Nymc - School of Medicine Faculty

“Organization members the members of the organization are appointed and may be removed by the board of new york medical college ("nymc"). The members must all be authorized by law to practice the profession of medicine in the state of new york and must be members of faculty in good standing of the nymc school of medicine or a corporate officer of nymc. The organization is managed by its board of directors. The members of the organization serve as the voting members of the board of directors. The bylaws of the organization may be amended by its members.”

“SEE NARRATIVE ABOVE.”

“SEE NARRATIVE ABOVE.”

“Form 990 review nymc faculty practice's form 990 and supporting schedules are prepared by an independent accounting firm then reviewed by the senior management of nymc, specifically the controller, the vice president and cfo and general counsel and submitted to and reviewed by the audit committee of the board of trustees of nymc. Copies of this return are distributed to the full board of nymc faculty practice before the form is filed with the internal revenue service.”

“Conflict of interest review nymc faculty practice has adopted and follows the conflict of interest policy of its 501(c)(3) tax exempt related entity, nymc. Nymc has two conflict of interest policies, one for the members of the board of trustees and the second is applicable to all full-time faculty and employees of nymc, including those working at nymc faculty practice. Annual disclosure forms are distributed and are required to be submitted by both policies. Compliance with the board of trustees conflict of interest policy is monitored by new york medical college's institutional compliance officer, the audit committee and the board of trustees of nymc. Compliance with the conflict of interest policy applicable to full-time faculty and employees is monitored by the institutional compliance officer and audit committee of new york medical college. Formal conflict management plans are implemented for any actual conflicts of interest. Form 990, part vi, section b, lines 13 and 14 governance policies nymc faculty practice does not have separate governance policies. It has adopted and follows the governance policies of its related entity, nymc. Nymc has governance policies (whistleblower, documentation retention, etc.)”

“Document availability the governing documents and other policies are available upon request.”

“Nymc - school of medicine faculty practice employees: all individuals working for nymc faculty practice are employed and paid by new york medical college ("nymc"), a related 501(c)(3) tax exempt entity. All forms w-2 are issued by nymc. The portion of their salaries allocated to time worked for nymc faculty practice has been properly reported as nymc faculty practice salary expense.”

“Nymc faculty practice does not have any employees. All individuals reported on part vii and schedule j, are compensated by a related tax-exempt organization. In evaluating whether any individuals are key employees the compensation paid by the related organization is considered in applying the compensation thresholds.”

“Nymc - school of medicine faculty practice ("nymc faculty practice") employees: all individuals working for nymc faculty practice are employed and paid by new york medical college ("nymc"), a related 501(c)(3) tax exempt entity. All forms w-2 are issued by nymc. The portion of their salaries allocated to time worked for nymc faculty practice has been properly reported as nymc faculty practice salary expense.”