Childrens National Medical Center
- Assets
- $1.4b
- Revenue
- $171.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 12/1990
- Data as of
- 06/2021
- EIN
- 52-1640403
Organization Overview
Childrens National Medical Center, operating under the name Children's National, is located in Washington, DC. The organization was established in 1990. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Children's National is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COORDINATES THE OVERALL POLICY AND ACTIVITIES OF THE AFFILIATED ORGANIZATIONS. SEE SCHEDULE O.
Describe the Organization's Program Activity:
CHILDREN'S NATIONAL IS THE PREMIER PROVIDER OF PEDIATRIC CARE IN THE WASHINGTON, DC METROPOLITAN AREA AND IS THE ONLY FREESTANDING CHILDREN'S HOSPITAL BETWEEN PHILADELPHIA, PITTSBURGH, NORFOLK, AND ATLANTA. SERVING THE NATION'S CHILDREN FOR 150 YEARS, CHILDREN'S NATIONAL IS A PROVEN LEADER IN THE DEVELOPMENT AND APPLICATION OF INNOVATIVE NEW TREATMENTS FOR CHILDHOOD ILLNESS AND INJURY. SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Zients Board Chairman To 1/21 | OfficerTrustee | 2 | $0 |
Ramanarayan V Potarazu Treasurer | OfficerTrustee | 2 | $0 |
Kurt D Newman MD President / CEO (cnmc) | OfficerTrustee | 2 | $0 |
Leslie Kiernan Board Vice Chairman | OfficerTrustee | 2 | $0 |
Horacio Rozanski Board Chair From 1/21 | OfficerTrustee | 1 | $0 |
Mary Anne Hilliard Evp/chief Legal Officer | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $171,620,312 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $171,275,477 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,393,158,040 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,393,158,040 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,393,158,040 |
| Net assets with donor restrictions | $0 |
| 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 | $1,393,158,040 |
Grants Recieved
Over the last fiscal year, we have identified 55 grants that Childrens National Medical Center has recieved totaling $10,204,023.
| Awarding Organization | Amount |
|---|---|
Clark Charitable Foundation Inc Bethesda, MD PURPOSE: EARLY CHILDHOOD INNOVATION NETWORK | $2,280,000 |
Gerard B Lambert Foundation Harrison, NY PURPOSE: TO SUPPORT CHILDREN WITH ATTENTION-DEFICIT/HYPERACTIVITY DISORDER (ADHD) | $1,908,384 |
Dune Road Foundation Inc New York, NY PURPOSE: GENERAL PURPOSE | $1,000,000 |
Gerard B Lambert Foundation Harrison, NY PURPOSE: TO SUPPORT CHILDREN WITH ATTENTION-DEFICIT/HYPERACTIVITY DISORDER (ADHD) | $704,458 |
Irwin P Edlavitch Foundation Inc West Palm Beach, FL PURPOSE: GENERAL | $666,667 |
Clark Charitable Foundation Inc Bethesda, MD PURPOSE: EARLY CHILDHOOD INNOVATION NETWORK | $470,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Womens Hospital Foundation Inc Towson, MD | $44,995,438 | $1,423,549 |
Hospital For Consumptives Of Maryland Baltimore, MD | $74,694,107 | $8,865,639 |
Robert Garrett Fund For The Surgical Treatment Of Children Baltimore, MD | $34,605,353 | $0 |
Presbyterian Eye Ear & Throat Charity Hospital Inc Lutherville, MD | $4,788,581 | $440,367 |
Childrens Health Board Washington, DC | $101,665 | $0 |
Institute Of Private Practice Physical Therapy Alexandria, VA | $33,770 | $0 |
Childrens National Medical Center Washington, DC | $1,393,158,040 | $171,275,477 |