Louisiana Cancer Research Center Of Lsu Health Sciences Center In No
- Assets
- $130.3m
- Revenue
- $18.0m
- Investments
- $0.0
- Employees
- 18
- Location
- New Orleans, LA
- Founding
- 03/2003
- Data as of
- 06/2022
- EIN
- 82-0553413
Organization Overview
Louisiana Cancer Research Center Of Lsu Health Sciences Center In No is located in New Orleans, LA. The organization was established in 2003. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. As of 06/2022, Louisiana Cancer Research Center Of Lsu Health Sciences Center In No employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Cancer Research Center Of Lsu Health Sciences Center In No 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 06/2022, Louisiana Cancer Research Center Of Lsu Health Sciences Center In No generated $18.0m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $18.9m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP A COORDINATED CANCER RESEARCH AND EDUCATIONAL PROGRAM THAT WILL OPTIMIZE DISCOVERY AND DEVELOPMENT OF INNOVATIVE CANCER THERAPIES; LEAD TO INNOVATIVE CLINIAL TREATMENT PROGRAMS OFFERING NEW OPPORTUNITIES FOR EARLY DETECTION, TREATMENT AND PREVENTION OF CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PURPOSE IS TO CONDUCT AND SUPPORT RESEARCH AND PROMOTE EDUCATION IN THE DIAGNOSIS, DETECTION, AND TREATMENT OF CANCER.CANCER RESEARCH-TO CONTINUE TO PURSUE THE LEGISLATIVE MANDATE OF ACHIEVING DESIGNATION AS A CANCER CENTER BY THE NATIONAL CANCER INSTITUTE. THIS IS ACHIEVED BY: (1) CONDUCTING AND SUPPORTING RESEARCH, AND (2) PROMOTING EDUCATION FOR IMPROVEMENT IN THE DIAGNOSING, DETECTING, AND TREATMENT OF CANCER.
CESSATION PROGRAM-TO DEVELOP AND IMPLEMENT A HIGH QUALITY TOBACCO PREVENTION AND CESSATION PROGRAM CONSISTENT WITH THE BEST PRACTICES IN TOBACCO CONTROL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sven Davisson Cao | Officer | 60 | $239,207 |
Deborah Reeder Coo/cfo | Officer | 60 | $172,318 |
Dr John Stewart Board Member | Trustee | 1 | $0 |
Dr Gene D'amour Board Member | Trustee | 1 | $0 |
Dr Oliver Sartor Board Member | Trustee | 1 | $0 |
Terrance Ginn Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quality Floor Preparation Janitorial Service | 6/29/22 | $159,284 |
Amn Leadership Solutions Inc Consultants | 6/29/22 | $147,000 |
The Mentibus Group Llc Consultants | 6/29/22 | $103,900 |
Woodard & Curran Environmental Health | 6/29/22 | $236,250 |
Allied Universal Security Services Building Security | 6/29/22 | $159,678 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,412,796 |
| 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 | $14,412,796 |
| Total Program Service Revenue | $3,970,422 |
| Investment income | -$392,568 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $17,990,650 |
| 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. | $438,958 |
| Compensation of current officers, directors, key employees. | $438,958 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $559,726 |
| Pension plan accruals and contributions | $80,265 |
| Other employee benefits | $114,279 |
| Payroll taxes | $67,055 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $34,644 |
| Fees for services: Accounting | $15,111 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $813,609 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,424 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,361,352 |
| Insurance | $296,549 |
| All other expenses | $2,154,354 |
| Total functional expenses | $18,883,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,802,449 |
| Savings and temporary cash investments | $18,154,587 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,772,816 |
| 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 | $83,600 |
| Net Land, buildings, and equipment | $80,422,696 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $52,400 |
| Total assets | $130,288,548 |
| Accounts payable and accrued expenses | $2,878,049 |
| 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 | $0 |
| Total liabilities | $2,878,049 |
| Net assets without donor restrictions | $5,319,010 |
| Net assets with donor restrictions | $122,091,489 |
| 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 | $130,288,548 |