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Central Indiana Health System Cardiac Services

Also known as Ascension St Vincent Cardiac Services

St Louis, MO · EIN 35-1869951 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Central Indiana Health System Cardiac Services reported $128.2 million in revenue and $73.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.21 went to program services, $19.79 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: 84.7% of the total. The highest compensation it reported for one person was $3,058,601 (CHAIR). 106 people received more than $100,000 in reportable compensation. Revenue rose 44% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $73M

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

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $128M

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

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
80.2%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
19.8%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
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
84.7%93.7%
Highest reported compensation
Part VII-A, columns D–F
$3,058,601$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
4.19%1.34%
People paid over $100,000
Part VII, line 2
10627
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
125.86.6
Independent voting board members
Part VI 1a–1b
0 of 388.9%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$59M expenses · 100.0% of program spending · revenue $111M

THE FILING ORGANIZATION IS A PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY. ASCENSION IS A FAITH-BASED HEALTHCARE ORGANIZATION THAT DELIVERS PERSONALIZED, COMPASSIONATE CARE TO ALL, ESPECIALLY TO THOSE WHO NEED IT THE MOST. Central Indiana Health System Cardiac Services, Inc. owns a 69.74% interest in St. Vincent Heart Center of Indiana, LLC. St. Vincent Heart Center of Indiana, LLC. is a 80-bed hospital campus providing services without regard to patient race, creed, national origin, economic status, or ability to pay. During fiscal year 2025, Central Indiana Health System Cardiac Services…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHAIR
Director/trustee, officer, 0.0 hrs/week
$0$2,990,874$67,727$3,058,601
DIRECTOR
Director/trustee, 0.0 hrs/week
$0$1,057,480$61,481$1,118,961
DIRECTOR
Director/trustee, 0.0 hrs/week
$0$1,037,203$57,549$1,094,752
FORMER BOARD OFFICER (END 4/2023)
Former, 0.0 hrs/week
$0$943,404$6,250$949,654
VP, FINANCE
Officer, 0.0 hrs/week
$0$460,456$40,547$501,003
PRESIDENT
Officer, 50.0 hrs/week
$374,889$0$38,933$413,822
SUPERVISOR, RADIOLOGY
Highest compensated employee, 50.0 hrs/week
$272,902$0$39,706$312,608
DIRECTOR OF PHARMACY
Highest compensated employee, 50.0 hrs/week
$193,844$0$46,922$240,766

106 people received more than $100,000 in reportable compensation from Central Indiana Health System Cardiac Services (Part VII, line 2). Compensation of current officers, directors and key employees totaled $414K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$128M$73M80.2%$766M$3,058,601
FY2024 ⓘ$103M$74M69.4%$696M$2,344,273
FY2023 ⓘ$103M$66M57.2%$660M$2,386,194
FY2022 ⓘ$126M$61M65.4%$631M$2,633,490
FY2021 ⓘ$148M$50M85.8%$605M$2,365,012
FY2020 ⓘ$89M$43M84.1%$471M$2,425,376

Governance answers, as filed

FY2025 · 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–1b3 · 0 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 11aNo
  • 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 4No
  • 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 5509

Correct a figure or respond

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

Questions people ask

How much of Central Indiana Health System Cardiac Services's spending goes to programs?

In the fiscal year ending June 30, 2025, Central Indiana Health System Cardiac Services reported that 80.2% of its $73.0 million in expenses went to program services, 19.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Central Indiana Health System Cardiac Services pay its top executive?

The largest total compensation Central Indiana Health System Cardiac Services reported for one person in the fiscal year ending June 30, 2025 was $3,058,601, for the role of CHAIR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Central Indiana Health System Cardiac Services get its money?

Of $128.2 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 84.7% from program service revenue (Form 990, Part VIII).

Is Central Indiana Health System Cardiac Services a registered charity?

The IRS lists EIN 35-1869951 as a 501(c)(3) organization (supporting organization (509(a)(3))), 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

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621329349306057 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501339349304435 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431319349304208 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331309349302918 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221349349302217 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141349349300149 · read the filing

All filings for EIN 35-1869951: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.