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CHILDRENS MEDICAL CENTER: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CHILDRENS MEDICAL CENTER (EIN 04-1174680)
Tax period
2023-10-01 to 2024-09-30
Filed
2025-08-13
IRS object ID
202502259349302315
Schema version
2023v6.0
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)
Return2025-08-13T14:13:55-05:00ReturnTs
Tax Period End2024-09-30TaxPeriodEndDt

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 Begin2023-10-01TaxPeriodBeginDt

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
Signature2025-08-12SignatureDt
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)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

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$868,896,051GrossReceiptsAmt
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 Body19VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee1167TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI-$2,400,010TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$236,385NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$307,115PYContributionsGrantsAmt
CY Contributions Grants$374,302CYContributionsGrantsAmt
PY Program Service Revenue$167,276,902PYProgramServiceRevenueAmt
CY Program Service Revenue$172,041,140CYProgramServiceRevenueAmt
PY Investment Income$100,405,271PYInvestmentIncomeAmt
CY Investment Income$139,676,256CYInvestmentIncomeAmt
PY Other Revenue$17,938,056PYOtherRevenueAmt
CY Other Revenue$26,275,932CYOtherRevenueAmt
PY Total Revenue$285,927,344PYTotalRevenueAmt
CY Total Revenue$338,367,630CYTotalRevenueAmt
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$142,965,650PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$157,912,392CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$84,445,880PYOtherExpensesAmt
CY Other Expenses$77,988,012CYOtherExpensesAmt
PY Total Expenses$227,411,530PYTotalExpensesAmt
CY Total Expenses$235,900,404CYTotalExpensesAmt
PY Revenues Less Expenses$58,515,814PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$102,467,226CYRevenuesLessExpensesAmt
Total Assets BOY$3,509,403,727TotalAssetsBOYAmt
Total Assets EOY$3,882,179,980TotalAssetsEOYAmt
Total Liabilities BOY$2,468,156,535TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,335,944,070TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,041,247,192NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,546,235,910NetAssetsOrFundBalancesEOYAmt
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$50,525,390ExpenseAmt
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$140,891,366ExpenseAmt
Grant$0GrantAmt
Revenue$172,041,140RevenueAmt
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$191,416,756TotalProgramServiceExpensesAmt
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
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document1616IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1167EmployeeCnt
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 Members19GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
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 - Treasurer & 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 (46 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 & CEO5.0055.00Yes (X)Yes (X)$0$3,062,633$135,259
Douglas Berthiaume
Director - Chairperson5.005.00Yes (X)Yes (X)$0$0$0
Allan Bufferd
Director1.001.00Yes (X)$0$0$0
Winston Henderson
Director1.001.00Yes (X)$0$0$0
Ivor Horn MD
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 ScD
Director1.001.00Yes (X)$0$0$0
Vivian Lee MD
Director1.001.00Yes (X)$0$0$0
Harvey Lodish PhD
Director1.001.00Yes (X)$0$0$0
Gary Loveman MD
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)Yes (X)$0$0$0
Alison Taunton-Rigby PhD
Director1.001.00Yes (X)$0$0$0
Lisa Wieland
Director1.001.00Yes (X)$0$0$0
James Mandell MD
Director1.001.00Yes (X)$0$0$0
Doug Vanderslice
EVP, CFO & Treasurer5.0055.00Yes (X)$0$1,604,073$80,122
Bruce Balter
Asst Treasurer/Dir Corp Fin5.0055.00Yes (X)$0$315,669$54,758
Rob Graham
Asst Secretary/Sr Dr Ent Comm (BEGIN TERM 7/1/24)5.0055.00Yes (X)$0$0$0
Christine Grenache
Asst Sec/Exec Manager (END TERM 6/30/24)5.0055.00Yes (X)$148,571$0$18,155
Christopher Viney JD
EVP, General Counsel & Sec5.0055.00Yes (X)$0$174,862$20,376
Philip Rotner
Chief Investment Officer5.0055.00$0$1,976,654$67,747Yes (X)
Peter Laussen MD
EVP, Health Affairs5.0055.00$0$1,255,547$93,916Yes (X)
Michele Garvin Esq
EVP, Chief of Staff5.0055.00$0$1,201,614$53,172Yes (X)
Laura J Wood DNP MS RN
EVP, Chief Nursing Officer5.0055.00$0$1,005,064$74,650Yes (X)
Demosthenes Argys
EVP, Hospital Chief Operating Officer, CCO5.0055.00$0$1,085,881$51,848Yes (X)
Lynn Susman
EVP, Chief Development Off5.0055.00$0$973,008$65,718Yes (X)
Lisa Hogarty
SVP, RE Planning and Devel5.0055.00$0$779,598$56,590Yes (X)
Michael Gillespie
SVP, Clinical Services5.0055.00$0$639,424$52,482Yes (X)
Patricia Hickey PhD MBA RN NEA-BC
SVP, Nursing/Patient Care5.0055.00$0$783,148$48,968Yes (X)
August Cervini
SVP, Research Administration5.0055.00$0$545,881$50,152Yes (X)
Heather Nelson
SVP, Chief Information Off5.0055.00$0$846,498$52,926Yes (X)
Joseph A Mitchell MD
EVP & President, Franciscan's5.0055.00$0$1,068,859$128,100Yes (X)
Nancy Andrews
EVP, Chief Scientific Officer5.0055.00$0$1,169,328$73,187Yes (X)
Steven Luber
SVP, Finance5.0055.00$0$663,304$29,388Yes (X)
Lisa Abbott
EVP, Chief Human Resources Officer5.0055.00$0$979,532$26,630Yes (X)
Martin Kelly
Director, Investments5.0055.00$0$863,256$48,759Yes (X)
Stacy Drury
Department Chief, Psychiatry5.0055.00$0$950,877$43,367Yes (X)
Kathleen Ennabi
Physician55.000.00$1,299,765$0$3,002Yes (X)
Keith Ancona
Physician55.000.00$1,151,815$0$10,492Yes (X)
Allen Dozor
Physician55.000.00$913,236$0$6,600Yes (X)
Sandra Fenwick
Former President & CEO0.000.00$0$939,289$0Yes (X)
Daniel Nigrin MD
Former SVP & CIO0.000.00$0$315,203$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,513,387TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$23,199,202TotReportableCompRltdOrgAmt
Total Other Compensation$1,346,364TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K257IndivRcvdGreaterThan100KCnt
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$7,628,998
Impact Advisors LLC
400 E Diehl RoadNapervilleIL60563Consulting services$2,809,337
Wolf Greenfield & Sacks PC
600 Atlantic AvenueBostonMA02210Legal services$2,734,254
Axispoint Technology Solutions Group In
One Penn PlazaNew YorkNY10119Information technology services$2,440,336
Nixon Peabody LLP
100 Summer StreetBostonMA02110Legal services$1,486,231
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K57CntrctRcvdGreaterThan100KCnt
All Other Contributions$374,302AllOtherContributionsAmt
Total Contributions$374,302TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPatient Svc RevenueDesc
Business621110BusinessCd
Total Revenue Column$172,041,140TotalRevenueColumnAmt
Related Or Exempt Func Income$172,041,140RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$172,041,140TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$40,947,266TotalRevenueColumnAmt
Unrelated Business Revenue-$2,400,010UnrelatedBusinessRevenueAmt
Exclusion$43,347,276ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,975,159TotalRevenueColumnAmt
Exclusion$8,975,159ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$4,368RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$4,368RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,368TotalRevenueColumnAmt
Exclusion$4,368ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$629,257,411SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$530,528,421SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$98,728,990SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$98,728,990TotalRevenueColumnAmt
Exclusion$98,728,990ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOther General SvcsDesc
Business900099BusinessCd
Total Revenue Column$17,296,405TotalRevenueColumnAmt
Exclusion$17,296,405ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$17,296,405OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$338,367,630TotalRevenueColumnAmt
Related Or Exempt Func Income$172,041,140RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$2,400,010UnrelatedBusinessRevenueAmt
Exclusion$168,352,198ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$132,064,139TotalAmt
Program Services$114,010,971ProgramServicesAmt
Management And General$18,053,168ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,234,747TotalAmt
Program Services$1,929,257ProgramServicesAmt
Management And General$305,490ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$16,548,809TotalAmt
Program Services$14,286,587ProgramServicesAmt
Management And General$2,262,222ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$7,064,697TotalAmt
Program Services$6,098,953ProgramServicesAmt
Management And General$965,744ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$644,260TotalAmt
Management And General$644,260ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$5,930,415TotalAmt
Management And General$5,930,415ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$4,079,859TotalAmt
Management And General$4,079,859ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$13,889,161TotalAmt
Program Services$11,990,513ProgramServicesAmt
Management And General$1,898,648ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,240,737TotalAmt
Program Services$1,934,428ProgramServicesAmt
Management And General$306,309ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$13,725,123TotalAmt
Program Services$11,848,899ProgramServicesAmt
Management And General$1,876,224ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,276,271TotalAmt
Program Services$3,691,705ProgramServicesAmt
Management And General$584,566ManagementAndGeneralAmt

Royalties RoyaltiesGrp

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

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$7,693,491TotalAmt
Program Services$6,641,791ProgramServicesAmt
Management And General$1,051,700ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$797,585TotalAmt
Program Services$688,555ProgramServicesAmt
Management And General$109,030ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$209,075TotalAmt
Program Services$180,494ProgramServicesAmt
Management And General$28,581ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,814,136TotalAmt
Program Services$1,566,144ProgramServicesAmt
Management And General$247,992ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,850,649TotalAmt
Program Services$2,460,965ProgramServicesAmt
Management And General$389,684ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Lab/medical/pharmacy$16,318,191$14,087,494$2,230,697$0
State tax expense$18,089$0$18,089

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$235,900,404TotalAmt
Program Services$191,416,756ProgramServicesAmt
Management And General$44,483,648ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$52,697,687BOYAmt
EOY$19,313,592EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$15,855,695BOYAmt
EOY$22,338,665EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$20,317,734BOYAmt
EOY$17,710,480EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,372,739BOYAmt
EOY$2,020,215EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$11,121,268BOYAmt
EOY$9,579,258EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$101,132,764LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$38,560,924LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$39,429,495BOYAmt
EOY$62,571,840EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$755,885,045BOYAmt
EOY$1,120,041,292EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$2,510,663,461BOYAmt
EOY$2,521,403,261EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$42,889,503BOYAmt
EOY$36,293,400EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$18,582,169BOYAmt
EOY$18,694,184EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$40,588,931BOYAmt
EOY$52,213,793EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,509,403,727BOYAmt
EOY$3,882,179,980EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$42,681,205BOYAmt
EOY$49,291,856EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$44,007,923BOYAmt
EOY$39,496,676EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,381,467,407BOYAmt
EOY$2,247,155,538EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,468,156,535BOYAmt
EOY$2,335,944,070EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,041,247,192BOYAmt
EOY$1,546,235,910EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,041,247,192BOYAmt
EOY$1,546,235,910EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,509,403,727BOYAmt
EOY$3,882,179,980EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$102,467,226ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$358,791,313NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$43,730,179OtherChangesInNetAssetsAmt
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$59,495,814SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$59,495,814SupportSumAmt
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$452,729,100BeginningYearBalanceAmt
Contributions$83,100ContributionsAmt
Investment Earnings Or Losses$271,751,300InvestmentEarningsOrLossesAmt
Other Expenditures$92,081,500OtherExpendituresAmt
End Year Balance$632,482,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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 Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

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
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$43,607,296OtherCostOrOtherBasisAmt
Depreciation$12,723,080DepreciationAmt
Book Value$30,884,216BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$21,384,952OtherCostOrOtherBasisAmt
Depreciation$18,666,794DepreciationAmt
Book Value$2,718,158BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$36,140,516OtherCostOrOtherBasisAmt
Depreciation$7,171,050DepreciationAmt
Book Value$28,969,466BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$62,571,840TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescLimited PartnershipsDesc
Book Value$2,521,403,261BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$2,521,403,261TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
Due to Affiliates (Net)$2,196,606,969
Reserve for Medical Malpractice$6,153,563
Operating Lease Liability$12,080,325
Malpractice Unpaid Loss$32,314,681
FieldValueIRS element (for citing)
Total Liability$2,247,155,538TotalLiabilityAmt

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 $83,100.
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$120,239,484
Central America and the Caribbean00Investments$819,844,211
Europe00Investments$81,165,240
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$1,021,248,935SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$1,021,248,935TotalSpentAmt
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

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 (27 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$1,575,560$0$927,675$0$559,398$0$29,700$0$105,559$0$3,197,892$0$0
Philip Rotner
Chief Investment Officer$0$867,348$0$876,800$0$232,506$0$29,700$0$38,047$0$2,044,401$0$0
Doug Vanderslice
EVP, CFO & Treasurer$0$902,247$0$353,818$0$348,008$0$29,700$0$50,422$0$1,684,195$0$0
Peter Laussen MD
EVP, Health Affairs$0$839,522$0$253,052$0$162,973$0$33,000$0$60,916$0$1,349,463$0$0
Kathleen Ennabi
Physician$1,269,865$0$0$0$29,900$0$3,002$0$0$0$1,302,767$0$0$0
Michele Garvin Esq
EVP, Chief of Staff$0$768,780$0$270,589$0$162,245$0$29,700$0$23,472$0$1,254,786$0$0
Nancy Andrews
EVP, Chief Scientific Officer$0$792,793$0$239,400$0$137,135$0$26,400$0$46,787$0$1,242,515$0$0
Joseph A Mitchell MD
EVP & President, Franciscan's$0$634,904$0$399,762$0$34,193$0$128,100$0$0$0$1,196,959$0$0
Keith Ancona
Physician$1,150,927$0$0$0$888$0$3,447$0$7,045$0$1,162,307$0$0$0
Demosthenes Argys
EVP, Hospital Chief Operating Office$0$732,464$0$216,971$0$136,446$0$29,700$0$22,148$0$1,137,729$0$0
Laura J Wood DNP MS RN
EVP, Chief Nursing Officer$0$673,992$0$199,386$0$131,686$0$29,700$0$44,950$0$1,079,714$0$0
Lynn Susman
EVP, Chief Development Off$0$572,766$0$292,843$0$107,399$0$36,300$0$29,418$0$1,038,726$0$0
Lisa Abbott
EVP, Chief Human Resources Officer$0$623,579$0$168,938$0$187,015$0$0$0$26,630$0$1,006,162$0$0
Stacy Drury
Department Chief, Psychiatry$0$521,792$0$427,708$0$1,377$0$36,300$0$7,067$0$994,244$0$0
Sandra Fenwick
Former President & CEO$0$0$0$0$0$939,289$0$0$0$0$0$939,289$0$939,289
Allen Dozor
Physician$655,750$0$255,500$0$1,986$0$6,600$0$0$0$919,836$0$0$0
Martin Kelly
Director, Investments$0$495,767$0$363,939$0$3,550$0$26,400$0$22,359$0$912,015$0$0
Heather Nelson
SVP, Chief Information Off$0$591,336$0$151,200$0$103,962$0$19,800$0$33,126$0$899,424$0$0
Lisa Hogarty
SVP, RE Planning and Devel$0$501,089$0$186,244$0$92,265$0$26,400$0$30,190$0$836,188$0$0
Patricia Hickey PhD MBA RN NEA-BC
SVP, Nursing/Patient Care$0$566,841$0$124,805$0$91,502$0$39,600$0$9,368$0$832,116$0$0
Steven Luber
SVP, Finance$0$481,762$0$113,400$0$68,142$0$19,800$0$9,588$0$692,692$0$0
Michael Gillespie
SVP, Clinical Services$0$446,609$0$113,400$0$79,415$0$29,700$0$22,782$0$691,906$0$0
August Cervini
SVP, Research Administration$0$383,125$0$97,222$0$65,534$0$23,100$0$27,052$0$596,033$0$0
Bruce Balter
Asst Treasurer/Dir Corp Fin$0$292,776$0$19,173$0$3,720$0$38,293$0$16,465$0$370,427$0$0
Daniel Nigrin MD
Former SVP & CIO$0$0$0$0$0$315,203$0$0$0$0$0$315,203$0$315,203
Christopher Viney JD
EVP, General Counsel & Sec$0$114,425$0$60,000$0$437$0$18,616$0$1,760$0$195,238$0$0
Christine Grenache
Asst Sec/Exec Manager (END TERM 6/30$148,300$0$0$0$271$0$9,316$0$8,839$0$166,726$0$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 2023, Children's Hospital Corporation made contributions to the supplemental non-qualified reitrement plan for the individuals below: Kevin Churchwell, MD received a contribution of $482,116 Philip Rotner received a contribution of $204,300 Douglas Vanderslice received a contribution of $246,666 Peter Laussen, MD received a contribution of $127,220 Michele Garvin received a contribution of $123,124 Nancy Andrews received a contribution of $110,628 Demosthenes Argys received a contribution of $102,000 Laura Wood received a contribution of $97,485 Lynn Susman received a contribution of $76,200 Lisa Abbott received a contribution of $57,803 Heather Nelson received a contribution of $73,746 Cynthia Haines received a contribution of $71,374 Lisa Hogarty received a contribution of $58,941 Patricia Hickey received a contribution of $57,087 Steven Luber received a contribution of $44,690 Michael Gillespie received a contribution of $49,685 August Cervini received a contribution of $39,386 During calendar year 2023, the following individuals received supplemental executive retirement plan distributions from Children's Hospital Corporation: Sandra Fenwick received a distribution of $939,289 Daniel Nigrin received a distribution of $315,203 During calendar year 2023, Franciscan Hospital for Children, a related organization of Children's Hospital Corporation, made contributions to the supplemental non-qualified retirement plan for the individual below: Joseph A. Mitchell, MD received a contribution of $127,100ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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.
Form 990, Part VI, Section A, line 4The organization's bylaws were updated to expand the size of the board and add term limits.
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 twenty-five 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 Chief Investment Officer Executive Vice President, Enterprise Services, System Chief Financial Officer Executive Vice President, Health Affairs Executive Vice President, Chief of Staff Executive Vice President, Chief Scientific Officer Executive Vice President, Hospital COO, Satellite & Ambulatory Operations 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 Senior Vice President, Chief Information Officer Senior Vice President, Real Estate Planning & Development Senior Vice President, Finance Senior Vice President, Research Administration Executive Vice President, System General Counsel 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 43,730,179.

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$0$53,922,053Children's Hospital Corporation
Children's Five Brookline Place LLC
Five Brookline PlaceBrooklineMA02445205850117Real Estate HoldingsMA$0$2,522,835Children'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$172,964,323$94,804,224Children'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$0$6,965,992Longwood Research Institute Inc
Boston Children's Health Accountable Care LLC
300 Longwood AvenueBostonMA02115300991601Accountable CareMA$20,392,495$8,182,044Children'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$89,915,210$13,954,377Children's Hospital Corporation
Boston Children's Health National LLC
300 Longwood AvenueBostonMA02115933063006HealthcareMA$13,020,557$0Children's Medical Center Corporation

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
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 12b, IIChildren'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 12a, IChildren'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
BIDMCChildren's Hospital Medical Care Corporation
300 Longwood AvenueBostonMA02115043200113Pediatric health care, education and researchMA501(c)(3)Line 12a, I0N/A
Dana-FarberChildren's Hospital Cancer Care Inc
450 Brookline Avenue BP418BostonMA02215043554536Joint program in pediatric oncologyMA501(c)(3)Line 12a, I0N/A
New England Life Flight Inc
Hangar 1727 Hanscom AFBBedfordMA01730222582060Critical care transportMA501(c)(3)Line 12a, I0N/A
Longwood Medical Energy Collaborative Inc
160 Longwood AvenueBostonMA02115043476764Energy related initiativesMA501(c)(3)Line 12a, I0N/A

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Florida Children's Health LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 Longwood AvenueAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02115ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesPediatric healthcarePrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1Children's Medical Center CorporationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeN/APredominantIncomeTypeTxt
Disproportionate Allocations0DisproportionateAllocationsInd
General Or Managing Partner0GeneralOrManagingPartnerInd
Ownership0.50000OwnershipPct

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 (5)
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 RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
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$58,343FMV
Children's Hospital Corporation
P$5,500,000FMV
Children's Hospital Corporation
R$4,173,697,898FMV
Children's Hospital Corporation
S$3,382,654,380FMV
CHB Properties Inc
R$500,000FMV