Indiana University Health Ball Memorial Hospital Inc
96% goes to programs $0 to raise $100 Strong reserves
Indiana University Health Ball Memorial Hospital Inc is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 1948, with $581,000,304 in FY2024 revenue. CharityIndex grades it A+, and it directs about 96% of spending to programs.
950 N Meridian St Ste 1200, Indianapolis, IN, 46204 EIN 35-0867958 Since 1948
Revenue (FY2024)
$581.0M
▼ 3.9% vs prior year
Health median: $840K
Expenses (FY2024)
$556.0M
Net assets
$703.6M
Employees
3,174
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating96% 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 University Health Ball Memorial Hospital Inc: 96% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +4% 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 University Health Ball Memorial Hospital Inc: 15 mo reserves · +4% 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 University Health Ball Memorial Hospital Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 University Health Ball Memorial Hospital Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Lead the transformation of healthcare through quality, innovation & education, and make indiana one of the nation's healthiest states.
What they do
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.
Rent from related 501(c)(3) organizations
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.
Contact & location
- Address
- 950 N Meridian St Ste 1200, Indianapolis, IN, 46204
- City
- Indianapolis
- State
- Indiana
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $370.9M (FY2013) to $581.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $28.3MNet assets $703.6M
Operating margin
4.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$731.9M
Total liabilities
$28.3M
Net assets
$703.6M
Salaries & benefits
$200.8M
36% of expenses
Board members
16
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $581,000,304▼3.9% | $556,049,657▲1.9% | $703,555,382▲3.9% | $731,859,222▲0.2% | 990 |
| 2023 | $604,642,438▲8.7% | $545,895,599▲2.7% | $677,279,517▲9.8% | $730,245,191▲7.1% | 990 |
| 2022 | $556,082,719▲0.8% | $531,502,585▲10.7% | $617,015,530▲3.8% | $681,538,095▲0.2% | 990 |
| 2021 | $551,913,013▲9.0% | $480,008,999▲7.4% | $594,440,226▲14.0% | $680,109,102▲8.8% | 990 |
| 2020 | $506,515,223▲0.9% | $446,755,973▲5.0% | $521,326,479▲5.2% | $625,091,620▲1.6% | 990 |
| 2019 | $501,990,792▲6.2% | $425,439,716▲3.4% | $495,605,761▲13.0% | $615,068,428▲12.9% | 990 |
| 2018 | $472,771,599▲6.8% | $411,632,529▲9.0% | $438,656,786▲32.4% | $544,825,909▲20.4% | 990 |
| 2017 | $442,505,715▲5.8% | $377,598,652▲4.7% | $331,398,421▲9.0% | $452,641,515▼3.4% | 990 |
| 2016 | $418,170,269▼0.8% | $360,725,060▲12.3% | $304,079,204▲11.2% | $468,426,481▲4.5% | 990 |
| 2015 | $421,659,848▼1.2% | $321,309,172▼1.5% | $273,407,894▲38.6% | $448,332,576▲17.6% | 990 |
| 2014 | $426,779,301▲15.1% | $326,075,805▼1.0% | $197,196,918▲30.4% | $381,128,772▲31.6% | 990 |
| 2013 | $370,870,764 | $329,265,691▼10.3% | $151,244,650▲68.5% | $289,690,398▼5.1% | 990 |
| 2012 | — | $367,270,154▲9.5% | $89,760,443▼4.0% | $305,190,165▲1.4% | 990 |
| 2011 | — | $335,312,509▲9.1% | $93,492,684▲1.1% | $301,045,326▲1.6% | 990 |
| 2010 | — | $307,277,520 | $92,451,447 | $296,215,938 | 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 (FY2024)
Highest-paid: Peter M Voss Md — $493,143 (0.09% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Peter M Voss Md | Director/vice Chair | 25 | $493,143 |
| Ryan M Johnston Md | Vp & Cmo (ecr) | 10 | $446,201 |
| Christopher Gamble Md | Associate Cmo | 55 | $371,637 |
| Kreigh Cook | Coo (ecr) | 10 | $307,676 |
| Melissa R Hicks | Vp & Cno (ecr) | 10 | $275,836 |
| Alvis Foster | Physicist-radiation Medicine | 55 | $253,549 |
| Rebecca A Clark | Vp & Cno | 50 | $246,766 |
| Joseph Butts | Radiation Physicist | 55 | $244,865 |
| Julie M Painter | Physical Therapist | 55 | $232,130 |
| Brian Reed | Vp-human Resources (ecr) | 20 | — |
| Charles R Routh Md | Director | 2 | — |
| Daniel E Borgenheimer | Director/chair | 2 | — |
| David A Schwartz | Former Highest Compensated Employee | 0 | — |
| Dea Bell | Director | 2 | — |
| Derron L Bishop Phd | Director | 2 | — |
| Donald J Engel | Director (part Year) | 2 | — |
| Geoffrey S Mearns | Director | 2 | — |
| Jeffrey C Bird Md | Director/president (ecr) | 35 | — |
| Joan V Castor | Director | 2 | — |
| Jonathan W Vanator | Cfo (ecr) (part Year) | 33 | — |
Top vendors & contractors (FY2020)
| Contractor | Services | Paid |
|---|---|---|
| Hagerman Incharmon Const Joint Venture | Construction | $13,564,106 |
| Medefis | Staffing | $2,198,510 |
| Meridian Health Services | Mgmt/leased Emp | $1,667,023 |
| Dhp Management Services | Mgmt/leased Emp | $1,354,691 |
| United Hospital Services LLC | Laundry Services | $1,297,552 |
Grants received · $72K total
5 grants to Indiana University Health Ball Memorial Hospital Inc totaling $72K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $10,000 |
| American Cancer Society Inc | Patient support | 2024 | $10,000 |
| American Psychological Association | See part iv | 2017 | $16,000 |
| March of Dimes Inc | Pub & prof education | 2015 | $24,865 |
| Mayo Clinic | Support research program | 2014 | $10,794 |
Grants made · $805K in FY2024
2 grants totaling $805K in FY2024. All grants made by Indiana University Health Ball Memorial Hospital Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Whitely Neighborhood Council Inc | Community benefit | $700,000 |
| Marian University | Community benefit | $105,128 |
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Compare Indiana University Health Ball Memorial Hospital Inc
Frequently asked questions
- Is Indiana University Health Ball Memorial Hospital Inc a legitimate nonprofit?
- Yes. Indiana University Health Ball Memorial Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-0867958, based in Indianapolis, Indiana. Donations are tax-deductible.
- What is Indiana University Health Ball Memorial Hospital Inc's EIN?
- Indiana University Health Ball Memorial Hospital Inc's Employer Identification Number (EIN) is 35-0867958.
- How much revenue does Indiana University Health Ball Memorial Hospital Inc report?
- Indiana University Health Ball Memorial Hospital Inc reported $581,000,304 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Indiana University Health Ball Memorial Hospital Inc's spending goes to programs?
- Indiana University Health Ball Memorial Hospital Inc spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Indiana University Health Ball Memorial Hospital Inc have?
- CharityIndex grades Indiana University Health Ball Memorial Hospital Inc A+, based on program efficiency and fundraising cost.
- How much does Indiana University Health Ball Memorial Hospital Inc's highest-paid employee make?
- The highest reported compensation on Indiana University Health Ball Memorial Hospital Inc's latest Form 990 is $493,143, paid to Peter M Voss Md (Director/vice Chair).
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Data for Indiana University Health Ball Memorial Hospital Inc (EIN 35-0867958) 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.