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← UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATON

Form 990 for tax year 2024

Filed by UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATON.

Totals

Total revenue
$792,867,500
Total expenses
$864,472,758
Contributions and grants received
$6,079,981
Grants paid
$554,152
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$727,413,561
Management and general expenses
$137,059,197
Fundraising expenses
$0
Program service expenses (Part III)
$727,413,561

Program services were 84.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • SANDRA BROWN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DARRYL BERGER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GREGORY C FEIRN

    BOARD MEMBER

    Total calculated
    $3,735,208
    From this org
    $0
    From related orgs
    $2,780,273
    Other
    $954,935
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,794,145 related
    Bonus
    $0 + $978,328 related
    Other
    $0 + $7,800 related
    Deferred
    $0 + $935,836 related
    Nontaxable benefits
    $0 + $19,099 related
    Filer's total
    $0 + $3,735,208 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

    FINANCE COMMITTEE CHAIR

    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

    QUALITY COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL G GRIFFIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PATRICK GREIFFENSTEIN

    MED STAFF PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • JOHN NICKENS

    CEO

    Total calculated
    $2,529,529
    From this org
    $0
    From related orgs
    $2,074,968
    Other
    $454,561
    Hours/week
    25 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,531,900 related
    Bonus
    $0 + $535,268 related
    Other
    $0 + $7,800 related
    Deferred
    $0 + $440,345 related
    Nontaxable benefits
    $0 + $14,216 related
    Filer's total
    $0 + $2,529,529 related

  • PAUL GLADDEN MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHRISTINE M BOND

    CHIEF FINANCIAL OFFICER

    Total calculated
    $477,866
    From this org
    $0
    From related orgs
    $453,186
    Other
    $24,680
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $372,252 related
    Bonus
    $0 + $80,934 related
    Other
    $0
    Deferred
    $0 + $13,800 related
    Nontaxable benefits
    $0 + $10,880 related
    Filer's total
    $0 + $477,866 related

  • WILLIAM KILLINGER

    CHIEF MEDICAL OFFICER

    Total calculated
    $702,510
    From this org
    $0
    From related orgs
    $670,060
    Other
    $32,450
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $352,030 related
    Bonus
    $0 + $117,071 related
    Other
    $0 + $200,959 related
    Deferred
    $0 + $12,415 related
    Nontaxable benefits
    $0 + $20,035 related
    Filer's total
    $0 + $702,510 related

  • ALLISON GUSTE

    CHIEF NURSING OFFICER

    Total calculated
    $466,207
    From this org
    $0
    From related orgs
    $437,767
    Other
    $28,440
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $345,810 related
    Bonus
    $0 + $85,457 related
    Other
    $0 + $6,500 related
    Deferred
    $0 + $10,840 related
    Nontaxable benefits
    $0 + $17,600 related
    Filer's total
    $0 + $466,207 related

  • CHARLOTTE PARENT

    VP OF BUSINESS DEVELOPMENT

    Total calculated
    $310,772
    From this org
    $0
    From related orgs
    $292,000
    Other
    $18,772
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $238,378 related
    Bonus
    $0 + $47,622 related
    Other
    $0 + $6,000 related
    Deferred
    $0 + $11,234 related
    Nontaxable benefits
    $0 + $7,538 related
    Filer's total
    $0 + $310,772 related

  • TOM PATRIAS

    CHIEF OPERATING OFFICER

    Total calculated
    $507,003
    From this org
    $0
    From related orgs
    $475,133
    Other
    $31,870
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $409,562 related
    Bonus
    $0 + $65,571 related
    Other
    $0
    Deferred
    $0 + $13,800 related
    Nontaxable benefits
    $0 + $18,070 related
    Filer's total
    $0 + $507,003 related

  • WILLIAM DENSON

    PHYSICIAN

    Total calculated
    $409,958
    From this org
    $0
    From related orgs
    $384,436
    Other
    $25,522
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $384,436 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $13,228 related
    Nontaxable benefits
    $0 + $12,294 related
    Filer's total
    $0 + $409,958 related

  • DAVID JANZ

    PHYSICIAN

    Total calculated
    $697,774
    From this org
    $0
    From related orgs
    $642,497
    Other
    $55,277
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $592,497 related
    Bonus
    $0 + $50,000 related
    Other
    $0
    Deferred
    $0 + $37,659 related
    Nontaxable benefits
    $0 + $17,618 related
    Filer's total
    $0 + $697,774 related

  • MARCELYN RUELLO

    CRNA

    Total calculated
    $337,146
    From this org
    $0
    From related orgs
    $322,661
    Other
    $14,485
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $322,441 related
    Bonus
    $0 + $220 related
    Other
    $0
    Deferred
    $0 + $10,507 related
    Nontaxable benefits
    $0 + $3,978 related
    Filer's total
    $0 + $337,146 related

  • KIM SERVARY

    CRNA

    Total calculated
    $397,853
    From this org
    $0
    From related orgs
    $367,685
    Other
    $30,168
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $367,260 related
    Bonus
    $0 + $425 related
    Other
    $0
    Deferred
    $0 + $13,800 related
    Nontaxable benefits
    $0 + $16,368 related
    Filer's total
    $0 + $397,853 related

  • ERIN BUJOL

    PHYSICIAN

    Total calculated
    $396,980
    From this org
    $0
    From related orgs
    $340,384
    Other
    $56,596
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $330,384 related
    Bonus
    $0 + $10,000 related
    Other
    $0
    Deferred
    $0 + $36,130 related
    Nontaxable benefits
    $0 + $20,466 related
    Filer's total
    $0 + $396,980 related

  • LISA MIRANDA

    FORMER OFFICER

    Total calculated
    $447,040
    From this org
    $0
    From related orgs
    $419,089
    Other
    $27,951
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $335,960 related
    Bonus
    $0 + $83,129 related
    Other
    $0
    Deferred
    $0 + $12,120 related
    Nontaxable benefits
    $0 + $15,831 related
    Filer's total
    $0 + $447,040 related

  • EMILY SEDGWICK

    FORMER CEO

    Total calculated
    $682,825
    From this org
    $0
    From related orgs
    $682,825
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $682,825 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $682,825 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 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 5a · Pay contingent on this organization's revenues

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 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 13 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
EMILY SEDGWICK RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $682,825 AND WILLIAM KILLINGER RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $200,959.
PART I, LINE 5
THE LCMC HEALTH SYSTEM OFFERS AN INCENTIVE COMPENSATION PLAN FOR EMPLOYEES AT THE DIRECTOR LEVEL AND ABOVE. PAYOUTS ARE BASED ON A BALANCED SCORECARD OF OBJECTIVE MEASURES ACROSS THREE KEY AREAS: SERVICE AND PEOPLE, QUALITY, AND GROWTH AND PERFORMANCE IMPROVEMENT. EACH AREA INCLUDES SPECIFIC, MEASURABLE TARGETSSUCH AS FINANCIAL PERFORMANCE METRICS, CLINICAL AND QUALITY OUTCOMES, AND GROWTH INITIATIVESTHAT COLLECTIVELY DETERMINE OVERALL RESULTS. TARGETS ARE SET AT THE START OF EACH FISCAL YEAR, WITH FINAL PERFORMANCE ASSESSED AND PAYOUTS CALCULATED ONCE ALL RESULTS, INCLUDING FINANCIAL OUTCOMES, HAVE BEEN FINALIZED.

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)

    $410,400

    IN 2024, UMCMC DONATED $410,400 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.

  • LCMC HEALTH CLINICAL SERVICES DBA NOLA PHYSICIAN GROUP

    $142,134

    IN 2024, UMCMC DONATED $142,134 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
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202533189349313363

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