Indiana University Health North Hospital Inc
- Assets
- $638.9m
- Revenue
- $390.2m
- Investments
- $0.0
- Employees
- 1,600
- Location
- Indianapolis, IN
- Founding
- 07/1995
- Data as of
- 12/2021
- EIN
- 35-1932442
Organization Overview
Indiana University Health North Hospital Inc is located in Indianapolis, IN. The organization was established in 1995. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 12/2022, Indiana University Health North Hospital Inc employed 1,600 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana University Health North 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 North Hospital Inc generated $390.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $276.7m during the year ending 12/2021. While expenses have increased by 6.4% 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.
Since 2020, Indiana University Health North Hospital Inc has awarded 12 individual grants totaling $508,000. 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
990
Mission & Program ActivityExcerpts From the 990 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:
Part 3 - Line 4a
IU HEALTH NORTH HOSPITAL PROVIDES LEADING FAMILY-CENTERED CARE TO CARMEL AND HAMILTON COUNTY RESIDENTS. AS A FULL-SERVICE HOSPITAL FOR ADULTS AND CHILDREN WITH AN ATTACHED MEDICAL OFFICE BUILDING, IU HEALTH NORTH HOSPITAL BRINGS TOGETHER PHYSICIAN OFFICES, INPATIENT BEDS AND OPERATING ROOMS IN A STATE-OF-THE-ART FACILITY WHERE COMPASSIONATE CAREGIVERS PROVIDE SUPERIOR PATIENT TREATMENT. ALL PATIENT ROOMS ARE PRIVATE TO OPTIMIZE COMFORT FOR EACH INDIVIDUAL AND THEIR FAMILY, AND OUR WEALTH OF SERVICES FOR ADULTS AND CHILDREN RANGES FROM CARDIOVASCULAR AND ORTHOPEDIC CARE TO MATERNITY AND CANCER CARE. IN JANUARY 2020, THE IU HEALTH JOE & SHELLY SCHWARZ CANCER CENTER, AN 88,000 SQUARE FOOT, TWO-STORY FACILITY, OPENED ON THE SOUTH SIDE OF THE IU HEALTH NORTH CAMPUS. THE $55-MILLION INVESTMENT BRINGS TOGETHER, ALL UNDER ONE ROOF, CANCER SERVICES INCLUDING RADIATION ONCOLOGY, HEMATOLOGY-ONCOLOGY, PHARMACY, LABORATORY AND PATIENT NAVIGATION TO SURROUND PATIENTS AND THEIR LOVED ONES WITH THE CARE AND SUPPORT THEY NEED. AS PART OF OUR COMMITMENT TO FOSTERING THE HEALTH OF OUR COMMUNITIES, WE ARE PROUD TO ALSO OFFER THE PEACE OF MIND THAT COMES WITH THE SERVICE AND SUPPORT OF RILEY HOSPITAL FOR CHILDREN AT IU HEALTH'S NATIONALLY-RECOGNIZED PROGRAMS.
IU HEALTH NORTH HOSPITAL PROVIDES SERVICES, WHICH INCLUDE COORDINATED ACTIVITIES AND POLICES, TO RELATED TAX-EXEMPT ORGANIZATIONS DESIGNED TO MEET THE MISSION OF THE INDIANA UNIVERSITY HEALTH SYSTEM.
IU HEALTH NORTH HOSPITAL LEASES PHYSICIAN OFFICE AND CLINIC SPACE TO TAX-EXEMPT RELATED 501(C)(3) ORGANIZATIONS.
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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 / Regional President (isr) | OfficerTrustee | 33 | $0 |
Name Not Listed Director/chair | OfficerTrustee | 2 | $0 |
Name Not Listed Director/vice Chair (part Year) | OfficerTrustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Messer Construction Co Construction | 12/30/20 | $5,266,251 |
Trimedx Llc Clinical Engineering | 12/30/20 | $2,432,651 |
Baumgartner & Company Asphalt Construction | 12/30/20 | $1,099,792 |
Sodexo Inc & Affiliates Facilities | 12/30/20 | $924,650 |
Anesthesia Consultants Of Indpls Medical | 12/30/20 | $809,883 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $503,266 |
| Investment income | -$294,057 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $563,862 |
| Net Gain/Loss on Asset Sales | $69,337 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $390,219,781 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $77,859,874 |
| Pension plan accruals and contributions | $2,580,332 |
| Other employee benefits | $9,774,271 |
| Payroll taxes | $5,126,148 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $7,626 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,590,550 |
| Advertising and promotion | $201,052 |
| Office expenses | $604,152 |
| Information technology | $410,034 |
| Royalties | $0 |
| Occupancy | $7,329,973 |
| Travel | $10,820 |
| 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 | $15,418,384 |
| Insurance | $1,418,269 |
| All other expenses | $0 |
| Total functional expenses | $276,727,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $395,675,404 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $48,379,369 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,050,068 |
| Prepaid expenses and deferred charges | $816,187 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,245,930 |
| Total assets | $638,897,232 |
| Accounts payable and accrued expenses | $20,094,482 |
| 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 | $13,584,752 |
| Total liabilities | $33,679,234 |
| Net assets without donor restrictions | $605,217,998 |
| 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 |
| Total liabilities and net assets/fund balances | $605,217,998 |
Grants Awarded
Over the last fiscal year, Indiana University Health North Hospital Inc has awarded $405,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TIPTON COUNTY FOUNDATION PURPOSE: Community support | $50,000 |
HAMILTON COUNTY COMMUNITY FOUNDATION PURPOSE: Community support | $200,000 |
HENDRICKS COUNTY COMMUNITY FOUNDATION PURPOSE: Community support | $155,000 |