Thomas Jefferson University

“Thomas jefferson university, inc. Is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The system utilizes a common paymaster for this organization and jefferson university physicians; a related internal revenue code section 501(c)(3) tax-exempt organization. In accordance with the internal revenue service form 990 regulations and instructions, the organization treats amounts paid by a common paymaster for services performed for the organization as if paid directly by the organization. Similarly, the organization treats amounts paid by a common paymaster for services performed for a related organization as if paid directly by the related organization.”

“Ira brind, esq., william a. Landman & robert s. Adelson, esq. - business relationship; and john p. Silvestri & joseph maressa, jr. Esq. - business relationship.”

“The organization is an internal revenue code section 501(c)(3) tax-exempt organization and serves as the parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. As the parent organization of the system thomas jefferson university provides various corporate related services for the benefit of various system entities. These corporate services, include, but are not limited to, executive, legal and risk management, compliance and governance, human resources and finance. Thomas jefferson university allocates a percentage of its total corporate related services costs to various system entities, and records revenue as reimbursement for these corporate related services.”

“The organization is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The organization's federal form 990 was provided to each voting member of the organization's governing body, its board of trustees, prior to filing with the internal revenue service ("irs"). The organization's governing body has assumed the responsibility to oversee and coordinate the federal form 990 preparation, review and filing process. As part of the system's federal form 990 tax return preparation process the system 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 system's finance personnel and various other individuals including, but not limited to, the executive vice president/chief financial and administrative officer, senior vice president of corporation finance and chief investment officer, vice president of corporate finance and associate vice president and enterprise controller ("internal working group") 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 system's internal working group for their review. The 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 internal working group for final review and approval. Following this review, the form 990 was then presented to the organization's audit, risk and compliance committee and provided to the organization's governing body prior to filing with the irs.”

“The organization is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The system has a written conflict of interest policy with which all affiliates regularly monitor and enforce compliance. The conflict of interest policy governs conflict of interest disclosure and monitoring of all voting members of the system's board of trustees. The conflicts of interest policy is designed to assist the organization in evaluating arrangements, contracts or transactions that may benefit the private interest of a trustee, their family member(s), a member of a committee or subcommittee that exercises board-delegated powers of the university, or senior management. The policy is intended to supplement but not replace applicable state and federal laws governing nonprofit charitable corporations. In accordance with the conflict of interest policy, each voting member of the board of trustees must complete, at least annually, the system's conflict of interest disclosure process. The conflict of interest process includes distribution of an electronic disclosure to all persons who served as voting members of the board of trustees, members of senior management and key employees during the previous fiscal year. The disclosure form elicits information related to the respondents actual or potential interests and activities in which they engaged during the reporting period. The process also requires covered persons to disclose such information about their family members. In addition to attesting to the veracity of information contained within the disclosure, the voting member of the board of trustees must certify that they will abide by the system's conflicts of interest and other relevant policies and will disclose all interests and activities related to their ongoing service on the board of trustees. Members of senior management and individuals identified as key employees receive disclosure questions required of members of the board of trustees. All persons covered under the organization's board of trustees and employee-related conflict of interest policies maintain a continuing obligation to disclose all changes in interests, activities and relationships throughout the year. The system maintains all original disclosure forms and certifications in accordance with its record retention policy. The system also compiles and issues a comprehensive report of all actual or potential interests and activities reported during the board of trustees conflicts of interest disclosure process to the organization's executive committee of the board of trustees. Thereafter, the board of trustees itself or through delegation to the audit, risk and compliance committee, evaluates all actual or potential conflicts of interest to determine whether activities or arrangements require management, reduction, or elimination of certain interests, activities or relationships. When management of the identified conflict is required, the affected person(s), members of the boards executive committee, and certain members of executive management, receive notification of the requirements set forth in the management plan. Affected persons are expected to abide by the terms of the management plan, which may include, but may not be limited to, recusal from deliberations and voting when appropriate. In addition to the above-outlined internal reporting and evaluation of activities, transactions and relationships, all required disclosures in accordance with the internal revenue service's regulations and instructions are reported on the organization's federal form 990.”

“The organization is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The organization is committed to ensuring that its executive compensation program adheres to the highest standards of regulatory compliance and best practices in corporate governance. The organization's board of trustees has a compensation and human capital committee ("committee"). The committee has adopted a written executive compensation philosophy which is follows when it reviews and approves of the compensation and benefits of the system's executive compensation, including arrangements covering the president/ chief executive officer, senior executives and other key employees (including clinical department chairs and select faculty). The committee meets multiple times during the year and is comprised of individuals who are independent and do not have conflicts of interest with regard to the compensation arrangements that fall within its purview. The committees process is designed to satisfy the rebuttable presumption of reasonableness that is available under the intermediate sanctions law, and includes the review of comparability data and the contemporaneous substantiation of its deliberations and decisions. The committees decisions are made in accordance with system's compensation philosophy, which supports the objective of attracting, retaining and motivating talented individuals who have the appropriate experience and skills to achieve the institutions objectives. On an annual basis the committee reviews appropriate comparability data for similar institutions that reflect the mission, scope and complexity of the organization and its constituent entities. The committee engages qualified, independent consultants as needed to provide advice on compensation matters and to prepare the comparability data, which are reviewed by the committee in advance of making its decisions. The committee reviews and approves compensation for the president/chief executive officer and other senior executives based on market practices, an assessment of performance and other business judgment factors. The executive compensation includes incentive pay, pursuant to which executives are rewarded based on the achievement of the system, entity and individual performance goals that are established in advance of the performance period. These goals are linked to system's mission, strategic and operating objectives, and have predetermined weights. At the end of the year, the committee approves the resulting awards based on a review of performance achievements relative to the goals; in appropriate circumstances, other discretionary factors may be considered when incentives are determined. The committee makes a determination of the reasonableness of compensation and maintains minutes that document its deliberations and decisions.”

“The organization has issued tax-exempt bonds to finance various capital improvement projects and renovations. In conjunction with the issuance of these tax-exempt bonds, the organization's financial statements were included with the tax-exempt bond prospectus which was made available to the general public for review. In addition, the organization's filed certificate of incorporation and any amendments can be obtained and reviewed through the commonwealth of pennsylvania.”

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

“Theodore taraschi, former officer of the organization, is still employed within thomas jefferson university and jefferson health as the associate provost for research conduct and compliance at thomas jefferson university.”

“The organization is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The system includes both for-profit and not for-profit organizations. Certain board of trustee members, key employees and officers 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 core form, part vii of this form 990, for board members who receive compensation for services rendered in a non-board capacity, paid officers or key employees, reflect total hours worked per week on behalf of the system; not solely this organization.”

“Thomas jefferson university, inc. Is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. Thomas jefferson university is the sole corporate member or stockholder of various not for-profit and for-profit entities. The internal revenue service ("irs") has recognized thomas jefferson university as a tax-exempt organization under internal revenue code section 501(c)(3). Thomas jefferson university ("tju") was first incorporated under the name jefferson medical college of philadelphia by a special act of the pennsylvania general assembly in 1838. Tju is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. Thomas jefferson university is the sole corporate member or stockholder of various not for-profit and for-profit entities. The internal revenue service ("irs") has recognized thomas jefferson university as a tax-exempt organization under internal revenue code section 501(c)(3). Today, tju is an innovative health sciences university that conducts research and offers undergraduate and graduate instruction through the sidney kimmel medical college at thomas jefferson university ("skmc") as well as the jefferson colleges of nursing, pharmacy, health professions, population health, rehabilitation sciences and life sciences. Tju's educational programs are fully accredited and it educates over 4,000 students annually. Tju educates medical students, nurses, scientists, physician's assistants, technicians, pharmacists, occupational and physical therapists, population health experts, and other healthcare professionals to provide healthcare services and to conduct cutting-edge scientific and medical research in the cure and prevention of diseases. Tju also conducts clinical and statistical research, studies, and experiments to improve current disease prevention and treatment knowledge and techniques. Tju dedicates itself to collaborative, transdisciplinary and inter-professional approaches to learning that offer a vibrant and expandable platform for education. Through this unique model, we are preparing our students for current and yet-to-be-imagined careers setting tomorrow's standards by breaking today's. Tju also serves as the parent or controlling organization of a group of affiliated tax-exempt organizations conducting their operations as jefferson health ("jefferson health", or the "system"). The system includes thomas jefferson university hospitals ("tjuh"), jefferson university physicians ("jup"), methodist associates in healthcare, abington health, the aria health system, philadelphia university, the kennedy health system and magee rehabilitation hospital. The system as a whole operates as an integrated academic medical center and has a tripartite mission of education, research and patient care. Our mission: we improve lives and provide students with exceptional value in 21st century professional education. Our vision: we are reimagining health, education and discovery to create unparalleled value. Current activities ================== tju conducts research and offers undergraduate and graduate education through the sidney kimmel medical college as well as the jefferson colleges of nursing, pharmacy, health professions, population health, rehabilitation sciences and life sciences. Sidney kimmel medical college at thomas jefferson university (skmc) ------------------------------------------------------------------- skmc was originally known as the jefferson medical college, which was founded in 1824. Skmc has awarded more than 31,000 medical degrees and has more living graduates than any other private medical school in the nation. It offers both undergraduate medical edu”

“Jefferson college of health professions --------------------------------------- the jefferson college of health professions ("jchp") (previously known as the school of health professions) offers inter-professional programs across the health professions. Jchp offers degrees ranging from a bachelor of science through clinical doctorate across several academic departments which include the following: counseling & behavioral health tju combined two of its distinguished graduate programs, its ms in couple and family therapy and its ms in community and trauma counseling, to create the counseling and behavioral health department. The department increases collaboration among tju's behavioral health programs and provides the framework to expand tju's educational behavioral health offerings. Disaster medicine & management the master of science in disaster medicine and management program, delivered as a partnership between tju and the department of emergency medicine of the albert einstein health network, prepares students to manage and develop the increasingly complex disaster management and preparedness requirements of the 21st century. The disaster medicine and management program is designed to educate medical, public safety and defense professionals working in the public and private sectors to plan for, respond to, and mitigate the effects of natural and manmade disasters, including terrorism, war, tsunamis, earthquakes, hurricanes, floods, wildfires, volcanoes, hazardous materials and major power grid disruptions. Health sciences - the bachelors of science in health sciences program offers students an undergraduate emphasis on healthcare. Students can use the program to meet prerequisites for nursing school, pharmacy school, medical school and other post-graduate studies. Students can also participate in accelerated undergraduate degree programs in the health sciences combined with master's degrees in physician assistant studies, occupational therapy, community and trauma counseling, athletic training or medical lab sciences and biotechnology. Medical imaging & radiation sciences - tju's department of medical imaging & radiation sciences provides excellence and leadership in all aspects of radiologic sciences by teaching, undertaking research and providing exemplary clinical practice skills in the broad field covered by this discipline. The department of medical imaging & radiation sciences is one of the few academic programs that have both a bachelor's and master's degree option in the field of radiologic sciences. Medical laboratory sciences & biotechnology - a medical laboratory scientist lays the foundation for the healthcare and science-based industries by diagnosing abnormal cells before they transform to cancer, monitoring a patient's health or disease status, isolating a molecule that will become a medicine or mapping a genetic pattern that can solve a crime. Tju's program offers one of the most robust multispecialty curricula in the country and is the only institution in the region to offer academic healthcare programs in biotechnology/molecular sciences, cytotechnology/cell sciences and medical laboratory sciences. Students participate in core curriculum courses spanning these disciplines, and learn and practice specialized hands-on, laboratory-based training at every stage of their programs. Midwifery & women's health - the midwifery institute at jefferson is on the cutting edge of a changing world, by weaving tradition with technology, and offers students education for the betterment of the health of women, their families, and communities. The midwifery institute at jefferson has been educating midwives for more than two decades. Through an innovative online distance learning model of midwifery education, the program is able to offer a wide range of students, faculty and alumni a supportive, encouraging network to learn and explore. Physician assistant studies tju's physician assistant studies program prepares students t”

“(4) service - to develop and deliver innovative models of physical therapy practice to serve the health needs of diverse patient populations locally and globally, to provide students opportunity to apply education to practice, and set the standards of practice for the profession. Physical therapy ("pt") program tju's pt program is one of the most respected pt programs in the region. Students from around the country come to experience a positive, collaborative learning environment that contributes to success. Advanced practice certificate in hand & upper limb rehabilitation - tju's program enables physical or occupational therapists to participate in advanced study of the hand and upper limb rehabilitation. The curriculum consists of four graduate level courses, offered in a convenient web-based format with limited onsite weekend sessions to practice psychomotor skills required for advanced practice in hand therapy. The course work has helped graduates prepare for the certification in hand therapy examination offered by the hand therapy certification commission. Advanced practice certificate in using design in healthcare delivery - the advanced practice certificate in using design in healthcare delivery provides practicing occupational therapy practitioners and other healthcare professionals with specific knowledge in design principles and a distinct skill-set in design approaches and methods that enhances their practice and expands inter-professional collaborative opportunities. Through four, 3-credit online courses with limited on-campus sessions, students apply design principles and strategies to enhance client intervention planning, implementation, and outcomes. Jefferson college of life sciences ---------------------------------- the mission of the jefferson college of life sciences ("jcls") is to "train tomorrow's scientific leaders today" by providing the highest quality undergraduate, graduate and postdoctoral education and research training in the life sciences, in order to prepare students and fellows to make significant contributions to the progress of life science through careers including academia, industry, and government. Jcls and its faculty offer courses and programs across a wide field of basic and translational sciences, leading to the bs degree, phd degree, the ms degree and graduate certificate programs. In addition, jcls offers a post baccalaureate pre-professional program for candidates interested in completing their prerequisite course work for medical and professional schools. The college also coordinates postdoctoral training programs across the campus. Additionally, jcls, in conjunction with the sidney kimmel medical college, offers a combined md/phd program. The college's education and training programs provide a solid foundation for graduates, many of whom have pursued additional graduate and professional education and training programs. Other jcls graduates have directly entered successful careers including positions at colleges and universities, pharmaceutical and biotechnology companies, healthcare settings, government agencies, and many other professional venues. Research training at jcls is anchored by a large and diverse portfolio of active research programs with extensive outside grant support. That foundation, combined with clinical research and patient-care programs, provides opportunities for professional development and basic and translational research experiences in a challenging, exciting and satisfying undergraduate and graduate training environment. Research at tju =============== research is a key component of tju's tripartite mission and links directly to its educational and healthcare mission. Across all divisions of the university, its centers and institutes, and its student opportunities, research is a driving force. Tju conducts multi-faceted research in autism, computational medicine, hematology and vascular disease, population health, neuroscience, pulmonary disease, cancer, f”

“By working on transdisciplinary teams at tju, students gain a broader understanding of differing perspectives and develop critical decision-making skills. Built for a future that has yet to be defined, tju is crossing disciplines to bring unrivaled innovation and discovery to higher education. Through boundary-breaking collaboration, research and hands-on, experiential learning, tju equips graduates with leadership and analytical skills shaped for an accelerated job market. Tju is reshaping education for the 21st century. Tju is similarly forward-looking in its research programs. Through its jane and leonard korman respiratory institute jefferson health & national jewish health, tju is focused on basic and translational research by recruiting a lung biologist whose research is expected to enhance methods of detecting and treating a variety of lung diseases in the exam room. In addition, a medical oncologist will focus on bringing clinical trials and the newest advances in molecular therapeutics and personalized medicine to patients. At the forefront of academic medicine, tju is using its center for translational medicine to create a new culture of collaboration and cooperation between basic science investigators and physicians. The center bridges basic scientific discoveries with physicians' needs for their patients. The center emphasizes cutting-edge basic molecular biomedical research and its translation into the most efficient and tailored forms of diagnosis and treatment as well as modes of prevention. Tju's sidney kimmel cancer center works every day to achieve its mission of improving lives of cancer patients and their families through compassion, innovation and breakthrough discoveries. To achieve that mission, the center will use scientific discoveries and advances in cancer detection and treatment. Its researchers are committed to translating scientific findings into promising treatments for all types of cancer, including lung cancer, head and neck squamous cell carcinoma, and prostate cancer, with a focus on incidence and mortality in tju's local catchment area and beyond with an emphasis on vulnerable populations, including african american and geriatric patients. The cancer center's breast cancer program is committed to decreasing the incidence and morbidity of breast cancer through discovery and translation into practice in the philadelphia area and beyond. The gastrointestinal cancer program is identifying, at the molecular level, the underlying formation of cancer and its metastasis, and translating these components into novel diagnostic tools enabling early detection, prognosis, prediction, risk-stratification and prevention. Its additional goals are to exploit novel mechanisms to define molecularly targeted therapeutics for cancer prevention, treatment and control and to advance diagnostic and therapeutic modalities into evidence-based practice for cancer prevention and control. Finally, tju's cancer center is improving population health on a broad scale by reducing cancer burden and disparities through discovering, developing, evaluating and implementing evidence-based care to bring about healing with tailored, whole-person care. Philadelphia university + thomas jefferson university: two legacies joined by one vision =================================================================== unifying two renowned legacies of innovation, education, research and professional excellence, jefferson (philadelphia university + thomas jefferson university) has more than three combined centuries of history. Driven by this newly united and robust past, jefferson delivers unique and high-impact professional education to our students in the areas of architecture, business, design, engineering, fashion, health, medicine, science, textiles and more. Thomas jefferson university was founded in 1824 as jefferson medical college, and philadelphia university was founded in 1884 as the philadelphia textile school. Both were ahead of th”

“The organization is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. The system has a number of outstanding long-term obligated group debt liabilities, including the following bond issuances: - pennsylvania higher educational facilities authority series 2006b; - pennsylvania higher educational facilities authority series 2009a; - pennsylvania higher educational facilities authority series 2012; - pennsylvania higher educational facilities authority series 2012a; - pennsylvania higher educational facilities authority series 2012b; - pennsylvania higher educational facilities authority series 2015a; - pennsylvania higher educational facilities authority series 2015b; - pennsylvania higher educational facilities authority series 2015c-g; - pennsylvania higher educational facilities authority series 2015h; - philadelphia authority for industrial development series 2017a; - philadelphia authority for industrial development series 2017b; - philadelphia authority for industrial development series 2017c; - montgomery county higher education and health authority series 2018a, - montgomery county higher education and health authority series 2018b; - montgomery county higher education and health authority series 2018c; - montgomery county higher education and health authority series 2018d; and - montgomery county higher education and health authority series 2019a. The bonds outlined above and various other long-term borrowings are allocated by thomas jefferson university; the tax-exempt parent of the system and sole member of various tax-exempt affiliates within the system, to the following system member hospitals and certain other affiliates. The balance sheet of these respective member hospitals and certain other affiliates reflects a tju obligated group liability. Accordingly, this tju obligated group liability is reflected on the balance sheet of the following subsidiary organizations: - thomas jefferson university hospitals, ein: 23-2829095 - tjuh system, inc., ein: 26-3026795 - jefferson university physicians, ein: 23-2809585 - abington health, ein: 27-1243803 - abington health foundation, ein: 23-2188052 - abington memorial hospital, ein: 23-1352152 - lansdale hospital corporation, ein: 26-3359979 - aria health, ein: 23-0596940 - aria health system, ein: 23-2239131 - philadelphia university, ein: 23-1352294 - kennedy university hospital, inc., ein: 22-1773439 - kennedy health system, inc., ein: 22-2442036 - magee rehabilitation hospital, ein: 23-1476328 schedule k was prepared on a consolidated basis and is included on this organization's federal form 990, schedule k.”

“In august 2016, the fasb issued asu 2016-14, not-for-profit entities: presentation of financial statements of not-for profit entities, which eliminates the requirement for not-for-profits (nfps) to classify net assets as unrestricted, temporarily restricted and permanently restricted. Instead, nfps are required to classify net assets as net assets with donor restrictions or without donor restrictions. Among other things, the guidance also modifies required disclosures and reporting related to net assets, investment expenses and qualitative information regarding liquidity. Nfps are also required to report all expenses by both functional and natural classification in one location. The provisions of asu 2016-14 are effective for the institution for annual periods beginning after december 15, 2017 and interim periods thereafter. As such, the institution adopted asu 2016-14 for the year ended december 31, 2018. The effects of the adoption of asu 2016-14 were applied retrospectively. As a result of the adoption of asu 2016-14, the net asset categories have been updated as described above. Additionally, the addition of quantitative and qualitative disclosures related to the analysis of expenses by both natural and functional classifications and liquidity and availability of resources can be found in notes 4 and 14. The adoption of asu 2016-14 had no impact on the total net assets previously reported by the institution as of december 31, 2017.”

“Other changes in net assets or fund balance include: - net assets released from restrictions - $31,727,303; - change in net pension liability - ($54,894,000); - change in interest rate swap contracts - ($4,669,821); - net assets released from restriction used for purchase of pp&e - $540,210; - distributions to non-controlling interests - $43,132; - change in value of external trusts (donor restricted) - ($330,882); - net assets released from restrictions (donor restricted) - ($33,356,212); - change in value of split interest agreements (donor restricted) - $18,423; - other changes in net assets (donor restricted) - $192,513; and - other changes in net assets - $2,746,999.”

“The organization is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. An independent certified public accounting ("cpa") firm audited the consolidated financial statements of the system for the fiscal years ended june 30, 2019 and june 30, 2018; respectively and issued a consolidated audited financial statement. An unmodified opinion was issued each year by the independent cpa firm. The organization's audit, risk and compliance committee has assumed responsibility for the oversight of the audit of the consolidated financial statements, which includes the selection of an independent auditor.”

“The organization is the tax-exempt parent organization of jefferson/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. 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.”

“Description:outside services total fees:65584881”

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“Description:professional services total fees:1467595”

“Description:transcription services total fees:126037”