Montefiore Medical Center

“All officers and key employees are employed and paid by either montefiore einstein, inc. Or montefiore health system, inc. The parent company of montefiore health system, inc. And montefiore medical center, respectively. Montefiore is committed to ensuring that its executive compensation program adheres to the highest standards of regulatory compliance and best corporate governance. The montefiore 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 making all decisions related to compensation for officers and certain key employees. 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. The committee retains an independent compensation consultant to assist it with this process. Compensation levels are established considering data for comparable organizations, an assessment of management performance (including the services provided to the community), and other business judgment factors, consistent with montefiore's executive compensation philosophy. The committee's decisions are made in the best interest of montefiore, 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. On an annual basis, the committee provides the full board of trustees with a description of the committee's review and approval process and its decisions.”

“Montefiore health system, inc. Is the sole member of montefiore medical center.”

“The board of trustees of montefiore health system, inc., the sole member of montefiore medical center, has the authority to appoint 49 percent of the board of trustees of montefiore medical center. The other 51 percent of the board is elected by the board of trustees of the medical center from a slate of candidates approved by the sole member.”

“The board of trustees of montefiore health system, inc., the sole member of montefiore medical center, has the authority to approve not only the appoint and remove the board of trustees, amendments to the certificate of incorporation, by-laws, any sale, lease, exchange or other disposition of all, or substantially all the assets, any merger, consolidation or non-judicial dissolution, operating and capital budgets of montefiore medical center.”

“The form 990 was prepared by the montefiore's finance department with the assistance of various departments throughout the medical center. The form 990 was reviewed and approved by the vice president-finance and the medical center's senior leadership team including the chief financial officer. In additon, an independent accounting firm was engaged to review the form 990. Upon completion of the various reviews, the form 990 was presented to the finance committee of the board of trustees for review and approval. Once approved by the finance committee of the board of trustees, the form 990 was provided to all members of montefiore medical center's governing body before filing.”

“The organization regularly and consistently monitors and enforces compliance with the disclosure policy by means of a survey developed by counsel and approved by the legal and compliance committees of the board of trustee. The survey is sent to all trustees, officers and key employees for completion. All survey responses are reviewed by the compliance officer. Any potential conflicts identified in the responses are discussed with senior management and/or the legal and compliance committees of the board of trustees. Potential actions to be taken in response to a conflict is one or more of the following: 1)disclosure of conflict; 2)individual recusal from decisions for transactions where that individual may have a conflict; 3)request the individual to alleviate the conflict; or 4)removal of the individual from the board of trustees.”

“The conflict of interest policy, governing documents and montefiore medical center's audited consolidated financial statements are made available upon request.”

“ALL OTHER PROGRAM SERVICE REVENUE - Total Revenue: XXX-XX-XXXX, Related or Exempt Function Revenue: XXX-XX-XXXX, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“ALL OTHER REVENUE - Total Revenue: 2351947, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 2351947;”

“SUBSIDIES TRANSFERS TO AN AFFILIATE - -XXX-XX-XXXX; CHANGE IN DEFINED PENSION AND OTHER POSTRETIREMENT PLAN LIABILITIES TO BE RECOGNIZED IN FUTURE PERIODS - -60859208; Total - -XXX-XX-XXXX;”