Childrens Hospital Pediatric Associates Inc

Organization Overview

Childrens Hospital Pediatric Associates Inc is located in Boston, MA. The organization was established in 2004. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 09/2021, Childrens Hospital Pediatric Associates Inc employed 528 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Hospital Pediatric Associates 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 09/2021, Childrens Hospital Pediatric Associates Inc generated $337.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $346.8m during the year ending 09/2021. While expenses have increased by 4.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION PROVIDES MEDICAL, HEALTH CARE SERVICES, AND EDUCATIONAL SERVICES TO (SEE SCHEDULE O) BOSTON CHILDREN'S HOSPITAL AND HARVARD MEDICAL SCHOOL. THE FOUNDATION ALSO PROVIDES CARE FOR PATIENTS IN NEED OF HEALTH CARE SERVICES, REGARDLESS OF THEIR ABILITY TO PAY, AS WELL AS PROVIDING COMMUNITY BASED SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION WAS ORGANIZED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES. THE FOUNDATION PROVIDES MEDICAL AND HEALTH CARE SERVICES PRIMARILY TO PATIENTS AT BOSTON CHILDREN'S HOSPITAL, AND AT SATELLITE LOCATIONS. THE FOUNDATION MAY CHARGE FOR PATIENT CARE AND OTHER MEDICAL SERVICES, PROVIDED THAT ANY NET INCOME BE USED FOR THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES FOR WHICH THE FOUNDATION WAS CREATED. THE FOUNDATION ALSO PROVIDES CARE FOR PATIENTS REGARDLESS OF THEIR ABILITY TO PAY, AS WELL AS PROVIDING AND SUBSIDIZING HOSPITAL AND COMMUNITY BASED SERVICES THAT ARE EITHER UNAVAILABLE OR LIMITED ELSEWHERE IN THE COMMUNITY.


THE FOUNDATION RECEIVES INCOME FROM BOSTON CHILDREN'S HOSPITAL FOR PROVIDING ADMINISTRATION, SUPERVISION, AND TEACHING SERVICES. THE FOUNDATION CARRIES ON AND PROMOTES BASIC AND APPLIED MEDICAL RESEARCH AND EDUCATION IN THE FIELD OF PEDIATRIC CARE BY TEACHING STUDENTS AND OTHER MEDICAL AND SCIENTIFIC PERSONNEL; BY PROVIDING OR SUPPLEMENTING INCOME TO RESEARCH PERSONNEL THROUGH FELLOWSHIPS, RESEARCH GRANTS, AND STIPENDS; AND BY GIVING LECTURES AND PUBLISHING INFORMATION CONCERNING PROBLEMS AND RESEARCH RESULTS IN THE FIELD OF PEDIATRIC CARE IN ORDER TO EDUCATE THE GENERAL PUBLIC AND THE MEDICAL PROFESSION.


THE FOUNDATION RECEIVES REIMBURSEMENT OF CERTAIN SALARY AND FRINGE COSTS FROM GRANTS FROM BOSTON CHILDREN'S HOSPITAL.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
David Williams MD
Trustee
$1,181,605
Gary R Fleisher MD
President
$886,189
Richard Bachur MD
Trustee
$706,064
Scott Snapper MD
Trustee
$621,404
Jonathan Finkelstein MD
Physician
$551,447
Friedhelm Hildebrandt MD
Trustee
$547,913

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dana Farber Cancer Institute
Oncology Services
$4,502,594
Sentinel Benefits
Benefits Administration
$258,580
Orion Emergency
Clinical & Admin Services
$182,875
Dr Neo Farrag
Neonatology Physician Services
$167,250
Watermark Insights
Scheduling Software
$145,722
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$268,500
Government grants $4,956,995
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$5,225,495
Total Program Service Revenue$288,159,793
Investment income $6,638,950
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $36,927,295
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $336,951,533

Grants Awarded

Over the last fiscal year, Childrens Hospital Pediatric Associates Inc has awarded $15,370,161 in support to 2 organizations.

Grant RecipientAmount

BOSTON CHILDREN'S HOSPITAL

Org PageRecipient Profile

Boston, MA

PURPOSE: General Support

$15,346,161

DANA FARBER CANCER INSTITUTE

Org PageRecipient Profile

Boston, MA

PURPOSE: General Support

$24,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Childrens Hospital Pediatric Associates Inc has recieved totaling $275,335.

Awarding OrganizationAmount
The Genesis Foundation For Children Inc

Boston, MA

PURPOSE: PEDIATRIC CARE TO CHILDREN WITH SPECIAL NEEDS

$275,335
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,853,472
Net Contributions$5,225,495
Other Expense$5,394,041
Ending Balance$1,684,926

Create an account to unlock the data you need.

or