Genesis Healthcare System Group Return

“Genesis healthcare system is the sole member of the organization.”

“Genesis healthcare system, the sole member of the filing organization, has the right to elect or appoint one or more members of the organization's governing body's, whether periodically, or as vacancies arise, or otherwise.”

“Genesis healthcare system, the sole member of the filing organization, has the right to approve or ratify decisions of the organization's governing body such as approval of the governings body's decision to dissolve the organization.”

“The 990 is reviewed in its entirety by the cfo. An overview of the 990 is reviewed with the executive committee as needed.”

“The conflict of interest policy states that board members and officers have a duty to govern honestly and economically. All potential conflicts of interest must be disclosed to the board of directors and the board will determine if a conflict exists and appropriate procedures to mitigate the situation, such as alternative transactions and participation and voting restrictions. The compliance officer monitors and enforces these policies. All officers and directors review and sign a conflict of interest disclosure statement annually.”

“The governing documents, conflict of interest policy, and consolidated financial statements are available to the public upon request.”

“Other fees: program service expenses 76,673. Management and general expenses 40,082. Fundraising expenses 0. Total expenses 116,755.”

“Related party transfers -1,902,810. Net assets released from restriction 819,275.”

“The finance committee oversees the audit of the financial statements and is involved in the selection of the independent accountant which completes the audit. This process has not changed from the prior year.”

“Pursuant to regulation 1.6033-2(d)(5)(ii), genesis healthcare system hereby elects to file its group return on the consolidated basis. Affiliates included in group return: bethesda health foundation ein: 31-0885513 nfp status: 170(b)(1)(a)(iii) careserve ein: 31-1099924 nfp status: 170(b)(1)(a)(iii) good samaritan medical center foundation ein: 31-0969646 nfp status: 170(b)(1)(a)(iii) genesis healthcare foundation ein: 31-1629304 nfp status: 170(b)(1)(a)(iii) bethesda hospitality shop ein:31-6050713 nfp status: 509(a)(3)”

“All organizations included in this return, except for bethesda hospitality shop, genesis healthcare foundation, bethesda health foundation and good samaritan medical center foundation are included in the consolidated financial statements. Genesis healthcare foundation is included in its own audited financial statements. Bethesda hospitality shop, bethesda health foundation and good samaritan medical center foundation are not included in any audited financial statements.”