Indiana University Health Southern Indiana Physicians Llc
- Assets
- $803.0m
- Revenue
- $602.8m
- Investments
- $0.0
- Employees
- 5,035
- Location
- Indianapolis, IN
- Founding
- 03/1988
- Data as of
- 12/2019
- EIN
- 35-1720796
Organization Overview
Indiana University Health Southern Indiana Physicians Llc 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 12/2019, Indiana University Health Southern Indiana Physicians Llc employed 5,035 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Indiana University Health Southern Indiana Physicians Llc generated $602.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $487.4m during the year ending 12/2019. While expenses have increased by 8.2% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE THE HEALTH OF OUR PATIENTS AND COMMUNITY THROUGH INNOVATION AND EXCELLENCE IN CARE, EDUCATION, RESEARCH AND SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDIANA UNIVERSITY HEALTH BLOOMINGTON, INC. ("IU HEALTH BLOOMINGTON") IS A 297-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.
IU HEALTH BLOOMINGTON RECEIVES REVENUE FROM THE FOLLOWING PASS-THROUGH ENTITIES: BROWN COUNTY MEDICAL COOPERATIVE, LLC, SIRA IMAGING CENTER, LLC, SOUTHERN INDIANA SURGERY CENTER, LLC AND PIMCO BRAVO FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bret J Spier MD Physician | 55 | $884,318 | |
Fred Y Wu MD Physician | 55 | $819,192 | |
David J Licini MD Physician | 55 | $817,374 | |
Timothy Msteiner MD Physician | 55 | $765,395 | |
Jonathan W Surdam M Physician | 55 | $746,434 | |
John S Strobel MD Director | Trustee | 53 | $717,967 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fa Wilhelm Construction Co Inc Construction | 12/30/19 | $80,407,819 |
Trimedx Llc Clinical Engineering | 12/30/19 | $2,717,229 |
Cso Architects Inc Architectural/design | 12/30/19 | $2,197,220 |
Aramark Facilities | 12/30/19 | $2,637,669 |
Hellmuth Obata Kassabaum Inc Design/engineering | 12/30/19 | $3,444,533 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $196,285 |
| Government grants | $4,149,187 |
| All other contributions, gifts, grants, and similar amounts not included above | $450,740 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,796,212 |
| Total Program Service Revenue | $580,265,290 |
| Investment income | $11,560,667 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$173,238 |
| Net Gain/Loss on Asset Sales | $3,204,137 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $602,837,538 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $471,925 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,291,155 |
| Compensation of current officers, directors, key employees. | $311,525 |
| Compensation to disqualified persons | $1,335,226 |
| Other salaries and wages | $174,538,255 |
| Pension plan accruals and contributions | $5,686,788 |
| Other employee benefits | $21,364,700 |
| Payroll taxes | $10,464,529 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $102,068 |
| Fees for services: Accounting | $13,981 |
| Fees for services: Lobbying | $2,812 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $247,910 |
| Fees for services: Other | $109,633,698 |
| Advertising and promotion | $298,030 |
| Office expenses | $1,554,754 |
| Information technology | $1,447,226 |
| Royalties | $0 |
| Occupancy | $10,323,018 |
| Travel | $437,475 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $79,078 |
| Interest | $1,154,099 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,505,739 |
| Insurance | $3,796,376 |
| All other expenses | $4,094,986 |
| Total functional expenses | $487,432,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,604,950 |
| Savings and temporary cash investments | $2,738,169 |
| Pledges and grants receivable | $1,075,143 |
| Accounts receivable, net | $79,089,239 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,265,358 |
| Inventories for sale or use | $6,564,763 |
| Prepaid expenses and deferred charges | $10,379,084 |
| Net Land, buildings, and equipment | $225,301,563 |
| Investments—publicly traded securities | $184,776,412 |
| Investments—other securities | $0 |
| Investments—program-related | $2,345,871 |
| Intangible assets | $10,661,813 |
| Other assets | $272,152,082 |
| Total assets | $802,954,447 |
| Accounts payable and accrued expenses | $56,355,772 |
| Grants payable | $0 |
| Deferred revenue | $16,377,222 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $33,632,262 |
| Total liabilities | $106,365,256 |
| Net assets without donor restrictions | $683,254,355 |
| Net assets with donor restrictions | $13,334,836 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $802,954,447 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Indiana University Health Southern Indiana Physicians Llc has recieved totaling $210,464.
| Awarding Organization | Amount |
|---|---|
Indiana University Health Foundation Inc Indianapolis, IN PURPOSE: HOSPITAL PROGRAMS SUPPORT | $196,564 |
Yale University New Haven, CT PURPOSE: SUBAWARD - SPONSORED RESEARCH | $6,950 |
Yale University New Haven, CT PURPOSE: SUBAWARD - SPONSORED RESEARCH | $6,950 |
Endowment Analysis
| Beg. Balance | $13,334,836 |
| Ending Balance | $13,334,836 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Wisconsin Medical Foundation Inc Middleton, WI | $1,086,870,157 | $956,685,711 |
St Lukes Hospital Of Kansas City Kansas City, MO | $1,392,812,481 | $948,488,426 |
Deaconess Hospital Inc Evansville, IN | $1,654,034,103 | $1,047,627,616 |
Mercy Hospital Springfield Springfield, MO | $580,000,472 | $1,006,677,358 |
Ascension St John Hospital St Louis, MO | $420,361,390 | $924,193,769 |
The Carle Foundation Hospital Urbana, IL | $396,914,947 | $1,026,211,585 |
Ascension Providence Hospital St Louis, MO | $465,661,519 | $850,694,127 |
Saint Joseph Health System Inc Lexington, KY | $972,577,044 | $844,837,722 |
Advocate North Side Health Network Downers Grove, IL | $903,781,713 | $776,216,592 |
Edward Hospital Naperville, IL | $481,805,669 | $665,834,109 |
Ssm Healthcare Of Oklahoma Inc St Louis, MO | $797,834,656 | $672,123,416 |
Heartland Regional Medical Center St Joseph, MO | $401,719,481 | $714,270,872 |