Penn Gardens Inc

“The organization is an affiliate within st. Luke's university health network ("network"); a tax-exempt integrated healthcare delivery network. The organization's form 990 reflects no top five independent contractors for services and reports that no forms 1099 were filed with the internal revenue service ("irs"). St. Luke's hospital of bethlehem, pennsylvania, a related internal revenue code section 501(c)(3) tax-exempt organization pays all outstanding accounts payable invoices on behalf of this organization. In conjunction with this service, st. Luke's hospital of bethlehem, pennsylvania also prepares and issues forms 1099 to these vendors receiving payments where applicable and files these forms 1099 with the irs. St. Luke's hospital of bethlehem, pennsylvania allocates these payments to the organization via an intercompany account. In addition, this organization's form 990 reflects no compensated individuals from this entity. St. Luke's hospital of bethlehem, pennsylvania issues forms w-2 to individuals who provide services at penn gardens, inc., and files the applicable forms with the internal revenue service. St. Luke's hospital of bethlehem, pennsylvania allocates these payments to this organization via an intercompany account.”

“Wayne a. Mugrauer and karen kern - business relationship.”

“The organization is an affiliate within st. Luke's university health network ("network"); a tax-exempt integrated healthcare delivery network. St. Luke's health network, inc. Serves as the parent organization of the network. St. Luke's health network, inc. And st. Luke's hospital of bethlehem, pennsylvania; both related internal revenue code section 501(c)(3) tax-exempt organizations within the network, provide various corporate related services and/or provide clinical and support personnel to various network entities; including this organization. The services may include, but are not limited to, executive, legal and risk management, compliance and governance, human resources and finance (accounting, payroll, accounts payable) as well as clinical and support personnel. The costs associated with these services are paid for by st. Luke's hospital of bethlehem, pennsylvania; a related internal revenue code section 501(c)(3) tax-exempt organization. St. Luke's hospital of pennsylvania allocates a portion of the costs for these bethlehem, corporate services to various network entities subject to approval by st. Luke's health network. In addition, the st. Luke's health network, inc. Senior management personnel reported on their respective parent form 990 are issued forms w-2 from st. Luke's hospital of bethlehem, pennsylvania.”

“St. Luke's health network, inc. Is the sole member of this organization. St. Luke's health network, inc. Has the right to elect the members of this organization's board of trustees and has certain reserved powers as defined in this organization's bylaws.”

“The organization is an affiliate within st. Luke's university health network ("network"); a tax-exempt integrated healthcare delivery network. St. Luke's health network, inc. Is the tax-exempt parent entity of the network. St. Luke's health network, inc. Board of trustees delegated to the finance committee the responsibility to oversee and coordinate the federal form 990 preparation and filing process for the tax-exempt affiliates of the network. As part of the organization's federal form 990 tax return preparation process the organization 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 network's finance personnel and various other network 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 network's internal working group for their review. The network's 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 network's internal working group for final review and approval. Thereafter, the final federal form 990 was filed with the irs.”

“The organization is an affiliate within st. Luke's university health network ("network"); a tax-exempt integrated healthcare delivery network. St. Luke's health network, inc. Is the tax-exempt parent entity of the network. The network has a written conflict of interest policy and regularly monitors and enforces compliance with that policy. The policy requires that a conflict of interest disclosure form consistent with best governance practices and internal revenue service guidelines be circulated to officers, trustees, board committee members and senior management annually. The network's compliance department, including its corporate compliance officer and senior vice president/general counsel, assume responsibility for the completion of the conflict of interest questionnaires and enforcement with the policy. If a trustee discloses an interest that could give rise to a conflict, the trustee's potential conflict may be disclosed to the organization's governing body, which evaluates the conflict and its potential impact on the trustee's participation on the board. After consultation and discussion the board of trustees may take action, if appropriate and necessary, to address any such conflict in a manner consistent with the network's conflict of interest policy.”

“The organization is an affiliate within st. Luke's university health network ("network"); a tax-exempt integrated healthcare delivery network. St. Luke's health network, inc. Is the tax-exempt parent entity of the network. Compensation review: executive compensation for the network consists of fixed salary, at-risk compensation and other deferred compensation arrangements. Total compensation for network executives is approved annually by the network's board of trustees. The recommended compensation is established through a multi-faceted approach including use of an independent consultant engaged on an ongoing basis by the board of trustees and who works directly with the executive compensation committee of the board. Also included is the review of forms 990 and compensation surveys of other comparable organizations.”

“The organization's filed certificate of incorporation and any amendments can be obtained and reviewed through the commonwealth of pennsylvania. In addition, the organization's conflict of interest policy and audited financial statements are available upon request.”

“Core form, part vii and schedule j reflect certain individuals 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 this organization or a related organization and not for services rendered as a voting member or officer of this organization's board of trustees.”

“Tara j. Koehnlein, cpa, mba is a voting member of this organization's board of trustees; an uncompensated position. Ms. Koehnlein is also a member of penn foundation, inc. Governing body. During the calendar year ended december 31, 2022, she received a federal form w-2 from st. Luke's hospital of bethlehem pennsylvania. Ms. Koehnlein's reportable compensation, retirement/other deferred compensation and non-taxable benefits is reported within core form, part vii and schedule j of the penn foundation, inc. (ein: 23-1496225) federal form 990 for the year ending june 30, 2023. Please refer to the penn foundation, inc. Form 990 for this information. Wayne a. Mugrauer, mpa is an officer of this organization. In addition, mr. Mugrauer serves as the chief executive officer of penn foundation, inc. During the calendar year ended december 31, 2022, he received a federal form w-2 from st. Luke's hospital of bethlehem pennsylvania. Mr. Mugrauer's reportable compensation, retirement/other deferred compensation and non-taxable benefits is reported within core form, part vii and schedule j of the penn foundation, inc. (ein: 23-1496225) federal form 990 for the year ending june 30, 2023. Please refer to the penn foundation, inc. Form 990 for this information. Effective, january 1, 2022, scott r. Wolfe became the senior vice president of finance/chief financial officer of st. Luke's university health network ("network"). He is included within core form, part vii of this form 990 because he served as the top financial official of the network. Mr. Wolfe's reportable compensation, retirement/other deferred compensation and non-taxable benefits are reported within core form, part vii and schedule j of st. Luke's health network, inc. (ein: 23 -2384282) federal form 990 for the year ending june 30, 2023. Please refer to the st. Luke's health network, inc. Form 990 for this information.”

“The organization is an affiliate within st. Luke's university health network ("network"); a tax-exempt integrated healthcare delivery network. Certain board of trustee members 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 network. The hours shown on this form 990 for board members who receive no compensation for services rendered in a non-board capacity, represents 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 within the network, their respective hours per week per organization are approximately the same as reflected on core form, part vii of this form 990. The hours reflected on core form, part vii of this form 990, for individuals who receive compensation for services rendered in a non-board capacity, paid officers, reflect total hours worked per week on behalf of the network; not solely this organization.”

“Other changes in net assets or fund balances include: - goodwill attributable to acquisition - $1,306,297; and - hud withdrawal from residual receipts reserve - ($13,507).”

“The organization is an affiliate within st. Luke's university health network ("network"); a tax-exempt integrated healthcare delivery network. St. Luke's health network, inc. Is the tax-exempt parent entity of the network. An independent cpa firm audited the financial statements of the taxpayer for the year ended december 31, 2022 and issued a financial statement. An unmodified opinion was issued for the year ended december 31, 2022 by the independent cpa firm. The network's finance committee assumes responsibility for oversight of the audit of the network's financial statements and the selection of an independent auditor.”

“The organization is required to follow the audit requirements of title 2 u.s. Code of federal regulations part 200, uniform administrative requirements, cost principles, and audit requirements for federal awards (uniform guidance) which supersedes omb circular a-133.”