New York Queens Charter Ventures Inc.

“The sole voting member of the Corporation shall be NewYork-Presbyterian/Queens, a New York not-for-profit corporation licensed as a hospital pursuant to Article 28 of the New York State Public Health Law, which is exempt from federal income tax under Section 501(a) of the Code as a charitable organization described in Section 501(c)(3) of the Code.”

“NewYork-Presbyterian/Queens the sole member elects the board of directors of the organization.”

“The property, affairs, and business of the corporation shall be managed by its board of directors. The board of directors shall have, and may exercise, all of its powers of the corporation except as limited or conferred upon by the member by law, by the certificate of incorporation of the corporation, or by the by-laws.”

“Finance coordinated and completed all of the information required for form 990 accessing various resources including legal, human resources, development, and other departments as needed. Senior finance executives complete a review of the return in conjunction with Ernst & Young U.S. LLP, paid preparer, prior to submission to the chairman of the Audit and Corporate Compliance Subcommittee of the NYPH System Strategy Committee. The chairman of the Audit and Corporate Compliance Subcommittee of the NYPH System Strategy Committee conducts a detailed review. Upon completion of the audit chairman's review and approval, the 990 is made available to the governing body preceding the filing. New York Queens Charter Ventures, Inc. FILES THE 990 UPON FINAL APPROVAL.”

“New York Queens Charter Ventures, Inc. adheres to a conflict of interest (coi) policy that was approved by the audit and corporate compliance committee of the board of trustees. The policy states in part: "Each Board Member, Officer or Key Person of a New York-Presbyterian Organization shall complete a conflict of interest questionnaire prior to becoming a Board Member, Officer or Key Person of the New York-Presbyterian Organization and annually thereafter." The policy also states that "each Board Member, Officer, or Key Person shall promptly advise the Chief Executive Officer of the New York and Presbyterian Hospital, or his or her designee, of any changes to the information provided in that individual's last completed conflict of interest questionnaire." The Chief Executive Officer of New York-Presbyterian Hospital, or his or her designee, shall review all completed questionnaires and all subsequent advice of changes and shall take such action as is deemed appropriate to eliminate potentials for conflicts of interest, including such steps as reassignment of responsibilities or establishment of protective arrangements. All disclosures of interests in completed questionnaires or subsequent advice, unless clearly irrelevant or immaterial, shall be compiled and reported by management to the Audit and Corporate Compliance Committee, together, in each case, with response or recommendation of management. The Audit and Corporate Compliance Committee shall determine whether the reported resolution of issues raised by the disclosures is satisfactory and, if not, shall require such further action as it deems appropriate.”

“New York Queens Charter Venture, Inc.(the Corporation) has no employees. Certain individuals identified herein as directors and officers of the Corporation are employed and compensated by a related organizations, either The New York Presbyterian Hospital ("the Hospital") or New York Presbyterian/Queens ("the Hospital"). These individuals perform services for the Corporation, and in some cases other related organizations, by arrangement between the respective Hospital and such organization(s). As set forth in Schedule R, the Corporation and the Hospital are related organizations. The organizations Officer's have no influence over the compensation process performed by there respective related organization.”

“External requests for our governing documents, conflict of interest policy, and financial statements are reviewed for validity. These requests are then granted if deemed appropriate.”

“Description:professional fees total fees:66122”