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Nonprofiteer
← UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATON

Form 990 for tax year 2023

Filed by UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATON.

Totals

Total revenue
$759,967,746
Total expenses
$851,513,146
Contributions and grants received
$7,438,283
Grants paid
$1,479,919
Program service revenue
$748,195,252
Investment income
$78,334
Other revenue
$4,255,877
Total assets, end of year
$441,200,429
Total liabilities, end of year
$747,044,829
Net assets or fund balances, end of year
-$305,844,400
Program services expenses (Part IX)
$700,501,960
Management and general expenses
$151,011,186
Fundraising expenses
$0
Program service expenses (Part III)
$700,501,960

Program services were 82.3% 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.

  • 1e · Government grants (contributions)

    $6,318,432

  • 1f · All other contributions, gifts and grants

    $1,119,851

  • 2a · Program service revenue: NET PATIENT SERVICE REVENUE

    total $668,084,254 · related or exempt $668,084,254

  • 2b · Program service revenue: NON-PATIENT SERVICE REVENUE

    total $43,631,026 · related or exempt $43,631,026

  • 2c · Program service revenue: 340B REVENUE

    total $36,422,303 · related or exempt $36,422,303

  • 2d · Program service revenue: F&A RECOVERY

    total $57,669 · related or exempt $57,669

  • 3 · Investment income

    total $25,978 · excluded $25,978

  • 6a · Gross rents

    real property $1,465,327

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $1,465,327

  • 6d · Net rental income or loss

    total $1,465,327 · excluded $1,465,327

  • 7a · Gross sales of assets other than inventory

    other assets $52,356

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

    other assets $0

  • 7c · Gain or loss

    other assets $52,356

  • 7d · Net gain or loss

    total $52,356 · excluded $52,356

  • 11a · Other revenue: PARKING INCOME

    total $1,560,125 · excluded $1,560,125

  • 11b · Other revenue: CAFETERIA INCOME

    total $1,230,425 · excluded $1,230,425

  • 11e · Other revenue, total

    $2,790,550

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,479,919 · program services $1,479,919

  • 5 · Compensation of officers, directors and key employees

    total $3,962,537 · program services $3,584,145 · management and general $378,392

  • 7 · Other salaries and wages

    total $164,792,446 · program services $149,056,014 · management and general $15,736,432

  • 8 · Pension plan contributions

    total $4,114,259 · program services $3,764,670 · management and general $349,589

  • 9 · Other employee benefits

    total $17,230,782 · program services $16,048,334 · management and general $1,182,448

  • 10 · Payroll taxes

    total $12,581,010 · program services $11,436,720 · management and general $1,144,290

  • 11a · Fees: management

    total $54,640,173 · program services $3,176,666 · management and general $51,463,507

  • 11b · Fees: legal

    total $2,462,856 · management and general $2,462,856

  • 11c · Fees: accounting

    total $338,399 · program services $3,487 · management and general $334,912

  • 11g · Fees: other

    total $276,289,913 · program services $240,061,995 · management and general $36,227,918

  • 12 · Advertising and promotion

    total $582,246 · program services $537,840 · management and general $44,406

  • 13 · Office expenses

    total $7,283,935 · program services $6,755,221 · management and general $528,714

  • 14 · Information technology

    total $2,531,429 · program services $1,897,096 · management and general $634,333

  • 16 · Occupancy

    total $96,948,567 · program services $88,786,539 · management and general $8,162,028

  • 17 · Travel

    total $135,409 · program services $99,020 · management and general $36,389

  • 19 · Conferences, conventions and meetings

    total $172,341 · program services $138,623 · management and general $33,718

  • 20 · Interest

    total $25,800,507 · program services $25,800,507

  • 22 · Depreciation, depletion and amortization

    total $22,418,152 · program services $8,919,117 · management and general $13,499,035

  • 23 · Insurance

    total $5,105,387 · program services $5,105,387

  • 24a · Other expenses: MEDICAL & DIETARY FOOD

    total $121,740,250 · program services $121,204,893 · management and general $535,357

  • 24b · Other expenses: THERMAL ENERGY UTILITY

    total $17,599,326 · management and general $17,599,326

  • 24c · Other expenses: PERMITS, LICENSES, & TA

    total $11,475,463 · program services $11,469,402 · management and general $6,061

  • 24d · Other expenses: DUES & MEMBERSHIP

    total $664,915 · program services $374,384 · management and general $290,531

  • 24e · All other expenses

    total $1,162,925 · program services $801,981 · management and general $360,944

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $11,645,362 · end of year -$73,481

  • 3 · Pledges and grants receivable

    beginning of year $1,277,535 · end of year $1,555,134

  • 4 · Accounts receivable

    beginning of year $86,775,326 · end of year $74,093,836

  • 8 · Inventories for sale or use

    beginning of year $12,565,020 · end of year $13,390,163

  • 9 · Prepaid expenses and deferred charges

    beginning of year $226,643,795 · end of year $199,480,193

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

    $148,469,528

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

    $66,295,743

  • 10c · Land, buildings and equipment, net

    beginning of year $87,384,731 · end of year $82,173,785

  • 15 · Other assets

    beginning of year $76,283,552 · end of year $70,580,799

  • 17 · Accounts payable and accrued expenses

    beginning of year $180,568,582 · end of year $77,710,771

  • 19 · Deferred revenue

    beginning of year $4,957,402 · end of year $424,349

  • 24 · Unsecured notes and loans payable

    beginning of year $281,134,526 · end of year $281,219,490

  • 25 · Other liabilities

    beginning of year $250,213,811 · end of year $387,690,219

  • 27 · Net assets without donor restrictions

    beginning of year -$214,299,000 · end of year -$305,844,400

Mission and programs · 2023

Mission

UNIVERSITY MEDICAL CENTER WILL PROVIDE EXCEPTIONAL PATIENT-CENTERED CARE AND A WORLD-CLASS ACADEMIC EXPERIENCE THROUGH ADVANCED RESEARCH, LEADING TECHNOLOGY AND INNOVATION.

Activities or mission (Part I)

UNIVERSITY MEDICAL CENTER NEW ORLEANS WILL BE A LEADING WORLD-CLASS ACADEMIC (CONT'D ON SCH. O) MEDICAL CENTER AND THE DESTINATION OF CHOICE FOR EXCEPTIONAL HEALTHCARE. UNIVERSITY MEDICAL CENTER WILL PROVIDE EXCEPTIONAL PATIENT-CENTERED CARE AND A WORLD-CLASS ACADEMIC EXPERIENCE THROUGH ADVANCED RESEARCH, LEADING TECHNOLOGY AND INNOVATION.

  • RESIDENT TEACHING & GRADUATE MEDICAL EDUCATION PROGRAMS: UNIVERSITY MEDICAL CENTER NEW ORLEANS (UMCNO) IS THE STATE OF LOUISIANA'S LARGEST TEACHING HOSPITAL AND A MAJOR TRAINING SITE FOR BOTH LSU AND TULANE UNIVERSITY SCHOOLS OF MEDICINE, AS WELL AS LSU SCHOOLS OF DENTISTRY, NURSING AND ALLIED HEALTH. MORE THAN 400 RESIDENT AND FELLOW FTE POSITIONS ACTIVELY ROTATE AT UMCNO ON A MONTHLY BASIS, THROUGH ROUGHLY 50 DIFFERENT MEDICAL SPECIALTIES. UMCNO ALSO PARTNERS WITH MANY OTHER ACADEMIC INSTITUTIONS SUCH AS DELGADO, XAVIER, DILLARD, NICHOLS STATE AND SOUTHERN UNIVERSITY TO TRAIN OVER 3,900 FUTURE HEALTH CARE PROVIDERS ANNUALLY.

    Expenses $125,047,282 · Revenue $40,153,654

  • PATIENT CARE: UMCNO PROVIDES CORE SAFETY NET SERVICES TO THE NEW ORLEANS REGION. THESE SERVICES INCLUDE THE OPERATION OF AN EMERGENCY ROOM, AN HIV OUTPATIENT CLINIC, ONCOLOGY SERVICES, MENTAL HEALTH SERVICES, A 16 BED BURN UNIT AND A LEVEL I TRAUMA CENTER. IN 2023, UMC CONTINUED ITS BEHAVIORAL HEALTH SERVICES WITH AN OUTPATIENT CLINIC LOCATION TO PROVIDE SERVICES SUCH AS ADDICTION PSYCH AND INTENSIVE OUTPATIENT THERAPY FOR GENERAL BEHAVIORAL AND SUBSTANCE ABUSE. UMC ALSO PROVIDED A BARIATRIC PROGRAM THAT OPERATED A WEIGHT MANAGEMENT CLINIC AND PROVIDED SLEEP DISORDER SERVICES. UMCNO PROVIDES A WIDE RANGE OF MEDICAL SERVICES COVERING OVER 80 SPECIALTIES AND AMBULATORY CARE IN OVER 80 SPECIALTY CLINICS AND PROVIDES FREE AND REDUCED COST HEALTH CARE TO MEDICALLY INDIGENT AND UNINSURED (CONTINUED ON SCHEDULE O) PATIENTS, INCLUDING MEDICALLY COMPLEX AND OTHERWISE HIGH-RISK MEDICAID PATIENTS. IT ALSO PROVIDES MEDICALLY NECESSARY HEALTH CARE TO THE LOUISIANA DEPARTMENT OF CORRECTIONS POPULATION. THE HOSPITAL HAS 446 LICENSED BEDS AND TREATED 12,897 INPATIENTS AND 411,488 OUTPATIENTS.

    Expenses $548,319,403 · Revenue $708,041,598

  • 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 IN THE NEW ORLEANS COMMUNITY, SUCH AS DIABETES, HEART DISEASE AND CANCER. THESE PROGRAMS ADDRESS PREVENTION, EARLY DETECTION, TREATMENT AND MAINTAINING HEALTHY LIFESTYLES. IN 2023, UNIVERSITY MEDICAL CENTER PARTICIPATED IN AND OFFERED NUMEROUS OUTREACH ACTIVITIES, INCLUDING FREE BREAST HEALTH LECTURES, FREE ONCOLOGY LECTURES, A FREE SKIN CANCER SCREENING, AND A FREE VASCULAR DISEASE SCREENING. THROUGH THE LEVEL 1 TRAUMA CENTER'S INJURY PREVENTION PROGRAM, UNIVERSITY MEDICAL CENTER PROVIDED EDUCATIONAL AND PREVENTION PROGRAMS INCLUDING SUDDEN IMPACT, WHICH EDUCATES HIGH SCHOOL STUDENTS ON THE (CONT'D ON SCH. O) CONSEQUENCES OF DISTRACTED AND IMPAIRED DRIVING; STOP THE BLEED, WHICH PROVIDES HEMORRHAGE CONTROL TRAINING TO LAW ENFORCEMENT PERSONNEL, ORGANIZATIONS, AND COMMUNITY MEMBERS; AND CHILD SAFETY SEAT CHECKS AND CAR SEAT DISTRIBUTION EVENTS. ADDITIONALLY, UNIVERSITY MEDICAL CENTER IS PARTNERED WITH WALGREENS AND AVITA DRUGS TO DISPENSE MEDICATIONS UNDER THE 340(B) PRICING PROGRAM TO ENSURE PATIENTS HAVE ACCESS TO NECESSARY PHARMACEUTICALS THAT MAY OTHERWISE NOT BE AVAILABLE TO THEM.

    Expenses $25,655,356

  • DURING THE YEAR ENDED DECEMBER 31, 2023 UMC PROVIDED $311,396 TO LCMC HEALTH WITH THE INTENTION OF FURTHING NURSING EDUCATION IN THE AREAS SERVED BY LCMC'S MEMBER HOSPITALS. THESE FUNDS ARE USED TO IDENTIFY FUTURE POTENTIAL NUSING STUDENTS, DEVELOP NURSING FACULTY, AND PROVIDE TUITION ASSISTANCE TO QUALIFIED STUDENTS OF THE LSU NURSING PROGRAM.UMC ALSO DONATED IN 2023 $388,716 TO LCMC NEW ORLEANS CLINICAL SERVICES WITH THE INTENTION OF PROVIDING WORKING CAPITAL TO ALLOW FOR THEIR HEALTHCARE ACTIVITIES. THIS DONATION SUPPORTS TOURO'S TAX-EXEMPT PURPOSE AND COMMUNITY BENEFITS OBLIGATIONS AND IS PRESENTED AS COMMUNITY SUPPORT IN THE STATEMENT OF OPERATIONS.ALSO IN 2023, UMC DONATED $146,165 TO LCMC HEALTH CLINICAL SERVICES D/B/A NOLA PHYSICIANS GROUP (NOLA PG) WITH THE INTENTION OF PROVIDING WORKING CAPITAL TO NOLA PG TO ALLOW FOR THEIR HEALTHCARE ACTIVITIES, SPECIFICALLY TO PROVIDE NEEDED SERVICES TO THE UNDERSERVED AREA OF NEW ORLEANS EAST. THIS DONATION SUPPORTS HOSPITAL'S TAX-EXEMPT PURPOSE AND COMMUNITY BENEFITS OBLIGATIONS AND IS PRESENTED AS COMMUNITY SUPPORT IN THE STATEMENT OF OPERATIONS.

    Expenses $1,479,919 · Grants $1,479,919

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • SANDRA BROWN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DARRYL D BERGER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GREGORY C FEIRN

    BOARD MEMBER

    Total calculated
    $2,270,395
    From this org
    $0
    From related orgs
    $2,239,340
    Other
    $31,055
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,734,424 related
    Bonus
    $0 + $497,116 related
    Other
    $0 + $7,800 related
    Deferred
    $0 + $13,200 related
    Nontaxable benefits
    $0 + $17,855 related
    Filer's total
    $0 + $2,270,395 related

  • EDWARD HELM MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARY WERNER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ELAINE D ABELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JAIMME A COLLINS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RUTH KULLMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • STEPHEN SONTHEIMER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ALDEN MCDONALD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DONALD T BOYSIE BOLLINGER

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • DANIEL FOLEY

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • JACK ANDONIE MD

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • TED LECLERQ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • EMILY SEDGWICK THROUGH OCT

    CEO

    Total calculated
    $900,192
    From this org
    $231,331
    From related orgs
    $649,944
    Other
    $18,917
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $208,743 + $471,722 related
    Bonus
    $0 + $67,675 related
    Other
    $22,588 + $110,547 related
    Deferred
    $8,416 + $4,784 related
    Nontaxable benefits
    $2,505 + $3,212 related
    Filer's total
    $242,252 + $657,940 related

  • JOHN NICKENS NOV TERM START

    CEO

    Total calculated
    $1,644,756
    From this org
    $0
    From related orgs
    $1,620,216
    Other
    $24,540
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $1,236,195 related
    Bonus
    $0 + $376,871 related
    Other
    $0 + $7,150 related
    Deferred
    $0 + $11,908 related
    Nontaxable benefits
    $0 + $12,632 related
    Filer's total
    $0 + $1,644,756 related

  • PAUL GLADDEN MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PETER DEBLIEUX

    CHIEF EXPERIENCE OFFICER

    Total calculated
    $273,650
    From this org
    $104,218
    From related orgs
    $161,482
    Other
    $7,950
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $103,402
    Bonus
    $0 + $57,972 related
    Other
    $816 + $103,510 related
    Deferred
    $4,140 + $3,549 related
    Nontaxable benefits
    $261
    Filer's total
    $108,619 + $165,031 related

  • CHRISTINE M BOND

    CHIEF FINANCIAL OFFICER

    Total calculated
    $393,916
    From this org
    $80,343
    From related orgs
    $291,224
    Other
    $22,349
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $79,693 + $246,168 related
    Bonus
    $0 + $45,056 related
    Other
    $650
    Deferred
    $3,239 + $9,961 related
    Nontaxable benefits
    $1,772 + $7,377 related
    Filer's total
    $85,354 + $308,562 related

  • WILLIAM KILLINGER

    CHIEF MEDICAL OFFICER

    Total calculated
    $595,824
    From this org
    $165,109
    From related orgs
    $403,684
    Other
    $27,031
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $74,038 + $403,684 related
    Bonus
    $90,000
    Other
    $1,071
    Deferred
    $4,550 + $8,358 related
    Nontaxable benefits
    $150 + $13,973 related
    Filer's total
    $169,809 + $426,015 related

  • DENISE DANNA THROUGH MARCH

    CHIEF NURSING OFFICER

    Total calculated
    $304,382
    From this org
    $68,255
    From related orgs
    $221,472
    Other
    $14,655
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $67,483
    Bonus
    $0 + $38,139 related
    Other
    $772 + $183,333 related
    Deferred
    $2,721 + $6,220 related
    Nontaxable benefits
    $1,487 + $4,227 related
    Filer's total
    $72,463 + $231,919 related

  • MARIA GALLARDO MARCH-OCT 2023

    CHIEF NURSING OFFICER

    Total calculated
    $305,890
    From this org
    $86,210
    From related orgs
    $208,982
    Other
    $10,698
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $60,254 + $208,982 related
    Bonus
    $25,000
    Other
    $956
    Deferred
    $1,706 + $4,111 related
    Nontaxable benefits
    $169 + $4,712 related
    Filer's total
    $88,085 + $217,805 related

  • ALLISON GUSTE OCT-DEC 2023

    CHIEF NURSING OFFICER

    Total calculated
    $321,628
    From this org
    $0
    From related orgs
    $295,593
    Other
    $26,035
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $243,656 related
    Bonus
    $0 + $50,834 related
    Other
    $0 + $1,103 related
    Deferred
    $0 + $10,309 related
    Nontaxable benefits
    $0 + $15,726 related
    Filer's total
    $0 + $321,628 related

  • LISA MIRANDA THROUGH FEBRUARY

    CHIEF OPERATING OFFICER

    Total calculated
    $412,902
    From this org
    $64,502
    From related orgs
    $321,350
    Other
    $27,050
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $62,970 + $271,529 related
    Bonus
    $0 + $49,821 related
    Other
    $1,532
    Deferred
    $2,542 + $9,629 related
    Nontaxable benefits
    $1,332 + $13,547 related
    Filer's total
    $68,376 + $344,526 related

  • PUNEET FREIBOTT FEB-DEC 2023

    CHIEF OPERATING OFFICER

    Total calculated
    $487,175
    From this org
    $209,094
    From related orgs
    $263,839
    Other
    $14,242
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $94,797 + $263,839 related
    Bonus
    $110,000
    Other
    $4,297
    Deferred
    $8,196 + $2,502 related
    Nontaxable benefits
    $378 + $3,166 related
    Filer's total
    $217,668 + $269,507 related

  • CHARLOTTE PARENT

    VP OF BUSINESS DEVELOPMENT

    Total calculated
    $288,606
    From this org
    $64,844
    From related orgs
    $207,741
    Other
    $16,021
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $61,799 + $174,512 related
    Bonus
    $0 + $28,729 related
    Other
    $3,045 + $4,500 related
    Deferred
    $2,476 + $7,966 related
    Nontaxable benefits
    $278 + $5,301 related
    Filer's total
    $67,598 + $221,008 related

  • JYOTSNA FULORIA

    VP CLINICAL RESEARCH

    Total calculated
    $187,981
    From this org
    $95,999
    From related orgs
    $78,041
    Other
    $13,941
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $94,442 + $54,116 related
    Bonus
    $0 + $23,925 related
    Other
    $1,557
    Deferred
    $3,867 + $3,142 related
    Nontaxable benefits
    $3,569 + $3,363 related
    Filer's total
    $103,435 + $84,546 related

  • WILLIAM DENSON

    PHYSICIAN

    Total calculated
    $376,770
    From this org
    $71,266
    From related orgs
    $283,766
    Other
    $21,738
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $68,927 + $280,583 related
    Bonus
    $0
    Other
    $2,339 + $3,183 related
    Deferred
    $2,761 + $9,909 related
    Nontaxable benefits
    $237 + $8,831 related
    Filer's total
    $74,264 + $302,506 related

  • SHOLA M PREVOST

    CRNA

    Total calculated
    $374,292
    From this org
    $100,766
    From related orgs
    $253,120
    Other
    $20,406
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $100,315 + $253,120 related
    Bonus
    $0
    Other
    $451
    Deferred
    $3,814 + $5,920 related
    Nontaxable benefits
    $2,322 + $8,350 related
    Filer's total
    $106,902 + $267,390 related

  • DAVID JANZ

    PHYSICIAN

    Total calculated
    $641,150
    From this org
    $159,860
    From related orgs
    $455,579
    Other
    $25,711
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,316 + $433,359 related
    Bonus
    $0 + $22,220 related
    Other
    $544
    Deferred
    $6,462 + $3,369 related
    Nontaxable benefits
    $3,569 + $12,311 related
    Filer's total
    $169,891 + $471,259 related

  • MARCELYN RUELLO

    CRNA

    Total calculated
    $340,193
    From this org
    $92,945
    From related orgs
    $233,799
    Other
    $13,449
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $92,337 + $233,799 related
    Bonus
    $0
    Other
    $608
    Deferred
    $3,702 + $6,889 related
    Nontaxable benefits
    $252 + $2,606 related
    Filer's total
    $96,899 + $243,294 related

  • KIM SERVARY

    CRNA

    Total calculated
    $437,686
    From this org
    $108,825
    From related orgs
    $304,487
    Other
    $24,374
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $107,365 + $304,487 related
    Bonus
    $0
    Other
    $1,460
    Deferred
    $4,375 + $6,048 related
    Nontaxable benefits
    $2,401 + $11,550 related
    Filer's total
    $115,601 + $322,085 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, 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 FOR UMC'S PRESIDENT / CEO IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OF LOUISIANA CHILDREN'S MEDICAL CENTER WHICH IS UMCNO'S SOLE MEMBER. THE EXECUTIVE COMMITTEE IS A 9 VOTING-MEMBER 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
DURING 2023, EMILY SEDGWICK RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $106,347, PETER DEBLIEUX RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $103,510, AND DENISE DANNA RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $183,333 DURING 2023.

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

  • NEW ORLEANS CLINICAL SERVICES LLC (A SMLLC OF LCMC)

    $388,716

    IN 2023, UMCMC DONATED $388,716 TO LCMC NEW ORLEANS CLINICAL SERVICES WITH THE INTENTION OF PROVIDING WORKING CAPITAL TO ALLOW FOR THEIR HEALTHCARE ACTIVITIES. THIS DONATION SUPPORTS TOURO'S TAX-EXEMPT PURPOSE AND COMMUNITY BENEFITS OBLIGATIONS AND IS PRESENTED AS COMMUNITY SUPPORT IN THE STATEMENT OF OPERATIONS. NEW ORLEANS CLINICAL SERVICES IS A AS COMMUNITY SUPPORT IN THE STATEMENT OF OPERATIONS. NEW ORLEANS CLINICAL SERVICES IS A SMLLC OF LOUISIANA CHILDREN'S MEDICAL CENTER, A 501(C)(3) ENTITY AND THE SOLE MEMBER OF UMCMC.

  • LOUISIANA CHILDREN'S MEDICAL CENTER

    $311,396

    IN 2023, UMCMC DONATED $311,396 TO LCMC HEALTH WITH THE INTENTION OF FURTHING NURSING EDUCATION IN THE AREAS SERVED BY LCMC'S MEMBER HOSPITALS. THESE FUNDS ARE USED TO IDENTIFY FUTURE POTENTIAL NUSING STUDENTS, DEVELOP NURSING FACULTY, AND PROVIDE TUITION ASSISTANCE TO QUALIFIED STUDENTS OF THE LSU NURSING PROGRAM. THIS GRANT ALSO HELPED FUND IT SERVICES PROVIDED TO NEW ORLEANS EAST HOSPITAL.

  • LCMC HEALTH CLINICAL SERVICES DBA NOLA PHYSICIAN GROUP

    $146,165

    IN 2023, UMCMC DONATED $146,165 TO LCMC HEALTH CLINICAL SERVICES D/B/A NOLA PHYSICIANS GROUP (NOLA PG) WITH THE INTENTION OF PROVIDING WORKING CAPITAL TO NOLA PG TO ALLOW FOR THEIR HEALTHCARE ACTIVITIES, SPECIFICALLY TO PROVIDE NEEDED SERVICES TO THE UNDERSERVED AREA OF NEW ORLEANS EAST. THIS DONATION SUPPORTS HOSPITAL'S TAX-EXEMPT PURPOSE AND COMMUNITY BENEFITS OBLIGATIONS AND IS PRESENTED AS COMMUNITY SUPPORT IN THE STATEMENT OF OPERATIONS.

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.

Related partnerships

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

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2023
Filed
31 January 2025
IRS schema version
2023v6.0
Source object
202530349349300948

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