Brookdale Residence Housing Development Fund Corporation

“Alex rovt, chairman and trustte, irina benfield, secretary, and stephen plotnick, trusttee, all have a business relationship with each other.”

“Brookdale health system, inc., a new york not-for-profit organization, is the sole member of the organization.”

“In march 2012, grant thornton was engaged by the organization to provide interim and crisis management services. Commencing april 26, 2012 grant thornton's management services included the chief executive and restructuring officer, chief operating officer and chief financial officer postions, as well as multiple other management postions in finance, operations, and it. During 2013, the service of chief financial officer was provided by james porter of grant thornton. Starting in december 2012, the hospital retained toneykorf partners, llc. For the services of chief executive officer and chief operating officer, provided by mark toney and steven korf, respectively. These positions are all indicated in part vii section a for officers, directors, trustees, key employees and highest compensated employees. Any amounts paid in connection with the above services are paid directly to grant thornton or toneykorf partners, llc respectively.”

“Brookdale health system, inc., as sole member of the organization, has the authority to appoint and remove the trustees of the organization, and other authorities as delineated in the bylaws of the organization.”

“The form 990 and appropriate schedules, as required, is prepared by outside accountants and reviewed internally by management and counsel, at which time it is considered the final draft. The final draft of the form 990 is then filed with the irs.”

“Disclosure in accordance with the conflict of interest policy by employees that satisify the criteria to be considered "interested persons" is submitted upon hiring and annually thereafter. The audit and compliance comittee reviews the submissions for conflicts and the department of internal audit manages compliance.”

“The hospital's bylaws prohibit trustees from receiving any compensation for services performed in their capacity as a trustee. Also pursuant to the hospital's bylaws a trustee serving in another capacity may receive reasonable compensation therefore as authorized by the board of trustees. It is the hospital's practice to target total executive compensation (base salary, incentive compensation and benefits) as the median of the relevant marketplace for similarly situated executives, with appropriate adjustments for special skill, experience, competence, and performance.”

“Miscellaneous renting expenses 34. 0. 34. 0. Telephone 1157. 0. 1157. 0. Bad debts 18614. 18614. 0. 0. Miscellaneous 3375. 3375. 0. 0. Professional and membership dues 381. 0. 381. 0. Permits fees licenses 151. 0. 151. 0. Equipment rental and repairs 9371. 9371. 0. 0. Training and seminars 150. 150. 0. 0. Postage and shipping 419. 419. 0. 0.”