ST TAMMANY HOSPITAL FOUNDATION

EIN: 371458857 501(c)(3) Health Care

COVINGTON, LA

Total Revenue
$1,360,793
Total Expenses
$1,196,326
Total Assets
$7,805,433
Net Assets
$7,783,501
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
LA
Principal Officer
ELIZABETH HEALY
Phone
9858984141
Tax Period
2023-01-01 to 2023-12-31

ST TAMMANY HOSPITAL FOUNDATION, founded in 2003, is a community nonprofit in the Health Care sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 12% surplus.

Mission

TO PROVIDE SUPPORT TO ST. TAMMANY HOSPITAL SERVICE DISTRICT NO. 1. CURRENT (CONT'D TO SCH O) YEAR CASH EXPENDITURES FOR THIS PURPOSE WERE $1,193,467.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,215,058
Program Service Revenue $0
Investment Income $143,602
Other Revenue $2,133
TOTAL REVENUE $1,360,793

Expense Breakdown

Grants Paid $1,193,467
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,193,467
Other Expenses $2,859
TOTAL EXPENSES $1,196,326

Year-over-Year Comparison

2023 2022 Change
Revenue $1,360,793 $1,061,696 +0.3%
Expenses $1,196,326 $971,454 +0.2%
Net Income $164,467 $90,242 +0.8%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
18

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$140,659
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE SUHRE EXECUTIVE DIRECTOR 40.00
Officer
$0 $25,581 $140,659
ELIZABETH HEALY CHAIRMAN 0.63
Officer Director
$0 $0 $0
KEVIN GARDNER VICE CHAIRMAN 0.63
Officer Director
$0 $0 $0
LAURA BROWN SECRETARY/TREASURER 0.63
Officer Director
$0 $0 $0
KEVIN MASHBURN TRUSTEE 0.40
Director
$0 $0 $0
JOAN COFFMAN TRUSTEE 0.40
Director
$0 $0 $0
PAUL DAVIS TRUSTEE 0.40
Director
$0 $0 $0
PENNY DASTAGUE TRUSTEE 0.40
Director
$0 $0 $0
JOHN EVANS TRUSTEE 0.40
Director
$0 $0 $0
MARK GRAYSON TRUSTEE 0.63
Director
$0 $0 $0
RENEE MALONEY TRUSTEE 0.40
Director
$0 $0 $0
BECKY PARKS TRUSTEE 0.40
Director
$0 $0 $0
NORMA RICHARD TRUSTEE 0.40
Director
$0 $0 $0
JIM WOODARD MD TRUSTEE 0.40
Director
$0 $0 $0
JAMES BRADFORD III TRUSTEE 0.40
Director
$0 $0 $0
CHIP LAVIGNE TRUSTEE 0.40
Director
$0 $0 $0
TIM LENTZ TRUSTEE 0.40
Director
$0 $0 $0
SUNNY MCDANIEL DNP TRUSTEE 0.40
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,360,793 $1,196,326 $7,805,433 $164,467
2022 $1,061,696 $971,454 $7,491,511 $90,242
2021 $776,227 $590,208 $7,626,818 $186,019
2020 $881,940 $660,526 $7,534,779 $221,414
2019 $973,867 $682,162 $7,139,668 $291,705
2018 $1,010,459 $772,800 $6,693,182 $237,659
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