Childrens Hospital Medical Center is located in Cincinnati, OH. The organization was established in 1973. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2020, Childrens Hospital Medical Center employed 18,848 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, Childrens Hospital Medical Center generated $2.6b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $2.5b during the year ending 06/2020. While expenses have increased by 3.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Childrens Hospital Medical Center has awarded 231 individual grants totaling $12,673,765. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVISION OF PEDIATRIC HEALTHCARE TO PATIENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER ("CINCINNATI CHILDREN'S"), LOCATED IN CINCINNATI, OHIO, IS A PRIVATE, NOT-FOR-PROFIT IRC SEC. 501(C)(3) CORPORATION THAT OWNS AND OPERATES A COMPREHENSIVE, ACADEMIC MEDICAL CENTER THAT INCLUDES ONE OF THE NATION'S LARGEST PEDIATRIC TERTIARY CARE FACILITIES WITH RESEARCH OPERATIONS AND EXTENSIVE PEDIATRIC TEACHING PROGRAMS. SEE SCHEDULE O FOR A COMPLETE OVERVIEW OF CINCINNATI CHILDREN'S COMMUNITY BENEFITS AND PROGRAM SERVICE ACCOMPLISHMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Tweddell MD Instit Dir, Cardiothor Surg | 50 | $3,427,566 | |
Michael Fisher President & CEO | OfficerTrustee | 50 | $2,284,860 |
David Morales MD Div. Dir, Cardiology | 50 | $2,103,643 | |
Andrew Redington MD Instit Dir, Cardiology | 50 | $2,023,168 | |
Daniel Von Allmen MD Surgeon-In-Chief | Trustee | 50 | $1,803,821 |
James Anthony Quintessenza MD Cardiothoracic Surgery | 50 | $1,410,922 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Crothall Healthcare Housekeeping Services | 6/29/20 | $20,759,680 |
Zgf Architects Llc Construction Services | 6/29/20 | $6,163,875 |
Mckinsey & Company Inc Management Consulting Services | 6/29/20 | $11,299,160 |
Messer Construction Co Construction Services | 6/29/20 | $138,616,633 |
Triversity Group Llc Construction Services | 6/29/20 | $22,367,120 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,733,024 |
Related organizations | $92,140,697 |
Government grants | $228,996,986 |
All other contributions, gifts, grants, and similar amounts not included above | $43,210,345 |
Noncash contributions included in lines 1a–1f | $2,197,957 |
Total Revenue from Contributions, Gifts, Grants & Similar | $366,081,052 |
Total Program Service Revenue | $2,056,160,274 |
Investment income | $30,943,978 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $1,696,567 |
Net Rental Income | -$2,934,327 |
Net Gain/Loss on Asset Sales | $16,294,926 |
Net Income from Fundraising Events | -$322,664 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,632,357,731 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,220,544 |
Grants and other assistance to domestic individuals. | $102,802 |
Grants and other assistance to Foreign Orgs/Individuals | $3,540,903 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $12,397,010 |
Compensation of current officers, directors, key employees. | $11,424,772 |
Compensation to disqualified persons | $480,264 |
Other salaries and wages | $1,190,667,461 |
Pension plan accruals and contributions | $62,055,554 |
Other employee benefits | $179,297,955 |
Payroll taxes | $77,789,008 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,412,667 |
Fees for services: Accounting | $934,579 |
Fees for services: Lobbying | $424,168 |
Fees for services: Fundraising | $35,750 |
Fees for services: Investment Management | $2,059,952 |
Fees for services: Other | $0 |
Advertising and promotion | $5,258,180 |
Office expenses | $45,185,429 |
Information technology | $32,218,576 |
Royalties | $0 |
Occupancy | $26,557,481 |
Travel | $7,855,761 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $24,627,214 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $130,103,806 |
Insurance | $13,880,531 |
All other expenses | $192,349,400 |
Total functional expenses | $2,477,803,190 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $274,854,110 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $551,990,848 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $30,021,267 |
Prepaid expenses and deferred charges | $17,180,235 |
Net Land, buildings, and equipment | $1,310,804,811 |
Investments—publicly traded securities | $885,513,671 |
Investments—other securities | $142,868,255 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,592,653,291 |
Total assets | $6,805,886,488 |
Accounts payable and accrued expenses | $358,609,000 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $455,739,000 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $503,180,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $215,942,488 |
Total liabilities | $1,533,470,488 |
Net assets without donor restrictions | $1,655,768,000 |
Net assets with donor restrictions | $3,616,648,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,805,886,488 |
Over the last fiscal year, Childrens Hospital Medical Center has awarded $2,974,414 in support to 39 organizations.
Grant Recipient | Amount |
---|---|
Cincinnati, OH PURPOSE: Sponsorship | $1,014,261 |
CINCINNATI RECREATION COMMISSION FOUNDATION PURPOSE: Sponsorship | $385,000 |
WESLEY EDUCATION CENTER FOR CHILDREN AND FAMILIES PURPOSE: Sponsorship | $310,000 |
Cincinnati, OH PURPOSE: Sponsorship | $280,230 |
Salt Lake City, UT PURPOSE: Sponsorship | $196,311 |
Dallas, TX PURPOSE: Sponsorship | $87,313 |
Over the last fiscal year, we have identified 33 grants that Childrens Hospital Medical Center has recieved totaling $4,360,284.
Awarding Organization | Amount |
---|---|
Cure Starts Now Inc Cincinnati, OH PURPOSE: MEDICAL RESEARCH | $2,370,868 |
Leukemia & Lymphoma Society Inc Overland Park, KS PURPOSE: RESEARCH GRANT | $253,350 |
Citizens United For Research In Epilepsy Chicago, IL PURPOSE: RESEARCH GRANT | $250,000 |
Cascade Hemophilia Consortium Ann Arbor, MI PURPOSE: SUPPORT FOR MEDICAL SERVICES FOR PERSONS WITH HEMOPHILIA AND RELATED BLEEDING DISORDERS | $234,460 |
Cascade Hemophilia Consortium Ann Arbor, MI PURPOSE: SUPPORT FOR MEDICAL SERVICES FOR PERSONS WITH HEMOPHILIA AND RELATED BLEEDING DISORDERS | $170,816 |
Trustee U Estate Of Ida C Kayser Cincinnati, OH PURPOSE: PROGRAM SUPPORT | $151,916 |
Beg. Balance | $3,598,639,000 |
Earnings | -$1,888,000 |
Net Contributions | $312,366,000 |
Other Expense | $105,875,000 |
Grants | $186,594,000 |
Ending Balance | $3,616,648,000 |
Organization Name | Assets | Revenue |
---|---|---|
Childrens Hospital Medical Center Of Akron Akron, OH | $1,672,516,693 | $1,014,517,498 |
Dayton Osteopathic Hospital Miamisburg, OH | $501,177,592 | $570,828,934 |
The American Oncologic Hospital Philadelphia, PA | $209,044,246 | $415,428,111 |
Dayton Childrens Hospital Dayton, OH | $1,013,973,850 | $509,114,556 |
Mclaren Oakland Pontiac, MI | $168,482,565 | $224,272,197 |
Mary Free Bed Rehabilitation Hospital Grand Rapids, MI | $203,980,049 | $154,206,661 |
Pediatric Academic Association Inc Department Of Pediatrics B-132 Columbus, OH | $21,213,666 | $133,046,824 |
Good Shepherd Rehabilitation Hosp Allentown, PA | $49,619,773 | $80,348,113 |
Fox Chase Cancer Center Medical Group Inc Philadelphia, PA | $33,801,093 | $75,999,770 |
Magee Rehabilitation Hospital Philadelphia, PA | $215,323,152 | $63,715,771 |
Magee-Womens Research Institute And Foundation Pittsburgh, PA | $116,698,693 | $54,766,122 |
Pennsylvania Psychiatric Institute Harrisburg, PA | $13,152,215 | $36,668,874 |