Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 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 | |||||
|
Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 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. | ||||||
Calendar year
(or fiscal year beginning in)
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(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (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... | ||||||
| 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) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (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 | 100,135,267 | 104,135,297 | 107,643,985 | 110,861,742 | 117,581,165 | 540,357,456 |
| 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 | 100,135,267 | 104,135,297 | 107,643,985 | 110,861,742 | 117,581,165 | 540,357,456 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 0 | |||||
| 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. | 0 | |||||
| c | Add lines 7a and 7b.. | 0 | |||||
| 8 | Public support. (Subtract line 7c from line 6.) | 540,357,456 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2017 | (b) 2018 | (c) 2019 | (d) 2020 | (e) 2021 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 100,135,267 | 104,135,297 | 107,643,985 | 110,861,742 | 117,581,165 | 540,357,456 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 59,059 | 59,059 | ||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | 59,059 | 59,059 | ||||
| 11 | Net income from unrelated business activities not included on 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.) .. | 1,692,944 | 94,587 | 724,505 | 2,054,809 | 4,566,845 | |
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 101,828,211 | 104,229,884 | 108,368,490 | 112,916,551 | 117,640,224 | 544,983,360 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 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) |
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| 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): |
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| 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 0.015 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 0.035 | 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 | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2021 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2021 |
(iii) Distributable Amount for 2021 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2021 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2021 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2021: | ||||
| a From 2016....... | ||||
| b From 2017....... | ||||
| c From 2018....... | ||||
| d From 2019....... | ||||
| e From 2020....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2021 distributable amount | ||||
|
i
Carryover from 2016 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2021 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2021 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2021, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2021. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2022. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2017..... | ||||
| b Excess from 2018..... | ||||
| c Excess from 2019..... | ||||
| d Excess from 2020..... | ||||
| e Excess from 2021..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | OTHER REVENUE - 2017 AMOUNT: $ 1,692,944. 2018 AMOUNT: $ 94,587. 2019 AMOUNT: $ 724,505. 2020 AMOUNT: $ 2,054,809. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART I, LINE 1: | SAINT VINCENTS CATHOLIC MEDICAL CENTERS OF NEW YORK (THE ORGANIZATION") WAS ESTABLISHED TO CARRY ON THE HEALING MISSION OF JESUS TO THE SICK AND SHALL PERFORM ITS SPECIFIC CORPORATE PURPOSES IN CONFORMITY WITH THE TEACHINGS AND MORAL TENETS SET FORTH IN THE LATEST EDITION OF THE DOCUMENT ENTITLED "ETHICAL AND RELIGIOUS DIRECTIVES FOR CATHOLIC HEALTH CARE SERVICES" APPROVED BY THE NATIONAL CONFERENCE OF CATHOLIC BISHOPS AND AS PROMULGATED BY THE LOCAL DIOCESAN BISHOP. THE ORGANIZATION CONTINUES TO OPERATE THE UNIFORMED SERVICES FAMILY HEALTH PLAN (USFHP), WHICH IS A TRICARE PRIME MILITARY HEALTH CARE OPTION THAT'S SPONSORED BY THE DEPARTMENT OF DEFENSE. USFHP HAS PROVIDED COMPREHENSIVE CARE FOR MILITARY FAMILIES FOR OVER 30 YEARS. THROUGH THE USFHP, THE ORGANIZATION OFFERS HEALTH CARE SERVICES, INCLUDING WELLNESS AND DISEASE PREVENTION PROGRAMS, DISEASE MANAGEMENT AND CONTINUITY OF CARE, TO MILITARY FAMILIES INCLUDING ACTIVE AND RETIRED NATIONAL GUARD AND RESERVISTS WHO RESIDE IN NEW JERSEY, NEW YORK CITY, WESTCHESTER, ORANGE, ROCKLAND, SUFFOLK, AND NASSAU COUNTIES, AS WELL AS EASTERN PENNSYLVANIA AND WESTERN CONNECTICUT. IN ADDITION, THE ORGANIZATION IS THE SOLE SHAREHOLDER OF QUEENSBROOK INSURANCE LIMITED ("QIL"), A CAYMAN ISLANDS BASED, CAPTIVE INSURANCE COMPANY WHICH WAS SET UP TO INSURE THE MEDICAL MALPRACTICE OF PROVIDERS EMPLOYED BY THE ORGANIZATION, AS WELL AS TO PROVIDE CASUALTY INSURANCE. AS THE FINAL CLAIMS ARE WINDING DOWN, THE ORGANIZATION WILL EVENTUALLY CLOSE OUT QIL. THE ORGANIZATION ALSO HAS AN OWNERSHIP INTEREST (AS THE SOLE SHAREHOLDER) IN QUEENSBROOK INSURANCE LIMITED NEW YORK ("QIL NY"), A DOMESTIC CAPTIVE INSURANCE COMPANY SET UP FOR THE SOLE PURPOSE OF REINSURING THE LIABILITIES OF QIL AND PROVIDING EXCESS INSURANCE COVERAGE FOR PHYSICIANS WHO WERE PREVIOUSLY EMPLOYED BY, OR AFFILIATED WITH, THE ORGANIZATION AND COVERED BY QIL (THIS WAS QIL NY'S ONLY SOURCE OF BUSINESS). QIL NY CEASED TO UNDERWRITE INSURANCE COVERAGE, EFFECTIVE JULY 1, 2011, NO LONGER HOLDS A LICENSE TO DO BUSINESS IN NEW YORK, AND, AS SUCH, IS IN THE PROCESS OF WINDING DOWN ITS FINAL CLAIMS IN ORDER TO EVENTUALLY DISSOLVE. A VOLUNTARY PETITION FOR RELIEF UNDER CHAPTER 11 OF THE BANKRUPTCY CODE WAS FILED IN APRIL 2010; ON JUNE 15, 2012, A "DEBTOR'S PLAN" WAS APPROVED. THE SYSTEM'S CURRENT OPERATIONS INCLUDE THE CONTINUATION OF THE USHFP INSURANCE PROGRAM AND OWNERSHIP IN QUEENSBROOK INSURANCE LIMITED. |
| FORM 990, PART III, LINE 1: | SAINT VINCENTS CATHOLIC MEDICAL CENTERS OF NEW YORK (THE ORGANIZATION") WAS ESTABLISHED TO CARRY ON THE HEALING MISSION OF JESUS TO THE SICK AND SHALL PERFORM ITS SPECIFIC CORPORATE PURPOSES IN CONFORMITY WITH THE TEACHINGS AND MORAL TENETS SET FORTH IN THE LATEST EDITION OF THE DOCUMENT ENTITLED "ETHICAL AND RELIGIOUS DIRECTIVES FOR CATHOLIC HEALTH CARE SERVICES" APPROVED BY THE NATIONAL CONFERENCE OF CATHOLIC BISHOPS AND AS PROMULGATED BY THE LOCAL DIOCESAN BISHOP. |
| FORM 990, PART III, LINE 4A: | SAINT VINCENTS CATHOLIC MEDICAL CENTERS OF NEW YORK (THE ORGANIZATION") WAS ESTABLISHED TO CARRY ON THE HEALING MISSION OF JESUS TO THE SICK AND SHALL PERFORM ITS SPECIFIC CORPORATE PURPOSES IN CONFORMITY WITH THE TEACHINGS AND MORAL TENETS SET FORTH IN THE LATEST EDITION OF THE DOCUMENT ENTITLED "ETHICAL AND RELIGIOUS DIRECTIVES FOR CATHOLIC HEALTH CARE SERVICES" APPROVED BY THE NATIONAL CONFERENCE OF CATHOLIC BISHOPS AND AS PROMULGATED BY THE LOCAL DIOCESAN BISHOP. THE ORGANIZATION CONTINUES TO OPERATE THE UNIFORMED SERVICES FAMILY HEALTH PLAN (USFHP), WHICH IS A TRICARE PRIME MILITARY HEALTH CARE OPTION THAT'S SPONSORED BY THE DEPARTMENT OF DEFENSE. USFHP HAS PROVIDED COMPREHENSIVE CARE FOR MILITARY FAMILIES FOR OVER 30 YEARS. THROUGH THE USFHP, THE ORGANIZATION OFFERS HEALTH CARE SERVICES, INCLUDING WELLNESS AND DISEASE PREVENTION PROGRAMS, DISEASE MANAGEMENT AND CONTINUITY OF CARE, TO MILITARY FAMILIES INCLUDING ACTIVE AND RETIRED NATIONAL GUARD AND RESERVISTS WHO RESIDE IN NEW JERSEY, NEW YORK CITY, WESTCHESTER, ORANGE, ROCKLAND, SUFFOLK, AND NASSAU COUNTIES, AS WELL AS EASTERN PENNSYLVANIA AND WESTERN CONNECTICUT. IN ADDITION, THE ORGANIZATION IS THE SOLE SHAREHOLDER OF QUEENSBROOK INSURANCE LIMITED ("QIL"), A CAYMAN ISLANDS BASED, CAPTIVE INSURANCE COMPANY WHICH WAS SET UP TO INSURE THE MEDICAL MALPRACTICE OF PROVIDERS EMPLOYED BY THE ORGANIZATION, AS WELL AS TO PROVIDE CASUALTY INSURANCE. AS THE FINAL CLAIMS ARE WINDING DOWN, THE ORGANIZATION WILL EVENTUALLY CLOSE OUT QIL. THE ORGANIZATION ALSO HAS AN OWNERSHIP INTEREST (AS THE SOLE SHAREHOLDER) IN QUEENSBROOK INSURANCE LIMITED NEW YORK ("QIL NY"), A DOMESTIC CAPTIVE INSURANCE COMPANY SET UP FOR THE SOLE PURPOSE OF REINSURING THE LIABILITIES OF QIL AND PROVIDING EXCESS INSURANCE COVERAGE FOR PHYSICIANS WHO WERE PREVIOUSLY EMPLOYED BY, OR AFFILIATED WITH, THE ORGANIZATION AND COVERED BY QIL (THIS WAS QIL NY'S ONLY SOURCE OF BUSINESS). QIL NY CEASED TO UNDERWRITE INSURANCE COVERAGE, EFFECTIVE JULY 1, 2011, NO LONGER HOLDS A LICENSE TO DO BUSINESS IN NEW YORK, AND, AS SUCH, IS IN THE PROCESS OF WINDING DOWN ITS FINAL CLAIMS IN ORDER TO EVENTUALLY DISSOLVE. |
| FORM 990, PART VI, SECTION A, LINE 3 | THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES, CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS OR TRUSTEES, OR KEY EMPLOYEES, IS TO A MANAGEMENT COMPANY, TONEYKORF PARTNERS, LLC. STEVEN KORF, A SHAREHOLDER IN TONEYKORF PARTNERS, LLC, IS THE PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THE ORGANIZATION. MR. KORF'S APPOINTMENT WAS APPROVED BY THE BANKRUPTCY COURT. THE ORGANIZATION PAID TONEYKORF PARTNERS, LLC $657,050 FOR THE SERVICES OF MR KORF AS PRESIDENT AND CHIEF EXECUTIVE OFFICER FOR THE YEAR ENDING DECEMBER 31, 2021. FOR THE YEAR ENDING DECEMBER 31, 2021, MANAGEMENT FEES PAID TO TONEYKORF PARTNERS, LLC WERE $3,616,725. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE CORPORATION HAS TWO MEMBERS: (I) JANE IANNUCELLI, S.C. AND (II) CAROL BARNES, S.C. IN THE CASE OF THE ABSENCE OR INABILITY TO ACT OF EITHER MEMBER, THE RIGHTS OF SUCH MEMBER SHALL BE VESTED IN, AND THE DUTIES OF SUCH MEMBER SHALL BE PERFORMED BY, THE ADMINISTRATOR OF THE THE SISTERS OF CHARITY OF ST. VINCENT DE PAUL OF NEW YORK, OR OF THE SUCCESSOR CONGREGATION, OR OTHER ORGANIZATION OF SUCH CONGREGATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | AT THE ANNUAL MEETING THE MEMBERS SHALL, BY UNANIMOUS VOTE, ELECT THE DIRECTORS FOR A TERM OF THREE YEARS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE POWER TO APPROVE THE FOLLOWING MATTERS SHALL BE RESERVED TO THE MEMBERS AND NO SUCH MATTER SHALL BE PERFORMED OR AUTHORIZED BY THE CORPORATION UNLESS AND UNTIL SUCH APPROVAL HAS BEEN GRANTED BY THE MEMBERS: A) THE ESTABLISHMENT OR MODIFICATION OF THE MISSION, PURPOSE OR PHILOSOPHY OF THE CORPORATION; B) THE SALE, LEASE, PLEDGE OR OTHER DISPOSITION OF REAL PROPERTY OWNED BY THE CORPORATION OR THE IMPOSITION OF A MORTGAGE ON ANY REAL PROPERTY OWNED BY THE CORPORATION, TO THE EXTENT REQUIRED BY CANON LAW; C) THE ADOPTION, AMENDMENT OR REPEAL OF ANY PLAN OF DISSOLUTION, MERGER OR CONSOLIDATION OF THE CORPORATION; D) THE ADOPTION, AMENDMENT OR REPEAL OF ANY PARTNERSHIP ARRANGEMENTS INVOLVING THE CORPORATION THAT WILL AFFECT THE MISSION OR RELIGIOUS OR ETHICAL IDENTITY OF THE CORPORATION; E) THE ELECTION OF THE PRESIDENT AND CEO; F) ANY ACTION TAKEN BY THE CORPORATION THAT COULD PLACE CATHOLIC HEALTH CARE IN THE ARCHDIOCESE OF NEW YORK OR DIOCESE OF BROOKLYN AT SERIOUS RISK OF NOT BEING CONSISTENT WITH THE CORPORATION'S MISSION, PURPOSE OR PHILOSOPHY OR THE ETHICAL AND RELIGIOUS DIRECTIVES OF THE ROMAN CATHOLIC CHURCH; G) THE ELECTION OF THE DIRECTORS OF THE CORPORATION AND THE APPOINTMENT OF THE CHAIR OR CO-CHAIRS OF THE BOARD OF DIRECTORS; AND H) THE AMENDMENT OF THE CERTIFICATE OF INCORPORATION OF THE CORPORATION OR THE AMENDMENT OR REPEAL OF THE BY-LAWS OF THE CORPORATION, SUBJECT TO THE AUTHORITY GRANTED TO THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. AFTER THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED, IT IS ELECTRONICALLY FILED WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL EMPLOYEES WHO ARE CONSIDERED TO BE "KEY EMPLOYEES" BECAUSE OF THEIR ABILITY TO INFLUENCE SUBSTANTIVE BUSINESS DECISIONS (E.G. PURCHASE, CONTRACTS, LEASES, ETC.) AND MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO ANNUALLY COMPLETE A COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM THAT IS REVIEWED BY THE COMPLIANCE OFFICER. IF THERE ARE ANY POTENTIAL CONFLICTS IDENTIFIED BY KEY EMPLOYEES, THE BOARD OF DIRECTORS IS INFORMED. ONCE ALL POTENTIAL CONFLICT INFORMATION IS GATHERED, THE BOARD OF DIRECTORS SHALL MAKE A DETERMINATION WHETHER ACTUAL CONFLICTS EXIST. WHEN A CONFLICT IS IDENTIFIED, CORRECTIVE ACTION SHALL BE TAKEN IN ACCORDANCE WITH THE TYPE AND EXTENT OF CONFLICT. IN ALL SITUATIONS, THE RELEVANT INDIVIDUAL SHALL BE REMOVED OR RECUSED FROM ANY DECISION MAKING RELATED TO THE POTENTIAL CONFLICT. KEY EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS ARE FURTHER INSTRUCTED TO DISCLOSE THROUGHOUT THE YEAR IF ANY NEW OR PREVIOUSLY UNIDENTIFIED CONFLICTS ARISE. A SUMMARY OF ALL COMPLETED CONFLICT OF INTEREST INFORMATION IS COMPILED. THIS SUMMARY IS THEN CIRCULATED TO ALL BOARD MEMBERS FOR THEIR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO HAS JURISDICTION OVER EXECUTIVE COMPENSATION. THE CEO DIRECTS PERIODIC COMPENSATION ANALYSES TO EVALUATE COMPARABILITY OF SENIOR LEADERSHIP POSITIONS. CURRENT POLICY LIMITS COMPENSATION TO BETWEEN THE 50TH AND 75TH PERCENTILE OF THE MARKET. ALL EMPLOYEES AND MEDICAL STAFF WHO ARE CONSIDERED TO BE "KEY EMPLOYEES" BECAUSE OF THEIR ABILITY TO INFLUENCE SUBSTANTIVE BUSINESS DECISIONS (E.G. PURCHASES, CONTRACTS, LEASES, ETC.) AND MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM THAT IS REVIEWED BY THE COMPLIANCE OFFICER. IF THERE ARE ANY POTENTIAL CONFLICTS IDENTIFIED BY KEY EMPLOYEES, THE BOARD OF DIRECTORS IS INFORMED. FOR BOARD MEMBERS, A SUMMARY OF ALL COMPLETED CONFLICT OF INTEREST INFORMATION IS COMPILED AND CIRCULATED TO ALL BOARD MEMBERS FOR THEIR REVIEW. ADDITIONALLY, MANAGEMENT PERIODICALLY PERFORMS COMPENSATION ANALYSES TO EVALUATE COMPARABILITY OF SENIOR LEADERSHIP POSITIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. |
| FORM 990, PART VII, SECTION A: | COMPENSATION FOR STEVEN R. KORF IS PAID TO TONEY KORF PARTNERS, LLC FOR SERVICES THAT REPRESENT HIS WORK AS THE COURT APPOINTED RESPONSIBLE OFFICER, UPON THE SYSTEM'S EMERGENCE FROM BANKRUPTCY, AND AS PRESIDENT & CEO. AMOUNTS PAID TO TONEY KORF PARTNERS, LLC INCLUDE CEO COMPENSATION AS WELL AS FEES FOR OTHER ADVISORY SERVICES PROVIDED TO THE ORGANIZATION. |
| Software ID: | |
| Software Version: |