St Martin Hospital Inc
- Assets
- $50.3m
- Revenue
- $47.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Breaux Bridge, LA
- Founding
- 02/2014
- Data as of
- 12/2022
- EIN
- 26-4626264
Organization Overview
St Martin Hospital Inc, operating under the name Ochsner St Martin Hospital, is located in Breaux Bridge, LA. The organization was established in 2014. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ochsner St Martin Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ochsner St Martin Hospital generated $47.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $40.4m during the year ending 12/2022. While expenses have increased by 8.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES MEDICAL CARE TO IMPROVE, MAINTAIN AND RESTORE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES WE SERVE, REGARLESS OF THE PATIENTS' ABILITY TO PAY.
Describe the Organization's Program Activity:
COMMUNITY MEDICAL CARE PROVIDER. THE ORGANIZATION PROVIDES NEEDED MEDICAL CARE TO THE PARISH REGARDLESS OF THE PATIENT'S ABILITY TO PAY. SERVICES INCLUDE INPATIENT AND OUTPATIENT CARE IN FURTHERANCE OF THE ORGANIZATION'S HEALTHCARE MISSION.PROGRAM SERVICES STATISTICS RELATED TO PROVIDING COMMUNITY MEDICAL CARE FOR THE HOSPITAL DURING FYE 12/31/22 WERE: 25 LICENSED BEDS, 5,991 TOTAL PATIENT DAYS, 18,573 EMERGENCY ROOM VISITS, 5 INPATIENT SURGERIES AND 262 OUTPATIENT SURGERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al J Patin Chairman | OfficerTrustee | 1 | $0 |
Allen Stelly Board Member - Non Voting | Trustee | 1 | $0 |
Becky Patin Board Member - Non Voting | Trustee | 1 | $0 |
Burton Dupuis Secretary-Treasurer | OfficerTrustee | 1 | $0 |
Chester Cedars Board Member - Non Voting | Trustee | 1 | $0 |
Warren Degatur MD Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Advantage Medical Professional Therapy Services | 12/30/21 | $1,269,479 |
Cardiovascular Institute Of The South Cardiology Services | 12/30/21 | $683,640 |
Gifted Nurses Llc Nursing Services | 12/30/21 | $360,272 |
Allied Universal Security Services Security Services | 12/30/21 | $267,831 |
K & M Medical Consultants Llc Contract Labor - Pharmacists | 12/30/21 | $226,450 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | -$9,863 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | -$9,863 |
| Total Program Service Revenue | $44,953,451 |
| Investment income | $690 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$467 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,168,290 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,510,520 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,696,405 |
| Payroll taxes | $823,240 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,675,099 |
| Advertising and promotion | $10,932 |
| Office expenses | $317,839 |
| Information technology | $28,368 |
| Royalties | $0 |
| Occupancy | $2,088,399 |
| Travel | $3,053 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,137 |
| Interest | $392,440 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,749,988 |
| Insurance | $0 |
| All other expenses | $789,625 |
| Total functional expenses | $40,433,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $849,215 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,210,646 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,027 |
| Inventories for sale or use | $873,518 |
| Prepaid expenses and deferred charges | $31,884 |
| Net Land, buildings, and equipment | $3,612,817 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,744,477 |
| Total assets | $50,324,584 |
| Accounts payable and accrued expenses | $1,224,978 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,189,889 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,416,712 |
| Total liabilities | $7,831,579 |
| Net assets without donor restrictions | $42,493,005 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $50,324,584 |