| CORE FORM, PART VI, SECTION B; QUESTION 11B |
THE ORGANIZATION IS related to SAINT PETER'S HEALTHCARE SYSTEM, INC. ("system") AND SAINT PETER'S UNIVERSITY HOSPITAL ("SPUH"). THE ORGANIZATION'S FEDERAL FORM 990 WAS PROVIDED TO AND REVIEWED BY THE TREASURER OF THE ORGANIZATION PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE ("IRS"). THE ORGANIZATION'S BOARD OF TRUSTEES HAS DELEGATED TO THE TREASURER THE RESPONSIBILITY TO OVERSEE, REVIEW AND APPROVE OF THE FEDERAL FORM 990, INCLUDING THE PREPARATION, REVIEW AND FILING PROCESS. AS PART OF THE ORGANIZATION'S FEDERAL FORM 990 TAX RETURN PREPARATION PROCESS THE ORGANIZATION HIRED A PROFESSIONAL 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 SYSTEM INDIVIDUALS INCLUDING, BUT NOT LIMITED TO, THE CHIEF FINANCIAL OFFICER, CONTROLLER AND OTHER SYSTEM INDIVIDUALS ("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, INCLUDING THOSE INDIVIDUALS OUTLINED ABOVE, FOR REVIEW. THE ORGANIZATION'S INTERNAL WORKING GROUP REVIEWED THE DRAFT FEDERAL FORM 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. FOLLOWING THIS APPROVAL, THE SYSTEM'S AUDIT AND COMPLIANCE COMMITTEE REVIEWED THE FORM 990 AT A REGULARY SCHEDULED MEETING. FINALLY, THE FINAL FEDERAL FORM 990 WAS PROVIDED TO EACH VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING WITH THE IRS. |
| CORE FORM, PART VI, SECTION B; QUESTION 15 |
THE ORGANIZATION IS related to SAINT PETER'S HEALTHCARE SYSTEM, INC. ("system") AND SAINT PETER'S UNIVERSITY HOSPITAL ("SPUH"). THE ORGANIZATION HAS NO PAID OFFICERS OR KEY EMPLOYEES NOR DOES IT HAVE A NEED TO HAVE ANY PAID OFFICERS OR KEY EMPLOYEES. ACCORDINGLY, IT DOES NOT HAVE A NEED FOR A COMPENSATION REVIEW AND APPROVAL POLICY AND PROCESS. IF THE ORGANIZATION DOES EVER HAVE A NEED TO HAVE PAID OFFICERS OR KEY EMPLOYEES, AN APPROPRIATE COMPENSATION REVIEW AND APPROVAL POLICY AND PROCESS THAT SATISFIES THE ELEMENTS OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS WILL BE ADOPTED. THE COMPENSATION FROM RELATED ORGANIZATIONS FOR THE INDIVIDUALS LISTED IN PART VII OF THIS FEDERAL FORM 990 FOLLOW THE SYSTEM AND SPUH POLICIES AND PROCESSES WITH RESPECT TO REVIEW AND APPROVAL OF COMPENSATION. THESE POLICIES AND PROCESSES ENABLE SPUH AND SYSTEM TO SATISFY THE CRITERIA TO RECEIVE THE INTERNAL REVENUE SERVICE REBUTTABLE PRESUMPTION OF REASONABLENESS. |
| CORE FORM, PART VI, SECTION C; QUESTION 19 |
THE ORGANIZATION'S FILED CERTIFICATE OF INCORPORATION AND ANY AMENDMENTS CAN BE OBTAINED AND REVIEWED THROUGH THE STATE OF NEW JERSEY DEPARTMENT OF THE TREASURY. |
| CORE FORM, PART VII AND SCHEDULE J |
PART VII AND SCHEDULE J REFLECT CERTAIN BOARD MEMBERS AND OFFICERS RECEIVING COMPENSATION AND BENEFITS FROM RELATED ORGANIZATIONS. PLEASE NOTE THIS REMUNERATION IS FOR SERVICES RENDERED AS FULL-TIME EMPLOYEES OF THE RELATED ORGANIZATIONS AND NOT FOR SERVICES RENDERED AS A VOTING MEMBER OR OFFICER OF THIS ORGANIZATION'S BOARD OF TRUSTEES. |
| CORE FORM, PART VII, SECTION A, COLUMN B |
THE ORGANIZATION IS related to SAINT PETER'S HEALTHCARE SYSTEM, INC. ("system") AND SAINT PETER'S UNIVERSITY HOSPITAL ("SPUH"). CERTAIN BOARD OF TRUSTEE MEMBERS, OFFICERS AND/OR DIRECTORS LISTED ON CORE FORM, PART VII AND SCHEDULE J OF THIS FORM 990 MAY HOLD SIMILAR POSITIONS WITH BOTH THIS ORGANIZATION AND OTHER RELATED ORGANIZATIONS. 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 TRUSTEES OF OTHER RELATED ORGANIZATIONS, THEIR RESPECTIVE HOURS PER WEEK PER ORGANIZATION ARE APPROXIMATELY THE SAME AS REFLECTED ON PART VII OF THIS FORM 990. THE HOURS REFLECTED ON PART VII OF THIS FORM 990, FOR BOARD MEMBERS WHO RECEIVE COMPENSATION FOR SERVICES RENDERED IN A NON-BOARD CAPACITY, PAID OFFICERS AND KEY EMPLOYEES, REFLECT TOTAL HOURS WORKED PER WEEK ON BEHALF OF ALL RELATED ORGANIZATIONS; NOT SOLELY THIS ORGANIZATION. |
Attach to Form 990 or 990-EZ.