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Children's Health Care

Marc Gorelick MD, President And CEO. Fiscal year ending 2024-12.

$4.2M

CEO total compensation
Form 990 Part VII, columns D+E+F

0.53%

of expenses spent on charity care
Schedule H Part I line 7a

68.7%

CEO pay as a share of all charity care

Marc Gorelick MD’s pay of $4,156,070 equals 68.7 percent of the $6,053,686 the system spent on charity care in the same year.

§1The filing

Total revenue: $1,206,394,087
Total expenses: $1,145,365,669
Net assets: $1,410,849,604
Employees: 6,926
Hospitals covered: 1 facilities across 1 filing
Charity care, net: $6,053,686
Bad debt: $8,237,535
Medicare surplus (shortfall), as filed: ($316,980)
CEO pay from the organization (Part VII col. D): $3,659,536
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $496,534
CEO total compensation (D+E+F): $4,156,070 to Marc Gorelick MD

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Children's Health Care, EIN 41-1754276, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$223.3M Of which charity care to patients who could not pay (line 7a)$6.1M (3%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($8.2M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Children's Health Care: CEO pay $4.2M, charity care 0.53% of expenses

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Children's Health Care reported $4,156,070 in compensation for chief executive Marc Gorelick MD in the fiscal year ending 2024-12. It spent 0.53% of expenses on charity care, $6,053,686. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/children-s-health-care-41-1754276.html