Indiana University Health Ball Memorial Hospital Inc

EIN: 350867958 501(c)(3) Health Care

INDIANAPOLIS, IN

Total Revenue
$604,642,438
Total Expenses
$545,895,599
Total Assets
$730,245,191
Net Assets
$677,279,517
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1926
Legal Domicile
IN
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.

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Trantor Score

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

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

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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
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
14
Independent Members
10
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
8
$2,477,667
Total Directors
16
$2,797,778
Key Employees
5
$1,814,686
Highest Compensated
5
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
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