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Nonprofiteer
← LOUISIANA CHILDRENS MEDICAL CENTER

Form 990 for tax year 2022

Filed by LOUISIANA CHILDRENS MEDICAL CENTER.

Totals

Total revenue
$505,398,925
Total expenses
$530,281,678
Contributions and grants received
$13,723,051
Grants paid
$16,093,920
Program service revenue
$457,573,034
Investment income
$419,447
Other revenue
$33,683,393
Total assets, end of year
$3,121,083,959
Total liabilities, end of year
$1,431,970,959
Net assets or fund balances, end of year
$1,689,113,000
Program services expenses (Part IX)
$275,333,387
Management and general expenses
$254,948,291
Fundraising expenses
$0
Program service expenses (Part III)
$275,333,387

Program services were 51.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $4,394,502

  • 1e · Government grants (contributions)

    $8,863,502

  • 1f · All other contributions, gifts and grants

    $465,047

  • 2a · Program service revenue: WEST JEFFERSON PATIENT SERVICES

    total $283,167,807 · related or exempt $283,167,807

  • 2b · Program service revenue: LCMC MANAGEMENT FEE

    total $162,773,640 · related or exempt $162,773,640

  • 2c · Program service revenue: POPULATION HEALTH

    total $8,234,347 · related or exempt $8,234,347

  • 2d · Program service revenue: LHCS PATIENT SERVICES

    total $3,397,240 · related or exempt $3,397,240

  • 3 · Investment income

    total $419,447 · excluded $419,447

  • 6a · Gross rents

    real property $8,384,989

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $8,384,989

  • 6d · Net rental income or loss

    total $8,384,989 · related or exempt $8,384,989

  • 11a · Other revenue: 340B PRESCRIPTION REVENUE

    total $10,081,680 · related or exempt $10,081,680

  • 11b · Other revenue: WEST JEFFERSON NON-PATIENT SERVIC

    total $9,490,315 · related or exempt $9,490,315

  • 11c · Other revenue: LCMC OTHER REVENUE

    total $4,366,804 · related or exempt $4,366,804

  • 11d · All other revenue

    total $1,359,605 · related or exempt $1,359,605

  • 11e · Other revenue, total

    $25,298,404

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $16,093,920 · program services $16,093,920

  • 5 · Compensation of officers, directors and key employees

    total $12,581,854 · management and general $12,581,854

  • 7 · Other salaries and wages

    total $139,810,177 · program services $76,902,219 · management and general $62,907,958

  • 8 · Pension plan contributions

    total $4,019,673 · program services $2,042,194 · management and general $1,977,479

  • 9 · Other employee benefits

    total $10,911,496 · program services $3,962,787 · management and general $6,948,709

  • 10 · Payroll taxes

    total $9,839,474 · program services $5,409,562 · management and general $4,429,912

  • 11a · Fees: management

    total $26,231,615 · program services $24,724,724 · management and general $1,506,891

  • 11b · Fees: legal

    total $4,219,380 · program services $33 · management and general $4,219,347

  • 11c · Fees: accounting

    total $117,561 · management and general $117,561

  • 11d · Fees: lobbying

    total $639,085 · management and general $639,085

  • 11g · Fees: other

    total $107,371,305 · program services $58,144,607 · management and general $49,226,698

  • 12 · Advertising and promotion

    total $1,137,580 · program services $2,702 · management and general $1,134,878

  • 13 · Office expenses

    total $8,706,446 · program services $367,117 · management and general $8,339,329

  • 14 · Information technology

    total $34,754,210 · program services $87,166 · management and general $34,667,044

  • 16 · Occupancy

    total $8,306,996 · program services $1,797,302 · management and general $6,509,694

  • 17 · Travel

    total $206,129 · program services $64,943 · management and general $141,186

  • 19 · Conferences, conventions and meetings

    total $191,682 · program services $5,044 · management and general $186,638

  • 20 · Interest

    total $9,891,385 · management and general $9,891,385

  • 22 · Depreciation, depletion and amortization

    total $36,345,088 · program services $16,651,847 · management and general $19,693,241

  • 23 · Insurance

    total $3,268,275 · program services $105,603 · management and general $3,162,672

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $61,488,650 · program services $58,631,822 · management and general $2,856,828

  • 24b · Other expenses: ALL OTHER EXPENSES

    total $19,187,954 · program services $6,799,521 · management and general $12,388,433

  • 24c · Other expenses: LEASED FACILITIES & EQU

    total $10,033,947 · program services $2,216,297 · management and general $7,817,650

  • 24d · Other expenses: REPAIRS & MAINTENANCE

    total $4,888,434 · program services $1,284,615 · management and general $3,603,819

  • 24e · All other expenses

    total $39,362 · program services $39,362

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $43,599,626 · end of year $10,895,438

  • 4 · Accounts receivable

    beginning of year $66,563,444 · end of year $80,077,640

  • 5 · Loans and receivables from officers and key people

    beginning of year $2,643,818 · end of year $2,630,098

  • 7 · Other notes and loans receivable

    beginning of year $412,884,160 · end of year $438,373,836

  • 8 · Inventories for sale or use

    beginning of year $10,447,246 · end of year $9,437,554

  • 9 · Prepaid expenses and deferred charges

    beginning of year $180,609,392 · end of year $195,913,361

  • 10a · Land, buildings and equipment: cost or other basis

    $644,406,796

  • 10b · Land, buildings and equipment: accumulated depreciation

    $181,864,444

  • 10c · Land, buildings and equipment, net

    beginning of year $240,183,383 · end of year $462,542,352

  • 13 · Investments: program-related

    beginning of year $1,933,529,495 · end of year $1,889,115,404

  • 15 · Other assets

    beginning of year $49,832,153 · end of year $32,098,276

  • 17 · Accounts payable and accrued expenses

    beginning of year $74,977,778 · end of year $82,595,466

  • 19 · Deferred revenue

    beginning of year $33,910,257 · end of year $17,997,193

  • 20 · Tax-exempt bond liabilities

    beginning of year $522,251,116 · end of year $520,804,866

  • 23 · Secured mortgages and notes payable

    beginning of year $50,000,000 · end of year $300,000,000

  • 25 · Other liabilities

    beginning of year $285,665,566 · end of year $510,573,434

  • 27 · Net assets without donor restrictions

    beginning of year $1,973,400,997 · end of year $1,689,025,997

  • 28 · Net assets with donor restrictions

    beginning of year $87,003 · end of year $87,003

Mission and programs · 2022

Mission

SEE SCHEDULE O

Activities or mission (Part I)

HEALTH, CARE, AND EDUCATION BEYOND EXTRAORDINARY. THE PRIMARY PURPOSE OF (CONT'D ON SCHEDULE O) LCMC IS TO CREATE, MAINTAIN, AND GROW HEALTH CARE SERVICES CONSISTENT WITH ITS OPERATION OF WEST JEFFERSON MEDICAL CENTER AND THE CHARITABLE MISSION OF THE LCMC AFFILIATES. LCMC PROVIDES SUPPORT AND MANAGEMENT SERVICES TO THE SYSTEM ENTITIES SO THAT THE ENTITIES IN TURN CAN FOCUS THEIR EFFORTS ON CARRYING OUT THEIR EXEMPT PURPOSES.

  • LOUISIANA CHILDREN'S MEDICAL CENTER (LCMC) IS A LOUISIANA NON-STOCK NOT-FOR-PROFIT CORPORATION THAT WAS INCORPORATED IN 2009, WITH ITS FOUNDING MEMBER BEING CHILDREN'S HOSPITAL (CHILDREN'S). THROUGH A HEALTH CARE SYSTEM AGREEMENT (SYSTEM AGREEMENT) BETWEEN LCMC, CHILDREN'S, TOURO INFIRMARY AND ITS SUBSIDIARIES (TOURO), LCMC HEALTH HOLDINGS (EJGH)AND COOPERATIVE ENDEAVOR AGREEMENTS (CEAS) WITH UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION (UMCMC) AND WEST JEFFERSON HOLDINGS, LLC (WEST JEFFERSON), THESE PARTIES HAVE DETERMINED THAT TOGETHER THEY CAN PROVIDE A MULTI-HOSPITAL, NOT-FOR-PROFIT COMMUNITY-BASED, SYSTEM THAT WILL PROVIDE A CONTINUUM OF CARE TO THE FAMILIES OF THE GULF SOUTH REGION. LCMC, CHILDREN'S, TOURO, UMCMC, EJGH AND WEST JEFFERSON ARE HEREINAFTER (CONTINUED ON SCHEDULE O) COLLECTIVELY REFERRED TO AS THE SYSTEM. LCMC FUNCTIONS AS THE SYSTEM PARENT WITH RESERVE POWERS TO BE EXERCISED TO PROMOTE THE BEST INTERESTS OF THE SYSTEM AND ITS AFFILIATES. ALL CORPORATE POWERS OF THE SYSTEM ARE VESTED IN THE BOARD OF TRUSTEES OF LCMC. CHILDREN'S PROVIDES COMPREHENSIVE PEDIATRIC HEALTHCARE THAT MEETS THE SPECIAL NEEDS OF CHILDREN THROUGH EXCELLENCE AND CONTINUOUS IMPROVEMENT OF PATIENT CARE, EDUCATION, AND RESEARCH. TOURO, FORMED IN 1852, SERVES THE GREATER NEW ORLEANS COMMUNITY AS A PREMIER, DIVERSE, MULTI-SPECIALTY HOSPITAL, CARING FOR THE SICK REGARDLESS OF RACE, COLOR, CREED, RELIGIOUS AFFILIATION, OR ABILITY TO PAY. UMCMC OPERATES UNIVERSITY MEDICAL CENTER IN NEW ORLEANS (UMC). UMCMC IS A PROVIDER OF CHARITY CARE FOR THE UNINSURED AND PLAYS A VITAL ROLE AS A STATEWIDE REFERRAL CENTER FOR PATIENTS IN NEED OF TERTIARY CARE. UMCMC ALSO PROVIDES MEDICAL AND ALLIED HEALTH TRAINING THROUGH ITS AFFILIATION WITH ACADEMIC INSTITUTIONS TO STRENGTHEN AND ENHANCE OPPORTUNITIES TO ACHIEVE THE STATE'S MEDICAL EDUCATION, CLINICAL CARE, AND RESEARCH GOALS.IN TAX YEAR 2022, LCMC AND ITS AFFILIATES PROVIDED TOTAL COMMUNITY BENEFIT EXPENSE OF $1,064 MILLION. THIS AMOUNT REPRESENTED 45% OF THE AFFILIATES COMBINED TOTAL EXPENSE. LCMC AND ITS AFFILIATES PROVIDES SERVICES TO MANY LOW-INCOME RESIDENTS OF THE GREATER NEW ORLEANS AREA. IN 2022, $762 MILLION IN EXPENSE (33% OF THE AFFILIATES COMBINED TOTAL EXPENSE) WAS INCURRED IN PROVIDING SERVICES FOR MEDICAID RECIPIENTS AND IN PROVIDING FINANCIAL ASSISTANCE. TOURO, CHILDREN'S, AND OTHER HEALTH CARE PROVIDERS IN LOUISIANA HAVE COLLABORATED WITH THE STATE AND UNITS OF LOCAL GOVERNMENT IN LOUISIANA, TO MORE FULLY FUND THE MEDICAID PROGRAM AND ENSURE THE AVAILABILITY OF QUALITY HEALTHCARE SERVICES FOR THE LOW INCOME AND NEEDY RESIDENTS IN THE COMMUNITY POPULATION. THE PROVISION FOR THIS CHARITY CARE DIRECTLY TO LOW INCOME AND NEEDY PATIENTS WILL RESULT IN THE ALLEVIATION OF THE EXPENSE OF PUBLIC FUNDS THE GOVERNMENTAL ENTITIES PREVIOUSLY EXPENDED ON SUCH CARE, THEREBY ALLOWING THE GOVERNMENTAL ENTITIES TO INCREASE SUPPORT FOR THE STATE MEDICAID PROGRAM UP TO THE FEDERAL MEDICAID UPPER PAYMENT LIMITS (UPL). EACH STATE'S METHODOLOGY MUST COMPLY WITH ITS STATE PLAN AND BE APPROVED BY THE CENTERS FOR MEDICARE & MEDICAID SERVICES (CMS). FEDERAL MATCHING FUNDS ARE NOT AVAILABLE FOR MEDICAID PAYMENTS THAT EXCEED UPLS. IN TAX YEAR 2022, THE SYSTEM RECEIVED UPL PAYMENTS OF APPROXIMATELY $337.9 MILLION, WHICH ARE INCLUDED IN DIRECT OFFSETTING REVENUE ON PART I, LINE 7B IN SCHEDULE H OF THE RESPECTIVE HOSPITAL'S 990S.

    Expenses $51,931,228 · Grants $16,093,920 · Revenue $181,421,218

  • THE HOSPITAL PROVIDES INPATIENT, OUTPATIENT, EMERGENCY AND CRITICAL CARE, HOME HEALTH, AND REHABILITATION SERVICES. THE HOSPITAL HAS A TOTAL OF 357 LICENSED PATIENT BEDS. THE HOSPITAL TREATED 12,093 INPATIENTS AND HAD 57,555 OUTPATIENT VISITS DURING 2022. THERE WERE 8,531 SURGERIES (INPATIENT, OUTPATIENT, AND AMBULATORY SURGERY CENTER), 51,440 EMERGENCY DEPARTMENT VISITS AND 1,405 BABIES DELIVERED.

    Expenses $214,325,498 · Revenue $308,479,291

  • COMMUNITY HEALTH SERVICES AND COMMUNITY BENEFIT OPERATIONS PROVIDE FREE HEALTH EDUCATION PROGRAMS AND SCREENINGS TO THE COMMUNITY. THESE PROGRAMS ARE DESIGNED TO FOCUS ON SOME OF THE MOST PREVALENT DISEASES WITHIN THE COMMUNITY, SUCH AS DIABETES, HEART DISEASE AND CANCER. THESE PROGRAMS ADDRESS PREVENTION, EARLY DETECTION, TREATMENT AND MAINTAINING HEALTHY LIFESTYLES.

    Expenses $9,076,661 · Revenue $1,355,918

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gregory C Feirn

    PRESIDENT & CEO

    Total calculated
    $2,473,721
    From this org
    $2,439,917
    From related orgs
    $0
    Other
    $33,804
    Hours/week
    46 + 9 related

    Schedule J breakdown matched by us

    Base
    $2,035,199
    Bonus
    $393,303
    Other
    $11,415
    Deferred
    $12,200
    Nontaxable benefits
    $21,604
    Filer's total
    $2,473,721
  • John Heaton MD

    PRESIDENT OF CLIN. AND SYS

    Total calculated
    $1,024,954
    From this org
    $996,323
    From related orgs
    $0
    Other
    $28,631
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $786,476
    Bonus
    $193,530
    Other
    $16,317
    Deferred
    $12,200
    Nontaxable benefits
    $16,431
    Filer's total
    $1,024,954
  • Suzzane Haggard

    CHIEF REVENUE OFFICER

    Total calculated
    $761,596
    From this org
    $737,638
    From related orgs
    $0
    Other
    $23,958
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $657,286
    Bonus
    $65,835
    Other
    $14,517
    Deferred
    $12,200
    Nontaxable benefits
    $11,758
    Filer's total
    $761,596
  • Joann Kunkel

    CHIEF FINANCIAL OFFICER

    Total calculated
    $935,708
    From this org
    $922,683
    From related orgs
    $0
    Other
    $13,025
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $792,059
    Bonus
    $100,000
    Other
    $30,624
    Deferred
    $12,200
    Nontaxable benefits
    $825
    Filer's total
    $935,708
  • Gregory Nielsen

    CHIEF OPERATING OFFICER

    Total calculated
    $774,046
    From this org
    $742,070
    From related orgs
    $0
    Other
    $31,976
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $692,043
    Bonus
    $10,129
    Other
    $39,898
    Deferred
    $12,200
    Nontaxable benefits
    $19,776
    Filer's total
    $774,046
  • Jody Martin

    SVP CHIEF LEGAL OFFICER

    Total calculated
    $594,801
    From this org
    $580,209
    From related orgs
    $0
    Other
    $14,592
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $478,377
    Bonus
    $92,217
    Other
    $9,615
    Deferred
    $7,908
    Nontaxable benefits
    $6,684
    Filer's total
    $594,801
  • Scott C Landry

    SR. VP FAC MGT/SUP SVCS-LC

    Total calculated
    $351,727
    From this org
    $328,026
    From related orgs
    $0
    Other
    $23,701
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $264,129
    Bonus
    $53,055
    Other
    $10,842
    Deferred
    $6,100
    Nontaxable benefits
    $17,601
    Filer's total
    $351,727
  • Christine Albert

    SVP - MARKETING & COMMUNI

    Total calculated
    $556,145
    From this org
    $537,261
    From related orgs
    $0
    Other
    $18,884
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $452,004
    Bonus
    $76,554
    Other
    $8,703
    Deferred
    $12,200
    Nontaxable benefits
    $6,684
    Filer's total
    $556,145
  • Chad Courrege

    SVP - HUMAN RESOURCES

    Total calculated
    $531,343
    From this org
    $492,272
    From related orgs
    $0
    Other
    $39,071
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $400,256
    Bonus
    $80,121
    Other
    $11,895
    Deferred
    $12,200
    Nontaxable benefits
    $26,871
    Filer's total
    $531,343
  • Tanya Kennedy

    CHIEF INFORMATION OFFICER

    Total calculated
    $585,405
    From this org
    $551,027
    From related orgs
    $0
    Other
    $34,378
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $452,576
    Bonus
    $89,748
    Other
    $8,703
    Deferred
    $12,200
    Nontaxable benefits
    $22,178
    Filer's total
    $585,405
  • Ayame Dinkler

    CHIEF ADMINISTRATIVE OFFIC

    Total calculated
    $459,799
    From this org
    $435,213
    From related orgs
    $0
    Other
    $24,586
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $358,397
    Bonus
    $68,797
    Other
    $8,019
    Deferred
    $12,200
    Nontaxable benefits
    $12,386
    Filer's total
    $459,799
  • Robin McGoey

    CHIEF ACADEMIC OFFICER

    Total calculated
    $468,046
    From this org
    $429,903
    From related orgs
    $0
    Other
    $38,143
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $370,752
    Bonus
    $55,536
    Other
    $3,615
    Deferred
    $12,200
    Nontaxable benefits
    $25,943
    Filer's total
    $468,046
  • Robert Calhoun

    CEO - WEST JEFFERSON HOLDI

    Total calculated
    $612,900
    From this org
    $584,274
    From related orgs
    $0
    Other
    $28,626
    Hours/week
    54 + 1 related

    Schedule J breakdown matched by us

    Base
    $469,025
    Bonus
    $114,256
    Other
    $993
    Deferred
    $6,100
    Nontaxable benefits
    $22,526
    Filer's total
    $612,900
  • Russell Russo

    PHYSICIAN

    Total calculated
    $960,320
    From this org
    $922,192
    From related orgs
    $0
    Other
    $38,128
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $683,399
    Bonus
    $236,774
    Other
    $2,019
    Deferred
    $12,200
    Nontaxable benefits
    $25,928
    Filer's total
    $960,320
  • Charles Ballay II

    PHYSICIAN

    Total calculated
    $623,070
    From this org
    $588,768
    From related orgs
    $0
    Other
    $34,302
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $587,775
    Bonus
    $0
    Other
    $993
    Deferred
    $12,200
    Nontaxable benefits
    $22,102
    Filer's total
    $623,070
  • Robert Chugden

    PHYSICIAN

    Total calculated
    $565,856
    From this org
    $532,674
    From related orgs
    $0
    Other
    $33,182
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $444,027
    Bonus
    $87,654
    Other
    $993
    Deferred
    $12,200
    Nontaxable benefits
    $20,982
    Filer's total
    $565,856
  • Damon M Dietrich

    CHIEF MED INFORMATION OFFI

    Total calculated
    $526,656
    From this org
    $505,114
    From related orgs
    $0
    Other
    $21,542
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $437,217
    Bonus
    $65,194
    Other
    $2,703
    Deferred
    $12,200
    Nontaxable benefits
    $9,342
    Filer's total
    $526,656
  • Kim-Anh Tran

    PHYSICIAN

    Total calculated
    $514,040
    From this org
    $480,805
    From related orgs
    $0
    Other
    $33,235
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $479,812
    Bonus
    $0
    Other
    $993
    Deferred
    $12,200
    Nontaxable benefits
    $21,035
    Filer's total
    $514,040
  • Jennifer B Sarpalius

    FORMER CHIEF FINANCIAL OFFICER

    Total calculated
    $469,583
    From this org
    $451,700
    From related orgs
    $0
    Other
    $17,883
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $451,700
    Deferred
    $12,200
    Nontaxable benefits
    $5,683
    Filer's total
    $469,583
  • Leon J Reymond III

    BOARD CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Ruth Kullman

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Theodore Ted Le Clercq

    BOARD SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Katie Andry Crosby

    PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Leonard Bok MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brian Barkmeyer MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ralph O Brennan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Chip Cahill

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Elwood F Cahill Jr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Frank Divencenti MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Stephen Hales MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • A Whitfield Huguley IV

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dottie Reese

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Hugh W Long PhD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Alden McDonald

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Anthoney Recasner PhD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Monica R Sylvain PhD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sharonda Williams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • William F Von Almen II MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Knight Worley MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Julie Livaudais George

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Cindy Howson Weinmann

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jamiee Collins

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Christopher Roth MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jill Israel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Paul Gladden

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dr Robert Matheney

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Boysie Bollinger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
BASE COMPENSATION, INCENTIVE COMPENSATION AND ALL OTHER REPORTABLE AND NON-REPORTABLE COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE IS A SUBSET OF THE BOARD OF TRUSTEES. DECISIONS MADE BY THE EXECUTIVE COMMITTEE ARE DOCUMENTED AND REPORTED IN SUMMARY TO THE FULL BOARD OF TRUSTEES. IN ADDITION TO BOARD REVIEW, THIRD-PARTY CONSULTANTS PERIODICALLY REVIEW COMPENSATION AND INCENTIVE AMOUNTS TO ENSURE MARKET REASONABLENESS AND COMPETITIVENESS. THIRD-PARTY PREPARED COMPENSATION AND INCENTIVE REVIEW IS PRESENTED TO THE EXECUTIVE COMMITTEE.
PART I, LINE 4A
IN 2022, JENNIFER SARPALIUS RECEIVED SEVERANCE PAYMENTS IN THE AMOUNT OF $451,700 FROM THE ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • LSU FOUNDATION

    $15,918,920

    DURING THE YEAR ENDED DECEMBER 31, 2022, LCMC DONATED A TOTAL OF $15,918,920 TO LSU FOUNDATION. THIS SUPPORT INCLUDES $5,000,000 TO THE CANCER RESEARCH ENDOWMENT, $10,000,000 TO THE SCIENCE BUILDING AND $918,920 FOR NURSING SUPPORT EDUCATION.

  • COKE SALES COMMISSIONS GO DIRECTLY TO THE LA REHAB WORK(BLIND PROGRAM).

  • TOURO INFIRMARY

    $87,500

    COKE SALES COMMISSIONS GO DIRECTLY TO THE LA REHAB WORK (BLIND PROGRAM).

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • WEST JEFFERSON HOLDINGS LLC

    FULL-SERVICE COMMUNITY HOSPITAL · LA · income $317,964,295 · assets $395,828,255

    Directly controlled by LOUISIANA CHILDREN'S MEDICAL CENTER (LCMC)

  • LCMC HEALTHCARE SERVICES LLC DBA NOLA PHYSICIAN GROUP

    PHYSICIAN PRACTICES · LA · income $3,444,438 · assets $2,490,930

    Directly controlled by LOUISIANA CHILDREN'S MEDICAL CENTER (LCMC)

  • WEST JEFFERSON CT SCAN LLC

    DIAGNOSTIC IMAGING · LA

    Directly controlled by WEST JEFFERSON HOLDINGS LLC

  • LCMC HEALTHCARE PARTNERS LLC

    CLINICAL INTEGRATION NETWORK · LA · income $8,234,347 · assets $4,998,234

    Directly controlled by LOUISIANA CHILDREN'S MEDICAL CENTER (LCMC)

  • LHP ACCOUNTABLE CARE LLC

    CLINICAL INTEGRATION NETWORK · LA

    Directly controlled by LOUISIANA CHILDREN'S MEDICAL CENTER (LCMC)

  • LCMC HEALTH CLINICAL SUPPORT LLC

    CLINICAL SERVICES · LA · assets $21,287

    Directly controlled by LOUISIANA CHILDREN'S MEDICAL CENTER (LCMC)

  • NEW ORLEANS CLINICAL SERVICES LLC

    PHYSICIAN PRACTICES · LA · income $2,986,794 · assets $3,317,776

    Directly controlled by LOUISIANA CHILDREN'S MEDICAL CENTER (LCMC)

  • LCMC HEALTH PHARMACY SERVICES LLC

    PHARMACEUTICAL SERVICES · LA · income $639,122 · assets $1,423,680

    Directly controlled by LOUISIANA CHILDREN'S MEDICAL CENTER (LCMC)

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • COMMUNITY SERVICES COLLABORATIVE

    RELATED · MEDICAL COLLABORATION · LA · 50% owned · share of income $1,262 · share of assets $142,687 · general or managing partner

    Directly controlled by WEST JEFFERSON HOLDINGS

  • CRESCENT CITY RESEARCH CONSORTIUM LLC

    RELATED · MEDICAL RESEARCH · LA · 50% owned · share of income $1,742 · general or managing partner

    Directly controlled by WEST JEFFERSON HOLDINGS

  • TIJV

    RELATED · IMAGING CENTER RENTAL · LA · 79% owned · share of income $341,738 · share of assets $1,838,579

    Directly controlled by TOURO

  • EAST JEFFERSON SURGERY CENTER LLC

    RELATED · OUTPATIENT SURGERY · LA · 51% owned · share of income $365,903 · share of assets $1,125,931

    Directly controlled by LCMC HEALTH HOLDINGS

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CRESCENT CITY PHYSICIANS INC

    C · HEALTHCARE · LA · 100% owned · share of income -$3,040,906 · share of assets $62,250,699 · controlled entity

    Directly controlled by TOURO

  • BUCKMAN MEDICAL OFFICE BUILDING CONDOMINIUM ASSOCIATION

    C · REAL ESTATE · LA · 92% owned · share of assets $216,755 · controlled entity

    Directly controlled by TOURO

  • PRYTANIA MEDICAL COMPLEX OWNERS ASSOCIATION

    C · REAL ESTATE · LA · 80% owned · share of assets $205,322 · controlled entity

    Directly controlled by TOURO

Provenance

Return type
form_990
Tax year
2022
Filed
12 February 2024
IRS schema version
2022v5.0
Source object
202400459349300610

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