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Our Lady of the Lake Hospital

Also known as FMOL Health Our Lady of the Lake

Baton Rouge, LA · EIN 72-0423651 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Our Lady of the Lake Hospital reported $2.24 billion in revenue and $1.86 billion in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $76.73 went to program services, $23.27 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 91.6% of the total. The highest compensation it reported for one person was $1,771,957 (Physician). 1,460 people received more than $100,000 in reportable compensation. Revenue rose 46% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $1.86B

For 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

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $2.24B

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
76.7%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
23.3%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
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.6%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.3%0.1%
Program service revenue share
Part VIII 2g ÷ 12
91.6%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,771,957$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.10%1.34%
People paid over $100,000
Part VII, line 2
1,46027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
15.86.6
Independent voting board members
Part VI 1a–1b
10 of 1788.9%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$1.12B expenses · 78.7% of program spending · grants $11M · revenue $1.73B

The medical center provides quality hospital and medical services to its patients. In the current year, the 875 licensed bed hospital provided for 214,778 patient days, 208,525 emergency room visits and 41,540 inpatient discharges. The medical center is an active, caring member of the communities it serves. In carrying out its mission, the medical center has established a policy under which it provides care to needy members of its communities. Additional costs were incurred for participation in programs which, in some cases, pay amounts less than the cost of providing services

$304M expenses · 21.3% of program spending · revenue $342M

Our Lady of the Lake Hospital's physician practice provides care to the needy members of its communities. The physician practice had 1,463,480 patient visits

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Physician
Highest compensated employee, 40.0 hrs/week
$1,719,917$0$52,040$1,771,957
Board Member/EVP, CPO - FMOLHS
Director/trustee, 1.0 hrs/week
$0$1,386,336$53,321$1,439,657
Regional CMO
Key employee, 40.0 hrs/week
$1,366,885$0$46,533$1,413,418
Physician
Highest compensated employee, 40.0 hrs/week
$1,330,200$0$48,900$1,379,100
Physician
Highest compensated employee, 40.0 hrs/week
$1,309,505$0$32,018$1,341,523
Market President
Director/trustee, officer, 1.0 hrs/week
$0$1,153,109$160,378$1,313,487
Board Member/Physician
Director/trustee, 40.0 hrs/week
$1,206,916$0$62,700$1,269,616
Physician
Highest compensated employee, 40.0 hrs/week
$1,132,952$0$45,850$1,178,802

1,460 people received more than $100,000 in reportable compensation from Our Lady of the Lake Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$1.00B$2.00B$3.00B$4.00BFY2020FY2021FY2022FY2023FY2024FY2025$2.24B$1.86B
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$2.24B$1.86B76.7%$2.44B$1,771,957
FY2024 ⓘ$1.90B$1.72B79.7%$2.04B$1,612,991
FY2023 ⓘ$1.68B$1.59B74.4%$1.74B$3,625,673
FY2022 ⓘ$1.76B$1.63B80.0%$1.54B$1,369,356
FY2021 ⓘ$1.75B$1.44B79.3%$1.64B$1,304,875
FY2020 ⓘ$1.53B$1.48B75.1%$1.14B$1,457,091

Governance answers, as filed

FY2025 · 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–1b17 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • 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 4No
  • 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 58,368
  • Volunteers Part I, line 692

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
FMOL HEALTH SYSTEM
Management Fees
$151,342,527
LSUHSC-NEW ORLEANS
Medical Services
$63,596,979
ANESTHESIOLOGY GROUP ASSOC INC
Ansethesiology Services
$34,820,993
CROTHALL HEALTHCARE INC
Housekeeping Services
$19,745,522
SHIELDS HEALTH SOLUTIONS HOLDINGS LLC
Pharmacy MGMT Contract Services
$16,017,218

Individuals listed as contractors are left out. 189 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Our Lady of the Lake Hospital totaling $1,500 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Our Lady of the Lake Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Our Lady of the Lake Hospital, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Louisiana

Questions people ask

How much of Our Lady of the Lake Hospital's spending goes to programs?

In the fiscal year ending June 30, 2025, Our Lady of the Lake Hospital reported that 76.7% of its $1.86 billion in expenses went to program services, 23.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Our Lady of the Lake Hospital pay its top executive?

The largest total compensation Our Lady of the Lake Hospital reported for one person in the fiscal year ending June 30, 2025 was $1,771,957, for the role of Physician (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Our Lady of the Lake Hospital get its money?

Of $2.24 billion in revenue in the fiscal year ending June 30, 2025, 0.6% came from contributions and grants (including 0.3% from government grants) and 91.6% from program service revenue (Form 990, Part VIII).

Is Our Lady of the Lake Hospital a registered charity?

The IRS lists EIN 72-0423651 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349302782 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541359349312109 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349312298 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349317863 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349313873 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131619349300978 · read the filing

All filings for EIN 72-0423651: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.