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Nonprofit · EIN 26-3162145

INDIANA UNIVERSITY HEALTH ARNETT INC

Tax-exempt · INDIANAPOLIS, IN 46204

Financials

$641.5M$622.3M2023$662M$648.5M2024
Revenue Expenses · by fiscal year end
Financials of INDIANA UNIVERSITY HEALTH ARNETT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$662,042,883$648,547,761$13,495,122$374,363,662$44,646,173$329,717,489
December 31, 2023990$641,512,534$622,302,384$19,210,150$378,909,781$62,757,180$316,152,601
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,223,045
of which government grants
$242,799
Program service revenue
$655,196,264
Investment income
$5,134,222
Net rental income
$24,830
Net gain from sales of assets
-$29,188
Other revenue
$489,352

Expenses

Grants and similar amounts paid
$1,035,596
Compensation of officers, directors and key employees
$5,184,530
Other salaries and wages
$281,063,472
Salaries, compensation and benefits (total)
$336,676,103
Professional fundraising fees
$0
Legal fees
$56,287
Occupancy
$10,494,807
Travel
$297,481
Depreciation
$15,767,323
Program services (functional)
$622,265,131
Management and general (functional)
$26,282,630

Balance sheet and other

Total assets, start of year
$378,909,781
Total assets, end of year
$374,363,662
Total liabilities, end of year
$44,646,173
Net assets, end of year
$329,717,489
Land, buildings and equipment
$181,417,565
Net assets without donor restrictions
$329,717,489
Gross unrelated business income
$307,899
Gross receipts
$662,072,071
Employees
3,025
Volunteers
379
Year formed
2008
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
JOSEPH E HUBBARD MDPHY. DEPT. CHAIR
Highest-paid employee
55$1,202,649$0$71,316
GARRETT JACKSON MDPHYSICIAN
Highest-paid employee
55$1,200,036$0$68,676
STANTON M REGAN MDPHYSICIAN
Highest-paid employee
55$1,149,702$0$62,646
ABHAY SINGHAL MDPHYSICIAN
Highest-paid employee
55$1,034,184$8,190$81,916
MATTHEW ORTON MDMedical Director
Highest-paid employee
55$993,992$0$72,173
RUBAN NIRMALAN MDDIRECTOR
Trustee or director
51$990,753$6,000$68,129
ARTHUR VASQUEZPRESIDENT (WCR)
Officer
33$0$848,653$170,264
ERIKA UGIANSKIS MDDIRECTOR
Trustee or director
51$917,291$5,000$78,678
MARK BUONO MDDIRECTOR
Trustee or director
51$820,411$6,000$68,190
CHRISTOPHER A MANSFIELD MDFORMER KEY EMPLOYEE
Former
35$655,505$0$66,999
MICHELE S SAYSANA MDDIRECTOR (Part Year)
Trustee or director
2$0$629,341$29,763
KISHAN PATEL MDVP-Chief Physician Executive (WCR)
Key employee
35$473,047$0$66,999
DEREK E EMPIEFORMER OFFICER
Former
0$0$430,208$77,430
TODD A WILLIAMSCFO (Part Year)/TREASURER (WCR)
Officer
10$0$440,215$66,454
MICHAEL L CRAIGCFO (Part Year)
Officer
5$0$375,821$65,857
14 more people on this return
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ROXANNE WICKLUNDCNO (WCR)
Key employee
35$357,547$0$65,710
PHILIP LISTDirector (Part Year) / Legal Counsel Secretary (Part Year)
Trustee or director, Officer
35$0$273,073$57,009
KOREEN C KYHNELLVP - HUMAN RESOURCES (WCR)
Key employee
35$0$259,251$70,000
JAMES H PARSONSFORMER KEY EMPLOYEE
Former
35$184,617$0$53,520
WILLIAM Y LI MDDIRECTOR
Trustee or director
51$191,724$6,000$30,637
WHITNEY A AIKENLegal Counsel Secretary (Part Year)
Officer
35$0$182,473$32,904
YINGKEI HUI MDDirector (Part Year)
Trustee or director
2$33,657$5,000$2,974
GARY D HENRIOTTDIRECTOR/CHAIR
Trustee or director, Officer
2$0$9,000$0
AMANDA WHITLOCKDIRECTOR
Trustee or director
2$0$6,000$0
BEN HARPENAUDIRECTOR
Trustee or director
2$0$6,000$0
SHAN SHERIDANDIRECTOR
Trustee or director
2$0$6,000$0
JESSE MOOREDIRECTOR
Trustee or director
2$0$5,000$0
JOHNNY PARKDIRECTOR
Trustee or director
2$0$5,000$0
UMESH PATELDIRECTOR
Trustee or director
2$0$5,000$0
990 for the year ended December 31, 2023: 32 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STANTON M REGAN MDPHYSICIAN
Highest-paid employee
55$1,148,799$0$67,528
JOSEPH E HUBBARD MDPHY. DEPT. CHAIR
Highest-paid employee
55$1,131,892$0$67,272
Joshua A Nepute MDPhysician
Highest-paid employee
55$871,450$0$70,106
RUBAN NIRMALAN MDDIRECTOR
Trustee or director
51$869,811$0$67,389
Matthew Orton MDMedical Director
Highest-paid employee
55$836,205$0$70,282
ARTHUR VASQUEZPRESIDENT (WCR)
Officer
33$0$742,860$154,953
ERIKA UGIANSKIS MDDIRECTOR
Trustee or director
51$804,572$0$78,474
Mark C Arvin MDPhysician
Highest-paid employee
55$795,224$0$70,856
MARK BUONO MDDIRECTOR
Trustee or director
51$703,508$0$74,353
CHRISTOPHER A MANSFIELD MDCMO / COO (Part Year) (WCR)
Key employee
35$565,399$0$68,153
MICHELE S SAYSANA MDDIRECTOR
Trustee or director
51$0$578,808$29,263
JEFFREY C ZEHCOO (Part Year) (WCR)
Key employee
35$484,867$0$40,883
KISHAN PATEL MDVP-Chief Physician Executive (WCR)
Key employee
35$453,323$0$67,953
TODD A WILLIAMSCFO/TREASURER (WCR)
Officer
35$0$365,618$66,207
CARA L BREIDSTERFORMER OFFICER
Former
0$0$339,481$64,209
DEREK E EMPIEFORMER OFFICER
Former
0$0$335,206$62,375
ROXANNE WICKLUNDCNO (WCR)
Key employee
35$324,171$0$49,858
KOREEN C KYHNELLVP - HUMAN RESOURCES (WCR)
Key employee
35$0$248,166$68,917
PHILIP LISTSECRETARY (WCR)
Officer
35$0$223,505$47,342
JAMES H PARSONSFORMER KEY EMPLOYEE
Former
35$184,526$0$50,908
WILLIAM Y LI MDDIRECTOR
Trustee or director
51$169,140$0$27,951
GARY D HENRIOTTDIRECTOR/CHAIR
Trustee or director, Officer
2$0$7,500$0
SHAN SHERIDANDIRECTOR
Trustee or director
2$0$6,000$0
UMESH PATELDIRECTOR
Trustee or director
2$0$6,000$0
AMANDA WHITLOCKDIRECTOR
Trustee or director
2$0$5,000$0
JESSE MOOREDIRECTOR
Trustee or director
2$0$5,000$0
RANDY W PRICEDIRECTOR (Part Year)
Trustee or director
2$0$5,000$0
RANDALL R MITCHELLDirector (Part Year)
Trustee or director
2$0$4,000$0
Ben HarpenauDirector (Part Year)
Trustee or director
2$0$2,000$0
Johnny ParkDirector (Part Year)
Trustee or director
2$0$2,000$0
REV KATE L WALKERDIRECTOR (Part Year)
Trustee or director
2$0$2,000$0
MARION UNDERWOODDIRECTOR (Part Year)
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)
Arthur Vasquez, 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

  • 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.
    Expenses $597,959,062 · grants $1,035,596 · revenue $629,603,885
  • 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.
    Expenses $18,658,269 · revenue $19,645,690
  • IU Health Arnett provides services to related tax-exempt organizations and one related government entity. IU Health entities facilitates efforts and shared services on behalf of and for the benefit of IU Health and its affiliates, certain costs related to providing these shared services are allocated out or charged to the affiliates. Facilitating these efforts and services allows IU Health and its affiliates to better carry out their exempt functions by reducing costs, having standardized practices and procedures, and creating economies of scale.
    Expenses $5,525,977 · revenue $5,818,419
  • Income (loss) from pass-through entities.
    Expenses $110,854 · revenue $116,721
  • RENT FROM RELATED 501(C)(3) ORGANIZATIONS
    Expenses $10,969 · revenue $11,549

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
26-3162145
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
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E21)
Assets (IRS master file)
$374,363,662
Income (IRS master file)
$662,072,071

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$662,042,883$648,547,761$374,363,662IRS
990-TDecember 2024–––IRS
990December 2023$641,512,534$622,302,384$378,909,781XML
990-TDecember 2023–––IRS
990December 2022$585,823,463$592,400,396$352,808,000IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––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 26-3162145).

Questions about INDIANA UNIVERSITY HEALTH ARNETT INC

What is the EIN of INDIANA UNIVERSITY HEALTH ARNETT INC?
The employer identification number (EIN) of INDIANA UNIVERSITY HEALTH ARNETT INC is 26-3162145.
Is INDIANA UNIVERSITY HEALTH ARNETT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to INDIANA UNIVERSITY HEALTH ARNETT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDIANA UNIVERSITY HEALTH ARNETT 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 ARNETT 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 ARNETT 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 ARNETT INC?
The 990 for the year ended December 31, 2024 names Arthur Vasquez.
Who are the officers and directors of INDIANA UNIVERSITY HEALTH ARNETT INC?
The 990 for the year ended December 31, 2024 lists 29 people; 14 received compensation from the organization, the highest $1,202,649 (JOSEPH E HUBBARD MD, PHY. DEPT. CHAIR).
How much revenue does INDIANA UNIVERSITY HEALTH ARNETT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $662,042,883, expenses of $648,547,761 and total assets of $374,363,662 at year end.

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