New York Westchester Square Med Ctr

“On March 22, 2013 New York Westchester Square's assets were sold to Montefiore Medical Center and ceased providing healthcare services.”

“Up until the sale of its assets on March 22, 2014, NYWSMC was a membership corporation, whose members were appointed by New York Presbyterian Healthcare System, Inc. ("System, Inc."). System Inc. is a tax-exempt organization whose members are appointed by New York Presbyterian Foundation, Inc. ("Foundation, Inc."), which is also a tax-exempt organization. The members of the organization elect the organization's board of trustees.”

“The NYWSMC's members elect the medical center's board of directors.”

“the NYWSMC's members approve decisions of the governing body.”

“The 2013 IRS 990 will be reviewed by the CFO along with the bankruptcy council prior to filing.”

“Upon election to be a board member, the member's background is checked for potential or business conflicts. All pre-existing members' backgrounds are verified on an annual basis.”

“The medical center performs compensation studies of comparable job titles within the greater New York metropolitan area.”

“The medical center makes its Form 990 available for public inspection on Guidestar.”

“The medical center makes its governing documents and Conflicts of Interest policy available upon request. The medical center makes its financial statements available on Guidestar.”

“On march 22, 2013 new york westchester square's assets were sold to montefiore medical center and ceased providing healthcare services on that date. The wind-down of the bankruptcy estate continues under the direction of monica terrano (cfo) and bankruptcy counsel (garfunkel wild, p.c.).”