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Nonprofiteer
← INDIANA UNIVERSITY HEALTH TIPTON HOSPITAL INC

Form 990 for tax year 2024

Filed by INDIANA UNIVERSITY HEALTH TIPTON HOSPITAL INC.

Totals

Total revenue
$49,115,212
Total expenses
$45,040,267
Contributions and grants received
$34,601
Grants paid
$0
Program service revenue
$46,301,636
Investment income
$2,777,597
Other revenue
$1,378
Total assets, end of year
$75,021,031
Total liabilities, end of year
$5,428,248
Net assets or fund balances, end of year
$69,592,783
Program services expenses (Part IX)
$43,169,736
Management and general expenses
$1,870,531
Fundraising expenses
$0
Program service expenses (Part III)
$43,169,736

Program services were 95.8% 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.

  • 1d · Related organizations

    $34,601

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

    total $45,816,048 · related or exempt $45,816,048

  • 2b · Program service revenue: Shared Services

    total $76,420 · related or exempt $76,420

  • 2c · Program service revenue: Rent from Related 501(c)(3) Orgs.

    total $41,677 · related or exempt $41,677

  • 2d · Program service revenue: Pharmacy

    total $367,491 · related or exempt $367,491

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $2,582,064 · excluded $2,582,064

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $1,529,878

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

    securities $1,334,345

  • 7c · Gain or loss

    securities $195,533 · other assets $0

  • 7d · Net gain or loss

    total $195,533 · excluded $195,533

  • 11a · Other revenue: All Other Revenue

    total $1,378 · excluded $1,378

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $1,378

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $11,794,996 · program services $11,397,278 · management and general $397,718

  • 8 · Pension plan contributions

    total $427,010 · program services $412,612 · management and general $14,398

  • 9 · Other employee benefits

    total $1,669,985 · program services $1,613,674 · management and general $56,311

  • 10 · Payroll taxes

    total $833,660 · program services $805,550 · management and general $28,110

  • 11a · Fees: management

    total $21,600 · management and general $21,600

  • 11d · Fees: lobbying

    total $2,551 · management and general $2,551

  • 11f · Fees: investment management

    total $10,308 · management and general $10,308

  • 11g · Fees: other

    total $12,998,695 · program services $12,161,109 · management and general $837,586 · fundraising $0

  • 12 · Advertising and promotion

    total $59,665 · management and general $59,665

  • 13 · Office expenses

    total $109,791 · program services $102,421 · management and general $7,370

  • 14 · Information technology

    total $116,210 · program services $58,105 · management and general $58,105

  • 16 · Occupancy

    total $2,401,624 · program services $2,401,624

  • 17 · Travel

    total $12,548 · program services $11,706 · management and general $842

  • 20 · Interest

    total $459,310 · program services $459,310

  • 22 · Depreciation, depletion and amortization

    total $1,436,775 · program services $1,369,086 · management and general $67,689

  • 23 · Insurance

    total $302,646 · management and general $302,646

  • 24a · Other expenses: Drugs and Medical Supplies

    total $8,326,284 · program services $8,326,284

  • 24b · Other expenses: Bad Debt

    total $833,533 · program services $833,533

  • 24c · Other expenses: Hospital Assessment Fee

    total $3,105,455 · program services $3,105,455

  • 24d · Other expenses: Noncapitalized Equipment

    total $94,282 · program services $89,763 · management and general $4,519

  • 24e · All other expenses

    total $23,339 · program services $22,226 · management and general $1,113 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $47,247,641 · end of year $289,180

  • 4 · Accounts receivable

    beginning of year $4,779,687 · end of year $5,202,802

  • 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

  • 8 · Inventories for sale or use

    beginning of year $1,055,755 · end of year $1,031,713

  • 9 · Prepaid expenses and deferred charges

    beginning of year $67,723 · end of year $162,385

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

    $18,670,624

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

    $14,269,773

  • 10c · Land, buildings and equipment, net

    beginning of year $5,101,607 · end of year $4,400,851

  • 11 · Investments: publicly traded securities

    beginning of year $6,526,132 · end of year $7,436,372

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $7,893,300 · end of year $7,498,635

  • 15 · Other assets

    beginning of year $14,001,753 · end of year $48,999,093

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,135,510 · end of year $3,027,721

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $11,684,681 · end of year $2,400,527

  • 27 · Net assets without donor restrictions

    beginning of year $55,851,653 · end of year $60,335,461

  • 28 · Net assets with donor restrictions

    beginning of year $14,001,754 · end of year $9,257,322

Mission and programs · 2024

Mission

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

  • IU HEALTH TIPTON HOSPITAL IS A 25-BED ACUTE-CARE AND CRITICAL ACCESS HOSPITAL THAT OFFERS A BROAD RANGE OF SERVICES TO CARE FOR ITS PATIENTS WITHOUT REGARD TO THEIR ABILITY TO PAY. IU HEALTH TIPTON HOSPITAL PROVIDES LEADING-EDGE, PATIENT-CENTERED CARE, AS WELL AS PERSONALIZED NURSING CARE, IN A WIDE RANGE OF MEDICAL SPECIALTIES TO RESIDENTS OF TIPTON COUNTY AND ITS SURROUNDING COMMUNITIES.

    Expenses $42,716,994 · Revenue $45,816,048

  • 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 $342,633 · Revenue $367,491

  • IU HEALTH TIPTON HOSPITAL, INC. RECEIVES "SHARED SERVICES" REVENUE BY SHARING/PROVIDING SERVICES WITH INDIANA UNIVERSITY HEALTH CARE ASSOCIATES, INC., INDIANA UNIVERSITY HEALTH NORTH HOSPITAL, INC., AND INDIANA UNIVERSITY HEALTH, INC.

    Expenses $71,251 · Revenue $76,420

  • IU HEALTH TIPTON HOSPITAL, INC. RECEIVES RENTAL REVENUE FROM A RELATED EXEMPT ORGANIZATION, IU HEALTH CARE ASSOCIATES, INC. FOR VARIOUS OFFICES AND CLINICS.

    Expenses $38,858 · Revenue $41,677

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Linda G Joines

    DIRECTOR / SECRETARY

    Total calculated
    $3,600
    From this org
    $0
    From related orgs
    $3,600
    Other
    $0
    Hours/week
    1

  • Steven A Wertz

    DIRECTOR / CHAIR

    Total calculated
    $3,600
    From this org
    $0
    From related orgs
    $3,600
    Other
    $0
    Hours/week
    1

  • Emily M Fitz MD

    DIRECTOR

    Total calculated
    $299,050
    From this org
    $0
    From related orgs
    $266,975
    Other
    $32,075
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $250,707 related
    Bonus
    $0 + $12,228 related
    Other
    $0 + $4,040 related
    Deferred
    $0 + $9,075 related
    Nontaxable benefits
    $0 + $23,000 related
    Filer's total
    $0 + $299,050 related

  • Joellen Scott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kathleen E Boaz

    DIRECTOR

    Total calculated
    $3,600
    From this org
    $0
    From related orgs
    $3,600
    Other
    $0
    Hours/week
    1

  • Kurt Hare

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael E Harper MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cara L Breidster

    CFO (ISR)

    Total calculated
    $417,731
    From this org
    $0
    From related orgs
    $351,618
    Other
    $66,113
    Hours/week
    10 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $309,988 related
    Bonus
    $0 + $39,308 related
    Other
    $0 + $2,322 related
    Deferred
    $0 + $12,104 related
    Nontaxable benefits
    $0 + $54,009 related
    Filer's total
    $0 + $417,731 related

  • Kenneth D Puckett

    Director / PRESIDENT (ISR)

    Total calculated
    $1,194,795
    From this org
    $0
    From related orgs
    $1,000,489
    Other
    $194,306
    Hours/week
    10 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $631,564 related
    Bonus
    $0 + $258,569 related
    Other
    $0 + $110,356 related
    Deferred
    $0 + $128,220 related
    Nontaxable benefits
    $0 + $66,086 related
    Filer's total
    $0 + $1,194,795 related

  • Athanasia S Banich

    VP, COO (ISR)

    Total calculated
    $403,021
    From this org
    $0
    From related orgs
    $347,418
    Other
    $55,603
    Hours/week
    15 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $311,943 related
    Bonus
    $0 + $34,935 related
    Other
    $0 + $540 related
    Deferred
    $0 + $12,700 related
    Nontaxable benefits
    $0 + $42,903 related
    Filer's total
    $0 + $403,021 related

  • Carrie Wing

    VP-CNO (ISR)

    Total calculated
    $318,995
    From this org
    $0
    From related orgs
    $283,501
    Other
    $35,494
    Hours/week
    10 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $242,073 related
    Bonus
    $0 + $40,250 related
    Other
    $0 + $1,178 related
    Deferred
    $0 + $11,456 related
    Nontaxable benefits
    $0 + $24,038 related
    Filer's total
    $0 + $318,995 related

  • Harpreetinder Singh MD

    REGIONAL CMO (ISR)

    Total calculated
    $557,491
    From this org
    $0
    From related orgs
    $483,240
    Other
    $74,251
    Hours/week
    10 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $427,677 related
    Bonus
    $0 + $51,321 related
    Other
    $0 + $4,242 related
    Deferred
    $0 + $13,800 related
    Nontaxable benefits
    $0 + $60,451 related
    Filer's total
    $0 + $557,491 related

  • Tamarah D Brownlee

    REGIONAL VP-HR (ISR)

    Total calculated
    $332,810
    From this org
    $0
    From related orgs
    $285,807
    Other
    $47,003
    Hours/week
    10 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $254,100 related
    Bonus
    $0 + $30,897 related
    Other
    $0 + $810 related
    Deferred
    $0 + $11,661 related
    Nontaxable benefits
    $0 + $35,342 related
    Filer's total
    $0 + $332,810 related

  • Angela K Morgan

    MANAGER - PHARMACY DEPT.

    Total calculated
    $212,803
    From this org
    $169,852
    From related orgs
    $0
    Other
    $42,951
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $162,077
    Bonus
    $7,259
    Other
    $516
    Deferred
    $7,059
    Nontaxable benefits
    $35,892
    Filer's total
    $212,803

  • Liesel J Delamater

    COO/CNO Tipton

    Total calculated
    $260,520
    From this org
    $205,777
    From related orgs
    $0
    Other
    $54,743
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $181,689
    Bonus
    $23,689
    Other
    $399
    Deferred
    $8,556
    Nontaxable benefits
    $46,187
    Filer's total
    $260,520

  • Patricia A Harris

    DIRECTOR-CLINICAL OPERATIONS

    Total calculated
    $158,980
    From this org
    $144,147
    From related orgs
    $0
    Other
    $14,833
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $133,597
    Bonus
    $9,419
    Other
    $1,131
    Deferred
    $5,719
    Nontaxable benefits
    $9,114
    Filer's total
    $158,980

  • Sarah F Burks

    Manager-Rehabilitation Services

    Total calculated
    $145,296
    From this org
    $134,088
    From related orgs
    $0
    Other
    $11,208
    Hours/week
    50

  • Steven J Snell

    Pharmacist

    Total calculated
    $180,681
    From this org
    $155,905
    From related orgs
    $0
    Other
    $24,776
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $148,324
    Bonus
    $6,057
    Other
    $1,524
    Deferred
    $6,178
    Nontaxable benefits
    $18,598
    Filer's total
    $180,681

  • Arthur Vasquez

    FORMER KEY EMPLOYEE

    Total calculated
    $1,018,917
    From this org
    $0
    From related orgs
    $848,653
    Other
    $170,264
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $591,884 related
    Bonus
    $0 + $254,900 related
    Other
    $0 + $1,869 related
    Deferred
    $0 + $116,832 related
    Nontaxable benefits
    $0 + $53,432 related
    Filer's total
    $0 + $1,018,917 related

  • Melissa R Hicks

    Former Highest Compensated Employee

    Total calculated
    $322,319
    From this org
    $0
    From related orgs
    $275,836
    Other
    $46,483
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $243,839 related
    Bonus
    $0 + $31,515 related
    Other
    $0 + $482 related
    Deferred
    $0 + $11,225 related
    Nontaxable benefits
    $0 + $35,258 related
    Filer's total
    $0 + $322,319 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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 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 3 Arrangement used to establish the top management official's compensation
IU HEALTH TIPTON HOSPITAL'S REGIONAL PRESIDENT IS EMPLOYED BY IU HEALTH. IU HEALTH, IU HEALTH NORTH, IU HEALTH TIPTON, AND OTHER RELATED ENTITIES HAVE A PROCESS IN PLACE TO DETERMINE THE COMPENSATION FOR THE OTHER OFFICERS AND KEY EMPLOYEES. IU HEALTH HUMAN RESOURCES USES MARKET DATA FROM MULTIPLE COMPENSATION EXPERTS/VENDORS WHO UTILIZE A VARIETY OF METHODS AND PROCEDURES TO OBTAIN COMPENSATION RANGES FOR COMPARABLE OFFICER AND EMPLOYEE POSITIONS. THIS MARKET DATA AND MULTIPLE OTHER FACTORS (INCLUDING MARKET PAY BENCHMARKS, INTERNAL EQUITY, CANDIDATE/EMPLOYEE QUALIFICATIONS & PERFORMANCE, AND BUSINESS NEEDS) ARE USED TO RECOMMEND COMPENSATION RANGES FOR ITS OFFICERS AND OTHER EMPLOYEES, WHICH ARE THEN USED AS A GUIDE FOR SETTING REASONABLE COMPENSATION BY MANAGEMENT. PLEASE SEE SCHEDULE O FOR ADDITIONAL DETAILS.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
KENNETH D. PUCKETT AND ARTHUR VASQUEZ PARTICIPATE IN AN IU HEALTH SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN, PROVISIONS OF WHICH ARE DESIGNED TO RETAIN THESE CRITICAL EMPLOYEES. THE PLAN PROVIDES FOR AN ADDITIONAL RETIREMENT BENEFIT FOR SERVICES THROUGH NORMAL RETIREMENT OR OTHER KEY DATES. IF THIS EXECUTIVE LEAVES PRIOR TO RETIREMENT OR OTHER KEY DATES, THAT BENEFIT MAY BE FORFITED OR REDUCED. THE EXECUTIVES LISTED ABOVE HAVE AN AMOUNT INCLUDED IN COLUMN C, DEFERRED COMPENSATION, REPRESENTING THE CURRENT YEAR UNVESTED CONTRIBUTIONS MADE UNDER THE SUPPLEMENTAL RETIREMENT PLAN. THESE AMOUNTS WERE NOT PAID TO THESE EXECUTIVES DURING THE YEAR. THE FOLLOWING EXECUTIVE HAS AN AMOUNT INCLUDED IN COLUMN B (III), OTHER REPORTABLE COMPENSATION, REPRESENTING THE CURRENT YEAR VESTED AMOUNTS RECEIVED UNDER THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN: - KENNETH D. PUCKETT: $100,855
Schedule J, Part I, Line 7 Non-fixed payments
Amounts disclosed in Column B (ii) include a long-term for certain executives. 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 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

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

  • 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.

  • 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

  • BMH MEDICAL PAVILION ASSOCIATION INC

    C Corporation · CONDO MANAGEMENT · IN · 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
2024
Filed
13 November 2025
IRS schema version
2024v5.1
Source object
202523179349308552

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