LOUISIANA STATE UNIVERSITY OF MEDICINE IN NEW ORLEANS: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- LOUISIANA STATE UNIVERSITY OF MEDICINE IN NEW ORLEANS (EIN 72-1304948)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-02-14
- IRS object ID
- 201130459349301163
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-02-14T13:30:52-06:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LaPorte Sehrt Romig & Hand | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 Veterans Memorial Blvd Suite 60 | AddressLine1 |
| City | Metairie | City |
| State | LA | State |
| ZIP Code | 700054958 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 721304948 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOUISIANA STATE UNIVERSITY SCHOOL OF MED | BusinessNameLine1 |
| Business Name Line2 | IN NEW ORLEANS FACULTY GROUP PRACTICE | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LOUI | NameControl |
| Phone | 5044121836 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1340 POYDRAS STREET SUITE 1640 | AddressLine1 |
| City | NEW ORLEANS | City |
| State | LA | State |
| ZIP Code | 70112 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | E JOHANN BULTMAN | Name |
| Title | SECRETARY | Title |
| Phone | 5044121818 | Phone |
| Date Signed | 2011-02-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Bonnie M Wyllie JD LLM | Name |
| Phone | 5048355522 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | E JOHANN BULTMAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1340 POYDRAS ST SUITE 1340 | AddressLine1 |
| City | NEW ORLEANS | City |
| State | LA | State |
| ZIP Code | 70112 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 73129158 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1995 | YearFormation |
| State Legal Domicile | LA | StateLegalDomicile |
| Activity Or Mission Description | SEE STATEMENTFACULTY GROUP PRACTICE IS ESTABLISHED TO PROMOTE THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL MISSIONS OF THE LSU MEDICAL CENTER IN NEW ORLEANS. THE FACULTY GROUP PRACTICE CONSISTS OF THE FACULTY OF THE CLINICAL DEPARTMENTS OF THE LSU SCHOOL OF MEDICINE WHOSE ACTIVITIES ARE CONDUCTED IN ASSOCIATION WITH THE HEALTHCARE INSTITUTIONS OWNED OR AFFILIATED WITH THE LSU MEDICAL CENTER. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 195 | TotalNbrEmployees |
| Total Nbr Volunteers | 15 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 962725 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 690014 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 88450547 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 72439144 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 239 | InvestmentIncomePriorYear |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 89413511 | TotalRevenuePriorYear |
| Total Revenue Current Year | 73129158 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 25682092 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 30990445 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 62240126 | OtherExpensePriorYear |
| Other Expenses Current Year | 42467531 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 87922218 | TotalExpensesPriorYear |
| Total Expenses Current Year | 73457976 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1491293 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -328818 | RevenuesLessExpensesCY |
| Total Assets BOY | 23772359 | TotalAssetsBOY |
| Total Assets EOY | 23298280 | TotalAssetsEOY |
| Total Liabilities BOY | 11964694 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 11819433 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 11807665 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 11478847 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE HEALTH CARE TO THE GENERAL PUBLIC AND ASSIST THE LSU HEALTH SCIENCE CENTER AND IN PARTICULAR THE LSU MEDICAL SCHOOL IN NEW ORLEANS IN CARRYING ON ITS MEDICAL, EDUCATIONAL, & RESEARCH FUNCTIONS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 69455998 | Expense |
| Revenue | 73129158 | Revenue |
| Description | ENHANCEMENT FUND PAYMENTS PAID TO THE LA STATE UNIVERSITY HEALTH SCIENCES CENTER HELPED SUSTAIN FACULTY TEACHING PROGRAMS, RESIDENT TRAINING, AND MEDICAL RESEARCH. THE FACULTY GROUP PRACTICE ALSO MANAGES COMMUNITY OUTREACH CLINICS SUCH AS THE NEW ORLEANS MUSICIAN'S CLINIC THAT PROVIDES DISCOUNTED CARE TO THE CITY'S MUSICIANS, BASED ON NEED. CLINICAL CARE TO THE COMMUNITY IS PROVIDED WITHOUT REGARD TO THE ABILITY TO PAY OR THE POSSESSION OF INSURANCE. During the year ending June 30, 2010, charity charges entered into the billing system and adjusted off totaled over $39.1 million which represents 23% of the total gross charges for the fiscal year. Also, during the year ending June 30, 2010, total free care patient visits were 148,760. | Description |
| Total Program Service Expense | 69455998 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 19 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 195 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOEL SELLERS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5044121836 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1340 POYDRAS ST SUITE 1640 | AddressLine1 |
| City | NEW ORLEANS | City |
| State | LA | State |
| ZIP Code | 70112 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (18 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| KEITH FERDINAND MD | ||||||||
| COMMUNITY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| JIM FUNK | ||||||||
| COMMUNITY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| MICHAEL G MANES | ||||||||
| COMMUNITY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| JIM LEONARD MD | ||||||||
| COMMUNITY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| JOHN J FINAN JR | ||||||||
| COMMUNITY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| E JOHANN BULTMAN | ||||||||
| COMMUNITY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| DANIEL NUSS MD | ||||||||
| BOARD MEMBER, CHAIR REPR | 1.00 | X | 0 | 0 | 0 | |||
| STEVE NELSON MD | ||||||||
| LSU SCHOOL OF MEDICINE D | 1.00 | X | 0 | 0 | 0 | |||
| KEITH MELANCON MD | ||||||||
| BOARD MEMBER, FACULTY RE | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT BATSON MD | ||||||||
| BOARD MEMBER, FACULTY RE | 1.00 | X | 0 | 0 | 0 | |||
| KIM EDWARD LEBLANC MD | ||||||||
| bOARD MEMBER, CHAIR REPR | 1.00 | X | 0 | 0 | 0 | |||
| STANLEY JACOBS | ||||||||
| BOARD MEMBER, LSU BOARD | 1.00 | X | 0 | 0 | 0 | |||
| JOSEPH CORSO | ||||||||
| BOARD MEMBER, LSU PRESID | 1.00 | X | 0 | 0 | 0 | |||
| HENRY MILLER | ||||||||
| COMMUNITY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| CARROLL W SUGGS | ||||||||
| COMMUNITY BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| JANE E OLDS | ||||||||
| COO | 40.00 | 155190 | 0 | 15861 | X | X | ||
| JOEL C SELLERS | ||||||||
| CFO | 40.00 | 133664 | 3383 | 15032 | X | X | ||
| DONALD VARNADO | ||||||||
| ceo | 40.00 | 138864 | 0 | 0 | X | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 427718 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 3383 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 30893 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ACADIANA COMPUTER SERVICES | |||||
| PO BOX 60670 | LAFEYETTE | LA | 70596 | BILLING SERVICES | 1957695 |
| PER-SE TECHNOLOGIES INC | |||||
| PO BOX 403421 | ATLANTA | GA | 30384 | BILLING SERVICES | 1883728 |
| CHC OF LOUISIANA INC | |||||
| PO BOX 6483 | CAROL STREAM | IL | 60197 | INSURANCE BROKER | 655595 |
| EUStiS INSURANCE INC | |||||
| 1340 POYDRAS ST SUITE 1900 | NEW ORLEANS | LA | 70112 | INSURANCE BROKER | 152684 |
| ALLSCRIPTS LLC | |||||
| 24630 NETWORK PLEACE | CHICAGO | IL | 60673 | EHR LICENSING FEES AND MAINTENANCE | 133950 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Government Grants | 690014 | GovernmentGrants |
| Total Contributions | 690014 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PATIENT SERVICE REVENU | 621110 | 48840553 | 48840553 |
| CAPITATION REVENUE | 621110 | 23598591 | 23598591 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 72439144 | TotalProgramServiceRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 73129158 | TotalRevenueColumn |
| Related Or Exempt Function Income | 72439144 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 527487 | Total |
| Program Services | 474738 | ProgramServices |
| Management And General | 52749 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28768160 | Total |
| Program Services | 25891344 | ProgramServices |
| Management And General | 2876816 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1203622 | Total |
| Program Services | 1083260 | ProgramServices |
| Management And General | 120362 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 491176 | Total |
| Program Services | 442058 | ProgramServices |
| Management And General | 49118 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69270 | Total |
| Program Services | 62343 | ProgramServices |
| Management And General | 6927 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10651 | Total |
| Program Services | 9586 | ProgramServices |
| Management And General | 1065 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 144364 | Total |
| Program Services | 129928 | ProgramServices |
| Management And General | 14436 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 181958 | Total |
| Program Services | 163762 | ProgramServices |
| Management And General | 18196 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 313999 | Total |
| Program Services | 282599 | ProgramServices |
| Management And General | 31400 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1485643 | Total |
| Program Services | 1337079 | ProgramServices |
| Management And General | 148564 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32790 | Total |
| Program Services | 29511 | ProgramServices |
| Management And General | 3279 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14686 | Total |
| Program Services | 13217 | ProgramServices |
| Management And General | 1469 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3777 | Total |
| Program Services | 3777 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 979327 | Total |
| Program Services | 881394 | ProgramServices |
| Management And General | 97933 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 782579 | Total |
| Program Services | 704321 | ProgramServices |
| Management And General | 78258 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| MEDICAL SUPPLIES | 17502187 | 17502187 | |
| BAD DEBT EXPENSE | 7334633 | 7334633 | |
| PAYMENT TO LSUHSC - MED | 4043210 | 4043210 | |
| GENERAL AND ADMINISTRAT | 3764831 | 3388348 | 376483 |
| BILLING EXPENSE | 3577830 | 3577830 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2225796 | Total |
| Program Services | 2100873 | ProgramServices |
| Management And General | 124923 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73457976 | Total |
| Program Services | 69455998 | ProgramServices |
| Management And General | 4001978 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6964188 | BOY |
| EOY | 7984536 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11653370 | BOY |
| EOY | 10583231 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139740 | BOY |
| EOY | 219683 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2368576 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1623084 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 899239 | BOY |
| EOY | 745492 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4115822 | BOY |
| EOY | 3765338 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23772359 | BOY |
| EOY | 23298280 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4425583 | BOY |
| EOY | 3259566 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 384391 | BOY |
| EOY | 18 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7154720 | BOY |
| EOY | 8559849 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11964694 | BOY |
| EOY | 11819433 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11807665 | BOY |
| EOY | 11478847 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11807665 | BOY |
| EOY | 11478847 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23772359 | BOY |
| EOY | 23298280 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type2 | X | SupportingOrg509a3Type2 |
| Certification Checkbox | X | CertificationCheckbox |
| Contrib By Controlling Individual | 0 | ContribByControllingIndividual |
| Contribution By Related Party | 0 | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | 0 | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LSU HEALTH SCIENCES CENTER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 726087770 | EIN |
| Type Of Organization | 2 | TypeOfOrganization |
| Listed In Governing Doc | 1 | ListedInGoverningDoc |
| Supported Organization Notified | 1 | SupportedOrganizationNotified |
| Organized In US | 1 | OrganizedInUS |
| Amount | $26,804,962 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 26804962 | SumOfAmounts |
| General Explanation | Schedule A, Part IV, Supplemental Information: SCHEDULE A PART I LINE 11 COLUMN VII - THE TOTAL AMOUNT OF MONETARY SUPPORT of $26,804,962 is for the reimbursement of clinical and administrative services and leased faculty expense provided by LSU Health Science Center to LSU School of Medicine Faculty Group. it also includes the LSU School of Medicine Faculty Group support payment to lsu health science center's medical school endowment fund. | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 427148 | OtherCostOrOtherBasis |
| Depreciation | 296930 | Depreciation |
| Book Value | 130218 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1941428 | OtherCostOrOtherBasis |
| Depreciation | 1326154 | Depreciation |
| Book Value | 615274 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 745492 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| LICENSE FEES AND INSTALLATION | 991944 | C |
| deposITS and investments | 2773394 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 3765338 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| LEASES PAYABLE | $32,286 |
| DUE TO LSU MEDICAL CENTER | $8,527,563 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 8559849 | TotalOfAmounts |
| Total Revenue | 73129158 | TotalRevenue |
| Total Expenses | 73457976 | TotalExpenses |
| Excess Or Deficit For Year | -328818 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | -328818 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 65794525 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 65794525 | RevenueSubtotal |
| Other Revenues Not Included | 7334633 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 7334633 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 73129158 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 66123343 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 66123343 | ExpensesSubtotal |
| Other Expenses Not Included | 7334633 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 7334633 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 73457976 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | On July 1, 2009, LSUHN adopted the provisions of the Accounting for Uncertainty in Income Taxes Topic of the FASB ASC, which clarifies the accounting and recognition for income tax positions taken, or expected to be taken, in LSUHN's income tax returns. As a result of this adoption, the LSUHN believes there was no impact to the consolidated financial statements and did not record any adjustment to the beginning balance of net assets on the Consolidated Balance Sheets. All tax returns have been appropriately filed by LSUHN. LSUHN recognizes interest and penalties, if any, related to unrecognized tax benefits in income tax expense. LSUHN files income tax returns with federal and state jurisdictions. LSUHN's open audit periods are 2006 - 2009. Management evaluated the LSUHN's tax positions and concluded that LSUHN had taken no uncertain tax positions that require adjustments to the consolidated financial statements to comply with the provisions of this guidance. |
| Part XII, Line 4b - Other Adjustments: | BAD DEBT EXPENSE - $7,334,633 | |
| Part XIII, Line 4b - Other Adjustments: | BAD DEBT EXPENSE - $7,334,633 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JANE E OLDS | |||||||||||||
| 155190 | 0 | 0 | 0 | 0 | 0 | 7759 | 0 | 8102 | 0 | 171051 | 0 | 0 | 0 |
| JOEL C SELLERS | |||||||||||||
| 133664 | 3383 | 0 | 0 | 0 | 0 | 6683 | 0 | 8349 | 0 | 148696 | 3383 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | UPON COMPLETION OF THE FINAL DRAFT OF FORM 990, A COPY OF THE DRAFT IS SENT TO MEMBERS OF THE AUDIT COMMITTEE. THE AUDIT COMMITTEE IS THEN CONVENED WITH REPRESENTATIVES OF THE OUTSIDE CPA FIRM TO DISCUSS THE FORM. AFTER ACCEPTANCE BY THE COMMITTEE, THE FORM IS THEN REVIEWED BY THE BOARD OF DIRECTORS. WHEN THIS REVIEW IS COMPLETE, THE FORM IS FILED WITH THE APPLICABLE AGENCIES. | |
| Form 990, Part VI, Section B, line 12c | THE ORGANIZATION ANNUALLY REQUIRES ALL EMPLOYEES AND TRUSTEES TO DISCLOSE ANY POTENTIAL PERSONAL OR BUSINESS ASSOCIATIONS WHICH COULD BE PERCEIVED AS A CONFLICT OF INTEREST. ALL TRUSTEES ARE REQUIRED, AT A MINIMUM, TO DISCLOSE ANY POTENTIAL PERSONAL OR BUSINESS ASSOCIATION WHICH MAY BE A CONFLICT OF INTEREST ON FORMS PROVIDED TO THEM. EMPLOYEES ARE REQUIRED TO DISCLOSE SUCH CONFLICTS WHEN HIRED AND ARE AN ON-GOING REQUIREMENT OF EMPLOYMENT. NEW TRUSTEES AND EMPLOYEES ARE ALSO REQUIRED TO ATTEND AN ORIENTATION WHERE THIS SPECIFIC TOPIC IS DISCUSSED. IF AN EMPLOYEE OR TRUSTEE IS DEEMED TO HAVE A CONFLICT OF INTEREST THEY MUST RECUSE THEMSELVES FROM VOTING ON THE ISSUE. | |
| Form 990, Part VI, Section B, line 15 | THE EXECUTIVE COMMITTEE OF THE BOARD MEETS ANNUALLY TO REVIEW THE COMPENSATION OF THE PRESIDENT AND CEO AS WELL AS SENIOR MANAGEMENT OF THE FOUNDATION. THE REVIEW CONISTS OF COMPARISONS TO OTHER NON PROFITS IN THE AREA, REVIEW OF ANNUAL COMPENSATION SURVEYS, AND A REVIEW OF OVERALL MARKETS TRENDS IN THE INDUSTRY. THIS INFORMATION IS PRESENTED TO THE COMBINED EXECUTIVE/FINANCE COMMITTEE AND FINALLY, THE BOARD OF DIRECTORS. THIS REVIEW IS DOCUMENTED IN THE WRITTEN MINUTES. | |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATION PROIVDES THIS FORM AS WELL AS VARIOUS POLICIES TO THE THE GENERAL PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | |
| FORM 990, SCHEDULE R, PART I, LINE 4, COLUMN D: | LSUHN BILLING LLC IS A DISREGARDED ENTITY THAT CONDUCTS THE BILLING FOR THE LAFAYETTE AND BATON ROUGE REGION OF LOUISIANA FOR LOUISIANA STATE UNIVERSITY SCHOOL OF MEDICINE IN NEW ORLEANS FACULTY (LSUHN) GROUP PRACTICE. MONEY IS DEPOSITED INTO THE LSUHN BILLING LLC'S BANK ACCOUNT EVERYDAY, AND AT THE END OF THE DAY IT IS SWEPT INTO THE LSUHN'S BANK ACCOUNT. THE INCOME FROM LSU BILLING, LLC, IS INCLUDED IN LSUHN'S FINANCIALS. | LSUHN BILLING LLC TOTAL INCOME |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY TECHNOLOGY GROUP LLC | |||||||||
| 1340 POYDRAS ST SUITE 1640 | NEW ORLEANS | LA | 70112 | 721436427 | INACTIVE ENTITY | LA | 0 | 0 | LSU ScHOOL OF MEDicine in new orleans faculty group practice |
| UNIVERSITY MEDICAL GROUP LLC | |||||||||
| 1340 POYDRAS ST SUITE 1640 | NEW ORLEANS | LA | 70112 | 721424889 | PHYSICIAN HEALTH CARE SERVICES | LA | 23598591 | 10218626 | LSU ScHOOL OF MEDicine in new orleans faculty group practice |
| LSUHN SURGERY CENTER LLC | |||||||||
| 1340 POYDRAS ST SUITE 1640 | NEW ORLEANS | LA | 70112 | 861063284 | INACTIVE ENTITY | LA | 0 | 0 | LSU ScHOOL OF MEDicine in new orleans faculty group practice |
| LSUHN BILLING LLC | |||||||||
| 1340 POYDRAS ST SUITE 1640 | NEW ORLEANS | LA | 70112 | 261531455 | BILLING COMPANY | LA | 12473008 | 0 | LSU ScHOOL OF MEDicine in new orleans faculty group practice |
| LSUHN VASCULAR LAB LLC | |||||||||
| 1340 POYDRAS ST SUITE 1640 | NEW ORLEANS | LA | 70112 | 271244610 | VASCULAR LABORATORY | LA | 0 | 0 | LSU ScHOOL OF MEDicine in new orleans faculty group practice |
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LSU HEALTH SCIENCES CENTER | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 433 BOLIVAR STREET 401C | AddressLine1 |
| City | NEW ORLEANS | City |
| State | LA | State |
| ZIP Code | 70112 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 726087770 | EIN |
| Primary Activities | HEALTHCARE | PrimaryActivities |
| Legal Domicile State | LA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 509(A)(2) | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Comments