CHRISTUS HEALTH PLAN LOUISIANA

EIN: 464617988

IRVING, TX

Total Revenue
$51,606,876
Total Expenses
$43,601,615
Total Assets
$77,586,309
Net Assets
$15,256,606
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
LA
Principal Officer
M SHANNON STANSBURY
Phone
4692822000
Tax Period
2023-07-01 to 2024-06-30

CHRISTUS HEALTH PLAN LOUISIANA, founded in 2014, is a mid-sized nonprofit that reported $51.6M in total revenue in fiscal year 2023. Revenue surged 133% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8.0M, a strong 16% operating margin.

Mission

THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE PROMOTION OF SOCIAL WELFARE BY ADVANCING, PROMOTING AND SUPPORTING THE HEALTH CARE MINISTRIES OF THE SPONSORING CONGREGATIONS WHICH OPERATE AND ARE CONTROLLED IN CONFORMITY WITH THE ETHICAL AND MORAL TEACHINGS OF THE ROMAN CATHOLIC CHURCH AND PROMOTING EFFICIENT GOVERNANCE AND MANAGEMENT, COOPERATIVE PLANNING AND THE SHARING OF RESOURCES AMONG SUCH HEALTH CARE MINISTRIES, PRIMARILY BY ARRANGING AND PROVIDING COVERAGE FOR HEALTH CARE SERVICES THROUGH MANAGED CARE PLANS AND ACTIVITIES, WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR CORRESPONDING PROVISIONS OF ANY SUBSEQUENT FEDERAL TAX LAW (HEREINAFTER THE "CODE"). WITHOUT LIMITING THE FOREGOING, THE OBJECTS AND PURPOSES OF THIS CORPORATION ARE FURTHER DECLARED TO BE TO ENGAGE IN ANY LAWFUL ACTIVITY FOR WHICH NONPROFIT CORPORATIONS MAY BE FORMED UNDER THE LAWS OF THE STATE OF LOUISIANA, INCLUDING BUT NOT LIMITED TO THE LOU

Program Service Accomplishments

Program 1
Expenses: $30,552,401 Revenue: $49,569,271

CHRISTUS HEALTH PLAN LOUISIANA IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE CHARITABLE, SCIENTIFIC, EDUCATIONAL AND RELIGIOUS PURPOSES OF ADVANCING, PROMOTING AND SUPPORTING THE HEALTH CARE...

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CHRISTUS HEALTH PLAN LOUISIANA IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE CHARITABLE, SCIENTIFIC, EDUCATIONAL AND RELIGIOUS PURPOSES OF ADVANCING, PROMOTING AND SUPPORTING THE HEALTH CARE MINISTRIES OF THE SPONSORING CONGREGATIONS, THE CONGREGATION OF SISTERS OF CHARITY OF THE INCARNATE WORD, HOUSTON, TEXAS, THE CONGREGATION OF SISTERS OF CHARITY OF THE INCARNATE WORD (SAN ANTONIO), AND THE SISTERS OF THE HOLY FAMILY OF NAZARETH WHICH OPERATE AND ARE CONTROLLED IN CONFORMITY WITH THE ETHICAL AND MORAL TEACHINGS OF THE ROMAN CATHOLIC CHURCH, AND PROMOTING EFFICIENT GOVERNANCE AND MANAGEMENT, COOPERATIVE PLANNING AND THE SHARING OF RESOURCES AMONG SUCH HEALTH CARE MINISTRIES. CHRISTUS HEALTH PLAN LOUISIANA ARRANGES AND PROVIDES HEALTH CARE SERVICES TO THE HEALTH AND HUMAN SERVICES COMMISSION ("managed care enrollees"). WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THE CORPORATION'S MISSION SHALL BE TO EXTEND THE HEALING MINISTRY OF JESUS CHRIST, AND CONSISTENT THEREWITH, SHALL OPERATE ACCORDING TO THE DOCTRINES, RESOLUTIONS, DECREES AND ETHICAL PRINCIPLES OF THE SPONSORING CONGREGATIONS AND THE ETHICAL AND RELIGIOUS DIRECTIVES FOR CATHOLIC HEALTH SERVICES AS PROMULGATED AND AMENDED FROM TIME TO TIME BY THE UNITED STATES CATHOLIC CONFERENCE OF BISHOPS. IT IS ALSO A PURPOSE OF THE CORPORATION TO AID, LEND FINANCIAL SUPPORT AND ASSISTANCE TO, AND TO INVEST AND/OR DISPOSE OF FUNDS OF THE CORPORATION AND THE SYSTEM PARTICIPANTS FOR THE USE AND BENEFIT OF, AND IN FURTHERANCE OF THE PURPOSES OF CHRISTUS, THE SYSTEM, THE CORPORATION, THE SYSTEM PARTICIPANTS AND THE LOCAL ENTITIES.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $49,569,271
Investment Income $2,013,484
Other Revenue $24,121
TOTAL REVENUE $51,606,876

Expense Breakdown

Grants Paid $0
Salaries & Benefits $412,400
Fundraising Expenses $0
Program Expenses $30,552,401
Other Expenses $43,189,215
TOTAL EXPENSES $43,601,615

Year-over-Year Comparison

2023 2022 Change
Revenue $51,606,876 $22,136,313 +1.3%
Expenses $43,601,615 $22,985,109 +0.9%
Net Income $8,005,261 $-848,796 -10.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
6
$9,509,162
Total Directors
4
$16,225,520
Key Employees
5
$1,864,424
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Randy Safady DIRECTOR 1.0
Director
$0 $78,909 $7,260,371
PAUL GENERALE CHAIR 1.0
Officer Director
$0 $811,418 $7,031,881
SHANNON STANSBURY DIRECTOR/PRESIDENT 1.0
Officer Director
$0 $220,434 $1,223,118
MELISSA WILLIAMS ASST TREASURER 1.0
Officer
$0 $275,343 $800,629
Adele Paulett Director 1.0
Director
$0 $133,376 $710,150
GEORGE KITZMILLER COO 20.0
Key Emp
$0 $101,828 $468,575
RONDA HEFTON CAO HEALTH PLANS 20.0
Key Emp
$0 $100,783 $458,076
JAMES SMITH VP NETWORK OPERATIONS SERVICES 20.0
Key Emp
$0 $86,903 $447,730
RONALD PARTON MD CMO HEALTH PLANS(THRU 05/2023) 20.0
$0 $47,898 $427,236
RON HIRASAKI VP PRODUCT MGMT/MRKT 20.0
Key Emp
$0 $63,092 $335,264
ANGELA SELF CMO (THRU 09/2023) 20.0
$0 $13,507 $190,679
JAMES BEIERMANN TREASURER/CFO (AS OF 06/2023) 20.0
Officer
$0 $18,988 $183,097
Karen Oliver Secretary 1.0
Officer
$0 $43,659 $161,677
DEAN CANNON VP CHIEF MEDICAL DIRECTOR 20.0
Key Emp
$0 $15,539 $154,779
Connie Coleman CORP SECRETARY (THRU 02/2024) 1.0
Officer
$0 $13,184 $108,760
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
2025 No data No data No data No data
2024 $51,606,876 $43,601,615 $77,586,309 $8,005,261
2023 $22,136,313 $22,985,109 $39,439,681 $-848,796
2022 $16,564,555 $14,539,750 $19,484,584 $2,024,805
2021 $4,722,224 $6,378,558 $12,986,570 $-1,656,334
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