The Rapides Foundation FY2021 filing

Tax-deductible

Alexandria, LA501(c)(3)Since 1924HospitalsEIN 72-0423603

This page gets seen. Tell your story. Claim this org.

The mission of the Rapides Foundation (trf) is to improve the health status of central louisiana. Trf is a member of Rapides healthcare system LLC, which owns and operates Rapides regional medical center, a 380-bed hospital in alexandria. Additionally, trf provides funding for projects which effectively address the following philanthropic objectives: healthy people - to improve access to healthcare and promote healthy behaviors. Education - to increase the level of educational attainment and achievement as the primary path to improved economic, social and health status. Healthy communities - to improve economic opportunity and family income; and enhance civic and community opportunities for more effective leaders and organizations.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$1.0M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $2.2M a year · 13% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.0M
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $14.0M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$11.8M
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 16 voting members
Looks good: 15 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$25.4M
+69% vs prior year
Spent
$11.4M
To programs
87%
Net assets
$354.0M
By yearFY2020–FY2024
Revenue
$25.4M
FY2021▲ +69%
Revenue by fiscal year
FY2020$15.0M
FY2021$25.4M
FY2022$30.3M
FY2023$7.3M
FY2024$10.3M
Expenses
$11.4M
FY2021▼ -32%
Expenses by fiscal year
FY2020$16.8M
FY2021$11.4M
FY2022$16.5M
FY2023$20.1M
FY2024$12.4M
Net assets
$354.0M
FY2021▲ +11%
Net assets by fiscal year
FY2020$318.6M
FY2021$354.0M
FY2022$309.8M
FY2023$330.6M
FY2024$347.7M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $9.9M Management & general 13% · $1.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

20 people listed on the 990; $1.0M paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$447,917Pt VII · Sec A
Dir of Programs
$189,138Pt VII · Sec A
Dir of Admin
$159,885Pt VII · Sec A
Dir of Communications
$118,868Pt VII · Sec A
Dir of Evaluation
$116,990Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Joseph R Rosier JR’s $477K as President & CEO is at the 74th percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Joseph R Rosier JR$476,964$479,856$479,856$447,917$458,988
Kayren Segall$200,757$196,037$184,477$159,885$112,790
Ashley Stewart$199,412$195,157$198,654$189,138$190,863
Kathleen F Nolen————$141,170
Akeshia Singleton$131,190$126,738$121,634$116,990$118,000
Tammy Moreau—$129,998$124,039$118,868$119,984
Tracey Snow————$107,806
Kathy Gunn$99,898————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Rapides Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds grants and programs in Central Louisiana to improve healthcare access, promote healthy behaviors, boost public education, and strengthen local economic opportunities.

Provided by the organization

This section is blank until The Rapides Foundation claims this page.

Know this organization? Claim it to add your story

3 program services account for $6.8M of program spending, described in the organization's own filed words · FY2021.
01

Healthy people TRF provided chronic care prescription medications for people who cannot afford them through a $571,090 grant in 2021 to its supporting organization, cenla medication access program (cmap). Cmap's patient assistance program (pap) locates cmap staff near physician offices throughout cmap's primary nine-parish service area.

$4.0Mprogram expense
02

Education -- during 2021 the rapides foundation provided $1.5 million in grants to the nine public school districts in TRF'S service area. The grants were used for targeted professional development, coaching and mentoring of teachers; leadership development for administrators; and funding to allow the districts to participate in…

$2.7Mprogram expense
03

Acute-care hospital services the rapides foundation is a member of rapides healthcare system LLC (RHS), which owns and operates rapides regional medical center (RRMC), a 380-BED hospital in alexandria, la.

Pt IX · col B

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$14.0M
Grants paid · 206 grants · $65.6M · 2020–2024
Rapides Parish School BoardFY2024$5,343,750
Natchitoches Parish School BoardFY2024$3,103,165
Louisiana CentralLA · FY2024$1,000,000
The Orchard FoundationLA · FY2024$587,100
Cmap ExpressLA · FY2024$574,942
Cmap ExpressLA · FY2024$569,355
Rapides Parish School BoardFY2024$441,273
The Orchard FoundationLA · FY2024$388,710
Grant Parish School BoardFY2024$338,963
The Orchard FoundationLA · FY2024$284,600
Cmap ExpressLA · FY2024$254,968
Vernon Parish School BoardFY2024$225,000
The Orchard FoundationLA · FY2024$161,945
LSU Health Sciences Center- ShreveportFY2024$145,000
See all 206 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$25.4M
Ln 12
Investment incomeLn 3$19.6M
Fees for servicesLn 2g$5.7M
Money outPt IX
$11.4M
Ln 25
Programscol B$9.9M
Managementcol C$1.5M
Owns and owesPt X
$354.0M
net assets · Ln 32
Cash and savingsLn 1–2$3.7M
Total assetsLn 16$365.8M
LiabilitiesLn 26$11.8M
PeoplePt VI, VII
20
listed · VII A
PaidVII A5
Voting boardVI 1a16
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$5.7M
Investment incomeLn 3$19.6M
Gains on assetsLn 7$12.4M
Total revenueLn 12$25.4M
Assets in detailPt X, end of year
CashLn 1$3.7M
Cash and savings togetherLn 1–2$3.7M
InvestmentsLn 11–13$360.7M
Land, buildings, equipmentLn 10c$1.2M
Other assetsLn 15$169K
Total assetsLn 16$365.8M
LiabilitiesLn 26$11.8M
Net assetsLn 32$354.0M
OperationsPt I, VI
EmployeesI 542
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$9.6M$3.7M
InvestmentsLn 11–13$320.4M$360.7M
Land, buildings, equipmentLn 10c$1.3M$1.2M
Total assetsLn 16$331.6M$365.8M
LiabilitiesLn 26$13.0M$11.8M
Net assetsLn 32$318.6M$354.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$4.3M$4.3M
Pay of current officers, directors and key staffLn 5$473K$46K$428K
Other salaries and wagesLn 7$1.8M$1.5M$265K
Pension plan contributionsLn 8$246K$145K$101K
Other employee benefitsLn 9$194K$142K$52K
Payroll taxesLn 10$168K$105K$63K
Management feesLn 11a$193K$79K$113K
Advertising and promotionLn 12$345K$342K$2K
Office expensesLn 13$53K$33K$20K
Information technologyLn 14$287K$168K$119K
OccupancyLn 16$158K$82K$76K
TravelLn 17$81K$77K$3K
Conferences, conventions and meetingsLn 19$260K$114K$146K
Depreciation, depletion and amortizationLn 22$63K$16K$47K
InsuranceLn 23$58K$27K$30K
Other expenses (24a–d)Ln 24$2.8M$2.8M$77K
Total functional expensesLn 25$11.4M$9.9M$1.5M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $10.3M$12.4M−$2.2M$347.7M 990 PDF
FY2023 $7.3M$20.1M−$12.8M$330.6M 990 PDF
FY2022 $30.3M$16.5M$13.9M$309.8M 990 PDF
FY2021 Viewing $25.4M$11.4M$13.9M$354.0M 990 PDF
FY2020 $15.0M$16.8M−$1.8M$318.6M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $25,364,820 across 3 lines filed
Lines not itemized here account for $5,744,691 of total revenue; see the IRS return.
VIII-3 Investment incomeExcluded from tax $7,261,310$7,261,310
VIII-7 Net gain or loss on sales of assetsExcluded from tax $12,358,819$12,358,819
VIII-12 Total revenueRelated to mission $5,744,691 · Unrelated business $0 · Excluded from tax $19,620,129$25,364,820
Part IX · Statement of functional expenses $11,427,862 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $4,266,987$4,266,987
IX-5 Pay of current officers, directors and key staffPrograms $45,637 · Management $427,779$473,416
IX-7 Other salaries and wagesPrograms $1,484,767 · Management $265,355$1,750,122
IX-8 Pension plan contributionsPrograms $144,862 · Management $100,850$245,712
IX-9 Other employee benefitsPrograms $141,767 · Management $52,171$193,938
IX-10 Payroll taxesPrograms $104,720 · Management $62,872$167,592
IX-11a Management feesPrograms $79,175 · Management $113,338$192,513
IX-12 Advertising and promotionPrograms $342,498 · Management $2,071$344,569
IX-13 Office expensesPrograms $32,818 · Management $20,396$53,214
IX-14 Information technologyPrograms $167,910 · Management $118,619$286,529
IX-16 OccupancyPrograms $82,382 · Management $75,824$158,206
IX-17 TravelPrograms $77,330 · Management $3,397$80,727
IX-19 Conferences, conventions and meetingsPrograms $113,514 · Management $146,148$259,662
IX-22 Depreciation, depletion and amortizationPrograms $16,447 · Management $46,548$62,995
IX-23 InsurancePrograms $27,224 · Management $30,361$57,585
IX-24 Other expenses (24a–d)Programs $2,757,380 · Management $76,715$2,834,095
IX-25 Total functional expensesPrograms $9,885,418 · Management $1,542,444 · Fundraising $0$11,427,862
Part X · Balance sheet $365,841,423 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $9,633,811$3,673,903
X-4 Accounts receivableStart of year $1,658$1,618
X-9 Prepaid expenses and deferred chargesStart of year $31,493$56,155
X-10c Land, buildings and equipment, netStart of year $1,305,230$1,218,267
X-11 Publicly traded securitiesStart of year $285,184,441$322,861,428
X-13 Program-related investmentsStart of year $35,197,984$37,861,503
X-15 Other assetsStart of year $245,888$168,549
X-16 Total assetsStart of year $331,600,505$365,841,423
X-17 Accounts payable and accrued expensesStart of year $376,291$567,562
X-18 Grants payableStart of year $12,500,343$10,566,264
X-25 Other liabilitiesStart of year $93,906$662,409
X-26 Total liabilitiesStart of year $12,970,540$11,796,235
X-27 Net assets without donor restrictionsStart of year $318,629,965$354,045,188
X-32 Total net assets or fund balancesStart of year $318,629,965$354,045,188
X-33 Total liabilities and net assetsStart of year $331,600,505$365,841,423
Part XI · Reconciliation of net assets $354,045,188 net assets at year end
XI-1 Total revenue$25,364,820
XI-2 Total expenses$11,427,862
XI-3 Revenue less expenses$13,936,958
XI-4 Net assets at start of year$318,629,965
XI-5 Net unrealized gains (losses) on investments$21,478,265
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$354,045,188

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.