The Rapides Foundation
The Rapides Foundation reported $10.3 million in revenue and $12.4 million in expenses for calendar year 2024. Of every $100 it spent, $81.79 went to program services, $18.21 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 126.6% of the total. The highest compensation it reported for one person was $520,604 (PRESIDENT & CEO). 4 people received more than $100,000 in reportable compensation. Revenue fell 39% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $10MProgram service revenue was negative: −$2.7M. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.8% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 18.2% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | -26.6% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $520,604 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.18% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 4 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 335.3 | 6.6 |
| Independent voting board members Part VI 1a–1b | 15 of 16 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseAcute-care hospital services the Rapides Foundation is a member of rapides healthcare system llc (rhs), which owns and operates rapides regional medical center (rrmc), a 345-bed hospital in alexandria, la. As an owner of rhs, trf seeks to provide the highest standard of patient care, support healthcare access for the uninsured/underserved population, and meet the community benefit standards under 501(c)(3) and 501(r) of the internal revenue service code. During the twelve months ended december 31, 2024, rrmc admitted 14,066 patients, cared for 63,325 patients in the emergency room, and…
Healthy people trf provided chronic care prescription medications for people who cannot afford them through a $1,148,300 two-year grant for the years 2023 and 2024 to its supporting organization, cenla medication access program (cmap). Cmap's patient assistance program (pap) locates cmap staff near physician offices throughout cmap's primary nine-parish service area. These pap specialists complete applications for patients who are unable to afford their medication to receive free chronic care medications through drug manufacturers' patient assistance programs. Patients also receive…
Education -- during 2024, the Rapides Foundation provided $1.5 million in grants to the nine public school districts in trf's service area. The grants were used for targeted professional development, coaching and mentoring of teachers; leadership development for administrators; and funding to allow the districts to participate in institutes provided by the orchard foundation. The orchard foundation's work in college and career readiness encompasses three areas the cenla work ready network, college and career coaching for high school students, and jump start programs to expose cenla educators…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Director/trustee, officer, 40.00 hrs/week | $476,964 | $0 | $43,640 | $520,604 |
| DIR OF PROGRAMS Key employee, 40.00 hrs/week | $199,412 | $0 | $39,935 | $239,347 |
| DIR OF ADMIN Key employee, 40.00 hrs/week | $200,757 | $0 | $38,418 | $239,175 |
| DIR OF EVALUATION Highest compensated employee, 40.00 hrs/week | $131,190 | $0 | $28,429 | $159,619 |
| DIR OF COMMUNICATIONS Highest compensated employee, 40.00 hrs/week | $99,898 | $0 | $22,089 | $121,987 |
4 people received more than $100,000 in reportable compensation from The Rapides Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b16 · 15 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 532
- Volunteers Part I, line 615
Correct a figure or respond
Every number above is copied from The Rapides Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Rapides Foundation, you can publish a response that is linked from this page.
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Of every $100 The Rapides Foundation spent in 2024, $81.79 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of The Rapides Foundation's spending goes to programs?
In calendar year 2024, The Rapides Foundation reported that 81.8% of its $12.4 million in expenses went to program services, 18.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Rapides Foundation pay its top executive?
The largest total compensation The Rapides Foundation reported for one person in calendar year 2024 was $520,604, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Rapides Foundation get its money?
Of $10.3 million in revenue in calendar year 2024, 0.0% came from contributions and grants and -26.6% from program service revenue (Form 990, Part VIII).
Is The Rapides Foundation a registered charity?
The IRS lists EIN 72-0423603 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202523219349316107 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403409349301265 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343199349326219 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243149349304269 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113169349306256 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003119349301975 · read the filing
All filings for EIN 72-0423603: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.