Skip to content
Nonprofiteer
← CHILDRENS HOSPITAL & MEDICAL CENTER

Form 990 for tax year 2023

Filed by CHILDRENS HOSPITAL & MEDICAL CENTER.

Totals

Total revenue
$646,842,786
Total expenses
$602,683,468
Contributions and grants received
$9,774,507
Grants paid
$15,934,318
Program service revenue
$605,143,914
Investment income
$15,217,614
Other revenue
$16,706,751
Total assets, end of year
$1,395,470,547
Total liabilities, end of year
$362,259,056
Net assets or fund balances, end of year
$1,033,211,491
Program services expenses (Part IX)
$492,185,469
Management and general expenses
$110,497,471
Fundraising expenses
$528
Program service expenses (Part III)
$492,185,469

Program services were 81.7% 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.

  • 1d · Related organizations

    $8,474,685

  • 1e · Government grants (contributions)

    $1,295,322

  • 1f · All other contributions, gifts and grants

    $4,500

  • 2a · Program service revenue: NET PATIENT REVENUE

    total $605,143,914 · related or exempt $605,143,914

  • 3 · Investment income

    total $10,514,935 · unrelated business $913,861 · excluded $9,601,074

  • 6a · Gross rents

    real property $611,827

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $611,827

  • 6d · Net rental income or loss

    total $611,827 · excluded $611,827

  • 7a · Gross sales of assets other than inventory

    securities $103,841,946 · other assets $14,375,801

  • 7b · Less cost or other basis and sales expenses

    securities $99,061,545 · other assets $14,453,523

  • 7c · Gain or loss

    securities $4,780,401 · other assets -$77,722

  • 7d · Net gain or loss

    total $4,702,679 · excluded $4,702,679

  • 11a · Other revenue: MANAGEMENT FEE INCOME

    total $8,746,855 · related or exempt $8,746,855

  • 11b · Other revenue: CAFETERIA INCOME

    total $2,504,347 · related or exempt $2,504,347

  • 11c · Other revenue: INTERCOMPANY RENTAL

    total $1,280,981 · related or exempt $1,280,981

  • 11d · All other revenue

    total $3,562,741 · related or exempt $2,951,720 · unrelated business $611,021

  • 11e · Other revenue, total

    $16,094,924

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,157,942 · program services $3,157,942

  • 2 · Grants to domestic individuals

    total $12,776,376 · program services $12,776,376

  • 5 · Compensation of officers, directors and key employees

    total $4,614,619 · management and general $4,614,619

  • 7 · Other salaries and wages

    total $246,490,512 · program services $210,728,918 · management and general $35,761,594

  • 8 · Pension plan contributions

    total $9,071,123 · program services $7,955,741 · management and general $1,115,382

  • 9 · Other employee benefits

    total $38,535,892 · program services $33,743,563 · management and general $4,792,329

  • 10 · Payroll taxes

    total $16,179,253 · program services $13,823,892 · management and general $2,355,361

  • 11b · Fees: legal

    total $346,801 · program services $338,040 · management and general $8,761

  • 11c · Fees: accounting

    total $571,936 · management and general $571,936

  • 11d · Fees: lobbying

    total $106,423 · management and general $106,423

  • 11g · Fees: other

    total $46,209,662 · program services $29,975,957 · management and general $16,233,705

  • 12 · Advertising and promotion

    total $2,589,928 · program services $7,443 · management and general $2,582,485

  • 13 · Office expenses

    total $77,831,882 · program services $76,563,632 · management and general $1,268,250

  • 14 · Information technology

    total $21,373,274 · program services $20,871,757 · management and general $501,517

  • 16 · Occupancy

    total $9,188,974 · program services $3,039,715 · management and general $6,149,259

  • 17 · Travel

    total $749,615 · program services $572,611 · management and general $177,004

  • 20 · Interest

    total $9,708,647 · program services $9,708,647

  • 21 · Payments to affiliates

    total $46,289,169 · program services $47,975,181 · management and general -$1,686,012

  • 22 · Depreciation, depletion and amortization

    total $41,727,879 · program services $18,452,390 · management and general $23,275,489

  • 23 · Insurance

    total $2,211,960 · management and general $2,211,960

  • 24a · Other expenses: BUILDING & GROUND MAINT

    total $4,780,860 · program services $272,484 · management and general $4,508,376

  • 24b · Other expenses: EQUIPMENT MAINTENANCE

    total $3,537,947 · program services $1,030,796 · management and general $2,507,151

  • 24c · Other expenses: BANK & SERVICE FEES

    total $1,379,923 · program services $90,363 · management and general $1,289,560

  • 24d · Other expenses: PROF DUES & SUBSCRIPTIO

    total $986,682 · program services $429,243 · management and general $557,439

  • 24e · All other expenses

    total $2,266,189 · program services $670,778 · management and general $1,594,883 · fundraising $528

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,093,146 · end of year $8,585,258

  • 2 · Savings and temporary cash investments

    beginning of year $49,356,032 · end of year $88,516,264

  • 4 · Accounts receivable

    beginning of year $106,223,455 · end of year $124,263,474

  • 8 · Inventories for sale or use

    beginning of year $9,204,286 · end of year $10,168,746

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,817,449 · end of year $13,428,735

  • 10a · Land, buildings and equipment: cost or other basis

    $940,368,226

  • 10b · Land, buildings and equipment: accumulated depreciation

    $295,689,572

  • 10c · Land, buildings and equipment, net

    beginning of year $639,593,502 · end of year $644,678,654

  • 12 · Investments: other securities

    beginning of year $397,630,295 · end of year $434,533,613

  • 15 · Other assets

    beginning of year $51,570,236 · end of year $71,295,803

  • 17 · Accounts payable and accrued expenses

    beginning of year $83,088,072 · end of year $82,175,007

  • 19 · Deferred revenue

    beginning of year $40,694 · end of year $21,747

  • 20 · Tax-exempt bond liabilities

    beginning of year $246,580,710 · end of year $241,302,478

  • 25 · Other liabilities

    beginning of year $31,156,965 · end of year $38,759,824

  • 27 · Net assets without donor restrictions

    beginning of year $912,621,960 · end of year $1,025,210,325

  • 28 · Net assets with donor restrictions

    end of year $8,001,166

Mission and programs · 2023

Mission

TO IMPROVE THE LIFE OF EVERY CHILD - THROUGH EXCEPTIONAL CARE, ADVOCACY, RESEARCH AND EDUCATION.

Activities or mission (Part I)

TO IMPROVE THE LIFE OF EVERY CHILD THROUGH EXCEPTIONAL CARE, ADVOCACY, RESEARCH, AND EDUCATION.

  • THE HOSPITAL OPERATES A 225 LICENSED-BED PEDIATRIC HOSPITAL, WHICH INCLUDES 13 SURGICAL SUITES, TWO HYBRID HEART CATHETERIZATION LABS, AN OUTPATIENT SURGERY CENTER INCLUDING 4 SURGICAL SUITES.CHILDREN'S HAS ACHIEVED THE MAGNET DESIGNATION FOR NURSING EXCELLENCE, AND ITS PEDIATRIC AND NEONATAL INTENSIVE CARE UNITS HAVE EARNED A BEACON AWARD FOR EXCELLENCE FROM THE AMERICAN ASSOCIATION OF CRITICAL CARE NURSES, WHICH RECOGNIZES CRITICAL CARE UNITS WITH EXCELLENT PATIENT OUTCOMES THAT EXCEED NATIONAL BENCHMARKS. THE HOSPITAL WAS RECOGNIZED BY U.S. NEWS AND WORLD REPORT IN THE PULMONOLOGY & LUNG SURGERY SPECIALTY.CHILDREN'S SPECIALTY PEDIATRIC CENTER OFFERS MORE THAN 100 OUTPATIENT SPECIALTY AND SUB-SPECIALTY CLINICS, PROVIDING DIAGNOSTICS, TREATMENT, AND THERAPY. IN ADDITION, THE HOSPITAL PROVIDES OUTPATIENT BEHAVIORAL HEALTH AND A FULL ARRAY OF PEDIATRIC HOME HEALTHCARE SERVICES TO CHILDREN AND ADOLESCENTS WHO HAVE IMMEDIATE OR LONG-TERM HEALTHCARE NEEDS. THE HOSPITAL IS HOME TO THE REGION'S ONLY LEVEL IV NEONATAL INTENSIVE CARE UNIT AND THE ONLY DEDICATED PEDIATRIC EMERGENCY DEPARTMENT WITH LEVEL II PEDIATRIC TRAUMA CERTIFICATION. THE HOSPITAL ALSO PROVIDES SPECIALTY PEDIATRIC CARE SERVICES IN COMMUNITIES ACROSS THREE STATES.

    Expenses $492,185,469 · Grants $15,934,318 · Revenue $631,753,773

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

Listed in Part VII

  • FARHAN KHAN

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KENNY ROCKER

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • STEVE LINDSAY

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CINDY HEIDER

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ROBERT DUNLAY MD

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAVE DIAMOND

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • AMY RYAN

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • SAMANTHA MOSSER

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • STACY SCHOLTZ

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MARGARET HERSHISER

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • SHEILAH SNYDER MD

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JONATHAN WEGNER

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • H DELE DAVIES MD

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHANDA CHACON

    PRESIDENT & CEO

    Total calculated
    $1,611,817
    From this org
    $1,364,774
    From related orgs
    $0
    Other
    $247,043
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,013,225
    Bonus
    $321,070
    Other
    $30,479
    Deferred
    $233,000
    Nontaxable benefits
    $14,043
    Filer's total
    $1,611,817

  • AMY HATCHER

    EVP & CFO

    Total calculated
    $932,410
    From this org
    $812,392
    From related orgs
    $0
    Other
    $120,018
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $548,099
    Bonus
    $177,679
    Other
    $86,614
    Deferred
    $111,573
    Nontaxable benefits
    $8,445
    Filer's total
    $932,410

  • PAM JOHNSON-CARLSON

    SVP PATIENT CARE SERVICES & CNO

    Total calculated
    $475,047
    From this org
    $449,604
    From related orgs
    $0
    Other
    $25,443
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $358,044
    Bonus
    $40,000
    Other
    $51,560
    Deferred
    $18,000
    Nontaxable benefits
    $7,443
    Filer's total
    $475,047

  • KATHY ENGLISH

    EVP COO & CNO

    Total calculated
    $923,628
    From this org
    $877,692
    From related orgs
    $0
    Other
    $45,936
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $567,072
    Bonus
    $184,019
    Other
    $126,601
    Deferred
    $38,100
    Nontaxable benefits
    $7,836
    Filer's total
    $923,628

  • JANEL ALLEN

    SVP & CHIEF PEOPLE OFFICER

    Total calculated
    $643,570
    From this org
    $556,806
    From related orgs
    $0
    Other
    $86,764
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $381,297
    Bonus
    $147,927
    Other
    $27,582
    Deferred
    $73,321
    Nontaxable benefits
    $13,443
    Filer's total
    $643,570

  • AMY BONES

    SVP & GENERAL COUNSEL

    Total calculated
    $893,991
    From this org
    $857,189
    From related orgs
    $0
    Other
    $36,802
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $396,525
    Bonus
    $124,016
    Other
    $336,648
    Deferred
    $28,700
    Nontaxable benefits
    $8,102
    Filer's total
    $893,991

  • JEROLD VUCHAK

    SVP CHIEF INFO OFFICER

    Total calculated
    $691,098
    From this org
    $605,458
    From related orgs
    $0
    Other
    $85,640
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $423,252
    Bonus
    $145,089
    Other
    $37,117
    Deferred
    $77,510
    Nontaxable benefits
    $8,130
    Filer's total
    $691,098

  • CHRISTOPHER MALONEY MD

    EVP CHIEF CLINICAL OFFICER

    Total calculated
    $1,151,071
    From this org
    $1,017,080
    From related orgs
    $0
    Other
    $133,991
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $663,135
    Bonus
    $246,647
    Other
    $107,298
    Deferred
    $133,469
    Nontaxable benefits
    $522
    Filer's total
    $1,151,071

  • ERIN WILLIS-LOUCKS MD

    PHYSICIAN

    Total calculated
    $956,058
    From this org
    $901,041
    From related orgs
    $0
    Other
    $55,017
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $861,927
    Bonus
    $35,000
    Other
    $4,114
    Deferred
    $33,400
    Nontaxable benefits
    $21,617
    Filer's total
    $956,058

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 · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
CHANDA CHACON'S SOCIAL CLUB DUES WERE PAID FOR BY THE ORGANIZATION TO BE USED FOR BUSINESS PURPOSES.
PART I, LINE 4B
THE FOLLOWING INDIVIDUALS PARTICIPATED IN A 457(F) PLAN DURING 2023. THE AMOUNTS OF DEFERRED COMPENSATION DISTRIBUTED AND ACCRUED FOR EACH OF THE INDIVIDUALS DURING 2023 ARE AS FOLLOWS: CHANDA CHACON - $209,000 ACCRUAL, $0 PLAN DISTRIBUTION CHRISTOPHER MALONEY - $109,469 ACCRUAL, $72,843 PLAN DISTRIBUTION KATHY ENGLISH - $88,717 ACCRUAL, $88.717 PLAN DISTRIBUTION AMY HATCHER - $85,923 ACCRUAL, $55,543 PLAN DISTRIBUTION AMY BONES - $50,594 ACCRUAL, $301,529 PLAN DISTRIBUTION JEROLD VUCHAK - $53,834 ACCRUAL, $0 PLAN DISTRIBUTION JANEL ALLEN - $49,321 ACCRUAL, $0 PLAN DISTRIBUTION PAM JOHNSON-CARLSON - $42,900 ACCRUAL, $44,307 PLAN DISTRIBUTION

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Related corporations and trusts

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

  • KENT INC

    C · REAL ESTATE · NE · 100% owned · share of assets $219,495 · controlled entity

    Directly controlled by CHMC

  • CHILDREN'S HEALTH NETWORK

    C · HEALTH NETWORK · NE · 100% owned · share of income -$351,963 · controlled entity

    Directly controlled by CHMC

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202423209349314052

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.