Ccmc Corporation
Nonprofit profile at a glance
- EIN
- 222619876
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2014
- Location
- Hartford, CT, USA
- Phone
- 8605459000
- Rating confidence
- Limited
- Sector
- Health Treatment Facilities, Primarily Outpatient
Reported finances
- Revenue
- $0
- Expenses
- $347,256
- Assets
- $8,479,445
- Liabilities
- $8,206,435
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
27 people listed
Executive titles in this filing
- JAMES E SHMERLINGDHAFACHE (Director - President/CEO)
Highest reported compensation
- JAMES E SHMERLINGDHAFACHE (Director - President/CEO): $2,052,851 total reported compensation
- Bridgett Feagin MBA (Treasurer - EVP/CFO): $1,057,898 total reported compensation
- Robert E Duncan (EVP Chief Operating Officer): $1,027,790 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
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
What it reported doing in 2024
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.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 58
- Accountability: 92
- Sustainability: 26
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 87%; rating input score 87; 26th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 24.42; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.97; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 133.5%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 26.9% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 23.9% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 0% of spending went to programs
- Governance: 20 of 23 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $2.1M · 27 people listed · 4 of 6 pay-setting controls reported
- Consistency: 13 of 13 current checks pass
- Schedules: 6 filed schedules · includes foreign activity, executive pay, and related organizations
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Related organizations: 8 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.