Indiana University Health Bloomington Inc

EIN: 351720796 501(c)(3) Health Care

INDIANAPOLIS, IN

Total Revenue
$772,996,782
Total Expenses
$779,648,435
Total Assets
$844,395,516
Net Assets
$747,372,497
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
IN
Phone
3179634842
Tax Period
2023-01-01 to 2023-12-31

Indiana University Health Bloomington Inc, founded in 1988, is a major nonprofit in the Health Care sector that reported $773.0M 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.

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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 $9,245,311
Program Service Revenue $750,052,646
Investment Income $12,831,788
Other Revenue $867,037
TOTAL REVENUE $772,996,782

Expense Breakdown

Grants Paid $1,162,839
Salaries & Benefits $349,958,566
Fundraising Expenses $0
Program Expenses $745,096,830
Other Expenses $428,527,030
TOTAL EXPENSES $779,648,435

Year-over-Year Comparison

2023 2022 Change
Revenue $772,996,782 $705,118,442 +0.1%
Expenses $779,648,435 $750,090,037 +0.0%
Net Income $-6,651,653 $-44,971,595 -0.9%
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
13
Independent Members
7
Employees
4386
Volunteers
70

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
7
$2,205,469
Total Directors
16
$4,923,843
Key Employees
4
$1,506,552
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A PRESIDENT (SCR) (Part Year)/SVP System Regional Operations 15.0
Officer Director
$0 $211,047 $1,247,272
N/A DIRECTOR/CHAIR 2.0
Officer Director
$0 $0 $7,500
N/A Director (Part Year)/President (Part Year)/VP-CMO (SCR) 25.0
Officer Director
$473,018 $65,730 $538,748
N/A DIRECTOR/SECRETARY 2.0
Officer Director
$0 $0 $3,000
N/A DIRECTOR/Treasurer 2.0
Officer Director
$0 $0 $5,000
N/A DIRECTOR/Vice Chair 2.0
Officer Director
$0 $0 $3,600
N/A Director 51.0
Director
$380,967 $79,171 $460,138
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 53.0
Director
$649,685 $79,767 $729,452
N/A DIRECTOR 53.0
Director
$203,139 $16,251 $219,390
N/A DIRECTOR 2.0
Director
$0 $0 $48,000
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $144,075 $797,550
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A Director 51.0
Director
$794,400 $69,793 $864,193
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A VP & CFO (SCR) 30.0
Officer
$0 $66,441 $400,349
N/A VP & COO (SCR) 35.0
Key Emp
$314,970 $52,742 $367,712
N/A Chief Physician Executive (SCR) 10.0
Key Emp
$442,811 $26,086 $468,897
N/A VP - HUMAN RESOURCES (SCR) 35.0
Key Emp
$0 $67,879 $313,355
N/A VP & CNO (SCR) 35.0
Key Emp
$309,541 $47,047 $356,588
N/A PHYSICIAN 50.0
Highest
$1,027,690 $46,925 $1,074,615
N/A Physician 50.0
Highest
$1,096,661 $74,046 $1,170,707
N/A PHYSICIAN 50.0
Highest
$964,546 $68,972 $1,033,518
N/A PHYSICIAN 50.0
Highest
$1,066,591 $69,621 $1,136,212
N/A PHYSICIAN 50.0
Highest
$1,083,991 $63,613 $1,147,604
N/A FORMER KEY EMPLOYEE 50.0
$225,553 $30,005 $255,558
N/A FORMER KEY EMPLOYEE 0.0
$0 $66,171 $356,265
N/A FORMER KEY EMPLOYEE 10.0
$0 $62,470 $634,457
N/A FORMER KEY EMPLOYEE 0.0
$0 $61,176 $345,654
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 $772,996,782 $779,648,435 $844,395,516 $-6,651,653
2022 $705,118,442 $750,090,037 $894,799,494 $-44,971,595
2021 $700,343,585 $662,324,973 $990,966,337 $38,018,612
2020 $692,591,024 $624,933,921 $947,208,663 $67,657,103
2019 $602,837,538 $487,432,021 $802,954,447 $115,405,517
2018 $487,302,162 $366,076,303 $644,933,798 $121,225,859
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