Indiana University Health Arnett Inc

EIN: 263162145 501(c)(3) Health Care

INDIANAPOLIS, IN

Total Revenue
$641,512,534
Total Expenses
$622,302,384
Total Assets
$378,909,781
Net Assets
$316,152,601
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
IN
Phone
3179634842
Tax Period
2023-01-01 to 2023-12-31

Indiana University Health Arnett Inc, founded in 2008, is a major nonprofit in the Health Care sector that reported $641.5M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

Lead the transformation of healthcare through quality, innovation & education, and make Indiana one of the nation's healthiest states.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $889,257
Program Service Revenue $634,874,693
Investment Income $4,946,613
Other Revenue $801,971
TOTAL REVENUE $641,512,534

Expense Breakdown

Grants Paid $453,552
Salaries & Benefits $298,114,621
Fundraising Expenses $0
Program Expenses $596,632,753
Other Expenses $323,734,211
TOTAL EXPENSES $622,302,384

Year-over-Year Comparison

2023 2022 Change
Revenue $641,512,534 $585,823,463 +0.1%
Expenses $622,302,384 $592,400,396 +0.1%
Net Income $19,210,150 $-6,576,933 -3.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
9
Employees
2908
Volunteers
338

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$1,607,985
Total Directors
16
$3,447,769
Key Employees
5
$2,371,690
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A DIRECTOR/CHAIR 2.0
Officer Director
$0 $0 $7,500
N/A DIRECTOR 2.0
Director
$0 $0 $5,000
N/A Director (Part Year) 2.0
Director
$0 $0 $2,000
N/A DIRECTOR 51.0
Director
$804,572 $78,474 $883,046
N/A DIRECTOR 2.0
Director
$0 $0 $5,000
N/A Director (Part Year) 2.0
Director
$0 $0 $2,000
N/A DIRECTOR (Part Year) 2.0
Director
$0 $0 $0
N/A DIRECTOR 51.0
Director
$703,508 $74,353 $777,861
N/A DIRECTOR 51.0
Director
$0 $29,263 $608,071
N/A Director (Part Year) 2.0
Director
$0 $0 $4,000
N/A DIRECTOR (Part Year) 2.0
Director
$0 $0 $5,000
N/A DIRECTOR (Part Year) 2.0
Director
$0 $0 $2,000
N/A DIRECTOR 51.0
Director
$869,811 $67,389 $937,200
N/A DIRECTOR 2.0
Director
$0 $0 $6,000
N/A DIRECTOR 2.0
Director
$0 $0 $6,000
N/A DIRECTOR 51.0
Director
$169,140 $27,951 $197,091
N/A PRESIDENT (WCR) 33.0
Officer
$0 $154,953 $897,813
N/A SECRETARY (WCR) 35.0
Officer
$0 $47,342 $270,847
N/A CFO/TREASURER (WCR) 35.0
Officer
$0 $66,207 $431,825
N/A CMO / COO (Part Year) (WCR) 35.0
Key Emp
$565,399 $68,153 $633,552
N/A COO (Part Year) (WCR) 35.0
Key Emp
$484,867 $40,883 $525,750
N/A VP-Chief Physician Executive (WCR) 35.0
Key Emp
$453,323 $67,953 $521,276
N/A VP - HUMAN RESOURCES (WCR) 35.0
Key Emp
$0 $68,917 $317,083
N/A CNO (WCR) 35.0
Key Emp
$324,171 $49,858 $374,029
N/A PHY. DEPT. CHAIR 55.0
Highest
$1,131,892 $67,272 $1,199,164
N/A Physician 55.0
Highest
$871,450 $70,106 $941,556
N/A Physician 55.0
Highest
$795,224 $70,856 $866,080
N/A Medical Director 55.0
Highest
$836,205 $70,282 $906,487
N/A PHYSICIAN 55.0
Highest
$1,148,799 $67,528 $1,216,327
N/A FORMER OFFICER 0.0
$0 $64,209 $403,690
N/A FORMER OFFICER 0.0
$0 $62,375 $397,581
N/A FORMER KEY EMPLOYEE 35.0
$184,526 $50,908 $235,434
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $641,512,534 $622,302,384 $378,909,781 $19,210,150
2022 $585,823,463 $592,400,396 $352,808,000 $-6,576,933
2021 $590,210,775 $522,438,083 $371,491,097 $67,772,692
2020 $504,048,288 $489,377,949 $319,820,511 $14,670,339
2019 $519,461,146 $489,266,523 $475,189,520 $30,194,623
2018 $491,243,338 $464,201,654 $460,062,267 $27,041,684
Explore More Nonprofits
Top 100 Nonprofits in Indiana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Indiana University Health Arnett Inc with other nonprofits in Indiana and across the country.