Community Health Network
Legal name: Indiana Heart Hospital Llc
Nonprofit profile at a glance
- EIN
- 352123783
- IRS 990 coverage
- 2012–2014
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2014
- Location
- Indianapolis, IN, USA
- Phone
- 800-777-7775
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospitals and Related Primary Medical Care Facilities
Reported finances
- Revenue
- $92,199,041
- Expenses
- $68,448,976
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- JASON FAHRLANDER (CEO & PRES -)
- THOMAS MALASTO (FORMER CEO)
Highest reported compensation
- BRYAN A MILLS (DIRECTOR): $1,035,361 total reported compensation
- JEFFREY KIRKHAM (CFO CLINICAL): $542,931 total reported compensation
- ANTHONY JAVORKA (FORMER COO): $519,820 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission and vision of Indiana heart hospital is to revolutionize the delivery of cardiovascular services and dominate central Indiana in preference and marketplace.
What it reported doing in 2014
Indiana heart hospital, llc ("ihh"), operates a heart hospital in indianapolis, Indiana with 56 licensed beds. Ihh provides complete cardiovascular care including non-invasive diagnostic testing, interventional cardiology, electrophysiology, vascular surgery, open heart surgery and diagnostic catheterization. In 2014, ihh served 1,894 inpatients for a total of 7,864 inpatient days of service. Ihh also provided 31,710 outpatient visits which included 3,688 emergency visits.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 52
- Transparency & Controls: 76
- Accountability: 74
- Sustainability: 49
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.1%; rating input score 52
- Program expense ratio: 70.2%; rating input score 70
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 67th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 78.6%; rating input score 79; 30th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 25.8%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 2.4%; rating input score 43; 43rd percentile among comparable filings
Growth
- Program expense growth: -32.2% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: -12.4% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -69.9% per year; rating input score 0; 0th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 52.1% of revenue deployed · 70.2% of spending went to programs
- Governance: 11 of 14 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $48.1M in reported program spending
- Leadership: top reported pay $1M · 20 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.5M reported
- Consistency: 26 of 26 current checks pass
- Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 3 filing years from 2012 to 2014
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 37 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 52/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 43/100.