The Silvercrest Center for Nursing and Rehabilitation

“Silvercrest center for nursing and rehabilitation (silvercrest) is a membership corporation, whose members are selected by new york-presbyterian healthcare system, inc. (system inc.). System inc. Is a tax exempt organization whose members are appointed by new york-presbyterian foundation, inc., which is also a tax-exempt organization.”

“Silvercrest is a membership corporation, whose members are selected by new york-presbyterian health care system, inc., whose members are selected by new york-presbyterian foundation, inc. The members elect the organization's board of trustees.”

“(a) the members shall have the sole authority to establish from time to time the number of trustees to be elected at large, to elect trustees to be elected at large and to remove trustees, including trustees serving by reason of their office, with or without cause. (b) the approval of the members shall be required for (1) the election or the removal by the board of the chief financial officer, chief medical officer and chief information officer, if any, or any other corporate officer whose powers and duties include those which usually appertain to such offices, (2) the amendment of the certificate of incorporation or by-laws of the corporation (3) the disposition of all or substantially all of the assets of the corporation, (4) the merger or consolidation of the corporation with another entity or (5) the dissolution of the corporation. Except as may be limited by applicable law governing health care institutions, the members shall have such other powers and authority as are afforded to the members under the corporation's certificate of incorporation or generally to members of not-for-profit corporations under the laws of the state of new york.”

“Members of the newyork-presbyterian hospital (nyph) finance department (finance) coordinated and completed all of the information required for form 990, accessing various resources including, legal, human resources, corporate compliance, development, and other departments as needed. The following is the process for review: senior finance executives review the return in conjunction with ernst & young u.s. Llp, paid preparer, prior to submission to the chair of the audit and corporate compliance committee. The chairman of the audit committee conducts a detailed review and meets with finance to address any questions. A copy of the form 990 is made available to members of the governing body prior to its filing. The corporation files the 990 upon final review.”

“Each board member, and any officer or key person presenting a proposed transaction or other matter to a board, shall disclose promptly and in good faith to the board such individual's interest in a proposed transaction or other matter to be considered by the board. The individual may not participate in the deliberations of the board or use personal influence in its matters. Following any such disclosure, and after such due diligence and such development and consideration of other alternatives, if any, as the board shall deem appropriate, the board may, in its discretion, authorize or approve the proposed transaction or other matter as at least as fair and reasonable to silvercrest as would otherwise be obtainable by silvercrest. Such actions shall be by a vote sufficient for such purpose without counting the vote or votes of such interested person or persons and such person or persons may not participate in determining the presence of a quorum at the meeting. No employee, member of the medical staff or any other person receiving compensation directly or indirectly from a silvercrest organization shall serve as a member of a board committee responsible for audit and corporate compliance or executive compensation matters. Upon reasonable belief that a board member, officer or key person failed to comply with the policies and directives set forth in this policy statement, the board of silvercrest or audit and corporate compliance committee of silvercrest shall inform the individual of the basis of the belief and provide an opportunity to explain the noncompliance. If after hearing the response from the individual and making further appropriate investigations, the board or audit and corporate compliance committee determines that the individual has, in fact, failed to comply with such policies and directives, it shall take or recommend appropriate corrective action.”

“The compensation committee of the board of directors determines and reviews compensation packages for executive staff and key employees including fringe benefits upon hire and annually. The following positions are considered executive and key staff: ceo/president, cfo, medical director, avp rehabilitation, coo, vp nursing, avp controller, director of performance improvement. In september 2023, a new president was elected. The individuals identified herein as the new president and other officers of the corporation are employed and compensated by a related organization, the new york and presbyterian hospital (the "hospital"). These individuals perform services for the corporation, and in some cases other related organizations, by arrangement between the hospital and such organization(s). As set forth in schedule r, the corporation and the hospital are related organizations. The organization's officer's and key employees have no influence over compensation process performed by the related organization. The last review was conducted in 2023. A review of similar agencies in comparable geographic settings is used to establish salary ranges. This meeting of the compensation committee is documented in the board minutes.”

“See narrative above for part vi, line 15a.”

“The organization makes its form 990 and form 1023 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, articles of incorporation, form 990, form 1023, conflict of interest policy, and by-laws are also available upon written request or by calling the organization directly.”

“OTHER INC 20% H BENEFITS - Total Revenue: 17870, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 17870; OTHER INC MED RECORD - Total Revenue: 7041, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 7041; VENDING & MISC - Total Revenue: 1461, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 1461;”

“OTHER PROFESSIONAL FEES - Total Expense: 990716, Program Service Expense: 984383, Management and General Expenses: 6333, Fundraising Expenses: ; NURSE AGENCY FEES - Total Expense: 1197988, Program Service Expense: 1197988, Management and General Expenses: , Fundraising Expenses: ; BILLING/COLLECTION FEES - Total Expense: 360550, Program Service Expense: , Management and General Expenses: 360550, Fundraising Expenses: ; SERVICE CONTRACTS - Total Expense: 5680278, Program Service Expense: 5680278, Management and General Expenses: , Fundraising Expenses: ;”