Form 990 for tax year 2024
Filed by Lurie Children's Pediatric Anesthesia Associates.
Totals
- Total revenue
- $14,156,504
- Total expenses
- $12,864,837
- Contributions and grants received
- $6,298,751
- Grants paid
- $0
- Program services expenses (Part IX)
- $12,779,394
- Management and general expenses
- $85,443
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $12,779,394
Program services were 99.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
OLUWATOYIN OLUTOYE MD
EX-OFFICIO DIRECTOR/PRESIDENT/DEPT CHAIR ANESTHESIA
- Total calculated
- $1,103,923
- From this org
- $984,877
- From related orgs
- $0
- Other
- $119,046
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $884,361
- Bonus
- $100,000
- Other
- $516
- Deferred
- $104,918
- Nontaxable benefits
- $14,128
- Filer's total
- $1,103,923
-
ANN C MONAHAN MD
DIRECTOR/PHYSICIAN
- Total calculated
- $427,227
- From this org
- $362,408
- From related orgs
- $0
- Other
- $64,819
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $340,765
- Bonus
- $21,523
- Other
- $120
- Deferred
- $18,975
- Nontaxable benefits
- $45,844
- Filer's total
- $427,227
-
ERIN TOAZ MD
DIRECTOR/PHYSICIAN
- Total calculated
- $409,398
- From this org
- $385,174
- From related orgs
- $0
- Other
- $24,224
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $364,079
- Bonus
- $20,987
- Other
- $108
- Deferred
- $18,975
- Nontaxable benefits
- $5,249
- Filer's total
- $409,398
-
HUBERT BENZON MD
DIRECTOR/PHYSICIAN
- Total calculated
- $575,511
- From this org
- $510,692
- From related orgs
- $0
- Other
- $64,819
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $477,017
- Bonus
- $33,516
- Other
- $159
- Deferred
- $18,975
- Nontaxable benefits
- $45,844
- Filer's total
- $575,511
-
JAMES H ROTH
DIRECTOR
- 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
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
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
EVP, CHIEF ADMIN & LEGAL OFFICER, CORP SEC
- 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
-
ALINA LAZAR MD
PHYSICIAN
- Total calculated
- $581,790
- From this org
- $521,971
- From related orgs
- $0
- Other
- $59,819
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $488,270
- Bonus
- $33,451
- Other
- $250
- Deferred
- $18,975
- Nontaxable benefits
- $40,844
- Filer's total
- $581,790
-
LISA SOHN MD
PHYSICIAN
- Total calculated
- $579,572
- From this org
- $546,546
- From related orgs
- $0
- Other
- $33,026
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $515,649
- Bonus
- $30,717
- Other
- $180
- Deferred
- $18,975
- Nontaxable benefits
- $14,051
- Filer's total
- $579,572
-
RAVI SHAH MD
PHYSICIAN
- Total calculated
- $652,436
- From this org
- $592,617
- From related orgs
- $0
- Other
- $59,819
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $524,398
- Bonus
- $68,039
- Other
- $180
- Deferred
- $18,975
- Nontaxable benefits
- $40,844
- Filer's total
- $652,436
-
RICHARD M DSIDA MD
PHYSICIAN
- Total calculated
- $715,586
- From this org
- $667,792
- From related orgs
- $0
- Other
- $47,794
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $636,374
- Bonus
- $30,626
- Other
- $792
- Deferred
- $18,975
- Nontaxable benefits
- $28,819
- Filer's total
- $715,586
-
SCOTT A STENQUIST MD
PHYSICIAN
- Total calculated
- $601,675
- From this org
- $553,881
- From related orgs
- $0
- Other
- $47,794
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $528,211
- Bonus
- $24,681
- Other
- $989
- Deferred
- $18,975
- Nontaxable benefits
- $28,819
- Filer's total
- $601,675
-
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 + 42 related
Schedule J breakdown matched by us
- Base
- $0 + $300,378 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 + $384,177 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 — 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 MEDICAL CENTER IS CHARGED WITH REVIEWING AND APPROVING SENIOR EXECUTIVE COMPENSATION FOR THE MEDICAL CENTER AND ITS AFFILIATES (INCLUDING ANN & ROBERT H. LURIE CHILDREN'S HOSPITAL OF CHICAGO (LURIE CHILDREN'S) AND LURIE CHILDREN'S PEDIATRIC ANESTHESIA ASSOCIATES) 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 SEEK THE RECUSAL FROM DECISIONMAKING OF 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 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. 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): Thomas P. Shanley, MD $253,173 Fatema Zanzi $77,376 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 financial, patient satisfaction, patient safety and individual 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 Pediatric Anesthesia Associates. 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 paid by Ann & Robert H. Lurie Children's Hospital of Chicago (Lurie Children's) for the individual's substantial and full-time services as an employee. For more details, please refer to the 2024 Form 990 of Lurie Children's, FEIN 36-2170833. Alex P. Miller Brenda Davis Fatema Zanzi Thomas P. Shanley, 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.
-
501(c)(3) · TRANSITION CR · IL
Directly controlled by MEDICAL CTR
-
STANLEY MANNE CHILDREN'S RESC INSTITUTE
501(c)(3) · RESEARCH · IL
Directly controlled by MEDICAL CTR
-
LURIE CHILDREN'S HOSPITAL OF CHICAGO FDN
501(c)(3) · FUNDRAISING · IL
Directly controlled by MEDICAL CTR
-
CHILDREN'S HOSPITAL OF CHICAGO MED CTR
501(c)(3) · HEALTH CARE · IL
Directly controlled by NA
-
PEDIATRIC FACULTY FOUNDATION INC
501(c)(3) · HLTH CRE/RSCH · IL
Directly controlled by MEDICAL CTR
-
LURIE CHILDRENS LIABILITY PROTECTION PRG
501(c)(3) · INSURANCE · IL
Directly controlled by MEDICAL CTR
-
501(c)(3) · HOSPITAL · IL
Directly controlled by MEDICAL CTR
-
CHILDREN'S HOSPITAL OF CHICAGO FPP
501(c)(3) · SUPPORTING ORG · IL
Directly controlled by MEDICAL CTR
-
LURIE CHILDREN'S SURGICAL FOUNDATION INC
501(c)(3) · HLTH CRE/RSCH · IL
Directly controlled by MEDICAL CTR
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 21 October 2025
- IRS schema version
- 2024v5.1
- Source object
- 202502949349300530
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