FRANCISCAN MISSIONARIES OF OUR LADY HEALTH SYSTEM INC Charity Report

Public IRS 990 nonprofit record

FRANCISCAN MISSIONARIES OF OUR LADY HEALTH SYSTEM INC

EIN 72-1028323 · Health Care (E21Z)

What they do

INSPIRED BY THE VISION of ST. FRANCIS and IN THE TRADITION of THE ROMAN CATHOLIC CHURCH, WE EXTEND THE HEALING MINISTRY of JESUS CHRIST to GODS PEOPLE, ESPECIALLY THOSE MOST IN NEED. WE CALL FORTH ALL WHO SERVE IN THIS HEALTHCARE MINISTRY, to SHARE THEIR GIFTS and TALENTS to CREATE A SPIRIT of HEALING - WITH REVERENCE and LOVE for ALL of LIFE, WITH JOYFULNESS of SPIRIT, and WITH HUMILITY and JUSTICE for ALL THOSE ENTRUSTED to OUR CARE. WE ARE, WITH GODS HELP, A HEALING and SPIRITUAL PRESENCE for EACH OTHER and for THE COMMUNITIES WE ARE PRIVILEGED to SERVE.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $20.00 was reported for mission work and $0.00 for fundraising. Understand this before you give.

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 leaders28 people are listed in the latest report.

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

Money made simple

21.98%of revenue went to mission work20.0% of expenses · Program services

$109.71spent for every $100 of revenueSpending was higher than revenue this year.

87.74%of revenue went to management and office costs80.0% of expenses

$7.04in assets for every $1 spent this yearSome assets cannot be spent right away.

0.4%of its money came from giftsOther money may come from services or investments.

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 $43,253,733 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $3,129,537 for RICHARD VATH (FORMER CEO & PRESIDENT). 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$445,304,404

Mission workProgram services$97,866,54821.98% of revenue20.0% of expenses

ManagementOffice and general costs$390,691,58987.74% of revenue80.0% of expenses

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

Total expenses$488,558,137109.71% of revenue

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

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 20.0% went to mission work. Ask the charity to explain these numbers and show recent results.

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: 20.0% mission · 80.0% management · 0.0% fundraisingTotal expenses: 109.71% of revenue

2023Expense mix: 12.9% mission · 87.1% management · 0.0% fundraisingTotal expenses: 116.19% of revenue

2022Expense mix: 8.1% mission · 91.9% management · 0.0% fundraisingTotal expenses: 125.66% of revenue

2021Expense mix: 13.7% mission · 86.3% management · 0.0% fundraisingTotal expenses: 117.36% of revenue

2020Expense mix: 14.9% mission · 85.1% management · 0.0% fundraisingTotal expenses: 107.38% of revenue

2018Expense mix: 24.7% mission · 75.3% management · 0.0% fundraisingTotal expenses: 129.75% of revenue

2017Expense mix: 24.6% mission · 75.4% management · 0.0% fundraisingTotal expenses: 114.32% of revenue

2016Expense mix: 24.2% mission · 75.8% management · 0.0% fundraisingTotal expenses: 115.13% of revenue

Money in and money out

Revenue$445,304,404

Expenses$488,558,137

Annual shortfall $43,253,733 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)$97,866,548 · 20.0% of expenses

Management and office costs$390,691,589 · 80.0% of expenses

See all reported dollar amounts

Revenue$445,304,404

Expenses$488,558,137

Assets$3,440,987,973

Income$489,424,187

Contributions$1,868,705

Mission work (program services)$97,866,548

Grants given$975,056

Average grant$51,319

Management and general$390,691,589

Executive compensation (total)$12,521,436

Stocks and bonds$735,610,284

Accounting fees$2,837,586

Investing fees$87,903

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

RICHARD VATHFORMER CEO & PRESIDENT $3,129,537Base $2,936,907 · Other $192,630

HUNTER RICHARDSONEVP CHIEF ADMINISTRATIVE OFFICER · 40 hrs/week $1,944,829Base $1,745,149 · Other $199,680

MICHAEL GLEASONCHIEF FINANCIAL OFFICER · 40 hrs/week $1,761,293Base $1,612,949 · Other $148,344

TARA HANEYEVP CHIEF STRATEGY OFFICER · 40 hrs/week $1,468,385Base $1,329,576 · Other $138,809

JAMES CRAVEN MDEVP CHIEF PHYSICIAN OFFICER · 40 hrs/week $1,439,657Base $1,386,336 · Other $53,321

CHARLES SPICERPRESIDENT, LAKE & BATON ROUGE MARKET · 40 hrs/week $1,313,487Base $1,153,109 · Other $160,378

JENNIFER DECUIREVP, GENERAL COUNSEL/SECRETARY · 40 hrs/week $1,236,257Base $1,136,843 · Other $99,414

EVERT KUIPERCEO & PRESIDENT · 40 hrs/week $1,212,532Base $1,188,036 · Other $24,496

KRISTIN WOLKARTSYSTEM CNO · 40 hrs/week $1,209,926Base $1,063,272 · Other $146,654

STEPHANIE MANSONPRESIDENT, LOURDES & ACADIANA MARKET · 40 hrs/week $1,023,542Base $879,215 · Other $144,327

C MILLERVP CHIEF CLINICAL TRANSFORMATION OFFICER · 40 hrs/week $938,673Base $903,654 · Other $35,019

THOMAS J GULLATT MDPRESIDENT, ST FRANCIS & NORTH MARKET · 40 hrs/week $839,973Base $705,525 · Other $134,448

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 (28)

RICHARD VATHFORMER CEO & PRESIDENT

HUNTER RICHARDSONEVP CHIEF ADMINISTRATIVE OFFICER

MICHAEL GLEASONCHIEF FINANCIAL OFFICER

TARA HANEYEVP CHIEF STRATEGY OFFICER

JAMES CRAVEN MDEVP CHIEF PHYSICIAN OFFICER

CHARLES SPICERPRESIDENT, LAKE & BATON ROUGE MARKET

JENNIFER DECUIREVP, GENERAL COUNSEL/SECRETARY

EVERT KUIPERCEO & PRESIDENT

KRISTIN WOLKARTSYSTEM CNO

STEPHANIE MANSONPRESIDENT, LOURDES & ACADIANA MARKET

C MILLERVP CHIEF CLINICAL TRANSFORMATION OFFICER

THOMAS J GULLATT MDPRESIDENT, ST FRANCIS & NORTH MARKET

WILLIAM LANDRYSVP CHIEF INFORMATION OFFICER

JEREMY TINNERELLOPRESIDENT, ST. DOMINIC MS MARKET

CRAIG VITRANOSVP PHYSICIAN EXECUTIVE

KENNETH WESTERFORMER OLOL PRESIDENT

SEAN FINANBOARD MEMBER

WILLIE E SMITH EDDBOARD MEMBER

WILLIAM BROWNCHAIR

SISTER LAURA WOLFBOARD MEMBER

SISTER DOROTHEA SONDGEROTH OPBOARD MEMBER

SISTER BARBARA ARCENEAUXBOARD MEMBER

SISTER ANN CATHERINE NGUYENBOARD MEMBER

GERALD BOUDREAUXBOARD MEMBER

ROBERT YARBOROUGHPAST CHAIR

ROBERT RAMSEYBOARD MEMBER

JOHN ENQUISTBOARD MEMBER

JEFF LIMBOCKERBOARD MEMBER

About this charity

Recognized since: January 1946
Location: 4200 ESSEN LN, BATON ROUGE, LA 70809-2158
County: East Baton Rouge Parish
In care of: % AMANDA HYMEL
Primary officer: MICHAEL GLEASON, CFO

How to reach them

WebsiteVisit the charity’s website Phone(225) 923-2701

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: Health Care (E21Z)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes