Childrens Health Care

Organization Overview

Childrens Health Care, operating under the name Children's Hospitals & Clinics of MN, 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 12/2019, Children's Hospitals & Clinics of MN employed 6,057 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Children's Hospitals & Clinics of MN generated $979.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $911.8m during the year ending 12/2019. While expenses have increased by 4.6% 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 2014, Children's Hospitals & Clinics of MN has awarded 86 individual grants totaling $2,257,383. 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

CHILDREN'S HOSPITALS AND CLINICS OF MN CHAMPIONS THE SPECIAL NEEDS OF CHILDREN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOSPITAL PROGRAM SERVICES: FAMILIES LOOK TO CHILDREN'S HOSPITALS AND CLINICS OF MINNESOTA FOR THE FINEST IN PEDIATRIC CARE. 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 HOSPITALS AND CLINICS OF 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.


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 2019 CALENDAR YEAR, CHILDREN'S PROVIDED TRAINING TO 426 AFFILIATED RESIDENTS AND FELLOWS, AND HOSTED 241 MEDICAL STUDENT & 396 RESIDENT ROTATIONS AT CHILDREN'S MINNEAPOLIS, CHILDREN'S ST PAUL, OR BOTH LOCATIONS. SEE SCHEDULE O.


RESEARCH: CHILDREN'S HAS 445 OPEN RESEARCH STUDIES, OF WHICH 182 ARE ACTIVELY RECRUITING CLINICAL TRIALS. IN 2019 CHILDREN'S RECEIVED ABOUT $25 MILLION FROM INDUSTRY CONTACTS 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.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Children's Heart Clinic Pa
Physician Services
$9,598,549
Associates In Newborn Medicine
Physician Services
$4,942,199
Children's Respiratory Critical C
Physician Services
$4,483,673
Cerner Corporation
Hardware/software
$8,380,368
Sodexo Inc Affiliates
Nutrition & Envi Svr
$5,396,674
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$16,168,688
Government grants $14,781,417
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $829,810
Total Revenue from Contributions, Gifts, Grants & Similar$30,950,105
Total Program Service Revenue$900,383,138
Investment income $39,708,658
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$15,217
Net Gain/Loss on Asset Sales $5,672,130
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $979,158,426

Grants Awarded

Over the last fiscal year, Childrens Health Care has awarded $310,218 in support to 18 organizations.

Grant RecipientAmount

PORTICO HEALTHNET

Org PageRecipient Profile

St Paul, MN

PURPOSE: Assist families in obtaining insurance Assist families in obtaining insurance Assist families in obtaining insurance Assist families in obtaining insurance

$77,393

Minneapolis, MN

PURPOSE: Sponsorship - Midtown Safety , NNO Sponsorship - Midtown Safety , NNO Sponsorship - Art, Gala, Table Talk Sponsorship

$25,000

REGIONS HOSPITAL FOUNDATION

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: Sponsorship - Little Moments

$25,000

CHILDREN'S HEALTH CARE FOUNDATION

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: Operational support and sponsorship Youth mental health and NNO Community Connect, CHA Mpls, Memorials CHA Mpls, Memorials CHA Mpls, Gala, Memorials

$24,875

Arlington, VA

PURPOSE: Sponsorship - Nurse of the Year Sponsorship - March of Dimes Sponsorship - Nurse of the Year Sponsorship - Nurse of the Yr, Sig Chef

$16,900

CRISTO REY JESUIT HIGH SCHOOL

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: Sponsorship - Corporate Work Study Sponsorship - Corporate Work Study

$16,400
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Childrens Health Care has recieved totaling $99,986.

Awarding OrganizationAmount
Childrens Cancer Research Fund

Minneapolis, MN

PURPOSE: EMERGING SCIENTIST RESEARCH

$99,986
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$155,118,943
Earnings$20,519,755
Net Contributions$2,564,577
Grants$6,210,104
Ending Balance$171,993,171

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