Interfaith Medical Center

“The corporation shall have one member, one brooklyn health system, inc.”

“One brooklyn health system, inc. Has the power to elect and remove, with or without cause, the members of the board of trustees, and board officers of the corporation.”

“Below governance decisions of the organization are reserved to one brooklyn health system, inc. Other than the governing body: - to approve changes to the certificate of incorporation and bylaws of the corporation; - to initiate, approve and coordinate submission of any certificate of need applications filed by or on behalf of the corporation; - to negotiate and approve all payor, managed care, vendor and equipment contracts on behalf of the corporation; - to approve and oversee the operating and capital budgets of the corporation; - to approve any expenditures which are not included in an approved capital or operating budget, and which exceed a threshold amount per annum set by the board of trustees of obhs from time to time; - to approve the sale of any assets outside the ordinary course of business or approved in an approved budget; - to approve the incurrence of any debt in excess of an amount established by the board of trustees of obhs; - to approve any change in accounting period or methods; - to approve any auditor and annual audited financial statements; - to approve any change in the philosophy, mission and values of the corporation; - to develop, approve and oversee the implementation of any strategic plan or initiative for the corporation; - to approve and initiate the addition, deletion or relocation of services at the corporation; - to approve the addition of any new regionalized health care services; - to approve overall marketing and advertising plans; - to approve and initiate the commencement and settlement of any litigation; - to credential all licensed health care professionals to be providing services at the facilities operated by the corporation; provided that obhs may delegate such credentialing to the corporation until such time as a centralized credentialing process has been established by obhs; - to supervise, oversee, monitor and participate in all credentialing, quality assurance, risk management and peer review activities and share in any and all credentialing, quality assurance, risk management and peer review decisions of the corporation; - to coordinate and approve physician recruitment activities consistent with the strategic plan developed by obhs; - to approve any new affiliation between the corporation and any health system, hospital, academic medical center or other institutional health care provider; - to approve any merger, consolidation, restructuring, change in governance, transfer of all or substantially all of the assets of the corporation whether pursuant to a plan of dissolution or otherwise, any combination of any other person or entity with the corporation or the dissolution or liquidation of the corporation; and - to approve the closure or establishment of the corporation or the addition of a major service to the corporation.”

“The interfaith medical center board is notified when the form 990 is available and they have the opportunity to review the form. The chief financial officer and deputy cfo review the form 990 before it is filed with the irs.”

“Annual questionnaire is sent to all executives, directors and management personnel. The questionnaires are reviewed by the chief of compliance officer and the compliance committee. Any discrepancies are sent to the board.”

“The board of directors is responsible for hiring and establishing the compensation (salary and benefits) of the chief executive officer ("ceo") by identifying compensation that is and not excessive," but that also is attractive enough to retain the best possible talent to lead the organization. The process is to conduct review of what similarly sized peer organizations in the same geographic location offer their senior leaders. Selected board members also take the task as members of the compensation committee to be responsible for the review and to conduct a "comparability review". Final documentation is presentted to the full board for review and approval. Once approved, a written contract is delivered to the ceo and board members for signature. Board decisions are contemporaneously documented by the board.”

“Upon request, the organization will make available only those documents required to be disclosed under the public inspection laws.”

“The board of directors is responsible for hiring and establishing the compensation (salary and benefits) of other officers and key employees of the organizatoin. When determining if compensation was fair value for the services, interfaith medical center, inc. Compared current compensation to compensation that had been paid previously to an employee for similar services. Board decisions are contemporaneously documented by the board.”

“Service contracts: program service expenses 4,806,327. Management and general expenses 3,917,111. Fundraising expenses 0. Total expenses 8,723,438. Purchased service: program service expenses 463,644. Management and general expenses 377,866. Fundraising expenses 0. Total expenses 841,510. Temporary help: program service expenses 5,517,564. Management and general expenses 4,496,762. Fundraising expenses 0. Total expenses 10,014,326. Physician fees: program service expenses 7,251,872. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,251,872. Consulting: program service expenses 1,590,472. Management and general expenses 1,266,517. Fundraising expenses 0. Total expenses 2,856,989. Lab services: program service expenses 1,235,274. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,235,274. Recruitment: program service expenses 412,637. Management and general expenses 336,295. Fundraising expenses 0. Total expenses 748,932. Garbage & waste: program service expenses 248,767. Management and general expenses 202,743. Fundraising expenses 0. Total expenses 451,510. Laundry services: program service expenses 181,257. Management and general expenses 147,723. Fundraising expenses 0. Total expenses 328,980.”

“Transfer of assets from affiliates 40,042,402.”

“The process has not changed from the prior year.”