Indiana Regional Medical Center
81% goes to programs $0 to raise $100 Strong reserves Growing revenue
Indiana Regional Medical Center is a 501(c)(3) organization based in Indiana, Pennsylvania, registered in 2022, with $235,244,815 in FY2023 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
835 Hospital Rd, Indiana, PA, 15701 EIN 25-0965404 Since 2022
Revenue (FY2023)
$235.2M
▲ 7.9% vs prior year
Health median: $840K
Expenses (FY2023)
$218.3M
Net assets
$144.8M
Employees
1,258
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating81% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Indiana Regional Medical Center: 81% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Indiana Regional Medical Center: 8 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Indiana Regional Medical Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Indiana Regional Medical Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To serve the healthcare needs of every life we touch with compassion, respect, and dignity.
Contact & location
- Address
- 835 Hospital Rd, Indiana, PA, 15701
- City
- Indiana
- State
- Pennsylvania
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $151.2M (FY2013) to $235.2M (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $119.6MNet assets $144.8M
Operating margin
7.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$264.5M
Total liabilities
$119.6M
Net assets
$144.8M
Salaries & benefits
$92.2M
42% of expenses
Board members
12
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $235,244,815▲7.9% | $218,311,917▲7.7% | $144,825,122▲3.5% | $264,471,539▲3.3% | 990 |
| 2022 | $217,990,534▲21.4% | $202,771,331▲24.6% | $139,927,165▼3.3% | $256,016,534▼8.2% | 990 |
| 2021 | $179,628,883▲4.7% | $162,673,515▼1.2% | $144,772,453▲9.1% | $279,036,107▲14.7% | 990 |
| 2017 | $171,485,617▲2.8% | $164,649,135▲6.2% | $132,680,494▼2.3% | $243,310,153▼1.4% | 990 |
| 2016 | $166,856,712▲10.4% | $155,002,143▲7.5% | $135,745,032▲20.1% | $246,705,223▲3.0% | 990 |
| 2015 | $151,149,932▼2.4% | $144,233,247▼3.1% | $113,071,847▼18.2% | $239,409,301▼2.0% | 990 |
| 2014 | $154,922,301▲2.5% | $148,888,518▼0.1% | $138,233,413▼3.7% | $244,186,137▼0.9% | 990 |
| 2013 | $151,153,430 | $149,017,486▲8.7% | $143,530,944▲13.4% | $246,491,050▲24.9% | 990 |
| 2012 | — | $137,075,245▲1.4% | $126,588,711▲11.6% | $197,378,362▼1.3% | 990 |
| 2011 | — | $135,237,347▼0.3% | $113,463,831▼5.2% | $199,971,534▲5.4% | 990 |
| 2010 | — | $135,685,502▲3.5% | $119,707,197▲16.7% | $189,712,799▲8.1% | 990 |
| 2009 | — | $131,063,520 | $102,549,515 | $175,520,117 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Stephen A Wolfe — $886,903 (0.41% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stephen A Wolfe | President & Ceo | 34 | $886,903 |
| Adeniran Haastrup Md | Physician | 40 | $536,525 |
| Tolutope Ozah Md | Physician | 40 | $491,120 |
| Kyung Park Md | Physician | 40 | $486,624 |
| Benjamin L Park Do | Physician | 40 | $478,055 |
| Richard Neff Md | Chief Medical Officer | 34 | $408,622 |
| Jason Rasefske Md | Physician | 40 | $384,973 |
| Robert A Gongaware | Chief Financial Officer | 34 | $312,538 |
| Mark Volovic | Chief Information Officer | 34 | $293,309 |
| James Kinneer | Chief Human Resource Officer | 20 | $247,459 |
| Wendy Haislip | Chief Nursing Officer | 34 | $243,753 |
| Brett Braun | Chief Operating Officer | 34 | $234,186 |
| Michael F Ickowski | Chief Financial Officer | 34 | $193,547 |
| Russell A Drozdiak Md | Board Member | 40 | $166,992 |
| Christina B Lubold Md | Board Member | 5 | $37,920 |
| Becky Stapleton | Treasurer | 1 | — |
| Frank Roberts | Secretary | 1 | — |
| Hilliary Creely | Board Member | 1 | — |
| James R Martin | Board Member | 1 | — |
| Laurie A Kuzneski | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Ahn Hospitalist Group Ltd | Hospitalists | $1,592,027 |
| Mayo Collaborative Services Inc | Reference Lab Services | $1,006,317 |
| Lga Partners | Consultation Services | $776,685 |
| Baker Tilly Us LLP | Consultation Services | $700,025 |
| Icon Medical Network | Consultation Services | $645,161 |
Grants received · $14K total
2 grants to Indiana Regional Medical Center totaling $14K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Health | 2021 | $7,500 |
| Donor Advised Charitable Giving | Health | 2019 | $6,500 |
Grants made · $5.6M in FY2014
1 grant totaling $5.6M in FY2014. All grants made by Indiana Regional Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Indiana Healthcare Physician Services Inc | Related party assistance | $5,563,752 |
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Compare Indiana Regional Medical Center
Frequently asked questions
- Is Indiana Regional Medical Center a legitimate nonprofit?
- Yes. Indiana Regional Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 25-0965404, based in Indiana, Pennsylvania. Donations are tax-deductible.
- What is Indiana Regional Medical Center's EIN?
- Indiana Regional Medical Center's Employer Identification Number (EIN) is 25-0965404.
- How much revenue does Indiana Regional Medical Center report?
- Indiana Regional Medical Center reported $235,244,815 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Indiana Regional Medical Center's spending goes to programs?
- Indiana Regional Medical Center spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Indiana Regional Medical Center have?
- CharityIndex grades Indiana Regional Medical Center A, based on program efficiency and fundraising cost.
- How much does Indiana Regional Medical Center's highest-paid employee make?
- The highest reported compensation on Indiana Regional Medical Center's latest Form 990 is $886,903, paid to Stephen A Wolfe (President & Ceo).
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Data for Indiana Regional Medical Center (EIN 25-0965404) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.