University Medical Center Management Corporaton is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 2006, with $792,867,500 in FY2024 revenue. CharityIndex grades it C+, and it directs about 84% of spending to programs.
Revenue (FY2024)
$792.9M
▲ 4.3% vs prior year
Diseases median: $206K
Expenses (FY2024)
$864.5M
Net assets
-$377.4M
Employees
3,435
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 University Medical Center Management Corporaton: 84% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
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 University Medical Center Management Corporaton: 0 mo reserves · -9% margin earns a D on this criterion. See the exact thresholds →
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 University Medical Center Management Corporaton: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 University Medical Center Management Corporaton: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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University medical center new orleans will be a leading world-class academic (cont'd on sch. o) medical center and the destination of choice for exceptional healthcare. university medical center will provide exceptional patient-centered care and a world-class academic experience through advanced research, leading technology and innovation.
Patient care: umcno provides core safety net services to the new orleans region. these services include the operation of an emergency room, an hiv outpatient clinic, oncology services, mental health services, a 16 bed burn unit and a level i trauma center. in 2024, umc continued its behavioral health services with an outpatient clinic location to provide services such as addiction psych and intensive outpatient therapy for general behavioral and substance abuse. umc also provided a bariatric program that operated a weight management clinic, provided sleep disorder services, and provided outpatient dialysis services to those patients who have been involuntarily discharged from outpatient esrd facilities. umcno provides a wide range of medical services covering over 80 specialties and ambulatory (cont'd on sch. o) care in approximately 70 specialty clinics and provides free and reduced cost health care to medically indigent and uninsured patients, including medically complex and otherwise high-risk medicaid patients. it also provides medically necessary health care to the louisiana department of corrections population. the hospital has 446 licensed beds and treated 15,840 inpatients and 421,484 outpatients.
Community health services and community benefit operations provide free health education programs and screenings to the community. these programs are designed to focus on some of the most prevalent diseases in the new orleans community, such as diabetes, heart disease and cancer. these programs address prevention, early detection, treatment and maintaining healthy lifestyles. in 2024, university medical center participated in and offered numerous outreach activities, including free breast health lectures, free oncology lectures, a free skin cancer screening, and a free vascular disease screening. through the level 1 trauma center's injury prevention program, university medical center provided educational and prevention programs including sudden impact, which educates high school students on the (cont'd on sch. o) consequences of distracted and impaired driving; stop the bleed, which provides hemorrhage control training to law enforcement personnel, organizations, and community members; and child safety seat checks and car seat distribution events. additionally, university medical center is partnered with walgreens and avita drugs to dispense medications under the 340(b) pricing program to ensure patients have access to necessary pharmaceuticals that may otherwise not be available to them.
Umc donated in 2024 $410,400 to lcmc new orleans clinical services with the intention of providing working capital to allow for their healthcare activities. this donation supports umc's tax-exempt purpose and community benefits obligations and is presented as community support in the statement of operations.also in 2024, umc donated $142,134 to lcmc health clinical services d/b/a nola physicians group (nola pg) with the intention of providing working capital to nola pg to allow for their healthcare activities, specifically to provide needed services to the underserved area of new orleans east. this donation supports umc's tax-exempt purpose and community benefits obligations and is presented as community support in the statement of operations.
Revenue grew from $176.6M (FY2013) to $792.9M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-9.0%
Spent more than it raised in the latest fiscal year.
Total assets
$502.5M
Total liabilities
$880.0M
Net assets
-$377.4M
Salaries & benefits
$240.5M
28% of expenses
Board members
16
13 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $792,867,500▲4.3% | $864,472,758▲1.5% | -$377,449,658▼23.4% | $502,544,650▲13.9% | 990 |
| 2023 | $759,967,746▼6.3% | $851,513,146▲4.9% | -$305,844,400▼42.7% | $441,200,429▼12.2% | 990 |
| 2022 | $811,129,070▲2.0% | $811,799,769▲1.7% | -$214,299,000▼0.3% | $502,575,321▼2.6% | 990 |
| 2021 | $795,421,027▲1.5% | $798,584,647▲4.4% | -$213,628,301▼1.5% | $516,096,899▼5.5% | 990 |
| 2020 | $783,320,235▲7.1% | $764,912,575▲5.4% | -$210,464,681▲8.0% | $546,349,783▲8.6% | 990 |
| 2019 | $731,135,041▲8.2% | $725,719,259▲7.4% | -$228,872,341▲3.5% | $503,277,352▲6.2% | 990 |
| 2018 | $675,903,051▲40.1% | $675,912,701▲23.4% | -$237,088,123▼2.4% | $473,674,862▲14.0% | 990 |
| 2016 | $482,519,752▲14.6% | $547,917,015▲4.5% | -$231,611,886▼39.3% | $415,410,098▲3.6% | 990 |
| 2015 | $421,218,879▲18.7% | $524,414,252▲34.0% | -$166,214,623▼147% | $400,991,755▲6.6% | 990 |
| 2014 | $354,876,268▲101% | $391,358,056▲88.8% | -$67,190,999▼119% | $376,317,301▲1.2% | 990 |
| 2013 | $176,551,485 | $207,261,216▲43229% | -$30,709,209▼5883090% | $371,738,456▲841470% | 990 |
| 2012 | — | $478,338 | $522 | $44,172 | 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.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alden Mcdonald | Board Member | 1 | — |
| Allison Guste | Chief Nursing Officer | 50 | — |
| Charlotte Parent | Vp of Business Development | 50 | — |
| Christine M Bond | Chief Financial Officer | 50 | — |
| Daniel Foley | Vice Chair | 1 | — |
| Darryl Berger | Board Member | 1 | — |
| David Janz | Physician | 40 | — |
| Donald T Boysie Bollinger | Chairperson | 1 | — |
| Edward Helm Md | Board Member | 1 | — |
| Elaine D Abell | Board Member | 1 | — |
| Emily Sedgwick | Former Ceo | 50 | — |
| Erin Bujol | Physician | 40 | — |
| Gregory C Feirn | Board Member | 1 | — |
| Jack Andonie Md | Quality Committee Chair | 1 | — |
| Jaimme A Collins | Board Member | 1 | — |
| John Nickens | Ceo | 25 | — |
| Kim Servary | Crna | 40 | — |
| Lisa Miranda | Former Officer | 50 | — |
| Marcelyn Ruello | Crna | 40 | — |
| Mary Werner | Board Member | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Lsu Health Sciences Center | Gme & Other Clinical Services | $109,282,103 |
| Tulane University | Gme & Other Clinical Services | $35,715,717 |
| Van Meter Md & Associates Inc | Physician Services | $12,285,742 |
| Trimedx | Medical Equipment Management | $9,201,804 |
| Aramark Chicago Lockbox | Contracted Services - Dietary & Environm | $8,266,502 |
22 grants to University Medical Center Management Corporaton totaling $139.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $25,000 |
| Xavier University of Louisiana | — | 2023 | $60,000 |
| Cornell University | Research | 2023 | $57,983 |
| Second Harvest Food Bank of Greater New Orleans and Acadiana | To provide food assistance for persons in need | 2023 | $26,918 |
| Childrens Hospital Inc | During the year ended december 31, 2022, children's hospital donated $48,869,020 to university medical center management corporation (umcmc) with the intention of providing working capital to umcmc to support their healthcare and educational activities, specifically for uninsured and underinsured patients. this donation supports children's tax-exempt purpose and community benefit obligations and is presented as community support in the statement of operations. | 2022 | $52,649,003 |
| Touro Infirmary | During the year ended december 31, 2022, touro donated $22,926,354 to university medical center management corporation as support for the hospital's healthcare activities. | 2022 | $22,926,354 |
| Second Harvest Food Bank of Greater New Orleans and Acadiana | To provide food assistance for persons in need | 2022 | $69,767 |
| Cornell University | Research | 2022 | $57,791 |
| The Administrators of the Tulane Educational Fund | Subcontract grant award | 2022 | $34,687 |
| Childrens Hospital Inc | During the year ended december 31, 2021, children's hospital donated $9,618,214 to university medical center management corporation (umcmc) with the intention of providing working capital to umcmc to support their healthcare and educational activities, specifically for uninsured and underinsured patients. this donation supports children's tax-exempt purpose and community benefit obligations and is presented as community support in the statement of operations. | 2021 | $9,618,214 |
| Touro Infirmary | During the year ended december 31, 2021, touro donated $5,570,394 to university medical center management corporation as support for the hospital's healthcare activities. | 2021 | $5,570,394 |
| Cornell University | Research | 2021 | $57,791 |
| Xavier University of Louisiana | Research | 2021 | $45,000 |
| The Administrators of the Tulane Educational Fund | Subcontract grant award | 2021 | $37,401 |
| Second Harvest Food Bank of Greater New Orleans and Acadiana | To provide food assistance for persons in need | 2021 | $26,918 |
2 grants totaling $553K in FY2024. All grants made by University Medical Center Management Corporaton →
| Recipient | Purpose | Amount |
|---|---|---|
| New Orleans Clinical Services LLC (a Smllc of Lcmc) | In 2024, umcmc donated $410,400 to lcmc new orleans clinical services with the intention of providing working capital to allow for their healthcare activities. this donation supports touro's tax-exempt purpose and community benefits obligations and is presented as community support in the statement of operations. new orleans clinical services is a as community support in the statement of operations. new orleans clinical services is a smllc of louisiana children's medical center, a 501(c)(3) entity and the sole member of umcmc. | $410,400 |
| Lcmc Health Clinical Services DBA Nola Physician Group | In 2024, umcmc donated $142,134 to lcmc health clinical services d/b/a nola physicians group (nola pg) with the intention of providing working capital to nola pg to allow for their healthcare activities, specifically to provide needed services to the underserved area of new orleans east. this donation supports hospital's tax-exempt purpose and community benefits obligations and is presented as community support in the statement of operations. | $142,134 |
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Data for University Medical Center Management Corporaton (EIN 25-1925187) 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.