Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Louisiana · Ranked 486 of 1033 by CEO pay.

St Francis Medical Center

Thomas J Gullatt MD, President/CEO. Fiscal year ending 2025-06.

$839,973
CEO total compensation
Form 990 Part VII, columns D+E+F
0.67%
of expenses spent on charity care
Schedule H Part I line 7a
25.8%
CEO pay as a share of all charity care
Thomas J Gullatt MD’s pay of $839,973 equals 25.8 percent of the $3,258,745 the system spent on charity care in the same year.

Most of the reported compensation ($705,525 of $839,973) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue
$519,451,851
Total expenses
$488,752,277
Net assets
$133,455,804
Employees
2,146
Hospitals covered
1 facilities across 1 filing
Charity care, net
$3,258,745
Bad debt
$15,106,991
Medicare surplus (shortfall), as filed
($5,694,929)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$705,525
Other compensation, including deferred pay and nontaxable benefits (col. F)
$134,448
CEO total compensation (D+E+F)
$839,973 to Thomas J Gullatt MD

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, St Francis Medical Center, EIN 72-0408970, fiscal year ending 2025-06, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$6.7M Of which charity care to patients who could not pay (line 7a)$3.3M (48%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($15.1M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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St Francis Medical Center: CEO pay $839,973, charity care 0.67% of expenses