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Lsu Health Foundation New Orleans

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 721115391 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

Overview

What is Lsu Health Foundation New Orleans?

The Lsu Health Foundation New Orleans is a dedicated organization based in New Orleans, Louisiana, with a workforce of 52 employees. It supports Louisiana State University Health Sciences Center-New Orleans (LSUHSC-NO), which was established in 1931 and boasts schools in allied health professions, dentistry, graduate studies, medicine, nursing, and public health, along with centers of excellence and research institutes. The foundation's primary goal is to inspire donors to invest in LSUHSC-NO and its future. It stewards these contributions effectively and helps the institution meet its evolving needs by providing new resources, partnerships, programs, real estate and property leases, auxiliary businesses, and other services. LSUHSC-NO serves over 1,013,000 citizens in the Greater New Orleans region, offering vital patient care in metropolitan New Orleans, Baton Rouge, and Lafayette, with over 1,062,180 patient visits annually. The foundation's efforts directly impact the community by supporting 3,000 students, 2,400 faculty and staff, and 1,000 residents across all schools. The economic impact study from 2021-2022 reveals 4,320 direct jobs and an additional 4,798 jobs, generating $1.6 billion in economic output. The foundation manages approximately 1,500 restricted funds, including the support of 211 scholarships and over $33 million in research funding over the past three years at LSUHSC-NO.


Official website here: www.lsuhealthfoundation.org

Is Lsu Health Foundation New Orleans legitimate?

Lsu Health Foundation New Orleans is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lsu Health Foundation New Orleans submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $752,274
Professional Fundraising Fees: $0
Other Salaries and Wages: $978,137

For more financial information, click here


Official website here: www.lsuhealthfoundation.org

What is the mission statement of Lsu Health Foundation New Orleans?

The Lsu Health Foundation New Orleans aims to inspire donors to invest in the LSU Health Sciences Center and its future. The foundation's mission is to properly steward those contributions and help meet the ever-evolving needs of the LSU Health Sciences Center by providing new philanthropic and business resources, partnerships, programs, real estate and property leases, auxiliary businesses, and other services that support and strengthen the educational and community mission of the LSU Health Sciences Center.


Official website here: www.lsuhealthfoundation.org

Who is the CEO of Lsu Health Foundation New Orleans?

Dr Warren Gottsegen is the Principal Officer of Lsu Health Foundation New Orleans. The CEO's salary of Lsu Health Foundation New Orleans is $393,846 and their total compensation is $480,550.


Official website here: www.lsuhealthfoundation.org

What is the revenue of Lsu Health Foundation New Orleans?

Lsu Health Foundation New Orleans's revenue in 2022 was $21,944,141.


Official website here: www.lsuhealthfoundation.org

Who are the executives of Lsu Health Foundation New Orleans and what are their salaries?

The average compensation at Lsu Health Foundation New Orleans during 2022 was $33,277. There are 52 employees and 30 volunteers at Lsu Health Foundation New Orleans.

Here are 35 key members and their salaries (Lsu Health Foundation New Orleans's CEO's salary is $393,846 and their total compensation is $480,550):

    Matthew Altier (President & Ceo)
  • Compensation: $393,846
  • Related: $0
  • Other: $86,704

    • Timothy Hemphill (Vice-President & Cfo)
  • Compensation: $182,823
  • Related: $0
  • Other: $59,285

    • Krystal Oliveira (Chief Development Officer)
  • Compensation: $147,779
  • Related: $0
  • Other: $42,247

    • Katherine O'Hagan (Director Of Development)
  • Compensation: $103,924
  • Related: $0
  • Other: $26,929

    • Alejandra Guzman (Exec. Director Of Business Ventures)
  • Compensation: $102,232
  • Related: $0
  • Other: $23,421

    • Virginia Angelico-Tatum Dds (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph H Authement (Board Member (Thru 10/2021)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Bienvenu (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Caillier Edd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Cao Dds (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Copeland Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Dumas Dmd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth B Grieshaber Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karl E Hoefer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edwin K Hunter (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric L Laborde Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph N Macaluso Jr Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cris Mandry Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian H Melius Dvm (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andre M Rubenstein (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert A Savoie Phd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • L King Scott Dds (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • E Paige Sensenbrenner Esq (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pk Scheerle Rn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carroll W Suggs (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Najeeb M Thomas Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas Authement Jd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Terry Fontham Phd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald Marks Dds (Board Member (Thru 02/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry A Miller Jr Esq (Chair Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Warren L Gottsegen Md (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristi M Soileau Dds (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Merideth (Secretary (Thru 04/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Juneau Jr Md (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian P Jakes Sr (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lsuhealthfoundation.org

    Where can I find the form 990 for Lsu Health Foundation New Orleans?

    The Lsu Health Foundation New Orleans’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lsuhealthfoundation.org

    Learn more at the official website: www.lsuhealthfoundation.org

    Mission Statement of Lsu Health Foundation New Orleans

    The Lsu Health Foundation New Orleans plays a pivotal role in inspiring donors to invest in the LSU Health Sciences Center - New Orleans (HSC-NO) and its future. The foundation's mission is threefold: to inspire philanthropic giving, properly steward these contributions, and help meet the evolving needs of the LSU Health Sciences Center - New Orleans.

    Inspiring donors is a key aspect of the Lsu Health Foundation New Orleans' mission. By showcasing the potential impact of their investments, the foundation encourages individuals and organizations to support the educational and community mission of HSC-NO. This mission extends beyond just raising funds; it involves fostering new partnerships, programs, and initiatives that bolster the center's capacity to make a difference.

    Properly stewarding these contributions is another crucial part of the foundation's role. The Lsu Health Foundation New Orleans ensures that every donated dollar is used effectively and efficiently to further the goals of HSC-NO. By providing resources and services that support and strengthen the center, the foundation plays a vital role in ensuring that donor investments yield meaningful results.

    The Lsu Health Foundation New Orleans is an essential partner in helping HSC-NO meet its ever-evolving needs. Through providing new philanthropic and business resources, the foundation plays a significant role in enhancing the center's ability to make a positive impact on the community. Whether it be through auxiliary businesses, partnerships, or real estate and property leases, the foundation's contributions help ensure that the LSU Health Sciences Center - New Orleans continues to thrive and innovate.

    Impact

    This information is meant to be a general summary of Lsu Health Foundation New Orleans. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lsu Health Foundation New Orleans has a significant impact on the LSU Health Sciences Center - New Orleans (LSUHSC-NO) and the wider community. It plays a vital role in enhancing the mission of LSUHSC-NO, which includes providing education, research, and public service through direct patient care and community outreach. The Foundation's efforts support over 1,000 residents, 3,000 students, and 2,400 faculty and staff across all schools at LSUHSC-NO.

    Through the Foundation's work, vital chairs, professorships, awards, and scholarships are provided to faculty, residents, and students, contributing to the development of healthcare professionals and scientists. Additionally, the Foundation manages approximately 1,500 restricted funds, including supporting 211 direct scholarships and securing more than $33 million in research funding over the past three years at LSUHSC-NO.

    Moreover, the Foundation serves as a crucial mechanism for donations, including anatomical gifts and other types of property that assist LSUHSC-NO in providing education to its students. Its support has a significant economic impact, as evidenced by a 2021-2022 study showing the creation of over 4,000 direct jobs and an additional 4,798 jobs along with $1.6 billion in economic output generated by the LSUHSC-NO campus.

    In summary, Lsu Health Foundation New Orleans plays a pivotal role in advancing the educational, research, and healthcare mission of LSUHSC-NO, benefiting the community, students, faculty, and healthcare providers across Louisiana.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,172,260
  • Program Service Revenue: $2,699,686
  • Gross Receipts: $58,573,526

    • Assets and Liabilities:
  • Total Assets: $192,154,044
  • Total Liabilities: $40,621,467
  • Net Assets: $151,532,577
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    FEES & CONTRACTS GOV. AGENCIES

    Revenue

    $2,599,636

    FITNESS CENTER REVENUE

    Revenue

    $100,050

    Organization Details

    Founding Year

    1988

    Principal Officer

    Dr Warren Gottsegen

    Main Address

    2000 TULANE AVENUE 4TH FLOOR, NEW ORLEANS, LA, 70112

    NTEE Category

    Code: E110 - Health

    If you are a representative of Lsu Health Foundation New Orleans and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.