Connecticut Childrens Medical Center

Organization Overview

Connecticut Childrens Medical Center is located in Hartford, CT. The organization was established in 1956. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Connecticut Childrens Medical Center employed 2,319 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connecticut Childrens Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Connecticut Childrens Medical Center generated $449.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $391.3m during the year ending 09/2021. While expenses have increased by 4.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Connecticut Childrens Medical Center has awarded 16 individual grants totaling $239,105. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CONNECTICUT CHILDREN'S MEDICAL CENTER IS DEDICATED TO IMPROVING THE PHYSICAL AND EMOTIONAL HEALTH OF CHILDREN THROUGH FAMILY-CENTERED CARE, RESEARCH, EDUCATION AND ADVOCACY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES INCURRED TO PROVIDE ACUTE CARE INPATIENT AND OUTPATIENT SERVICES TO CHILDREN FROM CONNECTICUT AND THE SURROUNDING AREA. PLEASE REFER TO SCHEDULE O FOR THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
University Of Connecticut Health Ce
Medical
$37,982,332
Hartford Hospital
Medical
$7,748,883
Guidehouse
Consulting
$2,682,025
Epic Systems Corporation
It
$1,649,491
Vizient Inc
Consulting
$1,623,677
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$7,539,524
Government grants $28,759,588
All other contributions, gifts, grants, and similar amounts not included above$8,503,051
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$44,802,163
Total Program Service Revenue$402,519,858
Investment income $28,054
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $538,208
Net Gain/Loss on Asset Sales $278,498
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $449,106,821

Grants Awarded

Over the last fiscal year, Connecticut Childrens Medical Center has awarded $60,000 in support to 2 organizations.

Grant RecipientAmount

CONNECTICUT DOUBLE PLAY LLC

PURPOSE: PROGRAM SUPPORT

$35,000

FARMINGTON SPORTS ARENA LLC

PURPOSE: PROGRAM SUPPORT

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Connecticut Childrens Medical Center has recieved totaling $58,930.

Awarding OrganizationAmount
Dorothy & Samuel Snider Charitable Trust

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$23,977
Dennis Evans Trust

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$17,894
Aaron Hollander Trust Fund Uw

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$16,070
John Cadwell Tr Uw

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$989
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$26,801,840
Earnings$841,650
Net Contributions$792,402
Other Expense$421,468
Ending Balance$28,014,424

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