Flushing Hospital Medical Center

“Medisys health network is the sole member of the organization.”

“Medisys health network, as sole member can appoint the board of directors.”

“The form 990 and appropriate schedules, as required (form 990), is prepared by outside accountant and reviewed internally by management, at which time it is considered the final draft. The final draft of the form 990 is presented to the trustees via email and or a board meeting. Once the review of the form 990 has been completed to the board's satisfaction, it is finalized and subsequently filed with the irs.”

“Disclosure in accordance with the conflict of interest policy by employees that satisfy the criteria to be considered an "interested person" is submitted upon hiring and annually thereafter. The compliance officers review the submissions for conflicts and reports them to the board.”

“Executive compensation policy - the board of medisys health network has created an independent compensation committee whose charge is to review and approve the compensation of all individuals who meet the requirements of a disqualified person for intermediate sanction. This committee is empowered to approve compensation for all entities within the medisys health network system. The committee has retained an independent compensation consultant to apply its standard methodology for determination of appropriate executive compensation and benefit levels for executives. It is policy to target the total compensation (base salary, incentive compensation and benefits) of executives at the median of the defined marketplace for similarly situated executives in consultation with an independent compensation consultant in a manner that complies with the intermediate sanction regulations and other federal and state laws and regulations. The committee shall approve base salaries for executives and any disqualified individuals based upon the amounts paid to similarly situated executives within the relevant marketplace, with possible adjustments made for special skill, experience, competence and performance, including contribution to the system as a whole. The ceo shall recommend to the compensation committee any adjustments to the base salaries of executives.”

“Governing documents - certificate of incorporation filed with the nys department of state; conflict of interest policy is not publicly available. Financial statements are available upon request.”

“For bruce flanz, president & ceo, mounir doss, executive vice president & cfo, the hours reported below reflect the total time worked as officers for all of the related organizations shown on schedule r. Total compensation is reported on each entity's form 990. Cost allocation among the entities is performed consistently with accounting rules and applicable cost allocation methodologies. Estimated number of hours worked per week for related organizations is as follows: medisys health network - 10 hours per week flushing hospital medical center - 15 hours per week jamaica hospital medical center - 30 hours per week other related entities listed on schedule r - 10 hours per week”

“Management has in the preparation of its form 990 reviewed personnel in the institution to see if anyone meets the criteria established to be considered a "key employee" for irs purposes of form 990. It is the contention of management that no employee fulfills any of the situations under the responsibility test in the form 990 instructions to be considered a "key employee". Therefore, part vii of form 990 does not report the compensation of any individuals who would be considered a "key employee".”