acknowledging that access to quality healthcare is a fundamental aspect of community well-being. While the liquidation process inevitably led to reduced direct healthcare services under its name, the transition to new management helped maintain and potentially enhance healthcare delivery in the region, ensuring that the mission of improving health continued through the new structure established by the joint venture.
In summary, Iuhlp Liquidation Inc's impact was marked by its prior role in healthcare delivery, the necessary transition of services to La Porte Health System, and the overarching goal of promoting health and well-being in the communities it served, despite the challenges associated with its closure.
This information is meant to be a general summary of Iuhlp Liquidation 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 2021.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1966
Phone
(317) 963-4842Main Address
950 N MERIDIAN STREET 1200, INDIANAPOLIS, IN, 46204
NTEE Category
Code: E220 - Health
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