2024-11-13T13:41:17-07:00 2023-12-31 990 2023-01-01 223078768 MOHAWK VALLEY HEALTH SYSTEM FOUNDATION MOHA 3156246000 1676 SUNSET AVENUE UTICA NY 13502 Louis Aiello Senior VP, Chief Financial Officer 3159178203 2024-11-13 1 2023 2024-10-15 13:58:12Z Louis Aiello 111 Hospital Drive Utica NY 13502 8621004 0 X mvhealthsystem.org/donate X 1989 NY TO PROVIDE PHILANTHROPIC FUNDS FOR THE BENEFIT OF MOHAWK VALLEY HEALTH SYSTEM AND ITS AFFILIATES. 11 9 0 9 0 0 4843743 7092293 0 0 1163464 1305057 0 0 6007207 8397350 2504609 20045935 0 0 257416 613722 0 0 189639 553645 440448 3315670 21100105 2691537 -12702755 48072485 54731808 797572 17823839 47274913 36907969 TO PROVIDE PHILANTHROPIC FUNDS FOR THE BENEFIT OF MOHAWK VALLEY HEALTH SYSTEM AND IT'S AFFILIATES. 0 0 20288444 0 8397350 RAISING FUNDS THROUGH ANNUAL GIVING AND SPECIAL EVENTS. THE MOST SIGNIFICANT ACTIVITIES INCLUDE THE CAMPAIGN FOR BUILDING OF THE INTEGRATED HEALTH CAMPUS, CHILDREN'S MIRACLE NETWORK MIRACLE DRAWING, CHILDREN'S MIRACLE NETWORK YEAR LONG FUNDRAISING, STOMP OUT CANCER, MVHS GOLF TOURNAMENT AND EMPLOYEE GIVING. 0 0 0 20288444 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X LOUIS AIELLO 3159178203 111 Hospital Drive UTICA NY 13502 Darlene Stromstad President CEO 1 54 X 0 1044354 25003 Lou Aiello Senior VP CFO 1 49 X 0 638628 34699 Steve Winesett Chief Philanthropy Officer 50 0 X 0 182469 1392 John Hobika Jr Director/Vice Pres 1 0 X X 0 0 0 Jim Friedel Director 1 0 X 0 0 0 Joseph Latella Director 1 0 X 0 0 0 Sam F Berardino III Director/Treasurer as of 11/2023 1 0 X X 0 0 0 Blair Jones Vice president/Director 1 0 X X 0 0 0 David Manzelmann President 1 0 X 0 0 0 Stephen Surace Treasurer through 10.2023 1 0 X 0 0 0 Valerie Brown Secretary 1 0 X 0 0 0 0 1865451 61094 0 0 1 1 0 0 0 406205 0 0 6686088 0 7092293 0 1247063 0 0 1247063 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 57994 0 0 0 57994 0 57994 0 0 57994 223654 406205 223654 0 0 0 0 0 0 0 0 8397350 0 0 1305057 20045935 20045935 0 0 0 0 499988 49894 438102 11992 74484 7794 64729 1961 39250 4181 34152 917 1440 1420 20 0 12000 12000 18079 1750 16329 400 400 10549 3800 3167 3582 19996 19996 48424 12139 36285 0 SUPPLIES 67639 31449 799 35391 COSTS/FEES 223559 72386 15989 135184 BAD DEBT 19047 19047 0 0 19315 18253 450 612 21100105 20288444 622022 189639 4912471 7398960 10607933 11080423 4763028 5373824 0 0 0 0 0 0 0 0 0 0 56680 197031 932624 0 932624 932624 0 0 26138615 29240149 0 0 0 0 661134 508797 48072485 54731808 388241 256458 0 0 0 0 0 0 0 0 0 0 0 0 0 0 409331 17567381 797572 17823839 X 26983467 29940150 20291446 6967819 47274913 36907969 48072485 54731808 X -12702755 2335811 0 0 0 0 X 0 1 1 0 X X 5 MVHS INC dba WYNN HOSPITAL 161576637 3 1 20045881 0 ST LUKES HOME RESIDENTIAL HEALTHCARE FACILITY 161476372 10 1 54 0 SENIOR NETWORK HEALTH 161603689 7 1 0 0 ST ELIZABETH COMMUNITY HEALTH SUPPORT 150532245 3 1 0 0 VISITING NURSES ASSOCIATION 150532259 10 1 0 0 5 20045935 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20291446 4264958 47172 0 17666798 0 6936778 20828278 2065782 -360880 0 2241734 0 20291446 15622328 5802212 255040 0 851302 0 20828278 11342426 4751820 198454 0 670372 0 15622328 4012193 7441660 251195 0 362622 0 11342426 0 0 1 0 0 0 932624 932624 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 932624 0 0 MUTUAL FUNDS 27046224 F REAL ESTATE 1399462 F MONEY MARKET 794463 F 29240149 0 DUE TO AFFILIATES 17567381 17567381 X 10714114 2335811 0 0 0 2335811 8378303 0 19047 19047 8397350 21081058 0 0 0 0 0 21081058 0 19047 19047 21100105 Schedule D, Part V, Line 4 THE ENDOWMENT FUND IS HELD FOR SPECIFIC PURPOSES, SUCH AS BENEFICIAL INEREST IN CHARITABLE TRUSTS, CHILDRENS MIRACLE NETWORK, PROGRAMS, EQUIPMENT AND RENOVATIONS Schedule D, Part X, Line 2 THE FOUNDATION IS ORGANZIED AS A NOT FOR PROFIT CORPORATION, EXEMPT FROM TAXATION UNDER SECTION 501(c3) OF THE INTERNAL REVENUE CODE. IT HAS BEEN DETERMINED THAT THE FOUNDATION IS NOT A PRIVATE FOUNDATION. AS OF DECEMBER 31, 2023 AND 2022, THE FOUNDATION DID NOT HAVE ANY UNRECOGNIZED TAX BENEFITS OR ANY RELATED ACCRUED INTEREST OR PENALTIES. THE FOUNDATION DOES NOT ANTICIPATE THAT THE TOTAL UNRECOGNZIED TAX BENEFITS WILL CHANGE IN THE NEXT TWELVE MONTHS. THE TAX YEARS OPEN TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES ARE 2020 THROUGH 2023 Schedule D, Part XI, Line 4b Bad Debt Schedule D, Part XII, Line 4b BAD DEBT Miracle Drawing 430185 267985 162200 100000 0 0 0 0 62200 Golf 171970 114127 57843 0 0 15070 17193 0 25580 1 27704 24093 3611 0 0 0 0 0 3611 629859 406205 223654 100000 0 15070 17193 0 91391 223654 0 1 MVHS Inc dba Wynn Hospital 111 Hospital Drive Utica NY 13502 161576637 20045881 0 capital campaign, renovations, equipment 1 0 Schedule I, Part I, Line 2 Schedule I, Part I, Line 2 - THE MOHAWK VALLEY HEALTH SYSTEM FOUNDATION (MVHSF) RAISES FUNDS AND RECEIVES DONATIONS ON BEHALF OF MOHAWK HEALTHSYSTEM AND ITS AFFILIATES. RAISER'S EDGE IS THE SOFTWARE USED TO TRACK ALL FUND RAISING EFFORTS; CONTRIBUTIONS TO ANNUAL GIVING, EVENTS AND CAPITAL CAMPAIGNS. RESTRICTED FUNDS ARE MAINTAINED FOR THEIR SPECIFIC PURPOSES. MVHSF PERIODICALLY REPORTS THE AVAILABLE FUND BALANCES ALONG WITH ANY RESTRICTIONS, TO THE SUPPORTED ORGANIZATONS; THEY WORK TOGETHER TO DETERMINE HOW TO BEST USE THE FUNDS. MVHS FOUNDATIONRELEASES FUNDS TO THE SUPPORTED ORGANIZATIONS FOR USE ON THEIR CORPORATE PURPOSES, UNDER THE DIRECTION OF THE MVHS FOUNDATION BOARD MEMBERS. ALL FUNDED ORGANIZATION'S PURCHASE REQUESTS, FOR USE OF CONTRIBUTED FUNDS, MUST BE APPROVED BY A CORPORTATE COMMITTEE AND THE MVHSF DIRECTOR PRIOR TO INITIATING A PURCHASE. INFORMAL APPROVAL, FOR NON-CAPITAL ITEMS, IS TYPICALLY DONE VERBALLY OR THROUGH EMAIL; INVOICES AND/OR PO'S MUST BE PROVIDED FOR PURCHASES TO BE MADE AND PAYMENT TO BE ISSUED. MVHSF SPONSORS ANNUAL EVENTS INCLUDING A GOLF OUTING CHILDREN'S MIRACLE NETWORK MIRACLE DRAWING AND STOMP OUT CANCER TELETHON. THE REVENUE RAISED IS EARMARKED FOR A PARTICULAR PURPOSE ANNUALLY. THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS DETERMINE THE PURPOSE EACH YEAR. 0 0 0 0 0 0 0 0 0 Darlene Stromstad President CEO 0 775000 0 248000 0 21354 0 13200 0 11803 0 1069357 0 Lou Aiello Senior VP CFO 0 519808 0 96900 0 21920 0 23100 0 11599 0 673327 0 Steve Winesett Chief Philanthropy Officer 0 182469 0 0 0 0 0 0 0 1392 0 183861 0 Form 990, Part VI, Section A, Line 6 Mohawk Valley Health System, Inc. Form 990, Part VI, Section A, Line 7a DIRECTORS OF MVHS FOUNDATION SHALL BE ELECTED BY THE MVHS BOARD OF DIRECTORS Form 990, Part VI, Section B, Line 11b THE FORM 990 IS PRESENTED TO THE BOARD PRIOR TO FILING Form 990, Part VI, Section B, Line 12c THE PURPOSE OF THE POLICIES AND DIRECTIVES SET OUT IN THIS POLICY STATEMENT IS TO ASSURE THAT THE BUSINESS CONDUCTED BY THE ORGANIZATION IS CONDUCTED FREE FROM THE POSSIBLE INFLUENCE OF CONFLICTS OF INTEREST OF INTERESTED PERSONS. THE POLICY EXISTS TO PROTECT THE ORGANIZATIONS INTEREST WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN INTERESTED PERSON IN THE ORGANIZATION. INTERESTED PERSONS MAY NOT ENTER INTO ANY EMPLOYMENT TRANSACTION OR OTHER ARRANGEMENT THAT MAY CAUSE, OR BE PERCEIVED TO CAUSE, A CONFLICT OF INTEREST. INTERESTED PERSONS MUST REVIEW THIS POLICY ANNUALLY AND COMPLETE THE ACKNOWLEDGEMENT AND DISCLOSURE FORM ANNUALLY. THE COMPLIANCE OFFICER AND OR THE COMPLIANCE COMMITTEE WILL REVIEW ALL ANNUAL ACKNOWLEDGEMENT AND DISCLOSURE FORMS AND ANY CONFLICTS OR POTENTIAL CONFLICTS IDENTIFIED. WHEN A POTENTIAL CONFLICT IS IDENTIFIED THE COMPLIANCE OFFICER WILL ENSURE APPROPRIATE ACTIONS ARE TAKEN TO RESOLVE THE CONFLICT. THIS POLICY IS INTENDED TO SUPPLIEMENT BUT NOT REPLACE ANY APPLICABLE FEDERAL AND STATE LAWS GOVERNING CONFLICTS OF INTEREST APPLICABLE TO NON PROFIT AND CHARITABLE CORPORATIONS. Form 990, Part VI, Section B, Line 15 The Boards Executive Compensation Committee has adopted and follows a process for reviewing and determining the compensation of the CEO and the executive management team. The executive management team consists of the following positions: Senior Vice President Chief Operating Officer Senior Vice President Chief Financial Officer Senior Vice President Chief Medical Officer Senior Vice President Chief Nursing Officer The Committee has engaged an independent compensation consultant to provide information and advice to Committee including but not limited providing independent compensation comparability data for functionally comparable positions in similarly situated hospitals. The data is provided on an annual basis and is reviewed by the Committee along with other information prior to approving any changes to compensation. The independence of the Committees members is reviewed and verified prior to the start of the annual compensation review process. Should a conflict present those individuals with actual or perceived conflicts abstain from voting until such time as the conflict can be resolved or a replacement member is appointed to the Committee. The Committees deliberations and decisions are guided by a written compensation philosophy and documented through written minutes taken during each meeting. The minutes include among other things the written materials distributed or presented during the meeting and the specific decisions taken at the meeting. Form 990, Part VI, Section C, Line 19 IT IS THE POLICY OF THIS ORGANIZATION TO MAKE AVAILABLE, TO ANYONE WHO ASKS, A COPY OF ITS ANNUAL REPORT TO THE INTERNAL REVENUE SERVICE ON FORM 990 AND ITS EXPEMPT STATUS FORM IN ACCORDANCE WITH THE LAW. FORM 990, FOR A GIVEN YEAR, WILL BE MADE AVAILABLE FOR PUBLIC INSPECTIONS FOR A THREE YEAR PERIOD. Form 990, Part XI, Line 9 1035120 MVHS Inc dba Wynn Hospital 111 Hospital Drive UTICA NY 13502 161576637 ACUTE CARE HOSPITAL NY 501(C)(3) 3 MOHAWK VALLEY HEALTH SYSTEM (PARENT) 0 ST LUKES HOME RESIDENTIAL HEALTHCARE FACILITY 1650 CHAMPLIN AVE NEW HARTFORD NY 13413 161476372 RESIDENTIAL HEALTHCARE FACILITY NY 501(C)(3) 10 MVHS INC 0 VISITING NURSES ASSOCIATION OF UTICA AND ONEIDA COUNTY 1650 CHAMPLIN AVE NEW HARTFORD NY 13413 150532259 HOME HEALTH NURSING NY 501(C)(3) 10 MOHAWK VALLEY HEALTH SYSTEM (PARENT) 0 MOHAWK VALLEY HEALTH SYSTEM (PARENT) PO BOX 4308 UTICA NY 13504 223124162 PROMOTE HEALTHCARE NY 501(C)(3) 12b N/A 0 ST ELIZABETH COMMUNITY HEALTH SUPPORT 2209 GENESEE STREET UTICA NY 13501 150532245 PROMOTE COMMUNITY HEALTH NY 501(C)(3) 3 MOHAWK VALLEY HEALTH SYSTEM (PARENT) 0 ST ELIZABETH MEDICAL CENTER FOUNDATION 2209 GENESEE STREET UTICA NY 13501 222562170 FUNDRAISING NY 501(C)(3) 10 ST ELIZABETH COMMUNITY HEALTH SUPPORT 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 Extensions filed due to timing of completed audited financial statements.