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Nonprofiteer
← CHILDRENS HEALTH CARE ASSOCIATES INC

Form 990 for tax year 2023

Filed by CHILDRENS HEALTH CARE ASSOCIATES INC.

Totals

Total revenue
$412,858,323
Total expenses
$402,606,838
Contributions and grants received
$1,100,000
Grants paid
$21,110,150
Program service revenue
$405,676,056
Investment income
$6,082,267
Other revenue
$0
Total assets, end of year
$246,822,214
Total liabilities, end of year
$91,102,623
Net assets or fund balances, end of year
$155,719,591
Program services expenses (Part IX)
$369,791,020
Management and general expenses
$32,815,818
Fundraising expenses
$0
Program service expenses (Part III)
$369,791,020

Program services were 91.8% 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

    $1,100,000

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

    total $353,453,551 · related or exempt $353,453,551

  • 2b · Program service revenue: RESEARCH REVENUE

    total $16,470,002 · related or exempt $16,470,002

  • 2c · Program service revenue: OTHER PROGRAM REVENUE

    total $35,752,503 · related or exempt $35,752,503

  • 3 · Investment income

    total $4,530,870 · excluded $4,530,870

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $6,339,960

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

    securities $4,788,563

  • 7c · Gain or loss

    securities $1,551,397

  • 7d · Net gain or loss

    total $1,551,397 · excluded $1,551,397

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $21,110,150 · program services $21,110,150

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $6,796,192 · program services $4,676,166 · management and general $2,120,026

  • 6 · Compensation of disqualified persons

    total $1,182,763 · management and general $1,182,763

  • 7 · Other salaries and wages

    total $263,166,866 · program services $245,184,085 · management and general $17,982,781

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $44,480,310 · program services $40,680,776 · management and general $3,799,534

  • 10 · Payroll taxes

    total $13,680,454 · program services $12,453,973 · management and general $1,226,481

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $31,222 · program services $28,495 · management and general $2,727

  • 11c · Fees: accounting

    total $90,368 · management and general $90,368

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $76,752 · management and general $76,752

  • 11g · Fees: other

    total $15,965,711 · program services $5,516,320 · management and general $10,449,391

  • 12 · Advertising and promotion

    total $194,005 · program services $180,737 · management and general $13,268

  • 13 · Office expenses

    total $562,141 · program services $523,355 · management and general $38,786

  • 14 · Information technology

    total $1,609,285 · program services $1,396,045 · management and general $213,240

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $4,738,924 · program services $4,422,102 · management and general $316,822

  • 17 · Travel

    total $1,925,346 · program services $1,691,806 · management and general $233,540

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $734,571 · program services $683,256 · management and general $51,315

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $91,402 · program services $13,768 · management and general $77,634

  • 23 · Insurance

    total $14,020,155 · program services $13,957,821 · management and general $62,334

  • 24a · Other expenses: AFFILIATED PROGRAM EXPENSE

    total $1,523,298 · program services $7,298,613 · management and general -$5,775,315

  • 24b · Other expenses: PATIENT RELATED SUPPLIES

    total $7,485,849 · program services $7,466,101 · management and general $19,748

  • 24c · Other expenses: DEV., EDU., & SUBSCRIPTIONS

    total $1,971,736 · program services $1,832,608 · management and general $139,128

  • 24d · Other expenses: RESEARCH EXPENSE

    total $20,932 · program services $20,932

  • 24e · All other expenses

    total $1,148,406 · program services $653,911 · management and general $494,495

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,175 · end of year $2,655

  • 2 · Savings and temporary cash investments

    beginning of year $65,480,867 · end of year $80,927,665

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $60,266,933 · end of year $64,071,831

  • 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 $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $254,780 · end of year $294,154

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

    $4,904,638

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

    $4,491,910

  • 10c · Land, buildings and equipment, net

    beginning of year $441,627 · end of year $412,728

  • 11 · Investments: publicly traded securities

    beginning of year $57,701,320 · end of year $64,142,834

  • 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 $0 · end of year $0

  • 15 · Other assets

    beginning of year $43,047,550 · end of year $36,970,347

  • 17 · Accounts payable and accrued expenses

    beginning of year $38,722,071 · end of year $43,996,779

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 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 $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $46,623,952 · end of year $47,105,844

  • 27 · Net assets without donor restrictions

    beginning of year $141,850,229 · end of year $155,719,591

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

SEE SCHEDULE O

  • TO PROVIDE HEALTH CARE, RESEARCH AND TEACHING SERVICES. THE ORGANIZATION OFFERS FINANCIAL ASSISTANCE FOR MEDICALLY NECESSARY CARE TO PATIENTS/FAMILIES WHO MEET THE ELIGIBILITY REQUIREMENTS OF THE FINANCIAL ASSISTANCE POLICY OF THE CHILDREN'S HOSPITAL OF PHILADELPHIA AND ITS AFFILIATES. THE ORGANIZATION SUPPORTS THE MEDICAL RESEARCH AND TEACHING MISSIONS OF THE CHILDREN'S HOSPITAL OF PHILADELPHIA.

    Expenses $369,791,020 · Grants $21,110,150 · Revenue $405,676,056

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Joseph W St Geme III MD

    PRESIDENT/INTERIM TREASURER

    Total calculated
    $1,677,281
    From this org
    $1,630,847
    From related orgs
    $0
    Other
    $46,434
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $1,034,073
    Bonus
    $451,667
    Other
    $145,107
    Deferred
    $33,000
    Nontaxable benefits
    $13,434
    Filer's total
    $1,677,281

  • Susan Furth MD

    FORMER VICE PRESIDENT

    Total calculated
    $1,202,601
    From this org
    $1,145,876
    From related orgs
    $0
    Other
    $56,725
    Hours/week
    0 + 45 related

    Schedule J breakdown matched by us

    Base
    $621,880
    Bonus
    $411,257
    Other
    $112,739
    Deferred
    $33,000
    Nontaxable benefits
    $23,725
    Filer's total
    $1,202,601

  • James Treat MD

    DIRECTOR

    Total calculated
    $786,962
    From this org
    $710,529
    From related orgs
    $0
    Other
    $76,433
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $491,575
    Bonus
    $121,595
    Other
    $97,359
    Deferred
    $44,209
    Nontaxable benefits
    $32,224
    Filer's total
    $786,962

  • Jack Rychik MD

    ASSOCIATE CHIEF ACADEMIC AFFAI

    Total calculated
    $747,924
    From this org
    $688,811
    From related orgs
    $0
    Other
    $59,113
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $577,235
    Bonus
    $62,148
    Other
    $49,428
    Deferred
    $33,000
    Nontaxable benefits
    $26,113
    Filer's total
    $747,924

  • Hakon Hakonarson MD

    PHYSICIAN

    Total calculated
    $737,297
    From this org
    $679,130
    From related orgs
    $0
    Other
    $58,167
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $517,735
    Bonus
    $144,336
    Other
    $17,059
    Deferred
    $33,000
    Nontaxable benefits
    $25,167
    Filer's total
    $737,297

  • Joseph Rossano MD

    DIVISION CHIEF

    Total calculated
    $732,095
    From this org
    $668,384
    From related orgs
    $0
    Other
    $63,711
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $468,826
    Bonus
    $94,610
    Other
    $104,948
    Deferred
    $44,209
    Nontaxable benefits
    $19,502
    Filer's total
    $732,095

  • Michael Posencheg MD

    PHYSICIAN

    Total calculated
    $707,105
    From this org
    $633,170
    From related orgs
    $0
    Other
    $73,935
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $482,015
    Bonus
    $120,510
    Other
    $30,645
    Deferred
    $44,764
    Nontaxable benefits
    $29,171
    Filer's total
    $707,105

  • David Piccoli MD

    DIRECTOR

    Total calculated
    $687,753
    From this org
    $0
    From related orgs
    $667,211
    Other
    $20,542
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $561,147 related
    Bonus
    $0 + $96,879 related
    Other
    $0 + $9,185 related
    Deferred
    $0 + $9,900 related
    Nontaxable benefits
    $0 + $10,642 related
    Filer's total
    $0 + $687,753 related

  • Eric Eichenwald MD

    DIRECTOR

    Total calculated
    $685,107
    From this org
    $622,910
    From related orgs
    $0
    Other
    $62,197
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $541,694
    Bonus
    $61,460
    Other
    $19,756
    Deferred
    $33,000
    Nontaxable benefits
    $29,197
    Filer's total
    $685,107

  • Vivekanand Allada MD

    PHYSICIAN

    Total calculated
    $670,303
    From this org
    $623,706
    From related orgs
    $0
    Other
    $46,597
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $557,694
    Bonus
    $59,652
    Other
    $6,360
    Deferred
    $33,000
    Nontaxable benefits
    $13,597
    Filer's total
    $670,303

  • Louis Bell MD

    DIRECTOR

    Total calculated
    $639,489
    From this org
    $0
    From related orgs
    $628,810
    Other
    $10,679
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $514,871 related
    Bonus
    $0 + $107,775 related
    Other
    $0 + $6,164 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $10,679 related
    Filer's total
    $0 + $639,489 related

  • Kathleen Shaw MD

    DIRECTOR

    Total calculated
    $620,470
    From this org
    $561,152
    From related orgs
    $0
    Other
    $59,318
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $405,233
    Bonus
    $95,667
    Other
    $60,252
    Deferred
    $33,000
    Nontaxable benefits
    $26,318
    Filer's total
    $620,470

  • Rebecca Simmons MD

    DIRECTOR

    Total calculated
    $587,036
    From this org
    $525,597
    From related orgs
    $0
    Other
    $61,439
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $384,649
    Bonus
    $99,520
    Other
    $41,428
    Deferred
    $33,000
    Nontaxable benefits
    $28,439
    Filer's total
    $587,036

  • Daniel West MD

    DIRECTOR

    Total calculated
    $582,580
    From this org
    $522,160
    From related orgs
    $0
    Other
    $60,420
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $390,571
    Bonus
    $94,364
    Other
    $37,225
    Deferred
    $33,000
    Nontaxable benefits
    $27,420
    Filer's total
    $582,580

  • Anne Reilly MD

    DIRECTOR

    Total calculated
    $571,911
    From this org
    $535,556
    From related orgs
    $0
    Other
    $36,355
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $424,150
    Bonus
    $94,347
    Other
    $17,059
    Deferred
    $33,000
    Nontaxable benefits
    $3,355
    Filer's total
    $571,911

  • Alexis Thompson MD

    DIRECTOR

    Total calculated
    $539,596
    From this org
    $479,062
    From related orgs
    $0
    Other
    $60,534
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $381,459
    Bonus
    $88,513
    Other
    $9,090
    Deferred
    $33,000
    Nontaxable benefits
    $27,534
    Filer's total
    $539,596

  • Angela Ellison MD

    VICE PRESIDENT, SECRETARY

    Total calculated
    $525,995
    From this org
    $451,378
    From related orgs
    $0
    Other
    $74,617
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $350,341
    Bonus
    $99,257
    Other
    $1,780
    Deferred
    $44,764
    Nontaxable benefits
    $29,853
    Filer's total
    $525,995

  • Michael Corbo

    TREASURER & DIR. (THRU 2/24)

    Total calculated
    $505,750
    From this org
    $0
    From related orgs
    $466,002
    Other
    $39,748
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $329,163 related
    Bonus
    $0 + $113,026 related
    Other
    $0 + $23,813 related
    Deferred
    $0 + $26,030 related
    Nontaxable benefits
    $0 + $13,718 related
    Filer's total
    $0 + $505,750 related

  • Andrea Duncan MD

    DIRECTOR

    Total calculated
    $485,796
    From this org
    $437,694
    From related orgs
    $0
    Other
    $48,102
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $354,322
    Bonus
    $82,211
    Other
    $1,161
    Deferred
    $43,398
    Nontaxable benefits
    $4,704
    Filer's total
    $485,796

  • Alison Marx

    VICE CHAIR ADMINISTRATION

    Total calculated
    $403,406
    From this org
    $0
    From related orgs
    $360,994
    Other
    $42,412
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $268,573 related
    Bonus
    $0 + $84,747 related
    Other
    $0 + $7,674 related
    Deferred
    $0 + $30,509 related
    Nontaxable benefits
    $0 + $11,903 related
    Filer's total
    $0 + $403,406 related

  • Brian Fisher Do

    DIRECTOR

    Total calculated
    $398,161
    From this org
    $333,763
    From related orgs
    $0
    Other
    $64,398
    Hours/week
    45 + 1 related

    Schedule J breakdown matched by us

    Base
    $268,802
    Bonus
    $62,665
    Other
    $2,296
    Deferred
    $34,630
    Nontaxable benefits
    $29,768
    Filer's total
    $398,161

  • Marlena Ferguson

    FORMER ASSISTANT TREASURER

    Total calculated
    $338,543
    From this org
    $0
    From related orgs
    $299,755
    Other
    $38,788
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $0 + $214,320 related
    Bonus
    $0 + $56,791 related
    Other
    $0 + $28,644 related
    Deferred
    $0 + $23,843 related
    Nontaxable benefits
    $0 + $14,945 related
    Filer's total
    $0 + $338,543 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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 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)

FORM 990, SCHEDULE J, PART I, LINE 4
JOSEPH W ST GEME III, MD - 134,919 SUSAN FURTH, MD - 107,444 DANIEL WEST, MD - 31,922 REBECCA SIMMONS, MD - 11,764 KATHLEEN SHAW, MD - 11,764 ANNE REILLY, MD - 11,764 ERIC EICHENWALD, MD - 11,764 HAKON HAKONARSON, MD - 11,764 JAMES TREAT, MD - 96,127 JOSEPH ROSSANO, MD - 103,745 JACK RYCHIK, MD - 11,764 MICHAEL CORBO - 11,146 THE FOLLOWING INDIVIDUALS ALSO PARTICIPATED: BRIAN FISHER, MD, ANGELA ELLISON, MD, MICHAEL POSENCHEG, MD, AND ANDREA DUNCAN, MD.
SCHEDULE J, PART I, LINE 7
CERTAIN SENIOR LEADERS ARE ELIGIBLE TO RECEIVE INCENTIVES AS DETERMINED BY THE COMPENSATION COMMITTEE OF THE CHILDREN'S HOSPITAL OF PHILADELPHIA.
SCHEDULE J, PART II
CHILDREN'S HEALTH CARE ASSOCIATES, INC. (CHCA) IS A SUBSIDIARY OF THE CHILDREN'S HOSPITAL OF PHILADELPHIA. CHCA'S PHYSICIANS, WHO ARE COMMON LAW EMPLOYEES, ARE W-2 EMPLOYEES OF EITHER THE UNIVERSITY OF PENNSYLVANIA (AN UNRELATED ORGANIZATION) OR THE CHILDREN'S HOSPITAL OF PHILADELPHIA (A RELATED ORGANIZATION). COMPENSATION REPORTED MAY INCLUDE COMPENSATION FOR SERVICES TO OTHER RELATED ORGANIZATIONS.

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.

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 corporations and trusts

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

  • VITARA BIOMEDICAL INC

    C CORP · BIOMEDICAL · DE

    Directly controlled by CHOP FOUNDATION

Provenance

Return type
form_990
Tax year
2023
Filed
4 April 2025
IRS schema version
2023v6.0
Source object
202501019349302200

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