Indiana University Health White Memorial Hospital Inc
Nonprofit profile at a glance
- EIN
- 273532963
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Indianapolis, IN, USA
- Phone
- 3179634842
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospitals and Related Primary Medical Care Facilities
Reported finances
- Revenue
- $56,053,462
- Expenses
- $49,159,131
- Assets
- $69,027,768
- Liabilities
- $5,033,308
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
30 people listed
Executive titles in this filing
- ARTHUR VASQUEZ (PRESIDENT (WCR))
Highest reported compensation
- RUBAN NIRMALAN MD (DIRECTOR): $1,064,882 total reported compensation
- ARTHUR VASQUEZ (PRESIDENT (WCR)): $1,018,917 total reported compensation
- ERIKA UGIANSKIS MD (DIRECTOR): $1,000,969 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Lead the transformation of healthcare through quality, innovation & education, and make Indiana one of the nation's healthiest states.
What it reported doing in 2024
Indiana university health white memorial hospital, inc. ("iu health white memorial hospital"), located in monticello, Indiana, is a 25-bed critical access hospital that offers a comprehensive range of services to care for its patients without regard to their ability to pay. All patient rooms are private and boast warm colors and natural light to enhance comfort and healing. A family-friendly environment offers pullout beds for overnight stays and wireless internet access. As part of its commitment to the community, the hospital offers several programs to benefit residents in the monticello area.
Operating model
- Revenue model
- Other-operating. 95% of the money available for current operations came from other operating 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 77
- Accountability: 66
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.1%; rating input score 85
- Program expense ratio: 96.3%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 40%; rating input score 40; 9th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 57.1%; rating input score 57; 15th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 12.3%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 1.4; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 86; 86th percentile among comparable filings
- Officer compensation ratio: 4.6%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 8.5% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 6.8% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 85.1% of revenue deployed · 96.3% of spending went to programs
- Governance: 8 of 14 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $47.4M in reported program spending
- Leadership: top reported pay $1.1M · 30 people listed · 4 of 6 pay-setting controls reported
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 49 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 — Accountability: Independent voting board scored 57/100.
- Moderate — Transparency & Controls: Grant itemization coverage scored 40/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.