St Joseph'S Health Fund

“The trustees utilize the management of st. Joseph's medical center to administer the day-to-day operations of the organization so that additional administrative expenses are not incurred. The trustees also utilize the st. Joseph's medical center public relations department to conduct the annual fundraising events which is the main source of revenues for the organization.”

“The st. Joseph's health fund was organized and incorporated in the state of new york under section 402 of the not-for-profit corporation law as a membership organization. The organization has a single member, sjmc, inc., which is a tax-exempt organization.”

“The members of the board of trustees may nominate and elect additional members subject to the approval of the board. The sole single member, sjmc, inc., elects the governing body of the organization. All board members have equal voting rights.”

“Decisions of the governing body that require approval by the parent organization, sjmc, inc., include disposition of substantially all of the organization's assets, merger or consolidation with another entity or system, dissolution of the organization, and change in the character of the operation of the organization.”

“The board of trustees have not established committees.”

“A draft of form 990 is provided to the senior vice president of finance, cfo, for review by management. Upon determination that the draft is accurate and properly presents the status of the organization, a copy is provided to each member of the board of trustees of st. Joseph's health fund. Comments and changes are discussed by the board of trustees, and upon completion of the review,the treasurer is authorized to sign the form 990.”

“Officers, directors and key employees are required to complete a conflict of interest form annually. The vp of risk management organizes the completion of the conflict of interest statements. Any disclosure made by an officer or trustee shall be reviewed by st. Joseph's hospital, yonkers board of trustees. Potential conflicts must be resolved and any actions taken must be documented in the board minutes. Any disclosure made by an employee shall be reviewed by the corporate compliance committee. Potential conflicts must be resolved by the committee and reported to the board of trustees.”

“The amount of compensation paid to the hospital's ceo, officers or key employees is reviewed periodically by the governance committee which is comprised of members of the board of trustees. The amount of compensation is evaluated for comparability with other similar types of organizations using the guidestar compensation report. Findings of the compensation committee are reported to the board of trustees and documented in the minutes.”

“The organizations governing documents, conflict of interest policy and financial statements are available at its offices and are available upon request. In addition, the organization's financial statements are available from the new york state attorney general's bureau of charities registration upon request.”

“Bad debt expense: program service expenses 0. Management and general expenses 10,700. Fundraising expenses 0. Total expenses 10,700. Miscellaneous: program service expenses 0. Management and general expenses 275. Fundraising expenses 0. Total expenses 275. Facility costs: program service expenses 399,571. Management and general expenses 0. Fundraising expenses 0. Total expenses 399,571. Gifts and awards: program service expenses 42,731. Management and general expenses 0. Fundraising expenses 0. Total expenses 42,731. Supplies: program service expenses 33,546. Management and general expenses 0. Fundraising expenses 0. Total expenses 33,546. Printing and postage: program service expenses 32,186. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,186.”

“The board of trustees have not established an audit committee. The financial statements are reviewed by the board treasurer with other board members prior to the annual board meeting. A presentation of the financial statements is made to the board for open discussion prior to formal approval. This process has been consistently followed, has proven to be effective for the organization and is not expected to be changed.”