2024-04-25T09:14:04-05:00 2023-06-30 111986323 MARCUM LLP 555 LONG WHARF DRIVE NEW HAVEN CT 06511 990 2022-07-01 843076119 CORNELL SCOTT RWC QALICB INC CORN 2035033000 400 COLUMBUS AVENUE 2ND FLOOR NEW HAVEN CT 06519 MICHAEL R TAYLOR CHIEF EXECUTIVE OFFICER 2035033000 2024-04-23 1 MICHAEL TAYLOR XXX-XX-XXXX 1 MARY ANTONETTI P00431862 2037819600 2024-04-23 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL R TAYLOR 400 COLUMBUS AVENUE 2ND FLOOR NEW HAVEN CT 06519 0 0 X N/A X 2019 CT TO BENEFIT CORNELL SCOTT-HILL HEALTH CORPORATION. 5 4 0 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 477468 0 477468 0 -477468 18225900 17748432 15975000 15975000 2250900 1773432 X THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY TO BENEFIT CORNELL SCOTT - HILL HEALTH CORPORATION, A CONNECTICUT NONSTOCK CORPORATION (THE "CSHHC") EXEMPT FROM TAXATION UNDER CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN CODE SECTION 501(C)(3), BY PERFORMING THE FUNCTIONS OF OR CARRYING OUT THE PURPOSES OF CSHHC, SUCH PURPOSES BEING TO PROVIDE AFFORDABLE COMPREHENSIVE HEALTH AND SOCIAL SERVICES PARTICULARLY TO PERSONS FINANCIALLY UNABLE TO OBTAIN SUCH SERVICES, TO PROMOTE PUBLIC HEALTH INFORMATION AND EDUCATION, AND TO INFORM THE COMMUNITY AT LARGE OF THE HEALTH PROBLEMS IN DISADVANTAGED SEGMENTS OF THE COMMUNITY AND TO ENCOURAGE COMMUNITY SUPPORT TO SOLVE THOSE PROBLEMS. 0 0 477468 0 TO (I) ACQUIRE AND HOLD TITLE TO REAL PROPERTY AND FURNITURE, FIXTURES AND EQUIPMENT LOCATED AT 232 CEDAR STREET, 149 MINOR STREET, 649 HOWARD AVENUE, AND 651 HOWARD AVENUE NEW HAVEN, CONNECTICUT 06519 (COLLECTIVELY, THE PROJECT), (II) BORROW LOW-INTEREST RATE FUNDS FROM THIRD-PARTY LENDERS, AND (III) LEASE THE PROJECT TO CSHHC TO OPERATE OR LEASE AS A MEDICAL FACILITY IN FURTHERANCE OF ITS STATED CHARITABLE PURPOSES. 477468 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 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 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 CT X THE ORGANIZATION 2035033000 400 COLUMBUS AVENUE 2ND FLOOR NEW HAVEN CT 06519 BONITA GRUBBS DIRECTOR 0.10 0.00 X 0 0 0 GARRETT SHEEHAN DIRECTOR 0.10 0.00 X 0 0 0 JOSHUA BIRD DIRECTOR & TREASURER 0.10 1.00 X X 0 0 0 MICHAEL TAYLOR DIRECTOR & CHIEF EXECUTIVE 0.10 40.00 X X 0 612443 22519 ORLANDO CORDERO DIRECTOR & BOARD CHAIR 0.10 1.00 X X 0 0 0 0 612443 22519 0 0 1 0 0 0 0 0 0 X 94479 94479 175281 175281 207708 207708 477468 477468 0 0 14521044 6911963 9590221 2250900 9590221 1453956 1246248 18225900 17748432 15975000 15975000 15975000 15975000 X 2250900 1773432 2250900 1773432 18225900 17748432 -477468 0 X X 0 1 X 1 0 X X 1 CORNELL SCOTT - HILL HEALTH CORPORATION 060870990 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART I, LINE 12G, COLUMN (VI): ON MAY 26, 2022, QALICB ENTERED INTO A DEBT TRANSACTION TO ACCESS ADDITIONAL FUNDS THROUGH THE NEW MARKETS TAX CREDIT PROGRAM (THE NMTC PROGRAM). THESE FUNDS ARE BEING USED FOR THE CONSTRUCTION OF THE CORNELL SCOTT-HILL HEALTH CENTER RECOVERY AND WELLNESS CENTER (THE PROJECT). 9590221 9590221 9590221 DEFERRED FINANCING COSTS 1246248 1246248 X PART X, LINE 2: BELOW IS AN EXCERPT FROM FOOTNOTE 2 OF THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR CORNELL SCOTT-HILL HEALTH CORPORATION: THE CORPORATION, QALICB, AND FOUNDATION ARE NOT-FOR-PROFIT CORPORATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ARE EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE CORPORATION, QALICB, AND FOUNDATION ARE ALSO EXEMPT FROM STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR TAXES IS INCLUDED. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. 0 0 0 0 0 0 0 0 0 MICHAEL TAYLOR DIRECTOR & CHIEF EXECUTIVE 0 457758 0 138600 0 16085 0 12200 0 10319 0 634962 0 0 PART I, LINE 3 THE CEO MICHAEL TAYLOR IS COMPENSATED BY A RELATED ORGANIZATION, CORNELL SCOTT HILL HEALTH CORPORATION. THEY USE THE FOLLOWING METHODS TO DETERMINE CEO COMPENSATION: - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY AND/OR STUDY - APPROVAL BY THE BOARD AND/OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 7A CORNELL SCOTT-HILL HEALTH CORPORATION DESIGNATES THE MEMBERS WHO WILL SERVE ON THE BOARD OF DIRECTORS OF CORNELL SCOTT RWC QALICB, INC. FORM 990, PART VI, SECTION A, LINE 7B CORNELL SCOTT-HILL HEALTH CORPORATION HAS AUTHORITY TO MAKE GOVERNANCE DECISIONS FOR CORNELL SCOTT RWC QALICB, INC. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT OF THE ORGANIZATION, AS WELL AS THE FINANCE COMMITTEE. ONCE THEY REVIEW AND RECOMMEND FOR APPROVAL, IT IS THEN MADE AVAILABLE TO THE BOARD UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES UNDER SECTION 501(C)(3) OF THE CODE, AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL REFRAIN FROM PARTICIPATING IN THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES DETAILED FINANCIAL STATEMENTS TO THEIR GRANTORS, GOVERNMENTAL AGENCIES THAT REQUIRE REPORTING, AND OTHER PARTIES WITH WHOM THEY HAVE RELATIONSHIPS (I.E. VENDORS AND LENDERS). FORM 990, PART IX, LINE 11G ASSET MANAGEMENT FEE: PROGRAM SERVICE EXPENSES 94,479. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 94,479. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE OVERSEES THE AUDIT PROCESS. CORNELL SCOTT-HILL HEALTH CORPORATION 400 COLUMBUS AVENUE NEW HAVEN CT 06519 060870990 HEALTH CARE CT 501(C)(3) LINE 7 N/A 0 CORNELL SCOTT-HILL HEALTH CENTER FOUNDATION INC 400 COLUMBUS AVENUE NEW HAVEN CT 06519 884151352 TO SUPPORT CSHHC CT 501(C)(3) LINE 7 CORNELL SCOTT-HILL HEALTH CORPORATION 0 CSHHC CONDOMINIUM ASSOCIATION INC 400 COLUMBUS AVENUE 2ND FLOOR NEW HAVEN CT 06519 881064607 REAL ESTATE CT CORNELL SCOTT-HILL HEALTH CORPORATION C 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0