LOUISIANA HOSPITAL ASSOCIATION (EIN 720489377) - Form 990 Financial Analysis & Trantor Score

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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

1968

Legal Domicile

Principal Officer

PAUL SALLES

Phone

2259280026

Tax Period

2023-01-01 to 2023-12-31

LOUISIANA HOSPITAL ASSOCIATION, founded in 1968, is a community nonprofit that reported $7.3M in total revenue in fiscal year 2023. Expenses of $6.5M left a modest 11% surplus.

Mission

TO SUPPORT MEMBERS THROUGH ADVOCACY, EDUCATION, AND SERVICES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,044,978

Investment Income $521,271

Other Revenue $1,730,221

TOTAL REVENUE $7,296,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,152,795

Fundraising Expenses $0

Other Expenses $2,347,910

TOTAL EXPENSES $6,500,705

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,296,470	$7,302,147	0.0%
Expenses	$6,500,705	$6,132,872	+0.1%
Net Income	$795,765	$1,169,275	-0.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$3,044,063

Total Directors

$788,234

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON E COBB FACHE	EX-OFFICIO MEMBER	1.00	Director	$0	$0	$0
PAUL SALLES	PRESIDENT & CEO/ SECRETARY	38.00	Officer Director	$729,162	$59,072	$788,234
DAVID CASTON	NORTHEAST DISTRICT TRUSTEE	1.00	Director	$0	$0	$0
GREGORY C FEIRN	IMMEDIATE PAST-CHAIR	1.00	Officer Director	$0	$0	$0
JOAN M COFFMAN	NORTHSHORE DISTRICT TRUSTE	1.00	Director	$0	$0	$0
DEVON HYDE	AT-LARGE TRUSTEE	1.00	Director	$0	$0	$0
KRISTIN S WOLKART	AT-LARGE TRUSTEE	1.00	Director	$0	$0	$0
RENE J RAGAS	CHAIR-ELECT	1.00	Officer Director	$0	$0	$0
MICHELE KIDD SUTTON	TREASURER	1.00	Officer Director	$0	$0	$0
TRACI H THIBODEAUX	SOUTHWEST DISTRICT TRUSTEE	1.00	Director	$0	$0	$0
MARY ELLEN PRATT	CHAIR	1.00	Officer Director	$0	$0	$0
CHRIS KARAM	CENTRAL DISTRICT TRUSTEE	1.00	Director	$0	$0	$0
DAVID C JONES	NORTHWEST DISTRICT TRUSTEE	1.00	Director	$0	$0	$0
CHRIS FOX	AT-LARGE TRUSTEE	1.00	Director	$0	$0	$0
EDGARDO TENREIRO	SOUTHEAST DISTRICT TRUSTEE	1.00	Director	$0	$0	$0
CHARLES D DAIGLE	EX-OFFICIO MEMBER	1.00	Director	$0	$0	$0
PHYLLIS LPEOPLES	EX-OFFICIO MEMBER/ BAYOU D	1.00	Director	$0	$0	$0
PETE NOVEMBER	NEW ORLEANS DISTRICT TRUST	1.00	Director	$0	$0	$0
STUART ARCHER	AT-LARGE TRUSTEE	1.00	Director	$0	$0	$0
JAF FIELDER	AT-LARGE TRUSTEE	1.00	Director	$0	$0	$0
DIONNE VIATOR	AT-LARGE TRUSTEE	1.00	Director	$0	$0	$0
PATRICIA T JETER	SENIOR VICE PRESIDENT & CF	40.00	Officer	$291,284	$48,809	$340,093
FLOYD ROBERTS	VICE PRESIDENT OF CLINICAL	30.00	Officer	$302,425	$24,209	$326,634
KEVIN BRIDWELL	VP OF HEALTHCARE REIMBURSE	40.00	Officer	$256,202	$25,605	$281,807
AIMEE CLOYD	VP OF QUALITY & REGULATORY	40.00	Officer	$172,972	$19,020	$191,992
JENNIFER MCMAHON	VP OF GOVERNMENT RELATIONS	40.00	Officer	$285,309	$49,525	$334,834
GREGORY WADDELL	VP OF LEGAL GOVERNMENTAL &	40.00	Officer	$295,782	$35,557	$331,339
MICHELLE CLEMENT	ASSOCIATE VP OF COMMUNICAT	40.00	Officer	$189,824	$28,900	$218,724
MERLE FRANCIS	DIRECTOR OF EDUCATION SERV	40.00	Officer	$193,521	$36,885	$230,406

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	$7,296,470	$6,500,705	$27,969,300	$795,765
2022	$7,302,147	$6,132,872	$29,873,545	$1,169,275
2021	$7,576,001	$5,240,786	$30,214,425	$2,335,215
2020	$5,581,212	$5,068,063	$22,574,072	$513,149
2019	$5,730,799	$4,863,299	$20,757,881	$867,500
2018	$5,971,875	$5,368,677	$18,755,021	$603,198

LOUISIANA HOSPITAL ASSOCIATION