Mission
UNIVERSITY MEDICAL CENTER WILL PROVIDE EXCEPTIONAL PATIENT-CENTERED CARE AND A WORLD-CLASS ACADEMIC EXPERIENCE THROUGH ADVANCED RESEARCH, LEADING TECHNOLOGY AND INNOVATION.
Public Charity
UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION
Based in NEW ORLEANS, LA, UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION operates as a Public Charity. The organization reported $792.9M in revenue, $864.5M in expenses, $502.5M in total assets for fiscal year 2024. Imperigo tracks 24 reported grant relationships connected to this organization totaling approximately $91.8M.
EIN: 251925187
NEW ORLEANS, LA
Fund Raising & Fund Distribution
NTEE: G12
Latest filing: 2024
Total Revenue$792.9M
Total Expenses$864.5M
Total Assets$502.5M
Grant Records24
Funding Total$91.8M
Filing Years2019–2024
Where $100 goes at University Medical Center Management Corporation
How University Medical Center Management Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$76
Programs
the work itself
$24
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $76 for programs
$60
Patient care
$13
Resident teaching & graduate medical education programs
$3
Community health services and community benefit operations provide free health education programs and screenings to the community
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Patient Support
$25,000
Research
$24,580
$60,000
Research
$57,983
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.
$52,649,003
Showing up to 5 of 24 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Alden Mcdonald
CHIEF NURSING OFFICER
Allison Guste
VP OF BUSINESS DEVELOPMENT
Charlotte Parent
CHIEF FINANCIAL OFFICER
Christine M Bond
VICE CHAIR
Daniel Foley
BOARD MEMBER
Darryl Berger
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $792.9M | $864.5M | $502.5M |
| 2023 | $760.0M | $851.5M | $441.2M |
| 2022 | $811.1M | $811.8M | $502.6M |
| 2020 | $783.3M | $764.9M | $546.3M |
| 2019 | $731.1M | $725.7M | $503.3M |
Between 2019 and 2024, reported annual revenue grew from $731.1M to $792.9M (+8%), with total assets most recently reported at $502.5M.
Interactive year-over-year charts and full filing details available with membership.