Louisiana · Ranked 660 of 1033 by CEO pay.

The Rapides Foundation

Joseph R Rosier Jr, President & CEO. Fiscal year ending 2024-12.

$520,604

CEO total compensation
Form 990 Part VII, columns D+E+F

26.16%

of expenses spent on charity care
Schedule H Part I line 7a

16.0%

CEO pay as a share of all charity care

Joseph R Rosier Jr’s pay of $520,604 equals 16.0 percent of the $3,255,078 the system spent on charity care in the same year.

§1The filing

Total revenue: $10,255,274
Total expenses: $12,442,505
Net assets: $347,708,971
Employees: 32
Hospitals covered: 1 facilities across 1 filing
Charity care, net: $3,255,078
Bad debt: $228,603
Medicare surplus (shortfall), as filed: $2,104,979
CEO pay from the organization (Part VII col. D): $476,964
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $43,640
CEO total compensation (D+E+F): $520,604 to Joseph R Rosier Jr

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, The Rapides Foundation, EIN 72-0423603, fiscal year ending 2024-12, 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)$17.7M Of which charity care to patients who could not pay (line 7a)$3.3M (18%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($228,603) 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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The Rapides Foundation: CEO pay $520,604, charity care 26.16% of expenses

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The Rapides Foundation reported $520,604 in compensation for chief executive Joseph R Rosier Jr in the fiscal year ending 2024-12. It spent 26.16% of expenses on charity care, $3,255,078. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/the-rapides-foundation-72-0423603.html