Nonprofit · EIN 92-1862183
LOU MED INC
Tax-exempt · LOUISVILLE, KY 40202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $6,123,713 | $1,683,837 | $4,439,876 | $6,175,695 | $0 | $6,175,695 |
| December 31, 2024 | 990 | $3,578,973 | $1,715,889 | $1,863,084 | $1,785,890 | $50,243 | $1,735,647 |
| December 31, 2023 | 990 | $1,116,562 | $1,293,999 | -$177,437 | $207,891 | $385,328 | -$177,437 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,497,363
- of which government grants
- $4,183,665
- Program service revenue
- $1,608,200
- Investment income
- $18,150
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $220,307
- Other salaries and wages
- $69,048
- Salaries, compensation and benefits (total)
- $313,698
- Professional fundraising fees
- $0
- Legal fees
- $30,446
- Accounting fees
- $43,500
- Travel
- $20,690
- Program services (functional)
- $1,565,153
- Management and general (functional)
- $118,684
Balance sheet and other
- Total assets, start of year
- $1,785,890
- Total assets, end of year
- $6,175,695
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,175,695
- Land, buildings and equipment
- $3,895,818
- Net assets without donor restrictions
- $6,175,695
- Gross receipts
- $6,123,713
- Employees
- 0
- Volunteers
- 9
- Year formed
- 2023
- State of legal domicile
- KY
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NADARECA THIBEAUX | EXECUTIVE DIRECTOR Officer | 40 | $183,394 | $36,913 |
| KEN MARSHALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY DRYDEN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MATT AYERS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOHN WALSH | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DIANE SCARDINO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW MCCARTHY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY BUMPOUS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAMELA TURNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TY HANDY | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NADARECA THIBEAUX | EXECUTIVE DIRECTOR Officer | 40 | $175,134 | $33,651 |
| KEN MARSHALL | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| GARY DRYDEN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MATT AYERS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOHN WALSCH | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DIANE SCARDINO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW MCCARTHY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY BUMPOUS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAMELA TURNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TY HANDY | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NADARECA THIBEAUX | EXECUTIVE DIRECTOR Officer | 40 | $154,599 | $21,687 |
| KEN MARSHALL | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| GARY DRYDEN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MATT AYERS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PAMELA TURNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RIGGS LEWIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW MCCARTHY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY BUMPOUS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN WALSCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TY HANDY | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 234 E GRAY STREET SUITE 235, LOUISVILLE, KY 40202-1900
- In care of
- % PAMELA TURNER
- Principal officer (990 for 2025)
- NADARECA THIBEAUX, 234 E GRAY STREET SUITE 235, LOUISVILLE, KY 40202
- Signed the 990
- NADARECA THIBEAUX, EXECUTIVE DIRECTOR
- Phone
- (502) 629-5290
- Return prepared by
- DEMING MALONE LIVESAY & OSTROFF PSC
Mission
TO CREATE A WORLD-CLASS MEDICAL EDUCATION DISTRICT THAT IS SAFE, CLEAN, INNOVATIVE, AND COLLABORATIVE.
Program accomplishments
- THE LOUISVILLE MEDICAL AND EDUCATIONAL DISTRICT IS HOME TO FOUR INTERCONNECTED INSTITUTIONS: JEFFERSON COMMUNITY & TECHNICAL COLLEGE, NORTON HEALTHCARE, UNIVERSITY OF LOUISVILLE HEALTH SCIENCES CENTER, AND UOFL HEALTH. THE DISTRICT IS COMPRISED OF 22 CITY BLOCKS, 250 ACRES, 9.6 MILLION SQUARE FEET OF OCCUPIED SPACE IN DOWNTOWN LOUISVILLE, ATTRACTS OVER 1.5 MILLION VISITORS PER YEAR, AND EMPLOYS OVER 16,000 INDIVIDUALS. LOUMED INC SEEKS TO BUILD A WORLD CLASS MEDICAL AND EDUCATION DISTRICT. PROGRAMS AND STRATEGIC ACTIONS INCLUDE URBAN REVITALIZATION, IMPROVING COMMUNITY SPACE, IMPACTING ECONOMIC DEVELOPMENT, AND UTILIZING AN AMBASSADOR PROGRAM.Expenses $1,565,153 · revenue $1,608,200
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 92-1862183
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $6,175,695
- Income (IRS master file)
- $6,123,713
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $6,123,713 | $1,683,837 | $6,175,695 | XML |
| 990 | December 2024 | $3,578,973 | $1,715,889 | $1,785,890 | XML |
| 990 | December 2023 | $1,116,562 | $1,293,999 | $207,891 | XML |
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 92-1862183).
Questions about LOU MED INC
- What is the EIN of LOU MED INC?
- The employer identification number (EIN) of LOU MED INC is 92-1862183.
- Is LOU MED INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2023.
- Are donations to LOU MED INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LOU MED 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 LOU MED INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOU MED INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LOU MED INC?
- The 990 for the year ended December 31, 2025 names NADARECA THIBEAUX.
- Who are the officers and directors of LOU MED INC?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $183,394 (NADARECA THIBEAUX, EXECUTIVE DIRECTOR).
- How much revenue does LOU MED INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $6,123,713, expenses of $1,683,837 and total assets of $6,175,695 at year end.
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All nonprofits in LOUISVILLE · Kentucky · Community improvement and capacity building