Children's Miracle Network

Children'S Miracle Network Hospitals

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

EIN: 870387205 ✦ Salt lake city, UT ✦ Designated as a 501(c)(3)

Overview

What is Children's Miracle Network?

Children's Miracle Network is a nonprofit organization committed to saving children's lives by raising funds and awareness for children's hospitals across North America. They are unique as the donated funds remain within the community and are allocated according to each hospital's needs. In 2022, they raised over $421 million and distributed these discretionary funds to member hospitals, supporting their most pressing healthcare needs. The 170 member hospitals provide medical care to over 10 million children each year, focusing on highly specialized care for complex and rare conditions. The funds raised in 2022 went towards advancement services, charitable care, education, equipment, patient services, and research. Through these initiatives, Children's Miracle Network leads to successful outcomes for patients and families.


Official website here: www.childrensmiraclenetworkhospitals.org

Is Children's Miracle Network legitimate?

Children's Miracle Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Miracle Network 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: $2,958,442
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,112,567

For more financial information, click here


Official website here: www.childrensmiraclenetworkhospitals.org

What is the mission statement of Children's Miracle Network?

Children's Miracle Network is a non-profit organization dedicated to saving children's lives by raising funds and awareness for children's hospitals across North America. The unique aspect of this network is that the funds raised remain within the local community where they are donated, and hospitals determine the best allocation for the funds. In 2022, the network raised over $421 million, primarily for advancement services, charitable care, education, equipment, patient services, and research. These funds help provide essential medical care, education initiatives, equipment needs, and patient services to children and their families. In 2022, Children's Miracle Network hospitals provided medical care to more than 10 million children through over 32 million patient visits, making a significant impact on children's healthcare needs.


Official website here: www.childrensmiraclenetworkhospitals.org

Who is the CEO of Children's Miracle Network?

Teri Nestel is the President & Ceo of Children's Miracle Network. The CEO's salary of Children's Miracle Network is $651,326 and their total compensation is $908,983.


Official website here: www.childrensmiraclenetworkhospitals.org

What is the revenue of Children's Miracle Network?

Children's Miracle Network's revenue in 2022 was $46,163,947.


Official website here: www.childrensmiraclenetworkhospitals.org

Who are the executives of Children's Miracle Network and what are their salaries?

The average compensation at Children's Miracle Network during 2022 was $83,277. There are 217 employees and 50 volunteers at Children's Miracle Network.

Here are 34 key members and their salaries (Children's Miracle Network's CEO's salary is $651,326 and their total compensation is $908,983):

    Teri Nestel (President & Ceo)
  • Compensation: $651,326
  • Related: $0
  • Other: $257,657

    • Clark Sweat (Chief Operations Officer)
  • Compensation: $438,462
  • Related: $0
  • Other: $179,061

    • Maureen Carlson (Chief Program Officer)
  • Compensation: $530,440
  • Related: $0
  • Other: $60,772

    • Frances Fu (Chief Financial Officer)
  • Compensation: $336,258
  • Related: $0
  • Other: $147,458

    • John Andrew Sjoblom (General Counsel Legal)
  • Compensation: $242,368
  • Related: $0
  • Other: $114,642

    • Kristen Schavemaker (Svp Community Operations)
  • Compensation: $237,882
  • Related: $0
  • Other: $109,818

    • Anthony Rehmer (Svp Information Services)
  • Compensation: $218,865
  • Related: $0
  • Other: $126,937

    • Shirley Rogers (Svp Diversity & Inclusion)
  • Compensation: $236,421
  • Related: $0
  • Other: $91,898

    • Roger Cook (Senior Director, Programs)
  • Compensation: $241,967
  • Related: $0
  • Other: $74,646

    • Staci Cross (Vp Community Operations)
  • Compensation: $170,585
  • Related: $0
  • Other: $61,064

    • Rick Merrill (Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nana Mensah (Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Joers (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Cripe (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenny Love Meyer (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Mischler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Bozard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Nicklaus (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Rum (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karisa Sprague (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Thomas (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pearl Veenema (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marie Osmond (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Doliner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brett Hutchens (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Kennedy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenn Plumby (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Frieson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip Salerno Iii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grant Stirling (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenda Fleming Willis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Cheney (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kane Calamari (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elias Neujahr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.childrensmiraclenetworkhospitals.org

    Where can I find the form 990 for Children's Miracle Network?

    The Children's Miracle Network’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.childrensmiraclenetworkhospitals.org

    Learn more at the official website: www.childrensmiraclenetworkhospitals.org

    Mission Statement of Children's Miracle Network

    Children's Miracle Network, a renowned organization with the mission to save kids' lives, raises funds and awareness for children's hospitals across North America. By supporting local communities, this network ensures that donations directly benefit the children in need. The unique structure of Children's Miracle Network allows hospitals to determine the best allocation of funds based on their current and future needs.

    The combined efforts of Children's Miracle Network and its partners raised over $421 million in 2022 to help children who receive care at member hospitals. These donations are distributed as discretionary funds, enabling hospitals to address the most critical healthcare needs within their communities. With 170 member hospitals across the United States and Canada, Children's Miracle Network hospitals provide medical care to more than 10 million children annually through over 32 million patient visits.

    The organization's efforts have led to significant advancements in children's healthcare, raising funds for construction and capital expenditures to improve treatment and care facilities. Children's Miracle Network hospitals also support charitable care initiatives, which help families with medical bills and other expenses when they need it most. Education is another area of focus, with funds raised to support children's hospitals' educational initiatives ranging from car seat safety classes to community health and wellness programs.

    Equipment is essential for children's hospitals, often needing to be customized for each child's size and age, resulting in substantial expenses. Children's Miracle Network hospitals raised over $109 million in 2022 to support equipment needs. Patient services, which include physical, mental, and emotional care, are critical roles within a children's hospital and are often dependent on philanthropy. Art and pet therapy, counseling, and outdoor gardens are just a few examples of patient care services supported by Children's Miracle Network.

    Innovative research is transforming pediatric healthcare, and Children's Miracle Network hospitals contributed $29 million in 2022 to support these efforts. By combining their resources and expertise, Children's Miracle Network hospitals continue to improve outcomes and treatments for patients, ensuring a brighter future for children across North America.

    Impact

    This information is meant to be a general summary of Children's Miracle Network. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Children's Miracle Network Hospitals have a significant impact on children's healthcare across North America. By raising funds and awareness for children's hospitals, they play a crucial role in saving the lives of young patients. The funds raised by Children's Miracle Network Hospitals are distributed to member hospitals, where they address critical healthcare needs in local communities.

    In 2022, the combined efforts of Children's Miracle Network Hospitals and their partners raised over $421 million to support children receiving care at member hospitals. These funds are used for various purposes such as advancement services, charitable care, education, equipment, patient services, and research.

    Through their initiatives, Children's Miracle Network Hospitals provide medical care to more than 10 million children annually, through over 32 million patient visits. These hospitals offer specialized care for children with complex conditions, in addition to routine and emergency cases.

    Moreover, Children's Miracle Network Hospitals' donations have supported a wide range of services, including construction and capital expenditures for advancement services, patient care for children and families in need, education initiatives, equipment needs, patient services, and research efforts. Their impact extends beyond funding, shaping the future of pediatric healthcare and improving outcomes for young patients.





    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: $1,155,342
  • Program Service Revenue: $35,820,776
  • Gross Receipts: $54,595,443

    • Assets and Liabilities:
  • Total Assets: $135,666,986
  • Total Liabilities: $81,942,294
  • Net Assets: $53,724,692
  • Programs

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

    HOSPITAL FEES

    Revenue

    $30,529,929

    DIRECT MAIL FEES

    Revenue

    $5,094,405

    REGISTRATION FEES

    Revenue

    $196,442

    Organization Details

    Founding Year

    1982

    Principal Officer

    Teri Nestel

    Main Address

    205 WEST 700 SOUTH, SALT LAKE CITY, UT, 84101

    NTEE Category

    Code: E86 - Health

    If you are a representative of Children's Miracle Network and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.