Louisiana Hospital Association
- Assets
- $30.2m
- Revenue
- $7.6m
- Investments
- $6.5m
- Employees
- 21
- Location
- Baton Rouge, LA
- Founding
- 02/1968
- Data as of
- 12/2021
- EIN
- 72-0489377
Organization Overview
Louisiana Hospital Association is located in Baton Rouge, LA. The organization was established in 1968. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2021, Louisiana Hospital Association employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Hospital Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Louisiana Hospital Association generated $7.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $5.2m during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT MEMBERS THROUGH ADVOCACY, EDUCATION, AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT MEMBERS THROUGH ADVOCACY, EDUCATION, AND SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Salles President & Ceo/ Secretary | OfficerTrustee | 39 | $584,958 |
Floyd Roberts Vice President Of Clinical | Officer | 30 | $325,539 |
Patricia T Jeter Senior Vice President & Cf | Officer | 38 | $271,932 |
Jennifer Mcmahon VP Of Government Relations | Officer | 40 | $251,819 |
Gregory Waddell VP Of Legal Governmental & | Officer | 40 | $243,288 |
Kevin Bridwell VP Of Healthcare Reimburse | Officer | 40 | $223,380 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Compose Digital Design Llc Media For Public Relations | 12/30/20 | $147,850 |
Jackson Construction Co Construction | 12/30/20 | $116,988 |
Robin & Associates Media & Public Relations | 12/30/20 | $106,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $459,055 |
| 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 | $459,055 |
| Total Program Service Revenue | $4,784,780 |
| Investment income | $232,142 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $194,244 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $847,672 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,576,001 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,000 |
| 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. | $2,737,408 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $400,225 |
| Pension plan accruals and contributions | $43,341 |
| Other employee benefits | $559,975 |
| Payroll taxes | $152,600 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,906 |
| Fees for services: Accounting | $23,367 |
| Fees for services: Lobbying | $165,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $84,714 |
| Fees for services: Other | $69,729 |
| Advertising and promotion | $49,048 |
| Office expenses | $375,457 |
| Information technology | $152,488 |
| Royalties | $0 |
| Occupancy | $18,360 |
| Travel | $81,394 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,895 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,890 |
| Insurance | $62,382 |
| All other expenses | $26,696 |
| Total functional expenses | $5,240,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $667,177 |
| Savings and temporary cash investments | $4,655,123 |
| Pledges and grants receivable | $102,555 |
| Accounts receivable, net | $294,485 |
| 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 | $143,591 |
| Net Land, buildings, and equipment | $1,037,484 |
| Investments—publicly traded securities | $15,113,639 |
| Investments—other securities | $6,487,323 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,713,048 |
| Total assets | $30,214,425 |
| Accounts payable and accrued expenses | $504,283 |
| Grants payable | $0 |
| Deferred revenue | $4,611,849 |
| 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 | $833,672 |
| Total liabilities | $5,949,804 |
| Net assets without donor restrictions | $24,264,621 |
| 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 | $30,214,425 |
Grants Awarded
Over the last fiscal year, Louisiana Hospital Association has awarded $35,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Baton Rouge, LA PURPOSE: TO SUPPORT THE LOUISIANA CARE FUND | $25,000 |
Washington, DC PURPOSE: TO SUPPORT AMERICAN HEALTH CARE | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Louisiana Hospital Association has recieved totaling $150.
| Awarding Organization | Amount |
|---|---|
Wipfli Foundation Inc Wausau, WI PURPOSE: GENERAL FUNDING | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Hospital Association Austin, TX | $43,054,266 | $12,318,652 |
American Academy Of Nurse Practitioners National Austin, TX | $57,378,377 | $17,128,839 |
Mississippi Hospital Association Madison, MS | $29,345,396 | $9,179,556 |
Louisiana Hospital Association Baton Rouge, LA | $30,214,425 | $7,576,001 |
American Academy Of Family Physicians Austin, TX | $11,091,326 | $3,771,069 |
Louisiana Nursing Home Association Inc Baton Rouge, LA | $5,391,426 | $2,925,996 |
Rural Hospital Coalition Inc Baton Rouge, LA | $3,209,357 | $1,746,979 |
Texas Nurses Association Austin, TX | $9,210,390 | $2,106,568 |
Dallas County Medical Society Dallas, TX | $3,056,758 | $1,958,339 |
Louisiana State Medical Society Baton Rouge, LA | $4,710,384 | $3,864,259 |
Dallas Southwest Osteopathic Physicians Inc Dallas, TX | $51,369,570 | $1,147,785 |
Travis County Medical Society Austin, TX | $7,062,194 | $1,482,631 |