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Nonprofiteer
← CHILDRENS SPECIALTY GROUP INC

Form 990 for tax year 2023

Filed by CHILDRENS SPECIALTY GROUP INC.

Totals

Total revenue
$258,589,450
Total expenses
$263,215,070
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$258,589,450
Investment income
$0
Other revenue
$0
Total assets, end of year
$50,582,009
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$50,582,009
Program services expenses (Part IX)
$227,595,341
Management and general expenses
$35,619,729
Fundraising expenses
$0
Program service expenses (Part III)
$227,595,341

Program services were 86.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: NET PATIENT SVC REV

    total $211,845,034 · related or exempt $211,845,034

  • 2b · Program service revenue: AFFILIATE HOSPITAL REV

    total $46,702,715 · related or exempt $46,702,715

  • 2f · All other program service revenue

    total $41,701 · related or exempt $41,701

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $33,627,839 · management and general $33,627,839

  • 11g · Fees: other

    total $7,410,349 · program services $7,410,349

  • 16 · Occupancy

    total $4,274,668 · program services $4,153,881 · management and general $120,787

  • 17 · Travel

    total $1,186,617 · program services $1,168,148 · management and general $18,469

  • 24a · Other expenses: LEASED PROVIDER & NON-P

    total $203,564,491 · program services $202,198,704 · management and general $1,365,787

  • 24b · Other expenses: CONTRACTUAL SUPPLIES &

    total $12,087,636 · program services $11,600,789 · management and general $486,847

  • 24c · Other expenses: RESIDENT SERVICES

    total $1,063,470 · program services $1,063,470

Balance sheet

Part X, book values.

  • 4 · Accounts receivable

    beginning of year $25,566,704 · end of year $30,313,813

  • 15 · Other assets

    beginning of year $83,371,592 · end of year $20,268,196

  • 25 · Other liabilities

    beginning of year $53,730,667 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $55,207,629 · end of year $50,582,009

Mission and programs · 2023

Mission

THE MISSION OF CHILDREN'S SPECIALTY GROUP, INC. ("CSG") IS TO PROVIDE THE HIGHEST QUALITY SPECIALTY HEALTH CARE SERVICES TO INFANTS, CHILDREN AND ADOLESCENTS AND TO ADVANCE THE EFFECTIVENESS OF HEALTH CARE THROUGH EDUCATION AND THE APPLICATION OF LEADING-EDGE RESEARCH AND INNOVATIVE TECHNOLOGIES.

Activities or mission (Part I)

PROVIDE THE HIGHEST QUALITY SPECIALTY HEALTH CARE SERVICES TO INFANTS, CHILDREN AND ADOLESCENTS.

  • CSG IS A NON-STOCK, NOT-FOR-PROFIT CORPORATION WITH TWO MEMBERS: CHILDREN'S HOSPITAL AND HEALTH SYSTEM, INC. ("CHHS") AND THE MEDICAL COLLEGE OF WISCONSIN, INC. ("MCW"), BOTH OF WHICH ARE NON-STOCK, NOT-FOR-PROFIT CORPORATIONS.CSG PROVIDES A CRITICAL LINK BETWEEN THE INTEGRATED PEDIATRIC HEALTH CARE DELIVERY NETWORK OF CHHS AND THE COMMITMENT TO EXCELLENCE IN MEDICAL RESEARCH AND EDUCATION OF MCW. APPROXIMATELY 400 MCW FACULTY MEMBERS, WHO SERVE AS ASSOCIATE OR AFFILIATE PHYSICIANS FOR CSG, AND 200 NURSE PRACTITIONERS AND PHYSICIAN ASSISTANTS PROVIDE SPECIALTY AND SUBSPECIALTY PEDIATRIC PATIENT CARE SERVICES THROUGH CHHS' HOSPITAL AND HEALTH SYSTEM LOCATIONS, INCLUDING CHILDREN'S HOSPITAL OF WISCONSIN, INC.CSG OFFERS INPATIENT AND OUTPATIENT SPECIALTY CARE IN MORE THAN 70 MEDICAL SUB-SPECIALTIES. THIS SPECIALTY CARE IS AVAILABLE AT CHHS FACILITIES, INCLUDING ITS HOSPITALS, SURGERY CENTER, AND CLINICS THROUGHOUT WISCONSIN, AND ALSO THROUGH VIRTUAL OR TELEHEALTH APPOINTMENTS TO PROVIDE CARE CLOSER TO HOME.CSG PHYSICIANS AND PROVIDERS CONDUCT LEADING-EDGE SCIENTIFIC RESEARCH AND APPLY THIS RESEARCH AND INNOVATION IN PROVIDING THE BEST AND SAFEST SPECIALTY PEDIATRIC CARE. MANY ARE FACULTY MEMBERS WHO TEACH AT MCW, TRAINING OTHER PEDIATRIC SPECIALISTS.

    Expenses $227,595,341 · Revenue $258,589,450

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Children'S Hospital And Health System

    RELATED ORG.

    Total calculated
    $0
    Hours/week
    0 + 1 related

  • The Medical College Of Wisconsin Inc

    RELATED ORG.

    Total calculated
    $0
    Hours/week
    0 + 1 related

  • Marc Cadieux

    CORP VP & CHIEF FINANCIAL OFCR

    Total calculated
    $1,168,140
    From this org
    $0
    From related orgs
    $1,036,005
    Other
    $132,135
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $677,156 related
    Bonus
    $0 + $181,050 related
    Other
    $0 + $177,799 related
    Deferred
    $0 + $130,298 related
    Nontaxable benefits
    $0 + $1,837 related
    Filer's total
    $0 + $1,168,140 related

  • Jason Jarzembowski MD

    CEO

    Total calculated
    $653,380
    From this org
    $0
    From related orgs
    $595,829
    Other
    $57,551
    Hours/week
    34 + 6 related

    Schedule J breakdown matched by us

    Base
    $0 + $476,970 related
    Bonus
    $0 + $88,081 related
    Other
    $0 + $30,778 related
    Deferred
    $0 + $26,400 related
    Nontaxable benefits
    $0 + $31,151 related
    Filer's total
    $0 + $653,380 related

  • Aaron Kinney

    COO CSG

    Total calculated
    $384,696
    From this org
    $0
    From related orgs
    $303,795
    Other
    $80,901
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $264,388 related
    Bonus
    $0 + $37,967 related
    Other
    $0 + $1,440 related
    Deferred
    $0 + $20,647 related
    Nontaxable benefits
    $0 + $60,254 related
    Filer's total
    $0 + $384,696 related

  • Shelisa Dalton

    FORMER CHIEF OPERATING OFF

    Total calculated
    $606,685
    From this org
    $0
    From related orgs
    $500,417
    Other
    $106,268
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $458,558 related
    Bonus
    $0 + $34,804 related
    Other
    $0 + $7,055 related
    Deferred
    $0 + $73,914 related
    Nontaxable benefits
    $0 + $32,354 related
    Filer's total
    $0 + $606,685 related

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

  • 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 3
CSG RELIED UPON THE MEDICAL COLLEGE OF WISCONSIN, INC. ("MCW"), A CORPORATE MEMBER OF CSG, TO ESTABLISH THE COMPENSATION OF CSG'S CHIEF EXECUTIVE OFFICER. MCW UTILIZES THE FOLLOWING TO ESTABLISH THE CEO'S COMPENSATION: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, AND COMPENSATION SURVEY OR STUDY.
PART I, LINE 4B
BEGINNING IN CALENDAR YEAR 2022, SHELISA DALTON BECAME A PARTICIPANT IN THE SECTION 457(F) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN OF THE MEDICAL COLLEGE OF WISCONSIN, INC. (MCW), A RELATED ORGANIZATION (THE PLAN). UNDER THE PLAN, MCW CONTRIBUTES A DEFINED AMOUNT FOR EACH PARTICIPANT BASED ON A PERCENTAGE OF EACH PARTICIPANT'S BASE SALARY. PARTICIPANTS VEST IN THEIR CONTRIBUTIONS FOR A SPECIFIC PLAN YEAR ON THE LAST DAY OF THE THIRD PLAN YEAR FOLLOWING THAT PLAN YEAR FOR EACH PLAN YEAR THEY ARE A PARTICIPANT. DISTRIBUTIONS ARE MADE TO THE ELIGIBLE PARTICIPANTS IN A SINGLE, LUMP SUM PAYMENT WHEN CONTRIBUTIONS BECOME VESTED. IN 2023, THERE WAS A CHHS EXECUTIVE FLEXIBLE BENEFIT PLAN IN PLACE WHICH WAS A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN (457(F) PLAN). THE CORPORATION CONTRIBUTES 10% OF EACH PARTICIPATING EXECUTIVE'S SALARY. THE AMOUNTS OF EMPLOYER CONTRIBUTIONS TO THIS PLAN FOR PARTICIPATING EXECUTIVES IN 2023 WERE AS FOLLOWS: M. CADIEUX, $105,848. AFTER A VESTING PERIOD, PARTICIPANTS MAY ELECT TO WITHDRAW AMOUNTS PREVIOUSLY CONTRIBUTED AND REPORTED. AMOUNTS WITHDRAWN BY PARTICIPANTS IN 2023 WERE: M. CADIEUX, $126,916.
PART I, LINE 7
CERTAIN EXECUTIVES EMPLOYED BY CHHS PARTICIPATE IN AN ANNUAL BONUS PLAN THAT PROVIDES COMPENSATION BASED ON ACHIEVING SPECIFIC PRE-DEFINED GOALS. BONUS CRITERIA ARE COMPRISED OF BOTH SYSTEM LEVEL AND EXECUTIVE SPECIFIC COMPONENTS. SUCH CRITERIA PERTAIN TO MATTERS WITHIN THE EXECUTIVE'S AREA OF RESPONSIBILITY, AS WELL AS ACHIEVEMENT OF OVERALL STRATEGIC OBJECTIVES OF THE ORGANIZATION AND ITS AFFILIATES IN ALIGNMENT WITH SYSTEM-WIDE BALANCED MEASURES.
FORM 990, PART VII, COLUMN E & SCHEDULE J, PART II:
SALARIES PAID BY RELATED ORGANIZATIONS: 1. JASON JARZEMBOWSKI, M.D., CHIEF EXECUTIVE OFFICER OF CSG AND SENIOR ASSOCIATE DEAN FOR CLINICAL AFFAIRS-PEDIATRIC PRACTICE AT MCW IS COMPENSATED BY MCW FOR: 1. ADMINISTRATOR ROLES AT BOTH CSG AND MCW 2. CLINICAL MANAGEMENT SERVICES PROVIDED TO CHW IN CONNECTION WITH THE ORGANIZATION'S AFFILIATE HOSPITAL CONTRACTS 3. PROFESSOR OF PATHOLOGY AT MCW AND VICE CHAIR FOR PEDIATRIC PATHOLOGY. 2. SHELISA DALTON, FORMER CHIEF OPERATING OFFICER OF CSG, IS COMPENSATED BY MCW FOR SERVICES PROVIDED AS THE CHIEF FINANCIAL OFFICER OF MCW. 3. MARC CADIEUX, CORP VP AND CFO - REPORTABLE COMPENSATION FROM RELATED ORGANIZATIONS AND OTHER COMPENSATION LISTED IN PART VII AND SCHEDULE J WERE PAID FOR SERVICES PROVIDED (40 HOURS PER WEEK) TO CHHS AND ITS AFFILIATES. THESE AMOUNTS WERE PAID BY CHHS. 4. AARON KINNEY, COO - REPORTABLE COMPENSATION FROM RELATED ORGANIZATIONS AND OTHER COMPENSATION LISTED IN PART VII AND SCHEDULE J WERE PAID FOR SERVICES PROVIDED (40 HOURS PER WEEK) TO CSG. THESE AMOUNTS WERE PAID BY CHHS.

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

No itemized grants to organizations 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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • WEST ALLIS PRESCRIPTION CENTER INC

    C · PHARMACY · WI

  • WAUWATOSA PRESCRIPTION CENTER INC SKYWALK PHARMACY

    C · PHARMACY · WI

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202413199349315021

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