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Nonprofiteer
← CHILDRENS SPORT MEDICINE FOUNDATION INC

Form 990 for tax year 2024

Filed by CHILDRENS SPORT MEDICINE FOUNDATION INC.

Totals

Total revenue
$44,493,692
Total expenses
$45,973,924
Contributions and grants received
$22,750
Grants paid
$4,145,670
Program service revenue
$44,457,624
Investment income
$50
Other revenue
$13,268
Total assets, end of year
$51,588,054
Total liabilities, end of year
$8,876,948
Net assets or fund balances, end of year
$42,711,106
Program services expenses (Part IX)
$44,339,252
Management and general expenses
$1,634,672
Fundraising expenses
$0
Program service expenses (Part III)
$44,339,252

Program services were 96.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MININDER S KOCHER MD

    PRESIDENT

    Total calculated
    $2,676,100
    From this org
    $2,528,269
    From related orgs
    $0
    Other
    $147,831
    Hours/week
    55 + 5 related

    Schedule J breakdown matched by us

    Base
    $805,170
    Bonus
    $1,602,246
    Other
    $120,853
    Deferred
    $71,000
    Nontaxable benefits
    $76,831
    Filer's total
    $2,676,100

  • LYLE J MICHELI MD

    DIRECTOR

    Total calculated
    $673,844
    From this org
    $651,879
    From related orgs
    $0
    Other
    $21,965
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $480,000
    Bonus
    $170,000
    Other
    $1,879
    Deferred
    $1,000
    Nontaxable benefits
    $20,965
    Filer's total
    $673,844

  • WILLIAM J MEEHAN III MD

    TREASURER

    Total calculated
    $777,097
    From this org
    $667,344
    From related orgs
    $0
    Other
    $109,753
    Hours/week
    55 + 5 related

    Schedule J breakdown matched by us

    Base
    $254,906
    Bonus
    $362,873
    Other
    $49,565
    Deferred
    $71,000
    Nontaxable benefits
    $38,753
    Filer's total
    $777,097

  • ANDREA STRACCOLINI MD

    DIRECTOR

    Total calculated
    $798,582
    From this org
    $726,176
    From related orgs
    $0
    Other
    $72,406
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $300,000
    Bonus
    $369,852
    Other
    $56,324
    Deferred
    $71,000
    Nontaxable benefits
    $1,406
    Filer's total
    $798,582

  • DENNIS E KRAMER MD

    DIRECTOR

    Total calculated
    $1,574,270
    From this org
    $1,413,323
    From related orgs
    $0
    Other
    $160,947
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $400,000
    Bonus
    $928,256
    Other
    $85,067
    Deferred
    $71,000
    Nontaxable benefits
    $89,947
    Filer's total
    $1,574,270

  • BENTON E HEYWORTH MD

    DIRECTOR

    Total calculated
    $1,860,053
    From this org
    $1,735,902
    From related orgs
    $0
    Other
    $124,151
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $441,667
    Bonus
    $1,238,979
    Other
    $55,256
    Deferred
    $71,000
    Nontaxable benefits
    $53,151
    Filer's total
    $1,860,053

  • MELISSA CHRISTINO MD

    DIRECTOR

    Total calculated
    $796,381
    From this org
    $693,284
    From related orgs
    $0
    Other
    $103,097
    Hours/week
    55 + 5 related

    Schedule J breakdown matched by us

    Base
    $402,037
    Bonus
    $228,788
    Other
    $62,459
    Deferred
    $71,000
    Nontaxable benefits
    $32,097
    Filer's total
    $796,381

  • BRIDGET QUINN MD

    DIRECTOR

    Total calculated
    $383,107
    From this org
    $312,107
    From related orgs
    $0
    Other
    $71,000
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,000
    Bonus
    $115,000
    Other
    $47,107
    Deferred
    $71,000
    Nontaxable benefits
    $0
    Filer's total
    $383,107

  • CRISTINA C MURPHY

    CLERK

    Total calculated
    $111,253
    From this org
    $0
    From related orgs
    $77,835
    Other
    $33,418
    Hours/week
    30 + 10 related

  • MARTHA M MURRAY MD

    DIRECTOR

    Total calculated
    $988,191
    From this org
    $909,139
    From related orgs
    $0
    Other
    $79,052
    Hours/week
    6

    Schedule J breakdown matched by us

    Base
    $700,000
    Bonus
    $144,228
    Other
    $64,911
    Deferred
    $71,000
    Nontaxable benefits
    $8,052
    Filer's total
    $988,191

  • PHYSICIANS ORG AT CH INC

    INSTITUTIONAL TRUSTEE

    Total calculated
    $0
    Hours/week
    2

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 · Tax indemnification and gross-up payments
  • 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
  • 7 · Other non-fixed payments

Answered no

  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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, TUITION PAYMENTS, LONG-TERM DISABILITY INSURANCE, LIFE INSURANCE, AND TAX PREPARATION FEES. THESE PAYMENTS ARE INCLUDED AS TAXABLE WAGES DURING THE YEAR. ALL PERMANENT FULL-TIME EMPLOYEES OF THE FOUNDATION ARE ELIGIBLE FOR THE GROSS-UPS PAYMENTS.
PART I, LINE 7
CHILDREN'S SPORTS MEDICINE FOUNDATION, INC. (THE FOUNDATION) PAID COMPENSATION BASED ON THE PATIENT REVENUES COLLECTED BY THEIR PHYSICIANS. THE PHYSICIANS LISTED ON PART VII OR SCHEDULE L ARE SUB-CONTRACTORS WHO RECEIVED COMPENSATION BASED ON PERCENTAGE OF THE TOTAL REVENUE COLLECTED, MINUS BILLING FEES, AND FOUNDATION AND CLINICAL DUES. THE PERCENTAGE ALLOCATION WAS DETERMINED BY THE CHIEF OF THE FOUNDATION AND APPROVED BY THE BOARD MEMBERS.
PART II:
VARIOUS INDIVIDUALS LISTED IN FORM 990, PART VII ARE COMPENSATED BY AN UNRELATED ORGANIZATION, CHILDREN'S ORTHOPAEDIC SURGERY FOUNDATION, INC. FOR SERVICES RENDERED TO THE FOUNDATION. SALARY AND BENEFIT INFORMATION REPORTED IN FORM 990, PART VII AND SCHEDULE J, PART II REPRESENTS COMPENSATION FOR SERVICES THE INDIVIDUALS PROVIDED TO BOTH ORGANIZATIONS. AS AN ALLOCATION OF COMPENSATION SPECIFIC TO THE FOUNDATION CANNOT BE READILY PERFORMED, THE RESPECTIVE INDIVIDUALS' TOTAL SALARY AND BENEFITS HAVE BEEN REPORTED ON THE FOUNDATION'S FORM 990 IN ACCORDANCE WITH IRS INSTRUCTIONS.

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
2024
IRS schema version
2024v5.5
Source object
202642129349300909

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