Thomas Jefferson University

“The organization is the tax-exempt parent organization of thomas jefferson university/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. & robert s. Adelson, esq. - business relationship.”

“The organization is an internal revenue code section 501(c)(3) tax-exempt organization and serves as the parent organization of thomas jefferson university/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 thomas jefferson university/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 ("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. Following this review, the form 990 was then presented to the organization's finance, assurance & 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 thomas jefferson university/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 respondent's 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 andissues 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 finance, assurance & 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 board's 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 thomas jefferson university/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 committee's 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 committee's 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 institution's 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.”

“Stephen K. Klasko, M.D., MBA, Peter L. DeAngelis, Jr., Cristina G. Cavalieri, Esq. and Bruce A. Meyer, M.D., MBA are involved in the leadership and management of this organization on a full-time basis. These individuals are employed and receive a Federal Form W-2 from this organization. Accordingly, their common law employer/employee relationship is with Thomas Jefferson University (EIN: 23-1352651). This organization filed a 2020 Federal Form 4720 which included a remittance of excise tax related to each individual's compensation in excess of $1M. Laurence M. Merlis is involved in the leadership and management of this organization on a full-time basis. Mr. Merlis receives a Federal Form W-2 from this organization and a related tax-exempt organization within Thomas Jefferson University/Jefferson Health. The compensation received from a related organization is as a result of his current year vesting in an Internal Revenue Code Section 457(f) plan (non-qualified deferred compensation plan) as the amount was no longer subject to a substantial risk of complete forfeiture. Accordingly, his common law employer/employee relationship is with Thomas Jefferson University (EIN: 23-1352651). This organization filed a 2020 Federal Form 4720 which included a remittance of excise tax related to his compensation in excess of $1M. Mr. Merlis' compensation included on the 2020 Federal Form 4720 includes both, his compensation from this organization, as well as, his compensation from a related organization. Elizabeth Dale, Ed.D., MPA, Kathleen Gallagher, John C. Ekarius, Mark L. Tykocinski, M.D. and Stephanie Conners, MBA, BSN are involved in the leadership and management of this organization on a full-time basis. These individuals are employed and receive a Federal Form W-2 from this organization. Accordingly, their common law employer/employee relationship is with Thomas Jefferson University (EIN: 23-1352651). Thomas Jefferson University did not file a 2020 Federal Form 4720 for any remittance of excise tax related to their compensation in excess of $1M because these individuals were not covered employees of Thomas Jefferson University and thus exempt from excise tax as provided for under Internal Revenue Code Section 4960. Robert H. Rosenwasser, M.D., Jack Jallo, M.D., Ph.D., James S. Harrop, M.D., Stavropoula Tjoumakaris, M.D. and Srinivas Prasad, M.D. are included within the organization's Federal Form 990, Part VII and Schedule J. These individuals are employed physicians providing licensed medical services, as well as non-clinical services and are employed by this organization and a related tax-exempt organization within Thomas Jefferson University/Jefferson Health. During 2020, their employers were not required to file a Federal Form 4720 for any remittance of excise tax related to these individuals because the portion of their compensation attributable to non-clinical services was not in excess of $1M and thus exempt from excise tax as provided for under Internal Revenue Code Section 4960.”

“Michael b. Walsh is involved in the leadership and management of this organization on a full-time basis. Although mr. Walsh receives a federal form w-2 from abington memorial hospital (ein: 23-1352152); a related internal revenue code section 501(c)(3) tax-exempt organization, his common law employer/employee relationship is with thomas jefferson university. Accordingly, mr. Walsh is shown on this federal form 990 as a key employee of thomas jefferson university.”

“John J. Kelly, M.D. is a former officer of this organization. His reportable compensation, retirement/other deferred compensation and non-taxable benefits are reported within Core Form, Part VII and Schedule J of the Abington Memorial Hospital (EIN: 23-1352152) Federal Form 990. Please refer to the Abington Memorial Hospital Federal Form 990 for this information.”

“The organization is the tax-exempt parent organization of thomas jefferson university/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 is the tax-exempt parent organization of Thomas Jefferson University/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 7,000 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. University mission: We are a university with preeminence in transdisciplinary, experiential professional education, research and discovery, delivering exceptional value for 21st century students with excellence in architecture, business, design, engineering, fashion & textiles, health, science and social science - infused with the liberal arts. Enterprise mission: We improve lives. Enterprise vision: Reimagining health, education and discovery to create unparalleled value. Commitment to diversity & equity: We are reimagining diversity and inclusion to promote and cultivate an inclusive environment that celebrates the differences and similarities of our patients, families, students, workforce and the communities we serve to achieve an equitable culture. Thomas Jefferson University 2021 Statistics =========================================== Student FTEs: 7,229 Faculty FTEs: 2,964 Residents: 1,243 Fellows: 255 Alumni: 68,500 TJU focuses on eight academic areas of interest: architecture, business, design, engineering, fashion & textiles, health, science and social science; and houses two flag ship colleges: Sidney Kimmel Medical College (SKMC) and The Kanbar College of Design Engineering and Commerce (KCDEC). SKMC is a historic & renowned medical college consistently in the top 60 national USN&WR Medical School rankings for both research and primary care. SKMC is the medical school for the state of Delaware and a clinical partner to 30 hospitals & health systems, in”

“Institute for Emerging Health Professions: First-of-its-kind higher education incubator that provides innovative, forward-thinking education and training. Graduate programs in Medical Cannabis Science & Business, Integrative Health Sciences and Cardiovascular Perfusion. Certificate programs in cannabis business, medicine and science; integrative health education, integrative nutrition, and mind-body medicine; and telehealth and digital health innovation. Jefferson Online: Fully online, flexible programs where collaboration and excellence meet for an engaging, relevant learning experience dedicated to students' career success. Rector Clinical Skills & Simulation Center: Development, implementation, and evaluation of curricula that use simulation to teach & access the core clinical skills sets required to be a physician, nurse or other health care professional. In doing so, learners embrace & are inspired to teach others using these tools. 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 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 education programs and innovative joint degree programs to more than 1,000 students each year. SKMC is recognized for its balanced approach to medical education, and approximately one out of four to one out of five applicants throughout the United States apply to SKMC. it is committed to (1) educating physicians who will form and lead the integrated healthcare delivery and research teams of tomorrow; (2) discovering new knowledge that will define the future of clinical care through investigation from the laboratory to the bedside, and into the community; and (3) setting the standard for quality, compassionate and efficient patient care for our community and for the nation. Jefferson College of Nursing ---------------------------- Since 1891, when nursing education began at TJU, graduates of TJU nursing programs have been leaders in education, research, healthcare delivery, and community service. The faculty and leadership of the Jefferson College of Nursing ("JCN") are committed to working with their students to continue this rich tradition. JCN continually makes innovative curricular changes aimed at preparing its students to function as outstanding nursing professionals in a dynamic healthcare environment. A crucial characteristic of today's healthcare system is the inter-professional nature of practice. As an integral part of a major academic health center, JCN affords its students the opportunity to interact with other students in an array of healthcare professions. The entire curriculum is based on a set of core competencies that faculty and future employers believe is essential to effective practice. JCN's strategic plan commits to maintaining its status as a premier educational institution for the education and clinical preparation of outstanding nurse leaders and professionals. JCN draws upon a multitude of resources within TJU and its clinical affiliates. TJU ensures that the college's faculty achieves superior quality in practice, research, and teaching, thereby providing the appropriate backdrop for excellent educational experiences for its student body. For every student this means an educational credential that opens exceptional access to employment in healthcare practice settings. Nurses graduating from JCN boast excellent success rates on required licensure and certification examinations, which are consistently above the nat”

“JCPH seeks to create conditions that promote health, prevent adverse events, and improve outcomes. Population health builds on public health foundations by: - Connecting prevention, wellness and behavioral health science with healthcare delivery, quality and safety, disease prevention/management and economic issues of value and risk - all in the service of a specific population, be it a city, provider's practice, employee group, hospital's primary service area or age group; - Identifying socio-economic and cultural factors that determine the health of populations and developing policies that address the impact of these determinants; - Applying epidemiology and biostatistics in new ways to model disease states, map their incidence and predict their impact; and - Using data analysis to design social and community interventions and new models of healthcare delivery that stress care coordination and ease of accessibility. Jefferson College of Rehabilitation Sciences -------------------------------------------- Jefferson College of Rehabilitation Sciences brings together occupational therapy, physical therapy, athletic training, and speech and language pathology. Our goal is to provide programs that are unique in terms of educating students to provide high-quality care that will integrate people back into their communities. The College of Rehabilitation Sciences is proud to be home to two programs ranked by US news & World Report: occupational therapy and the department of physical therapy. Both programs offer students opportunities to participate in research, clinical, and educational experiences. The College is committed to becoming a recognized leader in innovative educational, clinical and research programs. Future plans for the college include establishing departments of rehabilitation sciences and technology, speech and language pathology and outcomes measurement, as well as divisions for the study of cognition, assistive technology, and human engineering and design. 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 heal”

“Jefferson Enterprise ==================== Jefferson Health, in partnership with Thomas Jefferson University, is dedicated to discovering new treatments and therapies that will define the future of clinical care; providing exceptional primary through complex quaternary care to patients in the communities we serve throughout the Delaware Valley; and educating tomorrow's professionals through transdisciplinary and experiential learning designed for new and emerging fields for the 21st century. Combined, Jefferson Health and Thomas Jefferson University have more than 42,000 employees, which includes nearly 3,500 employed physicians/advanced practice professionals, 9,500 full and part-time nurses and more than 1,900 full and part-time paid faculty. Jefferson is the second largest employer in Philadelphia and the largest health system in Philadelphia based on total licensed beds. Jefferson Health includes over 50 outpatient and urgent care centers, 10 Magnet-designated hospitals the NCI-designated Sidney Kimmel Cancer Center; and one of the largest faculty-based telehealth networks in the country that began more than 10 years ago. Jefferson Health includes 14 hospitals throughout southeastern Pennsylvania and southern New Jersey. They are: Jefferson Abington Hospital, Jefferson Bucks Hospital, Jefferson Cherry Hill Hospital, Jefferson Frankford Hospital, Jefferson Hospital for Neuroscience, Jefferson Lansdale Hospital, Jefferson Methodist Hospital, Jefferson Stratford Hospital, Jefferson Torresdale Hospital, Jefferson Washington Township Hospital, Magee Rehabilitation Hospital, Physicians Care Surgical Hospital, Rothman Orthopaedic Specialty Hospital and Thomas Jefferson University Hospital. COVID-19 Response ================= Jefferson was able to treat more than 16,000 COVID-19 inpatients-ranking it as the busiest care provider in the Philadelphia region battling this global pandemic. Jefferson was the first health system in the Philadelphia region to institute universal masking guidelines, and at the peak of COVID-19, its infection rate among frontline staff was roughly 1% -- a testament to the effectiveness of its safety protocols and the relentless commitment to sourcing adequate supplies of personal protective equipment for staff. This is turn translated to protecting thousands of patients from COVID-19 exposure. Jefferson was also among the first in the region to arrange external Emergency Department triage tents and mobile-testing sites to keep patient screenings for COVID-19 outside of its hospitals. In parallel, Jefferson, with the largest faculty-based telehealth networks in the country, treated more than 500,000 patients virtually throughout the pandemic - keeping both patients and physicians safe. Jefferson Health and the City of Philadelphia also worked closely together to open a COVID-19 testing site in Northwest Philadelphia to offer free, twice-weekly testing throughout the peak of the pandemic. When the COVID-19 vaccine became available, Jefferson Health assembled a multidisciplinary COVID-19 Vaccine Task Force that worked tirelessly to develop its Real Talk Initiative and Trusted Messenger program to spread accurate and up-to-date information about the vaccine, particularly to Black and Brown communities that had concerns about the vaccine and mistrust of the medical and scientific community. In tandem, Jefferson initiated a mobile community vaccination program that has administered more than 5,200 vaccines in marginalized communities; more than 92% are people of color and 47% non-English speaking.”

“The organization is the tax-exempt parent organization of thomas jefferson university/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 ("tju") utilizes several single member limited liability companies ("llc's") to hold, manage and invest all of the system's investments through a pooled income approach. The assets and income reported on schedule r part i of this form 990 for these llc's represents total assets and income for all entities in the pooled income funds and investments. At year-end tju allocates a percentage of the assets of these llc's to its related entities which records the respective values on their balance sheets at year-end. Thus, tju's year-end assets on its balance sheet is lower than the total assets reported on schedule r, part i.”

“The organization is the tax-exempt parent organization of thomas jefferson university/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 2012; - pennsylvania higher educational facilities authority series 2012a; - 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, 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 - jefferson health - northeast, ein: 23-0596940 - jefferson health - northeast 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.”

“Other changes in net assets or fund balance include: - net assets released from restrictions - $38,838,117; - change in interest rate swap contracts - $24,628,835; - reclassification of net assets - ($779,538); - net assets released from restriction used for purchase of pp&e - $1,664,416; - change in net pension liability - $131,511,763; - distributions to non-controlling interests - ($42,799,740); - other changes in unrestricted net assets - ($100,000); - change in value of external trusts (donor restricted) - $9,029,179; - net assets released from restrictions (donor restricted) - ($43,428,081); - change in value of split interest agreements (donor restricted) - $3,180,429; - reclassification of net assets (donor restricted) - $809,403; - other changes in net assets (donor restricted) - ($553,156).”

“The organization is the tax-exempt parent organization of thomas jefferson university/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, 2021 and june 30, 2020; respectively and issued a consolidated audited financial statement. An unmodified opinion was issued each year by the independent cpa firm. The organization's finance, assurance & 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 thomas jefferson university/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:xxx-xx-xxxx”

“Description:consulting services total fees:61866153”

“Description:professional services total fees:16075235”

“Description:contracted services total fees:4853433”

“Description:billing & collection fees total fees:1133635”