Bogalusa Community Medical Center
- Assets
- $14.8m
- Revenue
- $737.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 07/1951
- Data as of
- 06/2021
- EIN
- 72-0505495
Organization Overview
Bogalusa Community Medical Center is located in Baton Rouge, LA. The organization was established in 1951. 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. Bogalusa Community Medical Center 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 06/2021, Bogalusa Community Medical Center generated $737.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $709.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (17.9%) per year over the past 6 years. 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 PURCHASE, LEASE, OWN, OPERATE, MANAGE AND SELL PROPERTY AND SERVICES IN SUPPORT OF THE HEALTH CARE SERVICES DIVISION OF THE LOUISIANA STATE UNIVERSITY HEALTH SCIENCES CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION OWNED AND OPERATED A NONPROFIT ACUTE CARE HOSPITAL. AS OF JUNE 24, 2002 THE FOUNDATION LEASED THE HOSPITAL AND ITS OPERATIONS TO THE LOUISIANA STATE UNIVERSITY HEALTH CARE SERVICE DEPARTMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Howell President | OfficerTrustee | 1.5 | $0 |
John Antolik Secretary/treasurer | OfficerTrustee | 0.1 | $0 |
Ron Moreau Jr Director | Trustee | 1 | $0 |
Daryl Dietrich Director | Trustee | 0.1 | $0 |
John W Milazzo Jr Director | Trustee | 0.1 | $0 |
Ronald Rodi Director | Trustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Frank A Anzalone General Contractor Ed Expansion- Capital Outlay Project | 6/29/15 | $4,427,074 |
Fauntleroy & Latham Architecture | 6/29/15 | $107,905 |
Financial Statements
| 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 | $0 |
| Investment income | $391,129 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $346,027 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $737,156 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $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 | $108,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,700 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $399,385 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $162,426 |
| All other expenses | $750 |
| Total functional expenses | $709,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,401,516 |
| Savings and temporary cash investments | $500,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,150 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $11,595,135 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $35,432 |
| Net Land, buildings, and equipment | $310,700 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,845,933 |
| Accounts payable and accrued expenses | $14,040 |
| 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 | $10,678,822 |
| Total liabilities | $10,692,862 |
| Net assets without donor restrictions | $4,153,071 |
| 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 | $14,845,933 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baylor Scott & White Medical Center - Centennial Dallas, TX | $137,105,077 | $106,216,316 |
Hill Country Memorial Hospital Fredericksburg, TX | $246,858,307 | $102,790,057 |
Community Hospital Of Brazosport Lake Jackson, TX | $81,245,268 | $88,570,423 |
Texas Health Harris Methodist Hospital Cleburne Cleburne, TX | $33,076,475 | $91,535,672 |
Baptist Memorial Hospital Union County Inc New Albany, MS | $42,538,210 | $93,451,151 |
Huntsville Community Hospital Inc Huntsville, TX | $39,825,804 | $79,504,131 |
Our Lady Of The Lake Ascension Community Hospital D/B/A St Elizabeth Hospital Gonzales, LA | $0 | $78,039,267 |
Arkansas Methodist Hospital Corporation Paragould, AR | $77,904,998 | $67,012,141 |
Heart Of Texas Community Health Center Inc Waco, TX | $45,785,038 | $74,486,899 |
Texas Health Hospital Mansfield Mansfield, TX | $170,784,990 | $33,017,334 |
Arkansas Childrens Northwest Inc Little Rock, AR | $198,332,902 | $80,328,935 |
Hendrick Medical Center Brownwood Abilene, TX | $108,207,008 | $68,073,370 |