STRATEGY STUDIO / PUBLIC DATA EXPLORER

CHILDRENS MEDICAL CENTER: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
CHILDRENS MEDICAL CENTER (EIN 04-1174680)
Tax period
2022-10-01 to 2023-09-30
Filed
2024-08-15
IRS object ID
202402289349304200
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-08-15T17:58:26-05:00ReturnTs
Tax Period End2023-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN346565596PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Ernst & Young LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11 Manhattan WestAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10001ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN041174680EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Children's Medical Center CorporationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHILBusinessNameControlTxt
Phone6173556000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 Longwood AvenueAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02115ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDoug VanderslicePersonNm
Person TitleEVP, CFO & TreasurerPersonTitleTxt
Phone6173556000PhoneNum
Signature2024-08-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNicole SokolowskiPreparerPersonNm
PTINP01683199PTIN
Phone2127733000PhoneNum
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKevin B Churchwell MDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 Longwood AvenueAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02115ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,138,726,866GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1869FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionHolds & manages investments for Children's Hospital Corp. and its affiliated organizations.ActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee1118TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$3,701,666TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$3,700,666NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$10,512,920PYContributionsGrantsAmt
CY Contributions Grants$307,115CYContributionsGrantsAmt
PY Program Service Revenue$151,500,524PYProgramServiceRevenueAmt
CY Program Service Revenue$167,276,902CYProgramServiceRevenueAmt
PY Investment Income$110,095,923PYInvestmentIncomeAmt
CY Investment Income$100,405,271CYInvestmentIncomeAmt
PY Other Revenue$6,854,281PYOtherRevenueAmt
CY Other Revenue$17,938,056CYOtherRevenueAmt
PY Total Revenue$278,963,648PYTotalRevenueAmt
CY Total Revenue$285,927,344CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$136,999,737PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$142,965,650CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$92,621,070PYOtherExpensesAmt
CY Other Expenses$84,445,880CYOtherExpensesAmt
PY Total Expenses$229,620,807PYTotalExpensesAmt
CY Total Expenses$227,411,530CYTotalExpensesAmt
PY Revenues Less Expenses$49,342,841PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$58,515,814CYRevenuesLessExpensesAmt
Total Assets BOY$3,898,375,653TotalAssetsBOYAmt
Total Assets EOY$3,509,403,727TotalAssetsEOYAmt
Total Liabilities BOY$2,972,644,634TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,468,156,535TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$925,731,019NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,041,247,192NetAssetsOrFundBalancesEOYAmt
MissionTo operate exclusively for the benefit of The Children's Hospital Corporation and its affiliated organizations in the conduct of their charitable, educational and scientific functions.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$50,942,316ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescChildren's Medical Center Corporation holds and manages investments exclusively for the benefit of Children's Hospital Corporation and its affiliated organizations to support the advancement of the knowledge and practice of, and education and research in, medicine, surgery, nursing and all other subjects relating to the care, treatment and healing of infants, children, adolescents and young adults, and to improve the health and welfare of all such persons.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$140,521,273ExpenseAmt
Grant$0GrantAmt
Revenue$167,276,902RevenueAmt
DescPatient care - Activity from Boston Children's Health Physicians, LLP, a fully integrated health care community that provides pediatric physician inpatient and outpatient care to patients throughout the New York Metropolitan Area, the Hudson Valley, Connecticut and New Jersey.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$191,463,589TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1118EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members18GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Doug Vanderslice - CFOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6173556000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 Longwood AvenueAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02115ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (43 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Kevin Churchwell MD
President & CEO5.0056.00Yes (X)Yes (X)$0$3,239,502$125,802
Douglas Berthiaume
Director - Chairman5.005.00Yes (X)$0$0$0
Allan Bufferd
Director1.001.00Yes (X)$0$0$0
Winston Henderson
Director1.001.00Yes (X)$0$0$0
Ivor Horn
Director1.001.00Yes (X)$0$0$0
Stephen Karp
Director1.001.00Yes (X)$0$0$0
Steven Krichmar
Director1.001.00Yes (X)$0$0$0
Robert Langer
Director1.001.00Yes (X)$0$0$0
Vivian Lee
Director1.001.00Yes (X)$0$0$0
Harvey Lodish PhD
Director1.001.00Yes (X)$0$0$0
Gary Loveman
Director1.001.00Yes (X)$0$0$0
Ralph C Martin
Director1.001.00Yes (X)$0$0$0
Thomas Melendez
Director1.001.00Yes (X)$0$0$0
Ted Pappendick
Director1.001.00Yes (X)$0$0$0
Kathleen Regan
Director1.001.00Yes (X)$0$0$0
Robert A Smith
Director - Vice Chair2.002.00Yes (X)$0$0$0
Alison Taunton-Rigby PhD
Director1.001.00Yes (X)$0$0$0
Lisa Wieland
Director1.001.00Yes (X)$0$0$0
Marc B Wolpow
Director (thru 1/30/23)1.001.00Yes (X)$0$0$0
Doug Vanderslice
EVP, CFO & Treasurer5.0057.00Yes (X)$0$1,981,768$75,202
Michele Garvin Esq
EVP, General Counsel & Secretary5.0056.00Yes (X)$0$1,698,464$45,408
Bruce Balter
Asst Treasurer/Dir Corp Fin Svcs5.0055.00Yes (X)$0$308,881$50,814
Christine Grenache
Asst Sec/Exec Manager5.0055.00Yes (X)$0$153,097$17,051
Philip Rotner
Chief Investment Officer5.0055.00$0$1,872,096$63,954Yes (X)
Peter Laussen MD
EVP, Health Affairs5.0055.00$0$1,328,408$71,939Yes (X)
Laura J Wood DNP MS RN
EVP, Patient Care & Chief Nursing Officer5.0055.00$0$979,803$67,559Yes (X)
Demosthenes Argys
EVP, Chief Administrative Officer5.0055.00$0$1,066,845$48,780Yes (X)
Lynn Susman
EVP, Chief Development Officer5.0055.00$0$841,364$60,504Yes (X)
Lisa Hogarty
SVP, RE Planning and Develop5.0055.00$0$769,371$49,075Yes (X)
Michael Gillespie
SVP, Clinical Services5.0055.00$0$635,382$48,689Yes (X)
Patricia Hickey PhD MBA RN NEA-BC
SVP, Nursing/Patient Care5.0055.00$0$712,979$44,687Yes (X)
August Cervini
SVP, Research Administration5.0055.00$0$541,091$46,172Yes (X)
Nancy Andrews
EVP, Chief Scientific Officer5.0055.00$0$1,844,614$68,056Yes (X)
Heather Nelson
SVP, Chief Information Officer5.0055.00$0$836,528$45,726Yes (X)
Joseph Mitchell
EVP & President, Franciscan Children's Hospital5.0055.00$0$917,580$21,500Yes (X)
Steven Luber
SVP, Finance5.0055.00$0$588,349$10,437Yes (X)
Keith Ancona
Physician55.000.00$1,064,960$0$26,641Yes (X)
Kathleen Ennabi
Physician55.000.00$1,299,599$0$1,373Yes (X)
Adam Lerche
Physician55.000.00$1,033,877$0$17,545Yes (X)
Martin Kelly
Director, Investments5.0055.00$0$901,441$44,483Yes (X)
Alison Svizzero
Director, Investments5.0055.00$0$857,945$23,418Yes (X)
Sandra Fenwick
Former President & CEO0.000.00$0$958,796$0Yes (X)
Daniel Nigrin MD
Former SVP & CIO0.000.00$0$372,174$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,398,436TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$23,406,478TotReportableCompRltdOrgAmt
Total Other Compensation$1,074,815TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K237IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
NextGen Healthcare Inc
PO Box 809390ChicagoIL60680Medical billing services$7,569,065
Wolf Greenfield & Sacks PC
600 Atlantic AvenueBostonMA02210Legal services$2,371,975
Axispoint Technology Solutions Group In
One Penn PlazaNew YorkNY10119Information technology services$1,977,904
GeneDx Inc
333 Ludlow StreetStamfordCT06902Lab services$1,735,070
Nixon Peabody LLP
100 Summer StreetBostonMA02110Legal services$1,671,704
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K67CntrctRcvdGreaterThan100KCnt
All Other Contributions$307,115AllOtherContributionsAmt
Total Contributions$307,115TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPatient Svc RevenueDesc
Business621110BusinessCd
Total Revenue Column$167,276,902TotalRevenueColumnAmt
Related Or Exempt Func Income$167,276,902RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$167,276,902TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$39,712,516TotalRevenueColumnAmt
Unrelated Business Revenue$3,701,666UnrelatedBusinessRevenueAmt
Exclusion$36,010,850ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,010,066TotalRevenueColumnAmt
Exclusion$16,010,066ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$29,390RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$29,390RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,390TotalRevenueColumnAmt
Exclusion$29,390ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$913,492,277SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$852,714,762SecuritiesAmt
Other$84,760OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$60,777,515SecuritiesAmt
Other-$84,760OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$60,692,755TotalRevenueColumnAmt
Exclusion$60,692,755ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOther General SvcsDesc
Business900099BusinessCd
Total Revenue Column$1,898,600TotalRevenueColumnAmt
Exclusion$1,898,600ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,898,600OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$285,927,344TotalRevenueColumnAmt
Related Or Exempt Func Income$167,276,902RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$3,701,666UnrelatedBusinessRevenueAmt
Exclusion$114,641,661ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$120,946,006TotalAmt
Program Services$105,295,593ProgramServicesAmt
Management And General$15,650,413ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,434,371TotalAmt
Program Services$1,248,763ProgramServicesAmt
Management And General$185,608ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$14,169,866TotalAmt
Program Services$12,336,285ProgramServicesAmt
Management And General$1,833,581ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$6,415,407TotalAmt
Program Services$5,585,253ProgramServicesAmt
Management And General$830,154ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$604,089TotalAmt
Program Services$525,920ProgramServicesAmt
Management And General$78,169ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$8,052,779TotalAmt
Program Services$7,010,749ProgramServicesAmt
Management And General$1,042,030ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$3,989,136TotalAmt
Management And General$3,989,136ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$16,502,776TotalAmt
Program Services$14,367,317ProgramServicesAmt
Management And General$2,135,459ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,208,305TotalAmt
Program Services$3,663,750ProgramServicesAmt
Management And General$544,555ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,437,929TotalAmt
Program Services$9,957,861ProgramServicesAmt
Management And General$1,480,068ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,427,964TotalAmt
Program Services$3,854,985ProgramServicesAmt
Management And General$572,979ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$3,500,970TotalAmt
Management And General$3,500,970ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$7,044,711TotalAmt
Program Services$6,133,125ProgramServicesAmt
Management And General$911,586ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$733,457TotalAmt
Program Services$638,548ProgramServicesAmt
Management And General$94,909ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$228,662TotalAmt
Program Services$199,073ProgramServicesAmt
Management And General$29,589ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,300,924TotalAmt
Program Services$2,003,184ProgramServicesAmt
Management And General$297,740ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,047,099TotalAmt
Program Services$1,782,204ProgramServicesAmt
Management And General$264,895ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,677,004TotalAmt
Program Services$3,201,200ProgramServicesAmt
Management And General$475,804ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescLab/Medical/PharmacyDesc
Total$15,690,075TotalAmt
Program Services$13,659,779ProgramServicesAmt
Management And General$2,030,296ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$227,411,530TotalAmt
Program Services$191,463,589ProgramServicesAmt
Management And General$35,947,941ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$101,073,950BOYAmt
EOY$52,697,687EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$17,881,405BOYAmt
EOY$15,855,695EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$70,000BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$17,767,722BOYAmt
EOY$20,317,734EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,524,038BOYAmt
EOY$1,372,739EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$13,366,420BOYAmt
EOY$11,121,268EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$74,461,307LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$35,031,812LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$35,233,449BOYAmt
EOY$39,429,495EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$465,945,412BOYAmt
EOY$755,885,045EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$3,170,553,497BOYAmt
EOY$2,510,663,461EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$43,078,840BOYAmt
EOY$42,889,503EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$18,582,169EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$31,880,920BOYAmt
EOY$40,588,931EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,898,375,653BOYAmt
EOY$3,509,403,727EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$48,492,496BOYAmt
EOY$42,681,205EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$51,532,583BOYAmt
EOY$44,007,923EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,872,619,555BOYAmt
EOY$2,381,467,407EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,972,644,634BOYAmt
EOY$2,468,156,535EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$925,731,019BOYAmt
EOY$1,041,247,192EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$925,731,019BOYAmt
EOY$1,041,247,192EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,898,375,653BOYAmt
EOY$3,509,403,727EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$58,515,814ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$141,880,405NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$84,880,046OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type2Yes (X)SupportingOrgType2Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Children's Hospital CorporationBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN042774441EIN
Organization Type3OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$59,399,539SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$59,399,539SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd
FieldValueIRS element (for citing)
Majority Dir Trst Supported OrgYes (1)MajorityDirTrstSupportedOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,031,563,000BeginningYearBalanceAmt
Contributions$4,535,100ContributionsAmt
Investment Earnings Or Losses$82,632,000InvestmentEarningsOrLossesAmt
Other Expenditures$666,001,000OtherExpendituresAmt
End Year Balance$452,729,100EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,407,866,000BeginningYearBalanceAmt
Contributions$118,000ContributionsAmt
Investment Earnings Or Losses-$160,100,000InvestmentEarningsOrLossesAmt
Other Expenditures$216,321,000OtherExpendituresAmt
End Year Balance$1,031,563,000EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,299,461,000BeginningYearBalanceAmt
Contributions$48,009,000ContributionsAmt
Investment Earnings Or Losses$255,372,000InvestmentEarningsOrLossesAmt
Other Expenditures$194,976,000OtherExpendituresAmt
End Year Balance$1,407,866,000EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,122,196,000BeginningYearBalanceAmt
Contributions$136,469,000ContributionsAmt
Investment Earnings Or Losses$88,751,000InvestmentEarningsOrLossesAmt
Other Expenditures$47,955,000OtherExpendituresAmt
End Year Balance$1,299,461,000EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,163,369,000BeginningYearBalanceAmt
Contributions$16,522,000ContributionsAmt
Investment Earnings Or Losses$51,492,000InvestmentEarningsOrLossesAmt
Other Expenditures$109,187,000OtherExpendituresAmt
End Year Balance$1,122,196,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$42,866,462OtherCostOrOtherBasisAmt
Depreciation$11,096,750DepreciationAmt
Book Value$31,769,712BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$20,019,210OtherCostOrOtherBasisAmt
Depreciation$17,832,558DepreciationAmt
Book Value$2,186,652BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,575,635OtherCostOrOtherBasisAmt
Depreciation$6,102,504DepreciationAmt
Book Value$5,473,131BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$39,429,495TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescLimited PartnershipsDesc
Book Value$2,510,663,461BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$2,510,663,461TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDescAmtAmt
Funds Held for Others$689,670
Due to Affiliates (Net)$2,328,905,447
Reserve for Medical Malpractice$5,959,900
Line of Credit NP$4,982,000
Operating Lease Liability$14,711,173
Malpractice Unpaid Loss$26,219,217
FieldValueIRS element (for citing)
Total Liability$2,381,467,407TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part V, Line 4:The Children's Medical Center's investment and spending policies for endowment assets are intended to provide a predictable stream of funding to support Children's Hospital's missions in pediatric patient care, education, research, and community programs.
Part V, line 1bThe contribution line is comprised of net asset reclassifications of $93,000.
Part X, Line 2There is no FIN48/ASC740 footnote in the organization's audited financial statements.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Sub-Saharan Africa00Investments$123,801,314
Central America and the Caribbean00Investments$791,733,320
Europe00Investments$59,573,129
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$975,107,763SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$975,107,763TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart III Accounting Method:FormAndLineReferenceDesc

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (25 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Kevin Churchwell MD
President & CEO$0$1,548,242$0$1,160,000$0$531,260$0$24,400$0$101,402$0$3,365,304$0$0
Doug Vanderslice
EVP, CFO & Treasurer$0$885,183$0$754,720$0$341,865$0$27,450$0$47,752$0$2,056,970$0$0
Philip Rotner
Chief Investment Officer$0$839,174$0$835,000$0$197,922$0$27,450$0$36,504$0$1,936,050$0$0
Nancy Andrews
EVP, Chief Scientific Officer$0$793,548$0$920,000$0$131,066$0$24,400$0$43,656$0$1,912,670$0$0
Michele Garvin Esq
EVP, General Counsel & Secretary$0$770,048$0$771,250$0$157,166$0$24,400$0$21,008$0$1,743,872$0$0
Peter Laussen MD
EVP, Health Affairs$0$840,739$0$328,688$0$158,981$0$30,500$0$41,439$0$1,400,347$0$0
Kathleen Ennabi
Physician$1,282,125$0$0$0$17,474$0$1,373$0$0$0$1,300,972$0$0$0
Demosthenes Argys
EVP, Chief Administrative Officer$0$726,371$0$217,500$0$122,974$0$27,450$0$21,330$0$1,115,625$0$0
Keith Ancona
Physician$1,064,120$0$0$0$840$0$1,680$0$24,961$0$1,091,601$0$0$0
Adam Lerche
Physician$1,032,869$0$0$0$1,008$0$1,957$0$15,588$0$1,051,422$0$0$0
Laura J Wood DNP MS RN
EVP, Patient Care & Chief Nursing Of$0$659,158$0$199,875$0$120,770$0$27,450$0$40,109$0$1,047,362$0$0
Sandra Fenwick
Former President & CEO$0$0$0$0$0$958,796$0$0$0$0$0$958,796$0$958,796
Martin Kelly
Director, Investments$0$476,080$0$423,003$0$2,358$0$24,400$0$20,083$0$945,924$0$0
Joseph Mitchell
EVP & President, Franciscan Children$0$651,949$0$265,001$0$630$0$21,500$0$0$0$939,080$0$0
Lynn Susman
EVP, Chief Development Officer$0$565,618$0$172,500$0$103,246$0$33,550$0$26,954$0$901,868$0$0
Heather Nelson
SVP, Chief Information Officer$0$592,174$0$150,000$0$94,354$0$15,300$0$30,426$0$882,254$0$0
Alison Svizzero
Director, Investments$0$456,781$0$400,503$0$661$0$21,350$0$2,068$0$881,363$0$0
Lisa Hogarty
SVP, RE Planning and Develop$0$501,758$0$176,920$0$90,693$0$21,350$0$27,725$0$818,446$0$0
Patricia Hickey PhD MBA RN NEA-BC
SVP, Nursing/Patient Care$0$517,987$0$125,006$0$69,986$0$36,600$0$8,087$0$757,666$0$0
Michael Gillespie
SVP, Clinical Services$0$447,940$0$112,500$0$74,942$0$27,450$0$21,239$0$684,071$0$0
Steven Luber
SVP, Finance$0$385,419$0$100,875$0$102,055$0$3,050$0$7,387$0$598,786$0$0
August Cervini
SVP, Research Administration$0$383,761$0$96,450$0$60,880$0$21,350$0$24,822$0$587,263$0$0
Daniel Nigrin MD
Former SVP & CIO$0$0$0$0$0$372,174$0$0$0$0$0$372,174$0$372,174
Bruce Balter
Asst Treasurer/Dir Corp Fin Svcs$0$286,726$0$18,728$0$3,427$0$36,600$0$14,214$0$359,695$0$0
Christine Grenache
Asst Sec/Exec Manager$0$136,813$0$16,000$0$284$0$9,359$0$7,692$0$170,148$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 4bFormAndLineReferenceDesc
ExplanationChildren's Hospital Corporation, a related organization, made contributions to the supplemental non-qualified retirement plan for the individuals listed below. Contribution amounts are generally based on a percentage of compensation. Participants of the supplemental executive retirement plan are fully vested. All payments with respect to a participant's separation from service will be made in a single sum following the separation from service unless participant has elected to receive the accrued interest portion of his or her account in three annual installments. Contributions were for Children's Hospital Corporation employee benefits and not for Children's Medical Center Corporation Director or Officer of the Board services and/or responsibilities. During calendar year 2022, Children's Hospital Corporation made contributions to the supplemental non-qualified reitrement plan for the individuals below: Kevin Churchwell, MD received a contribution of $456,800 Douglas Vanderslice received a contribution of $242,524 Philip Rotner received a contribution of $171,716 Nancy Andrews received a contribution of $80,300 Michele Garvin received a contribution of $120,044 Peter Laussen, MD received a contribution of $125,228 Laura Wood received a contribution of $88,568 Demosthenes Argys received a contribution of $90,528 Lynn Susman received a contribution of $74,047 Lisa Hogarty received a contribution of $59,370 Patricia Hickey received a contribution of $42,500 Michael Gillespie received a contribution of $47,209 Steven Luber received a contribution of $30,726 August Cervini received a contribution of $36,732 During calendar year 2022, the following individuals received supplemental executive retirement plan distributions from Children's Hospital Corporation: Sandra Fenwick received a distribution of $958,796 Daniel Nigrin received a distribution of $372,174ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 6The Members of the Corporation shall be the persons serving from time to time as the Directors of the Corporation.
Form 990, Part VI, Section A, line 7aThe Members of the Corporation shall be the persons serving from time to time as the Directors of the Corporation. The Board of Directors shall consist of not less than thirteen nor more than seventeen independent persons plus the following: (a) the Chief Executive Officer; (b) the Chief Operating Officer and (c) up to six additional senior leaders of the Parent or its affiliates, who shall serve ex officio without vote (the "Ex Officio Officers"). The number of such Ex Officio Officers, their terms of office and the nominees for such Ex Officio Officers shall be recommended by the Nominating and Governance Committee, taking into account changes from time to time in the roles and titles of such senior leaders of the Parent and/or its affiliates; provided however, that at least two-thirds of such positions shall be allocated to leaders who are physicians or scientists. At all times at least a majority of the members of the Board of Directors shall consist of independent persons. At least one member of the lay directors shall be selected from the lay members of the Trust board. The members of the Board of Directors shall be elected by the directors then in office.
Form 990, Part VI, Section B, line 11bThe Form 990 tax return was prepared by the organization's staff and reviewed by management (including the President & Chief Executive Officer, Treasurer and Chief Financial Officer, Secretary and General Counsel and other relevant departments of the organization), along with the outside accounting firm of Ernst & Young, LLP. The Form 990 tax return was then presented to the Children's Medical Center and affiliates' Audit & Compliance Committee. Also, a copy was made available to the Board prior to filing.
Form 990, Part VI, Section B, line 12cChildren's Medical Center Corporation adopts the Conflict of Interest Policy in the form adopted and maintained by the Children's Hospital Corporation, as from time to time in effect. The Hospital's Conflict of Interest and Commitment policy applies to all directors, Trust Board members, members of the medical or research staff, faculty, fellow, resident, student, visiting faculty or scientist, consultant, volunteers and employees of the Hospital. Directors, chiefs of service and division chiefs, senior directors and others who exercise influence over important strategic, business and purchasing decisions of the Hospital are required to complete an annual conflict of interest disclosure questionnaire about their financial interests and outside activities. If an expected questionnaire is not returned, the Compliance Officer notifies the individual's supervisor or the CEO or COO, and repeated requests for the completed questionnaire are made until the questionnaire is completed. Responses are reviewed by the Compliance Officer and any potential conflicts are discussed with the Office of General Counsel and/or the individual's supervisor; any actual or potential conflicts are managed by termination of the conflict, management of the conflict, recusal, disclosure, review, or a combination thereof. Outside interests and outside activities may be permitted as long as the Hospital, Medical Center or Trust determines that such interests and activities are consistent with the policies of the Hospital, Medical Center or Trust and the Hospital, Medical Center or Trust Board member, medical staff member or employee involved does the following: 1. discloses the fact that he/she has a financial interest or a consultative role in or with a person or company with which the Hospital, Medical Center or Trust is doing or is thinking of doing business; and 2. refrains from voting or exercising any personal influence whatsoever in the selection of a person or company to do business with the Hospital, Medical Center or Trust with whom or in which he/she has a financial interest or a consultative role; and 3. avoids any active participation in any financial negotiations between the Hospital, Medical Center or Trust and the person or company with whom or in which he/she has a financial interest or consultative role; and 4. does not permit such outside interests or activities to absorb such amounts of his/her time and effort as to make it impractical for them to fulfill their assigned responsibilities at the Hospital, Medical Center or Trust; and 5. does not permit such outside interests or activities to compromise or appear to compromise the name or reputation of the Hospital, Medical Center or Trust.
Form 990, Part VI, Section B, line 15Children's Hospital Corporation was granted authorization to act as pay agent on behalf of Children's Medical Center Corporation, Federal I.D. # 04-1174680. Top management officials at Children's Medical Center Corporation are the same as Children's Hospital Corporation. The Hospital/Children's Medical Center has a board level compensation committee that annually reviews and approves the compensation for the following individuals: President & Chief Executive Officer Executive Vice President, Enterprise Services, System Chief Financial Officer Executive Vice President & Chief Scientific Officer Executive Vice President, System General Counsel, Chief of Staff Executive Vice President, Health Affairs Executive Vice President, Hospital, Satellite & Ambulatory Operations; Chief Culture Officer Executive Vice President, Patient Care Operations & System Chief Nursing Officer Executive Vice President & President, Boston Children's Hospital Trust, Chief Development Officer Executive Vice President, Chief Human Resources Officer Chief Investment Officer Senior Vice President & Chief Information Officer Senior Vice President, National and International Services Senior Vice President, Real Estate Planning & Development Senior Vice President, Clinical Operations Senior Vice President, Research Administration Senior Vice President, Support Services Senior Vice President, Finance Vice President, Government Relations Vice President, Chief Marketing Officer The committee is comprised of members of the board who are not employed by the organization, and no member may participate in the review and approval of compensation if the member has a conflict of interest with respect to that compensation arrangement. The committee relies on data, provided by an independent compensation consultant, which includes comparable compensation for similarly qualified persons, in functionally comparable positions, at similarly situated organizations. The deliberations and decisions of the committee are documented in minutes of the meeting.
Form 990, Part VI, Section C, line 19Children's Medical Center Corporation adopts the Code of Conduct, the Conflict of Interest Policy, and the Compliance Manual in the form adopted and maintained by the Children's Hospital Corporation, as from time to time in effect. Children's Hospital posts its Code of Conduct (which incorporates the Conflict of Interest Policy) and its Compliance Manual (which includes a summary of the Conflict of Interest Policy) on its external website and these are also available from the Compliance Office or the Office of General Counsel. Governing documents are not posted publicly but are available from the Hospital upon request and are also filed with the Massachusetts Secretary of State, where they are available to the public. Audited financial statements are filed annually with the Massachusetts Office of the Attorney General as part of the Hospital's Form PC filing and are available from the organization upon request. Quarterly financial statements are filed with the Hospital's bond trustee and are available to the public through the Electronic Municipal Market Access (EMMA) website maintained by the Municipal Securities Rulemaking Board.
Form 990, Part XI, line 9:Net Transfer of Funds/Support for Children's Hospital & Affiliates -84,880,046.
Form 990, Part IV, line 2 & Part V, line 7Children's Medical Center Corporation raises funds on behalf of Children's Hospital Corporation (Fed ID 04-2774441). Contributions and fundraising expenses related to this activity are recorded on the books of the Children's Hospital Corporation.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (16 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
Children's Waltham Medical Center LLC
300 Longwood AvenueBostonMA02115202076874Real Estate HoldingsMA$0$0Children's Medical Center Corporation
Children's One Brookline Place LLC
One Brookline PlaceBrooklineMA02445205850015Real Estate HoldingsMA$10,950,531$62,081,479Children's Hospital Corporation
Children's Five Brookline Place LLC
Five Brookline PlaceBrooklineMA02445205850117Real Estate HoldingsMA$477,322$2,954,307Children's Hospital Corporation
Children's Brookline Place LLC
2-4 Brookline PlaceBrooklineMA02445261523020Real Estate HoldingsMA$0$0Children's Hospital Corporation
Children's Westland LLC
300 Longwood AvenueBostonMA02115262904847InactiveMA$0$0Longwood Research Institute Inc
CarePlex LLC
300 Longwood AvenueBostonMA02115472258145InactiveMA$0$0Children's Medical Center Corporation
Boston Children's Health Physicians LLP
40 Sunshine Cottage RoadValhallaNY10595133956599HealthcareNY$168,536,384$94,685,885Children's Medical Center Corporation
BCH Washington Street LLC
300 Longwood AvenueBostonMA02115814382781Real Estate HoldingsMA$0$0Children's Hospital Corporation
BCH Pearl Street LLC
300 Longwood AvenueBostonMA02115814393086Real Estate HoldingsMA$0$0Children's Hospital Corporation
BCH Brookline Ave LLC
300 Longwood AvenueBostonMA02115814457294Real Estate HoldingsMA$0$0Children's Hospital Corporation
Boston Children's Health International LLC
300 Longwood AvenueBostonMA02115814377341International ActivitiesMA$0$0Children's Medical Center Corporation
BCH 819 Beacon Street LLC
300 Longwood AvenueBostonMA02115814382691Real Estate HoldingsMA$1,976,400$6,269,980Longwood Research Institute Inc
Boston Children's Health Accountable Care LLC
300 Longwood AvenueBostonMA02115300991601Accountable CareMA$20,986,997$9,650,186Children's Hospital Corporation
BCD Hospital Energy Collaborative LLC
300 Longwood AvenueBostonMA02115821711826Hospital EnergyMA$0$0Children's Hospital Corporation
Boston Children's Health Solutions RX LLC
300 Longwood AvenueBostonMA02115861408128Specialty PharmacyMA$20,981,197$5,613,446Children's Hospital Corporation
Boston Children's Health National LLC
300 Longwood AvenueBostonMA02115933063006HealthcareMA$0$0Children's Medical Center Corporation

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
Children's Hospital Corporation
300 Longwood AvenueBostonMA02115042774441Pediatric health care, education and researchMA501(c)(3)Line 3Children's Medical Center CorporationYes (1)
Longwood Research Institute Inc
300 Longwood AvenueBostonMA02115042781368Medical & scientific research; holds real estate investmentsMA501(c)(3)Line 12c, III-FIChildren's Medical Center CorporationYes (1)
CHB Properties Inc
300 Longwood AvenueBostonMA02115043323330Holds & manages satellite ambulatory centers; real estate investmentsMA501(c)(3)Line 10Children's Medical Center CorporationYes (1)
New England Congenital Cardiology Research Foundation
300 Longwood AvenueBostonMA02115800368043Improve patient safety & quality for children w/ heart diseaseMA501(c)(3)Line 7Children's Hospital CorporationYes (1)
Blood Research Institute Inc
300 Longwood AvenueBostonMA02115043136318Owning & Leasing Real EstateMA501(c)(3)Line 12c, III-FIChildren's Medical Center CorporationYes (1)
Boston Children's Network Specialty Physicians Inc
300 Longwood AvenueBostonMA02115881343469Health CareMA501(c)(3)Line 10Children's Hospital CorporationYes (1)
Franciscan Hospital for Children Inc
30 Warren StreetBrightonMA02135042156082Pediatric rehabilitation and behavioral healthMA501(c)(3)Line 3Children's Medical Center CorporationYes (1)
Children's Hospital League Corporation
300 Longwood AvenueBostonMA02115042780811FundraisingMA501(c)(3)Line 7Children's Hospital Corporation0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationIndAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEIN
Charitable Remainder Trusts (6)
Remainder TrustMAChildren's Medical Center CorporationT0
Franciscan Pediatrics Inc
HealthcareMAFranciscan Hospital for Children IncC030 Warren StreetBrightonMA02135043160358
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
Children's Hospital Corporation
A$61,251FMV
Children's Hospital Corporation
P$1,924,900FMV
Children's Hospital Corporation
R$3,562,912,859FMV
Children's Hospital Corporation
S$3,172,076,743FMV
CHB Properties Inc
S$4,000,000FMV