Charity Impact Media

Home › Health care

Indiana University Health North Hospital

Indianapolis, IN · EIN 35-1932442 · 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 North Hospital reported $524.0 million in revenue and $369.2 million in expenses for calendar year 2024. Of every $100 it spent, $96.41 went to program services, $3.59 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: 93.0% of the total. The highest compensation it reported for one person was $1,194,795 (DIRECTOR / PRESIDENT (ISR)). Revenue rose 79% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $369M

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 $524M

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)
96.4%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
3.6%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
93.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,194,795$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.32%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
33.16.6
Independent voting board members
Part VI 1a–1b
8 of 888.9%

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
$354M expenses · 99.5% of program spending · revenue $485M

IU Health North Hospital provides leading family-centered care to Carmel and Hamilton County residents. As a full-service hospital for adults and children with an attached medical office building, IU Health North Hospital brings together physician offices, inpatient beds and operating rooms in a state-of-the-art facility where compassionate caregivers provide superior patient treatment. All patient rooms are private to optimize comfort for each individual and their family, and our wealth of services for adults and children ranges from cardiovascular and orthopedic care to maternity and cancer…

$1.2M expenses · 0.3% of program spending · revenue $1.6M

IU Health North Hospital provides services, which include coordinated activities and polices, to related tax-exempt organizations designed to meet the mission of the Indiana University Health System

$538K expenses · 0.2% of program spending · revenue $736K

IU Health North Hospital leases physician office and clinic space to tax-exempt related 501(c)(3) organizations

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
DIRECTOR / PRESIDENT (ISR)
Director/trustee, officer, 10.0 hrs/week
$0$1,000,489$194,306$1,194,795
FORMER KEY EMPLOYEE
Former, 0.0 hrs/week
$0$848,653$170,264$1,018,917
VP-CMO (ISR)
Key employee, 30.0 hrs/week
$483,240$0$74,251$557,491
FORMER OFFICER
Former, 0.0 hrs/week
$0$430,208$77,430$507,638
CFO (ISR)
Officer, 35.0 hrs/week
$0$351,618$66,113$417,731
FORMER KEY EMPLOYEE
Former, 0.0 hrs/week
$0$355,971$52,208$408,179
VP, COO (ISR)
Key employee, 30.0 hrs/week
$347,418$0$55,603$403,021
DIRECTOR
Director/trustee, 2.0 hrs/week
$0$316,442$39,939$356,381

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800M201920202021202220232024$524M$369M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$524M$369M96.4%$1.02B$1,194,795
2023 ⓘ$487M$339M96.4%$862M$1,084,751
2022 ⓘ$431M$322M96.5%$714M$1,108,568
2021 ⓘ$390M$277M96.3%$605M$1,280,531
2020 ⓘ$369M$257M89.5%$492M$990,426
2019 ⓘ$293M$221M82.5%$379M$1,445,230

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–1b8 · 8 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 51,619

Private foundation grants it received

1 private foundation reported grants to Indiana University Health North Hospital totaling $38 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

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

In calendar year 2024, Indiana University Health North Hospital reported that 96.4% of its $369.2 million in expenses went to program services, 3.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Indiana University Health North Hospital pay its top executive?

The largest total compensation Indiana University Health North Hospital reported for one person in calendar year 2024 was $1,194,795, for the role of DIRECTOR / PRESIDENT (ISR) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Indiana University Health North Hospital get its money?

Of $524.0 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 93.0% from program service revenue (Form 990, Part VIII).

Is Indiana University Health North Hospital a registered charity?

The IRS lists EIN 35-1932442 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 202543179349309439 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423179349306187 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323189349316042 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223189349306827 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113149349304891 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023189349303287 · read the filing

All filings for EIN 35-1932442: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.