Indiana University Health West Hospital Inc

EIN: 351814660 501(c)(3) Health Care

INDIANAPOLIS, IN

Total Revenue
$383,389,200
Total Expenses
$301,026,427
Total Assets
$720,869,351
Net Assets
$695,451,918
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
IN
Phone
3179634842
Tax Period
2023-01-01 to 2023-12-31

Indiana University Health West Hospital Inc, founded in 1990, is a major nonprofit in the Health Care sector that reported $383.4M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82.4M, a strong 21% operating margin.

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 $365,849
Program Service Revenue $357,337,778
Investment Income $24,444,643
Other Revenue $1,240,930
TOTAL REVENUE $383,389,200

Expense Breakdown

Grants Paid $140,400
Salaries & Benefits $105,750,790
Fundraising Expenses $0
Program Expenses $289,473,941
Other Expenses $195,135,237
TOTAL EXPENSES $301,026,427

Year-over-Year Comparison

2023 2022 Change
Revenue $383,389,200 $304,504,594 +0.3%
Expenses $301,026,427 $272,127,683 +0.1%
Net Income $82,362,773 $32,376,911 +1.5%
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
9
Independent Members
6
Employees
2813
Volunteers
292

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
5
$1,702,936
Total Directors
11
$2,196,083
Key Employees
4
$1,508,646
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A DIRECTOR / PRESIDENT (ISR) 10.0
Officer Director
$0 $183,503 $1,084,751
N/A Director/Chair 2.0
Officer Director
$0 $0 $11,250
N/A Director/Vice Chair 2.0
Officer Director
$0 $0 $10,000
N/A Director 2.0
Director
$0 $0 $8,500
N/A DIRECTOR 2.0
Director
$0 $0 $8,000
N/A DIRECTOR 2.0
Director
$0 $0 $44,500
N/A DIRECTOR (Part Year) 2.0
Director
$0 $35,700 $618,398
N/A DIRECTOR (Part Year) 2.0
Director
$0 $0 $3,750
N/A DIRECTOR 2.0
Director
$0 $0 $7,000
N/A DIRECTOR 2.0
Director
$0 $30,129 $393,934
N/A Director 2.0
Director
$0 $0 $6,000
N/A CFO (ISR) 10.0
Officer
$0 $64,209 $403,690
N/A Secretary 5.0
Officer
$0 $16,698 $193,245
N/A VP, COO (ISR) 10.0
Key Emp
$0 $53,689 $352,619
N/A VP-CNO (ISR) 10.0
Key Emp
$0 $34,144 $298,895
N/A VP-CMO (ISR) 15.0
Key Emp
$0 $76,110 $552,948
N/A REGIONAL VP-HR (ISR) 10.0
Key Emp
$0 $58,312 $304,184
N/A DIRECTOR - PHARMACY 50.0
Highest
$194,931 $28,455 $223,386
N/A PHARMACIST 50.0
Highest
$242,243 $29,632 $271,875
N/A VP COO (West) 55.0
Highest
$265,569 $50,542 $316,111
N/A VP - CNO West 55.0
Highest
$246,685 $51,870 $298,555
N/A CLINICAL NURSE 50.0
Highest
$220,153 $74,801 $294,954
N/A Former Officer 5.0
$0 $39,916 $221,662
N/A FORMER OFFICER & KEY EMPLOYEE 0.0
$0 $154,953 $897,813
N/A FORMER OFFICER 0.0
$0 $62,375 $397,581
N/A Former Key Employee 10.0
$283,785 $13,054 $296,839
N/A FORMER KEY EMPLOYEE 0.0
$0 $43,640 $238,977
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 $383,389,200 $301,026,427 $720,869,351 $82,362,773
2022 $304,504,594 $272,127,683 $639,315,613 $32,376,911
2021 $305,202,067 $241,676,965 $614,769,852 $63,525,102
2020 $266,179,635 $212,831,640 $578,283,935 $53,347,995
2019 $262,916,374 $199,976,570 $589,101,817 $62,939,804
2018 $247,684,735 $189,242,896 $521,438,931 $58,441,839
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