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THE RAPIDES FOUNDATION

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Public IRS 990 nonprofit record

THE RAPIDES FOUNDATION

EIN 72-0423603 · Health Care (E210)

What they do

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 346-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.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $81.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

99.23%of revenue went to mission work81.8% of expenses · Program services
$121.33spent for every $100 of revenueSpending was higher than revenue this year.
22.10%of revenue went to management and office costs18.2% of expenses
$29.18in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $2,187,231 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $520,604 for JOSEPH R ROSIER JR (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$10,255,274
Mission workProgram services$10,176,40699.23% of revenue81.8% of expenses
ManagementOffice and general costs$2,266,09922.10% of revenue18.2% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$12,442,505121.33% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 81.8% mission · 18.2% management · 0.0% fundraisingTotal expenses: 121.33% of revenue
2023Expense mix: 92.7% mission · 7.3% management · 0.0% fundraisingTotal expenses: 275.02% of revenue
2022Expense mix: 95.0% mission · 5.0% management · 0.0% fundraisingTotal expenses: 54.27% of revenue
2021Expense mix: 86.5% mission · 13.5% management · 0.0% fundraisingTotal expenses: 45.05% of revenue
2020Expense mix: 93.1% mission · 6.9% management · 0.0% fundraisingTotal expenses: 111.89% of revenue
2019Expense mix: 86.6% mission · 13.4% management · 0.0% fundraisingTotal expenses: 68.09% of revenue
2018Expense mix: 89.7% mission · 10.3% management · 0.0% fundraisingTotal expenses: 52.09% of revenue
2017Expense mix: 94.5% mission · 5.5% management · 0.0% fundraisingTotal expenses: 94.92% of revenue

Money in and money out

Revenue$10,255,274
Expenses$12,442,505
Annual shortfall $2,187,231 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,176,406 · 81.8% of expenses
Management and office costs$2,266,099 · 18.2% of expenses
See all reported dollar amounts
Revenue$10,255,274
Expenses$12,442,505
Assets$363,056,628
Income$10,255,274
Mission work (program services)$10,176,406
Grants given$106,054,824
Average grant$323,338
Management and general$2,266,099
Executive compensation (total)$477,988
Stocks and bonds$326,342,779
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JOSEPH R ROSIER JRPRESIDENT & CEO · 40 hrs/week $520,604Base $476,964 · Other $43,640
ASHLEY STEWARTDIR OF PROGRAMS · 40 hrs/week $239,347Base $199,412 · Other $39,935
KAYREN SEGALLDIR OF ADMIN · 40 hrs/week $239,175Base $200,757 · Other $38,418
AKESHIA SINGLETONDIR OF EVALUATION · 40 hrs/week $159,619Base $131,190 · Other $28,429
KATHY GUNNDIR OF COMMUNICATIONS · 40 hrs/week $121,987Base $99,898 · Other $22,089

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

JOSEPH R ROSIER JRPRESIDENT & CEO

ASHLEY STEWARTDIR OF PROGRAMS

KAYREN SEGALLDIR OF ADMIN

AKESHIA SINGLETONDIR OF EVALUATION

KATHY GUNNDIR OF COMMUNICATIONS

VALERIE AYMONDMEMBER

TONI MCALLISTERMEMBER

THOMAS J DAVIS MDMEMBER

MATTHEW T WHITEHEAD DDSMEMBER

MARK THOMPSONMEMBER

MARK BROWNMEMBER

KIRK D COOPERMEMBER

HENRY WILLIAMSMEMBER

EDWIN URBI MDMEMBER

DWAYNE LEMOINEMEMBER

DEBBIE EDDLEMONMEMBER

COREY LAIRMEMBER

BRUCE BARTON MDMEMBER

BRIAN ELKINS MDMEMBER

ANGELA W DEGRAYMEMBER

About this charity

Recognized since
January 1972
Location
1101 4TH ST STE 300, ALEXANDRIA, LA 71301-8311
County
Rapides
In care of
JOSEPH R ROSIER JR
Primary officer
JOSEPH R ROSIER JR, CEO

How to reach them

WebsiteVisit the charity’s website Emailgrantinfo@rapidesfoundation.org Phone(318) 443-3394

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
EAG GULF COAST LLC
NTEE classification
Health Care (E210)
IRS tax category
Other Grantmaking and Giving Services
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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