Overview
What is Chmc Anesthesia Foundation Inc?
The CHMC Anesthesia Foundation Inc, based in Boston, Massachusetts, is a charitable organization dedicated to delivering anesthesia and intensive care services to patients at Boston Children's Hospital and its satellite locations. The foundation's primary goal is to generate revenue from patient care and other medical services, which is then used for charitable, scientific, and educational purposes. The organization also ensures that patients in need of anesthesia and intensive care services receive care, regardless of their financial capabilities. The Foundation's mission extends beyond the hospital, providing support and resources for hospital and community-based services that may be limited or unavailable elsewhere. The Foundation's team of physicians and clinical researchers at the Department of Anesthesia at Boston Children's Hospital conduct research activities, give lectures, and publish articles related to anesthesiology. The foundation employs a workforce of 162 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Chmc Anesthesia Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The foundation scored 79% overall, reflecting strong practices in financial oversight, with a perfect score in several key areas such as material diversion of assets and conflict of interest policies.
The foundation demonstrates a high program expense ratio of 95.22%, suggesting that a significant portion of its resources is directed towards its mission-related activities. Additionally, the organization has established robust policies, including whistleblower and document retention protocols, ensuring transparency and ethical governance.
While the overall score is commendable, it is based solely on accountability and finance metrics, leaving out other potential performance indicators such as impact and effectiveness in achieving its mission. Nevertheless, the absence of any noted asset diversions and strong fiscal policies marks this organization as a responsible steward of donor funds.
This AI summary has been generated from information found on Charity Navigator.
Is Chmc Anesthesia Foundation Inc legitimate?
Chmc Anesthesia Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chmc Anesthesia Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $14,115,857
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,237,394
For more financial information, click here
What is the mission statement of Chmc Anesthesia Foundation Inc?
The Chmc Anesthesia Foundation Inc is dedicated to delivering medical research and educational services to Boston Children's Hospital and Harvard Medical School. They operate the Department of Anesthesia, with physicians and nurse anesthetists providing anesthesia services to patients at the hospital and conducting research. The Foundation goes beyond this by offering anesthesiology care to patients in need, regardless of their financial capacity. Additionally, they support and provide hospital and community-based services that are limited or unavailable elsewhere, ensuring access to essential anesthesia care for all.
What is the revenue of Chmc Anesthesia Foundation Inc?
Chmc Anesthesia Foundation Inc's revenue in 2023 was $161,222,696.
Who are the executives of Chmc Anesthesia Foundation Inc and what are their salaries?
The average compensation at Chmc Anesthesia Foundation Inc during 2023 was $513,843. There are 170 employees at Chmc Anesthesia Foundation Inc.
Here are 22 key members and their salaries:
- Compensation: $1,000,893
- Related: $0
- Other: $136,177
- Compensation: $840,087
- Related: $0
- Other: $112,764
- Compensation: $736,348
- Related: $0
- Other: $135,232
- Compensation: $448,819
- Related: $0
- Other: $103,320
- Compensation: $398,409
- Related: $0
- Other: $127,715
- Compensation: $653,963
- Related: $0
- Other: $161,459
- Compensation: $501,596
- Related: $0
- Other: $147,584
- Compensation: $671,666
- Related: $0
- Other: $162,582
- Compensation: $661,301
- Related: $0
- Other: $155,754
- Compensation: $521,396
- Related: $0
- Other: $112,575
- Compensation: $503,408
- Related: $0
- Other: $92,402
- Compensation: $707,358
- Related: $0
- Other: $127,580
- Compensation: $585,552
- Related: $0
- Other: $154,525
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $829,918
- Related: $0
- Other: $136,785
- Compensation: $773,673
- Related: $0
- Other: $149,326
- Compensation: $826,840
- Related: $0
- Other: $159,315
- Compensation: $777,218
- Related: $0
- Other: $212,856
- Compensation: $896,633
- Related: $0
- Other: $157,828
- Compensation: $909,249
- Related: $0
- Other: $100,640
- Compensation: $688,754
- Related: $0
- Other: $105,680
Where can I find the form 990 for Chmc Anesthesia Foundation Inc?
Chmc Anesthesia Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Chmc Anesthesia Foundation Inc
Chmc Anesthesia Foundation Inc, a renowned nonprofit organization, is dedicated to delivering medical research and educational services to Boston Children's Hospital and Harvard Medical School. In addition to this academic endeavor, the Foundation extends its reach to provide anesthesia care for patients in Massachusetts, disregarding their ability to pay. The organization's efforts also encompass initiating and supporting hospital and community-based services that are either inaccessible or scarce in the local area.
The team at Chmc Anesthesia Foundation Inc comprises physicians and CRNAs who contribute significantly to the Department of Anesthesia at Boston Children's Hospital. They provide essential anesthesia services to patients undergoing medical procedures at the Hospital and actively engage in research activities. This research focuses on anesthesiology and related subjects, yielding valuable insights and advancements in the field. Furthermore, the Foundation's members participate in lectures and publish articles to disseminate their findings and advance knowledge.
Chmc Anesthesia Foundation Inc's commitment to providing care for those in need goes beyond the Hospital's walls. By offering anesthesia services to patients irrespective of their financial capability, the organization ensures that everyone receives the necessary medical attention. This inclusive approach to healthcare is a testament to the Foundation's mission and its unwavering dedication to improving the lives of patients.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Chmc Anesthesia Foundation Inc significantly enhances healthcare access and quality in the Boston area through its dedicated anesthesia and intensive care services. By providing comprehensive medical care at Boston Children's Hospital and its satellite locations, it ensures that patients receive vital treatment regardless of their financial situation.
The Foundation not only serves patients directly, but also contributes to the medical community through extensive research and educational initiatives. It collaborates closely with esteemed institutions such as Harvard Medical School, where it engages in anesthesia research, lectures, and the publication of scholarly articles. This commitment to education and research fosters advancements in medical practices, ultimately benefiting broader healthcare delivery.
In addition to delivering critical services, the Foundation supports hospital and community-based initiatives that address specific healthcare needs within the community. This includes identifying and filling gaps in services that might be otherwise unavailable or under-resourced. Overall, Chmc Anesthesia Foundation Inc's multifaceted approach leaves a profound impact on patient care, medical education, and community health outcomes in Massachusetts.
This information is meant to be a general summary of Chmc Anesthesia Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,406,611
- Program Service Revenue: $141,200,276
- Gross Receipts: $182,368,293
Assets and Liabilities:
- Total Assets: $215,533,982
- Total Liabilities: $90,095,028
- Net Assets: $125,438,954
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient Service Revenue
Revenue
$120,876,758
Contract & miscellaneous revenue
Revenue
$19,414,180
Research revenue
Revenue
$909,338
Organization Details
Founding Year
1980
Principal Officer
Joseph P Cravero Md
NTEE Category
Code: G900 - Disease
If you are a representative of Chmc Anesthesia Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.