Indiana University Health Blackford Hospital Inc
- Assets
- $16.3m
- Revenue
- $19.9m
- Investments
- $0.0
- Employees
- 168
- Location
- Indianapolis, IN
- Founding
- 09/2002
- Data as of
- 12/2020
- EIN
- 01-0646166
Organization Overview
Indiana University Health Blackford Hospital Inc is located in Indianapolis, IN. The organization was established in 2002. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Indiana University Health Blackford Hospital Inc employed 168 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana University Health Blackford Hospital Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Indiana University Health Blackford Hospital Inc generated $19.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $21.3m during the year ending 12/2020. While expenses have increased by 5.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
LEAD THE TRANSFORMATION OF HEALTHCARE THROUGH QUALITY, INNOVATION & EDUCATION, AND MAKE INDIANA ONE OF THE NATION'S HEALTHIEST STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IU HEALTH BLACKFORD HOSPITAL IS A 15-BED CRITICAL ACCESS HOSPITAL THAT OFFERS A BROAD RANGE OF SERVICES TO CARE FOR ITS PATIENTS WITHOUT REGARD TO THEIR ABILITY TO PAY. IU HEALTH BLACKFORD HOSPITAL FEATURES ALL PRIVATE ROOMS, A SPECIALTY CLINIC, CARDIAC AND PULMONARY REHABILITATION, OUTPATIENT SURGICAL SERVICES AND DIAGNOSTIC IMAGING. IN ADDITION TO PROVIDING 24 HOUR EMERGENCY SERVICES, THE HOSPITAL HOSTS A PARAMEDIC-LEVEL AMBULANCE SERVICE.
AS OF DECEMBER 31, 2021, INDIANA UNIVERSITY HEALTH BLACKFORD HOSPITAL, INC. RECEIVED STIMULUS FUNDS FROM THE PROVIDER RELIEF FUND UNDER THE PROVISIONS OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT) AND PAYCHECK PROTECTION PROGRAM AND HEALTH CARE ENHANCEMENT ACT. INDIANA UNIVERSITY HEALTH BLACKFORD HOSPITAL RECOGNIZED $4,280,702 AS OTHER PROGRAM SERVICE REVENUE. INDIANA UNIVERSITY HEALTH BLACKFORD HOSPITAL, INC. WILL CONTINUE TO MONITOR COMPLIANCE WITH THE TERMS AND CONDITIONS OF THE PROVIDER RELIEF FUND.
INDIANA UNIVERSITY HEALTH BLACKFORD HOSPITAL, INC. LEASES PHYSICIAN AND CLINIC SPACE TO RELATED TAX-EXEMPT ORGANIZATIONS. IU HEALTH BLACKFORD RECEIVES REVENUE FROM A RELATED 501(C)(3) ENTITY FOR SHARED SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Highest Compensated Employee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Elmer Toliver Psc Medical | 12/30/18 | $661,481 |
Alliance Healthcare Services Medical | 12/30/18 | $120,300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $13,831 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,831 |
| Total Program Service Revenue | $19,738,983 |
| Investment income | $57,498 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,100 |
| Net Gain/Loss on Asset Sales | $11,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,874,944 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,829,244 |
| Pension plan accruals and contributions | $167,714 |
| Other employee benefits | $842,524 |
| Payroll taxes | $363,594 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $1,891 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,165,949 |
| Advertising and promotion | $1,944 |
| Office expenses | $45,697 |
| Information technology | $23,293 |
| Royalties | $0 |
| Occupancy | $524,253 |
| Travel | $2,471 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $746,212 |
| Insurance | $121,315 |
| All other expenses | $54,736 |
| Total functional expenses | $21,282,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,243,451 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $307,281 |
| Prepaid expenses and deferred charges | $50,102 |
| Net Land, buildings, and equipment | $6,602,634 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,142,025 |
| Total assets | $16,345,493 |
| Accounts payable and accrued expenses | $6,835,024 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,461,460 |
| Total liabilities | $8,296,484 |
| Net assets without donor restrictions | $8,049,009 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,345,493 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Indiana University Health Blackford Hospital Inc has recieved totaling $22,456.
| Awarding Organization | Amount |
|---|---|
Indiana University Health Foundation Inc Indianapolis, IN PURPOSE: HOSPITAL PROGRAMS SUPPORT | $13,831 |
Indiana University Health Ball Memorial Hospital Foundation Inc HOSPITAL FOUNDATION INC Indianapolis, IN PURPOSE: Grants and other assistance made to Indiana University Health Blackford Hospital were used to support patient programs, the purchase of medical equipment, and other donor designated purposes. | $8,625 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Francis Hospital Sisters Of The Third Order Of St Francis Litchfield, IL | $115,024,581 | $58,904,775 |
Harrisburg Medical Center Inc Harrisburg, IL | $43,345,882 | $39,197,825 |
Owensboro Health Twin Lakes Regional Medical Center Inc Owensboro, KY | $55,501,629 | $56,278,932 |
Pekin Memorial Hospital Pekin, IL | $70,050,108 | $60,677,158 |
Ascension Borgess Allegan Hospital St Louis, MO | $32,866,970 | $39,637,859 |
Northwest Memorial Healthcare Chicago, IL | $87,933,488 | $39,660,179 |
Cox-Monett Hospital Inc Monett, MO | $76,112,407 | $40,685,063 |
South Shore Hospital Corporation Chicago, IL | $16,996,532 | $44,544,665 |
Stoughton Hospital Association Stoughton, WI | $89,267,867 | $58,913,821 |
Rochelle Community Hospital Association Rochelle, IL | $69,512,926 | $53,740,580 |
The Howard Young Medical Center Inc Wausau, WI | $105,216,633 | $31,671,206 |
Waupun Memorial Hospital Waupun, WI | $81,200,383 | $57,190,057 |