Mount Sinai Ambulatory Ventures Inc

“The organization has a single corporate member, mount sinai health system, inc., which is a not-for-profit corporation.”

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

“The Member shall have the following reserved powers: The power to elect and to remove the Trustees of the Corporation and the power to authorize: (i) the amendment and restatement of the Certificate of Incorporation of the Corporation; (ii) the merger or consolidation of the Corporation with any other entity; (iii) the sale, lease, exchange, mortgage, pledge or other disposition of all or substantially all the property and assets of the Corporation; and (iv) the voluntary dissolution of the Corporation, and the plan of distribution of assets upon dissolution and the revocation of voluntary dissolution proceedings.”

“The finance department of beth israel medical center gathered the relevant information and prepared the tax returns. The tax department of our outside auditors, ernst & young (ey), participated in the preparation of, and reviewed, all tax returns. A questionnaire was circulated to all trustees, directors, officers and key employees in order to elicit the information required to be reported on the tax returns. The trustee conflicts of interest review committee reviewed the responses provided by trustees and certain officers in the questionnaires and assessed additional pertinent facts gathered by the institution in order to evaluate the applicability of irs reporting requirements. The review committee then determined the appropriate trustee (and certain officer disclosures that should be made on form 990 based on the recommendations of the finance department, the general counsel's office and the audit and compliance department. The same process as conducted by the finance department, the general counsel's office, and the audit and compliance department with respect to the questionnaires submitted by other officers and key employees. The audit and compliance committee of the board of trustees conducted a review of the tax return, the finance department, the general counsel's office, and the audit and compliance department. The audit committee approved the tax returns as presented. The audit committee's report of its review of the tax returns and its recommendation to file the returns were presented to, and accepted by, the executive committee of the board of trustees (the "executive committee"). In addition to authorizing the filing of the tax returns, the executive committee directed that the returns, which will be filed on or before november 17, 2025, be provided to all trustees via the trustees' confidential website, and those returns were so provided before being filed.”

“Monitoring & enforcing compliance with the policy compliance with the organization's business conflicts of interest policy (the policy) is required of trustees, employees, medical staff and non-employee members of institutional committees and includes an ongoing duty to disclose potential conflicts. Compliance with the policy is monitored and enforced regularly and consistently. All disclosures with the potential for conflict are reviewed by an appropriate committee where they are carefully evaluated. When appropriate, a plan, which may involve measures including, but not limited to, recusal from participating in affected transactions, is developed to manage the potential conflict”

“Governing docs and conflict of interest policy available to the public. The organization makes its business conflicts of interest policy available on its website (www.mountsinai.org) and makes its governing documents and financial statements available upon request.”