Meridian Health System Assistance Corporation

“Core form, part iii, line 1the organization's mission is to facilitate financings and acquisitions of property by or for the benefit of hackensack meridian health, inc. And its affiliates, including, but not limited to, purchasing property from or for the benefit of, loaning money and leasing property to, and otherwise participating in financial and leasing transactions with hackensack meridian health, and further to construct, acquire, own or manage medical facilities acquired from, or for the benefit of, hackensack meridian health. The organization is a limited special purpose entity created to hold real property and leasehold improvements under a triple net lease with hackensack meridian health realty corporation. The organization's sole purpose is to receive rent and pay bondholders.”

“Core form, part iii, line 4a expenses incurred in carrying out the organization's primary exempt purpose which is to facilitate financings and acquisitions of property by or for the benefit of hackensack meridian health, inc. And its affiliates, including, but not limited to, purchasing property from or for the benefit of, loaning money and leasing property to, and otherwise participating in financial and leasing transactions with hackensack meridian health, and further to construct, acquire, own or manage medical facilities acquired from, or for the benefit of, hackensack meridian health. The organization is a limited special purpose entity created to hold real property and leasehold improvements under a triple net lease with hackensack meridian health realty corporation. The organization's sole purpose is to receive rent and pay bondholders.”

“This organization merged into hackensack meridian health realty corporation ("realty") as of january 1, 2018. Realty is a subsidiary of hackensack meridian health, inc. ("hmh"); a tax-exempt integrated healthcare delivery network. Hmh's finance personnel prepared and reviewed the federal form 990, which was then reviewed by other appropriate internal staff for accuracy. Hmh's board of trustees designated the audit and compliance committee ("acc") to review the form 990 of hmh's subsidiaries. The form 990 was provided to the members of the acc for review. The form 990 was then provided to each voting member of hmh's governing body, its board of trustees, prior to filing with the internal revenue service. The hmh board of trustees has the final governing authority over the subsidiaries of hmh.”

“The organization facilitates financing and acquisitions of property by or for the benefit of hackensack meridian health, inc. And its affiliates, including, but not limited to, purchasing property from or for the benefit of, loaning money and leasing property to, and otherwise participating in financial and leasing transactions with hackensack meridian health, and further construct, acquire, own or manage medical facilities acquired from, or for the benefit of, hackensack meridian health. The organization is a limited special purpose entity created to hold real property and leasehold improvements under a triple net lease with hackensack meridian health realty corporation. The organization's sole purpose is to receive rent and pay bondholders.hackensack meridian health, inc., the tax-exempt parent organization of hackensack meridian health, a tax-exempt integrated health care delivery network, has adopted a network-wide conflict of interest policy which is applicable to all of its subsidiary organizations. The organizations regularly monitor and enforce compliance with the network's conflict of interest policy. Annually, all members of the board of trustees, officers and key employees of each organization are required to review the existing conflict of interest policy and complete a questionnaire with respect to any applicable transactions and relationships. The completed questionnaires are returned to the network's chief compliance officer for review. The chief compliance then prepares a summary of the completed questionnaires, and presents the summary to the network's governance and board development committee for its review, discussion and action (if needed). During the year, the chief compliance officer in conjunction with the general counsel also monitors on-going transactions in light of the summary to ensure that any potential conflicts of interest are appropriately handled in compliance with the policy.”

“Core form, part vi, section b, question 13the organizaiton has no employees. Accordingly, it does not have a need to have a written whistleblower policy. The organization facilitates financing and acquisitions of property by or for the benefit of hackensack meridian health, inc. And its affiliates, including, but not limited to, purchasing property from or for the benefit of, loaning money and leasing property to, and otherwise participating in financial and leasing transactions with hackensack meridian health, and further to construct, acquire, own or manage medical facilities acquired from, or for the benefit of, hackensack meridian health. The organization is a limited special purpose entity created to hold real property and leasehold improvements under a triple net lease with hackensack meridian health realty corporation. The organization's sole purpose is to receive rent and pay bondholders. If the organization does ever have a need to hire employees, an appropriate whistleblower policy will be adopted.”

“The organization has no employees nor does it have a need to have employees. Accordingly, it does not have a need for a compensation review and approval policy and processes. The organization facilitates financing and acquisitions of property by or for the benefit of hackensack meridian health, inc. And its affiliates, including, but not limited to, purchasing property from, or for the benefit of, loaning money and leasing property to, and otherwise participating in financial and leasing transactions with hackensack meridian health, and further to construct, acquire, own or manage medical facilities acquired from, or for the benefit of, hackensack meridian health. The organization is a limited special purpose entity created to hold real property and leasehold improvements under a triple net lease with hackensack meridian health realty corporation. The organization's sole purpose is to receive rent and pay bondholders. If the organization does ever have a need to hire employees, an appropriate compensation review and approval policy and processes that satisfies the elements of the rebuttable presumption of reasonableness will be adopted.”

“The organization is part of hackensack meridian health ("hmh"); a tax-exempt integrated healthcare delivery network. Hmh has issued tax-exempt bonds to finance various capital improvement projects, renovations and equipment. In conjunction with the issuance of these tax-exempt bonds, the organization's financial statements were included with each tax-exempt bond prospectus which was made available to the general public for review. The organization files a certificate of incorporation and any amendments can be obtained and reviewed through the state of new jersey department of the treasury. In addition, hmh makes available to the public via their website, www.hackensackmeridianhealth.org, their code of conduct and conflict of interest policy.”

“Line 9other changes in net assets or fund balances include:- transfer of net assets upon merger - ($100,001).”

“Pricewaterhouse coopers, l.l.p. Audited the consolidated financial statements of hackensack meridian health, inc. For the year ended december 31, 2017, including this organization. Pricewaterhouse coopers, l.l.p. Issued an unqualified opinion with respect to the audited consolidated financial statements. The hackensack meridian health, inc. Compliance and audit committee has assumed responsibility for the oversight of the audit of the consolidated financial statements, which includes this organization, and the selection of an independent auditor.”