2024-05-14T12:14:20-05:00 2023-06-30 720398470 HEARD MCELROY & VESTAL LLC 333 TEXAS STREET SUITE 1525 SHREVEPORT LA 71101 990 2022-07-01 462032249 LSU HEALTH SCIENCES BUILDING FOUNDATION IN SHREVEPORT LSUH 3188610855 920 PIERREMONT RD 506 SHREVEPORT LA 71106 KEVIN FLOOD CEO 3188610855 2024-04-24 1 KEVIN FLOOD 999009999 0 AIMEE P MCFARLAND P01492592 3184291525 2024-04-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KEVIN FLOOD 920 PIERREMONT RD 506 SHREVEPORT LA 71106 144675 0 X WWW.LSUHSFOUNDATION.ORG X 2003 LA OUR MISSION IS TO INSPIRE DONORS TO INVEST IN LSU HEALTH SHREVEPORT AND STEWARD CONTRIBUTIONS TOWARD ITS SUPPORT. THE FOUNDATION WILL ACQUIRE, HOLD, ENCUMBER, IMPROVE, LEASE, DONATE AND/OR SELL REAL PROPERTY ON BEHALF OF THE RELATED ORGANIZATION, THE LSU HEALTH SCIENCES FOUNDATION. ALL SUCH REAL PROPERTY SHALL BE FOR THE SOLE USE OF THE LOUISIANA STATE UNIVERSITY HEALTH SCIENCES CENTER AT SHREVEPORT. 21 21 0 21 0 0 0 0 0 0 0 0 -20530 -11147 -20530 -11147 0 259082 0 0 0 0 0 0 0 0 0 0 259082 -20530 -270229 4718415 4466925 6974964 6993702 -2256549 -2526777 ALL FUNCTIONS OF THE FOUNDATION ARE DEDICATED TO SUPPORTING LSU HEALTH SCIENCES CENTER AT SHREVEPORT. 0 0 259082 259082 THE LSU HEALTH SCIENCES BUILDING FOUNDATION HOLDS PROPERTY IN ORDER TO PRESERVE DONOR FUNDS FOR THE BENEFIT OF LSU HEALTH SCIENCES CENTER. 259082 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 3188610855 920 PIERREMONT ROAD SUITE 506 SHREVEPORT LA 71106 LEE ABRAHAM III MD DIRECTOR 0.50 2.00 X 0 0 0 DAVID ABDEHOU DIRECTOR 0.50 2.00 X 0 0 0 MICHAEL BUSADA DIRECTOR 0.50 2.00 X 0 0 0 PATRICK HARRISON DIRECTOR 0.50 2.00 X 0 0 0 JAMES HOBLEY MD DIRECTOR 0.50 2.00 X 0 0 0 JERRY JONES DIRECTOR 0.50 2.00 X 0 0 0 ROB KING III DIRECTOR 0.50 2.00 X 0 0 0 BILL COMEGYS VICE CHAIR/INVESTMENT CHAIR 0.50 2.00 X X 0 0 0 RAY LASSEIGNE TREASURER/FINANCE CHAIR 0.50 2.00 X X 0 0 0 ASHLEY PRINCE DIRECTOR 0.50 2.00 X 0 0 0 NANCY GERMANY DIRECTOR 0.50 2.00 X 0 0 0 BUBBA RASBERRY DIRECTOR/GOVERNANCE CHAIR 0.50 2.00 X 0 0 0 SHANE BRIDGES DIRECTOR/PROPERTY CHAIR 0.50 2.00 X 0 0 0 MARK GARRETT DIRECTOR 0.50 2.00 X 0 0 0 DENNIS O'CALLAGHAN DIRECTOR 0.50 2.00 X 0 0 0 VALARIE JAMISON SECRETARY/AUDIT CHAIR 0.50 2.00 X X 0 0 0 JOHN EVANS DIRECTOR 0.50 2.00 X 0 0 0 TOM OSTENDORFF III BOARD CHAIR 0.50 2.00 X X 0 0 0 SUSAN MOFFIT DIRECTOR/DEVELOPMENT COMMITTEE CHAIR 0.50 2.00 X 0 0 0 ARMAND ROOS IMMEDIATE PAST CHAIR 0.50 2.00 X X 0 0 0 DONALD POSNER DIRECTOR 0.50 2.00 X 0 0 0 KEVIN FLOOD PRESIDENT & CEO 0.50 40.00 X 0 168766 15968 BRIGETTE ROSE CFO 0.50 40.00 X 0 154290 14750 0 323056 30718 0 0 1 0 0 144675 155822 -11147 -11147 -11147 -11147 -11147 0 0 259082 259082 259082 259082 0 0 309878 282182 460 460 512 424 5052436 868670 4407472 4183766 93 93 4718415 4466925 3209 4549 6971755 6989153 6974964 6993702 X -2256549 -2526777 -2256549 -2526777 4718415 4466925 X -270229 1 X 0 1 X 1 0 X X 1 LSU HEALTH SCIENCES CENTER SHREVEPORT 720702002 3 1 0 259082 1 0 259082 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION B, QUESTION 1 THERE IS AN AFFILIATION AGREEMENT BETWEEN THE FOUNDATION AND THE LSU BOARD OF SUPERVISORS, WHICH DEFINES AND GOVERNS RESPONSIBILITIES AND AUTHORITIES. 3768089 3768089 1284347 868670 415677 4183766 DUE TO LSUHSF 6989153 6989153 X PART X, LINE 2: THE LSU HEALTH SCIENCES FOUNDATION IN SHREVEPORT, THE LSU HEALTH SCIENCES BUILDING FOUNDATION IN SHREVEPORT, AND THE LOUISIANA STRATEGIC RESEARCH INITIATIVE QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEEMNTS, BUT THE FOUNDATION, BUILDING FOUNDATION AND LSRI ARE REQUIRED TO FILE AN ANNUAL INFORMATION RETURN. THE FOUNDATION, BUILDING FOUNDATION AND LSRI ARE ALSO REQUIRED TO REVIEW VARIOUS TAX POSITIONS THEY HAVE TAKEN WITH RESPECT TO THEIR EXEMPT STATUS AND DETERMINE WHETHER IN FACT THEY ARE TAX EXEMPT ENTITIES. THE FOUNDATION, BUILDING FOUNDATION, AND LSRI MUST ALSO CONSIDER WHETHER IT HAS NEXUS IN JURISDICTIONS IN WHICH THEY HAVE INCOME AND WHETHER A TAX RETURN IS REQUIRED IN THOSE JURISDICTIONS. IN ADDITION, AS TAX EXEMPT ENTITIES, THE FOUNDATION, BUILDING FOUNDATION AND LSRI MUST ASSESS WHETHER THEY HAVE ANY TAX POSITIONS ASSOCIATED WITH UNRELATED BUSINESS INCOME SUBJECT TO INCOME TAX. THE FOUNDATION, BUILDING FOUNDATION AND LSRI DO NOT EXPECT THEIR POSITIONS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. ANY PENALTIES RELATED TO LATE FILING OR OTHER REQUIREMENTS WOULD BE RECOGNIZED AS PENALTIES EXPENSE IN THE FOUNDATION'S, BUILDING FOUNDATION'S AND LSRI'S ACCOUNTING RECORDS. THE FOUNDATION, BUILDING FOUNDATION AND LSRI FILE U.S. FEDERAL FORM 990 FOR INFORMATIONAL PURPOSES. THE FOUNDATION'S AND BUILDING FOUNDATION'S FEDERAL INCOME TAX RETURNS FOR THE TAX YEARS 2019 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. 0 LSU HEALTH SCIENCES CENTER SHREVEPORT 1501 KINGS HWY SHREVEPORT LA 71103 720702002 501(C)(3) 0 259082 APPRAISAL LAND DONATION OF LAND FOR ADDITIONAL BUILDING 0 0 0 0 0 0 0 0 0 KEVIN FLOOD PRESIDENT & CEO 0 168766 0 0 0 0 0 0 0 15968 0 184734 0 0 BRIGETTE ROSE CFO 0 154290 0 0 0 0 0 0 0 14750 0 169040 0 0 PART I, LINE 3 THE RELATED ORGANIZATION - LSU HEALTH SCIENCES FOUNDATION SHREVEPORT - USES THE FOLLOWING TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 2 ARMAND ROOS AND DAVID POSNER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO IN CONJUNCTION WITH THE FINANCE OR AUDIT COMMITTE, WHICH PRESENTS THE FORM 990 FOR BOARD REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING AN ANNUAL COMPLIANCE CERTIFICATION OF ALL DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE, WHICH CONSISTS OF BOARD OF DIRECTOR MEMBERS, SOLELY DETERMINE THE SALARIES OF KEY MANAGEMENT/OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ROUNDING 1. LSU HEALTH SCIENCES FOUNDATION SHREVEPORT 920 PIERREMONT RD SUITE 506 SHREVEPORT LA 71106 721402222 INSPIRE DONORS TO INVEST IN LSU HEALTH SCIENCES CENTER SHREVEPORT LA 501(C)(3) LINE 12A, I 0 LSU HEALTH SCIENCES CENTER SHREVEPORT 1501 KINGS HWY SHREVEPORT LA 71103 720702002 MEDICAL SCHOOL LA 501(C)(3) LINE 2 0 LOUISIANA STRATEGIC RESEARCH INITIATIVE 920 PIERREMONT RD SUITE 506 SHREVEPORT LA 71106 821878290 SUPPORT RESEARCH AT LSU HEALTH SCIENCES CENTER SHREVEPORT LA 501(C)(3) LINE 10 LSU HEALTH SCIENCES FOUNDATION 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 LSU HEALTH SCIENCES FOUNDATION SHREVEPORT D 6989153 ACCRUAL LSU HEALTH SCIENCES FOUNDATION SHREVEPORT O 350500 ACCRUAL LSU HEALTH SCIENCES CENTER SHREVEPORT B 259082 APPRAISAL