UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION

UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION

New Orleans, LA, US
501(c)3
EIN
25-1925187
Hospital

UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION

New Orleans, LA, US
501(c)3
EIN
25-1925187
Hospital

Overview

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Est.

2005

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The University Medical Center Management Corporation, identified by EIN 25-1925187, is a nonprofit organization dedicated to advancing healthcare through technology, patient-centered care, and research in diseases and conditions. With an operating budget of $863.9 million and total revenue of $792.9 million for the 2024 filing year, it aims to be a leading world-class academic medical center in New Orleans, offering exceptional healthcare and innovative academic experiences. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.umcno.org.

Mission Statement

UNIVERSITY MEDICAL CENTER NEW ORLEANS WILL BE A LEADING WORLD-CLASS ACADEMIC (CONT'D ON SCH. O) MEDICAL CENTER AND THE DESTINATION OF CHOICE FOR EXCEPTIONAL HEALTHCARE. UNIVERSITY MEDICAL CENTER WILL PROVIDE EXCEPTIONAL PATIENT-CENTERED CARE AND A WORLD-CLASS ACADEMIC EXPERIENCE THROUGH ADVANCED RESEARCH, LEADING TECHNOLOGY AND INNOVATION.
Revenues

$792.9M

Expenses

$864.5M

Net Income:
-$71.6M
Assets

$502.5M

Liabilities

$880M

Net Assets:
-$377.4M
Operating Budget

$863.9M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$58K
Largest grant received
$58K
E
Edward Helm MD
Board Member
M
Mary Werner
Board Member
G
Gregory C Feirn
Board Member

Frequently Asked Questions

What is UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION’s budget?
In 2024, UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION reported an annual operating budget of around $863.9 million. More detailed financial information is available to registered users.
What causes does UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION support?
UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION supports work in Health, Technology, Patient-centered care, and Diseases and conditions.
Where does UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION operate?
UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION is headquartered in New Orleans, LA.
Who funded UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION recently?
In 2024, UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION received grants from Cornell University, Cornell University, and THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND. More information on this organization’s funders is available to registered users.
What is the largest grant UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION received in 2024?
The largest grant to UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION in 2024 exceeds $58 thousand.
What is UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION’s reliance on government grants?
UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION relied on government grants for less than 5% of their total revenue in 2024.
Overview
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