Civic Intelligence

Chmc Community Health Services Network

EIN 31-1459815 • 501(c)3 • Cincinnati, OH

Profile

CHMC Community Health Services Network ("CHSN") is organized and operated exclusively to support Cincinnati Children's Hospital Medical Center ("CCHMC") in CCHMC's efforts to provide medical services to all of the children in the community.

Refreshing map…

3333 Burnet AvenueCincinnati, OH 45229-3039

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

1.38x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

81st percentile

1.03x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

11th percentile

-22%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

99th percentile

$2,184,299

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 23.2% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

11th percentile

-8.9%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

89th percentile

59%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$11,198,714

Down $1,087,586 (-8.9%) from 2021

Liabilities

Up

$15,435,521

Up $2,227,181 (+17%) from 2021

Net Assets

Down

-$4,236,807

Down $3,314,767 (-360%) from 2021

Revenue

Up

$15,001,488

Up $5,593,047 (+59%) from 2021

Expenses

Up

$18,316,255

Up $6,645,253 (+57%) from 2021

Net Income

Down

-$3,314,767

Down $1,052,206 (-47%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0-$5.0MAssets 2010: $675,613Liabilities 2010: $0Net Assets 2010: $675,6132010Assets 2011: $942,086Liabilities 2011: $0Net Assets 2011: $942,0862011Assets 2013: $1,613,400Liabilities 2013: $22,802Net Assets 2013: $1,590,5982013Assets 2014: $1,828,488Liabilities 2014: $201,689Net Assets 2014: $1,626,7992014Assets 2016: $1,746,955Liabilities 2016: -$466,891Net Assets 2016: $2,213,8462016Assets 2017: $1,519,893Liabilities 2017: -$1,020,668Net Assets 2017: $2,540,5612017Assets 2018: $2,044,543Liabilities 2018: -$214,606Net Assets 2018: $2,259,1492018Assets 2019: $2,055,863Liabilities 2019: $8,848Net Assets 2019: $2,047,0152019Assets 2020: $2,212,625Liabilities 2020: $872,104Net Assets 2020: $1,340,5212020Assets 2021: $12,286,300Liabilities 2021: $13,208,340Net Assets 2021: -$922,0402021Assets 2022: $11,198,714Liabilities 2022: $15,435,521Net Assets 2022: -$4,236,8072022

Highlighted filing

2022

Assets$11,198,714
Liabilities$15,435,521
Net Assets-$4,236,807

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MExpenses 2010: $2,446,1672010Expenses 2011: $2,668,8582011Expenses 2013: $3,052,1402013Revenue 2014: $3,442,438Expenses 2014: $3,406,237Net Income 2014: $36,2012014Revenue 2016: $4,081,012Expenses 2016: $3,819,393Net Income 2016: $261,6192016Revenue 2017: $4,391,847Expenses 2017: $4,065,133Net Income 2017: $326,7142017Revenue 2018: $3,637,859Expenses 2018: $3,919,271Net Income 2018: -$281,4122018Revenue 2019: $4,066,538Expenses 2019: $4,278,672Net Income 2019: -$212,1342019Revenue 2020: $4,023,879Expenses 2020: $4,730,373Net Income 2020: -$706,4942020Revenue 2021: $9,408,441Expenses 2021: $11,671,002Net Income 2021: -$2,262,5612021Revenue 2022: $15,001,488Expenses 2022: $18,316,255Net Income 2022: -$3,314,7672022

Highlighted filing

2022

Revenue$15,001,488
Expenses$18,316,255
Net Income-$3,314,767

Filings

Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.2
Gross Receipts
$9,408,441
Mission and Program Overview

Mission

Chmc community health services network ("chsn") is organized and operated exclusively to support cincinnati children's hospital medical center ("cchmc") in cchmc's efforts to provide medical services to all of the children in the community.

Provide medical services to children in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$0$8,153,850▲ $8,153,850
Accounts Receivable$584,591$1,978,470▲ $1,393,879
Land, Buildings, and Equipment, Net$1,311,300$1,419,073▲ $107,773
Savings and Temporary Cash Investments$316,734$734,907▲ $418,173
Total Assets$2,212,625$12,286,300▲ $10,073,675
Liabilities
Accounts Payable and Accrued Expenses$872,104$13,208,340▲ $12,336,236
Total Liabilities$872,104$13,208,340▲ $12,336,236
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,340,521$-922,040▼ $2,262,561
Total Net Assets Fund Balance$1,340,521$-922,040▼ $2,262,561
Total Liabilities and Net Assets / Fund Balance$2,212,625$12,286,300▲ $10,073,675

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,161,599$923,365$2,084,964
Equipment$148,554$411,157$559,711
Land$108,920-$108,920
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve DavisChairman and President
Michael FisherDirector
Tom Dewitt MdDirector
Jana BazzoliDirector & Treas. (eff. 9/20)
Mark MumfordDirector and Treasurer (thru 8/20)
Courtney Campbell SaxtonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,392,568
Investment Income
$0
Other Revenue
$15,873
Change in Net Assets
$-2,262,561
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,671,002
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$700,765--$700,765
All Other Expenses$685,680--$685,680
Depreciation Depletion$677,018--$677,018
Office Expenses$470,184--$470,184
Other Expenses$120,518--$120,518
Travel$7,792--$7,792
Total Functional Expenses$11,671,002$0$0$11,671,002
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Article iii of chsn's code of regulations provides that children's hospital medical center, a related organization, possesses the authority to appoint, elect, and remove members of chsn's board of trustees.

Form 990, Part VI, Section A, Line 7A

Article iii of chsn's code of regulations provides that children's hospital medical center, a related organization, possesses the authority to appoint, elect, and remove members of chsn's board of trustees.

Form 990, Part VI, Section B, Line 11B

The chmc community health services network ("chsn") form 990 is prepared by senior management from cincinnati children's hospital medical center ("cincinnati children's"), a related organization. External tax consultants then review form 990 for completeness and accuracy. The form 990 is then made available to all chsn board members in advance of filing.

Form 990, Part VI, Section B, Line 12C

All of chsn's board members receive an annual questionnaire requesting information regarding family and business relationships that could potentially result in a conflict of interest under chsn's conflict of interest policy. Once the questionnaires have been completed by all of chsn's board members, the questionnaires are reviewed and if chsn determines that a relationship exists that presents a conflict of interest, chsn follows the provisions set forth in chsn's conflict of interest policy to resolve the conflict and determines the appropriate reporting to the board and, if required, form 990 disclosure.

Form 990, Part VI, Section B, Line 15

Chsn's board members and officers are employed by cincinnati children's hospital medical center ("cincinnati children's"), a related organization. Cincinnati children's has a compensation committee that annually reviews the recommendations of cincinnati children's management regarding employee performance evaluation and compensation adjustments for disqualified persons to ensure that cincinnati children's has complied with the provisions of the rebuttable presumption of reasonableness under irc sec. 4958.

Form 990, Part VI, Section C, Line 19

Chsn's governing documents, conflict of interest policy, and financial statements are maintained on file by cincinnati children's senior management and are available to the public upon request either in-person, by telephone, or by written request.

FORM 990, PART VI, SECTION B, QUESTION 13:

Chsn's board of trustees has not formally adopted a written whistleblower policy. However, chsn is a related organziation of cincinnati children's hospital medical center ("cincinnati children's"). Cincinnati children's has a written whistleblower policy and chsn abides by the provisions of this policy.

FORM 990, PART VI, SECTION B, QUESTION 14:

Chsn's board of trustees has not formally adopted a written document retention and destruction policy. However, chsn is a related organization of cincinnati children's hospital medical center ("cincinnati children's"). Cincinnati children's has a written document retention and destruction policy and chsn abides by the provisions of this policy.

FORM 990, PART VII, SECTION A:

All individuals listed on form 990, part vii are employed by cincinnati children's hospital medical center ("cincinnati children's"), a related organization. Each individual devotes an average of 50 hours/week for their duties to cincinnati children's and affiliated entities.

Filing and Contact Details

Filer

Filer Name
Chmc Community Health Services Network
EIN
31-1459815
Phone
5138031106
Address
3333 BURNET AVENUE, CINCINNATI, OH 45229-3039

Signing Officer

Name
Carolyn Karageorges
Title
VP & CAO of Chmc, Sole Member
Phone
5138031106
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Davis
Formed
1995
Legal Domicile
Oh
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Deloitte Tax Llp
Address
111 MONUMENT CIRCLE SUITE 4200, INDIANAPOLIS, IN 46204-5108
Preparer
Shawna M Jansons
Phone
3174648600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2B AND 2C:

Chsn's financial statements are included as part of the cincinnati children's hospital medical center & affiliates consolidated financial statement audit. Cincinnati children's has an audit committee that assumes responsibility for oversight of the audit of the consolidated financial statements and selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

From the consolidated audited financial statements of children's hospital medical center, which include the activity of chmc community health service network: cincinnati children's accounts for income taxes in accordance with accounting standards codification topic (asc) 740 "income taxes". It is cincinnati children's policy to classify the expense related to interest and penalties, if any, to be paid on underpayments of income taxes within other expenses. There were no material penalties or interest recognized in fiscal years 2021 and 2020. Fiscal years 2018 through 2021 are subject to examination by both the federal and state tax jurisdictions.

Raw XML AppendixShowing 400 of 534 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER ("CCHMC") IS DEVOTED TO PROVIDING MEDICAL SERVICES TO ALL OF THE CHILDREN IN THE COMMUNITY. CHMC COMMUNITY HEALTH SERVICES NETWORK ("CHSN") IS ORGANIZED AND OPERATED EXCLUSIVELY TO SUPPORT CCHMC IN THIS EFFORT BY REACHING OUT TO CHILDREN AND THEIR FAMILIES IN NEIGHBORHOODS OF OUR COMMUNITY.CHSN SERVES AS THE STRUCTURE FOR BRINGING MEDICAL PROFESSIONALS WHO SHARE THE VISION OF PROVIDING QUALITY MEDICAL CARE TO CHILDREN AND FAMILIES IN THE NEIGHBORHOODS IN WHICH THEY LIVE. CHSN CARRIES OUT ITS CHARITABLE PURPOSES BY SEEKING AND HIRING SUCH "MISSION ORIENTED PHYSICIANS. IN ADDITION, CHSN WILL MAKE MEDICAL PROFESSIONALS AN INTEGRAL PART OF THESE NEIGHBORHOODS BY ESTABLISHING SITES WITHIN THESE COMMUNITIES WHERE RESIDENT PHYSICIANS WILL WORK. THE RESIDENT PHYSICIANS WILL BE ABLE TO LEARN MORE ABOUT THE PATIENTS THEY SEEK TO SERVE AND THEREBY PROVIDE BETTER SERVICE TO THEM. FURTHERMORE, IN ORDER TO ENSURE ITS GOALS ARE MET, CHSN WILL ACT AS A LIAISON BETWEEN THE NEIGHBORHOODS AND CCHMC, AND WILL FOCUS ON HOW TO BEST MEET THE UNIQUE NEEDS OF ALL CHILDREN IN NEIGHBORHOODS OF OUR COMMUNITY.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FROM THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF CHILDREN'S HOSPITAL MEDICAL CENTER, WHICH INCLUDE THE ACTIVITY OF CHMC COMMUNITY HEALTH SERVICE NETWORK: CINCINNATI CHILDREN'S ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION TOPIC (ASC) 740 "INCOME TAXES". IT IS CINCINNATI CHILDREN'S POLICY TO CLASSIFY THE EXPENSE RELATED TO INTEREST AND PENALTIES, IF ANY, TO BE PAID ON UNDERPAYMENTS OF INCOME TAXES WITHIN OTHER EXPENSES. THERE WERE NO MATERIAL PENALTIES OR INTEREST RECOGNIZED IN FISCAL YEARS 2021 AND 2020. FISCAL YEARS 2018 THROUGH 2021 ARE SUBJECT TO EXAMINATION BY BOTH THE FEDERAL AND STATE TAX JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL FISHER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MARK MUMFORD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2STEVE DAVIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3JANA BAZZOLI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4COURTNEY CAMPBELL SAXTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5TOM DEWITT MD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR AND TREASURER (THRU 8/20)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CHAIRMAN AND PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3DIRECTOR & TREAS. (EFF. 9/20)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5DIRECTOR
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IRS990ScheduleJ/SeverancePaymentInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0CHMC COMMUNITY HEALTH SERVICES NETWORK RELIED ON CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER ("CINCINNATI CHILDREN'S"), A RELATED ORGANIZATION, TO ESTABLISH THE COMPENSATION OF INDIVIDUALS LISTED ON FORM 990, PART VII. CINCINNATI CHILDREN'S USED THE METHODS DESCRIBED BELOW: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1UNDER A VOLUNTARY SEPARATION AGREEMENT ENTERED INTO BY THE EMPLOYEE AND THE ORGANIZATION, THE EMPLOYEE IS ENTITLED TO SEVERANCE PAY. THE TERMS AND CONDITIONS TO RECEIVE SEVERANCE PAYMENTS ARE CONFIDENTIAL. SEVERANCE PAYMENTS WERE MADE DURING THE YEAR TO THE FOLLOWING LISTED PERSON IN PART VII: 1. MARK MUMFORD - $676,104 CERTAIN OFFICERS AND KEY EMPLOYEES OF CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER ("CINCINNATI CHILDREN'S"), A RELATED ORGANIZATION TO CHSN, HAVE ARRANGEMENTS WHICH PROVIDE FOR SUPPLEMENTAL RETIREMENT BENEFITS AS DESCRIBED IN IRC SEC. 457(F). DUE TO THE SUBSTANTIAL RISK OF FORFEITURE PROVISION, THESE ARRANGEMENTS ARE NON-VESTED AND THERE IS NO GUARANTEE THAT THESE OFFICERS AND FACULTY MEMBERS WILL EVER RECEIVE THESE BENEFITS. THE FOLLOWING IS A LISTING OF OFFICERS AND KEY EMPLOYEES THAT RECEIVED A PAYMENT UNDER CINCINNATI CHILDREN'S IRC SEC. 457(F) PLAN DURING THE YEAR (THESE AMOUNTS ARE INCLUDED IN THE TOTALS FOR SCHEDULE J, PART II, COLUMN B(III) AND COLUMN (F): 1. MICHAEL FISHER - $182,601 2. MARK MUMFORD - $94,229 3. STEVE DAVIS - $101,750
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt2EXPLANATION OF BENEFITS: ALL COMPENSATION AND BENEFITS REPORTED ON FORM 990, PART VII AND SCHEDULE J, PART II ARE PROVIDED BY CINCINNATI CHILDREN'S, A RELATED ENTITY TO CHSN. THE EMPLOYEE BENEFIT PLAN CONTRIBUTION AMOUNTS LISTED ON SCHEDULE J, PART II MAY INCLUDE ONE OR MORE OF THE FOLLOWING BENEFITS: 1. ELECTIVE EMPLOYEE DEFERRALS UNDER IRC SEC. 403(B) 2. DISCRETIONARY EMPLOYER CONTRIBUTIONS UNDER IRC SEC. 403(B) 3. ELECTIVE EMPLOYEE DEFERRALS UNDER IRC SEC. 457(B) 4. ELECTIVE EMPLOYEE DEFERRALS UNDER IRC SEC. 457(F) IN ADDITION TO THE RETIREMENT PLAN CONTRIBUTIONS DISCLOSED ON FORM 990, PART VII AND SCHEDULE J, PART II, THE FOLLOWING NON-TAXABLE EMPLOYEE WELFARE BENEFITS WERE MADE AVAILABLE TO THE EMPLOYED, COMPENSATED OFFICERS AND KEY EMPLOYEES LISTED ON FORM 990, PART VII AND SCHEDULE J, PART II: 1. HEALTH AND DENTAL INSURANCE BENEFITS 2. GROUP LIFE INSURANCE (PORTIONS OF WHICH ARE TAXED) 3. UNEMPLOYMENT BENEFITS 4. DISABILITY BENEFITS THE OFFICERS AND KEY EMPLOYEES LISTED ON FORM 990, PART VII AND SCHEDULE J, PART II ARE ALSO ELIGIBLE FOR ANY OTHER AVAILABLE EMPLOYEE BENEFITS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINES 4A-B
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, SCHEDULE J:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ARTICLE III OF CHSN'S CODE OF REGULATIONS PROVIDES THAT CHILDREN'S HOSPITAL MEDICAL CENTER, A RELATED ORGANIZATION, POSSESSES THE AUTHORITY TO APPOINT, ELECT, AND REMOVE MEMBERS OF CHSN'S BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ARTICLE III OF CHSN'S CODE OF REGULATIONS PROVIDES THAT CHILDREN'S HOSPITAL MEDICAL CENTER, A RELATED ORGANIZATION, POSSESSES THE AUTHORITY TO APPOINT, ELECT, AND REMOVE MEMBERS OF CHSN'S BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CHMC COMMUNITY HEALTH SERVICES NETWORK ("CHSN") FORM 990 IS PREPARED BY SENIOR MANAGEMENT FROM CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER ("CINCINNATI CHILDREN'S"), A RELATED ORGANIZATION. EXTERNAL TAX CONSULTANTS THEN REVIEW FORM 990 FOR COMPLETENESS AND ACCURACY. THE FORM 990 IS THEN MADE AVAILABLE TO ALL CHSN BOARD MEMBERS IN ADVANCE OF FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OF CHSN'S BOARD MEMBERS RECEIVE AN ANNUAL QUESTIONNAIRE REQUESTING INFORMATION REGARDING FAMILY AND BUSINESS RELATIONSHIPS THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST UNDER CHSN'S CONFLICT OF INTEREST POLICY. ONCE THE QUESTIONNAIRES HAVE BEEN COMPLETED BY ALL OF CHSN'S BOARD MEMBERS, THE QUESTIONNAIRES ARE REVIEWED AND IF CHSN DETERMINES THAT A RELATIONSHIP EXISTS THAT PRESENTS A CONFLICT OF INTEREST, CHSN FOLLOWS THE PROVISIONS SET FORTH IN CHSN'S CONFLICT OF INTEREST POLICY TO RESOLVE THE CONFLICT AND DETERMINES THE APPROPRIATE REPORTING TO THE BOARD AND, IF REQUIRED, FORM 990 DISCLOSURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CHSN'S BOARD MEMBERS AND OFFICERS ARE EMPLOYED BY CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER ("CINCINNATI CHILDREN'S"), A RELATED ORGANIZATION. CINCINNATI CHILDREN'S HAS A COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS THE RECOMMENDATIONS OF CINCINNATI CHILDREN'S MANAGEMENT REGARDING EMPLOYEE PERFORMANCE EVALUATION AND COMPENSATION ADJUSTMENTS FOR DISQUALIFIED PERSONS TO ENSURE THAT CINCINNATI CHILDREN'S HAS COMPLIED WITH THE PROVISIONS OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER IRC SEC. 4958.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHSN'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MAINTAINED ON FILE BY CINCINNATI CHILDREN'S SENIOR MANAGEMENT AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST EITHER IN-PERSON, BY TELEPHONE, OR BY WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CHSN'S BOARD OF TRUSTEES HAS NOT FORMALLY ADOPTED A WRITTEN WHISTLEBLOWER POLICY. HOWEVER, CHSN IS A RELATED ORGANZIATION OF CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER ("CINCINNATI CHILDREN'S"). CINCINNATI CHILDREN'S HAS A WRITTEN WHISTLEBLOWER POLICY AND CHSN ABIDES BY THE PROVISIONS OF THIS POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CHSN'S BOARD OF TRUSTEES HAS NOT FORMALLY ADOPTED A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. HOWEVER, CHSN IS A RELATED ORGANIZATION OF CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER ("CINCINNATI CHILDREN'S"). CINCINNATI CHILDREN'S HAS A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY AND CHSN ABIDES BY THE PROVISIONS OF THIS POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ALL INDIVIDUALS LISTED ON FORM 990, PART VII ARE EMPLOYED BY CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER ("CINCINNATI CHILDREN'S"), A RELATED ORGANIZATION. EACH INDIVIDUAL DEVOTES AN AVERAGE OF 50 HOURS/WEEK FOR THEIR DUTIES TO CINCINNATI CHILDREN'S AND AFFILIATED ENTITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9CHSN'S FINANCIAL STATEMENTS ARE INCLUDED AS PART OF THE CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER & AFFILIATES CONSOLIDATED FINANCIAL STATEMENT AUDIT. CINCINNATI CHILDREN'S HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE CONSOLIDATED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6

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