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Children's Hospital Medical Center of Akron

Christopher A Gessner, Bod/Officer-President And CEO. Fiscal year ending 2024-12.

$1.8M

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

0.48%

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

27.6%

CEO pay as a share of all charity care

Christopher A Gessner’s pay of $1,791,308 equals 27.6 percent of the $6,483,948 the system spent on charity care in the same year.

§1The filing

Total revenue: $1,540,288,244
Total expenses: $1,353,888,762
Net assets: $1,840,379,977
Employees: 8,707
Hospitals covered: 1 facilities across 1 filing
Charity care, net: $6,483,948
Bad debt: $44,785,972
Medicare surplus (shortfall), as filed: ($1,638,737)
CEO pay from the organization (Part VII col. D): $1,475,726
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $315,582
CEO total compensation (D+E+F): $1,791,308 to Christopher A Gessner

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 of Akron, EIN 34-0714357, 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)$201.8M Of which charity care to patients who could not pay (line 7a)$6.5M (3%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($44.8M) 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 of Akron: CEO pay $1.8M, charity care 0.48% of expenses

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Children's Hospital Medical Center of Akron reported $1,791,308 in compensation for chief executive Christopher A Gessner in the fiscal year ending 2024-12. It spent 0.48% of expenses on charity care, $6,483,948. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/children-s-hospital-medical-center-of-akron-34-0714357.html