Franciscan Missionaries Of Our Lady Health System Inc

Franciscan Missionaries Of Our Lady Health System Inc 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 06/2019, Franciscan Missionaries Of Our Lady Health System Inc employed 1,449 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes.

For the year ending 06/2019, Franciscan Missionaries Of Our Lady Health System Inc generated $224.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $290.7m during the year ending 06/2019. While expenses have increased by 7.7% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

FMOL MANAGES AN INTEGRATED HEALTH SYSTEM TO MAKE A DIFFERENCE IN OUR COMMUNITIES THROUGH CATHOLIC HEALTH SERVICES BY CALLING FORTH ALL WHO SERVE IN THE HEALTHCARE MINISTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FMOL HEALTH SYSTEM SERVES AS THE SOLE-MEMBER TO THE FOLLOWING HOSPITALS ACROSS LOUISIANA: ST. FRANCIS MEDICAL CENTER IN MONROE, OUR LADY OF THE LAKE REGIONAL MEDICAL CENTER IN BATON ROUGE, OUR LADY OF LOURDES REGIONAL MEDICAL CENTER IN LAFAYETTE, ST. ELIZABETH HOSPITAL IN GONZALES AND OUR LADY OF THE ANGELS HOSPITAL IN BOGALUSA. THESE HOSPITALS OFFER A FULL ARRAY OF ACUTE CARE AND TERTIARY SERVICES. FMOL HEALTH SYSTEM PROVIDES FOR ALL ITS SUBSIDIARIES STRATEGIC PLANNING, LEADERSHIP SERVICES, AND BUSINESS SUPPORT FUNCTIONS. THESE SERVICES INCLUDE PLANNING, FINANCE, LEGAL, RISK MANAGEMENT, MATERIALS, AND COMPLIANCE. ADDITIONALLY, THE FMOL HEALTH SYSTEM PROVIDES TECHNOLOGY SUPPORT THAT MAKES IT EASIER FOR DOCTORS TO MAKE THE RIGHT DIAGNOSIS, MAKES HEALTHCARE SAFER AND IMPROVES THE QUALITY OF CARE. FMOL HEALTH SYSTEM ALSO PROVIDES GUIDANCE AND RESOURCES THAT SUPPORT THE ENTIRE SYSTEM'S EFFORTS IN MARKEDLY CHANGING HOW THE HEALTHCARE SYSTEM CARES FOR THE ELDERLY POPULATION. FMOL HEALTH SYSTEM COORDINATES AND SUPPORTS ITS SYSTEM-WIDE MISSION OF REACHING THOSE PEOPLE WHO ARE MOST IN NEED OF HEALTH CARE IN EACH OF THE COMMUNITES SERVED BY ITS HOSPITALS.


GRANTS ARE MADE TO CHARITABLE ORGANIZATION IN ORDER TO SUPPORT THE CHARITABLE MISSION OF FMOL HEALTH SYSTEMS, INC.


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Franciscan Missionaries Of Our Lady Health System Inc Board, Officers & Key Employees

Name (title)Compensation
John J Finan Jr
Executive Emeritus
$1,663,703
Michael Mcbride
President/ceo Feb2018-Feb2019
$1,196,390
Richard R Vath
Current Pres/ceo
$1,178,464
Kenneth Wester
President/ceo Of Olol
$1,115,252
Jolee Bollinger
General Counsel
$771,762
Robert D Ramsey
Chief Financial Officer
$745,587

Franciscan Missionaries Of Our Lady Health System Inc Vendors

Vendor Name (Service)Compensation
Shi International Corp
Is Data Project Svc
$9,114,029
Epic Systems Corporation
Software Services
$17,651,922
The Bank Of New York Mellon
Banking Services
$8,427,492
Venture Technologies
It Services
$5,435,318
Microsoft Corporation
Software Services
$5,946,826
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$116,176
Investment income -$300,751
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,532
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,110,836
Miscellaneous Revenue$0
Total Revenue $224,068,859

Franciscan Missionaries Of Our Lady Health System Inc Grants Awarded

Over the last fiscal year, Franciscan Missionaries Of Our Lady Health System Inc has awarded $25,000 in support to 2 organizations.

Grant RecipientAmount

LOUISIANA ASSOCIATION OF BUSINESS AND INDUSTRY

Org PageRecipient Profile

Baton Rouge, LA

PURPOSE: Free Enterprise Program Donation

$15,000

OUR LADY OF THE LAKE FOUNDATION

Org PageRecipient Profile

Baton Rouge, LA

PURPOSE: CHILDREN'S HOSPITAL FIESTA

$10,000
View Grant Profile

Franciscan Missionaries Of Our Lady Health System Inc Grants Recieved

Over the last fiscal year, we have identified 1 grants that Franciscan Missionaries Of Our Lady Health System Inc has recieved totaling $12,000.

Awarding OrganizationAmount
Our Lady Of The Lake Hospital Inc

Baton Rouge, LA

PURPOSE: INDIVIDUAL DISASTER ASSISTANCE

$12,000
View Grant Recipient Profile

Franciscan Missionaries Of Our Lady Health System Inc Peer Organizations

Organization NameAssets
Christus Health
Irving, TX
$1,012,200,002
Christus Spohn Health System Corporation
Corpus Christi, TX
$811,978,988
Texas Health Resources
Arlington, TX
$1,190,451,779
Texas Health Presbyterian Hospital Dallas
Dallas, TX
$675,096,034
Christus Health Ark-La-Tex
Texarkana, TX
$355,246,256
Franciscan Missionaries Of Our Lady Health System Inc
Baton Rouge, LA
$224,068,859
Affiliated Medical Services
Houston, TX
$286,246,409
Etx Successor System
Tyler, TX
$298,468,898
Cook Childrens Health Care System
Fort Worth, TX
$256,780,292
U T Physicians
Houston, TX
$179,232,757
Baylor Scott & White Holdings
Dallas, TX
$72,287,415
Baylor Health Care System
Dallas, TX
$65,441,790

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