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.”

“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 provided to the organization's governing body prior to filing with the IRS. In addition, the form 990 was provided to the organization's finance, assurance & compliance committee and the CPA firm made a presentation to the committee regarding the System's Forms 990 together with a healthcare industry tax update.”

“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 governing body.”

“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.”

“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. 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 member or stockholder of various 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. 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, life sciences, architecture & the built environment, design engineering & commerce, and humanities & sciences. TJU's educational programs are fully accredited and it educates over 8,200 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: Jefferson holds itself accountable, at every level of the organization, to nurture an environment of inclusion and respect, by valuing the uniqueness of every individual, celebrating and reflecting the rich diversity of its communities, and taking meaningful action to cultivate an environment of fairness, belonging & opportunity. Thomas Jefferson University FY22 Statistics =========================================== Student FTEs: 8,200 Faculty FTEs: 1,800 Residents: 1,662 Fellows: 331 Alumni: 76,630 TJU focuses on eleven academic areas of interest: architecture, business, design, engineering, fashion, health, medicine, nursing, science, social science, and textiles; 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 addition to Jefferson Health Hospitals. KCDEC offers a transdisciplinary approach to teaching and learning that gives students the skills and knowledge to think out-of-the-box ideas and work collaboratively to identify problems and discover innovative solutions. Thomas Jefferson University - U.S. News & World Report Rankings 2022 - 2023 ==============================”

“Jefferson Consortium for African Partnerships: At Jefferson, we believe that in order to truly improve health outcomes on a global scale, it is imperative that we have a presence in Africa. It is in this spirit that we launched the Jefferson Consortium for African Partnerships (JCAP), focused on developing strong clinical, academic, and research collaborations with hospitals and universities in countries like Rwanda, Malawi, Uganda, and South Africa. JCAP's mission is to organize, support and collaborate with African coursework, research, and practice. The collaborative is deeply rooted in the belief that health equity is a human right, and because of this, Jefferson has a compelling interest in partnering with African counterparts in mutual academic and intellectual pursuits. The Jefferson Advantage - Ready for the Future of Work ====================================================== NEXUS LEARNING > the Jefferson X Factor > Signature approach that is making Jefferson a transformative force in higher education. The right blend of theory and hands-on learning that provides students with a real competitive advantage in a rapidly changing world. Jefferson Institute for Bioprocessing (JIB): First and only specialized education and training institute for biopharmaceutical processing in North America that combines commercial single-use processing equipment with the internationally recognized National Institute for Bioprocessing Research and Training (NIBRT) curriculum. The focus of JIB is hands-on training of industry professionals through workshops and certificates and hands-on education of new bioprocessing engineers at the undergraduate and graduate levels. 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 Colle”

“Jefferson College of Health Professions --------------------------------------- The Jefferson College of Health Professions (JCHP) is committed to educating healthcare professionals of the highest quality and ethical standards for contemporary practice in the global community. The college, representing inter-professional programs across the health professions, offers natural opportunities for students to develop professional behaviors within a community of learners. JCHP offers degrees ranging from a bachelor of science through clinical doctorate across several academic departments and institutes: - Counseling & behavioral health - Disaster medicine & management - Health sciences - Medical imaging & radiation sciences - Medical laboratory sciences & biotechnology - Midwifery & women's health - Nutritional sciences - Physician assistant studies - Institute of emerging health professions Jefferson College of Population Health -------------------------------------- TJU established the Jefferson College of Population Health ("JCPH") in 2003 to provide graduate education that prepares leaders with global vision to examine the social determinants of health and to evaluate, develop and implement health policies and systems that will improve the health of populations and enhance the quality of life. Originally formed in 1990 as the office of health policy and clinical outcomes, JCPH prepares healthcare providers for the challenges of a dynamic healthcare environment. The increasing complexity of healthcare and its importance to the national economy established the need and demand for professionals and researchers well-versed and prepared to assume leadership roles. In addition, the complexity and scope of the industry required that research and education be addressed comprehensively and holistically from the perspective of population health: health outcomes and their distribution within the population, the determinants that influence this distribution, and the policies and interventions that impact these determinants. 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, assisti”

“Through the integrated DEC core curriculum, students gain the added value of expertise in related fields as well as deep discipline-specific knowledge. The program retains the core learning of each major while forging new collaborations between designers, engineers and entrepreneurs. By learning in a transdisciplinary environment, students go on to be better, more effective leaders in their professions. When the critical-thinking and creativity skills of the designer combine with the analysis and problem-solving skills of the engineer and the planning and project-management skills of the business professional, they synthesize to form a suite of expertise that makes our students uniquely qualified to address today's real-world problems. By bringing together design, engineering and business disciplines, Kanbar College pushes students to think beyond the boundaries of existing academic fields and focus on innovation through teamwork, collaboration and connections with industry partners while it emphasizes critical thinking and real-world problem-solving skills. This pioneering curriculum prepares students to adapt to changes in their professions, collaborate with colleagues in other fields, and excel in jobs that exist today as well as ones that will emerge tomorrow. Students gain the knowledge and skills necessary to succeed in the 21st century workplace through real-world experience working on industry-sponsored projects. 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, fibrosis, immunology and infectious disease, musculoskeletal disease, and metabolism and mitochondrial function. TJU has given special emphasis to research focused on cancer and cancer biology, cardiac and cardiovascular biology, neuroscience, population and public health, and infectious diseases and vaccines. Cancer: through the Sidney Kimmel Cancer Center, a national cancer institute-designated cancer center, TJU accelerates discovery in five NCI -designated program areas, aiming to translate findings into more effective treatments. These areas are cancer cell biology and signaling, molecular biology and genetics, prostate cancer, breast cancer and gastrointestinal cancer. Cardeza Foundation for Hematologic Research: in 1939, Mr. and Mrs. Thomas D. Cardeza established the Cardeza Foundation for Hematologic Research in the division of hematology in department of medicine at Thomas Jefferson University as a memorial to Charlotte Drake Cardeza. Cardeza Foundation enables TJU to conduct a broad range of basic research, clinical and translational research and core laboratories related to hematology, including thrombosis and hemostasis, circulating blood platelet contributions to blood clotting and growth of solid tumors, genetic effects of platelet functions, breast and prostate cancer cell metastasis, gene expression in megakaryocytes and platelets and their role in cardiovascular disease and thrombopoiesis. Farber Institute for Neuroscience: composed of the departments of neurological surgery, neurology, neuroscience and psychiatry and human behavior, the Farber Institute for Neuroscience, a division of TJU, conducts basic, translational and clinical research to understand the fundamental mechanisms of the normal and diseased brain. Farber institute specialists translate their understanding into treatments for neurodegenerative and other devastating disorders. researchers at the institute share their findings and experiences with other academics and specialists from around the world and work together to treat, prevent, and find cures for all kinds of neurological and spine diso”

“Jefferson Health includes 18 hospitals throughout southeastern Pennsylvania and southern New Jersey. They are: - Einstein Medical Center Elkins Park - Jefferson Health - Einstein Medical Center Montgomery - Jefferson Health - Einstein Medical Center Philadelphia - Jefferson Health - 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 - MossRehab - Physicians Care Surgical Hospital - Rothman Orthopaedic Specialty Hospital - Thomas Jefferson University Hospital”

“STEPHEN K. KLASKO, M.D., MBA, WAS THE PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THOMAS JEFFERSON UNIVERSITY/JEFFERSON HEALTH THROUGH DECEMBER 31, 2021. AS SUCH, FOR THE PERIOD JULY 1, 2021 THROUGH DECEMBER 31, 2021, DURING THIS TIME HE ALSO SERVED AS AN EX-OFFICIO VOTING MEMBER OF THIS ORGANIZATION'S GOVERNING BODY; AN UNCOMPENSATED POSITION. DR. KLASKO WAS EMPLOYED BY AND RECEIVED A FEDERAL FORM W-2 FROM THIS ORGANIZATION. HIS COMMON LAW EMPLOYER/EMPLOYEE RELATIONSHIP WAS WITH THOMAS JEFFERSON UNIVERSITY. ACCORDINGLY, THOMAS JEFFERSON UNIVERSITY FILED A 2021 FEDERAL FORM 4720 WHICH INCLUDED A REMITTANCE OF EXCISE TAX RELATED TO HIS COMPENSATION IN EXCESS OF $1M. Bruce A. Meyer, M.D., MBA, Mark L. Tykocinski, M.D., Charles G. Lewis, Peter L. DeAngelis, Jr. AND Cristina G. Cavalieri, Esq. 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 2021 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. His common law employer/employee relationship is with Thomas Jefferson University (EIN: 23-1352651). This organization filed a 2021 Federal Form 4720 which included a remittance of excise tax related to his compensation in excess of $1M. Mr. Merlis' compensation included on the 2021 Federal Form 4720 includes both, his compensation from this organization, as well as, his compensation from a related organization. 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, THOMAS JEFFERSON UNIVERSITY FILED A 2021 FEDERAL FORM 4720 WHICH INCLUDED A REMITTANCE OF EXCISE TAX RELATED TO HIS COMPENSATION IN EXCESS OF $1M. Stephanie Conners, MBA, BSN, Elizabeth Dale, Ed.D., MPA AND Clayton Fitzhugh 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 2021 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. Srinivas Prasad, M.D., MS, Robert H. Rosenwasser, M.D., James S. Harrop, M.D. and Howard Krein, 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 2021, 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.”

“Stephen K. Klasko, M.D., MBA was the president and chief executive officer of Thomas Jefferson University/Jefferson Health through December 31, 2021. The loan disclosed on Schedule L, Part II from Thomas Jefferson University to Dr. Klasko was fully repaid by Dr. Klasko during the fiscal year ended June 30, 2022, including principal and accrued interest. Accordingly, there is no end of year balance reflected on Core Form, Part X, Line 5 for the fiscal year ended June 30, 2022.”

“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 an affiliate within 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 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 2019a; and - montgomery county higher education and health authority series 2022b. 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 may reflect a tju obligated group liability. The members of the obligated group consist of the following: - thomas jefferson university, ein: 23-1352651 - thomas jefferson university hospitals, ein: 23-2829095 - tjuh system, ein: 23-3026795 - 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, ein: 22-2442036 - kennedy health facilities, inc., ein: 22-2442032 - kennedy medical group practice, p.c., ein: 46-1420853 - magee rehabilitation hospital, ein: 23-1476328 - albert einstein healthcare network, ein: 23-2290323 - albert einstein medical center, ein: 23-1396794 - einstein community health associates, inc., ein: 23-2760086 - einstein medical center montgomery, ein: 20-4193243 - einstein practice plan, inc., ein: 23-2664784 - fornance physician services, ein: 23-2275991 - montgomery hospital, ein: 23-1352193 - montgomery health foundation, ein: 22-2456265 schedule k was prepared on a consolidated basis and is included within thomas jefferson university's (ein: 23-1352651) federal form 990 for the year ended june 30, 2022.”

“Other changes in net assets or fund balance include: - net assets released from restrictions - $40,139,957; - change in interest rate swap contracts - $16,844,155; - reclassification of net assets - ($979,921); - net assets released from restriction used for purchase of pp&e - $2,154,683; - change in net pension liability - $58,140,405; - distributions to non-controlling interests - $677,873; - loss on defeasance of debt - $551,624; - other changes in unrestricted net assets - $145,038; - change in value of external trusts (donor restricted) - ($10,199,482); - net assets released from restrictions (donor restricted) - ($42,704,686); - change in value of split interest agreements (donor restricted) - ($800,920); - reclassification of net assets (donor restricted) - $979,921; - other changes in net assets (donor restricted) - $518,278.”

“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, 2022 and june 30, 2021; 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.”

“Effective october 4, 2021, at 12:01 am est, pursuant to the terms of an integration agreement, this organization became the sole member of albert einstein healthcare network ("aehn"). Effective with this agreement, aehn became a functionally integrated supporting organization of tju; an organization recognized by the internal revenue service as a tax-exempt organization under internal revenue code section 501(c)(3). Aehn's bylaws were amended effective october 4, 2021 to reflect the change of the organization's sole member. Accordingly, aehn and all einstein affiliates have been added to schedule r of this organization's form 990.”

“Description:outside services total fees:xxx-xx-xxxx”

“Description:consulting services total fees:38080423”

“Description:professional services total fees:17228132”

“Description:contracted services total fees:5433066”

“Description:billing & collection fees total fees:968949”