Unknown Organization

“The organization has a single coprorate member, nrhmc, inc., which is a not-for-profit corporation. The organization's single corporate member, nrhmc, inc. Filed for chapter 11 bankruptcy protection in u.s. Bankruptcy court in the southern district of new york on may 29, 2013, and ceased operations as of november 5, 2013. The sound shore medical center of westchester foundation no longer provided any services after november 5, 2013.”

“The sole corporate member elects the governing body of the organization.”

“The sole corporate member has the authority to approve decisions of the governing body.”

“The sound shore medical center of westchester foundation has its form 990 prepared by an independent accountant, and has established the following review process to ensure that the information reported is complete. Form 990 is reviewed internally by the executive management and any comments or concerns are addressed prior to filing with the internal revenue service.”

“Established by its related organization sound shore medical center of westchester the policy applies to the governing board, corporate officers, employees and any others representating the organization. The governing board and its corporate officers must disclose all conflicts of interest promptly at the time they arise, and annually via a written disclosure process the governing board is charged with reviewing conflict of interest transactions and associated decision, and making a determination regarding any restrictions to be imposed on the transaction. Their determination and all material facts are recorded in the board minutes.”

“Form 990 is available for public inspection as required under section 6104 of the internal revenue code by posting it on guidestar. The financial statements, conflict of interest policy and other governing documents are available upon request.”

“Form 990, part xi, line 9, changes in net assets:closing entry to zero fund balance account 3,318,074total of form 990, part xi, line 9 3,318,074”

“Form 990, part iii, line 1:comprehensive fund raising program in support of sound shore medical center's long range and strategic objectives. The foundation focuses on the expansion of the annual fund raising drive through individual, corporate and foundation giving in conjunction with a major capital fund raising campaign. The results of successful fund raising will provide building expansion equipment acquisition and program development.form 990, part iv, line 12b:this return has been prepared on all available information at the time of filing. It is also based on unaudited financial statements. If any significant differences arise after this filing this return will be amended to properly reflect the additional information. Form 990, part vii:each of the board members spend on average 4 hours per month working on the boards of the related entities.change in the fair value of charitable gift annuity is: $4,309.00.”