Overview
What is The Children's Hospital Of Philadelphia Practice Association?
The Children's Hospital of Philadelphia Practice Association is connected to the first pediatric hospital in the United States, which was established in 1855. This nonprofit organization, located at The Children's Hospital of Philadelphia, has made significant strides in pediatric medicine, marking several firsts in the field. The Association's mission revolves around children's healthcare and wellbeing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)
The Children's Hospital Of Philadelphia Practice Association has received a solid Three-Star rating from Charity Navigator, indicative of a strong score in accountability and finance. The overall rating reflects a comprehensive evaluation based on the organization's adherence to transparency and ethical standards in its financial practices. This rating is particularly significant as it suggests the charity is effectively managing its resources and is committed to maintaining accountability.
The organization demonstrates numerous strengths, including a perfect score in key areas such as financial statement oversight and conflict of interest policies. The Practice Association maintains a healthy liabilities-to-assets ratio of 0.00%, suggesting a strong financial position. Additionally, the organization scored well on program expenses, allocating 84.60% of its budget directly to its programs, which highlights its commitment to maximizing the impact of its funding.
However, one noted limitation is the lack of independent board members, which could raise questions about governance and oversight. Despite this, the overall financial management and adherence to policies related to ethics and transparency position The Children's Hospital Of Philadelphia Practice Association as a reputable entity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Children's Hospital Of Philadelphia Practice Association legitimate?
The Children's Hospital Of Philadelphia Practice Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Children's Hospital Of Philadelphia Practice Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,708,828
For more financial information, click here
What is the mission statement of The Children's Hospital Of Philadelphia Practice Association?
The Children's Hospital of Philadelphia (CHOP) is a pioneering institution in the field of pediatric medicine, having been the first hospital in the United States dedicated solely to children's care since its inception in 1855. CHOP has a rich history of delivering groundbreaking advancements in pediatric care, marking numerous firsts in the industry. The mission of the Children's Hospital of Philadelphia Practice Association remains aligned with this commitment, focusing on the health and wellbeing of children. The organization's dedication extends beyond medical care, ensuring that every child receives comprehensive and compassionate care tailored to their unique needs.
Who is the CEO of The Children's Hospital Of Philadelphia Practice Association?
Joseph St Geme Iii Md is the Principal Officer of The Children's Hospital Of Philadelphia Practice Association.
What is the revenue of The Children's Hospital Of Philadelphia Practice Association?
The Children's Hospital Of Philadelphia Practice Association's revenue in 2022 was $15,049,650.
Who are the executives of The Children's Hospital Of Philadelphia Practice Association and what are their salaries?
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $7,621,860
- Other: $50,093
- Compensation: $0
- Related: $3,093,406
- Other: $39,361
- Compensation: $0
- Related: $2,692,789
- Other: $66,120
- Compensation: $0
- Related: $2,235,274
- Other: $36,041
- Compensation: $0
- Related: $1,742,489
- Other: $35,102
- Compensation: $0
- Related: $1,190,259
- Other: $55,392
- Compensation: $0
- Related: $1,050,804
- Other: $49,932
- Compensation: $0
- Related: $944,684
- Other: $52,734
- Compensation: $0
- Related: $470,388
- Other: $60,077
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Children's Hospital Of Philadelphia Practice Association?
The Children's Hospital Of Philadelphia Practice Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Children's Hospital Of Philadelphia Practice Association
The Children's Hospital of Philadelphia Practice Association, often referred to as CHOP, is a pioneering organization in the realm of pediatric healthcare. Established over 165 years ago, CHOP holds the distinction of being the first hospital in the United States dedicated to the care and wellbeing of children. This esteemed institution, with its rich history dating back to 1855, has been the birthplace of numerous groundbreaking advancements in pediatric medicine.
At the heart of CHOP's mission lies the commitment to providing exceptional healthcare services tailored to the unique needs of children. With a focus on innovation and progress, the organization has consistently pushed the boundaries of medical knowledge and delivered life-changing treatments to young patients. CHOP's unwavering dedication to children's health has led to numerous firsts in pediatric medicine, setting new standards for care and inspiring generations of healthcare professionals.
As the first hospital devoted exclusively to children, CHOP has been a beacon of hope and healing for families facing various health challenges. Over the years, the organization has grown and evolved, expanding its services to address the ever-changing needs of children and their families. Though specific details about the organization's current programs and initiatives are not provided in the information, it is clear that CHOP's mission remains as vital and essential as it was when the doors first opened in 1855.
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Impact
October, 2024
The Children's Hospital of Philadelphia Practice Association significantly impacts pediatric healthcare by providing specialized services tailored to the unique needs of children. Established as the nation's first hospital dedicated solely to pediatric care, CHOP has been at the forefront of numerous advancements in medical treatments and technologies since 1855. Its commitment to innovation and excellence in medical care has made it a leader in the field, contributing to improved health outcomes for young patients.
CHOP's focus on mental health is particularly noteworthy, addressing crucial psychological and emotional needs alongside physical health. This holistic approach ensures that children receive comprehensive care, supporting their overall development and well-being. By continuously pioneering new methods and treatments, CHOP not only enhances the lives of its patients but also sets the standard for pediatric care nationally and globally.
This information is meant to be a general summary of The Children's Hospital Of Philadelphia Practice Association. 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 2022.
- Program Service Revenue: $14,972,315
- Gross Receipts: $15,049,650
Assets and Liabilities:
- Total Assets: $5,018,662
- Total Liabilities: $0
- Net Assets: $5,018,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PROGRAM SERVICE REVENUE
Revenue
$14,972,315
Organization Details
Founding Year
1984
Phone
(215) 590-1000Principal Officer
Joseph St Geme Iii Md
Main Address
3401 CIVIC CENTER BOULEVARD, PHILADELPHIA, PA, 19104
NTEE Category
Code: F32Z - Mental health
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