Children's Hospital of Chicago Medical Center

EIN: 363357004 501(c)(3) Health Care

CHICAGO, IL

Total Revenue
$72,532,493
Total Expenses
$77,299,860
Total Assets
$20,133,146
Net Assets
$337,090
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
IL
Phone
3122277133
Tax Period
2023-09-01 to 2024-08-31

Children's Hospital of Chicago Medical Center, founded in 1984, is a mid-sized nonprofit in the Health Care sector that reported $72.5M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

WE ARE DEDICATED TO THE HEALTH AND WELL-BEING OF ALL CHILDREN. AS THE PEDIATRIC TEACHING FACILITY FOR THE NORTHWESTERN UNIVERSITY FEINBERG SCHOOL OF MEDICINE, THIS COMMITMENT DRIVES US TO BE A LEADER IN: -PEDIATRIC HEALTH CARE DELIVERY -RESEARCH INTO THE PREVENTION, CAUSES AND TREATMENT OF DISEASES THAT AFFECT CHILDREN -EDUCATION FOR PHYSICIANS, NURSES AND ALLIED HEALTH PROFESSIONALS -ADVOCACY FOR CHILDREN AS A CHARITABLE ORGANIZATION, WE SERVE CHILDREN AND THEIR FAMILIES TO THE BEST OF OUR ABILITIES AND TO THE LIMITS OF OUR RESOURCES.

Program Service Accomplishments

Program 1
Expenses: $71,398,916 Revenue: $52,461,032

CHILDREN'S HOSPITAL OF CHICAGO MEDICAL CENTER (THE "MEDICAL CENTER"), AN ILLINOIS NOT-FOR-PROFIT CORPORATION, ENGAGES IN BUDGET APPROVAL, ASSET MANAGEMENT, RESOURCE ALLOCATION, INVESTMENT OVERSIGHT...

Read more

CHILDREN'S HOSPITAL OF CHICAGO MEDICAL CENTER (THE "MEDICAL CENTER"), AN ILLINOIS NOT-FOR-PROFIT CORPORATION, ENGAGES IN BUDGET APPROVAL, ASSET MANAGEMENT, RESOURCE ALLOCATION, INVESTMENT OVERSIGHT AND STRATEGIC PLANNING FOR AFFILIATES. AFFILIATES INCLUDE ORGANIZATIONS FOR WHICH THE MEDICAL CENTER IS A CONTROLLING MEMBER. IN FY24, THE MEDICAL CENTER HAD THE FOLLOWING AFFILIATES: ANN & ROBERT H. LURIE CHILDREN'S HOSPITAL OF CHICAGO (LURIE CHILDREN'S), ANN & ROBERT H. LURIE CHILDREN'S HOSPITAL OF CHICAGO FOUNDATION (LURIE CHILDREN'S FOUNDATION), STANLEY MANNE CHILDREN'S RESEARCH INSTITUTE (MANNE RESEARCH INSTITUTE), LURIE CHILDREN'S MEDICAL GROUP, LLC (LCMG), LURIE CHILDREN'S PRIMARY CARE, LLC (LCPC), PEDIATRIC FACULTY FOUNDATION, INC (PFF), LURIE CHILDREN'S HEALTH SERVICES, LLC (LCHS), ALMOST HOME KIDS (AHK), LURIE CHILDREN'S PEDIATRIC ANESTHESIA ASSOCIATES (LCPAA), LURIE CHILDREN'S SURGICAL FOUNDATION, INC. (LCSF) AND CMMC INSURANCE CO, LTD (CMMC). LURIE CHILDREN'S OPERATES THE ONLY FULL-SERVICE, INDEPENDENT, SELF-GOVERNING PEDIATRIC HOSPITAL IN ILLINOIS, WITH 364 LICENSED BEDS, AS WELL AS A FULL RANGE OF INPATIENT AND OUTPATIENT CARE AND RELATED ANCILLARY SERVICES. THIS NOT-FOR-PROFIT, TERTIARY CARE HOSPITAL, FOUNDED IN 1882, PROVIDES PATIENT CARE 24 HOURS-PER-DAY, 7 DAYS-PER-WEEK AND MORE PEDIATRIC HEALTHCARE THAN ANY OTHER HOSPITAL PROVIDER IN ILLINOIS IN NEARLY EVERY PEDIATRIC MEDICAL AND SURGICAL SPECIALTY. AS A MAJOR ACADEMIC TERTIARY CARE MEDICAL CENTER, LURIE CHILDREN'S SERVED PATIENTS FROM 50 STATES AND MORE THAN 40 COUNTRIES IN FISCAL YEAR 2024. LURIE CHILDREN'S IS A DESIGNATED LEVEL I PEDIATRIC TRAUMA CENTER FOR THE CITY OF CHICAGO, LEVEL IV NEONATAL INTENSIVE CARE FACILITY, BOTH OF WHICH ARE THE HIGHEST DESIGNATIONS IN ILLINOIS. IN 2024 U.S. NEWS & WORLD REPORT RANKINGS, LURIE CHILDREN'S RANKED IN THE TOP HOSPITALS ACROSS THE NATION AND RANKED IN 11 FEATURED SPECIALTIES, INCLUDING FOR NEUROLOGY & NEUROSURGERY (7TH), NEONATOLOGY (10TH), AND NEPHROLOGY (11TH). IN ADDITION, FOR MORE THAN 70 YEARS, LURIE CHILDREN'S HAS SERVED AS THE PEDIATRIC TRAINING SITE FOR NORTHWESTERN UNIVERSITY FEINBERG SCHOOL OF MEDICINE, TRAINING RESIDENTS, MEDICAL STUDENTS AND FELLOWS WHO WILL COMPRISE THE NEXT GENERATION OF HEALTH CARE PROVIDERS. LURIE CHILDREN'S FOUNDATION SEEKS TO OPTIMIZE PHILANTHROPY IN SUPPORT OF THE MISSION AND FUTURE OF THE CHILDREN'S HOSPITAL OF CHICAGO MEDICAL CENTER. THE MISSION OF MANNE RESEARCH INSTITUTE IS TO GENERATE NEW KNOWLEDGE AND TRANSLATE ADVANCEMENTS IN THE PREVENTION, DIAGNOSIS, AND TREATMENT OF DISEASES THAT AFFECT CHILDREN'S HEALTH THROUGH ADOLESCENCE AND ADULTHOOD. MANNE RESEARCH INSTITUTE'S MULTIDISCIPLINARY TEAMS ARE COMMITTED TO MAKING DISCOVERIES THAT WILL IMPROVE THE LIVES OF CHILDREN AND THEIR FAMILIES. LCMG IS AN ILLINOIS LIMITED LIABILITY COMPANY WHOSE SOLE MEMBER IS THE MEDICAL CENTER. BY VIRTUE OF THE MEDICAL CENTER'S TAX-EXEMPT STATUS, LCMG IS CONSIDERED TO BE AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE CODE. LCMG EMPLOYS PATHOLOGISTS, RADIOLOGISTS, PSYCHIATRISTS AND DENTISTS WHO PRACTICE AT LURIE CHILDREN'S. LCMG'S PATHOLOGISTS COMPRISE THE LURIE CHILDREN'S DEPARTMENT OF PATHOLOGY AND LABORATORY MEDICINE, WHICH PROVIDES COMPREHENSIVE SERVICES IN BOTH ANATOMIC AND CLINICAL PATHOLOGY, UTILIZING EXTENSIVE EXPERTISE AND STATE-OF-THE-ART TECHNOLOGY. CONSULTATIVE SERVICES ARE PROVIDED ACROSS THE COUNTRY IN COLLABORATION AND COORDINATION WITH LURIE CHILDREN'S MEDICAL, SURGICAL AND ANCILLARY DEPARTMENTS. THE CHILDREN SEEN BY THE CLINICIANS IN THE DEPARTMENT OF PATHOLOGY AND LABORATORY MEDICINE INCLUDE THOSE WITH A CROSS-SECTION OF DIAGNOSES AND THE DEPARTMENT ASSISTS IN THE DIAGNOSIS AND MANAGEMENT OF ACUTE AND CHRONIC DISEASES. RADIOLOGISTS EMPLOYED BY LCMG STAFF LURIE CHILDREN'S DEPARTMENT OF MEDICAL IMAGING, WHICH SERVES PEDIATRIC PATIENTS IN A MANNER AIMED TO HELP MINIMIZE RADIATION DOSE USED DURING EACH PROCEDURE. THE DEPARTMENT PERFORMS MORE THAN 115,000 PROCEDURES EACH YEAR, HELPING LURIE CHILDREN'S SPECIALISTS CARE FOR THEIR PATIENTS WITH THE BEST IMAGING PROCEDURES POSSIBLE. ALL OF THE RADIOLOGISTS ARE BOARD CERTIFIED WITH SUBSPECIALTY TRAINING IN PEDIATRIC RADIOLOGY, INTERVENTIONAL RADIOLOGY AND/OR NEURORADIOLOGY. CHILDREN COME FROM AROUND THE WORLD FOR OUR NATIONALLY RECOGNIZED CARDIAC IMAGING PROGRAM. LCMG'S PSYCHIATRISTS PRACTICE WITHIN LURIE CHILDREN'S PRITZKER DEPARTMENT OF PSYCHIATRY AND BEHAVIORAL HEALTH, WHICH OFFERS CHILDREN AND THEIR FAMILIES SPECIALIZED SERVICES IN PEDIATRIC MENTAL HEALTH. CLINICIANS IN THE DEPARTMENT PROVIDE STATE-OF-THE-ART PSYCHIATRIC AND PSYCHOLOGICAL SERVICES, EDUCATION, AND ADVOCACY. LCMG PSYCHIATRISTS PROVIDE NATIONAL LEADERSHIP IN THE EDUCATION OF MENTAL HEALTH CARE PROFESSIONALS AND ADVANCEMENT OF KNOWLEDGE THROUGH RESEARCH. LCMG PSYCHIATRISTS TREAT CHILDREN OF ALL AGES AND FROM EVERY SOCIOECONOMIC BACKGROUND FOR A WIDE VARIETY OF PROBLEMS, INCLUDING ADJUSTMENT DISORDERS, EMOTIONAL PROBLEMS RELATED TO PEDIATRIC DISORDERS, PSYCHOSES, MOOD DISORDERS, ANXIETY, DEVELOPMENTAL DELAYS, BEHAVIOR DISORDERS, ADHD, AUTISM SPECTRUM DISORDERS, AND LEARNING DISABILITIES. LCMG DENTISTS PROVIDE COMPREHENSIVE AND PREVENTIVE ORAL HEALTH CARE FOR INFANTS, CHILDREN, ADOLESCENTS, AND PATIENTS OF LURIE CHILDREN'S WITH SPECIAL HEALTHCARE NEEDS. LURIE CHILDREN'S DENTISTRY SERVICE PROVIDES A CHILD-CENTERED ENVIRONMENT AND A COMPREHENSIVE PROGRAM EMPHASIZING TOTAL HEALTH AND PREVENTION. LCMG DENTISTS PROVIDE CARE RELATED TO INFANT ORAL HEALTHCARE WITH PARENT EDUCATION; NURSING AND BABY BOTTLE CARIES; DENTAL CARIES; ORAL TRAUMA, ANXIOUS CHILD; COMPREHENSIVE ORAL HEALTHCARE FOR PATIENTS OF THE LURIE CHILDREN'S MEDICAL SPECIALTIES (INCLUDING HEMATOLOGY, ONCOLOGY, INFECTIOUS DISEASE, ALLERGY, CARDIOLOGY, NEUROLOGY AND SERVICES TO ADDRESS CLEFT LIP AND PALATE); AND SERVICES REQUIRING SEDATION AND GENERAL ANESTHESIA. LCPC PROVIDES PRIMARY CARE SERVICES IN CHICAGO AND ITS SURROUNDING AREAS WITH OVER 30 PRIMARY CARE PEDIATRICIANS AND FOUR PRIMARY CARE LOCATIONS. PFF EMPLOYS PEDIATRIC MEDICINE SPECIALISTS, SUBSPECIALISTS AND HOSPITALISTS. PFF PROVIDES SPECIALTY SERVICES TO PATIENTS OF LURIE CHILDREN'S IN THE AREAS OF ALLERGY, CARDIOLOGY, IMMUNOLOGY, NEONATOLOGY, NEUROLOGY, DERMATOLOGY, EMERGENCY MEDICINE, ENDOCRINOLOGY, GASTROENTEROLOGY, HEPATOLOGY, GENERAL ACADEMIC PEDIATRICS, GENETICS, HEMATOLOGY AND ONCOLOGY, STEM CELL TRANSPLANT HOSPITAL-BASED MEDICINE, PALLIATIVE CARE, INFECTIOUS DISEASES, RHEUMATOLOGY, NEPHROLOGY AND PULMONARY AND CRITICAL CARE MEDICINE. LCHS EXISTS FOR THE PROVISION AND COORDINATION OF MEDICAL CARE OF MEDICALLY COMPLEX CHILDREN, CONTRACTING WITH MANAGED CARE ORGANIZATIONS AND COMMERCIAL HEALTH PLANS TO PROVIDE CARE COORDINATION SERVICES TO CHILDREN WITHIN THEIR PLANS THAT HAVE COMPLEX MEDICAL NEEDS. LCHS ALSO PROVIDES PEDIATRIC PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY SERVICES TO PATIENTS LOCATED IN THE WESTERN SUBURBS OF CHICAGO. AHK PROVIDES A BRIDGE FROM HOSPITAL TO HOME THROUGH AN INNOVATIVE COMMUNITY-BASED CARE SYSTEM FOR CHILDREN WITH MEDICAL COMPLEXITIES. AHK RESPONDS TO THE NEEDS OF FAMILIES, TRAIN CAREGIVERS, OFFER RESPITE CARE, ADVOCATE FOR ACCESSIBILITY AND INCLUSION AND EDUCATE HEALTHCARE PROFESSIONALS. LCPAA EMPLOYES PEDIATRIC ANESTHESIOLOGISTS WHO PROVIDE SERVICES TO PATIENTS OF LURIE CHILDREN'S, AS WELL AS SPECIALIZED PROGRAMS, INCLUDING POST-OPERATIVE PAIN RELIEF, CHRONIC PAIN SERVICES, AND PATIENT-CONTROLLED ANALGESIA. LCSF EMPLOYS PEDIATRIC SURGICAL SPECIALISTS AND SUBSPECIALISTS WHO PROVIDE SURGICAL SERVICES TO PATIENTS OF LURIE CHILDREN'S IN THE AREAS OF CARDIAC SURGERY, FETAL SURGERY, NEUROSURGERY, OPHTHALMOLOGY, ORTHOPAEDICS, OTOLARYNGOLOGY, PEDIATRIC SURGERY, PLASTIC SURGERY, TRANSPLANT SURGERY, AND UROLOGY. CMMC PROVIDES A SELF-INSURANCE PROGRAM FOR THE MEDICAL CENTER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $20,071,461
Program Service Revenue $52,461,032
Investment Income $0
Other Revenue $0
TOTAL REVENUE $72,532,493

Expense Breakdown

Grants Paid $0
Salaries & Benefits $57,711,802
Fundraising Expenses $0
Program Expenses $71,398,916
Other Expenses $19,588,058
TOTAL EXPENSES $77,299,860

Year-over-Year Comparison

2023 2022 Change
Revenue $72,532,493 $61,916,858 +0.2%
Expenses $77,299,860 $102,788,946 -0.2%
Net Income $-4,767,367 $-40,872,088 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
57
Independent Members
55
Employees
335
Volunteers
55

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$4,153,521
Total Directors
59
$3,434,632
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thomas P Shanley MD Ex-Officio Director/President & CEO LCH 1.0
Officer Director
$0 $631,672 $2,532,881
Alfreda Bradley-Coar Director 1.0
Director
$0 $0 $0
Andrew N Reyes Director 1.0
Director
$0 $0 $0
Barbara Sullivan Director 1.0
Director
$0 $0 $0
Betsy B Rosenfield Director 1.0
Director
$0 $0 $0
Brendan F Carroll Director 1.0
Director
$0 $0 $0
Brian D Price Director 1.0
Director
$0 $0 $0
Bruce R Hague Director 1.0
Director
$0 $0 $0
Bruce S Saltzberg Director 1.0
Director
$0 $0 $0
Carl S Allegretti Director 1.0
Director
$0 $0 $0
Christopher S Segal Director 1.0
Director
$0 $0 $0
Craig C Martin Director 1.0
Director
$0 $0 $0
Daniel J Murphy Director 1.0
Director
$0 $0 $0
David A Garfield Director 1.0
Director
$0 $0 $0
David A Helfand Director 1.0
Director
$0 $0 $0
Deidra Merriwether Director 1.0
Director
$0 $0 $0
Dennis J Drescher Director 1.0
Director
$0 $0 $0
Donald J Edwards Director 1.0
Director
$0 $0 $0
Earl Cheng MD Director 1.0
Director
$0 $82,034 $901,751
Edward J Wehmer Director 1.0
Director
$0 $0 $0
Elizabeth A Engelmann Director 1.0
Director
$0 $0 $0
Eric S Smith Director 1.0
Director
$0 $0 $0
Frank R Jimenez Director Begin 8/22/24 1.0
Director
$0 $0 $0
H Thomas Watkins III Director & Vice Chair 1.0
Director
$0 $0 $0
Honey Jacobs Skinner Director 1.0
Director
$0 $0 $0
James F Derose Director 1.0
Director
$0 $0 $0
Janet L Malzone Director 1.0
Director
$0 $0 $0
John H Simpson Director 1.0
Director
$0 $0 $0
John J Greisch Director 1.0
Director
$0 $0 $0
John W Rutledge Director 1.0
Director
$0 $0 $0
Jonathan R Levin Director 1.0
Director
$0 $0 $0
Karen Sauder Director & Vice Chair 1.0
Director
$0 $0 $0
Karuna Rawal Director 1.0
Director
$0 $0 $0
Katherine A Lindberg Director Begin 3/21/24 1.0
Director
$0 $0 $0
Keating Crown Director 1.0
Director
$0 $0 $0
Kevin W Burke Director 1.0
Director
$0 $0 $0
Kristin Finney-Cooke Director 1.0
Director
$0 $0 $0
Margaret B Stineman Ex-Officio Director Begin 7/1/24 1.0
Director
$0 $0 $0
Mark A Hoppe Director 1.0
Director
$0 $0 $0
Martin Kaplan Director Through 12/14/23 1.0
Director
$0 $0 $0
Maureen Seaman Ex-Officio Director Through 7/1/24 1.0
Director
$0 $0 $0
Michael M Larsen Director 1.0
Director
$0 $0 $0
Michael P Goldman Director 1.0
Director
$0 $0 $0
Michael S Hollander Director 1.0
Director
$0 $0 $0
Mohan P Rao PhD Director 1.0
Director
$0 $0 $0
Peter J Bulgarelli Director 1.0
Director
$0 $0 $0
Robert L Verigan Director 1.0
Director
$0 $0 $0
Robert S Murley Director 1.0
Director
$0 $0 $0
Roxanne Martino Director & Chair 1.0
Director
$0 $0 $0
Stephen A Smith Director 1.0
Director
$0 $0 $0
Susan L Lees Director 1.0
Director
$0 $0 $0
Suzet McKinney Director 1.0
Director
$0 $0 $0
Thomas E O'Neill Director 1.0
Director
$0 $0 $0
Thomas S Souleles Director 1.0
Director
$0 $0 $0
Veronica Gomez Director 1.0
Director
$0 $0 $0
W Brennan Smith Director 1.0
Director
$0 $0 $0
William J Mckenna Director 1.0
Director
$0 $0 $0
Yiannis Katsogridakis MD Ex-Officio Director 1.0
Director
$0 $0 $0
Zaldwaynaka Scott Director 1.0
Director
$0 $0 $0
Alex P Miller SVP, Chief Financial Officer 1.0
Officer
$0 $43,308 $744,798
Fatema Zanzi EVP, Chief Admin & Legal Officer, Corp Sec (begin 01/09/24) 1.0
Officer
$0 $149,202 $875,842
Ali Shaibani MD Physician 40.0
Highest
$672,248 $51,686 $723,934
Cynthia K Rigsby MD Physician 40.0
Highest
$838,145 $198,240 $1,036,385
Elizabeth J Perlman MD Physician Through 4/15/24 40.0
Highest
$864,714 $50,770 $915,484
John T Walkup MD Physician 40.0
Highest
$862,333 $156,957 $1,019,290
Safwan S Halabi MD Physician 40.0
Highest
$557,174 $63,912 $621,086
Brenda Davis Former Interim Chief Financial Officer Through 2/6/23 0.0
$0 $32,383 $402,417
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $72,532,493 $77,299,860 $20,133,146 $-4,767,367
2023 $61,916,858 $102,788,946 $31,736,955 $-40,872,088
2022 $101,529,435 $61,569,216 $62,705,026 $39,960,219
2021 $57,761,963 $56,014,742 $24,114,054 $1,747,221
2020 $50,855,093 $55,592,883 $11,134,709 $-4,737,790
2019 $51,717,487 $51,260,013 $14,026,467 $457,474
2018 $49,359,657 $47,847,383 $14,479,048 $1,512,274
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Children's Hospital of Chicago Medical Center with other nonprofits in Illinois and across the country.