Nonprofit · EIN 41-1754276
CHILDRENS HEALTH CARE
Tax-exempt · MINNEAPOLIS, MN 55404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,206,394,087 | $1,145,365,669 | $61,028,418 | $1,890,955,620 | $480,106,016 | $1,410,849,604 |
| December 31, 2023 | 990 | $1,138,461,020 | $1,124,141,546 | $14,319,474 | $1,849,417,742 | $533,668,660 | $1,315,749,082 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $35,110,663
- of which government grants
- $18,472,040
- Program service revenue
- $1,098,084,806
- Investment income
- $72,572,936
- Net rental income
- $88,864
- Net gain from sales of assets
- $36,538,029
- Other revenue
- $625,682
Expenses
- Grants and similar amounts paid
- $14,569,261
- Other salaries and wages
- $527,249,096
- Salaries, compensation and benefits (total)
- $673,958,595
- Professional fundraising fees
- $0
- Legal fees
- $687,910
- Accounting fees
- $833,206
- Occupancy
- $16,892,106
- Travel
- $1,583,628
- Depreciation
- $35,511,593
- Program services (functional)
- $1,000,237,932
- Management and general (functional)
- $145,127,737
Balance sheet and other
- Total assets, start of year
- $1,849,417,742
- Total assets, end of year
- $1,890,955,620
- Total liabilities, end of year
- $480,106,016
- Net assets, end of year
- $1,410,849,604
- Land, buildings and equipment
- $292,853,327
- Publicly traded securities
- $589,119,061
- Net assets without donor restrictions
- $1,316,830,058
- Net assets with donor restrictions
- $94,019,546
- Gross unrelated business income
- $3,566,555
- Gross receipts
- $2,237,783,315
- Employees
- 6,926
- Volunteers
- 345
- Year formed
- 1995
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARC GORELICK MD | PRESIDENT AND CEO Trustee or director, Officer | 47 | $3,659,536 | $0 | $496,534 |
| MEYSAM KEBRIAEI MD | SURGICAL DIR, PEDS NEUROSURGEON Highest-paid employee | 50 | $1,132,772 | $0 | $49,669 |
| KYLE HALVORSON MD | STAFF PHYSICIAN Highest-paid employee | 50 | $1,080,476 | $0 | $49,487 |
| EMILY CHAPMAN MD | SVP MEDICAL AFFAIRS & CMO Officer | 50 | $974,679 | $0 | $32,404 |
| BRENDA MCCORMICK | SVP & CFO Trustee or director, Officer | 47 | $945,454 | $0 | $50,152 |
| ANDREA LAMPLAND MD | MEDICAL DIRECTOR NEONATOLOGY Highest-paid employee | 50 | $815,089 | $0 | $51,402 |
| AMY BRUZEK MD | STAFF PHYSICIAN Highest-paid employee | 50 | $814,995 | $0 | $37,986 |
| WILLIAM MIZE MD | M.D. RADIOLOGY, BOARD MEMBER Trustee or director | 47 | $725,498 | $38,184 | $51,374 |
| BRIANNE ROBY MD | STAFF PHYSICIAN Highest-paid employee | 50 | $696,494 | $0 | $51,322 |
| ANDREW PUGH | BOARD SECRETARY & SVP CLO Trustee or director, Officer | 48 | $660,837 | $0 | $46,533 |
| JENNIFER OLSON MARKET | FORMER SVP & COO Former | 0 | $694,568 | $0 | $0 |
| JENNY SODERHOLM | FOUNDATION PRESIDENT Officer | 18 | $226,392 | $420,441 | $32,244 |
| CAROLINE NJAU | SVP PATIENT CARE SVCS & CNO Officer | 50 | $620,329 | $0 | $46,103 |
| DAVID LUNDAL | SVP CIO Officer | 50 | $576,366 | $0 | $46,503 |
| LAURIN CATHEY | SVP & CHRO Key employee | 50 | $546,860 | $0 | $39,604 |
26 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SUSAN SENCER MD | VP CHIEF OF SPECIALITY PEDS Key employee | 50 | $518,092 | $0 | $67,179 |
| PAMELA GIGI CHAWLA MD | VP CHIEF OF GENERAL PEDS Key employee | 40 | $411,049 | $102,762 | $46,848 |
| TIMOTHY LANDER MD | CLINICAL VP, CHIEF OF SURGERY Key employee | 47 | $500,477 | $26,341 | $32,505 |
| ANUPAM KHARBANDA MD | CLINICAL VP, CHIEF OF CRITICAL CARE Key employee | 50 | $513,207 | $0 | $24,486 |
| MONICA SCHILLER | VP AMBULATORY SERVICES Key employee | 40 | $324,843 | $81,211 | $38,724 |
| JAMES BURROUGHS | SVP GOVT & COMM RELATIONS/CEIO Officer | 50 | $395,885 | $0 | $27,413 |
| SUSAN SLOCUM | CHIEF INVESTMENT OFFICER Key employee | 50 | $312,010 | $0 | $27,991 |
| JAMES LESTE | VP OPERATIONS, THRU JULY 2024 Key employee | 50 | $282,454 | $0 | $31,131 |
| ANDREW BERNDT | VP CLINICAL SERVICES Key employee | 50 | $235,301 | $0 | $42,875 |
| BRENDA BECKWITH | VP CLINICAL SERVICES Key employee | 37 | $173,329 | $57,776 | $45,360 |
| LINDA HALL | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JEAN KANE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JJ KUHN | BOARD MEMBER, CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JIM LESLIE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ARCHELLE GEORGIOU | BOARD MEMBER, VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHRIS HEDBERG | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DAMU MCCOY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BROOKE MOORE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GARFIELD BOWEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JEFF VON GILLERN | BOARD MEMBER, TREASURER Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS GOODMANSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ANNA RICHO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SHELLEY CARTHEN WATSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MATT VAN SLOOTEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| REBECCA LIEBERMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| J KEVIN CROSTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 44 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARC GORELICK MD | PRESIDENT & CEO Trustee or director, Officer | 47 | $1,732,513 | $0 | $356,578 |
| JENNIFER OLSON MARKET | SVP & COO (THRU 9/23) Officer | 48 | $1,174,878 | $0 | $860,360 |
| MEYSAM KEBRIAEI MD | STAFF PHYSICIAN Highest-paid employee | 50 | $1,197,285 | $0 | $47,349 |
| KYLE HALVORSON MD | STAFF PHYSICIAN Highest-paid employee | 50 | $1,136,116 | $0 | $15,420 |
| BRENDA MCCORMICK | SVP AND CFO Trustee or director, Officer | 47 | $916,032 | $0 | $44,336 |
| EMILY CHAPMAN MD | SVP MEDICAL AFFAIRS & CMO Officer | 50 | $863,236 | $0 | $30,941 |
| WILLIAM MIZE | MD RADIOLOGY, BOARD MEMBER Trustee or director | 47 | $763,064 | $40,161 | $31,184 |
| ANDREA LAMPLAND MD | MEDICAL DIRECTOR NEONATOLO Highest-paid employee | 50 | $756,132 | $0 | $49,181 |
| SACHIN PATEL | STAFF PHYSICIAN Highest-paid employee | 50 | $751,404 | $0 | $47,483 |
| SHILPA HEDGE | STAFF PHYSICIAN Highest-paid employee | 50 | $698,106 | $0 | $23,733 |
| JENNY SODERHOLM | FOUNDATION PRESIDENT Officer | 18 | $231,689 | $430,279 | $31,213 |
| ANDREW PUGH | SVP CHIEF LEGAL OFFICER Trustee or director, Officer | 48 | $605,205 | $0 | $44,256 |
| DAVID LUNDAL | SVP CIO Officer | 50 | $596,875 | $0 | $44,239 |
| LAURIN CATHEY | SVP & CHRO Key employee | 50 | $566,203 | $0 | $37,762 |
| CAROLINE NJAU | SVP PATIENT CARE SVCS & CN Officer | 50 | $561,145 | $0 | $31,638 |
| SUSAN SENCER | VP CHIEF SPECIALTY PEDIATR Key employee | 50 | $517,670 | $0 | $64,188 |
| TIMOTHY LANDER | CLINICAL VP, CHIEF OF SURGERY Key employee | 47 | $514,786 | $27,094 | $31,184 |
| PAMELA GIGI CHAWLA MD | VP CHIEF OF GENERAL PEDIAT Key employee | 40 | $409,679 | $102,420 | $45,281 |
| ANUPAM KHARBANDA MD | CLINICAL VP, CHIEF OF CRITICAL CARE Key employee | 50 | $502,601 | $0 | $23,567 |
| A KADE GOEPFERD | CHIEF OF ED & FORMER BOARD MEMBER (THRU 3/23) Trustee or director | 50 | $476,194 | $0 | $17,613 |
| JAMES LESTE | VP OPERATIONS Key employee | 50 | $432,747 | $0 | $48,300 |
| MONICA SCHILLER | VP AMBULATORY SERVICES Key employee | 40 | $305,256 | $76,314 | $39,040 |
| JAMES BURROUGHS | SVP GOVT & COMM RELATIONS/CEIO Officer | 50 | $393,037 | $0 | $27,183 |
| SUSAN SLOCUM | CHIEF INVESTMENT OFFICER Key employee | 50 | $310,041 | $0 | $22,520 |
| ANDREW BERNDT | VP CLINICAL SERVICES Key employee | 50 | $236,932 | $0 | $39,964 |
| KRISTIN PETERSON | FORMER VP ACUTE CARE/CLINICAL OPS Former | 50 | $133,817 | $0 | $21,941 |
| ANNA RICHO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ARCHELLE GEORGIOU | BOARD MEMBER, CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BROOKE MOORE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CAROLYN SMALLWOOD | BOARD MEMBER (THRU 3/23) Trustee or director | 1 | $0 | $0 | $0 |
| CHRIS HEDBERG | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DAMU MCCOY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DENEEN VOJTA | BOARD MEMBER (THRU (3/23) Trustee or director | 1 | $0 | $0 | $0 |
| GARFIELD BOWEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GARY BLACKFORD | BOARD MEMBER, VICE CHAIR (THRU 3/23) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JEAN KANE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JEFF VON GILLERN | BOARD MEMBER/TREASURER Trustee or director | 1 | $0 | $0 | $0 |
| JILL SCHURTZ | BOARD MEMBER (THRU (3/23) Trustee or director | 1 | $0 | $0 | $0 |
| JIM LESLIE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JJ KUHN | BOARD MEMBER, CHAIR ELECT Trustee or director | 1 | $0 | $0 | $0 |
| LINDA HALL | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MATT BILUNAS | BOARD MEMBER, TREASURER (THRU 8/23) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SHELLY CARTHEN WATSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS GOODMANSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2525 CHICAGO AVE, MINNEAPOLIS, MN 55404-4518
- In care of
- % BRENDA MCCORMICK SVP & CFO
- Principal officer (990 for 2024)
- BRENDA MCCORMICK, 2525 CHICAGO AVENUE SOUTH, MINNEAPOLIS, MN 554041844
- Signed the 990
- BRENDA MCCORMICK, SVP & CFO
- Phone
- (612) 813-6000
- Website
- WWW.CHILDRENSMN.ORG
- Return prepared by
- KPMG LLP
Mission
WE CHAMPION THE HEALTH NEEDS OF CHILDREN AND FAMILIES. WE ARE COMMITTED TO IMPROVING CHILDREN'S HEALTH BY PROVIDING THE HIGHEST-QUALITY, FAMILY CENTERED CARE, ADVANCED THROUGH RESEARCH AND EDUCATION.
Program accomplishments
- HOSPITAL PROGRAM SERVICES: FAMILIES LOOK TO CHILDREN'S HOSPITALS AND CLINICS OF MINNESOTA FOR THE FINEST IN PEDIATRIC CARE. WITH TWO PEDIATRIC HOSPITAL FACILITIES AND 462 STAFFED BEDS, WE CHAMPION THE SPECIAL HEALTH NEEDS OF CHILDREN AND THEIR FAMILIES AND ARE COMMITTED TO PROVIDING HIGH-QUALITY, FAMILY CENTERED PEDIATRIC SERVICES. THE LEAPFROG GROUP'S ANNUAL LIST OF TOP HOSPITALS NAMED CHILDREN'S HOSPITALS AND CLINICS OF MINNESOTA'S MINNEAPOLIS AND ST. PAUL HOSPITALS AS TWO OF THE TOP TEN PEDIATRIC HOSPITALS IN THE COUNTRY FOR QUALITY AND EFFICIENCY.SEE SCHEDULE O.Expenses $977,710,593 · grants $14,569,261 · revenue $1,084,390,146
- EDUCATION: MANY EFFORTS TO IMPROVE THE HEALTH AND WELL-BEING OF CHILDREN AND YOUTH REQUIRE LONG-TERM INVESTMENT IN THEIR FUTURE. CHILDREN'S PROVIDES EDUCATION AND TRAINING PROGRAMSFOR PROVIDERS, HEALTH CARE STUDENTS, AND OTHER HEALTH PROFESSIONALS IN THE FOLLOWING AREAS: 1) COMMUNITY MEDICAL EDUCATION FOR COMMUNITY PHYSICIANS: DURING THE 2024 CALENDAR YEAR, CHILDREN'S PROVIDED TRAINING TO 443 AFFILIATED RESIDENTS AND FELLOWS, AND HOSTED 161 MEDICAL STUDENT & 744 RESIDENT ROTATIONS AT CHILDREN'S MINNEAPOLIS, CHILDREN'S ST PAUL, OR BOTH LOCATIONS.SEE SCHEDULE O.Expenses $9,611,130 · revenue $1,857,012
- RESEARCH: CHILDREN'S HAS 348 OPEN RESEARCH STUDIES, OF WHICH 171 ARE ACTIVELY RECRUITING CLINICAL TRIALS. IN 2024 CHILDREN'S RECEIVED ABOUT $5.3 MILLION FROM INDUSTRY CONTRACTS AND FEDERAL STATEAND FOUNDATION SPONSORS. TYPES OF STUDIES AND TRIALS CONDUCTED AT CHILDREN'S ARE INVESTIGATOR-INITIATED STUDIES, EXTERNAL MULTI-CENTER TRIALS, OBSERVATIONAL STUDIES, REGISTRIES, AND SUPPORTIVE SERVICES SUCH AS CASE MANAGEMENT. CHILDREN'S HAD ONGOING RESEARCH IN EMERGENCY/TRAUMA, CYSTIC FIBROSIS, DIABETES AND ENDOCRINOLOGY, CARDIOVASCULAR AND CRITICAL CARE, PAIN AND PALLIATIVE CARE, INTEGRATIVE MEDICINE, GENETICS, CANCER AND BLOOD DISORDERS, AND NEONATOLOGY ENT AND REHAB.SEE SCHEDULE O.Expenses $12,916,209 · revenue $7,054,750
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1754276
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E240)
- Assets (IRS master file)
- $1,890,955,620
- Income (IRS master file)
- $2,237,783,315
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,206,394,087 | $1,145,365,669 | $1,890,955,620 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,138,461,020 | $1,124,141,546 | $1,849,417,742 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $1,057,316,128 | $1,019,682,232 | $1,731,037,973 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1754276).
Questions about CHILDRENS HEALTH CARE
- What is the EIN of CHILDRENS HEALTH CARE?
- The employer identification number (EIN) of CHILDRENS HEALTH CARE is 41-1754276.
- Is CHILDRENS HEALTH CARE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to CHILDRENS HEALTH CARE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHILDRENS HEALTH CARE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHILDRENS HEALTH CARE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHILDRENS HEALTH CARE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CHILDRENS HEALTH CARE?
- The 990 for the year ended December 31, 2024 names BRENDA MCCORMICK.
- Who are the officers and directors of CHILDRENS HEALTH CARE?
- The 990 for the year ended December 31, 2024 lists 41 people; 25 received compensation from the organization, the highest $3,659,536 (MARC GORELICK MD, PRESIDENT AND CEO).
- How much revenue does CHILDRENS HEALTH CARE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,206,394,087, expenses of $1,145,365,669 and total assets of $1,890,955,620 at year end.
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