2026-07-10T12:45:03+00:00 2025-08-31 346565596 ERNST & YOUNG US LLP 155 N WACKER DRIVE CHICAGO IL 60606 990 2024-09-01 363357004 Children's Hospital of Chicago Medical Center CHIL 3122277133 225 E CHICAGO AVE BOX 282 CHICAGO IL 606112991 ALEX P MILLER SVP, CHIEF FINANCIAL OFFICER 3122277133 2026-07-10 true true Emily Beckerman P01765498 3128792000 2026-07-10 2024 2025-03-06 01:10:19Z THOMAS P SHANLEY MD 225 E CHICAGO AVE BOX 282 CHICAGO IL 606112991 40200200 false X WWW.LURIECHILDRENS.ORG X 1984 IL SEE SCHEDULE O. X 51 49 330 49 0 0 20071461 18436797 52461032 21763403 0 -978253 0 0 72532493 39221947 0 0 0 57711802 26597897 0 0 0 19588058 15451721 77299860 42049618 -4767367 -2827671 20133146 363694 19796056 2206447 337090 -1842753 SEE SCHEDULE O. false false 28970465 0 21763403 SEE SCHEDULE O. 0 0 0 0 0 0 28970465 true true false false false false false false false false false false false false false false false true false false true false false false false false false false false true false false false false false false false false false false false false false true true true true true false false true X 0 0 330 true false true CJ false false false false false false false false true false X 51 49 true false true false false false false true true false false false true true true true true true true true true true IL X ALEX P MILLER 3122277133 225 E CHICAGO AVE CHICAGO IL 606112991 Thomas P Shanley MD Ex-Officio Director/President & CEO LCH 1.0 46.0 X X 0 1992705 624794 Alfreda Bradley-Coar Director 1.0 1.0 X 0 0 0 Andrew N Reyes Director 1.0 1.0 X 0 0 0 Barbara Sullivan Director 1.0 2.0 X 0 0 0 Betsy B Rosenfield Director through 12/12/24 1.0 1.0 X 0 0 0 Brendan F Carroll Director 1.0 1.0 X 0 0 0 Brian D Price Director 1.0 1.0 X 0 0 0 Bruce R Hague Director through 12/12/24 1.0 1.0 X 0 0 0 Bruce S Saltzberg Director 1.0 1.0 X 0 0 0 Carl S Allegretti Director 1.0 1.0 X 0 0 0 Catherine H Gledhill Director begin 12/12/24 1.0 2.0 X 0 0 0 Christopher S Segal Director 1.0 1.0 X 0 0 0 Courtney A Hardy MD Ex-Officio Director begin 1/1/25 1.0 41.0 X 0 574716 94782 Craig C Martin Director 1.0 1.0 X 0 0 0 Daniel J Murphy Director 1.0 1.0 X 0 0 0 David A Garfield Director 1.0 1.0 X 0 0 0 David A Helfand Director 1.0 1.0 X 0 0 0 Deidra Merriwether Director through 12/12/24 1.0 1.0 X 0 0 0 Dennis J Drescher Director through 7/28/25 1.0 1.0 X 0 0 0 Donald J Edwards Director 1.0 1.0 X 0 0 0 Earl Cheng MD Director through 12/12/24 1.0 43.0 X 0 857781 86844 Edward J Wehmer Director through 12/12/24 1.0 1.0 X 0 0 0 Elizabeth A Engelmann Director 1.0 1.0 X 0 0 0 Eric S Smith Director 1.0 2.0 X 0 0 0 Frank R Jimenez Director 1.0 1.0 X 0 0 0 H Thomas Watkins III Director & Vice Chair 1.0 1.0 X 0 0 0 Honey Jacobs Skinner Director 1.0 1.0 X 0 0 0 James F Derose Director 1.0 1.0 X 0 0 0 Janet L Malzone Director 1.0 1.0 X 0 0 0 Jason T Perlioni Director begin 12/12/24 1.0 1.0 X 0 0 0 Jeffrey S Wright Director begin 10/24/24 1.0 1.0 X 0 0 0 John H Simpson Director 1.0 1.0 X 0 0 0 John J Greisch Director 1.0 1.0 X 0 0 0 John W Rutledge Director 1.0 1.0 X 0 0 0 Jonathan R Levin Director 1.0 1.0 X 0 0 0 Karen Sauder Director & Chair begin 12/12/24 1.0 2.0 X 0 0 0 Karuna Rawal Director through 1/2/25 1.0 1.0 X 0 0 0 Katherine A Lindberg Director 1.0 1.0 X 0 0 0 Keating Crown Director 1.0 1.0 X 0 0 0 Kevin W Burke Director 1.0 1.0 X 0 0 0 Kristin Finney-Cooke Director through 12/12/24 1.0 1.0 X 0 0 0 Margaret B Stineman Ex-Officio Director 1.0 2.0 X 0 0 0 Mark A Hoppe Director 1.0 1.0 X 0 0 0 Michael M Larsen Director 1.0 1.0 X 0 0 0 Michael P Goldman Director 1.0 1.0 X 0 0 0 Michael S Hollander Director 1.0 1.0 X 0 0 0 Mohan P Rao PhD Director 1.0 2.0 X 0 0 0 Peter J Bulgarelli Director 1.0 1.0 X 0 0 0 Robert L Verigan Director 1.0 1.0 X 0 0 0 Robert S Murley Director 1.0 2.0 X 0 0 0 Roxanne Martino Director & Chair through 12/12/24 1.0 2.0 X 0 0 0 Stephen A Smith Director through 12/12/24 1.0 1.0 X 0 0 0 Susan L Lees Director 1.0 1.0 X 0 0 0 Suzet McKinney Director 1.0 1.0 X 0 0 0 Thomas E O'Neill Director through 4/1/25 1.0 1.0 X 0 0 0 Thomas S Souleles Director 1.0 1.0 X 0 0 0 Tina Tan MD Ex-Officio Director begin 9/1/24 1.0 1.0 X 0 0 0 Veronica Gomez Director 1.0 1.0 X 0 0 0 W Brennan Smith Director 1.0 1.0 X 0 0 0 William J Mckenna Director 1.0 1.0 X 0 0 0 Zaldwaynaka Scott Director 1.0 1.0 X 0 0 0 Alex P Miller SVP, Chief Financial Officer 1.0 46.0 X 0 757988 158968 Fatema Zanzi Esq EVP, Chief Admin & Legal Officer, Corporate Secretary 1.0 46.0 X 0 932953 173884 Ali Shaibani MD Physician 40.0 0 X 698286 0 59398 Cynthia K Rigsby MD Physician 40.0 2.0 X 835584 0 204398 Dianna Bardo MD Physician through 8/19/24 40.0 0 X 592149 0 37764 John T Walkup MD Physician 40.0 2.0 X 788779 0 153805 Safwan S Halabi MD Physician 40.0 0 X 562067 0 59657 Brenda Davis VP Budget and Financial Planning interim CFO through 2/6/23 0.0 41.0 X 0 354713 29463 3476865 5470856 1683757 124 true true false 0 18436797 18436797 PATIENT SERVICE REVENUE 621111 16805332 16805332 MEDICAL ADMIN & TEACHING 621111 1572467 1572467 PROF SVCS PROV TO RSCH 621111 301129 301129 PHYSICIAN CONTRACT 621111 714842 714842 MEDICARE/MEDICAID PAYMENTS 621111 1824747 1824747 544886 544886 0 0 21763403 0 0 978253 0 -978253 -978253 -978253 0 0 0 0 0 39221947 21763403 0 -978253 22084665 17982832 4101833 4154190 3476003 678187 359042 292356 66686 23627 886 22741 96089 96089 954427 499047 455380 0 60080 17243 42837 26215 9310 16905 4267139 684825 3582314 23052 21875 1177 108601 106483 2118 117421 117421 563063 563063 Goodwill 3759000 3759000 Vaccines 2952741 2952741 Billing and Collection Fees 976531 976531 Bad Debt Provision 464441 464441 1059294 805408 253886 0 42049618 28970465 13079153 0 0 0 3171106 278345 0 0 0 0 608819 0 73173 75846 0 0 1386090 0 0 0 5176706 9717252 9503 20133146 363694 11182282 2206447 0 0 8613774 0 19796056 2206447 X 337090 -1842753 337090 -1842753 20133146 363694 X -2827671 7497 640331 X false true true false X 10161005 48410689 11175358 20071461 18436797 108255310 47600958 53118746 50741500 52461032 21763403 225685639 0 0 0 57761963 101529435 61916858 72532493 40200200 333940949 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 333940949 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 57761963 101529435 61916858 72532493 40200200 333940949 1 1.0 0 0.0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Central America and the Caribbean 0 0 Program Services INSURANCE 7239100 Central America and the Caribbean 0 0 Investments 153387 0 0 0 0 0 0 7392487 0 7392487 true false true false false false Schedule F, Part V PART I, LINE 3 - METHOD USED TO ACCOUNT FOR EXP ON ORG'S FIN STMTS CENTRAL AMERICA AND THE CARIBBEAN - OTHER: The expenditures reported in Part I, Line 3 are based on self-insurance premiums paid/accrued. X X X X false true false false false false false true false Thomas P Shanley MD Ex-Officio Director/President & CEO LCH 0 1285552 0 449624 0 257529 0 590810 0 33984 0 2617499 0 0 Earl Cheng MD Director through 12/12/24 0 856989 0 0 0 792 0 46000 0 40844 0 944625 0 0 Courtney A Hardy MD Ex-Officio Director begin 1/1/25 0 480245 0 93300 0 1171 0 80547 0 14235 0 669498 0 0 Brenda Davis VP Budget and Financial Planning interim CFO through 2/6/23 0 300377 0 52988 0 1348 0 12986 0 16477 0 384176 0 0 Fatema Zanzi Esq EVP, Chief Admin & Legal Officer, Corporate Secretary 0 619075 0 235530 0 78348 0 170345 0 3539 0 1106837 0 0 Alex P Miller SVP, Chief Financial Officer 0 579360 0 177840 0 788 0 118228 0 40740 0 916956 0 0 Cynthia K Rigsby MD Physician 705144 0 46450 0 83990 0 160380 0 44018 0 1039982 0 0 0 John T Walkup MD Physician 614645 0 42729 0 131405 0 139811 0 13994 0 942584 0 0 0 Ali Shaibani MD Physician 661687 0 33750 0 2849 0 16984 0 42414 0 757684 0 0 0 Safwan S Halabi MD Physician 511288 0 49750 0 1029 0 14766 0 44891 0 621724 0 0 0 Dianna Bardo MD Physician through 8/19/24 583706 0 6000 0 2443 0 14714 0 23050 0 629913 0 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation Pursuant to the bylaws of Children's Hospital of Chicago Medical Center ("Medical Center"), the Compensation Committee of the board of directors of the Medical Center is charged with reviewing and approving senior executive compensation for the Medical Center and its affiliates and the compensation for any physician who meets the criteria for review and approval by the Committee. The Compensation Committee has adopted a written executive compensation philosophy which it follows when it reviews and approves the compensation and benefits of the organization's senior management, including the President. The compensation philosophy is subject to periodic review by the Compensation Committee for continued appropriateness in the current market. With the assistance of independent compensation consultants and information from a variety of sources (specified on Schedule J), the Compensation Committee confirmed the total amounts to be paid to identified executives and physicians were reasonable and comparable to amounts paid by similarly situated organizations to individuals in functionally similar positions. Legal counsel periodically advises the Compensation Committee with respect to federal tax requirements in setting compensation and the establishment of the "rebuttable presumption of reasonableness" under the federal tax law intermediate sanctions rules. The process followed by the Compensation Committee, including a description of the data relied upon and the Compensation Committee's decisions, was thoroughly and contemporaneously documented. The Compensation Committee has expressly reviewed the reasonableness of compensation paid to identified executives and physicians, and has concluded, as the result of a process that is designed to qualify for the rebuttable presumption of reasonableness, that all such amounts are reasonable and do not exceed fair market value for the services provided. The Compensation Committee is comprised of members of the Medical Center and Lurie Children's boards of directors who have been determined to be disinterested (which means no committee member has a conflict of interest) for these purposes. The Compensation Committee conducts an ongoing, regular review of the disinterested status of its members, and will take appropriate action with respect to anyone having an interest with respect to one or more executives so as to preserve the disinterested status of the committee and, as a result, the application of the rebuttable presumption of reasonableness. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan Ann & Robert H. Lurie Children's Hospital of Chicago ("Lurie Children's") maintains a defined contribution supplemental executive retirement plan ("DC SERP"), which was established on January 1, 2017 and is a nonqualified deferred compensation plan for certain employees in executive positions, for Lurie Children's and its affiliates. The benefits in the DC SERP are in the form of a fixed annual contribution rate and an earnings credit. Each year's contribution and earnings are at risk and will become fully vested and taxable only after five years of future employment service, or upon reaching age 62 with at least three years of service. Several listed persons in this Form 990 participate in the DC SERP, and the unvested contributions made for them are included in Schedule J, Part II, Column (C). The following individuals participated in the DC SERP and received a vested payment during 2024 which is reported in Column B (iii): Cynthia K. Rigsby, MD $80,760 Fatema Zanzi, Esq. $77,376 John T. Walkup, MD $123,000 Thomas P. Shanley, MD $253,173 CEO Deferred Compensation Listed individual Thomas Shanley MD is the sole participant in an additional supplemental retirement benefit arrangement that began in 2021. He is eligible to earn a benefit that will not become vested for several years. A prorated portion of the benefit (representing the portion earned in 2024) is reported in Column (C) as unvested deferred compensation, and will be reported again as compensation if and when the full benefit becomes vested and is subject to tax. The independent Compensation Committee of the Children's Hospital of Chicago Medical Center board, whose diligent review and approval process is described elsewhere in these narratives, has reviewed and approved Dr. Shanley's total compensation in a manner that qualifies for the rebuttable presumption of reasonableness under the federal tax law intermediate sanctions rules, and as part of this review process took into account the benefit being earned under this additional arrangement. Schedule J, Part I, Line 7 Non-fixed payments The organization provides annual incentive compensation to senior management under a senior management incentive compensation plan. These amounts are included in Schedule J, Part II, Column B (ii). The plan is designed to offer opportunities for additional compensation tied to performance against pre-determined goals approved in advance by the Compensation Committee of the Children's Hospital of Chicago Medical Center (Medical Center) board of directors, which serves as the Compensation Committee of Lurie Children's. The Compensation Committee has expressly reviewed the reasonableness of all such payments and has concluded, as the result of a process that is designed to qualify for the rebuttable presumption of reasonableness under federal tax law, that all such amounts are reasonable and do not exceed fair market value for the services provided. Schedule J, Part II RELATED COMPENSATION The following individual is not compensated by the reporting organization for their service as a director or officer of the reporting organization. Rather, the compensation reported on Form 990, Part VII and on Schedule J, Part II reflects compensation for the individual's substantial and full-time services as an employee paid by Lurie Children's Surgical Foundation, Inc. until December 31, 2024 and then by Lurie Children's Medical Group, Inc. beginning January 1, 2025 following a merger of the Medical Center's medical groups. For more details, please refer to the 2024 Form 990 of Lurie Children's Surgical Foundation, Inc., FEIN 83-1650513. Earl Cheng, MD The following individuals are not compensated by the reporting organization for their service as directors or officers of the reporting organization. Rather, the compensation reported on Form 990, Part VII and on Schedule J, Part II reflects compensation for the individual's substantial and full-time services as an employee paid by Ann & Robert H. Lurie Children's Hospital of Chicago ("Lurie Children's"). For more details, please refer to the 2024 Form 990 of Lurie Children's, FEIN 36-2170833. Alex P. Miller Brenda Davis Courtney A. Hardy, MD Fatema Zanzi, Esq. Thomas P. Shanley, MD NET ASSETS OF LURIE CHILDREN'S PRIMARY CARE LLC (DISREGARDED) TRANSFERRED IN MERGER 2024-12-31 10276408 FAIR MARKET VALUE 363279680 PFF LURIE CHILD MED GRP EFF 1125 225 E CHICAGO AVE BOX 282 CHICAGO IL 606112991 501(C)(3) NET ASSETS OF LURIE CHILDREN'S MEDICAL GROUP, INC. (DISREGARDED) TRANSFERRED IN MERGER 2024-12-31 196346 FAIR MARKET VALUE 363279680 PFF LURIE CHILD MED GRP EFF 1125 225 E CHICAGO AVE BOX 282 CHICAGO IL 606112991 501(C)(3) false false false false Form 990, Part I, Line 1 ORGANIZATION'S MISSION Children's Hospital of Chicago Medical Center is committed to establishing, developing, promoting and conducting educational programs, scientific research, healthcare facilities and charitable and educational activities devoted to health and welfare of infants and children. Form 990, Part III, Line 4a PROGRAM SERVICE DESCRIPTION Children's Hospital of Chicago Medical Center (the "Medical Center"), an Illinois not-for-profit corporation, engages in budget approval, asset management, resource allocation, investment oversight and strategic planning for affiliates. Affiliates include organizations for which the Medical Center is a controlling member. In FY25, the Medical Center had the following affiliates: Ann & Robert H. Lurie Children's Hospital of Chicago (Lurie Children's), Ann & Robert H. Lurie Children's Hospital of Chicago Foundation (Lurie Children's Foundation), Stanley Manne Children's Research Institute (Manne Research Institute), Lurie Children's Medical Group, LLC , Lurie Children's Primary Care, LLC , Pediatric Faculty Foundation, Inc , Lurie Children's Health Services, LLC (LCHS), Almost Home Kids (AHK), Lurie Children's Pediatric Anesthesia Associates , Lurie Children's Surgical Foundation, Inc. And CMMC Insurance Co, Ltd (CMMC). Effective January 1, 2025, Lurie Children's Surgical Foundation, Inc., Lurie Children's Pediatric Anesthesia Associates, Lurie Children's Primary Care, Inc. f/k/a Lurie Children's Primary Care, LLC, and Lurie Children's Multispecialty Group, Inc. F/k/a Lurie Children's Medical Group, LLC merged with and into Pediatric Faculty Foundation, Inc. Also effective on January 1, 2025, Pediatric Faculty Foundation, Inc. changed its name to Lurie Children's Medical Group, Inc. (LCMG). Lurie Children's operates the only full-service, independent, self-governing pediatric hospital in Illinois, with 364 licensed beds, as well as a full range of inpatient and outpatient care and related ancillary services. This not-for-profit, tertiary care hospital, founded in 1882, provides patient care 24 hours-per-day, 7 days-per-week and more pediatric healthcare than any other hospital provider in Illinois in nearly every pediatric medical and surgical specialty. As a major academic tertiary care medical center, Lurie Children's served patients from 50 states and more than 40 countries in FY25. Lurie Children's is a designated level I pediatric trauma center for the city of Chicago, level IV neonatal intensive care facility, both of which are the highest designations in Illinois. In U.S. News & World Report 2025 rankings, Lurie Children's ranked in the top hospitals across the nation and ranked in 11 featured specialties, including for urology (6th), nephrology (7th), and neurology & neurosurgery (7th). In addition, for more than 70 years, Lurie Children's has served as the pediatric training site for Northwestern University Feinberg School of Medicine, training residents, medical students and fellows who will comprise the next generation of health care providers. Lurie Children's Foundation seeks to optimize philanthropy in support of the mission and future of the Children's Hospital of Chicago Medical Center. The mission of Manne Research Institute is to generate new knowledge and translate advancements in the prevention, diagnosis, and treatment of diseases that affect children's health through adolescence and adulthood. Manne Research Institute's multidisciplinary teams are committed to making discoveries that will improve the lives of children and their families. LCMG is an Illinois not-for-profit corporation whose sole member is the Medical Center. LCMG is an organization described under section 501(c)(3) of the code. LCMG employs pediatric specialists, subspecialists, surgeons, and hospital-based physicians who practice at Lurie Children's and at affiliated outreach locations. LCHS exists for the provision and coordination of medical care of medically complex children, contracting with managed care organizations and commercial health plans to provide care coordination services to children within their plans that have complex medical needs. AHK provides a bridge from hospital to home through an innovative community-based care system for children with medical complexities. AHK responds to the needs of families, train caregivers, offer respite care, advocate for accessibility and inclusion and educate healthcare professionals. CMMC provides a self-insurance program for the Medical Center. Form 990, Part III, Line 1 ORGANIZATION'S MISSION We are dedicated to the health and well-being of all children. As the pediatric teaching facility for the Northwestern University Feinberg school of Medicine, this commitment drives us to be a leader in: -Pediatric health care delivery -Research into the prevention, causes and treatment of diseases that affect children -Education for physicians, nurses and allied health professionals -Advocacy for children As a charitable organization, we serve children and their families to the best of our abilities and to the limits of our resources. Form 990, Part V, Line 2a ALLOCATION OF SALARY EXPENSES Vendors for the filing organization are paid by Ann & Robert H. Lurie Children's Hospital of Chicago ("Lurie Children's") (EIN 36-2170833). As such, all required Form 1099 and Forms 1096 reporting is filed under the Lurie Children's EIN. Form 990, Part VI, Line 2 FAMILY/BUSINESS RELATIONSHIPS AMONGST INTERESTED PERSONS Roxanne Martino has a business relationship with Peter J. Bulgarelli. Roxanne Martino has a business relationship with Suzet Mckinney. Keating Crown has a business relationship with Suzet Mckinney. Keating Crown has a business relationship with Craig C. Martin. Kevin Burke has a business relationship with Jason Perlioni. Form 990, Part VI, Line 15 EXECUTIVE COMPENSATION The authority to review and approve executive compensation has been delegated to the Compensation Committee of Children's Hospital of Chicago Medical Center board of directors ("Compensation Committee"). The Compensation Committee has adopted a written executive compensation philosophy which it follows when it reviews and approves the compensation and benefits of the organization's senior management, including the President/Chief Executive Officer. The compensation philosophy is subject to periodic review for continued appropriateness by the Compensation Committee. With the assistance of a compensation consultant and information from a variety of external sources (specified on Schedule J), the Compensation Committee confirmed the total amounts to be paid were reasonable and comparable to amounts paid by similarly situated organizations for functionally similar positions. Legal counsel advises the Compensation Committee with respect to federal tax requirements in setting compensation and the establishment of the rebuttable presumption of reasonableness. The process followed by the Compensation Committee, including a description of the data relied upon and the Compensation Committee's decisions, was thoroughly and contemporaneously documented. The Compensation Committee has expressly reviewed the reasonableness of compensation paid to identified executives, and has concluded, as the result of a process that is designed to qualify for the rebuttable presumption of reasonableness under federal tax law, that all such amounts are reasonable and do not exceed fair market value for the services provided. The Compensation Committee is comprised of members of Children's Hospital of Chicago Medical Center board of directors who have been determined to disinterested for these purposes. The Compensation Committee conducts an ongoing and periodic review of the disinterested status of its members, and will take appropriate action with respect to anyone having an interest with respect to one or more executives so as to preserve the application of the rebuttable presumption of reasonableness. Form 990, Part VI, Line 4 Significant changes to organizational documents The organization adopted amended and restated bylaws effective January 1, 2025, reflecting updates to board composition, committee structure, and governance provisions in connection with an internal organizational restructuring. Form 990, Part VI, Line 11b Review of form 990 by governing body The Audit and Compliance Committee is the committee of the Children's Hospital of Chicago Medical Center board charged with the oversight of audit, tax and compliance matters for the parent and affiliates. During a special Audit and Compliance Committee meeting, and before Form 990 was filed, the Audit and Compliance Committee was provided with a review of Form 990 by the Chief Financial Officer ("CFO"). The CFO and outside tax advisor also responded to the Audit and Compliance Committee members' questions and afforded them the opportunity for detailed discussion of Form 990, prior to the Audit and Compliance Committee taking action to approve the filing of Form 990. A full copy of the organization's Form 990 was provided to the respective filing organization's board following approval by the Committee. As part of its annual return preparation process, the organization, on an ongoing basis, consulted its tax consulting firm and outside tax legal counsel, both of which possess expertise in health care and tax-exempt return preparation, to advise and assist in the preparation of Form 990. These advisors worked closely with the organization's finance personnel and other members of the organization's team assembled to participate in the preparation of Form 990. Prior to presenting Form 990 to the Medical Center board's Audit and Compliance Committee, the organization's team, including its advisors, met frequently to discuss and review drafts of the form. Subsequent to the Audit and Compliance Committee review and approval, Form 990 was provided to the filing organization's board of directors. Form 990, Part VI, Line 12c Conflict of interest policy On an annual basis, Children's Hospital of Chicago Medical Center (the "Medical Center") and its affiliates (collectively the "Corporation") provide a comprehensive questionnaire to its board members, senior management and other key employees posing questions about actual or potential conflicts of interest. The Medical Center initiates follow up contact to those who do not respond and to clarify responses, where necessary. The Medical Center reviews each disclosure and provides a summary of relevant disclosures for the review and approval of the Medical Center Board's Nominating and Governance Committee. Board members, senior management, and key employees are subject to an applicable Medical Center conflict of interest policy and to a Code of Conduct, which includes the ongoing responsibility to promptly disclose conflicts of interests or duality of interests to a designated individual(s). Disclosures are provided to the Nominating and Governance Committee of the Medical Center Board of Directors, which considers all conflict and duality of interests issues. If the disinterested members of the Nominating and Governance Committee have determined that a potential or actual conflict of interest or duality of interest exists, the Nominating and Governance Committee shall determine if preparation of Conflicts Management Guidelines will sufficiently mitigate the potential or actual conflict of interest and/or duality of interest. If the Nominating and Governance Committee determines that Conflicts Management Guidelines will sufficiently mitigate the potential or actual conflict of interest and/or duality of interest, the Chief Legal Officer will prepare said Conflicts Management Guidelines regarding the particular person's potential or actual conflict of interest and/or duality of interest for review, approval, and oversight by the Nominating and Governance Committee. The Chief Legal Officer shares the Conflict Management Guidelines with the applicable person following approval by the Nominating and Governance Committee. The Conflicts Management Guidelines may require any or all of the aspects below. 1. The relevant person shall recuse themselves from all or a portion of the meeting of the board or committee on which the person serves while the proposed contract, transaction, or arrangement giving rise to the conflict of interest and/or the situation giving rise to a duality of interest is discussed. In addition, the person shall recuse themselves from all or a portion of the meeting of the board or committee on which the person serves while the matter is voted on, and only disinterested directors or committee members, as the case may be, may vote to determine whether to approve the contract, transaction, arrangement, or situation giving rise to the conflict of interest or duality of interest. In determining whether and when to require the person to recuse themselves during discussion of the proposed contract, transaction, or arrangement giving rise to the conflict of interest and/or the situation giving rise to a duality of interest, the disinterested board directors or committee members, as the case may be, shall balance the need to facilitate the discussion by having such person on hand to provide additional information with the need to preserve the independence of the determination process. 2. With respect to a conflict of interest or duality of interest, the disinterested members of the Nominating and Governance Committee shall exercise due diligence to determine whether the contract, transaction, or arrangement presented by the conflict of interest or duality of interest is fair and reasonable and in the best interest to the Corporation. In reaching such determination, the Nominating and Governance Committee shall determine whether there are alternatives to the proposed contract, transaction or arrangement that would not give rise to a conflict of interest or duality of interest. If a more advantageous contract, transaction, or arrangement that would not give rise to a conflict of interest or duality of interest is not reasonably attainable under the circumstances, the disinterested members of the Nominating and Governance Committee must determine by a majority vote that the contract, transaction, or arrangement presented by the conflict of interest or duality of interest is fair and reasonable and in the best interest to the Corporation before such contract, transaction, or arrangement may be approved for execution by the board of directors of its executive committee. If the Nominating and Governance Committee determines that Conflicts Management Guidelines will not sufficiently mitigate the potential or actual conflict of interest and/or duality of Interest, the Nominating and Governance Committee shall determine the appropriate steps. The Chief Legal Officer shares the Nominating and Governance Committee's decision with the applicable person following approval by the Nominating and Governance Committee. Form 990, Part VI, Line 19 Required documents available to the public The organization's Articles of Incorporation and annual reports are available through the Illinois Secretary of State. The organization also makes its general governing documents available to the general public upon request. Form 990, Part VIII, Line 2f Other Program Service Revenue OTHER PROGRAM SERVICE REVENUE - Total Revenue: 544886, Related or Exempt Function Revenue: 544886, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances NET ASSETS TRANSFERRED TO PEDIATRIC FACULTY FOUNDATION, INC. IN MERGER - 640331; Total - 640331; LURIE CHILDREN'S MEDICAL GROUP LLC 225 E CHICAGO AVE CHICAGO IL 60611 364187449 HEALTH CARE IL 9886852 0 MEDICAL CTR LURIE CHILDRENS HEALTH SERVICES LLC 225 E CHICAGO AVENUE BOX 301 CHICAGO IL 60611 352503476 CARE COORDINATION, PHYSICAL THERAPY IL 3655519 278205 MEDICAL CTR LURIE CHILDREN'S PRIMARY CARE LLC 225 E CHICAGO AVE CHICAGO IL 60611 320476042 HEALTH CARE IL 8810996 0 MEDICAL CTR ALMOST HOME KIDS 7 S 721 ROUTE 53 NAPERVILLE IL 60540 363822010 TRANSITION CR IL 501(c)(3) 10 MEDICAL CTR true STANLEY MANNE CHILDREN'S RESC INSTITUTE 225 E CHICAGO AVE CHICAGO IL 60611 363357005 RESEARCH IL 501(c)(3) 4 MEDICAL CTR true LURIE CHILDREN'S HOSPITAL OF CHICAGO FDN 225 E CHICAGO AVE CHICAGO IL 60611 363357006 FUNDRAISING IL 501(c)(3) 7 MEDICAL CTR true LURIE CHILDRENS LIABILITY PROTECTION PRG 225 E CHICAGO AVE CHICAGO IL 60611 366638400 INSURANCE IL 501(c)(3) Type III-FI MEDICAL CTR true LURIE CHILDREN'S 225 E CHICAGO AVE CHICAGO IL 60611 362170833 HOSPITAL IL 501(c)(3) 3 MEDICAL CTR true LURIE CHILDREN'S MEDICAL GROUP INC 225 E CHICAGO AVE CHICAGO IL 60611 363279680 HLTH CRE/RSCH IL 501(c)(3) 10 MEDICAL CTR true CHILDREN'S HOSPITAL OF CHICAGO FPP UNTIL 123124 737 NORTH MICHIGAN AVE 2040 CHICAGO IL 60611 363393780 SUPPORTING ORG IL 501(c)(3) Type I MEDICAL CTR true LURIE CHILDREN'S PEDIATRIC ANESTHESIA ASSOCIATES UNTIL 123124 225 E CHICAGO AVE CHICAGO IL 60611 371838535 HEALTH CARE IL 501(c)(3) 3 MEDICAL CTR true LURIE CHILDREN'S SURGICAL FOUNDATION INC UNTIL 123124 225 E CHICAGO AVE CHICAGO IL 60611 831650513 HLTH CRE/RSCH IL 501(c)(3) 3 MEDICAL CTR true LURIE CHILDRENS CIN LLC 225 E CHICAGO AVE CHICAGO IL 60611 901025439 CONTRACTING SVCS IL NA false true 0.94222 CMMC INSURANCE CO LTD 225 E CHICAGO AVE CHICAGO IL 60611 981049532 SELF INSURANCE MEDICAL CTR C Corporation 1 true false false true false false false false false false false true false false false true true false false true ANN & ROBERT H LURIE CHILDREN'S HOSPITAL OF CHICAGO C 18436797 COST ANN & ROBERT H LURIE CHILDREN'S HOSPITAL OF CHICAGO O 514195000 COST CMMC INSURANCE CO LTD S 7239100 COST