Childrens Health Care

Organization Overview

Childrens Health Care, operating under the name Children's Minnesota, is located in Minneapolis, MN. The organization was established in 1994. 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 12/2021, Children's Minnesota employed 6,080 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Children's Minnesota 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 12/2020, Children's Minnesota generated $867.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $872.8m during the year ending 12/2020. While expenses have increased by 3.1% 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.

Since 2014, Children's Minnesota has awarded 109 individual grants totaling $2,606,278. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

CHILDREN'S MINNESOTA CHAMPIONS THE SPECIAL NEEDS OF CHILDREN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOSPITAL PROGRAM SERVICES: FAMILIES LOOK TO CHILDREN'S MINNESOTA FOR THE FINEST IN PEDIATRIC ARE. WITH TWO PEDIATRIC HOSPITAL FACILITIES AND 429 STAFFED BEDS, WE CHAMPION THE SPECIAL HEALTH NEEDS OF CHILDREN AND THEIR FAMILIES AND ARE COMMITTED TO PROVIDING HIGH-QUALITY, FAMILY CENTERED PEDIATRIC SERVICES. THE LEAPFROG GROUP'S ANNUAL LIST OF TOP HOSPITALS NAMED CHILDREN'S MINNESOTA'S MINNEAPOLIS AND ST. PAUL HOSPITALS AS TWO OF THE TOP TEN PEDIATRIC HOSPITALS IN THE COUNTRY FOR QUALITY AND EFFICIENCY.SEE SCHEDULE O.


RESEARCH: CHILDREN'S HAS 403 OPEN RESEARCH STUDIES, OF WHICH 180 ARE ACTIVELY RECRUITING CLINICAL TRIALS. IN 2021 CHILDREN'S RECEIVED ABOUT $30.0 MILLION FROM INDUSTRY CONTRACTS AND FEDERAL STATE AND FOUNDATION SPONSORS. TYPES OF STUDIES AND TRIALS CONDUCTED AT CHILDREN'S ARE INVESTIGATOR-INITIATED STUDIES, EXTERNAL MULTI-CENTER TRIALS, OBSERVATIONAL STUDIES, REGISTRIES, AND SUPPORTIVE SERVICES SUCH AS CASE MANAGEMENT. CHILDREN'S HAD ONGOING RESEARCH IN EMERGENCY/TRAUMA, CYSTIC FIBROSIS, DIABETES AND ENDOCRINOLOGY, CARDIOVASCULAR AND CRITICAL CARE, PAIN AND PALLIATIVE CARE, INTEGRATIVE MEDICINE, GENETICS, CANCER AND BLOOD DISORDERS, AND NEONATOLOGY ENT AND REHAB. SEE SCHEDULE O.


EDUCATION: MANY EFFORTS TO IMPROVE THE HEALTH AND WELL-BEING OF CHILDREN AND YOUTH REQUIRE LONG-TERM INVESTMENT IN THEIR FUTURE. CHILDREN'S PROVIDES EDUCATION AND TRAINING PROGRAMS FOR PROVIDERS, HEALTH CARE STUDENTS, AND OTHER HEALTH PROFESSIONALS IN THE FOLLOWING AREAS: 1) COMMUNITY MEDICAL EDUCATION FOR COMMUNITY PHYSICIANS: DURING THE 2021 CALENDAR YEAR, CHILDREN'S PROVIDED TRAINING TO 377 AFFILIATED RESIDENTS AND FELLOWS, AND HOSTED 341 MEDICAL STUDENT & 668 RESIDENT ROTATIONS AT CHILDREN'S MINNEAPOLIS, CHILDREN'S ST PAUL, OR BOTH LOCATIONS.SEE SCHEDULE O.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cerner Corporation
Hardware/software
$8,489,502
Medical Staffing Solutions Inc
Nurse Staffing
$4,607,274
Children's Heart Clinic Pa
Physician Services
$13,948,075
Sodexo Inc & Affiliates
Nutrition & Envi Svr
$4,174,061
Children's Respiratory & Critical Care
Physician Services
$4,586,559
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$74,186,416
Investment income $25,789,042
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $70,872
Net Gain/Loss on Asset Sales -$2,614,575
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $867,625,507

Grants Awarded

Over the last fiscal year, Childrens Health Care has awarded $179,570 in support to 12 organizations.

Grant RecipientAmount

Mendota Heights, MN

PURPOSE: COURAGE NORTH CAMP

$42,002

YMCA OF THE GREATER TWIN CITIES

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: CYCLEHEALTH SPONSORSHIP

$26,500

Minneapolis, MN

PURPOSE: IN KIND

$22,793

AMERICAN HEART ASSOCIATION

Org PageRecipient Profile

Dallas, TX

PURPOSE: TWIN CITIES HEART BALL SPONSORSHIP

$15,000

AFRICAN AMERICAN LEADERSHIP FORUM

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: BLACK LIVES AMPLIFIED SPONSORSHIP

$15,000

CHILDREN'S HEALTH CARE FOUNDATION

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: GALA SPONSORSHIP AND MEMORIAL

$11,125
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Childrens Health Care has recieved totaling $626,916.

Awarding OrganizationAmount
Cystic Fibrosis Foundation

Bethesda, MD

PURPOSE: CF CARE CENTER

$149,195
Public Health Institute

Oakland, CA

PURPOSE: Research

$121,595
Cystic Fibrosis Foundation

Bethesda, MD

PURPOSE: CLINICAL RESEARCH CENTER

$120,084
Childrens Oncology Group Foundation

Philadelphia, PA

PURPOSE: TO CURE CHILDREN AND IMPROVE CAPACITY AND QUALITY OF CANCER TREATMENT.

$60,000
St Baldricks Foundation Inc

Monrovia, CA

PURPOSE: PEDIATRIC CANCER RESEARCH

$50,000
Cystic Fibrosis Foundation

Bethesda, MD

PURPOSE: ADHERENCE

$45,587
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$181,082,325
Earnings$27,004,317
Net Contributions$2,426,002
Grants$6,634,730
Ending Balance$203,877,914

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