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Nonprofiteer
← INDIANA UNIVERSITY HEALTH INC

Form 990 for tax year 2022

Filed by INDIANA UNIVERSITY HEALTH INC.

Totals

Total revenue
$4,969,270,261
Total expenses
$4,664,586,372
Contributions and grants received
$34,574,004
Grants paid
$25,502,967
Program service revenue
$4,877,905,867
Investment income
$35,234,986
Other revenue
$21,555,404
Total assets, end of year
$9,941,042,603
Total liabilities, end of year
$3,849,785,323
Net assets or fund balances, end of year
$6,091,257,280
Program services expenses (Part IX)
$4,426,654,585
Management and general expenses
$237,931,787
Fundraising expenses
$0
Program service expenses (Part III)
$4,426,654,585

Program services were 94.9% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $13,985,535

  • 1e · Government grants (contributions)

    $10,804,506

  • 1f · All other contributions, gifts and grants

    $9,783,963

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: Net Patient Service Revenue

    total $2,583,505,168 · related or exempt $2,583,505,168

  • 2b · Program service revenue: Shared Services

    total $529,186,430 · related or exempt $521,591,469 · unrelated business $7,594,961

  • 2c · Program service revenue: Pharmacy

    total $400,694,475 · related or exempt $324,013,907 · unrelated business $76,680,568

  • 2d · Program service revenue: Reference Laboratory

    total $750,978,324 · related or exempt $737,012,900 · unrelated business $13,965,424

  • 2e · Program service revenue: Member Premium Revenue

    total $568,365,041 · related or exempt $568,365,041

  • 2f · All other program service revenue

    total $45,176,429 · related or exempt $35,241,017 · unrelated business $9,935,412 · excluded $0

  • 3 · Investment income

    total $150,921,232 · related or exempt $3,018,663 · excluded $147,902,569

  • 6a · Gross rents

    real property $15,807,363

  • 6b · Less rental expenses

    real property $14,337,171

  • 6c · Rental income or loss

    real property $1,470,192 · personal property $0

  • 6d · Net rental income or loss

    total $1,470,192 · unrelated business $129,796 · excluded $1,340,396

  • 7a · Gross sales of assets other than inventory

    securities $3,150,536,508 · other assets $85,771

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

    securities $3,266,308,525 · other assets $0

  • 7c · Gain or loss

    securities -$115,772,017 · other assets $85,771

  • 7d · Net gain or loss

    total -$115,686,246 · unrelated business $4,770,751 · excluded -$120,456,997

  • 11a · Other revenue: Cafeteria/Food Service

    total $163,521 · excluded $163,521

  • 11b · Other revenue: Parking

    total $1,738,557 · excluded $1,738,557

  • 11c · Other revenue: Education

    total $1,502,089 · excluded $1,502,089

  • 11d · All other revenue

    total $16,681,045 · related or exempt $0 · unrelated business $610,552 · excluded $16,070,493

  • 11e · Other revenue, total

    $20,085,212

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $25,363,759 · program services $25,363,759

  • 2 · Grants to domestic individuals

    total $139,208 · program services $139,208

  • 5 · Compensation of officers, directors and key employees

    total $12,427,179 · program services $12,054,364 · management and general $372,815 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $862,873 · program services $836,987 · management and general $25,886

  • 7 · Other salaries and wages

    total $1,543,452,163 · program services $1,493,316,646 · management and general $50,135,517

  • 8 · Pension plan contributions

    total $51,281,499 · program services $49,615,737 · management and general $1,665,762

  • 9 · Other employee benefits

    total $176,103,297 · program services $170,382,984 · management and general $5,720,313

  • 10 · Payroll taxes

    total $97,816,075 · program services $94,638,743 · management and general $3,177,332

  • 11a · Fees: management

    total $2,642,245 · management and general $2,642,245

  • 11b · Fees: legal

    total $3,327,904 · program services $1,663,952 · management and general $1,663,952

  • 11c · Fees: accounting

    total $2,928,824 · program services $1,464,412 · management and general $1,464,412

  • 11d · Fees: lobbying

    total $912,889 · management and general $912,889

  • 11f · Fees: investment management

    total $11,276,043 · management and general $11,276,043

  • 11g · Fees: other

    total $483,888,320 · program services $444,803,180 · management and general $39,085,140 · fundraising $0

  • 12 · Advertising and promotion

    total $16,617,205 · management and general $16,617,205

  • 13 · Office expenses

    total $34,369,529 · program services $31,593,397 · management and general $2,776,132

  • 14 · Information technology

    total $121,682,068 · program services $60,841,034 · management and general $60,841,034

  • 16 · Occupancy

    total $94,521,668 · program services $86,959,935 · management and general $7,561,733

  • 17 · Travel

    total $2,562,785 · program services $2,355,781 · management and general $207,004

  • 19 · Conferences, conventions and meetings

    total $1,000 · program services $919 · management and general $81

  • 20 · Interest

    total $48,996,097 · program services $48,996,097

  • 22 · Depreciation, depletion and amortization

    total $165,127,204 · program services $157,960,915 · management and general $7,166,289

  • 23 · Insurance

    total $20,728,331 · management and general $20,728,331

  • 24a · Other expenses: Bad Debt

    total $42,583,810 · program services $42,583,810

  • 24b · Other expenses: Drugs and Medical Supplies

    total $1,092,353,223 · program services $1,092,353,223

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

    total $478,209,750 · program services $478,209,750

  • 24d · Other expenses: Hospital Assessment Fee

    total $91,853,782 · program services $91,853,782

  • 24e · All other expenses

    total $42,557,642 · program services $38,665,970 · management and general $3,891,672 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $134,222 · end of year $96,790

  • 2 · Savings and temporary cash investments

    beginning of year $259,457,703 · end of year $328,564,070

  • 3 · Pledges and grants receivable

    beginning of year $4,127,506 · end of year $588,906

  • 4 · Accounts receivable

    beginning of year $625,354,373 · end of year $602,185,990

  • 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

  • 7 · Other notes and loans receivable

    beginning of year $68,209,589 · end of year $74,985,170

  • 8 · Inventories for sale or use

    beginning of year $92,968,302 · end of year $98,568,148

  • 9 · Prepaid expenses and deferred charges

    beginning of year $170,571,901 · end of year $167,014,807

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

    $4,814,318,726

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

    $2,689,078,759

  • 10c · Land, buildings and equipment, net

    beginning of year $1,730,466,162 · end of year $2,125,239,967

  • 11 · Investments: publicly traded securities

    beginning of year $5,230,695,262 · end of year $3,581,219,183

  • 12 · Investments: other securities

    beginning of year $2,248,031,985 · end of year $2,643,020,000

  • 13 · Investments: program-related

    beginning of year $293,558,859 · end of year $296,978,372

  • 14 · Intangible assets

    beginning of year $7,852,193 · end of year $7,852,193

  • 15 · Other assets

    beginning of year $155,729,689 · end of year $14,729,007

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,341,758,083 · end of year $603,978,620

  • 18 · Grants payable

    end of year $0

  • 19 · Deferred revenue

    beginning of year $11,048,272 · end of year $9,363,342

  • 20 · Tax-exempt bond liabilities

    beginning of year $1,479,678,426 · end of year $1,430,693,000

  • 21 · Escrow or custodial account liability

    end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $112,684,995 · end of year $329,647,266

  • 24 · Unsecured notes and loans payable

    end of year $0

  • 25 · Other liabilities

    beginning of year $149,119,973 · end of year $1,476,103,095

  • 27 · Net assets without donor restrictions

    beginning of year $6,791,012,133 · end of year $6,089,401,416

  • 28 · Net assets with donor restrictions

    beginning of year $1,855,864 · end of year $1,855,864

Mission and programs · 2022

Mission

Lead the transformation of healthcare through quality, innovation & education, and make Indiana one of the nation's healthiest states.

  • NET PATIENT SERVICE REVENUE: INDIANA UNIVERSITY HEALTH, INC. ("IU HEALTH") IS AN ACADEMIC HEALTH CENTER COMPRISED OF IU HEALTH METHODIST HOSPITAL, IU HEALTH UNIVERSITY HOSPITAL, AND RILEY HOSPITAL FOR CHILDREN AT IU HEALTH (TOGETHER REFERRED TO AS "IU HEALTH ACADEMIC HEALTH CENTER"), IU HEALTH SAXONY HOSPITAL, AND IU HEALTH MORGAN. IT ALSO OFFERS PHARMACY, HOME CARE, OUTPATIENT, AND EMERGENCY TRANSPORT SERVICES THROUGHOUT THE CENTRAL INDIANA AREA. IU HEALTH INCORPORATES A UNIQUE PARTNERSHIP WITH INDIANA UNIVERSITY SCHOOL OF MEDICINE ("IU SCHOOL OF MEDICINE"), ONE OF THE NATION'S LEADING MEDICAL SCHOOLS, TO GIVE PATIENTS ACCESS TO INNOVATIVE TREATMENTS AND THERAPIES, ALL WITHOUT REGARD TO THEIR ABILITY TO PAY. IU HEALTH IS ALSO THE PARENT ORGANIZATION OF THE IU HEALTH SYSTEM, INDIANA'S MOST COMPREHENSIVE HEALTH CARE SYSTEM. IU HEALTH METHODIST AND IU HEALTH UNIVERSITY HOSPITALS IU HEALTH METHODIST AND IU HEALTH UNIVERSITY HOSPITALS, LOCATED IN INDIANAPOLIS, INDIANA, ARE A 1,025-BED ADULT ACADEMIC HEALTH CENTER IN PARTNERSHIP WITH THE IU SCHOOL OF MEDICINE. IU HEALTH METHODIST HOSPITAL AND IU HEALTH UNIVERSITY HOSPITAL ARE DESIGNATED AS MAGNET HOSPITALS, RECOGNIZED FOR EXCELLENCE IN NURSING SERVICES AND HIGH-QUALITY CLINICAL OUTCOMES FOR PATIENTS. IU HEALTH UNIVERSITY HOSPITAL IS A LEADING ACADEMIC MEDICAL CENTER WITH A COMMITMENT TO DISSEMINATING RESEARCH FINDINGS WHILE IMPROVING THE QUALITY OF LIFE FOR PEOPLE ON A LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL BASIS. IU HEALTH METHODIST HOSPITAL AND IU HEALTH UNIVERSITY HOSPITAL BOTH SERVE AN ADULT POPULATION. THESE HOSPITALS LEAD THE WAY IN COMMUNITY BENEFIT INITIATIVES. A SUBSTANTIAL PIECE OF COMMUNITY BENEFIT IS PROVIDING EXCELLENT CARE TO PATIENTS, REGARDLESS OF THEIR ABILITY TO PAY. RILEY HOSPITAL FOR CHILDREN AT IU HEALTH RILEY HOSPITAL FOR CHILDREN AT IU HEALTH, LOCATED IN INDIANAPOLIS, INDIANA, IS A 276-BED CHILDREN'S HOSPITAL THAT IS INDIANA'S LARGEST AND MOST COMPREHENSIVE PEDIATRIC HOSPITAL. IT IS REGULARLY RANKED AMONG THE TOP CHILDREN'S HOSPITALS IN THE COUNTY BY U.S. NEWS & WORLD REPORT'S BEST CHILDREN'S HOSPITALS. IN ADDITION TO CLINICAL EXPERTISE, RILEY HOSPITAL FOR CHILDREN AT IU HEALTH'S PARTNERSHIP WITH THE IU SCHOOL OF MEDICINE ENSURES THAT PATIENTS HAVE ACCESS TO THE MOST INNOVATIVE TREATMENTS AND THE LATEST RESEARCH AND TECHNOLOGY. RILEY HOSPITAL FOR CHILDREN AT IU HEALTH PROVIDES COMPREHENSIVE, FAMILY-CENTERED CARE TO MORE THAN 250,000 CHILDREN ANNUALLY THROUGH ITS STATEWIDE PRIMARY AND SPECIALTY CARE OFFICES, AND INPATIENT AND OUTPATIENT SERVICES AT ITS FLAGSHIP HOSPITAL. PEDIATRIC PATIENTS AND THEIR FAMILIES TRAVEL FROM ALL 92 INDIANA COUNTIES, THE REGION AND THE WORLD TO ACCESS THE NATIONALLY RECOGNIZED CLINICAL PROGRAMS OF RILEY HOSPITAL FOR CHILDREN AT IU HEALTH. RILEY HOSPITAL FOR CHILDREN AT IU HEALTH IS ALSO DESIGNATED AS A MAGNET HOSPITAL, RECOGNIZED FOR EXCELLENCE IN NURSING SERVICES AND HIGH-QUALITY CLINICAL OUTCOMES FOR PATIENTS. IU HEALTH SAXONY HOSPITAL IU HEALTH SAXONY HOSPITAL, LOCATED IN FISHERS, INDIANA, IS A 32-BED SPECIALTY CARE HOSPITAL PRIMARILY FOCUSING ON SURGICAL SERVICES FOR CARDIOVASCULAR AND ORTHOPEDICS. IT OPENED IN 2011 AND INCLUDES SIX OPERATING ROOMS, A FULL EMERGENCY DEPARTMENT, A HELIPAD FOR MEDICAL TRANSPORT AND A MEDICAL OFFICE COMPLEX. IU HEALTH SAXONY HOSPITAL IS ALSO HOME TO THE INDIANA UNIVERSITY HEALTH HIP AND KNEE CENTER. HERE, THE TEAM OF FELLOWSHIP TRAINED SURGEONS PERFORM MORE HIP AND KNEE REPLACEMENTS THAN ANY OTHER IU HEALTH FACILITY IN THE STATE. IU HEALTH MORGAN IU HEALTH MORGAN, AN OUTPATIENT DEPARTMENT OF THE IU HEALTH ACADEMIC HEALTH CENTER LOCATED IN MARTINSVILLE, INDIANA, OFFERS COVERAGE IN ADULT AND PEDIATRIC CARE; SPECIALTY CARE; EMERGENCY AND URGENT CARE; DIAGNOSTIC IMAGING INCLUDING 3D MAMMOGRAPHY; LAB TESTING; OUTPATIENT SURGICAL SERVICES; CANCER CARE, INCLUDING MEDICAL AND RADIATION ONCOLOGY; CARDIAC, PHYSICAL, SPEECH AND OCCUPATIONAL THERAPIES; SLEEP LAB; AND COMMUNITY HEALTH AND WELLNESS, INCLUDING MEDICAL NUTRITION THERAPY AND DIABETES CARE.

    Expenses $2,343,057,126 · Grants $25,502,967 · Revenue $2,583,505,168

  • LABORATORY SERVICES: The laboratories of IU Health offer some of the most comprehensive laboratory services in Indiana. Open 24 hours a day, seven days a week, the laboratories perform more than 19 million tests a year. In addition to IU Health, laboratory testing services are provided to hospitals and physicians across the country.

    Expenses $681,084,418 · Revenue $750,978,324

  • MEMBER PREMIUM REVENUE: The Indiana University Health System has agreements to provide medical services to subscribing participants or members that generally provide for predefined payments (on a per member, per month basis), regardless of services actually performed. The cost to provide health care services under these agreements is accrued in the period in which the health care services are provided to a member based, in part, on estimates, including an accrual for medical services provided but not yet reported.

    Expenses $515,467,039 · Revenue $568,365,041

  • SHARED SERVICES REVENUE: AS THE PARENT OF THE INDIANA UNIVERSITY HEALTH SYSTEM, IU HEALTH FACILITATES EFFORTS AND SHARED SERVICES ON BEHALF OF AND FOR THE BENEFIT OF IU Health AND ITS AFFILIATES. CERTAIN COSTS RELATED TO PROVIDING THESE SHARED SERVICES ARE ALLOCATED OUT OR CHARGED TO THE AFFILIATES. FACILITATING THESE EFFORTS AND SERVICES ALLOWS IU Health AND ITS AFFILIATES TO BETTER CARRY OUT THEIR EXEMPT FUNCTIONS BY REDUCING COSTS, HAVING STANDARDIZED PRACTICES AND PROCEDURES, AND CREATING ECONOMIES OF SCALE.

    Expenses $479,934,799 · Revenue $529,186,430

  • PHARMACY SERVICES: Our network of pharmacies offers the ease of "one-stop" shopping. With services designed to meet your needs, we will provide expert care and help patients make the best use of their medications.

    Expenses $363,401,652 · Revenue $400,694,475

  • ALL OTHER PROGRAMS, SUCH AS RENT FROM RELATED 501(c)(3) ORGANIZATIONS, INCOME FROM PASS-THROUGH ENTITIES

    Expenses $43,709,551 · Revenue $48,195,092

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Bishop Julius C Trimble

    DIRECTOR/VICE-CHAIR

    Total calculated
    $35,000
    From this org
    $35,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    6 + 1 related

  • Dennis M Murphy

    DIRECTOR/PRESIDENT & CEO

    Total calculated
    $4,982,844
    From this org
    $4,034,072
    From related orgs
    $0
    Other
    $948,772
    Hours/week
    60 + 1 related

    Schedule J breakdown matched by us

    Base
    $1,870,984
    Bonus
    $1,536,618
    Other
    $626,470
    Deferred
    $892,932
    Nontaxable benefits
    $55,840
    Filer's total
    $4,982,844

  • J Scott Davison

    BOARD CHAIR (PART YEAR) / DIRECTOR

    Total calculated
    $0
    Hours/week
    6

  • Pamela Whitten

    DIRECTOR/VICE-CHAIR

    Total calculated
    $0
    Hours/week
    6

  • Thomas V Easterday

    BOARD CHAIR (PART YEAR)/DIRECTOR

    Total calculated
    $46,750
    From this org
    $46,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • Alicia D Monroe MD

    DIRECTOR

    Total calculated
    $35,000
    From this org
    $35,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • Anne Nobles

    DIRECTOR

    Total calculated
    $37,500
    From this org
    $37,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    6 + 1 related

  • James A Davlin V

    DIRECTOR

    Total calculated
    $37,500
    From this org
    $37,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • Jay L Hess MD

    DIRECTOR

    Total calculated
    $43,500
    From this org
    $43,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    6 + 6 related

  • Kristin Mays-Corbitt

    DIRECTOR

    Total calculated
    $36,250
    From this org
    $36,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • Kyle L Grazier

    DIRECTOR

    Total calculated
    $37,500
    From this org
    $37,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • Larry H Stevens MD

    DIRECTOR

    Total calculated
    $754,779
    From this org
    $40,500
    From related orgs
    $674,581
    Other
    $39,698
    Hours/week
    6 + 49 related

    Schedule J breakdown matched by us

    Base
    $40,500 + $553,695 related
    Bonus
    $0 + $33,422 related
    Other
    $0 + $87,464 related
    Deferred
    $0 + $12,200 related
    Nontaxable benefits
    $0 + $27,498 related
    Filer's total
    $40,500 + $714,279 related

  • Maureen Bisognano

    DIRECTOR

    Total calculated
    $37,500
    From this org
    $37,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • Quinn Buckner

    DIRECTOR

    Total calculated
    $35,000
    From this org
    $35,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • Robert A Palmer

    DIRECTOR

    Total calculated
    $37,500
    From this org
    $37,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • Erin R Lewis

    SECRETARY/SVP & GEN. COUNSEL

    Total calculated
    $1,189,459
    From this org
    $1,010,980
    From related orgs
    $0
    Other
    $178,479
    Hours/week
    54 + 1 related

    Schedule J breakdown matched by us

    Base
    $746,258
    Bonus
    $258,801
    Other
    $5,921
    Deferred
    $133,635
    Nontaxable benefits
    $44,844
    Filer's total
    $1,189,459

  • Jennifer M Alvey

    TREASURER/SVP & CFO

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

    Schedule J breakdown matched by us

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

  • David A Ingram MD

    EVP & CME

    Total calculated
    $1,353,669
    From this org
    $0
    From related orgs
    $1,141,215
    Other
    $212,454
    Hours/week
    52 + 3 related

    Schedule J breakdown matched by us

    Base
    $0 + $771,222 related
    Bonus
    $0 + $364,362 related
    Other
    $0 + $5,631 related
    Deferred
    $0 + $185,454 related
    Nontaxable benefits
    $0 + $27,000 related
    Filer's total
    $0 + $1,353,669 related

  • Gil Peri

    President (Riley)

    Total calculated
    $1,190,252
    From this org
    $996,169
    From related orgs
    $0
    Other
    $194,083
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $714,985
    Bonus
    $256,894
    Other
    $24,289
    Deferred
    $136,645
    Nontaxable benefits
    $57,438
    Filer's total
    $1,190,252

  • Jason Gilbert RN

    EVP & CNE

    Total calculated
    $818,955
    From this org
    $655,316
    From related orgs
    $0
    Other
    $163,639
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $445,410
    Bonus
    $181,192
    Other
    $28,714
    Deferred
    $111,952
    Nontaxable benefits
    $51,687
    Filer's total
    $818,955

  • Michelle A Janney RN

    EVP & COO

    Total calculated
    $2,048,091
    From this org
    $1,999,181
    From related orgs
    $0
    Other
    $48,910
    Hours/week
    53 + 2 related

    Schedule J breakdown matched by us

    Base
    $1,093,187
    Bonus
    $647,531
    Other
    $258,463
    Deferred
    $12,200
    Nontaxable benefits
    $36,710
    Filer's total
    $2,048,092

  • Ryan D Nagy MD

    PRESIDENT (AAHC)

    Total calculated
    $1,153,194
    From this org
    $0
    From related orgs
    $989,720
    Other
    $163,474
    Hours/week
    54 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $707,614 related
    Bonus
    $0 + $279,668 related
    Other
    $0 + $2,439 related
    Deferred
    $0 + $142,701 related
    Nontaxable benefits
    $0 + $20,773 related
    Filer's total
    $0 + $1,153,194 related

  • Brian T Shockney

    PRESIDENT (SCR)

    Total calculated
    $1,151,849
    From this org
    $966,602
    From related orgs
    $0
    Other
    $185,247
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $623,428
    Bonus
    $317,043
    Other
    $26,131
    Deferred
    $127,403
    Nontaxable benefits
    $57,844
    Filer's total
    $1,151,850

  • Jeffrey C Bird MD

    PRESIDENT (ECR)

    Total calculated
    $1,043,278
    From this org
    $976,399
    From related orgs
    $0
    Other
    $66,879
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $548,667
    Bonus
    $239,923
    Other
    $187,809
    Deferred
    $12,200
    Nontaxable benefits
    $54,679
    Filer's total
    $1,043,278

  • Kenneth Doug Puckett

    PRESIDENT (ISR)

    Total calculated
    $1,108,568
    From this org
    $932,429
    From related orgs
    $0
    Other
    $176,139
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $578,318
    Bonus
    $252,437
    Other
    $101,674
    Deferred
    $121,102
    Nontaxable benefits
    $55,037
    Filer's total
    $1,108,568

  • Kevin R Armstrong

    Chief Mission & Values Officer

    Total calculated
    $1,261,566
    From this org
    $1,201,452
    From related orgs
    $0
    Other
    $60,114
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $410,466
    Bonus
    $233,930
    Other
    $557,055
    Deferred
    $12,200
    Nontaxable benefits
    $47,914
    Filer's total
    $1,261,566

  • Ronald L Stiver

    PRESIDENT (SHS)

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

    Schedule J breakdown matched by us

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

  • Jonathan E Gottlieb MD

    Former Key Employee

    Total calculated
    $153,699
    From this org
    $153,699
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $153,699
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $153,699

  • Paul M Calkins MD

    FORMER KEY EMPLOYEE

    Total calculated
    $610,952
    From this org
    $550,676
    From related orgs
    $0
    Other
    $60,276
    Hours/week
    25 + 30 related

    Schedule J breakdown matched by us

    Base
    $471,446
    Bonus
    $42,413
    Other
    $36,818
    Deferred
    $12,200
    Nontaxable benefits
    $48,076
    Filer's total
    $610,952

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

  • 1a · Tax indemnification and gross-up payments
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Tax indemnification and gross-up payments
Tax gross ups were provided to one director/officer, two highest compensated employees, and one former key employee listed on IU Health's Form 990. The tax gross ups were treated as taxable compensation.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
Dennis M. Murphy, Michelle A. Janney, R.N., Ronald L. Stiver, Jennifer M. Alvey, Kevin R. Armstrong, Ryan D. Nagy, M.D., Erin R. Lewis, David A. Ingram, M.D., Jason Gilbert, R.N., Brian T. Shockney, Gil Peri, Doug Puckett and Jeffrey C. Bird, M.D., participate in a supplemental executive retirement plan, provisions of which are designed to retain these 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, with the exception of Michelle A. Janney, R.N., Kevin R. Armstrong, and Jeffrey C. Bird, M.D., have 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: - Dennis M. Murphy ($592,283) - Michelle A. Janney, R.N. ($211,326) - Jennifer M. Alvey ($129,626) - Ronald L. Stiver ($370,168) - Kevin R. Armstrong ($495,046) - Doug Puckett ($60,038) - Jeffrey C. Bird ($147,927) Dennis M. Murphy has a retention agreement which was signed in 2019. The anticipated vesting and payout date of the retention bonus is 1/1/25.
Schedule J, Part I, Line 7 Non-fixed payments
AMOUNTS DISCLOSED IN COLUMN B(II) INCLUDE A LONG-TERM AND SHORT-TERM INCENTIVE FOR CERTAIN EXECUTIVES AND SHORT-TERM INCENTIVE FOR OTHER EMPLOYEES. ALTHOUGH THESE PLANS ARE BASED ON A FIXED FORMULA THAT HAS BEEN APPROVED BY THE BOARD OF DIRECTORS BASED UPON CERTAIN QUALITATIVE AND QUANTITATIVE FACTORS AND GOALS, ALL DISCRETIONARY INCENTIVE PLANS MUST BE APPROVED BY THE COMMITTEE ON Talent Management and Executive Compensation AND BOARD OF DIRECTORS PRIOR TO ANY INCENTIVE PAYOUT.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • IU HEALTH MANAGEMENT LLC

    MANAGEMENT · IN · income $6,940,125 · assets $0

    Directly controlled by IUH

  • 1402 CAPITOL PARTNERS LLC

    REAL ESTATE · IN · income $0 · assets $0

    Directly controlled by IUH

  • 1234 CAPITOL PARTNERS LLC

    REAL ESTATE · IN · income $0 · assets $0

    Directly controlled by IUH

  • Cumberland Avenue Associates LLC

    Real Estate · IN · income $0 · assets $0

    Directly controlled by IUH

  • Senate Health Plans Solutions LLC

    Administrative Services · IN · income $13,305,261 · assets $1,482,910

    Directly controlled by IUH

  • Workplace Health Services LLC

    Occ. Health Svc. Contracts · IN · income $9,360,794 · assets $1,360,657

    Directly controlled by IUH

  • Indiana University Health Urgent Care Centers LLC

    Healthcare · IN · income $11,937,491 · assets $290,828

    Directly controlled by IUH

  • INDIANA UNIVERSITY HEALTH FORT WAYNE LLC

    HEALTHCARE · IN · income $242,038 · assets $11,759,461

    Directly controlled by IUH

  • Oncology and Hematology Associates LLC

    Healthcare · IN · income $0 · assets $0

    Directly controlled by IUH

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

    Related · HEALTHCARE · IN · 51% owned · share of income $1,082,492 · share of assets $354,072 · general or managing partner

    Directly controlled by IUH

  • BSC HOLDINGS LLC

    Related · HEALTHCARE · IN · 51% owned · share of income $34,067,026 · share of assets $28,673,684 · general or managing partner

    Directly controlled by IUH

  • HEALTH VENTURE MANAGEMENT LLC

    Unrelated · MANAGEMENT · IN · 99% owned · share of income $4,621,169 · share of assets $0

    Directly controlled by IUH

  • IEC HOLDINGS LLC

    Related · HEALTHCARE · IN · 51% owned · share of income $3,616,260 · share of assets $2,380,359 · general or managing partner

    Directly controlled by IUH

  • INDIANA ENDOSCOPY CENTERS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • IU HEALTH FORT WAYNE ASC HOLDINGS LLC

    Related · HEALTHCARE · IN · 51% owned · general or managing partner

    Directly controlled by IUH

  • IUH SW FORT WAYNE ASC LLC

    Healthcare · IN

    Directly controlled by NA

  • ROC SURGERY LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • ROCS HOLDINGS LLC

    Related · HEALTHCARE · IN · 51% owned · share of income $3,279,109 · share of assets $777,398 · general or managing partner

    Directly controlled by IUH

  • SENATE ST SURGERY CENTER LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • SSSC HOLDINGS LLC

    Related · HEALTHCARE · IN · 51% owned · share of income $2,949,960 · share of assets $1,910,244 · general or managing partner

    Directly controlled by IUH

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

  • Cardiothoracic Surgeons Inc

    C Corporation · Physician Services · IN · controlled entity

    Directly controlled by NA

  • CERBERUS RESIDENTIAL OPPORT INST LTD

    C Corporation · INVESTMENTS · CJ · 71.43% owned · share of assets $246,547,701 · controlled entity

    Directly controlled by IUH

  • IU HEALTH 457(B) PLAN

    Trust · INVESTMENTS · IN · 100% owned · share of income $1,751,982 · share of assets $55,425,346 · controlled entity

    Directly controlled by IUH

  • IU HEALTH ACO INC

    C Corporation · HEALTHCARE · IN · 100% owned · share of income $2,055,776 · share of assets $11,508,831 · controlled entity

    Directly controlled by IUH

  • IU HEALTH BOARD DESIGNATED TRUST

    Trust · INVESTMENTS · IN · 100% owned · share of income $8,606,896 · share of assets $288,664,127 · controlled entity

    Directly controlled by IUH

  • IU HEALTH PLANS INC

    C Corporation · HMO · IN · 100% owned · share of income $70,072,622 · share of assets $28,061,792 · controlled entity

    Directly controlled by IUH

  • IU HEALTH RISK PURCHASING GROUP INC

    C Corporation · INSURANCE · IN · 100% owned · share of income $0 · share of assets $10,729 · controlled entity

    Directly controlled by IUH

  • IU HEALTH RISK RETENTION GROUP INC

    C Corporation · INSURANCE · SC · 98% owned · share of income $5,481,935 · share of assets $79,159,915 · controlled entity

    Directly controlled by IUH

  • IUH ASSURANCE SPC LTD

    C Corporation · INSURANCE · CJ · 100% owned · share of income $12,203,149 · share of assets $159,714,635 · controlled entity

    Directly controlled by IUH

  • Pediatric Surgical Associates Inc

    C Corporation · Physician Services · IN · controlled entity

    Directly controlled by NA

  • PROTEUO FUND LP

    C Corporation · INVESTMENTS · CJ · 100% owned · share of income $29,613,724 · share of assets $258,604,839 · controlled entity

    Directly controlled by IUH

  • University 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
15 November 2023
IRS schema version
2022v5.0
Source object
202343199349301824

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