CHILDRENS HOSPITAL MEDICAL CENTER OF AKRON Charity Report

Public IRS 990 nonprofit record

CHILDRENS HOSPITAL MEDICAL CENTER OF AKRON

EIN 34-0714357 · Health Care (E240)

What they do

CHILDRENS HOSPITAL MEDICAL CENTER of AKRON ("CHMCA") is DEDICATED to IMPROVING THE HEALTH of CHILDREN THROUGH QUALITY PATIENT CARE, RESEARCH & EDUCATION, COMMUNITY SERVICE, and CHILD ADVOCACY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $78.40 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 leaders44 people are listed in the latest report.

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

Money made simple

68.88%of revenue went to mission work78.4% of expenses · Program services

0.41%of revenue went to fundraising0.5% of expenses

$87.90spent for every $100 of revenueRevenue covered expenses this year.

18.61%of revenue went to management and office costs21.2% of expenses

$1.85in assets for every $1 spent this yearSome assets cannot be spent right away.

1.9%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.

Pay context: The highest compensation shown in this filing is $1,791,308 for CHRISTOPHER A GESSNER (BOD/OFFICER-PRESIDENT AND 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 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$1,540,288,244

Mission workProgram services$1,060,873,97168.88% of revenue78.4% of expenses

ManagementOffice and general costs$286,647,76218.61% of revenue21.2% of expenses

FundraisingAsking for donations$6,367,0290.41% of revenue0.5% of expenses

Revenue left after expensesReported annual surplus$186,399,48212.10% of revenueShown in gray on the chart

Total expenses$1,353,888,76287.90% 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: 78.4% mission · 21.2% management · 0.5% fundraisingTotal expenses: 87.90% of revenue

2023Expense mix: 75.2% mission · 24.8% management · 0.0% fundraisingTotal expenses: 90.46% of revenue

2022Expense mix: 79.7% mission · 20.3% management · 0.0% fundraisingTotal expenses: 93.20% of revenue

2021Expense mix: 80.2% mission · 19.8% management · 0.0% fundraisingTotal expenses: 86.19% of revenue

2020Expense mix: 82.4% mission · 17.6% management · 0.0% fundraisingTotal expenses: 93.04% of revenue

2019Expense mix: 81.8% mission · 18.2% management · 0.0% fundraisingTotal expenses: 89.45% of revenue

2018Expense mix: 80.1% mission · 19.9% management · 0.0% fundraisingTotal expenses: 92.52% of revenue

2017Expense mix: 78.5% mission · 21.5% management · 0.0% fundraisingTotal expenses: 91.74% of revenue

Money in and money out

Revenue$1,540,288,244

Expenses$1,353,888,762

Annual surplus $186,399,482 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)$1,060,873,971 · 78.4% of expenses

Management and office costs$286,647,762 · 21.2% of expenses

Fundraising$6,367,029 · 0.5% of expenses

See all reported dollar amounts

Revenue$1,540,288,244

Expenses$1,353,888,762

Assets$2,507,373,699

Income$2,706,783,059

Contributions$28,510,950

Mission work (program services)$1,060,873,971

Fundraising$6,367,029

Grants given$11,393,321

Average grant$104,526

Management and general$286,647,762

Executive compensation (total)$395,714,258

Stocks and bonds$1,019,989,952

Accounting fees$684,244

Investing fees$930,615

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

CHRISTOPHER A GESSNERBOD/OFFICER-PRESIDENT AND CEO · 48 hrs/week $1,791,308Base $1,475,726 · Other $315,582

SHAWN LYDENCHIEF STRATEGY OFFICER - PART YEAR · 48 hrs/week $1,693,201Base $1,571,036 · Other $122,165

ANJAY KHANDELWALDIR BURN SURGERY · 50 hrs/week $1,194,136Base $1,169,159 · Other $24,977

TODD RITZMAN MDSURGEON IN CHIEF · 50 hrs/week $1,165,454Base $1,121,356 · Other $44,098

KATHERINE WOLFE MDCHIEF MATERIAL FETAIL MED SVS · 50 hrs/week $1,126,765Base $1,070,455 · Other $56,310

TSULEE CHEN MDDIRECTOR NEUROSURGERY · 49 hrs/week $1,124,787Base $1,076,947 · Other $47,840

LISA AURILIOCHIEF OPERATING OFFICER · 49 hrs/week $1,093,025Base $1,055,002 · Other $38,023

RICHARD LOUBURN SURGEON · 50 hrs/week $1,088,036Base $1,034,761 · Other $53,275

ROBERT STEWART MDDIRECTOR CARDIOTHORACIC SURGERY · 50 hrs/week $1,085,490Base $1,026,220 · Other $59,270

MARK WULKAN MDDEPARTMENT CHAIR SURGERY-PART YEAR · 50 hrs/week $990,535Base $944,848 · Other $45,687

GORDON EDWARDSBOD/OFFICER-CHIEF FINANCIAL OFFICER AND TREASURER · 45 hrs/week $963,211Base $884,190 · Other $79,021

TARUN BHALLA MDCHIEF CLINICAL OFFICER · 49 hrs/week $847,812Base $792,001 · Other $55,811

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 (44)

CHRISTOPHER A GESSNERBOD/OFFICER-PRESIDENT AND CEO

SHAWN LYDENCHIEF STRATEGY OFFICER - PART YEAR

ANJAY KHANDELWALDIR BURN SURGERY

TODD RITZMAN MDSURGEON IN CHIEF

KATHERINE WOLFE MDCHIEF MATERIAL FETAIL MED SVS

TSULEE CHEN MDDIRECTOR NEUROSURGERY

LISA AURILIOCHIEF OPERATING OFFICER

RICHARD LOUBURN SURGEON

ROBERT STEWART MDDIRECTOR CARDIOTHORACIC SURGERY

MARK WULKAN MDDEPARTMENT CHAIR SURGERY-PART YEAR

GORDON EDWARDSBOD/OFFICER-CHIEF FINANCIAL OFFICER AND TREASURER

TARUN BHALLA MDCHIEF CLINICAL OFFICER

MICHAEL BIGHAM MDCHIEF QUALITY OFFICER

ROBERT MCGREGOR MDCHIEF MEDICAL OFFICER - PART YEAR

RHONDA LARIMORECHIEF HUMAN RESOURCES OFFICER

KERWYN JONESPEDIATRIC ORTHOPEDIC SURGEON

KIMBERLY MOSESCHIEF LEGAL OFFICER

SHEFALI MAHESH MDPRESIDENT OF MEDICAL STAFF/CHAIR PEDIATRICS

ROBERT WELLSDIRECTOR

PATRICK COVEYDIRECTOR

ROBERT DAVISDIRECTOR

SUSAN MCMAINSDIRECTOR

SUZANNE LOCKESECRETARY - PART YEAR

TIMOTHY BURKEDIRECTOR/CHAIR FINANCE COMMITTEE

TUCKER MARSHALLDIRECTOR

VIRGINIA ADDICOTTCHAIR OF BOARD OF DIRECTORS

VIRGINIA DROSOSDIRECTOR - PART YEAR

WILLIAM KELLEHERDIRECTOR

RICHARD ROGERSDIRECTOR

REV LEWIS MACKLINDIRECTOR

PAUL CATANIADIRECTOR

MONTRELLA JACKSONDIRECTOR

MARK OELSCHLAGERDIRECTOR

LISA JEFFRIESDIRECTOR

LISA BANDWENDIRECTOR - PART YEAR

KARA LEWISDIRECTOR

JOSEPH GINGODIRECTOR

JOHN MAYERDIRECTOR

JODI VRABECDIRECTOR

JOAN LAUCKDIRECTOR - PART YEAR

GLEN STEPHENSDIRECTOR - PART YEAR

DENISE SCHAFFNERDIRECTOR

DARREN WELLSDIRECTOR - PART YEAR

BARBARA VARLEYDIRECTOR

About this charity

Recognized since: January 1937
Location: 1 PERKINS SQ, AKRON, OH 44308-1063
County: Summit
In care of: % ALICIA LAMANCUSA
Primary officer: GORDON T EDWARDS, CHIEF FINANCIAL OFFICER & TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(330) 543-8171

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PLANTE & MORAN PLLC
NTEE classification: Health Care (E240)
IRS tax category: Specialty (except Psychiatric and Substance Abuse) Hospitals
Grant-giving organization: Yes