Childrens Hospital & Medical Center
- Assets
- $816.1m
- Revenue
- $486.5m
- Investments
- $840.1k
- Employees
- 3,624
- Location
- Omaha, NE
- Founding
- 01/1948
- Data as of
- 12/2020
- EIN
- 47-0379754
Organization Overview
Childrens Hospital & Medical Center is located in Omaha, NE. The organization was established in 1948. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Childrens Hospital & Medical Center employed 3,624 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Hospital & 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 12/2020, Childrens Hospital & Medical Center generated $486.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $434.9m during the year ending 12/2020. While expenses have increased by 6.7% 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 2015, Childrens Hospital & Medical Center has awarded 37 individual grants totaling $33,673,639. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE OCHILDREN'S HOSPITAL & MEDICAL CENTER DELIVERS EXTRAORDINARY CARE TO CHILDREN, EDUCATES HEALTH CARE PROFESSIONALS, AND PROMOTES PEDIATRIC RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O THE HOSPITAL OPERATES A 225 LICENSED-BED PEDIATRIC HOSPITAL, WHICH INCLUDES SEVEN ACTIVE SURGICAL SUITES, TWO HYBRID HEART CATHETERIZATION LABS, AN OUTPATIENT SURGERY CENTER, A HEART TRANSPLANT PROGRAM, A PEDIATRIC INTENSIVE CARE UNIT (PICU) AND A FETAL CARE CENTER THAT FOCUSES ON THE COORDINATION OF CARE FOR BABIES DIAGNOSED WITH COMPLEX CONGENITAL DEFECTS BEFORE BIRTH. CHILDREN'S HAS ACHIEVED THE MAGNET DESIGNATION FOR NURSING EXCELLENCE, AND ITS PEDIATRIC AND NEONATAL INTENSIVE CARE UNITS HAVE EARNED A BEACON AWARD FOR EXCELLENCE FROM THE AMERICAN ASSOCIATION OF CRITICAL CARE NURSES, WHICH RECOGNIZES CRITICAL CARE UNITS WITH EXCELLENT PATIENT OUTCOMES THAT EXCEED NATIONAL BENCHMARKS. THE HOSPITAL WAS RECOGNIZED BY U.S. NEWS AND WORLD REPORT IN FOUR SPECIALTIES INCLUDING CARDIOLOGY AND HEART SURGERY, PULMONOLOGY AND LUNG SURGERY, GASTROENTEROLGY AND GI SURGERY, AND UROLOGY. CHILDREN'S SPECIALTY PEDIATRIC CENTER OFFERS MORE THAN 100 SPECIALTY AND SUB-SPECIALTY CLINICS, PROVIDING DIAGNOSTICS, TREATMENT, AND THERAPY. IN ADDITION, CHILDREN'S PROVIDES OUTPATIENT BEHAVIORAL HEALTH AND A FULL ARRAY OF PEDIATRIC HOME HEALTHCARE SERVICES TO CHILDREN AND ADOLESCENTS WHO HAVE IMMEDIATE OR LONG-TERM HEALTHCARE NEEDS. THE HOSPITAL IS HOME TO THE REGION'S ONLY LEVEL IV NEONATAL INTENSIVE CARE UNIT AND THE ONLY DEDICATED PEDIATRIC EMERGENCY DEPARTMENT WITH LEVEL II PEDIATRIC TRAUMA CERTIFICATION. THE HOSPITAL ALSO PROVIDES SPECIALTY PEDIATRIC CARE SERVICES IN COMMUNITIES ACROSS THREE STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Maloney MD Evp Cco & Pic | Officer | 40 | $1,127,753 |
Kathy English Evp COO & Cno | Officer | 40 | $934,654 |
Chanda Chacon President & CEO | OfficerTrustee | 40 | $922,043 |
Erin Willis-Loucks MD Physician | 40 | $789,246 | |
Amy Hatcher Evp & CFO | Officer | 39 | $769,940 |
Richard Azizkhan MD Former Pres/ceo Thru 8/16/19 | 0 | $677,030 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Choice Solutions Llc It Services | 12/30/21 | $894,503 |
Baker Tilly Us Llp Consulting Services | 12/30/21 | $586,040 |
Lab Logistics Llc Labs - Outsourced | 12/30/21 | $403,869 |
Unmc Physicians - Rps Pathology Services | 12/30/21 | $1,549,864 |
Intradiagnostics Llc Eeg Monitoring | 12/30/21 | $501,115 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,379,264 |
| Government grants | $17,237,355 |
| All other contributions, gifts, grants, and similar amounts not included above | $116,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,733,019 |
| Total Program Service Revenue | $453,312,839 |
| Investment income | -$658,534 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $665,039 |
| Net Gain/Loss on Asset Sales | $27,572 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $486,541,252 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,962,369 |
| Grants and other assistance to domestic individuals. | $7,945,038 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,077,440 |
| Compensation of current officers, directors, key employees. | $7,077,440 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $182,932,087 |
| Pension plan accruals and contributions | $9,926,985 |
| Other employee benefits | $24,233,782 |
| Payroll taxes | $12,528,755 |
| Fees for services: Management | $2,486 |
| Fees for services: Legal | $478,226 |
| Fees for services: Accounting | $420,494 |
| Fees for services: Lobbying | $85,016 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,514,319 |
| Advertising and promotion | $2,018,089 |
| Office expenses | $58,674,821 |
| Information technology | $13,078,145 |
| Royalties | $0 |
| Occupancy | $8,954,897 |
| Travel | $275,406 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,822,986 |
| Payments to affiliates | $27,303,937 |
| Depreciation, depletion, and amortization | $21,152,621 |
| Insurance | $1,103,796 |
| All other expenses | $2,570,691 |
| Total functional expenses | $434,888,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,249,294 |
| Savings and temporary cash investments | $98,738,463 |
| Pledges and grants receivable | $2,047,323 |
| Accounts receivable, net | $92,933,053 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,599,314 |
| Prepaid expenses and deferred charges | $9,650,955 |
| Net Land, buildings, and equipment | $526,406,183 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $840,103 |
| Investments—program-related | $6,659,059 |
| Intangible assets | $0 |
| Other assets | $58,019,156 |
| Total assets | $816,142,903 |
| Accounts payable and accrued expenses | $104,284,072 |
| Grants payable | $0 |
| Deferred revenue | $455,999 |
| Tax-exempt bond liabilities | $256,689,926 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,191,451 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $39,748,576 |
| Total liabilities | $405,370,024 |
| Net assets without donor restrictions | $408,725,556 |
| Net assets with donor restrictions | $2,047,323 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $816,142,903 |
Grants Awarded
Over the last fiscal year, Childrens Hospital & Medical Center has awarded $4,190,774 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Lincoln, NE PURPOSE: SUPPORT FOR MED SCHOOL | $2,997,720 |
Omaha, NE PURPOSE: PEDIATRIC RESEARCH | $986,862 |
Omaha, NE PURPOSE: BUILD HEALTH CHALLENGE PROJECT | $56,192 |
Omaha, NE PURPOSE: PREVENTION OF CHILDHOOD OBESITY | $15,000 |
Lincoln, NE PURPOSE: PREVENTION OF CHILDHOOD OBESITY | $15,000 |
Lincoln, NE PURPOSE: PREVENTION OF CHILDHOOD OBESITY | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Childrens Hospital & Medical Center has recieved totaling $22,500.
| Awarding Organization | Amount |
|---|---|
Rogers Foundation Lincoln, NE PURPOSE: CHARITABLE | $17,500 |
John K And Lynne D Boyer Foundation Omaha, NE PURPOSE: GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $99,960,929 |
| Earnings | $1,571,110 |
| Net Contributions | $12,775,597 |
| Other Expense | $47,101,741 |
| Grants | $150,207 |
| Ending Balance | $67,055,688 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Hospital & Medical Center Omaha, NE | $816,142,903 | $486,541,252 |
Ssm Health Cardinal Glennon Childrens Hospital St Louis, MO | $556,567,153 | $413,043,691 |
National Jewish Health Denver, CO | $453,973,000 | $377,230,660 |
Madonna Rehabilitation Hospital Lincoln, NE | $298,912,526 | $208,686,969 |
Dell Childrens Medical Group St Louis, MO | $36,825,902 | $94,652,892 |
Nebraska Pediatric Practice Inc Omaha, NE | $19,693,690 | $95,753,000 |
Kvc Hospitals Inc Olathe, KS | $14,298,341 | $36,590,391 |
Childrens Care Hospital & School Sioux Falls, SD | $35,904,421 | $36,613,088 |
Ability Kc Kansas City, MO | $17,203,026 | $16,180,288 |
Stl Care Company Cedar Rapids, IA | $24,731,366 | $10,656,673 |
Kansas City Hospice Foundation Kansas City, MO | $22,601,330 | $5,104,991 |
Barnard Free Skin And Cancer Hospital St Louis, MO | $68,631,218 | $2,351,085 |