Overview
What is Children's Hospital Of Chicago Medical Center?
Children's Hospital of Chicago Medical Center is a renowned pediatric institution based in Chicago, Illinois. Their mission encompasses delivering healthcare services, fostering education, and spearheading research in collaboration with affiliated organizations across the state. By providing comprehensive care and support, they strive to improve the wellbeing of children throughout Illinois. While specific activities and schedules are detailed elsewhere, the core focus remains dedicated to enhancing the lives of young patients.
Official website here: www.luriechildrens.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Children's Hospital Of Chicago Medical Center has received an 81% rating from Charity Navigator, indicating a solid level of performance primarily in accountability and finance. The organization has shown strengths, particularly in governance, with a board composed of 96% independent members and a robust structure for audits and oversight. Their financial management reflects a strong commitment, evidenced by a high program expense ratio of 94.67%, suggesting that a significant portion of their funds is directed towards their mission.
Despite these strengths, the hospital faces some challenges, particularly with its liabilities to assets ratio, which stands at 83.91%, reflecting a potential concern in financial stability. This aspect may warrant further scrutiny to ensure long-term sustainability. Overall, while the hospital demonstrates commendable practices in transparency and accountability, attention to its financial ratios could enhance its operational resilience.
In summary, Children's Hospital Of Chicago Medical Center is effectively governed and manages its resources well, directing most of its funding towards its programs. However, addressing its liabilities relative to assets may be essential for maintaining its financial health moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Hospital Of Chicago Medical Center legitimate?
Children's Hospital Of Chicago Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Hospital Of Chicago 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,414,704
For more financial information, click here
Official website here: www.luriechildrens.org
What is the mission statement of Children's Hospital Of Chicago Medical Center?
The Children's Hospital of Chicago Medical Center is dedicated to delivering healthcare, education, and research services for children. Working in collaboration with affiliated organizations throughout Illinois, this medical center prioritizes the well-being of children. Its mission encompasses providing essential medical care, fostering educational opportunities, and conducting groundbreaking research to improve the lives of children. Through these efforts, the hospital aims to make a positive impact on the health and development of young individuals.
Official website here: www.luriechildrens.org
Who is the CEO of Children's Hospital Of Chicago Medical Center?
Thomas P Shanley Md is the CEO of Children's Hospital Of Chicago Medical Center The CEO's salary of Children's Hospital Of Chicago Medical Center is $0 and their total compensation is $2,400,522.
Official website here: www.luriechildrens.org
What is the revenue of Children's Hospital Of Chicago Medical Center?
Children's Hospital Of Chicago Medical Center's revenue in 2023 was $61,916,858.
Official website here: www.luriechildrens.org
Who are the executives of Children's Hospital Of Chicago Medical Center and what are their salaries?
The average compensation at Children's Hospital Of Chicago Medical Center during 2023 was $153,676. There are 276 employees and 54 volunteers at Children's Hospital Of Chicago Medical Center.
Here are 74 key members and their salaries (Children's Hospital Of Chicago Medical Center's CEO's salary is $0 and their total compensation is $2,400,522):
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- Other: $30,019
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- Other: $85,273
- Compensation: $827,778
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- Related: $195,697
- Other: $9,996
Official website here: www.luriechildrens.org
Where can I find the form 990 for Children's Hospital Of Chicago Medical Center?
Children's Hospital Of Chicago Medical Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.luriechildrens.org
Learn more at the official website: www.luriechildrens.org
Mission Statement of Children's Hospital Of Chicago Medical Center
Children's Hospital of Chicago Medical Center is a renowned pediatric healthcare provider, dedicated to delivering top-notch healthcare, education, and research in collaboration with its affiliates across Illinois. This Chicago-based medical center prioritizes the well-being of children, ensuring they receive comprehensive and specialized care.
The mission of Children's Hospital of Chicago Medical Center revolves around the belief that every child deserves optimal health and well-being. They strive to make a positive impact on the young lives and families they serve, going beyond the scope of traditional medical care. With a focus on education and research, the hospital is committed to staying at the forefront of pediatric healthcare advancements. By collaborating with affiliates throughout the state, they expand their reach and broaden their ability to provide exceptional care to children in need.
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Impact
October, 2024
Children's Hospital of Chicago Medical Center has a profound impact on the health and well-being of children across Illinois. As a specialized medical facility, it offers comprehensive healthcare services tailored to the unique needs of pediatric patients. The hospital not only provides critical medical care but also invests heavily in education and research to advance pediatric medicine, ensuring that healthcare practices evolve alongside medical advancements.
Through its affiliate network throughout Illinois, the hospital extends its reach, delivering essential services to children beyond Chicago. This accessibility enhances community health outcomes by supporting early diagnosis and intervention. By focusing on research, Children’s Hospital contributes to innovative treatments and therapies, further solidifying its role as a leader in pediatric healthcare. Overall, its commitment to healthcare, education, and research significantly improves the quality of life for children and their families in the region.
This information is meant to be a general summary of Children's Hospital Of Chicago 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 2023.
- Program Service Revenue: $50,741,500
- Gross Receipts: $61,916,858
Assets and Liabilities:
- Total Assets: $62,705,026
- Total Liabilities: $16,727,884
- Net Assets: $45,977,142
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT REVENUES
Revenue
$36,735,473
MEDICAID
Revenue
$5,474,234
MEDICAL ADMIN & TEACHING
Revenue
$5,261,837
MISC. OPERATING REVENUE
Revenue
$3,269,956
Organization Details
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