CHILDRENS SPECIALIZED HOSPITAL Charity Report

Tax-exempt status may be revoked

CHILDRENS SPECIALIZED HOSPITAL

EIN 22-1487148 · General Hospitals (E22)

What they do

to BE THE PREEMINENT PROVIDER of SPECIALIZED HEALTHCARE SERVICES for INFANTS, CHILDREN and YOUNG ADULTS. THE ORGANIZATION PROVIDES MEDICALLY NECESSARY PEDIATRIC HEALTHCARE SERVICES to ALL CHILDREN IN A NON-DISCRIMINATORY MANNER REGARDLESS of RACE, COLOR, CREED, SEX, NATIONAL ORIGIN or ABILITY to PAY. PLEASE REFER to THE ORGANIZATIONS COMMUNITY BENEFIT STATEMENT INCLUDED IN SCHEDULE O.

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2018The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.33%of revenue went to mission work90.0% of expenses · Program services

$100.15spent for every $100 of revenueSpending was higher than revenue this year.

9.59%of revenue went to management and office costs10.0% of expenses

$1.29in assets for every $1 spent this yearSome assets cannot be spent right away.

14.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $210,451 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,351,393 for WARREN E MOORE (TRUSTEE - PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2018

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$148,126,429

Mission workProgram services$127,876,52186.33% of revenue90.0% of expenses

ManagementOffice and general costs$14,208,5029.59% of revenue10.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$6,041,4064.08% of revenueShown in gray on the chart

Total expenses$142,085,02395.92% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2018CurrentExpense mix: 90.0% mission · 10.0% management · 0.0% fundraisingTotal expenses: 95.92% of revenue

2017Expense mix: 90.0% mission · 10.0% management · 0.0% fundraisingTotal expenses: 94.43% of revenue

2016Expense mix: 90.0% mission · 10.0% management · 0.0% fundraisingTotal expenses: 94.73% of revenue

Money in and money out

Revenue$141,874,572

Expenses$142,085,023

Annual shortfall $210,451 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$127,876,521 · 90.0% of expenses

Management and office costs$14,208,502 · 10.0% of expenses

See all reported dollar amounts

Revenue$141,874,572

Expenses$142,085,023

Assets$183,734,158

Income$141,874,572

Contributions$21,082,403

Mission work (program services)$127,876,521

Management and general$14,208,502

Executive compensation (total)$6,129,004

People

Leadership and board

Tax year 2018

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

WARREN E MOORETRUSTEE - PRESIDENT/CEO · 55 hrs/week $1,351,393Base $899,158 · Other $452,235

CHRISTOPHER HAINES DO FACEPVP/CMO (TERMED 6/12/18) · 55 hrs/week $856,250Base $850,888 · Other $5,362

MICHAEL R DRIBBON PHDVP/BUS DEVELOP/CRO · 55 hrs/week $537,005Base $416,250 · Other $120,755

CHARLES CHIANESE MBAVP/COO · 55 hrs/week $532,292Base $403,570 · Other $128,722

JOSEPH J DOBOSH JR MBAVP/CFO · 55 hrs/week $503,787Base $415,013 · Other $88,774

PHILIP SALERNO IIITRUSTEE - PRES/CDO FOUNDATION · 55 hrs/week $468,668Base $430,344 · Other $38,324

BONNIE ALTIERI PHD RNVP PATIENT CARE SERVICES/CNO · 55 hrs/week $458,087Base $333,975 · Other $124,112

MATTHEW MCDONALD MDTRUSTEE - VP/CMO · 55 hrs/week $419,727Base $360,562 · Other $59,165

COLIN R OREILLY MDSECTION CHIEF IP PEDIATRICS · 50 hrs/week $360,484Base $331,144 · Other $29,340

PATRICIA D FOLEY PT FACHEVP OUTPATIENT SERVICES · 50 hrs/week $335,105Base $248,308 · Other $86,797

RUTH K BASHVP/CHIEF CULTURE/CHIEF HR OFF · 55 hrs/week $316,481Base $255,533 · Other $60,948

WILLIAM J DWYERVP/CHIEF HR OFF.(TERM 3/11/18) · 55 hrs/week $312,113Base $310,937 · Other $1,176

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

WARREN E MOORETRUSTEE - PRESIDENT/CEO

CHRISTOPHER HAINES DO FACEPVP/CMO (TERMED 6/12/18)

MICHAEL R DRIBBON PHDVP/BUS DEVELOP/CRO

CHARLES CHIANESE MBAVP/COO

JOSEPH J DOBOSH JR MBAVP/CFO

PHILIP SALERNO IIITRUSTEE - PRES/CDO FOUNDATION

BONNIE ALTIERI PHD RNVP PATIENT CARE SERVICES/CNO

MATTHEW MCDONALD MDTRUSTEE - VP/CMO

COLIN R OREILLY MDSECTION CHIEF IP PEDIATRICS

PATRICIA D FOLEY PT FACHEVP OUTPATIENT SERVICES

RUTH K BASHVP/CHIEF CULTURE/CHIEF HR OFF

WILLIAM J DWYERVP/CHIEF HR OFF.(TERM 3/11/18)

JENFU CHENG MDTRUSTEE - PRESIDENT MED STAFF

KRISHAN YALAMANCHI MDDIRECTOR BRAIN INJURY PROGRAM

ANNA MALIA BECKWITH MDSECTION CHIEF NEURODEVELOPMENT

ELVIRA DOWNS MDSECTION CHIEF PSYCHIATRY

AMY B MANSUETRUSTEE - RWJBH PRES. S. DIV.

PENELOPE E LATTIMER PHDTRUSTEE

BARBARA ROTHMANTREASURER - TRUSTEE

VICTORIA WICKSTRUSTEE

SUEANNA D KORNTRUSTEE

STEVEN M ROSENBERG ESQTRUSTEE

SANDRA DESAPIOTRUSTEE

CELESTE ANDRIOT WOODCHAIR - TRUSTEE

ROBERT L SMARTTTRUSTEE

CHRISTIANA FOGLIOSECRETARY - TRUSTEE

GLENN MORTIMERTRUSTEE

DANA N MAUROTRUSTEE

DAVID KOSTINAS1ST VICE CHAIR - TRUSTEE

LAWRENCE KRAMERTREASURER - TRUSTEE

FRED TEWELLTRUSTEE

KIM HANEMANNTRUSTEE

GEOFFREY PERSELAYTRUSTEE

JOHN R BLASI ESQTRUSTEE

JOHN CRISAN ESQTRUSTEE

About this charity

Recognized since: January 2020
Location: 150 NEW PROVIDENCE ROAD, MOUNTAINSIDE, NJ 07092-2590
County: Union
In care of: % MS ESTEFANY ORELLANA TOBIAS
Primary officer: CATHERINE A DOWDY, SVP FINANCE

How to reach them

WebsiteVisit the charity’s website Phone(973) 322-4032 Officer phone(732) 923-8929

Filing and classification

Latest tax year: 2018
Tax period began: January 1, 2018
Return type: 990
Tax preparer: WITHUMSMITHBROWN PC
NTEE classification: General Hospitals (E22)
IRS tax category: General Hospitals
Revocation date: May 15, 2022