Old Bridge Auxiliary Inc

“Raritan bay health services corporation ("rbhsc") is the sole member of this organization. Rbhsc 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.”

“The organization is an affiliate within raritan bay health services corporation and affiliates; a tax-exempt integrated healthcare delivery system ("system") which includes raritan bay medical center ("rbmc"). Raritan bay health services corporation is the tax-exempt parent entity of the system. This organization's federal form 990 was provided to each voting member of its governing body (its board of trustees) prior to the filing with the internal revenue service ("irs"). In addition, prior to providing it to each voting member of its governing body and filing with the irs, the form 990 was provided to the finance committe of rbmc at a regularly held meeting for review by its members. The rbmc finance committee has been delegated the responsibility to oversee, review and approve of the federal form 990. As part of the tax return preparation process the organization hired a professional 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 rbmc's finance personnel and various other individuals of the system 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, rbmc's finance personnel and other individuals for their review. Rbmc's finance personnel and other individuals 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 system's key finance personnel and senior management for final review and approval prior to review by rbmc's finance committee and providing it to each member of its governing body.”

“The organization is an affiliate within the raritan bay health services corporation and affiliates, a tax-exempt integrated healthcare delivery system ("system") which includes raritan bay medical center. The organization and the system regularly monitor and enforce compliance with its conflict of interest policy. Annually all members of the board of trustees, officers and senior management personnel are required to review the existing conflict of interest policy and complete a questionnaire. The completed questionnaires are returned to the organization and rbmc's senior vice president/general counsel for review. Thereafter rbmc's senior vice president/general counsel prepares a summary of the completed questionnaires which contains information disclosed on an individual by individual basis. Rbmc's senior vice president/general counsel then presents this summary to rbmc's governance committee for review and discussion.”

“The organization is an affiliate within the raritan bay health services corporation and affiliates; a tax-exempt integrated healthcare delivery system ("system") which includes raritan bay medical center ("rbmc"). Raritan bay health services corporation is the tax-exempt parent entity of the system. This filing organization itself has no paid senior management personnel receiving compensation directly from this organization. In the event the organization begins to compensate key personnel, the organization will follow rbmc's executive compensation review and approval process. Rbmc's board of trustees has an executive compensation committee ("committee"). The committee has adopted a written executive compensation philosophy which it follows when it reviews and approves of the compensation and benefits of the organization's senior management. 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 rbmc is reasonable. The actions taken by the committee enable rbmc 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. 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 similar sized hospitals, # of licensed beds and net patient service revenue. 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 organization's filed certificate of incorporation and any amendments can be obtained and reviewed through the state of new jersey department of the treasury.”

“The organization is an affiliate within raritan bay health services corporation and affiliates; a tax-exempt integrated healthcare delivery system ("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 one hour. 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 the system; not solely this organization.”