Greater New York Hospital Association

“The following individuals have a business relationship with each other insofar as the persons listed are officers and/or directors of the association and also of gnyha management corporation, an entity taxed as a corporation, which has a management agreement with the association: louis a shapiro; robert grossman; gary s horan; kenneth l davis; michael dowling; steven j corwin; laray brown; kenneth gibbs; mitchell katz; philip ozuah; jeffrey farber; david perlstein; patrick o'shaughnessy; richard davis; donald boyd; selwyn vickers; kenneth e raske; lee h. Perlman; david c rich; susan c waltman; elisabeth wynn; karen s heller; laura alfredo.”

“The tax-exempt organization has institutional members that include not-for-profit institutions and tax-supported institutions that are accredited by the joint commission or an equivalent organization. Institutional members are entitled to vote. There are also several non voting categories of members that generally consist of health care organizations with interests that are aligned with the mission of the organization's members.”

“As voting members of the organization, institutional members have the right to vote on the election of certain members of the board of directors.”

“The form 990 was prepared by the organization's finance department and an independent accounting firm. The organization's audit and compliance committee, which comprises four members of the board of governors, reviewed the information at a committee meeting. The form 990 was provided to all members of the governing body by electronic means prior to being filed with the internal revenue service.”

“The organization administers an annual conflict of interest disclosure statement to executive employees, officers and directors of the organization. The compliance officer is responsible for reviewing and monitoring any potential conflicts and reporting to the audit and compliance committee on conflicts of interest matters. The audit and compliance committee has oversight responsibility regarding conflicts of interest matters. It meets throughout the year to review ongoing administration and implementation of the conflict of interest policy. A member of the governing body who has a conflict is required to recuse himself or herself from any discussion relating to such conflict.”

“The organization's compensation committee, composed of independent persons, reviewed and approved the compensation of the organization's president as well as its evp, administration & cfo. With respect to 2023 compensation and certain bonus arrangements, to assist and support the review and decision-making process, the organization engaged an outside consultant to collect and analyze comparability data and other information and make recommendations to the compensation committee. The decisions as well as the decision-making process of the committee were documented contemporaneously with the deliberation and decisions. Individuals are directly employed by gnyha management corporation, a related entity of the organization, which is a for profit entity that provides staffing and other services to the organization. The organization reimburses gnyha management corporation for compensation related to services rendered to the organization.”

“The association's form 990 is publicly available on various websites, including guidestar, propublica and irs.gov; its governing documents, conflict of interest policy, and financial statements are available in the organization's main office and will be provided upon request in a timely manner.”

“Financial statements and reporting the organization's financial statements were audited as part of a consolidated audited financial statement. The organization has an audit and compliance committee that has responsibility for oversight of the audit, review and compilation of its financial statements and selection of an independent accountant.”