Cause IQ organization profile

Children's Minnesota

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Children's Minnesota is a specialty hospital based in Minneapolis, MN that was founded in 1995. As of 2019 they had $954 million in revenue and $1.3 billion in assets.

At Children's Minnesota, their mission is they champion the health needs of children and families. They are committed to improving children's health by providing the highest-quality, family-centered care, advanced through research and education.

Previous legal names or variations of their name include: Children's Health Care; and Children's Hospitals And Clinics Of Minnesota.

EIN:
41-1754276
City:
State:
Website:
Phone:
612-813-6000
Facebook:
Twitter:
Founded:
1995
Type:
501(c)(3)
NTEE:
Revenue:
$954,151,481
Assets:
$1,352,722,146
Employees:
5,865
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Children's Minnesota

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 430 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.

Research: Children's has 465 open research studies, of which 187 are actively recruiting clinical trials. In 2018 Children's received about $23 million from industry contacts and federal state and 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.

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 programs for providers, Health Care students, and other Health professionals in the following areas: 1) community medical education for community physicians: during the 2018 calendar year, Children's provided training to 406 affiliated residents and fellows, and hosted 293 medical student & 380 resident rotations at Children's minneapolis, Children's st paul, or both locations. See schedule o.

Form 990s for Children's Minnesota

Fiscal year endingDate received by IRSFormPDF link
2018-12Jan 24, 2020990View PDF
2017-12Mar 15, 2019990View PDF
2016-12Dec 21, 2017990View PDF
2015-12Mar 2, 2017990View PDF
2014-12Feb 10, 2016990View PDF
...and five more Form 990 PDFs

Financials for Children's Minnesota

Field2018
Total grants, contributions, etc.$29,335,746
Program services$875,635,934
Investment income and dividends$32,808,007
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-50,462
Net gain from sale of non-inventory assets$13,772,954
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,649,302
Total revenues$954,151,481

Vendors for Children's Minnesota

VendorServicesAmount paidDate
KPMG LLPTax accounting; Audit accounting2020-01-24
██████Nutrition and Envi SVR$5,344,2312020-01-24
██████ ███████████It Services$9,211,9032020-01-24
██████████ █████ ██████Physician Services$11,784,8832020-01-24
██████████ ███████████ ████████ █Physician Services$4,745,4752020-01-24
██████ ███ ██████████Nutrition and Envi SVR$5,344,2312018-12-01
███████ ██████ █████████ ███Patient Billing$4,722,7652018-12-01
██ ████Trustee (bank, trust company or similar financial institution)$53,6002016-12-31
...and 17 more vendors

Personnel at Children's Minnesota

NameTitleCompensationMost recent data
Marc Gorelick, MDPresident, Chief Executive Officer$955,459Sept. 23, 2020
Stacey SwansonPresident and Chief Executive Officer-July 17, 2019
█████ ███████████Acting Chief Financial Officer-Sept. 18, 2019
██████ █████████Chief Financial Officer and Senior Vice President-Sept. 23, 2020
████ ██████Vice President Medical Affairs and Chief Marketing Officer$0Dec. 31, 2018
████ ██████Chief Information Officer and Vice President of Its-Sept. 23, 2020
████████ █████████Chief Development Officer and President of the Children's Minnesota Foundation-Sept. 23, 2020
████████ ██████Chief Human Resources Officer$422,231Oct. 10, 2017
█████ ████████ ██Chief Medical Officer, Senior Vice President of Medical Affairs$462,725Sept. 23, 2020
██████ ███████████ ███Chief Nursing Officer, Senior Vice President Patient Care Services$313,599Sept. 23, 2020
...and 39 more key personnel

Peer specialty hospitals

 NameTypeRevenueLocation
1Hennepin Healthcare (HCMC)501(c)(3)$1.0 billionMinneapolis, MN
2Children's Medical Center Corporation501(c)(3)$321 millionBoston, MA
3Valley Children's Hospital501(c)(3)$693 millionMadera, CA
4Good Samaritan Hospital of Cincinnati Ohio501(c)(3)$649 millionCincinnati, OH
5Loma Linda University Children's Hospital501(c)(3)$613 millionLoma Linda, CA
6Newark Beth Israel Medical Center501(c)(3)$644 millionNewark, NJ
7Cincinnati Children's Hospital Medical Center (CCHMC)501(c)(3)$2.4 billionCincinnati, OH
8Children's National Hospital501(c)(3)$1.1 billionWashington, DC
9The Nemours Foundation501(c)(3)$1.4 billionJacksonville, FL
10Ann and Robert H Lurie Children's Hospital of Chicago501(c)(3)$1.0 billionChicago, IL
11West Kendall Baptist Hospital501(c)(3)$314 millionMiami, FL
12Children's Hospital of the King's Daughters (CHKD)501(c)(3)$442 millionNorfolk, VA
13Boston Children's Hospital / Children's Hospital Corporation501(c)(3)$2.0 billionBoston, MA
14Gillette Children's Specialty Healthcare501(c)(3)$257 millionSaint Paul, MN
15Mayo Clinic-Methodist Hospital501(c)(3)$620 millionRochester, MN
16Mayo Clinic Hospital-Rochester501(c)(3)$2.0 billionRochester, MN
17UCSF Benioff Children's Hospital Oakland501(c)(3)$603 millionOakland, CA
18Baptist Hospital of Miami501(c)(3)$1.4 billionMiami, FL
19Rady Children's Hospital San Diego (RCHSD)501(c)(3)$1.2 billionSan Diego, CA
20Shriners Hospitals for Children501(c)(3)$951 millionTampa, FL
21Children's Hospital of Philadelphia (CHOP)501(c)(3)$2.4 billionPhiladelphia, PA
22City of Hope National Medical Center501(c)(3)$1.2 billionDuarte, CA
23Texas Children's Hospital (TCS)501(c)(3)$2.4 billionHouston, TX
24Children's Mercy Hospital501(c)(3)$1.6 billionKansas City, MO
25National Jewish Health501(c)(3)$278 millionDenver, CO