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Childrens Hospital Medical Practice Corp

New Orleans, LA · EIN 72-1318421 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Childrens Hospital Medical Practice Corp reported $14.0 million in revenue and $24.2 million in expenses for calendar year 2024. Of every $100 it spent, $95.56 went to program services, $4.44 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 100.0% of the total. The highest compensation it reported for one person was $2,529,529 (FORMER OFFICER). Revenue fell 3% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $24M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $14M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
95.6%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
4.4%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
100.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,529,529$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
10.44%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-42.66.6
Independent voting board members
Part VI 1a–1b
0 of 688.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$23M expenses · 100.0% of program spending · revenue $14M

Corporate purposechildren's Hospital Medical Practice corporation (chmpc), a non-profit subsidiary corporation of children's hospital, was started to provide medically under-served geographic areas with convenient access to quality, cost-effective pediatric primary care.the purpose of this corporation, consistent with the objectives for which our tax exemption was filed, includes the following:1. To acquire medical practices and develop new start-up practices to improve access to children's health services (continued on schedule o) for all levels of economic status.2. To employ quality…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
FORMER OFFICER
Former, 0.00 hrs/week
$0$2,074,968$454,561$2,529,529
BOARD PRESIDENT
Director/trustee, officer, 0.50 hrs/week
$0$1,231,231$162,766$1,393,997
TRUSTEE
Director/trustee, 0.50 hrs/week
$0$1,198,392$109,551$1,307,943
TRUSTEE
Director/trustee, 0.50 hrs/week
$0$371,361$31,551$402,912
BOARD TREASURER
Director/trustee, officer, 0.50 hrs/week
$0$352,051$24,510$376,561
BOARD SECRETARY
Director/trustee, officer, 0.50 hrs/week
$0$332,820$18,148$350,968
TRUSTEE
Director/trustee, 55.00 hrs/week
$0$184,058$22,733$206,791

0 people received more than $100,000 in reportable compensation from Childrens Hospital Medical Practice Corp (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$14M$24M95.6%−$86M$2,529,529
2023 ⓘ$14M$25M98.7%−$76M$1,967,808
2022 ⓘ$15M$24M98.1%−$65M$1,963,456
2021 ⓘ$14M$22M96.4%−$56M$1,694,975
2020 ⓘ$13M$21M95.5%−$48M$1,876,171
2019 ⓘ$15M$25M95.9%−$40M$1,810,258

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b6 · 0 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5191

Correct a figure or respond

Every number above is copied from Childrens Hospital Medical Practice Corp's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Childrens Hospital Medical Practice Corp, you can publish a response that is linked from this page.

Questions people ask

How much of Childrens Hospital Medical Practice Corp's spending goes to programs?

In calendar year 2024, Childrens Hospital Medical Practice Corp reported that 95.6% of its $24.2 million in expenses went to program services, 4.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Childrens Hospital Medical Practice Corp pay its top executive?

The largest total compensation Childrens Hospital Medical Practice Corp reported for one person in calendar year 2024 was $2,529,529, for the role of FORMER OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Childrens Hospital Medical Practice Corp get its money?

Of $14.0 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 100.0% from program service revenue (Form 990, Part VIII).

Is Childrens Hospital Medical Practice Corp a registered charity?

The IRS lists EIN 72-1318421 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513189349312291 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202530349349301518 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202410459349301316 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203199349316160 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202240459349300519 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033189349306803 · read the filing

All filings for EIN 72-1318421: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.