2024-08-15T07:46:20-05:00 2023-09-30 111986323 MARCUM LLP 555 LONG WHARF DRIVE NEW HAVEN CT 06511 990 2022-10-01 222560254 GRIFFIN HOSPITAL DEVELOPMENT FUND INC GRIF 2037357421 130 DIVISION STREET DERBY CT 06418 DAVID MURCKO CONTROLLER 2037357421 2024-08-14 1 1 MARY ANTONETTI P00431862 2037819600 2024-08-14 2022 2024-08-08 14:25:15Z PATRICK A CHARMEL 130 DIVISION STREET DERBY CT 06418 3323545 0 X N/A X 1984 CT ASSIST GRIFFIN HOSPITAL IN THE PROVISION OF MEDICAL & HOSPITAL CARE, MEDICAL EDUCATION & RESEARCH. 7 6 0 6 0 0 1657599 1188181 0 0 747991 474460 -22329 -165298 2383261 1497343 1580209 68116 0 0 477615 438275 0 0 0 449208 446101 2507032 952492 -123771 544851 9011801 10786678 146405 173271 8865396 10613407 TO ASSIST GRIFFIN HOSPITAL'S GOAL OF PROVIDING MEDICAL AND HOSPITAL CARE, MEDICAL EDUCATION AND MEDICAL RESEARCH TO THE COMMUNITY. 0 0 826293 68116 GRIFFIN HOSPITAL DEVELOPMENT FUND ATTRACTS SUPPORT AND RAISES FUNDS FOR THE GRIFFIN HOSPITAL TO MAINTAIN ITS REPUTATION AS A CENTER OF MEDICAL EXCELLENCE IN HUMANISTIC HEALTHCARE. IT PROVIDES ORGANIZATIONS AND COMMUNITY MEMBERS WITH OPPORTUNITIES FOR GIVING THAT MAKE MEANING OF THEIR EXPERIENCES AND VALUES. IT ALSO DEVELOPS POSITIVE RELATIONSHIPS TO CREATE GOODWILL THROUGH DONOR PROGRAMS, GIVING OPPORTUNITIES, SPECIAL EVENTS, DONOR PUBLICATIONS, AND PERSONAL VISITS. 826293 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 X 27 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 0 0 0 CT X DAVID MURCKO 2037321447 130 DIVISION STREET DERBY CT 06418 PATRICK A CHARMEL SECRETARY/TREASURER 0.15 50.00 X X 0 4409084 40516 MAUREEN COFFEY DIRECTOR 0.15 0.00 X 0 0 0 NANCY DINARDO DIRECTOR 0.15 0.61 X 0 0 0 EDWARD J MCCREERY III ESQ CHAIRMAN 0.15 0.38 X X 0 0 0 WILLIAM MIS DIRECTOR 0.15 0.00 X 0 0 0 FREDERICK STANEK ESQ DIRECTOR 0.15 0.38 X 0 0 0 JOHN W BETKOSKI III DIRECTOR 0.15 0.61 X 0 0 0 JANET HALL EXECUTIVE DIRECTOR 40.00 0.00 X 0 151385 17726 0 4560469 58242 0 0 1 0 0 323205 864976 61433 1188181 327341 327341 1659503 1512384 147119 147119 147119 148520 323205 313818 -165298 -165298 1497343 0 0 309162 68116 68116 169206 169206 185826 185826 7415 7415 51403 51403 24425 24425 27193 27193 240 240 108293 72791 35502 25291 25291 63504 63504 1495 1495 2500 2500 COMMUNITY OUTREACH 186055 186055 DUES & SUBSCRIPTIONS 6919 6919 24611 24611 952492 826293 126199 0 667108 1632820 2467 0 499675 250314 39502 49115 108135 65036 82014 77847 6667 4167 7688247 8785226 9011801 10786678 13241 22596 133164 150675 146405 173271 X 6459961 7804611 2405435 2808796 8865396 10613407 9011801 10786678 X 544851 668064 535096 X X 0 1 X 1 0 X 1028398 1257733 1565412 1657599 1188181 6697323 1028398 1257733 1565412 1657599 1188181 6697323 1648631 5048692 124878 204467 139169 464573 327341 1260428 7957751 0.63440 0.61030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1742616 11615 1754231 1742616 1742616 1742616 1742616 1742616 1742616 1742616 1742616 1.00000 0 0 82014 77847 4167 4167 X PART V, LINE 4: THE ENDOWMENT FUND CONSISTS OF NET ASSETS SUBJECT TO EXPLICIT DONOR-IMPOSED STIPULATIONS THAT THEY BE MAINTAINED BY THE CORPORATION IN PERPETUITY. GENERALLY, THE DONORS OF THESE ASSETS PERMIT THE CORPORATION TO USE ALL OR PART OF THE INVESTMENT RETURN ON THESE ASSETS FOR OPERATING PURPOSES. PART X, LINE 2: BELOW IS AN EXCERPT FROM FOOTNOTE 1 OF THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS FOR GRIFFIN HEALTH SERVICES CORPORATION AND SUBSIDIARIES. GHSC AND ITS SUBSIDIARIES, WITH THE EXCEPTION OF GHV AND HAIC, ARE NOT-FOR-PROFIT ORGANIZATIONS AND ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. GHSC AND ITS SUBSIDIARIES ACCOUNT FOR UNCERTAINTY IN INCOME TAX POSITIONS BY APPLYING A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2023 AND 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. GHSC AND ITS SUBSIDIARIES ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. GOLF EVENT 159164 97964 61200 20070 38170 25466 GALA EVENT 312561 225241 87320 29520 10438 52190 137964 471725 323205 148520 29520 30508 90360 163430 313818 -165298 1 GRIFFIN HOSPITAL 130 DIVISION STREET DERBY CT 06418 060647014 501(C)(3) 68116 0 FOR EXPANSION PROJECT 1 0 PART I, LINE 1: THE ORGANIZATION ONLY GIVES MONEY TO A RELATED 501(C)(3) ORGANIZATION FOR USE IN ITS EXEMPT PURPOSE. 0 1 0 0 0 0 0 0 0 PATRICK A CHARMEL SECRETARY/TREASURER 0 597585 0 591435 0 3220064 0 8439 0 32077 0 4449600 0 3218342 JANET HALL EXECUTIVE DIRECTOR 0 143726 0 6529 0 1130 0 4469 0 13257 0 169111 0 0 PART I, LINE 3 THE CEO/EXECUTIVE DIRECTOR OF GRIFFIN HOSPITAL DEVELOPMENT FUND IS PAID BY A RELATED ORGANIZATION, GRIFFIN HOSPITAL, WHICH USES THE FOLLOWING METHODS TO DETERMINE COMPENSATION: - COMPENSATION COMMITTEE - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE PART I, LINE 4B PATRICK CHARMEL RECEIVED A PAYMENT FROM GRIFFIN HOSPITAL IN THE AMOUNT OF $3,218,342 IN LIEU OF A GRANDFATHER SPLIT-DOLLAR LIFE INSURANCE PLAN. THIS GRANDFATHER SPLIT-DOLLAR LIFE INSURANCE POLICY COMMENCED IN 2007 AND WAS DEVELOPED AS RESULT OF THE HOSPITAL'S DEFINED BENEFIT PENSION PLAN CAP OF EARNINGS AT THIS TIME. THE POLICY WAS CONSTRUCTED TO PROVIDE MR. CHARMEL WITH THE EQUIVALENT PENSION PLAN BENEFIT PAYMENTS AS COMPARED TO ALL OTHER DEFINED BENEFIT PLAN PARTICIPANTS. X AUCTION PRIZES SUPPLIES 283 61433 FMV 0 0 0 PART I, COLUMN (B): THE NUMBER IN COLUMN B IS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART V, LINE 2A: GRIFFIN HOSPITAL DEVELOPMENT FUND DOES NOT HAVE ANY EMPLOYEES. THE SALARIES AND BENEFIT EXPENSES REPORTED IN PART IX ARE FOR GRIFFIN HOSPITAL EMPLOYEES. THEIR SALARIES AND BENEFITS ARE CHARGED TO DEVELOPMENT THROUGH DUE FROM/DUE TO ACCOUNTS. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER IS GRIFFIN HEALTH SERVICES CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER HAS THE RIGHT TO APPOINT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBER SHALL HAVE THE EXCLUSIVE RIGHT (1) TO ELECT THE CORPORATION'S BOARD OF DIRECTORS AND TO APPOINT INDIVIDUALS TO FILL VACANCIES ON THE BOARD OF DIRECTORS; (II) TO AMEND THE BYLAWS OF THE CORPORATION; AND (III) TO REMOVE ANY DIRECTOR WITH OR WITHOUT CASE. THE MEMBER SHALL ALSO HAVE OTHER RIGHTS AND APPROVE FUNDAMENTAL CHANGES SUCH AS AMENDMENT OF THE CERTIFICATE OF INCORPORATION; MERGER OR SUBSTANTIAL TRANSFER OF ASSETS; SELL OR MORTGAGE SUBSTANTIALLY ALL OF THE ASSETS; OR DISSOLVE THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 8B GRIFFIN HOSPITAL DEVELOPMENT FUND DID NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY MANAGEMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE IS SENT ANNUALLY AND DISCLOSED AT THE ANNUAL BOARD MEETING. THE QUESTIONNAIRE IS REVIEWED BY THE VICE PRESIDENT OF ACCOUNTABLE CARE AND GENERAL COUNSEL. IF A CONFLIICT IS FOUND, THE INDIVIDUAL WILL RECUSE THEMSELVES FROM THE DISCUSSION OF THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFERS BETWEEN AFFILIATES 548,037. OTHER ADJUSTMENTS -12,941. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS IS RESPONSIBLE FOR SELECTING AN INDEPENDENT AUDIT FIRM AND FOR OVERSEEING THE FINANCIAL STATEMENT PREPARATION PROCESS. THERE HAVE BEEN NO CHANGES IN THESE PROCEDURES SINCE THE PRIOR YEAR. GRIFFIN HOSPITAL 130 DIVISION STREET DERBY CT 06418 060647014 HOSPITAL CT 501(C)(3) LINE 3 GRIFFIN HEALTH SERVICES CORPORATION 0 GRIFFIN HEALTH SERVICES CORPORATION 130 DIVISION STREET DERBY CT 06418 222560257 HOLDING COMPANY CT 501(C)(3) LINE 12B, II N/A 0 PLANETREE INTERNATIONAL INC 130 DIVISION STREET DERBY CT 06418 061505284 EDUCATION CT 501(C)(3) LINE 11 GRIFFIN HEALTH SERVICES CORPORATION 0 GRIFFIN FACULTY PHYSICIANS INC 130 DIVISION STREET DERBY CT 06418 061463147 MEDICAL/EDUCATION CT 501(C)(3) LINE 11 GRIFFIN HOSPITAL 0 GH VENTURES INC 130 DIVISION STREET DERBY CT 06418 222560247 RENTAL REAL ESTATE CT N/A C 0 HEALTHCARE ALLIANCE INSURANCE CO LTD 171 ELGIN AVENUE GRANDE CAYMAN CJ 980448229 OFFSHORE CAPTIVE CJ N/A C 0 CONNECTICUT PRACTICE MANAGEMENT INC 130 DIVISION STREET DERBY CT 06418 061152819 INACTIVE CT N/A C 0 0 1 1 0 0 0 0 0 0 1 1 1 1 1 1 0 0 1 1