ACADIA GENERAL HOSPITAL INC

EIN: 464958152 501(c)(3) Health Care

CROWLEY, LA

Total Revenue
$62,640,741
Total Expenses
$59,156,655
Total Assets
$21,828,217
Net Assets
$11,993,290
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
LA
Principal Officer
PATRICK GANDY
Phone
3377886404
Tax Period
2023-01-01 to 2023-12-31

ACADIA GENERAL HOSPITAL INC, founded in 2014, is a mid-sized nonprofit in the Health Care sector that reported $62.6M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $59.2M left a modest 6% surplus.

Mission

THE ORGANIZATION PROVIDES MEDICAL CARE TO IMPROVE, MAINTAIN, AND RESTORE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES WE SERVE, REGARDLESS OF THE PATIENTS' ABILITY TO PAY.

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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 $0
Program Service Revenue $56,967,787
Investment Income $321
Other Revenue $5,672,633
TOTAL REVENUE $62,640,741

Expense Breakdown

Grants Paid $13,450
Salaries & Benefits $22,647,178
Fundraising Expenses $0
Program Expenses $42,832,073
Other Expenses $36,496,027
TOTAL EXPENSES $59,156,655

Year-over-Year Comparison

2023 2022 Change
Revenue $62,640,741 $49,677,884 +0.3%
Expenses $59,156,655 $50,405,580 +0.2%
Net Income $3,484,086 $-727,696 -5.8%
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
3
Independent Members
2
Employees
N/A
Volunteers
2

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
2
$1,101,401
Total Directors
5
$1,508,416
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH J MITCHELL DIRECTOR/HOSPITAL CHIEF EXECUTIVE OFFICER 0.00
Director
$0 $4,934 $394,015
PATRICK W GANDY OLG CEO, OAGH CHAIRMAN OF THE BOARD 1.00
Officer Director
$0 $101,516 $1,101,401
STEPHEN A STEFANSKI DIRECTOR/SECRETARY-TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT J AERTKER III MD DIRECTOR - NON VOTING 1.00
Director
$0 $0 $13,000
MELINDA MALMAY DIRECTOR(BEGIN 4/2023) 1.00
Director
$0 $0 $0
DAVID L CALLECOD FORMER DIRECTOR 0.00
$0 $0 $931,604
CAROLINE G MARCEAUX FORMER HIGHEST COMPENSATED 0.00
$0 $23,049 $222,080
GARLAND YOUNG FORMER HIGHEST COMPENSATED 0.00
$0 $32,605 $183,870
GLENN E DAILEY FORMER HIGHEST COMPENSATED 0.00
$0 $6,973 $340,376
HOPE ROSINSKI FORMER HIGHEST COMPENSATED 0.00
$0 $18,631 $180,082
JOSEPH C BRIGNAC FORMER HIGHEST COMPENSATED 0.00
$0 $15,104 $184,479
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 $62,640,741 $59,156,655 $21,828,217 $3,484,086
2022 $49,677,884 $50,405,580 $21,593,152 $-727,696
2021 $49,974,389 $47,768,976 $28,138,609 $2,205,413
2020 $12,956,282 $12,629,492 $29,770,991 $326,790
2019 $46,649,876 $44,847,430 $12,472,762 $1,802,446
2018 $40,131,828 $41,714,628 $11,423,561 $-1,582,800
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