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Nonprofiteer
← LURIE CHILDRENS MEDICAL GROUP INC

Form 990 for tax year 2024

Filed by LURIE CHILDRENS MEDICAL GROUP INC.

Totals

Total revenue
$434,004,131
Total expenses
$464,023,673
Contributions and grants received
$109,801,041
Grants paid
$0
Program service revenue
$324,203,090
Investment income
$0
Other revenue
$0
Total assets, end of year
$47,955,578
Total liabilities, end of year
$41,463,634
Net assets or fund balances, end of year
$6,491,944
Program services expenses (Part IX)
$459,161,809
Management and general expenses
$4,861,864
Fundraising expenses
$0
Program service expenses (Part III)
$459,161,809

Program services were 99.0% 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

    $109,801,041

  • 1e · Government grants (contributions)

    $0

  • 2a · Program service revenue: PATIENT SERVICE REVENUE

    total $186,864,612 · related or exempt $186,864,612

  • 2b · Program service revenue: PHYS CONTRACT REVENUE

    total $41,610,645 · related or exempt $41,610,645

  • 2c · Program service revenue: MEDICARE/MEDICAID PYMTS

    total $46,072,415 · related or exempt $46,072,415

  • 2d · Program service revenue: MED ADMIN AND EDUCATION

    total $21,030,147 · related or exempt $21,030,147

  • 2e · Program service revenue: PROF SVCS TO RSCH

    total $28,625,271 · related or exempt $28,625,271

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $655,231 · program services $655,231

  • 7 · Other salaries and wages

    total $302,684,892 · program services $298,335,337 · management and general $4,349,555

  • 8 · Pension plan contributions

    total $8,292,945 · program services $8,267,684 · management and general $25,261

  • 9 · Other employee benefits

    total $68,417,648 · program services $68,416,408 · management and general $1,240

  • 11b · Fees: legal

    total $189,748 · program services $102,636 · management and general $87,112

  • 11g · Fees: other

    total $1,890,831 · program services $1,586,519 · management and general $304,312 · fundraising $0

  • 12 · Advertising and promotion

    total $9,499 · program services $9,499

  • 13 · Office expenses

    total $115,187 · program services $115,122 · management and general $65

  • 14 · Information technology

    total $49,921 · program services $46,511 · management and general $3,410

  • 16 · Occupancy

    total $7,346,086 · program services $7,321,398 · management and general $24,688

  • 17 · Travel

    total $657,806 · program services $639,996 · management and general $17,810

  • 19 · Conferences, conventions and meetings

    total $1,715,011 · program services $1,682,917 · management and general $32,094

  • 23 · Insurance

    total $21,184,492 · program services $21,184,492

  • 24a · Other expenses: BILLING & COLLECTION

    total $16,107,095 · program services $16,107,095

  • 24b · Other expenses: PATIENT EXPENSES

    total $14,591,016 · program services $14,591,016

  • 24c · Other expenses: PLAN TAX

    total $7,384,890 · program services $7,384,890

  • 24d · Other expenses: BAD DEBT EXPENSE

    total $5,424,459 · program services $5,424,459

  • 24e · All other expenses

    total $7,306,916 · program services $7,290,599 · management and general $16,317 · fundraising $0

Balance sheet

Part X, book values.

  • 4 · Accounts receivable

    beginning of year $26,908,254 · end of year $38,630,056

  • 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

    end of year $358,333

  • 8 · Inventories for sale or use

    end of year $1,045,668

  • 9 · Prepaid expenses and deferred charges

    beginning of year $89,947 · end of year $90,502

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $1,100,000

  • 14 · Intangible assets

    end of year $1,417,706

  • 15 · Other assets

    beginning of year $0 · end of year $5,313,313

  • 17 · Accounts payable and accrued expenses

    beginning of year $28,640,043 · end of year $41,463,634

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year -$1,641,842 · end of year $6,491,944

Mission and programs · 2024

Mission

LCMG values excellence and innovation in clinical and basic research, coordinated and comprehensive patient care, ongoing physician education, and evidence-based child advocacy. LCMG's mission is to provide leadership in endeavors that promote the health of children locally, nationally, and internationally.

Activities or mission (Part I)

SEE SCHEDULE O.

  • SEE SCHEDULE O.

    Expenses $459,161,809 · Revenue $324,203,090

As filed on the 2024 return.

Listed in Part VII

  • Courtney A Hardy MD

    Ex-Officio Director/President/Chair begin 1/1/25

    Total calculated
    $669,498
    From this org
    $0
    From related orgs
    $574,716
    Other
    $94,782
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $0 + $480,245 related
    Bonus
    $0 + $93,300 related
    Other
    $0 + $1,171 related
    Deferred
    $0 + $80,547 related
    Nontaxable benefits
    $0 + $14,235 related
    Filer's total
    $0 + $669,498 related
  • Estella Alonso MD

    Interim Chair through 4/1/25, Director

    Total calculated
    $762,410
    From this org
    $722,862
    From related orgs
    $0
    Other
    $39,548
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $630,875
    Bonus
    $90,647
    Other
    $1,340
    Deferred
    $33,672
    Nontaxable benefits
    $5,876
    Filer's total
    $762,410
  • Andrea Pipitone Beirne

    LCSF Director through 12/31/24

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Ann C Monahan MD

    LCPAA Director/Physician through 12/31/24

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Anthony Chin MD

    LCSF Director/Treasurer/Physician through 12/31/24

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Barbara Sullivan

    Director through 12/31/24

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Brian Bell

    LCSF Director through 12/31/24

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Cynthia K Rigsby MD

    Ex-Officio Director/Dept Chair Medical Imaging

    Total calculated
    $1,039,982
    From this org
    $0
    From related orgs
    $835,584
    Other
    $204,398
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $705,144 related
    Bonus
    $0 + $46,450 related
    Other
    $0 + $83,990 related
    Deferred
    $0 + $160,380 related
    Nontaxable benefits
    $0 + $44,018 related
    Filer's total
    $0 + $1,039,982 related
  • Derek S Wheeler MD

    Ex-Officio Director/EVP & COO

    Total calculated
    $1,184,734
    From this org
    $988,844
    From related orgs
    $0
    Other
    $195,890
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $691,115
    Bonus
    $223,635
    Other
    $74,094
    Deferred
    $165,453
    Nontaxable benefits
    $30,437
    Filer's total
    $1,184,734
  • Douglas Vaughan MD

    Director through 12/31/24

    Total calculated
    $0
    Hours/week
    1
  • Earl Cheng MD

    Director/Physician

    Total calculated
    $944,625
    From this org
    $0
    From related orgs
    $857,781
    Other
    $86,844
    Hours/week
    1 + 43 related

    Schedule J breakdown matched by us

    Base
    $0 + $856,989 related
    Bonus
    $0
    Other
    $0 + $792 related
    Deferred
    $0 + $46,000 related
    Nontaxable benefits
    $0 + $40,844 related
    Filer's total
    $0 + $944,625 related
  • Elizabeth McNally MD PhD

    Director through 12/31/24

    Total calculated
    $0
    Hours/week
    1
  • Ellen Papacek MD

    Ex-Officio Director/Division Head of Primary Care Outreach

    Total calculated
    $355,043
    From this org
    $0
    From related orgs
    $341,176
    Other
    $13,867
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $294,364 related
    Bonus
    $0 + $46,031 related
    Other
    $0 + $781 related
    Deferred
    $0 + $12,993 related
    Nontaxable benefits
    $0 + $874 related
    Filer's total
    $0 + $355,043 related
  • Erik C King MD

    LCSF Director/Vice President/BoardVice Chair/Physician through 12/31/24

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Erin Toaz MD

    Director/Physician

    Total calculated
    $409,398
    From this org
    $0
    From related orgs
    $385,174
    Other
    $24,224
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $364,079 related
    Bonus
    $0 + $20,987 related
    Other
    $0 + $108 related
    Deferred
    $0 + $18,975 related
    Nontaxable benefits
    $0 + $5,249 related
    Filer's total
    $0 + $409,398 related
  • Hubert Benzon MD

    LCPAA Director/Physician through 12/31/24

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • James H Roth

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jeffrey Rastatter MD

    LCSF Director/Physician through 12/31/24

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • John T Walkup MD

    Ex-Officio Director/Dept Chair Psychiatry and Behavioral Health

    Total calculated
    $942,584
    From this org
    $0
    From related orgs
    $788,779
    Other
    $153,805
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $614,645 related
    Bonus
    $0 + $42,729 related
    Other
    $0 + $131,405 related
    Deferred
    $0 + $139,811 related
    Nontaxable benefits
    $0 + $13,994 related
    Filer's total
    $0 + $942,584 related
  • Kevin Mehta

    Director begin 1/1/25

    Total calculated
    $0
    Hours/week
    1
  • Marie Trzupek Lynch

    Director begin 1/1/25

    Total calculated
    $0
    Hours/week
    1
  • Maureen Seaman

    Director begin 1/1/25

    Total calculated
    $0
    Hours/week
    1
  • Nitin R Wadhwani MD

    Director Begin 1/1/25

    Total calculated
    $283,214
    From this org
    $0
    From related orgs
    $259,782
    Other
    $23,432
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $247,435 related
    Bonus
    $0 + $12,000 related
    Other
    $0 + $347 related
    Deferred
    $0 + $8,431 related
    Nontaxable benefits
    $0 + $15,001 related
    Filer's total
    $0 + $283,214 related
  • Oluwatoyin Olutoye MD

    Ex-Officio Director/Dept Chair Anesthesia

    Total calculated
    $1,103,923
    From this org
    $0
    From related orgs
    $984,877
    Other
    $119,046
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $884,361 related
    Bonus
    $0 + $100,000 related
    Other
    $0 + $516 related
    Deferred
    $0 + $104,918 related
    Nontaxable benefits
    $0 + $14,128 related
    Filer's total
    $0 + $1,103,923 related
  • Priya Verghese MD

    Director through 3/12/25/Physician

    Total calculated
    $479,432
    From this org
    $404,864
    From related orgs
    $0
    Other
    $74,568
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $369,025
    Bonus
    $35,659
    Other
    $180
    Deferred
    $30,524
    Nontaxable benefits
    $44,044
    Filer's total
    $479,432
  • Robin Bowman MD

    LCSF Board Secretary/Physician through 12/31/24

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Scott Compton

    Director Begin 1/1/25

    Total calculated
    $321,444
    From this org
    $0
    From related orgs
    $289,759
    Other
    $31,685
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $253,206 related
    Bonus
    $0 + $35,000 related
    Other
    $0 + $1,553 related
    Deferred
    $0 + $9,289 related
    Nontaxable benefits
    $0 + $22,396 related
    Filer's total
    $0 + $321,444 related
  • Shankar Rajeswaran MD

    Director begin 1/1/25

    Total calculated
    $608,989
    From this org
    $0
    From related orgs
    $565,451
    Other
    $43,538
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $537,032 related
    Bonus
    $0 + $27,850 related
    Other
    $0 + $569 related
    Deferred
    $0 + $15,081 related
    Nontaxable benefits
    $0 + $28,457 related
    Filer's total
    $0 + $608,989 related
  • Shannon Heldt PhD

    Ex-Officio Dir/Vice Chair/SVP & Chf of Pathology/Lab Med

    Total calculated
    $383,668
    From this org
    $0
    From related orgs
    $331,260
    Other
    $52,408
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $321,189 related
    Bonus
    $0 + $9,167 related
    Other
    $0 + $904 related
    Deferred
    $0 + $39,104 related
    Nontaxable benefits
    $0 + $13,304 related
    Filer's total
    $0 + $383,668 related
  • Tara Henderson MD

    Ex-Officio Director/Dept Chair Pediatrics begin 4/1/25

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Thomas Inge MD PHD

    Ex-Officio Director/Dept Chair Surgery

    Total calculated
    $1,393,185
    From this org
    $0
    From related orgs
    $1,235,833
    Other
    $157,352
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,141,504 related
    Bonus
    $0 + $93,813 related
    Other
    $0 + $516 related
    Deferred
    $0 + $113,308 related
    Nontaxable benefits
    $0 + $44,044 related
    Filer's total
    $0 + $1,393,185 related
  • Thomas Krummel MD

    Director begin 1/1/25

    Total calculated
    $0
    Hours/week
    1
  • Thomas P Shanley MD

    Ex-Officio Director/President & CEO LCH

    Total calculated
    $2,617,499
    From this org
    $0
    From related orgs
    $1,992,705
    Other
    $624,794
    Hours/week
    1 + 46 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,285,552 related
    Bonus
    $0 + $449,624 related
    Other
    $0 + $257,529 related
    Deferred
    $0 + $590,810 related
    Nontaxable benefits
    $0 + $33,984 related
    Filer's total
    $0 + $2,617,499 related
  • William James Gregory Hanifee

    LCPAA Director through 12/31/24

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Youn Jenny J Hong MD

    Director begin 1/1/25

    Total calculated
    $324,019
    From this org
    $0
    From related orgs
    $272,339
    Other
    $51,680
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $256,301 related
    Bonus
    $0 + $15,484 related
    Other
    $0 + $554 related
    Deferred
    $0 + $11,846 related
    Nontaxable benefits
    $0 + $39,834 related
    Filer's total
    $0 + $324,019 related
  • Alex P Miller

    SVP, Chief Financial Officer

    Total calculated
    $916,956
    From this org
    $0
    From related orgs
    $757,988
    Other
    $158,968
    Hours/week
    1 + 46 related

    Schedule J breakdown matched by us

    Base
    $0 + $579,360 related
    Bonus
    $0 + $177,840 related
    Other
    $0 + $788 related
    Deferred
    $0 + $118,228 related
    Nontaxable benefits
    $0 + $40,740 related
    Filer's total
    $0 + $916,956 related
  • Fatema Zanzi Esq

    EVP, Chief Admin & Legal Officer, Corporate Secretary

    Total calculated
    $1,106,837
    From this org
    $0
    From related orgs
    $932,953
    Other
    $173,884
    Hours/week
    1 + 46 related

    Schedule J breakdown matched by us

    Base
    $0 + $619,075 related
    Bonus
    $0 + $235,530 related
    Other
    $0 + $78,348 related
    Deferred
    $0 + $170,345 related
    Nontaxable benefits
    $0 + $3,539 related
    Filer's total
    $0 + $1,106,837 related
  • Annette M Wagner MD

    Physician

    Total calculated
    $671,838
    From this org
    $601,526
    From related orgs
    $0
    Other
    $70,312
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $376,397
    Bonus
    $224,194
    Other
    $935
    Deferred
    $29,043
    Nontaxable benefits
    $41,269
    Filer's total
    $671,838
  • Brett R Galley MD

    Physician

    Total calculated
    $619,295
    From this org
    $561,470
    From related orgs
    $0
    Other
    $57,825
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $518,986
    Bonus
    $42,304
    Other
    $180
    Deferred
    $29,006
    Nontaxable benefits
    $28,819
    Filer's total
    $619,295
  • Elizabeth R Alpern MD

    Physician

    Total calculated
    $638,479
    From this org
    $578,304
    From related orgs
    $0
    Other
    $60,175
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $483,498
    Bonus
    $94,024
    Other
    $782
    Deferred
    $27,841
    Nontaxable benefits
    $32,334
    Filer's total
    $638,479
  • Marcelo Malakooti MD

    Physician

    Total calculated
    $635,910
    From this org
    $587,561
    From related orgs
    $0
    Other
    $48,349
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $477,966
    Bonus
    $109,208
    Other
    $387
    Deferred
    $30,180
    Nontaxable benefits
    $18,169
    Filer's total
    $635,910
  • Patrick Seed MD PhD

    Physician

    Total calculated
    $771,469
    From this org
    $640,904
    From related orgs
    $0
    Other
    $130,565
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $501,286
    Bonus
    $139,102
    Other
    $516
    Deferred
    $89,721
    Nontaxable benefits
    $40,844
    Filer's total
    $771,469
  • Brenda Davis

    Former Interim Chief Financial Officer through 2/6/23

    Total calculated
    $384,176
    From this org
    $0
    From related orgs
    $354,713
    Other
    $29,463
    Hours/week
    0 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $300,377 related
    Bonus
    $0 + $52,988 related
    Other
    $0 + $1,348 related
    Deferred
    $0 + $12,986 related
    Nontaxable benefits
    $0 + $16,477 related
    Filer's total
    $0 + $384,176 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)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
Pursuant to the bylaws of Children's Hospital of Chicago Medical Center ("Medical Center"), the Compensation Committee of the board of directors of the Medical Center is charged with reviewing and approving senior executive compensation for the Medical Center and its affiliates and the compensation for any physician who meets the criteria for review and approval by the Committee. The Compensation Committee has adopted a written executive compensation philosophy which it follows when it reviews and approves the compensation and benefits of the organization's senior management, including the President. The compensation philosophy is subject to periodic review by the Compensation Committee for continued appropriateness in the current market. With the assistance of independent compensation consultants and information from a variety of sources (specified on Schedule J), the Compensation Committee confirmed the total amounts to be paid to identified executives and physicians were reasonable and comparable to amounts paid by similarly situated organizations to individuals in functionally similar positions. Legal counsel periodically advises the Compensation Committee with respect to federal tax requirements in setting compensation and the establishment of the "rebuttable presumption of reasonableness" under the federal tax law intermediate sanctions rules. The process followed by the Compensation Committee, including a description of the data relied upon and the Compensation Committee's decisions, was thoroughly and contemporaneously documented. The Compensation Committee has expressly reviewed the reasonableness of compensation paid to identified executives and physicians, and has concluded, as the result of a process that is designed to qualify for the rebuttable presumption of reasonableness, that all such amounts are reasonable and do not exceed fair market value for the services provided. The Compensation Committee is comprised of members of the Medical Center board of directors who have been determined to be disinterested (which means no committee member has a conflict of interest) for these purposes. The Compensation Committee conducts an ongoing, regular review of the disinterested status of its members, and will take appropriate action with respect to anyone having an interest with respect to one or more executives so as to preserve the disinterested status of the committee and, as a result, the application of the rebuttable presumption of reasonableness.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
Ann & Robert H. Lurie Children's Hospital of Chicago ("Lurie Children's") maintains a defined contribution supplemental executive retirement plan ("DC SERP"), which was established on January 1, 2017 and is a nonqualified deferred compensation plan for certain employees in executive positions for Lurie Children's and its affiliates. The benefits in the DC SERP are in the form of a fixed annual contribution rate and an earnings credit. Each year's contribution and earnings are at risk and will become fully vested and taxable only after five years of future employment service, or upon reaching age 62 with at least three years of service. Several listed persons in this Form 990 participate in the DC SERP, and the unvested contributions made for them are included in Schedule J, Part II, Column (C). The following individuals participated in the DC SERP and received a vested payment during 2024 which is reported in Column B (iii): Cynthia K. Rigsby, MD $80,760 Derek S. Wheeler, MD $73,312 Fatema Zanzi, Esq. $77,376 John T. Walkup, MD $123,000 Thomas P. Shanley, MD $253,173 CEO Deferred Compensation Listed individual Thomas Shanley MD is the sole participant in an additional supplemental retirement benefit arrangement that began in 2021. He is eligible to earn a benefit that will not become vested for several years. A prorated portion of the benefit (representing the portion earned in 2024) is reported in Column (C) as unvested deferred compensation, and will be reported again as compensation if and when the full benefit becomes vested and is subject to tax. The independent Compensation Committee of the Children's Hospital of Chicago Medical Center board, whose diligent review and approval process is described elsewhere in these narratives, has reviewed and approved Dr. Shanley's total compensation in a manner that qualifies for the rebuttable presumption of reasonableness under the federal tax law intermediate sanctions rules, and as part of this review process took into account the benefit being earned under this additional arrangement.
Schedule J, Part I, Line 7 Non-fixed payments
The organization provides annual incentive compensation to senior management under a senior management incentive compensation plan. These amounts are included in Schedule J, Part II, Column B (ii). The plan is designed to offer opportunities for additional compensation tied to performance against pre-determined goals approved in advance by the Compensation Committee of the Children's Hospital of Chicago Medical Center (Medical Center) board of directors, which serves as the Compensation Committee of Lurie Children's and Lurie Children's Medical Group, Inc. The Compensation Committee has expressly reviewed the reasonableness of all such payments and has concluded, as the result of a process that is designed to qualify for the rebuttable presumption of reasonableness under federal tax law, that all such amounts are reasonable and do not exceed fair market value for the services provided.
Schedule J, Part II RELATED COMPENSATION
The following individuals are not compensated by the reporting organization for their service as directors or officers of the reporting organization. Rather, the compensation reported on Form 990, Part VII and on Schedule J, Part II reflects compensation for the individual's substantial and full-time services as an employee paid by Ann & Robert H. Lurie Children's Hospital of Chicago (Lurie Children's). For more details, please refer to the 2024 Form 990 of Lurie Children's, FEIN 36-2170833. Alex P. Miller Brenda Davis Fatema Zanzi, Esq. Scott Compton Thomas P. Shanley, MD The following individuals are not compensated by the reporting organization for their service as a directors or officers. Rather, the compensation reported on form 990, Part VII and on Schedule J, Part II reflects compensation for the individual's substantial and full-time services as an employee paid by Children's Hospital of Chicago Medical Center (Medical Center). For more details, please refer to the 2024 form 990 of Medical Center, Fein 36-3357004. Cynthia K. Rigsby, MD Ellen Papacek, MD John T. Walkup, MD Nitin R. Wadhwani, MD Shankar Rajeswaran, MD Shannon Heldt, PhD Youn ("Jenny") J. Hong, MD The following individuals are not compensated by the reporting organization for their service as a directors or officers. Rather, the compensation reported on form 990, Part VII and on schedule J, Part II reflects compensation for the individual's substantial and full-time services as an employee paid by Lurie Children's Surgical Foundation, Inc. For more details, please refer to the 2024 form 990 of Lurie Children's Surgical Foundation, Inc., Fein 83-1650513. Earl Cheng, MD Thomas Inge, MD, PhD The following individuals are not compensated by the reporting organization for their service as a directors or officers. Rather, the compensation reported on form 990, Part VII and on schedule J, Part II reflects compensation for the individual's substantial and full-time services as an employee paid by Lurie Children's Pediatric Anesthesia Associates. For more details, please refer to the 2024 form 990 of Lurie Children's Pediatric Anesthesia Associates, Fein 37-1838535. Erin Toaz, MD Oluwatoyin Olutoye, MD

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 partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • LURIE CHILDRENS CIN LLC

    Related · CONTRACTING SVCS · IL · 2.89% owned · general or managing partner

    Directly controlled by NA

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2024
Filed
10 July 2026
IRS schema version
2024v5.1
Source object
202601919349300940

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