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Thibodaux Regional Health System

Thibodaux, LA · EIN 84-2046902 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Thibodaux Regional Health System reported $382.1 million in revenue and $334.4 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $78.47 went to program services, $21.53 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: 83.3% of the total. The highest compensation it reported for one person was $2,628,825 (STAFF PHYSICIAN). 202 people received more than $100,000 in reportable compensation. Revenue rose 40% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $334M

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 September 30, 2025 · Form 990, Part VIII · total revenue $382M

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)
78.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
21.5%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
12.6%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%0.1%
Program service revenue share
Part VIII 2g ÷ 12
83.3%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,628,825$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.79%1.34%
People paid over $100,000
Part VII, line 2
20227
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
9.56.6
Independent voting board members
Part VI 1a–1b
4 of 588.9%

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
$262M expenses · 100.0% of program spending · grants $1.0M · revenue $324M

The mission of the hospital is to provide the highest quality, most cost-effective healthcare services possible to the people of thibodaux and surrounding areas. The hospital, in recognition of its mission, strives to achieve its vision to be the regional medical center of choice for selected healthcare services in southeast louisiana through a commitment to quality improvement, by partnering with other healthcare providers, and by remaining financially viable in a competitive environment. To achieve our vision, we promote the following values: respect, integrity, innovation, excellence…

— expenses

Cardiac rehabilitation accreditationthe cardiac rehabilitation program at Thibodaux Regional was reaccredited during FY 2023 by the american association of cardiovascular and pulmonary rehabilitation (aacvpr) recognizing that our program meets the highest standards of care. The aacvpr program certification is awarded for a period of three years.diabetes self-management accreditationduring FY 2023, the american diabetes association (ada) recognized the diabetes self-management program at Thibodaux Regional, awarding continued recognition status for the four year period ending 2027. The program…

— expenses

Ouisiana emergency response networkthe louisiana emergency response network (lern) is an agency of the state government charged with the responsibility of developing and maintaining a statewide system of care coordination for patients with serious traumatic injury or time-sensitive illness, such as heart attack and stroke. Getting to the right place at the right time to receive the right care is a matter of life or death for these patients. In addition to certification by the joint commission as a primary stroke center, thibodaux is also designated as a lern primary stroke center. We are also…

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
STAFF PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$2,579,028$0$49,797$2,628,825
STAFF PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$1,441,492$0$46,489$1,487,981
CEO AND BOARD SEC. - NONVO
Director/trustee, officer, 40.00 hrs/week
$1,271,474$0$43,485$1,314,959
STAFF PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$1,128,208$0$48,797$1,177,005
STAFF PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$1,109,236$0$39,470$1,148,706
STAFF PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$1,107,286$0$31,256$1,138,542
CFO - PART YEAR
Officer, 40.00 hrs/week
$376,710$0$24,745$401,455

202 people received more than $100,000 in reportable compensation from Thibodaux Regional Health System (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (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$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$382M$334M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$382M$334M78.5%$265M$2,628,825
FY2024 ⓘ$348M$310M77.4%$216M$2,310,109
FY2023 ⓘ$323M$289M75.2%$173M$1,385,953
FY2022 ⓘ$329M$278M74.2%$141M$1,105,048
FY2021 ⓘ$298M$252M74.2%$99M$1,101,401
FY2020 ⓘ$272M$222M70.2%$53M$333,351

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–1b5 · 4 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 2Yes
  • 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 51,604
  • Volunteers Part I, line 616

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
HEALTH CATALYST
Information technology services/support
$9,916,953
MEDDATA
Billing services
$2,501,119
POWER WELLNESS MANAGEMENT
Fitness center management services
$2,140,408
CCMMA LA
Telehealth provider services
$698,610
BIO-MEDICAL APPLICATIONS OF LOUISIANA L
Medical care services
$661,325

Individuals listed as contractors are left out. 27 contractors were paid more than $100,000 in all.

Correct a figure or respond

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

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Questions people ask

How much of Thibodaux Regional Health System's spending goes to programs?

In the fiscal year ending September 30, 2025, Thibodaux Regional Health System reported that 78.5% of its $334.4 million in expenses went to program services, 21.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Thibodaux Regional Health System pay its top executive?

The largest total compensation Thibodaux Regional Health System reported for one person in the fiscal year ending September 30, 2025 was $2,628,825, for the role of STAFF PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Thibodaux Regional Health System get its money?

Of $382.1 million in revenue in the fiscal year ending September 30, 2025, 12.6% came from contributions and grants (including 0.1% from government grants) and 83.3% from program service revenue (Form 990, Part VIII).

Is Thibodaux Regional Health System a registered charity?

The IRS lists EIN 84-2046902 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

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202612259349303051 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202532189349300913 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432259349300533 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202342219349300634 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202212149349301246 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112259349302381 · read the filing

All filings for EIN 84-2046902: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.