LOU MED INC: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
LOU MED INC (EIN 92-1862183)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-08-11
IRS object ID
202602239349300515
Schema version
2025v4.2
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

FieldValueIRS element (for citing)
Return2026-08-11T08:05:00-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN611064249PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DEMING MALONE LIVESAY & OSTROFF PSCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19300 SHELBYVILLE RD STE 1100AddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP402225187ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN921862183EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LOUMED INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLOUMBusinessNameControlTxt
Phone5026295290PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1234 E GRAY STREET SUITE 235AddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP40202ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNADARECA THIBEAUXPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone5026295290PhoneNum
Signature2026-08-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTINE NICHTERPreparerPersonNm
PTINP01022180PTIN
Phone5024269660PhoneNum
Preparation2026-08-02PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerNADARECA THIBEAUXPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1234 E GRAY STREET SUITE 235AddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP40202ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,123,713GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressLOUISVILLEMEDICALEDUCATIONDISTRICT.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2023FormationYr
Legal Domicile StateKYLegalDomicileStateCd
Activity Or MissionTO CREATE A WORLD-CLASS MEDICAL EDUCATION DISTRICT THAT IS SAFE, CLEAN, INNOVATIVE, (SEE SCHEDULE O) AND COLLABORATIVE.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,971,708PYContributionsGrantsAmt
CY Contributions Grants$4,497,363CYContributionsGrantsAmt
PY Program Service Revenue$1,605,200PYProgramServiceRevenueAmt
CY Program Service Revenue$1,608,200CYProgramServiceRevenueAmt
PY Investment Income$2,065PYInvestmentIncomeAmt
CY Investment Income$18,150CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$3,578,973PYTotalRevenueAmt
CY Total Revenue$6,123,713CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$221,708PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$313,698CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,494,181PYOtherExpensesAmt
CY Other Expenses$1,370,139CYOtherExpensesAmt
PY Total Expenses$1,715,889PYTotalExpensesAmt
CY Total Expenses$1,683,837CYTotalExpensesAmt
PY Revenues Less Expenses$1,863,084PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$4,439,876CYRevenuesLessExpensesAmt
Total Assets BOY$1,785,890TotalAssetsBOYAmt
Total Assets EOY$6,175,695TotalAssetsEOYAmt
Total Liabilities BOY$50,243TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,735,647NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,175,695NetAssetsOrFundBalancesEOYAmt
MissionTO CREATE A WORLD-CLASS MEDICAL EDUCATION DISTRICT THAT IS SAFE, CLEAN, INNOVATIVE, AND COLLABORATIVE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,565,153ExpenseAmt
Revenue$1,608,200RevenueAmt
DescTHE LOUISVILLE MEDICAL AND EDUCATIONAL DISTRICT IS HOME TO FOUR INTERCONNECTED INSTITUTIONS: JEFFERSON COMMUNITY & TECHNICAL COLLEGE, NORTON HEALTHCARE, UNIVERSITY OF LOUISVILLE HEALTH SCIENCES CENTER, AND UOFL HEALTH. THE DISTRICT IS COMPRISED OF 22 CITY BLOCKS, 250 ACRES, 9.6 MILLION SQUARE FEET OF OCCUPIED SPACE IN DOWNTOWN LOUISVILLE, ATTRACTS OVER 1.5 MILLION VISITORS PER YEAR, AND EMPLOYS OVER 16,000 INDIVIDUALS. LOUMED INC SEEKS TO BUILD A WORLD CLASS MEDICAL AND EDUCATION DISTRICT. PROGRAMS AND STRATEGIC ACTIONS INCLUDE URBAN REVITALIZATION, IMPROVING COMMUNITY SPACE, IMPACTING ECONOMIC DEVELOPMENT, AND UTILIZING AN AMBASSADOR PROGRAM.Desc
Total Program Service Expenses$1,565,153TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1YVONNE PLUMMERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8124141793PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13704 E BRIDGEWATER ROADAddressLine1Txt
CitySCOTTSBURGCityNm
State AbbreviationINStateAbbreviationCd
ZIP47170ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
KEN MARSHALL
DIRECTOR1.00Yes (X)$0$0$0
GARY DRYDEN
CHAIR1.00Yes (X)$0$0$0Yes (X)
MATT AYERS
VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
JOHN WALSH
TREASURER1.00Yes (X)$0$0$0Yes (X)
DIANE SCARDINO
DIRECTOR1.00Yes (X)$0$0$0
ANDREW MCCARTHY
DIRECTOR1.00Yes (X)$0$0$0
JEFFREY BUMPOUS
DIRECTOR1.00Yes (X)$0$0$0
PAMELA TURNER
DIRECTOR1.00Yes (X)$0$0$0
TY HANDY
DIRECTOR1.00Yes (X)$0$0$0
NADARECA THIBEAUX
EXECUTIVE DIRECTOR40.00$183,394$0$36,913Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$183,394TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$36,913TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
PACE CONTRACTING
15415 SHELBYVILLE RDLOUISVILLEKY40245CONSTRUCTION$2,889,992
BLOCK BY BLOCK
640 SOUTH FOURTH STREET SUITE 110LOUISVILLEKY40202SECURITY, GROUNDS KEEPING, WAYFINDING$1,020,584
CARMAN LANDSCAPE
310 OLD VINE STREET UNIT 200LEXINGTONKY40507LANDSCAPING PROJECT$344,616
GRESHAM SMITH
111 W MAIN STREET 201LOUISVILLEKY40202DESIGN TEAM FOR CONSTRUCTION PROJECT$338,906
BCH AGENCY
307 W MUHAMMAD ALI BLVDLOUISVILLEKY40202MARKETING, PUBLIC RELATIONS$102,882
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Related Organizations$313,698RelatedOrganizationsAmt
Government Grants$4,183,665GovernmentGrantsAmt
Total Contributions$4,497,363TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMEMBERSHIP DUESDesc
Business900099BusinessCd
Total Revenue Column$1,608,200TotalRevenueColumnAmt
Related Or Exempt Func Income$1,608,200RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,608,200TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$18,150TotalRevenueColumnAmt
Exclusion$18,150ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,123,713TotalRevenueColumnAmt
Related Or Exempt Func Income$1,608,200RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$18,150ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$220,307TotalAmt
Program Services$220,307ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$69,048TotalAmt
Program Services$69,048ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,760TotalAmt
Program Services$1,760ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,723TotalAmt
Program Services$3,723ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$18,860TotalAmt
Program Services$18,860ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$30,446TotalAmt
Management And General$30,446ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$43,500TotalAmt
Management And General$43,500ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$103,924TotalAmt
Program Services$103,924ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$123,370TotalAmt
Program Services$121,810ProgramServicesAmt
Management And General$1,560ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,149TotalAmt
Management And General$2,149ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$11,787TotalAmt
Program Services$588ProgramServicesAmt
Management And General$11,199ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$20,690TotalAmt
Management And General$20,690ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,553TotalAmt
Management And General$5,553ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
AMBASSADOR PROGRAM$1,020,612$1,020,612
LOUMED PROJECTS$4,521$4,521
MEALS AND CATERING$3,587$3,587

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,683,837TotalAmt
Program Services$1,565,153ProgramServicesAmt
Management And General$118,684ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$741,796EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,735,890BOYAmt
EOY$1,538,081EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$50,000BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,895,818LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$3,895,818EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,785,890BOYAmt
EOY$6,175,695EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$50,243BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$50,243BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,735,647BOYAmt
EOY$6,175,695EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,735,647BOYAmt
EOY$6,175,695EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,785,890BOYAmt
EOY$6,175,695EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$4,439,876ReconcilationRevenueExpnssAmt
Prior Period Adjustments$172PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedYes (1)SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,895,818OtherCostOrOtherBasisAmt
Book Value$3,895,818BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,895,818TotalBookValueLandBuildingsAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonNADARECA THIBEAUXPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$183,394BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$7,336DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$29,577NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$220,307TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION HAS THE FOLLOWING MEMBERS: JEFFERSON COMMUNITY AND TECHNICAL COLLEGE (JCTC), NORTON HEALTHCARE, INC. (NORTON), UNIVERSITY OF LOUISVILLE (UNIVERSITY), AND UOFL HEALTH, INC. (UOFL HEALTH, TOGETHER WITH UNIVERSITY, UOFL). JCTC, NORTON, AND UOFL ARE COLLECTIVELY REFERRED TO AS THE VOTING MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7AEACH MEMBER HAS THE RIGHT TO APPOINT UP TO THREE DIRECTORS. HOWEVER, EACH MEMBER SHALL HAVE ONE VOTE REGARDLESS OF THE NUMBER OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7BTHE VOTING MEMBERS, UNTIL THE LAST REMAINING VOTING MEMBER HAS BEEN DISSOLVED OR RESIGNED, HAVE THE SOLE RIGHT TO VOTE AS TO THE ELECTION OF DIRECTORS OR AS TO ANY OTHER MATTERS PRESENTED TO THE MEMBERS FOR CONSIDERATION.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS PRIOR TO BEING FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY AND BOARD OFFICERS ADDRESS ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED AND PAID BY ONE OF THE MEMBER ORGANIZATIONS AS A DONATION. THEREFORE, THE W2 IS ISSUED BY THE MEMBER ORGANIZATION.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 1:IN 2025, THE ORGANIZATION CONVERTED TO THE CASH BASIS OF ACCOUNTING.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtControlled OrganizationControlledOrganizationInd
JEFFERSON COMMUNITY AND TECHNICAL COLLEGE
109 EAST BROADWAYLOUISVILLEKY40202611320380COMMUNITY AND TECHNICAL COLLEGEKYSECTION 115LINE 60
NORTON HEALTHCARE INC
224 E BROADWAYLOUISVILLEKY40202611028725PROVIDE QUALITY HEALTH CAREKY501(C)(3)LINE 12B, II0
U OF L HEALTH - LOUISVILLE INC
530 S JACKSON STREETLOUISVILLEKY40202843178470OPERATE AND MAINTAIN HOSPITALS AFFILIATED WITH U OF LKY501(C)(3)LINE 30
UNIVERSITY OF LOUISVILLE
2301 S 3RD STREETLOUISVILLEKY40208611014882UNIVERSITYKYSECTION 115LINE 60
LOUMED FOUNDATION INC
234 E GRAY STREET STE 235LOUISVILLEKY40202394298603FINANCIAL SUPPORTKY501(C)(3)LINE 70
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.