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Children's Hospital Medical Center

Steve Davis MD, President & CEO. Fiscal year ending 2025-06.

$2.8M

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

0.34%

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

24.6%

CEO pay as a share of all charity care

Steve Davis MD’s pay of $2,814,850 equals 24.6 percent of the $11,447,414 the system spent on charity care in the same year.

§1The filing

Total revenue: $3,568,680,376
Total expenses: $3,363,161,573
Net assets: $9,098,794,045
Employees: 22,512
Hospitals covered: 4 facilities across 1 filing
Charity care, net: $11,447,414
Bad debt: $20,423,099
Medicare surplus (shortfall), as filed: ($7,443,357)
CEO pay from the organization (Part VII col. D): $2,737,353
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $77,497
CEO total compensation (D+E+F): $2,814,850 to Steve Davis 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 Hospital Medical Center, EIN 31-0833936, fiscal year ending 2025-06, 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)$682.5M Of which charity care to patients who could not pay (line 7a)$11.4M (2%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($20.4M) 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 Hospital Medical Center: CEO pay $2.8M, charity care 0.34% of expenses

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Children's Hospital Medical Center reported $2,814,850 in compensation for chief executive Steve Davis MD in the fiscal year ending 2025-06. It spent 0.34% of expenses on charity care, $11,447,414. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/children-s-hospital-medical-center-31-0833936.html