Overview
What is Louisiana State University School Of Med In New Orleans Faculty Group Practice?
The Louisiana State University School of Med in New Orleans Faculty Group Practice is a private, tax-exempt organization that supports the charitable, scientific, and educational missions of the LSU Health Sciences Center in New Orleans. Established to enhance the clinical practice functions of the schools of medicine, allied health professions, dentistry, nursing, and public health, the group practice pays enhancement fund payments to sustain faculty teaching programs, resident training, and medical research. They manage community outreach clinics, including the New Orleans Musicians Clinic, which offers discounted care based on need to the city's musicians. The practice provides clinical care to the community regardless of ability to pay or insurance possession. As part of the LSU Healthcare Network, they aim to deliver the highest quality, comprehensive medical care with compassion and professionalism while maintaining academic excellence. Approximately $9.4 million in charity charges were entered into their billing system and adjusted off during the fiscal year ended June 30, 2022, representing 2.8% of the total gross charges for the year.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Louisiana State University School of Medicine in New Orleans Faculty Group Practice has received a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. With an overall score derived entirely from a single beacon score, the organization's impressive 94% highlights its commitment to transparency and financial health.
Key strengths of the organization include a high percentage of independent board members, robust financial oversight, and the absence of material asset diversion. The entity has established comprehensive policies on conflict of interest and whistleblowing, further reinforcing its governance framework. Additionally, the program expense ratio of 98.07% indicates a strong focus on funding direct services rather than administrative costs.
While the organization demonstrates solid financial practices and accountability, it is essential for potential donors and stakeholders to remain aware of any challenges or limitations that may arise in the future. However, based on current data, the Louisiana State University School of Medicine in New Orleans Faculty Group Practice is well-positioned as a responsible nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Louisiana State University School Of Med In New Orleans Faculty Group Practice legitimate?
Louisiana State University School Of Med In New Orleans Faculty Group Practice is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana State University School Of Med In New Orleans Faculty Group Practice submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $183,737
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,755,399
For more financial information, click here
What is the mission statement of Louisiana State University School Of Med In New Orleans Faculty Group Practice?
The Louisiana State University School of Med in New Orleans Faculty Group Practice is a private, tax-exempt entity established to support the charitable, scientific, and educational missions of the LSU Health Sciences Center, specifically those connected to its schools of medicine, allied health professions, dentistry, nursing, and public health. The team is dedicated to delivering the highest quality, comprehensive medical care with compassion and professionalism, while maintaining a commitment to academic excellence. The faculty group practice sustains academic programs through enhancement fund payments to the LSU Health Sciences Center, which fund teaching, resident training, and medical research. The practice also manages community outreach clinics, offering discounted care based on need. Regardless of a patient's ability to pay or insurance status, they receive clinical care. Charity charges, totaling approximately $9.4 million during the fiscal year ended June 30, 2022, represent 2.8% of the total gross charges for the year.
Who is the CEO of Louisiana State University School Of Med In New Orleans Faculty Group Practice?
J Christian Winters is the President of Louisiana State University School Of Med In New Orleans Faculty Group Practice. The CEO's salary of Louisiana State University School Of Med In New Orleans Faculty Group Practice is $0 and their total compensation is $703,966.
What is the revenue of Louisiana State University School Of Med In New Orleans Faculty Group Practice?
Louisiana State University School Of Med In New Orleans Faculty Group Practice's revenue in 2022 was $148,257,183.
Who are the executives of Louisiana State University School Of Med In New Orleans Faculty Group Practice and what are their salaries?
The average compensation at Louisiana State University School Of Med In New Orleans Faculty Group Practice during 2022 was $43,100. There are 161 employees at Louisiana State University School Of Med In New Orleans Faculty Group Practice.
Here are 20 key members and their salaries (Louisiana State University School Of Med In New Orleans Faculty Group Practice's CEO's salary is $0 and their total compensation is $703,966):
- Compensation: $0
- Related: $848,675
- Other: $38,195
- Compensation: $0
- Related: $671,020
- Other: $32,946
- Compensation: $0
- Related: $270,713
- Other: $13,813
- Compensation: $0
- Related: $817,610
- Other: $33,755
- Compensation: $0
- Related: $648,247
- Other: $27,275
- Compensation: $0
- Related: $691,657
- Other: $24,893
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $173,260
- Related: $0
- Other: $10,477
- Compensation: $108,490
- Related: $0
- Other: $19,050
- Compensation: $119,578
- Related: $0
- Other: $21,011
- Compensation: $107,651
- Related: $0
- Other: $13,651
- Compensation: $116,269
- Related: $0
- Other: $8,389
Where can I find the form 990 for Louisiana State University School Of Med In New Orleans Faculty Group Practice?
Louisiana State University School Of Med In New Orleans Faculty Group Practice's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Louisiana State University School Of Med In New Orleans Faculty Group Practice
The Louisiana State University School of Med in New Orleans Faculty Group Practice is a private, tax-exempt organization established to support the charitable, scientific, and educational missions of the LSU Health Sciences Center in New Orleans. Dedicated to delivering the highest quality, comprehensive medical care with compassion and professionalism, this faculty group practice plays a significant role in the academic excellence of the LSU Healthcare Network.
Enhancement fund payments made to the LSU Health Sciences Center helped sustain faculty teaching programs, resident training, and medical research. The Faculty Group Practice also manages community outreach clinics, such as the New Orleans Musicians' Clinic, which offers discounted care to the city's musicians based on need. Regardless of a patient's ability to pay or possession of insurance, the practice provides clinical care to the community. During the fiscal year ended June 30, 2022, charity charges entered into the billing system and adjusted off totaled approximately $9.4 million, representing 2.8% of the total gross charges for the year. Through its commitment to patient-centered healthcare, the Louisiana State University School of Med in New Orleans Faculty Group Practice continues to make a difference in the lives of its patients and the community at large.
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Impact
October, 2024
Louisiana State University School of Medicine in New Orleans Faculty Group Practice (LSU Faculty Group Practice) plays a vital role in the health care landscape of New Orleans by advancing education, research, and community health. As a comprehensive faculty group practice, it supports the clinical practice functions of the LSU Health Sciences Center, including its schools of medicine, allied health professions, dentistry, nursing, and public health.
The practice enhances faculty teaching programs, resident training, and crucial medical research through funds generated by its activities. Notably, the LSU Faculty Group Practice operates community outreach clinics, such as the New Orleans Musicians’ Clinic, which provides discounted health care services to local musicians in need. This commitment to accessibility ensures that clinical care is extended to all community members without discrimination regarding their ability to pay or insurance status.
During the fiscal year ending June 30, 2022, charity care amounted to approximately $9.4 million, accounting for 2.8% of the total gross charges—highlighting the significant financial support offered to underserved populations. By prioritizing patient-centered care, the LSU Healthcare Network strives to deliver high-quality medical services with compassion and professionalism, reinforcing its dedication to academic excellence in the process. Overall, the LSU Faculty Group Practice not only enhances health care delivery but also fosters educational and research initiatives crucial for the advancement of medical professions in the region.
This information is meant to be a general summary of Louisiana State University School Of Med In New Orleans Faculty Group Practice. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$9,456,671
- Program Service Revenue: $157,008,182
- Gross Receipts: $175,075,789
Assets and Liabilities:
- Total Assets: $99,968,210
- Total Liabilities: $38,830,498
- Net Assets: $61,137,712
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REV.
Revenue
$138,759,246
CAPITATION REVENUE
Revenue
$18,248,936
Organization Details
Founding Year
1995
Phone
(504) 412-1836Principal Officer
J Christian Winters
Main Address
478 S JOHNSON ST, NEW ORLEANS, LA, 70112
NTEE Category
Code: E31Z - Health
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