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Louisiana State University School Of Med In New Orleans Faculty Group Practice

Lsu Healthcare Network

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

EIN: 721304948 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

Overview

What is Louisiana State University School Of Med In New Orleans Faculty Group Practice?

The Louisiana State University School of Med in New Orleans Faculty Group Practice is a private, tax-exempt organization that supports the charitable, scientific, and educational missions of the LSU Health Sciences Center in New Orleans. Established to enhance the clinical practice functions of the schools of medicine, allied health professions, dentistry, nursing, and public health, the group practice pays enhancement fund payments to sustain faculty teaching programs, resident training, and medical research. They manage community outreach clinics, including the New Orleans Musicians Clinic, which offers discounted care based on need to the city's musicians. The practice provides clinical care to the community regardless of ability to pay or insurance possession. As part of the LSU Healthcare Network, they aim to deliver the highest quality, comprehensive medical care with compassion and professionalism while maintaining academic excellence. Approximately $9.4 million in charity charges were entered into their billing system and adjusted off during the fiscal year ended June 30, 2022, representing 2.8% of the total gross charges for the year.


Is Louisiana State University School Of Med In New Orleans Faculty Group Practice legitimate?

Louisiana State University School Of Med In New Orleans Faculty Group Practice is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana State University School Of Med In New Orleans Faculty Group Practice 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: $183,737
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,755,399

For more financial information, click here


What is the mission statement of Louisiana State University School Of Med In New Orleans Faculty Group Practice?
Who is the CEO of Louisiana State University School Of Med In New Orleans Faculty Group Practice?
What is the revenue of Louisiana State University School Of Med In New Orleans Faculty Group Practice?
Who are the executives of Louisiana State University School Of Med In New Orleans Faculty Group Practice and what are their salaries?

The average compensation at Louisiana State University School Of Med In New Orleans Faculty Group Practice during 2022 was $43,100. There are 161 employees at Louisiana State University School Of Med In New Orleans Faculty Group Practice.

Here are 20 key members and their salaries (Louisiana State University School Of Med In New Orleans Faculty Group Practice's CEO's salary is $0 and their total compensation is $703,966):


Where can I find the form 990 for Louisiana State University School Of Med In New Orleans Faculty Group Practice?

Mission Statement of Louisiana State University School Of Med In New Orleans Faculty Group Practice

The Louisiana State University School of Med in New Orleans Faculty Group Practice is a private, tax-exempt organization established to support the charitable, scientific, and educational missions of the LSU Health Sciences Center in New Orleans. Dedicated to delivering the highest quality, comprehensive medical care with compassion and professionalism, this faculty group practice plays a significant role in the academic excellence of the LSU Healthcare Network.

Enhancement fund payments made to the LSU Health Sciences Center helped sustain faculty teaching programs, resident training, and medical research. The Faculty Group Practice also manages community outreach clinics, such as the New Orleans Musicians' Clinic, which offers discounted care to the city's musicians based on need. Regardless of a patient's ability to pay or possession of insurance, the practice provides clinical care to the community. During the fiscal year ended June 30, 2022, charity charges entered into the billing system and adjusted off totaled approximately $9.4 million, representing 2.8% of the total gross charges for the year. Through its commitment to patient-centered healthcare, the Louisiana State University School of Med in New Orleans Faculty Group Practice continues to make a difference in the lives of its patients and the community at large.

Impact

This information is meant to be a general summary of Louisiana State University School Of Med In New Orleans Faculty Group Practice. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The LSU School of Medicine in New Orleans Faculty Group Practice has a significant impact on the community through its provision of high-quality, comprehensive medical care with compassion and professionalism. The Faculty Group Practice supports the charitable, scientific, and educational missions of the LSU Health Sciences Center in New Orleans, including its schools of medicine, allied health professions, dentistry, nursing, and public health.

Through the management of community outreach clinics like the New Orleans Musician's Clinic, which provides discounted care to musicians in need, the Faculty Group Practice demonstrates a commitment to serving the community regardless of ability to pay or possession of insurance. In the fiscal year ending June 30, 2022, charity charges adjusted off totaled approximately $9.4 million, representing 2.8% of the total gross charges for the year.

Overall, the Faculty Group Practice plays a crucial role in sustaining faculty teaching programs, resident training, medical research, and providing essential healthcare services to the community in New Orleans.





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: $-9,456,671
  • Program Service Revenue: $157,008,182
  • Gross Receipts: $175,075,789

    • Assets and Liabilities:
  • Total Assets: $99,968,210
  • Total Liabilities: $38,830,498
  • Net Assets: $61,137,712
  • Programs

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

    PATIENT SERVICE REV.

    Revenue

    $138,759,246

    CAPITATION REVENUE

    Revenue

    $18,248,936

    Organization Details

    Founding Year

    1995

    Principal Officer

    J Christian Winters

    Main Address

    478 S JOHNSON ST, NEW ORLEANS, LA, 70112

    NTEE Category

    Code: E21 - Health

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