Indiana University Health Care Associates Inc

Public charity · Grantmaker Indianapolis, IN EIN: 35-1747218

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.

Indiana University Health Care Associates Inc at a glance

In short: Indiana University Health Care Associates Inc gave $13.6M across 1 grant in 2024 (avg $13.6M), mostly in Indiana. Source: 2024 IRS Form 990.

Annual giving (2024)
$13,590,016
Grants made (2024)
1
Average grant
$13,590,016
Median grant
$13,590,016
Total assets
$299,949,660
+56.8% vs 2023
Primary geography
Indiana (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who Indiana University Health Care Associates Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Indiana University School of Medicine: $13.6MIndiana University School ofMedicine$13.6M

The largest 2024 recipient was Indiana University School of Medicine ($13.6M).

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M4$5M+

The most common grant size was $5M or more: 4 grants of 4 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

IndianapolisBloomington

How Indiana University Health Care Associates Inc gives

  • Giving fell 44% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$30M1 grant2020 1 grant2021 1 grant2022 0 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $13.6M (2024) to $29.0M (2022). In 2024 it made 1 grant totaling $13.6M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Indiana University School of Medicine Bloomington, INPhysician Faculty Access to Care (PFAC)$13,590,016
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$299,949,660$1,433,924,467$1,866,008,993$13,590,0161$-104,531
2023$191,252,481$1,283,406,061$1,735,477,743——$437,774
2022$179,374,815$1,230,333,350$1,600,675,725$29,018,9921$429,807
2021$204,039,501$1,076,786,666$1,422,209,334$24,357,9131$631,721
2020$196,785,353$866,260,002$1,190,225,988$16,655,9391$351,080

About Indiana University Health Care Associates Inc

Based on IRS filings

Indiana University Health Care Associates Inc is a public charity focused on Health, based in Indianapolis, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $299.9M in total assets. In 2024, it awarded 1 grant totaling $13.6M.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Indiana University Health Care Associates Inc is led by David A. Ingram MD, Interim President since 2024 (on filings since 2020); 14 of 21 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • David A. Ingram MD

    Interim President

    President → Former Officer, 2022

    Former Officer → Interim President, 2024

    On filings since 2020

    2 hrs/week

    $946K (2020) → $1.5M (2024)

  • Michele S. Saysana MD

    President

    New on the 2024 filing

    49 hrs/week

    $629K (2024)

  • Ryan D. Nagy MD

    President

    New on the 2024 filing

    1 hr/week

    $1.4M (2024)

  • David Aronoff MD

    Director & Chair

    Director & Vice Chair - → Director & Chair, 2023

    On filings since 2022

    55 hrs/week

    $602K (2022) → $590K (2024)

  • Nathan Lambert MD

    Director

    Director & Vice Chair → Director & Chair, 2022

    Director & Chair → Director, 2023

    On filings since 2021

    55 hrs/week

    $646K (2021) → $805K (2024)

  • Karl Bilimoria

    Director & Vice Chair

    On filings since 2023

    55 hrs/week

    $891K (2023) → $855K (2024)

  • Jamie B. Dimond

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jay L. Hess MD

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Kenneth D. Puckett

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Brian T. Shockney

    Director

    On filings since 2023

    10 hrs/week

    No compensation reported

  • Brian D. Kremer

    Former Key Employee

    COO & Vice President - Medical Affairs → Former Key Employee, 2021

    On filings since 2020

    50 hrs/week

    $413K (2020) → $0 (2024)

  • Himanshu Shah MD

    Former Officer

    Director, Vice Chair, Interim President & President → President, 2022

    President → Former Officer, 2024

    On filings since 2020

    55 hrs/week

    $539K (2020) → $461K (2024)

  • Jeffrey F. Peipert MD

    Former Director & Officer

    Director & Vice Chair → Director & Chair, 2021

    Director & Chair → Former Director & Officer, 2022

    On filings since 2020

    55 hrs/week

    $279K (2020) → $128K (2024)

  • Mark W. Turrentine MD

    Division Chief

    On filings since 2020

    55 hrs/week

    $1.5M (2020) → $1.6M (2024)

  • Melissa Hockaday

    COO & Cno

    Vice President - Cno - Iu Health Phys → Vice President - Cno & COO - Iu Health Phys, 2021

    Vice President - Cno & COO - Iu Health Phys → COO & Cno, 2022

    On filings since 2020

    55 hrs/week

    $289K (2020) → $391K (2024)

  • Richard C. Zellars MD

    Former Officer

    On filings since 2020

    55 hrs/week

    $367K (2020) → $367K (2024)

  • Bradley N. Bohnstedt MD

    Physician

    On filings since 2021

    55 hrs/week

    $1.8M (2021) → $2.1M (2024)

  • Xiaotao F. Qian MD

    Physician

    On filings since 2023

    55 hrs/week

    $1.8M (2023) → $1.9M (2024)

  • Peter T. Zavislak MD

    Physician

    New on the 2024 filing

    55 hrs/week

    $1.4M (2024)

  • Judith L. Coleman

    CFO

    On filings since 2020

    55 hrs/week

    No compensation reported

  • Todd A. Williams

    CFO

    New on the 2024 filing

    25 hrs/week

    No compensation reported

Former officers (15)
  • Former: John F. Fitzgerald MD (2020–2023) — Former Officer
  • Former: Judy L. Hollingsworth (2020–2023) — Former Key Employee
  • Former: Kevin B. Gebke MD (2020–2023) — Former Director & Officer
  • Former: Michelle A. Janney RN (2020–2023) — Director
  • Former: Brett Hartman MD (2021–2023) — Physician
  • Former: Shelly Timmons MD (2021–2023) — Former Director & Vice Chair
  • Former: Stephen M Oleszkiewicz (2023) — Physician
  • Former: Robert M. Meneghini MD (2020–2022) — Physician
  • Former: Mitesh Shah MD (2021–2022) — Vice Chair of Clinical Affairs
  • Former: Celia D. Surface-Bruder (2020–2021) — Former Key Employee
  • Former: Alan Ladd MD (2020) — Staff Physician
  • Former: Cherri Hobgood (2020) — Former Officer
  • Former: Jason Watters MD (2020) — Staff Physician
  • Former: Karl Shively MD (2020) — Vice Chair-Clinical Affairs
  • Former: Peter W. Brunn (2020) — Former Key Employee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Bradley N Bohnstedt MD — Physician: $2.1MBradley N Bohnstedt MDPhysician$2.1MXiaotao F Qian MD — Physician: $1.9MXiaotao F Qian MDPhysician$1.9MMark W Turrentine MD — Division Chief: $1.6MMark W Turrentine MDDivision Chief$1.6MDavid a Ingram MD — Interim President (Part Year): $1.5MDavid a Ingram MDInterim President (Part Year)$1.5MRyan D Nagy MD — President (Aahc): $1.4MRyan D Nagy MDPresident (Aahc)$1.4MPeter T Zavislak MD — Physician: $1.4MPeter T Zavislak MDPhysician$1.4MKarl Bilimoria — Director/Vice Chair: $855KKarl BilimoriaDirector/Vice Chair$855KNathan Lambert MD — Director: $805KNathan Lambert MDDirector$805KMichele S Saysana MD — President (Part Year): $629KMichele S Saysana MDPresident (Part Year)$629KDavid Aronoff MD — Director/Chair: $590KDavid Aronoff MDDirector/Chair$590KHimanshu Shah MD — Former Officer: $461KHimanshu Shah MDFormer Officer$461KMelissa Hockaday — COO/CNO: $391KMelissa HockadayCOO/CNO$391KRichard C Zellars MD — Former Officer: $367KRichard C Zellars MDFormer Officer$367KJeffrey F Peipert MD — Former Director and Officer: $128KJeffrey F Peipert MDFormer Director and Officer$128K

The highest reported compensation on the 2024 filing was $2.1M, to Bradley N Bohnstedt MD (Physician). 14 officers or directors reported compensation on that filing.

Frequently asked questions about Indiana University Health Care Associates Inc

How much does Indiana University Health Care Associates Inc give each year?

Indiana University Health Care Associates Inc gave $13.6M across 1 grant in 2024, according to its 2024 IRS Form 990.

How large is Indiana University Health Care Associates Inc?

Indiana University Health Care Associates Inc reported $299.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.4B.

What is Indiana University Health Care Associates Inc?

Indiana University Health Care Associates Inc is a public charity focused on Health, based in Indianapolis, IN. It holds $299.9M in total assets as of 2024.

Where does Indiana University Health Care Associates Inc operate?

Indiana University Health Care Associates Inc has awarded grants in Indiana.

What is Indiana University Health Care Associates Inc's EIN?

Indiana University Health Care Associates Inc's EIN (Employer Identification Number) is 35-1747218. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
  5. IRS filings on file for fiscal years 2020–2024

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