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Nonprofiteer
← CHILDRENS HOSPITAL PEDIATRIC ASSOCIATES INC

Form 990 for tax year 2023

Filed by CHILDRENS HOSPITAL PEDIATRIC ASSOCIATES INC.

Totals

Total revenue
$454,857,213
Total expenses
$414,422,801
Contributions and grants received
$1,091,390
Grants paid
$30,013,508
Program service revenue
$390,547,597
Investment income
$63,218,226
Other revenue
$0
Total assets, end of year
$674,975,207
Total liabilities, end of year
$179,999,489
Net assets or fund balances, end of year
$494,975,718
Program services expenses (Part IX)
$373,564,681
Management and general expenses
$40,858,120
Fundraising expenses
$0
Program service expenses (Part III)
$373,564,681

Program services were 90.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Vincent W Chiang MD

    Treasurer/Clerk

    Total calculated
    $802,334
    From this org
    $728,672
    From related orgs
    $0
    Other
    $73,662
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $590,139
    Bonus
    $131,895
    Other
    $6,638
    Deferred
    $34,234
    Nontaxable benefits
    $39,428
    Filer's total
    $802,334
  • Richard G Bachur MD

    Trustee

    Total calculated
    $930,012
    From this org
    $828,216
    From related orgs
    $0
    Other
    $101,796
    Hours/week
    45 + 15 related

    Schedule J breakdown matched by us

    Base
    $807,360
    Bonus
    $14,266
    Other
    $6,590
    Deferred
    $62,234
    Nontaxable benefits
    $39,562
    Filer's total
    $930,012
  • Joel N Hirschhorn MD PhD

    Trustee

    Total calculated
    $494,045
    From this org
    $400,501
    From related orgs
    $0
    Other
    $93,544
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $356,448
    Bonus
    $41,165
    Other
    $2,888
    Deferred
    $53,234
    Nontaxable benefits
    $40,310
    Filer's total
    $494,045
  • Anne M Stack MD

    Trustee

    Total calculated
    $482,462
    From this org
    $427,236
    From related orgs
    $0
    Other
    $55,226
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $363,577
    Bonus
    $19,432
    Other
    $44,227
    Deferred
    $34,234
    Nontaxable benefits
    $20,992
    Filer's total
    $482,462
  • Stella Kourembanas MD

    Trustee

    Total calculated
    $655,175
    From this org
    $549,619
    From related orgs
    $0
    Other
    $105,556
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $508,738
    Bonus
    $23,437
    Other
    $17,444
    Deferred
    $66,234
    Nontaxable benefits
    $39,322
    Filer's total
    $655,175
  • Frederick H Lovejoy Jr MD

    Trustee

    Total calculated
    $0
    Hours/week
    60
  • Joanne E Cox MD

    Trustee

    Total calculated
    $426,098
    From this org
    $339,554
    From related orgs
    $0
    Other
    $86,544
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $288,527
    Bonus
    $23,127
    Other
    $27,900
    Deferred
    $46,234
    Nontaxable benefits
    $40,310
    Filer's total
    $426,098
  • Christopher P Landrigan MD MPH

    Trustee

    Total calculated
    $512,535
    From this org
    $419,703
    From related orgs
    $0
    Other
    $92,832
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $383,868
    Bonus
    $11,557
    Other
    $24,278
    Deferred
    $53,234
    Nontaxable benefits
    $39,598
    Filer's total
    $512,535
  • Stephen C Harrison PhD

    Trustee

    Total calculated
    $0
    Hours/week
    60
  • Dennis H Kim MD PhD

    Trustee

    Total calculated
    $598,287
    From this org
    $504,743
    From related orgs
    $0
    Other
    $93,544
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $383,868
    Bonus
    $25,990
    Other
    $94,885
    Deferred
    $53,234
    Nontaxable benefits
    $40,310
    Filer's total
    $598,287
  • David A Williams MD

    Trustee

    Total calculated
    $665,061
    From this org
    $591,265
    From related orgs
    $0
    Other
    $73,796
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $525,711
    Bonus
    $45,000
    Other
    $20,554
    Deferred
    $34,234
    Nontaxable benefits
    $39,562
    Filer's total
    $665,061
  • Christopher A Walsh MD PhD

    Trustee

    Total calculated
    $146,375
    From this org
    $72,087
    From related orgs
    $0
    Other
    $74,288
    Hours/week
    60
  • Friedhelm Hildebrandt MD

    Trustee

    Total calculated
    $584,196
    From this org
    $509,652
    From related orgs
    $0
    Other
    $74,544
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $447,448
    Bonus
    $45,000
    Other
    $17,204
    Deferred
    $34,234
    Nontaxable benefits
    $40,310
    Filer's total
    $584,196
  • Michael SD Agus MD

    Trustee

    Total calculated
    $606,822
    From this org
    $508,478
    From related orgs
    $0
    Other
    $98,344
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $474,129
    Bonus
    $9,611
    Other
    $24,738
    Deferred
    $58,034
    Nontaxable benefits
    $40,310
    Filer's total
    $606,822
  • William J Barbaresi MD

    Trustee

    Total calculated
    $502,043
    From this org
    $410,209
    From related orgs
    $0
    Other
    $91,834
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $383,867
    Bonus
    $9,138
    Other
    $17,204
    Deferred
    $53,234
    Nontaxable benefits
    $38,600
    Filer's total
    $502,043
  • Benjamin A Raby MD PhD

    Trustee

    Total calculated
    $558,413
    From this org
    $473,053
    From related orgs
    $0
    Other
    $85,360
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $424,448
    Bonus
    $26,235
    Other
    $22,370
    Deferred
    $50,384
    Nontaxable benefits
    $34,976
    Filer's total
    $558,413
  • Scott B Snapper MD PhD

    Trustee

    Total calculated
    $751,861
    From this org
    $659,317
    From related orgs
    $0
    Other
    $92,544
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $537,630
    Bonus
    $122,397
    Other
    -$710
    Deferred
    $52,234
    Nontaxable benefits
    $40,310
    Filer's total
    $751,861
  • Wanda Phipatanakul MD MS

    Trustee

    Total calculated
    $428,332
    From this org
    $359,120
    From related orgs
    $0
    Other
    $69,212
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $337,618
    Bonus
    $9,000
    Other
    $12,502
    Deferred
    $34,234
    Nontaxable benefits
    $34,978
    Filer's total
    $428,332
  • Peter A Nigrovic MD

    Trustee

    Total calculated
    $637,727
    From this org
    $583,278
    From related orgs
    $0
    Other
    $54,449
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $476,716
    Bonus
    $45,000
    Other
    $61,562
    Deferred
    $51,234
    Nontaxable benefits
    $3,215
    Filer's total
    $637,727
  • Amy D Divasta MD MMSc

    Trustee

    Total calculated
    $497,285
    From this org
    $428,073
    From related orgs
    $0
    Other
    $69,212
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $354,813
    Bonus
    $52,078
    Other
    $21,182
    Deferred
    $34,234
    Nontaxable benefits
    $34,978
    Filer's total
    $497,285
  • Wendy K Chung MD PhD

    President

    Total calculated
    $1,082,970
    From this org
    $1,029,489
    From related orgs
    $0
    Other
    $53,481
    Hours/week
    55 + 5 related

    Schedule J breakdown matched by us

    Base
    $375,000
    Bonus
    $615,833
    Other
    $38,656
    Deferred
    $34,234
    Nontaxable benefits
    $19,247
    Filer's total
    $1,082,970
  • Sharon J Levy MD MPH

    Trustee

    Total calculated
    $501,124
    From this org
    $428,288
    From related orgs
    $0
    Other
    $72,836
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $327,282
    Bonus
    $73,248
    Other
    $27,758
    Deferred
    $34,234
    Nontaxable benefits
    $38,602
    Filer's total
    $501,124
  • Physicians Org at CH Inc

    Institutional Trustee

    Total calculated
    $0
    Hours/week
    2
  • William Tarvainen

    Chief Operations Officer (10/23-12/23)

    Total calculated
    $525,625
    From this org
    $424,219
    From related orgs
    $0
    Other
    $101,406
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $375,430
    Bonus
    $0
    Other
    $48,789
    Deferred
    $66,234
    Nontaxable benefits
    $35,172
    Filer's total
    $525,625
  • Sara Toomey MD

    Physician

    Total calculated
    $688,897
    From this org
    $615,235
    From related orgs
    $0
    Other
    $73,662
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $505,675
    Bonus
    $111,627
    Other
    -$2,067
    Deferred
    $34,234
    Nontaxable benefits
    $39,428
    Filer's total
    $688,897
  • Gregory Young MD

    Physician

    Total calculated
    $585,054
    From this org
    $515,844
    From related orgs
    $0
    Other
    $69,210
    Hours/week
    55 + 5 related

    Schedule J breakdown matched by us

    Base
    $506,167
    Bonus
    $0
    Other
    $9,677
    Deferred
    $34,234
    Nontaxable benefits
    $34,976
    Filer's total
    $585,054
  • Alejandro Flores MD

    Physician

    Total calculated
    $542,518
    From this org
    $468,722
    From related orgs
    $0
    Other
    $73,796
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $450,000
    Bonus
    $0
    Other
    $18,722
    Deferred
    $34,234
    Nontaxable benefits
    $39,562
    Filer's total
    $542,518
  • Patricia Ellen Grant MD

    Physician

    Total calculated
    $578,592
    From this org
    $506,382
    From related orgs
    $0
    Other
    $72,210
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $479,865
    Bonus
    $10,484
    Other
    $16,033
    Deferred
    $34,234
    Nontaxable benefits
    $37,976
    Filer's total
    $578,592
  • Kenneth Mandl MD

    Physician

    Total calculated
    $683,578
    From this org
    $589,425
    From related orgs
    $0
    Other
    $94,153
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $570,163
    Bonus
    $0
    Other
    $19,262
    Deferred
    $49,279
    Nontaxable benefits
    $44,874
    Filer's total
    $683,578
  • Gary R Fleisher MD

    Former President

    Total calculated
    $785,996
    From this org
    $715,583
    From related orgs
    $0
    Other
    $70,413
    Hours/week
    55 + 5 related

    Schedule J breakdown matched by us

    Base
    $469,469
    Bonus
    $84,166
    Other
    $161,948
    Deferred
    $34,234
    Nontaxable benefits
    $36,179
    Filer's total
    $785,996

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Discretionary spending account
  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 1a
The Foundation provides gross-up payments for mortgage forgiveness, long-term disability insurance, and life insurance. These payments are included as taxable wages during the year. All permanent full-time employees of the Foundation are eligible for the gross-up payments.
Part I, Line 4b
The Children's Hospital Pediatric Associates, Inc. (the Foundation) established the Ineligible Deferred Compensation Plan. This plan is intended to qualify under Section 457(f) of the Code, and is intended to constitute a "top-hat plan" described in Section 201(2) of ERISA. The payment of benefits under the plan is at the sole discretion of the Foundation. In meeting its funding obligation, the employer will hold employee contributions in a Rabbi Trust. Each employee who is: a) an officer or highly compensated employee of the Foundation; b) a professor at Harvard University, or its professional equivalent; and c) determined by the Foundation's President to be eligible, may participate in the plan. Additionally, each Trustee of the Foundation who is determined by the Foundation's President to be eligible may participate in the plan. Participants may elect to defer compensation by a specific amount which, for any taxable year, shall not exceed an amount established by the Plan Administrator. The Foundation may, but is not required to, contribute an amount determined at the sole discretion of the Foundation on behalf of one or more eligible participants for a plan year. Participants are fully vested in the funds credited to their accounts after seven consecutive years of service. The Foundation made the following contributions to the 457(f) plan for the employees listed on Part VII, Page 7: Michael S.D. Agus, MD, $23,800; Richard G. Bachur, MD, $28,000; William J. Barbaresi, MD, $19,000; Joel N. Hirschhorn, MD, $19,000; Stella Kourembanas, MD, $32,000; Benjamin A. Raby, MD, PhD, $16,150; William Tarvainen, $32,000; Christopher Walsh, MD, $32,000; Christopher P. Landrigan, MD, MPH, $19,000; Dennis H. Kim, MD, PhD, $19,000; Scott B. Snapper, MD, PhD, $18,000; Peter A. Nigrovic, MD, $17,000; and Joanne E. Cox, MD, $12,000.
Part I, Line 7
Bonus compensation methodology is reviewed and approved by Children's Hospital Pediatric Associates, Inc.'s (the Foundation's) finance committee. The bonuses are based on clinical and academic performance, along with individual citizenship. All final bonus amounts are approved by the applicable division chief and president of the Foundation.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
29 July 2025
IRS schema version
2023v6.0
Source object
202502109349302105

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