NonprofitsChildrens Medical Center

Health Care

Childrens Medical Center

BOSTON, MA

Total revenue

$338.4M

Total expenses

$235.9M

Net assets

$1.5B

Grants received

$10.7M

35 grants

EIN

041174680

Tax year

2023

Mission

Holds & manages investments for Children's Hospital Corp. and its affiliated organizations.

Programs

1 program

Patient care - Activity from Boston Children's Health Physicians, LLP, a fully integrated health care community that provides pediatric physician inpatient and outpatient care to patients throughout the New York Metropolitan Area, the Hudson Valley, Connecticut and New Jersey.

Expenses: $140.9M

Financials

FY 2023

Revenue

Contributions & grants$374K
Program service revenue$172.0M
Investment income$139.7M
Other revenue$26.3M
Total revenue$338.4M

Expenses

Grants paid
Salaries & benefits$157.9M
Fundraising
Other expenses$78.0M
Total expenses$235.9M
Total assets$3.9B
Net assets$1.5B

People

46 listed

NameRoleCompensation

Christine Grenache

Asst Sec/Exec Manager (END TERM 6/30/24)

Board

$149K

5 hrs/wk

Ivor Horn MD

Director

Board

1 hrs/wk

Stephen Karp

Director

Board

1 hrs/wk

Steven Krichmar

Director

Board

1 hrs/wk

Robert Langer ScD

Director

Board

1 hrs/wk

Vivian Lee MD

Director

Board

1 hrs/wk

Harvey Lodish PhD

Director

Board

1 hrs/wk

Gary Loveman MD

Director

Board

1 hrs/wk

Ralph C Martin

Director

Board

1 hrs/wk

Thomas Melendez

Director

Board

1 hrs/wk

Ted Pappendick

Director

Board

1 hrs/wk

Kathleen Regan

Director

Board

1 hrs/wk

Robert A Smith

Director - Vice Chair

Board

2 hrs/wk

Alison Taunton-Rigby PhD

Director

Board

1 hrs/wk

Lisa Wieland

Director

Board

1 hrs/wk

James Mandell MD

Director

Board

1 hrs/wk

Doug Vanderslice

EVP, CFO & Treasurer

Board

5 hrs/wk

Bruce Balter

Asst Treasurer/Dir Corp Fin

Board

5 hrs/wk

Rob Graham

Asst Secretary/Sr Dr Ent Comm (BEGIN TERM 7/1/24)

Board

5 hrs/wk

Christopher Viney JD

EVP, General Counsel & Sec

Board

5 hrs/wk

Kevin Churchwell MD

President & CEO

Board

5 hrs/wk

Douglas Berthiaume

Director - Chairperson

Board

5 hrs/wk

Allan Bufferd

Director

Board

1 hrs/wk

Winston Henderson

Director

Board

1 hrs/wk

Kathleen Ennabi

Physician

Staff

$1.3M

55 hrs/wk

Keith Ancona

Physician

Staff

$1.2M

55 hrs/wk

Allen Dozor

Physician

Staff

$913K

55 hrs/wk

Philip Rotner

Chief Investment Officer

Staff

5 hrs/wk

Peter Laussen MD

EVP, Health Affairs

Staff

5 hrs/wk

Michele Garvin Esq

EVP, Chief of Staff

Staff

5 hrs/wk

Laura J Wood DNP MS RN

EVP, Chief Nursing Officer

Staff

5 hrs/wk

Demosthenes Argys

EVP, Hospital Chief Operating Officer, CCO

Staff

5 hrs/wk

Lynn Susman

EVP, Chief Development Off

Staff

5 hrs/wk

Lisa Hogarty

SVP, RE Planning and Devel

Staff

5 hrs/wk

Michael Gillespie

SVP, Clinical Services

Staff

5 hrs/wk

Patricia Hickey PhD MBA RN NEA-BC

SVP, Nursing/Patient Care

Staff

5 hrs/wk

August Cervini

SVP, Research Administration

Staff

5 hrs/wk

Heather Nelson

SVP, Chief Information Off

Staff

5 hrs/wk

Joseph A Mitchell MD

EVP & President, Franciscan's

Staff

5 hrs/wk

Nancy Andrews

EVP, Chief Scientific Officer

Staff

5 hrs/wk

Steven Luber

SVP, Finance

Staff

5 hrs/wk

Lisa Abbott

EVP, Chief Human Resources Officer

Staff

5 hrs/wk

Martin Kelly

Director, Investments

Staff

5 hrs/wk

Stacy Drury

Department Chief, Psychiatry

Staff

5 hrs/wk

Sandra Fenwick

Former President & CEO

Staff

0

Daniel Nigrin MD

Former SVP & CIO

Staff

0

Independent contractors

NextGen Healthcare Inc

Medical billing services

$7.6M

Impact Advisors LLC

Consulting services

$2.8M

Wolf Greenfield & Sacks PC

Legal services

$2.7M

Axispoint Technology Solutions Group In

Information technology services

$2.4M

Nixon Peabody LLP

Legal services

$1.5M

Grants received

Showing 35 of 35

FromAmountPurposeYear
$5M
PROVIDE CARE TO ALL CHILDREN, MAKE A BETTER LIFE FOR CHILDREN AND SEARCH FOR CURES.
2024
$80K
CHARITABLE
2024
$50K
NEW INVESTIGATOR AWARDS
2024
$650
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$2.5M
PROVIDE CARE TO ALL CHILDREN, MAKE A BETTER LIFE FOR CHILDREN AND SEARCH FOR CURES.
2023
$20K
CHARITABLE
2023
$4K
GENERAL OPERATING
2023
$1K
RESEARCH & CARE ASSISTANCE
2023
$610
GENERAL OPERATING SUPPORT
2023
$88
GENERAL PURPOSE
2023
$2.5M
PROVIDE CARE TO ALL CHILDREN, MAKE A BETTER LIFE FOR CHILDREN AND SEARCH FOR CURES.
2022
$58K
General Operations
2022
$40K
GENERAL SUPPORT
2022
$1K
RESEARCH & CARE ASSISTANCE
2022
$500
GENERAL OPERATING SUPPORT
2022
$80K
General Operations
2021
$10K
UNRESTRICTED GENERAL
2021
$1K
Research & Care Assistance
2021
$11K
UNRESTRICTED GENERAL
2020
$5K
GENERAL CONTRIBUTION
2020
$4K
GENERAL SUPPORT
2020
$2K
CHARITABLE DONATION
2020
$1K
PEDIATRIC ACUTE CARE TEACHING HOSPITAL
2020
$500
MEDICAL CARE AND RESEARCH
2020
$200K
GRANT-RENOVATE EMERGENCY DEPT
2018
$10K
UNRESTRICTED GENERAL
2018
$1K
GENERAL UNRESTRICTED
2018

Funded by

$10.7M from 20 funders · 35 grants · 2018–2024

Hamon Charitable Foundation

$10M · 3 grants · 2022–2024

The Constantin Foundation Inc

$200K · 1 grant · 2018

Gilbert L Justice Family Foundation

$138K · 2 grants · 2021–2022

JLH Foundation

$100K · 2 grants · 2023–2024

John R Mccune Dec'd Charitable

$40K · 1 grant · 2022

The Duffy And Tina Oyster Foundation

$40K · 2 grants · 2023

Marion Flagg Tua

$31K · 3 grants · 2018–2021

Details

EIN041174680
NTEE codeE240
Subsection03
Ruling date1960-06
Formed1869
Employees1167
Volunteers0
CHILDRENS MEDICAL CENTER — Mission, Financials & Grants Received | Grantivo