2021-11-11T19:49:38-06:00 2020-12-31 ERNST & YOUNG US LLP One Manhattan West NEW YORK NY 10001 990 2020-01-01 223026263 ST LUKE'S CORNWALL HEALTH SYSTEM FOUNDATION INC % THOMAS J GIBNEY CPA STLU 8455682881 70 DUBOIS STREET NEWBURGH NY 125504851 Thomas J Gibney CPA Treasurer/SVP,CFO 8455682881 2021-11-05 true Thomas J Gibney CPA 999009999 NICOLE M SOKOLOWSKI P01683199 2127733000 2 2020 2022-09-23 18:48:47Z Joan Cusack-McGuirk 70 DUBOIS STREET NEWBURGH NY 125504851 580276 false X WWW.MONTEFIORESLC.ORG X 1988 NY TO FINANCIALLY SUPPORT HEALTHCARE INITIATIVES OF THE ST. LUKE'S CORNWALL HEALTH SYSTEM WHOSE SERVICES BENEFIT THE RESIDENTS OF THE MID-HUDSON VALLEY. 18 13 3 47 0 0 675950 557656 0 0 545 369 -89742 -116490 586753 441535 306356 459026 0 0 232005 216974 0 0 264586 28519 52435 566880 728435 19873 -286900 1632645 1234634 255986 144875 1376659 1089759 THE MISSION OF ST. LUKE'S CORNWALL HEALTH SYSTEM FOUNDATION, INC. IS TO FINANCIALLY SUPPORT HEALTHCARE INITIATIVES OF THE ST. LUKE'S CORNWALL HEALTH SYSTEM WHOSE SERVICES BENEFIT THE RESIDENTS OF THE MID-HUDSON VALLEY. THE ST. LUKE'S CORNWALL HEALTH SYSTEM FOUNDATION, INC. ACCCOMPLISHES THIS MISSION BY: (1) DIRECTING DEVELOPMENT ACTIVITIES, INCLUDING INVESTMENTS TO SUPPORT CAPITAL NEEDS OF ST. LUKE'S CORNWALL HEALTH SYSTEM AND INNOVATIVE, EFFECTIVE PROGRAMS WHICH IMPROVE COMMUNITY RESIDENT'S ACCESS TO QUALITY HEALTHCARE SERVICES AND INFORMATION; AND (2) PROVIDING ADVOCACY TO ENSURE THE AVAILABILITY OF QUALITY MEDICAL CARE. false false 459026 459026 0 The Foundation provides FINANCIAL SUPPORT for HEALTHCARE INITIATIVES OF ST. LUKE'S CORNWALL Hospital WHOSE SERVICES BENEFITS THE RESIDENTS OF THE MID-HUDSON VALLEY. The Foundation is involved in development activities to support the capital needs of St Luke's Cornwall Hospital, improve community resident's access to quality healthcare services and information and provide advocacy to ensure the availability of quality medical care. 459026 true true false false false false false false false true false false false false true false false true false false false false false false true false false true true true false false false false false false false false false false false false false true true true false false true X 0 0 true 3 true false false false false false false false false false false false false X 18 13 false false false false true true true true true false false true true true true true true false false false NY X THOMAS J GIBNEY CPA 8455682881 70 DUBOIS STREET NEWBURGH NY 125504851 JOAN CUSACK-MCGUIRK PRESIDENT/CEO 1.0 54.0 X X 0 725373 26493 THOMAS J GIBNEY Board Treasurer/SVP & CFO 1.0 54.0 X X 0 492698 54926 Manita Sawhney DO Director 1.0 54.0 X 0 205560 4535 Anne Marie Schoonhoven Exec Director 55.0 0.0 X 102859 0 4732 JILL CAPPA Chair 1.0 0.0 X X 0 0 0 FREDERICK W DABROSKI JR Director 1.0 0.0 X 0 0 0 JEFFREY DEGEN MD DIRECTOR 1.0 0.0 X 0 0 0 ROBERT HATFIELD Vice Chair 1.0 0.0 X X 0 0 0 John H Smith Jr Secretary 1.0 0.0 X X 0 0 0 MARGARET PELELLA DIRECTOR 1.0 0.0 X 0 0 0 Charles Frankel Esq Director 1.0 0.0 X 0 0 0 Michael Kirtio Director 1.0 0.0 X 0 0 0 Mehul P Patel MD Director 1.0 0.0 X 0 0 0 Susan J Paunovic DDS Director 1.0 0.0 X 0 0 0 Jocelyn Calabretta-Canning Director (Elected 1/1/20) 1.0 0.0 X 0 0 0 Eileen V Osterby Director (Elected 1/1/20) 1.0 0.0 X 0 0 0 Debra Stillman Director (Elected 1/1/20) 1.0 0.0 X 0 0 0 Charles Walwyn III Director (term-ended 12/31/20) 1.0 0.0 X 0 0 0 Father Mark Connell Director (Term-ended 12/31/20) 1.0 0.0 X 0 0 0 102859 1423631 90686 1 false true false None 0 238000 10000 309656 557656 0 369 0 0 369 0 0 0 0 0 0 22251 238000 138741 -116490 0 -116490 0 0 0 0 0 0 0 0 0 0 441535 0 0 -116121 X 450526 450526 8500 8500 0 0 107591 0 0 107591 0 72099 0 0 72099 0 37284 0 0 37284 0 0 0 0 0 0 0 1552 0 0 1552 0 8284 0 4823 3461 0 0 0 0 0 511 0 0 511 0 0 0 0 DONOR RECOGNITION 38727 0 0 38727 MISC FUNDRAISING EXPENSES 3361 0 0 3361 728435 459026 4823 264586 0 0 1544141 1179677 70044 54957 0 0 0 0 0 0 0 0 0 0 18460 0 0 0 0 0 0 0 0 0 0 0 0 0 1632645 1234634 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 255986 144875 255986 144875 X 679638 230989 697021 858770 1376659 1089759 1632645 1234634 -286900 X false true X true false X 1725616 1068889 784841 675950 557656 4812952 0 0 1725616 1068889 784841 675950 557656 4812952 1530256 3282696 429 3167 538 545 369 5048 0 0 4818000 503636 0.68134 0.69595 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 490695 490695 490695 490695 498603 7908 490695 495802 2801 498603 495653 149 495802 0.00000 1.00000 0.00000 false false 0 DUE TO AFFILIATES 144875 144875 SCHEDULE D, PART V, Line 4 The FUNDS are INVESTED TO PROVIDE PRESERVATION OF CAPITAL, PROVIDE ADDITIONAL FINANCIAL RESOURCES FOR THE FOUNDATION'S PERPETUAL OPERATION, AND ENHANCE THE FOUNDATION'S FINANCIAL INTEGRITY. Gala 260251 238000 22251 98000 40741 none 0 0 0 0 0 0 0 0 0 0 260251 238000 22251 0 0 0 98000 0 40741 138741 -116490 70 Dubois Street Newburgh NY 125504851 true ST LUKE'S CORNWALL HOSPITAL 70 DUBOIS STREET NEWBURGH NY 12550 141340054 501(C)(3) 450526 PROGRAM SUPPORT 1 0 SCHOLARSHIPS 6 8500 SCHEDULE I, PART I, LINE 2 The Foundation distributes funds to St Luke's Cornwall Hospital for operational support. These GRANTS ARE MONITORED BY THE ORGANIZATION'S finance PERSONNEL and are based on the Foundation's operational activities. false false false false false false false true false JOAN CUSACK-MCGUIRK PRESIDENT/CEO 0 601143 0 103656 0 20574 0 11000 0 15493 0 751866 0 0 THOMAS J GIBNEY Board Treasurer/SVP & CFO 0 438337 0 47126 0 7235 0 13035 0 41891 0 547624 0 0 Manita Sawhney DO Director 0 145546 0 59754 0 260 0 4535 0 0 0 210095 0 0 SCHEDULE J, PART I, line 7 An annual incentive award paid by the organization to an officer was based on management discretion. Form 990, PART V, Line 2A All employees of the organization are paid by St. Luke's Cornwall Hospital, EIN 14-1340054, the common paymaster. St. Luke's Cornwall Hospital issues all Forms W-2 and files all Federal Employment Tax returns relating to these individuals. Salaries are allocated to St. Luke's Cornwall Health System Foundation based on the individuals employed at this organization. Form 990, Part VI, Section A, Lines 6 ST. LUKE'S CORNWALL HEALTH SYSTEM, INC. ("SLCHS") IS THE SOLE MEMBER OF St. Luke's Cornwall Health System Foundation, Inc. Form 990, Part VI, Section A, Line 7A St. Luke's Cornwall Health System, Inc., THE SOLE MEMBER OF St. Luke's Cornwall Health System Foundation, Inc., has THE authority TO appoint and remove the governing board of the Foundation. Form 990, Part VI, Section A, Line 7B St. Luke's Cornwall Health System, Inc., THE SOLE MEMBER OF St. Luke's Cornwall Health System Foundation, Inc., has THE authority TO authorize and approve amendments to the Certificate of Incorporation and Bylaws of the Foundation, authorize and approve any sale, lease, exchange or other disposition of all, or substantially all, the assets of the Foundation and authorize and approve any merger, consolidation or non-judicial dissolution of the Company. Form 990, PART VI, SECTION B, Line 11 The Form 990 was prepared by the Montefiore's tax Department working closely with St. Luke's Finance team and assisted by various departments throughout the Health System. The Form 990 was reviewed and approved by the Vice-President-Finance and the ST. LUKE'S senior leadership including the Chief Financial Officer. In addition, an independent accounting firm was engaged to review the Form 990. Upon completion of the various reviews, the Form 990 was presented to the Foundation's Board of trustees for review and approval prior to filing. FORM 990, PART VI, SECTION B, Line 12c THE ORGANIZATION AND THE SYSTEM REGULARLY MONITORs AND ENFORCEs compliance WITH ITS CONFLICT OF INTEREST POLICY. Any duality of interest or possible conflict of interest on the part of any member of the Board of Directors is required to be disclosed to the other member of the Board of Directors and made a matter of record, either through the annual procedure or when the interest becomes a matter of Board action. Any member of the Board of Directors having a duality of interest or possible conflict of interest on any matter is prohibited from voting or personally influences the Board on the matter. The Foundation has adopted the Conflict of Interest policy of St. Luke's Cornwall Hospital. All officers and Board Members of St. Luke's Cornwall Health System Foundation are required to complete an annual conflict of interest QUESTIONNAIRE, in their capacity as an officer of the Foundation or as a Board Member of the Foundation. Completed QUESTIONNAIRES ARE reviewed by the SECRETARY of THE BOARD OF TRUSTEES and concerns presented by the responses are disclosed to THE SYSTEM'S COMPLIANCE OFFICER. ANY potential CONFLICTS ARE DISCLOSED AND REPORTED TO THE SYSTEM'S president/CEO AND THE Hospital's FINANCE COMMITTEE for discussion and alleviation of the conflict. Documentation of the existence and resolution of the conflict, including any meeting minutes, IS maintained by the Secretary of the Board. FORM 990, PART VI, SECTION B, Line 15 THE ORGANIZATION IS AN AFFILIATE WITHIN Montefiore Health System, Inc., A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"), WHICH INCLUDES ST. LUKE'S CORNWALL HOSPITAL ("HOSPITAL"). The CEO and TREASURER OF the Foundation are employed and compensated by the Hospital. As it related to compensation from the Hospital: The St. Luke's Cornwall Hospital Board of Trustees has charged the Compensation Committee of the Board (which is comprised of independent Board members with no conflicts of interest in regards to executive compensation) with making all decisions related to compensation for the President/CEO and CFO of the hospital that are both Board Members and officers of the Foundation. All decisions made by the Compensation Committee are appropriately and timely documented in meeting minutes. The compensation committee's review process follows the Intermediate Sanctions guidelines for qualifying for the rebuttable presumption of reasonableness. The Committee retains an independent compensation consultant to assist it with this process. Compensation levels are established considering data for comparable organizations, an assessment of management performance (including the services provided to the community), and other business judgment factors, consistent with St. Luke's executive compensation philosophy. The Committee's decisions are made in the best interest of St Luke's, and are intended to ensure the recruitment and retention of key executive talent, consistent with the market practices of other not-for-profit healthcare organizations of comparable scope, mission and complexity. On an annual basis, the Committee provides the full Board of Trustees with a description of the committee's review and approval process and its decisions. All decisions made by the Compensation Committee are appropriately and timely documented in meeting minutes. Form 990, PART VI, SECTION C, line 19 The CONFLICT OF INTEREST POLICY AND governing documents are made available upon request. Form 990, Part IX, Lines 8,9,10 Concerning employee benefits allocation: St. Luke's Cornwall Hospital is the common paymaster for St. Luke's Cornwall Health System Foundation. All payroll taxes and employee benefits are paid by St. Luke's Cornwall Hospital 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. 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NY NA C CORP true WHITE PLAINS MEDICAL DIAGNOSTIC SVCS PC 41 EAST POST ROAD WHITE PLAINS NY 10601 453164626 HEALTHCARE SERV. NY NA C CORP true CANCER AND BLOOD MEDICAL SERVS OF NY PC 41 EAST POST ROAD WHITE PLAINS NY 10601 462021804 HEALTHCARE SERV. NY NA C CORP true DAVIS AVENUE CORP DAVIS AVENUE AT EAST POST ROAD WHITE PLAINS NY 10601 133331643 Property holding NY NA C CORP true WHITE PLAINS MANAGEMENT CO INC 41 EAST POST ROAD WHITE PLAINS NY 10601 133331641 Property holding NY NA C CORP true WPHC BUILDING CORP 41 EAST POST ROAD WHITE PLAINS NY 10601 133676932 Property holding NY NA C CORP true WHITE PLAINS MEDICAL SERVICES PC DAVIS AVENUE AT EAST POST ROAD WHITE PLAINS NY 10601 815369152 HEALTHCARE SERV. NY NA C CORP true WHITE PLAINS PHYSICIAN SERVICES PC DAVIS AVENUE AT EAST POST ROAD WHITE PLAINS NY 10601 815309615 healthcare serv. 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