2023-10-12T03:52:53-05:00 2022-12-31 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2022-01-01 222547756 HEALTHCARE QUALITY STRATEGIES INC HEAL 7322385570 557 CRANBURY ROAD 6 EAST BRUNSWICK NJ 08816 VALERIE AIELLO CEO 7322385570 2023-10-11 1 VALERIE AIELLO 999009999 0 LORI ROTHE YOKOBOSKY CPA P01273422 9732283500 2023-10-05 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z VALERIE AIELLO 557 CRANBURY ROAD 6 EAST BRUNSWICK NJ 08816 5190570 0 X WWW.HQSI.ORG X 1982 NJ MONITOR THE QUALITY OF HEALTHCARE IN NEW JERSEY. 15 14 36 15 -96372 0 1785976 0 2508781 3106761 910096 201233 -103474 -94761 5101379 3213233 0 0 0 0 3013626 2889501 0 0 0 1517795 1802385 4531421 4691886 569958 -1478653 11905280 9670801 568313 1903735 11336967 7767066 IMPROVE THE QUALITY OF HEALTHCARE IN NEW JERSEY. 0 0 1784457 3107451 INDEPENDENT REVIEW SERVICES HQSI CONTRACTS WITH BOTH PAYORS AND INSURERS TO CONDUCT MEDICAL NECESSITY REVIEWS. REVIEWS ARE CONDUCTED ON A FEE FOR SERVICE BASIS. 1784457 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 160 0 1 36 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X VALERIE AIELLO 7322385570 557 CRANBURY ROAD SUITE 6 EAST BRUNSWICK NJ 08816 BARNARD KAPLAN MD TRUSTEE 0.50 X 4150 0 0 DAVID I KINGSLEY VICE PRESIDENT 0.50 0.30 X X 5550 0 0 DONALD L PENDLEY MD TRUSTEE 0.50 X 1150 0 0 EDWARD JOSELL TREASURER 0.50 0.30 X X 2350 0 0 ELYSE PERWEILER MPP RN TRUSTEE 0.50 X 4150 0 0 HOWARD ZEIDMAN MD PRESIDENT 0.50 X X 3650 0 0 JAMES J MADDEN ESQ TRUSTEE 0.50 0.30 X 4150 0 0 JOHN LEWY MD TRUSTEE 0.50 0.30 X 3750 0 0 LENISE MITCHELL DIR. HUMAN RESOURCES 40.00 X 114436 0 3624 MARSHA BOGGESS TRUSTEE 0.50 X 4150 0 0 MARTIN P MARGOLIES TRUSTEE 0.50 0.30 X 4150 0 0 MARY ANN CONTE RN SECRETARY 0.50 0.30 X X 4150 0 0 MICHAEL SPIVAK DO TRUSTEE 0.50 X 3050 0 0 STEVEN OXLER TRUSTEE 0.50 X 3750 0 0 VINCENT ACAMPORA TRUSTEE 0.50 X 3650 0 0 VINCENT T MCDERMOTT JR MD TRUSTEE 0.50 X 4150 0 0 MARY JANE BRUBAKER OUTGOING CEO/TRUSTEE 40.00 2.00 X 335780 0 26582 BRIAN CHAIT DIRECTOR IT 40.00 X 116512 0 7728 VALERIE AIELLO OUTGOING VP HEALTHCARE/CEO 40.00 2.00 X 169743 0 9205 YA-PING SU DIRECTOR, QUALITY IMPROV. & ANALYTICS 40.00 X 125607 0 50673 ROBER BIENER VP NATIONAL CLIENT PARTNER 40.00 X 174177 0 49378 1092205 0 147190 6 0 1 0 0 OTHER CONTRACT REVENUE 541900 3106761 3106761 3106761 202762 129547 73215 16861 0 16861 16861 16861 1975808 1863730 113607 112078 -113607 -1529 -113607 112078 SCHEDULE K-1 ORDINARY INCOME - VE 525990 -112312 -112312 690 690 -111622 3213233 3107451 -96372 202154 X 597260 201407 395853 1744866 588402 1156464 70661 23828 46833 296769 100076 196693 179945 60681 119264 329507 329507 19531 19531 118981 118981 24275 24275 679621 661736 17885 224252 121597 102655 68406 605 67801 18320 1302 17018 103175 103175 16861 16861 95447 95447 EQUIPMENT RENTAL 24247 24247 REPAIRS AND MAINTENANCE 844 844 78918 24823 54095 4691886 1784457 2907429 0 630 630 365771 202174 796975 666597 261764 244141 96661 55812 57710 40849 9284127 7210277 166033 1138303 1140100 11905280 9670801 455871 764697 112442 1139038 568313 1903735 X 11336967 7767066 11336967 7767066 11905280 9670801 X -1478653 -2187620 96372 X 0 1 X 1 0 X 1785976 1785976 7037659 7648253 2977869 2508781 3106761 23279323 7037659 7648253 2977869 4294757 3106761 25065299 0 0 0 25065299 85480 108305 218736 432143 90076 934740 85480 108305 218736 432143 90076 934740 1346194 141891 17235 1505320 37552 13711 9976 16627 690 78556 7160691 9116463 3206581 4885418 3214762 27583915 0.90870 0.91470 0.03390 0.03270 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 37,552. 2019 AMOUNT: $ 13,711. 2020 AMOUNT: $ 9,976. 2021 AMOUNT: $ 16,627. 2022 AMOUNT: $ 690. 96661 55812 40849 40849 DEPOSITS 11304 DUE FROM AFFILIATES 34814 INVESTMENT IN VERITAS 1093982 1140100 DUE TO AFFILIATES 970586 OPERATING LEASE LIABILITIES 168452 1139038 X 385005 -2187620 -712705 -2900325 3285330 24275 -96372 -72097 3213233 4756443 88832 88832 4667611 24275 24275 4691886 PART X, LINE 2: THE COMPANY FOLLOWS PROVISIONS OF ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES RECOGNITION AND DISCLOSURE OF UNCERTAIN TAX PROVISIONS IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE COMPANY'S MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX PROVISIONS TAKEN AND THAT IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS. ACCORDINGLY, THE COMPANY WILL NOT RECOGNIZE ANY LIABILITY FOR UNCERTAIN TAX BENEFITS. FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THE COMPANY DID NOT RECOGNIZE ANY INTEREST OR PENALTIES IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION REVENUE -712,705. PART XI, LINE 4B - OTHER ADJUSTMENTS: VERITAS INVESTMENT INCOME ADJUSTMENT -96,372. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION EXPENSES 88,832. X X X 1 0 0 0 0 0 0 1 0 MARY JANE BRUBAKER OUTGOING CEO/TRUSTEE 240584 0 750 0 94446 0 13431 0 13151 0 362362 0 0 0 ROBER BIENER VP NATIONAL CLIENT PARTNER 172625 0 0 0 1552 0 10006 0 39372 0 223555 0 0 0 VALERIE AIELLO OUTGOING VP HEALTHCARE/CEO 165609 0 750 0 3384 0 9205 0 0 0 178948 0 0 0 YA-PING SU DIRECTOR, QUALITY IMPROV. & ANALYTIC 124055 0 0 0 1552 0 7541 0 43132 0 176280 0 0 0 PART I, LINE 4A MARY JANE BRUBAKER, OUTGOING CEO RECEIVED SEVERANCE OF $81,149 IN 2022. PART I, LINE 7 INCLUDED ON SCHEDULE J, PART II, COLUMN B(II) REPRESENTS BONUSES. THESE AMOUNTS WERE APPROVED BY THE BOARD AND INCLUDED IN THE INDIVIDUAL'S W-2'S. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES CONTROL OVER FINANCIAL MANAGEMENT RESPONSIBILITIES TO ANDERSON & COMPANY. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FINAL FORM 990 WITH THE IRS, IT IS THOROUGHLY REVIEWED BY THE FINANCIAL CONSULTANT OF THE ORGANIZATION. THE RESPECTIVE FORM IS PROVIDED TO EACH MEMBER OF THE GOVERNING BOARD FOR HIS/HER REVIEW. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED REGULARLY AND CONSISTENTLY. ALL MEMBERS OF THE BOARD OF TRUSTEES, EMPLOYEES AND VENDORS ARE REQUIRED ANNUALLY TO DISCLOSE AND SIGN CONFLICT OF INTEREST AGREEMENTS WHICH ARE REVIEWED BY THE ORGANIZATION'S COMPLIANCE OFFICER. THE DISCLOSURE STATEMENTS ARE REVIEWED AT THE BOARD LEVEL AND MEMBERS RECUSE THEMSELVES FROM AGENDA ITEMS THAT MAY BE DETERMINED TO BE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE SALARIES OF OFFICERS OF THE ORGANIZATION ARE CALCULATED ANNUALLY AND BASED ON THE CONTRACTUAL AGREEMENT IN PLACE WHICH HAS BEEN DEVELOPED AND REVIEWED BY THE COMPENSATION COMMITTEE. EMPLOYEE COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE MANAGEMENT TEAM, WHICH DETERMINES THE ANNUAL INCREASE FOR THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC BY PROVIDING COPIES UPON REQUEST AND/OR APPOINTMENT. FORM 990, PART IX, LINE 11G PHYSICIAN CONSULTING FEES: PROGRAM SERVICE EXPENSES 652,146. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 652,146. OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 9,590. MANAGEMENT AND GENERAL EXPENSES 17,885. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,475. FORM 990, PART XI, LINE 9: VERITAS INVESTMENT INCOME ADJUSTMENT 96,372. 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