Our Lady of Lourdes Regional Medical Center

Legal name: Our Lady of Lourdes Regional Medical Center Inc

Nonprofit profile at a glance

EIN
720423635
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Baton Rouge, LA, US
Phone
2259232701
Rating
68
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Hospital, General

Official website

Reported finances

Revenue
$692,798,699
Expenses
$594,111,531
Assets
$966,565,246
Liabilities
$537,457,449

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

30 people listed

Executive titles in this filing

  • Stephanie Manson (Market President)

Highest reported compensation

  • Robert DeWitt MD (Physician): $2,005,364 total reported compensation
  • Hunter Richardson (Board Member/EVP, CAO - FMOLHS): $1,944,829 total reported compensation
  • Michael Gleason (Chief Financial Officer - FMOLHS): $1,761,293 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Inspired by the vision of St. Francis of Assisi and the tradition of the Roman Catholic Church, we extend the healing ministry of Jesus Christ to God’s people, especially those most in need. We call forth all who serve in this healthcare ministry to share their gifts and talents to create a Spirit of Healing — with reverence and love for all of life, with joyfulness of spirit, and with humility and justice for all those entrusted to our care. We are, with God’s help, a healing and spiritual presence for each other and for the communities we are privileged to serve.

What it reported doing in 2024

Our lady of lourdes regional medical center provides quality hospital and medical services primarily to residents of south Louisiana. The medical center is an active, caring member of the communities it serves. In carrying out its mission of meeting the healthcare needs of the people of god, the medical center has established a policy under which it provides care to needy members of its communities. The medical center provided services for 99,841 patient days, 354 licensed beds, 20,143 inpatient discharges, and 101,560 emergency room visits in the year ended june 30, 2025. See schedule o for further explanation.

Operating model

Revenue model
Other-operating. 99% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 63
  • Accountability: 78
  • Sustainability: 66
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.7%; rating input score 68
  • Program expense ratio: 78.3%; rating input score 78
  • Fundraising efficiency: $1.65 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 26.4%; rating input score 26; 8th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 70.6%; rating input score 71; 21st percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 14.2%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 1.63; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: 0.56; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 1.5%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 10.1% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 10.2% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 6.6% per year; rating input score 100; 48th percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 67.7% of revenue deployed · 78.3% of spending went to programs
  • Governance: 12 of 17 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $465M in reported program spending
  • Leadership: top reported pay $2M · 30 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $78.7M reported
  • Consistency: 35 of 36 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 16 filed money-flow records
  • Related organizations: 40 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • High — Transparency & Controls: Grant itemization coverage scored 26/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.