Nonprofit · EIN 35-1747218
INDIANA UNIVERSITY HEALTH CARE ASSOCIATES INC
Also known as THE INDIANA CLINIC
Tax-exempt · INDIANAPOLIS, IN 46204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,433,924,467 | $1,866,008,993 | -$432,084,526 | $299,949,660 | $233,054,189 | $66,895,471 |
| December 31, 2023 | 990 | $1,283,406,061 | $1,735,477,743 | -$452,071,682 | $191,252,481 | $248,876,469 | -$57,623,988 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,961,490
- of which government grants
- $138,026
- Program service revenue
- $1,430,984,156
- Investment income
- -$104,531
- Net rental income
- $67,543
- Net gain from sales of assets
- -$104,531
- Other revenue
- $83,352
Expenses
- Grants and similar amounts paid
- $13,591,766
- Compensation of officers, directors and key employees
- $6,389,751
- Other salaries and wages
- $1,279,189,563
- Salaries, compensation and benefits (total)
- $1,471,012,530
- Professional fundraising fees
- $0
- Legal fees
- $14,912
- Occupancy
- $35,101,674
- Travel
- $696,307
- Depreciation
- $8,079,103
- Program services (functional)
- $1,778,161,834
- Management and general (functional)
- $87,847,159
Balance sheet and other
- Total assets, start of year
- $191,252,481
- Total assets, end of year
- $299,949,660
- Total liabilities, end of year
- $233,054,189
- Net assets, end of year
- $66,895,471
- Land, buildings and equipment
- $75,484,643
- Net assets without donor restrictions
- $66,895,471
- Gross receipts
- $1,434,028,998
- Employees
- 2,839
- Volunteers
- 0
- Year formed
- 1987
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRADLEY N BOHNSTEDT MD | PHYSICIAN Highest-paid employee | 55 | $2,135,395 | $0 | $37,460 |
| XIAOTAO F QIAN MD | Physician Highest-paid employee | 55 | $1,853,619 | $0 | $73,032 |
| DAVID A INGRAM MD | Interim President (Part Year) Officer | 2 | $1,515,736 | $0 | $228,490 |
| MARK W TURRENTINE MD | DIVISION CHIEF Highest-paid employee | 55 | $1,582,135 | $0 | $44,300 |
| RYAN D NAGY MD | PRESIDENT (AAHC) Highest-paid employee | 1 | $1,404,883 | $0 | $179,152 |
| BRIAN T SHOCKNEY | Director Trustee or director | 10 | $0 | $1,330,269 | $225,805 |
| PETER T ZAVISLAK MD | PHYSICIAN Highest-paid employee | 55 | $1,395,208 | $0 | $48,424 |
| KENNETH D PUCKETT | DIRECTOR Trustee or director | 5 | $0 | $1,000,489 | $194,306 |
| KARL BILIMORIA | Director/Vice Chair Trustee or director, Officer | 55 | $855,308 | $0 | $36,800 |
| NATHAN LAMBERT MD | Director Trustee or director | 55 | $804,860 | $0 | $66,994 |
| MICHELE S SAYSANA MD | President (Part Year) Officer | 49 | $629,341 | $0 | $29,763 |
| DAVID ARONOFF MD | Director/Chair Trustee or director, Officer | 55 | $589,550 | $0 | $13,802 |
| TODD A WILLIAMS | CFO (Part Year) Officer | 25 | $0 | $440,215 | $66,454 |
| HIMANSHU SHAH MD | FORMER OFFICER Former | 55 | $460,838 | $0 | $44,300 |
| BRIAN D KREMER | FORMER KEY EMPLOYEE Former | 50 | $0 | $429,810 | $71,779 |
6 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MELISSA HOCKADAY | COO/CNO Key employee | 55 | $390,603 | $0 | $65,264 |
| RICHARD C ZELLARS MD | FORMER OFFICER Former | 55 | $367,313 | $0 | $43,373 |
| JUDITH L COLEMAN | CFO (PART Year) Officer | 55 | $0 | $294,493 | $56,508 |
| JEFFREY F PEIPERT MD | FORMER DIRECTOR AND OFFICER Former | 55 | $128,340 | $0 | $19,129 |
| JAY L HESS MD | DIRECTOR Trustee or director | 2 | $0 | $46,500 | $0 |
| JAMIE B DIMOND | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHELLE A JANNEY RN | DIRECTOR Trustee or director | 2 | $0 | $1,961,448 | $300,768 |
| BRADLEY N BOHNSTEDT MD | PHYSICIAN Highest-paid employee | 55 | $2,008,848 | $0 | $36,360 |
| Xiaotao F Qian MD | Physician Highest-paid employee | 55 | $1,771,107 | $0 | $70,930 |
| MARK W TURRENTINE MD | DIVISION CHIEF Highest-paid employee | 55 | $1,674,216 | $0 | $43,200 |
| DAVID A INGRAM MD | Former Officer Former | 2 | $1,269,571 | $0 | $221,658 |
| BRETT HARTMAN MD | PHYSICIAN Highest-paid employee | 55 | $1,336,886 | $0 | $35,808 |
| Stephen M Oleszkiewicz | Physician Highest-paid employee | 55 | $1,325,280 | $0 | $25,063 |
| BRIAN T SHOCKNEY | Director Trustee or director | 10 | $0 | $1,036,225 | $211,047 |
| KENNETH DOUG PUCKETT | DIRECTOR Trustee or director | 2 | $0 | $901,248 | $183,503 |
| Himanshu Shah MD | President (Part Year) Officer | 55 | $969,124 | $0 | $112,922 |
| Karl Bilimoria | Director/Vice Chair Trustee or director, Officer | 55 | $891,140 | $0 | $35,700 |
| KEVIN B GEBKE MD | FORMER DIRECTOR & OFFICER Former | 49 | $653,475 | $0 | $144,075 |
| NATHAN LAMBERT MD | Director Trustee or director | 55 | $707,926 | $0 | $65,594 |
| DAVID ARONOFF MD | Director/Chair Trustee or director, Officer | 55 | $639,732 | $0 | $13,202 |
| SHELLY TIMMONS MD | Former Director/Vice Chair Former | 55 | $530,154 | $0 | $31,242 |
| BRIAN D KREMER | FORMER KEY EMPLOYEE Former | 50 | $0 | $422,057 | $69,942 |
| MELISSA HOCKADAY | COO/CNO (PART YEAR) Key employee | 55 | $350,857 | $0 | $63,690 |
| RICHARD C ZELLARS MD | FORMER OFFICER Former | 55 | $366,571 | $0 | $43,202 |
| JUDITH L COLEMAN | CFO Officer | 55 | $0 | $331,226 | $56,719 |
| JEFFREY F PEIPERT MD | FORMER DIRECTOR AND OFFICER Former | 55 | $278,804 | $2,000 | $41,260 |
| JOHN F FITZGERALD MD | FORMER OFFICER Former | 53 | $5,222 | $276,381 | $32,469 |
| JUDY L HOLLINGSWORTH | FORMER KEY EMPLOYEE Former | 55 | $244,384 | $0 | $41,605 |
| JAY L HESS MD | DIRECTOR Trustee or director | 2 | $0 | $44,500 | $0 |
| JAMIE B DIMOND | DIRECTOR 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)
- David Ingram MD, 950 N MERIDIAN STREET 1200, INDIANAPOLIS, IN 46204
- Signed the 990
- Todd A Williams, VP & CFO
- Phone
- (317) 963-4842
Mission
To deliver preeminent medical care and service to our patients and communities through outstanding and innovative medical leadership and practice, while participating in and supporting excellence in education and research. We achieve this with the vision of becoming the Midwest's premier academic multi-specialty physician group by being: - Renowned for our scope and quality of compassionate, patient-centered care; world-class care. - Recognized for our exemplary access and service to patients and referring physicians, putting patients first. - Lauded for our ability to improve the health of community for which it serves. - Distinguished for our scientific investigation and research that defines tomorrow's care. - Celebrated for our commitment to the education and training of health professionals and acclaimed for the quality of our learners. - Acclaimed for our development of world-class academic leadership and the next generation of health care experts.
Program accomplishments
- INDIANA UNIVERSITY HEALTH CARE ASSOCIATES, INC. ("IU HEALTH PHYSICIANS") IS THE MOST COMPLETE MULTI-SPECIALTY PHYSICIAN GROUP IN THE STATE OF INDIANA. IU HEALTH PHYSICIANS PROVIDES HIGH QUALITY PATIENT-CENTERED CARE PLACING THE HIGHEST PRIORITY ON THE NEEDS OF THE PATIENT AND THEIR FAMILIES, WITHOUT REGARD TO THE PATIENT'S ABILITY TO PAY.Expenses $1,143,381,403 · grants $13,591,766 · revenue $920,141,598
- IU HEALTH PHYSICIANS PROVIDES SERVICES, WHICH INCLUDE COORDINATED ACTIVITIES AND POLICIES, TO RELATED TAX-EXEMPT ORGANIZATIONS DESIGNED TO MEET THE MISSION OF THE INDIANA UNIVERSITY HEALTH SYSTEM.Expenses $604,043,603 · revenue $486,106,950
- IU Health Care Associates leases physician office and clinic space to tax-exempt RELATED 501(C)(3) ORGS.Expenses $26,494,133 · revenue $21,321,279
- INCOME (LOSS) FROM PASS-THROUGH ENTITIESExpenses $4,242,695 · revenue $3,414,329
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-1747218
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E31Z)
- Assets (IRS master file)
- $299,949,660
- Income (IRS master file)
- $1,434,028,998
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,433,924,467 | $1,866,008,993 | $299,949,660 | XML |
| 990 | December 2023 | $1,283,406,061 | $1,735,477,743 | $191,252,481 | XML |
| 990 | December 2022 | $1,230,333,350 | $1,600,675,725 | $179,374,815 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 35-1747218).
Questions about INDIANA UNIVERSITY HEALTH CARE ASSOCIATES INC
- What is the EIN of INDIANA UNIVERSITY HEALTH CARE ASSOCIATES INC?
- The employer identification number (EIN) of INDIANA UNIVERSITY HEALTH CARE ASSOCIATES INC is 35-1747218.
- Is INDIANA UNIVERSITY HEALTH CARE ASSOCIATES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to INDIANA UNIVERSITY HEALTH CARE ASSOCIATES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDIANA UNIVERSITY HEALTH CARE ASSOCIATES 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 CARE ASSOCIATES 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 CARE ASSOCIATES 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 CARE ASSOCIATES INC?
- The 990 for the year ended December 31, 2024 names David Ingram MD.
- Who are the officers and directors of INDIANA UNIVERSITY HEALTH CARE ASSOCIATES INC?
- The 990 for the year ended December 31, 2024 lists 21 people; 14 received compensation from the organization, the highest $2,135,395 (BRADLEY N BOHNSTEDT MD, PHYSICIAN).
- How much revenue does INDIANA UNIVERSITY HEALTH CARE ASSOCIATES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,433,924,467, expenses of $1,866,008,993 and total assets of $299,949,660 at year end.
Other nonprofits in INDIANAPOLIS
- INDIANA UNIVERSITY HEALTH INC EIN 35-1955872 · last filed 990 for 2024
- COMMUNITY HEALTH NETWORK INC EIN 35-0983617 · last filed 990 for 2024
- MDWISE MEDICAID NETWORK INC EIN 47-3192307 · last filed 990 for 2025
- CARESOURCE INDIANA INC EIN 32-0121856 · last filed 990 for 2024
- INDIANA UNIVERSITY HEALTH BLOOMINGON INC EIN 35-1720796 · last filed 990 for 2024
- INDIANA UNIVERSITY HEALTH ARNETT INC EIN 26-3162145 · last filed 990 for 2024
- INDIANA UNIVERSITY HEALTH BALL MEMORIAL HOSPITAL INC EIN 35-0867958 · last filed 990 for 2024
- INDIANA UNIVERSITY HEALTH NORTH HOSPITAL INC EIN 35-1932442 · last filed 990 for 2024