Overview
What is Children's Health System Inc?
Children's Health System Inc is a nonprofit organization headquartered at 601 Children's Lane, Norfolk, VA, 23507. With a team of around 51 employees, this health system is dedicated to the wellbeing of children and young adults from southeastern Virginia and northeastern North Carolina. Through its subsidiaries, Children's Hospital of The King's Daughters, Children's Medical Group, Children's Surgical Specialty Group, and Children's Health Foundation, the health system provides comprehensive pediatric care to over 400,000 individuals from infancy to young adulthood. Children's Health System Inc offers long-term planning, management, and support services to ensure the success of its subsidiaries in fulfilling their respective missions.
Official website here: www.chkd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Children's Health System Inc has received a Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance. The organization boasts a high percentage of independent board members, with 83% of its 15-member board meeting this criterion. The charity demonstrates responsible financial practices, evidenced by a perfect score in areas such as audit oversight and conflict of interest policies.
The charity's program expense ratio is commendable at 79.77%, indicating that a significant portion of its funds is directed towards its mission. Additionally, the organization has effectively implemented various policies related to governance, including whistleblower and document retention policies, which contribute to its operational transparency. However, there are some concerns regarding its liabilities to assets ratio, which stands at 64.12%, suggesting potential financial vulnerabilities.
Overall, while Children's Health System Inc exhibits strong performance in various accountability metrics and focuses on program spending, stakeholders may want to monitor its financial ratios for sustainability over the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Health System Inc legitimate?
Children's Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Health System 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: $4,801,853
Professional Fundraising Fees: $1,100
Other Salaries and Wages: $6,722,423
For more financial information, click here
Official website here: www.chkd.org
What is the mission statement of Children's Health System Inc?
Children's Health System Inc is a pediatric healthcare system committed to the health and wellbeing of children and young adults. The organization provides comprehensive care for infants, children, teens, and young adults. Through its various entities, including Children's Hospital of the King's Daughters, Children's Medical Group, Children's Surgical Specialty Group, and Children's Health Foundation, it meets the varied medical needs of over 400,000 individuals. Children's Health System Inc is dedicated to ensuring the best possible healthcare for its young patients, offering a range of services to cater to their unique requirements.
Official website here: www.chkd.org
What is the revenue of Children's Health System Inc?
Children's Health System Inc's revenue in 2024 was $40,064,863.
Official website here: www.chkd.org
Who are the executives of Children's Health System Inc and what are their salaries?
The average compensation at Children's Health System Inc during 2024 was $182,925. There are 63 employees and 19 volunteers at Children's Health System Inc.
Here are 34 key members and their salaries:
- Compensation: $1,314,834
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- Other: $375,724
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- Other: $41,915
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- Other: $42,660
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- Compensation: $736,668
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- Other: $471,360
- Compensation: $1,209,797
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- Other: $33,930
- Compensation: $553,515
- Related: $0
- Other: $119,990
- Compensation: $0
- Related: $319,782
- Other: $106,206
- Compensation: $779,637
- Related: $0
- Other: $204,825
- Compensation: $270,429
- Related: $0
- Other: $52,902
- Compensation: $249,809
- Related: $0
- Other: $64,580
- Compensation: $840,977
- Related: $0
- Other: $97,645
- Compensation: $209,770
- Related: $0
- Other: $28,057
- Compensation: $221,050
- Related: $0
- Other: $49,672
- Compensation: $212,197
- Related: $0
- Other: $19,475
- Compensation: $246,517
- Related: $0
- Other: $8,903
Official website here: www.chkd.org
Where can I find the form 990 for Children's Health System Inc?
Children's Health System Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.chkd.org
Learn more at the official website: www.chkd.org
Mission Statement of Children's Health System Inc
Children's Health System Inc, a leading pediatric healthcare provider, is dedicated to ensuring the health and wellbeing of children and young adults from Southeastern Virginia and Northeastern North Carolina. This multidisciplinary organization manages several entities, including Children's Hospital of The King's Daughters, Children's Medical Group, Children's Surgical Specialty Group, and Children's Health Foundation. Together, these entities cater to the diverse medical needs of over 400,000 infants, children, teens, and young adults.
Children's Health System Inc's mission extends beyond providing top-notch pediatric care. By overseeing its various components, the healthcare system ensures that children in its care receive comprehensive medical services tailored to their unique requirements. The organization's commitment to excellence is reflected in its approach to healthcare delivery, which encompasses both primary and specialized care. From routine check-ups to complex surgical procedures, Children's Health System Inc is equipped to handle a wide range of pediatric health concerns.
Furthermore, Children's Health System Inc goes beyond the realm of clinical care by addressing the social, emotional, and psychological needs of its patients. The organization recognizes that the health of children and young adults is influenced by various factors, and it strives to provide holistic care that addresses these needs. Through its various initiatives and partnerships, Children's Health System Inc aims to create a supportive environment that fosters the overall wellbeing and development of its patients.
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Impact
October, 2024
Children's Health System Inc significantly enhances the health and wellbeing of children and young adults in Southeastern Virginia and Northeastern North Carolina. By providing a comprehensive range of pediatric care services, it addresses the diverse medical needs of over 400,000 infants, children, teens, and young adults.
The system's multifaceted approach includes long-range planning, management, and support services for its various subsidiaries, ensuring streamlined and coordinated care. This integrated model is exemplified through its oversight of institutions such as Children's Hospital of the King's Daughters and the Children's Medical Group, which collectively deliver specialized treatments and healthcare resources tailored to the unique challenges kids face from birth to age 21.
By focusing on pediatric health, Children's Health System not only delivers essential medical services but also prioritizes the overall wellbeing of its community's younger population, impacting families and fostering healthier futures across the region.
This information is meant to be a general summary of Children's Health System 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 2024.
- Investment Income: $325,509
- Program Service Revenue: $22,915,118
- Gross Receipts: $58,197,630
Assets and Liabilities:
- Total Assets: $115,004,661
- Total Liabilities: $74,285,871
- Net Assets: $40,718,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES FROM SUBSIDIARIES
Revenue
$17,269,322
CONTRACT REVENUE
Revenue
$4,147,969
PHARMACY REVENUE
Revenue
$1,497,827
Organization Details
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