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 22 reported grant relationships connected to this organization totaling approximately $91.7M.

EIN: 251925187 NEW ORLEANS, LA Latest filing: 2024
Total Revenue$792.9M
Total Expenses$864.5M
Total Assets$502.5M
Grant Records22
Funding Total$91.7M
Filing Years2019–2024

Mission

UNIVERSITY MEDICAL CENTER WILL PROVIDE EXCEPTIONAL PATIENT-CENTERED CARE AND A WORLD-CLASS ACADEMIC EXPERIENCE THROUGH ADVANCED RESEARCH, LEADING TECHNOLOGY AND INNOVATION.

Sample Grants Received

2024
Patient Support
$25,000
2023
Research
$57,983
2022
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
2022
DURING THE YEAR ENDED DECEMBER 31, 2022, TOURO DONATED $22,926,354 TO UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION AS SUPPORT FOR THE HOSPITAL'S HEALTHCARE ACTIVITIES.
$22,926,354

Showing up to 5 of 22 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

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 1 grant
DURING THE YEAR ENDED DECEMBER 31, 2022, TOURO DONATED $22,926,354 TO UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION AS SUPPORT FOR THE HOSPITAL'S HEALTHCARE ACTIVITIES.
$22,926,354 1 grant
During the year ended December 31, 2018, Touro donated $15,766,086 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 Touro's tax-exempt purpose and community benefits obligations and is presented as community support in the statement of operations.
$15,766,086 1 grant
Research
$173,565 3 grants
SUBCONTRACT GRANT AWARD
$72,088 2 grants

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.

See the full picture for UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION

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