Bronxcare Health System

“The irs form 990 is reviewed by management and then is distributed to members of the hospital's finance, audit and investment committee (faic) which is a standing committee of the hospital's board of directors. At a meeting of faic the entire irs form 990 is presented and reviewed in detail prior to the submission to the irs. Subsequent to the faic meeting and before the irs form 990 is finalized, a complete copy of this form 990 was provided to all members of the governing board.”

“All persons are covered under the policy. The internal auditor reviews conflict of interest statements and investigates potential conflicts. Legal opinions are sought when necessary. Persons with a conflict are prohibited from participating in deliberations and decisions in related transactions.”

“BRONXCARE HAS A PROCESS FOR DETERMINING COMPENSATION OF OFFICERS. ALL ELEMENTS OF COMPENSATION AND BENEFITS PROVIDED TO EACH OFFICER ARE REVIEWED AND APPROVED IN ADVANCE BY THE COMPENSATION COMMITTEE (COMMITTEE) OF THE BOARD OF TRUSTEES, AND THIS REVIEW AND APPROVAL PROCESS IS CONDUCTED IN A MANNER THAT QUALIFIES FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE INTERMEDIATE SANCTIONS RULES OF FEDERAL INCOME TAX LAW. THE COMMITTEE CONSISTS OF THREE INDEPENDENT MEMBERS OF THE BOARD. THEY RECEIVE AND RELY ON APPROPRIATE COMPARABILITY DATA GATHERED BY AN INDEPENDENT COMPENSATION CONSULTANT FOR FUNCTIONALLY SIMILAR POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, AND THEY PREPARE A CONTEMPORANEOUS AND THOROUGH WRITTEN RECORD OF THEIR DELIBERATIONS AND DECISIONS. THIS REBUTTABLE PRESUMPTION PROCESS IS CONDUCTED ANNUALLY WITH RESPECT TO ALL ELEMENTS OF EACH OFFICER'S COMPENSATION AND BENEFITS. THE LAST TIME THIS WAS DONE WAS IN 2024. THE COMMITTEE REVIEWS AND APPROVES IN ADVANCE THE INCENTIVE COMPENSATION GOALS FOR THE PRESIDENT AND CEO AND ANY OTHER OFFICER, AND ASSURES THAT TOTAL CASH COMPENSATION, INCLUDING THE INCENTIVE COMPENSATION, IS REASONABLE. THE COMMITTEE HAS EXPRESSLY DETERMINED THAT THE TOTAL COMPENSATION AND BENEFITS PROVIDED TO EACH OFFICER ARE REASONABLE, BASED ON THE REVIEW OF THE MARKET DATA PRESENTED BY THE INDEPENDENT COMPENSATION CONSULTANT AND ON THE REVIEW OF ALL OTHER RELEVANT FACTS AND CIRCUMSTANCES. All were reviewed in 2024.”

“See 15a Narrative”

“Only financial statements are made available upon request.”

“Bronxcare health system's mission is to deliver the highest quality accessible care in responding to the needs of the community, while assuring an environment where patient safety and satisfaction are a priority. This mission embraces a safety culture that is reporting, learning, fair and just, as well as building a health care network that is continuously striving for health equity and excellence in care. At bronxcare, we anticipate and respond to changes in order to reinforce our essential leadership role in the provision of quality, comprehensive and equitable care.”

“OUTSIDE SERVICES - Total Expense: 21974635, Program Service Expense: 14063766, Management and General Expenses: 7910869, Fundraising Expenses: ; Medical Services - Total Expense: 9453119, Program Service Expense: 6049996, Management and General Expenses: 3403123, Fundraising Expenses: ; BILLING EXPENSES - Total Expense: 6992400, Program Service Expense: 4475136, Management and General Expenses: 2517264, Fundraising Expenses: ; Dietary - Total Expense: 9435271, Program Service Expense: 6038573, Management and General Expenses: 3396698, Fundraising Expenses: ; AMBULANCE SERVICES - Total Expense: 6535656, Program Service Expense: 4182820, Management and General Expenses: 2352836, Fundraising Expenses: ; CODING - Total Expense: 1859252, Program Service Expense: 1189921, Management and General Expenses: 669331, Fundraising Expenses: ; EMPLOYEE TRAINING/RECRUITMENT - Total Expense: 164478, Program Service Expense: 105266, Management and General Expenses: 59212, Fundraising Expenses: ; TUITION REIMBURSEMENT - Total Expense: 1684989, Program Service Expense: 1078393, Management and General Expenses: 606596, Fundraising Expenses: ; OTHER PROFESSIONAL FEES - Total Expense: XXX-XX-XXXX, Program Service Expense: 67650452, Management and General Expenses: 34663887, Fundraising Expenses: ;”

“Pension Adjustment - 47650054; Other components of net periodic pension and benefit costs - -9635822; Total - 38014232;”