Franciscan Missionaries Of Our Lady Health System Inc

Organization Overview

Franciscan Missionaries Of Our Lady Health System Inc is located in Baton Rouge, LA. The organization was established in 1946. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Franciscan Missionaries Of Our Lady Health System Inc employed 1,454 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Franciscan Missionaries Of Our Lady Health System 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 06/2021, Franciscan Missionaries Of Our Lady Health System Inc generated $303.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $326.3m during the year ending 06/2021. While expenses have increased by 8.5% per year over the past 6 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.

Since 2016, Franciscan Missionaries Of Our Lady Health System Inc has awarded 14 individual grants totaling $378,855. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MANAGES AN INTEGRATED HEALTH SYSTEM TO MAKE A DIFFERENCE IN OUR COMMUNITIES (SEE SCH O)

Describe the Organization's Program Activity:

SEE SCHEDULE O


GRANTS ARE MADE TO CHARITABLE ORGANIZATIONS IN ORDER TO SUPPORT THE CHARITABLE MISSION OF FRANCISCAN MISSIONARIES OF OUR LADY HEALTH SYSTEM, INC.


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Board, Officers & Key Employees

Name (title)Compensation
Richard R Vath
President/ceo
$1,777,477
Kenneth Wester
President/ceo Of Olol
$1,046,740
Michael Mcbride
Former President/ceo
$1,002,843
Jeffrey D Limbocker
Cfo/evp
$971,153
John Finan
Executive Emiratus
$734,617
Jolee Bollinger
Evp/general Counsel
$725,521

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Epic Systems Corporation
Software Svcs
$13,688,555
The Bank Of New York Mellon
Banking Svcs
$20,235,653
Beecher Carlson
Insurance Svcs
$10,422,517
Regions Bank
Is Data Project Svcs
$9,228,477
Microsoft Corporation
Software Svcs
$9,153,617
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $18,302,437
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$18,302,437
Total Program Service Revenue$302,101,612
Investment income $16,031,956
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$31,446
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$32,570,049
Miscellaneous Revenue$0
Total Revenue $303,834,510

Grants Awarded

Over the last fiscal year, Franciscan Missionaries Of Our Lady Health System Inc has awarded $90,450 in support to 5 organizations.

Grant RecipientAmount

TAKING AIM AT CANCER IN LOUISIANA INC

Org PageRecipient Profile

New Orleans, LA

PURPOSE: GENERAL SUPPORT

$30,000

LOUISIANA PUBLIC BROADCASTING

Org PageRecipient Profile

Baton Rouge, LA

PURPOSE: CHILDRENS HEALTH TIPS & DOCUMENTARY

$25,000

SOUTH SIDE YOUTH SOCCER

Org PageRecipient Profile

Lafayette, LA

PURPOSE: SOCCER JERSEY SPONSORSHIP

$15,000

CATHOLIC HIGH SCHOOL

Org PageRecipient Profile

Baton Rouge, LA

PURPOSE: GENERAL SUPPORT

$10,450

SOUTHERN UNIVERSITY SYSTEM

PURPOSE: ALTHLETICS TOTAL SPONSORSHIP

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Franciscan Missionaries Of Our Lady Health System Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Vizient Foundation Inc

Irving, TX

PURPOSE: LOUISIANA HURRICANE IDA AUGUST 2021 DISASTER RELIEF FINANCIAL ASSISTANT IS PROVIDED

$10,000
View Grant Recipient Profile

Peer Organizations

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