Lafayette General Medical Center Inc
95% goes to programs Strong reserves Growing revenue
Lafayette General Medical Center Inc is a 501(c)(3) organization based in Lafayette, Louisiana, registered in 1961, with $734,876,253 in FY2024 revenue. CharityIndex grades it A+, and it directs about 95% of spending to programs.
1214 Coolidge Blvd, Lafayette, LA, 70503 EIN 72-0535375 Since 1961
Revenue (FY2024)
$734.9M
▲ 7.8% vs prior year
Health median: $840K
Expenses (FY2024)
$683.6M
Net assets
$712.4M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating95% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Lafayette General Medical Center Inc: 95% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating13 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lafayette General Medical Center Inc: 13 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Lafayette General Medical Center Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lafayette General Medical Center Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To restore, maintain, and improve health of the people in the communities we serve.
Contact & location
- Address
- 1214 Coolidge Blvd, Lafayette, LA, 70503
- City
- Lafayette
- State
- Louisiana
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $377.6M (FY2013) to $734.9M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $38.2MNet assets $712.4M
Operating margin
7.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$750.6M
Total liabilities
$38.2M
Net assets
$712.4M
Salaries & benefits
$262.9M
38% of expenses
Board members
20
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $734,876,253▲7.8% | $683,573,597▲8.1% | $712,356,461▲7.8% | $750,565,227▲5.9% | 990 |
| 2023 | $681,873,436▲21.7% | $632,536,734▲10.7% | $661,053,805▲8.0% | $709,029,379▲4.0% | 990 |
| 2022 | $560,211,832▼4.9% | $571,495,657▲10.2% | $612,178,288▼1.8% | $682,046,797▼7.9% | 990 |
| 2021 | $589,213,594▲298% | $518,560,547▲294% | $623,462,113▲12.8% | $740,241,066▲8.8% | 990 |
| 2020 | $148,104,220▼73.5% | $131,561,242▼74.4% | $552,809,066▲15.5% | $680,580,313▲31.6% | 990 |
| 2018 | $559,007,569▲7.5% | $514,506,654▲7.6% | $478,664,301▲6.5% | $517,217,270▲8.5% | 990 |
| 2017 | $519,978,331▼1.9% | $478,260,319▼2.0% | $449,438,400▲11.2% | $476,500,487▲8.6% | 990 |
| 2016 | $530,306,041▼0.9% | $487,859,481▲0.4% | $404,294,612▲12.1% | $438,930,193▲10.5% | 990 |
| 2015 | $535,321,814▲19.2% | $485,791,443▲25.6% | $360,536,420▲16.4% | $397,218,835▲0.3% | 990 |
| 2014 | $448,929,089▲18.9% | $386,855,784▲20.9% | $309,804,198▲21.5% | $395,964,202▲25.5% | 990 |
| 2013 | $377,615,525 | $320,000,699▼10.8% | $254,971,940▲30.1% | $315,475,291▼25.9% | 990 |
| 2012 | — | $358,903,881▲17.9% | $195,982,746▲2.4% | $425,656,546▲14.3% | 990 |
| 2011 | — | $304,444,631▲49.0% | $191,466,854▲7.9% | $372,408,831▲10.8% | 990 |
| 2010 | — | $204,368,393▲6.8% | $177,483,454▲2.5% | $336,016,610▲1.2% | 990 |
| 2009 | — | $191,361,861 | $173,156,474 | $332,063,015 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Al J Patin | Evp - Ceo Lgmc | 0 | — |
| Casey Hoyt | Trustee | 1 | — |
| Chris Rader | Trustee | 1 | — |
| Clay Allen | Emeritus Trustee Non-voting | 1 | — |
| Corey Jack | Trustee (begin 2/2024) | 1 | — |
| Damon E Patterson | Former Highest Compensated | 0 | — |
| David L Callecod | Former Officer and Trustee | 0 | — |
| David Wilson | Trustee | 1 | — |
| Edward Yerger | Trustee | 1 | — |
| Frank Walker | Trustee & Treasurer | 1 | — |
| Jamie Joseph Md | Former Highest Compensated | 0 | — |
| Jared S Quoyeser | Trustee & Chairman | 1 | — |
| Jason A Breaux Md | Former Highest Compensated | 0 | — |
| Jennifer East | Trustee (begin 2/2024) | 1 | — |
| Jennifer Jackson Edd | Trustee (end 1/2024) | 1 | — |
| Jerry Vascocu | Trustee | 1 | — |
| Julie Broussard Md | Chief of Staff, Trustee (end 12/2024) | 1 | — |
| Kim L Hebert | Chief Financial Officer - Lgmc | 0 | — |
| Mary Ellen Henry | Trustee & Secretary | 1 | — |
| Matthew Block | Trustee (begin 3/2024) | 1 | — |
Top vendors & contractors (FY2021)
| Contractor | Services | Paid |
|---|---|---|
| Gifted Nurses LLC | Nursing Services | $8,863,264 |
| Acadiana Radiation Therapy LLC | Radiation Therapy | $7,851,704 |
| Cardiovascular Institute of the South | Cardiology Services | $4,769,375 |
| Advantage Medical Professional | Therapy Services | $4,578,360 |
| Vermilion Emergency Group LLC | Emergency Medical Service | $4,181,911 |
Grants received · $124K total
5 grants to Lafayette General Medical Center Inc totaling $124K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Arkansas Elder Outreach of Little Rock Inc | To further the organization's exempt purpose | 2024 | $35,000 |
| Arkansas Elder Outreach of Little Rock Inc | To further the organization's exempt purpose | 2023 | $35,000 |
| American Cancer Society Inc | Transportation assistance | 2020 | $15,000 |
| Lafayette General Health System Inc | Donation | 2018 | $23,786 |
| The Greater New Orleans Foundation | Health | 2015 | $15,000 |
Grants made · $210K in FY2024
6 grants totaling $210K in FY2024. All grants made by Lafayette General Medical Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Lafayette Youth Soccer Association Inc | General assistance | $65,000 |
| Church of the Ascension | General assistance | $50,000 |
| Notre Dame High School | General assistance | $30,000 |
| Miles Perret Center Cancer Services For Acadiana | General assistance | $25,000 |
| American Cancer Society Inc | General assistance | $25,000 |
| Nermilion Parish School Board | General assistance | $15,000 |
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Compare Lafayette General Medical Center Inc
Frequently asked questions
- Is Lafayette General Medical Center Inc a legitimate nonprofit?
- Yes. Lafayette General Medical Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-0535375, based in Lafayette, Louisiana. Donations are tax-deductible.
- What is Lafayette General Medical Center Inc's EIN?
- Lafayette General Medical Center Inc's Employer Identification Number (EIN) is 72-0535375.
- How much revenue does Lafayette General Medical Center Inc report?
- Lafayette General Medical Center Inc reported $734,876,253 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Lafayette General Medical Center Inc's spending goes to programs?
- Lafayette General Medical Center Inc spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Lafayette General Medical Center Inc have?
- CharityIndex grades Lafayette General Medical Center Inc A+, based on program efficiency and fundraising cost.
- How much does Lafayette General Medical Center Inc's highest-paid employee make?
- The highest reported compensation on Lafayette General Medical Center Inc's latest Form 990 is $0, paid to Al J Patin (Evp - Ceo Lgmc).
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Data for Lafayette General Medical Center Inc (EIN 72-0535375) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.