Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $24,496,281

• 1e · Government grants (contributions)

  $1,333,165

• 1f · All other contributions, gifts and grants

  $9,634,640

• 2a · Program service revenue: NET PATIENT SERVICE RE

  total $1,309,016,434 · related or exempt $1,309,016,434

• 2b · Program service revenue: CAPITATION REVENUE

  total $89,118,088 · related or exempt $89,118,088

• 2c · Program service revenue: PHARMACY DRUG SALES

  total $29,675,574 · related or exempt $29,675,574

• 2d · Program service revenue: MANAGEMENT FEES

  total $27,647,494 · related or exempt $27,647,494

• 2e · Program service revenue: OTHER OPERATING REV

  total $15,882,919 · related or exempt $15,327,256 · unrelated business $555,663

• 2f · All other program service revenue

  total $23,968,402 · related or exempt $23,968,402

• 3 · Investment income

  total $12,875,913 · excluded $12,875,913

• 6a · Gross rents

  real property $424,232

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $424,232

• 6d · Net rental income or loss

  total $424,232 · excluded $424,232

• 7a · Gross sales of assets other than inventory

  securities $5,184,543

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

  securities $5,580,158

• 7c · Gain or loss

  securities -$395,615

• 7d · Net gain or loss

  total -$395,615 · excluded -$395,615

• 11a · Other revenue: CAFETERIA

  total $2,254,198 · excluded $2,254,198

• 11b · Other revenue: PARKING

  total $984,961 · excluded $984,961

• 11c · Other revenue: GIFT SHOP

  total $723,947 · excluded $723,947

• 11d · All other revenue

  total $513,131 · excluded $513,131

• 11e · Other revenue, total

  $4,476,237

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $4,691,777 · program services $4,222,599 · management and general $469,178

• 7 · Other salaries and wages

  total $468,974,986 · program services $422,077,487 · management and general $46,897,499

• 8 · Pension plan contributions

  total $10,310,236 · program services $9,279,212 · management and general $1,031,024

• 9 · Other employee benefits

  total $53,895,179 · program services $48,505,661 · management and general $5,389,518

• 10 · Payroll taxes

  total $30,186,461 · program services $27,167,815 · management and general $3,018,646

• 11a · Fees: management

  total $28,618,725 · program services $25,756,853 · management and general $2,861,872

• 11b · Fees: legal

  total $2,256,294 · program services $2,030,665 · management and general $225,629

• 11c · Fees: accounting

  total $164,064 · program services $147,658 · management and general $16,406

• 11d · Fees: lobbying

  total $192,330 · management and general $192,330

• 11f · Fees: investment management

  total $139,729 · program services $125,756 · management and general $13,973

• 11g · Fees: other

  total $290,368,552 · program services $261,331,693 · management and general $29,036,859

• 13 · Office expenses

  total $20,105,278 · program services $18,094,750 · management and general $2,010,528

• 16 · Occupancy

  total $23,870,966 · program services $21,483,870 · management and general $2,387,096

• 17 · Travel

  total $897,413 · program services $807,672 · management and general $89,741

• 19 · Conferences, conventions and meetings

  total $1,203,928 · program services $1,083,535 · management and general $120,393

• 20 · Interest

  total $4,155,676 · program services $3,740,108 · management and general $415,568

• 22 · Depreciation, depletion and amortization

  total $36,340,436 · program services $32,706,392 · management and general $3,634,044

• 23 · Insurance

  total $7,859,483 · program services $7,246,633 · management and general $612,850

• 24a · Other expenses: SUPPLIES

  total $176,996,346 · program services $159,296,716 · management and general $17,699,630

• 24b · Other expenses: QUALITY ASSURANCE FEE

  total $109,509,020 · program services $98,558,118 · management and general $10,950,902

• 24c · Other expenses: UCI AFF. AGREEMENT

  total $15,144,932 · program services $15,144,932 · management and general $0

• 24d · Other expenses: OTHER EXPENSES

  total $10,193,793 · program services $7,625,206 · management and general $2,568,587

• 24e · All other expenses

  total $3,671,741 · program services $3,304,567 · management and general $367,174

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $321,613,231 · end of year $319,644,850

• 2 · Savings and temporary cash investments

  beginning of year $72,500,631 · end of year $74,822,723

• 3 · Pledges and grants receivable

  beginning of year $0 · end of year $0

• 4 · Accounts receivable

  beginning of year $197,935,642 · end of year $245,001,036

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $18,045,600 · end of year $17,298,024

• 9 · Prepaid expenses and deferred charges

  beginning of year $55,711,256 · end of year $13,356,445

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

  $1,377,638,208

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

  $585,654,684

• 10c · Land, buildings and equipment, net

  beginning of year $672,169,991 · end of year $791,983,524

• 11 · Investments: publicly traded securities

  beginning of year $26,856,695 · end of year $29,623,076

• 12 · Investments: other securities

  beginning of year $0 · end of year $0

• 13 · Investments: program-related

  beginning of year $0 · end of year $0

• 14 · Intangible assets

  beginning of year $1,216,000 · end of year $1,216,000

• 15 · Other assets

  beginning of year $158,047,749 · end of year $318,825,974

• 17 · Accounts payable and accrued expenses

  beginning of year $170,345,427 · end of year $255,943,631

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $137,737,635 · end of year $17,738,388

• 20 · Tax-exempt bond liabilities

  beginning of year $296,102,232 · end of year $305,854,143

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $20,160,000 · end of year $85,000,000

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $125,411,749 · end of year $124,178,541

• 27 · Net assets without donor restrictions

  beginning of year $689,422,665 · end of year $929,604,017

• 28 · Net assets with donor restrictions

  beginning of year $84,917,087 · end of year $93,452,932

The filer's explanations (Part III)

PART I, LINES 4A-B

SOME OF THE ORGANIZATION'S PERSONNEL LISTED ON FORM 990 PART VII AND SCHEDULE J PARTICIPATE IN A SEPARATION ARRANGEMENT THAT PROVIDES FOR A PORTION OF THE EMPLOYEE'S ANNUAL SALARY BASED ON THEIR POSITION IN THE ORGANIZATION. FOR THE SENIOR EXECUTIVE LEVEL, THE AMOUNT IS BASED ON YEARS OF SERVICE UP TO A MAXIMUM NUMBER OF MONTHS. IN CALENDAR YEAR 2022, SHAHAB DADJOU RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $392,881. SCHEDULE J, PART I, LINE 4A: SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN CHILDREN'S HOSPITAL OF ORANGE COUNTY (CHOC OR THE COMPANY) ESTABLISHED A NONQUALIFIED DEFERRED COMPENSATION PLAN EFFECTIVE JANUARY 1, 2010, IN WHICH CERTAIN INDIVIDUALS LISTED ON THE FORM 990, PART VII AND SCHEDULE J ARE PARTICIPANTS. UNDER THE ESTABLISHED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (THE PLAN), OR SERP, FOR EACH PLAN YEAR THAT BEGINS PRIOR TO THE PARTICIPANT'S CASH DATE, CHOC SHALL CREATE A NEW SERP ACCOUNT ON ITS BOOKS FOR THE PARTICIPANT AND SHALL CREDIT TO SUCH ACCOUNT AT TIMES SPECIFIED. THE PARTICIPANTS OF THE PLAN ARE GENERAL CREDITORS OF THE COMPANY. THE PARTICIPANT'S SERP ACCOUNT SHALL BE UTILIZED SOLELY AS A DEVICE FOR THE MEASUREMENT AND DETERMINATION OF THE AMOUNTS TO BE PAID TO THE PARTICIPANT UNDER THIS PLAN. THE PARTICIPANT IS ENTITLED TO HIS/HER SERP BENEFIT AMOUNT UPON THE EARLIEST OF (1) REMAINING EMPLOYED WITH THE COMPANY TO THE THIRD ANNIVERSARY OF THE FIRST DAY OF THE PLAN YEAR FOR WHICH THE SERP ACCOUNT WAS CREATED; (2) REMAINING EMPLOYED WITH THE COMPANY TO THE PARTICIPANT'S 60TH BIRTHDAY; (3) REMAINING EMPLOYED WITH THE COMPANY TO THE DATE THE PARTICIPANT HAS BOTH ATTAINED AT LEAST AGE 55 AND HAS COMPLETED AT LEAST 10 YEARS OF SERVICE; (4) DISABILITY; (5) INVOLUNTARY SEPARATION FROM SERVICE WITHOUT REASONABLE CAUSE; (6) VOLUNTARY SEPARATION FROM SERVICE FOR GOOD REASON OR (7) DEATH. THE FOLLOWING INDIVIDUALS RECEIVED PAYMENTS FROM THE PLAN DURING CALENDAR YEAR 2022: MS. CRIPE ($205,154), MS. SCHILLER ($101,580), MR. GABRIEL ($76,697), MR. VAN DOLAH ($102,255), MR. ROMERO ($45,609,), MR. WEISS, DO ($60,173), MS. PATTERSON ($51,799), MR. CAPIZZI ($50,668), MS. ZIMMER ($44,669), MR. HENDERSON ($63,633), MR. FEASTER ($52,254), MS. CUNNINGHAM ($68,435), AND MR. CAPPON, MD ($57,581). THE COMPANY PROVIDES AN INCENTIVE PLAN TO ALL ELIGIBLE MEMBERS OF MANAGEMENT, INCLUDING CERTAIN INDIVIDUALS LISTED IN PART II OF SCHEDULE J. INCENTIVES ARE EARNED BASED ON ACHIEVEMENT OF ORGANIZATION AND INDIVIDUAL GOALS TYPICALLY RELATED TO QUALITY, PATIENT SAFETY, OPERATING, AND FINANCIAL PERFORMANCE AS WELL AS OTHER SIGNIFICANT CLINICAL, QUALITY, AND STRATEGIC ACHIEVEMENTS. THE COMPANY MAINTAINS A CORPORATE MEMBERSHIP IN A SOCIAL CLUB THAT IS UTILIZED FOR BUSINESS PURPOSES BY ITS EXECUTIVES, INCLUDING CERTAIN INDIVIDUALS LISTED IN PART II OF SCHEDULE J. USE OF THE CLUB AND PAYMENTS TO THE CLUB FOR BUSINESS-RELATED EXPENSES ARE SUBJECT TO THE COMPANY'S WRITTEN POLICIES AND PROCEDURES THAT INCLUDE A REQUIREMENT TO DOCUMENT THE PURPOSE AND ATTENDEES OF THE BUSINESS MEETING PRIOR TO PAYMENT. COMPENSATION FROM AN AFFILIATED ORGANIZATION KIMBERLY C. CRIPE IS COMPENSATED THROUGH CHILDREN'S HEALTHCARE OF CALIFORNIA (CHC), HOWEVER, IN ADDITION TO HER RESPONSIBILITIES FOR CHC, SHE ALSO SERVES AS AN OFFICER OF CHILDREN'S HOSPITAL OF ORANGE COUNTY, CHOC FOUNDATION, CRC REAL ESTATE CORPORATION AND CHILDREN'S HOSPITAL AT MISSION (ALL IRC SECTION 501(C)(3) AFFILIATES). MS. CRIPE DEVOTES APPROXIMATELY 71% OF HER TIME EACH WEEK TO CHILDREN'S HOSPITAL OF ORANGE COUNTY RESPONSIBILITIES WITH THE BALANCE OF HER TIME BEING SPENT ON THE OTHER RELATED ORGANIZATIONS' BUSINESS AFFAIRS. KERRI RUPPERT SCHILLER IS COMPENSATED THROUGH CHILDREN'S HEALTHCARE OF CALIFORNIA (CHC), HOWEVER, IN ADDITION TO HER RESPONSIBILITIES FOR CHC, SHE ALSO SERVES AS AN OFFICER OF CHILDREN'S HOSPITAL OF ORANGE COUNTY, CHOC FOUNDATION, CRC REAL ESTATE CORPORATION AND CHILDREN'S HOSPITAL AT MISSION (ALL IRC SECTION 501(C)(3) AFFILIATES). MS. SCHILLER DEVOTES APPROXIMATELY 50% OF HER TIME EACH WEEK TO CHILDREN'S HOSPITAL OF ORANGE COUNTY RESPONSIBILITIES WITH THE BALANCE OF HER TIME BEING SPENT ON THE OTHER RELATED ORGANIZATIONS' BUSINESS AFFAIRS. PAUL VAN DOLAH IS COMPENSATED THROUGH CHILDREN'S HEALTHCARE OF CALIFORNIA (CHC), HOWEVER, IN ADDITION TO HIS RESPONSIBILITIES FOR CHC, HE ALSO SERVES AS AN OFFICER OF CHILDREN'S HOSPITAL OF ORANGE COUNTY, CHILDREN'S HOSPITAL AT MISSION AND CRC REAL ESTATE CORPORATION (ALL IRC SECTION 501(C)(3) AFFILIATES). MR. VAN DOLAH DEVOTES APPROXIMATELY 84% OF HIS TIME EACH WEEK TO CHILDREN'S HOSPITAL OF ORANGE COUNTY RESPONSIBILITIES WITH THE BALANCE OF HIS TIME BEING SPENT ON CHILDREN'S HOSPITAL AT MISSION'S BUSINESS AFFAIRS. DURING MAY 2023, MR. VAN DOLAH TRANSITIONED TO A DIFFERENT ROLE WITHIN THE ORGANIZATION, CHIEF TRANSFORMATION OFFICER. HE WAS REPLACED BY MS KIM MILSTIEN AS CHIEF OPERATING OFFICER.

Related corporations and trusts

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

• ORANGE COUNTY MEDICAL RECIPROCAL INS CO

  C · INSURANCE · AZ · 50% owned · share of income $83,658 · share of assets $3,586,234