VIRGINIA HALL NURSING HOME

EIN: 721047744 501(c)(3)

SHREVEPORT, LA

Total Revenue
$6,195,937
Total Expenses
$7,481,760
Total Assets
$1,465,675
Net Assets
$-11,282,085
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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
1985
Legal Domicile
LA
Principal Officer
JERRY A FIELDER II
Phone
3182128200
Tax Period
2023-10-01 to 2024-09-30

VIRGINIA HALL NURSING HOME, founded in 1985, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $7.5M exceeded revenue, resulting in a 21% operating deficit.

Mission

NURSING CARE - SKILLED NURSING FACILITY FOR THE ELDERLY AND DISABLED

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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 $5,802,008
Investment Income $0
Other Revenue $393,929
TOTAL REVENUE $6,195,937

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,100,132
Fundraising Expenses $0
Program Expenses $6,176,485
Other Expenses $4,381,628
TOTAL EXPENSES $7,481,760

Year-over-Year Comparison

2023 2022 Change
Revenue $6,195,937 $4,946,278 +0.3%
Expenses $7,481,760 $6,846,240 +0.1%
Net Income $-1,285,823 $-1,899,962 -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

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Governance

Voting Members
10
Independent Members
6
Employees
105
Volunteers
1

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
$2,646,411
Total Directors
10
$2,882,577
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES K ELROD FORMER CEO/TRUSTEE 4.00
Director
$0 $0 $0
PIERRE V BLANCHARD IV MD TRUSTEE/PHYSICIAN 4.00
Director
$0 $12,234 $236,166
FRANK B HUGHES MD TRUSTEE/CHAIRMAN 4.00
Director
$0 $0 $0
RICHARD H SALE TRUSTEE/SECRETARY 4.00
Officer Director
$0 $0 $0
EUGENE W BRYSON JR TRUSTEE 4.00
Director
$0 $0 $0
ELAINE SIMPKINS PHD TRUSTEE 4.00
Director
$0 $0 $0
RAYMOND J LASSEIGNE TRUSTEE 4.00
Director
$0 $0 $0
JERRY A FIELDER II PRESIDENT/CEO/TRUSTEE 5.00
Officer Director
$0 $31,447 $2,646,411
LAMAR P PUGH TRUSTEE/COMPLIANCE OFFICER 4.00
Officer Director
$0 $0 $0
DEBORAH D OLDS TRUSTEE 4.00
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 $6,195,937 $7,481,760 $1,465,675 $-1,285,823
2023 $4,946,278 $6,846,240 $1,390,367 $-1,899,962
2022 $4,938,866 $6,720,299 $702,976 $-1,781,433
2021 $5,263,536 $5,944,745 $1,361,994 $-681,209
2020 $6,376,463 $6,390,673 $1,959,598 $-14,210
2019 $6,615,410 $6,912,258 $1,698,030 $-296,848
2018 $6,334,906 $6,856,668 $1,629,934 $-521,762
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