2023-11-15T19:00:50-06:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-01-01 134077996 SAINT VINCENT CATHOLIC MEDICAL CENTERS OF NEW YORK SAIN 2123565962 5 PENN PLAZA NEW YORK NY 10001 STEVEN R KORF PRESIDENT & CEO 2123565962 2023-11-15 1 STEVEN KORF XXX-XX-XXXX 1 GARRETT M HIGGINS P00543209 9143818900 2023-11-06 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z SAINT VINCENT CATHOLIC MEDICAL CENTERS STEVEN R KORF 5 PENN PLAZA NEW YORK NY 10001 120679384 0 0928 X N/A X 1999 NY SEE SCHEDULE O 6 6 109 6 0 0 0 0 117581165 120167782 59059 511602 0 0 117640224 120679384 0 0 0 0 12836338 15569457 0 0 0 92128338 90156917 104964676 105726374 12675548 14953010 74621358 89538847 29495327 28263977 45126031 61274870 X SEE SCHEDULE O 0 0 89468347 0 120167782 SEE SCHEDULE O 89468347 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 1 2183 0 109 1 0 1 CJ 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 1 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 X STEVEN R KORF 2123565962 5 PENN PLAZA NEW YORK NY 10001 X DONNA DODGE CHAIRPERSON 0.25 0.00 X X 0 0 0 JANE IANNUCELLI SC TRUSTEE 0.25 0.00 X 0 0 0 JAMES LANDY TRUSTEE 0.25 0.00 X 0 0 0 MARGARET O'BRIEN TRUSTEE 0.25 0.00 X 0 0 0 FRED SALERNO TRUSTEE 0.25 0.00 X 0 0 0 VAUGHN WILLIAMS TRUSTEE 0.25 0.00 X 0 0 0 STEVEN R KORF PRESIDENT & CEO 15.00 0.00 X 0 0 0 JEFFREY BLOOM SVP OPERATIONS 40.00 0.00 X 594392 0 40744 EDMOND WONG DIRECTOR OF FINANCE 40.00 0.00 X 191660 0 50860 JENNIFER COFFEY SVP LEGAL 40.00 0.00 X 467554 0 54173 ROBERTA MCNEILL CHIEF MEDICAL OFFICER 40.00 0.00 X 368712 0 36003 BETTY ANN KELLY PHYSICIAN 40.00 0.00 X 214708 0 22159 DONNA BRITT ADMIN DIRECTOR, HR 40.00 0.00 X 207040 0 21333 MARIO AMAYA DIRECTOR OF OPERATIONS 40.00 0.00 X 197627 0 50888 2241693 0 276160 27 0 1 0 TONEY KORF PARTNERS 1595-14 NORTH CENTRAL AVENUE NEW YORK NY 11580 ADVISORY/MANAGEMENT 2872735 TERABYTE CONSULTING LLC PO BOX 110 MORRISTOWN NJ 07963 IT/MANAGEMENT CONSULTING 753706 RANDA KARABELAS 33-25 90TH STREET UNIT 3C JACKSON HEIGHTS NY 11372 MANAGEMENT CONSULTING 522450 TONEY HEALTHCARE CONSULTING LLC 16304 AVILA BLVD TAMPA FL 33613 CASE MANAGEMENT CONSULTING 476929 EQ HEALTH SOLUTIONS INC 8440 JEFFERSON HIGHWAY SUITE 101 B BATON ROGUE LA 70809 CASE MANAGEMENT CONSULTING 457213 9 CAPITATION & PATIENT REVENUE 621110 119884204 119884204 INSURANCE UNDERWRITING 525100 283578 283578 120167782 511602 511602 120679384 120167782 0 511602 877656 877656 3104079 3104079 8764822 6103735 2661087 138140 97860 40280 2172943 1437640 735303 511817 327090 184727 1456592 1456592 1387414 1387414 10000 10000 58500 58500 5678867 506339 5172528 98009 98009 790807 503570 287237 10350 10350 797625 767764 29861 71383 71383 2153 2153 80940 80940 462532 283305 179227 CAPITATION PAYMENTS 65572462 65572462 PHARMACEUTICAL EXPENSES 13087670 13087670 MISC. EXPENSES 467848 467848 REPAIRS AND MAINTENANCE 123765 123765 105726374 89468347 16258027 0 66490922 61561720 1125409 0 308002 1158346 2914797 1708400 925698 1206397 5744567 24962384 0 650000 26760 0 74621358 89538847 29466769 28263977 28558 0 29495327 28263977 X 45126031 61274870 45126031 61274870 74621358 89538847 14953010 1195829 0 X 0 0 0 X 104135297 107643985 110861742 117581165 120167782 560389971 104135297 107643985 110861742 117581165 120167782 560389971 0 0 0 560389971 0 0 0 59059 511602 570661 59059 511602 570661 94587 724505 2054809 2873901 104229884 108368490 112916551 117640224 120679384 563834533 0.99390 0.99150 0.00100 0.00010 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2018 AMOUNT: $ 94,587. 2019 AMOUNT: $ 724,505. 2020 AMOUNT: $ 2,054,809. 0 0 0 0 0 0 1 58500 0 0 58500 0 PART II-B, LINE 1: THE ORGANIZATION HIRED AN OUTSIDE LOBBYIST TO DEVELOP A FEDERAL GOVERNMENT RELATIONS STRATEGY DESIGNED TO DEFEND FEDERAL FUNDING FOR THE U.S. FAMILY HEALTH PLAN (USFHP) AND SUPPORT ST. VINCENTS GROWTH AND RETENTION INITIATIVES. 582454 361253 221201 2332343 1347147 985196 1206397 X 0 0 0 0 0 0 0 1 0 JEFFREY BLOOM SVP OPERATIONS 493968 0 100000 0 424 0 9150 0 31594 0 635136 0 0 0 JENNIFER COFFEY SVP LEGAL 467554 0 0 0 0 0 9150 0 45023 0 521727 0 0 0 ROBERTA MCNEILL CHIEF MEDICAL OFFICER 368288 0 0 0 424 0 9150 0 26853 0 404715 0 0 0 MARIO AMAYA DIRECTOR OF OPERATIONS 189703 0 7500 0 424 0 5865 0 45023 0 248515 0 0 0 EDMOND WONG DIRECTOR OF FINANCE 191236 0 0 0 424 0 5837 0 45023 0 242520 0 0 0 BETTY ANN KELLY PHYSICIAN 214284 0 0 0 424 0 6362 0 15797 0 236867 0 0 0 DONNA BRITT ADMIN DIRECTOR, HR 206616 0 0 0 424 0 5536 0 15797 0 228373 0 0 0 PART I, LINE 7 CERTAIN INDIVIDUALS INCLUDED IN SCHEDULE J, PART II RECEIVED A DISCRETIONARY BONUS DURING CALENDAR YEAR 2022 WHICH WAS INCLUDED IN COLUMN B(II) HEREIN AND IN THEIR 2022 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. TONEYKORF PARTNERS LLC STEVEN KORF IS A MORE THAN 35% OWNER OF MANAGEMENT COMPANY 2872735 MANAGEMENT SERVICES 0 FORM 990, PART I, LINE 1: SAINT VINCENT 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 OPERATES 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. DURING 2022, QIL WAS FORMERLY CLOSED AND DISSOLVED, THE REMAINING ASSETS TRANSFERRED TO THE ORGANIZATION. 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. 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 VINCENT 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 OPERATES 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. DURING 2022, QIL WAS FORMERLY CLOSED AND DISSOLVED, THE REMAINING ASSETS TRANSFERRED TO THE ORGANIZATION. 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 $626,040 FOR THE SERVICES OF MR. KORF AS PRESIDENT AND CHIEF EXECUTIVE OFFICER FOR THE YEAR ENDING DECEMBER 31, 2022. FOR THE YEAR ENDING DECEMBER 31, 2022, MANAGEMENT FEES PAID TO TONEYKORF PARTNERS, LLC WERE $2,872,735. FORM 990, PART VI, SECTION A, LINE 4 THE CERTIFICATE OF INCORPORATION AND BYLAWS WERE AMENDED ON DECEMBER 22, 2022. THE FOLLOWING INCLUDED SIGNIFICANT CHANGES MADE TO THE CERTIFICATION OF INCORPORATION: 1. REMOVED PROVISIONS REGARDING THE ABILITY OF SVCMC TO OPERATE HOSPITALS AND TO PROVIDE OTHER HEALTH RELATED SERVICES AND REPLACED IT WITH A NEW STATEMENT OF SVCMC'S PURPOSES RELATED TO OPERATION OF A MILITARY HEALTH PLAN. 2. ADDED AND DELETED CERTAIN SPECIFICALLY LISTED ACTIVITIES THAT SVCMC IS AUTHORIZED AND EMPOWERED TO CONDUCT (E.G. REMOVED HOSPITAL SERVICES AND ADDED LANGUAGE RELATED TO OPERATION OF A MILITARY HEALTHCARE PLAN SPONSORED BY THE US DEPARTMENT OF DEFENSE. ADDED LANGUAGE TO ALLOW FOR SVCMC TO MAKE GRANTS FOR CHARITABLE AND EDUCATIONAL PURPOSES IN FURTHERANCE OF ITS TAX EXEMPT PURPOSES. CLARIFIED THAT THE MEMBERS MAY AMEND THE BYLAWS EITHER AT A MEETING OR BY UNANIMOUS WRITTEN CONSENT. THE FOLLOWING INCLUDED SIGNIFICANT CHANGES MADE TO THE BYLAWS: 1. INCREASED THE NUMBER OF MEMBERS FROM 2 TO 3. 2. INSERTED TEXT ALLOWING FOR REMOTE PARTICIPATION IN MEMBER MEETINGS. 3. INSERTED VOTING THRESHOLD FOR MEMBERS TO FORMALLY TAKE ACTION. 4. ADDED STAGGERED TERMS FOR DIRECTORS. REMOVED REQUIREMENT TO INCLUDE A PHYSICIAN ON THE BOARD. 5. PROVIDED FOR DIRECTORS APPOINTED TO FILL A VACANCY TO SERVE THE ENTIRE REMAINING TERM OF THEIR PREDECESSORS, RATHER THAN ONLY UNTIL THE NEXT ANNUAL MEETING. 6. PROVIDED THAT IF A DIRECTOR IS REMOVED FOR CAUSE BY THE BOARD, RATHER THAN THE MEMBERS, A UNANIMOUS VOTE IS REQUIRED. 7. CHANGED REMOVAL OF CEO TO BE BY THE MEMBER RATHER THAN THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION HAS THREE MEMBERS: (I) JANE IANNUCELLI, S.C., (II) DONNA DODGE, S.C., AND (III) MARGARET O'BRIEN, 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. QUEENSBROOK INSURANCE LIMITED 1363 GENESIS BUILDING GRAND CAYMAN CJ KY1-1010 981042187 CAPTIVE INSURANCE COMPANY CJ 16667 0 SAINT VINCENT CATHOLIC MEDICAL CENTERS SISTERS OF CHARITY OF ST VINCENT DE PAUL OF NEW YORK 6301 RIVERDALE AVE BRONX NY 10471 131740394 RELIGIOUS ORGANIZATION NY 501(C)(3) LINE 1 N/A 0 QUEENSBROOK NEW YORK INC 5 PENN PLAZA NEW YORK NY 10001 203690309 INSURANCE NY SAINT VINCENT CATHOLIC MEDICAL CENTERS C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0