Our Lady Of The Lake Assumption Community Hospital Inc

Organization Overview

Our Lady Of The Lake Assumption Community Hospital Inc is located in Baton Rouge, LA. The organization was established in 1972. 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 06/2021, Our Lady Of The Lake Assumption Community Hospital Inc employed 62 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Our Lady Of The Lake Assumption Community 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 06/2021, Our Lady Of The Lake Assumption Community Hospital Inc generated $9.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $7.2m during the year ending 06/2021. While expenses have increased by 1.1% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE HOSPITAL IS TO PROVIDE FOR THE CARE OF ILL, INJURED AND SEE SCHEDULE O.DISABLED PERSONS AND TO ENHANCE THE HEALTH OF THOSE IN THE COMMUNITY THROUGH RESEARCH AND EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR LADY OF THE LAKE ASSUMPTION PROVIDES TWENTY-FOUR HOUR HEALTHCARE SERVICES FOR PATIENTS IN THE SURROUNDING RURAL COMMUNITIES. THE HOSPITAL HAD 4,515 EMERGENCY ROOM VISITS THIS YEAR. THE HOSPITAL'S EMERGENCY ROOM IS OPEN TO EVERYONE, REGARDLESS OF ABILITY TO PAY.THE HOSPITAL ALSO PROVIDED 14,028 LAB TESTS AND 14 INPATIENT DAYS DURING THE YEAR. IN CARRYING OUT ITS MISSION OF MEETING THE HEALTHCARE NEEDS OF THE PEOPLE OF GOD, THE MEDICAL CENTER HAS ESTABLISHED A POLICY UNDER WHICH IT PROVIDES CARE TO NEEDY MEMBERS OF ITS COMMUNITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Brian F Tripode
Supv Pharmacy
$179,655
Donna M Mullings
Dir. Nursing
$110,580
Wendy Gaudet
Interim CEO
$0
William E Balhoff
Chair
$0
Yolanda Dixon
Secretary
$0
Harry J Philips Jr
Vice Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Fmol Health System
Lab Management Fees
$1,538,421
Correct Care Inc
Medical Services
$1,340,718
Gifted Nurses
Labor Services
$157,654
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,509,044
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$1,509,044
Total Program Service Revenue$7,013,132
Investment income $60,068
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $25,986
Net Gain/Loss on Asset Sales $656,834
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,265,064

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