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Nonprofit · EIN 04-2764370

CHMC CARDIOVASCULAR SURGICAL FOUNDATION INCORPORATED

Tax-exempt · BOSTON, MA 02115

Financials

$32.2M$28.2M2022$33.1M$30.3M2023$36.8M$33.2M2024
Revenue Expenses · by fiscal year end
Financials of CHMC CARDIOVASCULAR SURGICAL FOUNDATION INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$36,837,695$33,218,639$3,619,056$55,213,735$7,335,854$47,877,881
September 30, 2024990$33,054,671$30,323,988$2,730,683$53,076,048$12,337,579$40,738,469
September 30, 2023990$32,150,038$28,185,973$3,964,065$48,088,574$11,294,353$36,794,221
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$581,625
Program service revenue
$35,146,324
Investment income
$679,864
Net gain from sales of assets
$93,146
Other revenue
$429,882

Expenses

Grants and similar amounts paid
$4,346,104
Compensation of officers, directors and key employees
$11,529,818
Other salaries and wages
$8,484,773
Salaries, compensation and benefits (total)
$24,688,379
Professional fundraising fees
$0
Legal fees
$115,520
Accounting fees
$70,391
Travel
$144,840
Depreciation
$77,444
Program services (functional)
$29,548,397
Management and general (functional)
$3,670,242

Balance sheet and other

Total assets, start of year
$53,076,048
Total assets, end of year
$55,213,735
Total liabilities, end of year
$7,335,854
Net assets, end of year
$47,877,881
Land, buildings and equipment
$1,622,472
Publicly traded securities
$33,773,737
Net assets without donor restrictions
$47,877,881
Gross receipts
$41,066,017
Employees
8
Volunteers
0
Year formed
1982
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PEDRO J DEL NIDO MDPRESIDENT
Trustee or director, Officer
55$3,482,709$71,781
SITARAM M EMANI MDDIRECTOR
Trustee or director
60$1,877,100$71,781
CHRISTOPHER W BAIRD MDTREASURER
Trustee or director, Officer
60$1,832,542$71,781
FRANCIS FYNN-THOMPSON MDDIRECTOR
Trustee or director
60$1,133,909$71,781
ADITYA K KAZA MDCLERK
Trustee or director, Officer
60$1,027,547$71,781
DAVID HOGANSON MDDIRECTOR
Trustee or director
60$991,474$71,781
NATHALIE ROY MDDIRECTOR
Trustee or director
60$879,831$71,781
JOHN E MAYER JR MDPHYSICIAN
Highest-paid employee
60$452,410$71,781
PHYSICIANS ORG AT CH INCINSTITUTIONAL TRUSTEE
Institutional trustee
2$0$0
990 for the year ended September 30, 2024: 9 people
NameTitleHours / weekCompensationOther / benefits
Pedro J del Nido MDPresident
Trustee or director, Officer
55$3,426,009$76,163
Sitaram M Emani MDDirector
Trustee or director
60$1,646,436$85,107
Christopher W Baird MDTreasurer
Trustee or director, Officer
60$1,630,115$94,166
Aditya K Kaza MDClerk
Trustee or director, Officer
60$1,079,082$97,482
Francis Fynn-Thompson MDDirector
Trustee or director
60$1,024,836$96,240
David Hoganson MDDirector
Trustee or director
60$952,860$106,182
Nathalie Roy MDDirector
Trustee or director
60$939,482$104,427
John E Mayer Jr MDDirector
Trustee or director
60$875,997$76,163
Physicians Org at CH IncInstitutional Trustee
Institutional trustee
2$0$0
990 for the year ended September 30, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
Pedro del Nido MDPresident
Trustee or director, Officer
55$3,303,767$46,286
Christopher W Baird MDTreasurer
Trustee or director, Officer
60$1,692,224$46,286
Sitaram M Emani MDDirector
Trustee or director
60$1,691,710$46,286
Aditya K Kaza MDClerk
Trustee or director, Officer
60$1,137,486$46,286
Francis Fynn-Thompson MDDirector
Trustee or director
60$1,070,886$46,286
John E Mayer Jr MDDirector
Trustee or director
60$888,934$46,286
Nathalie Roy MDDirector
Trustee or director
60$787,151$46,286
David Hoganson MDPhysician
Highest-paid employee
60$157,206$7,434
Physicians Org at CH IncInstitutional Trustee
Institutional trustee
2$0$0

Address and contacts

Address (IRS master file)
300 LONGWOOD AVE, BOSTON, MA 02115-5724
Principal officer (990 for 2024)
PEDRO J DEL NIDO MD, 300 LONGWOOD AVENUE, BOSTON, MA 02115
Signed the 990
PEDRO J DEL NIDO MD, PRESIDENT
Phone
(617) 355-7008
Return prepared by
ERNST & YOUNG US LLP

Mission

THE FOUNDATION PROVIDES CARDIOVASCULAR SERVICES PRIMARILY TO PATIENTS AT BOSTON CHILDREN'S HOSPITAL AND AT SATELLITE LOCATIONS. THE FOUNDATION CARRIES ON AND PROMOTES BASIC AND APPLIED MEDICAL RESEARCH AND EDUCATION IN THE FIELD OF CARDIOVASCULAR SURGERY (SEE SCHEDULE O) BY TEACHING STUDENTS AND OTHER MEDICAL AND SCIENTIFIC PERSONNEL. THE FOUNDATION ALSO PROVIDES CARE FOR PATIENTS REGARDLESS OF THEIR ABILITY TO PAY.

990 for the year ended September 30, 2025

Program accomplishments

  • THE FOUNDATION PROVIDES CARDIOVASCULAR SERVICES PRIMARILY TO PATIENTS AT BOSTON CHILDREN'S HOSPITAL AND AT SATELLITE LOCATIONS. THE FOUNDATION MAY CHARGE FOR PATIENT CARE AND OTHER MEDICAL SERVICES, PROVIDED THAT ANY NET INCOME IS USED FOR THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES FOR WHICH THE FOUNDATION WAS CREATED. THE FOUNDATION ALSO PROVIDES CARE FOR PATIENTS REGARDLESS OF THEIR ABILITY TO PAY, AS WELL AS PROVIDING AND SUPPORTING HOSPITAL AND COMMUNITY BASED SERVICES THAT ARE EITHER UNAVAILABLE OR LIMITED ELSEWHERE IN THE COMMUNITY. DURING THE YEAR ENDED SEPTEMBER 30, 2025, THE FOUNDATION PERFORMED 1,853 AMBULATORY VISITS AND 1,445 SURGICAL CASES. THE FOUNDATION PROVIDED $278,188 IN FREE CARE SERVICES, HAD EXPENDITURES OF $87,795 FOR RESEARCH EFFORTS, AND PROVIDED FUNDING OF (SEE SCHEDULE O) $2,213,817 FOR TEACHING OR EDUCATIONAL INITIATIVES FOR THE YEAR ENDED SEPTEMBER 30, 2025.
    Expenses $28,661,945 · grants $4,346,104 · revenue $34,549,901
  • THE FOUNDATION RECEIVES INCOME FROM BOSTON CHILDREN'S HOSPITAL FOR PROVIDING ADMINISTRATION, SUPERVISION, AND TEACHING SERVICES. THE FOUNDATION CARRIES ON AND PROMOTES BASIC AND APPLIED MEDICAL RESEARCH AND EDUCATION IN THE FIELD OF CARDIOVASCULAR SURGERY BY TEACHING STUDENTS AND OTHER MEDICAL AND SCIENTIFIC PERSONNEL; BY PROVIDING RESEARCH GRANTS; GIVING LECTURES; AND PUBLISHING INFORMATION CONCERNING CONDITIONS AND RESEARCH RESULTS IN THE FIELD OF PEDIATRIC CARDIOVASCULAR SURGERY IN ORDER TO EDUCATE THE GENERAL PUBLIC AND THE MEDICAL PROFESSION.
    Expenses $886,452 · revenue $596,423

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
04-2764370
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1983
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$55,213,735
Income (IRS master file)
$41,066,017

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$36,837,695$33,218,639$55,213,735XML
990September 2024$33,054,671$30,323,988$53,076,048XML
990September 2023$32,150,038$28,185,973$48,088,574XML
990September 2022$21,604,347$24,941,364$46,436,293IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2764370).

Questions about CHMC CARDIOVASCULAR SURGICAL FOUNDATION INCORPORATED

What is the EIN of CHMC CARDIOVASCULAR SURGICAL FOUNDATION INCORPORATED?
The employer identification number (EIN) of CHMC CARDIOVASCULAR SURGICAL FOUNDATION INCORPORATED is 04-2764370.
Is CHMC CARDIOVASCULAR SURGICAL FOUNDATION INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to CHMC CARDIOVASCULAR SURGICAL FOUNDATION INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHMC CARDIOVASCULAR SURGICAL FOUNDATION INCORPORATED file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CHMC CARDIOVASCULAR SURGICAL FOUNDATION INCORPORATED due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHMC CARDIOVASCULAR SURGICAL FOUNDATION INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of CHMC CARDIOVASCULAR SURGICAL FOUNDATION INCORPORATED?
The 990 for the year ended September 30, 2025 names PEDRO J DEL NIDO MD.
Who are the officers and directors of CHMC CARDIOVASCULAR SURGICAL FOUNDATION INCORPORATED?
The 990 for the year ended September 30, 2025 lists 9 people; 8 received compensation from the organization, the highest $3,482,709 (PEDRO J DEL NIDO MD, PRESIDENT).
How much revenue does CHMC CARDIOVASCULAR SURGICAL FOUNDATION INCORPORATED have?
On its 990 for the year ended September 30, 2025 it reported revenue of $36,837,695, expenses of $33,218,639 and total assets of $55,213,735 at year end.

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