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Lsu Health Sciences Foundation In Shreveport

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 721402222 ✦ Shreveport, LA ✦ Designated as a 501(c)(3)

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Overview

What is Lsu Health Sciences Foundation In Shreveport?

Lsu Health Sciences Foundation In Shreveport is a nonprofit organization located at 920 PIERREMONT RD 506, Shreveport, LA 71106. Their primary mission is to support, enhance, and assist LSU Medical Center in Shreveport. They accomplish this by increasing awareness of the medical center's contributions to medical research, education, and quality healthcare. The foundation also works on developing and enhancing financial support for the medical center's endeavors and provides a means to receive and manage these contributions. Their aim is to inspire donors to invest in LSU Health Shreveport and properly steward contributions towards its support, ultimately contributing to the betterment of the health sciences center. The foundation employs a team of 14 individuals in pursuit of these objectives.


Official website here: www.lsuhsfoundation.org

What are the reviews and ratings of this charity?

The Lsu Health Sciences Foundation In Shreveport receives a perfect score of 100% from Charity Navigator, granting it a prestigious Four-Star out of Four Star rating. This nonprofit demonstrates exemplary accountability and financial management, as all evaluated metrics indicate transparent and financially responsible practices.

The organization's strong points include a completely independent board, extensive financial oversight, and comprehensive policies on conflicts of interest and document retention. The program expense ratio is notably high at 88.81%, suggesting an efficient allocation of funds toward its core mission. Furthermore, the foundation maintains a low liabilities-to-assets ratio, ensuring a stable financial standing.

While the foundation excels in accountability and finances, other metrics such as Impact, Culture, and Leadership are not evaluated, leaving room for further public insight into these areas. Nevertheless, the foundation’s robust financial integrity secures its reputation as a reliable and well-managed nonprofit. There are no user reviews found on GreatNonprofits to provide additional sentiment from the public.


This AI summary has been generated from information found on Charity Navigator.

Is Lsu Health Sciences Foundation In Shreveport legitimate?

Lsu Health Sciences Foundation In Shreveport is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lsu Health Sciences Foundation In Shreveport 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: $350,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $688,879

For more financial information, click here


Official website here: www.lsuhsfoundation.org

What is the mission statement of Lsu Health Sciences Foundation In Shreveport?

The LSU Health Sciences Foundation's primary mission is to support and enhance the activities of the LSU Health Sciences Center. This is achieved by increasing awareness of the center's contributions to medical research, education, and quality healthcare. The foundation also focuses on developing and enhancing financial support for the center's endeavors. Lastly, they provide the necessary means to receive and administer these financial contributions.


Official website here: www.lsuhsfoundation.org

Who is the CEO of Lsu Health Sciences Foundation In Shreveport?

Kevin Flood is the CEO of Lsu Health Sciences Foundation In Shreveport The CEO's salary of Lsu Health Sciences Foundation In Shreveport is $168,766 and their total compensation is $184,734.


Official website here: www.lsuhsfoundation.org

What is the revenue of Lsu Health Sciences Foundation In Shreveport?

Lsu Health Sciences Foundation In Shreveport's revenue in 2023 was $19,436,125.


Official website here: www.lsuhsfoundation.org

Who are the executives of Lsu Health Sciences Foundation In Shreveport and what are their salaries?

The average compensation at Lsu Health Sciences Foundation In Shreveport during 2023 was $79,952. There are 13 employees and 25 volunteers at Lsu Health Sciences Foundation In Shreveport.

Here are 24 key members and their salaries (Lsu Health Sciences Foundation In Shreveport's CEO's salary is $168,766 and their total compensation is $184,734):


David Abdehou (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Abraham Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Bridges (Director/Property Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Comegys Iii (Vice Chair/Investment Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Busada (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Garrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Germany (Director/Alumni Council Ch)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Harrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hobley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob King Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Lasseigne (Treasurer/Finance Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis O'Callaghan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Prince (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bubba Rasberry (Director/Governance Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valarie Jamison (Secretary/Audit Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Ostendorff Iii (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Moffitt (Director/Development Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Armand Roos (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Posner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Flood (President & Ceo)
  • Compensation: $168,766
  • Related: $0
  • Other: $15,968
Brigette Rose (Exectuive Vp & Cfo)
  • Compensation: $154,290
  • Related: $0
  • Other: $14,750
Jesse Gilmore (Vp Of Development)
  • Compensation: $111,414
  • Related: $0
  • Other: $12,989


Official website here: www.lsuhsfoundation.org

Where can I find the form 990 for Lsu Health Sciences Foundation In Shreveport?

Lsu Health Sciences Foundation In Shreveport's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lsuhsfoundation.org

Learn more at the official website: www.lsuhsfoundation.org

Mission Statement of Lsu Health Sciences Foundation In Shreveport

Lsu Health Sciences Foundation, in its mission, primarily aims to inspire donors to invest in Lsu Health Sciences Center in Shreveport and properly manage the contributions directed towards its support. The foundation's objective is to assist and enhance the center's numerous endeavors in medical research, education, and the provision of high-quality healthcare. To accomplish this mission, the foundation focuses on three key areas:

Firstly, it works diligently to promote awareness of the significant contributions made by the Lsu Health Sciences Center in Shreveport in the fields of medical research, education, and healthcare delivery. By raising awareness, the foundation seeks to attract more financial support for these initiatives.

Secondly, the foundation is dedicated to developing and enhancing the financial resources required for the center's endeavors. This involves actively seeking and administering financial contributions to support the medical center's various projects and programs.

Thirdly, the Lsu Health Sciences Foundation provides the necessary mechanisms through which financial support can be received and managed effectively. By doing so, it ensures that the contributions made to the medical center are utilized efficiently and effectively to achieve its goals. In summary, the Lsu Health Sciences Foundation's mission is to support, enhance, and aid the Lsu Health Sciences Center in Shreveport in its various endeavors, focusing on medical research, education, and healthcare delivery.

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Impact




July, 2024

The LSU Health Sciences Foundation in Shreveport plays a vital role in supporting, enhancing, and assisting the LSU Medical Center in Shreveport. Through its mission to inspire donors to invest in LSU Health Shreveport and steward contributions towards its support, the foundation significantly impacts the medical research, education of medical professionals, and quality healthcare provided by the LSU Medical Center. By expanding awareness of the medical center's contributions, developing financial support, and facilitating the administration of these funds, the foundation helps ensure the continued success and growth of LSU Health Sciences Center in Shreveport.




This information is meant to be a general summary of Lsu Health Sciences Foundation In Shreveport. 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.

Revenue
$19,436,125 (2023)
Expenses
$10,385,139 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,285,253
  • Gross Receipts: $52,778,742

Assets and Liabilities:

  • Total Assets: $270,688,271
  • Total Liabilities: $87,270,209
  • Net Assets: $183,418,062

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Organization Details

Founding Year

1997

Principal Officer

Kevin Flood

NTEE Category

Code: T30 - Philanthropy

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