2025-11-13T12:26:02-05:00 2024-12-31 WithumSmithBrown PC 200 Jefferson Park Suite 400 Whippany NJ 079811070 990 2024-01-01 222402959 MS COMPREHENSIVE CARE CENTER % SANTO GENCARELLI CPA MSCO 2018337016 718 TEANECK ROAD TEANECK NJ 07666 SANTO GENCARELLI VP OF FINANCE 2018337016 2025-05-15 true true Scott J Mariani P00642486 9738989494 2024 2025-03-06 01:10:19Z MICHAEL MARON 718 TEANECK ROAD TEANECK NJ 07666 1881212 false X WWW.HOLYNAME.ORG X 1982 NJ TO SUPPORT THE CHARITABLE PURPOSES OF HOLY NAME MEDICAL CENTER INC.; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION REGARDING MS SERVICES. 19 14 11 0 0 0 325793 257141 1225772 1530792 0 0 5590 10750 1557155 1798683 0 0 0 0 2173077 2197538 0 0 0 489478 725595 2662555 2923133 -1105400 -1124450 955928 1073166 11741519 12983207 -10785591 -11910041 X THE ORGANIZATION'S MISSION, SINCE INCEPTION, IS TO PROVIDE COMPREHENSIVE AND HUMANE CARE TO PATIENTS WITH MULTIPLE SCLEROSIS AND THEIR FAMILIES. THE OVERALL GOAL OF CARE IS MAINTENANCE OF THE PATIENT'S HIGHEST LEVEL OF INDEPENDENCE IN THEIR HOME AND WORK ENVIRONMENT WHILE MAINTAINING SAFETY AND COMFORT. PLEASE REFER TO THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT INCLUDED WITHIN SCHEDULE O. false false 2545758 0 1530792 EXPENSES INCURRED IN SUPPORTING THE CHARITABLE PURPOSES, PROGRAMS AND SERVICES OF HOLY NAME MEDICAL CENTER, INC. SPECIFICALLY CENTERED ON MS SERVICES. HOLY NAME MEDICAL CENTER, INC. IS A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT HOSPITAL ORGANIZATION, WHICH PROVIDES MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY. 2545758 true true false false false false false false false false true false false true true false false true false false false false false false true false false false false true false false false false false false false false false false false false false true false false false true X 1 0 true 11 true false false false false false true true false false false false false false X 19 14 false false false false true true true true true false false true true true true true true true true false X SANTO GENCARELLI CPA 2018333318 718 TEANECK ROAD TEANECK NJ 07666 X Michael Maron Trustee - President & CEO HNMC 55.0 0.0 X X 0 2394978 58230 Mary Ann Picone MD Medical Director 55.0 0.0 X 712851 0 52792 Ryan Kennedy CPA EVP/CFO (Term 8/24) 55.0 0.0 X 0 604106 68876 Asya Wallach MD Neurologist 55.0 0.0 X 324517 0 48951 Santo Gencarelli CPA VP, FINANCE 55.0 0.0 X 0 275098 51774 Randy Tartacoff MD Trustee - President Med Staff 55.0 0.0 X 0 303456 21600 MAUREEN C DONOHUE Trustee 1.0 55.0 X 0 205750 39026 David Butler MD Trustee 55.0 0.0 X 0 197147 25430 Dana Jones MSN AGPC NP-C Nurse Practitioner 55.0 0.0 X 139616 0 43309 Reena R Mathew RN Registered Nurse 55.0 0.0 X 132670 0 42731 Juliana Avalo Manager, MS Center 55.0 0.0 X 103386 0 18143 Fernando Garip Chairperson - Trustee 1.0 0.0 X X 0 0 0 James Dowling Vice Chairperson - Trustee 1.0 0.0 X X 0 0 0 John M Geraghty Secretary - Trustee 1.0 0.0 X X 0 0 0 Ted A Carnevale CPA Treasurer - Trustee 1.0 0.0 X X 0 0 0 Angelica Berrie Trustee 1.0 0.0 X 0 0 0 Stephen Borg Trustee 1.0 0.0 X 0 0 0 Dale A Creamer Trustee 1.0 0.0 X 0 0 0 Michael R Dressler Esq Trustee 1.0 0.0 X 0 0 0 Sister Susan Francois Trustee 1.0 0.0 X 0 0 0 Joseph A Frascino MD Trustee 1.0 0.0 X 0 0 0 Alexandra Garcia-Watts Trustee 1.0 0.0 X 0 0 0 Daniel Leber Trustee 1.0 0.0 X 0 0 0 Margarette Lee Esq Trustee 1.0 0.0 X 0 0 0 Selwyn Levine MD Trustee 1.0 0.0 X 0 0 0 Sister Antoinette Moore CSJP Trustee 1.0 0.0 X 0 0 0 1413040 3980535 470862 6 false true false 0 218342 38799 257141 NET PATIENT SERVICE REVENUE 624120 1380791 1380791 OTHER HEALTHCARE RELATED REVENUE 624120 150001 150001 1530792 0 0 0 0 0 0 0 82529 218342 82529 10750 0 10750 10750 0 0 0 0 1798683 1530792 10750 0 0 0 0 765643 666799 98844 0 1124024 978914 145110 14921 12995 1926 193819 168797 25022 99131 86333 12798 0 0 0 0 0 0 82682 72007 10675 0 40973 35683 5290 17770 15476 2294 0 96524 84063 12461 15437 13444 1993 0 1367 1191 176 0 0 2969 2586 383 20090 17496 2594 MEDICAL SUPPLIES 366165 318893 47272 REPAIRS & MAINTENANCE 39673 34551 5122 PERMITS & DUES 5906 5144 762 OTHER EXPENSES 36039 31386 4653 2923133 2545758 377375 0 61728 27701 0 0 0 0 312673 397732 0 0 0 0 0 0 0 0 4344 4531 255412 243394 14987 12018 0 0 0 0 0 0 0 0 562196 631184 955928 1073166 197604 114876 0 0 0 10000 0 0 0 0 0 0 0 0 0 0 11543915 12858331 11741519 12983207 X -10785591 -11910041 0 0 -10785591 -11910041 955928 1073166 -1124450 X X false true X true false X 388339 296371 739793 368850 257141 2050494 797600 922222 1002675 1225772 1530792 5479061 61722 77872 128737 42084 93279 403694 0 0 1247661 1296465 1871205 1636706 1881212 7933249 0 0 0 7933249 0 0 0 0 0 1247661 1296465 1871205 1636706 1881212 7933249 1.00000 1.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 255412 243394 12018 12018 OTHER RECEIVABLES 631184 631184 0 DUE TO AFFILIATES 12858331 12858331 MS FASHION SHOW 166026 122931 43095 2750 27166 4300 8879 MS AWARDS 134845 95411 39434 1000 26460 1400 2750 7824 0 300871 218342 82529 3750 53626 1400 7050 16703 82529 718 TEANECK ROAD TEANECK NJ 07666 X X X X X false false false false false false false true false Michael Maron Trustee - President & CEO HNMC 0 1468454 0 900000 0 26524 0 36800 0 21430 0 2453208 0 0 Mary Ann Picone MD Medical Director 706709 0 0 0 6142 0 32878 0 19914 0 765643 0 0 0 Ryan Kennedy CPA EVP/CFO (Term 8/24) 0 394557 0 200000 0 9549 0 44074 0 24802 0 672982 0 0 Asya Wallach MD Neurologist 324209 0 0 0 308 0 8375 0 40576 0 373468 0 0 0 Santo Gencarelli CPA VP, FINANCE 0 244656 0 30000 0 442 0 17397 0 34377 0 326872 0 0 Randy Tartacoff MD Trustee - President Med Staff 0 300000 0 0 0 3456 0 20100 0 1500 0 325056 0 0 MAUREEN C DONOHUE Trustee 0 205750 0 0 0 0 0 8230 0 30796 0 244776 0 0 David Butler MD Trustee 0 195911 0 0 0 1236 0 4000 0 21430 0 222577 0 0 Dana Jones MSN AGPC NP-C Nurse Practitioner 139513 0 0 0 103 0 9684 0 33625 0 182925 0 0 0 Reena R Mathew RN Registered Nurse 132442 0 0 0 228 0 9179 0 33552 0 175401 0 0 0 SCHEDULE J, PART I; QUESTION 7 CERTAIN INDIVIDUALS INCLUDED IN SCHEDULE J, PART II RECEIVED A BONUS DURING CALENDAR YEAR 2024 WHICH WAS INCLUDED IN COLUMN B(II) HEREIN AND IN EACH INDIVIDUAL'S 2024 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. PLEASE REFER TO THIS SECTION OF THE FORM 990, SCHEDULE J FOR THIS INFORMATION BY PERSON BY AMOUNT. CORE FORM, PART III; STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS THE MS COMPREHENSIVE CARE CENTER D/B/A THE ALFIERO & LUCIA PALESTRONI FOUNDATION MULTIPLE SCLEROSIS CENTER, IS AN INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION. THE ORGANIZATION PROVIDES MULTIPLE SCLEROSIS SERVICES, RESEARCH AND EDUCATION. THE ORGANIZATION IS A SUBSIDIARY OF HOLY NAME MEDICAL CENTER, INC.; AN INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION. SINCE ITS INCEPTION, THE ORGANIZATION'S MISSION HAS BEEN TO PROVIDE COMPREHENSIVE AND HUMANE CARE TO PATIENTS WITH MULTIPLE SCLEROSIS AND THEIR FAMILIES. THE OVERALL GOAL OF CARE IS MAINTENANCE OF THE PATIENT'S HIGHEST LEVEL OF INDEPENDENCE IN THEIR HOME AND WORK ENVIRONMENT WHILE MAINTAINING SAFETY AND COMFORT. HISTORY ------- THE BERNARD GIMBEL MS CENTER OPENED IN 1985 AT (THEN) HOLY NAME HOSPITAL AS AN INDEPENDENT ENTITY. THE CENTER WAS OPEN TO ALL PATIENTS REGARDLESS OF ABILITY TO PAY. AT THAT TIME THE STAFF CONSISTED OF A NEUROLOGIST, A NURSE AND A VOLUNTEER. MEDICAL CARE CENTERED ON DIAGNOSIS AND SYMPTOMATIC MANAGEMENT ON AN OUTPATIENT BASIS. THE COMPREHENSIVE INTERDISCIPLINARY CARE MODEL INVOLVED MEDICAL, NURSING, REHAB, PSYCHOSOCIAL SUPPORT AND COORDINATED SERVICES FROM THE MS SOCIETY. A VOLUNTEER-RUN LENDING LIBRARY OF MS BOOKS AND VIDEOS WAS ALSO ORGANIZED AND READILY AVAILABLE TO ALL PATIENTS. OVERVIEW -------- THE ORGANIZATION HAS SERVED AS A REGIONAL LEADER IN MS CARE, PROVIDING UNPARALLELED, HOLISTIC CARE TO PATIENTS OF ALL AGES LIVING WITH MULTIPLE SCLEROSIS. APPROXIMATELY 1,800 PATIENTS FROM THE GREATER NEW YORK METROPOLITAN REGION VISIT THE MS CENTER FOR ITS CLINICAL EXCELLENCE, PERSONALIZED PATIENT CARE AND INNOVATIVE CLINICAL RESEARCH. WE TAKE A HOLISTIC APPROACH TO HEALING AND HAVE INTEGRATED OUR MS SERVICES WITH OTHERS THROUGHOUT THE HOSPITAL SO THAT PATIENTS FEEL COMPLETELY SUPPORTED AND CARED FOR FROM DIAGNOSIS THROUGH TREATMENT AND MAINTENANCE. THE MS CENTER IS ONE OF A SELECT FEW MULTIPLE SCLEROSIS CENTERS IN THE REGION - AND THE ONLY FACILITY IN BERGEN COUNTY, NEW JERSEY - TO BE AFFILIATED WITH THE NATIONAL MULTIPLE SCLEROSIS SOCIETY. OUR HIGHLY EXPERIENCED, MULTIDISCIPLINARY TEAM OF NEUROLOGISTS AND EXPERTS PROVIDE A FULL SPECTRUM OF SERVICES TAILORED TO THE UNIQUE MEDICAL AND EMOTIONAL NEEDS OF MS PATIENTS. THESE SERVICES INCLUDE ADVANCED DIAGNOSTICS, NOVEL TREATMENT STRATEGIES, AND PSYCHOSOCIAL, REHABILITATIVE, AND SUPPORTIVE CARE. RECEIVING CARE AT THE MS CENTER ALSO MEANS HAVING FULL ACCESS TO HOLY NAME MEDICAL CENTER, INC.'S RECOGNIZED DOCTORS AND A BROAD ARRAY OF SPECIALTIES, INCLUDING PREVENTIVE CARE, UROLOGY, OPHTHALMOLOGY, RADIOLOGY, CARDIOLOGY, GASTROENTEROLOGY, AND WOMEN'S HEALTH AS WELL AS CLINICAL RESEARCH STUDIES AND NEUROPSYCHOLOGICAL EVALUATION. THE ORGANIZATION IS COMMITTED TO BRINGING OUR PATIENTS THE LATEST CLINICAL DISCOVERIES AS WELL AS OPPORTUNITIES TO PARTICIPATE IN GROUNDBREAKING CLINICAL TRIALS IN A SAFE AND COMPASSIONATE WAY. WE PARTNER WITH THE UNIVERSITY OF MEDICINE AND DENTISTRY OF NEW JERSEY - NEW JERSEY MEDICAL SCHOOL IN NEWARK, NEW JERSEY, KESSLER INSTITUTE FOR REHABILITATION, AND ALBERT EINSTEIN COLLEGE OF MEDICINE IN NEW YORK CITY, TO GIVE OUR MS PATIENTS ACCESS TO TODAY'S MOST PROMISING THERAPIES THAT REDUCE THE CHANCES FOR RELAPSE OR FURTHER PROGRESSION. SCOPE OF SERVICES INCLUDE THE FOLLOWING: - SAME-DAY DIAGNOSTIC TESTING AND RESULTS - NEUROLOGIC TESTING, INCLUDING EEG AND EMG - AN INFUSION ROOM SO PATIENTS CAN RECEIVE TREATMENT WITHOUT HAVING TO TRAVEL TO OTHER AREAS OF THE HOSPITAL - MAGNETIC RESONANCE IMAGING (MRI), FEATURING OPEN BORE TECHNOLOGY THAT PROVIDES BETTER ACCESS AND INCREASED SPACE FOR FACE AND BODY - VESTIBULAR THERAPY FOR PATIENTS EXPERIENCING DIZZINESS OR BALANCE PROBLEMS - BLADDER AND KIDNEY ULTRASOUND - BOTOX TREATMENT FOR SPASTICITY AND CHRONIC HEADACHES - AN ORTHOTIC CLINIC, WHERE PATIENTS CAN BE EVALUATED AND FITTED FOR BRACES AND OTHER ASSISTIVE DEVICES - NEUROPSYCHOLOGICAL TESTING - EYE AND BONE DENSITY EXAMS - A WHEELCHAIR ASSESSMENT CLINIC THE ORGANIZATION ALSO PROVIDES SUPPORTIVE CARE, WHICH INCLUDES: - REFERRALS TO A VARIETY OF SPECIALTY PHYSICIANS AT HOLY NAME MEDICAL CENTER, INC. AND THROUGHOUT THE REGION - PSYCHOSOCIAL SERVICES - PATIENT AND FAMILY SUPPORT GROUPS AT THE MS CENTER - SOCIAL SERVICES - EDUCATION AND RESOURCE MATERIALS - MS GROUP EXERCISE CLASS NEW MS THERAPIES ---------------- THE ONGOING UNMET NEED IN MS CARE IS TREATMENT FOR NON-RELAPSING, SECONDARY PROGRESSIVE MS AND PRIMARY PROGRESSIVE DISEASE. TO TRY AND ADDRESS THIS GAP IN TREATMENT OPTIONS, THE MS CENTER AT HOLY NAME IS INVOLVED IN CLINICAL TRIALS INVESTIGATING THE USE OF A NOVEL THERAPEUTIC AGENT, BTK INHIBITORS, WHICH MAY PROVE TO HAVE IMPROVED EFFICACY IN PROMOTING REMYELINATION. IN COLLABORATION WITH ALBERT EINSTEIN UNIVERSITY, THE MS CENTER IS INVESTIGATING THE EFFECTS OF AGING IN MS PATIENTS AS PART OF A STUDY THROUGH A NATIONAL INSTITUTES OF HEALTH GRANT. THE CENTER IS ALSO INVOLVED IN A STUDY WITH RESEARCHERS FROM THE HOSPITAL FOR SPECIAL SURGERY THAT EVALUATES FOOT STRUCTURE, GAIT AND POSTURE CHANGES IN MS PATIENTS. MS INFUSION SUITE ----------------- MANY PATIENTS WITH MULTIPLE SCLEROSIS NEED INFUSIONS PERIODICALLY AND HOLY NAME'S MS CENTER IS COMMITTED TO MAKING THIS ASPECT OF TREATMENT AS COMFORTABLE AND TIMELY AS POSSIBLE. AS PART OF THIS EFFORT, THE CENTER HAS ITS OWN INFUSION SUITE WITH DEDICATED INFUSION NURSES. THE SUITE, COMPLETE WITH SOOTHING DCOR AND PRIVACY, HELPS PATIENTS FEEL MORE RELAXED WHEN THEY RECEIVE TREATMENT. IT IS LOCATED WITHIN THE MS CENTER, SO IF A QUESTION ARISES ABOUT TREATMENT, AN INFUSION NURSE CAN ASK A PHYSICIAN IMMEDIATELY. PATIENTS WITH MOBILITY ISSUES WILL ALSO BENEFIT FROM NOT HAVING TO TRAVEL TO OTHER PARTS OF THE HOSPITAL FOR TREATMENT. THE MS CENTER INFUSION NURSES ARE EXPERIENCED IN ADMINISTERING THE LATEST MS THERAPIES AND SIT WITH PATIENTS FOR THE DURATION OF THEIR TREATMENT, MONITORING THE SESSION AND PROVIDING COMPANIONSHIP. IN ADDITION, VINCENT DEFEDELE, HOLY NAME'S PHARMACIST WHO PREPARES THE MS INFUSIONS, COMES TO THE INFUSION CENTER TO EDUCATE PATIENTS ABOUT THEIR MEDICATIONS WHEN THEY FIRST COME FOR TREATMENT. HAVING AN INFUSION SUITE AND SPECIALLY TRAINED INFUSION NURSES DEVOTED ENTIRELY TO MS PATIENTS STREAMLINES THE ENTIRE PROCESS AND RESULTS IN LESS WAIT TIME FOR PATIENTS. HOLY NAME'S MS CENTER IS ONE OF THE FEW IN THE AREA TO OFFER A DEDICATED INFUSION SUITE SOLELY FOR MS PATIENTS. FUNDRAISING ----------- A VARIETY OF FUNDRAISING EVENTS ARE HELD, INCLUDING AN ANNUAL FASHION SHOW, WALK-A-THONS, AND AN AWARDS DINNER. SUPPORT IS ALSO SOUGHT THROUGH GRANTS, CORPORATE MATCHING GIFTS, AND CORPORATE SOLICITATION TO HELP SUPPORT THE MISSION. THE MS CENTER HAS HONORED INSPIRATIONAL PATIENTS, VOLUNTEER LEADERS AND ADVOCATES WHO ARE THE "FACE" OF THE MS CENTER AND EXHIBIT COURAGE AND DETERMINATION IN THEIR FIGHT AGAINST MS. CORE FORM, PART V; QUESTION 1B HOLY NAME MEDICAL CENTER FOUNDATION, INC.; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION ISSUES ALL FEDERAL FORMS W-2G ON BEHALF OF THIS ORGANIZATION. CORE FORM, PART V; QUESTION 15 MICHAEL MARON IS A VOTING BOARD MEMBER OF THE ORGANIZATION'S BOARD OF TRUSTEES; AN UNCOMPENSATED POSITION. MR. MARON IS EMPLOYED BY A RELATED ORGANIZATION AND IS INVOLVED IN THE LEADERSHIP AND MANAGEMENT OF HOLY NAME MEDICAL CENTER, INC. ACCORDINGLY, HIS COMMON LAW EMPLOYER/EMPLOYEE RELATIONSHIP IS WITH HOLY NAME MEDICAL CENTER, INC. (EIN: 22-1487322). HOLY NAME MEDICAL CENTER, INC. FILED A 2024 FORM 4720 WHICH INCLUDED A REMITTANCE OF EXCISE TAX RELATED TO MR. MARON'S COMPENSATION IN EXCESS OF $1M. CORE FORM, PART VI, SECTION A; QUESTIONS 6 & 7 HOLY NAME MEDICAL CENTER, INC. ("HNMC") IS THE SOLE MEMBER OF THIS ORGANIZATION. PEACE MINISTRIES, INC. IS THE SOLE MEMBER OF HNMC. PEACE MINISTRIES, INC. HAS THE ULTIMATE RIGHT TO ELECT THE MEMBERS OF THIS ORGANIZATION'S BOARD OF TRUSTEES AND HAS CERTAIN RESERVED POWERS AS DEFINED IN THIS ORGANIZATION'S BYLAWS. CORE FORM, PART VI, SECTION B; QUESTION 11B THE ORGANIZATION IS AN AFFILIATE WITHIN HOLY NAME MEDICAL CENTER, INC. AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"). PEACE MINISTRIES, INC. IS THE TAX-EXEMPT PARENT ENTITY OF THE SYSTEM, WHICH INCLUDES HOLY NAME MEDICAL CENTER, INC. ("HNMC"); A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT HOSPITAL ORGANIZATION. THIS ORGANIZATION'S FEDERAL FORM 990 WAS PROVIDED TO EACH VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY, ITS BOARD OF TRUSTEES, PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE ("IRS"). HNMC'S AUDIT COMMITTEE HAS ASSUMED THE RESPONSIBILITY TO OVERSEE AND COORDINATE THE FEDERAL FORM 990 PREPARATION, REVIEW AND FILING PROCESS FOR ALL TAX-EXEMPT AFFILIATES WITHIN THE SYSTEM. AS PART OF THE ORGANIZATION'S FEDERAL FORM 990 TAX RETURN PREPARATION PROCESS THE SYSTEM HIRED A PROFESSIONAL CERTIFIED PUBLIC ACCOUNTING ("CPA") FIRM WITH EXPERIENCE AND EXPERTISE IN BOTH HEALTHCARE AND NOT-FOR-PROFIT TAX RETURN PREPARATION TO PREPARE THE FEDERAL FORM 990. THE CPA FIRM'S TAX PROFESSIONALS WORKED CLOSELY WITH THE SYSTEM'S FINANCE PERSONNEL AND VARIOUS OTHER INDIVIDUALS INCLUDING, BUT NOT LIMITED TO, THE EXECUTIVE VICE PRESIDENT/CHIEF FINANCIAL OFFICER, ASSISTANT VICE PRESIDENT OF FINANCE AND EXECUTIVE DIRECTOR OF FINANCE ("INTERNAL WORKING GROUP") TO OBTAIN THE INFORMATION NEEDED IN ORDER TO PREPARE A COMPLETE AND ACCURATE TAX RETURN. THE CPA FIRM PREPARED A DRAFT FEDERAL FORM 990 AND FURNISHED IT TO THE INTERNAL WORKING GROUP, INCLUDING THOSE INDIVIDUALS OUTLINED ABOVE FOR THEIR REVIEW. THE INTERNAL WORKING GROUP REVIEWED THE DRAFT FEDERAL FORM 990 AND DISCUSSED QUESTIONS AND COMMENTS WITH THE CPA FIRM. REVISIONS WERE MADE TO THE DRAFT FEDERAL FORM 990 WHERE NECESSARY AND A FINAL DRAFT WAS FURNISHED BY THE CPA FIRM TO THE INTERNAL WORKING GROUP FOR FINAL REVIEW AND APPROVAL. FOLLOWING THIS REVIEW, THE FORM 990 WAS THEN PROVIDED TO HNMC'S AUDIT COMMITTEE AND SUBSEQUENTLY TO EACH VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING WITH THE IRS. CORE FORM, PART VI, SECTION B; QUESTION 12 THE ORGANIZATION IS AN AFFILIATE WITHIN HOLY NAME MEDICAL CENTER, INC. AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"). PEACE MINISTRIES, INC. IS THE TAX-EXEMPT PARENT ENTITY OF THE SYSTEM, WHICH INCLUDES HOLY NAME MEDICAL CENTER, INC. ("HNMC"); A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT HOSPITAL ORGANIZATION. THE ORGANIZATION AND SYSTEM REGULARLY MONITOR AND ENFORCE COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. ANNUALLY ALL MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS AND SENIOR MANAGEMENT PERSONNEL ARE REQUIRED TO REVIEW THE EXISTING CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE RETURNED TO HNMC'S CHIEF COMPLIANCE OFFICER FOR REVIEW. THEREAFTER, THE CHIEF COMPLIANCE OFFICER PREPARES A SUMMARY OF THE COMPLETED QUESTIONNAIRES WHICH CONTAINS INFORMATION DISCLOSED ON AN INDIVIDUAL BY INDIVIDUAL BASIS WHICH IS THEN PRESENTED TO HNMC'S GOVERNANCE COMMITTEE FOR ITS REVIEW AND DISCUSSION. CORE FORM, PART VI, SECTION B; QUESTION 15 THE ORGANIZATION IS AN AFFILIATE WITHIN HOLY NAME MEDICAL CENTER, INC. AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"). PEACE MINISTRIES, INC. IS THE TAX-EXEMPT PARENT ENTITY OF THE SYSTEM, WHICH INCLUDES HOLY NAME MEDICAL CENTER, INC. ("HNMC"); A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT HOSPITAL ORGANIZATION. THIS FILING ORGANIZATION ITSELF HAS NO PAID SENIOR MANAGEMENT PERSONNEL RECEIVING COMPENSATION DIRECTLY FROM THIS ORGANIZATION. RATHER, KEY SENIOR MANAGEMENT PERSONNEL, INCLUDING THE PRESIDENT/CHIEF EXECUTIVE OFFICER, VICE PRESIDENT/CHIEF FINANCIAL OFFICER AND VICE PRESIDENT OF FACILITIES MANAGEMENT, ARE EMPLOYED BY HNMC. HOWEVER, THE COMPENSATION AND BENEFITS OF THESE INDIVIDUALS ARE SHOWN ON THIS TAX RETURN BECAUSE THEY ARE TRUSTEES OR OFFICERS OF THIS ORGANIZATION. ACCORDINGLY, HNMC'S BOARD OF TRUSTEES HAS AN EXECUTIVE COMPENSATION COMMITTEE ("COMMITTEE"). THE COMMITTEE HAS ADOPTED A WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY WHICH IT FOLLOWS WHEN IT REVIEWS AND APPROVES THE COMPENSATION AND BENEFITS OF ALL HOLY NAME MEDICAL CENTER, INC. VICE PRESIDENTS AND ABOVE ("SENIOR MANAGEMENT PERSONNEL"). THIS INCLUDES BUT IS NOT LIMITED TO, THE PRESIDENT/CHIEF EXECUTIVE OFFICER, VICE PRESIDENT/CHIEF FINANCIAL OFFICER AND VICE PRESIDENT OF FACILITIES MANAGEMENT. THE COMMITTEE REVIEWS THE "TOTAL COMPENSATION" OF THESE INDIVIDUALS WHICH IS INTENDED TO INCLUDE BOTH CURRENT AND DEFERRED COMPENSATION AND ALL EMPLOYEE BENEFITS, BOTH QUALIFIED AND NON-QUALIFIED. THE COMMITTEE'S REVIEW IS DONE ON AT LEAST AN ANNUAL BASIS AND ENSURES THAT THE "TOTAL COMPENSATION" OF SENIOR MANAGEMENT OF THE ORGANIZATION IS REASONABLE. THE ACTIONS TAKEN BY THE COMMITTEE ENABLE THE ORGANIZATION TO RECEIVE THE REBUTTABLE PRESUMPTION OF REASONABLENESS FOR PURPOSES OF INTERNAL REVENUE CODE SECTION 4958 WITH RESPECT TO THE TOTAL COMPENSATION OF CERTAIN MEMBERS OF THE SENIOR MANAGEMENT TEAM. THE THREE FACTORS WHICH MUST BE SATISFIED IN ORDER TO RECEIVE THE REBUTTABLE PRESUMPTION OF REASONABLENESS ARE THE FOLLOWING: 1. THE COMPENSATION ARRANGEMENT IS APPROVED IN ADVANCE BY AN "AUTHORIZED BODY" OF THE APPLICABLE TAX-EXEMPT ORGANIZATION WHICH IS COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A "CONFLICT OF INTEREST" WITH RESPECT TO THE COMPENSATION ARRANGEMENT; 2. THE AUTHORIZED BODY OBTAINED AND RELIED UPON "APPROPRIATE DATA AS TO COMPARABILITY" PRIOR TO MAKING ITS DETERMINATION; AND 3. THE AUTHORIZED BODY "ADEQUATELY DOCUMENTED THE BASIS FOR ITS DETERMINATION" CONCURRENTLY WITH MAKING THAT DETERMINATION. THE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES EACH OF WHO ARE INDEPENDENT AND ARE FREE FROM ANY CONFLICTS OF INTEREST. THE COMMITTEE RELIED UPON APPROPRIATE COMPARABLE DATA; SPECIFICALLY THE COMMITTEE OBTAINED A WRITTEN COMPENSATION STUDY FROM AN INDEPENDENT FIRM WHICH SPECIALIZES IN THE REVIEWING OF HOSPITAL AND HEALTHCARE SYSTEM EXECUTIVE COMPENSATION AND BENEFITS THROUGHOUT THE UNITED STATES. THIS STUDY USED COMPARABLE GEOGRAPHIC AND DEMOGRAPHIC MARKET DATA INCLUDING BUT NOT LIMITED TO SIMILAR SIZED HOSPITALS, # OF LICENSED BEDS AND NET PATIENT SERVICE REVENUE. THE COMMITTEE ADEQUATELY DOCUMENTED ITS BASIS FOR ITS DETERMINATION THROUGH THE TIMELY PREPARATION OF WRITTEN MINUTES OF THE COMPENSATION COMMITTEE MEETINGS DURING WHICH THE EXECUTIVE COMPENSATION AND BENEFITS WAS REVIEWED AND SUBSEQUENTLY APPROVED. THE ACTIONS OUTLINED ABOVE WITH RESPECT TO THE COMMITTEE AND THE ESTABLISHMENT OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS ONLY APPLIES TO SENIOR MANAGEMENT PERSONNEL. THE COMPENSATION AND BENEFITS OF CERTAIN OTHER INDIVIDUALS WITHIN THE ORGANIZATION ARE REVIEWED ANNUALLY BY THE PRESIDENT/CHIEF EXECUTIVE OFFICER WITH ASSISTANCE FROM HNMC'S HUMAN RESOURCES DEPARTMENT IN CONJUNCTION WITH THE INDIVIDUAL'S JOB PERFORMANCE DURING THE YEAR AND IS BASED UPON OTHER OBJECTIVE FACTORS DESIGNED TO ENSURE THAT REASONABLE AND FAIR MARKET VALUE COMPENSATION IS PAID BY THE ORGANIZATION. OTHER OBJECTIVE FACTORS INCLUDE MARKET SURVEY DATA FOR COMPARABLE POSITIONS, INDIVIDUAL GOALS AND OBJECTIVES, PERSONNEL REVIEWS, EVALUATIONS, SELF-EVALUATIONS AND PERFORMANCE FEEDBACK MEETINGS. CORE FORM, PART VI, SECTION C; QUESTION 19 THE ORGANIZATION'S FILED CERTIFICATE OF INCORPORATION AND ANY AMENDMENTS CAN BE OBTAINED AND REVIEWED THROUGH THE STATE OF NEW JERSEY DEPARTMENT OF THE TREASURY. IN ADDITION, THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CORE FORM, PART VII AND SCHEDULE J CORE FORM, PART VII AND SCHEDULE J REFLECTS CERTAIN TRUSTEES AND OFFICERS RECEIVING COMPENSATION AND BENEFITS FROM THIS ORGANIZATION OR A RELATED ORGANIZATION. PLEASE NOTE THIS REMUNERATION WAS FOR SERVICES RENDERED AS FULL-TIME EMPLOYEES OF THIS ORGANIZATION OR A RELATED ORGANIZATION AND NOT FOR SERVICES RENDERED AS A VOTING MEMBER OR OFFICER OF THE ORGANIZATION'S BOARD OF TRUSTEES. CORE FORM, PART VII, SECTION A, COLUMN B THE ORGANIZATION IS AN AFFILIATE WITHIN HOLY NAME MEDICAL CENTER, INC. AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"). CERTAIN BOARD OF TRUSTEE MEMBERS AND OFFICERS INCLUDED ON CORE FORM, PART VII AND SCHEDULE J OF THIS FORM 990 MAY HOLD SIMILAR POSITIONS WITH BOTH THIS ORGANIZATION AND OTHER AFFILIATES WITHIN THE SYSTEM. THE HOURS SHOWN ON THIS FORM 990 FOR BOARD MEMBERS WHO RECEIVE NO COMPENSATION FOR SERVICES RENDERED IN A NON-BOARD CAPACITY, REPRESENTS THE ESTIMATED HOURS DEVOTED PER WEEK FOR THIS ORGANIZATION. TO THE EXTENT THESE INDIVIDUALS SERVE AS A MEMBER OF THE BOARD OF TRUSTEES OF OTHER RELATED ORGANIZATIONS IN THE SYSTEM, THEIR RESPECTIVE HOURS PER WEEK PER ORGANIZATION ARE APPROXIMATELY THE SAME AS REFLECTED ON CORE FORM, PART VII OF THIS FORM 990. THE HOURS REFLECTED ON CORE FORM, PART VII OF THIS FORM 990, FOR BOARD MEMBERS WHO RECEIVE COMPENSATION FOR SERVICES RENDERED IN A NON-BOARD CAPACITY, PAID OFFICERS, REFLECT TOTAL HOURS WORKED PER WEEK ON BEHALF OF THE SYSTEM; NOT SOLELY THIS ORGANIZATION. CORE FORM, PART XII; QUESTION 2 THE ORGANIZATION IS AN AFFILIATE WITHIN HOLY NAME MEDICAL CENTER, INC. AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"). PEACE MINISTRIES, INC. IS THE TAX-EXEMPT PARENT ENTITY OF THE SYSTEM, WHICH INCLUDES HOLY NAME MEDICAL CENTER, INC. ("HNMC"); A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT HOSPITAL ORGANIZATION. AN INDEPENDENT CPA FIRM AUDITED THE CONSOLIDATED FINANCIAL STATEMENTS OF HOLY NAME MEDICAL CENTER, INC. AND SUBSIDIARIES, FOR THE YEARS ENDED DECEMBER 31, 2024 AND DECEMBER 31, 2023; RESPECTIVELY. THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS CONTAIN CONSOLIDATING SCHEDULES ON AN ENTITY BY ENTITY BASIS. THE INDEPENDENT CPA FIRM ISSUED AN UNMODIFIED OPINION WITH RESPECT TO THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS EACH YEAR. HNMC'S AUDIT COMMITTEE HAS ASSUMED RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE CONSOLIDATED FINANCIAL STATEMENTS, WHICH INCLUDES THIS ORGANIZATION AND THE SELECTION OF AN INDEPENDENT AUDITOR. PEACE MINISTRIES INC 399 HUDSON TERRACE ENGLEWOOD CLIFFS NJ 07632 465202238 RELIGIOUS ORD NJ 501(C)(3) 7 NA false HOLY NAME MEDICAL CENTER INC 718 TEANECK ROAD TEANECK NJ 07666 221487322 HEALTHCARE NJ 501(C)(3) 3 PEACE MIN false HOLY NAME REAL ESTATE CORP 718 TEANECK ROAD TEANECK NJ 07666 223412504 PROPERTY CO NJ 501(C)(3) 12A HNMC false HOLY NAME MEDICAL CENTER FOUNDATION INC 718 TEANECK ROAD TEANECK NJ 07666 222737143 FUNDRAISING NJ 501(C)(3) 7 HNMC false HOLY NAME EMS INC 718 TEANECK ROAD TEANECK NJ 07666 270294681 HEALTHCARE NJ 501(C)(3) 12A HNMC false THE CRUDEM FOUNDATION INC 718 TEANECK ROAD TEANECK NJ 07666 431660199 FUNDRAISING MO 501(C)(3) 7 HNMC FDN false HOLY NAME HEALTH PHYSICIANS PC 718 TEANECK ROAD TEANECK NJ 07666 852279567 HEALTHCARE NJ 501(C)(3) 12A HNMC false HOLY NAME HEALTH INC 718 TEANECK ROAD TEANECK NJ 07666 853847378 INACTIVE NJ 501(C)(3) 12A PEACE MIN false HEALTH PARTNER SERVICES INC 718 TEANECK ROAD TEANECK NJ 07666 223618636 MGMT SERVICES NJ NA C CORP. false PEACE HEALTH PARTNERS PC 718 TEANECK ROAD TEANECK NJ 07666 223618634 HEALTHCARE SVCS. NJ NA C CORP. false HOUSE PHYSICIAN PARTNERS PC 718 TEANECK ROAD TEANECK NJ 07666 223808427 HEALTHCARE SVCS. NJ NA C CORP. false HEMATOLOGY ONCOLOGY PARTNERS PC 718 TEANECK ROAD TEANECK NJ 07666 223808421 HEALTHCARE SVCS. NJ NA C CORP. false RIVERSIDE FAMILY PRACTICE PC 718 TEANECK ROAD TEANECK NJ 07666 200446233 HEALTHCARE SVCS. NJ NA C CORP. false RADIATION ONCOLOGY PARTNERS PC 718 TEANECK ROAD TEANECK NJ 07666 201104758 HEALTHCARE SVCS. NJ NA C CORP. false EXCELCARE MEDICAL ASSOCIATES PA 718 TEANECK ROAD TEANECK NJ 07666 203130405 HEALTHCARE SVCS. NJ NA C CORP. false BREAST IMAGING PARTNERS PC 718 TEANECK ROAD TEANECK NJ 07666 753226059 HEALTHCARE SVCS. NJ NA C CORP. false HOLY NAME CARDIOLOGY ASSOCIATES PC 718 TEANECK ROAD TEANECK NJ 07666 753226063 HEALTHCARE SVCS. NJ NA C CORP. false BREAST CARE PARTNERS PC 718 TEANECK ROAD TEANECK NJ 07666 113787403 HEALTHCARE SVCS. NJ NA C CORP. false HOLY NAME PULMONARY ASSOCIATES PC 718 TEANECK ROAD TEANECK NJ 07666 830511119 HEALTHCARE SVCS. NJ NA C CORP. false WOMEN'S CLINIC PARTNERS PC 718 TEANECK ROAD TEANECK NJ 07666 364635222 HEALTHCARE SVCS. NJ NA C CORP. false MULKAY CARDIOLOGY CONSULTANTS AT HNMC 718 TEANECK ROAD TEANECK NJ 07666 463392343 HEALTHCARE SVCS. NJ NA C CORP. false HN PRIMARY CARE & SPECIALTY ASSOC PC 718 TEANECK ROAD TEANECK NJ 07666 463825486 HEALTHCARE SVCS. NJ NA C CORP. false PRIMARY CARE OF ORADELL 718 TEANECK ROAD TEANECK NJ 07666 474651750 HEALTHCARE SVCS. NJ NA C CORP. false HOLY NAME MEDICAL ASSOCIATES PC 718 TEANECK ROAD TEANECK NJ 07666 474693593 HEALTHCARE SVCS. NJ NA C CORP. false HOLY NAME PHYSICIAN PARTNERS PC 718 TEANECK ROAD TEANECK NJ 07666 474715360 HEALTHCARE SVCS. NJ NA C CORP. false HOLY NAME ANESTHESIA PARTNERS PC 718 TEANECK ROAD TEANECK NJ 07666 842398656 HEALTHCARE SVCS. NJ NA C CORP. false PAIX TECHNOLOGIES INC 718 TEANECK ROAD TEANECK NJ 07666 852917949 COMPUTER SVCS. NJ NA C CORP. false HNH Insurance Company Ltd 113 SOUTH CHURCH STREET GRAND CAYMAN CJ KY1-1102 FINANCIAL VEHICLE CJ NA FOREIGN CORP. false PAIX SERVICES INDIA PRIVATE LIMITED 4TH FLOOR WEST WING CHENNAI CHENNAI IN 600004 ADMIN. SERVICES IN NA FOREIGN CORP. false false false false false true false false false false false false false false true true false false false false SCHEDULE R, PART V THIS ORGANIZATION IS A MEMBER OF HOLY NAME MEDICAL CENTER, INC. AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM. FUNDS ARE ROUTINELY TRANSFERRED BETWEEN AFFILIATES AND BUSINESS ACTIVITIES ARE COMMON ON BEHALF OF THE SYSTEM'S AFFILIATES, INCLUDING THIS ORGANIZATION. THESE TRANSACTIONS MAY BE RECORDED ON THE REVENUE/EXPENSE AND BALANCE SHEET STATEMENTS OF THIS ORGANIZATION AND OTHER AFFILIATES. THE SYSTEM'S ENTITIES WORK TOGETHER TO DELIVER HIGH QUALITY COST EFFECTIVE HEALTHCARE AND WELLNESS SERVICES TO THEIR COMMUNITIES REGARDLESS OF ABILITY TO PAY AND IN FURTHERANCE OF CHARITABLE TAX-EXEMPT PURPOSES.