The Winifred Masterson Burke

“Montefiore health system, inc. Is the sole member of the winifred masterson burke rehabilitation hospital.”

“The board of trustees of montefiore health system, inc., the sole member of the winifred masterson burke rehabilitation hospital, has the authority to appoint and remove members of the board of trustees of the corporation.”

“The board of trustees of montefiore health system, inc., the sole member of the winifred masterson burke rehabilitation hospital, has the authority to approve certain decisions of the winifred masterson burke rehabilitation hospital board of directors. Such decisions include amendments to the certificate of incorporation and bylaws, approval of the operating and capital budgets and any strategic plans of the corporation, managed care contracting, expansion/subtraction of the medical center's operations, and certain administrative procedures, among others.”

“The form 990 was prepared by the montefiore's tax department working closely with the burke's finance team and assisted by various departments throughout the health system. The form 990 was reviewed and approved by the vice president-finance and the burke's hospital senior leadership including the chief financial officer. In addition, an independent accounting firm was engaged to review the form 990. Upon completion of the various reviews, the form 990 was presented to the board of trustees for review and approval.”

“The organization regularly and consistently monitors and enforces compliance with the conflicts of interest policy by means of an annual questionnaire that all officers, trustees and key employees of the winifred masterson burke rehabilitation hospital are required to complete. Completed questionnaires are reviewed by the chairman of the executive committee and any concerns presented by the responses are disclosed to the full committee with the interested party recused from discussion of the matter.”

“990, part vi, section b, line 15a & 15b: the compensation of select senior management of the organization is determined by the compensation committee of the burke's board of trustees. The winifred masterson burke rehabilitation hospital is committed to ensuring that its executive compensation program adheres to the highest standards of regulatory compliance and best corporate governance. The board of trustees has charged the compensation committee of the board (which is comprised of independent board members with no conflicts of interest in regards to executive compensation) with reviewing and recommending for approval by the member, all decisions related to compensation for selected senior management of the corporation. All decisions made by the compensation committee are appropriately and timely documented in meeting minutes. The compensation committee's review process follows the intermediate sanctions guidelines for qualifying for the rebuttable presumption of reasonableness. Compensation levels are established considering data for comparable organizations, an assessment of management performance (including the services provided to the community), and other business judgement factors, consistent with burke's executive compensation philosophy. The committee's decisions are made in the best interest of burke, and are intended to ensure the recruitment and retention of key executive talent, consistent with the market practices of other not-for-profit healthcare organizations of comparable scope, mission and complexity.”

“990, part vi, section b, line 15a & 15b: the compensation of select senior management of the organization is determined by the compensation committee of the burke's board of trustees. The winifred masterson burke rehabilitation hospital is committed to ensuring that its executive compensation program adheres to the highest standards of regulatory compliance and best corporate governance. The board of trustees has charged the compensation committee of the board (which is comprised of independent board members with no conflicts of interest in regards to executive compensation) with reviewing and recommending for approval by the member, all decisions related to compensation for selected senior management of the corporation. All decisions made by the compensation committee are appropriately and timely documented in meetin minutes. The compensation committee's review process follows the intermediate sanctions guidelines for qualifying for the rebuttable presumption of reasonableness. Compensation levels are established considering data for comparable organizations, an assessment of management performance (including the services provided to the community), and other business judgement factors, consistent with burke's executive compensation philosophy. The committee's decisions are made in the best interest of burke, and are intended to ensure the recruitment and retention of key executive talent, consistent with the market practices of other not-for-profit healthcare organizations of comparable scope, mission and complexity.”

“The conflict of interest policy and governing documents are made available upon request.”

“ALL OTHER - Total Revenue: 5073539, Related or Exempt Function Revenue: 3074537, Unrelated Business Revenue: 1999002, Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“ALL OTHER - Total Revenue: 320634, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 320634;”

“THE OTHER INCREASE IN NET ASSET OF $2,456,759 WAS DUE TO A $4,075,216 INCREASE IN DEFINED PENSION AND OTHER POSTRETIREMENT PLAN LIABILITIES TO BE RECOGNIZED IN THE FUTURE PERIOD AND $1,618,457 TRANSFER TO AN AFFILIATE FOR BUSINESS TRANSFORMATION AND IT SYSTEM COST. - 2456759; Total - 2456759;”