Albert Einstein Healthcare Network

“The form 990 is prepared in connection with albert einstein healthcare network's independent accounting firm, pricewaterhousecoopers llp and is reviewed internally by albert einstein healthcare network's management. The form 990 is then provided to the audit committee of the governing body for review. After review, but prior to filing, the returns are electronically mailed to the governing board. Form 990, part vi, section b policies, line 12c in accordance with organization policy, each member of the board of trustees, all key employees and officers are required annually to complete a comprehensive conflict of interest disclosure for review by the governance committee of the board of trustees and are required to update such disclosures if there are any changes. Any actual or potential conflicts of interest are discussed and resolved in accordance with specific guidelines and reported to the board of trustees. Form 990, part vi, section b policies, line 15a and 15b the board of trustees has delegated the responsibility for compensation review to the compensation committee of the board of trustees. Independent members of the compensation committee review and approve the compensation for the ceo and all other officers and key employees of albert einstein healthcare network. The compensation committee requires that one or more independent compensation experts review the compensation of all such persons to determine that such compensation is appropriate and reasonable and such independent expert uses applicable comparability data. The committee reviews the reports of the independent experts in detail and documents the data reviewed, the deliberation and discussion contemporaneously. Form 990,part vi, section c disclosure, line 19 the organization makes its governing documents, conflict of interest policy, and financial statements available upon request. Form 990, part vii, section a, column b the officers devote their time to all of the organizations within albert einstein healthcare network. As such, the total hours worked by the officers, across all of the organizations, cumulatively represent their full-time employment status.”

“The organization's mission is to support those organizations that have, as its principal purpose, the provision of compassionate, high quality health care in order to elevate the health status of the patients it serves in southeastern pennsylvania, southern new jersey and delaware. The corporation serves these individuals and others with health care programs and services ranging from community health education and preventive medicine to complex and specialized care requiring advanced technology and highly expert staff. The corporation enthusiastically embraces its special responsibility to the most vulnerable residents in its primary service area and to the members of the jewish community. The corporation reflects the values of the jewish community by caring for any person regardless of race, religion, national origin, or the ability to pay. The corporation's educational commitment includes providing health education to the community, and training and educating medical school students, graduate and practicing physicians, and other health care professionals. The corporation also supports clinical research for the purpose of enhancing the quality of patient care and advancing the science of medicine. Form 990, part v, line 2a albert einstein healthcare network does not file forms w2/w3 for its employees. Forms w2/w3 are filed by its common pay master, albert einstein medical center 23-1396794.”

“Other fees for services consulting fees $4,831,627 other fees 2,862,915 collection agency fees 1,317,204 maintenance 2 ,149,546 ============ total $11,161,292”

“The series '09 bonds are owned by albert einstein healthcare network (ein 23-2290323). The debt is recorded on the books of albert einstein healthcare network group (ein 46-5338502).”

“Other changes in net assets or fund balances change in minimum pension liability ($344,000) ========== total ($344,000)”