Southwest Louisiana Hospital Association Inc
- Assets
- $326.9m
- Revenue
- $412.1m
- Investments
- $1.2m
- Employees
- 3,109
- Location
- Lake Charles, LA
- Founding
- 04/1954
- Data as of
- 12/2022
- EIN
- 72-0551963
Organization Overview
Southwest Louisiana Hospital Association Inc is located in Lake Charles, LA. The organization was established in 1954. 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 12/2022, Southwest Louisiana Hospital Association Inc employed 3,109 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Louisiana Hospital Association 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 12/2022, Southwest Louisiana Hospital Association Inc generated $412.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $368.0m during the year ending 12/2022. While expenses have increased by 2.1% 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.
Since 2014, Southwest Louisiana Hospital Association Inc has awarded 35 individual grants totaling $911,842. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HEALTHCARE SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAKE CHARLES MEMORIAL HOSPITAL (LCMH)2022 COMMUNITY BENEFITS SUMMARYI. INTRODUCTIONAS A COMMUNITY-BASED HOSPITAL, IT IS LCMH'S MISSION TO HELP IMPROVE THE HEALTH AND WELLNESS OF THE SOUTHWEST LOUISIANA COMMUNITY. WHILE IT IS OUR LEGAL RESPONSIBILITY TO PROVIDE MEDICAL CARE TO ANYONE IN NEED REGARDLESS OF HIS OR HER ABILITY TO PAY, LCMH ALSO PROVIDES A SIGNIFICANT AMOUNT OF COMMUNITY SERVICE PROGRAMS, INCLUDING EDUCATIONAL PROGRAMS AND HEALTH SCREENINGS, FREE OF CHARGE OR AT A GREATLY REDUCED COST TO THE CONSUMER. II. SPORTS MEDICINE, COMMUNITY EVENTS AND SEMINARSTHE SPORTS MEDICINE ALLIANCE PROVIDED PRE-PARTICIPATION PHYSICALS FOR AREA ATHLETES, ATHLETIC ASSESSMENTS, LECTURES, IN-SERVICES, WORKSHOPS, SPORTS CAMPS AND CLINICS, STUDENT TRAINER SCHOLARSHIPS, ATHLETIC TRAINER COVERAGE AT AREA SPORTING EVENTS, SPECIAL EVENTS AND MORE FREE OF CHARGE OR FOR A MINIMAL FEE TO THE PARTICIPANTS. COMMUNITY BENEFIT: $565,108.EACH YEAR, LCMH PROVIDES FREE HEALTH SCREENINGS, EDUCATIONAL SEMINARS AND INFORMATIONAL BOOTHS AT A VARIETY OF COMMUNITY EVENTS. THE HOSPITAL ALSO PROVIDES FREE SPEAKERS TO CIVIC GROUPS AND THEIR ORGANIZATIONS. THIS COMMITMENT TO HEALTH AND WELLNESS EDUCATION TAKES LCMH PROFESSIONALS INTO THE FIVE PARISH AREA TO STAFF INDUSTRIAL, CORPORATE, AND SCHOOL HEALTH FAIRS. LCMH CONTRIBUTED A NET $344 IN SPECIAL EVENTS AND SEMINARS. COMMUNITY BENEFIT: $344.III. HEALTH PROFESSIONALS EDUCATIONLCMH INVESTS IN MEDICAL EDUCATION IN AN EFFORT OF PROVIDE THE AREA WITH QUALIFIED PROFESSIONALS. IN 2022, LCMH SPENT $7,988,775 FOR THE LOUISIANA STATE UNIVERSITY HEALTH SERVICES CENTER-FAMILY PRACTICE RESIDENCY PROGRAM. COMMUNITY BENEFIT: $5,529,282.IV. CHARITABLE DONATIONSLCMH MAKES NUMEROUS MONETARY DONATIONS TO A VARIETY OF NON-PROFIT AGENCIES. COMMUNITY BENEFIT: $233,698.LCMH'S TOTAL 2022 NET COMMUNITY CONTRIBUTIONS: $6,328,432.
LCMH PROVIDES A WIDE RANGE OF INPATIENT AND OUTPATIENT SERVICES THROUGH A 313 BED ADULT ACUTE CARE HOSPITAL, 38 BED WOMEN'S HOSPITAL WITH 23 NICU BEDS, 42 BED BEHAVIORAL HEALTH HOSPITAL, & THROUGH A JOINT VENTURE A 29 BED LONG TERM CARE FACILITY. ADDITIONALLY LCMH PROVIDES OUTPATIENT SERVICES THROUGH 19 OUTPATIENT LOCATIONS, INCLUDING THE MOSS CLINIC, A PUBLIC/PRIVATE PARTNERSHIP PROVIDING CARE TO THE UNDERSERVED IN THE COMMUNITY.CHARITY CARE - LCMH PROVIDES MEDICAL CARE TO MEDICAID AND INDIGENT RECIPIENTS REGARDLESS OF THEIR ABILITY TO PAY. IN 2022, LCMH PROVIDED $515,658 IN UNREIMBURSED MEDICAID COSTS AND $137,878 IN UNREIMBURSED CHARITY CARE COSTS AS PROVIDED IN THE CEA WITH THE STATE AND LSU. COMMUNITY BENEFIT: $653,536.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Mitch Adrian Past Chairman | OfficerTrustee | 40 | $0 |
Dr Neil Aspinwall Chairpman | OfficerTrustee | 40 | $0 |
Mr Joe Miller Jr Past Chairman | OfficerTrustee | 1 | $0 |
Devon Hyde President, CEO & Assist Se | OfficerTrustee | 40 | $888,126 |
Dawn Johnson-Hatcher Treasurer | OfficerTrustee | 40 | $389,922 |
Jason Langhofer DO Medical Staff Past President | OfficerTrustee | 40 | $634,804 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Regal Industrial Group Remediation Services | 12/30/22 | $4,934,528 |
Hhs Environmental Services & Hhs Llc Janitorial Services | 12/30/22 | $4,039,559 |
Advantage Medical Professionals Nursing Services | 12/30/22 | $2,231,113 |
Lsu Health Science Center Residency Program | 12/30/22 | $1,972,533 |
Millennium Neonatoloy Of Louisiana Residency Program | 12/30/22 | $1,778,324 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $36,232 |
| Government grants | $378,851 |
| 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 | $415,083 |
| Total Program Service Revenue | $410,455,402 |
| Investment income | $127,604 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $236,605 |
| Net Gain/Loss on Asset Sales | -$55,462 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $412,147,197 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $232,238 |
| 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. | $3,855,034 |
| Compensation of current officers, directors, key employees. | $2,235,920 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,648,876 |
| Pension plan accruals and contributions | $3,625,551 |
| Other employee benefits | $10,359,470 |
| Payroll taxes | $7,632,761 |
| Fees for services: Management | $1,466,303 |
| Fees for services: Legal | $828,097 |
| 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 | $8,489,794 |
| Advertising and promotion | $630,495 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,771,718 |
| Travel | $226,734 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,801,425 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,706,367 |
| Insurance | $5,034,565 |
| All other expenses | $26,778,730 |
| Total functional expenses | $368,027,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,195,721 |
| Savings and temporary cash investments | $52,139,320 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,893,901 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,038,116 |
| Prepaid expenses and deferred charges | $4,714,657 |
| Net Land, buildings, and equipment | $154,111,651 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,226,344 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,558,104 |
| Total assets | $326,877,814 |
| Accounts payable and accrued expenses | $94,558,921 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $108,577,745 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,335,395 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $22,454,311 |
| Total liabilities | $230,926,372 |
| Net assets without donor restrictions | $95,951,442 |
| 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 | $326,877,814 |
Grants Awarded
Over the last fiscal year, Southwest Louisiana Hospital Association Inc has awarded $222,238 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PROVIDENT RESOURCES GROUP INC PURPOSE: SPONSORSHIP | $100,000 |
THE CHAMBER SOUTHWEST LOUISIANA PURPOSE: SPONSORSHIP | $8,288 |
MCNEESE STATE UNIVERSITY FOUNDATION PURPOSE: SPONSORSHIP | $7,700 |
SOWELA TECH COMMUNITY COLLEGE FOUNDATION PURPOSE: SPONSORSHIP | $106,250 |