New Orleans Physician Services Inc
- Assets
- $16.7m
- Revenue
- $42.6m
- Investments
- $0.0
- Employees
- 334
- Location
- Marrero, LA
- Founding
- 12/2014
- Data as of
- 12/2022
- EIN
- 46-4568405
Organization Overview
New Orleans Physician Services Inc is located in Marrero, LA. The organization was established in 2014. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, New Orleans Physician Services Inc employed 334 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Orleans Physician Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, New Orleans Physician Services Inc generated $42.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $63.0m during the year ending 12/2022. While expenses have increased by 6.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FACILITATE THE PROVISION OF HEALTHCARE AND OTHER SOCIAL SERVICES TO ,[CONT'D ON SCH. O] INDIVIDUALS, INCLUDING THE INDIGENT, IN THE PARISH OF JEFFERSON, LOUISIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITATE THE DELIVERY OF HEALTHCARE AND OTHER SERVICES TO INDIVIDUALS, INCLUDING THE INDIGENT, IN JEFFERSON PARISH, LOUISIANA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert M Calhoun President | OfficerTrustee | 1 | $0 |
Jay M Pennisson Treasurer | OfficerTrustee | 1 | $0 |
Darrell D Roy Jr Secretary | OfficerTrustee | 50 | $199,051 |
Kieran Stoder MD Physician | 40 | $703,097 | |
Jon R Glass MD Physician | 40 | $629,644 | |
William W Borron MD Physician | 40 | $626,678 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Women's Medical Centers Llc Health Services | 12/30/22 | $5,378,142 |
Heart Clinic Of Louisiana Health Services & Rent | 12/30/22 | $5,374,526 |
Cardiology Center Health Services | 12/30/22 | $1,847,242 |
Mckesson Medical Surgical Inc Medical Supplies | 12/30/22 | $1,035,016 |
Wmc Real Estate Holdings Rental Equipment | 12/30/22 | $672,190 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $225,623 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $225,623 |
| Total Program Service Revenue | $42,401,074 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $42,626,697 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $199,051 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,479,876 |
| Pension plan accruals and contributions | $898,318 |
| Other employee benefits | $1,317,545 |
| Payroll taxes | $1,646,165 |
| Fees for services: Management | $1,652,231 |
| Fees for services: Legal | $139,823 |
| Fees for services: Accounting | $25,056 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,236,651 |
| Advertising and promotion | $1,779 |
| Office expenses | $351,306 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,029,144 |
| Travel | $47,561 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $458,442 |
| Insurance | $919,374 |
| All other expenses | $68,175 |
| Total functional expenses | $62,957,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,392,828 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,073,211 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $769,067 |
| Net Land, buildings, and equipment | $2,963,612 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,463,135 |
| Total assets | $16,661,853 |
| Accounts payable and accrued expenses | $6,283,088 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $118,951,326 |
| Total liabilities | $125,234,414 |
| Net assets without donor restrictions | -$108,572,561 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,661,853 |