Nonprofit · EIN 45-3481327
MIAMI CHILDRENS HEALTH SYSTEM INC
Tax-exempt · MIAMI, FL 33155
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $362,021,340 | $449,334,294 | -$87,312,954 | $1,274,544,107 | $225,540,910 | $1,049,003,197 |
| December 31, 2023 | 990 | $324,059,026 | $410,738,878 | -$86,679,852 | $1,133,191,352 | $176,230,264 | $956,961,088 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $39,522,624
- Program service revenue
- $321,804,178
- Investment income
- $735,617
- Net rental income
- -$69,400
- Net gain from sales of assets
- $546,393
- Net income from fundraising events
- -$541,906
- Other revenue
- -$41,079
Expenses
- Grants and similar amounts paid
- $15,445,189
- Compensation of officers, directors and key employees
- $5,478,471
- Other salaries and wages
- $233,028,245
- Salaries, compensation and benefits (total)
- $282,074,862
- Professional fundraising fees
- $482,407
- Legal fees
- $1,810,883
- Accounting fees
- $360,343
- Occupancy
- $11,718,495
- Travel
- $1,396,706
- Depreciation
- $11,120,429
- Program services (functional)
- $359,616,475
- Management and general (functional)
- $89,235,413
- Fundraising (functional)
- $482,407
Balance sheet and other
- Total assets, start of year
- $1,133,191,352
- Total assets, end of year
- $1,274,544,107
- Total liabilities, end of year
- $225,540,910
- Net assets, end of year
- $1,049,003,197
- Land, buildings and equipment
- $52,108,072
- Publicly traded securities
- $35,881,650
- Net assets without donor restrictions
- $826,740,932
- Net assets with donor restrictions
- $222,262,265
- Gross receipts
- $369,157,492
- Employees
- 1,576
- Volunteers
- 269
- Year formed
- 2011
- State of legal domicile
- FL
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 |
|---|---|---|---|---|---|
| MATTHEW LOVE | President & CEO Trustee or director, Officer | 20 | $2,255,590 | $0 | $315,360 |
| REDMOND P BURKE | Interim Chief Cardiovascular Surgeon Highest-paid employee | 40 | $2,069,460 | $0 | $29,158 |
| JOSEPH M FORBESS | Chief Cardiovascular Surgeon Highest-paid employee | 40 | $1,681,286 | $0 | $12,384 |
| TOBA N NIAZI | Chief Neurosurgery Highest-paid employee | 40 | $1,402,195 | $0 | $20,646 |
| SHELLY WANG | Med Dir Surg Neuromodulation Highest-paid employee | 40 | $1,322,181 | $0 | $35,312 |
| STEPHEN GEORGE | Medical Director Spine Surgery Highest-paid employee | 40 | $1,275,169 | $0 | $35,397 |
| CHAD A PERLYN MD | SVP & President NCPS (thru 5/19/24) / Physician Key employee | 40 | $1,099,508 | $0 | $116,288 |
| PERRY ANN REED | SVP/COO NCHS & President NCH Officer | 0.1 | $0 | $852,838 | $130,657 |
| DAWN E JAVERSACK | SVP/CFO Health System Officer | 20 | $911,422 | $0 | $30,343 |
| MARCOS A MESTRE MD | SVP & CCO (beg. 6/24) / NCH VP (thru 6/24), CMO (thru 8/24) / NCPS President (6/24 - 12/24) Key employee | 40 | $0 | $681,854 | $117,355 |
| JODI LAURENCE ESQ | SVP and General Counsel Officer | 20 | $646,818 | $0 | $103,141 |
| AMY CHARLEY ESQ | SECRETARY / DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| JARET DAVIS ESQ | Vice Chairman / Director Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| JOSEPH NADER | CHAIRMAN / DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| PHILLIP T GEORGE MD | Vice Chairman / Director Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX KRYS | Director Trustee or director | 0.1 | $0 |
| ALEX SOTO | Director Trustee or director | 0.1 | $0 |
| BARBARA NICKLAUS | Emeritus Director Trustee or director | 0.1 | $0 |
| CARLOS PEREZ-ABREU | Director Trustee or director | 0.1 | $0 |
| JAY MASSIRMAN | Director Trustee or director | 0.1 | $0 |
| JOHN M LIE-NIELSEN | DIRECTOR Trustee or director | 0.1 | $0 |
| JORGE GONZALEZ | Director Trustee or director | 0.1 | $0 |
| Juan Carlos Mas | EMERITUS DIRECTOR Trustee or director | 0.1 | $0 |
| MARIO MURGADO | Director Trustee or director | 0.1 | $0 |
| MICHAEL FUX | Emeritus Director Trustee or director | 0.1 | $0 |
| MIGUEL SOSA | Director Trustee or director | 0.1 | $0 |
| NAN O'LEARY | Director Trustee or director | 0.1 | $0 |
| NICOLE SAYFIE-PORCELLI | Director Trustee or director | 0.1 | $0 |
| PETER LOPEZ | Director Trustee or director | 0.1 | $0 |
990 for the year ended December 31, 2023: 28 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| REDMOND P BURKE | Cardiovascular Surgeon Highest-paid employee | 40 | $2,319,401 | $0 | $24,640 |
| MATTHEW LOVE | President & CEO Trustee or director, Officer | 20 | $1,483,351 | $0 | $247,368 |
| TOBA N NIAZI | Chief Neurosurgery Highest-paid employee | 40 | $1,484,526 | $0 | $11,017 |
| JOSEPH M FORBESS | Chief Cardiovascular Surgeon Highest-paid employee | 40 | $1,328,100 | $0 | $10,223 |
| STEPHEN GEORGE | Orthopedic Attending Physician Highest-paid employee | 40 | $1,266,216 | $0 | $25,194 |
| CHAD A PERLYN MD | SVP / President NCPS Key employee | 40 | $1,040,270 | $0 | $171,817 |
| SHELLY WANG | Attending Physician Highest-paid employee | 40 | $1,160,923 | $0 | $25,418 |
| DAWN E JAVERSACK | SVP / CFO Health System Officer | 20 | $861,089 | $0 | $115,190 |
| PERRY ANN REED | SVP / COO NCHS & President NCH Officer | 0.1 | $0 | $773,619 | $122,072 |
| JODI LAURENCE ESQ | SVP & General Counsel Officer | 20 | $551,791 | $0 | $92,549 |
| AMY CHARLEY ESQ | SECRETARY / DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| JOSEPH NADER | CHAIRMAN / DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| PHILLIP T GEORGE MD | Vice Chairman / Director Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| ALEX KRYS | Director Trustee or director | 0.1 | $0 | $0 | $0 |
| ALEX SOTO | Director Trustee or director | 0.1 | $0 | $0 | $0 |
| BARBARA NICKLAUS | Emeritus Director Trustee or director | 0.1 | $0 | $0 | $0 |
| CARLOS PEREZ-ABREU | Director Trustee or director | 0.1 | $0 | $0 | $0 |
| JARET DAVIS ESQ | Director Trustee or director | 0.1 | $0 | $0 | $0 |
| JAY MASSIRMAN | Director Trustee or director | 0.1 | $0 | $0 | $0 |
| JOHN M LIE-NIELSEN | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| JORGE GONZALEZ | Director Trustee or director | 0.1 | $0 | $0 | $0 |
| Juan Carlos Mas | EMERITUS DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| MARIO MURGADO | Director Trustee or director | 0.1 | $0 | $0 | $0 |
| MICHAEL FUX | Emeritus Director Trustee or director | 0.1 | $0 | $0 | $0 |
| MIGUEL SOSA | Director Trustee or director | 0.1 | $0 | $0 | $0 |
| NAN O'LEARY | Director Trustee or director | 0.1 | $0 | $0 | $0 |
| NICOLE SAYFIE-PORCELLI | Director Trustee or director | 0.1 | $0 | $0 | $0 |
| PETER LOPEZ | Director Trustee or director | 0.1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3100 SW 62ND AVE, MIAMI, FL 33155-3009
- In care of
- % OFFICE OF CHIEF FINANCIAL OFFICER
- Principal officer (990 for 2024)
- Matthew A Love, 3100 SW 62nd Avenue, Miami, FL 33155
- Signed the 990
- Dawn Javersack, SVP and CFO
- Phone
- (305) 666-6511
- Website
- nicklaushealth.org
- Return prepared by
- CROWE LLP
Mission
Nicklaus Children's Health System is the region's only healthcare system exclusively for children. Our mission is to inspire hope and promote lifelong health by providing the best care to every child. TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF NICKLAUS CHILDREN'S HOSPITAL AND ITS AFFILIATED ENTITIES, AND TO INVEST IN, RECEIVE, HOLD, USE, AND DISPOSE OF ALL PROPERTY, REAL OR PERSONAL, AS MAY BE NECESSARY OR DESIRABLE TO CARRY INTO EFFECT THE AFOREMENTIONED PURPOSES.
Program accomplishments
- A NONPROFIT CORPORATION CREATED IN 2011, formed as a holding company for Variety Children's Hospital d/b/a Nicklaus Children's Hospital and Subsidiaries (the Hospital). Additionally, the System facilitates partnerships with private physicians and explores other revenue opportunities. The System includes a regional pediatric network anchored by the Hospital, located in Miami-Dade County, Florida. The Hospital is complemented by a network of ambulatory centers and pediatric care clinics located throughout South Florida, primarily in Miami-Dade, Broward, and Palm Beach counties. VARIETY CHILDREN'S HOSPITAL D/B/A NICKLAUS CHILDREN'S HOSPITAL PROVIDES SPECIALIZED PEDIATRIC HEALTHCARE TO CHILDREN. Nicklaus Children's Pediatric Specialists, LLC (NCPS) is a single-member Limited Liability Company formed to support the physician practices deemed necessary by the Hospital. NCPS is a subsidiary of the System. Nicklaus Children's Hospital Foundation, LLC (Foundation) is a single-member Limited Liability Company formed to raise funds and support the Hospital and other related organizations. The Foundation is a subsidiary of the System.Expenses $359,616,475 · grants $15,445,189 · revenue $322,374,405
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
- 45-3481327
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type II
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E32)
- Assets (IRS master file)
- $1,274,544,107
- Income (IRS master file)
- $369,157,492
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $362,021,340 | $449,334,294 | $1,274,544,107 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $324,059,026 | $410,738,878 | $1,133,191,352 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $294,404,944 | $336,188,441 | $999,802,390 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 45-3481327).
Questions about MIAMI CHILDRENS HEALTH SYSTEM INC
- What is the EIN of MIAMI CHILDRENS HEALTH SYSTEM INC?
- The employer identification number (EIN) of MIAMI CHILDRENS HEALTH SYSTEM INC is 45-3481327.
- Is MIAMI CHILDRENS HEALTH SYSTEM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to MIAMI CHILDRENS HEALTH SYSTEM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does MIAMI CHILDRENS HEALTH SYSTEM INC 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 MIAMI CHILDRENS HEALTH SYSTEM INC 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 MIAMI CHILDRENS HEALTH SYSTEM INC 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 MIAMI CHILDRENS HEALTH SYSTEM INC?
- The 990 for the year ended December 31, 2024 names Matthew A Love.
- Who are the officers and directors of MIAMI CHILDRENS HEALTH SYSTEM INC?
- The 990 for the year ended December 31, 2024 lists 29 people; 9 received compensation from the organization, the highest $2,255,590 (MATTHEW LOVE, President & CEO).
- How much revenue does MIAMI CHILDRENS HEALTH SYSTEM INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $362,021,340, expenses of $449,334,294 and total assets of $1,274,544,107 at year end.
Other nonprofits in MIAMI
- BAPTIST HOSPITAL OF MIAMI INC EIN 59-0910342 · last filed 990 for 2025
- VARIETY CHILDRENS HOSPITAL EIN 59-0638499 · last filed 990 for 2024
- WEST KENDALL BAPTIST HOSPITAL INC EIN 52-2438452 · last filed 990 for 2025
- JESSIE TRICE COMMUNITY HEALTH SYSTEM INC EIN 59-1235617 · last filed 990 for 2025
- CLINICAL HEALTH NETWORK FOR TRANSFORMATION INC EIN 84-2471177 · last filed 990 for 2025
- ST ANNES NURSING CENTER ST ANNES RESIDENCE INC EIN 59-2522488 · last filed 990 for 2025
- JACKSON HEALTH FOUNDATION INC EIN 65-0077727 · last filed 990 for 2025
- EASTER SEALS SOUTH FLORIDA INC EIN 59-0722783 · last filed 990 for 2025