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Nonprofiteer
← LAFAYETTE GENERAL MEDICAL CENTER INC

Form 990 for tax year 2023

Filed by LAFAYETTE GENERAL MEDICAL CENTER INC.

Totals

Total revenue
$681,873,436
Total expenses
$632,536,734
Contributions and grants received
$2,585
Grants paid
$113,404
Program services expenses (Part IX)
$602,573,522
Management and general expenses
$29,963,160
Fundraising expenses
$52
Program service expenses (Part III)
$602,573,522

Program services were 95.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BRAD BROUSSARD MD

    TRUSTEE (END 2/2023)

    Total calculated
    $40,198
    From this org
    $0
    From related orgs
    $40,198
    Other
    $0
    Hours/week
    1 + 1 related

  • CASEY HOYT

    TRUSTEE

    Total calculated
    $198
    From this org
    $0
    From related orgs
    $198
    Other
    $0
    Hours/week
    1 + 2 related

  • CHRIS RADER

    TRUSTEE (BEG 2/2023)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CLAY ALLEN

    EMERITUS TRUSTEE NON-VOTING

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DAVID WILSON

    TRUSTEE

    Total calculated
    $56,192
    From this org
    $0
    From related orgs
    $56,192
    Other
    $0
    Hours/week
    1 + 6 related

  • EDWARD YERGER

    TRUSTEE (BEG 2/2023)

    Total calculated
    $4,048,258
    From this org
    $0
    From related orgs
    $2,490,432
    Other
    $1,557,826
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $898,304 related
    Bonus
    $0 + $37,333 related
    Other
    $0 + $1,554,795 related
    Deferred
    $0 + $6,800 related
    Nontaxable benefits
    $0 + $22,054 related
    Filer's total
    $0 + $2,519,286 related

  • FRANK WALKER

    TREASURER

    Total calculated
    $508
    From this org
    $0
    From related orgs
    $508
    Other
    $0
    Hours/week
    1 + 1 related

  • JARED S QUOYESER

    TRUSTEE & CHAIRMAN

    Total calculated
    $55,410
    From this org
    $0
    From related orgs
    $55,410
    Other
    $0
    Hours/week
    1 + 7 related

  • JENNIFER JACKSON EDD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JERRY VASCOCU

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • JOHN P SCHUTTE MD

    TRUSTEE & VICE CHAIR

    Total calculated
    $508,511
    From this org
    $0
    From related orgs
    $478,530
    Other
    $29,981
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $457,597 related
    Bonus
    $0 + $1,500 related
    Other
    $0 + $19,433 related
    Deferred
    $0 + $6,800 related
    Nontaxable benefits
    $0 + $23,181 related
    Filer's total
    $0 + $508,511 related

  • JULIE BROUSSARD MD

    CHIEF OF STAFF, TRUSTEE (BEG 1/2023)

    Total calculated
    $798,071
    From this org
    $0
    From related orgs
    $773,709
    Other
    $24,362
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $731,478 related
    Bonus
    $0 + $4,833 related
    Other
    $0 + $37,398 related
    Deferred
    $0 + $3,400 related
    Nontaxable benefits
    $0 + $20,962 related
    Filer's total
    $0 + $798,071 related

  • JUSTIN BACK

    TRUSTEE (BEG 2/2023)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MARY ELLEN HENRY

    TRUSTEE & SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MICHAEL HULEFELD

    TRUSTEE

    Total calculated
    $3,788,709
    From this org
    $0
    From related orgs
    $3,305,352
    Other
    $483,357
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,464,426 related
    Bonus
    $0 + $1,790,000 related
    Other
    $0 + $50,926 related
    Deferred
    $0 + $459,105 related
    Nontaxable benefits
    $0 + $24,252 related
    Filer's total
    $0 + $3,788,709 related

  • MOLLY B THOMAS MD

    TRUSTEE

    Total calculated
    $805,393
    From this org
    $0
    From related orgs
    $770,610
    Other
    $34,783
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $748,298 related
    Bonus
    $0 + $1,500 related
    Other
    $0 + $20,812 related
    Deferred
    $0 + $6,800 related
    Nontaxable benefits
    $0 + $27,983 related
    Filer's total
    $0 + $805,393 related

  • PEGGY GIGLIO

    TRUSTEE

    Total calculated
    $515
    From this org
    $0
    From related orgs
    $515
    Other
    $0
    Hours/week
    1 + 3 related

  • PETE NOVEMBER

    TRUSTEE

    Total calculated
    $5,035,779
    From this org
    $0
    From related orgs
    $4,183,651
    Other
    $852,128
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,986,279 related
    Bonus
    $0 + $2,130,600 related
    Other
    $0 + $66,772 related
    Deferred
    $0 + $824,717 related
    Nontaxable benefits
    $0 + $27,411 related
    Filer's total
    $0 + $5,035,779 related

  • RAMESH KOLLURU

    TRUSTEE

    Total calculated
    $489
    From this org
    $0
    From related orgs
    $489
    Other
    $0
    Hours/week
    1 + 1 related

  • RESHMA BHANUSHALI MD

    TRUSTEE (BEG 2/2023)

    Total calculated
    $367,059
    From this org
    $0
    From related orgs
    $360,086
    Other
    $6,973
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $344,595 related
    Bonus
    $0 + $1,500 related
    Other
    $0 + $13,991 related
    Deferred
    $0 + $6,800 related
    Nontaxable benefits
    $0 + $173 related
    Filer's total
    $0 + $367,059 related

  • RICKY MINIEX

    TRUSTEE

    Total calculated
    $830
    From this org
    $0
    From related orgs
    $830
    Other
    $0
    Hours/week
    1 + 1 related

  • ROBERT HART MD

    TRUSTEE

    Total calculated
    $2,915,085
    From this org
    $0
    From related orgs
    $2,701,841
    Other
    $213,244
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,241,890 related
    Bonus
    $0 + $1,375,000 related
    Other
    $0 + $84,951 related
    Deferred
    $0 + $194,300 related
    Nontaxable benefits
    $0 + $18,944 related
    Filer's total
    $0 + $2,915,085 related

  • WAYNE CESTIA MD

    TRUSTEE

    Total calculated
    $198
    From this org
    $0
    From related orgs
    $198
    Other
    $0
    Hours/week
    1 + 1 related

  • WILLIAM H FENSTERMAKER

    EMERITUS TRUSTEE NON-VOTING

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • AL J PATIN

    EVP - CEO LGMC

    Total calculated
    $683,300
    From this org
    $0
    From related orgs
    $626,587
    Other
    $56,713
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $439,629 related
    Bonus
    $0 + $160,423 related
    Other
    $0 + $26,535 related
    Deferred
    $0 + $29,718 related
    Nontaxable benefits
    $0 + $26,995 related
    Filer's total
    $0 + $683,300 related

  • KIM L HEBERT

    CHIEF FINANCIAL OFFICER - LGMC

    Total calculated
    $327,899
    From this org
    $0
    From related orgs
    $320,926
    Other
    $6,973
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $249,291 related
    Bonus
    $0 + $64,375 related
    Other
    $0 + $7,260 related
    Deferred
    $0 + $6,800 related
    Nontaxable benefits
    $0 + $173 related
    Filer's total
    $0 + $327,899 related

  • DAVID L CALLECOD

    FORMER TRUSTEE

    Total calculated
    $931,604
    From this org
    $0
    From related orgs
    $931,604
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $931,604 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $931,604 related

  • BRADLEY J CHASTANT MD

    FORMER CHIEF OF STAFF, TRUSTEE

    Total calculated
    $414,545
    From this org
    $0
    From related orgs
    $394,210
    Other
    $20,335
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $382,937 related
    Bonus
    $0 + $1,500 related
    Other
    $0 + $9,773 related
    Deferred
    $0 + $3,400 related
    Nontaxable benefits
    $0 + $16,935 related
    Filer's total
    $0 + $414,545 related

  • PATRICK W GANDY

    CHIEF EXECUTIVE OFFICER-LGHS

    Total calculated
    $1,101,401
    From this org
    $0
    From related orgs
    $999,885
    Other
    $101,516
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $691,421 related
    Bonus
    $0 + $277,384 related
    Other
    $0 + $31,080 related
    Deferred
    $0 + $77,533 related
    Nontaxable benefits
    $0 + $23,983 related
    Filer's total
    $0 + $1,101,401 related

  • DAMON E PATTERSON

    FORMER HIGHEST COMPENSATED

    Total calculated
    $892,673
    From this org
    $0
    From related orgs
    $875,433
    Other
    $17,240
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $789,276 related
    Bonus
    $0 + $1,500 related
    Other
    $0 + $84,657 related
    Deferred
    $0 + $6,800 related
    Nontaxable benefits
    $0 + $10,440 related
    Filer's total
    $0 + $892,673 related

  • JAMIE JOSEPH MD

    FORMER HIGHEST COMPENSATED

    Total calculated
    $851,957
    From this org
    $0
    From related orgs
    $844,900
    Other
    $7,057
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $830,486 related
    Bonus
    $0 + $1,500 related
    Other
    $0 + $12,914 related
    Deferred
    $0 + $6,800 related
    Nontaxable benefits
    $0 + $257 related
    Filer's total
    $0 + $851,957 related

  • JASON A BREAUX MD

    FORMER HIGHEST COMPENSATED

    Total calculated
    $988,702
    From this org
    $0
    From related orgs
    $885,072
    Other
    $103,630
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $841,476 related
    Bonus
    $0 + $1,500 related
    Other
    $0 + $42,096 related
    Deferred
    $0 + $82,668 related
    Nontaxable benefits
    $0 + $20,962 related
    Filer's total
    $0 + $988,702 related

  • MEGAN E DAIGLE

    FORMER HIGHEST COMPENSATED

    Total calculated
    $888,201
    From this org
    $0
    From related orgs
    $872,628
    Other
    $15,573
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $756,421 related
    Bonus
    $0 + $1,500 related
    Other
    $0 + $114,707 related
    Deferred
    $0 + $6,800 related
    Nontaxable benefits
    $0 + $8,773 related
    Filer's total
    $0 + $888,201 related

  • MICHAEL S CAIN MD

    FORMER HIGHEST COMPENSATED

    Total calculated
    $907,960
    From this org
    $0
    From related orgs
    $879,668
    Other
    $28,292
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $876,135 related
    Bonus
    $0 + $1,500 related
    Other
    $0 + $2,033 related
    Deferred
    $0 + $6,800 related
    Nontaxable benefits
    $0 + $21,492 related
    Filer's total
    $0 + $907,960 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 · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Discretionary spending account
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 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
FIRST-CLASS OR CHARTER TRAVEL: OCHSNER'S BUSINESS TRAVEL POLICY OCCASIONALLY ALLOWS EMPLOYEES TO FLY FIRST-CLASS, SUCH AS WHEN OTHER SEATING IS NOT AVAILABLE OR FOR TRANS-ATLANTIC FLIGHTS. OCHSNER'S CEO, MEMBERS OF THE BOARD, MEMBERS OF MANAGEMENT, AND FAMILY MEMBERS ALSO FLEW ON CHARTER FLIGHTS. USE OF BUSINESS AIRCRAFT BY PERSONNEL OF OCHSNER CAN INCREASE PRODUCTIVITY, INCREASE FACE-TO-FACE BUSINESS CONTACT, FACILITATE TRAVEL TO LOCATIONS WITH INADEQUATE COMMERCIAL SERVICE, IMPROVE SECURITY AND FACILITATE OCHSNER'S ABILITY TO ALTER THE TRAVEL PLANS OF KEY EXECUTIVES, ON SHORT NOTICE, WHEN NECESSITATED BY BUSINESS EXIGENCIES. IN THE EVENT A FLIGHT IS USED FOR PERSONAL USE, OR A GUEST ATTENDS OTHER THAN FOR A BUSINESS PURPOSE, THESE FLIGHTS ARE INCLUDED IN TAXABLE WAGES. 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 AND ACCOMMODATIONS FOR THE ATTENDING SPOUSES OF OFFICERS, KEY EMPLOYEES, AND BOARD MEMBERS. WITH SENIOR LEADERSHIP APPROVAL, OCCASIONALLY A FAMILY MEMBER TRAVELS WITH THE EMPLOYEE OR BOARD MEMBER FOR NON-BUSINESS REASONS, IN WHICH CASE THE COMPANION TRAVEL WOULD BE INCLUDABLE IN COMPENSATION OF THE EMPLOYEE OR BOARD MEMBER. TRAVEL FOR COMPANIONS WERE REPORTED AS TAXABLE COMPENSATION TO THE EMPLOYEES OR BOARD MEMBERS AND GROSSED UP. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: OCHSNER GROSSES UP NON-CASH COMPENSATION TO BOARD MEMBERS AND OFFICERS FOR THE FOLLOWING: * SPOUSAL TRAVEL TO THE BOARD AND MANAGEMENT DEVELOPMENTAL RETREATS. SPOUSES ARE ENCOURAGED TO ATTEND THESE EVENTS TO FURTHER THE RELATIONSHIPS WITHIN THE BOARD MEMBERS AND EXECUTIVE TEAM. * PARTICIPANT AND COMPANION ENTERTAINMENT AT BOARD AND MANAGEMENT DEVELOPMENTAL RETREATS. * HOLIDAY GIFTS TO THE BOARD MEMBERS AND EXECUTIVE TEAM. * SERVICE/EMPLOYEE ENGAGEMENT AWARD. THERE ARE 4 BOARD MEMBERS AND OFFICERS, AND 2 OF THE KEY EMPLOYEES, RECEIVED GROSS-UP PAYMENTS IN 2023. DISCRETIONARY SPENDING ACCOUNT: MEMBERS OF EXECUTIVE TEAM MAY BE PROVIDED WITH AN AUTOMOBILE ALLOWANCE, WHICH IS INCLUDED IN TAXABLE INCOME. IN 2023, 5 EXECUTIVES RECEIVED THIS ALLOWANCE.
PART I, LINE 1B
CHARTER AIRCRAFT USE AND TAX INDEMNIFICATION AND GROSS-UP PAYMENTS ARE SUBJECT TO EXECUTIVE APPROVAL
PART I, LINE 3
THE OFFICERS OF THE ORGANIZATION ARE NOT COMPENSATED BY THE ORGANIZATION, BUT ARE COMPENSATED BY RELATED ORGANIZATIONS FOR THEIR ROLES AS OFFICERS AND EXECUTIVES OF THE OCHSNER CLINIC FOUNDATION. THE METHODS USED INCLUDE A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACTS, A COMPENSATION SURVEY, AND APPROVAL BY THE COMPENSATION COMMITTEE.
PART I, LINES 4A-B
SCHEDULE J PART I, LINE 4A SEVERANCE PAYMENTS THE FOLLOWING SEVERANCE PAYMENT WAS MADE IN 2023, PURSUANT TO THE TERMS OF A SEPARATION AGREEMENT: * DAVID L CALLECOD, FORMER OFFICER, IN THE AMOUNT OF $931,604.18 SCHEDULE J 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 2023: * PETER C NOVEMBER, CHIEF EXECUTIVE OFFICER; NO DISTRIBUTION. * MICHAEL F HULEFELD, PRESIDENT AND CHIEF OPERATING OFFICER; NO DISTRIBUTION.

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

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
12 November 2024
IRS schema version
2023v5.1
Source object
202443199349304729

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