Childrens Hospital Of Chicago Faculty Practice Plan Inc
- Assets
- $22.3m
- Revenue
- $28.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1986
- Data as of
- 08/2021
- EIN
- 36-3393780
Organization Overview
Childrens Hospital Of Chicago Faculty Practice Plan Inc is located in Chicago, IL. The organization was established in 1986. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Hospital Of Chicago Faculty Practice Plan Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Childrens Hospital Of Chicago Faculty Practice Plan Inc generated $28.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.2% each year . All expenses for the organization totaled $21.7m during the year ending 08/2021. While expenses have increased by 16.2% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE ACTIVITIES TO ASSIST ANN & ROBERT H. LURIE'S CHILDREN'S HOSPITAL OF CHICAGO'S RESEARCH AND EDUCATIONAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SUPPORT FOR SALARIES AND RESEARCH TO RELATED ENTITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Santhanam Suresh MD Ex-Off Dir/sr. VP Until 01/21 | Trustee | 1 | $0 |
Marleta Reynolds MD Ex-Off Dir/chf Of Surgery | Trustee | 1 | $0 |
Elizabeth J Perlman MD Ex-Off Dir/chr Dept Path/lab | Trustee | 1 | $0 |
Derek S Wheeler Ex-Officio Director/cmo | Trustee | 1 | $0 |
Matthew Davis MD Ex-Off Dir/chr Of Pediatrics | Trustee | 1 | $0 |
Erik C King MD Ex-Off Dir/pres Lcsf/physician | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,200,244 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,200,244 |
| Total Program Service Revenue | $23,261,536 |
| Investment income | $2,492,552 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $104,869 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,193,203 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,392,075 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $713,013 |
| Pension plan accruals and contributions | $42,619 |
| Other employee benefits | $41,387 |
| Payroll taxes | $64,781 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,825 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,402 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $130,492 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $499 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $21,665,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,379,095 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $180,678 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $17,728,793 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,288,566 |
| Accounts payable and accrued expenses | $1,335,944 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,335,944 |
| Net assets without donor restrictions | $20,952,622 |
| Net assets with donor restrictions | $0 |
| 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 | $22,288,566 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Childrens Hospital Of Chicago Faculty Practice Plan Inc has recieved totaling $2,200,244.
| Awarding Organization | Amount |
|---|---|
Ann & Robert H Lurie Childrens Hospital Of Chicago Chicago, IL PURPOSE: MISSION SUPPORT | $2,200,244 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cincinnati Bell Health And Welfare Trust Milwaukee, WI | $10,960 | $35,872,247 |
Childrens Hospital Of Wisconsin Foundation Inc Milwaukee, WI | $1,206,475,471 | $94,444,184 |
Milwaukee Regional Medical Center Thermal Service Inc Milwaukee, WI | $234,655,372 | $32,150,552 |
St Louis Childrens Hospital Foundation St Louis, MO | $519,869,527 | $109,928,853 |
Midwest Medical Center Galena, IL | $42,348,172 | $34,873,960 |
Evergy Inc Kansas City, MO | $52,468,726 | $27,820,976 |
Versiti Inc Milwaukee, WI | $31,675,126 | $28,432,711 |
Indiana University Health Foundation Inc Indianapolis, IN | $328,480,588 | $51,478,300 |
Oklahoma Gas And Electric Company Employees Medical Benefit Trust Des Moines, IA | $55,573 | $22,996,745 |
Baker & Mckenzie Medical Veba Tr Ua 061793 Chicago, IL | $1,238,348 | $20,940,528 |
Childrens Hospital Of Chicago Faculty Practice Plan Inc Chicago, IL | $22,288,566 | $28,193,203 |
Community General Hospital Employee Benefit Trust Sterling, IL | $99,515 | $21,314,742 |