Louisiana Strategic Research Initiative Inc
- Assets
- $2.3k
- Revenue
- $89.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 01/2018
- Data as of
- 12/2022
- EIN
- 82-1878290
Organization Overview
Louisiana Strategic Research Initiative Inc is located in Shreveport, LA. The organization was established in 2018. According to its NTEE Classification (E60) the organization is classified as: Health Support, 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. Louisiana Strategic Research Initiative 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, Louisiana Strategic Research Initiative Inc generated $89.0 in total revenue. All expenses for the organization totaled $561.0k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THIS CORPORATION IS ORGANIZED TO ACQUIRE TITLE TO REAL PROPERTY FORMERLY OPERATED AS A HOSPITAL BY CHRISTUS HEALTH NORTHERN LOUISIANA, ("CHRISTUS HEALTH"), WHICH INTENDS TO DONATE SUCH PROPERTY (HEREINAFTER THE "ST. MARY CAMPUS") TO THE CORPORATION ON OR BEFORE JUNE 30TH, 2017. THE CORPORATION'S CHARITABLE PURPOSE WILL BE ACCOMPLISHED BY THE LEASING OF ST. MARY CAMPUS FACILITIES TO EXEMPT AND NON-EXEMPT HEALTH CARE PROVIDERS, HEALTH-CARE EDUCATIONAL ENTITIES, AND HEALTH-CARE RESEARCH ENTITIES. SUCH ACTIVITY WILL PERMIT THE CORPORATION, THROUGH ITS TENANTS, TO PROVIDE AND EFFICIENT, COST-EFFECTIVE, INTEGRATE HEALTH CARE CAMPUS AND HEALTH-CARE EDUCATION AND RESEARCH CENTER FOR THE CITIZENS OF NORTHWEST LOUISIANA. THE CORPORATION MAY NOT LEASE TO ENTITIES WHICH DO NOT FURTHER ITS EXEMPT PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DONATED $561,000 TO THE LSU HEALTH SCIENCE FOUNDATION IN 2022. THE FUNDS WERE TO BE USED FOR THE EMERGING VIRAL THREATS (CEVT) ENDOWMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William M Comegys III President | OfficerTrustee | 1 | $0 |
Raymond J Lasseigne Treasurer | OfficerTrustee | 1 | $0 |
Kevin Flood Secretary | OfficerTrustee | 1 | $0 |
Tom Ostendorff Director | Trustee | 1 | $0 |
Valarie Jamison Director | Trustee | 1 | $0 |
Mark Garrett Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vintage Realty Company Management Fees, Property Manager Fees, | 5/30/18 | $579,051 |
Travelers Insurance Co Insurance | 5/30/18 | $275,764 |
Dmr Plumbing And Hvac | 5/30/18 | $165,950 |
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 | $89 |
| 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 | $89 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $561,000 |
| 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. | $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 | $0 |
| 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 | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $18 |
| Total functional expenses | $561,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,255 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,255 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $2,255 |
| 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 | $2,255 |