Skip to content
Nonprofiteer
← INDIANA UNIVERSITY HEALTH PLANS NFP INC

Form 990 for tax year 2022

Filed by INDIANA UNIVERSITY HEALTH PLANS NFP INC.

Totals

Total revenue
$156,879,630
Total expenses
$165,185,067
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$156,305,461
Investment income
$574,169
Other revenue
$0
Total assets, end of year
$52,294,218
Total liabilities, end of year
$28,405,623
Net assets or fund balances, end of year
$23,888,595
Program services expenses (Part IX)
$159,628,012
Management and general expenses
$5,557,055
Fundraising expenses
$0
Program service expenses (Part III)
$159,628,012

Program services were 96.6% 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.

  • 2a · Program service revenue: MEDICARE MEMBER SERVICE REVENUE

    total $156,305,461 · related or exempt $156,305,461

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $574,169 · excluded $574,169

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $35,529 · program services $17,765 · management and general $17,764

  • 11g · Fees: other

    total $13,897,285 · program services $13,232,922 · management and general $664,363 · fundraising $0

  • 12 · Advertising and promotion

    total $4,812,626 · management and general $4,812,626

  • 13 · Office expenses

    total $171,237 · program services $160,362 · management and general $10,875

  • 14 · Information technology

    total $62,392 · program services $31,196 · management and general $31,196

  • 16 · Occupancy

    total $221,779 · program services $221,779

  • 17 · Travel

    total $10,073 · program services $9,433 · management and general $640

  • 23 · Insurance

    total $13,207 · management and general $13,207

  • 24a · Other expenses: Health Claims Paid to Providers

    total $143,518,889 · program services $143,518,889

  • 24b · Other expenses: Drugs and Medical Supplies

    total $2,341,526 · program services $2,341,526

  • 24e · All other expenses

    total $100,524 · program services $94,140 · management and general $6,384 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $47,530,057 · end of year $42,950,394

  • 4 · Accounts receivable

    beginning of year $7,223,708 · end of year $8,323,542

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $150,098 · end of year $517,735

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $508,153 · end of year $502,547

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,893,148 · end of year $11,554,962

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $24,176,166 · end of year $16,850,661

  • 27 · Net assets without donor restrictions

    beginning of year $21,342,702 · end of year $23,888,595

Mission and programs · 2022

Mission

AN INDIANA MEDICARE ADVANTAGE PLAN THAT IS PASSIONATE ABOUT HELPING OUR MEMBERS ACHIEVE THE WELLBEING THEY DESIRE BY IMPROVING THE WAY THEY EXPERIENCE HEALTH CARE.

  • INDIANA UNIVERSITY HEALTH PLANS NFP, INC. ("IU HEALTH PLANS NFP") OPERATES AS A HEALTH MAINTENANCE ORGANIZATION ("HMO") THAT HOLDS A CONTRACT WITH THE FEDERAL CENTERS FOR MEDICAID AND MEDICARE SERVICES, A DIVISION OF THE FEDERAL DEPARTMENT OF HEALTH AND HUMAN SERVICES, TO BE A MEDICARE ADVANTAGE ORGANIZATION. MEDICARE ADVANTAGE ORGANIZATIONS ARE REQUIRED TO PROVIDE ADEQUATE ACCESS TO COMPREHENSIVE HEALTH CARE SERVICES FOR MEDICARE BENEFICIARIES THROUGH A CONTRACTED NETWORK OF HEALTH CARE PROVIDERS. TO BE CONSIDERED ADEQUATE, THE NETWORK MUST HAVE A SUFFICIENT NUMBER OF HEALTH CARE PROVIDERS WITHIN AN ACCEPTABLE DISTANCE OF THE MEDICARE BENEFICIARIES. THE CORPORATION USES INDIANA UNIVERSITY HEALTH, INC. ("IU HEALTH") AS A HEALTH CARE DELIVERY SYSTEM TO DELIVER AND ARRANGE FOR HEALTH CARE SERVICES TO MEDICARE BENEFICIARIES. IU HEALTH MAINTAINS A NETWORK OF PROVIDERS THROUGHOUT THE STATE OF INDIANA. IU HEALTH PLANS NFP'S HMO BUSINESS IS LIMITED TO THE MEDICARE ADVANTAGE PROGRAM. THE CORPORATION DOES NOT CURRENTLY NOR DOES IT INTEND IN THE FUTURE TO PROVIDE HMO COVERAGE IN THE COMMERCIAL, INDIVIDUAL, OR GROUP HEALTH INSURANCE MARKETS.

    Expenses $159,628,012 · Revenue $156,305,461

As filed on the 2022 return.

Listed in Part VII

  • Stephanie L Motter

    DIRECTOR/PRESIDENT

    Total calculated
    $899,661
    From this org
    $0
    From related orgs
    $799,105
    Other
    $100,556
    Hours/week
    25 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $551,897 related
    Bonus
    $0 + $225,269 related
    Other
    $0 + $21,939 related
    Deferred
    $0 + $58,347 related
    Nontaxable benefits
    $0 + $42,209 related
    Filer's total
    $0 + $899,661 related

  • Arthur Vasquez

    DIRECTOR (PART YEAR)

    Total calculated
    $714,787
    From this org
    $0
    From related orgs
    $592,106
    Other
    $122,681
    Hours/week
    2 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $500,988 related
    Bonus
    $0 + $89,248 related
    Other
    $0 + $1,869 related
    Deferred
    $0 + $88,651 related
    Nontaxable benefits
    $0 + $34,029 related
    Filer's total
    $0 + $714,786 related

  • David Burton

    DIRECTOR (PART YEAR)

    Total calculated
    $477,263
    From this org
    $0
    From related orgs
    $436,893
    Other
    $40,370
    Hours/week
    2 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $381,653 related
    Bonus
    $0 + $33,930 related
    Other
    $0 + $21,310 related
    Deferred
    $0 + $12,200 related
    Nontaxable benefits
    $0 + $28,170 related
    Filer's total
    $0 + $477,262 related

  • Gregory C Kiray MD

    DIRECTOR

    Total calculated
    $898,637
    From this org
    $0
    From related orgs
    $758,256
    Other
    $140,381
    Hours/week
    2 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $523,093 related
    Bonus
    $0 + $226,910 related
    Other
    $0 + $8,253 related
    Deferred
    $0 + $113,165 related
    Nontaxable benefits
    $0 + $27,216 related
    Filer's total
    $0 + $898,637 related

  • Jennifer M Alvey

    DIRECTOR

    Total calculated
    $1,738,076
    From this org
    $0
    From related orgs
    $1,505,106
    Other
    $232,970
    Hours/week
    2 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $987,703 related
    Bonus
    $0 + $363,926 related
    Other
    $0 + $153,477 related
    Deferred
    $0 + $177,801 related
    Nontaxable benefits
    $0 + $55,170 related
    Filer's total
    $0 + $1,738,077 related

  • Nichole Wilson

    DIRECTOR (PART YEAR)

    Total calculated
    $392,603
    From this org
    $0
    From related orgs
    $353,366
    Other
    $39,237
    Hours/week
    2 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $340,221 related
    Bonus
    $0 + $500 related
    Other
    $0 + $12,645 related
    Deferred
    $0 + $12,200 related
    Nontaxable benefits
    $0 + $27,037 related
    Filer's total
    $0 + $392,602 related

  • Ronald L Stiver

    DIRECTOR

    Total calculated
    $1,688,041
    From this org
    $0
    From related orgs
    $1,488,098
    Other
    $199,943
    Hours/week
    2 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $711,443 related
    Bonus
    $0 + $384,522 related
    Other
    $0 + $392,133 related
    Deferred
    $0 + $143,603 related
    Nontaxable benefits
    $0 + $56,339 related
    Filer's total
    $0 + $1,688,041 related

  • Scott M Black

    TREASURER

    Total calculated
    $486,173
    From this org
    $0
    From related orgs
    $423,275
    Other
    $62,898
    Hours/week
    2 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $347,882 related
    Bonus
    $0 + $52,329 related
    Other
    $0 + $23,064 related
    Deferred
    $0 + $12,200 related
    Nontaxable benefits
    $0 + $50,698 related
    Filer's total
    $0 + $486,173 related

  • Tina L Korty

    SECRETARY

    Total calculated
    $260,849
    From this org
    $0
    From related orgs
    $227,465
    Other
    $33,384
    Hours/week
    2 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $190,347 related
    Bonus
    $0 + $29,392 related
    Other
    $0 + $7,726 related
    Deferred
    $0 + $9,146 related
    Nontaxable benefits
    $0 + $24,239 related
    Filer's total
    $0 + $260,849 related

  • John F Fitzgerald MD

    DIRECTOR (PART YEAR)

    Total calculated
    $340,158
    From this org
    $0
    From related orgs
    $315,641
    Other
    $24,517
    Hours/week
    2 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $304,783 related
    Bonus
    $0 + $4,000 related
    Other
    $0 + $6,858 related
    Deferred
    $0 + $12,506 related
    Nontaxable benefits
    $0 + $12,011 related
    Filer's total
    $0 + $340,158 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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
IU HEALTH PLAN NFP'S PRESIDENT WAS EMPLOYED BY RELATED PARTY AND PARENT ORGANIZATION, IU HEALTH, INC. IU HEALTH'S PROCESS FOR DETERMINING COMPENSATION INCLUDES THE USE OF A COMPENSATION SURVEY/STUDY CONDUCTED BY AN INDEPENDENT COMPENSATION CONSULTANT WITH REVIEW AND APPROVAL BY THE TALENT MANAGEMENT AND EXECUTIVE COMPENSATION COMMITTEE AND THE BOARD OF DIRECTORS. PLEASE SEE SCHEDULE O FOR ADDITIONAL DETAILS.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
Arthur Vasquez, RONALD L. STIVER, Gregory C. Kiray M.D., Stephanie L. Motter, and Jennifer M. Alvey PARTICIPATE IN AN IU HEALTH SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN, PROVISIONS OF WHICH ARE DESIGNED TO RETAIN ITS CRITICAL EMPLOYEES. THE PLAN PROVIDES FOR AN ADDITIONAL RETIREMENT BENEFIT FOR SERVICE THROUGH NORMAL RETIREMENT OR OTHER KEY DATES. IF THE EXECUTIVE LEAVES PRIOR TO RETIREMENT OR OTHER KEY DATES, THE BENEFIT MAY BE FORFEITED OR REDUCED. EACH OF THE EXECUTIVES LISTED ABOVE HAS AN AMOUNT INCLUDED IN COLUMN C, DEFERRED COMPENSATION, REPRESENTING THE CURRENT YEAR UNVESTED CONTRIBUTIONS MADE UNDER THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN. THESE AMOUNTS WERE NOT PAID TO THE EXECUTIVES DURING THE YEAR. THE FOLLOWING EXECUTIVES HAVE AN AMOUNT INCLUDED IN COLUMN B (III), OTHER REPORTABLE COMPENSATION, REPRESENTING THE CURRENT YEAR VESTED AMOUNTS RECEIVED UNDER THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN: - JENNIFER M. ALVEY ($129,626) - RON STIVER ($370,168)

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

No itemized grants to organizations on this return.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • BALL OUTPATIENT SUR CTR LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • BELTWAY SURGERY CENTERS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • BOSC HOLDINGS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • BSC HOLDINGS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • IEC HOLDINGS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • INDIANA ENDOSCOPY CENTERS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • ROC SURGERY LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • ROCS HOLDINGS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • SENATE ST SURGERY CENTER LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • SSSC HOLDINGS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • HEALTH VENTURE MANAGEMENT LLC

    MANAGEMENT · IN

    Directly controlled by NA

  • IU Health Southwest Fort Wayne Ambulatory Surgery Center LLC

    Healthcare · IN

    Directly controlled by NA

  • IU HEALTH FORT WAYNE SW ASC HOLDINGS LLC

    HEALTHCARE · IN

    Directly controlled by NA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • BMH MEDICAL PAVILION ASSOCIATION INC

    C Corporation · CONDO MANAGEMENT · IN · controlled entity

    Directly controlled by NA

  • IU HEALTH 457(B) PLAN

    Trust · INVESTMENTS · IN · controlled entity

    Directly controlled by NA

  • IU HEALTH ACO INC

    C Corporation · HEALTHCARE · IN · controlled entity

    Directly controlled by NA

  • IU HEALTH BOARD DESIGNATED TRUST

    Trust · INVESTMENTS · IN · controlled entity

    Directly controlled by NA

  • IU HEALTH PLANS INC

    C Corporation · HMO · IN · controlled entity

    Directly controlled by NA

  • IU HEALTH RISK PURCHASING GROUP INC

    C Corporation · INSURANCE · IN · controlled entity

    Directly controlled by NA

  • IU HEALTH RISK RETENTION GROUP INC

    C Corporation · INSURANCE · SC · controlled entity

    Directly controlled by NA

  • IUH ASSURANCE SPC LTD

    C Corporation · INSURANCE · CJ · controlled entity

    Directly controlled by NA

  • PROTEUO FUND LP

    C Corporation · INVESTMENTS · CJ · controlled entity

    Directly controlled by NA

  • CERBERUS RESIDENTIAL OPPORT INST LTD

    C Corporation · INVESTMENTS · CJ · controlled entity

    Directly controlled by NA

  • University Surgeons Inc

    C Corporation · Physician Services · IN · controlled entity

    Directly controlled by NA

  • Pediatric Surgical Associates Inc

    C Corporation · Physician Services · IN · controlled entity

    Directly controlled by NA

  • Cardiothoracic Surgeons Inc

    C Corporation · Physician Services · IN · controlled entity

    Directly controlled by NA

  • University Vascular Surgery Inc

    C Corporation · Physician Services · IN · controlled entity

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202333189349316658

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.