2025-10-31T13:08:13-05:00 2024-12-31 341884125 CBIZ MHM LLC 4722 N 24TH ST STE 300 PHOENIX AZ 85016 990 2024-01-01 721304946 MAGNOLIA HEALTHCARE INC MAGN 2257530864 PO BOX 40018 BATON ROUGE LA 70835 RICHARD T DASPIT SR PRESIDENT 2257530864 2025-10-31 1 1 AMY A O'LOUGHLIN P00869687 6022646835 2025-10-30 2024 2025-03-06 01:10:19Z RICHARD T DASPIT SR 17617 S HARRELLS FERRY ROAD BATON ROUGE LA 70816 30203346 0 8588 X WWW.MHIHEALTH.ORG X 1995 MS TO PROVIDE COMPREHENSIVE NURSING CARE SERVICES. 3 2 567 0 0 0 2698895 0 22988483 28734964 500942 1433313 43959 35069 26232279 30203346 0 934261 0 0 11435196 12219665 0 0 0 11487558 15543855 22922754 28697781 3309525 1505565 15688485 15237566 13672636 11716152 2015849 3521414 TO SERVE THE HEALTH AND REHABILITATION NEEDS OF THE COMMUNITY AND TO IMPROVE THE QUALITY OF LIFE FOR EACH PATIENT, RESIDENT, FAMILY MEMBER, VISITOR AND CO-WORKER. 0 0 21413191 934261 28734964 OWN AND OPERATE FOUR NURSING HOMES TOTALING BEDS IN VARIOUS LOCATIONS. OUR FACILITIES COMBINE A SPACIOUS, HOMELIKE ENVIRONMENT WITH SKILLED NURSING CARE AND SPECIALISTS IN THE REHABILITATION THERAPIES THAT HELP OLDER ADULTS MAINTAIN OR REGAIN FUNCTION. 21413191 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 37 0 1 567 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 LA X RICHARD DASPIT SR 2257530864 17617 S HARRELLS FERRY ROAD BATON ROUGE LA 70816 RICHARD T DASPIT SR PRESIDENT 10.00 30.00 X X 0 241341 6566 LOUIS HERRERO SECRETARY 10.00 5.00 X X 0 12000 0 G STUART MURPHY III TREASURER 10.00 5.00 X X 0 12000 0 TASHA MOSLEY ADMINISTRATOR 40.00 X 124722 0 114 JAMES BURKE DIRECTOR OF MARKETING 40.00 X 108362 0 6094 CHARLOTTE ROXANNE DOUGLAS STAFFING COORDINATOR 40.00 X 105257 0 5863 LACEY TERRELL DIRECTOR OF NURSING 40.00 X 101076 0 108 439417 265341 18745 4 0 0 0 QUALITY CARE NURSING PO BOX 490 LELAND MS 38756 CONTRACT NURSING SERVICES 1949138 NEXUS THERAPY MANAGEMENT 2113 GOVERNMENT STREET STE L OCEAN SPRINGS MS 39564 THERAPY 1771217 PRECISION HEALTHCARE STAFFING 4209 LAKELAND DR 363 FLOWOOD MS 39232 CONTRACT NURSING SERVICES 750339 APOTHECARE LLC PO BOX 919 MEADVILLE MS 39653 PHARMACY SERVICE 541490 4 RESIDENT SERVICES 623000 28734964 28734964 28734964 1433313 1433313 MISCELLANEOUS INCOME 623000 35069 35069 35069 30203346 28734964 0 1468382 X 934261 934261 10898866 9318557 1580309 473823 342357 131466 846976 726332 120644 1417815 1417815 53508 53508 81576 81576 5840992 4903218 937774 36149 36149 169543 130548 38995 16681 16681 728137 180230 547907 270245 109649 160596 592379 558375 34004 658775 620960 37815 897863 190153 707710 BED TAX 1482447 1482447 DEPARTMENTAL SUPPLIES 1065408 1048989 16419 MEDICAL SUPPLIES 799246 799246 CREDIT LOSSES 685665 685665 747426 67869 679557 28697781 21413191 7284590 0 3803811 5851002 2522862 3569957 526215 213769 13576617 10464896 2753338 3111721 4180811 990771 1679961 1374515 221487 125831 15688485 15237566 1573125 1869240 3342592 595000 1829663 9655751 6332256 191161 13672636 11716152 X 2015849 3521414 2015849 3521414 15688485 15237566 1505565 0 X 1 X 0 0 0 X 2880406 2231661 3056397 2698895 0 10867359 21477946 20428894 22199058 22988463 28734964 115829325 24358352 22660555 25255455 25687358 28734964 126696684 0 0 0 126696684 23638 121815 266663 498342 1433313 2343771 23638 121815 266663 498342 1433313 2343771 515546 101349 2062151 46559 35069 2760674 24897536 22883719 27584269 26232259 30203346 131801129 0.96130 0.96820 0.01780 0.00850 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 515,546. 2021 AMOUNT: $ 101,349. 2022 AMOUNT: $ 2,062,151. 2023 AMOUNT: $ 46,559. 2024 AMOUNT: $ 35,069. 735132 735132 8752010 7257755 1494255 3636979 2823930 813049 452496 383211 69285 3111721 ASSETS WHOSE USE IS LIMITED 990771 C 990771 DUE TO AFFILIATES 191161 191161 X PART X, LINE 2: MHI HAS BEEN RECOGNIZED AS TAX-EXEMPT PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NO PROVISION FOR INCOME TAXES HASBEEN PROVIDED FOR FEDERAL AND STATE INCOME TAX PURPOSES. MHI ACCOUNTS FOR THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS BASEDON A "MORE LIKELY THAN NOT" THRESHOLD APPLIED TO THE RECOGNITION OF THAT TAX POSITION BEING SUSTAINEDBASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF ATAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZEDTAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THEESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, AREACCRUED AS INCOME TAX EXPENSES. MHI HAVE IDENTIFIED THEIR TAX STATUS AS TAX-EXEMPT ENTITIES AS ATAX POSITION; HOWEVER, HAVE DETERMINED THAT SUCH A TAXPOSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. MHI BELIEVE THEY ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO DECEMBER 31, 2021. 1 CARROLLWOOD HEALTH FOUNDATION INC PO BOX 40018 BATON ROUGE LA 70825 721241847 501(C)(3) 934261 0 OPERATIONS 1 PART I, LINE 2: GRANTS GIVEN TO RELATED PARTIES ARE MONITORED BY MANAGEMENT FOR BOTH THE GRANTEE AND GRANTOR. 0 0 0 0 0 0 0 0 0 RICHARD T DASPIT SR PRESIDENT 0 240341 0 0 0 1000 0 0 0 6566 0 247907 0 0 FORM 990, PART VI, SECTION A, LINE 3 MAGNOLIA HEALTHCARE HAS AN AGREEMENT WITH FOUNDATION HEALTH SERVICES, INC., SOLE MEMBER OF MAGNOLIA HEALTHCARE, TO PROVIDE MANAGEMENT SERVICES INCLUDING FINANCIAL AND ACCOUNTING SUPPORT SERVICES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS COMPLETED ANNUALLY AND COPIES ARE PROVIDED TO THE ENTIRE GOVERNING BOARD AS WELL AS THE PRESIDENT OF THE ORGANIZATION. AT THAT TIME THE PRESIDENT REVIEWS THE FORM 990 WITH THE BOARD MEMBERS. ANY NECESSARY CHANGES ARE THEN UPDATED ON THE FORM. ONCE ALL NECESSARY CHANGES ARE MADE AND THE PRESIDENT IS IN AGREEMENT WITH THE BOARD MEMBERS ON THE FINISHED FORM 990, IT IS SIGNED BY THE PRESIDENT, DATED AND SUBMITTED BY THE FILING DEADLINE. A COPY OF THE APPROVED FORM 990 IS PROVIDED TO ALL OF THE OFFICERS, DIRECTORS AND TRUSTEES BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION PROMULGATES ITS CONFLICT OF INTEREST POLICY TO ASSURE CONTINUED COMMITMENT TO THE INTEGRITY OF ITS EXEMPT PURPOSE. TO PROVIDE ENFORCEMENT OF THE POLICY, A WRITTEN DISCLOSURE OF THE POLICY IS DISTRIBUTED TO THE EMPLOYEES AND BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE OFFICERS OF THE ORGANIZATION ARE PAID BY A RELATED PARTY, FOUNDATION HEALTH SERVICES. THE COMPENSATION OF THE OFFICERS IS REVIEWED AND APPROVED BY INDEPENDENT COMPENSATION COMMITTEE OF THE ORGANIZATION, MADE UP OF INDEPENDENT BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE, UPON IN-PERSON VERBAL OR WRITTEN REQUEST, DOCUMENTS RELATING TO THE GOVERNANCE, CONFLICTS OF INTEREST AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 4,903,218. MANAGEMENT AND GENERAL EXPENSES 937,774. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,840,992. FOUNDATION HEALTH SERVICES INC PO BOX 40213 BATON ROUGE LA 70835 581745788 HEALTHCARE LA 501(C)(3) LINE 11 N/A 0 BLUEBONNET HEALTHCARE INC PO BOX 40018 BATON ROUGE LA 70825 721187099 HEALTHCARE LA 501(C)(3) LINE 11 FHS 1 CARROLLWOOD HEALTH FOUNDATION INC PO BOX 40018 BATON ROUGE LA 70825 721241847 FINANCIAL SERVICES/HEALTHCARE FL 501(C)(3) LINE 12B, II FHS 1 MV NATCHEZ PO BOX 40018 BATON ROUGE LA 70825 932921489 HEALTHCARE LA 501(C)(3) LINE 11 FHS 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0