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Nonprofiteer
← IHA HOSPITAL ASSISTANCE FOUNDATION INC

Form 990 for tax year 2023

Filed by IHA HOSPITAL ASSISTANCE FOUNDATION INC.

Totals

Total revenue
$3,617,475
Total expenses
$2,318,553
Contributions and grants received
$3,597,151
Grants paid
$2,279,437
Program service revenue
$0
Investment income
$20,324
Other revenue
$0
Total assets, end of year
$2,534,639
Total liabilities, end of year
$1,196,430
Net assets or fund balances, end of year
$1,338,209
Program services expenses (Part IX)
$2,279,437
Management and general expenses
$39,116
Fundraising expenses
$0
Program service expenses (Part III)
$2,279,437

Program services were 98.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $3,597,151

  • 3 · Investment income

    total $10,465 · excluded $10,465

  • 7a · Gross sales of assets other than inventory

    securities $9,859

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $9,859

  • 7d · Net gain or loss

    total $9,859 · excluded $9,859

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,279,437 · program services $2,279,437

  • 24e · All other expenses

    total $39,116 · management and general $39,116

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $271,782 · end of year $1,028,625

  • 11 · Investments: publicly traded securities

    end of year $1,506,014

  • 25 · Other liabilities

    beginning of year $268,789 · end of year $1,196,430

  • 27 · Net assets without donor restrictions

    beginning of year $2,993 · end of year $848,028

  • 28 · Net assets with donor restrictions

    end of year $490,181

Mission and programs · 2023

Mission

PROVIDING FINANCIAL ASSISTANCE TO INDIANA HOSPITALS TO HELP ADDRESS THE FINANCIAL DIFFICULTIES ATTRIBUTABLE TO THE PROVISION OF UNDERCOMPENSATED OR CHARITY HEALTH CARE, THEREBY ENABLING HOSPITALS TO BETTER SERVE THE NEEDS OF THEIR COMMUNITIES, TO BETTER PROVIDE RELIEF FROM SICKNESS OR DISEASE, AND TO LESSEN THE BURDENS OF GOVERNMENT.

Activities or mission (Part I)

PROVIDE FINANCIAL ASSISTANCE TO INDIANA HOSPITALS ATTRIBUTABLE TO UNDERCOMPENSATED OR CHARITY HEALTH CARE.

  • THE IHA HOSPITAL ASSISTANCE FOUNDATION'S (THE FOUNDATION) PROGRAM SERVICE ACCOMPLISHMENTS IMPROVE ACCESS TO QUALITY HEALTH CARE FOR THE PEOPLE OF INDIANA AND PROVIDE FINANCIAL ASSISTANCE TO QUALIFYING INDIANA HOSPITALS TO ADDRESS DIFFICULTIES RELATED TO UNDERCOMPENSATED AND CHARITY HEALTH CARE THROUGH SUPPORTING THE ACTIVITIES OF INDIANA HOSPITAL ASSOCIATION. THE FOUNDATION INITIATED AND CARRIED ON PROGRAMS TO SUPPORT THE IMPROVEMENT OF THE CARE AND TREATMENT OF INDIANA HOSPITAL PATIENTS AND ENSURE ACCESS TO SUCH CARE AND TREATMENT FOR THE GENERAL PUBLIC THAT USE INDIANA HOSPITALS. THE FOUNDATION'S MAIN PROGRAM IS TO LESSEN THE BURDENS OF INDIANA HOSPITALS RESULTING FROM THE INDIANA MEDICAID PROGRAM.

    Expenses $2,279,437 · Grants $2,279,437

  • THE INDIANA MEDICAID PROGRAM IS A SIGNIFICANT CAUSE OF FINANCIAL DISTRESS AFFECTING INDIANA HOSPITALS, THEIR COMMUNITIES, AND THEIR PATIENTS NOT ONLY BECAUSE THE MAJORITY OF INDIANA HOSPITALS RECEIVE LESS THAN THEIR COST TO TREAT MEDICAID RECIPIENTS BUT ALSO BECAUSE OF THE DISPARATE IMPACT OF THE MEDICAID PROGRAM ON VARIOUS HOSPITALS IN THE INDIANA HOSPITAL COMMUNITY THAT SERVE MEDICAID PATIENTS. THE RESULTING FINANCIAL DISTRESS ON SOME INDIANA HOSPITALS WILL DIMINISH THEIR ABILITY TO PROVIDE HEALTH CARE SERVICES TO THEIR PATIENTS AND COMMUNITIES. THE FOUNDATION HAS ESTABLISHED A PROGRAM UNDER WHICH INDIANA HOSPITALS WILL BE ASKED TO VOLUNTARILY CONTRIBUTE TO A FUND OR FUNDS, THE PROCEEDS OF WHICH WILL BE USED TO PROVIDE FINANCIAL ASSISTANCE TO CERTAIN INDIANA HOSPITALS TO HELP ADDRESS THE DISPARATE

  • AND NEGATIVE EFFECTS OF THE INDIANA MEDICAID PROGRAM AND THEREBY ENABLE RECIPIENT HOSPITALS TO BE BETTER SERVE THE NEEDS OF THEIR COMMUNITIES. THE FOUNDATION IS AIDING HOSPITALS IN THEIR MISSION TO PROVIDE QUALITY HEALTH CARE TO THEIR COMMUNITIES AND PATIENTS AND WILL SUPPORT THE STATE OF INDIANA IN ITS EFFORTS TO ENSURE THAT HOSPITAL SERVICES ARE AVAILABLE TO MEDICAID RECIPIENTS AND THE GENERAL PUBLIC.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brian Tabor

    PRESIDENT

    Total calculated
    $789,039
    From this org
    $0
    From related orgs
    $701,115
    Other
    $87,924
    Hours/week
    1 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $701,115 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $85,869 related
    Nontaxable benefits
    $0 + $2,055 related
    Filer's total
    $0 + $789,039 related
  • Shawn McCoy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Brad Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Carol Dozier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Steven M Holman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Terry Cole

    VICE PRESIDENT

    Total calculated
    $449,537
    From this org
    $0
    From related orgs
    $379,963
    Other
    $69,574
    Hours/week
    1 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $379,963 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $42,368 related
    Nontaxable benefits
    $0 + $27,206 related
    Filer's total
    $0 + $449,537 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • PINNACLE HEALTHCARE LLC

    $876,217

    FINANCIAL ASSISTANCE RELATED TO ECONOMIC BURDEN AS DESCRIBED BELOW.

  • INDIANA ORTHOPAEDIC HOSPITAL LLC

    $776,055

    FINANCIAL ASSISTANCE RELATED TO ECONOMIC BURDEN AS DESCRIBED BELOW.

  • INDIANA SPINE HOSPITAL

    $229,141

    FINANCIAL ASSISTANCE RELATED TO ECONOMIC BURDEN AS DESCRIBED BELOW.

  • FINANCIAL ASSISTANCE FOR IHA SAFE AND SOUND CAMPAIGN

  • PRIME HEALTHCARE SERVICES-MONROE LLC

    $81,938

    FINANCIAL ASSISTANCE RELATED TO ECONOMIC BURDEN AS DESCRIBED BELOW.

  • FINANCIAL ASSISTANCE RELATED TO ECONOMIC BURDEN AS DESCRIBED BELOW.

  • FINANCIAL ASSISTANCE RELATED TO ECONOMIC BURDEN AS DESCRIBED BELOW.

  • FINANCIAL ASSISTANCE RELATED TO ECONOMIC BURDEN AS DESCRIBED BELOW.

  • FINANCIAL ASSISTANCE RELATED TO ECONOMIC BURDEN AS DESCRIBED BELOW.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
6 November 2024
IRS schema version
2023v5.1
Source object
202413119349302581

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