Harborside Apartments Inc.

“The organization's sponsoring agency, st. Joseph's hospital & medical center, has the power to elect or appoint one or more members of the governing body.”

“The organization's sponsoring agency, st. Joseph's hospital & medical center, has the authority to make governance decisions of the organization.”

“There are no committees with the authority to act on behalf of the governing body.”

“The form 990 was prepared and reviewed by both ernst & young llp and joanne dunay, controller of st. Joseph's hospital & medical center. A final copy of form 990 will be provided to board members prior to filing.”

“St. Joseph's healthcare system, an affiliate of harborside apartments, inc., requires all board of trustees members, manager level and higher employees, officers and medical staff committee members (reporting parties) to complete annual conflict of interest disclosure statements (coids) that consist of questions designed to uncover potential conflicts. The annual solicitation and completion of coids is conducted electronically. Upon completion and submission of coids by reporting parties, affirmative responses to these questions are compiled and summarized electronically into a summary of affirmative responses (summary), which is reviewed by the general counsel and the chief compliance officer. Any potential conflict disclosed in the summary is addressed and resolved. The chief compliance officer reports the results of the reviews and the resolution of any potential conflict disclosed to the president & ceo and the chair of the audit and compliance committee. Results are reported at the annual meeting of the audit & compliance committee. This information is subsequently reported to the system board of trustees. In 2016, no conflicts of interest were identified.”

“Harborside apartments, inc. Operates under the written whistleblower and document retention policies of st. Joseph's healthcare system (sjhs, or the system).”

“St. Joseph's healthcare system (sjhs, or the system), an affiliate of harborside apartments, inc., undertakes a rigorous process to ensure that the executive compensation it pays to its top management official and all officers and key employees of the organization is reasonable. In relevant part, the sjhs board of trustees has established a compensation committee comprised of board members who would be considered independent persons with no personal interest in the proposed compensation arrangement. The sjhs board of trustees uses an independent compensation consultant to help advise on the appropriate compensation levels for the aforementioned individuals. That compensation consultant will use comparability or benchmarking data (based on industry surveys) that documents the compensation of persons holding similar positions in similar organizations. Once the compensation consultant has made its recommendations, the system's compensation committee must approve the compensation, without input or voting participation by the person whose compensation is being approved or by any other individual with a conflict of interest. The final determination is then documented in committee minutes. Those minutes will contain the terms of the proposed compensation, and the comparability data that was relied upon.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”