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Chmc Otolaryngologic Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042751258 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Chmc Otolaryngologic Foundation Inc?

The Chmc Otolaryngologic Foundation Inc is a Boston-based nonprofit organization, located at 300 Longwood Avenue, with a team of 19 individuals. Their primary mission is to provide essential otolaryngology services to patients at Boston Children's Hospital and satellite locations. They offer these services while ensuring that any net income is dedicated to their charitable, scientific, and educational purposes. Patient care and medical services, regardless of the patients' ability to pay, are a top priority. Additionally, the Foundation supports and subsidizes hospital and community-based services that may be unavailable or limited elsewhere. By offering these services, the Foundation aims to make a significant impact in the field of otolaryngology, through both patient care and research and education.


Is Chmc Otolaryngologic Foundation Inc legitimate?

Chmc Otolaryngologic Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chmc Otolaryngologic Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $7,513,031
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,731,375

For more financial information, click here


What is the mission statement of Chmc Otolaryngologic Foundation Inc?
Who is the CEO of Chmc Otolaryngologic Foundation Inc?
What is the revenue of Chmc Otolaryngologic Foundation Inc?
Who are the executives of Chmc Otolaryngologic Foundation Inc and what are their salaries?
Where can I find the form 990 for Chmc Otolaryngologic Foundation Inc?

Mission Statement of Chmc Otolaryngologic Foundation Inc

Chmc Otolaryngologic Foundation Inc is a charitable organization dedicated to delivering otolaryngology services primarily at Boston Children's Hospital and its satellite locations. The Foundation goes beyond just providing healthcare, extending its reach to individuals who cannot afford to pay for their treatments. In addition, it supports and subsidizes hospital and community-based services that are otherwise unavailable or limited in the area.

At the heart of Chmc Otolaryngologic Foundation Inc's mission lies the pursuit of medical research and education in the field of otolaryngology. The Foundation supports the learning of students and other medical and scientific personnel by teaching them essential skills and knowledge. By carrying on and promoting research in this field, the organization contributes to the advancement of medical science and the improvement of patient care.

Impact

This information is meant to be a general summary of Chmc Otolaryngologic Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Chmc Otolaryngologic Foundation Inc's impact is primarily focused on providing otolaryngology services to patients, particularly at Boston Children's Hospital and its satellite locations. The foundation ensures that patients receive care regardless of their ability to pay, making these essential medical services accessible to all. Additionally, the foundation subsidizes hospital and community-based services that may be unavailable or limited elsewhere in the community. By conducting and promoting basic and applied medical research, as well as educating students and medical personnel in the field of otolaryngology, the foundation contributes to advancing healthcare practices and improving patient outcomes.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,369,653
  • Program Service Revenue: $28,372,718
  • Gross Receipts: $37,812,612

    • Assets and Liabilities:
  • Total Assets: $53,866,529
  • Total Liabilities: $15,108,814
  • Net Assets: $38,757,715
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Patient service revenue

    Revenue

    $28,784,829

    Education and research

    Revenue

    $178,968

    Research revenue

    Revenue

    $9,130

    Clinical and other

    Revenue

    $-600,209

    Organization Details

    Founding Year

    1982

    Principal Officer

    Michael J Cunninghammd

    Main Address

    300 Longwood Avenue, Boston, MA, 02115

    NTEE Category

    Code: E70 - Health

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