Attach to Form 990 or Form 990-EZ.
Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
| (i)Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 9 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| (A)
RARITAN BAY MEDICAL CENTER |
221494442 | 3 | Yes | 0 | 0 | |
| (B)
RARITAN BAY HEALTHCARE FOUNDATION INC |
222656665 | 7 | Yes | 0 | 0 | |
| Total 2 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any unusual grants.) .... | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | 0 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 0 | |||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10. | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose...... | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 6 | Total. Add lines 1 through 5. | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons... | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | 0 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2011 | (b) 2012 | (c) 2013 | (d) 2014 | (e) 2015 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2015 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2015 |
(iii) Distributable Amount for 2015 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2015 from Section C, line 6 |
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|
2
Underdistributions, if any, for years prior to 2015 (reasonable cause required--see instructions) |
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| 3 Excess distributions carryover, if any, to 2015: | ||||
| a | ||||
| b | ||||
| c | ||||
| d From 2013....... | ||||
| e From 2014....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2015 distributable amount | ||||
|
i
Carryover from 2010 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2015 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2015 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2015, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions) |
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|
6
Remaining underdistributions for 2015. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions) |
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7 Excess distributions carryover to 2016. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a | ||||
| b | ||||
| c Excess from 2013....... | ||||
| d From 2014....... | ||||
| e From 2015....... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|
| Software ID: | 15000272 |
| Software Version: |
Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Other | CORE FORM, PART III; STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTSRARITAN BAY HEALTH SERVICES CORPORATION IS A NOT-FOR-PROFIT TAX-EXEMPT HOLDING COMPANY BASED IN PERTH AMBOY, NEW JERSEY. RARITAN BAY HEALTH SERVICES CORPORATION IS THE SOLE CORPORATE MEMBER OF A NUMBER OF NOT FOR-PROFIT ENTITIES INCLUDING RARITAN BAY MEDICAL CENTER AND THE SOLE SHAREHOLDER OF VARIOUS OTHER FOR-PROFIT ENTITIES. THE IRS HAS RECOGNIZED RARITAN BAY HEALTH SERVICES CORPORATION AS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3).AS THE PARENT ORGANIZATION OF A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM, RARITAN BAY HEALTH SERVICES CORPORATION STRIVES TO CONTINUALLY DEVELOP AND OPERATE AN INTEGRATED HEALTHCARE DELIVERY SYSTEM WHICH PROVIDES A COMPREHENSIVE SPECTRUM OF MEDICALLY NECESSARY HEALTHCARE SERVICES TO THE RESIDENTS OF NEW JERSEY. RARITAN BAY HEALTH SERVICES CORPORATION ENSURES THAT ITS SYSTEM PROVIDES MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, RELIGION OR ABILITY TO PAY.BACKGROUND==========RARITAN BAY MEDICAL CENTER ("RBMC") IS A GENERAL MEDICAL AND SURGICAL HOSPITAL. RBMC IS RECOGNIZED BY THE IRS AS AN INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION. PURSUANT TO ITS CHARITABLE PURPOSES, RBMC PROVIDES MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN RELIGION OR ABILITY TO PAY. MOREOVER, RBMC OPERATES CONSISTENTLY WITH THE FOLLOWING CRITERIA OUTLINED IN IRS REVENUE RULING 69-545: 1) RBMC PROVIDES MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS REGARDLESS OF ABILITY TO PAY, INCLUDING CHARITY CARE, SELF-PAY, MEDICARE AND MEDICAID PATIENTS; 2) RBMC OPERATES AN ACTIVE EMERGENCY DEPARTMENT FOR ALL PERSONS; WHICH IS OPEN 24 HOURS A DAY, 7 DAYS A WEEK, 365 DAYS PER YEAR; 3) RBMC MAINTAINS AN OPEN MEDICAL STAFF, WITH PRIVILEGES AVAILABLE TO ALL QUALIFIED PHYSICIANS; 4) CONTROL OF RBMC RESTS WITH ITS BOARD OF DIRECTORS; WHICH IS COMPRISED OF INDEPENDENT CIVIC LEADERS AND OTHER PROMINENT MEMBERS OF THE COMMUNITY; AND5) SURPLUS FUNDS ARE USED TO IMPROVE THE QUALITY OF PATIENT CARE, EXPAND AND RENOVATE FACILITIES AND ADVANCE MEDICAL CARE, PROGRAMS AND ACTIVITIES.HISTORY=======PERTH AMBOY, THE FIRST INCORPORATED CITY IN NEW JERSEY (1718) WAS FERTILE SOIL FOR THE RAPID INDUSTRIALIZATION THAT MARKED THE 19TH CENTURY. WITH ITS HARBOR AND WATERWAYS, SHIPPING, FISHING AND FACTORIES BEGAN SPRINGING UP; AND, AS FACTORIES WERE BUILT, WORKERS WERE IN HIGH DEMAND. SINGLE MEN ENGAGED IN PERILOUS WORK IS A DANGEROUS COMBINATION. BECAUSE THERE WAS NO ONE TO CARE FOR THESE MEN AND INJURIES WERE ON THE RISE, INTERESTED CITIZENS AND CITY LEADERSHIP MET IN 1888 TO DISCUSS PLANS FOR BUILDING AN EMERGENCY HOSPITAL. FROM THIS MEETING EMERGED A TENTATIVE RESOLUTION TO SEEK FUNDS - FUNDS TO BUILD A 12-BED HOSPITAL WHICH, THOUGH PERHAPS UNIMAGINABLE AT THE TIME, WOULD LATER BECOME RBMC, A TWO-CAMPUS 501-BED HEALTHCARE FACILITY SERVING CENTRAL NEW JERSEY.AFTER FOURTEEN YEARS OF FALSE STARTS AND CAPITAL DEFICITS, PERTH AMBOY CITY HOSPITAL WAS DEDICATED ON MAY 2, 1902. YEARS OF TIRELESS FUNDRAISING AND PERSONAL SACRIFICE BY WOMEN'S GROUPS, LOCAL BENEFACTORS, ETHNIC GROUPS AND CIVIC ORGANIZATIONS BUILT AND FURNISHED WHAT WAS CONSIDERED A STATE-OF-THE-ART FACILITY AT THE TURN OF THE CENTURY. A SIX-MEMBER MEDICAL STAFF WAS APPOINTED AND A NURSE MATRON AND ASSISTANT WERE PUT IN CHARGE. FIVE WEEKS LATER PERTH AMBOY CITY HOSPITAL HAD TREATED ITS FIRST 12 PATIENTS. ONE YEAR LATER THE HOSPITAL HAD ITS OWN SCHOOL OF NURSING.BY 1913, THE BOARD OF GOVERNORS REALIZED THAT 12 BEDS COULD NO LONGER SUPPORT THE HEALTHCARE NEEDS OF THE CITY'S BURGEONING POPULATION. FROM THAT TIME UNTIL RIGHT BEFORE THE ONSLAUGHT OF THE GREAT DEPRESSION, PERTH AMBOY CITY HOSPITAL EXPERIENCED TREMENDOUS GROWTH. ADDITIONS MADE ROOM FOR MATERNITY SERVICES, AN ADVANCED LABORATORY AND X-RAY DEPARTMENT, ADDITIONAL OPERATING ROOM SPACE AND EXPANDED LIVING QUARTERS FOR THE NURSE RESIDENTS. DESPITE THE INCREASING NEED FOR ADDITIONAL TREATMENT SPACE, DECEMBER 7, 1941 HALTED PLANS FOR EXPANSION. IMMEDIATELY FOLLOWING THE WAR IN 1945, PERTH AMBOY CITY HOSPITAL TREATED ITS FIRST PATIENT USING A NEW WONDER DRUG, PENICILLIN, WHICH WAS BROUGHT TO THE HOSPITAL UNDER POLICE ESCORT. WAR-DELAYED ADDITIONS WERE THEN RAPIDLY UNDERTAKEN DURING THE NEXT 15 YEARS, SIGNIFICANTLY INCREASING BED CAPACITY AND THE SPACE NECESSARY TO OFFER ADVANCED TECHNIQUES THAT WERE ONCE ONLY AVAILABLE IN MAJOR MEDICAL CENTERS. BY THE 1960'S, THE STAGE WAS SET FOR THE HOSPITAL TO ENTER INTO AN ERA OF "FIRSTS," WHERE INNOVATION WAS FUELED BY CONTINUING RENOVATION AND EXPANSION. IN 1964, SURGEONS PERFORMED ONE OF THE FIRST SUCCESSFUL PACEMAKER IMPLANTS. BY 1968, SCIENTISTS IN THE HOSPITAL'S INSTITUTE OF LABORATORY MEDICINE HAD LINKED A SMALL REFRIGERATOR SIZED COMPUTER TO A SET OF AUTOMATIC ANALYZING MACHINES AND CAME UP WITH A COMPLETELY NEW KIND OF HOSPITAL SERVICE...COMPUTERIZED AUTOMATION.DURING THE 1970'S THE HOSPITAL FOUND ITSELF AT THE FOREFRONT OF CARDIAC MEDICINE, RECORDING NEW JERSEY'S FIRST SUCCESSFUL IMPLANT OF THE RECHARGEABLE PACEMAKER IN 1974 AND USING ONE OF THE VERY FIRST CAT SCANNERS IN MIDDLESEX COUNTY IN 1979. PATIENTS AND PHYSICIANS INCREASINGLY GAINED EXCLUSIVE ACCESS TO WORLD-CLASS HEALTHCARE RIGHT IN THEIR OWN BACKYARD. BY 1976, A NEW BUILDING PROGRAM WAS IN THE WORKS. EXTENSIVE CONSTRUCTION PLANS WERE CREATED FOR PERTH AMBOY, BUT THE MOST AMBITIOUS PART OF THE PROGRAM WAS THE BUILDING OF AN 80-BED AFFILIATE HOSPITAL ON A 41-ACRE LOT IN OLD BRIDGE TOWNSHIP. OLD BRIDGE REGIONAL HOSPITAL WAS COMPLETED IN JUST LESS THAN TWO YEARS, OPENING ITS DOORS ON JANUARY 2, 1979. THROUGH ITS AFFILIATION WITH ITS PERTH AMBOY SISTER FACILITY, FOR THE FIRST TIME RESIDENTS SOUTH OF THE RARITAN RIVER COULD TAKE ADVANTAGE OF ALL OF THE ADVANCED MEDICAL SERVICES AND TECHNIQUES USUALLY RESERVED FOR HOSPITALS IN URBAN CENTERS.RBMC HEALTH SERVICES CORPORATION, THE NEW NAME FOR THE COMBINED HOSPITALS IN OLD BRIDGE AND PERTH AMBOY (LATER CHANGED SIMPLY TO RBMC), SAW ADVANCEMENTS IN SURGERY AND NON-SURGICAL THERAPIES, DIAGNOSTIC TESTING, EDUCATION AND CONTINUED PHYSICAL EXPANSION THROUGHOUT THE 1980'S. IN FACT, OLD BRIDGE REGIONAL HOSPITAL BECAME THE HOME TO THE FIRST LASER KNEE SURGERY PERFORMED IN NEW JERSEY IN 1988. THE CONSTRUCTION OF THE OLD BRIDGE MEDICAL ARTS BUILDING THEN BROUGHT A NEW LEVEL OF CONVENIENCE TO PHYSICIANS AND PATIENTS, FURTHER UPHOLDING RBMC'S PLEDGE TO PROVIDE THE HIGHEST QUALITY HEALTHCARE TO ITS MIDDLESEX COUNTY FAMILY.NEVER RESTING ON ITS LAURELS, IN 1990 THE HOSPITAL SUBMITTED A CERTIFICATE OF NEED TO THE STATE OF NEW JERSEY DETAILING ITS PLANS FOR EXPANSION. SIGNIFICANTLY NAMED, "RENEWAL 2000," THE REQUEST OUTLINED AN AGGRESSIVE $53.6 MILLION RECONSTRUCTION PLAN THAT WOULD AFFECT MOST KEY SERVICE AREAS IN PERTH AMBOY, INCLUDING BUILDING A NEW OUTPATIENT CENTER AND ADDING A PATIENT FLOOR TO THE OLD BRIDGE CAMPUS. WHILE EXTENSIVE RECONSTRUCTION CHANGED THE FACE OF BOTH HOSPITALS, PATIENT CARE PROGRESSED AT OPTIMUM LEVELS. PARTICIPATION IN ADVANCED CLINICAL TRIALS INCREASED AND AFFILIATIONS WERE DEVELOPED WITH ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL, THE CANCER INSTITUTE OF NEW JERSEY, THE EASTERN COOPERATIVE ONCOLOGY GROUP AND THE ROBERT WOOD JOHNSON HEALTH NETWORK. INCREASED SPECIALIZED SERVICES SUCH AS THE MARION TANZMAN DIABETES CENTER, THE JACQUELINE M. AND ROBERT M. WILENTZ CANCER CENTER, THE CARDIAC CATHETERIZATION LABORATORY, THE BIRTHING CENTER AND CENTER FOR WOMEN WERE BUT A FEW OF THE MANY EXCITING HAPPENINGS TO ADD TO RBMC'S GROWING LIST OF ACCOMPLISHMENTS. AFTER RENEWAL 2000 WAS COMPLETED IN 1997, POST-CONSTRUCTION RELAXATION WAS SHORT-LIVED AS THE HOSPITAL UNVEILED ITS NEW PLANS FOR IMPROVING EMERGENCY CARE, CALLED "PROJECT ER." SO AS NOT TO SACRIFICE PATIENT CARE, PROJECT ER WAS DESIGNED AS A MULTIPHASE CONSTRUCTION, RENOVATION AND REVITALIZATION OF EMERGENCY DEPARTMENT SERVICES AT BOTH HOSPITALS. 2001 SAW THE FINAL STAGES OF RENOVATIONS PROGRESSING IN PERTH AMBOY, AND THE SUCCESSFUL COMPLETION OF THE OLD BRIDGE DIVISION EXPANSION. AND, ALTHOUGH IT SHOULD BE NO SURPRISE, WITH PROJECT ER FINISHED, PLANS FOR FUTURE EXPANSION ARE ON THE DRAWING BOARD.LOOKING BACK OVER THE MORE THAN 100 YEARS THAT RBMC HAS BEEN BRINGING THE LATEST ADVANCEMENTS IN HEALTHCARE TO CENTRAL NEW JERSEY IN A SUPPORTIVE AND CARING ATMOSPHERE, IT IS NO WONDER, IN 2014READERS OF THE HOME NEWS TRIBUNE AGAIN VOTED US THE "BEST HOSPITAL IN CENTRAL NEW JERSEY."RBMC IS A STATE-DESIGNATED PRIMARY STROKE CENTER AND IS RANKED AMONG THE NATION'S TOP TEN PERCENT OF HOSPITALS FOR THE CARE OF STROKE PATIENTS, A POSITION THE HOSPITAL HAS HELD FOR FIVE CONSECUTIVE YEARS. RBMC IS ALSO ONE OF LESS THAN SEVEN PERCENT OF HOSPITALS NATIONALLY TO ACHIEVE RE-DESIGNATION AS A MAGNET HOSPITAL, RECOGNIZING NURSING EXCELLENCE, AND HAS BEEN THE RECIPIENT OF A |
| Pt III, Line 3 | IN SEPTEMBER OF 2014, RARITAN BAY HEALTH SERVICES CORPORATION AND ITS AFFILIATES SIGNED A LETTER OF INTENT WITH MERIDIAN HEALTH SYSTEM, INC. TO EXPLORE A MERGER. EFFECTIVE DECEMBER 31, 2015, RARITAN BAY HEALTH SERVICES CORPORATION TRANSFERRED ALL OF ITS NET ASSETS INTO MERIDIAN HEALTH SYSTEM, INC., EFFECTIVELY DISSOLVING THE ORGANIZATION. THROUGH THE MERGER, MERIDIAN AND RARITAN BAY WILL UTILIZE THEIR COMBINED TALENT AND RESOURCES TO ENHANCE ACCESS TO CARE AND IMPROVE CLINICAL PURCHASING OPPORTUNITIES, AND PROVIDE NEW ACADEMIC AND RESEARCH OPPORTUNITIES FOR PHYSICIANS, NURSES AND CLINICIANS. THE COMBINED ORGANIZATION HAS EIGHT HOSPITALS AND A NETWORK OF PHYSICIAN PRACTICES, AMBULATORY SURGERY CENTERS, HOME CARE, LONG-TERM CARE AND ASSISTED LIVING FACILITIES, AMBULANCE SERVICES, FITNESS AND WELLNESS CENTERS AND OUTPATIENT CENTERS. WITH SHARED MISSIONS AND VALUES, THIS PARTNERSHIP WILL PROVIDE MANY BENEFITS TO PATIENTS, INCLUDING EXPANSION OF SERVICES CURRENTLY AVAILABLE AT RARITAN BAY AND ENHANCED ACCESS TO THE FULL CONTINUUM OF SERVICES AVAILABLE AT MERIDIAN THROUGH A COORDINATED AND SEAMLESS FASHION. |
| Pt VI, Line 11b | AS OF JANUARY 1, 2016, RARITAN BAY MEDICAL CENTER BECAME AN AFFILIATE OF MERIDIAN HEALTH SYSTEM, INC. ("MHS"); A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM. MHS WAS THE TAX-EXEMPT PARENT OF THE SYSTEM. IN MAY 2015, MHS SIGNED A DEFINITIVE AGREEMENT WITH HACKENSACK UNIVERSITY HEALTH NETWORK ("NETWORK") TO MERGE BOTH PARENT ORGANIZATIONS; CREATING ONE INTEGRATED HEALTHCARE DELIVERY SYSTEM KNOWN AS HACKENSACK MERIDIAN HEALTH, INC. ("HMH"), TO BETTER MEET THE NEEDS OF MANY NEW JERSEY COMMUNITIES. THAT MERGER BECAME EFFECTIVE UPON THE RECEIPT OF REGULATORY APPROVALS ON JULY 1, 2016.THIS ORGANIZATION IS THE TAX-EXEMPT PARENT OF RARITAN BAY MEDICAL CENTER. THIS ORGANIZATION DISOLVED AS OF DECEMBER 31, 2015 SO ITS FEDERAL FORM 990 WAS PROVIDED TO EACH VOTING MEMBER OF HMH'S GOVERNING BODY, ITS BOARD OF TRUSTEES, PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE ("IRS") FOLLOWING A REVIEW BY HMH'S COMPLIANCE AND AUDIT COMMITTEE. HMH'S BOARD OF TRUSTEES HAS ASSUMED THE RESPONSIBILITY TO OVERSEE, REVIEW AND APPROVE THIS FEDERAL FORM 990, INCLUDING THE PREPARATION, REVIEW AND FILING PROCESS.MERIDIAN'S FINANCE PERSONNEL PREPARED AND REVIEWED THE ORGANIZATION'S FEDERAL FORM 990. THE FORM 990 WAS THEN PRESENTED TO THE MEMBERS OF HMH'S COMPLIANCE AND AUDIT COMMITTEE AND THEREAFTER TO EACH VOTING MEMBER OF HMH'S GOVERNING BODY PRIOR TO FILING WITH THE IRS. |
| Pt VI, Line 12c | THE ORGANIZATION IS THE TAX-EXEMPT PARENT ENTITY OF THE RARITAN BAY HEALTH SERVICES CORPORATION AND AFFILIATES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM") WHICH INCLUDES RARITAN BAY MEDICAL CENTER ("RBMC"). THE ORGANIZATION AND THE SYSTEM REGULARLY MONITOR AND ENFORCE COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. ANNUALLY ALL MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS AND SENIOR MANAGEMENT PERSONNEL ARE REQUIRED TO REVIEW THE EXISTING CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE RETURNED TO THE ORGANIZATION AND RBMC'S SENIOR VICE PRESIDENT/GENERAL COUNSEL FOR REVIEW. THEREAFTER RBMC'S SENIOR VICE PRESIDENT/GENERAL COUNSEL PREPARES A SUMMARY OF THE COMPLETED QUESTIONNAIRES WHICH CONTAIN INFORMATION DISCLOSED ON AN INDIVIDUAL BY INDIVIDUAL BASIS AND PRESENTS THIS SUMMARY TO RBMC'S GOVERNANCE COMMITTEE FOR ITS REVIEW AND DISCUSSION. |
| Pt VI, Line 15a | THE ORGANIZATION IS THE TAX-EXEMPT PARENT ENTITY OF THE RARITAN BAY HEALTH SERVICES CORPORATION AND AFFILIATES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM") WHICH INCLUDES RARITAN BAY MEDICAL CENTER ("RBMC"). RARITAN BAY HEALTH SERVICES CORPORATION IS THE TAX-EXEMPT PARENT ENTITY OF THE SYSTEM. THIS FILING ORGANIZATION ITSELF HAS NO PAID SENIOR MANAGEMENT PERSONNEL RECEIVING COMPENSATION DIRECTLY FROM THIS ORGANIZATION. RATHER, KEY SENIOR MANAGEMENT PERSONNEL INCLUDING, BUT NOT LIMITED TO, THE PRESIDENT/CHIEF EXECUTIVE OFFICER AND CHIEF OPERATING OFFICER, ARE EMPLOYED BY RBMC, THE TAX-EXEMPT HOSPITAL WITHIN THE HEALTHCARE SYSTEM. HOWEVER, THE COMPENSATION AND BENEFITS OF THIS INDIVIDUAL IS SHOWN ON THIS TAX RETURN BECAUSE HE IS ALSO A BOARD MEMBER OF THIS ORGANIZATION. ACCORDINGLY, RBMC'S BOARD OF TRUSTEES 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 THE ORGANIZATION'S SENIOR MANAGEMENT, INCLUDING THE PRESIDENT/CHIEF EXECUTIVE OFFICER AND CHIEF OPERATING OFFICER. 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 RBMC IS REASONABLE. THE ACTIONS TAKEN BY THE COMMITTEE ENABLE RBMC 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 TRUSTEES 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. 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. |
| Pt VI, Line 15b | PLEASE SEE RESPONSE FOR FORM 990, PART VI, LINE 15A ABOVE. |
| Pt VI, Line 19 | THE ORGANIZATION'S FILED CERTIFICATE OF INCORPORATION AND ANY AMENDMENTS CAN BE OBTAINED AND REVIEWED THROUGH THE STATE OF NEW JERSEY DEPARTMENT OF THE TREASURY. |
| Pt VII, Col (E) | 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 THE RELATED ORGANIZATION AND NOT FOR SERVICES RENDERED AS A VOTING MEMBER OR OFFICER OF THIS ORGANIZATION'S BOARD OF TRUSTEES. |
| Pt XI | OTHER CHANGES IN NET ASSETS OR FUND BALANCES INCLUDE:-DISSOLUTION OF ORGANIZATION AND TRANSFER OF NET ASSETS TO MERIDIAN HEALTH SYSTEM, INC. - ($533,390) |
| Software ID: | 15000272 |
| Software Version: |