Thomas Jefferson University Hospitals Inc

“Michael j. Heller & mark l. Alderman, esq. - business relationship.”

“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. Thomas jefferson university ("tju") is an internal revenue code section 501(c)(3) tax-exempt organization and serves as the parent organization of the system. As the parent organization of the system tju provides various corporate related services for the benefit of various system entities; including this organization. These corporate services, include, but are not limited to, executive, legal and risk management, compliance and governance, human resources and finance. Tju allocates a percentage of its total corporate related services costs to various system entities, including this organization, as reimbursement for these corporate related services. The reimbursement to tju is reflected as an expense for these organizations.”

“The organization updated its governing documents to reflect a change in its sole member to Jefferson health Corporation; a related internal revenue code section 501(c)(3) tax-exempt organization.”

“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. Effective with the close of business on June 30, 2024, tjuh system was statutorily merged into Jefferson health Corporation ("JHC") and JHC became the sole member of this organization. Thomas Jefferson University ("TJU") is the sole corporate member of JHC. TJU has the ultimate authority and 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 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 prior to filing with the Internal Revenue Service ("IRS"). As part of the 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 System's finance personnel and various other system 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 Thomas Jefferson University's finance, assurance & compliance committee and the CPA firm made presentation to the committee regarding the System's Forms 990 together with a healthcare industry tax update.”

“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 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 conflict 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 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 organization is committed to ensuring that its executive compensation program adheres to the highest standards of regulatory compliance and best practices in corporate governance. Thomas jefferson university's board of trustees has a compensation and human capital committee ("committee"). The committee has adopted a written executive compensation philosophy which it 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'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 of trustee 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.”

“DIXIEANNE P. JAMES IS A VOTING MEMBER/OFFICER OF THE ORGANIZATION'S GOVERNING BODY; AN UNCOMPENSATED POSITION. MS. JAMES ALSO SERVES AS THE PRESIDENT OF CENTRAL REGION OF THOMAS JEFFERSON UNIVERSITY/JEFFERSON HEALTH. HER COMMON LAW EMPLOYER/EMPLOYEE RELATIONSHIP IS WITH ALBERT EINSTEIN MEDICAL CENTER; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION. ALBERT EINSTEIN MEDICAL CENTER IS INCLUDED IN THE ALBERT EINSTEIN HEALTHCARE NETWORK GROUP LETTER RULING RETURN AS A SUBORDINATE. ACCORDINGLY, HER REPORTABLE COMPENSATION, RETIREMENT/OTHER DEFERRED COMPENSATION AND NON-TAXABLE BENEFITS ARE REPORTED WITHIN CORE FORM, PART VII AND SCHEDULE J OF THE ALBERT EINSTEIN HEALTHCARE NETWORK GROUP LETTER RULING (EIN: 46-5338502) FEDERAL FORM 990. PLEASE REFER TO ALBERT EINSTEIN HEALTHCARE NETWORK GROUP LETTER RULING FORM 990 FOR THIS INFORMATION. CRISTINA G. CAVALIERI, ESQ. IS AN OFFICER OF THIS ORGANIZATION'S GOVERNING BODY; AN UNCOMPENSATED POSITION. MS. CAVALIERI IS EMPLOYED BY AND RECEIVES A FEDERAL FORM W-2 FROM THOMAS JEFFERSON UNIVERSITY; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION. HER COMMON LAW EMPLOYER/EMPLOYEE RELATIONSHIP IS WITH THOMAS JEFFERSON UNIVERSITY. ACCORDINGLY, HER REPORTABLE COMPENSATION, RETIREMENT/OTHER DEFERRED COMPENSATION AND NON-TAXABLE BENEFITS IS REPORTED WITHIN CORE FORM, PART VII AND SCHEDULE J OF THE THOMAS JEFFERSON UNIVERSITY (EIN: 23-1352651) FEDERAL FORM 990. PLEASE REFER TO THE THOMAS JEFFERSON UNIVERSITY FEDERAL FORM 990 FOR THIS INFORMATION. JOHN P. MORDACH IS AN OFFICER OF THIS ORGANIZATION'S GOVERNING BODY; AN UNCOMPENSATED POSITION. MR. MORDACH IS EMPLOYED BY AND RECEIVES A FEDERAL FORM W-2 FROM THOMAS JEFFERSON UNIVERSITY; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION. HIS COMMON LAW EMPLOYER/EMPLOYEE RELATIONSHIP IS WITH THOMAS JEFFERSON UNIVERSITY. ACCORDINGLY, HIS REPORTABLE COMPENSATION, RETIREMENT/OTHER DEFERRED COMPENSATION AND NON-TAXABLE BENEFITS IS REPORTED WITHIN CORE FORM, PART VII AND SCHEDULE J OF THE THOMAS JEFFERSON UNIVERSITY (EIN: 23-1352651) FEDERAL FORM 990. PLEASE REFER TO THE THOMAS JEFFERSON UNIVERSITY FEDERAL FORM 990 FOR THIS INFORMATION. PETER L. DEANGELIS, JR. is a former OFFICER OF THIS ORGANIZATION. MR. DEANGELIS'S REPORTABLE COMPENSATION, RETIREMENT/OTHER DEFERRED COMPENSATION AND NON-TAXABLE BENEFITS IS REPORTED WITHIN CORE FORM, PART VII AND SCHEDULE J OF THE THOMAS JEFFERSON UNIVERSITY (EIN: 23-1352651) FEDERAL FORM 990. PLEASE REFER TO THE THOMAS JEFFERSON UNIVERSITY FEDERAL FORM 990 FOR THIS INFORMATION. BRIAN SWEENEY, RN, MBA, FACHE, A FORMER KEY EMPLOYEE OF THIS ORGANIZATION. MR. SWEENEY ALSO SERVES AS THE PRESIDENT OF NORTH REGION OF THOMAS JEFFERSON UNIVERSITY/JEFFERSON HEALTH. MR. SWEENEY RECEIVES A FEDERAL FORM W-2 FROM THOMAS JEFFERSON UNIVERSITY AND THOMAS JEFFERSON UNIVERSITY HOSPITALS, INC.; RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATIONS. HIS COMMON LAW EMPLOYER/EMPLOYEE RELATIONSHIP IS WITH ABINGTON MEMORIAL HOSPITAL. ACCORDINGLY, HIS REPORTABLE COMPENSATION, RETIREMENT/OTHER DEFERRED COMPENSATION AND NON-TAXABLE BENEFITS ARE REPORTED WITHIN CORE FORM, PART VII AND SCHEDULE J OF THE ABINGTON MEMORIAL HOSPITAL (EIN: 23-1352152) FEDERAL FORM 990. PLEASE REFER TO THE ABINGTON MEMORIAL HOSPITAL FEDERAL FORM 990 FOR THIS INFORMATION.”

“The organization is 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's parent entity is thomas jefferson university ("tju"). 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.”

“The organization is recognized by the internal revenue service ("irs") as a tax-exempt organization under internal revenue code section 501(c)(3) and is also an affiliate of thomas jefferson university ("tju"). Tju is also recognized as a tax-exempt organization under internal revenue code section 501(c)(3) and is the tax-exempt parent organization of tju/jefferson health; a comprehensive professional university and tax-exempt integrated healthcare delivery system ("system"), with a tripartite mission of education, research and patient care. Jefferson health, in partnership with tju, is dedicated to discovering new treatments and therapies that will define the future of clinical care; providing exceptional primary through complex quaternary care to patients in the communities we serve throughout the delaware valley; and educating tomorrow's professionals through transdisciplinary and experiential learning designed for new and emerging fields for the 21st century. Tju has more than 42,000 employees and is the second largest employer in philadelphia. Jefferson health includes 17 hospitals, 3,867 licensed beds, 5,963 credentialed physicians and 9,600 nurses. Jefferson health's outpatient and community-based services are delivered through a network of owned and affiliated physician practices, satellite medical and surgical centers, outpatient laboratories and radiology centers. Jefferson health includes over 160 outpatient and urgent care locations, 3 magnet designations, 2 pathways to excellence designations, and the nci-designated sidney kimmel cancer center. Tju recently opened the honickman center in downtown philadelphia; a twenty-story advanced technology facility for various medical services for the community. The system's hospitals' conformance with irs revenue ruling 69-545 the wholly owned hospitals in the system are recognized by the irs as internal revenue code section 501(c)(3) tax-exempt organizations. Pursuant to its charitable purposes, each of these hospitals provide medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, gender identity, sexual orientation, national origin, or ability to pay. Moreover, our hospitals operate consistently with the following criteria outlined in irs revenue ruling 69-545: 1. Providing medically necessary healthcare services to all individuals regardless of ability to pay, including charity care, self-pay, medicare, and medicaid patients. 2. Operating active emergency departments for all persons that are open 24 hours a day, 7 days a week, 365 days per year. 3. Maintaining open medical staffs, with privileges available to all qualified physicians. 4. Control positioned with hospital board of trustees and the board of trustees of tju, and all the boards are comprised of independent civic leaders and other prominent members of the represented communities; and 5. Using surplus funds to improve the quality of patient care, expand and renovate facilities/equipment and advance and improve medical care, programs and activities through patient care and medical training, education, and research. The operations of our wholly owned hospitals as shown through the factors outlined above and other information contained herein, clearly demonstrate the provision of substantial community benefit; both collectively and individually; and that the use and control of the respective hospital facilities are for the benefit of the public and that no part of the income or net earnings of any of the hospital organizations inures to the benefit of any private individual, nor is any private interest being served other than incidentally. Tju hospitals collectively provide substantial community benefit for fiscal years ended june 30, 2024 and 2023; the tju wholly owned tax-exempt hospitals provided a total of approximately $754 million and $813 million of combined net community benefit costs as defined by the irs and reflected in their respe”

“Tjuh by the numbers ------------------- tjuh - including both tjuh and jefferson hospital for neurosciences (for fiscal year 2024) - 716 licensed beds (632 at tjuh and 84 at jefferson hospital for neurosciences) - 28,869 total discharges - 11,343 inpatient surgeries - 88,149 emergency department visits jefferson methodist hospital (for fiscal year 2024) - 168 licensed beds - 6,808 total discharges - 1,727 inpatient surgeries - 33,073 emergency department visits awards & honors --------------- healthgrades is a longstanding leader in making information on physicians and hospitals more accessible and transparent. They provide consumers with information about clinical outcomes, satisfaction, safety and health conditions. Healthgrades named thomas jefferson university hospital, and jefferson methodist hospital as among the best hospitals in pennsylvania. Philadelphia magazine named approximately 600 tjuh physicians among the region's best by castle connolly and have also featured tjuh physicians in previous issues of philadelphia magazine's top doctors. As an academic medical center, thomas jefferson university hospitals stands out among the nation's best hospitals as ranked by u.s. News & world report. Tjuh ranked nationally in seven specialties: ophthalmology; orthopedics; ear, nose & throat; neurology and neurosurgery; urology; gastroenterology and gi surgery; and pulmonology & lung surgery. In addition, thomas jefferson university hospital also continues to rank highly in the list of top hospitals in pennsylvania (2nd) and the philadelphia metro area (2nd). Jefferson health - center city hospitals are magnet-designated for nursing excellence; less than 10 percent of hospitals nationwide are magnet designated. Additionally, thomas jefferson university hospital has received a 4/5-star rating from medicare, based on how the hospital performs across different areas of quality, such as treating heart attacks and pneumonia, readmission rates and safety of care. Several clinical programs have also been recognized for outstanding performance and outcomes. The sidney kimmel comprehensive cancer center, is one of only 57 comprehensive-designated national cancer institute (nci) centers. The center has also received accreditation from the american college of surgeons national accreditation program for breast centers (napbc) and has excellent outcomes in bone marrow and stem cell transplantation. The tjuh transplant institute achieved a 5/5 rating from the scientific registry of transplant recipients for one-year liver patient survival transplantation outcomes and is among the top 8 in the country. The kidney and pancreas transplant programs received a 4/5 rating - also placing them among the top-rated programs in the region for transplant outcomes. The united network for organ sharing (unos) has designated jefferson as a kidney transplant center for both living and deceased donor kidneys. The transplant institute is also part of the american society of transplantation's the living donor circle of excellence program that recognizes organizations with policies to support the wages of a living donor employee who donates a kidney, or a part of their liver. The vickie & jack farber institute for neuroscience is nationally renowned for expertise in treating brain tumors, spinal cord injuries, aneurysms and arteriovenous malformations. Jefferson health's stroke programs recently received the get with the guidelines-stroke gold-plus quality achievement award for consistent compliance with quality measures outlined by the american heart association/american stroke association for the diagnosis and treatment of stroke. It also received the association's target: stroke honor roll which recognizes hospitals that achieve improved stroke outcomes through reduced time to treatment with iv thrombolytic (clot buster). The vicki and jack farber institute for neuroscience is also home to the frances & joseph weinberg research unit within the jefferson weinb”

“Community support, activities and programs ------------------------------------------ jefferson collaborative for health equity (j-che) addresses the complex issues related to health inequities facing our communities by aligning resources, building trusted and sustainable partnerships that create and drive sustainable change by: - building on community strengths to improve health and well-being - fostering the local ecosystems necessary to promote health equity - partnering with well-established community organizations as collaborators - deploying an asset- based approach to improve health and wellbeing in the community - integrating health and social need infrastructure by cultivating community assets in support of community health screening, health education, resource navigation and community capacity building. Highlighted below are a number of signature programs that are a part of the collaborative: - in late september 2021, jefferson and novartis us marked the collaboration and formal launch of closing the gap. Closing the gap addresses upstream social determinants of health that contribute to adverse cardiovascular health disparities in philadelphia region. This community-based initiative integrates health and social need infrastructure by cultivating community assets in support of community health screening, resource navigation and community capacity building. - better together at home, a partnership with habitat for humanity philadelphia, repairs structural and/or safety concerns that prevent homeowners with chronic conditions from storing, preparing, heating, and/or eating meals. In addition to providing the necessary renovations, the program provides homeowners with health education and chronic disease management support around hypertension and diabetes through classes and chw support. Through this program we have successfully rehabilitated 14 homes, fostering an environment where program participants can safely store and prepare food within their residences. Currently progressing towards the rehabilitation of 11 more homes, slated to reach our targeted milestone of 25 homes by december 2024 throughout 12 zip codes in the philadelphia area. - jefferson aims to build the capacity of community partners to address key health and well-being priorities in the communities. Through lindy family catalyst grants program, community-based organizations are provided funding and capacity-building support to deepen their community impact, strengthen their sustainability, and expand their services. Sixteen (16) cbos have been granted funding to enhance their capacity in addressing vital health priorities identified through the chna, including mental health, trauma, housing, built environment, and youth mentorship. - the community health worker academy (chwa) is foundational to the collaborative's work. The goal of the chwa is to improve the health of vulnerable community members by strengthening and expanding the community health worker workforce. We use a multipronged approach to combat health inequities, providing career opportunities for philadelphians wishing to enter the healthcare field and creating a bridge between the community and jefferson's healthcare system. The cwa successfully graduated 10 out of 12 recruited community health workers (chws) from the inaugural cohort, all of whom obtained state certification. Nine out of the ten chws were retained and are currently employed by jefferson, while the remaining chw secured employment in a similar role with the state. We launched the second cohort of the chw academy as of may 2024, with the recruitment and onboarding of 15 new community members. The collaborative offers evidence-based health education programming to community members in the form of diabetes prevention, diabetes self-management, hypertension management, nutrition counseling, and resource navigation support from community health workers. The jefferson collaborative for health equity collaborates with the other”

“- serving people who experience 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 also donated lab and pharmaceutical services. - health literacy training: jefferson participates in a grant-funded partnership with health care improvement foundation (hcif) to facilitate a regional coalition of hospitals and community members to improve written and oral communication with patients. This partnership helped to facilitate the initiation of the pa state health literacy coalition. Through this collaboration with hcif, the health literacy needs of refugee/immigrant communities were assessed in partnership with community-based organizations serving these communities. - jefferson's community health worker ("chw") program aims to transform the way community members engage with healthcare providers and the way healthcare providers engage with the community. Jefferson-trained chws meet the unique medical and social needs of the patients and the communities they serve. Jefferson trained chws provide social determinants of health screenings while helping them navigate complex healthcare and social service systems. Jefferson has also engaged in a variety of community building activities to improve the community's health and safety by addressing poverty, food insecurity, homelessness, workforce development, built environment and substance abuse. Community building activities are also focused on providing opportunities for youth to explore careers in healthcare through health awareness education, mentoring and internships. Volunteers ---------- members of our community returned to tjuh to volunteer and these individuals contributed to serve the healthcare needs of their neighbors. Tjuh has dedicated itself to the community by providing a department responsible for the community health needs assessments, implementation plans, community benefit initiatives, health education, screenings, faith community network, cpr training center, and a chronic disease management program. In addition, tjuh provides clinics to serve those in need including primary care and specialty clinics geographically located within the service area.”

“CHARLES J. YEO, M.D., FACS IS A VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY; AN UNCOMPENSATED POSITION. DR. YEO IS AN EMPLOYED PHYSICIAN WHO PROVIDES LICENSED MEDICAL SERVICES, AS WELL AS NON-CLINICAL SERVICES. HE RECEIVES A FEDERAL FORM W-2 FROM THOMAS JEFFERSON UNIVERSITY; 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 WAS NOT REQUIRED TO FILE A 2023 FEDERAL FORM 4720 FOR ANY REMITTANCE OF EXCISE TAX RELATED TO DR. YEO BECAUSE THE PORTION OF HIS 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. RICHARD J. WEBSTER, RN, MSN is a former officer of this organization. Mr. Webster received a federal form W-2 from Thomas Jefferson University Hospitals, Inc. His common law employer/employee relationship was with Thomas Jefferson University Hospitals, Inc. Accordingly, Thomas Jefferson University Hospitals, Inc. filed a 2023 Federal Form 4720 which included a remittance of excise tax related to Mr. Webster's compensation in excess of $1M. DIXIEANNE P. JAMES IS AN OFFICER/voting member OF THE ORGANIZATION'S GOVERNING BODY; AN UNCOMPENSATED POSITION. MS. JAMES ALSO SERVES AS THE PRESIDENT OF CENTRAL REGION OF THOMAS JEFFERSON UNIVERSITY/JEFFERSON HEALTH. SHE RECEIVES A FEDERAL FORM W-2 FROM THOMAS JEFFERSON UNIVERSITY AND ALBERT EINSTEIN MEDICAL CENTER; RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATIONS. HER COMMON LAW EMPLOYER/EMPLOYEE RELATIONSHIP IS WITH ALBERT EINSTEIN MEDICAL CENTER. ACCORDINGLY, ALBERT EINSTEIN MEDICAL CENTER DID NOT FILE A 2023 FEDERAL FORM 4720 FOR ANY REMITTANCE OF EXCISE TAX RELATED TO HER COMPENSATION IN EXCESS OF $1M BECAUSE SHE WAS NOT A COVERED EMPLOYEE OF ALBERT EINSTEIN MEDICAL CENTER AND THUS EXEMPT FROM EXCISE TAX AS PROVIDED FOR UNDER INTERNAL REVENUE CODE SECTION 4960. CRISTINA G. CAVALIERI, ESQ. IS AN OFFICER OF THIS ORGANIZATION'S GOVERNING BODY; AN UNCOMPENSATED POSITION. MS. CAVALIERI IS EMPLOYED BY AND RECEIVES A FEDERAL FORM W-2 FROM THOMAS JEFFERSON UNIVERSITY; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT 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. JOHN P. MORDACH IS AN OFFICER OF THIS ORGANIZATION'S GOVERNING BODY; AN UNCOMPENSATED POSITION. MR. MORDACH IS EMPLOYED BY AND RECEIVES A FEDERAL FORM W-2 FROM THOMAS JEFFERSON UNIVERSITY; 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 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. PETER L. DEANGELIS, JR. is a former OFFICER OF THIS ORGANIZATION. Mr. Deangelis RECEIVED A FEDERAL FORM W-2 FROM THOMAS JEFFERSON UNIVERSITY; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT 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. Brian Sweeney, RN, MBA, FACHE is a former Key Employee OF THIS ORGANIZATION. MR. SWEENEY ALSO SERVES AS THE PRESIDENT OF NORTH REGION OF THOMAS JEFFERSON UNIVERSITY/JEFFERSON HEALTH. MR. SWEENEY RECEIVES A FEDERAL FORM W-2 FROM THOMAS JEFFERSON UNIVERSITY AND THOMAS JEFFERSON UNIVERSITY HOSPITALS, INC.; RELATED INTERNAL REVENUE CO”

“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 RESTRICTION - $6,075,399; - DISTRIBUTIONS TO NON-CONTROLLING INTERESTS - ($6,233,959); - OTHER CHANGES IN NET ASSETS - ($12,067); - NET ASSETS RELEASED FROM RESTRICTION (DONOR RESTRICTED) - ($54,624,482); - CHANGE IN NET ASSETS HELD BY AFFILIATED FOUNDATIONS (DONOR RESTRICTED) - $814,956; - CHANGE IN VALUE OF EXTERNAL TRUSTS (DONOR RESTRICTED) - $216,275; - TRANSFER OF OWNERSHIP IN jefferson acute care physicians, LLC; A SINGLE-MEMBER LLC, to jefferson medical group; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION - ($3,912,828); AND - TRANSFER OF NET ASSETS FROM TJUH SYSTEM; AN INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION - $87,803,971.”

“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's parent entity is thomas jefferson university ("tju"). 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. Thomas jefferson university'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 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 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. This organization was included in the system wide uniform guidance audit.”