Children'S Health Care

“The following people have a business relationship: Maria Christu Alan Goldbloom Phil Kibort Jerry Massmann Theresa Pesch Alec Mahmood Jennifer Close Gloria Drake Robert Segal Patrick Ryan Russ Becker Michael Ciresi Molly Culligan Greg Govern Andrea Kmetz-Sheehy Chad Lindbloom Matt Majka Gaye Adams Massey David Miller Jonathan Wood”

“Children's senior management reviews the draft Form 990 with the Audit and Compliance Committee of the governing body prior to filing of the Form. This review includes an overview of the Form and discussion related to key sections. Copies of the final Form 990 are made available to members of the Committee and all directors prior to the Form being filed. The Audit and Compliance Committee has been delegated the authority to oversee the completion and filing of the Form 990 by the full board, and the Committee reports the results of its review and approval to the full board at a regularly scheduled board meeting.”

“Management of Children's ensure that conflict of interest disclosure forms are completed by all members of the governing body and board committees at least annually. Forms are completed at the beginning of the year, and directors and committee members are instructed to provide additional disclosures if necessary during the course of the year. The Governance Committee of the governing body, along with senior management (CEO and General Counsel) review all disclosures provided by governing board members. The results of this review and any concerns, limitations, etc., are reported by the Governance Committee to the full board. If conflicts are identified, the Governance Committee and management work to ensure that directors do not participate in discussion or voting on the affected matter.”

“Children's follows the requirements set forth in the IRS rebuttable presumption of reasonableness in determining compensation for the CEO and other officers and executive leaders of Children's. This function is performed by the Compensation Committee of the governing board, which is composed of only independent directors. The process includes review of comparability data, retention of an outside compensation consultant and contemporaneous substantiation of the deliberation and decision through detailed minutes of the Compensation Committee and full board meetings where executive compensation is considered.”

“Children's makes financial statement information public through a summary of financial performance in its annual report. In addition, financial statements are provided publicly through Digital Assurance Certification, a dissemination agent, who therefore make this information publicly available. Children's governing documents and conflict of interest policy are not available to the public.”

“Currently Children's does not have any joint ventures with a taxable entity that are mission related or joint ventures that are not mission related. Within the context of their investment portfolio, the organization has invested in a number of limited partnership opportunities.”

“Medical Residents: Program service expenses 3,013,344. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,013,344. Consulting Fees: Program service expenses 911,593. Management and general expenses 4,327,431. Fundraising expenses 0. Total expenses 5,239,024. Purchase Services: Program service expenses 52,581,135. Management and general expenses 2,974,709. Fundraising expenses 0. Total expenses 55,555,844. Leased Equipment: Program service expenses 1,214,239. Management and general expenses 22,498. Fundraising expenses 0. Total expenses 1,236,737. Maintenance Service Contracts: Program service expenses 2,502,041. Management and general expenses 64,315. Fundraising expenses 0. Total expenses 2,566,356. Equipment Repair and Maintenance: Program service expenses 1,570,534. Management and general expenses 155,672. Fundraising expenses 0. Total expenses 1,726,206.”

“Change in beneficial interest in net assets of Foundation -736,319. RSVP Retirement plan-related changes 10,366,444. Change in value of interest rate swap valuation 17,555,522.”