Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,005,233

• 1f · All other contributions, gifts and grants

  $3,475,608

• 3 · Investment income

  total $224,443 · excluded $224,443

• 7a · Gross sales of assets other than inventory

  securities $8,067

• 7b · Less cost or other basis and sales expenses

  securities $8,053

• 7c · Gain or loss

  securities $14

• 7d · Net gain or loss

  total $14 · excluded $14

• 8a · Fundraising events: gross income

  $340,663

• 8b · Fundraising events: direct expenses

  $143,863

• 8c · Net income from fundraising events

  total $196,800 · excluded $196,800

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,655,702 · program services $2,655,702

• 2 · Grants to domestic individuals

  total $30,091 · program services $30,091

• 7 · Other salaries and wages

  total $648,117 · program services $583,305 · management and general $64,812

• 8 · Pension plan contributions

  total $59,040 · program services $53,136 · management and general $5,904

• 10 · Payroll taxes

  total $26,920 · program services $24,228 · management and general $2,692

• 11f · Fees: investment management

  total $86,347 · management and general $86,347

• 11g · Fees: other

  total $38,677 · program services $38,677

• 13 · Office expenses

  total $376,529 · program services $376,529

• 17 · Travel

  total $7,338 · program services $7,338

• 24a · Other expenses: FUNDRAISING COST

  total $114,362 · fundraising $114,362

• 24b · Other expenses: DONOR CULTIVATION

  total $87,724 · program services $87,724

• 24c · Other expenses: MISC EXPENSES

  total $24,986 · program services $24,986

• 24d · Other expenses: SALES TAX EXPENSE

  total $2,051 · program services $2,051

• 24e · All other expenses

  total $999 · program services $999

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,406,379 · end of year $2,251,440

• 3 · Pledges and grants receivable

  beginning of year $2,668,796 · end of year $2,375,845

• 9 · Prepaid expenses and deferred charges

  beginning of year $20,123 · end of year $9,570

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

  $3,077

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

  $3,077

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $9,344,252 · end of year $11,435,629

• 17 · Accounts payable and accrued expenses

  beginning of year $23,361 · end of year $32,006

• 19 · Deferred revenue

  beginning of year $25,500 · end of year $30,000

• 27 · Net assets without donor restrictions

  beginning of year $13,390,689 · end of year $16,010,478

The filer's explanations (Part III)

PAGE 2, PART II

THE FOUNDATION IS A WHOLLY-OWNED SUBSIDIARY OF PARENT COMPANY, GENERAL HEALTH SYSTEM (THE SYSTEM). THE SYSTEM PRESIDENT/CEO, THE SYSTEM CFO AND THE FOUNDATION PRESIDENT ARE EMPLOYED AND COMPENSATED BY GENERAL HEALTH SYSTEM, A 501C3 ORGANIZATION. GENERAL HEALTH SYSTEM'S TAXPAYER ID IS #72-0475545.

PART 1, LINE 1A

CERTAIN KEY EXECUTIVES ARE PROVIDED A BENEFITS STIPEND IN ORDER TO ALLOW FOR SELF-DIRECTED BENEFITS. THE EXECUTIVE BENEFITS PACKAGE ALSO INCLUDES AN OPTIONAL WELLNESS BENEFIT THAT INCLUDES THE AVAILABILITY OF A PERSONAL FITNESS TRAINER. THE EXECUTIVES LISTED IN SCHEDULE J, PART II UTILIZED THIS PARTICULAR BENEFIT. ALL OF THESE BENEFITS WERE INCLUDED ON THEIR 2022 AND/OR 2023 FORMS W-2 AS COMPENSATION, WHERE APPLICABLE. NO PERSONS LISTED ON THE 990 PART VII TRAVELLED BY FIRST CLASS OR BY CHARTER.

Related partnerships

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

• BATON ROUGE REHABILITATION HOSPITAL LLC

  REHAB HOSPITAL · LA

• BATON ROUGE REHABILITATION DEVELOPMENT LLC

  BLDG LESSOR · LA

• RADIATION ONCOLOGY CENTER ZACHARY LLC

  ONCOLOGY CLINIC · LA

• MID CITY SPECIALTY CENTER LLC

  CLINIC · LA

• THE WELLNESS STUDIO LLC

  CLINIC · LA

• LA INDEPENDENT HOSP NTWK COALITION LLC

  BUS ASSOC · LA

Related corporations and trusts

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

• GENERAL HEALTH MANAGEMENT INC

  C · DORMANT CO. · LA

• HEALTH MANAGEMENT SERVICES INC

  C · DORMANT CO. · LA

• HEALTH INITIATIVES INC

  C · DORMANT CO. · LA

• GENERAL HEALTH SYSTEM MGMT INC

  C · MANAGING CO. · LA

• VERITY HEALTHNET ACCT MGMT SVCS INC

  C · MANAGING CO. · LA

• VERITY HEALTHNET LLC

  C · PROVIDER NETWORK MARKETER · LA

• VERITY HEALTHNET NATIONAL LLC

  C · DORMANT CO. · LA

• BRG PHYSICIANS AFTER HOURS CLINIC INC

  C · DORMANT CO. · LA

• MEDICAL DIAGNOSTIC SVCS INC

  C · DORMANT CO. · LA

• BR GENERAL PHYSICIANS SERVICES INC

  C · CLINIC · LA

• BR GENERAL PHYSICIANS INC

  C · CLINIC · LA

• HOSPITAL MEDICINE GROUP INC

  C · CLINIC · LA

• BRG PHYSICIANS HOSPITAL SPECIALISTS

  C · CLINIC · LA

• GULF SOUTH HEALTH PLANS INC

  C · DORMANT CO. · LA

• BR GENERAL PRIMARY CARE LLC

  C · PHYS CLINIC · LA

• BR GENERAL PHYSICIANS MEDICAL GRP LLC

  C · PHYS CLINIC · LA

• GHS STAFFING SERVICES LLC

  C · STAFFING SVCS · LA

• TCB INVESTMENTS LLC

  C · INVESTMENT CO. · LA

• BRG PHYSICIANS CONCIERGE MEDICINE LLC

  C · PHYS CLINIC · LA

• LA INTERNAL MEDICINE ASSOC LLC

  C · PHYS CLINIC · LA

• THE CAPITAL CITY ANESTHESIA GROUP LLC

  C · PHYS CLINIC · LA

• 1COMMUNITY LLC

  C · FITNESS MONITORING · LA