Overview
What is Children's Hospital Medical Center?
Children's Hospital Medical Center, also known as Cincinnati Children's, is a renowned, private, not-for-profit organization based in Cincinnati, Ohio. The corporation manages a comprehensive academic medical center, home to one of the largest pediatric tertiary care facilities in the nation, complete with research operations and extensive pediatric teaching programs. With a team of 19,987 employees, Cincinnati Children's is dedicated to enhancing child health. Their mission is to lead in child healthcare by integrating globally recognized research, education, and innovation, aiming for the best medical and quality of life outcomes, patient and family experiences, and value, both now and in the future. Their provision of pediatric healthcare is a testament to their commitment to improving children's lives.
Official website here: www.cincinnatichildrens.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Children's Hospital Medical Center has achieved a remarkable Four-Star rating from Charity Navigator, reflecting an exceptional commitment to accountability and financial practices. The organization scored 96% overall, with its rating derived solely from the Accountability & Finance beacon, underscoring its dedication to responsible management of funds and transparency in operations.
The organization demonstrates impressive governance, with a board consisting of 87% independent members, and an extensive audit and oversight committee that received full marks. This strong board structure contributes to sound decision-making and effective stewardship of resources. Additionally, the fiscal health is evident through a low liabilities-to-assets ratio of 18.44%, and a significant portion of its expenses (78.45%) directly supports its programs.
While the data highlights numerous strengths, it is important for potential donors and stakeholders to consider ongoing operational effectiveness and the impact of programs. Continued transparency and communication regarding outcomes will aid in reinforcing trust and support for the Children's Hospital Medical Center moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Hospital Medical Center legitimate?
Children's Hospital Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Hospital Medical Center 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: $14,526,413
Professional Fundraising Fees: $35,750
Other Salaries and Wages: $1,633,306,742
For more financial information, click here
Official website here: www.cincinnatichildrens.org
What is the mission statement of Children's Hospital Medical Center?
Children's Hospital Medical Center aspires to be at the forefront of improving child health. Through integrated research, education, and innovation, the institution aims to deliver superior medical outcomes and enhance quality of life for patients. The organization's mission extends beyond individual cases, reaching patients, families, communities, the nation, and the world. Its commitment to providing the best care experiences and value, both presently and in the future, sets it apart as a globally recognized leader in pediatric healthcare.
Official website here: www.cincinnatichildrens.org
Who is the CEO of Children's Hospital Medical Center?
Steve Davis Md is the CEO of Children's Hospital Medical Center The CEO's salary of Children's Hospital Medical Center is $2,504,416 and their total compensation is $2,576,744.
Official website here: www.cincinnatichildrens.org
What is the revenue of Children's Hospital Medical Center?
Children's Hospital Medical Center's revenue in 2024 was $3,426,543,123.
Official website here: www.cincinnatichildrens.org
Who are the executives of Children's Hospital Medical Center and what are their salaries?
The average compensation at Children's Hospital Medical Center during 2024 was $75,096. There are 21943 employees and 450 volunteers at Children's Hospital Medical Center.
Here are 51 key members and their salaries (Children's Hospital Medical Center's CEO's salary is $2,504,416 and their total compensation is $2,576,744):
- Compensation: $2,504,416
- Related: $0
- Other: $72,328
- Compensation: $1,822,227
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- Other: $62,857
- Compensation: $1,249,336
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- Other: $44,349
- Compensation: $13,022
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- Other: $2,354
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- Compensation: $1,115,505
- Related: $0
- Other: $198,766
- Compensation: $849,965
- Related: $0
- Other: $128,317
- Compensation: $553,024
- Related: $0
- Other: $112,278
- Compensation: $1,319,326
- Related: $0
- Other: $71,443
- Compensation: $996,766
- Related: $0
- Other: $52,001
- Compensation: $975,930
- Related: $0
- Other: $43,758
- Compensation: $616,059
- Related: $0
- Other: $91,735
- Compensation: $538,780
- Related: $0
- Other: $111,907
- Compensation: $443,277
- Related: $0
- Other: $84,966
- Compensation: $379,802
- Related: $0
- Other: $71,919
- Compensation: $2,680,412
- Related: $0
- Other: $360,619
- Compensation: $1,645,422
- Related: $0
- Other: $68,753
- Compensation: $1,507,735
- Related: $0
- Other: $59,117
- Compensation: $1,120,096
- Related: $0
- Other: $61,778
- Compensation: $1,099,650
- Related: $0
- Other: $67,181
- Compensation: $976,953
- Related: $0
- Other: $34,598
- Compensation: $703,928
- Related: $0
- Other: $56,410
Official website here: www.cincinnatichildrens.org
Where can I find the form 990 for Children's Hospital Medical Center?
Children's Hospital Medical Center's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cincinnatichildrens.org
Learn more at the official website: www.cincinnatichildrens.org
Mission Statement of Children's Hospital Medical Center
Children's Hospital Medical Center, a leading institution in improving child health, is dedicated to delivering top-notch pediatric care through fully integrated research, education, and innovation. This nonprofit organization aspires to provide the best possible medical and quality of life outcomes for patients and their families, both locally and globally. By transforming the way care is delivered, Children's Hospital Medical Center strives to achieve excellent patient and family experiences and optimal value, both now and in the future.
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Impact
October, 2024
Children's Hospital Medical Center in Cincinnati, Ohio, plays a pivotal role in improving pediatric healthcare by offering comprehensive medical services, advanced research, and robust educational programs. As one of the nation’s largest pediatric tertiary care facilities, it provides specialized care tailored to the unique needs of children, ensuring access to the latest medical advancements and treatments.
The hospital is committed to transforming the delivery of care through integrated research and innovation. Its initiatives aim to achieve the best medical outcomes and enhance the quality of life for young patients and their families. By fostering a patient-centered environment, Cincinnati Children's prioritizes excellent patient and family experiences, making healthcare more effective and accessible.
Moreover, the institution's impact extends beyond local communities, as it contributes significantly to pediatric health on a national and global scale. Through its dedication to research, education, and community engagement, Children's Hospital Medical Center leads efforts in improving child health, equipping healthcare professionals with essential knowledge, and advancing practices that benefit children everywhere.
This information is meant to be a general summary of Children's Hospital Medical Center. 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 2024.
- Investment Income: $45,814,036
- Program Service Revenue: $2,742,648,218
- Gross Receipts: $4,587,072,782
Assets and Liabilities:
- Total Assets: $8,581,156,143
- Total Liabilities: $1,687,631,358
- Net Assets: $6,893,524,785
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET INPATIENT REVENUE
Revenue
$1,336,811,219
NET OUTPATIENT REVENUE
Revenue
$854,682,583
PHYSICIAN SERVICES
Revenue
$452,843,015
CAPITATION REVENUE
Revenue
$98,311,401
Organization Details
Founding Year
1883
Principal Officer
Stephen Davis
Website
www.cincinnatichildrens.orgNTEE Category
Code: E240 - Health
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