LAFAYETTE HEALTH VENTURES INC Charity Report

Public IRS 990 nonprofit record

LAFAYETTE HEALTH VENTURES INC

EIN 72-1006966 · Community Health Systems (E21)

What they do

OPERATE BUSINESSES (PHYSICIAN PRACTICES) THAT RETURN VALUE IN SUPPORT of THE MISSION of LAFAYETTE GENERAL MEDICAL CENTER (LGMC). LGMCS MISSION is to PROVIDE MEDICAL CARE to RESTORE, MAINTAIN & IMPROVE THE HEALTH of THE PEOPLE IN THE COMMUNITY WE SERVE, REGARDLESS of THE PATIENTS ABILITY to PAY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

178.33%of revenue went to mission work95.8% of expenses · Program services

$186.14spent for every $100 of revenueSpending was higher than revenue this year.

7.81%of revenue went to management and office costs4.2% of expenses

$0.36in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $54,402,569 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $109,051 for PATRICK W GANDY (BOARD MEMBER/CHAIR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$63,153,979

Mission workProgram services$112,624,646178.33% of revenue95.8% of expenses

ManagementOffice and general costs$4,931,9027.81% of revenue4.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$117,556,548186.14% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 95.8% mission · 4.2% management · 0.0% fundraisingTotal expenses: 186.14% of revenue

2023Expense mix: 96.1% mission · 3.9% management · 0.0% fundraisingTotal expenses: 188.12% of revenue

2022Expense mix: 95.5% mission · 4.5% management · 0.0% fundraisingTotal expenses: 207.81% of revenue

2021Expense mix: 84.8% mission · 15.2% management · 0.0% fundraisingTotal expenses: 157.98% of revenue

2020Expense mix: 81.4% mission · 18.6% management · 0.0% fundraisingTotal expenses: 138.50% of revenue

2018Expense mix: 86.2% mission · 13.8% management · 0.0% fundraisingTotal expenses: 142.18% of revenue

2017Expense mix: 87.3% mission · 12.7% management · 0.0% fundraisingTotal expenses: 159.19% of revenue

2016Expense mix: 87.7% mission · 12.3% management · 0.0% fundraisingTotal expenses: 177.13% of revenue

Money in and money out

Revenue$63,153,979

Expenses$117,556,548

Annual shortfall $54,402,569 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$112,624,646 · 95.8% of expenses

Management and office costs$4,931,902 · 4.2% of expenses

See all reported dollar amounts

Revenue$63,153,979

Expenses$117,556,548

Assets$42,721,325

Income$63,164,718

Mission work (program services)$112,624,646

Grants given$52,142

Average grant$6,518

Management and general$4,931,902

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PATRICK W GANDYBOARD MEMBER/CHAIR · 1 hrs/week $109,051Base · Other $109,051

ROGER MATTKEBOARD MEMBER - NON VOTING · 1 hrs/week $77,561Base · Other $77,561

AL J PATINFORMER BOARD MEMBER $59,485Base · Other $59,485

BRIAN E ETIER JRFORMER HIGHEST COMPENSATED $36,456Base · Other $36,456

MOHAMAD A ALLAMFORMER HIGHEST COMPENSATED $36,440Base · Other $36,440

PAUL BUZHARDTFORMER HIGHEST COMPENSATED $35,890Base · Other $35,890

EDWARD YERGERFORMER HIGHEST COMPENSATED $33,156Base · Other $33,156

MICHAEL S CAIN MDBOARD MEMBER/EMPLOYED PHYSICIAN · 1 hrs/week $33,019Base · Other $33,019

MICHAEL ALEXANDER MDBOARD MEMBER/EMPLOYED PHYSICIAN · 1 hrs/week $31,975Base · Other $31,975

KIMBERLY H DOOLEYCHIEF ADMINISTRATIVE OFFICER/BOARD MEMBER - NON VO · 1 hrs/week $29,350Base · Other $29,350

VICTOR E TEDESCOFORMER HIGHEST COMPENSATED $10,639Base · Other $10,639

DAVID L CALLECODFORMER BOARD MEMBER $2,213Base · Other $2,213

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

PATRICK W GANDYBOARD MEMBER/CHAIR

ROGER MATTKEBOARD MEMBER - NON VOTING

AL J PATINFORMER BOARD MEMBER

BRIAN E ETIER JRFORMER HIGHEST COMPENSATED

MOHAMAD A ALLAMFORMER HIGHEST COMPENSATED

PAUL BUZHARDTFORMER HIGHEST COMPENSATED

EDWARD YERGERFORMER HIGHEST COMPENSATED

MICHAEL S CAIN MDBOARD MEMBER/EMPLOYED PHYSICIAN

MICHAEL ALEXANDER MDBOARD MEMBER/EMPLOYED PHYSICIAN

KIMBERLY H DOOLEYCHIEF ADMINISTRATIVE OFFICER/BOARD MEMBER - NON VO

VICTOR E TEDESCOFORMER HIGHEST COMPENSATED

DAVID L CALLECODFORMER BOARD MEMBER

About this charity

Recognized since: January 2014
Location: 1211 COOLIDGE STREET, LAFAYETTE, LA 70503-2636
County: Lafayette
In care of: % VANESSA BOUDREAUX
Primary officer: JIM MOLLOY, OCF EVP, CFO, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(337) 289-8951 Officer phone(504) 842-4097

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: HORNE LLP
NTEE classification: Community Health Systems (E21)
IRS tax category: Community Health Systems
Grant-giving organization: Yes