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Nonprofiteer
← RUSH MEDICAL FOUNDATION

Form 990 for tax year 2023

Filed by RUSH MEDICAL FOUNDATION.

Totals

Total revenue
$173,833,014
Total expenses
$178,057,998
Contributions and grants received
$667,759
Grants paid
$0
Program services expenses (Part IX)
$135,581,576
Management and general expenses
$42,364,917
Fundraising expenses
$111,505
Program service expenses (Part III)
$135,581,576

Program services were 76.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ANN ALEXANDER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • BILLY PIERCE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JAMES K PURVIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • FRED BLACKLEDGE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JAMES GRANGER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CAROL SMITH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • BETTY VISE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • D LARKIN KENNEDY

    CEO - OCHSNER RUSH HEALTH

    Total calculated
    $669,893
    From this org
    $0
    From related orgs
    $615,803
    Other
    $54,090
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $452,051 related
    Bonus
    $0 + $149,287 related
    Other
    $0 + $14,465 related
    Deferred
    $0 + $30,107 related
    Nontaxable benefits
    $0 + $23,983 related
    Filer's total
    $0 + $669,893 related

  • J ALLEN TYRA

    CEO - OCHSNER RUSH MEDICAL CENTER

    Total calculated
    $374,098
    From this org
    $0
    From related orgs
    $350,552
    Other
    $23,546
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $279,632 related
    Bonus
    $0 + $65,667 related
    Other
    $0 + $5,253 related
    Deferred
    $0 + $6,800 related
    Nontaxable benefits
    $0 + $16,746 related
    Filer's total
    $0 + $374,098 related

  • DAVID BUTLER

    CFO - OCHSNER RUSH HEALTH

    Total calculated
    $352,031
    From this org
    $0
    From related orgs
    $330,322
    Other
    $21,709
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $265,002 related
    Bonus
    $0 + $63,000 related
    Other
    $0 + $2,320 related
    Deferred
    $0 + $3,400 related
    Nontaxable benefits
    $0 + $18,309 related
    Filer's total
    $0 + $352,031 related

  • FREDERICK DUGGAN MD

    FORMER OFFICER

    Total calculated
    $840,103
    From this org
    $0
    From related orgs
    $812,720
    Other
    $27,383
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $721,364 related
    Bonus
    $0 + $79,229 related
    Other
    $0 + $12,127 related
    Deferred
    $0 + $3,400 related
    Nontaxable benefits
    $0 + $23,983 related
    Filer's total
    $0 + $840,103 related

  • JAMES C MATTHEWS III MD

    FORMER HIGHEST COMP - PHYSICIAN

    Total calculated
    $242,818
    From this org
    $0
    From related orgs
    $220,035
    Other
    $22,783
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $209,587 related
    Bonus
    $0 + $1,500 related
    Other
    $0 + $8,948 related
    Deferred
    $0 + $1,292 related
    Nontaxable benefits
    $0 + $21,491 related
    Filer's total
    $0 + $242,818 related

  • ANDREW WATSON MD

    FORMER HIGHEST COMP - PHYSICIAN

    Total calculated
    $219,667
    From this org
    $0
    From related orgs
    $193,397
    Other
    $26,270
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $181,265 related
    Bonus
    $0 + $1,500 related
    Other
    $0 + $10,632 related
    Deferred
    $0 + $2,308 related
    Nontaxable benefits
    $0 + $23,962 related
    Filer's total
    $0 + $219,667 related

  • LAURA PERRY

    FORMER HIGHEST COMP - NP

    Total calculated
    $187,652
    From this org
    $0
    From related orgs
    $184,852
    Other
    $2,800
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $148,178 related
    Bonus
    $0 + $35,680 related
    Other
    $0 + $994 related
    Deferred
    $0 + $1,187 related
    Nontaxable benefits
    $0 + $1,613 related
    Filer's total
    $0 + $187,652 related

  • AMBER BOYD GUNN

    FORMER HIGHEST COMP - NP

    Total calculated
    $187,598
    From this org
    $0
    From related orgs
    $183,938
    Other
    $3,660
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $150,734 related
    Bonus
    $0 + $32,420 related
    Other
    $0 + $784 related
    Deferred
    $0 + $2,343 related
    Nontaxable benefits
    $0 + $1,317 related
    Filer's total
    $0 + $187,598 related

  • GARY ADAM MCPHERSON

    FORMER HIGHEST COMP - NP

    Total calculated
    $122,080
    From this org
    $0
    From related orgs
    $119,649
    Other
    $2,431
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $109,631 related
    Bonus
    $0 + $7,540 related
    Other
    $0 + $2,478 related
    Deferred
    $0 + $1,531 related
    Nontaxable benefits
    $0 + $900 related
    Filer's total
    $0 + $122,080 related

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 · Tax indemnification and gross-up payments
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4b · Supplemental nonqualified retirement plan

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
OCHSNER GROSSES UP NON-CASH COMPENSATION TO BOARD MEMBERS AND OFFICERS FOR THE FOLLOWING: THE CEO RECEIVED A GROSS-UP BENEFIT RELATED TO THE TAXABLE PORTION OF A BENEFIT PLAN.
SCHEDULE J, PART I, LINE 4B
SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: THE FOLLOWING INDIVIDUALS PARTICIPATE IN A 457(F) NON-QUALIFIED, UNFUNDED, DEFERRED COMPENSATION PLAN, WHICH WAS ESTABLISHED IN 2013. 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 2023: D. LARKIN KENNEDY, CEO OCHSNER RUSH HEALTH; NO DISTRIBUTION RUSH HEALTH SYSTEMS' CHIEF EXECUTIVE OFFICER, LARKIN KENNEDY, IS PROVIDED WITH A LIFE INSURANCE POLICY WHEREBY PREMIUMS ARE PAID BY THE EMPLOYER, AND PREMIUMS WILL BE RECOVERED AT DEATH OR TERMINATION OF THE AGREEMENT. THE PREMIUMS ARE INCLUDED AS TAXABLE COMPENSATION.

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

No itemized grants to organizations on this return.

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
2023
Filed
3 February 2025
IRS schema version
2023v6.0
Source object
202500349349302260

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

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