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Indiana University Health Bedford

Indianapolis, IN · EIN 23-7042323 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Indiana University Health Bedford reported $112.1 million in revenue and $90.3 million in expenses for calendar year 2024. Of every $100 it spent, $96.16 went to program services, $3.84 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.9% of the total. The highest compensation it reported for one person was $1,556,074 (FORMER OFFICER). Revenue rose 39% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $90M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $112M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
96.2%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
3.8%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.3%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.2%0.1%
Program service revenue share
Part VIII 2g ÷ 12
92.9%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,556,074$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.72%1.34%
People paid over $100,000
Part VII, line 2
Not reported27
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
23.96.6
Independent voting board members
Part VI 1a–1b
7 of 1388.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$86M expenses · 99.1% of program spending · revenue $103M

Iu Health Bedford hospital is a modern, joint commission approved rural health care facility which offers up-to-date technology and medical practices. It also employs a physician group practice, iu health southern indiana physicians, which is a multi-specialty practice providing medical services in internal medicine, family practice, general surgery, orthopedics, obstetrics and gynecology, and pediatrics. Nurse practitioners in adult and pediatric primary care have been added to expand medical care

$690K expenses · 0.8% of program spending · revenue $828K

Rent from related 501(c)(3) orgs

$101K expenses · 0.1% of program spending · revenue $121K

IU HEALTH BEDFORD RECEIVES "SHARED SERVICES" REVENUE BY SHARING/PROVIDING SERVICES WITH INDIANA UNIVERSITY HEALTH, INC. ("IU HEALTH"), INDIANA UNIVERSITY HEALTH Bloomington, INC. ("IU HEALTH Bloomington"), AND INDIANA UNIVERSITY HEALTH PAOLI, INC. ("IU HEALTH PAOLI")

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
FORMER OFFICER
Former, 10.0 hrs/week
$0$1,330,269$225,805$1,556,074
DIRECTOR
Director/trustee, 1.0 hrs/week
$0$971,536$151,102$1,122,638
Director
Director/trustee, 2.0 hrs/week
$0$773,403$65,247$838,650
Director/President (SCR) (Part Year)
Director/trustee, officer, 15.0 hrs/week
$0$660,820$141,155$801,975
DIRECTOR
Director/trustee, 1.0 hrs/week
$0$696,410$66,383$762,793
DIRECTOR
Director/trustee, 2.0 hrs/week
$0$658,320$82,816$741,136
Director/President (Part Year)/CMO (SCR) (Part Year)
Director/trustee, officer, 10.0 hrs/week
$0$521,174$63,820$584,994
Chief Physician Executive (SCR)
Key employee, 10.0 hrs/week
$0$457,578$26,749$484,327

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200M201920202021202220232024$112M$90M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$112M$90M96.2%$180M$1,556,074
2023 ⓘ$114M$90M96.4%$157M$1,247,272
2022 ⓘ$98M$83M96.5%$133M$1,151,849
2021 ⓘ$103M$74M96.1%$118M$1,336,929
2020 ⓘ$90M$69M86.2%$88M$990,760
2019 ⓘ$81M$66M86.0%$67M$788,729

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5439
  • Volunteers Part I, line 614

Correct a figure or respond

Every number above is copied from Indiana University Health Bedford's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Indiana University Health Bedford, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Indiana

Questions people ask

How much of Indiana University Health Bedford's spending goes to programs?

In calendar year 2024, Indiana University Health Bedford reported that 96.2% of its $90.3 million in expenses went to program services, 3.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Indiana University Health Bedford pay its top executive?

The largest total compensation Indiana University Health Bedford reported for one person in calendar year 2024 was $1,556,074, for the role of FORMER OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Indiana University Health Bedford get its money?

Of $112.1 million in revenue in calendar year 2024, 0.3% came from contributions and grants (including 0.2% from government grants) and 92.9% from program service revenue (Form 990, Part VIII).

Is Indiana University Health Bedford a registered charity?

The IRS lists EIN 23-7042323 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533179349308078 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423179349306182 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333189349314033 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243189349307254 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103139349302510 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013189349301556 · read the filing

All filings for EIN 23-7042323: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.