Montefiore Cerc Operations Inc.

“The Board of Trustees of Montefiore Medical Center, the parent organization, has the authority to elect and to remove the Trustees of the corporation. Form 990, Part VI, Section A, Line 7B The Board of Trustees of Montefiore Medical Center, the parent organization, has the power to authorize: (i) the amendment and restatement of the Certificate of Incorporation of the Corporation; (ii) the amendment, repeal and restatement of the Bylaws of the Corporation; (iii) the merger or consolidation of the Corporation with any other entity; (iv) the sale, lease, exchange, mortgage, pledge or other disposition of all or substantially all the property and assets of the Corporation; and (v) the voluntary dissolution of the Corporation, and the plan of distribution of assets upon dissolution and the revocation of voluntary dissolution proceedings.”

“The form 990 was prepared by Montefiore Medical Center's Finance Department. The Form 990 was reviewed and approved by Montefiore Medical Center's Vice President-Finance. An independent Public Accounting firm was engaged to review the Form 990. Upon completion of the various reviews, the final form 990 was presented to the Montefiore Cerc Organization's Board of Trustees for final review and approval prior to filing.”

“THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES compliance WITH THE CONFLICT OF INTEREST POLICY BY MEANS OF A SURVEY THAT WAS DEVELOPED BY MONTEFIORE'S COUNSEL. THE MONTEFIORE CERC Operations, Inc. BOARD OF TRUSTEES ADOPTED THE POLICY OF MONTEFIORE MEDICAL CENTER. THE POLICY STIPULATES THAT THE GENERAL APPROACH WHEN A POTENTIAL CONFLICT OF INTEREST ARISES IS TO DISCLOSE THE POSSIBLE CONFLICT TO THE COMPLIANCE OFFICER. THE COMPLIANCE OFFICER WILL MAKE EVERY EFFORT TO PROVIDE GUIDANCE TO PERMIT RESOLUTION OF ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE COMPLIANCE OFFICER WILL TAKE APPROPRIATE ACTIONS, INCLUDING ADVISING MONTEFIORE CERC Operations' BOARD OF TRUSTEES REGARDING PARTICULAR CONFLICT OF INTEREST.”

“The conflict of interest policy, governing documents, and Montefiore Medical Center's audited consolidated Financial Statements, inclusive of Montefiore CERC Operations, Inc., are available on request.”

“All employees are shared by the organization and Montefiore Medical Center, EIN 13-1740114, the Common Paymaster. Montefiore Medical Center issues all Forms W-2s and files all federal employment tax returns relating these employees. Salaries are allocated to the organization based on a pre-determined percent. Form 990, Part VI, Section A, Line 1a The Board membership is down by one member due to the resignation of a trustee in November of 2019. The Board is currently in the process of seeking a replacement. Form 990, Part VI, Section A, Line 6 The sole member of Montefiore Cerc Operations, Inc. is Montefiore Medical Center.”

“As it relates to employee benefits: Montefiore Medical Center is the Common Paymaster for Montefiore CERC Operations, Inc. All payroll taxes and employee benefits are paid by Montefiore Medical Center and allocated back to the organization based on a composite rate of salaries for all benefit costs. The organization's assessment for employee benefits is reflected on line 9, Other Employees Benefits, of Part IX that includes cost for both pension and payroll taxes.”

“An ambulatory care center is not a hospital as defined by the State of New York, therefore Schedule H is not applicable for Montefiore CERC Operations, Inc.”

“http://www.cham.org/programs-centers/children-s-evaluation-and-rehabilitat ion-center”