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Variety Childrens Hospital

Variety Childrens Hospital

Miami, FL 331553009
Tax ID59-0638499

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About this organization

Revenue

$657,982,918

Expenses

$606,817,946

Mission

The hospital provides specialized pediatric health care to children regardless of race, creed, sex, national origin, age, or ability to pay.

About

Variety Children's Hospital, established in 1950, owns and operates a pediatric specialty hospital now known as Nicklaus Children's Hospital. The hospital (formerly Miami Children's Hospital) was renamed in 2015 in recognition of a generous pledge from the Nicklaus Children's Health Care Foundation. The hospital is one of the largest freestanding pediatric teaching hospitals in the southeastern United States. It provides specialized pediatric healthcare for children regardless of race, creed, sex, national origin, age or ability to pay. The hospital has 309 licensed beds consisting of 289 general acute-care beds and 20 psychiatric beds. Nicklaus Children's Hospital serves as a referral center for children with complex, critical or life-threatening illnesses requiring specialized care. It has a state-designated pediatric trauma center. Many patients are referred by other hospitals regardless of the existence of formal arrangements.. (Continued on Schedule O)

Interesting data from their 2020 990 filing

In the filing, the mission of the non-profit is noted as “To inspire hope and promote lifelong health by providing the best care to every child.”.

When referring to its responsibilities, they were outlined as: “The hospital provides specialized pediatric health care to children regardless of race, creed, sex, national origin, age, or ability to pay.”.

  • The state in which the non-profit is legally registered to operate is FL, as per legal records.
  • The filing documents the non-profit's address in 2020 as 3100 SW 62nd Avenue, Miami, FL, 331553009.
  • According to the non-profit's form, they have 4102 employees on their payroll as of 2020.
  • Operates a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $51,164,972.
  • The CEO compensation strategy within the organization is not based on a review and approval from an impartial entity.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 15 independent voting members.
  • The organization was formed in 1950.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $274,713,335 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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