Civic Intelligence

Loumed Inc

EIN 92-1862183 • 501(c)4 • Louisville, KY

Profile

To create a world-class medical education district that is safe, clean, innovative, and collaborative.

234 E Gray Street Suite 235Louisville, KY 40202

www.louisvillemedicaleducationdistrict.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

47th percentile

0.03x

Higher debt load relative to assets than 47% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.01x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Net Margin

88th percentile

52%

Higher net margin than 88% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

99th percentile

759%

Faster asset growth than 99% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

221%

Faster revenue growth than 96% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,785,890

Up $1,577,999 (+759%) from 2023

Liabilities

Down

$50,243

Down $335,085 (-87%) from 2023

Net Assets

Up

$1,735,647

Up $1,913,084 (+1078%) from 2023

Revenue

Up

$3,578,973

Up $2,462,411 (+221%) from 2023

Expenses

Up

$1,715,889

Up $421,890 (+33%) from 2023

Net Income

Up

$1,863,084

Up $2,040,521 (+1150%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2023: $207,891Liabilities 2023: $385,328Net Assets 2023: -$177,4372023Assets 2024: $1,785,890Liabilities 2024: $50,243Net Assets 2024: $1,735,6472024

Highlighted filing

2024

Assets$1,785,890
Liabilities$50,243
Net Assets$1,735,647

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2023: $1,116,562Expenses 2023: $1,293,999Net Income 2023: -$177,4372023Revenue 2024: $3,578,973Expenses 2024: $1,715,889Net Income 2024: $1,863,0842024

Highlighted filing

2024

Revenue$3,578,973
Expenses$1,715,889
Net Income$1,863,084

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 29, 2025
Return Version
2024v5.2
Gross Receipts
$3,578,973
Mission and Program Overview

Mission

To create a world-class medical education district that is safe, clean, innovative, and collaborative.

To create a world-class medical education district that is safe, clean, innovative, (see schedule o) and collaborative.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,120$1,735,890▲ $1,734,770
Accounts Receivable$206,771--
Pledges and Grants Receivable-$50,000-
Total Assets$207,891$1,785,890▲ $1,577,999
Liabilities
Accounts Payable and Accrued Expenses$385,328$50,243▼ $335,085
Total Liabilities$385,328$50,243▼ $335,085
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-177,437$1,735,647▲ $1,913,084
Total Net Assets Fund Balance$-177,437$1,735,647▲ $1,913,084
Total Liabilities and Net Assets / Fund Balance$207,891$1,785,890▲ $1,577,999
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nadareca ThibeauxExecutive DirectorFT$175,134$33,651$208,785

Board Members and Trustees

NameTitle
Gary DrydenChair
Ken MarshallPast Chair
Matt AyersVice Chair
Andrew MccarthyDirector
Diane ScardinoDirector
Jeffrey BumpousDirector
Pamela TurnerDirector
Ty HandyDirector
John WalschTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Block By BlockSecurity, Grounds Keeping, Wayfinding640 SOUTH FOURTH STREET SUITE 110, Louisville, KY 40202$991,047
Dentons Bingham Greenbaum LLPLegal3913 SOLUTIONS CENTER, Chicago, IL 60677$266,901
Revenue and Support

Revenue Composition

Contributions and Grants
$1,971,708
Program Service Revenue
$1,605,200
Investment Income
$2,065
Other Revenue
$0
Change in Net Assets
$1,863,084
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,494,181
Salaries, Compensation, and Employee Benefits$221,708
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$208,785--$208,785
Advertising$86,253$5,910-$92,163
Fees for Services Other$57,933--$57,933
Fees for Services Legal-$30,000-$30,000
Fees for Services Accounting-$20,161-$20,161
Conferences and Meetings$18,161--$18,161
Payroll Taxes$12,923--$12,923
Information Technology$2,077$3,771-$5,848
Office Expenses-$4,419-$4,419
Other Expenses$268,742$2,951-$2,951
Insurance-$2,379-$2,379
Travel-$371-$371
Interest-$6-$6
Total Functional Expenses$1,645,921$69,968$0$1,715,889
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has the following members: jefferson community and technical college (jctc), norton healthcare, inc. (norton), university of louisville (university), and uofl health, inc. (uofl health, together with university, uofl). Jctc, norton, and uofl are collectively referred to as the voting members.

Form 990, Part VI, Section A, Line 7A

Each member has the right to appoint up to three directors. However, each member shall have one vote regardless of the number of directors.

Form 990, Part VI, Section A, Line 7B

The voting members, until the last remaining voting member has been dissolved or resigned, have the sole right to vote as to the election of directors or as to any other matters presented to the members for consideration.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the executive director and board of directors prior to being filed.

Form 990, Part VI, Section B, Line 12C

The board of directors reviews the conflict of interest policy annually and board officers address any potential or actual conflicts of interest.

Form 990, Part VI, Section B, Line 15

The executive director's salary is determined and paid by one of the member organizations as a donation. Therefore, the w2 is issued by the member organization.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Loumed Inc
EIN
92-1862183
Phone
5026295290
Address
234 E GRAY STREET SUITE 235, LOUISVILLE, KY 40202

Signing Officer

Name
Nadareca Thibeaux
Title
Executive Director
Phone
5026295290
Signed
2025-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nadareca Thibeaux
Formed
2023
Legal Domicile
Ky
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Deming Malone Livesay & Ostroff Psc
Address
9300 SHELBYVILLE RD STE 1100, LOUISVILLE, KY 40222-5187
Preparer
Christine N Koenig
Phone
5024269660
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal, state and local income taxes as a not-for-proft organization under internal revenue code section 501(c)(4). The organization files an informational return in the u.s. Federal jurisdiction. Income from certain activities not directly related to loumed's tax exempt purpose may be subject to taxation as unrelated business income. As of december 31, 2024, loumed did not have any accrued interest or penalties related to income tax liabilities, and no interest or penalties have been charged to operations for the year then ended.

Raw XML AppendixShowing 400 of 466 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0385328
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt050243
IRS990/AccountsReceivableGrp/BOYAmt0206771
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO CREATE A WORLD-CLASS MEDICAL EDUCATION DISTRICT THAT IS SAFE, CLEAN, INNOVATIVE, (SEE SCHEDULE O) AND COLLABORATIVE.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt05910
IRS990/AdvertisingGrp/ProgramServicesAmt086253
IRS990/AdvertisingGrp/TotalAmt092163
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0YVONNE PLUMMER
IRS990/BooksInCareOfDetail/PhoneNum08124141793
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03704 E BRIDGEWATER ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0SCOTTSBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd047170
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0208785
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0208785
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt018161
IRS990/ConferencesMeetingsGrp/TotalAmt018161
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0991047
IRS990/ContractorCompensationGrp/CompensationAmt1266901
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0640 SOUTH FOURTH STREET SUITE 110
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt13913 SOLUTIONS CENTER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0LOUISVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0KY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd040202
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd160677
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0BLOCK BY BLOCK
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1DENTONS BINGHAM GREENBAUM LLP
IRS990/ContractorCompensationGrp/ServicesDesc0SECURITY, GROUNDS KEEPING, WAYFINDING
IRS990/ContractorCompensationGrp/ServicesDesc1LEGAL
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01971708
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02065
IRS990/CYOtherExpensesAmt01494181
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01605200
IRS990/CYRevenuesLessExpensesAmt01863084
IRS990/CYSalariesCompEmpBnftPaidAmt0221708
IRS990/CYTotalExpensesAmt01715889
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03578973
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE LOUISVILLE MEDICAL AND EDUCATIONAL DISTRICT IS HOME TO FOUR INTERCONNECTED INSTITUTIONS: JEFFERSON COMMUNITY & TECHNICAL COLLEGE, NORTON HEALTHCARE, UNIVERSITY OF LOUISVILLE HEALTH SCIENCES CENTER, AND UOFL HEALTH. THE DISTRICT IS COMPRISED OF 22 CITY BLOCKS, 250 ACRES, 9.6 MILLION SQUARE FEET OF OCCUPIED SPACE IN DOWNTOWN LOUISVILLE, ATTRACTS OVER 1.5 MILLION VISITORS PER YEAR, AND EMPLOYS OVER 16,000 INDIVIDUALS. LOUMED INC SEEKS TO BUILD A WORLD CLASS MEDICAL AND EDUCATION DISTRICT. PROGRAMS AND STRATEGIC ACTIONS INCLUDE URBAN REVITALIZATION, IMPROVING COMMUNITY SPACE, IMPACTING ECONOMIC DEVELOPMENT, AND UTILIZING AN AMBASSADOR PROGRAM.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01645921
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt020161
IRS990/FeesForServicesAccountingGrp/TotalAmt020161
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt030000
IRS990/FeesForServicesLegalGrp/TotalAmt030000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt057933
IRS990/FeesForServicesOtherGrp/TotalAmt057933
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt933651
IRS990/Form990PartVIISectionAGrp/PersonNm0KEN MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm1GARY DRYDEN
IRS990/Form990PartVIISectionAGrp/PersonNm2MATT AYERS
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN WALSCH
IRS990/Form990PartVIISectionAGrp/PersonNm4DIANE SCARDINO
IRS990/Form990PartVIISectionAGrp/PersonNm5ANDREW MCCARTHY
IRS990/Form990PartVIISectionAGrp/PersonNm6JEFFREY BUMPOUS
IRS990/Form990PartVIISectionAGrp/PersonNm7PAMELA TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm8TY HANDY
IRS990/Form990PartVIISectionAGrp/PersonNm9NADARECA THIBEAUX
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9175134
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02023
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt01750000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03578973
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03771
IRS990/InformationTechnologyGrp/ProgramServicesAmt02077
IRS990/InformationTechnologyGrp/TotalAmt05848
IRS990/InsuranceGrp/ManagementAndGeneralAmt02379
IRS990/InsuranceGrp/TotalAmt02379
IRS990/InterestGrp/ManagementAndGeneralAmt06
IRS990/InterestGrp/TotalAmt06
IRS990/InvestmentIncomeGrp/ExclusionAmt02065
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02065
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CREATE A WORLD-CLASS MEDICAL EDUCATION DISTRICT THAT IS SAFE, CLEAN, INNOVATIVE, AND COLLABORATIVE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-177437
IRS990/NetAssetsOrFundBalancesEOYAmt01735647
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-177437
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01735647
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04419
IRS990/OfficeExpensesGrp/TotalAmt04419
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0AMBASSADOR PROGRAM
IRS990/OtherExpensesGrp/Desc1URBAN DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2MEALS AND CATERING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02951
IRS990/OtherExpensesGrp/ProgramServicesAmt0991047
IRS990/OtherExpensesGrp/ProgramServicesAmt1268742
IRS990/OtherExpensesGrp/TotalAmt0991047
IRS990/OtherExpensesGrp/TotalAmt1268742
IRS990/OtherExpensesGrp/TotalAmt22951
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt012923
IRS990/PayrollTaxesGrp/TotalAmt012923
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt050000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0NADARECA THIBEAUX
IRS990/PriorPeriodAdjustmentsAmt050000
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01605200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01605200
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0188113
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt096
IRS990/PYOtherExpensesAmt01105886
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0928353
IRS990/PYRevenuesLessExpensesAmt0-177437
IRS990/PYSalariesCompEmpBnftPaidAmt0188113
IRS990/PYTotalExpensesAmt01293999
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01116562
IRS990/ReconcilationRevenueExpnssAmt01863084
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0221708
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01605200
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01120
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01735890
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL, STATE AND LOCAL INCOME TAXES AS A NOT-FOR-PROFT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(4). THE ORGANIZATION FILES AN INFORMATIONAL RETURN IN THE U.S. FEDERAL JURISDICTION. INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO LOUMED'S TAX EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. AS OF DECEMBER 31, 2024, LOUMED DID NOT HAVE ANY ACCRUED INTEREST OR PENALTIES RELATED TO INCOME TAX LIABILITIES, AND NO INTEREST OR PENALTIES HAVE BEEN CHARGED TO OPERATIONS FOR THE YEAR THEN ENDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0175134
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt07005
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt026646
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0NADARECA THIBEAUX
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0208785
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS THE FOLLOWING MEMBERS: JEFFERSON COMMUNITY AND TECHNICAL COLLEGE (JCTC), NORTON HEALTHCARE, INC. (NORTON), UNIVERSITY OF LOUISVILLE (UNIVERSITY), AND UOFL HEALTH, INC. (UOFL HEALTH, TOGETHER WITH UNIVERSITY, UOFL). JCTC, NORTON, AND UOFL ARE COLLECTIVELY REFERRED TO AS THE VOTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER HAS THE RIGHT TO APPOINT UP TO THREE DIRECTORS. HOWEVER, EACH MEMBER SHALL HAVE ONE VOTE REGARDLESS OF THE NUMBER OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE VOTING MEMBERS, UNTIL THE LAST REMAINING VOTING MEMBER HAS BEEN DISSOLVED OR RESIGNED, HAVE THE SOLE RIGHT TO VOTE AS TO THE ELECTION OF DIRECTORS OR AS TO ANY OTHER MATTERS PRESENTED TO THE MEMBERS FOR CONSIDERATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY AND BOARD OFFICERS ADDRESS ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED AND PAID BY ONE OF THE MEMBER ORGANIZATIONS AS A DONATION. THEREFORE, THE W2 IS ISSUED BY THE MEMBER ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0JEFFERSON COMMUNITY AND TECHNICAL COLLEGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1NORTON HEALTHCARE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2U OF L HEALTH - LOUISVILLE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3UNIVERSITY OF LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0611320380
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1611028725
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2843178470
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3611014882
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0SECTION 115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3SECTION 115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0COMMUNITY AND TECHNICAL COLLEGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PROVIDE QUALITY HEALTH CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2OPERATE AND MAINTAIN HOSPITALS AFFILIATED WITH U OF L
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 12B, II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt3LINE 6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0109 EAST BROADWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1224 E BROADWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2530 S JACKSON STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt32301 S 3RD STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd040202
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd140202
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd240202
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd340208
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0207891
IRS990/TotalAssetsEOYAmt01785890
IRS990/TotalAssetsGrp/BOYAmt0207891
IRS990/TotalAssetsGrp/EOYAmt01785890
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01971708

Document Assets

No mirrored PDF or thumbnail assets are attached yet.