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Nonprofit · EIN 23-7042323

INDIANA UNIVERSITY HEALTH BEDFORD INC

Tax-exempt · INDIANAPOLIS, IN 46204

Financials

$114M$90.3M2023$112.1M$90.3M2024
Revenue Expenses · by fiscal year end
Financials of INDIANA UNIVERSITY HEALTH BEDFORD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$112,122,163$90,286,346$21,835,817$186,628,481$7,070,180$179,558,301
December 31, 2023990$113,965,486$90,346,883$23,618,603$171,412,440$14,406,831$157,005,609
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$357,729
of which government grants
$271,253
Program service revenue
$104,213,949
Investment income
$7,442,520
Net gain from sales of assets
$109,769
Other revenue
$107,965

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$409,485
Other salaries and wages
$25,393,759
Salaries, compensation and benefits (total)
$31,797,578
Professional fundraising fees
$0
Travel
$28,742
Depreciation
$2,090,615
Program services (functional)
$86,817,617
Management and general (functional)
$3,468,729

Balance sheet and other

Total assets, start of year
$171,412,440
Total assets, end of year
$186,628,481
Total liabilities, end of year
$7,070,180
Net assets, end of year
$179,558,301
Land, buildings and equipment
$14,544,431
Publicly traded securities
$6,425,257
Net assets without donor restrictions
$179,482,113
Net assets with donor restrictions
$76,188
Gross receipts
$113,334,255
Employees
439
Volunteers
14
Year formed
1967
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
BRIAN T SHOCKNEYFORMER OFFICER
Former
10$0$1,330,269$225,805
KEVIN B GEBKE MDDIRECTOR
Trustee or director
1$0$971,536$151,102
MOHAN SHENOY MDDirector
Trustee or director
2$0$773,403$65,247
DENZIL ROSS MDDirector/President (SCR) (Part Year)
Trustee or director, Officer
15$0$660,820$141,155
HOJJAT M SHAMLOO MDDIRECTOR
Trustee or director
1$0$696,410$66,383
BRYAN HOFF MDDIRECTOR
Trustee or director
2$0$658,320$82,816
JOHN SPARZO MDDirector/President (Part Year)/CMO (SCR) (Part Year)
Trustee or director, Officer
10$0$521,174$63,820
BRECHIN NEWBY MDChief Physician Executive (SCR)
Key employee
10$0$457,578$26,749
MICHAEL L CRAIGVP & CFO (SCR)
Officer
5$0$375,821$65,857
CORINNA REPETTO MDDirector
Trustee or director
2$0$335,475$80,504
PAUL M CALKINS MDFORMER KEY EMPLOYEE
Former
10$0$355,971$52,208
CYNTHIA R HERRINGTONVP & CNO (SCR)
Key employee
10$0$343,081$51,826
ALAN F SMITH MDCHIEF OF STAFF/PATHOLOGIST
Highest-paid employee
50$323,360$0$59,613
LARRY R BAILEYCOO (SCR) (PART YEAR)
Key employee
20$299,844$0$67,511
BRUCE R WADEVP - HUMAN RESOURCES (SCR)
Key employee
10$0$253,974$69,763
15 more people on this return
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DEREK B FIELDSVP - Prof Services (SCR) (Part Year)
Key employee
5$0$259,467$33,324
ALAN W BIGGSVP & COO (SCR) (PART YEAR)
Key employee
10$0$243,099$9,954
JULIE GRABERCLINICAL NURSE
Highest-paid employee
50$188,805$0$48,777
AMY A LITTLEVP & CNO
Highest-paid employee
50$201,796$0$14,228
TAMARA KILLIANCLINICAL NURSE
Highest-paid employee
50$155,802$0$31,773
JAMIE L RUSSELLCLINICAL NURSE
Highest-paid employee
50$156,094$0$25,260
JAMES J LAUGHLIN MDDIRECTOR
Trustee or director
1$0$20,415$456
JACK A KENWORTHYDIRECTOR/CHAIR
Trustee or director, Officer
2$0$9,000$0
JOYCE B POLINGDIRECTOR/SECRETARY
Trustee or director, Officer
2$0$8,000$0
JULIE MINTONDIRECTOR/Treasurer
Trustee or director, Officer
2$0$5,000$0
RICHARD G HENDRICKSON MDDIRECTOR/Vice Chair
Trustee or director, Officer
2$0$3,600$0
DANIEL J PETERSONDirector
Trustee or director
2$0$0$0
JANET F PERRYDIRECTOR
Trustee or director
2$0$0$0
LYNN H COYNEDIRECTOR
Trustee or director
2$0$0$0
VANESSA MCCLARYDIRECTOR
Trustee or director
2$0$0$0
990 for the year ended December 31, 2023: 28 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BRIAN T SHOCKNEYPRESIDENT (SCR) (Part Year)/SVP System Regional Operations
Trustee or director, Officer
10$0$1,036,225$211,047
Mohan Shenoy MDDirector
Trustee or director
2$0$794,400$69,793
KEVIN B GEBKE MDDIRECTOR
Trustee or director
1$0$653,475$144,075
HOJJAT M SHAMLOO MDDIRECTOR
Trustee or director
1$0$649,685$79,767
PAUL M CALKINS MDFORMER KEY EMPLOYEE
Former
10$0$571,987$62,470
JOHN SPARZO MDDirector (Part Year)/President (Part Year)/VP-CMO (SCR)
Trustee or director, Officer
10$0$473,018$65,730
Brechin Newby MDChief Physician Executive (SCR)
Key employee
10$0$442,811$26,086
CORINNA REPETTO MDDirector
Trustee or director
2$0$380,967$79,171
MICHAEL L CRAIGVP & CFO (SCR)
Officer
10$0$333,908$66,441
ALAN F SMITH MDCHIEF OF STAFF/PATHOLOGIST
Highest-paid employee
50$318,782$0$56,964
ALAN W BIGGSVP & COO (SCR)
Key employee
10$0$314,970$52,742
CYNTHIA R HERRINGTONVP & CNO (SCR)
Key employee
10$0$309,541$47,047
LARRY R BAILEYCOO
Highest-paid employee
50$290,094$0$66,171
WENDY S HERNANDEZFormer Key Employee
Former
0$0$284,478$61,176
BRUCE R WADEVP - HUMAN RESOURCES (SCR)
Key employee
10$0$245,476$67,879
KIMBERLY D JACOBSCLINICAL NURSE
Highest-paid employee
50$204,190$0$21,939
JAMES J LAUGHLIN MDDIRECTOR
Trustee or director
1$0$203,139$16,251
JULIE GRABERCLINICAL NURSE
Highest-paid employee
50$171,070$0$43,390
Amy A LittleVP & CNO
Highest-paid employee
50$195,931$0$18,059
JAMES RIDGE MDDIRECTOR
Trustee or director
2$0$48,000$0
JACK A KENWORTHYDIRECTOR/CHAIR
Trustee or director, Officer
2$0$7,500$0
JULIE MINTONDIRECTOR/Treasurer
Trustee or director, Officer
2$0$5,000$0
RICHARD G HENDRICKSONDIRECTOR/Vice Chair
Trustee or director, Officer
2$0$3,600$0
JOYCE B POLINGDIRECTOR/SECRETARY
Trustee or director, Officer
2$0$3,000$0
DANIEL J PETERSONDirector
Trustee or director
2$0$0$0
JANET FARLOW PERRYDIRECTOR
Trustee or director
2$0$0$0
LYNN H COYNEDIRECTOR
Trustee or director
2$0$0$0
VANESSA MCCLARYDIRECTOR
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
950 N MERIDIAN ST STE 1200, INDIANAPOLIS, IN 46204-1011
In care of
% CRAIG J JONES
Principal officer (990 for 2024)
BRIAN T SHOCKNEY, 950 N MERIDIAN STREET 1200, INDIANAPOLIS, IN 46204
Signed the 990
MICHAEL L CRAIG, VP & CFO
Phone
(317) 963-4842

Mission

Lead the transformation of healthcare through quality, innovation & education, and make Indiana one of the nation's healthiest states.

990 for the year ended December 31, 2024

Program accomplishments

  • IU HEALTH BEDFORD HOSPITAL IS A MODERN, JOINT COMMISSION APPROVED RURAL HEALTH CARE FACILITY WHICH OFFERS UP-TO-DATE TECHNOLOGY AND MEDICAL PRACTICES. IT ALSO EMPLOYS A PHYSICIAN GROUP PRACTICE, IU HEALTH SOUTHERN INDIANA PHYSICIANS, WHICH IS A MULTI-SPECIALTY PRACTICE PROVIDING MEDICAL SERVICES IN INTERNAL MEDICINE, FAMILY PRACTICE, GENERAL SURGERY, ORTHOPEDICS, OBSTETRICS AND GYNECOLOGY, AND PEDIATRICS. NURSE PRACTITIONERS IN ADULT AND PEDIATRIC PRIMARY CARE HAVE BEEN ADDED TO EXPAND MEDICAL CARE.
    Expenses $86,026,597 · revenue $103,264,426
  • RENT FROM RELATED 501(C)(3) ORGS.
    Expenses $689,889 · revenue $828,127
  • IU HEALTH BEDFORD RECEIVES "SHARED SERVICES" REVENUE BY SHARING/PROVIDING SERVICES WITH INDIANA UNIVERSITY HEALTH, INC. ("IU HEALTH"), INDIANA UNIVERSITY HEALTH Bloomington, INC. ("IU HEALTH Bloomington"), AND INDIANA UNIVERSITY HEALTH PAOLI, INC. ("IU HEALTH PAOLI").
    Expenses $101,131 · revenue $121,396

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7042323
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1969
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E20Z)
Assets (IRS master file)
$186,628,481
Income (IRS master file)
$113,334,255

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$112,122,163$90,286,346$186,628,481IRS
990December 2023$113,965,486$90,346,883$171,412,440XML
990December 2022$98,044,745$82,575,407$148,288,811IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7042323).

Questions about INDIANA UNIVERSITY HEALTH BEDFORD INC

What is the EIN of INDIANA UNIVERSITY HEALTH BEDFORD INC?
The employer identification number (EIN) of INDIANA UNIVERSITY HEALTH BEDFORD INC is 23-7042323.
Is INDIANA UNIVERSITY HEALTH BEDFORD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to INDIANA UNIVERSITY HEALTH BEDFORD INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDIANA UNIVERSITY HEALTH BEDFORD INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INDIANA UNIVERSITY HEALTH BEDFORD INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDIANA UNIVERSITY HEALTH BEDFORD INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INDIANA UNIVERSITY HEALTH BEDFORD INC?
The 990 for the year ended December 31, 2024 names BRIAN T SHOCKNEY.
Who are the officers and directors of INDIANA UNIVERSITY HEALTH BEDFORD INC?
The 990 for the year ended December 31, 2024 lists 30 people; 6 received compensation from the organization.
How much revenue does INDIANA UNIVERSITY HEALTH BEDFORD INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $112,122,163, expenses of $90,286,346 and total assets of $186,628,481 at year end.

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