SAVOY MEDICAL MANAGMENT GROUP INC

EIN: 800202027 501(c)(3)

MAMOU, LA

Total Revenue
$44,371,283
Total Expenses
$43,720,003
Total Assets
$14,243,963
Net Assets
$7,274,683
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
LA
Phone
3374680355
Tax Period
2023-01-01 to 2023-12-31

SAVOY MEDICAL MANAGMENT GROUP INC is a 501(c)(3) with EIN 800202027, based in MAMOU, LA. Founded in 2008, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $44,371,283 in total revenue and $43,720,003 in total expenses, with net assets of $7,274,683.

Mission

SAVOY MEDICAL CENTER'S VISION IS TO BE A LEADER, A PARTNER, AND AN ADVOCATE IN CREATING INNOVATIVE HEALTH AND WELLNESS SOLUTIONS THAT IMPROVE THE LIVES OF INDIVIDUALS AND COMMUNITIES.

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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 $17,750
Program Service Revenue $44,332,191
Investment Income $21,342
Other Revenue $0
TOTAL REVENUE $44,371,283

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,022,084
Fundraising Expenses $0
Program Expenses $41,762,236
Other Expenses $32,697,919
TOTAL EXPENSES $43,720,003

Year-over-Year Comparison

2023 2022 Change
Revenue $44,371,283 $34,876,351 +0.3%
Expenses $43,720,003 $33,077,098 +0.3%
Net Income $651,280 $1,799,253 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
281
Volunteers
6

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL ZHANG ONCOLOGIST 40.00
$373,354 $0 $373,354
JOHN FONTENOT Medical Doctor 40.00
$244,657 $0 $244,657
PATRICK J LEDAY RN ANESTHETIST 40.00
$211,608 $0 $211,608
MICHAEL DUPUIS RN ANESTHETIST 40.00
$205,018 $0 $205,018
MICHAEL SONNIER NURSE PRACTITIONER 40.00
$190,392 $0 $190,392
MICHAEL JOHNSON President 2.00
Officer Director
$0 $0 $0
PHYLLIS SOILEAU Trustee 2.00
Director
$0 $0 $0
FRANCISCO CANTU MD Secretary 2.00
Officer Director
$0 $0 $0
THOMAS FUSELIER Trustee 2.00
Director
$0 $0 $0
LOVELIN PONCHO TRUSTEE 2.00
Director
$0 $0 $0
EUGENE BURGE Vice President 2.00
Officer
$0 $0 $0
LANCE ARMENTOR CEO 40.00
Officer
$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 $44,371,283 $43,720,003 $14,243,963 $651,280
2022 $34,876,351 $33,077,098 $13,806,736 $1,799,253
2021 $31,527,529 $30,538,331 $9,523,117 $989,198
2020 $25,547,720 $25,083,784 $12,938,206 $463,936
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