New Jersey Organ and Tissue Shrg Ntwk

“Sharing network management company, inc. Is the sole member of this organization. Sharing network management company, inc. Directly reserves the power to elect/appoint and remove, with or without cause, all of the officers and trustees of this organization and has certain reserved powers as defined in this organization's bylaws.”

“The organization is an affiliate in the sharing network management company, inc. And subsidiaries ("network"); a tax-exempt healthcare related network. Sharing network management company, inc. Is the parent entity of the network. The organization's federal form 990 was provided to the organization's governing body, its board of trustees, prior to filing of the federal form 990 with the irs. 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 the organization's finance personnel and various other individuals 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 other individuals for their review. The organization'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 organization's finance personnel and various other individuals for final review and approval prior to presentation of the federal form 990 to the organization's board of trustees prior to filing with the irs.”

“The organization is an affiliate in the sharing network management company, inc. And subsidiaries network ("network"). The organization and the network 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 the network's chief compliance officer for review. Thereafter, if applicable, the network's chief compliance officer prepares a summary of the completed questionnaires which contains information disclosed on an individual by individual basis. If applicable, the president/ceo and chief compliance officer present this summary to the organization's executive committee for their review and discussion.”

“The organization's board of trustees reviews and approves of the compensation and benefits of the organization's president/chief executive officer. The board of trustees reviews the "total compensation" of the president/chief executive officer. The review by the board of trustees is done on at least an annual basis and ensures that the "total compensation" is reasonable. The board of trustees relied upon appropriate comparable data; specifically the board of trustees obtained independent salary survey information and reviewed forms 990 of similar organizations throughout the united states. This included comparable geographic and demographic market data including but not limited to similarly sized organizations. The compensation and benefits of other individuals contained in this form 990 are reviewed annually by the president/chief executive officer with assistance from the organization's vice president of human resources in conjunction with each 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 meetings. The organization maintains a performance management system for annual reviews; the performance management system tracks job descriptions, levels and highest and lowest compensation information for various positions and levels. The performace management system was implemented with the assistance of a major consulting firm with expertise in this area.”

“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.”

“This organization is an affiliate in the sharing network management company, inc. And subsidiaries network ("network"); a tax-exempt healthcare related network. The network includes four 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 network. The hours shown on this form, 990 for board members who receive no compensation for services rendered in a non-board capacity, represents 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 network, 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 the network; not solely this organization.”

“Certain individuals were reported as key employees on the 2023 form 990, part vii. Upon a review of their respective duties, roles and responsibilities it was determined that these individuals do not satisfy the criteria to be a key employee under form 990 rules, regulations and instructions. However, it was determined that these individuals satisfy the criteria to be classified as a highest compensated employee for form 990 reporting purposes. Accordingly, these individuals have been included on this 2024 form 990 as a highest compensated employee. Please note that the organization did not amend its 2023 form 990 with respect to the reclassifications outlined above.”

“History and mission =================== New Jersey Organ and Tissue Sharing Network, Inc. ("NJ sharing network") is the federally designated, non-profit organ procurement organization (OPO) that serves most of the state of New Jersey. NJ Sharing Network is responsible for the recovery of organs and tissue for the nearly 5,000 New Jersey residents currently waiting for a transplant and is part of the national recovery system, which is in place for the close to 120,000 people on the national waiting list. The organization is an independent OPO and Tissue Typing Laboratory. Founded in 1987, through the consolidation of three hospital based OPOs, NJ Sharing Network serves approximately 6.2 million residents in northern and central New Jersey, including the city of Camden, NJ. NJ Sharing Network is recognized by the Internal Revenue Service as an Internal Revenue Code Section 501(c)(3) Nonprofit, Tax-exempt Organization. NJ Sharing Network is governed by a 12-person Governing Board of Trustees with members of non-transplant hospital and public backgrounds and a 20-person Advisory Board of Trustees. The Advisory Board is made up of a representative of each transplant hospital in NJ Sharing Network's donation service area (Cooperman Barnabas Medical Center, Newark Beth Israel Medical Center, University of Medicine and Dentistry of New Jersey-Newark (now University Hospital), Hackensack University Medical Center, Robert Wood Johnson University Hospital, and Our Lady of Lourdes Medical Center), a representative from a tissue bank, a voluntary health organization, a representative from an intensive care unit or emergency room, a member of the general public, a neurosurgeon, organ donor family member, a representative with knowledge and skills in the field of human histocompatibility, and a hospital administrator. NJ Sharing Network is certified by the Centers for Medicare and Medicaid Services (CMS) and holds a certificate of need issued by the New Jersey Department of Health for the recovery and allocation of human organs and tissues for transplantation. NJ Sharing Network is accredited by the Association of Organ Procurement Organizations (AOPO). The organization adheres to both FDA and CMS regulatory requirements. The organization operates a 24/7 clinical laboratory that provides HLA Tissue Typing. The laboratory is licensed by the New Jersey Department of Health and is ASHI and CLIA Accredited. Mission, vision, and values =========================== Through organ and tissue donation and transplantation, NJ Sharing Network saves lives, gives hope, and restores physical function. The organization is also dedicated to educating the public about the benefits of donation and transplantation and supports both donor families and recipients. NJ Sharing Network employees adhere to a value-based standard of conduct that appropriately reflects the trust, passion, and vision all employees must embody in order to serve donor families and those who wait for a lifesaving transplant. What we do ========== NJ Sharing Network serves as our state's federally designated, 501(c)3 Non-Profit Organ Procurement Organization. Established in 1987, NJ Sharing Network stewards the gift of life through the recovery and placement of donated organs and tissue for those in need of a life-saving transplant. NJ Sharing Network also provides a strong network of care and support for the courageous donor families who help save and enhance lives through the gift of donation. NJ Sharing Network's team works 24/7/365 and always embodies the organization's core values - Dedicated, Eager, Compassionate, Resourceful and Team-Focused. In collaboration with hundreds of its volunteers and partners, NJ Sharing Network serves diverse communities and provides hope for the nearly 4,000 New Jersey residents who are currently awaiting transplantation. NJ Sharing Network is also part of the national recovery system for the over 100,000 people on the national waiting list. NJ Sharing N”

“Other changes in net assets or fund balances: - transfer of net assets to the sharing network foundation, inc.; a related internal revenue code section 501(c)(3) tax-exempt organization - ($4,000,000).”

“An independent cpa firm audited the financial statements of the taxpayer for the years ended december 31, 2024 and december 31, 2023; respectively, and issued a certified audited financial statement. An unmodified opinion was issued by the independent cpa firm each year. The organization's finance committee assumes responsibility for oversight of the audit of the taxpayer's financial statements and the selection of its independent auditor. In addition, the taxpayer is an affiliate in a tax-exempt, healthcare related network. An independent cpa firm audited the consolidated financial statements of the taxpayer and all affiliates for the years ended december 31, 2024 and december 31, 2023; respectively and issued a consolidated financial statement with consolidating schedules by entity. An unmodified opinion was issued each year by the independent cpa firm.”