Indiana University Health Arnett Inc

Organization Overview

Indiana University Health Arnett Inc is located in Indianapolis, IN. The organization was established in 2011. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2021, Indiana University Health Arnett Inc employed 3,337 individuals. This organization is the central organization for a national or regional group of organizations. Indiana University Health Arnett Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Indiana University Health Arnett Inc generated $504.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $489.4m during the year ending 12/2020. While expenses have increased by 4.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Indiana University Health Arnett Inc has awarded 59 individual grants totaling $3,181,550. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

LEAD THE TRANSFORMATION OF HEALTHCARE THROUGH QUALITY, INNOVATION & EDUCATION, AND MAKE INDIANA ONE OF THE NATION'S HEALTHIEST STATES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDIANA UNIVERSITY HEALTH ARNETT IN LAFAYETTE, INDIANA IS A FULL-SERVICE, 191-BED HOSPITAL THAT INCLUDES MORE THAN 40 SPECIALTIES AND 23 OUTPATIENT CLINICS. THE HOSPITAL FEATURES AN ADJACENT OUTPATIENT SURGERY CENTER, CANCER CENTER AND SEVERAL MEDICAL OFFICES SERVING LAFAYETTE AND THE SURROUNDING COUNTIES. IU HEALTH ARNETT IS A MAGNET-DESIGNATED HOSPITAL RECOGNIZED BY THE AMERICAN NURSES CREDENTIALING CENTER FOR DEMONSTRATING EXCELLENCE IN NURSING SERVICES AND HIGH-QUALITY CLINICAL OUTCOMES FOR PATIENTS.


OUR NETWORK OF PHARMACIES OFFERS THE CONVENIENCE OF ONE-STOP SHOPPING. WE PROVIDE EXPERT CARE AND HELP PATIENTS MAKE THE BEST USE OF THEIR MEDICATIONS.


AS OF DECEMBER 31, 2021, INDIANA UNIVERSITY HEALTH ARNETT, INC. HAD RECEIVED STIMULUS FUNDS FROM THE PROVIDER RELIEF FUND UNDER THE PROVISIONS OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT) AND PAYCHECK PROTECTION PROGRAM AND HEALTH CARE ENHANCEMENT ACT. INDIANA UNIVERSITY HEALTH ARNETT RECOGNIZED $27,007,609 AS OTHER PROGRAM SERVICE REVENUE. INDIANA UNIVERSITY HEALTH ARNETT, INC. WILL CONTINUE TO MONITOR COMPLIANCE WITH THE TERMS AND CONDITIONS OF THE PROVIDER RELIEF FUND.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Former Officer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hagerman Construction Corp
Construction
$1,997,740
Trimedx Llc
Clinical Engineering
$4,259,041
Barton Associates Inc
Consulting
$1,449,143
Kettelhut Construction
Construction
$2,432,625
Medefis
Vendor Management
$1,437,383
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$219,410
Government grants $17,332
All other contributions, gifts, grants, and similar amounts not included above$251
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$236,993
Total Program Service Revenue$498,955,355
Investment income $197,564
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,814,432
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $504,048,288

Grants Awarded

Over the last fiscal year, Indiana University Health Arnett Inc has awarded $1,000,725 in support to 17 organizations.

Grant RecipientAmount

UNITED WAY OF GREATER LAFAYETTE

Org PageRecipient Profile

Lafayette, IN

PURPOSE: General support

$225,000

WABASH RIVER ENHANCEMENT CORP

Org PageRecipient Profile

Lafayette, IN

PURPOSE: General support

$200,000

YOUNG MENS CHRISTIAN ASSOCIATION FOUNDATION OF GREATER LAFAYETTE

Org PageRecipient Profile

Lafayette, IN

PURPOSE: General support

$121,250

UNITED WAY FOR CLINTON COUNTY

Org PageRecipient Profile

Frankfort, IN

PURPOSE: General support

$115,000

WHITE COUNTY UNITED WAY

Org PageRecipient Profile

Monticello, IN

PURPOSE: General support

$110,000

MENTAL HEALTH AMERICA

Org PageRecipient Profile

Alexandria, VA

PURPOSE: General support

$80,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Indiana University Health Arnett Inc has recieved totaling $577,265.

Awarding OrganizationAmount
Indiana University Health Foundation Inc

Indianapolis, IN

PURPOSE: Hospital Programs Support

$577,265
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Ssm Health Care Corporation
St Louis, MO
$1,033,534,741
Parkview Health System Inc
Fort Wayne, IN
$933,221,094
Gundersen Lutheran Administrative Services Inc
La Crosse, WI
$953,342,080
Bjc Health System
St Louis, MO
$1,155,105,032
Aurora Health Care Inc
Milwaukee, WI
$666,695,867
Appalachian Regional Healthcare Inc
Lexington, KY
$817,287,479
Inclusa Inc
Stevens Point, WI
$696,118,730
Froedtert & Community Health Inc
Milwaukee, WI
$675,461,810
Owensboro Health Regional Hospital
Owensboro, KY
$709,904,993
Alexian Brothers Health System
St Louis, MO
$531,298,685
Indiana University Health Arnett Inc
Indianapolis, IN
$504,048,288
The Carle Foundation
Urbana, IL
$555,725,730

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