Gun Hill Mri PC

“The Board of Trustees of Montefiore Medical Center, the parent company, has the authority to appoint the shareholder(s) of Gun Hill MRI, P.C.”

“The Board of Trustees of Montefiore Medical Center, the parent company, has the authority to approve the operating and capital budgets of Gun Hill MRI, P.C.”

“THE FORM 990 WAS PREPARED BY MONTEFIORE MEDICAL CENTER'S FINANCE department. THE FORM 990 WAS REVIEWED AND APPROVED BY MONTEFIORE MEDICAL CENTER'S VICE PRESIDENT - Finance. AN INDEPENDENT PUBLIC ACCOUNTING FIRM WAS ENGAGED TO REVIEW THE FORM 990. UPON COMPLETION OF THE VARIOUS REVIEWS, THE FINAL FORM 990 WAS PRESENTED TO THE SOLE NOMINEE SHAREHOLDER FOR FINAL REVIEW AND APPROVAL PRIOR TO FILING.”

“THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES compliance WITH THE CONFLICT OF INTEREST POLICY BY MEANS OF A SURVEY THAT WAS DEVELOPED BY MONTEFIORE'S COUNSEL. GUN HILL MRI, P.C.'S PRESIDENT AND SOLE SHAREHOLDER ADOPTED THE POLICY OF MONTEFIORE MEDICAL CENTER. THE POLICY COMPORTS TO FEDERAL AND STATE CONFLICT OF INTEREST REQUIREMENTS. THE GENERAL APPROACH WHEN A POTENTIAL CONFLICT OF INTEREST ARISES IS TO DISCLOSE THE POSSIBLE CONFLICT TO THE COMPLIANCE OFFICER. THE COMPLIANCE OFFICER WILL MAKE EVERY EFFORT TO PROVIDE GUIDANCE TO PERMIT RESOLUTION OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. THE COMPLIANCE OFFICER WILL TAKE APPROPRIATE ACTIONS, INCLUDING ADVISING GUN HILL MRI, P.C.'S SOLE SHAREHOLDER REGARDING PARTICULAR CONFLICT OF INTEREST.”

“THE CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS, AND MONTEFIORE Medical CENTER'S AUDITED CONSOLIDATED FINANCIAL STATEMENTS, INCLUSIVE OF GUN HILL MRI, P.C., ARE AVAILABLE ON REQUEST.”

“As of 3-1-2020, the organization became a division of Montefiore Medical Center, the parent organization of Gun Hill MRI, PC. The net assets consisting mainly of debt was transferred to the Medical Center at book value and was either assumed or forgiven by the Medical Center. Form 990, Part v, Line 2A All employees are paid by Montefiore Medical Center, EIN 13-1740114, the Common Paymaster. Montefiore Medical Center issues all Forms W-2 and files all federal employment tax returns relating to these individuals. Salaries are allocated to Gun Hill MRI, P.C. based on the individuals employed at this organization. Form 990, Part VI, Section A, Line 6 Judy Yee, M.D. is the sole Nominee Shareholder of Gun Hill MRI, P.C. and also serves as the Chairman of the Radiology Department of Montefiore Medical Center, a 501(c)(3)Corporation. Medical Center, a 501(c)(3)Corporation.”

“Concerning Employee Benefits Allocation: Montefiore Medical Center is the Common Paymaster for Gun Hill MRI, PC. All payroll taxes and employee benefits are paid by Montefiore Medical Center and allocated back to the organization based on a composite rate of salaries for all benefit costs. The organization's assessment for employee benefits is reflected on line 9, Other Employees Benefits, of Part IX that includes cost for both pension and payroll taxes.”

“The other increase in net assets of $6,657,140 was due to a $6,644,877 forgiveness of debt and a $12,263 assumption of debt by Montefiore Medical Center when the organization became a division of the Medical Center on 3/1/2020.”

“Description:purchased physician services total fees:947406”