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Indiana University Health Care Associates

Also known as Iu Health Physicians

Indianapolis, IN · EIN 35-1747218 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Indiana University Health Care Associates reported $1.43 billion in revenue and $1.87 billion in expenses for calendar year 2024. Of every $100 it spent, $95.29 went to program services, $4.71 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: 99.8% of the total. The highest compensation it reported for one person was $2,172,855 (PHYSICIAN). Revenue rose 66% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.87B

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 $1.43B

Investment income was negative: −$105K. The bar shows the positive sources only.

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)
95.3%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
4.7%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
0.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
99.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,172,855$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.12%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
0.46.6
Independent voting board members
Part VI 1a–1b
2 of 788.9%

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
$1.14B expenses · 64.3% of program spending · grants $14M · revenue $920M

Indiana University Health Care Associates, inc. ("iu health physicians") is the most complete multi-specialty physician group in the state of indiana. Iu health physicians provides high quality patient-centered care placing the highest priority on the needs of the patient and their families, without regard to the patient's ability to pay

$604M expenses · 34.0% of program spending · revenue $486M

Iu health physicians provides services, which include coordinated activities and policies, to related tax-exempt organizations designed to meet the mission of the Indiana University Health system

$26M expenses · 1.5% of program spending · revenue $21M

IU Health Care Associates leases physician office and clinic space to tax-exempt RELATED 501(C)(3) ORGS

$4.2M all other programs (line 4d)

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
PHYSICIAN
Highest compensated employee, 55.0 hrs/week
$2,135,395$0$37,460$2,172,855
Physician
Highest compensated employee, 55.0 hrs/week
$1,853,619$0$73,032$1,926,651
Interim President (Part Year)
Officer, 2.0 hrs/week
$1,515,736$0$228,490$1,744,226
DIVISION CHIEF
Highest compensated employee, 55.0 hrs/week
$1,582,135$0$44,300$1,626,435
PRESIDENT (AAHC)
Highest compensated employee, 1.0 hrs/week
$1,404,883$0$179,152$1,584,035
Director
Director/trustee, 10.0 hrs/week
$0$1,330,269$225,805$1,556,074
PHYSICIAN
Highest compensated employee, 55.0 hrs/week
$1,395,208$0$48,424$1,443,632
DIRECTOR
Director/trustee, 5.0 hrs/week
$0$1,000,489$194,306$1,194,795

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$500M$1.00B$1.50B$2.00B201920202021202220232024$1.43B$1.87B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$1.43B$1.87B95.3%$67M$2,172,855
2023 ⓘ$1.28B$1.74B95.2%−$58M$2,262,216
2022 ⓘ$1.23B$1.60B93.6%−$34M$2,048,091
2021 ⓘ$1.08B$1.42B93.2%−$63M$2,303,656
2020 ⓘ$866M$1.19B77.3%−$7.6M$1,785,413
2019 ⓘ$864M$1.14B78.8%$20M$1,449,805

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–1b7 · 2 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 52,839

Correct a figure or respond

Every number above is copied from Indiana University Health Care Associates'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 Care Associates, 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 Care Associates's spending goes to programs?

In calendar year 2024, Indiana University Health Care Associates reported that 95.3% of its $1.87 billion in expenses went to program services, 4.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Indiana University Health Care Associates pay its top executive?

The largest total compensation Indiana University Health Care Associates reported for one person in calendar year 2024 was $2,172,855, for the role of PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Indiana University Health Care Associates get its money?

Of $1.43 billion in revenue in calendar year 2024, 0.2% came from contributions and grants (including 0.0% from government grants) and 99.8% from program service revenue (Form 990, Part VIII).

Is Indiana University Health Care Associates a registered charity?

The IRS lists EIN 35-1747218 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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 202523179349308367 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403179349306510 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343199349301914 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213189349302571 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123149349302397 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003189349301525 · read the filing

All filings for EIN 35-1747218: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.