CHILDRENS MEDICAL CENTER: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- CHILDRENS MEDICAL CENTER (EIN 04-1174680)
- Tax period
- 2015-10-01 to 2016-09-30
- Filed
- 2017-08-15
- IRS object ID
- 201732279349301103
- Schema version
- 2015v3.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-08-15T06:14:48-05:00 | ReturnTs |
| Tax Period End | 2016-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ernst & Young LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 Clarendon Street | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021165072 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 041174680 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Children's Medical Center Corporation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHIL | BusinessNameControlTxt |
| Phone | 6173556000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Shattuck Street | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02115 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Doug Vanderslice | PersonNm |
| Person Title | Treasurer & CFO | PersonTitleTxt |
| Phone | 6173557312 | PhoneNum |
| Signature | 2017-08-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeanne M Schuster | PreparerPersonNm |
| PTIN | P00743154 | PTIN |
| Phone | 6172662000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Sandra Fenwick | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Shattuck Street | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02115 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $710,889,792 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1869 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | Holds & manages investments for Children's Hospital Corp. and its affiliated organiizations. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 1122 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $2,202,162 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $2,197,679 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $129,623 | PYContributionsGrantsAmt |
| CY Contributions Grants | $382,072 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $32,008,518 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $134,079,511 | CYProgramServiceRevenueAmt |
| PY Investment Income | $96,993,408 | PYInvestmentIncomeAmt |
| CY Investment Income | $47,887,440 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,285,618 | PYOtherRevenueAmt |
| CY Other Revenue | $5,476,254 | CYOtherRevenueAmt |
| PY Total Revenue | $133,417,167 | PYTotalRevenueAmt |
| CY Total Revenue | $187,825,277 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $32,013,711 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $113,711,513 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $22,080,381 | PYOtherExpensesAmt |
| CY Other Expenses | $59,607,403 | CYOtherExpensesAmt |
| PY Total Expenses | $54,094,092 | PYTotalExpensesAmt |
| CY Total Expenses | $173,318,916 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $79,323,075 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $14,506,361 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,645,634,071 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,836,213,770 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,130,892,093 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,166,834,063 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $514,741,978 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $669,379,707 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To operate exclusively for the benefit of The Children's Hospital Corporation and its affiliated organizations in the conduct of their charitable, educational and scientific functions. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $17,960,843 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $11,770 | RevenueAmt |
| Desc | Children's Medical Center Corporation holds and manages investments exclusively for the benefit of Children's Hospital Corporation and its affiliated organizations to support the advancement of the knowledge and practice of, and education and research in, medicine, surgery, nursing and all other subjects relating to the care, treatment and healing of infants, children, adolescents and young adults, and to improve the health and welfare of all such persons. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $119,002,905 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $134,234,212 | RevenueAmt |
| Desc | Patient care - Activity from Boston Children's Health Physicians, LLP, a fully integrated health care community that provides pediatric physician inpatient and outpatient care to patients throughout the New York Metropolitan Area, the Hudson Valley, Connecticut and New Jersey. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $136,963,748 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (1) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 187 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1122 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Doug Vanderslice - CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6173556000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Shattuck Street | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02115 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Stephen Karp | ||||||||||
| Trustee-Chairman | 5.00 | 5.00 | Yes (X) | $0 | $0 | $0 | ||||
| Douglas Berthiaume | ||||||||||
| Trustee-Vice Chairman | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Allan Bufferd | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Steve Fishman MD | ||||||||||
| Trustee, ex officio (from 11/2015) | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Gary Fleisher MD | ||||||||||
| Trustee, ex officio | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Winston Henderson | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Paul Hickey MD | ||||||||||
| Trustee, ex officio (from 11/2015) | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| James Kasser MD | ||||||||||
| Trustee, ex officio | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Steven Krichmar | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Robert Langer | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Harvey LodishPhD | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Gary Loveman | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Ralph C Martin | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Thomas Melendez | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Mark Proctor MD | ||||||||||
| Trustee, ex officio (thru 10/2015) | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Kathleen Regan | ||||||||||
| Trustee (from 9/2016) | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Robert A Smith | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Robert Smyth | ||||||||||
| Trustee (thru 1/2016) | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Anne Stack MD | ||||||||||
| Trustee, ex officio (thru 10/2015) | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Alison Taunton-RigbyPhD | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Marc B Wolpow | ||||||||||
| Trustee | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Laura J Wood DNP MS RN | ||||||||||
| CNO/Non-Comp Trustee | 5.00 | 55.00 | Yes (X) | $542,370 | $0 | $51,235 | ||||
| Gregory Young MD | ||||||||||
| Trustee, ex officio | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Sandra Fenwick | ||||||||||
| President & CEO, Noncomp Trustee | 5.00 | 55.00 | Yes (X) | $1,785,722 | $0 | $66,447 | Yes (X) | |||
| Kevin Churchwell MD | ||||||||||
| EVP & COO/Noncomp Trustee | 5.00 | 55.00 | Yes (X) | $1,248,467 | $0 | $59,776 | Yes (X) | |||
| Douglas Vanderslice | ||||||||||
| SVP, Tresurer & CFO | 5.00 | 58.00 | $846,527 | $0 | $53,128 | Yes (X) | ||||
| Bruce Balter | ||||||||||
| Asst Treasurer/Dir Corp Finance | 5.00 | 55.00 | $247,479 | $0 | $48,819 | Yes (X) | ||||
| Michele Garvin Esq | ||||||||||
| General Counsel & Secretary | 5.00 | 58.00 | $684,399 | $0 | $49,527 | Yes (X) | ||||
| Dianne Hatfield | ||||||||||
| Asst Sec/Exec Asst (thru 7/2016) | 5.00 | 55.00 | $116,579 | $0 | $20,411 | Yes (X) | ||||
| Chad Cotter | ||||||||||
| Asst Sec/Exec Asst (from 7/2016) | 5.00 | 55.00 | $107,575 | $0 | $26,191 | Yes (X) | ||||
| Demosthenes Argys | ||||||||||
| SVP & Chief Admin. Officer | 5.00 | 55.00 | $668,802 | $0 | $50,453 | Yes (X) | ||||
| August Cervini | ||||||||||
| VP, Research Administration | 5.00 | 55.00 | $349,051 | $0 | $39,619 | Yes (X) | ||||
| Margaret Coughlin | ||||||||||
| SVP & Chief Marketing Officer | 5.00 | 55.00 | $465,151 | $0 | $41,565 | Yes (X) | ||||
| Michael Gillespie | ||||||||||
| VP, Clinical Services | 5.00 | 55.00 | $422,766 | $0 | $32,936 | Yes (X) | ||||
| Cynthia Haines | ||||||||||
| SVP, International Services | 5.00 | 55.00 | $375,323 | $0 | $35,691 | Yes (X) | ||||
| Patricia Hickey PhD MBA RN | ||||||||||
| VP, Cardiovascular Service | 5.00 | 55.00 | $366,329 | $0 | $44,202 | Yes (X) | ||||
| Daniel Nigrin MD | ||||||||||
| SVP & Chief Information Officer | 5.00 | 55.00 | $537,849 | $0 | $46,264 | Yes (X) | ||||
| Philip Rotner | ||||||||||
| Chief Investment Officer | 5.00 | 55.00 | $917,983 | $0 | $54,359 | Yes (X) | ||||
| Charles Weinstein | ||||||||||
| VP, RE Planning & Development | 5.00 | 55.00 | $522,815 | $0 | $47,883 | Yes (X) | ||||
| Wendy Warring | ||||||||||
| SVP, Network Development | 5.00 | 55.00 | $626,394 | $0 | $41,824 | Yes (X) | ||||
| Gerard Villucci | ||||||||||
| CEO - BCHP | 55.00 | 0.00 | $724,637 | $0 | $0 | Yes (X) | ||||
| Samir Pandya | ||||||||||
| Physician - BCHP | 55.00 | 0.00 | $691,280 | $0 | $31,503 | Yes (X) | ||||
| Whitney McBride | ||||||||||
| Physician - BCHP | 55.00 | 0.00 | $654,581 | $0 | $32,129 | Yes (X) | ||||
| Steven Schiz | ||||||||||
| Physician - BCHP | 55.00 | 0.00 | $572,262 | $0 | $30,472 | Yes (X) | ||||
| David Hedrick | ||||||||||
| Physician - BCHP | 55.00 | 0.00 | $372,847 | $0 | $18,137 | Yes (X) | ||||
| Eileen Sporing | ||||||||||
| Former SVP & CNO | 0.00 | 0.00 | $313,694 | $0 | $0 | Yes (X) | ||||
| James Mandell MD | ||||||||||
| Former President & CEO | 0.00 | 0.00 | $180,213 | $0 | $0 | Yes (X) | ||||
| Stuart Novick Esq | ||||||||||
| Former General Counsel & S | 0.00 | 0.00 | $172,953 | $0 | $0 | Yes (X) | ||||
| M Laurie Cammisa | ||||||||||
| Former VP, Child Advocacy | 0.00 | 0.00 | $159,374 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $14,673,422 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $922,571 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 182 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Advanced Billing Services Inc | |||||
| 22 Saw Mill River Road | Hawthorne | NY | 10532 | Medical Billing Services | $7,820,662 |
| New York Medical College | |||||
| 40 Sunshine Cottage Road | Valhalla | NY | 10595 | Physician Services | $2,982,427 |
| Wellington Trust Company | |||||
| PO BOX 13766 | Newark | NJ | 07188 | Investment Advisory | $1,796,164 |
| Nixon Peabody LLP | |||||
| 100 Summer Street | Boston | MA | 02110 | Legal Services | $1,349,365 |
| Wolf Greenfield & Sacks | |||||
| 600 Atlantic Avenue | Boston | MA | 02210 | Legal Services | $1,184,411 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 41 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $382,072 | AllOtherContributionsAmt |
| Total Contributions | $382,072 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Patient Svc Revenue | 621110 | $133,210,161 | $133,210,161 |
| Electronic Health Reco | 900099 | $869,350 | $869,350 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $134,079,511 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,974,886 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $2,199,860 | UnrelatedBusinessRevenueAmt |
| Exclusion | $14,775,026 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,906,463 | TotalRevenueColumnAmt |
| Exclusion | $4,906,463 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $423,246 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $17,774 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $405,472 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $405,472 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,268 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $186 | UnrelatedBusinessRevenueAmt |
| Exclusion | $401,018 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $553,959,295 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $523,046,741 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $30,912,554 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,912,554 | TotalRevenueColumnAmt |
| Exclusion | $30,912,554 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Other General Svcs | 900099 | $154,701 | $154,701 | |
| 333 Longwood Garage | 531390 | $9,618 | $7,502 | $2,116 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $164,319 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $187,825,277 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $134,245,982 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $2,202,162 | UnrelatedBusinessRevenueAmt |
| Exclusion | $50,995,061 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,553,047 | TotalAmt |
| Program Services | $85,679,627 | ProgramServicesAmt |
| Management And General | $11,873,420 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,555,647 | TotalAmt |
| Program Services | $3,349,981 | ProgramServicesAmt |
| Management And General | $205,666 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,382,445 | TotalAmt |
| Program Services | $7,382,445 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,220,374 | TotalAmt |
| Program Services | $5,220,374 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,145,637 | TotalAmt |
| Management And General | $1,145,637 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,114,546 | TotalAmt |
| Management And General | $1,114,546 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $425,220 | TotalAmt |
| Management And General | $425,220 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,326,000 | TotalAmt |
| Management And General | $8,326,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,149,843 | TotalAmt |
| Program Services | $9,641,083 | ProgramServicesAmt |
| Management And General | $1,508,760 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $248,417 | TotalAmt |
| Program Services | $248,417 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,996,949 | TotalAmt |
| Program Services | $4,175,516 | ProgramServicesAmt |
| Management And General | $1,821,433 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,648,937 | TotalAmt |
| Management And General | $8,648,937 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,935,748 | TotalAmt |
| Program Services | $5,935,748 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,007,639 | TotalAmt |
| Program Services | $856,798 | ProgramServicesAmt |
| Management And General | $150,841 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,126 | TotalAmt |
| Program Services | $29,798 | ProgramServicesAmt |
| Management And General | $11,328 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,271 | TotalAmt |
| Program Services | $80,271 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,527,143 | TotalAmt |
| Program Services | $1,527,143 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,350,651 | TotalAmt |
| Program Services | $2,227,271 | ProgramServicesAmt |
| Management And General | $1,123,380 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Lab/Medical/Pharmacy | Desc |
| Total | $10,609,276 | TotalAmt |
| Program Services | $10,609,276 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,318,916 | TotalAmt |
| Program Services | $136,963,748 | ProgramServicesAmt |
| Management And General | $36,355,168 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,345,632 | BOYAmt |
| EOY | $36,725,401 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,819,807 | BOYAmt |
| EOY | $35,146,312 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,016,230 | BOYAmt |
| EOY | $834,655 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,351 | BOYAmt |
| EOY | $621,237 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,137,977 | BOYAmt |
| EOY | $1,592,305 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,173 | BOYAmt |
| EOY | $1,124,167 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $32,321,788 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $17,696,947 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,346,733 | BOYAmt |
| EOY | $14,624,841 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $313,508,615 | BOYAmt |
| EOY | $306,830,135 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,115,650,267 | BOYAmt |
| EOY | $2,255,259,379 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,659,000 | BOYAmt |
| EOY | $40,247,775 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,998,286 | BOYAmt |
| EOY | $143,207,563 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,645,634,071 | BOYAmt |
| EOY | $2,836,213,770 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,794,883 | BOYAmt |
| EOY | $23,979,458 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,773,298 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,106,323,912 | BOYAmt |
| EOY | $2,142,854,605 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,130,892,093 | BOYAmt |
| EOY | $2,166,834,063 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $514,741,978 | BOYAmt |
| EOY | $669,379,707 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $514,741,978 | BOYAmt |
| EOY | $669,379,707 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,645,634,071 | BOYAmt |
| EOY | $2,836,213,770 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $14,506,361 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $129,149,153 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $10,982,215 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type2 | Yes (X) | SupportingOrgType2Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Children's Hospital Corporation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042774441 | EIN |
| Organization Type | 3 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $75,416,844 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $75,416,844 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Majority Dir Trst Supported Org | Yes (1) | MajorityDirTrstSupportedOrgInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $312,238,000 | BeginningYearBalanceAmt |
| Contributions | $434,000 | ContributionsAmt |
| Investment Earnings Or Losses | $31,694,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $70,719,000 | OtherExpendituresAmt |
| End Year Balance | $273,647,000 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $335,593,000 | BeginningYearBalanceAmt |
| Contributions | $294,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$7,674,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $15,975,000 | OtherExpendituresAmt |
| End Year Balance | $312,238,000 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $328,914,000 | BeginningYearBalanceAmt |
| Contributions | $1,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | $26,795,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $21,116,000 | OtherExpendituresAmt |
| End Year Balance | $335,593,000 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $308,356,000 | BeginningYearBalanceAmt |
| Contributions | $7,509,000 | ContributionsAmt |
| Investment Earnings Or Losses | $28,572,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $15,523,000 | OtherExpendituresAmt |
| End Year Balance | $328,914,000 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $290,409,000 | BeginningYearBalanceAmt |
| Contributions | $10,000 | ContributionsAmt |
| Investment Earnings Or Losses | $35,187,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $17,250,000 | OtherExpendituresAmt |
| End Year Balance | $308,356,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,421,633 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,946,302 | DepreciationAmt |
| Book Value | $2,475,331 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,543,176 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,750,645 | DepreciationAmt |
| Book Value | $5,792,531 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,356,979 | OtherCostOrOtherBasisAmt |
| Book Value | $6,356,979 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $14,624,841 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (87 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Wellington Energy | $18,727,957 | F |
| Brookside Capital | $2,439,611 | F |
| Sankaty Credit Opport Fund IV | $4,254,372 | F |
| Davidson-Kempner | $88,510,350 | F |
| King Street | $110,619,445 | F |
| Baupost | $99,879,710 | F |
| Fidelity International Stock | $60,485,482 | F |
| Fidelity Note Payable | $3,993,212 | F |
| Bain Capital Fund IX | $3,149,073 | F |
| Bain Capital Fund X | $4,628,241 | F |
| SPUR Ventures | $11,099,004 | F |
| Lone Cascade | $83,993,102 | F |
| Wellington Emerging Small Cap | $25,355,909 | F |
| Wellington - Real Asset | $26,928,231 | F |
| Wellington - Diversified Hedge | $9,326,669 | F |
| Walter Scott | $71,906,592 | F |
| MIT Private Equity Fund | $35,330,378 | F |
| Energy Capital Partners | $7,740,665 | F |
| Matrix China II | $13,379,396 | F |
| Nalanda | $23,306,982 | F |
| Somerset | $25,194,457 | F |
| Matrix India II | $6,898,555 | F |
| SequoiaUSGrowFundV | $2,578,422 | F |
| Abrams Capital | $36,558,700 | F |
| Bain Capital Venture Fund 2012 | $2,972,772 | F |
| Golden Gate Capital | $19,562,890 | F |
| Crosslink Crossover Fund VI | $7,562,529 | F |
| Sankaty COPS Fund V | $14,284,016 | F |
| Sequoia Capital Global Equities | $8,072,932 | F |
| Steadfast | $25,850,355 | F |
| Sequoia China Venture Fund IV | $1,401,291 | F |
| Convexity | $51,697,322 | F |
| Westbrook | $6,181,773 | F |
| Lone Star Fund VIII | $4,220,379 | F |
| Riverstone | $2,363,789 | F |
| Park West Investors Ltd | $42,501,553 | F |
| Deccan Value | $33,332,131 | F |
| Wellington EM Opportunities | $44,963,004 | F |
| CMB Highfields Capital | $81,747,398 | F |
| CMB Lone Cedar | $22,861,189 | F |
| Lone Kauri | $8,289,230 | F |
| Sequoia US Venture Fund XIV | $2,417,355 | F |
| Wellington Spindrift | $357,666 | F |
| Wellington Quissett | $28,191 | F |
| Energy Capital Partners III | $3,795,434 | F |
| Fine Points Capital II | $31,091,090 | F |
| JMC Capital I-B | $7,791,872 | F |
| Lone Savin | $7,385,522 | F |
| Matrix China III | $6,172,936 | F |
| Matrix Partners X | $1,513,537 | F |
| Sequoia Capital India IV | $4,791,230 | F |
| Sequoia China Growth III | $4,204,610 | F |
| Sequoia China Venture Fund V | $2,319,208 | F |
| SequoiaUSGrowFundVI | $3,452,012 | F |
| JVL Energy | $26,305,725 | F |
| Gaoling Feeder, Ltd. | $21,852,683 | F |
| Loomis Senior Loan Bank Fund | $27,368,022 | F |
| Standish Opportunistic Fund | $39,053,925 | F |
| Standish Global Core Plus | $30,374,361 | F |
| Wellington Ultra Short Duration | $85,359,251 | F |
| Wellington Unconstrained Core FI | $50,887,616 | F |
| AKO European Long Only Fund | $25,242,899 | F |
| Bain Capital Venture Fund 2014 | $3,631,385 | F |
| Crosslink Crossover Fund VII | $1,231,863 | F |
| Dune Real Estate Fund III | $4,737,821 | F |
| ECM Feeder Fund I | $20,924,242 | F |
| Flare Capital Partners I | $1,355,613 | F |
| Hillhouse Fund III | $173,297 | F |
| HMI Capital Partners | $21,903,584 | F |
| Holdco Opportunity Fund II | $8,060,102 | F |
| Ichigo Japan Fund B | $20,579,470 | F |
| Lone Star Fund IX | $4,573,269 | F |
| Loomis Sayles Institutional High Income | $8,393,690 | F |
| Matrix China IV | $1,311,228 | F |
| Rivulet Capital Offshore Fund | $19,433,599 | F |
| Sequoia Capital Global Growth Fund II | $4,029 | F |
| Sequoia Capital India V | $826,279 | F |
| Sequoia China Growth IV | $379,881 | F |
| Sequoia China Venture Fund VI | $131,578 | F |
| Sequoia US Venture Fund XV | $390,683 | F |
| Sequoia US Grow Fund VII | $246,366 | F |
| Taris Biomedical | $7,189 | F |
| Underscore VC | $772,699 | F |
| Various Money Markets | $15,043,774 | F |
| Major Capital Funds | $537,670,864 | F |
| Misc. Investments | $47,247,199 | F |
| Private Real Estate | $315,462 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $2,255,259,379 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (7 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Due From Longwood Research Institute | $1,391,691 |
| Due From CHB Properties, Inc. | $120,408,324 |
| Due From Blood Research Institute | $796,755 |
| Other Assets | $303,624 |
| Goodwill | $12,582,169 |
| Trade Name | $6,000,000 |
| Non-Compete Agreements | $1,725,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $143,207,563 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Funds Held for Others | $9,036,048 |
| Due to Longwood Corporation | $13,568,484 |
| Due to Children's Hospital | $2,112,303,680 |
| Due to BCHP | $7,946,393 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,142,854,605 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | The Children's Medical Center's investment and spending policies for endowment assets are intended to provide a predictable stream of funding to support Children's Hospital's missions in pediatric patient care, education, research, and community programs. Part V, Line 1b: The Contribution line is comprised of Net Assets Reclassifications of $434,000. |
| Part X, Line 2: | There is no FIN48/ASC740 footnote in the organization's consolidated audited financial statements. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Sub-Saharan Africa - Angola, Benin, Botswana, Burkina, Faso, | 0 | 0 | Investment | $35,823,046 |
| Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, | 0 | 0 | Investment | $618,214,253 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $654,037,299 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $654,037,299 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (25 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Laura J Wood DNP MS RN | ||||||||||||||
| CNO/Non-Comp Trustee | $373,245 | $0 | $100,200 | $0 | $68,925 | $0 | $21,200 | $0 | $30,035 | $0 | $593,605 | $0 | $0 | $0 |
| Sandra Fenwick | ||||||||||||||
| President & CEO, Noncomp Trustee | $849,467 | $0 | $500,000 | $0 | $436,255 | $0 | $26,500 | $0 | $39,947 | $0 | $1,852,169 | $0 | $0 | $0 |
| Kevin Churchwell MD | ||||||||||||||
| EVP & COO/Noncomp Trustee | $644,671 | $0 | $325,000 | $0 | $278,796 | $0 | $18,550 | $0 | $41,226 | $0 | $1,308,243 | $0 | $0 | $0 |
| Douglas Vanderslice | ||||||||||||||
| SVP, Tresurer & CFO | $580,004 | $0 | $149,500 | $0 | $117,023 | $0 | $18,550 | $0 | $34,578 | $0 | $899,655 | $0 | $0 | $0 |
| Bruce Balter | ||||||||||||||
| Asst Treasurer/Dir Corp Finance | $206,992 | $0 | $15,609 | $0 | $24,878 | $0 | $30,634 | $0 | $18,185 | $0 | $296,298 | $0 | $0 | $0 |
| Michele Garvin Esq | ||||||||||||||
| General Counsel & Secretary | $476,599 | $0 | $131,700 | $0 | $76,100 | $0 | $21,200 | $0 | $28,327 | $0 | $733,926 | $0 | $0 | $0 |
| Demosthenes Argys | ||||||||||||||
| SVP & Chief Admin. Officer | $436,374 | $0 | $134,700 | $0 | $97,728 | $0 | $23,850 | $0 | $26,603 | $0 | $719,255 | $0 | $0 | $0 |
| August Cervini | ||||||||||||||
| VP, Research Administration | $250,463 | $0 | $58,600 | $0 | $39,988 | $0 | $15,900 | $0 | $23,719 | $0 | $388,670 | $0 | $0 | $0 |
| Margaret Coughlin | ||||||||||||||
| SVP & Chief Marketing Officer | $325,416 | $0 | $73,100 | $0 | $66,635 | $0 | $21,200 | $0 | $20,365 | $0 | $506,716 | $0 | $0 | $0 |
| Michael Gillespie | ||||||||||||||
| VP, Clinical Services | $315,561 | $0 | $54,000 | $0 | $53,205 | $0 | $18,550 | $0 | $14,386 | $0 | $455,702 | $0 | $0 | $0 |
| Cynthia Haines | ||||||||||||||
| SVP, International Services | $229,845 | $0 | $69,333 | $0 | $76,145 | $0 | $0 | $0 | $35,691 | $0 | $411,014 | $0 | $0 | $0 |
| Patricia Hickey PhD MBA RN | ||||||||||||||
| VP, Cardiovascular Service | $282,174 | $0 | $30,442 | $0 | $53,713 | $0 | $31,800 | $0 | $12,402 | $0 | $410,531 | $0 | $0 | $0 |
| Daniel Nigrin MD | ||||||||||||||
| SVP & Chief Information Officer | $387,454 | $0 | $85,200 | $0 | $65,195 | $0 | $23,850 | $0 | $22,414 | $0 | $584,113 | $0 | $0 | $0 |
| Philip Rotner | ||||||||||||||
| Chief Investment Officer | $612,317 | $0 | $201,525 | $0 | $104,141 | $0 | $18,550 | $0 | $35,809 | $0 | $972,342 | $0 | $0 | $0 |
| Charles Weinstein | ||||||||||||||
| VP, RE Planning & Development | $370,618 | $0 | $88,100 | $0 | $64,097 | $0 | $26,500 | $0 | $21,383 | $0 | $570,698 | $0 | $0 | $0 |
| Wendy Warring | ||||||||||||||
| SVP, Network Development | $425,029 | $0 | $108,100 | $0 | $93,265 | $0 | $21,200 | $0 | $20,624 | $0 | $668,218 | $0 | $0 | $0 |
| Gerard Villucci | ||||||||||||||
| CEO - BCHP | $210,260 | $0 | $0 | $0 | $514,377 | $0 | $0 | $0 | $0 | $0 | $724,637 | $0 | $0 | $0 |
| Samir Pandya | ||||||||||||||
| Physician - BCHP | $691,226 | $0 | $0 | $0 | $54 | $0 | $2,650 | $0 | $28,853 | $0 | $722,783 | $0 | $0 | $0 |
| Whitney McBride | ||||||||||||||
| Physician - BCHP | $654,443 | $0 | $0 | $0 | $138 | $0 | $2,650 | $0 | $29,479 | $0 | $686,710 | $0 | $0 | $0 |
| Steven Schiz | ||||||||||||||
| Physician - BCHP | $236,434 | $0 | $335,432 | $0 | $396 | $0 | $2,650 | $0 | $27,822 | $0 | $602,734 | $0 | $0 | $0 |
| David Hedrick | ||||||||||||||
| Physician - BCHP | $190,203 | $0 | $181,882 | $0 | $762 | $0 | $0 | $0 | $18,137 | $0 | $390,984 | $0 | $0 | $0 |
| Eileen Sporing | ||||||||||||||
| Former SVP & CNO | $0 | $0 | $0 | $0 | $313,694 | $0 | $0 | $0 | $0 | $0 | $313,694 | $0 | $0 | $0 |
| James Mandell MD | ||||||||||||||
| Former President & CEO | $0 | $0 | $0 | $0 | $180,213 | $0 | $0 | $0 | $0 | $0 | $180,213 | $0 | $0 | $0 |
| Stuart Novick Esq | ||||||||||||||
| Former General Counsel & S | $0 | $0 | $0 | $0 | $172,953 | $0 | $0 | $0 | $0 | $0 | $172,953 | $0 | $0 | $0 |
| M Laurie Cammisa | ||||||||||||||
| Former VP, Child Advocacy | $0 | $0 | $0 | $0 | $159,374 | $0 | $0 | $0 | $0 | $0 | $159,374 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 4b | FormAndLineReferenceDesc |
| Explanation | Children's Hospital Corporation, a related organization, made contributions to the supplemental non-qualified retirement plan for the individuals listed below. Contribution amounts are generally based on a percentage of compensation. Participants of the supplemental executive retirement plan are fully vested. All payments with respect to a participant's separation from service will be made in a single sum following the separation from service unless participant has elected to receive the accrued interest portion of his or her account in three annual installments. Contributions were for Children's Hospital Corporation employee benefits and not for Children's Medical Center Corporation trustee or officer services and/or responsibilities. Demosthenes Argys, received in 2015, a contribution of $47,958 August Cervini, received in 2015, a contribution of $18,517 Kevin Churchwell, received in 2015, a contribution of $99,900 Margaret Coughlin, received in 2015, a contribution of $31,585 Sandra Fenwick, received in 2015, a contribution of $401,200 Michele Garvin, received in 2015, a contribution of $41,655 Michael Gillespie, received in 2015, a contribution of $28,149 Cynthia Haines, received in 2015, a contribution of $11,200 Daniel Nigrin, received in 2015, a contribution of $42,139 Philip Rotner, received in 2015, a contribution of $80,611 Doug Vanderslice, received in 2015, a contribution of $70,358 Wendy Warring, received in 2015, a contribution of $46,213 Charles Weinstein, received in 2015, a contribution of $35,445 Laura Wood, received in 2015, a contribution of $39,400 During Calendar Year 2015, the following individuals received supplemental executive retirement plan distributions: James Mandell, received in 2015, a distribution of $176,443 Stuart Novick, received in 2015, a distribution of $171,997 M. Laurie Cammisa, received in 2015, a distribution of $159,374 Eileen Sporing, received in 2015, a distribution of $313,694 | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (3 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| Demosthenes Argys | |||||||
| Key Emp | Housing loan to key employee to assist in recruitment and retention | Yes (X) | $100,000 | $20,000 | 0 | Yes (1) | Yes (1) |
| Doug Vanderslice | |||||||
| Officer | Housing loan to officer to assist in recruitment and retention | Yes (X) | $500,000 | $440,000 | 0 | Yes (1) | Yes (1) |
| Kevin Churchwell MD | |||||||
| Trustee/Officer | Housing loan to key employee to assist in recruitment and retention | Yes (X) | $797,500 | $374,655 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $834,655 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 6 | The Members of the Corporation shall be the persons serving from time to time as the Trustees of the Corporation. |
| Form 990, Part VI, Section A, line 7a | The Members of the Corporation shall be the persons serving from time to time as the Trustees of the Corporation. The Board of Trustees consists of the Chief Executive Officer of the Corporation, the Chief Operating Officer of the Corporation, and twenty other persons which include (a) the Chair of the Physicians Organization at Children's Hospital, Inc. (the "PO"), (b) a member in good standing of the medical staff nominated by the Physician Leadership Council of the PO and approved by the trustees of this Corporation, which physician shall not be a Chief of a hospital department, (c) the Physician-in-Chief and (d) the Surgeon-in-Chief. The members of the Board of Trustees shall be elected by the trustees then in office. |
| Form 990, Part VI, Section B, line 11 | The Form 990 tax return was prepared by the organization's staff and reviewed by management (including the President & Chief Executive Officer, Executive Vice President of Health Affairs and Chief Operating Officer, Chief Financial Officer, Legal and other relevant departments of the organization), along with the outside accounting firm of Ernst & Young, LLP. The Form 990 tax return was then presented to the Children's Medical Center and affiliates' Audit & Compliance Committee. Also, a copy was made available to the Board prior to filing. |
| Form 990, Part VI, Section B, line 12c | Children's Medical Center Corporation adopts the Conflict of Interest Policy in the form adopted and maintained by the Children's Hospital Corporation, as from time to time in effect. The Hospital's conflict of interest policy applies to all trustees, Trust Board members, members of the medical staff and employees of the Hospital. Trustees, chiefs of service and division chiefs, senior managers and others who exercise influence over important strategic, business and purchasing decisions of the Hospital are required to complete an annual conflict of interest disclosure questionnaire about their financial interests and outside activities. If an expected questionnaire is not returned, the Compliance Officer notifies the individual's supervisor or the CEO or 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 termination of the conflict, management of the conflict, recusal, disclosure, review, or a combination thereof. Outside interests and outside activities may be permitted as long as the Hospital, Medical Center or Trust determines that such interests and activities are consistent with the best interests of the Hospital, Medical Center or Trust and the Hospital, Medical Center or Trust Board member, medical staff member or employee involved does the following: 1. discloses the fact that he has a financial interest or a consultative role in or with a person or company with which the Hospital, Medical Center or Trust is doing or is thinking of doing business; and 2. refrains from voting or exercising any personal influence whatsoever in the selection of a person or company to do business with the Hospital, Medical Center or Trust with whom or in which he has a financial interest or a consultative role; and 3. avoids any active participation in any dealings between the Hospital, Medical Center or Trust and the person or company with whom or in which he has a financial interest or consultative role; and 4. does not permit such outside interests or activities to absorb such amounts of his time and effort as to make it impractical for him to fulfill his assigned responsibilities at the Hospital, Medical Center or Trust; and 5. does not permit such outside interests or activities to compromise or appear to compromise the name or reputation of the Hospital, Medical Center or Trust. |
| Form 990, Part VI, Section B, line 15 | Children's Hospital Corporation was granted authorization to act as pay agent on behalf of Children's Medical Center Corporation, Federal I.D. # 04-1174680. Top management officials at Children's Medical Center Corporation are the same as Children's Hospital Corporation. The Hospital/Children's Medical Center has a board level compensation committee that annually reviews and approves the compensation for the following individuals: President & Chief Executive Officer Executive Vice President Health Affairs & Chief Operating Officer Senior Vice President & Chief Financial Officer Senior Vice President & General Counsel Senior Vice President, Patient Care Services & Chief Nursing Officer Senior Vice President & Chief Administrative Officer Vice President, Research Administration President, Children's Hospital Trust Vice President, Government Relations Senior Vice President & Chief Marketing and Communications Officer Senior Vice President & Chief Information Officer Vice President, Human Resources Vice President, Support Services Vice President, Real Estate Planning & Development Chief Investment Officer Senior Vice President, Network Development & Strategic Partnerships Vice President, Clinical Services Senior Vice President, International Services The committee is comprised of members of the board who are not employed by the organization, and no member may participate in the review and approval of compensation if the member has a conflict of interest with respect to that compensation arrangement. The committee relies on data, provided by an independent compensation consultant, which includes comparable compensation for similarly qualified persons, in functionally comparable positions, at similarly situated organizations. The deliberations and decisions of the committee are documented in minutes of the meeting. |
| Form 990, Part VI, Section C, line 19 | Children's Medical Center Corporation adopts the Code of Conduct, the Conflict of Interest Policy, and the Compliance Manual in the form adopted and maintained by the Children's Hospital Corporation, as from time to time in effect. Children's Hospital posts its Code of Conduct (which incorporates the Conflict of Interest Policy) and its Compliance Manual (which includes a summary of the Conflict of Interest Policy) on its external website and these are also available from the Compliance Office or the Office of General Counsel. Governing documents are not posted publicly but are available from the Hospital upon request and are also filed with the Massachusetts Secretary of State, where they are available to the public. Audited financial statements are filed annually with the Massachusetts Office of the Attorney General as part of the Hospital's Form PC filing and are available from the organization upon request. Quarterly financial statements are filed with the Hospital's bond trustee and are available to the public through the Electronic Municipal Market Access (EMMA) website maintained by the Municipal Securities Rulemaking Board. |
| Form 990, Part XI, line 9: | Net Transfer of Funds/Support for Children's Hospital 5,985,794. Transfer to Tax Exempt Affiliates 5,000,000. Miscellaneous -3,579. |
| Form 990, Part IV, Line 2 & Part V, Line 7 | Children's Medical Center Corporation raises funds on behalf of Children's Hospital Corporation (Fed ID 04-2774441). Contributions and fundraising expenses related to this activity are recorded on the books of the Children's Hospital Corporation; thus Children's Medical Center does not report any contributions or fundraising expenses. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (13 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| Children's Fremont LLC | |||||||||
| 300 Longwood Avenue | Boston | MA | 02115 | 260422409 | Develops, manages, operates & leases real estate property | MA | $0 | $0 | Children's Medical Center Corporation |
| Children's Waltham Medical Center LLC | |||||||||
| 300 Longwood Avenue | Boston | MA | 02115 | 202076874 | Develops, manages, operates & leases real estate property | MA | $0 | $0 | Children's Medical Center Corporation |
| Children's One Brookline Place LLC | |||||||||
| One Brookline Place | Brookline | MA | 02445 | 205850015 | Holds and manages property located at One Brookline Place, Brookline, MA | MA | $0 | $0 | Fenmore Realty Corporation |
| Children's Five Brookline Place LLC | |||||||||
| Five Brookline Place | Brookline | MA | 02445 | 205850117 | Holds and manages property located at Five Brookline Place, Brookline, MA | MA | $0 | $0 | Fenmore Realty Corporation |
| Children's Brookline Place LLC | |||||||||
| 2-4 Brookline Place | Brookline | MA | 02445 | 261523020 | Holds and manages property located at 2-4 Brookline Place, Brookline, MA | MA | $0 | $0 | Fenmore Realty Corporation |
| Children's Westland LLC | |||||||||
| 300 Longwood Avenue | Boston | MA | 02115 | 262904847 | Own, develop, construct, rehabilitate, and mange real estate properties | MA | $0 | $0 | Longwood Research Institute Inc |
| CarePlex LLC | |||||||||
| 300 Longwood Avenue | Boston | MA | 02115 | 472258145 | Inactive | MA | $0 | $0 | Children's Medical Center Corporation |
| Boston Children's Health Physicians LLP | |||||||||
| 40 Sunshine Cottage Road | Valhalla | NY | 10595 | 133956599 | Healthcare | NY | $144,900,032 | $51,754,313 | Children's Medical Center Corporation |
| BCH Washington Street LLC | |||||||||
| 300 Longwood Avenue | Boston | MA | 02115 | 814382691 | Real Estate Holdings | MA | -$5,643 | $45,056,758 | Children's Hospital Corporation |
| BCH Pearl Street LLC | |||||||||
| 300 Longwood Avenue | Boston | MA | 02115 | 817393086 | Real Estate Holdings | MA | -$468,687 | $16,784,286 | Children's Hospital Corporation |
| BCH Brookline Ave LLC | |||||||||
| 300 Longwood Avenue | Boston | MA | 02115 | 814457294 | Real Estate Holdings | MA | -$274,257 | $2,807,917 | Children's Hospital Corporation |
| Boston Children's Health International LLC | |||||||||
| 300 Longwood Avenue | Boston | MA | 02115 | 814377341 | Inactive | MA | $0 | $0 | Children's Medical Center Corporation |
| BCH 819 Beacon Street LLC | |||||||||
| 300 Longwood Avenue | Boston | MA | 02115 | 814382691 | Real Estate Holdings | MA | $100,719 | $3,899,039 | Longwood Research Institute Inc |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Children's Hospital Corporation | ||||||||||
| 300 Longwood Avenue | Boston | MA | 02115 | 042774441 | Pediatric health care, education and research | MA | 501(c)(3) | 3 - Hospital | Children's Medical Center Corporation | Yes (1) |
| Longwood Research Institute Inc | ||||||||||
| 300 Longwood Avenue | Boston | MA | 02115 | 042781368 | Medical & scientific research; holds real estate investments | MA | 501(c)(3) | 11 - Type II | Children's Medical Center Corporation | Yes (1) |
| CHB Properties Inc | ||||||||||
| 300 Longwood Avenue | Boston | MA | 02115 | 043323330 | Holds & manages satellite ambulatory centers; real estate investments | MA | 501(c)(3) | 9 | Children's Medical Center Corporation | Yes (1) |
| Fenmore Realty Corporation | ||||||||||
| 55 Shattuck Street | Boston | MA | 02115 | 222478110 | Holds & manages real estate investments | MA | 501(c)(2) | Children's Medical Center Corporation | Yes (1) | |
| Longwood Corporaton | ||||||||||
| 300 Longwood Avenue | Boston | MA | 02115 | 042779882 | Holds & manages real estate investments | MA | 501(c)(2) | Children's Medical Center Corporation | Yes (1) | |
| New England Congenital Cardiology Research Foundation | ||||||||||
| 300 Longwood Avenue | Boston | MA | 02115 | 800368043 | Improve patient safety & quality for children w/ heart disease | MA | 501(c)(3) | 7 - 170b1Avi | Children's Hospital Corporation | Yes (1) |
| Blood Research Institute | ||||||||||
| CLSB 3rd Floor 3 Blackfan Circle | Boston | MA | 02115 | 043136318 | Owning & Leasing Real Estate | MA | 501(c)(3) | 11 - Type II | Children's Medical Center Corporation | Yes (1) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 333 Limited Partnership | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Shattuck Street | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02115 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042848967 | EIN |
| Primary Activities | Owns interest in real estate property | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Longwood Corporation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | Investment | PredominantIncomeTypeTxt |
| Share Of Total Income | $35,809 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $134,578 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| UBI Code V | $2,302 | UBICodeVAmt |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
| Ownership | 0.01000 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Longwood Associates Inc | ||||||||||
| 55 Shattuck Street | Boston | MA | 02115 | 042943755 | Property management | MA | Children's Medical Center Corporation | C | 1.00000 | Yes (1) |
| Charitable Remainder Trusts (6) | ||||||||||
| Remainder Trust | MA | Children's Medical Center Corporation | T | 0 | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (7 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Children's Hospital Corporation | ||
| B | $72,972,000 | FMV |
| Children's Hospital Corporation | ||
| O | $274,542,188 | FMV |
| Children's Hospital Corporation | ||
| Q | $113,319,441 | FMV |
| Children's Hospital Corporation | ||
| R | $1,926,359,389 | FMV |
| CHB Properties Inc | ||
| S | $2,500,000 | FMV |
| Children's Hospital Corporation | ||
| S | $1,898,455,902 | FMV |
| Longwood Corporation | ||
| S | $2,500,000 | FMV |
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