Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Pt VI, Line 2 | ALEX ROVT, CHAIRMAN AND TRUSTTE, IRINA BENFIELD, SECRETARY, AND STEPHEN PLOTNICK, TRUSTTEE, ALL HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. |
| Pt III, Line 3 | THE ORGANIZATION'S ORIGINAL MISSION WAS TO PROVIDE HOUSING AND PARKING FACILITIES TO EMPLOYEES AND STAFF MEMBERS OF BROOKDALE HOSPITAL MEDICAL CENTER. ORGANIZATION'S BUILDING WAS SOLD IN 2012. ORGANIZATION IS CURRENTLY INACTIVE. |
| Pt VI, Line 6 | BROOKDALE HEALTH SYSTEM, INC., A NEW YORK NOT-FOR-PROFIT ORGANIZATION, IS THE SOLE MEMBER OF THE ORGANIZATION. |
| Pt VI, Line 7a | IN MARCH 2012, GRANT THORNTON WAS ENGAGED BY THE ORGANIZATION TO PROVIDE INTERIM AND CRISIS MANAGEMENT SERVICES. COMMENCING APRIL 26, 2012 GRANT THORNTON'S MANAGEMENT SERVICES INCLUDED THE CHIEF EXECUTIVE AND RESTRUCTURING OFFICER, CHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER POSTIONS, AS WELL AS MULTIPLE OTHER MANAGEMENT POSTIONS IN FINANCE, OPERATIONS, AND IT. DURING 2013, THE SERVICE OF CHIEF FINANCIAL OFFICER WAS PROVIDED BY JAMES PORTER OF GRANT THORNTON. STARTING IN DECEMBER 2012, THE HOSPITAL RETAINED TONEYKORF PARTNERS, LLC. FOR THE SERVICES OF CHIEF EXECUTIVE OFFICER AND CHIEF OPERATING OFFICER, PROVIDED BY MARK TONEY AND STEVEN KORF, RESPECTIVELY. THESE POSITIONS ARE ALL INDICATED IN PART VII SECTION A FOR OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES. ANY AMOUNTS PAID IN CONNECTION WITH THE ABOVE SERVICES ARE PAID DIRECTLY TO GRANT THORNTON OR TONEYKORF PARTNERS, LLC RESPECTIVELY. |
| Pt VI, Line 7b | BROOKDALE HEALTH SYSTEM, INC., AS SOLE MEMBER OF THE ORGANIZATION, HAS THE AUTHORITY TO APPOINT AND REMOVE THE TRUSTEES OF THE ORGANIZATION, AND OTHER AUTHORITIES AS DELINEATED IN THE BYLAWS OF THE ORGANIZATION. |
| Pt VI, Line 11b | THE FORM 990 AND APPROPRIATE SCHEDULES, AS REQUIRED, IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED INTERNALLY BY MANAGEMENT AND COUNSEL, AT WHICH TIME IT IS CONSIDERED THE FINAL DRAFT. THE FINAL DRAFT OF THE FORM 990 IS THEN FILED WITH THE IRS. |
| Pt VI, Line 12c | DISCLOSURE IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY BY EMPLOYEES THAT SATISIFY THE CRITERIA TO BE CONSIDERED "INTERESTED PERSONS" IS SUBMITTED UPON HIRING AND ANNUALLY THEREAFTER. THE AUDIT AND COMPLIANCE COMITTEE REVIEWS THE SUBMISSIONS FOR CONFLICTS AND THE DEPARTMENT OF INTERNAL AUDIT MANAGES COMPLIANCE. |
| Pt VI, Line 15a | THE HOSPITAL'S BYLAWS PROHIBIT TRUSTEES FROM RECEIVING ANY COMPENSATION FOR SERVICES PERFORMED IN THEIR CAPACITY AS A TRUSTEE. ALSO PURSUANT TO THE HOSPITAL'S BYLAWS A TRUSTEE SERVING IN ANOTHER CAPACITY MAY RECEIVE REASONABLE COMPENSATION THEREFORE AS AUTHORIZED BY THE BOARD OF TRUSTEES. IT IS THE HOSPITAL'S PRACTICE TO TARGET TOTAL EXECUTIVE COMPENSATION (BASE SALARY, INCENTIVE COMPENSATION AND BENEFITS) AS THE MEDIAN OF THE RELEVANT MARKETPLACE FOR SIMILARLY SITUATED EXECUTIVES, WITH APPROPRIATE ADJUSTMENTS FOR SPECIAL SKILL, EXPERIENCE, COMPETENCE, AND PERFORMANCE. |
| Software ID: | 14000261 |
| Software Version: |