Zufall Health Foundation Inc.

“The organization is an affiliate within zufall health center, inc. And its affiliate; a tax-exempt integrated healthcare delivery system ("system"). The organization's form 990 reflects no top five independent contractors for services and reports that no forms 1099 were filed with the internal revenue service ("irs"). Zufall health center, inc.; a related internal revenue code section 501(c)(3) tax-exempt organization pays all outstanding accounts payable invoices on behalf of this organization. In conjunction with this service, zufall health center, inc. Also prepares and issues forms 1099 to these vendors receiving payments where applicable and files these forms 1099 with the irs. Zufall health center, inc. Allocates these payments to the organization via an intercompany account. In addition, this organization's form 990 reflects no compensated individuals from this entity. Zufall health center, inc. Issues forms w-2 to individuals who provide services to this organization and files the applicable forms with the internal revenue service. Zufall health center, inc. Allocates these payments to this organization via an intercompany account.”

“William shuler & eva turbiner, ma - business relationship.”

“Zufall health center, inc. Is the sole member of this organization. Zufall health center, inc. Has the right to elect the members of this organization's board of trustees and has certain reserved powers as defined in this organization's bylaws.”

“The organization is an affiliate within zufall health; a tax-exempt integrated healthcare delivery system ("system"). Zufall health center, inc. Is the tax-exempt parent entity of the system. The organization's federal form 990 was provided to each voting member of the governing body (its board of trustees) prior to filing with the internal revenue service ("irs"). As part of the tax return preparation process the organization hired a professional certified public accounting ("cpa") firm with experience and expertise in both healthcare and not-for-profit tax return preparation to prepare the federal form 990. The cpa firm's tax professionals worked closely with the organization's finance personnel and various other individuals of the organization ("internal working group") to obtain the information needed in order to prepare a complete and accurate tax return. The cpa firm prepared a draft federal form 990 and furnished it to the organization's internal working group for their review. The organization's internal working group reviewed the draft federal from 990 and discussed questions and comments with the cpa firm. Revisions were made to the draft federal form 990 where necessary and a final draft was furnished by the cpa firm to the organization's internal working group for final review and approval prior to providing the federal form 990 to the organization's board of trustees and filing with the irs.”

“The organization is an affiliate within zufall health; a tax-exempt integrated healthcare delivery system ("system"). Zufall health center, inc. Is the tax-exempt parent entity of the system. The system currently has in place a conflict-of-interest policy which it regularly monitors and enforces. The board mandates that all members of management and the governing body annually sign a conflict-of-interest policy and disclose any potential or actual conflicts that may exist. If a potential or actual conflict of interest exists, governing body and management will investigate the issue. If a conflict of interest is determined to exist, management and the governing body will be notified immediately. The member will not be allowed to vote or be a part of any decisions about any such transactions that have to do with the conflict until such time that there is no longer a conflict.”

“The organization is an affiliate within zufall health; a tax-exempt integrated healthcare delivery system ("system"). Zufall health center, inc. Is the tax-exempt parent entity of the system. Compensation at zufall health center takes into consideration the compensation paid for other similar positions in the market place as well as general performance of the employee and the current financial capacity of the organization. Each year the board of trustees conducts a performance review of the president/chief system's executive officer ("ceo") and sets the ceo's salary. When establishing the salary, the board reviews compensation surveys conducted by the new jersey health centers to ensure that the system's ceo's compensation is consistent with state and national benchmarks. Similarly, the ceo takes into account those same compensation surveys as the ceo sets the compensation for certain other officers and key employees.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code upon written request at the organization's office at 18 west blackwell street, dover, nj, 07801. In addition, form 1023 as well as the financial statements, and conflict of interest policy are available upon written request at the organization's office at 18 west blackwell street, dover, nj, 07801.”

“The organization is an affiliate within zufall health; a tax-exempt integrated healthcare delivery system ("system"). Zufall health center, inc. Is the tax-exempt parent entity of the system. Core form, part vii and schedule j, part ii reflects board members/officers of this organization who received compensation and benefits from a related organization. Please note that this remuneration was for services rendered as full-time employees of the related organization and not for services rendered as a voting member/officer of this organization's board of trustees.”

“The organization is an affiliate within zufall health; a tax-exempt integrated healthcare delivery system ("system"). Zufall health center, inc. Is the tax-exempt parent entity of the system. Certain board of trustees members and officers listed on core form, part vii and schedule j of this form 990 may hold similar positions with both this organization and zufall health center, inc. The hours shown on this form 990, for board members who receive no compensation for services rendered in a non-board capacity, represent the estimated hours devoted per week for this organization. To the extent these individuals serve as a member of the board of directors of zufall health center, inc., their respective hours per week per organization are approximately the same as reflected in core form, part vii of this form 990. The hours reflected on core form, part vii of this form 990, for board members who receive compensation for services rendered in a non-board capacity, paid officers, or key employees, reflect total hours worked per week on behalf of the system; not solely this organization.”

“Other changes in net assets: - change in py final net assets: $124,999.”

“An independent cpa firm audited the financial statements of the organization for the year ended december 31, 2024. The independent cpa firm issued an unmodified opinion with respect to the audited financial statements. The organization's finance committee has assumed responsibility for the oversight of the audit of the financial statements, which includes the selection of an independent auditor.”