Montefiore North Ambulatory Care Center Inc

“The sole member of montefiore north ambulatory care center, inc. Is montefiore health system, inc. Form 990, part vi, section a, line 7a: the board of trustees of montefiore health system, inc., the parent company, has the authority to appoint the board of trustees of montefiore north ambulatory care center, inc.”

“The board of trustees of montefiore health system, inc., the parent company, has the authority to approve the operating and capital budgets of montefiore north ambulatory care center, inc.”

“The form 990 was prepared by montefiore medical center's finance department with the assistance of various departments. The form 990 was reviewed and approved by the vice president-finance. In addition, an independent accounting firm was engaged to review the form 990. Upon completion of the various reviews, the form 990 was presentated to the board of trustees of montefiore north ambulatory care center, inc. For review and approval prior to filing.”

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by means of a survey that was developed by montefiore's counsel. The montefiore north ambulatory care center board of trustees adopted the policy of montefiore medical center. The policy stipulates that the general approach when a potential conflict of interest arises is to disclose the possible conflict to the compliance officer. The compliance officer will make every effort to provide guidance to permit resolution of any actual or potential conflicts of interest. The compliance officer will take appropriate actions, including advising montefiore north ambulatory care center's board of trustees regarding particular conflict of interest.”

“THE CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS and Montefiore Health System's audited consolidated financial statements, inclusive of Montefiore North Ambulatory Care Center, Inc., ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.”

“The organization ceased operations during 2017. All program services of the organization was assumed by montefiore medical center as a going concern.”

“As it relates to employee benefits allocation: Montefiore Medical Center is the Common Paymaster for Montefiore North Ambulatory Care Center. All payroll taxes and employee benefits are paid by Montefiore Medical Center and allocated back to the organization based on a composite rate of salaries for all benefit costs. The organization's assessment for employee benefits is reflected on line 9, Other Employees Benefits, of Part IX that includes cost for both pension and payroll taxes.”

“The Other changes in net assets increase of $1,340,406 is due to an affiliate equity transfer associated with the transfer of operations to an affiliate organization.”

“An ambulatory care center is not a hospital as defined by the state of new york, therefore schedule h is not applicable for montefiore north ambulatory care center, inc.”

“Montefiore North Ambulatory Care Center, Inc. website is http://www.montefiore.org/mmg-wakefield-ambulatory-care-center.”