Deborah Cardiovascular Group P C

“Deborah cardiovascular group, p.c. Is an affiliate of the deborah heart and lung center ("dhlc"); a tax-exempt integrated healthcare delivery system. This organization is a supporting organization of dhlc, an internal revenue code section 501(c)(3) tax-exempt hospital. Although this federal form 990 shows no independent board of directors under the internal revenue service definitions; this organization acts in a charitable tax-exempt manner for purposes of internal revenue code section 501(c)(3) and is controlled by dhlc; which is governed by a board whose majority is comprised of independent voting members.”

“Deborah heart and lung center ("dhlc") is the sole member of this organization which exists through a physician nominee agreement due to state of new jersey corporate practice of medicine prohibitions. Dhlc has the right to elect the members of this organization's board of trustees and has certain reserved power as defined in the organization's bylaws.”

“The organization's federal form 990 was provided to each voting member of its governing body (its board of trustees) prior to filing with the internal revenue service ("irs") and after presentation and review by the deborah heart and lung center's audit committee. As part of the organization's federal form 990 tax return preparation process, the organization 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 organization's finance personnel and internal working group of the organization 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 organization's finance personnel and internal working group for their review. The organization's finance personnel and 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 organization's finance personnel and internal working group for final review. Following this review, the final form 990 was presented to the members of the deborah heart and lung center audit committee for review and thereafter provided to each voting member of this organization's governing body prior to filing with the irs.”

“The organization regularly monitors and enforces compliance with its conflict of interest policy. Annually all members of the board of trustees and employed physicians are required to review the existing conflict of interest policy and complete a questionnaire. The completed questionnaires are returned to the organization's director of compliance for review. Thereafter, the director of compliance and general counsel review the questionnaires and maintain records of completed questionnaires.”

“The organization is an affiliate of the deborah heart and lung center. Certain officers and employees of deborah heart and lung center may be officers or directors of this organization. The deborah heart and lung center board of trustees has a human resources committee ("committee"). The committee reviews and follows internal revenue service guidelines for rebuttable presumption of reasonableness for purposes of irs code section 4958 in its evaluation and decision-making with respect to the compensation paid to the president & ceo. The committee is provided with the recommendations of the president & ceo with respect to senior leadership compensation and data to demonstrate that his recommendation is in line with irs guidelines. The committee's review is done on at least an annual basis and ensures that the "total compensation" of senior leadership of the organization is reasonable. The actions taken by the committee enable the center to receive the rebuttable presumption of reasonableness for purposes of irs code section 4958 with respect to the total compensation of certain members of the senior leadership team. Factors that support the center's standing with respect to its reasonableness include, but are not limited to: 1. The compensation and benefit arrangements are approved in advance by the committee, none of whom have a "conflict of interest" with respect to the compensation arrangement; 2. The committee relies upon appropriate comparable external and internal compensation data prior to making its determination. This data is updated each year by utilizing generally published surveys, data provided by healthcare associations, and information gleaned from newspaper articles and other sources and reflects comparable factors, including but not limited to geography, bed size, complexity, revenue, etc. 3. The committee documents the basis for its determinations in timely, formal meeting minutes. The compensation and benefits of the other individuals contained in this form 990, schedule j, are reviewed annually by the president & ceo with assistance from the organization's human resources department in conjunction with the individual's job performance during the year, and are based upon various objective and subjective performance factors designed to ensure that reasonable and fair market value compensation is paid by the organization. The center's financial status as well as its need to attract and retain competent leadership is also reviewed and considered in this process. Other objective factors include market survey data for comparable positions, individual goals and objectives, actual performance and other relevant performance feedback.”

“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.”

“Core form, part vii and schedule j reflect certain board members and officers receiving compensation and benefits from a related organization. Please note this remuneration was for services rendered as full-time employees of the related organization and not for services rendered as a voting member or officer of this organization's board of trustees.”

“This organization is part of deborah heart and lung center; a tax-exempt integrated healthcare delivery system ("system"). The system includes both for-profit and not for-profit organizations. Certain board of trustee members, officers and/or directors listed 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 reflected on core form, part vii of this form 990, for board members who receive compensation for services rendered in a non-board capacity and paid officers, reflect total hours worked per week on behalf of the system; not solely this organization.”

“Deborah cardiovascular group, p.c., a new jersey professional corporation ("dcg"), operates specialty care medical practices, as more fully described herein, in support of deborah heart and lung center ("dhlc"), which is exempt from income taxation under 501(c)(3) of the internal revenue code of 1986, as amended (the "code"). Dcg's principal business office is located at 200 trenton road, browns mills, new jersey 08015. Dcg operates clinical practices in brown mills, burlington township and mt. Laurel (burlington county) toms river, manahawkin, and whiting (ocean county); and galloway (atlantic county), providing endocrinology; clinical and interventional cardiology, electrophysiology, pulmonary medicine and vascular services at these locations. Dcg's current complement of physicians includes employed physicians and other specialists under lease from dhlc. Dcg's goal is to provide high quality medical care to patients in the deborah heart and lung center service area, allowing patients improved access, continuity of care and, consequently, better outcomes at lower cost. In addition, dcg seeks to promote, support, and further the charitable purposes and interests of dhlc by offering screening services, health education and a compassionate application of billing and collection processes for those in financial need.”

“Joseph chirichella is listed as a trustee on this form 990. Joseph chirichella is not involved with this organization in any other capacity; he provides no services to or for this organization and is not involved in the management of this organization. He is employed by a related organization and works full time as the president/chief executive officer of deborah heart and lung center. Accordingly, his common law employer/employee relationship is with deborah heart and lung center (ein: 23-1550955). Deborah heart and lung center was not required to file a form 4720 for any remittance of excise tax related to this individual because his remuneration under internal revenue code section 4960 did not exceed $1,000,000 and thus not subject to excise taxes as provided for under internal revenue code section 4960.”

“This organization is part of deborah heart and lung center; a tax-exempt integrated healthcare delivery system. An independent cpa firm audited the consolidated financial statements of deborah heart and lung center and its subsidiaries for the years ended december 31, 2022 and december 31, 2021; respectively, and issued a certified audited consolidated financial statement. The audited consolidated financial statements contain consolidating schedules on an entity by entity basis. An unmodified opinion was issued by the independent cpa firm. Deborah heart and lung center's audit committee assumes responsibility for oversight of the audit of its consolidated financial statements and the selection of an independent auditor.”

“The organization engaged an independent accounting firm to prepare and issue an audit under the single audit act and omb circular a-133 audit.”