Overview
What is The Children's Hospitals Neonatal Consortium?
The Children's Hospitals Neonatal Consortium (CHNC) is a dedicated nonprofit organization based in Dover, Delaware. Its primary mission is to enhance care for medically complex infants treated in Level IV neonatal intensive care units (NICUs) across 44 participating American Academy of Pediatrics hospitals. CHNC manages a national quality collaborative, an annual symposium, and provides a platform for data analytics and reporting by the hospitals, leading to improved patient outcomes and research publications for the public's benefit. With a team of four employees, CHNC is committed to sharing data, information, and ideas for benchmarking, research, and the development of safety and quality improvement initiatives in neonatal care.
Official website here: www.thechnc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Children's Hospitals Neonatal Consortium has earned an 81% score on Charity Navigator, reflecting a strong emphasis on accountability and finance. The score is entirely based on the Accountability & Finance beacon, highlighting the organization’s commitment to transparency and sound financial management.
Strengths of the organization include having a fully independent board, with 100% of its members not affiliated with the organization, and a solid liabilities to assets ratio of just 0.16%. Additionally, the organization has policies in place for conflicts of interest, whistleblower protections, and document retention, which contribute to its overall governance and ethical standards.
While the overall rating is commendable, it is important to consider that it is derived solely from financial metrics. Prospective donors may want to look deeper into the organization's programmatic impact and outcomes, as these areas are not reflected in the current score.
This AI summary has been generated from information found on Charity Navigator.
Is The Children's Hospitals Neonatal Consortium legitimate?
The Children's Hospitals Neonatal Consortium is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Children's Hospitals Neonatal Consortium 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: $230,331
Professional Fundraising Fees: $0
Other Salaries and Wages: $255,867
For more financial information, click here
Official website here: www.thechnc.org
What is the mission statement of The Children's Hospitals Neonatal Consortium?
The Children's Hospitals Neonatal Consortium is committed to enhancing the care provided to medically complex infants in children's hospitals. They achieve this goal by sharing data, information, and ideas among participating hospitals for benchmarking, research, and the development of safety and quality improvement initiatives. The consortium operates a database for comparing quality and outcomes of medically complex neonates and infants treated in Level IV neonatal intensive care units (NICUs). Currently, there are 44 hospitals contributing data to this consortium database. The Children's Hospitals Neonatal Consortium manages a national quality collaborative, hosts an annual symposium, and provides the structure for data analytics and reporting by participating hospitals. These activities lead to improved patient outcomes and contribute to research publications, benefiting the public.
Official website here: www.thechnc.org
Who is the CEO of The Children's Hospitals Neonatal Consortium?
Karna Murthy is the President of The Children's Hospitals Neonatal Consortium.
Official website here: www.thechnc.org
What is the revenue of The Children's Hospitals Neonatal Consortium?
The Children's Hospitals Neonatal Consortium's revenue in 2022 was $2,863,149.
Official website here: www.thechnc.org
Who are the executives of The Children's Hospitals Neonatal Consortium and what are their salaries?
The average compensation at The Children's Hospitals Neonatal Consortium during 2022 was $121,550. There are 4 employees and 7 volunteers at The Children's Hospitals Neonatal Consortium.
Here are 11 key members and their salaries:
- Compensation: $224,400
- Related: $0
- Other: $5,931
- Compensation: $111,983
- Related: $0
- Other: $4,601
- Compensation: $104,436
- Related: $0
- Other: $12,132
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thechnc.org
Where can I find the form 990 for The Children's Hospitals Neonatal Consortium?
The Children's Hospitals Neonatal Consortium's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thechnc.org
Learn more at the official website: www.thechnc.org
Mission Statement of The Children's Hospitals Neonatal Consortium
The Children's Hospitals Neonatal Consortium, abbreviated as CHNC, is dedicated to enhancing the care and outcomes for medically complex infants in Children's Hospitals' Neonatal Intensive Care Units (NICUs). To achieve this, CHNC focuses on sharing data, information, and ideas for benchmarking, research, and development of safety and quality improvement initiatives. This collaborative approach allows participating hospitals to learn from each other and implement best practices, ultimately leading to improved patient outcomes.
In line with its mission, CHNC has established a comprehensive database that serves as a platform for comparative quality and outcome measures for the unique population of medically complex neonates and infants treated in American Academy of Pediatrics Level IV NICUs. Currently, 44 hospitals contribute to this database, benefiting from the collective knowledge and experiences of their peers. CHNC also manages a National Quality Collaborative, an annual symposium, and provides the structure for data analytics and reporting by the participating hospitals. This collaborative work has resulted in significant improvements in patient outcomes and has led to numerous research publications that benefit the public.
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Impact
October, 2024
The Children's Hospitals Neonatal Consortium (CHNC) significantly enhances the care of medically complex infants across participating children's hospitals. By developing and managing a comprehensive database, CHNC enables hospitals to engage in comparative quality and outcome measures that are critical for the unique population of neonates and infants treated in American Academy of Pediatrics Level IV NICUs.
With 44 hospitals involved in this collaborative effort, CHNC fosters an environment of shared knowledge and best practices. This collaboration not only facilitates the benchmarking of outcomes but also drives research initiatives that lead to safety and quality improvements in neonatal care. The annual symposium organized by the consortium serves as a vital platform for healthcare professionals to exchange ideas, discuss challenges, and promote innovations in neonatal medicine.
The impact of CHNC's work is reflected in improved patient outcomes, as participating hospitals utilize data analytics and reporting structures to enhance their care strategies. Additionally, the consortium contributes to important research publications that benefit the wider medical community and the public, further extending its influence beyond individual institutions. In essence, CHNC plays a crucial role in advancing neonatal care through data-driven insights and collaborative practices.
This information is meant to be a general summary of The Children's Hospitals Neonatal Consortium. 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.
- Investment Income: $42,647
- Program Service Revenue: $2,787,234
- Gross Receipts: $3,140,001
Assets and Liabilities:
- Total Assets: $3,198,339
- Total Liabilities: $5,264
- Net Assets: $3,193,075
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conference Registration
Revenue
$168,450
Participant Fees
Revenue
$2,564,784
Vendor Fees
Revenue
$54,000
Organization Details
Founding Year
2011
Phone
(650) 877-2462Principal Officer
Karna Murthy
Main Address
8 THE GREEN SUITE 10426, DOVER, DE, 19901
Website
www.thechnc.orgNTEE Category
Code: H98 - Medical research
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