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Indiana University Health Bloomington Inc

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

EIN: 351720796 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Indiana University Health Bloomington Inc?

Indiana University Health Bloomington, Inc., or IU Health Bloomington, is a nonprofit hospital located in Indianapolis, Indiana, with a capacity of 185 beds. Committed to providing healthcare services regardless of a patient's ability to pay, the organization is dedicated to enhancing the health of its community in south-central Indiana. IU Health Bloomington upholds values of trust, excellence, accountability, and mutual respect and advances the art and science of medicine using new technologies, procedures, and care. The organization's mission is to lead the transformation of healthcare through quality, innovation, and education, striving to make Indiana one of the healthiest states in the nation. With a workforce of approximately 4,504 employees, IU Health Bloomington provides a comprehensive range of healthcare services and is committed to improving the overall health and wellbeing of its patients.


Official website here: www.see schedule o

What are the reviews and ratings of this charity?

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

Indiana University Health Bloomington Inc demonstrates a strong commitment to accountability and financial management, as evidenced by its impressive 96% score on Charity Navigator. The charity has a perfect score in several key areas, including independent board member representation and financial oversight, indicating robust governance practices and transparency in operations.

The organization excels in its financial health, with a program expense ratio of 85.59%, illustrating that the vast majority of its expenditures are directed towards its mission-related programs. Additionally, the absence of material diversions in assets and a low liabilities to assets ratio further suggest a stable financial footing, which is crucial for sustaining long-term operations and impact.

While the organization's strengths are notable, the data does not highlight any specific challenges or limitations, suggesting a solid overall performance. This strong rating reflects positively on Indiana University Health Bloomington Inc, positioning it as a trustworthy entity for donors looking to support health initiatives in the community.


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

Is Indiana University Health Bloomington Inc legitimate?

Indiana University Health Bloomington Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana University Health Bloomington 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: $3,121,742
Professional Fundraising Fees: $0
Other Salaries and Wages: $292,290,969

For more financial information, click here


Official website here: www.see schedule o

What is the mission statement of Indiana University Health Bloomington Inc?

Indiana University Health Bloomington, a full-service hospital, strives to lead the transformation of healthcare through quality, innovation, and education. They are committed to enhancing the health of their patients and community by advancing medical practices using new technologies, procedures, and care. The organization's mission is to make Indiana one of the healthiest states in the nation. By upholding values such as trust, excellence, accountability, and mutual respect, IU Health Bloomington aims to provide healthcare services to individuals regardless of their ability to pay. Through their dedication to the art and science of medicine, they continue to improve the health and wellbeing of those they serve.


Official website here: www.see schedule o

Who is the CEO of Indiana University Health Bloomington Inc?

Unavailable


Official website here: www.see schedule o

What is the revenue of Indiana University Health Bloomington Inc?

Indiana University Health Bloomington Inc's revenue in 2022 was $705,118,442.


Official website here: www.see schedule o

Who are the executives of Indiana University Health Bloomington Inc and what are their salaries?

The average compensation at Indiana University Health Bloomington Inc during 2022 was $65,589. There are 4504 employees and 142 volunteers at Indiana University Health Bloomington Inc.


Here are 30 key members and their salaries:


Brian T Shockney (Director/Regional President (Scr))
  • Compensation: $0
  • Related: $966,602
  • Other: $185,247
Daniel J Peterson (Director/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack A Kenworthy (Director/Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce B Poling (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake A Dye (Director (Part Year))
  • Compensation: $0
  • Related: $873,979
  • Other: $50,493
Corinna Repetto Md (Director)
  • Compensation: $403,218
  • Related: $0
  • Other: $76,496
Hojjat M Shamloo Md (Director)
  • Compensation: $654,432
  • Related: $0
  • Other: $74,496
James J Laughlin Md (Director)
  • Compensation: $270,773
  • Related: $0
  • Other: $22,539
James Ridge Md (Director)
  • Compensation: $0
  • Related: $48,000
  • Other: $0
Janet Farlow Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Minton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin B Gebke Md (Director (Part Year))
  • Compensation: $0
  • Related: $488,828
  • Other: $74,122
Lynn H Coyne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mohan Shenoy Md (Director)
  • Compensation: $640,491
  • Related: $0
  • Other: $61,364
Richard G Hendrickson (Director)
  • Compensation: $0
  • Related: $3,600
  • Other: $0
Vanessa Mcclary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael L Craig (Vp & Cfo (Scr))
  • Compensation: $0
  • Related: $320,370
  • Other: $58,505
Alan W Biggs (Coo (Scr))
  • Compensation: $310,622
  • Related: $0
  • Other: $50,213
Bruce R Wade (Vp - Human Resources (Scr))
  • Compensation: $0
  • Related: $233,705
  • Other: $54,391
Cynthia R Herrington (Vp & Cno (Scr))
  • Compensation: $295,235
  • Related: $0
  • Other: $49,008
John Sparzo Md (Vp-Cmo (Scr) (Part Year))
  • Compensation: $190,997
  • Related: $0
  • Other: $21,858
Paul M Calkins Md (Vp & Cmo (Scr)(Part Year))
  • Compensation: $0
  • Related: $550,676
  • Other: $60,276
Bret J Spier Md (Physician)
  • Compensation: $869,554
  • Related: $0
  • Other: $40,637
Bryan Jacob Wohlfeld Md (Physician)
  • Compensation: $912,487
  • Related: $0
  • Other: $67,302
Fred Y Wu Md (Physician)
  • Compensation: $842,077
  • Related: $0
  • Other: $32,700
Jason Voorhies Md (Physician)
  • Compensation: $896,219
  • Related: $0
  • Other: $64,282
Todd Eads Md (Physician)
  • Compensation: $1,119,178
  • Related: $0
  • Other: $66,770
Derek B Fields (Former Key Employee)
  • Compensation: $218,002
  • Related: $0
  • Other: $27,157
Larry R Bailey (Former Key Employee)
  • Compensation: $0
  • Related: $277,022
  • Other: $39,671
Wendy S Hernandez (Former Key Employee)
  • Compensation: $0
  • Related: $277,950
  • Other: $66,073


Official website here: www.see schedule o

Where can I find the form 990 for Indiana University Health Bloomington Inc?

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


Official website here: www.see schedule o

Learn more at the official website: www.see schedule o

Mission Statement of Indiana University Health Bloomington Inc

Indiana University Health Bloomington, a renowned healthcare provider, is dedicated to leading the transformation of healthcare through quality, innovation, and education. Their ultimate goal is to make Indiana one of the healthiest states in the nation. This mission-driven organization, based on the values of trust, excellence, accountability, and mutual respect, strives to enhance the health of its patients and community in south-central Indiana.

Indiana University Health Bloomington is not just a hospital; it is a beacon of hope that offers a full range of services to care for its patients, regardless of their ability to pay. By utilizing new technologies, procedures, and care, this esteemed institution advances the art and science of medicine. The team at Indiana University Health Bloomington is committed to improving the health and wellbeing of its patients and the community, making a significant impact in the lives of those it serves.

Innovation is at the heart of Indiana University Health Bloomington's mission. They consistently explore new ways to improve healthcare delivery, ensuring their patients receive the best possible care. Through their dedication to quality and education, they are making strides in making Indiana a healthier place to live. The organization's unwavering commitment to its values and its mission sets it apart as a leader in the healthcare industry.

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Impact




October, 2024

Indiana University Health Bloomington Inc significantly impacts the health and well-being of the South-Central Indiana community through its comprehensive healthcare services and commitment to innovative practices. As a 185-bed full-service hospital, it provides a wide range of medical services, ensuring that everyone has access to quality care regardless of their financial situation.

By focusing on trust, excellence, accountability, and mutual respect, IU Health Bloomington fosters strong relationships with patients and promotes a culture of health within the community. Its dedication to advancing the art and science of medicine is evident through the adoption of new technologies and procedures, enhancing patient outcomes and experiences.

Furthermore, IU Health Bloomington is actively involved in initiatives aimed at transforming healthcare quality, emphasizing education and innovation to position Indiana as one of the nation’s healthiest states. This commitment not only improves individual health but also contributes to the overall well-being and vibrancy of the community it serves.




This information is meant to be a general summary of Indiana University Health Bloomington 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
$705,118,442 (2022)
Expenses
$750,090,037 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,561,228
  • Program Service Revenue: $688,682,109
  • Gross Receipts: $757,420,575

Assets and Liabilities:

  • Total Assets: $894,799,494
  • Total Liabilities: $158,170,668
  • Net Assets: $736,628,826

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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

$675,034,907

SHARED SERVICES

Revenue

$8,810,902

PHARMACY

Revenue

$3,488,019

INCOME (LOSS) FROM PASS-THROUGH ENTITIES

Revenue

$1,316,392

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

Revenue

$31,889

Organization Details

Founding Year

1988

Main Address

950 N MERIDIAN STREET 1200, INDIANAPOLIS, IN, 46204

NTEE Category

Code: E220 - Health

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