Louisiana State University School of Med in New Orleans Faculty Group Practice
Also known as LSU Healthcare Network
Louisiana State University School of Med in New Orleans Faculty Group Practice reported $144.3 million in revenue and $143.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $98.44 went to program services, $1.56 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: 97.5% of the total. The highest compensation it reported for one person was $926,115 (PRESIDENT). 13 people received more than $100,000 in reportable compensation. Revenue fell 2% 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 $143MFor 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 $144MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 98.4% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 1.6% | 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 | 97.5% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $926,115 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.65% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 13 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.1 | 6.6 |
| Independent voting board members Part VI 1a–1b | 9 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
FY2025 · Form 990, Part III · the three largest programs by expenseEnhancement fund payments paid to the la State University health sciences center helped sustain faculty teaching programs, resident training, and medical research. Clinical care to the community is provided without regard to the ability to pay or the possession of insurance. During the year ended june 30, 2025, charity charges entered into the billing system and adjusted off totaled approximately $16.7 million which represents 4.7% of the total gross charges for the fiscal year
Highest reported compensation
FY2025 · 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 Director/trustee, officer, 0.50 hrs/week | $0 | $888,163 | $37,952 | $926,115 |
| LSUHSC REPRESENTATIVE Director/trustee, 0.50 hrs/week | $0 | $843,463 | $33,992 | $877,455 |
| CEO Director/trustee, officer, 0.50 hrs/week | $0 | $715,249 | $32,396 | $747,645 |
| LSUHSC REPRESENTATIVE Director/trustee, 0.50 hrs/week | $0 | $638,129 | $27,784 | $665,913 |
| LSUHSC REPRESENTATIVE Director/trustee, 0.50 hrs/week | $0 | $620,506 | $21,166 | $641,672 |
| LSUHSC REPRESENTATIVE Director/trustee, 0.50 hrs/week | $0 | $610,338 | $25,172 | $635,510 |
| LSUHSC REPRESENTATIVE Director/trustee, 0.50 hrs/week | $0 | $549,577 | $30,869 | $580,446 |
| CFO Officer, 40.00 hrs/week | $215,501 | $0 | $13,015 | $228,516 |
13 people received more than $100,000 in reportable compensation from Louisiana State University School of Med in New Orleans Faculty Group Practice (Part VII, line 2). Compensation of current officers, directors and key employees totaled $229K (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
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–1b16 · 9 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 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 5166
Correct a figure or respond
Every number above is copied from Louisiana State University School of Med in New Orleans Faculty Group Practice's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Louisiana State University School of Med in New Orleans Faculty Group Practice, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Louisiana State University School of Med in New Orleans Faculty Group Practice spent in FY2025, $98.44 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Louisiana State University School of Med in New Orleans Faculty Group Practice's spending goes to programs?
In the fiscal year ending June 30, 2025, Louisiana State University School of Med in New Orleans Faculty Group Practice reported that 98.4% of its $143.1 million in expenses went to program services, 1.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Louisiana State University School of Med in New Orleans Faculty Group Practice pay its top executive?
The largest total compensation Louisiana State University School of Med in New Orleans Faculty Group Practice reported for one person in the fiscal year ending June 30, 2025 was $926,115, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Louisiana State University School of Med in New Orleans Faculty Group Practice get its money?
Of $144.3 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 97.5% from program service revenue (Form 990, Part VIII).
Is Louisiana State University School of Med in New Orleans Faculty Group Practice a registered charity?
The IRS lists EIN 72-1304948 as a 501(c)(3) organization (supporting organization (509(a)(3))), 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 202620869349300412 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202510859349300116 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202440799349301614 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349310944 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240959349300434 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130579349301603 · read the filing
All filings for EIN 72-1304948: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.