2025-11-15T21:09:28-06:00 2024-12-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2024-01-01 133896624 CATHOLIC HEALTH CARE SYSTEM CATH 6466334700 205 LEXINGTON AVENUE - 2ND FLOOR NEW YORK NY 10016 ANNMARIE COVONE EXECUTIVE VP & CFO 6466334700 2025-11-15 1 1 MELISSA MODELSON P01603524 9143818900 2025-11-15 2024 2025-03-06 01:10:19Z ARCHCARE SCOTT P LA RUE 205 LEXINGTON AVENUE - 2ND FLOOR NEW YORK NY 10016 73477835 0 0928 X WWW.ARCHCARE.ORG X 1996 NY TO FOSTER AND PROVIDE FAITH-BASED HOLISTIC CARE TO FRAIL AND VULNERABLE PEOPLE UNABLE TO FULLY CARE FOR THEMSELVES. THROUGH SHARED COMMITMENTS, ARCHCARE SEEKS TO IMPROVE THE QUALITY OF THE LIVES OF THOSE INDIVIDUALS AND THEIR FAMILIES. 22 22 457 23 0 0 3914626 3080789 107714960 69694264 631778 625218 29039 77564 112290403 73477835 53955 72500 0 0 16459754 19059108 0 0 0 76909574 36340372 93423283 55471980 18867120 18005855 61723057 63150400 56788750 46155931 4934307 16994469 X THE CATHOLIC HEALTH CARE SYSTEM ("CHCS OR THE "SYSTEM") IS A HEALTH CARE DELIVERY SYSTEM COMPOSED OF HOSPITALS, NURSING HOMES, MANAGED CARE PLANS AND OTHER ENTITIES THAT DELIVER AND PROVIDE FOR THE DELIVERY OF HEALTH CARE SERVICES (THE "CHCS ENTITIES") IN THE GREATER NEW YORK AREA AND THE HUDSON VALLEY. CHCS IS DEDICATED TO PROMOTING HIGH QUALITY PATIENT CARE THROUGHOUT THE SYSTEM, TO CREATING EFFICIENCIES BY STREAMLINING MANAGEMENT AND OPERATIONS, AND TO ENHANCING THE FINANCIAL STRENGTH OF THE CHCS ENTITIES AND THE SYSTEM. CHCS AND THE CHCS ENTITIES ARE COMMITTED TO FULFILLING THE CATHOLIC MISSION COMMON TO EACH. THE PURPOSES AND OPERATIONS OF CHCS SHALL BE CARRIED OUT IN CONFORMITY WITH THE VALUES AND TEACHINGS OF THE ROMAN CATHOLIC CHURCH AND WITH THE ETHICAL AND RELIGIOUS DIRECTIVES FOR CATHOLIC HEALTH CARE SERVICES OF THE NATIONAL CONFERENCE OF CATHOLIC BISHOPS AS INTERPRETED BY THE ARCHBISHOP OF NEW YORK. 0 1 30471177 72500 30881788 CHCS ESTABLISHED AS A SELF-INSURED TRUST FOR HEALTH INSURANCE FOR ITSELF AND ITS AFFILIATES IN ORDER TO STREAMLINE SYSTEM ADMINISTRATION AND CONTROL ASSOCIATED EXPENSES. CHCS'S ADMINISTRATIVE DUTIES INCLUDE THE COLLECTION OF HEALTH BENEFIT PREMIUMS FROM THE CHCS INSTITUTIONS AND PAYMENT OF MEDICAL AND PHARMACEUTICAL CLAIMS TO THE THIRD PARTY ADMINISTRATOR FOR THE PROGRAM. 7452315 0 8726772 TOGETHER WE CAN STAFFING AGENCY, LLC (THE "AGENCY") PROVIDES STAFFING SUPPORT TO CHCS HEALTHCARE PROVIDERS IN NEW YORK. 1597560 0 30085704 THE PROVISION OF MANAGEMENT AND SUPPORT SERVICES TO HEALTH CARE NOT-FOR-PROFIT ORGANIZATIONS OF WHICH IT IS THE SOLE MEMBER. 39521052 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 29 0 457 1 0 0 0 0 0 0 0 0 0 0 1 0 X 22 22 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANNMARIE COVONE 6466334702 205 LEXINGTON AVE - 2ND FLOOR NEW YORK NY 10016 FRANCIS J SERBAROLI ESQ CHAIRMAN 0.10 1.70 X X 0 0 0 THOMAS M O'BRIEN VICE-CHAIR 0.10 1.70 X X 0 0 0 DR TARA A CORTES SECRETARY 0.10 1.70 X X 0 0 0 THOMAS E ALBERTO BOARD MEMBER 0.10 1.70 X 0 0 0 STEVE BUJNO BOARD MEMBER 0.10 1.70 X 0 0 0 JOHN CAHILL BOARD MEMBER 0.10 1.70 X 0 0 0 JOHN T DUNLAP BOARD MEMBER THRU JUNE 2024 0.10 1.70 X 0 0 0 THOMAS J FAHEY JR MD BOARD MEMBER 0.10 1.70 X 0 0 0 ERIC P FELDMANN BOARD MEMBER 0.10 1.70 X 0 0 0 SISTER SELINE FLORES BOARD MEMBER 0.10 1.70 X 0 0 0 JOHN GLEASON BOARD MEMBER 0.10 1.70 X 0 0 0 KAREN GRAY BOARD MEMBER 0.10 1.70 X 0 0 0 CLARION E JOHNSON MD BOARD MEMBER 0.10 1.70 X 0 0 0 LESLIE KASEGRANDE BOARD MEMBER 0.10 1.70 X 0 0 0 RORY KELLEHER BOARD MEMBER 0.10 1.70 X 0 0 0 MSGR JOSEPH LAMORTE BOARD MEMBER 0.10 1.70 X 0 0 0 RICHARD PARK MD BOARD MEMBER 0.10 1.70 X 0 0 0 CYNTHIA ROBERT BOARD MEMBER 0.10 1.70 X 0 0 0 KATHRYN ROONEY BOARD MEMBER 0.10 1.70 X 0 0 0 JOSEPH SAPORITO BOARD MEMBER 0.10 1.70 X 0 0 0 GT SWEENEY BOARD MEMBER 0.10 1.70 X 0 0 0 DR PATRICIA TOOKER BOARD MEMBER 0.10 1.70 X 0 0 0 BISHOP GERALD WALSH BOARD MEMBER 0.10 1.70 X 0 0 0 SCOTT P LA RUE PRESIDENT/CEO 37.00 1.80 X 1977036 0 439006 ANNMARIE COVONE EXECUTIVE VP/CFO 37.00 1.80 X 1366434 0 369602 MITZE A AMOROSO CHIEF INFORMATION OFFICER 35.00 0.00 X 652851 0 145925 SARAH D STRUM VP OF COMPLIANCE & REGULATION 35.00 0.00 X 540597 0 162484 TIMOTHY JOHNSON AVP FINANCE 35.00 0.00 X 317982 0 12699 GEMMA AUGUSTINE AVP FINANCE 35.00 0.00 X 293061 0 25914 JEFFREY D LEVINE AVP FINANCE 35.00 0.00 X 288927 0 31411 5436888 0 1187041 32 0 1 0 INDEED INC PO BOX 1270 NEWARK NJ 07101 JOB SEARCH SERVICES 278429 IHEARTMEDIA PO BOX 419499 BOSTON MA 02241 ADVERTISING SERVICES 148698 AUDACY OPERATIONS INC PO BOX 74079 CLEVELAND OH 44194 ADVERTISING SERVICES 147060 JEFFREY A SACHS ASSOCIATES 60 ERIE AVENUE ATLANTIC BEACH NY 11509 CONSULTING 120000 MOBILE HEALTH MEDICAL SERVICES PO BOX 980 NEW YORK NY 10008 EMPLOYEE SCREENING SERVICES 118921 5 3080789 3080789 INSURANCE PREMIUMS 900099 30645826 30645826 MGMT SERVICE ASSESSMENTS 561000 30035989 30035989 MANAGEMENT FEES 900099 8726772 8726772 PATIENT SERVICE REVENUE 621300 235962 235962 RENTAL INCOME 900099 49715 49715 69694264 625218 625218 MISCELLANEOUS INCOME 900099 77564 77564 77564 73477835 69694264 0 702782 72500 72500 3613529 3613529 12516875 6533040 5983835 668739 14785 653954 964548 66894 897654 1295417 876802 418615 80040 80040 238529 238529 936713 40 936673 271991 271991 717442 1041 716401 478660 478660 1634660 1632329 2331 60669 60669 282980 282980 154960 132639 22321 260329 260329 SELF-INSURED HEALTH INS 29900045 29900045 PURCH. & CONTRACTED SER 600344 63117 537227 OTHER DIRECT EXPENSE 495152 495152 MEDICAL SUPPLIES 227820 227820 38 38 55471980 39521052 15950928 0 1292350 3171818 15765341 10943829 3820960 3126231 299684 267740 6371621 6007642 394993 363979 40149729 45276803 61723057 63150400 9529629 3508726 5754427 9976108 3425453 3425453 38079241 29245644 56788750 46155931 X 4934307 16994469 4934307 16994469 61723057 63150400 X 18005855 -5945693 X X 0 1 X 1 0 X 1491659 2500000 1293402 3914626 3080789 12280476 103719030 93491093 97057082 107714960 69694264 471676429 105210689 95991093 98350484 111629586 72775053 483956905 0 15835900 15785381 16493851 20695237 31046755 99857124 15835900 15785381 16493851 20695237 31046755 99857124 384099781 88901 22012 92297 631778 625218 1460206 88901 22012 92297 631778 625218 1460206 750 606 402 29039 77564 108361 105300340 96013711 98443183 112290403 73477835 485525472 0.79110 0.83630 0.00300 0.00210 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 750. 2021 AMOUNT: $ 606. 2022 AMOUNT: $ 402. 2023 AMOUNT: $ 29,039. 2024 AMOUNT: $ 77,564. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2341791 2251550 90241 4029830 3756092 273738 363979 LETTERS OF CREDIT & ESCROW 6405562 DUES AND ASSESSMENT RECEIVABLES 21389154 DUE FROM RELATED PARTIES 121305 SELF INSURED MEDICAL BENEFITS, NET 13012157 RIGHT OF USE ASSETS 4337005 INSURANCE RECOVERIES RECEIVABLE 11620 45276803 ACCRUED PENSION LIABILITY 6418795 INCURRED BUT NOT PAID MEDICAL CLAIMS 5650538 DUE TO RELATED PARTIES 5474558 REFUNDS 3528811 OPERATING LEASE LIABILITY 4525137 INSURANCE LIABILITIES 11620 OTHER LIABILITIES 3636185 29245644 X 80545465 7067630 7067630 73477835 0 73477835 88724663 33252683 33252683 55471980 0 55471980 PART X, LINE 2: CHCS RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT CHCS HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. CHCS IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE ATTRIBUTABLE TO RELATED ENTITIES: 7,067,630. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ATTRIBUTABLE TO CONSOLIDATED ENTITIES: 33,252,683. 1 ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATION INC 225 N MICHIGAN AVE STE 1700 CHICAGO IL 60601 133039601 501(C)(3) 20000 0 SUPPORT FOR THE ANNUAL GALA MOUNT SINAI HEALTH SYSTEM INC 1 GUSTAVE L LEVY PL BOX 1223 NEW YORK NY 10029 464248304 501(C)(3) 15000 0 SUPPORT FOR THE ANNUAL GALA PARKER JEWISH INSTITUTE FOR HEALTH CARE AND REHABILITATION 271-11 76TH AVENUE NEW HYDE PARK NY 11040 132631069 501(C)(3) 15000 0 SUPPORT FOR THE ANNUAL GALA NUVANCE HEALTH 45 READE PLACE POUGHKEEPSIE NY 12601 834214573 501(C)(3) 10000 0 SUPPORT FOR THE ANNUAL GALA USA EAST PROVINCE OF THE SOCIETY OF JESUS INC 39 E 83RD ST NEW YORK NY 10028 852331484 501(C)(3) 7500 0 SUPPORT FOR THE ANNUAL GALA 5 0 PART I, LINE 2: THE ORGANIZATION GIVES OUT GRANTS TO VARIOUS OTHER NONPROFIT ORGANIZATIONS, PRIMARILY IN THE FIELD OF HEALTHCARE. THE GRANTS ARE FOR SUPPORT FOR EACH GRANTEE'S ANNUAL GALA. EMPLOYEES AND BOARD MEMBERS OF CATHOLIC HEALTH CARE SYSTEM ATTEND EACH GALA TO ENSURE THE FUNDS ARE USED TO SUPPORT THE EVENT. X X X X 0 1 0 0 0 0 0 1 0 SCOTT P LA RUE PRESIDENT/CEO 1244872 0 523969 0 208195 0 409677 0 29329 0 2416042 0 354035 0 ANNMARIE COVONE EXECUTIVE VP/CFO 883483 0 354880 0 128071 0 329067 0 40535 0 1736036 0 239784 0 MITZE A AMOROSO CHIEF INFORMATION OFFICER 482388 0 135450 0 35013 0 131411 0 14514 0 798776 0 91520 0 SARAH D STRUM VP OF COMPLIANCE & REGULATION 434710 0 99912 0 5975 0 119637 0 42847 0 703081 0 80412 0 TIMOTHY JOHNSON AVP FINANCE 288998 0 28984 0 0 0 11400 0 1299 0 330681 0 0 0 JEFFREY D LEVINE AVP FINANCE 288927 0 0 0 0 0 11400 0 20011 0 320338 0 0 0 GEMMA AUGUSTINE AVP FINANCE 288061 0 5000 0 0 0 11400 0 14514 0 318975 0 0 0 PART I, LINE 4B SCOTT P. LA RUE AND ANNMARIE COVONE PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. CATHOLIC HEALTH CARE SYSTEM D/B/A ARCHCARE DISTRIBUTED $205,783 TO SCOTT AND $114,139 TO ANNMARIE IN THEIR 2024 W-2S. PART I, LINE 7 THE ORGANIZATION PAID DISCRETIONARY BONUSES TO CERTAIN INDIVIDUALS LISTED IN PART II AS REPORTED IN COLUMN B(II) FOR THE APPLICABLE INDIVIDUALS. FORM 990, PART I, ITEM C DBA: CATHOLIC HEALTH CARE SYSTEM OF THE ARCHDIOCESE OF NEW YORK FORM 990, PART III, LINE 3 CATHOLIC SPECIAL NEEDS PLAN LLC D/B/A ARCHCARE ADVANTAGE CEASED OPERATIONS IN 2024 AS IT DECIDED TO NOT RENEW THEIR CONTRACT WITH MEDICARE TO PROVIDE MANAGED CARE SERVICES. FORM 990, PART VI, SECTION A, LINE 6 PROVIDENCE HEALTH SERVICES (PROVIDENCE) IS THE SPONSOR (THE SPONSOR) OF CATHOLIC HEALTH CARE SYSTEM (CHCS) AND THE CHCS ENTITIES AND IS THE SOLE CORPORATE MEMBER OF CHCS (MEMBER). FORM 990, PART VI, SECTION A, LINE 7A THE SOLE "MEMBER" HAS THE RIGHT TO APPOINT AND REMOVE WITH OR WITHOUT CAUSE THE MEMBERS OF THE BOARD OF TRUSTEES OF CHCS AND THE CHAIRMAN OF THE BOARD OF TRUSTEES OF CHCS; PROVIDED THAT PROVIDENCE MAY CONSIDER CANDIDATES NOMINATED BY THE BOARD OF TRUSTEES OF CHCS. FORM 990, PART VI, SECTION A, LINE 7B RESERVED POWERS OF PROVIDENCE: A.PROVIDENCE SHALL HAVE SOLE AUTHORITY WITH RESPECT TO THE FOLLOWING MATTERS: (I)AMENDMENT TO THE CERTIFICATE OF INCORPORATION OF CHCS; (II)AMENDMENT TO THE BYLAWS OF CHCS; AND (III)A CHANGE IN THE MISSION OF CHCS; (IV)APPOINTMENT AND REMOVAL WITH OR WITHOUT CAUSE OF THE MEMBERS OF THE BOARD OF TRUSTEES OF CHCS AND THE CHAIRMAN OF THE BOARD OF TRUSTEES OF CHCS; PROVIDED THAT PROVIDENCE MAY CONSIDER CANDIDATES NOMINATED BY THE BOARD OF TRUSTEES OF CHCS. B.PROVIDENCE SHALL HAVE SOLE AUTHORITY OVER THE FOLLOWING MATTERS BUT MAY CONSIDER THE RECOMMENDATIONS OF THE CHCS BOARD OF TRUSTEES IN RESPECT THEREOF: (I)ANY CHCS REAL PROPERTY TRANSACTION OR CAPITAL PROJECTS INVOLVING THE SALE, PLEDGE, TRANSFER OR OTHER ENCUMBRANCE OF REAL PROPERTY OR OTHER FIXED ASSETS OF CHCS EQUAL TO OR ABOVE A VALUE OF $400,000; (V)ANY LEASE OF REAL PROPERTY FOR A PERIOD EQUAL TO OR GREATER THAN NINE (9) YEARS; (VI)ANY DEBT INCURRENCE BY CHCS IN AN AMOUNT EQUAL TO OR GREATER THAN $400,000 SECURED BY THE PROPERTY, REVENUES, OR OTHER ASSETS OF CHCS OR A CHCS INSTITUTION, AND ANY UNSECURED DEBT INCURRENCE BY ANY ONE OF OR GROUP OF THE CHCS ENTITIES, IN AN AMOUNT GREATER THAN $3,000,000; (VII)THE ESTABLISHMENT OF A NEW RELATED ENTITY BY CHCS; (VIII)ANY DISPOSITION OF ARTIFACTS OF SIGNIFICANT HISTORICAL OR ARTISTIC VALUE; (IX)APPROVAL OF ANY MERGER, CONSOLIDATION, PURCHASE OR JOINT OPERATING AGREEMENT INVOLVING THE CORPORATION; AND (X)APPROVAL OF ANY PLAN OF DISSOLUTION OR LIQUIDATION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B CATHOLIC HEALTH CARE SYSTEM D/B/A ARCHCARE 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. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY ON CONFLICTS OF INTEREST IS DESIGNED TO PROVIDE GUIDANCE TO ALL MEMBERS OF THE BOARD, THE OFFICERS OF THE ORGANIZATION, AND TO ALL PERSONS EMPLOYED BY THE ORGANIZATION. A BOARD MEMBER OR OFFICER MUST DISCLOSE ANY CONFLICT OF INTEREST OF WHICH HE OR SHE HAS KNOWLEDGE: (A) PRIOR TO VOTING ON OR OTHERWISE DISCHARGING HIS OR HER DUTIES WITH RESPECT TO ANY MATTER INVOLVING THE CONFLICT WHICH COMES BEFORE THE BOARD OR ANY COMMITTEE OF THE BOARD; (B) PRIOR TO ENTERING INTO ANY CONTRACT OR TRANSACTION INVOLVING THE ORGANIZATION; (C) AS SOON AS POSSIBLE AFTER THE BOARD MEMBER OR OFFICER SHALL LEARN OF A CONFLICT OF INTEREST IN ANY OTHER CONTEXT. DISCLOSURE OF THE MATERIAL FACTS SURROUNDING THE BOARD MEMBER OR OFFICER'S CONFLICT OF INTEREST SHALL BE MADE TO THE SECRETARY OF THE BOARD OF MANAGERS OR, IN THE CASE OF A COMMITTEE, TO THE CHAIRPERSON OF THAT COMMITTEE (WHO SHALL NOTIFY THE SECRETARY). THE SECRETARY OR COMMITTEE CHAIRPERSON MUST INFORM THE OTHER MEMBERS OF THE BOARD OR COMMITTEES PRIOR TO ANY ACTION THEREON. FAILURE TO DISCLOSE ADEQUATELY A POTENTIAL OR ACTUAL CONFLICT OF INTEREST MUST CONSTITUTE CAUSE FOR REMOVAL FROM THE BOARD. FOLLOWING RECEIPT OF INFORMATION CONCERNING A CONTRACT OR TRANSACTION INVOLVING A POTENTIAL CONFLICT OF INTEREST, THE BOARD SHALL CONSIDER THE MATERIAL FACTS CONCERNING THE PROPOSED CONTRACT OR TRANSACTION, INCLUDING THE PROCESS BY WHICH THE DECISION WAS MADE TO RECOMMEND ENTERING INTO THE ARRANGEMENT ON THE TERMS PROPOSED. (A) AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE OR SHE MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. AN INTERESTED BOARD MEMBER MAY NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT A MEETING OF THE BOARD OR COMMITTEE AT WHICH DISCUSSION OR A VOTE ON THE TRANSACTION OR ARRANGEMENT TAKES PLACE. (B) AN INTERESTED BOARD MEMBER OR OFFICER SHALL NOT USE PERSONAL INFLUENCE WITH REGARD TO THE BOARD'S DETERMINATION THAT A CONFLICT EXISTS OR THE BOARD'S VOTE ON THE MATTER. (C) IF APPROPRIATE, THE CHAIRPERSON SHALL APPOINT A DISINTERESTED PERSON OR A COMMITTEE OF THE BOARD TO CONDUCT AN ASSESSMENT OF FAIR MARKET VALUE FOR A PARTICULAR TRANSACTION, OR TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. (D) THE BOARD SHALL APPROVE ONLY THOSE CONTRACTS OR TRANSACTIONS IN WHICH THE TERMS ARE FAIR AND REASONABLE TO THE ORGANIZATION AND THE ARRANGEMENTS ARE CONSISTENT WITH THE BEST INTERESTS OF THE ORGANIZATION. THE MINUTES OF THE BOARD AND OF ALL COMMITTEES WITH BOARD DELEGATED POWERS SHALL CONTAIN THE FOLLOWING WITH REGARD TO CONSIDERATION OF ANY MATTER INVOLVING A CONFLICT OF INTEREST: (A) THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL OR OTHER INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE CONFLICT OF INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED; (B) THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSION AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, A SUMMARY OF THE CONTENT OF THE DISCUSSION, INCLUDING CONSIDERATION OF ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT AND THE NATURE OF AND SOURCE OF ANY DATA RELIED UPON IN MAKING AN ASSESSMENT OF FAIR MARKET VALUE, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION THEREWITH; AND (C) IN ANY CASE WHEN THE BOARD APPROVES AN ARRANGEMENT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, THE MINUTES OF THE MEETING SHALL SET FORTH THE BASIS FOR THE BOARD'S DECISION. AN EMPLOYEE OF THE ORGANIZATION WITH A POTENTIAL CONFLICT OF INTEREST IN A PARTICULAR MATTER SHALL PROMPTLY AND FULLY DISCLOSE THE POTENTIAL CONFLICT TO HIS OR HER SUPERVISOR. THE EMPLOYEE SHALL THEREAFTER REFRAIN FROM PARTICIPATING IN ANY DECISIONS RELATING TO THE MATTER AND FOLLOW THE DIRECTION OF THE SUPERVISOR AS TO HOW THE ORGANIZATION'S DECISIONS WHICH ARE THE SUBJECT OF THE CONFLICT WILL BE DETERMINED. THE COMPLIANCE DIRECTOR OF THE ORGANIZATION SHALL BE RESPONSIBLE FOR DETERMINING THE PROPER WAY FOR THE ORGANIZATION TO HANDLE THE ORGANIZATION'S DECISIONS WHICH INVOLVE UNRESOLVED EMPLOYEE CONFLICTS OF INTEREST. IN MAKING SUCH DETERMINATIONS, THE COMPLIANCE DIRECTOR OF THE ORGANIZATION MAY CONSULT WITH LEGAL COUNSEL, AS APPROPRIATE. THE COMPLIANCE DIRECTOR OF THE ORGANIZATION SHALL REPORT TO THE BOARD AT LEAST ANNUALLY CONCERNING EMPLOYEE CONFLICTS OF INTEREST WHICH HAVE BEEN DISCLOSED AND CONTRACTS AND TRANSACTIONS INVOLVING EMPLOYEE CONFLICTS WHICH THE SECRETARY OF THE ORGANIZATION'S BOARD OF MANAGERS HAS APPROVED. EACH BOARD MEMBER, OFFICER, MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS, AND KEY EMPLOYEE OF THE ORGANIZATION SHALL SIGN A STATEMENT WITHIN 30 DAYS OF ASSUMING SUCH RESPONSIBILITY, AND ANNUALLY THEREAFTER, AFFIRMING THAT SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; (B) HAS READ AND UNDERSTANDS THE POLICY; (C) HAS AGREED TO COMPLY WITH THE POLICY; AND (D) UNDERSTANDS THAT THE ORGANIZATION CANNOT ENGAGE IN A TRANSACTION OR ENTER INTO A COMPENSATION ARRANGEMENT WITH BOARD MEMBERS, OFFICERS, SENIOR STAFF MEMBERS, OR OTHERS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF THE ORGANIZATION THAT PROVIDES AN ECONOMIC BENEFIT TO SUCH PERSON IN EXCESS OF THE CONSIDERATION OR SERVICES THAT THE ORGANIZATION RECEIVES IN RETURN. IN ADDITION, THOSE INDIVIDUALS COMPLETING THE STATEMENT ARE ALSO REQUIRED TO DISCLOSE PERSONAL OR OTHER BUSINESS INTERESTS THAT COULD GIVE RISE TO CONFLICTS WITH THEIR ROLE WITH ARCHCARE. THESE STATEMENTS ARE SUMMARIZED AND PROVIDED TO THE GOVERNING BODY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION UNDERTAKES A RIGOROUS PROCESS TO ENSURE THAT ITS EXECUTIVE COMPENSATION IS REASONABLE AND COMPETITIVE. TOWARD THAT END, THE BOARD OF TRUSTEES HAS A COMPENSATION COMMITTEE OF INDEPENDENT PERSONS THAT HAVE NO PERSONAL INTEREST IN ANY PROPOSED COMPENSATION ARRANGEMENT. THE BOARD ENGAGED AN INDEPENDENT COMPENSATION CONSULTANT WHO CONDUCTED INDEPENDENT RESEARCH AND UTILIZED A WIDE RANGE OF INDUSTRY DATA TO DEVELOP COMPARABILITY OR BENCHMARKING DATA FOR APPROPRIATE LEVELS OF COMPENSATION FOR TOP MANAGEMENT, OFFICERS, AND KEY EMPLOYEES. THE CONSULTANT PROJECTED THE DATA FOR THE FOLLOWING THREE YEARS FOR EACH SALARY LEVEL. THE COMPENSATION COMMITTEE, TAKING THE CONSULTANT'S RECOMMENDATIONS UNDER ADVISEMENT, HELD A MEETING AT WHICH CONTEMPORANEOUS MINUTES WERE KEPT AND AT THAT MEETING DETERMINED TO MAKE RECOMMENDATIONS TO THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES THEN CONSIDERED AND APPROVED THE RECOMMENDATIONS OF THE COMPENSATION COMMITTEE, WHICH APPROVAL WAS RECORDED IN THE MINUTES OF THE MEETING OF THE BOARD OF TRUSTEES. IN 2024, THE CONSULTANT UPDATED ITS REVIEW OF THE COMPENSATION STRUCTURE OF TOP MANAGEMENT, OFFICERS, AND KEY EMPLOYEES FOLLOWING THE METHOD DESCRIBED ABOVE. IN ADDITION, THE ORGANIZATION UPDATED ITS REVIEW OF THE COMPENSATION STRUCTURE FOR ALL OTHER POSITIONS (NON-UNION). 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 POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XI, LINE 9: EQUITY TRANSFERS BETWEEN AFFILIATES -11,324,465. PENSION LIABILITY ADJUSTMENT 5,378,772. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. CATHOLIC SPECIAL NEEDS PLAN LLC DBA ARCHCARE ADVANTAGE 205 LEXINGTON AVE 2ND FLR NEW YORK NY 10016 061808591 OPERATE A COMPREHENSIVE RISK BASED HMO NY 695131 13794890 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE CATHOLIC HEALTH CARE NETWORK RESOURCES LLC 205 LEXINGTON AVE 2ND FLR NEW YORK NY 10016 SUPPORT MISSION OF CATHOLIC HEALTH CARE SYSTEM D/B/A ARCHCARE NY 0 0 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE TOGETHER WE CAN STAFFING AGENCY LLC 205 LEXINGTON AVE 2ND FLR NEW YORK NY 10016 921435410 EMPLOYMENT STAFFING AGENCY FOR AFFILIATES NY 8747524 1943309 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE ARCHCARE COMMUNITY SERVICES INC 205 LEXINGTON AVE 2ND FL NEW YORK NY 10016 813563801 PROVIDE COMMUNITY AND PASTORAL SERVICES AND SUPPORTIVE HOUSING NY 501(C)(3) LINE 12B, II CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 BENEFICE ADVANTAGE INC 205 LEXINGTON AVE 2ND FL NEW YORK NY 10016 134201050 DORMANT/PROVIDE ADMIN., BENEFITS COORDINATING AND OTHER SERVICES TO ARCHCARE NY 501(C)(3) LINE 1 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 BROOKLYN VISITING NURSE FOUNDATION 205 LEXINGTON AVE 2ND FL NEW YORK NY 10016 113312248 DORMANT/RAISE FUNDS FOR AFFILIATED ORGANIZATIONS NY 501(C)(3) LINE 12B, II VISITING NURSE REGIONAL HEALTH CARE SYSTEM INC 0 CALVARY FUND INC 1740 EASTCHESTER ROAD BRONX NY 10461 133259649 SUPPORT CALVARY HOSPITAL NY 501(C)(3) LINE 12A, I CALVARY HOLDING COMPANY INC 0 CALVARY HOLDING COMPANY 1740 EASTCHESTER ROAD BRONX NY 10461 061531426 TO SUPPORT CALVARY HOSPITAL AND ITS AFFILIATED ORGANIZATIONS NY 501(C)(3) LINE 12A, I CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 CALVARY HOSPITAL INC 1740 EASTCHESTER ROAD BRONX NY 10461 131740274 OPERATE A TAX EXEMPT HOSPITAL NY 501(C)(3) LINE 3 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 CARMEL RICHMOND NURSING HOME INC 88 OLD TOWN ROAD STATEN ISLAND NY 103044299 132720248 OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY NY 501(C)(3) LINE 10 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 CATHOLIC HEALTH CARE FOUNDATION OF THE ARCHDIOCESE OF NY INC 205 LEXINGTON AVENUE 2ND FLOOR NEW YORK NY 10016 134054158 PROVIDE FUNDS TO SUPPORT THE MISSION OF CHCS FACILITIES NY 501(C)(3) LINE 7 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 CATHOLIC MANAGED LONG TERM CARE INC 205 LEXINGTON AVENUE 2ND FLOOR NEW YORK NY 10016 208180809 OPERATE A MANAGED LONG TERM CARE PLAN NY 501(C)(3) LINE 10 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 CATHOLIC RESOURCES INC 205 LEXINGTON AVE 2ND FL NEW YORK NY 10016 261306110 PROVIDE PARISH OUTREACH SERVICES & SOCIAL & HEALTH CARE SERVICE INFORMATION NY 501(C)(3) LINE 1 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 DOMINICAN SISTERS FAMILY HEALTH SERVICE INC 299 NORTH HIGHLAND AVENUE OSSINING NY 10562 131740242 HOME HEALTH AGENCY NY 501(C)(3) LINE 10 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 EMPIRE STATE HOME CARE SERVICES INC 15 METROTECH CENTER NO 11TH FL BROOKLYN NY 11201 133618585 HOME HEALTH AGENCY NY 501(C)(3) LINE 10 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 FAMILY HOME HEALTH CARE INC 65 SOUTH BROADWAY TARRYTOWN NY 10591 133831377 HOME CARE NY 501(C)(3) LINE 10 DOMINICAN SISTERS FAMILY HEALTH SERVICE INC 0 FERNCLIFF NURSING HOME COMPANY INC 21 FERNCLIFF DRIVE RHINEBECK NY 12572 141514053 OPERATE SKILLED NURSING FACILITY & ADULT HEALTH CARE PROGRAM NY 501(C)(3) LINE 10 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 KATERI RESIDENCE 205 LEXINGTON AVE 2ND FL NEW YORK NY 10016 133086309 DORMANT/OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY NY 501(C)(3) LINE 10 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 MARY MANNING WALSH NURSING HOME COMPANY INC 1339 YORK AVENUE NEW YORK NY 10021 136220617 OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY NY 501(C)(3) LINE 10 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 OUR LADY OF MERCY FUND OF NEW YORK NY 205 LEXINGTON AVE 2ND FL NEW YORK NY 10016 133452084 DORMANT/PROVIDE FUNDS TO SUPPORT THE MISSION OF CHCS FACILITIES NY 501(C)(3) LINE 7 OUR LADY OF MERCY HEALTHCARE SYSTEM INC 0 OUR LADY OF MERCY HEALTHCARE SYSTEM INC 205 LEXINGTON AVE 2ND FL NEW YORK NY 10016 133395946 DORMANT/PROVIDE FUNDS TO SUPPORT THE MISSION OF CHCS FACILITIES NY 501(C)(3) LINE 12A, I CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 PROVIDENCE HEALTH SERVICES 1011 1ST AVENUE NEW YORK NY 10022 133354940 SPONSOR OF CATHOLIC HEALTH CARE SYSTEM D/B/A ARCHCARE NY 501(C)(3) LINE 3 N/A 0 PROVIDENCE REST 3304 WATERBURY AVENUE BRONX NY 10465 131740301 OPERATE SKILLED NURSING FACILITY & ADULT HEALTH CARE PROGRAM NY 501(C)(3) LINE 10 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 ST TERESA'S NURSING HOME INC 205 LEXINGTON AVE 2ND FL NEW YORK NY 10016 237012219 DORMANT/OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY NY 501(C)(3) LINE 10 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 ST THERESA'S RESIDENCE 205 LEXINGTON AVE 2ND FL NEW YORK NY 10016 133110063 DORMANT/INTERMEDIATE CARE FACILITY FOR DEVELOPMENTALLY DISABLED NY 501(C)(3) LINE 10 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 ST VINCENT DE PAUL RESIDENCE 900 INTERVALE AVENUE BRONX NY 10459 133598842 OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY NY 501(C)(3) LINE 10 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 TERENCE CARDINAL COOKE HEALTH CARE CENTER 1249 FIFTH AVENUE NEW YORK NY 10029 133007801 OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY NY 501(C)(3) LINE 10 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 VISITING NURSE ASSOCIATION OF BROOKLYN INC 205 LEXINGTON AVE 2ND FL NEW YORK NY 10016 111977434 DORMANT/HOME HEALTH CARE NY 501(C)(3) PF VISITING NURSE REGIONAL HEALTH CARE SYSTEM INC 0 VISITING NURSE REGIONAL HEALTH CARE SYSTEM INC 205 LEXINGTON AVE 2ND FL NEW YORK NY 10016 113574017 DORMANT/SUPPORT AND MANAGEMENT SERVICES FOR ITS AFFILIATES NY 501(C)(3) PF CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 ULSTER HOME CARE INC PO BOX 1850 KINGSTON NY 12402 141702962 HOME CARE NY 501(C)(3) LINE 10 UMC INC 0 ULSTER HOME HEALTH SERVICES INC PO BOX 1850 KINGSTON NY 12402 141513989 HOME CARE NY 501(C)(3) LINE 10 UMC INC 0 UMC INC PO BOX 1850 KINGSTON NY 12402 141701702 MANAGEMENT SERVICES NY 501(C)(3) LINE 12B, II CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 EGER HEALTH CARE AND REHABILITATION CENTER 140 MEISNER AVENUE STATEN ISLAND NY 10306 133524533 OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY NY 501(C)(3) LINE 10 CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE 1 ST AGNES HOSPITAL 305 NORTH STREET WHITE PLAINS NY 10605 131740121 DORMANT/OPERATE A TAX EXEMPT HOSPITAL NY CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE C 1.00000 1 1 0 0 1 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 CALVARY HOSPITAL L 770004 BOOK VALUE CARMEL RICHMOND HEALTHCARE AND REHABILITATION CENTER L 2860582 BOOK VALUE CATHOLIC HEALTH CARE FOUNDATION OF THE ARCHDIOCESE OF NY INC R 666344 BOOK VALUE CATHOLIC MANAGED LONG TERM CARE INC L 4012571 BOOK VALUE DOMINICAN SISTERS FAMILY HEALTH SERVICES INC A 49715 BOOK VALUE DOMINICAN SISTERS FAMILY HEALTH SERVICES INC L 3099431 BOOK VALUE EGER HEALTH CARE AND REHABILITATION CENTER L 3877411 BOOK VALUE FAMILY HOME HEALTH CARE INC L 113506 BOOK VALUE FERNCLIFF NURSING HOME COMPANY INC L 3965297 BOOK VALUE MARY MANNING WALSH NURSING HOME COMPANY INC L 5223798 BOOK VALUE MARY MANNING WALSH NURSING HOME COMPANY INC R 68975 BOOK VALUE PROVIDENCE REST L 3013685 BOOK VALUE ST VINCENT DE PAUL RESIDENCE L 3036407 BOOK VALUE TERENCE CARDINAL COOKE HEALTH CARE CENTER L 8485634 BOOK VALUE