CHILDRENS HOSPITAL MEDICAL CENTER Charity Report

Public IRS 990 nonprofit record

CHILDRENS HOSPITAL MEDICAL CENTER

EIN 31-0833936 · Health Care (E240)

What they do

CINCINNATI CHILDRENS HOSPITAL MEDICAL CENTER WILL BE THE LEADER IN IMPROVING CHILD HEALTH. CINCINNATI CHILDRENS WILL PROVIDE CHILD HEALTH and TRANSFORM DELIVERY of CARE THROUGH FULLY INTEGRATED, GLOBALLY RECOGNIZED RESEARCH, EDUCATION, and INNOVATION. for PATIENTS and OUR COMMUNITY, THE NATION and THE WORLD, THE CARE WE PROVIDE WILL ACHIEVE THE BEST MEDICAL and QUALITY of LIFE OUTCOMES, PATIENT and FAMILY EXPERIENCES, and VALUE, TODAY and IN THE FUTURE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $78.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

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

They name their leaders47 people are listed in the latest report.

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

Money made simple

73.96%of revenue went to mission work78.5% of expenses · Program services

0.31%of revenue went to fundraising0.3% of expenses

$94.24spent for every $100 of revenueRevenue covered expenses this year.

19.97%of revenue went to management and office costs21.2% of expenses

$3.18in assets for every $1 spent this yearSome assets cannot be spent right away.

13.7%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.

Pay context: The highest compensation shown in this filing is $3,370,355 for DAVID MORALES MD (DIV. DIR, CARDIOLOGY). 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 2024

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$3,568,680,376

Mission workProgram services$2,639,348,94973.96% of revenue78.5% of expenses

ManagementOffice and general costs$712,775,92419.97% of revenue21.2% of expenses

FundraisingAsking for donations$11,036,7000.31% of revenue0.3% of expenses

Revenue left after expensesReported annual surplus$205,518,8035.76% of revenueShown in gray on the chart

Total expenses$3,363,161,57394.24% 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

2024CurrentExpense mix: 78.5% mission · 21.2% management · 0.3% fundraisingTotal expenses: 94.24% of revenue

2023Expense mix: 76.9% mission · 22.9% management · 0.2% fundraisingTotal expenses: 93.55% of revenue

2022Expense mix: 77.3% mission · 22.5% management · 0.2% fundraisingTotal expenses: 95.18% of revenue

2021Expense mix: 78.7% mission · 21.1% management · 0.3% fundraisingTotal expenses: 95.02% of revenue

2020Expense mix: 79.6% mission · 20.1% management · 0.3% fundraisingTotal expenses: 90.10% of revenue

2019Expense mix: 79.7% mission · 20.0% management · 0.3% fundraisingTotal expenses: 94.13% of revenue

2018Expense mix: 79.7% mission · 20.1% management · 0.3% fundraisingTotal expenses: 95.82% of revenue

2017Expense mix: 87.4% mission · 12.4% management · 0.2% fundraisingTotal expenses: 96.76% of revenue

Money in and money out

Revenue$3,568,680,376

Expenses$3,363,161,573

Annual surplus $205,518,803 Revenue was higher than expenses 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)$2,639,348,949 · 78.5% of expenses

Management and office costs$712,775,924 · 21.2% of expenses

Fundraising$11,036,700 · 0.3% of expenses

See all reported dollar amounts

Revenue$3,568,680,376

Expenses$3,363,161,573

Assets$10,710,948,904

Income$4,539,949,828

Contributions$489,879,227

Mission work (program services)$2,639,348,949

Fundraising$11,036,700

Grants given$25,677,562

Average grant$54,287

Management and general$712,775,924

Executive compensation (total)$12,397,010

Stocks and bonds$1,108,020,062

Accounting fees$1,300,033

Investing fees$1,604,572

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

DAVID MORALES MDDIV. DIR, CARDIOLOGY · 50 hrs/week $3,370,355Base $2,968,640 · Other $401,715

STEVE DAVIS MDPRESIDENT & CEO · 50 hrs/week $2,814,850Base $2,737,353 · Other $77,497

DANIEL VON ALLMEN MDSURGEON-IN-CHIEF (THROUGH 6/25) · 50 hrs/week $1,945,395Base $1,878,397 · Other $66,998

CARL BACKERFACULTY PROFESSOR · 50 hrs/week $1,718,212Base $1,644,536 · Other $73,676

MARCO RICCI MDFACULTY PROFESSOR · 50 hrs/week $1,506,288Base $1,452,298 · Other $53,990

PAUL JENNYCFO & TREASURER · 49 hrs/week $1,470,070Base $1,262,048 · Other $208,022

EVALINE ALESSANDRINICOO · 49 hrs/week $1,445,167Base $1,372,157 · Other $73,010

TINA CHENGCHAIR, PEDIATRICS · 50 hrs/week $1,343,265Base $1,296,408 · Other $46,857

BRIAN COLEYRADIOLOGIST-IN-CHIEF · 50 hrs/week $1,234,818Base $1,168,527 · Other $66,291

ANDREW REDINGTON MDFMR. INSTITUTE DIRECTOR · 50 hrs/week $1,230,795Base $1,194,241 · Other $36,554

ROBERT CARPENTERSECRETARY, SVP & CLO · 50 hrs/week $1,052,419Base $923,502 · Other $128,917

ROSLAND MCLEODFORMER OFFICER · 50 hrs/week $1,009,577Base $997,081 · Other $12,496

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 (47)

DAVID MORALES MDDIV. DIR, CARDIOLOGY

STEVE DAVIS MDPRESIDENT & CEO

DANIEL VON ALLMEN MDSURGEON-IN-CHIEF (THROUGH 6/25)

CARL BACKERFACULTY PROFESSOR

MARCO RICCI MDFACULTY PROFESSOR

PAUL JENNYCFO & TREASURER

EVALINE ALESSANDRINICOO

TINA CHENGCHAIR, PEDIATRICS

BRIAN COLEYRADIOLOGIST-IN-CHIEF

ANDREW REDINGTON MDFMR. INSTITUTE DIRECTOR

ROBERT CARPENTERSECRETARY, SVP & CLO

ROSLAND MCLEODFORMER OFFICER

PETER ADEBISVP & CHRO

TONY JOHNSTONSVP & CIA

BARBARA TOFANISVP-PATIENT SERVICES

STEPHANIE EBKENSVP & CHIEF MARKETING OFFICER

OLIVER RHINESVP & CSO

JOHN MCAULIFFE MDFMR. KEY EMPLOYEE

KAREN FOOSINTERIM SVP, CHRO

ROBERT TAYLORTRUSTEE

PAMELA BRAILSFORDTRUSTEE

VADA HILLTRUSTEE

REBECCA WOODTRUSTEE / VICE CHAIR (EFF. 10/24)

SUSAN STREET WHALEYTRUSTEE

STACEY BROWNINGTRUSTEE / VICE CHAIR

ANDREW QUINNTRUSTEE

TOM FINNTRUSTEE

STUART AITKENTRUSTEE

SUSAN SHELTONTRUSTEE

HILLARY WEIDNERTRUSTEE

BETH GUTTMANTRUSTEE (THROUGH 10/24)

CHIQUITA WHITETRUSTEE

CHRISTINE BROWNERTRUSTEE

DAN OSTILIESURGEON-IN-CHIEF (EFF. 6/25)

DARIN HALLTRUSTEE

DAVID CASSADYTRUSTEE

DAVID OSBORNTRUSTEE

GARY HUFFMANTRUSTEE

MICHAEL HIRSCHFELD ESQTRUSTEE / VICE CHAIR (THROUGH 10/24)

HOLLY COLLINSWORTHTRUSTEE

JIM VANCETRUSTEE

JOEL STONETRUSTEE

KATE WHITETRUSTEE

KAY GEIGERTRUSTEE

LAURA TOMLINTRUSTEE

LIZA SMITHERMANTRUSTEE, CHAIR

MARK BIEGGERTRUSTEE / VICE CHAIR

About this charity

Recognized since: January 1973
Location: 3333 BURNET AVE, CINCINNATI, OH 45229-3026
County: Hamilton
In care of: CAROLYN KARAGEORGES
Primary officer: CAROLYN KARAGEORGES, VP & CAO

How to reach them

WebsiteVisit the charity’s website Phone(513) 803-1106

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: DELOITTE TAX LLP
NTEE classification: Health Care (E240)
IRS tax category: Specialty (except Psychiatric and Substance Abuse) Hospitals
Grant-giving organization: Yes