Ihc Health Services Inc

Organization Overview

Ihc Health Services Inc is located in Salt Lake City, UT. The organization was established in 1982. 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, Ihc Health Services Inc employed 45,976 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ihc Health Services 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, Ihc Health Services Inc generated $7.1b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $6.7b during the year ending 12/2020. While expenses have increased by 6.2% 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, Ihc Health Services Inc has awarded 613 individual grants totaling $659,552,042. 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

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

IHC HEALTH SERVICES, INC. ("HEALTH SERVICES") PROVIDED HIGH QUALITY HEALTHCARE THROUGH ITS SYSTEM OF 23 HOSPITALS (2,863 LICENSED BEDS) AND 397 CLINICS. IN ADDITION TO THE 137,388 INPATIENT ADMISSIONS, 519,361 EMERGENCY ROOM VISITS AND 3.4 MILLION CLINIC VISITS, HEALTH SERVICES PROVIDED MORE THAN $115 MILLION IN CHARITY CARE (AT COST) THROUGH MORE THAN 240,000 CASES. FOR A MORE DETAILED EXPLANATION OF THE ORGANIZATION'S PROGRAM SERVICE ACCOMPLISHMENTS IN 2021, SEE SCHEDULE O.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
R1 Rcm Inc
Revenue Cycle Management
$206,724,624
Summit Physician Specialists Pc
Medical
$48,674,126
Utah Valley Radiology Assoc Inc
Medical
$20,182,350
Southwest Emergency Physicians Lc
Medical
$14,426,978
Associated Regional And University
Medical
$16,022,060
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$36,453,416
Government grants $252,711,678
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$289,165,094
Total Program Service Revenue$6,621,249,930
Investment income $116,999,826
Tax Exempt Bond Proceeds -$315,632
Royalties $0
Net Rental Income $7,442,082
Net Gain/Loss on Asset Sales $31,194,108
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,115,807,807

Grants Awarded

Over the last fiscal year, Ihc Health Services Inc has awarded $302,538,088 in support to 91 organizations.

Grant RecipientAmount

INTERMOUNTAIN COMMUNITY CARE FOUNDATION

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: SUPPORT COMMUNITY HEALTH

$275,000,000

CIVICA FOUNDATION INC

Org PageRecipient Profile

Lehi, UT

PURPOSE: SUPPORT COMMUNITY HEALTH

$10,000,000

INTERMOUNTAIN HEALTHCARE FOUNDATION INC

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: SUPPORT COMMUNITY HEALTH

$6,068,023

THE COMMUNITY FOUNDATION OF UTAH

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: SUPPORT COMMUNITY HEALTH

$2,539,500

UTAH DOMESTIC VIOLENCE ADVISORY COUNCIL

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: SUPPORT COMMUNITY HEALTH

$540,000

FRIENDS OF SWITCHPOINT INC

Org PageRecipient Profile

St George, UT

PURPOSE: SUPPORT COMMUNITY HEALTH

$500,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Ihc Health Services Inc has recieved totaling $40,297,228.

Awarding OrganizationAmount
Intermountain Healthcare Foundation Inc

Salt Lake City, UT

PURPOSE: HOSPITAL SUPPORT

$39,158,296
Intermountain Community Care Foundation Inc

Salt Lake City, UT

PURPOSE: SUPPORT SCHOOL AND COMMUNITY CLINICS

$1,101,000
Fred Hutchinson Cancer Research Center

Seattle, WA

PURPOSE: VACCINE AND INFECTIOUS DISEASE

$19,557
Susan G Komen Breast Cancer Foundation

Dallas, TX

PURPOSE: Research

$9,375
American Thrombosis And Hemostasisnetwork Inc

Rochester, NY

PURPOSE: DATA MANAGEMENT CAPACITY RESEARCH

$9,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$485,981,427
Earnings$5,602,660
Net Contributions$350,948,101
Other Expense$40,729,134
Grants$3,115,721
Ending Balance$798,687,333

Peer Organizations

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$478,768,711
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$203,266,795
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$151,395,784
Taos Health Systems Inc Holy Cross Hospital
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$91,459,696
Lower Valley Hospital Association
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$78,174,068
Southwest Health System Inc
Cortez, CO
$73,002,542
Saint Alphonsus Health System Inc
Boise, ID
$65,041,457
Diversus Health Inc
Colorado Springs, CO
$59,817,758
Tmc Medical Network
Tucson, AZ
$36,338,871

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