Brooklyn United Methodist Church Home

“The sole member of the organization is brooklyn united methodist health services, inc.”

“The sole member of the organization appoints the board members of the organization at the annual meeting.”

“Any vote to amend the rights or powers of the sole member is subject to the approval of the member.”

“Brooklyn united methodist church home, inc. 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 the cfo 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 summarized and provided to the outside accountants. Each issue is documented and addressed until the return is finalized and approved for filing.”

“Annually any director, principal officer, trustee, key employee, and member of a committee must review the conflict of interest policy and sign a statement agreeing to comply with the policy. Each director, principal officer, trustee, key employee, and member of a board committee with board of directors delegated powers must annually sign a statement with affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, d. Knows of no undisclosed conflicts, and e. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she must leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members must decide if a conflict of interest exists. If the board of directors or board committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it must inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigations warranted by the circumstances, the board of directors or board committee determines the member has failed to disclose an actual or possible conflict of interest it must take appropriate disciplinary and corrective action. The minutes of the board of directors and all board committees with board-delegated powers must contain: a. The names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interest was present, and the governing 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 discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transactions or arrangement, and a record of any votes taken in connection with the proceedings.”

“The ceo and cfo's salary is reviewed and discussed with the personnel committee and is approved by the board of directors. Compensation for key employees is based on experience, job responsibilities, past performance, and competitive market pressures. As part of the annual budget process, the human resources committee (hr) and personnel committees discuss and documents the compensation for the ceo and other officers and key employees of the organization. For reasonableness the committee looks at the form 990 of other facilities that are comparable with brooklyn united methodist church home and compare salaries. The recommendations of the hr and personnel committees are included in the annual budget that is submitted to the board of directors. The board of directors reviews, discusses and approves the annual budget.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is available on guidestar.org, charitiesnys.com and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation, form 990, and by-laws are also available upon written request or by calling the organization directly. The organization also files an annual cost report with the new york state department of health which contains financial statements and related note disclosures. This cost report is available to the public upon request.”

“Physician fees, rns, lpns: program service expenses 1,962,464. Management and general expenses 141,520. Fundraising expenses 0. Total expenses 2,103,984.”

“Pension liability adjustment 336,564. Interest rate swap adjustment -106,161.”

“The organization has a finance committee that assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process did not change from the prior year.”