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Nonprofiteer
← OCHSNER CLINIC FOUNDATION

Form 990 for tax year 2022

Filed by OCHSNER CLINIC FOUNDATION.

Totals

Total revenue
$5,075,999,430
Total expenses
$5,042,071,077
Contributions and grants received
$165,439,323
Grants paid
$8,294,243
Program services expenses (Part IX)
$4,220,600,996
Management and general expenses
$814,704,685
Fundraising expenses
$6,765,396
Program service expenses (Part III)
$4,220,600,996

Program services were 83.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • VINCENT R ADOLPH MD

    BOARD MEMBER/REGIONAL MEDICAL DIRECT

    Total calculated
    $945,256
    From this org
    $921,944
    From related orgs
    $0
    Other
    $23,312
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $700,915
    Bonus
    $150,000
    Other
    $71,029
    Deferred
    $6,800
    Nontaxable benefits
    $16,512
    Filer's total
    $945,256

  • KAREN B BLESSEY MD

    BOARD MEMBER/SENIOR PHYSICIAN

    Total calculated
    $350,478
    From this org
    $343,505
    From related orgs
    $0
    Other
    $6,973
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $323,935
    Bonus
    $10,940
    Other
    $8,630
    Deferred
    $6,800
    Nontaxable benefits
    $173
    Filer's total
    $350,478

  • CUONG Q BUI MD

    BOARD MEMBER/SENIOR PHYSICIAN

    Total calculated
    $1,555,809
    From this org
    $1,522,703
    From related orgs
    $0
    Other
    $33,106
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,466,921
    Bonus
    $23,700
    Other
    $32,082
    Deferred
    $6,800
    Nontaxable benefits
    $26,306
    Filer's total
    $1,555,809

  • BEN DOGA MD

    COMMUNITY DIRECTOR

    Total calculated
    $55,536
    From this org
    $55,536
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • JOHN EVANS

    COMMUNITY DIRECTOR

    Total calculated
    $51,745
    From this org
    $51,745
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • SUSAN HUGHEY GUNN MD

    BOARD MEMBER/SENIOR PHYSICIAN

    Total calculated
    $448,970
    From this org
    $420,124
    From related orgs
    $0
    Other
    $28,846
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $395,864
    Bonus
    $1,500
    Other
    $22,760
    Deferred
    $6,800
    Nontaxable benefits
    $22,046
    Filer's total
    $448,970

  • WILLIAM H HINES

    COMMUNITY DIRECTOR

    Total calculated
    $67,083
    From this org
    $67,083
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • SUMA JAIN MD

    BOARD MEMBER/SENIOR PHYSICIAN

    Total calculated
    $410,686
    From this org
    $401,379
    From related orgs
    $0
    Other
    $9,307
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $399,082
    Bonus
    $1,500
    Other
    $797
    Deferred
    $6,800
    Nontaxable benefits
    $2,507
    Filer's total
    $410,686

  • ALISHA M LACOUR MD

    BOARD MEMBER/RMD (BEG: 11/22)

    Total calculated
    $417,843
    From this org
    $410,708
    From related orgs
    $0
    Other
    $7,135
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $341,558
    Bonus
    $49,375
    Other
    $19,775
    Deferred
    $6,800
    Nontaxable benefits
    $335
    Filer's total
    $417,843

  • R PARKER LECORGNE

    COMMUNITY DIRECTOR

    Total calculated
    $56,248
    From this org
    $56,248
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • JAMES E MAURIN

    COMMUNITY DIRECTOR

    Total calculated
    $7,634
    From this org
    $7,634
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • SUZANNE T MESTAYER

    PAST CHAIR/COMMUNITY DIRECTOR

    Total calculated
    $69,379
    From this org
    $69,379
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • MANDI MITCHELL

    COMMUNITY DIRECTOR (END: 06/2022)

    Total calculated
    $13,485
    From this org
    $13,485
    From related orgs
    $0
    Other
    $0
    Hours/week
    5 + 2 related

  • PETER C NOVEMBER

    CEO / BOARD MEMBER (BEG: 11/2022)

    Total calculated
    $3,953,951
    From this org
    $3,923,201
    From related orgs
    $0
    Other
    $30,750
    Hours/week
    42 + 8 related

    Schedule J breakdown matched by us

    Base
    $1,211,021
    Bonus
    $1,496,000
    Other
    $1,216,180
    Deferred
    $6,800
    Nontaxable benefits
    $23,950
    Filer's total
    $3,953,951

  • JEFFERSON G PARKER

    COMMUNITY DIRECTOR

    Total calculated
    $9,914
    From this org
    $9,914
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • ROBERT J PATRICK

    COMMUNITY DIRECTOR

    Total calculated
    $10,883
    From this org
    $10,883
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • JARED QUOYESER

    COMMUNITY DIRECTOR (BEG: 06/2022)

    Total calculated
    $16,332
    From this org
    $16,332
    From related orgs
    $0
    Other
    $0
    Hours/week
    5 + 2 related

  • TIMOTHY L RIDDELL MD

    BOARD /CEO-NS & MS GC (BEG: 11/22)

    Total calculated
    $682,953
    From this org
    $666,959
    From related orgs
    $0
    Other
    $15,994
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $483,309
    Bonus
    $155,000
    Other
    $28,650
    Deferred
    $6,800
    Nontaxable benefits
    $9,194
    Filer's total
    $682,953

  • VICTORIA A SMITH MD

    BOARD MEMBER/SENIOR PHYSICIAN

    Total calculated
    $422,872
    From this org
    $399,512
    From related orgs
    $0
    Other
    $23,360
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $182,799
    Bonus
    $43,270
    Other
    $173,443
    Deferred
    $6,800
    Nontaxable benefits
    $16,560
    Filer's total
    $422,872

  • WILLIAM SUMRALL III MD

    BOARD MEMBER/SENIOR PHYSICIAN

    Total calculated
    $777,086
    From this org
    $746,690
    From related orgs
    $0
    Other
    $30,396
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $672,644
    Bonus
    $30,100
    Other
    $43,946
    Deferred
    $6,800
    Nontaxable benefits
    $23,596
    Filer's total
    $777,086

  • JOSE S SUQUET

    COMMUNITY DIRECTOR

    Total calculated
    $10,654
    From this org
    $10,654
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • WARNER L THOMAS

    PRES/CEO/BOARD MEMBER (END: 11/2022)

    Total calculated
    $10,020,836
    From this org
    $10,003,805
    From related orgs
    $0
    Other
    $17,031
    Hours/week
    44 + 6 related

    Schedule J breakdown matched by us

    Base
    $2,987,522
    Bonus
    $6,702,500
    Other
    $313,783
    Deferred
    $0
    Nontaxable benefits
    $17,031
    Filer's total
    $10,020,836

  • H DAVID WILSON

    COMMUNITY DIRECTOR

    Total calculated
    $56,294
    From this org
    $56,294
    From related orgs
    $0
    Other
    $0
    Hours/week
    5 + 2 related

  • ANDREW B WISDOM

    COMMUNITY DIRECTOR, BOARD CHAIR

    Total calculated
    $90,884
    From this org
    $90,884
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • ROBERT I HART MD

    CHIEF PHYS EXEC & PRES, OCH CLINIC (BEG: 11/22)

    Total calculated
    $2,179,764
    From this org
    $2,015,533
    From related orgs
    $0
    Other
    $164,231
    Hours/week
    48 + 2 related

    Schedule J breakdown matched by us

    Base
    $971,890
    Bonus
    $980,000
    Other
    $63,643
    Deferred
    $146,300
    Nontaxable benefits
    $17,931
    Filer's total
    $2,179,764

  • MICHAEL F HULEFELD

    PRESIDENT & CHIEF OPERATING OFFICER (BEG: 11/2022)

    Total calculated
    $4,516,646
    From this org
    $4,486,995
    From related orgs
    $0
    Other
    $29,651
    Hours/week
    44 + 6 related

    Schedule J breakdown matched by us

    Base
    $1,152,888
    Bonus
    $1,843,500
    Other
    $1,490,607
    Deferred
    $6,800
    Nontaxable benefits
    $22,851
    Filer's total
    $4,516,646

  • SCOTT J POSECAI

    EVP-CFO AND TREASURER (BEG: 11/22)

    Total calculated
    $2,478,458
    From this org
    $2,445,735
    From related orgs
    $0
    Other
    $32,723
    Hours/week
    44 + 6 related

    Schedule J breakdown matched by us

    Base
    $907,306
    Bonus
    $600,000
    Other
    $938,429
    Deferred
    $6,800
    Nontaxable benefits
    $25,923
    Filer's total
    $2,478,458

  • TRACEY SCHIRO

    EVP-CHIEF HR & ADMIN OFF (BEG: 11/22)

    Total calculated
    $2,169,842
    From this org
    $1,905,543
    From related orgs
    $0
    Other
    $264,299
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $654,956
    Bonus
    $1,025,000
    Other
    $225,587
    Deferred
    $239,495
    Nontaxable benefits
    $24,804
    Filer's total
    $2,169,842

  • SHELLEY S TYNAN

    SYS VP-LEGAL/GEN COUN, SEC (BEG: (9/22)

    Total calculated
    $825,835
    From this org
    $789,273
    From related orgs
    $0
    Other
    $36,562
    Hours/week
    45 + 5 related

    Schedule J breakdown matched by us

    Base
    $568,034
    Bonus
    $179,937
    Other
    $41,302
    Deferred
    $6,800
    Nontaxable benefits
    $29,762
    Filer's total
    $825,835

  • CHARLES D DAIGLE

    CEO-N LA & BR/LC REGION

    Total calculated
    $883,645
    From this org
    $852,861
    From related orgs
    $0
    Other
    $30,784
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $613,042
    Bonus
    $187,500
    Other
    $52,319
    Deferred
    $6,800
    Nontaxable benefits
    $23,984
    Filer's total
    $883,645

  • BRADLEY R GOODSON

    CEO-OMC

    Total calculated
    $726,611
    From this org
    $697,255
    From related orgs
    $0
    Other
    $29,356
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $517,146
    Bonus
    $142,397
    Other
    $37,712
    Deferred
    $6,800
    Nontaxable benefits
    $22,556
    Filer's total
    $726,611

  • GEORGE E LOSS JR MD PHD

    REG MED DIR, SS

    Total calculated
    $1,578,310
    From this org
    $1,545,446
    From related orgs
    $0
    Other
    $32,864
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,020,786
    Bonus
    $240,485
    Other
    $284,175
    Deferred
    $10,215
    Nontaxable benefits
    $22,649
    Filer's total
    $1,578,310

  • DAWN M PUENTE MD

    REG MED DIR, BAP, KEN, WB REG

    Total calculated
    $669,719
    From this org
    $638,219
    From related orgs
    $0
    Other
    $31,500
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $378,991
    Bonus
    $130,425
    Other
    $128,803
    Deferred
    $14,759
    Nontaxable benefits
    $16,741
    Filer's total
    $669,719

  • ALDO J RUSSO MD

    REG MED DIR, BR REG

    Total calculated
    $726,739
    From this org
    $693,144
    From related orgs
    $0
    Other
    $33,595
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $530,458
    Bonus
    $139,383
    Other
    $23,303
    Deferred
    $8,363
    Nontaxable benefits
    $25,232
    Filer's total
    $726,739

  • LEONARDO SEOANE MD

    SR VP-CHIEF ACADEMIC OFFICER

    Total calculated
    $1,614,912
    From this org
    $1,585,609
    From related orgs
    $0
    Other
    $29,303
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $693,641
    Bonus
    $775,000
    Other
    $116,968
    Deferred
    $6,800
    Nontaxable benefits
    $22,503
    Filer's total
    $1,614,912

  • ROBERT WOLTERMAN

    CEO-SS REGION & CLINICAL JVS

    Total calculated
    $1,066,901
    From this org
    $1,037,407
    From related orgs
    $0
    Other
    $29,494
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $725,102
    Bonus
    $229,000
    Other
    $83,305
    Deferred
    $6,800
    Nontaxable benefits
    $22,694
    Filer's total
    $1,066,901

  • DENISE BASOW

    EVP-CHIEF DIGITAL HEALTH OFFICER

    Total calculated
    $1,483,309
    From this org
    $1,475,818
    From related orgs
    $0
    Other
    $7,491
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $728,203
    Bonus
    $637,500
    Other
    $110,115
    Deferred
    $0
    Nontaxable benefits
    $7,491
    Filer's total
    $1,483,309

  • PAUL C CELESTRE MD

    SR PHYSICIAN-VICE CHAIR

    Total calculated
    $1,523,925
    From this org
    $1,491,336
    From related orgs
    $0
    Other
    $32,589
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,344,119
    Bonus
    $126,500
    Other
    $20,717
    Deferred
    $6,800
    Nontaxable benefits
    $25,789
    Filer's total
    $1,523,925

  • RICHARD V MILANI MD

    SR PHYSICIAN EXEC-CCTO

    Total calculated
    $1,335,681
    From this org
    $1,311,746
    From related orgs
    $0
    Other
    $23,935
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $741,451
    Bonus
    $350,000
    Other
    $220,295
    Deferred
    $6,800
    Nontaxable benefits
    $17,135
    Filer's total
    $1,335,681

  • BENJAMIN B PEELER MD

    SR PHYSICIAN-SECTION HEAD

    Total calculated
    $2,687,195
    From this org
    $2,671,193
    From related orgs
    $0
    Other
    $16,002
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $2,195,937
    Bonus
    $0
    Other
    $475,256
    Deferred
    $6,800
    Nontaxable benefits
    $9,202
    Filer's total
    $2,687,195

  • VICTOR TEDESCO MD

    PHYSICIAN

    Total calculated
    $1,627,762
    From this org
    $1,602,082
    From related orgs
    $0
    Other
    $25,680
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,598,133
    Bonus
    $1,500
    Other
    $2,449
    Deferred
    $6,800
    Nontaxable benefits
    $18,880
    Filer's total
    $1,627,762

  • BOBBY C BRANNON

    FMR EXEC VP & TREAS

    Total calculated
    $100,508
    From this org
    $100,500
    From related orgs
    $0
    Other
    $8
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $100,000
    Bonus
    $500
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $8
    Filer's total
    $100,508

  • STEVEN B DEITELZWEIG MD

    FORMER KEY EMPLOYEE

    Total calculated
    $504,808
    From this org
    $466,599
    From related orgs
    $0
    Other
    $38,209
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $403,093
    Bonus
    $40,000
    Other
    $23,506
    Deferred
    $12,655
    Nontaxable benefits
    $25,554
    Filer's total
    $504,808

  • RICHARD D GUTHRIE JR MD

    FORMER KEY EMPLOYEE

    Total calculated
    $687,584
    From this org
    $655,584
    From related orgs
    $0
    Other
    $32,000
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $499,509
    Bonus
    $111,250
    Other
    $44,825
    Deferred
    $12,672
    Nontaxable benefits
    $19,328
    Filer's total
    $687,584

  • YVENS G LABORDE MD

    FORMER KEY EMPLOYEE

    Total calculated
    $436,389
    From this org
    $405,986
    From related orgs
    $0
    Other
    $30,403
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $353,028
    Bonus
    $0
    Other
    $52,958
    Deferred
    $13,849
    Nontaxable benefits
    $16,554
    Filer's total
    $436,389

  • J ERIC MCMILLEN

    FORMER KEY EMPLOYEE

    Total calculated
    $565,541
    From this org
    $534,979
    From related orgs
    $0
    Other
    $30,562
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $395,649
    Bonus
    $105,100
    Other
    $34,230
    Deferred
    $6,800
    Nontaxable benefits
    $23,762
    Filer's total
    $565,541

  • ARMIN SCHUBERT MD

    FORMER KEY EMPLOYEE

    Total calculated
    $647,672
    From this org
    $616,750
    From related orgs
    $0
    Other
    $30,922
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $551,499
    Bonus
    $50,000
    Other
    $15,251
    Deferred
    $6,800
    Nontaxable benefits
    $24,122
    Filer's total
    $647,672

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 — 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

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
FIRST-CLASS OR CHARTER TRAVEL: OCHSNER OCCASIONALLY ALLOWS EMPLOYEES TO FLY FIRST-CLASS, SUCH AS WHEN OTHER SEATING IS NOT AVAILABLE OR FOR TRANS-OCEANIC FLIGHTS. OCHSNER'S CEO AND MEMBERS OF MANAGEMENT FLEW ON CHARTER FLIGHTS ON OCCASIONS WHERE NO OTHER FLIGHT WAS AVAILABLE OR IT WAS MORE EFFICIENT OR COST-EFFECTIVE DUE TO THE NUMBER OF INDIVIDUALS MAKING THE TRIP. TRAVEL FOR COMPANIONS: OCHSNER HOSTS ITS BOARD OF DIRECTORS AND SENIOR MANAGEMENT AT A FEW DEVELOPMENTAL EVENTS. THE EVENTS PROVIDE THE DIRECTORS AND MANAGERS WITH INFORMATION AND TRAINING AS IT RELATES TO THEIR GOVERNANCE AT OCHSNER. AS THESE EVENTS ARE RELATIONSHIP-BUILDING EVENTS, THE ATTENDEES' SPOUSES ARE ENCOURAGED TO ATTEND. OCHSNER PROVIDED TRAVEL, ACCOMMODATIONS, AND ENTERTAINMENT FOR THE ATTENDING SPOUSES OF OFFICERS, KEY EMPLOYEES, AND BOARD MEMBERS. IN ADDITION, OCHSNER PROVIDED ENTERTAINMENT AT THE EVENTS FOR THE DIRECTORS AND EMPLOYEES IN ATTENDANCE. TRAVEL FOR COMPANIONS AND ALL ENTERTAINMENT EXPENSES WERE REPORTED AS TAXABLE COMPENSATION TO THE EMPLOYEES OR BOARD MEMBERS. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: OCHSNER GROSSES UP NON-CASH COMPENSATION TO BOARD MEMBERS AND OFFICERS FOR SPOUSAL TRAVEL TO THE BOARD AND MANAGEMENT DEVELOPMENTAL MEETINGS. THESE EXPENSES ARE EVALUATED FOR INCOME TAX PURPOSES, AND IN SITUATIONS WHERE THEY ARE TAXABLE TO EMPLOYEES OR COMMUNITY BOARD MEMBERS, OCHSNER PROVIDES A GROSS-UP PAYMENT IN ORDER TO COVER TAXES RELATED TO SUCH EXPENSES. OCHSNER ALSO GROSSED UP IMPUTED INCOME ON HOLIDAY GIFTS TO THE BOARD MEMBERS IN 2022. ALL OF THE BOARD MEMBERS AND OFFICERS, AND MANY OF THE KEY EMPLOYEES, RECEIVED GROSS UPS IN 2022.
PART I, LINE 4B
THE FOLLOWING PEOPLE PARTICIPATE IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) WHICH IS PART OF THE TERMS AND CONDITIONS OF THEIR EMPLOYMENT CONTRACTS WITH OCHSNER CLINIC FOUNDATION AND IS BASED ON A TARGETED REPLACEMENT OF A SET PERCENTAGE OF THEIR SALARY AT AGE 65. THE SERP IS CLASSIFIED AS A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. THIS BENEFIT IS FUNDED IN A TRUST ACCOUNT WITH HANCOCK WHITNEY BANK. FOLLOWING IS A LIST OF PARTICIPANTS, THEIR TITLE WITH THE SPONSORING ORGANIZATION, AND ANY DISTRIBUTIONS MADE IN 2022: * WARNER THOMAS, PRESIDENT AND CHIEF EXECUTIVE OFFICER; $2,791,119 * MICHAEL HULEFELD, PRESIDENT AND CHIEF OPERATING OFFICER; DISTRIBUTION OF $644,307 * PETER NOVEMBER, CHIEF EXECUTIVE OFFICER; DISTRIBUTION OF $515,591 * SCOTT POSECAI, EXECUTIVE VICE PRESIDENT, CFO, AND TREASURER; DISTRIBUTION OF $395,254 * TRACEY SCHIRO, EVP-CHIEF HR & ADMINISTRATIVE OFFICER; NO DISTRIBUTION ROBERT I HART, M.D., CHIEF PHYSICIAN EXECUTIVE AND PRESIDENT, OCHSNER CLINIC, PARTICIPATES IN A NON-QUALIFIED SUPPLEMENTAL PLAN WHICH IS PART OF THE TERMS AND CONDITIONS OF HIS EMPLOYMENT CONTRACT WITH OCHSNER CLINIC FOUNDATION. THE RETIREMENT CALCULATION IS A DEFINED AMOUNT AS A PERCENT OF BASE PAY, CALCULATED ANNUALLY. THE BENEFIT IS FUNDED IN A TRUST ACCOUNT WITH HANCOCK WHITNEY BANK: * DR. HART RECEIVED NO DISTRIBUTION IN 2022. GEORGE E LOSS, JR, M.D., REGIONAL MEDICAL DIRECTOR, AND BENJAMIN B PEELER, M.D., SR PHYSICIAN-SECTION HEAD, EACH PARTICIPATE IN UNFUNDED DEFERRED COMPENSATION PLANS, ADOPTED IN 2016. THE PLANS ALLOW FOR DISCRETIONARY CONTRIBUTIONS, AS DETERMINED BY COMMITTEE, AND VESTING OCCURS ACCORDING TO A SCHEDULE, WHICH IS GENERALLY 5 YEARS OR LESS, AFTER THE DATE THE FUNDS ARE CONTRIBUTED UNDER THE PLAN. THE FUNDS ARE DISTRIBUTED IN THE SAME PERIOD AS THE VESTING EVENT OCCURS: * DR. LOSS RECEIVED A DISTRIBUTION IN 2022 OF $262,500 * DR. PEELER RECEIVED A DISTRIBUTION IN 2022 OF $473,470 THE FOLLOWING INDIVIDUALS PARTICIPATE IN A 457(F) NON-QUALIFIED, UNFUNDED, DEFERRED COMPENSATION PLAN, WHICH WAS ESTABLISHED IN 2010. THE PLAN ALLOWS FOR DISCRETIONARY INITIAL CONTRIBUTIONS, VESTING BEGINS AT AGE 55. THE MOST RECENT THREE YEARS ARE SUBJECT TO FORFEITURE UNTIL THE ATTAINMENT OF AGE 65. ANNUAL FIXED CONTRIBUTIONS ARE INDIVIDUALLY BASED AND ARE TARGETED TO REPLACE THE BENEFIT THAT WOULD HAVE BEEN RECEIVED FROM THE FROZEN OCHSNER CLINIC FOUNDATION RETIREMENT PLAN HAD THE PLAN CONTINUED UNTIL THE PARTICIPANT ATTAINED AGE 65. THE CONTRIBUTION IS OFFSET BY ACTUAL RETIREMENT BENEFIT AND BENEFIT RECEIVED IN THE OCF 401(K) PLAN. FOLLOWING IS A LIST OF PARTICIPANTS AND ANY DISTRIBUTIONS MADE IN 2022: * VINCENT R ADOLPH, MD; DISTRIBUTION OF $42,739 * STEVEN B DEITELZWEIG, MD; DISTRIBUTION OF $6,778 * RICHARD D GUTHRIE, JR, MD; DISTRIBUTION OF $6,797 * YVENS G LABORDE, MD; DISTRIBUTION OF $8,161 * GEORGE E LOSS, JR, MD, PHD; DISTRIBUTION OF $3,953 * RICHARD V MILANI, MD, NO DISTRIBUTION * DAWN M PUENTE, MD; DISTRIBUTION OF $9,213 * ALDO J RUSSO, MD; DISTRIBUTION OF $1,810 THE FOLLOWING PEOPLE PARTICIPATE IN A 457(F) NON-QUALIFIED, UNFUNDED, DEFERRED COMPENSATION PLAN, WHICH WAS ADOPTED IN 2013. THE PLAN ALLOWS FOR ANNUAL FIXED CONTRIBUTIONS BASED ON A PERCENT OF BASE PAY AND SUBJECT TO A THREE-YEAR VESTING REQUIREMENT; AND ANNUAL DISCRETIONARY CONTRIBUTIONS BASED ON A PERCENT OF BASE PAY OR A FLAT-DOLLAR AMOUNT AND SUBJECT TO A THREE-YEAR VESTING REQUIREMENT. FOLLOWING IS A LIST OF PARTICIPANTS AND ANY DISTRIBUTIONS MADE IN 2022: * DENISE BASOW; NO DISTRIBUTION * CHARLES DAIGLE; DISTRIBUTION OF $27,810 * BRADLEY R GOODSON; DISTRIBUTION OF $23,639 * RICHARD D GUTHRIE, JR, MD; DISTRIBUTION OF $25,428 * YVENS G LABORDE, MD; DISTRIBUTION OF $19,440 * J ERIC MCMILLEN; DISTRIBUTION OF $19,710 * RICHARD V MILANI, MD, DISTRIBUTION OF $117,450 * SCOTT POSECAI, NO DISTRIBUTION * DAWN M PUENTE, MD; DISTRIBUTION OF $23,247 * TIMOTHY L RIDDELL, MD; NO DISTRIBUTION * TRACEY T SCHIRO; DISTRIBUTION OF $71,280 * LEONARDO SEOANE, MD; DISTRIBUTION OF $54,000 * SHELLEY SULLIVAN TYNAN; DISTRIBUTION OF $20,250 * ROBERT WOLTERMAN; DISTRIBUTION OF $60,653
PART I, LINE 7
THE INCENTIVE PLANS INCLUDE A SUBJECTIVE COMPONENT BASED ON PERSONAL PERFORMANCE, WHICH SLIGHTLY AFFECTS THE AMOUNT OF INCENTIVE PAYMENT. THERE IS DISCRETION AS TO THE AMOUNT OF INCENTIVE COMPENSATION FOR SENIOR MANAGEMENT. IN ADDITION, NON-FIXED PAYMENTS WERE MADE IN 2022. THE FOLLOWING WERE INCLUDED IN REPORTABLE COMPENSATION: SPOUSAL TRAVEL AND ENTERTAINMENT AT BOARD RETREATS AND GROSS-UP IN COMPENSATION RELATED TO IMPUTED INCOME. GIFTS BETWEEN THE AMOUNT OF $100 AND $500 FOR BOARD MEMBERS AND EXECUTIVES AND THEIR SPOUSES.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
9 February 2024
IRS schema version
2022v5.0
Source object
202440409349300434

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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