Skip to content
Nonprofiteer
← CHMC ANESTHESIA FOUNDATION INC RETIREE MEDICAL BENEFIT TRUST

Form 990 for tax year 2024

Filed by CHMC ANESTHESIA FOUNDATION INC RETIREE MEDICAL BENEFIT TRUST.

Totals

Total revenue
$1,435,618
Total expenses
$184,208
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$1,435,618
Other revenue
$0
Total assets, end of year
$33,927,669
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$33,927,669
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 3 · Investment income

    total $778,777 · excluded $778,777

  • 7a · Gross sales of assets other than inventory

    securities $8,736,036

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

    securities $8,079,195

  • 7c · Gain or loss

    securities $656,841

  • 7d · Net gain or loss

    total $656,841 · excluded $656,841

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $184,208

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $664,214 · end of year $332,950

  • 11 · Investments: publicly traded securities

    beginning of year $29,921,223 · end of year $33,594,719

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $30,585,437 · end of year $33,927,669

Mission and programs · 2024

Mission

The retiree medical plan is a welfare plan as defined by ERISA. The plan is funded entirely by CHMC Anesthesia Foundation, Inc. (the employer). Benefits reimburse qualifying medical expenses defined in IRC Sections 213(d), incurred by participants, spouses, and dependent children not reimbursed from other sources.

Activities or mission (Part I)

Tax-exempt employee benefit trust

  • Benefits to participants, spouses, and dependent children; the employer (CHMC Anesthesia Foundation, Inc.) does not charge for donated services.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Joseph P Cravero MD

    President

    Total calculated
    $1,275,179
    From this org
    $0
    From related orgs
    $1,126,002
    Other
    $149,177
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $887,833 related
    Bonus
    $0 + $47,650 related
    Other
    $0 + $190,519 related
    Deferred
    $0 + $96,500 related
    Nontaxable benefits
    $0 + $52,677 related
    Filer's total
    $0 + $1,275,179 related

  • Nina Deutsch MD

    Director (start 4/25)

    Total calculated
    $942,784
    From this org
    $0
    From related orgs
    $793,684
    Other
    $149,100
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $576,499 related
    Bonus
    $0 + $121,360 related
    Other
    $0 + $95,825 related
    Deferred
    $0 + $96,500 related
    Nontaxable benefits
    $0 + $52,600 related
    Filer's total
    $0 + $942,784 related

  • James Dinardo MD

    Director (end 4/25)

    Total calculated
    $1,157,204
    From this org
    $0
    From related orgs
    $1,041,893
    Other
    $115,311
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $628,202 related
    Bonus
    $0 + $88,320 related
    Other
    $0 + $325,371 related
    Deferred
    $0 + $66,000 related
    Nontaxable benefits
    $0 + $49,311 related
    Filer's total
    $0 + $1,157,204 related

  • Jeffrey Burns MD

    Director (end 4/25)

    Total calculated
    $998,995
    From this org
    $0
    From related orgs
    $883,684
    Other
    $115,311
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $755,371 related
    Bonus
    $0 + $40,000 related
    Other
    $0 + $88,313 related
    Deferred
    $0 + $66,000 related
    Nontaxable benefits
    $0 + $49,311 related
    Filer's total
    $0 + $998,995 related

  • Lynne Ferrari MD

    Director (end 4/25)

    Total calculated
    $816,759
    From this org
    $0
    From related orgs
    $701,448
    Other
    $115,311
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $603,862 related
    Bonus
    $0 + $45,772 related
    Other
    $0 + $51,814 related
    Deferred
    $0 + $66,000 related
    Nontaxable benefits
    $0 + $49,311 related
    Filer's total
    $0 + $816,759 related

  • Christine Greco MD

    Director (start 4/25)

    Total calculated
    $945,772
    From this org
    $0
    From related orgs
    $796,832
    Other
    $148,940
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $493,794 related
    Bonus
    $0 + $67,700 related
    Other
    $0 + $235,338 related
    Deferred
    $0 + $94,159 related
    Nontaxable benefits
    $0 + $54,781 related
    Filer's total
    $0 + $945,772 related

  • Michael McManus MD

    Director (start 4/25)

    Total calculated
    $723,444
    From this org
    $0
    From related orgs
    $608,133
    Other
    $115,311
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $502,291 related
    Bonus
    $0 + $40,000 related
    Other
    $0 + $65,842 related
    Deferred
    $0 + $66,000 related
    Nontaxable benefits
    $0 + $49,311 related
    Filer's total
    $0 + $723,444 related

  • Nilesh Mehta MD

    Director (start 4/25)

    Total calculated
    $801,934
    From this org
    $0
    From related orgs
    $654,193
    Other
    $147,741
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $471,482 related
    Bonus
    $0 + $60,060 related
    Other
    $0 + $122,651 related
    Deferred
    $0 + $96,500 related
    Nontaxable benefits
    $0 + $51,241 related
    Filer's total
    $0 + $801,934 related

  • Viviane Nasr MD

    Director (start 4/25)

    Total calculated
    $913,558
    From this org
    $0
    From related orgs
    $769,332
    Other
    $144,226
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $547,811 related
    Bonus
    $0 + $148,865 related
    Other
    $0 + $72,656 related
    Deferred
    $0 + $89,000 related
    Nontaxable benefits
    $0 + $55,226 related
    Filer's total
    $0 + $913,558 related

  • Paul R Hickey MD

    Former President

    Total calculated
    $210,413
    From this org
    $0
    From related orgs
    $210,413
    Other
    $0
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $210,413 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $210,413 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

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

Part I, Line 3
All individuals listed in Schedule J, Part II, are compensated by a related organization, CHMC Anesthesia Foundation, Inc., which relied on a compensation committee, Forms 990 of other organizations, compensation surveys/studies, and approval by the board or compensation committee to establish compensation of the CEO/Executive Director in fiscal year ending June 30, 2025.
Part I, Line 4b
CHMC Anesthesia Foundation, Inc. (the Foundation), a related organization established the CHMC Anesthesia Foundation, Inc. 2016 After-Tax Retirement Plan (the Plan) to reward long-term licensed physician employees by providing a fixed annual contribution by the Foundation, and allowing the Foundation to make additional discretionary contributions. All contributions to the Plan are made by the Foundation. Employee contributions are not permitted. The Foundation's annual contribution for each participant employed at the end of the plan year (June 30) is 6% of base salary. In addition to the regular annual contribution, the Foundation makes a one-time contribution on behalf of participants first employed by the Foundation after December 21, 2008 after completing seven years of service. The amount of the contribution is $20,000 for each of the seven years in which the participant was a full-time employee (at least 32 hours per week), and $20,000 prorated, based on the participant's full-time equivalent percentage (FTE), for each year in which the participant worked part-time. Any pre-2016 account contributions are fully vested for each participant. 50% of post-2016 earnings account amounts vest after ten years of service, 75% vest after fifteen years of service, and amounts are fully vested after twenty years of service. This plan was frozen as of June 30, 2022. The following amounts have been included in Schedule J, Part II, Column B(iii) related to the After-Tax Plan: Dr. Burns $45,342; Dr. Cravero $52,228; Dr. Dinardo $36,594; Dr. Ferrari $35,176; Dr. Deutsch $43,417; Dr. Greco $29,572; Dr. McManus $28,742; Dr. Mehta $28,295; and Dr. Nasr $31,080. During 2024, Dr. Michael McManus had a distribution from his After-Tax Plan account in the amount of $22,900. This amount has been reported in Schedule J, Part II, Column B(iii). Furthermore, as Dr. McManus's amount was reported on previous Form 990s as part of deferred compensation, it is being disclosed in Schedule J, Part II, Column F. During 2024, Dr. James Dinardo had a distribution from his After-Tax Plan account in the amount of $214,582. This amount has been reported in Schedule J, Part II, Column B(iii). Furthermore, as this amount was reported on previous Form 990s as part of deferred compensation, it is being disclosed in Schedule J, Part II, Column F. During 2024, Dr. Christine Greco had a distribution from her After-Tax Plan account in the amount of $50,451. This amount has been reported in Schedule J, Part II, Column B(iii). Dr. Christine Greco has not been reported on a prior 990 and therefore her After-Tax Plan distribution is not reported in Schedule J, Part II, Column F.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
6 May 2026
IRS schema version
2024v5.5
Source object
202601279349303530

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.