Indiana University Health Ball Mem… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1926

Legal Domicile

Phone

3179634842

Tax Period

2023-01-01 to 2023-12-31

Indiana University Health Ball Memorial Hospital Inc, founded in 1926, is a major nonprofit in the Health Care sector that reported $604.6M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $545.9M left a modest 10% surplus.

Mission

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

Program Service Accomplishments

Program 1

Expenses: $494,309,731 Revenue: $543,761,382

INDIANA UNIVERSITY HEALTH BALL MEMORIAL HOSPITAL IS A 379 BED ACUTE CARE HOSPITAL, WHICH OPERATES AS A REGIONAL REFERRAL CENTER AND TEACHING HOSPITAL, LOCATED IN MUNCIE, INDIANA.

Program 2

Expenses: $20,151,876 Revenue: $22,167,906

Our network of pharmacies offers the convenience of one-stop shopping. With services designed to meet your needs, we will provide expert care and help patients make the best use of their medications.

Program 3

Expenses: $4,844,304 Revenue: $5,328,937

IU HEALTH BALL MEMORIAL HOSPITAL, INC. PROVIDES SERVICES, WHICH INCLUDE COORDINATED ACTIVITIES AND POLICES, TO RELATED TAX-EXEMPT ORGANIZATIONS DESIGNED TO MEET THE MISSION OF THE INDIANA UNIVERSITY...

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,104,717

Program Service Revenue $575,827,879

Investment Income $19,809,251

Other Revenue $2,900,591

TOTAL REVENUE $604,642,438

Expense Breakdown

Grants Paid $0

Salaries & Benefits $192,980,346

Fundraising Expenses $0

Program Expenses $523,459,985

Other Expenses $352,915,253

TOTAL EXPENSES $545,895,599

Year-over-Year Comparison

	2023	2022	Change
Revenue	$604,642,438	$556,082,719	+0.1%
Expenses	$545,895,599	$531,502,585	+0.0%
Net Income	$58,746,839	$24,580,134	+1.4%

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

Governance

Voting Members

Independent Members

Employees

3128

Volunteers

196

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

$2,477,667

Total Directors

$2,797,778

Key Employees

$1,814,686

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	DIRECTOR/CHAIR (Part Year)	2.0	Officer Director	$0	$0	$0
N/A	DIRECTOR/SECRETARY/TREAS	2.0	Officer Director	$0	$0	$0
N/A	DIRECTOR/PRESIDENT (ECR)	35.0	Officer Director	$0	$172,192	$1,157,390
N/A	DIRECTOR/CHAIR (Part Year)	2.0	Officer Director	$0	$0	$0
N/A	DIRECTOR/VICE CHAIR	25.0	Officer Director	$490,221	$64,192	$554,413
N/A	DIRECTOR/VICE CHAIR	2.0	Officer Director	$0	$0	$1,000
N/A	DIRECTOR (Part Year)	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$67,475	$349,621
N/A	Director (Part Year)	2.0	Director	$0	$0	$5,000
N/A	DIRECTOR	2.0	Director	$0	$0	$8,000
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$131,941	$703,354
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$8,000
N/A	DIRECTOR	2.0	Director	$0	$0	$6,000
N/A	DIRECTOR	2.0	Director	$0	$0	$5,000
N/A	CFO (ECR)	33.0	Officer	$0	$67,467	$454,986
N/A	VP-General Counsel, Asst Secretary (ECR)	2.0	Officer	$0	$50,502	$309,878
N/A	VP-HUMAN RESOURCES (ECR)	20.0	Key Emp	$0	$60,926	$260,965
N/A	COO (ECR) (Part Year)	10.0	Key Emp	$230,105	$37,495	$267,600
N/A	COO (ECR) (Part Year)	25.0	Key Emp	$379,246	$61,965	$441,211
N/A	VP & CNO (ECR)	10.0	Key Emp	$272,051	$54,187	$326,238
N/A	VP & CMO (ECR)	10.0	Key Emp	$441,485	$77,187	$518,672
N/A	Physicist-Radiation Medicine	55.0	Highest	$252,384	$69,195	$321,579
N/A	Associate CMO	55.0	Highest	$357,695	$59,475	$417,170
N/A	RADIATION PHYSICIST	55.0	Highest	$238,048	$36,042	$274,090
N/A	Director - Pharmacy	55.0	Highest	$219,257	$63,701	$282,958
N/A	VP, OPERATIONS	43.0	Highest	$325,870	$44,205	$370,075
N/A	Clinical Nurse	N/A		$0	$21,741	$293,758

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	$604,642,438	$545,895,599	$730,245,191	$58,746,839
2022	$556,082,719	$531,502,585	$681,538,095	$24,580,134
2021	$551,913,013	$480,008,999	$680,109,102	$71,904,014
2021	$551,913,013	$480,008,999	$680,109,102	$71,904,014
2020	$506,515,223	$446,755,973	$625,091,620	$59,759,250
2019	$501,990,792	$425,439,716	$615,068,428	$76,551,076
2018	$472,771,599	$411,632,529	$544,825,909	$61,139,070

Indiana University Health Ball Memorial Hospital Inc