Jennings American Legion Hospital Inc is located in Jennings, LA. The organization was established in 1955. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 11/2023, Jennings American Legion Hospital Inc employed 595 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jennings American Legion Hospital Inc 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 11/2023, Jennings American Legion Hospital Inc generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (29.3%) each year. All expenses for the organization totaled $3.8m during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (25.8%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HEALTHCARE SERVICES
Describe the Organization's Program Activity:
JENNINGS AMERICAN LEGION HOSPITAL ("JALH") ENTERED INTO A LEASE AGREEMENT WITH OCHSNER AMERICAN LEGION HOSPITAL, LLC. ("OALH") A LOUISIANA LIMITED LIABILITY COMPANY THAT IS A WHOLLY OWNED SUBSIDIARY OF LAFAYETTE GENERAL HEALTH SYSTEM, INC. D/B/A OCHSNER LAFAYETTE GENERAL (OLG), A LOUISIANA NONPROFIT CORPORATION. OALH SEAMLESSLY CONTINUED THE MISSION OF JALH BY ASSUMING THE MANAGEMENT AND OPERATIONS OF JALH'S HOSPITAL ON APRIL 1, 2022. THIS MADE THE HOSPITAL PART OF OLG'S REGIONAL NETWORK OF FACILITIES.THE INTENT OF THIS ARRANGEMENT IS TO PROVIDE FINANCIAL STABILITY AND LONG-TERM VIABILITY OF THE HOSPITAL FOR THE BENEFIT OF THE RESIDENTS OF THE CITY OF JENNINGS AND JEFFERSON DAVIS PARISH. THIS ENABLES BETTER CARE TO BE DELIVERED EFFICIENTLY AND COST-EFFECTIVELY, AND IT ENSURES CONTINUED OPERATION AND ACCESS TO HOSPITAL AND EMERGENCY CARE.JALH LEASED TO OALH THE HOSPITAL BUILDINGS AND FIXTURES. THE LEASE INCLUDED ALL THE MOVABLE PROPERTY, SUCH AS EQUIPMENT, MACHINERY, COMPUTERS AND SOFTWARE EQUIPMENT. IT ALSO INCLUDED ALL INVENTORY, SUPPLIES, AND PHARMACEUTICALS. THE INITIAL TERM OF THE LEASE WILL BE TEN YEARS WITH OPPORTUNITIES TO RENEW. AT THE TERMINATION OF THE LEASE, THE PROPERTY WILL REVERT TO JALH.AS PART OF THIS LEASE AGREEMENT, JALH ASSIGNED TO OALH ITS CONTRACTS, LEASES, PERMITS, AND LICENSES SO THAT OALH COULD OPERATE THE FACILITY. JALH ALSO ASSIGNED TO OALH ITS ACCOUNTS RECEIVABLE FOR SERVICES RENDERED IN ORDER TO FACILITATE THE COLLECTION OF THE BILLS. OALH ALSO ASSUMED THE ACCOUNTS PAYABLE FOR MATERIALS, SERVICES, AND SUPPLIES. THERE IS NO ISSUE WITH PRIVATE INUREMENT SINCE OLG IS A NONPROFIT HOSPITAL CONTINUING THE SAME MISSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joel Bailey Md | 40 | $856,012 | |
James Mcnally Md | 40 | $572,381 | |
Krystle Baker Md | 40 | $515,976 | |
Christopher Achee Md | 40 | $483,987 | |
Donald Barnes Jr Md | 40 | $438,029 | |
Dale Landry Director | Trustee | 1 | $11,900 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cardiovascular Institute Of South Apmc Cath Lab Services | 11/29/23 | $636,403 |
Cps Inc Pharmacy Mgmt Fee | 11/29/23 | $3,913,115 |
Jefferson Davis Emergency Group Contract Service | 11/29/23 | $477,441 |
Cpsi Cpa Contract Service | 11/29/23 | $790,659 |
Pathology Laboratory Inc Lab Services | 11/29/23 | $533,864 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $0 |
Total Program Service Revenue | $1,694,021 |
Investment income | $780,719 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $12,316 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,487,056 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,173,000 |
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. | $75,850 |
Compensation of current officers, directors, key employees. | $75,850 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
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 | $163,796 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,000 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $356,839 |
All other expenses | $0 |
Total functional expenses | $3,803,654 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,885,594 |
Savings and temporary cash investments | $15,560,980 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $14,582,233 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $30,000 |
Total assets | $37,058,807 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $359,429 |
Total liabilities | $359,429 |
Net assets without donor restrictions | $36,699,378 |
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 | $37,058,807 |