Centrastate Medical Center Inc

“Centrastate healthcare system, inc. ("cshs") is the sole member of this organization. Cshs has the right to elect the members of this organization's board of trustees and has certain reserved powers as defined in this organization's bylaws. Atlantic health system, inc. And centrastate holding company, inc. Hold membership interests in cshs of 51% and 49%, respectively.”

“The organization is an affiliate within centrastate healthcare system, inc. ("system"); a tax-exempt integrated healthcare delivery system. Centrastate healthcare system, inc. Is the tax-exempt parent entity of the system. The organization's federal form 990 was provided to each voting member of the organization's governing body (its board of trustees) prior to the filing of the federal form 990 with the internal revenue service ("irs") and after presentation and review by centrastate healthcare system, inc.'s audit committee. As part of the tax return preparation process the organization hired a professional certified public accounting ("cpa") firm with experience and expertise in both healthcare and not-for-profit tax return preparation to prepare the federal form 990. The cpa firm's tax professionals worked closely with the organization's finance personnel and internal working group of the organization to obtain the information needed in order to prepare a complete and accurate tax return. The cpa firm prepared a draft federal form 990 and furnished it to the organization's finance personnel and internal working group for their review. The organization's finance personnel and internal working group reviewed the draft federal form 990 and discussed questions and comments with the cpa firm. Revisions were made to the draft federal form 990 where necessary and a final draft was furnished by the cpa firm to the organization's finance personnel and internal working group for final review and approval. Following this review, the final form 990 was presented to the members of centrastate healthcare system's audit committee for review and thereafter provided to each voting member of this organization's governing body prior to filing with the irs.”

“All officers, trustees and key employees are required annually, to review the organization's conflict of interest policy and complete a conflict of interest questionnaire, which is submitted to corporate counsel. Corporate counsel reviews each completed questionnaire and prepares a report, which is shared with the board of trustees governance committee and, ultimately, the board of trustees. The policy is enforced, as needed, depending on the circumstances - for example, through recusal from voting, divestiture of conflicting property interests or, in certain past cases, resignation from the board of trustees.”

“The organization's board of trustees has an executive compensation sub-committee ("committee"). The committee has adopted a written executive compensation philosophy which it follows when it reviews the compensation and benefits of the organization's senior management, including the president/chief executive officer. The committee reviews the "total compensation" of the individuals which is intended to include both current and deferred compensation and all employee benefits, both qualified and non-qualified. The committee's review is done on at least an annual basis and ensures that the "total compensation" of senior management of the organization is reasonable. In 2024, the executive compensation sub-committee reported to the full board for ratification. The actions taken by the committee enable the organization to receive the rebuttable presumption of reasonableness for purposes of internal revenue code section 4958 with respect to the total compensation of certain members of the senior management team, including the president/chief executive officer. The three factors which must be satisfied in order to receive the rebuttable presumption of reasonableness are the following: 1. The compensation arrangement is approved in advance by an "authorized body" of the applicable tax-exempt organization which is composed entirely of individuals who do not have a "conflict of interest" with respect to the compensation arrangement; 2. The authorized body obtained and relied upon "appropriate data as to comparability" prior to making its determination; and 3. The authorized body "adequately documented the basis for its determination" concurrently with making that determination. The committee is comprised of members of the board of trustees each of who are independent and are free from any conflicts of interest. The committee relied upon appropriate comparable data; specifically, the committee obtained a written compensation study from an independent firm which specializes in the reviewing of hospital and healthcare system executive compensation and benefits throughout the united states. This study used comparable geographic and demographic market data including but not limited to similarly sized healthcare systems and hospitals, # of licensed beds and net patient service revenue. In addition, the committee reviews and approves executive compensation adjustments based on market surveys developed by independent consultants, industry average comparison, years of service and other exempt organizations in the geographic area. After a review of the individual's performance for the year and relying on comparable information and other objective data, the executive committee will recommend an adjustment to the individual's compensation. Any determinations are documented contemporaneously in the executive committee minutes. The committee adequately documented its basis for its determination through the timely preparation of written minutes of the compensation committee meetings during which the executive compensation and benefits was reviewed and subsequently approved. The actions outlined above with respect to the committee and the establishment of the rebuttable presumption of reasonableness applies to certain senior management personnel, including, but not limited to, the president/chief executive officer. The compensation and benefits of certain other individuals contained in this form 990 are reviewed annually by the centrastate healthcare system, inc.'s president/chief executive officer with assistance from the organization's human resources department in conjunction with the individual's job performance during the year and is based upon other objective factors designed to ensure that reasonable and fair market value compensation is paid by the organization. Other objective factors include market survey data for comparable positions, individual goals and objectives, personnel reviews, evaluations, self-evaluations and performance feedback me”

“Pursuant to state of new jersey p.l. 2019, chapter 513, (which was effective on july 21, 2020), and amended p.l. 2008, chapter 58 (c.26: 2h-5.1b), this organization has posted on its internet website a copy of this internal revenue service (irs) form 990 and all schedules and supporting documentation required to be submitted to the irs in conjunction with the form 990 with the exception of those schedules not open for public inspection. Said form 990 was posted by the organization after filing its form 990 with the irs.”

“The organization's filed certificate of incorporation and any amendments can be obtained and reviewed through the state of new jersey department of the treasury.”

“Core form, part vii and schedule j reflect certain board members and officers receiving compensation and benefits from this organization. Please note this remuneration was for services rendered as full-time employees of this organization and not for services rendered as a voting member or officer of this organization's board of trustees.”

“Brian gragnolati, steven sheris, m.d., facc, facp and maureen a. Schneider, ph.d., mba, rn are trustees of this organization's governing body; an uncompensated position. These individuals receive a federal form w-2 from a related organization within atlantic health system. Accordingly, their respective reportable compensation, retirement/other deferred compensation and non-taxable benefits are reported within core form, part vii and schedule j of the atlantic health system, inc. Group return (ein: 65-1301877) federal form 990. Please refer to the atlantic health system, inc. Group return federal form 990 for this information.”

“This organization is an affiliate within the centrastate healthcare system, inc. ("system"); a tax-exempt integrated healthcare delivery system. The system includes both for-profit and not for-profit organizations. Certain board of trustee members, officers and/or directors listed on core form, part vii and schedule j of this form 990 may hold similar positions with both this organization and other affiliates within the system. The hours shown on this form 990, for board members who receive no compensation for services rendered in a non-board capacity, represent the estimated hours devoted per week for this organization. To the extent these individuals serve as a member of the board of trustees of other related organizations in the system, their respective hours per week per organization are approximately the same as reflected in core form, part vii of this form 990. The hours reflected on part vii of this form 990, for board members who receive compensation for services rendered in a non-board capacity, paid officers and key employees, reflect total hours worked per week on behalf of centrastate healthcare system, inc.; not solely this organization.”

“CentraState Medical Center ("CSMC") is a 284-bed general acute care hospital located in Freehold, Monmouth County, New Jersey. CSMC is recognized by the Internal Revenue Service ("IRS") as an Internal Revenue code section 501(c)(3) tax-exempt organization. Pursuant to its charitable purposes, CSMC provides medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin, or ability to pay. Moreover, CSMC operates consistently with the following criteria outlined in IRS revenue ruling 69-545: 1. CSMC provides medically necessary healthcare services to all individuals regardless of ability to pay, including charity care, self-pay, Medicare and Medicaid patients; 2. CSMC operates an active emergency room for all persons; which is open 24 hours a day, 7 days a week, 365 days per year; 3. CSMC maintains a closed medical staff, with privileges available based on community need; 4. Control of CSMC rests with its board of trustees and the board of trustees of CentraState Healthcare System, Inc. Both boards are comprised of independent civic leaders and other prominent members of the community; and 5. Surplus funds are used to improve the quality of patient care, expand and renovate facilities, and advanced medical care, programs and activities. The operations of CSMC, as shown through the factors outlined above and other information contained herein, clearly demonstrate the hospital provides substantial community benefit and that the use and control of CSMC is for the benefit of the public and that no part of the income or net earnings of the organization inures to the benefit of any private individual nor is any private interest being served other than incidentally. CSMC's sole corporate member is CentraState Healthcare System, Inc. ("CSHS"). CSHS is also the tax-exempt New Jersey non-profit parent corporation of CentraState healthcare system; an integrated healthcare delivery system ("system"). The sole member of each entity is either CSHS or another CentraState Healthcare System affiliate controlled or owned by CSHS. CentraState Healthcare System is a tax-exempt integrated healthcare delivery system consisting of a group of affiliate healthcare organizations. CentraState Healthcare System is a world-class patient-focused organization comprised of a renowned team of healthcare professionals working together to transform the lives of those in the community. Mission ======= To enhance the health and well-being of the communities through the compassionate delivery of quality healthcare. Vision ====== An organization of caring professionals trusted as the community's health care system of choice for clinical excellence. Recognition/Quality Awards ========================== Magnet Nursing Excellence CentraState is in an elite group of 1 percent of hospitals nationwide to earn Magnet recognition from the American Nurses Credentialing Center (ANCC) five times, attesting to its excellence in nursing care. Magnet-designated hospitals are regarded as the pinnacle of nursing practice, leadership and innovation. High-Quality Stroke Care CentraState received the American Heart Association's 2024 Get With The Guidelines - Stroke Gold Plus with Target: Stroke Honor Roll Elite and Target: Type 2 Diabetes Honor Roll, recognizing the commitment to ensuring stroke patients receive the most appropriate treatment according to nationally recognized, research-based guidelines. The Target: Stroke Honor Roll Elite level highlights efforts to expedite the time between a patient's arrival at the hospital and treatment with clot-busting medication. Target: Type 2 Diabetes Honor RollT: highlights efforts to ensure patients with Type 2 diabetes, who might be at higher risk for complications, receive the most up-to-date, evidence-based care when hospitalized due to stroke. Heart Care Expertise CentraState was awarded Cardiac Cath Lab Accreditation with PCI by the American College of C”

“- American College of Radiology Radiation Oncology Accreditation Diagnostic Imaging Center of Excellence CT Accreditation Low-Dose CT Lung Cancer Screening Center of Excellence Lung Cancer Screening Center Designation Ultrasound Accreditation Nuclear Medicine Accreditation Comprehensive Breast Imaging Center Mammography Accreditation Stereotactic Breast Biopsy Accreditation - American College of Surgeons Commission on Cancer - National Accreditation, Oncology Service Line, CentraState Healthcare System National Accreditation Program for Breast Centers - The Star and Barry Tobias Women's Health Center - American Diabetes Association Certification for Meeting National Standards for Diabetes Self-Management Education American Heart Association Heart Failure Gold Plus Award with Target: Heart Failure Honor Roll and Target: Types 2 Diabetes Honor Roll Stroke Gold Plus with Target: Stroke Honor Roll Elite and Target: Type 2 Diabetes Honor Roll - American Nurses Credentialing Center Magnet Status (five-time designation) - Centers for Disease Control and Prevention Preliminary Recognition for Diabetes Prevention Program (online) - CEO Roundtable on Cancer CEO Cancer Gold Standard - Surgical Review Corporation Bariatric Center of Excellence - Commission on Collegiate Nursing Education Entry-to-Practice Nurse Residency Program Affiliations ------------ - American Physical Therapy Association Clinical Education Center - Andrews University - Brookdale Community College: Schools of Nursing and Allied Health, Medical Technology and Respiratory Therapy - Boston University - Burlington County College - The College of New Jersey - Jersey Shore Medical Center for Outreach Renal Dialysis Service - Kean University - Mercer County Community College - Middlesex County College - Monmouth County Vocational School - Monmouth-Ocean hospital shared service association - Monmouth University - National Network of Libraries of Medicine - Neumann College - Pennsylvania State University - Princeton Theological Seminary - Quinnipiac College - Rowan College at Burlington County - Rutgers University - Saint Elizabeth College School of Nutrition and Home Economics - Saint Francis Medical Center School of Nursing - Pennsylvania State University - Stockton University - Temple University - Thomas Edison State College: School of Nursing - Ultrasound Diagnostic School of Newark - University of Medicine and Dentistry of New Jersey - Newark - University of Medicine and Dentistry of New Jersey - School of Health-Related Professionals in Camden and Lean - Union County College - University of Connecticut - University of Delaware - University of Scranton Member of --------- - American Association of Homes and Services for the Aging - American Hospital Association - American Society of Clinical Pathology - National Disaster Medical System - National Lymphedema Network - New Jersey Association of Mental Health Agencies - New Jersey Association of Nonprofit Homes for the Aging - New Jersey Hospital Association - New Jersey Society of Health System Pharmacists - Schizophrenia Foundation of New Jersey - Undersea & Hyperbaric Medical Society Laboratory Certified By ----------------------- - American College of Clinical Pathologists Nursing ------- - CentraState Medical Center was awarded Magnet status in 2005 & re-designated in 2020 by the American Nurses - Credentialing Center (ANCC) of the American Nurses Association. - CSMC is an approved provider of continuing education by the New Jersey State Nurses Association, provider number: p102-9/2001-2003. NJNSA is accredited by the ANCC Commission on Accreditation of the American Nurses' Association. Licensed By ----------- - New Jersey Department of Health and Senior Services Approved By ----------- - American Dental Association for Continuing Medical Education - American Medical Association for continuing Medical Education Specialized Services ==================== CSMC offers a full range of clinical and diagnostic services to mee”

“Outpatient Nutrition Center --------------------------- Offers individual nutrition counseling with a registered dietitian for children and adults. Includes counseling sessions for weight management, cardiac, renal, hepatic, gastrointestinal problems, and others. Radiology --------- Capabilities include x-ray, ultrasound, computed tomography (CT) scan and nuclear medicine. Princeton radiology associates also houses a positron emission tomography (pet)/CT scanner for diagnosing cancer and other diseases or conditions, and an open bore MRI. OceanFirst Rehabilitation Center -------------------------------- Our fully equipped center offers physical, occupational and speech therapy. Inpatient and outpatient services are offered daily. Specialized services include: Linda E. Cardinale MS Center, Central Jersey Wound Treatment Center with lymphedema program, continence program, swallowing disorder therapy, sports medicine and aquatic therapy, including a hydroworx pool. Progressive Care Unit --------------------- This unit treats heart failure patients, as well as transitions patients from the critical care unit. Following a hospital discharge, a registered nurse health coach is available to work with patients to help them become more knowledgeable and independent in managing diet, medications and lifestyle changes. Patients also learn how to most effectively work with their primary care provider for continued support. Additional support includes a free nurse advice. Patients can call the nurse advice line and speak to our cardiac coordinator for answers and help with any needs the heart failure patient may have. Short stay unit --------------- A short stay unit is available for patients who do not require an overnight stay. Our same day surgery center performs a variety of surgical and endoscopy procedures on a medical outpatient basis. Surgical Services ----------------- CSMC's surgical services are delivered in state-of-the-art facilities by highly trained physicians and nurses. Patients receive comprehensive surgical support for diagnostic, therapeutic and palliative intervention in the following areas: general surgery, bariatric surgery, breast, colorectal, endovascular surgery, gastrointestinal surgery, neurosurgery, obstetrics/gynecology, ophthalmology, ear, nose and throat, orthopedics (including knee and hip replacements at the Total Joint Center of New Jersey at CSMC), plastic, podiatric, and thoracic surgery. The Star and Barry Tobias Women's Health Center ----------------------------------------------- Offers screenings, digital mammograms, computer-aided detection (cad), ultrasound mammotone biopsy, stereotactic needle biopsy, health education, bone densitometry, and individualized health counseling on a number of topics for women. The center is certified by the American college of radiology; has been named a breast imaging center of excellence for providing high-quality mammograms and other services; and has been named a pink ribbon facility by Hologic for providing excellence in breast health. Specialized Centers and Other Services -------------------------------------- CSMC offers specialized diagnostic and treatment services at its center for sleep disorders and comprehensive lung program. Other specialty services include respiratory therapy for pulmonary diagnostic procedures and rehabilitation, and oncology services, including chemotherapy, support groups and hemodialysis, podiatric services, pain management, and palliative care. Freehold Family Health Center ----------------------------- The Freehold Family Health Center is a unique collaborative initiative with the Visiting Nurse Association (VNA) Health Group, VNACJ Community Health Center, inc. (CHS and Rutgers Robert Wood Johnson Medical School through the Family Medicine Residency Program at CSMC. The facility is accessible to all members of the community, including underserved populations. Bilingual staff are available to assist with all services. Services in”

“THOMAS W. SCOTT, FACHE, FABC IS involved in the leadership and management of this organization on a full-time basis. MR. SCOTT IS EMPLOYED BY AND RECEIVES A FEDRAL FORM W-2 FROM THIS ORGANIZATION. ACCORDINGLY, HIS COMMON LAW EMPLOYER/EMPLOYEE RELATIONSHIP IS WITH CENTRASTATE MEDICAL CENTER, inc. (EIN: 22-1750190). Centrastate medical center, inc. FILED A 2024 FORM 4720 WHICH INCLUDED A REMITTANCE OF EXCISE TAX RELATED TO MR. SCOTT'S COMPENSATION IN EXCESS OF $1M.”

“Other changes in net assets or fund balance include - net asset transfer from atlantic health system, inc.; a related internal revenue code section 501(c)(3) tax-exempt organization - $9,376,685; - change in beneficial interest in centrastate healthcare foundation, inc.; a related internal revenue code section 501(c)(3) tax-exempt organization - ($769,812); - net asset transfer from center for aging, inc.; a related internal revenue code section 501(c)(3) tax-exempt organization - $23,479,821; and - net asset transfer to a related organization - ($4,455,000).”

“The organization is an affiliate within centrastate healthcare system, inc. ("system"); a tax-exempt integrated healthcare delivery system. Centrastate healthcare system, inc. Is the tax-exempt parent entity of the system. An independent cpa firm audited the consolidated financial statements of centrastate healthcare system, inc. And all entities within the system for the years ended december 31, 2024 and december 31, 2023; respectively. The audited consolidated financial statements contain consolidating schedules on an entity by entity basis. The independent cpa firm issued an unmodified opinion with respect to the audited consolidated financial statements.”

“The organization is an affiliate within centrastate healthcare system, inc.("system"); a tax-exempt integrated healthcare delivery system. The system engaged an independent accounting firm to prepare and issue a system wide consolidated audit under the single audit act and omb circular a-133 audit. This organization was included in the system wide a-133 audit.”