IUHLP Liquidation Inc

EIN: 351125434 501(c)(3)

INDIANAPOLIS, IN

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
IN
Phone
3179634842
Tax Period
2021-01-01 to 2021-12-31

Mission

TO IMPROVE THE HEALTH OF OUR PATIENTS AND COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

PRIOR TO MARCH 1, 2016, IUHLP OWNED AND OPERATED IU HEALTH LA PORTE HOSPITAL AND IU HEALTH STARKE HOSPITAL SERVING THE RESIDENTS OF LA PORTE AND KNOX, INDIANA AND SURROUNDING AREAS. ON MARCH 1, 2016...

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PRIOR TO MARCH 1, 2016, IUHLP OWNED AND OPERATED IU HEALTH LA PORTE HOSPITAL AND IU HEALTH STARKE HOSPITAL SERVING THE RESIDENTS OF LA PORTE AND KNOX, INDIANA AND SURROUNDING AREAS. ON MARCH 1, 2016, IUHLP SOLD IU HEALTH LA PORTE HOSPITAL AND IU HEALTH STARKE HOSPITAL TO LA PORTE HEALTH SYSTEM, LLC, A JOINT VENTURE BETWEEN INDIANA UNIVERSITY HEALTH, INC. AND A SUBSIDIARY OF COMMUNITY HEALTH SYSTEMS, INC. BEGINNING ON MARCH 1, 2016, IUHLP BEGAN THE PROCESS OF CLOSING ITS BUSINESS WHICH CONTINUED DURING 2020 AND WAS COMPLETED IN 2021.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2021 2020 Change
Revenue N/A $20,061 -1.0%
Expenses N/A N/A N/A
Net Income N/A $20,061 N/A
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

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

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
2
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
$3,129,586
Total Directors
2
$3,129,586
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A DIRECTOR/SECRETARY 1.0
Officer Director
$0 $153,360 $1,263,872
N/A DIRECTOR/TREASURER 2.0
Officer Director
$0 $204,509 $1,865,714
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
2021 No data No data No data No data
2020 $20,061 No data $12,679,702 No data
2019 $327,920 No data $19,196,008 No data
2018 $-9,587 $840,000 $18,876,408 $-849,587
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