Indiana University Health Ball Memorial Hospital Inc
- Assets
- $680.1m
- Revenue
- $551.9m
- Investments
- $0.0
- Employees
- 3,131
- Location
- Indianapolis, IN
- Founding
- 08/1948
- Data as of
- 12/2021
- EIN
- 35-0867958
Organization Overview
Indiana University Health Ball Memorial Hospital Inc is located in Indianapolis, IN. The organization was established in 1948. 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 12/2023, Indiana University Health Ball Memorial Hospital Inc employed 3,131 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana University Health Ball Memorial 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 12/2021, Indiana University Health Ball Memorial Hospital Inc generated $551.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $480.0m during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 7 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.
Since 2016, Indiana University Health Ball Memorial Hospital Inc has awarded 40 individual grants totaling $5,609,924. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
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:
INDIANA UNIVERSITY HEALTH BALL MEMORIAL HOSPITAL IS A 379 BED ACUTE CARE HOSPITAL, WHICH OPERATES AS A REGIONAL REFERRAL CENTER AND TEACHING HOSPITAL, LOCATED IN MUNCIE, INDIANA.
OUR NETWORK OF PHARMACIES OFFERS THE CONVENIENCE 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.
IU HEALTH BALL MEMORIAL HOSPITAL, INC. PROVIDES SERVICES, WHICH INCLUDE COORDINATED ACTIVITIES AND POLICES, TO RELATED TAX-EXEMPT ORGANIZATIONS DESIGNED TO MEET THE MISSION OF THE INDIANA UNIVERSITY HEALTH SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director/vice Chair (part Year) | OfficerTrustee | 2 | $0 |
Name Not Listed Director/secretary/treas | OfficerTrustee | 2 | $0 |
Name Not Listed Director/regional President (ecr) | OfficerTrustee | 35 | $0 |
Name Not Listed Director/chair | OfficerTrustee | 2 | $0 |
Name Not Listed Director/vice Chair | OfficerTrustee | 25 | $455,476 |
Name Not Listed Director/vice Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hagerman Incharmon Const Joint Venture Construction | 12/30/20 | $13,564,106 |
Meridian Health Services Mgmt/leased Emp | 12/30/20 | $1,667,023 |
Medefis Staffing | 12/30/20 | $2,198,510 |
Dhp Management Services Mgmt/leased Emp | 12/30/20 | $1,354,691 |
United Hospital Services Llc Laundry Services | 12/30/20 | $1,297,552 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $8,235,633 |
| Government grants | $104,487 |
| 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 | $8,340,120 |
| Total Program Service Revenue | $538,234,243 |
| Investment income | $212,902 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,230,307 |
| Net Gain/Loss on Asset Sales | $1,094,328 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $551,913,013 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $79,117 |
| 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. | $1,568,108 |
| Compensation of current officers, directors, key employees. | $208,155 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $149,584,606 |
| Pension plan accruals and contributions | $5,129,589 |
| Other employee benefits | $20,987,189 |
| Payroll taxes | $10,259,927 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $13,183 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,650 |
| Fees for services: Other | $115,150,125 |
| Advertising and promotion | $1,145,310 |
| Office expenses | $1,535,234 |
| Information technology | $647,554 |
| Royalties | $0 |
| Occupancy | $10,472,688 |
| Travel | $66,292 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $120 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,994,078 |
| Insurance | $2,764,293 |
| All other expenses | $1,662,637 |
| Total functional expenses | $480,008,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $354,996,941 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,147,566 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $110,500 |
| Inventories for sale or use | $13,932,682 |
| Prepaid expenses and deferred charges | $1,806,170 |
| Net Land, buildings, and equipment | $210,873,098 |
| Investments—publicly traded securities | $21,378,281 |
| Investments—other securities | $0 |
| Investments—program-related | $3,112,923 |
| Intangible assets | $40,008 |
| Other assets | $9,710,933 |
| Total assets | $680,109,102 |
| Accounts payable and accrued expenses | $30,346,166 |
| Grants payable | $0 |
| Deferred revenue | $30,830 |
| 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 | $55,291,880 |
| Total liabilities | $85,668,876 |
| Net assets without donor restrictions | $594,440,226 |
| 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 | $680,109,102 |
Grants Awarded
Over the last fiscal year, Indiana University Health Ball Memorial Hospital Inc has awarded $78,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GREATER MUNCIE IN HABITAT FOR HUMANITY PURPOSE: General Support | $50,000 |
ROSS COMMUNITY CENTER PURPOSE: General Support | $28,000 |