FORM 990, PART VI, SECTION A, LINE 3 |
THE TRUSTEES UTILIZE THE MANAGEMENT OF ST. JOSEPH'S MEDICAL CENTER TO ADMINISTER THE DAY-TO-DAY OPERATIONS OF THE ORGANIZATION SO THAT ADDITIONAL ADMINISTRATIVE EXPENSES ARE NOT INCURRED. THE TRUSTEES ALSO UTILIZE THE ST. JOSEPH'S MDEICAL CENTER PUBLIC RELATIONS DEPARTMENT TO CONDUCT THE ANNUAL FUNDRAISING EVENTS WHICH IS THE MAIN SOURCE OF REVENUES FOR THE ORGANIZATION. |
FORM 990, PART VI, SECTION A, LINE 6 |
THE ST. JOSEPH'S HEALTH FUND WAS ORGANIZED AND INCORPORATED IN THE STATE OF NEW YORK UNDER SECTION 402 OF THE NOT-FOR-PROFIT CORPORATION LAW AS A MEMBERSHIP ORGANIZATION. THE ORGANIZATION HAS A SINGLE MEMBER, SJMC, INC., WHICH IS A TAX-EXEMPT ORGANIZATION. |
FORM 990, PART VI, SECTION A, LINE 7A |
THE MEMBERS OF THE BOARD OF TRUSTEES MAY NOMINATE AND ELECT ADDITIONAL MEMBERS SUBJECT TO THE APPROVAL OF THE BOARD. THE SOLE SINGLE MEMBER, SJMC, INC., ELECTS THE GOVERNING BODY OF THE ORGANIZATION. ALL BOARD MEMBERS HAVE EQUAL VOTING RIGHTS. |
FORM 990, PART VI, SECTION A, LINE 7B |
DECISIONS OF THE GOVERNING BODY THAT REQUIRE APPROVAL BY THE PARENT ORGANIZATION, SJMC, INC., INCLUDE DISPOSITION OF SUBSTANTIALLY ALL OF THE ORGANIZATION'S ASSETS, MERGER OR CONSOLIDATION WITH ANOTHER ENTITY OR SYSTEM, DISSOLUTION OF THE ORGANIZATION, AND CHANGE IN THE CHARACTER OF THE OPERATION OF THE ORGANIZATION. |
FORM 990, PART VI, SECTION A, LINE 8B |
THE BOARD OF TRUSTEES HAVE NOT ESTABLISHED COMMITTEES. |
FORM 990, PART VI, SECTION B, LINE 11B |
A DRAFT OF FORM 990 IS PROVIDED TO THE VICE PRESIDENT OF FINANCE FOR REVIEW BY MANAGMENT. UPON DETERMINATION THAT THE DRAFT IS ACCURATE AND PROPERLY PRESENTS THE STATUS OF THE ORGANIZATION, A COPY IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES OF ST. JOSEPH'S HEALTH FUND. COMMENTS AND CHANGES ARE DISCUSSED BY THE BOARD OF TRUSTEES, AND UPON COMPLETION OF THE REVIEW,THE TREASURER IS AUTHORIZED TO SIGN THE FORM 990. |
FORM 990, PART VI, SECTION B, LINE 12C |
OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY. THE VP OF RISK MANAGEMENT ORGANIZES THE COMPLETION OF THE CONFLICT OF INTEREST STATEMENTS. ANY DISCLOSURE MADE BY AN OFFICER OR TRUSTEE SHALL BE REVIEWED BY ST. JOSEPH'S HOSPITAL, YONKERS BOARD OF TRUSTEES. POTENTIAL CONFLICTS MUST BE RESOLVED AND ANY ACTIONS TAKEN MUST BE DOCUMENTED IN THE BOARD MINUTES. ANY DISCLOSURE MADE BY AN EMPLOYEE SHALL BE REVIEWED BY THE CORPORATE COMPLIANCE COMMITTEE. POTENTIAL CONFLICTS MUST BE RESOLVED BY THE COMMITTEE AND REPORTED TO THE BOARD OF TRUSTEES. |
FORM 990, PART VI, SECTION B, LINE 15 |
THE AMOUNT OF COMPENSATION PAID TO THE HOSPITAL'S CEO, OFFICERS OR KEY EMPLOYEES IS REVIEWED PERIODICALLY BY THE COMPENSATION REVIEW COMMITTEE WHICH IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES. THE AMOUNT OF COMPENSATION IS EVALUATED FOR COMPARABILITY WITH OTHER SIMILAR TYPES OF ORGANIZATIONS USING THE GUIDESTAR COMPENSATION REPORT. FINDINGS OF THE COMPENSATION COMMITTEE ARE REPORTED TO THE BOARD OF TRUSTEES AND DOCUMENTED IN THE MINUTES. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT ITS OFFICES AND ARE AVAILABLE UPON REQUEST. IN ADDITION, THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE FROM THE NEW YORK STATE ATTORNEY GENERAL'S BUREAU OF CHARITIES REGISTRATION UPON REQUEST. |
FORM 990, PART X11, LINE 2C, OVERSIGHT OF AUDIT |
THE BOARD OF TRUSTEES HAVE NOT ESTABLISHED AN AUDIT COMMITTEE. THE FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD TREASURER WITH OTHER BOARD MEMBERS PRIOR TO THE ANNUAL BOARD MEETING. A PRESENTATION OF THE FINANCIAL STATEMENTS IS MADE TO THE BOARD FOR OPEN DISCUSSION PRIOR TO FORMAL APPROVAL. THIS PROCESS HAS BEEN CONSISTENTLY FOLLOWED, HAS PROVEN TO BE EFFECTIVE FOR THE ORGANIZATION AND IS NOT EXPECTED TO BE CHANGED. |