Foundation Health Services Inc

Organization Overview

Foundation Health Services Inc is located in Baton Rouge, LA. The organization was established in 1988. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Foundation Health Services Inc employed 585 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Foundation Health 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 12/2021, Foundation Health Services Inc generated $22.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $21.7m during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE COMPREHENSIVE NURSING CARE SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OWN AND OPERATE FOUR NURSING HOMES TOTALING 292 BEDS IN VARIOUSLOCATIONS. IN 2021, THERE WERE APPROXIMATELY 72,800 RESIDENT DAYS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lockard & Williams
Health/dental/vision Ins & Other Benefit
$1,140,415
Apothecare Llc
Pharmacy Service
$552,428
Nexus Therapy Management
Therapy
$1,573,564
Us Food
Food Supply
$547,921
Mississippi Division Of Medicaid
Bed Taxes
$1,020,856
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,231,661
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$2,231,661
Total Program Service Revenue$20,428,894
Investment income $121,815
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 $22,883,719

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