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 governing documents of the organization were updated and amended during the year to reflect the reorganization following the affiliation of the Albert Einstein Healthcare Network and the remaining purchase of Health Partners Plans, Inc. not previously owned by this organization. These amendments were designed to ensure governance provisions are consistent across TJU/Jefferson Health affiliates. Thomas Jefferson University remains the ultimate sole member of all affiliates within Thomas Jefferson University/Jefferson Health.”

“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 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 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.”

“Through august 2023, MICHAEL B. WALSH waS INVOLVED IN THE LEADERSHIP AND MANAGEMENT OF THIS ORGANIZATION ON A FULL-TIME BASIS. ALTHOUGH MR. WALSH RECEIVEd 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 waS 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 statistics fy23/24 ============================================== student ftes: 7,415 faculty ftes: 2,618 residents: 1,658 fellows: 323 alumni: 76,000 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. The system's tripartite mission of education, research and patient care. Jefferson health, in partne”

“Graduate: the sidney kimmel medical college (skmc) ranks #61 in the category of best medical school (primary care) and #56 of best medical school (research). The school of rehabilitation sciences is ranked #7 in occupational therapy and #44 in physical therapy. The college of nursing is ranked as #100 in nursing - anesthesia. The college of nursing landed in the top 25 for best online master's in nursing programs by u.s. News & world report. Jefferson college of nursing was ranked no. 11 in the 2024 best online master's in nursing programs for veterans by u.s. News & world report. Tju's school of health professions ranks #17 in midwifery and #74 in the category of physician's assistant. The school of pharmacy ranks #44 in the category of best pharmacy school. The school of life sciences ranks as #119 in biological sciences. The school of population health ranks as #88 in the category of public health. Global: tju ranks as #48 in surgeries amongst global universities. Thomas jefferson university global & industry collaborations ============================================================ jefferson's global centers -------------------------- today's global jefferson builds on decades of engagement with people and institutions around the world. The university's regionally focused centers, consortia, and initiatives are powerful engines for sustaining and expanding our dynamic international community-continuously creating opportunities for jeffersonians to engage in education, research and health care worldwide, and welcoming guests from around the globe to our home in the philadelphia region. Jefferson india center: the jefferson india center provides the framework necessary to keep pace, empowering public-private partnerships that address the social determinants of health, health disparities, and access to care in the world's two largest democracies. By advancing the concept of distance learning and team science through bilateral faculty and student exchanges, the center provides new generations of health leaders the global perspective necessary to effect meaningful change in healthcare delivery. Jefferson all-island ireland center: the all-island ireland center is creating opportunities for study, research, hands-on learning and cultural engagement. While peer-to-peer activities have existed for many years between thomas jefferson university faculty and academic and research leaders in greater ireland, it was the formalization of the agreement between the national institute for bioprocessing research and training (nibrt) in dublin and the jefferson institute for bioprocessing (jib) in the philadelphia area that brought a renewed focus to formalizing the relationship. Jefferson israel center: deepens existing ties with leading israeli biomedical institutions & expands into architecture, design, textiles & fashion. Jefferson italy center: by advancing the concept of distance learning and team innovation through bilateral faculty and student exchanges, the jefferson italy center provides future leaders in medicine, fashion, architecture, design and business the global perspective necessary to thrive in an ever-changing healthcare landscape and global marketplace. Global healthcare needs are changing at a rapid clip. The jefferson italy center provides the framework necessary to keep pace, empowering public-private partnerships that address the social determinants of health, health disparities, and access to care both in italy and philadelphia. The jefferson italy center promotes entrepreneurial research opportunities and collaborations between jefferson and our italian partners that harness knowledge from basic sciences to rapidly produce new drugs, devices, and treatment options for patients worldwide. Jefferson japan center: the vision of the jefferson japan center is to foster the development of health professionals from japan with experiences at jefferson, promote the exchange of research ideas and personnel between the japane”

“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. Jeffhope, the largest and most active student organization at skmc, improves health care access for the homeless and underserved, facilitating thousands of health clinic visits/year. 30+ years working with project home and other partners battling homelessness. The jeffhope (health opportunities, prevention & education) program supports four homeless shelters and one needle exchange harm reduction program in philadelphia every week. The team provides acute and basic medical care and helps individuals and families experiencing homelessness access other health and social resources and healthcare providers who are better equipped to care for them long-term. Jefferson health donates lab and pharmaceutical services, while skmc students and facilitators run the weekly clinics. 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 national average. Jcn programs are designed not only to assist jcn students in developing the knowledge, skills, and competencies necessary to enter and excel in the nursing profession but also to educate nurses who model positive attitudes, critical thinking, problem-solving strategies and strong professional ethics in all their professional roles. Jefferson college of pharmacy ----------------------------- the jefferson college of pharmacy ("jcp") provides an innovative doctor of pharmacy program that prepares its graduates for interesting and challenging pharmacy practice roles across the healthcare continuum. Underpinning the jcp curriculum is an accomplished and diverse team of healthcare leaders, teachers, researchers and preceptors (practitioners) who make up its faculty. Collectively, this group brings a broad range of experiences and perspectives to tju students, and they are recognized for their leadership in nat”

“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. Jefferson college of humanities & sciences ------------------------------------------ the jefferson college of humanities & sciences focuses on human social interactions and relationships, from the individual to regional, national and international institutions. This is where philosopher meets the political scientist, the sociologist meets the community activist, the historian meets the mathematician, the writer meets the physicist-in a place where transdisciplinary collaboration defines our teaching and our research. The faculty of the college of humanities and sciences teach both in its major programs and in the hallmarks program for general education, supporting the education of professionals with awareness of all the national and global issues that impact their professional and personal lives. To thrive in a world that prizes information and those that can use it well, students gain strong communication and presentation skills, and learn to develop, analyze and apply information to address key policy issues at the national and global scale. Hands”

“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 disorders. Jefferson vaccine center: jefferson medical college established the jefferson vaccine center ("jvc") in 2007 with the goal of combining and further enhancing the existing interest and expertise at tju in the area of vaccine research for infectious diseases and cancer. Jvc combines and utilizes research effort in immunology, microbial pathogenesis and tumor immunology. The mission of the jvc is to strengthen the basic and translational research at tju in vaccinology and therapeutics by establishing cutting edge research programs in vaccinomics and building a nationally and internationally known center of excellence. Daniel baugh institute for functional genomics/computational biology: the daniel baugh institute for functional genomics/computational biology, part of tju's department of pathology, anatomy and cell biology, provides an interdisciplinary base for research and education in the rapidly evolving fields of integrative modeling and computational analysis of the dynamics of biological systems. The institute focuses on the development of mammalian systems biology to study the multi-scale regulatory networks in the context of adaptation in central autonomic control circuits, dysfunction of cardio-respiratory regulation, alcoholic liver disease and liver repair, and stem cell differentiation. In order to study intra- and inter-cellular networks, tju employs genomic and other "omic" technologies to acquire datasets suitable for analyses to identify variables and relationships that provide a basis for modeling and simulation of multi-scale system dynamics. Tju develops bioinformatics tools to improve the ability to derive networks, pathways and relationships subserving cellular processes. Tju brings principles of control and systems theory as well as probabilistic/statistical techniques to bear on the analysis of biological processes. Business combinations ===================== effective october 4, 2021, jefferson health and einstein healthcare network finalized a merger of the two health systems which will drive health care forward throughout greater philadelphia. By bringing together two prestigious academic medical centers, the expansion of jefferson health creates an integrated 18-hospital health system focused on providing greater access to high-quality patient care in our communities and delivering outstanding health sciences education to tomorrow's health care professionals. With the addition of einstein, jefferson health will host the largest number of residents and fellows in the greater philadelphia region.”

“JOSEPH G. CACCHIONE, M.D., FACC IS AN OFFICER OF THIS ORGANIZATION. MR. CACCHIONE RECEIVES A FEDERAL FORM W-2 FROM THIS ORGANIZATION. HIS COMMON LAW EMPLOYER/EMPLOYEE RELATIONSHIP IS WITH THOMAS JEFFERSON UNIVERSITY. ACCORDINGLY, THOMAS JEFFERSON UNIVERSITY FILED A 2023 FEDERAL FORM 4720 WHICH INCLUDED A REMITTANCE OF EXCISE TAX RELATED TO HIS COMPENSATION IN EXCESS OF $1M. BRUCE A. MEYER, M.D., MBA, IS A FORMER OFFICER OF THIS ORGANIZATION. DR. MEYER 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 2023 FEDERAL FORM 4720 WHICH INCLUDED A REMITTANCE OF EXCISE TAX RELATED TO HIS COMPENSATION IN EXCESS OF $1M. PETER L. DEANGELIS, JR. is a former OFFICER OF THIS ORGANIZATION. Mr. Deangelis 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 2023 FEDERAL FORM 4720 WHICH INCLUDED A REMITTANCE OF EXCISE TAX RELATED TO HIS COMPENSATION IN EXCESS OF $1M. BALIGH R. YEHIA, M.D. IS THE PRESIDENT OF JEFFERSON HEALTH. DR. YEHIA RECEIVES A FEDERAL FORM W-2 FROM THIS ORGANIZATION. HIS COMMON LAW EMPLOYER/EMPLOYEE RELATIONSHIP IS WITH THOMAS JEFFERSON UNIVERSITY. ACCORDINGLY, THOMAS JEFFERSON UNIVERSITY FILED A 2023 FEDERAL FORM 4720 WHICH INCLUDED A REMITTANCE OF EXCISE TAX RELATED TO HIS COMPENSATION IN EXCESS OF $1M. CRISTINA G. CAVALIERI, ESQ. IS INVOLVED IN THE LEADERSHIP AND MANAGEMENT OF THIS ORGANIZATION ON A FULL-TIME BASIS. MS. CAVALIERI RECEIVES A FEDERAL FORM W-2 FROM THIS ORGANIZATION. HER COMMON LAW EMPLOYER/EMPLOYEE RELATIONSHIP IS WITH THOMAS JEFFERSON UNIVERSITY. ACCORDINGLY, THOMAS JEFFERSON UNIVERSITY FILED A 2023 FEDERAL FORM 4720 WHICH INCLUDED A REMITTANCE OF EXCISE TAX RELATED TO HER COMPENSATION IN EXCESS OF $1M. STEPHEN K. KLASKO, M.D., MBA IS A FORMER OFFICER OF THIS ORGANIZATION. DR. KLASKO 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 2023 FEDERAL FORM 4720 WHICH INCLUDED A REMITTANCE OF EXCISE TAX RELATED TO HIS COMPENSATION IN EXCESS OF $1M. MARK L. TYKOCINSKI, M.D. is a former KEY EMPLOYEE OF THIS ORGANIZATION. DR. TYKOCINSKI 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 2023 FEDERAL FORM 4720 WHICH INCLUDED A REMITTANCE OF EXCISE TAX RELATED TO HIS COMPENSATION IN EXCESS OF $1M. MARK M. WHALEN IS INVOLVED IN THE LEADERSHIP AND MANAGEMENT OF THIS ORGANIZATION ON A FULL-TIME BASIS. MR. WHALEN RECEIVES A FEDERAL FORM W-2 FROM THIS ORGANIZATION. HIS COMMON LAW EMPLOYER/EMPLOYEE RELATIONSHIP IS WITH THOMAS JEFFERSON UNIVERSITY. ACCORDINGLY, THOMAS JEFFERSON UNIVERSITY DID NOT FILE A 2023 FEDERAL FORM 4720 FOR ANY REMITTANCE OF EXCISE TAX RELATED TO HIS COMPENSATION IN EXCESS OF $1M BECAUSE HE WAS NOT A COVERED EMPLOYEE OF THOMAS JEFFERSON UNIVERSITY AND THUS EXEMPT FROM EXCISE TAX AS PROVIDED FOR UNDER INTERNAL REVENUE CODE SECTION 4960. LAURENCE M. MERLIS IS A FORMER KEY EMPLOYEE OF THIS ORGANIZATION. MR. MERLIS 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 2023 FEDERAL FORM 4720 WHICH INCLUDED A REMITTANCE OF EXCISE TAX RELATED TO HIS COMPENSATION IN EXCESS OF $1M. JOHN P. MORDACH IS INVOLVED IN THE LEADERSHIP AND MANAGEMENT OF THIS ORGANIZATION ON A FULL-TIME BASIS. MR. MORDACH RECEIVES A FEDERAL FORM W-2 FROM THIS ORGANIZATION. HIS COMMON LAW EMPLOYER/EMPLOYEE RELATIONSHIP IS WITH THOMAS JEFFERSON UNIVERSITY. ACCORDINGLY, THOMAS JEFFERSON UNIVERSITY DID NOT FILE A 2023 FEDERAL FORM 4720 FOR ANY REMITTANCE OF EXCISE TAX RELATED TO HIS COMPE”

“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 2018d; - montgomery county higher education and health authority series 2019a; - montgomery county higher education and health authority series 2022a; - montgomery county higher education and health authority series 2022b; and - pennsylvania higher educational facilities authority series 2024a. 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, 2024.”

“Other changes in net assets or fund balance include: - net assets released from restrictions - $48,383,654; - change in interest rate swap contracts - $2,450,141; - reclassification of net assets - ($712,862); - net assets released from restriction used for purchase of pp&e - $49,834,939; - change in net pension liability - $40,131,504; - distributions to non-controlling interests - ($14,233,007); - other changes in unrestricted net assets - $6,775,767; - change in value of external trusts (donor restricted) - $3,567,364; - net assets released from restrictions (donor restricted) - ($48,872,412); - change in value of split interest agreements (donor restricted) - $336,391; - reclassification of net assets (donor restricted) - $370,614; and - other changes in net assets (donor restricted) - $182,909.”

“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, 2024 and june 30, 2023; 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 as set forth in the uniform guidance, 2 c.f.r., part 200, subpart f.”

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

“Description:professional services total fees:37115679”

“Description:billing & collection fees total fees:36431727”

“Description:consulting services total fees:29967548”

“Description:contracted services total fees:19835337”

“Description:physician contracted services total fees:362234”

“Description:transcription services total fees:5895”