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Nonprofit · EIN 72-1006966

LAFAYETTE HEALTH VENTURES INC

Also known as ER PHYSICIANS RESOURCE GROUP

Tax-exempt · LAFAYETTE, LA 70503

Financials

$55M$103.5M2023$63.2M$117.6M2024
Revenue Expenses · by fiscal year end
Financials of LAFAYETTE HEALTH VENTURES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$63,153,979$117,556,548-$54,402,569$42,721,325$263,528,846-$220,807,521
December 31, 2023990$55,042,004$103,547,349-$48,505,345$19,210,138$185,615,090-$166,404,952
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$63,006,423
Investment income
$5,450
Net gain from sales of assets
$5,450
Net income from sales of inventory
-$4,720
Other revenue
$142,106

Expenses

Grants and similar amounts paid
$10,050
Other salaries and wages
$84,828,903
Salaries, compensation and benefits (total)
$93,766,925
Professional fundraising fees
$0
Legal fees
$95,048
Occupancy
$2,127,469
Travel
$40,080
Depreciation
$413,448
Program services (functional)
$112,624,646
Management and general (functional)
$4,931,902

Balance sheet and other

Total assets, start of year
$19,210,138
Total assets, end of year
$42,721,325
Total liabilities, end of year
$263,528,846
Net assets, end of year
-$220,807,521
Land, buildings and equipment
$1,940,453
Net assets without donor restrictions
-$220,807,521
Gross unrelated business income
-$4,720
Gross receipts
$63,164,718
Employees
0
Volunteers
0
Year formed
1984
State of legal domicile
LA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MOHAMAD A ALLAMFORMER HIGHEST COMPENSATED
Former
0$0$3,197,542$36,440
BRIAN E ETIER JRFORMER HIGHEST COMPENSATED
Former
0$0$1,299,715$36,456
PATRICK W GANDYBOARD MEMBER/CHAIR
Trustee or director, Officer
1$0$1,109,496$109,051
PAUL BUZHARDTFORMER HIGHEST COMPENSATED
Former
0$0$1,145,341$35,890
EDWARD YERGERFORMER HIGHEST COMPENSATED
Former
0$0$1,076,882$33,156
DAVID L CALLECODFORMER BOARD MEMBER
Former
0$0$919,789$2,213
MICHAEL S CAIN MDBOARD MEMBER/EMPLOYED PHYSICIAN
Trustee or director
1$0$882,658$33,019
ROGER MATTKEBOARD MEMBER - NON VOTING
Trustee or director
1$0$691,835$77,561
AL J PATINFORMER BOARD MEMBER
Former
0$0$681,355$59,485
VICTOR E TEDESCOFORMER HIGHEST COMPENSATED
Former
0$0$481,975$10,639
MICHAEL ALEXANDER MDBOARD MEMBER/EMPLOYED PHYSICIAN
Trustee or director
1$0$380,897$31,975
KIMBERLY H DOOLEYCHIEF ADMINISTRATIVE OFFICER/BOARD MEMBER - NON VO
Trustee or director, Officer
1$0$366,123$29,350
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
VICTOR E TEDESCOFORMER HIGHEST COMPENSATED
Former
0$0$3,705,388$2,124,166
EDWARD YERGERFORMER HIGHEST COMPENSATED
Former
0$0$2,490,432$1,557,826
MOHAMAD A ALLAMFORMER HIGHEST COMPENSATED
Former
0$0$1,298,500$176,081
BRIAN E ETIER JRFORMER HIGHEST COMPENSATED
Former
0$0$1,183,426$32,465
PATRICK W GANDYBOARD MEMBER/CHAIR
Trustee or director, Officer
1$0$999,885$101,516
PAUL BUZHARDTFORMER HIGHEST COMPENSATED
Former
0$0$1,051,057$31,931
DAVID L CALLECODFORMER BOARD MEMBER
Former
0$0$931,604$0
MICHAEL S CAIN MDBOARD MEMBER/EMPLOYED PHYSICIAN
Trustee or director
1$0$879,668$28,292
ROGER MATTKEBOARD MEMBER - NON VOTING
Trustee or director
1$0$658,205$72,502
AL J PATINFORMER BOARD MEMBER
Former
0$0$626,587$56,713
MICHAEL ALEXANDER MDBOARD MEMBER/EMPLOYED PHYSICIAN
Trustee or director
1$0$375,779$28,423
KIMBERLY H DOOLEYCHIEF ADMINISTRATIVE OFFICER/BOARD MEMBER - NON VO
Trustee or director
1$0$348,649$18,968

Address and contacts

Address (IRS master file)
1211 COOLIDGE STREET, LAFAYETTE, LA 70503-2636
In care of
% VANESSA BOUDREAUX
Principal officer (990 for 2024)
KIM DOOLEY, 115 AUDUBON BLVD, LAFAYETTE, LA 70503
Signed the 990
JIM MOLLOY, OCF EVP, CFO, TREASURER
Phone
(337) 289-8951
Return prepared by
HORNE LLP

Mission

LHVI'S MISSION IS THAT WE "SHALL OPERATE BUSINESSES THAT RETURN VALUE IN SUPPORT OF THAT MISSION OF LAFAYETTE GENERAL MEDICAL CENTER."

990 for the year ended December 31, 2024

Program accomplishments

  • LHVI'S PROGRAM SERVICE IS AS A COMMUNITY MEDICAL CARE PROVIDER. LHVI OPERATES BUSINESSES THAT RETURN VALUE IN SUPPORT OF THE MISSION OF LAFAYETTE GENERAL MEDICAL CENTER, A NON-PROFIT HOSPITAL. LHVI HAS THE FOLLOWING SERVICE LINES: FAMILY MEDICINE, HEMATOLOGY/ONCOLOGY, INTERNAL MEDICINE, INTERVENTIONAL CARDIOLOGY, NEUROLOGY SERVICES, NEUROSURGERY, RADIATION ONCOLOGY, ORTHOPEADICS, TELEMEDICINE, AND URGENT CARE CLINICS. THROUGH THE PRACTICE OF THESE SERVICE LINES WE HELP TO RESTORE, MAINTAIN, AND IMPROVE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES THAT WE SERVE; THIS IS LGMC'S MISSION WHICH WE FULLY SUPPORT.LHVI MAINTAINS A PROACTIVE APPROACH TO EDUCATION AND WELLNESS IN OUR COMMUNITY. ANNUALLY, LHVI PROVIDES SEVERAL EDUCATIONAL SEMINARS AIMED AT EDUCATING THE PUBLIC ON PREVENTATIVE CARE AND MAINTAINING A HEALTHY LIFESTYLE. SOME OF THESE ACTIVITIES INCLUDE: VOLUNTEERING FOR THE ZYDECO MARATHON, HELD COVID TESTING CLINICS (AS WELL AS FLU), AND HELPED STAFF THE COVID VACCINE CLINICS.
    Expenses $112,624,646 · grants $10,050 · revenue $63,006,423

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
72-1006966
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E21)
Assets (IRS master file)
$42,721,325
Income (IRS master file)
$63,164,718

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$63,153,979$117,556,548$42,721,325IRS
990-TDecember 2024–––IRS
990December 2023$55,042,004$103,547,349$19,210,138XML
990-TDecember 2023–––IRS
990December 2022$44,754,958$93,005,461$16,411,956IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 72-1006966).

Questions about LAFAYETTE HEALTH VENTURES INC

What is the EIN of LAFAYETTE HEALTH VENTURES INC?
The employer identification number (EIN) of LAFAYETTE HEALTH VENTURES INC is 72-1006966.
Is LAFAYETTE HEALTH VENTURES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to LAFAYETTE HEALTH VENTURES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does LAFAYETTE HEALTH VENTURES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LAFAYETTE HEALTH VENTURES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAFAYETTE HEALTH VENTURES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LAFAYETTE HEALTH VENTURES INC?
The 990 for the year ended December 31, 2024 names KIM DOOLEY.
Who are the officers and directors of LAFAYETTE HEALTH VENTURES INC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does LAFAYETTE HEALTH VENTURES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $63,153,979, expenses of $117,556,548 and total assets of $42,721,325 at year end.

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