2025-08-06T10:46:48-05:00 2024-09-30 WithumSmithBrown PC 200 Jefferson Park Suite 400 Whippany NJ 079811070 990 2023-10-01 222619876 CCMC CORPORATION % BRIDGETT FEAGIN CCMC 8605459000 282 WASHINGTON STREET HARTFORD CT 06106 BRIDGETT FEAGIN EVP/CFO 8608375987 2025-05-15 true true SCOTT J MARIANI P00642486 9738989494 2023 2025-03-06 01:10:19Z JAMES E SHMERLING DHA FACHE 282 WASHINGTON STREET HARTFORD CT 06106 322320 false X WWW.CONNECTICUTCHILDRENS.ORG X 1985 CT TO BENEFIT, PERFORM THE FUNCTIONS OF, CARRY OUT THE PURPOSES OF, UPHOLD, PROMOTE AND FURTHER THE GOALS, WELFARE, PROGRAMS AND ACTIVITIES OF CT CHILDREN'S MEDICAL CENTER. 21 18 0 0 0 0 0 0 0 322320 504736 0 0 0 504736 322320 0 0 0 0 0 0 0 0 0 267124 277877 267124 277877 237612 44443 6531835 12205129 5956012 11584863 575823 620266 X TO BENEFIT, PERFORM THE FUNCTIONS OF, CARRY OUT THE PURPOSES OF, UPHOLD, PROMOTE AND FURTHER THE GOALS, WELFARE, PROGRAMS AND ACTIVITIES OF CONNECTICUT CHILDREN'S MEDICAL CENTER ("CONNECTICUT CHILDREN'S") BY: (1) INITIATING, DEVELOPING, RECOMMENDING AND IMPLEMENTING GOALS AND PRIORITIES FOR NEW OR EXPANDED PROGRAMS FOR THE BENEFIT OF CONNECTICUT CHILDREN'S SERVICE TO THE COMMUNITY IT SERVES; (2) DEVELOPING, EVALUATING, MAINTAINING AND REVISING PLANS FOR EFFECTIVE CONDUCT OF PROGRAMS AND UTILIZATION OF FACILITIES OF CONNECTICUT CHILDREN'S AS COMMUNITY CIRCUMSTANCES WARRANT; (3) EXAMINING, EVALUATING AND MAKING RECOMMENDATIONS REGARDING NEEDS AND OPPORTUNITIES FOR ACQUISITION OF PROPERTIES OR CONSTRUCTION OF FACILITIES BY OR FOR THE USE OF CONNECTICUT CHILDREN'S; (4) PLANNING FOR ACQUISITION AND PLACEMENT OF NEW FACILITIES AND EQUIPMENT BY OR FOR THE USE OF CONNECTICUT CHILDREN'S; AND (5) CONDUCTING PUBLIC RELATIONS ACTIVITIES ON BEHALF OF CONNECTICUT CHILDREN'S, SOLICITING AND RECEIVING false false 0 0 322320 EXPENSES INCURRED IN INITIATING, DEVELOPING, RECOMMENDING, SUPPORTING AND CARRYING OUT THE GOALS AND PRIORITIES FOR NEW AND EXPANDED PROGRAMS FOR THE BENEFIT OF CONNECTICUT CHILDREN'S MEDICAL CENTER; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT HOSPITAL ORGANIZATION, AND ALL RELATED AFFILIATES. PLEASE REFER TO SCHEDULE O FOR THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT. 0 true false false false false false false false false false false false true true true true false true false true 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 false false true 0 0 0 false true BD false false false false false false false false false false X 21 18 false false false false false true true true true false false true true true true true true true true false X BRIDGETT FEAGIN 8608375987 282 WASHINGTON STREET HARTFORD CT 06106 X JAMES E SHMERLINGDHAFACHE Director - President/CEO 55.0 0.0 X X 0 1961111 46672 Robert E Duncan EVP Chief Operating Officer 55.0 0.0 X 0 862162 157369 Bridgett Feagin MBA Treasurer - EVP/CFO 55.0 0.0 X 0 847727 138590 Nicole Murray-Posner MD Dir - Pres Med Staff 55.0 0.0 X 0 551455 33122 Jonathan Rubin Chairman - Director 1.0 0.0 X X 0 0 0 Jeffrey P Klenk Vice Chairman - Director 1.0 0.0 X X 0 0 0 Tina Brown-Stevenson Secretary - Director 1.0 0.0 X X 0 0 0 Andrea Balogh Director 1.0 0.0 X 0 0 0 Scott Braunstein Director 1.0 0.0 X 0 0 0 Shari G Cantor Director; Ex-Officio 1.0 0.0 X 0 0 0 Frank Ferrucci Director 1.0 0.0 X 0 0 0 Christopher Holley Director 1.0 0.0 X 0 0 0 Preston Kodak III Director 1.0 0.0 X 0 0 0 Dorothy Levine MD Director 1.0 0.0 X 0 0 0 Burke Magnus Director 1.0 0.0 X 0 0 0 Otis Maynard Director 1.0 0.0 X 0 0 0 Stephen Miller Director 1.0 0.0 X 0 0 0 CARLOS MOUTA Director 1.0 0.0 X 0 0 0 Michelle Murphy Director 1.0 0.0 X 0 0 0 David M Roth Esq Director; Ex-Officio 1.0 0.0 X 0 0 0 Jennifer Schwab MD Director 1.0 0.0 X 0 0 0 Steven Solecki Director 1.0 0.0 X 0 0 0 TINA ST PIERRE Director 1.0 0.0 X 0 0 0 JAMES W FANELLI CFP Director (TERM 12/31/2023) 1.0 0.0 X 0 0 0 ANDREW ZEITLIN DIRECTOR (TERM 12/31/2023) 1.0 0.0 X 0 0 0 0 4222455 375753 0 false true false 0 0 OTHER HEALTHCARE RELATED REVENUE 622310 322320 322320 322320 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 322320 322320 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ALLOCATION OF PERSONNEL COST 277877 0 277877 0 277877 0 277877 0 207926 133071 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 881000 881000 0 0 5442909 11191058 6531835 12205129 0 66553 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5956012 11518310 5956012 11584863 X 575823 620266 0 0 575823 620266 6531835 12205129 44443 X X false true X true false X X 5 CONNECTICUT CHILDREN'S MEDICAL CENTER 060646755 3 true 0 0 CONNECTICUT CHILDREN'S FOUNDATION INC 222619869 7 false 0 0 CCMC AFFILIATES INC 222619870 10 false 0 0 CONNECTICUT CHILDREN'S SPECIALTY GROUP INC 061446900 10 false 0 0 CHILDREN'S HEALTH & DEVELOPMENT INSTITUTE INC 061504725 7 false 0 0 5 0 0 false false false false false false false false false false false false false false false true false SCHEDULE A, PART IV, SECTION A, QUESTION 1 CCMC CORPORATION WAS INCORPORATED ON JUNE 1, 1985, AS A NOT-FOR-PROFIT ORGANIZATION UNDER THE NON-STOCK CORPORATION ACT OF THE STATE OF CONNECTICUT. IT IS THE TAX-EXEMPT PARENT ENTITY OF CCMC CORPORATION AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM. CCMC CORPORATION IS THE SOLE MEMBER OF CONNECTICUT CHILDREN'S MEDICAL CENTER ("CONNECTICUT CHILDREN'S"); A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION THAT PROVIDES MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL CHILDREN IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY. CCMC CORPORATION WAS ORGANIZED FOR THE PURPOSE OF BENEFITING, CARRYING OUT THE PURPOSES OF, AND UPHOLDING, PROMOTING AND FURTHERING THE WELFARE, PROGRAMS AND ACTIVITY OF CONNECTICUT CHILDREN'S. IN SECTION 2(A), PURPOSE, OF THE ORGANIZATION'S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION IT STATES THAT THE NATURE OF THE ACTIVITIES TO BE CONDUCTED, OR THE PURPOSES TO BE PROMOTED AND FURTHER THE GOALS, WELFARE, PROGRAMS AND ACTIVITIES OF CONNECTICUT CHILDREN'S. ALL OF CCMC CORPORATION'S SUPPORTED ORGANIZATIONS ARE NOT LISTED BY NAME IN THE ORGANIZATION'S GOVERNING DOCUMENTS. IN ACCORDANCE WITH EACH SUBSIDARY ORGANIZATION'S MISSION, THE PURPOSES OF EACH IS TO SUPPORT THE OVERALL MISSION OF CONNECTICUT CHILDREN'S IN PROVIDING MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL CHILDREN IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY, IN VARIOUS WAYS. CCMC CORPORATION SUPPORTS ALL OF ITS SUBSIDARIES BY VIRTUE OF THE FACT THAT IT ACTS AS THE PARENT ENTITY OF THE HEALTHCARE SYSTEM AND THE SOLE MEMBER OF CONNECTICUT CHILDREN'S. CCMC CORPORATION SUPPORTS ALL AFFILIATES INCLUDED IN SCHEDULE A, PART I, LINE 11G REGARDLESS OF WHETHER THEY ARE INCLUDED IN CCMC CORPORATION'S ORGANIZING DOCUMENTS AS A SUPPORTED ORGANIZATION. INVESTMENT IN SUBSIDIARIES 881000 F 881000 DUE FROM AFFILIATED ENTITIES 11191058 11191058 0 DUE TO AFFILIATED ENTITIES 11518310 11518310 X SCHEDULE D, PART X, QUESTION 2 THE ORGANIZATION IS THE TAX-EXEMPT PARENT ENTITY OF CCMC CORPORATION AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"). THE SYSTEM ISSUES AUDITED CONSOLIDATED FINANCIAL STATEMENTS WHICH INCLUDE ALL RELATED ENTITIES; INCLUDING THIS ORGANIZATION. THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS ALSO CONTAIN CONSOLIDATING SCHEDULES ON AN ENTITY BY ENTITY BASIS. THE FOLLOWING FOOTNOTE IS INCLUDED IN THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2024 AND SEPTEMBER 30, 2023 THAT REPORTS THE SYSTEM'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740): "THE CORPORATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT HAS DETERMINED THAT THERE WERE NO MATERIAL TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2024 AND 2023." Central America and the Caribbean 0 0 Investments 32547284 0 0 0 0 32547284 32547284 false false true false false false X X X X false true false false false true true true false JAMES E SHMERLINGDHAFACHE Director - President/CEO 0 1111498 0 602941 0 246672 0 19300 0 27372 0 2007783 0 224136 Robert E Duncan EVP Chief Operating Officer 0 630145 0 206885 0 25132 0 120086 0 37283 0 1019531 0 0 Bridgett Feagin MBA Treasurer - EVP/CFO 0 621235 0 202584 0 23908 0 118507 0 20083 0 986317 0 0 Nicole Murray-Posner MD Dir - Pres Med Staff 0 511931 0 5456 0 34068 0 33122 0 0 0 584577 0 14661 CORE FORM, PART VII AND SCHEDULE J TAXABLE COMPENSATION REPORTED HEREIN IS DERIVED FROM 2023 FORMS W-2. SCHEDULE J, PART I; QUESTION 3 EACH YEAR, AN INDEPENDENT COMPENSATION CONSULTANT CONDUCTS A MARKET ANALYSIS OF CONNECTICUT CHILDREN'S MEDICAL CENTER'S ("CONNECTICUT CHILDREN'S") PRESIDENT/CHIEF EXECUTIVE OFFICER, OFFICERS AND OTHER KEY EMPLOYEES. TO AUGMENT THEIR PROPRIETARY AND OTHER DATA TO WHICH THEY HAVE ACCESS, CONNECTICUT CHILDREN'S PROVIDES THE DATA RESULTS FROM SALARY SURVEYS IN WHICH CONNECTICUT CHILDREN'S PARTICIPATES. THE ANALYSIS AND PRESENTATION OF THE DATA IS PRESENTED BY THE INDEPENDENT COMPENSATION CONSULTANT TO THE PRESIDENT/CHIEF EXECUTIVE OFFICER AND THE MEMBERS OF THE EXECUTIVE COMMITTEE OF THE CONNECTICUT CHILDREN'S BOARD OF DIRECTORS. ANNUALLY THE PRESIDENT/CHIEF EXECUTIVE OFFICER AND THE BOARD OF DIRECTORS THEN REVIEW AND DISCUSS SALARY RECOMMENDATIONS FOR THE OFFICERS AND OTHER KEY EMPLOYEES AND SIGN OFF ON THE FINAL RECOMMENDATIONS. CONNECTICUT CHILDREN'S EXECUTIVE COMMITTEE MEETS INDEPENDENTLY WITH THE PRESIDENT/CHIEF EXECUTIVE OFFICER TO DISCUSS HIS INDIVIDUAL PERFORMANCE. FOLLOWING THE PERFORMANCE EVALUATION, A SALARY RECOMMENDATION IS MADE AND COMMUNICATED TO THE SENIOR VICE PRESIDENT OF HUMAN RESOURCES TO AUTHORIZE PROCESSING. SCHEDULE J, PART I; QUESTION 4B THE AMOUNTs REFLECTED IN SCHEDULE J, PART II, COLUMN B(III) FOR THE FOLLOWING INDIVIDUALs INCLUDE A CURRENT YEAR VESTING IN AN INTERNAL REVENUE CODE SECTION 457(F) PLAN (NON-QUALIFIED DEFERRED COMPENSATION PLAN) AS THE AMOUNTs were NO LONGER SUBJECT TO A SUBSTANTIAL RISK OF COMPLETE FORFEITURE. THE AMOUNTs OUTLINED HEREIN were NOT INCLUDED IN each INDIVIDUAL'S 2023 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES: JAMES E. SHMERLING, DHA, FACHE, $224,136 and NICOLE MURRAY-POSNER, M.D., $14,661. THE DEFERRED COMPENSATION AMOUNT REFLECTED IN SCHEDULE J, PART II, COLUMN C FOR THE FOLLOWING INDIVIDUALS INCLUDES UNVESTED BENEFITS IN AN INTERNAL REVENUE CODE SECTION 457(F) PLAN (NON-QUALIFIED DEFERRED COMPENSATION PLAN) WHICH ARE SUBJECT TO A SUBSTANTIAL RISK OF COMPLETE FORFEITURE. ACCORDINGLY, THE INDIVIDUALS MAY NEVER ACTUALLY RECEIVE THIS UNVESTED BENEFIT AMOUNT. THE AMOUNTS OUTLINED HEREIN WERE NOT INCLUDED IN EACH INDIVIDUAL'S 2023 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES: ROBERT E. DUNCAN, $103,836; BRIDGETT FEAGIN, MBA, $102,257 AND NICOLE MURRAY-POSNER, M.D., $13,822. SCHEDULE J, PART I; QUESTIONS 6A & 6B THE ORGANIZATION IS AN AFFILIATE WITHIN CCMC CORPORATION AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM. THE ORGANIZATION'S BOARD OF DIRECTORS HAS AN EXECUTIVE COMPENSATION COMMITTEE ("COMMITTEE"). ACCORDINGLY, THE ORGANIZATION'S COMMITTEE MAY ELECT TO MAKE INCENTIVE AWARDS IN ITS SOLE DISCRETION. IF THE COMMITTEE ELECTS TO MAKE SUCH INCENTIVE AWARDS, THE AMOUNT OF AN ELIGIBLE EMPLOYEE'S INCENTIVE AWARD IS BASED GENERALLY UPON THE FOLLOWING CRITERIA: - CCMC CORPORATION ACHIEVING THRESHOLD FOR THE FINANCIAL GOALS, OTHERWISE NO INCENTIVE WILL BE PAID; - INDIVIDUAL AND CORPORATION PERFORMANCE AND WHETHER THE LEVEL OF PERFORMANCE ACHIEVED IS AT THRESHOLD, TARGET, OR STRETCH; AND - THE PERCENTAGE OF THE AWARD COMPRISED OF CORPORATION VERSUS INDIVIDUAL PERFORMANCE. THE COMPENSATION FOR CERTAIN INDIVIDUALS INCLUDED IN SCHEDULE J, PART II OF THIS FORM 990 CONSIST OF BOTH A FIXED SALARY AND ADDITIONAL AT-RISK INCENTIVE COMPENSATION. SCHEDULE J, PART I; QUESTION 7 IF THE COMPENSATION COMMITTEE ELECTS TO MAKE INCENTIVE AWARDS, THESE AWARDS ARE TO BE PAID NO LATER THAN TWO AND ONE-HALF MONTHS AFTER THE END OF THE FISCAL OR CALENDAR YEAR, WHICHEVER IS LATER, AFTER WHICH THE AMOUNT OF SUCH AWARDS ARE DETERMINED. THEREFORE, IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS, RULES AND REGULATIONS, CERTAIN INDIVIDUALS INCLUDED IN SCHEDULE J, PART II RECEIVED INCENTIVE AWARDS DURING CALENDAR YEAR 2023 WHICH AMOUNTS WERE INCLUDED IN COLUMN B(II) HEREIN AND IN EACH INDIVIDUAL'S 2023 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. PLEASE REFER TO THIS SECTION OF THE FORM 990, SCHEDULE J FOR THIS INFORMATION BY PERSON BY AMOUNT. SCHEDULE J, PART II; COLUMN F THE AMOUNTS REPORTED IN SCHEDULE J, PART II, COLUMN (F) INCLUDE AMOUNTS REPORTED ON PRIOR YEARS' FORMS 990 IN SCHEDULE J, PART II, EITHER IN COLUMN (B)(III) AS FORM W-2, BOX 5, TAXABLE MEDICARE WAGES OR IN COLUMN (C) AS NON TAXABLE UNVESTED DEFERRED COMPENSATION THAT IS NOW BEING REPORTED AGAIN ON THIS YEAR'S FORM 990. CORE FORM, PART III; STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS THE CONNECTICUT CHILDREN'S CENTER FOR GLOBAL HEALTH IS DEDICATED TO IMPROVING THE PHYSICAL AND EMOTIONAL HEALTH OF CHILDREN AROUND THE WORLD BY SUPPORTING OUR STAFF AND FACULTY IN THEIR ACTIVITIES TO BUILD THE CAPACITY OF NURSES, PHYSICIANS AND OTHER LEATHCARE PROVIDERS IN DEVELOPING COUNTRIES. THE CENTER FOR GLOBAL HEALTH TEAM HELPS TO DEVELOP LONG-TERM STRATEGIES TO INCREASE THE CAPACITY OF LOCAL HEALTHCARE PROVIDERS, SERVES AS CONSULTANTS FOR CHILDREN WITH ADVANCED AND COMPLEX DISEASES, SECURE AND PROVIDE EDUCATION REGARDING THE NECESSITY FOR CLEAN DRINKING WATER, EDUCATE MEDICAL PERSONNEL TO IMPROVE NEWBORN MORTALITY RATES, PROVIDE MEDICAL AND SURGICAL CARE, PERFORM CARDIAC SURGERY, TREATS HIV, ESTABLISH PROGRAMS FOR CHILDREN WITH INSULIN-DEPENDENT DIABETES, AND REPAIR CLEFT LIPS. CORE FORM, PART V; QUESTION 15 JAMES E. SHMERLING, DHA, FACHE IS A VOTING MEMBER AND OFFICER OF THE ORGANIZATION'S BOARD OF DIRECTORS; AN UNCOMPENSATED POSITION. MR. SHMERLING IS INVOLVED IN THE LEADERSHIP AND MANAGEMENT OF A RELATED ORGANIZATION ON A FULL TIME BASIS. ADDITIONALLY, HE IS EMPLOYED AND RECEIVES A FORM W-2 FROM THIS RELATED ORGANIZATION. HIS COMMON LAW EMPLOYER/EMPLOYEE RELATIONSHIP IS WITH CONNECTICUT CHILDREN'S MEDICAL CENTER (EIN: 06-0646755). ACCORDINGLY, CONNECTICUT CHILDREN'S MEDICAL CENTER FILED A 2023 FEDERAL FORM 4720 WHICH INCLUDED A REMITTANCE OF EXCISE TAX RELATED TO MR. SHMERLING'S COMPENSATION IN EXCESS OF $1m. CORE FORM, PART VI, SECTION B; QUESTION 11B THE ORGANIZATION IS THE TAX-EXEMPT PARENT ENTITY OF CCMC CORPORATION AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM") WHICH INCLUDES CONNECTICUT CHILDREN'S MEDICAL CENTER ("CONNECTICUT CHILDREN'S"). THE ORGANIZATION'S FEDERAL FORM 990 WAS PROVIDED TO EACH VOTING MEMBER OF ITS GOVERNING BODY (ITS BOARD OF DIRECTORS) PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE ("IRS"). IN ADDITION, CONNECTICUT CHILDREN'S FINANCE AND AUDIT COMMITTEE ASSUMES THE RESPONSIBILITY TO OVERSEE AND COORDINATE THE FEDERAL FORM 990 PREPARATION, REVIEW AND FILING PROCESS. AS PART OF THE ORGANIZATION'S FEDERAL FORM 990 TAX RETURN PREPARATION PROCESS THE ORGANIZATION HIRED A PROFESSIONAL CERTIFIED PUBLIC ACCOUNTING ("CPA") FIRM WITH EXPERIENCE AND EXPERTISE IN BOTH HEALTHCARE AND NOT-FOR-PROFIT TAX RETURN PREPARATION TO PREPARE THE FEDERAL FORM 990. THE CPA FIRM'S TAX PROFESSIONALS WORKED CLOSELY WITH THE SYSTEM'S FINANCE PERSONNEL INCLUDING THE EXECUTIVE VICE PRESIDENT/CHIEF FINANCIAL OFFICER, CORPORATE CONTROLLER, ACCOUNTING MANAGER AND VARIOUS OTHER INDIVIDUALS ("INTERNAL WORKING GROUP") TO OBTAIN THE INFORMATION NEEDED IN ORDER TO PREPARE A COMPLETE AND ACCURATE TAX RETURN. THE CPA FIRM PREPARED A DRAFT FEDERAL FORM 990 AND FURNISHED IT TO THE SYSTEM'S INTERNAL WORKING GROUP FOR REVIEW. THE SYSTEM'S INTERNAL WORKING GROUP REVIEWED THE DRAFT FEDERAL FORM 990 AND DISCUSSED QUESTIONS AND COMMENTS WITH THE CPA FIRM. REVISIONS WERE MADE TO THE DRAFT FEDERAL FORM 990 WHERE NECESSARY AND A FINAL DRAFT WAS FURNISHED BY THE CPA FIRM TO THE SYSTEM'S INTERNAL WORKING GROUP FOR FINAL REVIEW AND APPROVAL. THE FORM 990 WAS THEN PROVIDED TO EACH VOTING MEMBER OF THIS ORGANIZATION'S GOVERNING BODY PRIOR TO FILING WITH THE IRS. CORE FORM, PART VI, SECTION B; QUESTION 12 THE ORGANIZATION IS THE TAX-EXEMPT PARENT ENTITY OF CCMC CORPORATION AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM") WHICH INCLUDES CONNECTICUT CHILDREN'S MEDICAL CENTER ("CONNECTICUT CHILDREN'S"). THE ORGANIZATION AND SYSTEM REGULARLY MONITOR AND ENFORCE COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. ANNUALLY ALL MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS AND SENIOR MANAGEMENT PERSONNEL ARE REQUIRED TO REVIEW THE EXISTING CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE. THE CONNECTICUT CHILDREN'S MEDICAL CENTER CORPORATE COMPLIANCE/CONFLICT OF INTEREST COMMITTEE ("COMMITTEE") HAS OVERSIGHT OVER THE MANAGEMENT OF IDENTIFIED OR REPORTED CASES OF CONFLICTS OF INTEREST. THE COMMITTEE IS ALSO RESPONSIBLE FOR DEVELOPING, APPROVING, AND IMPLEMENTING, AS APPROPRIATE, POLICIES AND EDUCATION RELATING TO VARIOUS TYPES OF CONFLICTS OF INTEREST. THE COMMITTEE HAS DELEGATED THE DAY TO DAY INVESTIGATION OF DISCLOSURES TO THE SYSTEM'S GENERAL COUNSEL AND DIRECTOR OF COMPLIANCE. COMPLETED QUESTIONNAIRES ARE RETURNED TO THE SYSTEM'S GENERAL COUNSEL, WHO PERFORMS AN INITIAL SCREENING OF THE CONFLICT OF INTEREST DISCLOSURES. IF POTENTIAL CONFLICTS OF INTERESTS ARE REPORTED, GENERAL COUNSEL COMPLETES FURTHER INVESTIGATION AND RECOMMENDS A MANAGEMENT PLAN OR OTHER CORRECTIVE ACTIONS TO THE COMMITTEE. CORE FORM, PART VI, SECTION B; QUESTION 15 THE ORGANIZATION IS THE TAX-EXEMPT PARENT ENTITY OF CCMC CORPORATION AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM") WHICH INCLUDES CONNECTICUT CHILDREN'S MEDICAL CENTER ("CONNECTICUT CHILDREN'S"). THIS FILING ORGANIZATION ITSELF HAS NO PAID SENIOR MANAGEMENT PERSONNEL RECEIVING COMPENSATION DIRECTLY FROM THIS ORGANIZATION. RATHER, KEY SENIOR MANAGEMENT PERSONNEL ARE EMPLOYED BY CONNECTICUT CHILDREN'S. HOWEVER, THE COMPENSATION AND BENEFITS OF THESE INDIVIDUALS ARE SHOWN ON THIS TAX RETURN BECAUSE THEY ARE EITHER DIRECTORS OR OFFICERS OF THIS ORGANIZATION. ACCORDINGLY, CONNECTICUT CHILDREN'S BOARD OF DIRECTORS HAS AN EXECUTIVE COMPENSATION COMMITTEE ("COMMITTEE"). THE COMMITTEE HAS ADOPTED A WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY WHICH IT FOLLOWS WHEN IT REVIEWS AND APPROVES OF THE COMPENSATION AND BENEFITS OF CONNECTICUT CHILDREN'S SENIOR MANAGEMENT. THE COMMITTEE REVIEWS THE "TOTAL COMPENSATION" OF THE INDIVIDUALS WHICH IS INTENDED TO INCLUDE BOTH CURRENT AND DEFERRED COMPENSATION AND ALL EMPLOYEE BENEFITS, BOTH QUALIFIED AND NON-QUALIFIED. THE COMMITTEE'S REVIEW IS DONE ON AT LEAST AN ANNUAL BASIS AND ENSURES THAT THE "TOTAL COMPENSATION" OF SENIOR MANAGEMENT OF THE ORGANIZATION IS REASONABLE. THE ACTIONS TAKEN BY THE COMMITTEE ENABLE THE ORGANIZATION TO RECEIVE THE REBUTTABLE PRESUMPTION OF REASONABLENESS FOR PURPOSES OF INTERNAL REVENUE CODE SECTION 4958 WITH RESPECT TO THE TOTAL COMPENSATION OF CERTAIN MEMBERS OF THE SENIOR MANAGEMENT TEAM. THE THREE FACTORS WHICH MUST BE SATISFIED IN ORDER TO RECEIVE THE REBUTTABLE PRESUMPTION OF REASONABLENESS ARE THE FOLLOWING: 1. THE COMPENSATION ARRANGEMENT IS APPROVED IN ADVANCE BY AN "AUTHORIZED BODY" OF THE APPLICABLE TAX-EXEMPT ORGANIZATION WHICH IS COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A "CONFLICT OF INTEREST" WITH RESPECT TO THE COMPENSATION ARRANGEMENT; 2. THE AUTHORIZED BODY OBTAINED AND RELIED UPON "APPROPRIATE DATA AS TO COMPARABILITY" PRIOR TO MAKING ITS DETERMINATION; AND 3. THE AUTHORIZED BODY "ADEQUATELY DOCUMENTED THE BASIS FOR ITS DETERMINATION" CONCURRENTLY WITH MAKING THAT DETERMINATION. THE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD OF DIRECTORS EACH OF WHO ARE INDEPENDENT AND ARE FREE FROM ANY CONFLICTS OF INTEREST. THE COMMITTEE RELIED UPON APPROPRIATE COMPARABLE DATA; SPECIFICALLY THE COMMITTEE OBTAINED A WRITTEN COMPENSATION STUDY FROM AN INDEPENDENT FIRM WHICH SPECIALIZES IN THE REVIEWING OF HOSPITAL AND HEALTHCARE SYSTEM EXECUTIVE COMPENSATION AND BENEFITS THROUGHOUT THE UNITED STATES. THIS STUDY USED COMPARABLE GEOGRAPHIC AND DEMOGRAPHIC MARKET DATA INCLUDING BUT NOT LIMITED TO SIMILAR SIZED HOSPITALS, # OF LICENSED BEDS AND NET PATIENT SERVICE REVENUE, INCLUDING COMPLEXITY OF SERVICES. THE COMMITTEE ADEQUATELY DOCUMENTED ITS BASIS FOR ITS DETERMINATION THROUGH THE TIMELY PREPARATION OF WRITTEN MINUTES OF THE COMPENSATION COMMITTEE MEETINGS DURING WHICH THE EXECUTIVE COMPENSATION AND BENEFITS WAS REVIEWED AND SUBSEQUENTLY APPROVED. THE ACTIONS OUTLINED ABOVE WITH RESPECT TO THE COMMITTEE AND THE ESTABLISHMENT OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS ONLY APPLIES TO CERTAIN SENIOR MANAGEMENT PERSONNEL. THE COMPENSATION AND BENEFITS OF CERTAIN OTHER INDIVIDUALS ARE REVIEWED ANNUALLY BY THE PRESIDENT/CHIEF EXECUTIVE OFFICER WITH ASSISTANCE FROM THE SYSTEM'S SENIOR VICE PRESIDENT OF HUMAN RESOURCES AND THE SYSTEM'S HUMAN RESOURCES DEPARTMENT, IN CONJUNCTION WITH THE INDIVIDUAL'S JOB PERFORMANCE DURING THE YEAR AND IS BASED UPON OTHER OBJECTIVE FACTORS DESIGNED TO ENSURE THAT REASONABLE AND FAIR MARKET VALUE COMPENSATION IS PAID BY THE ORGANIZATION. OTHER OBJECTIVE FACTORS INCLUDE MARKET SURVEY DATA FOR COMPARABLE POSITIONS, INDIVIDUAL GOALS AND OBJECTIVES, PERSONNEL REVIEWS, EVALUATIONS, SELF-EVALUATIONS AND PERFORMANCE FEEDBACK MEETINGS. PLEASE ALSO REFER TO OUR RESPONSE INCLUDED IN SCHEDULE J, PART III, QUESTION 3 FOR FURTHER INFORMATION ON HOW CONNECTICUT CHILDREN'S MEDICAL CENTER SATISFIES THE CRITERIA TO SATISFY THE REBUTTABLE PRESUMPTION OF REASONABLENESS FOR PURPOSES OF INTERNAL REVENUE CODE SECTION 4958 WITH RESPECT TO EXECUTIVE COMPENSATION REVIEW AND APPROVAL. CORE FORM, PART VI, SECTION C; QUESTION 19 THE ORGANIZATION'S FILED CERTIFICATE OF INCORPORATION AND ANY AMENDMENTS CAN BE OBTAINED AND REVIEWED THROUGH THE CONNECTICUT SECRETARY OF STATE. ADDITIONALLY, THE ORGANIZATION'S GOVERNING POLICIES AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CORE FORM, PART VII AND SCHEDULE J CORE FORM, PART VII AND SCHEDULE J REFLECT CERTAIN BOARD MEMBERS AND OFFICERS RECEIVING COMPENSATION AND BENEFITS FROM A RELATED ORGANIZATION. PLEASE NOTE THIS REMUNERATION WAS FOR SERVICES RENDERED AS FULL-TIME EMPLOYEES OF A RELATED ORGANIZATION; NOT FOR SERVICES RENDERED AS A VOTING MEMBER OR OFFICER OF THE ORGANIZATION'S BOARD OF DIRECTORS. CORE FORM, PART VII, SECTION A, COLUMN B THE ORGANIZATION IS AN AFFILIATE WITHIN CCMC CORPORATION AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"). CERTAIN BOARD OF DIRECTOR MEMBERS AND OFFICERS LISTED ON CORE FORM, PART VII AND SCHEDULE J OF THIS FORM 990 MAY HOLD SIMILAR POSITIONS WITH BOTH THIS ORGANIZATION AND OTHER AFFILIATES WITHIN THE SYSTEM. THE HOURS SHOWN ON THIS FORM 990, FOR BOARD MEMBERS WHO RECEIVE NO COMPENSATION FOR SERVICES RENDERED IN A NON-BOARD CAPACITY, REPRESENT THE ESTIMATED HOURS DEVOTED PER WEEK FOR THIS ORGANIZATION. TO THE EXTENT THESE INDIVIDUALS SERVE AS A MEMBER OF THE BOARD OF DIRECTORS OF OTHER RELATED ORGANIZATIONS WITHIN THE SYSTEM, THEIR RESPECTIVE HOURS ARE APPROXIMATELY THE SAME AS REFLECTED ON CORE FORM, PART VII OF THIS FORM 990. THE HOURS REFLECTED CORE FORM, PART VII OF THIS FORM 990, FOR BOARD MEMBERS WHO RECEIVE COMPENSATION FOR SERVICES RENDERED IN A NON-BOARD CAPACITY, PAID OFFICERS, REFLECT TOTAL HOURS WORKED PER WEEK ON BEHALF OF THE SYSTEM; NOT SOLELY THIS ORGANIZATION. CORE FORM, PART XII; QUESTION 2 THE ORGANIZATION IS THE TAX-EXEMPT PARENT ENTITY OF CCMC CORPORATION AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM") WHICH INCLUDES CONNECTICUT CHILDREN'S MEDICAL CENTER ("CONNECTICUT CHILDREN'S"). AN INDEPENDENT CPA FIRM AUDITED THE CONSOLIDATED FINANCIAL STATEMENTS OF CCMC CORPORATION AND SUBSIDIARIES, FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2024 AND SEPTEMBER 30, 2023; RESPECTIVELY. THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS CONTAIN CONSOLIDATING SCHEDULES ON AN ENTITY BY ENTITY BASIS. THE INDEPENDENT CPA FIRM ISSUED AN UNMODIFIED OPINION WITH RESPECT TO THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS. CONNECTICUT CHILDREN'S MEDICAL CENTER'S FINANCE AND AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR. CONNECTICUT CHILDREN'S MEDICAL CENTER 282 WASHINGTON STREET HARTFORD CT 06106 060646755 HLTHCARE SVCS CT 501(C)(3) 3 CCMC CORP true CONNECTICUT CHILDREN'S FOUNDATION INC 282 WASHINGTON STREET HARTFORD CT 06106 222619869 FUNDRAISING CT 501(C)(3) 7 CCMC CORP true CCMC AFFILIATES INC 282 WASHINGTON STREET HARTFORD CT 06106 222619870 INACTIVE CT 501(C)(3) 10 CCMC CORP true CONNECTICUT CHILDREN'S SPECIALTY GROUP 282 WASHINGTON STREET HARTFORD CT 06106 061446900 HLTHCARE SVCS CT 501(C)(3) 10 CT CHILDRENS false CHILDREN'S FUND OF CONNECTICUT INC 270 FARMINGTON AVENUE FARMINGTON CT 06032 061364513 HLTHCARE SVCS CT 501(C)(3) 12A CT CHILDRENS false CHILD HEALTH AND DEV INSTITUTE OF CT 270 FARMINGTON AVENUE FARMINGTON CT 06032 061504725 HLTHCARE SVCS CT 501(C)(3) 7 CFCT false CCMC VENTURES INC 282 WASHINGTON STREET HARTFORD CT 06106 222619873 INACTIVE CT CCMC CORP C CORP. 0 0 1.00000 true NEW ENGLAND PEDIATRICS INDEMNITY LTD 50 CEDAR AVENUE HAMILTON BERMUDA BD HM 11 FINANCIAL VEHICLE BD CCMC CORP FOREIGN CORP. 8922347 32547284 1.00000 true NY CHILDREN'S MEDICAL PROVIDER SVCS PC 282 WASHINGTON STREET HARTFORD CT 06106 853381942 HEALTH SERVICES NY NA C CORP. false false false false true true false false false false false false false false false true true false true true CONNECTICUT CHILDREN'S MEDICAL CENTER O 277877 COST SCHEDULE R, PART V THIS ORGANIZATION IS A MEMBER OF CCMC CORPORATION AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM. FUNDS ARE ROUTINELY TRANSFERRED BETWEEN AFFILIATES AND BUSINESS ACTIVITIES ARE COMMON ON BEHALF OF THE SYSTEM'S AFFILIATES, INCLUDING THIS ORGANIZATION. THESE TRANSACTIONS MAY BE RECORDED ON THE REVENUE/EXPENSE AND BALANCE SHEET STATEMENTS OF THIS ORGANIZATION AND OTHER AFFILIATES. THE CCMC CORPORATION ENTITIES WORK TOGETHER TO DELIVER HIGH QUALITY COST EFFECTIVE HEALTHCARE AND WELLNESS SERVICES TO THEIR COMMUNITIES REGARDLESS OF ABILITY TO PAY AND IN FURTHERANCE OF CHARITABLE TAX-EXEMPT PURPOSES.