CHILDRENS HOSPITAL PEDIATRIC ASSOCIATES INC Charity Report

Public IRS 990 nonprofit record

CHILDRENS HOSPITAL PEDIATRIC ASSOCIATES INC

EIN 43-1987409 · Group Health Practices (E31)

What they do

The Foundation Provides Medical and Health Care Services Primarily to Patients At Boston Childrens Hospital, and At Satellite Locations. The Foundation Carries On and Promotes Basic and Applied Medical Research and Education In The Field of Pediatric Care By (Schedule O) Teaching Students and Other Medical and Scientific Personnel. The Foundation Also Provides Care for Patients Regardless of Their Ability to Pay.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.10 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 2023The 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 leaders30 people are listed in the latest report.

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

Money made simple

82.13%of revenue went to mission work90.1% of expenses · Program services

$86.20spent for every $100 of revenueRevenue covered expenses this year.

8.98%of revenue went to management and office costs9.9% of expenses

$1.66in assets for every $1 spent this yearSome assets cannot be spent right away.

0.2%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 $1,082,970 for WENDY K CHUNG MD PHD (PRESIDENT). 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 2023

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$454,857,213

Mission workProgram services$373,564,68182.13% of revenue90.1% of expenses

ManagementOffice and general costs$40,858,1208.98% of revenue9.9% of expenses

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

Revenue left after expensesReported annual surplus$40,434,4128.89% of revenueShown in gray on the chart

Total expenses$414,422,80191.11% 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

2023CurrentExpense mix: 90.1% mission · 9.9% management · 0.0% fundraisingTotal expenses: 91.11% of revenue

2022Expense mix: 86.9% mission · 13.1% management · 0.0% fundraisingTotal expenses: 92.44% of revenue

2021Expense mix: 87.4% mission · 12.6% management · 0.0% fundraisingTotal expenses: 82.86% of revenue

2020Expense mix: 90.0% mission · 10.0% management · 0.0% fundraisingTotal expenses: 102.92% of revenue

2019Expense mix: 88.5% mission · 11.5% management · 0.0% fundraisingTotal expenses: 104.60% of revenue

2018Expense mix: 87.6% mission · 12.4% management · 0.0% fundraisingTotal expenses: 96.83% of revenue

2017Expense mix: 89.9% mission · 10.1% management · 0.0% fundraisingTotal expenses: 94.26% of revenue

2016Expense mix: 90.4% mission · 9.6% management · 0.0% fundraisingTotal expenses: 94.76% of revenue

Money in and money out

Revenue$480,743,993

Expenses$414,422,801

Annual surplus $66,321,192 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)$373,564,681 · 90.1% of expenses

Management and office costs$40,858,120 · 9.9% of expenses

See all reported dollar amounts

Revenue$480,743,993

Expenses$414,422,801

Assets$687,303,324

Income$835,468,773

Contributions$1,091,390

Mission work (program services)$373,564,681

Grants given$191,790,449

Average grant$23,973,806

Management and general$40,858,120

Executive compensation (total)$11,192,209

Stocks and bonds$500,078,669

Investing fees$1,259,668

People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation

WENDY K CHUNG MD PHDPRESIDENT · 55 hrs/week $1,082,970Base $1,029,489 · Other $53,481

RICHARD G BACHUR MDTRUSTEE · 45 hrs/week $930,012Base $828,216 · Other $101,796

VINCENT W CHIANG MDTREASURER/CLERK · 60 hrs/week $802,334Base $728,672 · Other $73,662

GARY R FLEISHER MDFORMER PRESIDENT · 55 hrs/week $785,996Base $715,583 · Other $70,413

SCOTT B SNAPPER MD PHDTRUSTEE · 60 hrs/week $751,861Base $659,317 · Other $92,544

SARA TOOMEY MDPHYSICIAN · 60 hrs/week $688,897Base $615,235 · Other $73,662

KENNETH MANDL MDPHYSICIAN · 60 hrs/week $683,578Base $589,425 · Other $94,153

DAVID A WILLIAMS MDTRUSTEE · 60 hrs/week $665,061Base $591,265 · Other $73,796

STELLA KOUREMBANAS MDTRUSTEE · 60 hrs/week $655,175Base $549,619 · Other $105,556

PETER A NIGROVIC MDTRUSTEE · 60 hrs/week $637,727Base $583,278 · Other $54,449

MICHAEL SD AGUS MDTRUSTEE · 60 hrs/week $606,822Base $508,478 · Other $98,344

DENNIS H KIM MD PHDTRUSTEE · 60 hrs/week $598,287Base $504,743 · Other $93,544

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 (30)

WENDY K CHUNG MD PHDPRESIDENT

RICHARD G BACHUR MDTRUSTEE

VINCENT W CHIANG MDTREASURER/CLERK

GARY R FLEISHER MDFORMER PRESIDENT

SCOTT B SNAPPER MD PHDTRUSTEE

SARA TOOMEY MDPHYSICIAN

KENNETH MANDL MDPHYSICIAN

DAVID A WILLIAMS MDTRUSTEE

STELLA KOUREMBANAS MDTRUSTEE

PETER A NIGROVIC MDTRUSTEE

MICHAEL SD AGUS MDTRUSTEE

DENNIS H KIM MD PHDTRUSTEE

GREGORY YOUNG MDPHYSICIAN

FRIEDHELM HILDEBRANDT MDTRUSTEE

PATRICIA ELLEN GRANT MDPHYSICIAN

BENJAMIN A RABY MD PHDTRUSTEE

ALEJANDRO FLORES MDPHYSICIAN

WILLIAM TARVAINENCHIEF OPERATIONS OFFICER (10/23-12/23)

CHRISTOPHER P LANDRIGAN MD MPHTRUSTEE

WILLIAM J BARBARESI MDTRUSTEE

SHARON J LEVY MD MPHTRUSTEE

AMY D DIVASTA MD MMSCTRUSTEE

JOEL N HIRSCHHORN MD PHDTRUSTEE

ANNE M STACK MDTRUSTEE

WANDA PHIPATANAKUL MD MSTRUSTEE

JOANNE E COX MDTRUSTEE

CHRISTOPHER A WALSH MD PHDTRUSTEE

PHYSICIANS ORG AT CH INCINSTITUTIONAL TRUSTEE

STEPHEN C HARRISON PHDTRUSTEE

FREDERICK H LOVEJOY JR MDTRUSTEE

About this charity

Recognized since: January 2004
Location: 300 LONGWOOD AVE, BOSTON, MA 02115-5724
County: Suffolk
In care of: % GARY R FLEISHER
Primary officer: Wendy K Chung MD PhD, President

How to reach them

Phone(617) 919-2800 Officer phone(617) 919-2822

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: BAKER NEWMAN & NOYES LLC
NTEE classification: Group Health Practices (E31)
IRS tax category: Group Health Practices
Grant-giving organization: Yes