Indiana University Health Bloomingon Inc

Organization Overview

Indiana University Health Bloomingon Inc is located in Indianapolis, IN. The organization was established in 1988. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Indiana University Health Bloomingon Inc employed 4,727 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana University Health Bloomingon 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 12/2021, Indiana University Health Bloomingon Inc generated $700.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $662.3m during the year ending 12/2021. While expenses have increased by 10.5% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

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:

INDIANA UNIVERSITY HEALTH BLOOMINGTON, INC. ("IU HEALTH BLOOMINGTON") IS A 278-BED FULL SERVICE HOSPITAL THAT OFFERS A BROAD RANGE OF SERVICES TO CARE FOR ITS PATIENTS WITHOUT REGARD TO THEIR ABILITY TO PAY. BASED UPON THE VALUES OF TRUST, EXCELLENCE, ACCOUNTABILITY, AND MUTUAL RESPECT, IU HEALTH BLOOMINGTON ENHANCES THE HEALTH OF ITS PATIENTS AND COMMUNITY IN SOUTH-CENTRAL INDIANA BY ADVANCING THE ART AND SCIENCE OF MEDICINE THROUGH THE USE OF NEW TECHNOLOGIES, PROCEDURES, AND CARE.


IU HEALTH BLOOMINGTON PROVIDES SERVICES TO RELATED TAX-EXEMPT ORGANIZATIONS.


AS OF DECEMBER 31, 2021, INDIANA UNIVERSITY HEALTH BLOOMINGTON 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 BLOOMINGTON RECOGNIZED $11,655,896 AS OTHER PROGRAM SERVICE REVENUE. INDIANA UNIVERSITY HEALTH BLOOMINGTON 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 Key Employee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Fa Wilhelm Construction Co Inc
Construction
$151,599,050
Medefis
Vendor Management
$3,620,999
Trimedx Llc
Clinical Engineering
$4,637,268
Weddle Bros Building Group Llc
Construction
$3,590,266
Cso Architects Inc
Architectural/design
$1,991,129
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,311,438
Government grants $4,208,184
All other contributions, gifts, grants, and similar amounts not included above$177,907
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,697,529
Total Program Service Revenue$679,731,175
Investment income $4,931,586
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $783,495
Net Gain/Loss on Asset Sales $7,635,221
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $700,343,585

Grants Awarded

Over the last fiscal year, Indiana University Health Bloomingon Inc has awarded $825,000 in support to 4 organizations.

Grant RecipientAmount

Nashville, TN

PURPOSE: MENTAL HEALTH PROGRAMS

$630,000

UNITED WAY OF MONROE COUNTY

Org PageRecipient Profile

Bloomington, IN

PURPOSE: COMMUNITY PROGRAMS

$105,000

LAWRENCE COUNTY COMMUNITY FOUNDATION

Org PageRecipient Profile

Bedford, IN

PURPOSE: COMMUNITY PROGRAMS

$85,000

BOYS & GIRLS CLUB OF BLOOMINGTON

Org PageRecipient Profile

Bloomington, IN

PURPOSE: COMMUNITY PROGRAMS

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Indiana University Health Bloomingon Inc has recieved totaling $1,088,123.

Awarding OrganizationAmount
Indiana University Health Foundation Inc

Indianapolis, IN

PURPOSE: Hospital Programs Support

$1,078,123
Aonl Foundation For Nursing Leadership Research And Education

Washington, DC

PURPOSE: BUILDING HUMAN CONNECTION DURING THE MERGER OF TWO GLOBAL PANDEMICS

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$11,000,000
Other Expense$11,000,000

Peer Organizations

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