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Nonprofit · EIN 72-1402222

LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT

Tax-exempt · SHREVEPORT, LA 71103

Financials

$19.4M$10.4M2022$19.4M$9.2M2023$14.3M$8.3M2024
Revenue Expenses · by fiscal year end
Financials of LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$14,316,771$8,315,367$6,001,404$334,071,590$101,242,608$232,828,982
June 30, 2024990$19,441,733$9,204,973$10,236,760$311,783,590$94,634,336$217,149,254
June 30, 2023990$19,436,125$10,385,139$9,050,986$288,860,046$91,047,469$197,812,577
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,792,418
Program service revenue
$0
Investment income
$9,778,897
Net gain from sales of assets
$383,171
Net income from fundraising events
-$198,917
Other revenue
$745,456

Expenses

Grants and similar amounts paid
$6,009,117
Compensation of officers, directors and key employees
$396,440
Salaries, compensation and benefits (total)
$1,465,775
Professional fundraising fees
$0
Legal fees
$952
Accounting fees
$68,493
Occupancy
$71,418
Travel
$4,224
Program services (functional)
$6,009,117
Management and general (functional)
$805,045
Fundraising (functional)
$1,501,205

Balance sheet and other

Total assets, start of year
$311,783,590
Total assets, end of year
$334,071,590
Total liabilities, end of year
$101,242,608
Net assets, end of year
$232,828,982
Land, buildings and equipment
$5,477
Publicly traded securities
$303,252,115
Net assets without donor restrictions
$33,157,032
Net assets with donor restrictions
$199,671,950
Gross receipts
$38,214,405
Employees
12
Volunteers
25
Year formed
1997
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KEVIN FLOODPRESIDENT & CEO
Officer
40$191,479$18,340
BRIGETTE ROSEEXECUTIVE VP & CFO
Officer
40$175,046$16,939
JESSE GILMOREVP OF DEVELOPMENT
Highest-paid employee
40$126,846$15,044
DAVID ABDEHOUDIRECTOR
Trustee or director
2$0$0
LEE ABRAHAM IIIDIRECTOR
Trustee or director
2$0$0
SHANE BRIDGESDIRECTOR/PROPERTY CHAIR
Trustee or director
2$0$0
BILL COMEGYS IIIBOARD CHAIR
Trustee or director, Officer
6$0$0
MICHAEL BUSADADIRECTOR
Trustee or director
2$0$0
MARK GARRETTDIRECTOR
Trustee or director
2$0$0
NANCY GERMANYDIRECTOR
Trustee or director
2$0$0
PATRICK HARRISONDIRECTOR
Trustee or director
2$0$0
JAMES HOBLEYDIRECTOR
Trustee or director
2$0$0
JERRY JONESDIRECTOR
Trustee or director
2$0$0
ROB KING IIIDIRECTOR
Trustee or director
2$0$0
RAY LASSEIGNETREASURER/FINANCE CHAIR
Trustee or director, Officer
2$0$0
9 more people on this return
NameTitleHours / weekCompensation
DENNIS O'CALLAGHANDIRECTOR
Trustee or director
2$0
ASHLEY PRINCEDIRECTOR
Trustee or director
2$0
BUBBA RASBERRYDIRECTOR/GOVERNANCE CHAIR
Trustee or director
2$0
JOHN EVANSDIRECTOR
Trustee or director
2$0
VALARIE JAMISONSECRETARY/AUDIT CHAIR
Trustee or director, Officer
2$0
TOM OSTENDORFF IIIIMMEDIATE PAST CHAIR
Trustee or director, Officer
6$0
SUSAN MOFFITTVICE CHAIR/DEVELOPMENT COMMI
Trustee or director, Officer
2$0
ARMAND ROOSDIRECTOR/INVESTMENT CHAIR
Trustee or director
2$0
DONALD POSNERDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2024: 24 people
NameTitleHours / weekCompensationOther / benefits
KEVIN FLOODPRESIDENT & CEO
Officer
40$179,556$17,484
BRIGETTE ROSEEXECUTIVE VP & CFO
Officer
40$164,697$16,174
JESSE GILMOREVP OF DEVELOPMENT
Highest-paid employee
40$119,325$14,314
DAVID ABDEHOUDIRECTOR
Trustee or director
2$0$0
LEE ABRAHAM IIIDIRECTOR
Trustee or director
2$0$0
SHANE BRIDGESDIRECTOR/PROPERTY CHAIR
Trustee or director
2$0$0
BILL COMEGYS IIIVICE CHAIR/INVESTMENT CHAI
Trustee or director, Officer
2$0$0
MICHAEL BUSADADIRECTOR
Trustee or director
2$0$0
MARK GARRETTDIRECTOR
Trustee or director
2$0$0
NANCY GERMANYDIRECTOR/ALUMNI COUNCIL CH
Trustee or director
2$0$0
PATRICK HARRISONDIRECTOR
Trustee or director
2$0$0
JAMES HOBLEYDIRECTOR
Trustee or director
2$0$0
JERRY JONESDIRECTOR
Trustee or director
2$0$0
ROB KING IIIDIRECTOR
Trustee or director
2$0$0
RAY LASSEIGNETREASURER/FINANCE CHAIR
Trustee or director, Officer
2$0$0
DENNIS O'CALLAGHANDIRECTOR
Trustee or director
2$0$0
ASHLEY PRINCEDIRECTOR
Trustee or director
2$0$0
BUBBA RASBERRYDIRECTOR/GOVERNANCE CHAIR
Trustee or director
2$0$0
JOHN EVANSDIRECTOR
Trustee or director
2$0$0
VALARIE JAMISONSECRETARY/AUDIT CHAIR
Trustee or director, Officer
2$0$0
TOM OSTENDORFF IIIBOARD CHAIR
Trustee or director, Officer
6$0$0
SUSAN MOFFITTDIRECTOR/DEVELOPMENT COMMI
Trustee or director
2$0$0
ARMAND ROOSIMMEDIATE PAST CHAIR
Trustee or director, Officer
6$0$0
DONALD POSNERDIRECTOR
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
KEVIN FLOODPRESIDENT & CEO
Officer
40$168,766$15,968
BRIGETTE ROSEEXECTUIVE VP & CFO
Officer
40$154,290$14,750
JESSE GILMOREVP OF DEVELOPMENT
Highest-paid employee
40$111,414$12,989
DAVID ABDEHOUDIRECTOR
Trustee or director
2$0$0
LEE ABRAHAM IIIDIRECTOR
Trustee or director
2$0$0
SHANE BRIDGESDIRECTOR/PROPERTY CHAIR
Trustee or director
2$0$0
BILL COMEGYS IIIVICE CHAIR/INVESTMENT CHAIR
Trustee or director, Officer
2$0$0
MICHAEL BUSADADIRECTOR
Trustee or director
2$0$0
MARK GARRETTDIRECTOR
Trustee or director
2$0$0
NANCY GERMANYDIRECTOR/ALUMNI COUNCIL CH
Trustee or director
2$0$0
PATRICK HARRISONDIRECTOR
Trustee or director
2$0$0
JAMES HOBLEYDIRECTOR
Trustee or director
2$0$0
JERRY JONESDIRECTOR
Trustee or director
2$0$0
ROB KING IIIDIRECTOR
Trustee or director
2$0$0
RAY LASSEIGNETREASURER/FINANCE CHAIR
Trustee or director, Officer
2$0$0
DENNIS O'CALLAGHANDIRECTOR
Trustee or director
2$0$0
ASHLEY PRINCEDIRECTOR
Trustee or director
2$0$0
BUBBA RASBERRYDIRECTOR/GOVERNANCE CHAIR
Trustee or director
2$0$0
JOHN EVANSDIRECTOR
Trustee or director
2$0$0
VALARIE JAMISONSECRETARY/AUDIT CHAIR
Trustee or director, Officer
2$0$0
TOM OSTENDORFF IIIBOARD CHAIR
Trustee or director, Officer
6$0$0
SUSAN MOFFITTDIRECTOR/DEVELOPMENT COMMITTEE CHAIR
Trustee or director
2$0$0
ARMAND ROOSIMMEDIATE PAST CHAIR
Trustee or director, Officer
6$0$0
DONALD POSNERDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1501 KINGS HIGHWAY BOX 105 AHB, SHREVEPORT, LA 71103-4228
Principal officer (990 for 2024)
KEVIN FLOOD, 920 PIERREMONT RD 506, SHREVEPORT, LA 71106
Signed the 990
KEVIN FLOOD, CEO
Phone
(318) 861-0855
Return prepared by
HEARD MCELROY & VESTAL LLC

Mission

THE SOLE MISSION OF THE FOUNDATION IS TO SUPPORT, ENHANCE AND ASSIST THE LSU HEALTH SCIENCES CENTER AT SHREVEPORT IN ITS MANY ENDEAVORS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE SOLE MISSION OF THE LSU HEALTH SCIENCES FOUNDATION IS TO SUPPORT, ENHANCE AND ASSIST THE LSU MEDICAL CENTER IN SHREVEPORT. THE FOUNDATION WILL ACCOMPLISH THIS MISSION BY:1) EXPANDING THE AWARENESS OF THE MEDICAL CENTER'S MANY CONTRIBUTIONS TO MEDICAL RESEARCH, EDUCATION OF MEDICAL PROFESSIONS AND QUALITY HEALTH CARE.2) DEVELOPING AND ENHANCING FINANCIAL SUPPORT FOR THE ENDEAVORS OF THE MEDICAL CENTER IN SHREVEPORT.3) PROVIDING THE MEANS THROUGH WHICH FINANCIAL SUPPORT IS RECEIVED AND ADMINISTERED.
    Expenses $6,009,117 · grants $6,009,117

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
72-1402222
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$334,071,590
Income (IRS master file)
$38,214,405

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$14,316,771$8,315,367$334,071,590IRS
990June 2024$19,441,733$9,204,973$311,783,590IRS
990June 2023$19,436,125$10,385,139$288,860,046XML
990June 2022$11,743,339$21,750,236$270,688,271IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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 72-1402222).

Questions about LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT

What is the EIN of LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT?
The employer identification number (EIN) of LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT is 72-1402222.
Is LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT 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 LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT?
The 990 for the year ended June 30, 2025 names KEVIN FLOOD.
Who are the officers and directors of LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT?
The 990 for the year ended June 30, 2025 lists 24 people; 3 received compensation from the organization, the highest $191,479 (KEVIN FLOOD, PRESIDENT & CEO).
How much revenue does LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT have?
On its 990 for the year ended June 30, 2025 it reported revenue of $14,316,771, expenses of $8,315,367 and total assets of $334,071,590 at year end.

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