OCHSNER LSU HEALTH SYSTEM OF NORTH LOUISIANA

EIN: 831605004 501(c)(3)

SHREVEPORT, LA

Total Revenue
$1,043,372,901
Total Expenses
$1,064,566,596
Total Assets
$899,239,505
Net Assets
$114,132,302
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
LA
Principal Officer
CORWIN HARPER
Phone
3186260990
Tax Period
2022-07-01 to 2023-06-30

OCHSNER LSU HEALTH SYSTEM OF NORTH LOUISIANA is a 501(c)(3) with EIN 831605004, based in SHREVEPORT, LA. Founded in 2018, the organization files IRS Form 990 and reported its most recent data for fiscal year 2022. In that period, it reported $1,043,372,901 in total revenue and $1,064,566,596 in total expenses, with net assets of $114,132,302.

Mission

TO PROVIDE HOSPITAL AND MEDICAL CARE TO THE RESIDENTS OF SHREVEPORT AND MONROE, LOUISIANA, AND THEIR SURROUNDING COMMUNITIES THROUGH THE OWNERSHIP AND OPERATION OF THREE SAFETY-NET HOSPITALS.

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,252,242
Program Service Revenue $1,014,638,297
Investment Income $1,914,733
Other Revenue $25,567,629
TOTAL REVENUE $1,043,372,901

Expense Breakdown

Grants Paid $5,000,000
Salaries & Benefits $373,190,770
Fundraising Expenses $0
Program Expenses $642,683,432
Other Expenses $686,375,826
TOTAL EXPENSES $1,064,566,596

Year-over-Year Comparison

2022 2021 Change
Revenue $1,043,372,901 $1,039,629,668 +0.0%
Expenses $1,064,566,596 $1,025,594,996 +0.0%
Net Income $-21,193,695 $14,034,672 -2.5%
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
12
Independent Members
12
Employees
5696
Volunteers
4

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
8
$250,001
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WARNER THOMAS DIRECTOR (END 9/13/2022) 5.00
Director
$0 $0 $0
CAROLYN HUNT COMMUNITY REPRESENTATIVE 5.00
Director
$0 $0 $0
LEONARDO SEOANE MD DIR/INT CEO(BEG8/1/22 END12/31/22) 49.00
Officer Director
$0 $0 $0
LESTER WAYNE JOHNSON MD DIRECTOR 5.00
Director
$0 $0 $0
PETER NOVEMBER BOARD CHAIR (BEGIN 1/1/2023) 5.00
Director
$0 $0 $0
STEVE SKRIVANOS COMMUNITY REPRESENTATIVE 5.00
Director
$0 $0 $0
REV TIMOTHY JONES MD COMMUNITY REPRESENTATIVE 5.00
Director
$0 $0 $0
DAVID F LEWIS MD MBA BOARD CHAIR (END 12/31/22) 49.00
Officer Director
$0 $0 $0
BRITTANY GREEN COMMUNITY REPRESENTATIVE 5.00
Director
$0 $0 $0
MIKE HULEFELD DIRECTOR 5.00
Director
$0 $0 $0
CINDY RIVES DIRECTOR 5.00
Director
$0 $0 $0
WILLIAM F TATE DIRECTOR 5.00
Director
$0 $0 $0
CHARLES J FOX MD SYS CMO/BRD CHR (BRDTERM/END1/1/23) 40.00
Officer Director
$0 $0 $0
DEBORAH GRIMES DIRECTOR (BEGIN 3/23/2023) 5.00
Director
$0 $0 $0
DAVID GUZICK DIRECTOR (BEGIN 1/12/2023) 5.00
Director
$0 $0 $0
CHARLES D DAIGLE CEO/PRESIDENT (BEGIN 1/1/2023) 49.00
Officer
$0 $0 $0
SHELLEY S TYNAN SECRETARY 5.00
Officer
$0 $0 $0
DAVID CALLECOD INTERIM CEO (END 7/31/2022) 49.00
Officer
$0 $0 $0
LAURI WALTON INT CFO/TREAS (END 12/31/22) 40.00
Officer
$192,559 $57,442 $250,001
JEFF REYNOLDS INT CFO(BEG1/1/23)/TREAS(BEG3/23/23) 49.00
Officer
$0 $0 $0
JEANNINE HINTON VP ACADEMICS 50.00
Highest
$324,445 $57,992 $382,437
KRISTI HYLAN AVP HOSPITAL OPERATIONS 50.00
Highest
$284,526 $47,930 $332,456
DEREK OLDEN CRNA PRN 50.00
Highest
$347,933 $0 $347,933
JONATHAN JOHNSON CRNA PRN 50.00
Highest
$303,221 $3,404 $306,625
CHRIS BURFORD CRNA PRN 50.00
Highest
$277,893 $-847 $277,046
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 $1,043,372,901 $1,064,566,596 $899,239,505 $-21,193,695
2022 $1,039,629,668 $1,025,594,996 $947,825,694 $14,034,672
2021 $902,271,211 $892,795,233 $392,846,528 $9,475,978
2020 $786,762,739 $756,969,343 $334,299,199 $29,793,396
2019 $572,195,990 $524,374,405 $197,150,200 $47,821,585
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