Overview
What is Children's Hospital Los Angeles Medical Group?
Children's Hospital Los Angeles Medical Group is a renowned nonprofit medical organization located at 3250 Wilshire Blvd 1101, Los Angeles, CA, 90010. Their mission is to deliver exceptional medical care to infants, children, and adolescents, while supporting advanced teaching and research initiatives. The group specializes in subspecialties representing the departments of pediatrics, surgery, anesthesia/critical care medicine, radiology, and pathology. They cater to the underprivileged pediatric population in Los Angeles and surrounding counties, regardless of their ability to pay, with most patients being beneficiaries of Medi-Cal and other state programs for the medically indigent. The majority of the patients and their families served live in impoverished or medically underserved areas. The group provides services to the uninsured and underinsured at significantly reduced rates, offering high-quality medical care that is below their established fees.
Official website here: www.childrenshospitallamedicalgroup.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Children's Hospital Los Angeles Medical Group has achieved an 81% rating on Charity Navigator, indicating a strong performance in the area of accountability and finance. This rating is based on thorough assessments of financial management practices and transparency, showing no material diversion of assets and adherence to necessary policies such as conflict of interest and whistleblower protections. The organization indicates a solid fiscal responsibility with a program expense ratio of 91.82%, demonstrating a commitment to allocating the majority of its resources towards its core mission of providing healthcare.
The organization excels in key financial metrics, such as a liabilities to assets ratio of 40.83%, which suggests a healthy balance sheet. It also benefits from a well-structured oversight committee that ensures the integrity of its financial statements. However, while the financial health is commendable, the high salaries of key personnel, including the director and CEO, may raise questions about compensation practices within the organization, reflecting a need for continued scrutiny in executive pay versus program funding.
Overall, Children's Hospital Los Angeles Medical Group presents itself as a responsible and transparent nonprofit, effectively directing its resources towards its services. Nonetheless, prospective donors may want to consider the implications of executive compensation in relation to the nonprofit's overall financial strategy and impact on community support.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Hospital Los Angeles Medical Group legitimate?
Children's Hospital Los Angeles Medical Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Hospital Los Angeles Medical Group 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: $198,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $170,269,867
For more financial information, click here
Official website here: www.childrenshospitallamedicalgroup.org
What is the mission statement of Children's Hospital Los Angeles Medical Group?
The Children's Hospital Los Angeles Medical Group is committed to delivering top-tier pediatric medical care and supporting exceptional teaching and research endeavors for infants, children, and adolescents. Their mission is to be the leading multispecialty medical group in the nation, providing the highest quality medical services in departments including pediatrics, surgery, anesthesia/critical care medicine, radiology, and pathology. They focus on serving the underserved pediatric population of Los Angeles and surrounding counties, regardless of their ability to pay. A significant portion of their patients rely on Medi-Cal and other state programs for the medically indigent, and most come from areas demonstrated to be poor or medically underserved. The medical group provides services to the uninsured and underinsured at significantly reduced rates.
Official website here: www.childrenshospitallamedicalgroup.org
Who is the CEO of Children's Hospital Los Angeles Medical Group?
Lin James is the CEO of Children's Hospital Los Angeles Medical Group The CEO's salary of Children's Hospital Los Angeles Medical Group is $0 and their total compensation is $374,195.
Official website here: www.childrenshospitallamedicalgroup.org
What is the revenue of Children's Hospital Los Angeles Medical Group?
Children's Hospital Los Angeles Medical Group's revenue in 2023 was $238,840,028.
Official website here: www.childrenshospitallamedicalgroup.org
Who are the executives of Children's Hospital Los Angeles Medical Group and what are their salaries?
The average compensation at Children's Hospital Los Angeles Medical Group during 2023 was $757,635. There are 225 employees at Children's Hospital Los Angeles Medical Group.
Here are 26 key members and their salaries (Children's Hospital Los Angeles Medical Group's CEO's salary is $0 and their total compensation is $374,195):
- Compensation: $409,977
- Related: $0
- Other: $0
- Compensation: $918,000
- Related: $0
- Other: $0
- Compensation: $221,490
- Related: $0
- Other: $0
- Compensation: $504,143
- Related: $0
- Other: $0
- Compensation: $647,550
- Related: $0
- Other: $0
- Compensation: $766,668
- Related: $0
- Other: $0
- Compensation: $295,000
- Related: $0
- Other: $0
- Compensation: $261,050
- Related: $0
- Other: $0
- Compensation: $432,958
- Related: $0
- Other: $0
- Compensation: $487,796
- Related: $0
- Other: $0
- Compensation: $247,681
- Related: $0
- Other: $0
- Compensation: $146,608
- Related: $0
- Other: $0
- Compensation: $339,412
- Related: $0
- Other: $0
- Compensation: $421,161
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $371,300
- Related: $0
- Other: $0
- Compensation: $286,047
- Related: $0
- Other: $0
- Compensation: $222,904
- Related: $0
- Other: $0
- Compensation: $0
- Related: $800,649
- Other: $2,120
- Compensation: $0
- Related: $232,466
- Other: $607
- Compensation: $0
- Related: $374,195
- Other: $0
- Compensation: $697,697
- Related: $0
- Other: $0
- Compensation: $757,433
- Related: $0
- Other: $0
- Compensation: $724,887
- Related: $0
- Other: $0
- Compensation: $695,650
- Related: $0
- Other: $0
- Compensation: $603,403
- Related: $0
- Other: $0
Official website here: www.childrenshospitallamedicalgroup.org
Where can I find the form 990 for Children's Hospital Los Angeles Medical Group?
Children's Hospital Los Angeles Medical Group's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.childrenshospitallamedicalgroup.org
Learn more at the official website: www.childrenshospitallamedicalgroup.org
Mission Statement of Children's Hospital Los Angeles Medical Group
Children's Hospital Los Angeles Medical Group (CHLAMG) is a preeminent pediatric, multispecialty medical group dedicated to providing the highest quality medical care to infants, children, and adolescents. They are committed to supporting the finest teaching and research endeavors of their faculty.
CHLAMG offers specialty medical services at Children's Hospital Los Angeles in the subspecialties representing the departments of Pediatrics, Surgery, Anesthesia/Critical Care Medicine, Radiology, and Pathology. They cater to the underserved pediatric population of Los Angeles and surrounding counties, regardless of their ability to pay. Most patients and families served by CHLAMG are beneficiaries of Medi-Cal and other state programs for the medically indigent. A significant number of patients and families live in areas demonstrated to be poor or medically underserved. CHLAMG provides services to the uninsured and underinsured at rates significantly below its established fees.
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Impact
October, 2024
Children's Hospital Los Angeles Medical Group (CHLAMG) significantly impacts the health and well-being of children in Los Angeles and surrounding areas. By providing high-quality medical care, CHLAMG specializes in various pediatric services, including pediatrics, surgery, anesthesia, critical care medicine, radiology, and pathology. This comprehensive approach ensures that children receive specialized care tailored to their unique needs.
A primary focus of CHLAMG is to serve the underserved pediatric population, including many patients who rely on Medi-Cal and other state programs for healthcare. Most of these patients come from economically disadvantaged backgrounds, facing barriers to accessing quality medical services. By offering care at rates significantly below established fees, CHLAMG ensures that even uninsured children receive the necessary treatment regardless of their families' financial situation.
Moreover, CHLAMG is committed to advancing pediatric medicine through teaching and research. The organization not only supports education but also conducts research aimed at preventing diseases, further enhancing its role as a leader in pediatric healthcare. This dual mission of care and innovation positions CHLAMG as a cornerstone of health support for children in the region, making a lasting difference in their lives and contributing to the overall well-being of the community.
This information is meant to be a general summary of Children's Hospital Los Angeles Medical Group. 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.
- Investment Income: $1,710,854
- Program Service Revenue: $237,281,694
- Gross Receipts: $243,847,042
Assets and Liabilities:
- Total Assets: $99,580,937
- Total Liabilities: $38,547,392
- Net Assets: $61,033,545
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SVC REVENUE
Revenue
$130,256,391
OTHER MEDICAL REVENUE
Revenue
$106,985,848
EXEMPT FUNCTION INCOME
Revenue
$39,455
Organization Details
Founding Year
1982
Principal Officer
Lin James
NTEE Category
Code: E03 - Health
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