FURP.ORG / PUBLIC DATA EXPLORER

PHYSICIANS ORGANIZATION AT CHILDRENS HOSPITAL INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
PHYSICIANS ORGANIZATION AT CHILDRENS HOSPITAL INC (EIN 04-3266103)
Tax period
2023-10-01 to 2024-09-30
Filed
2025-07-29
IRS object ID
202522109349302012
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-07-29T19:59:52-05:00ReturnTs
Tax Period End2024-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN010494526PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Baker Newman & Noyes LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1280 Fore StreetAddressLine1Txt
CityPortlandCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04101ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043266103EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Physicians Organization at Children'sBusinessNameLine1Txt
Business Name Line2Hospital IncBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlPHYSBusinessNameControlTxt
Phone6179194078PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 Longwood AvenueAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02115ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonThomas J HartPersonNm
Person TitleCFOPersonTitleTxt
Phone6179194078PhoneNum
Signature2025-07-29SignatureDt
Discuss With Paid Preparer0DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNicholas E PortoPreparerPersonNm
PTINP01310283PTIN
Phone8002447444PhoneNum
Preparation2025-07-29PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRichard G Bachur MDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 Longwood AvenueAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02115ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$104,935,235GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1995FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionThe Organization was formed to promote health by coordinating the practice of (see Schedule O) pediatric medicine and related health care services provided by its affiliated member Foundations. The Organization supports the Foundations by assisting in managed care and risk based contracts, quality management, patient safety, and other professional management services that enhance the Foundations' operations.ActivityOrMissionDesc
Voting Members Governing Body27VotingMembersGoverningBodyCnt
Voting Members Independent1VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI-$6,168TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$25,300,027PYContributionsGrantsAmt
CY Contributions Grants$24,047,978CYContributionsGrantsAmt
PY Program Service Revenue$75,865,492PYProgramServiceRevenueAmt
CY Program Service Revenue$80,870,610CYProgramServiceRevenueAmt
PY Investment Income$26,039PYInvestmentIncomeAmt
CY Investment Income$16,647CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$101,191,558PYTotalRevenueAmt
CY Total Revenue$104,935,235CYTotalRevenueAmt
PY Grants And Similar Paid$8,325PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,312CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$33,756,221PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$40,125,660CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$60,763,418PYOtherExpensesAmt
CY Other Expenses$73,152,088CYOtherExpensesAmt
PY Total Expenses$94,527,964PYTotalExpensesAmt
CY Total Expenses$113,279,060CYTotalExpensesAmt
PY Revenues Less Expenses$6,663,594PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$8,343,825CYRevenuesLessExpensesAmt
Total Assets BOY$91,511,380TotalAssetsBOYAmt
Total Assets EOY$88,436,038TotalAssetsEOYAmt
Total Liabilities BOY$58,675,627TotalLiabilitiesBOYAmt
Total Liabilities EOY$59,714,144TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$32,835,753NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$28,721,894NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe Organization operates exclusively for the benefit of the charitable purposes of Boston Children's Hospital (the Hospital) and the affiliated Foundations. It works jointly with the Hospital and the Foundations in developing and coordinating an (see Schedule O) integrated child health system and to foster cost effective, quality patient care within that system. The Organization negotiates and enters into agreements with insurers, payors, managed care plans, and fringe benefit plans on behalf of its member Foundations.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$51,409,590ExpenseAmt
Grant$1,312GrantAmt
Revenue$39,213,538RevenueAmt
DescThe Physicians Organization at Children's Hospital, Inc. (the Organization) sponsors health, dental, life, and disability benefit plans for the member Foundations. The health and dental plans are self-funded with internal premiums based upon the expected utilization of the plan members. Any surplus or deficit generated at the plan year-end is applied to the calculation when determining the subsequent year's premiums. Life and disability revenue is directly offset by premiums paid to the insurance carriers.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$22,151,383ExpenseAmt
Revenue$16,896,344RevenueAmt
DescThe Organization provides professional services to certain member Foundations to assist them in accounting, consulting, strategic management, quality programs, patient billing, patient safety, coordinated care cost containment, and other administrative services. Annual membership dues received from member Foundations support the administrative activities of the members by arranging for the delivery of healthcare services with insurers, managed care plans, and health maintenance organizations.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$32,461,719ExpenseAmt
Revenue$24,760,728RevenueAmt
DescThe Organization has entered into leases at satellite locations for clinical and general office space. Member Foundations reimburse the Organization for use of these facilities at cost. In addition, the Organization provides management services to the Hospital and Foundations. The Hospital or Foundation reimburses the Organization for salary and fringe support of employees.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$106,022,692TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document183IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members27GoverningBodyVotingMembersCnt
Independent Voting Member1IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Thomas J HartBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6179194078PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1300 Longwood AvenueAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02115ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
Steven J Fishman MD
Director5.0055.00Yes (X)$0$1,550,657$134,070
Richard G Bachur MD
President15.0045.00Yes (X)$0$828,216$101,796Yes (X)
Joseph P Cravero MD
Director5.0055.00Yes (X)$0$1,106,301$148,128
Young-Jo Kim MD
Clerk/Treasurer5.0055.00Yes (X)$0$1,441,431$86,518Yes (X)
Minider S Kocher MD
Director5.0055.00Yes (X)$0$2,342,292$112,309
Christina VanderPluym MD
PO BOD at Large5.0055.00Yes (X)$0$372,220$97,921
Caroline Robson MD
Non-Chief Member5.0055.00Yes (X)$0$556,628$78,527
Nicole Ullrich MD
Non-Chief Member5.0065.00Yes (X)$0$317,746$48,670
Tina Young Poussaint MD
Director5.0055.00Yes (X)$0$1,039,799$78,570
Menno Verhave MD
Non-Chief Member5.0055.00Yes (X)$0$369,093$68,461
Mark R Proctor MD
Chairman5.0055.00Yes (X)$0$1,426,064$97,991Yes (X)
Tal Geva MD
Director5.0055.00Yes (X)$0$836,994$75,157
John G Meara MD DMD
Director5.0055.00Yes (X)$0$1,235,849$131,102
Man Wai Ng DDS MPH
Director5.0055.00Yes (X)$0$422,217$58,109
Gary R Fleisher MD
Physician-in-Chief (non-voting)5.0055.00Yes (X)$0$715,583$70,413
Gregory Young MD
Director (non-voting)(10/23-12/23)5.0055.00Yes (X)$0$515,844$69,210
Scott L Pomeroy MD
Director5.0055.00Yes (X)$0$251,123$34,311
David G Hunter MD PhD
Director5.0055.00Yes (X)$0$1,072,742$136,184
Mark D Fleming MD
Director5.0055.00Yes (X)$0$1,067,955$99,716
Martha M Murray MD
Director5.0055.00Yes (X)$0$903,838$71,753
Pedro J del Nido MD
Director5.0055.00Yes (X)$0$3,426,009$76,163
Michael J Cunningham MD FACS
Director5.0055.00Yes (X)$0$1,132,739$105,482
Steven D Krichmar
Community Representative5.000.00Yes (X)$0$0$0
Kevin Churchwell MD
Director5.0055.00Yes (X)$0$3,062,634$135,259
Christopher Viney
Director5.0055.00Yes (X)$0$174,862$10,902
Carlos R Estrada MD
Director5.0055.00Yes (X)$0$1,166,573$117,169
Wendy K Chung MD PhD
Director5.0055.00Yes (X)$0$1,029,489$53,481
Stacey Drury MD
Director5.0055.00Yes (X)$0$950,877$45,487
Demosthenes Argys
Director5.0055.00Yes (X)$0$1,085,881$51,848
Margaret Fry MD
Director (non-voting)(1/24-9/24)5.0055.00Yes (X)$0$525,086$31,024
Thomas J Hart
CFO60.001.00$0$565,609$71,600Yes (X)
Irene G Paresky
COO45.001.00$0$654,202$74,943Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$32,146,553TotReportableCompRltdOrgAmt
Total Other Compensation$2,572,274TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Massachusetts General Physicians Organiz
55 Fruit StreetBostonMA02114Physiatry services$2,284,821
Harvard Medical Faculty Physicians at BI
375 Longwood Ave 3rd FloorBostonMA02115Physician services$1,199,596
BDO USA LLP
One International PlaceBostonMA02110Consulting services$456,679
Thomas Vorder Dpm
100 Landsdowne Street Apt 904CambridgeMA02139Physician services$368,468
Baker Newman & Noyes LLC
PO Box 507PortlandME04112Audit & Tax services$286,200
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K18CntrctRcvdGreaterThan100KCnt
Related Organizations$24,047,978RelatedOrganizationsAmt
Total Contributions$24,047,978TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Insurance premiums524298$39,213,538$39,213,538
Other service revenue524298$24,760,728$24,760,728
Membership dues524298$18,615,066$18,615,066
Patient service revenue621300-$1,718,722-$1,718,722
FieldValueIRS element (for citing)
Total Program Service Revenue$80,870,610TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,647TotalRevenueColumnAmt
Unrelated Business Revenue-$6,168UnrelatedBusinessRevenueAmt
Exclusion$22,815ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$104,935,235TotalRevenueColumnAmt
Related Or Exempt Func Income$80,870,610RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$6,168UnrelatedBusinessRevenueAmt
Exclusion$22,815ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,312TotalAmt
Program Services$1,312ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$40,125,660TotalAmt
Program Services$40,125,660ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$525,731TotalAmt
Management And General$525,731ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$645,540TotalAmt
Management And General$645,540ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$6,527,216TotalAmt
Program Services$4,707,071ProgramServicesAmt
Management And General$1,820,145ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,765,288TotalAmt
Program Services$6,092,487ProgramServicesAmt
Management And General$1,672,801ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,430,920TotalAmt
Program Services$1,430,920ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,898TotalAmt
Program Services$5,898ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$86,617TotalAmt
Program Services$86,617ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$384,780TotalAmt
Program Services$384,780ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$155,070TotalAmt
Management And General$155,070ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Payroll reimbursement e$27,078,679$24,641,598$2,437,081
Integrated care coordin$24,438,381$24,438,381
Collection expense$1,347,445$1,347,445
Minor equipment$161,901$161,901

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,598,622TotalAmt
Program Services$2,598,622ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$113,279,060TotalAmt
Program Services$106,022,692ProgramServicesAmt
Management And General$7,256,368ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,724,389BOYAmt
EOY$8,544,938EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,892,987BOYAmt
EOY$1,694,491EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$28,591,107BOYAmt
EOY$30,339,085EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$428,645BOYAmt
EOY$428,645EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$295,634BOYAmt
EOY$234,557EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$10,518,601LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$9,669,182LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,143,792BOYAmt
EOY$849,419EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$30,060,607BOYAmt
EOY$31,227,190EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$1,627,791BOYAmt
EOY$1,741,174EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$17,746,428BOYAmt
EOY$13,376,539EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$91,511,380BOYAmt
EOY$88,436,038EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,072,349BOYAmt
EOY$7,688,163EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$51,603,278BOYAmt
EOY$52,025,981EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$58,675,627BOYAmt
EOY$59,714,144EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$25,724,290BOYAmt
EOY$23,882,809EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,111,463BOYAmt
EOY$4,839,085EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$32,835,753BOYAmt
EOY$28,721,894EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$91,511,380BOYAmt
EOY$88,436,038EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$8,343,825ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$4,229,966NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Func IntYes (X)SupportingOrgType3FuncIntInd
Supported Organizations16SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (16 entries)

EINEINOrganization TypeOrganizationTypeCdGoverning Document ListedGoverningDocumentListedIndSupportSupportAmtOther SupportOtherSupportAmt
Boston Children's Heart Foundation Inc
04279069910Yes (1)$0$1,546,201
Boston Pediatric Neurosurgical Foundation Inc
04298609710Yes (1)$0$564,232
Boston Plastic & Oral Surgery Foundation Inc
04328671810Yes (1)$0$718,852
CHMC Anesthesia Foundation Inc
04270216910Yes (1)$0$2,450,036
CHMC Cardiovascular Surgical Foundation Inc
04276437010Yes (1)$0$728,472
CHMC Otolaryngologic Foundation Inc
04275125810Yes (1)$0$858,978
CHMC Surgical Foundation Inc
04276760210Yes (1)$0$910,021
CH Neurology Foundation Inc
22267859410Yes (1)$0$1,020,520
Children's Hospital Ophthalmology Foundation Inc
04286408110Yes (1)$0$770,288
Children's Orthopaedic Surgery Foundation Inc
04294314610Yes (1)$0$1,204,591
Children's Hospital Pathology Foundation Inc
04308542710Yes (1)$0$352,015
Children's Hospital Pediatric Associates Inc
43198740910Yes (1)$0$5,003,002
Children's Hospital Radiology Foundation Inc
04325964710Yes (1)$0$942,890
Children's Sports Medicine Foundation Inc
04297012910Yes (1)$0$887,456
Children's Urological Foundation Inc
04291030410Yes (1)$0$663,327
Children's Medical Center Corporation
0427744413Yes (1)$0$0
FieldValueIRS element (for citing)
Supported Organizations Total16SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$18,620,881OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

FieldValueIRS element (for citing)
Timely Provided DocumentsYes (1)TimelyProvidedDocumentsInd
Officers Close RelationshipYes (1)OfficersCloseRelationshipInd
Supported Org Voice InvestmentYes (1)SupportedOrgVoiceInvestmentInd

Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp

FieldValueIRS element (for citing)
Activities TestYes (X)ActivitiesTestInd
Activities Further Exempt PrpsYes (1)ActivitiesFurtherExemptPrpsInd
Activities Engaged Org InvlmntYes (1)ActivitiesEngagedOrgInvlmntInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Question 12c:The Physicians Organization at Children's Hospital, Inc. (the PO) is responsible for providing management services to the supported organizations listed. The PO has the power to approve the legal counsel of the supported organizations. The PO has delegated the process to the Medical Center's audit committee. The PO also has the right to review the annual budgets and approve the by-law changes of these organizations. The support amounts in Column VI represents an approximation of the value of support provided to each supported organization.
Part IV, Section D, Line 3:As board members of the organization, representatives of the supported organizations have direct responsibility for and control over all of the Organization's operations, policies, and assets.
Part IV, Section E, Line 2a:The Physicians Organization at Children's Hospital, Inc. (the PO) provides management services to the supported organizations listed in Part I, Question 12. These services included patient billing, receivables management, accounting, access, and scheduling; insurance contract negotiations; benefits administration; and a billing reporting system. By providing these services, the PO allowed the supported organizations to further their exempt purposes through providing services to patients, medical research, and educational services for the community.
Part IV, Section E, Line 2b:The supported organizations of the Physicians Organization at Children's Hospital, Inc. (the PO) would engage in the services provided to them without the involvement of the PO. The services are an integral part of operations that are essential to the Organizations' ability to fulfill their charitable missions.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$7,111,463BeginningYearBalanceAmt
Contributions$24,047,978ContributionsAmt
Administrative Expenses$26,320,356AdministrativeExpensesAmt
End Year Balance$4,839,085EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,837,750BeginningYearBalanceAmt
Contributions$25,300,027ContributionsAmt
Administrative Expenses$23,026,314AdministrativeExpensesAmt
End Year Balance$7,111,463EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,539,820BeginningYearBalanceAmt
Contributions$16,721,405ContributionsAmt
Administrative Expenses$16,423,475AdministrativeExpensesAmt
End Year Balance$4,837,750EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,839,833BeginningYearBalanceAmt
Contributions$18,402,450ContributionsAmt
Administrative Expenses$15,702,463AdministrativeExpensesAmt
End Year Balance$4,539,820EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,990,011BeginningYearBalanceAmt
Contributions$12,865,571ContributionsAmt
Administrative Expenses$13,015,749AdministrativeExpensesAmt
End Year Balance$1,839,833EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY1.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,429,590OtherCostOrOtherBasisAmt
Depreciation$2,001,936DepreciationAmt
Book Value$427,654BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,089,011OtherCostOrOtherBasisAmt
Depreciation$7,667,246DepreciationAmt
Book Value$421,765BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$849,419TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescPrivate Investment PartnershipDesc
Book Value$31,227,190BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$31,227,190TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
Due from member Foundations$6,134,389
Due from Boston Children's Hospital$374,748
Other receivables$71,863
Right of use asset$6,795,539
FieldValueIRS element (for citing)
Total Book Value Other Assets$13,376,539TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
Due to member Foundations and affiliates$40,576,452
Accrual for unbilled insurance claims$2,955,414
Due to CHICO$1,312,912
Lease liability$7,181,203
FieldValueIRS element (for citing)
Total Liability$52,025,981TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$109,165,201TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$4,229,966NetUnrealizedGainsInvstAmt
Revenue Not Reported$4,229,966RevenueNotReportedAmt
Revenue Subtotal$104,935,235RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$104,935,235TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$113,279,060TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$113,279,060ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$113,279,060TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part V, Line 4:The restricted funds represent a donation that was given for ACO contributions to enhance clinical care. The use of these funds was restricted by the donor.
Part X, Line 2:The Organization is a tax-exempt organization, as described in Section 501(c)(3) of the Internal Revenue Code (the Code), and is exempt from federal income taxes on related income pursuant to Section 501(a) of the Code. In addition, the Organization qualifies for the charitable contribution deduction under Section 170(b)(1)(A), and has been classified as an organization that is not a private foundation under Section 509(a)(3). Tax-exempt organizations could be required to record an obligation for income taxes as the result of a tax position they have historically taken on various tax exposure items, including unrelated business income or tax status. Management of the Organization has evaluated the positions taken on the Organization's filed tax returns and has concluded that no uncertain income tax positions exist at September 30, 2024.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (31 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Pedro J del Nido MD
Director$0$3,265,860$0$25,000$0$135,149$0$23,554$0$52,609$0$3,502,172$0$0
Kevin Churchwell MD
Director$0$1,575,560$0$927,675$0$559,399$0$29,700$0$105,559$0$3,197,893$0$0
Minider S Kocher MD
Director$0$790,043$0$1,457,707$0$94,542$0$68,000$0$44,309$0$2,454,601$0$0
Steven J Fishman MD
Director$0$1,274,520$0$203,000$0$73,137$0$66,000$0$68,070$0$1,684,727$0$0
Young-Jo Kim MD
Clerk/Treasurer$0$499,067$0$885,000$0$57,364$0$68,000$0$18,518$0$1,527,949$0$0
Mark R Proctor MD
Chairman$0$839,210$0$550,800$0$36,054$0$68,000$0$29,991$0$1,524,055$0$0
John G Meara MD DMD
Director$0$550,000$0$605,000$0$80,849$0$69,000$0$62,102$0$1,366,951$0$0
Carlos R Estrada MD
Director$0$770,000$0$354,722$0$41,851$0$62,500$0$54,669$0$1,283,742$0$0
Joseph P Cravero MD
Director$0$798,535$0$58,720$0$249,046$0$96,000$0$52,128$0$1,254,429$0$28,232
Michael J Cunningham MD FACS
Director$0$919,800$0$114,958$0$97,981$0$66,000$0$39,482$0$1,238,221$0$0
David G Hunter MD PhD
Director$0$980,971$0$54,017$0$37,754$0$94,375$0$41,809$0$1,208,926$0$0
Mark D Fleming MD
Director$0$760,812$0$288,070$0$19,073$0$62,250$0$37,466$0$1,167,671$0$0
Demosthenes Argys
Director$0$732,464$0$216,971$0$136,446$0$29,700$0$22,148$0$1,137,729$0$0
Tina Young Poussaint MD
Director$0$648,069$0$335,832$0$55,898$0$35,000$0$43,570$0$1,118,369$0$0
Wendy K Chung MD PhD
Director$0$375,000$0$615,833$0$38,656$0$34,234$0$19,247$0$1,082,970$0$0
Stacey Drury MD
Director$0$514,370$0$427,708$0$8,799$0$36,300$0$9,187$0$996,364$0$0
Martha M Murray MD
Director$0$699,999$0$145,000$0$58,839$0$68,000$0$3,753$0$975,591$0$0
Richard G Bachur MD
President$0$807,360$0$14,266$0$6,590$0$62,234$0$39,562$0$930,012$0$0
Tal Geva MD
Director$0$677,811$0$100,000$0$59,183$0$30,500$0$44,657$0$912,151$0$0
Gary R Fleisher MD
Physician-in-Chief (non-voting)$0$469,469$0$84,166$0$161,948$0$34,234$0$36,179$0$785,996$0$0
Irene G Paresky
COO$0$495,826$0$100,056$0$58,320$0$35,000$0$39,943$0$729,145$0$0
Thomas J Hart
CFO$0$439,232$0$87,520$0$38,857$0$68,000$0$3,600$0$637,209$0$0
Caroline Robson MD
Non-Chief Member$0$481,046$0$25,936$0$49,646$0$35,000$0$43,527$0$635,155$0$0
Gregory Young MD
Director (non-voting)(10/23-12/23)$0$506,167$0$0$0$9,677$0$34,234$0$34,976$0$585,054$0$0
Margaret Fry MD
Director (non-voting)(1/24-9/24)$0$473,863$0$47,250$0$3,973$0$23,100$0$7,924$0$556,110$0$0
Man Wai Ng DDS MPH
Director$0$411,708$0$15,500$0-$4,991$0$36,300$0$21,809$0$480,326$0$0
Christina VanderPluym MD
PO BOD at Large$0$274,050$0$50,000$0$48,170$0$53,264$0$44,657$0$470,141$0$0
Menno Verhave MD
Non-Chief Member$0$352,513$0$652$0$15,928$0$34,234$0$34,227$0$437,554$0$0
Nicole Ullrich MD
Non-Chief Member$0$258,760$0$13,935$0$45,051$0$43,500$0$5,170$0$366,416$0$0
Scott L Pomeroy MD
Director$0$161,890$0$55,000$0$34,233$0$32,465$0$1,846$0$285,434$0$0
Christopher Viney
Director$0$115,096$0$60,000$0-$234$0$1,751$0$9,151$0$185,764$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 4bFormAndLineReferenceDesc
ExplanationThe Severance Benefit is to reward a key employee with a monetary severance benefit based on years of service with the Organization. Under the terms of the plan, the participant is eligible for benefits upon completion of a number of years of service. The liability owed to that officer or director listed on Part VII for the Severance Benefit Plan is the COO. A Supplemental Executive Retirement Plan (SERP) was established to reward licensed physician employees with a benefit based on service. The SERP's sources of contributions are from employer discretionary amounts (if any), severance benefits, and elective deferrals. The Foundations made contributions to the retirement plans for Richard G. Bachur, MD, $28,000 (457(f)); Christina VanderPluym, MD, $22,764 (defined benefit pension plan); and Joseph P. Cravero, MD, $51,150 (SERP).ExplanationTxt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonRichard G Bachur MDPersonNm
Relationship With OrgPresidentRelationshipWithOrgTxt
Loan PurposePurchase of common stockLoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$428,645OriginalPrincipalAmt
Balance Due$428,645BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written AgreementYes (1)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$428,645TotalBalanceDueAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule L, Part IIFormAndLineReferenceDesc
ExplanationDuring the year ended September 30, 2018, the Physicians Organization at Children's Hospital, Inc. (the PO) entered into a promissory note in the amount of $428,645 with the President of the PO, Richard G. Bachur, MD, to purchase common stock in the Longwood Medical Trust (LMT) on behalf of the PO. The LMT requires that each shareholder be a physician. An agency agreement was executed between the PO and the President to meet the shareholder requirement. The President's interest in LMT cannot be sold without the written consent of the PO. LMT retains the right of first refusal to repurchase the stock if the President is: incapacitated; files for bankruptcy; ceases to be employed by an affiliated Foundations of Boston Children's Hospital; or dies. However, the PO has the right to assign a replacement purchaser upon the triggering of any right of first refusal of LMT to repurchase the share.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 6The Children's Medical Center Corporation (the Medical Center) is the Class "A" member of the Physicians Organization at Children's Hospital, Inc. (the Organization). The Class "B" members consist of those persons time to time as the Elected Officers of the Corporation and the four non-chief At-Large individuals elected by the Physicians Organization Congress. The Chief Operating Officer and the Chief Financial Officer of the Organization have the right to attend all meetings of the Board of Directors but they are not entitled to vote.
Form 990, Part VI, Section A, line 7aThe majority of the board members of the Physicians Organization at Children's Hospital, Inc. (the Organization) are elected by the Physicians Organization Congress. The President, the Chair of the Board, the Chief Operating Officer, the Chief Financial Officer, and the Clerk/Treasurer are the principal officers of the Organization. The principal officers may appoint such assistants and other officers as they deem necessary, and such other officers shall have such authority and shall perform such duties as from time to time may be prescribed by the Board or principal officers. The Organization may also have such agents, if any, as the Board from time to time and at its discretion may appoint. A lay member of the Board of Trustees of the Class "A" member serves as the community representative of the Organization.
Form 990, Part VI, Section A, line 7bAll of the board decisions are subject to approval by the Class "B" members of the Physicians Organization at Children's Hospital, Inc. (the Organization). The Class "A and "B" members have the right to approve the following: a) hiring and firing of senior management of the Organization excluding the officers; b) legal counsel of the Organization and any Foundation which approval shall not be withheld if selected from an approved list of firms mutually agreed to by the Board and the Members; and c) amendments to the Articles of Organization and by-laws of any Foundation but only after initiation and approval of such amendments by the Board of Directors of such Foundation. The Board has delegated the audit and compliance authority to the Boston Children's Hospital (the Hospital) Audit Committee for the selection of the external auditor or internal audit programs. The Audit Committee shall meet according to a schedule developed by the Hospital in consultation with the PO. The Audit Committee shall: (a) approve the selection of all external auditors to ensure quality and integrity of Foundation financial statements or other related regulatory or internal audits; and (b) monitor internal controls (including, but not limited to, accounting, compliance, regulatory matters, and designing policies to mitigate risk).
Form 990, Part VI, Section B, line 11bThe board has voted to designate the review process to the Executive Committee which is comprised of the elected and non-elected members of the Organization. The Physicians Organization at Children's Hospital, Inc. will review the Form 990 with the Executive Committee. A copy of the Form 990 will be provided to the Physicians Organization Executive Committee prior to filing. The detailed review will be conducted before filing the return with the Internal Revenue Service.
Form 990, Part VI, Section B, line 12cIn conjunction with Boston Children's Hospital (the Hospital), the Physicians Organization at Children's Hospital, Inc. (the Organization) has a Conflict of Interest and Commitment policy that applies to all Chiefs, Senior Directors, Directors, and others who exercise influence over important strategic, business, and purchasing decisions of the PO. They are required to complete an annual conflict of interest disclosure questionnaire about their financial interest and outside activities. If an expected questionnaire is not returned, the Compliance Officer notifies the individual's supervisor or the CEO/COO, and repeated requests for the completed questionnaire are made until the questionnaire is completed. Responses are reviewed by the Compliance Officer and any potential conflicts are discussed with the Office of General Counsel and/or the individual's supervisor; any actual or potential conflicts are managed by resolution of the conflict. Management of the conflict, recusal, disclosure, review, or a combination thereof. Any person not receiving a disclosure statement nevertheless has an affirmative obligation to disclose to the PO President, PO General Counsel, or his/her supervisor whenever he/she believes he/she has or may have a conflict of interest. Similarly, each person completing a disclosure statement has an affirmative obligation to update the statement any time circumstances change and/or he/she believes that a conflict of interest may exist. In the event a conflict of interest is found to exist, the Organization prohibits the member from voting on any matter to which the conflict relates or otherwise influence the voting on such matter. Violation of this policy may result in disciplinary or other remedial action, including disruption of employment and removal from office.
Form 990, Part VI, Section B, line 15The Physicians Organization at Children's Hospital, Inc. (the Organization) has a compensation committee that is comprised of elected officers. Compensation of non-elected officers and key employees are reviewed annually and benchmarked against comparable positions at similar entities. Goals are established at the beginning of the fiscal year which is an indicator in determining the subsequent year annual compensation increase. The Organization committee reviews and approves the annual compensation of the Chief Operating Officer, the Chief Financial Officer, and the Directors of the Organization. Faculty compensation must comply with the Boston Children's Hospital Physician Compensation Guidelines. These guidelines are developed in consultation with an independent external compensation consulting firm and are approved by independent Compensation Committee of the Board of Children's Medical Center Corporation and Boston Children's Hospital. The guidelines set the maximum compensation limits based on a peer group analysis for the Foundation. The maximum compensation limits are based on pediatric specialty, sub-specialty, academic rank, research, teaching and administrative responsibilities, and include productivity adjustments. Any proposed compensation that exceeds the limits must be prospectively approved by the independent Compensation Committee of the Board of the Hospital. Annual compensation for individual faculty members is set by the President of each Foundation, reviewed, and approved by the Foundation in accordance with the Foundation's compensation policies and procedures. The Foundation's President's compensation is reviewed and approved annually on a prospective basis by the Boston Children's Hospital Chief Executive Officer and President.
Form 990, Part VI, Section C, line 19The Organization maintains all financial statements, conflict of interest policies, and governing documents at its main office at 300 Longwood Avenue, Boston, MA 02115. The documents are available upon request.
Form 990, Part XII, Line 2c:The audit process and scope has not changed from the prior year.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1Boston Business Advisors LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 Station DriveAddressLine1Txt
CityWestwoodCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02090ZIPCd
FieldValueIRS element (for citing)
EIN844320270EIN
Primary ActivitiesAccounts Receivable ManagementPrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd
Total Income$702,237TotalIncomeAmt
End Of Year Assets$532,732EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1Physicians Organization at Children's Hospital IncBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (16 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
Boston Children's Heart Foundation Inc
300 Longwood AvenueBostonMA02115042790699HealthcareMA501(c)(3)10N/A0
Boston Pediatric Neurosurgical Foundation Inc
300 Longwood AvenueBostonMA02115042986097HealthcareMA501(c)(3)10N/A0
Boston Plastic & Oral Surgery Foundation Inc
300 Longwood AvenueBostonMA02115043286718HealthcareMA501(c)(3)10N/A0
CHMC Anesthesia Foundation Inc
300 Longwood AvenueBostonMA02115042702169HealthcareMA501(c)(3)10N/A0
CHMC Cardiovascular Surgical Foundation Inc
300 Longwood AvenueBostonMA02115042764370HealthcareMA501(c)(3)10N/A0
CHMC Otolaryngologic Foundation Inc
300 Longwood AvenueBostonMA02115042751258HealthcareMA501(c)(3)10N/A0
CHMC Surgical Foundation Inc
300 Longwood AvenueBostonMA02115042767602HealthcareMA501(c)(3)10N/A0
CH Neurology Foundation Inc
300 Longwood AvenueBostonMA02115222678594HealthcareMA501(c)(3)10N/A0
Children's Hospital Ophthalmology Foundation Inc
300 Longwood AvenueBostonMA02115042864081HealthcareMA501(c)(3)10N/A0
Children's Orthopaedic Surgery Foundation Inc
300 Longwood AvenueBostonMA02115042943146HealthcareMA501(c)(3)10N/A0
Children's Hospital Pathology Foundation Inc
300 Longwood AvenueBostonMA02115043085427HealthcareMA501(c)(3)10N/A0
Children's Hospital Pediatric Association Inc
300 Longwood AvenueBostonMA02115431987409HealthcareMA501(c)(3)10N/A0
Children's Hospital Radiology Foundation Inc
300 Longwood AvenueBostonMA02115043259647HealthcareMA501(c)(3)10N/A0
Children's Sports Medicine Foundation Inc
300 Longwood AvenueBostonMA02115042970129HealthcareMA501(c)(3)10N/A0
Children's Urological Foundation Inc
300 Longwood AvenueBostonMA02115042910304HealthcareMA501(c)(3)10N/A0
Boston Children's Hospital
300 Longwood AvenueBostonMA02115042774441HospitalMA501(c)(3)3N/A0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd