2017-11-15T10:44:47-06:00 2016-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2016-01-01 131739920 BETH ABRAHAM HEALTH SERVICES BETH 7185194238 1250 WATERS PLACE TOWER 1 NO 602 BRONX NY 10461 DEBRA TIRADO CFO 7185194238 2017-11-14 1 GARRETT M HIGGINS P00543209 9143818900 2017-11-14 65.51.112.58 2017-11-14 20:36:08 ES P C63E204139530C7A73D948D9DBE25A8631A7AD1B C63E204139530C7A73D948D9DBE25A8631A7AD1B 2016 2017-02-10 21:41:12Z DEBRA TIRADO 1250 WATERS PLACE TOWER 1 NO 602 BRONX NY 10461 62970657 0 X WWW.CENTERLIGHT.ORG X 1920 NY THE ORGANIZATION PROVIDES SKILLED NURSING FACILITY SERVICES. 7 6 765 88 0 0 5154263 487728 51023196 58386702 441497 256874 3781128 763196 60400084 59894500 0 0 0 0 33499456 35256514 0 0 0 19914174 24513336 53413630 59769850 6986454 124650 73520302 78592204 54630435 59094279 18889867 19497925 X BETH ABRAHAM HEALTH SERVICES (BETH ABRAHAM) OPERATES A 448 BED SKILLED NURSING FACILITY WHICH SERVES THE NEW YORK CITY METROPOLITAN AREA. SINCE 1920 IT HAS OFFERED THE HIGHEST QUALITY OF SERVICES AND HAS WORKED TO FULFILL ITS MISSION OF CARING FOR THE CHRONICALLY ILL AND DISABLED IN THE COMMUNITY. THE SKILLED NURSING FACILITY'S SERVICES INCLUDE LONG-TERM NURSING CARE, REHABILITATION, AND POSTACUTE CARE SERVICES. 0 0 49543761 58386702 BETH ABRAHAM HEALTH SERVICES PROVIDES HEALTH CARE ON AN INPATIENT BASIS IN ITS 448 BED SKILLED NURSING FACILITY WHICH PROVIDED 156,957 DAYS OF CARE IN 2016. THERE WERE 657 ADMISSIONS AND 660 DISCHARGES DURING THE YEAR. IT SERVES THE CHRONICALLY ILL AND DISABLED AND PROVIDES REHABILITATION AND POSTACUTE SERVICES. SEE PART IX FOR THE STATEMENT OF FUNCTIONAL EXPENSES. 49543761 1 1 0 1 0 0 0 0 1 0 1 1 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 199 0 765 1 0 0 0 0 0 0 0 0 0 0 X 7 6 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X JOHN KEHOE VP OF FINANCE 7182391405 1250 WATERS PLACE TOWER 1 NO 602 BRONX NY 10461 MARVIN FACTOR CHAIRMAN (THRU 10/10/16) 0.50 1.50 X X 0 0 0 MICHAEL R POTACK CHAIRMAN 0.50 7.50 X X 0 0 0 VAUGHN BUFFALO VICE CHAIRMAN (THRU 10/10/16) 0.50 1.50 X X 0 0 0 HARVEY J ISHOFSKY VICE CHAIRMAN 0.50 1.50 X X 0 0 0 ROBERT LEVINE TREASURER (THRU 10/10/16) 0.50 2.50 X X 0 0 0 MARK WEINSTEIN TREASURER 0.50 1.50 X X 0 0 0 MYRON SCHLANGER SECRETARY 0.50 1.50 X X 0 0 0 RUSSELL D FISHER DIRECTOR 0.50 1.50 X 0 0 0 KENNETH ZUCKERBROT DIRECTOR 0.50 1.50 X 0 0 0 ARTHUR PALEVSKY DIRECTOR (THRU 10/10/16) 0.50 1.50 X 0 0 0 WILLIAM BROWN JR DIRECTOR (THRU 10/10/16) 0.50 1.50 X 0 0 0 ERCILIA CARELA DIRECTOR (THRU 10/10/16) 0.50 1.50 X 0 0 0 STEPHEN LOWENSTEIN DIRECTOR (THRU 10/10/16) 0.50 2.00 X 0 0 0 BEVERLY P LYONS DIRECTOR (THRU 10/10/16) 0.50 1.50 X 0 0 0 PAUL G MEDEROS ESQ DIRECTOR (THRU 10/10/16) 0.50 1.50 X 0 0 0 CHARLES OAT DIRECTOR (THRU 10/10/16) 0.50 1.50 X 0 0 0 MARY K SPENGLER DIRECTOR (THRU 10/10/16) 0.50 1.50 X 0 0 0 MICHAEL S FASSLER PRESIDENT/CEO (THRU 03/18/16) 2.50 32.50 X X 33124 430612 29080 BENJAMIN C DUSTER IV PRESIDENT/CEO 2.50 32.50 X X 30727 399447 0 PAUL ROSENFELD EXECUTIVE VP LOG TERM CARE 35.00 0.00 X 805700 0 114352 PAUL GALLESE INTERIM PRESIDENT/CEO (THRU 08/11/16) 2.50 32.50 X 0 0 0 STEPHEN B MANN SR VP-CORP FISCAL SERVICES 1.75 20.75 X 31433 372706 17594 IRA GREEN CFO (THRU 05/31/16) 2.50 32.50 X 79505 1033577 67340 LOUIS LONGO INTERIM CFO (THRU 08/11/16) 2.50 32.50 X 0 0 0 MARY SHINHAM CFO 2.50 32.50 X 30306 393979 28499 MICHAEL MATTEO CHIEF INFORMATION OFFICER 3.00 32.00 X 48867 521248 63342 KAREN EASTMOND CHIEF COMPLIANCE OFFICER 3.00 32.00 X 33103 353097 32099 GLENN COUROUNIS SR VP/ CHIEF HR OFFICER 3.00 32.00 X 39457 420877 32740 RAFFAELE PIEMONTE VP APPLICATIONS & ARCHITECTURE 3.00 32.00 X 27541 293780 40676 NORMAN VESIK VP FACILTITIES MGMT 3.00 32.00 X 20925 223199 35552 1180688 4442522 461274 57 0 1 0 AHS STAFFING INC 377 HOES LANE SUITE 200 PISCATAWAY NJ 08854 STAFFING 886318 CADWALADER WICKERDSHAM & TAFT LP PO BOX 5959 NEW YORK NY 10087 LEGAL SERVICES 792318 US FOODS PO BOX 641871 PITTSBURGH PA 15264 FOOD SERVICES 697628 ZEALOGICS LLC 1200 US HIGHWAY 22 E SUITE 2000 BRIDGEWATER NJ 08807 IT CONSULTING 630112 PHARMASCRIPT LLC 150 PIERCE STREET SOMERSET NJ 08873 PHARMACY SERVICES 587715 44 332197 155531 487728 MEDICAID 623000 48617340 48617340 MEDICARE 623000 4117353 4117353 RENTALS FROM AFFILIATED ORGANIZAT 900099 3048767 3048767 PRIVATE, PATIENT, AND OTHER 623000 2603242 2603242 58386702 271739 271739 3061292 3076157 -14865 -14865 -14865 MEALS REVENUE 900099 600083 600083 CAFETERIA AND FOOD SVCS 900099 80518 80518 MISCELLANEOUS 900099 52881 52881 29714 29714 763196 59894500 58386702 0 1020070 1135439 1041511 93928 531957 446283 85674 24226465 22222354 2004111 1864322 1710098 154224 4897866 4543735 354131 2600465 2392217 208248 174060 174060 2908 2908 65941 65941 4002419 2502654 1499765 43863 10129 33734 558759 393118 165641 112364 112364 1932115 1931764 351 72716 72716 54523 17410 37113 143943 114876 29067 3805046 3616193 188853 559998 431952 128046 RESERVE ON INTERCOMPANY 4500000 4500000 BAD DEBT EXPENSE 2199996 2199996 NYS CASH RECEIPTS ASSES 2192550 2192550 DIETARY EXPENSES 1598375 1579853 18522 2493760 2124352 369408 59769850 49543761 10226089 0 1902222 2461748 10399804 9576551 2827269 38776 12129069 14236726 139327 143875 1953081 810349 106760467 87379494 21589483 19380973 17570150 15109103 5009897 5485891 0 11348212 73520302 78592204 20591080 17540700 55182 13203191 11276984 400610 407400 1166914 446226 19268640 29367787 54630435 59094279 X 14064833 14374511 4825034 5123414 18889867 19497925 73520302 78592204 X 124650 1372205 -888797 X X 0 1 X 1 0 X 1184100 617763 865234 5154263 487728 8309088 355120129 258157960 52077120 51023196 58386702 774765107 356304229 258775723 52942354 56177459 58874430 783074195 0 0 0 783074195 368800 696668 3016096 3701828 271739 8055131 368800 696668 3016096 3701828 271739 8055131 176795 220835 529024 909617 763196 2599467 356849824 259693226 56487474 60788904 59909365 793728793 0.98660 0.98980 0.01010 0.00810 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2014 AMOUNT: $ 10,816. 2015 AMOUNT: $ 9,729. 2016 AMOUNT: $ 7,919. MEALS REVENUE - 2014 AMOUNT: $ 271,308. 2015 AMOUNT: $ 724,367. 2016 AMOUNT: $ 600,083. CAFETERIA AND FOOD SVCS - 2012 AMOUNT: $ 147,693. 2013 AMOUNT: $ 168,906. 2014 AMOUNT: $ 139,235. 2015 AMOUNT: $ 101,758. 2016 AMOUNT: $ 80,518. MISCELLANEOUS - 2012 AMOUNT: $ 17,962. 2013 AMOUNT: $ 38,734. 2014 AMOUNT: $ 107,665. 2015 AMOUNT: $ 73,763. 2016 AMOUNT: $ 52,881. MEDICAL RECORDS - 2016 AMOUNT: $ 18,645. BARBER BEAUTY - 2012 AMOUNT: $ 11,140. 2013 AMOUNT: $ 13,195. 2016 AMOUNT: $ 3,150. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 2908 2908 0 PART II-B, LINE 1: PORTION OF MEMBERSHIP DUES ASSOCIATED WITH LOBBYING ACTIVITES. 0 1 X 1321079 1321079 45113913 31972710 13141203 3493820 3169473 324347 55412757 51310325 4102432 1418898 926986 491912 19380973 PARTNERSHIPS 5485891 F 5485891 DUE FROM RELATED PARTIES 8675222 RESIDENT FUNDS 407400 INSURANCE RECOVERY RECEIVABLE 2265590 11348212 DUE TO THIRD PARTY PAYORS 16065464 DUE TO RELATED PARTIES 8938757 SUPPLEMENTAL RETIREMENT PLAN OBLIGATION 915456 SWAP LIABILITY 170188 ACCRUED PENSION LIABILITY 1012332 PROFESSIONAL AND SIMILAR LIABILITIES 2265590 29367787 X 60368769 1372205 128448 1500653 58868116 65941 960443 1026384 59894500 59703909 0 59703909 65941 65941 59769850 PART IV, LINE 2B: THE ORGANIZATION HOLDS RESIDENTS FUNDS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE RESIDENTS ONCE THEY MOVE OUT OF THE FACILITY. PART X, LINE 2: BAHS RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT BAHS HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. BAHS IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN/LOSS ON SWAP AGREEMENT REPORTED ON PART XI, LINE 9 128,448. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSET REPORTED ON PART XI, LINE 9 960,443. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 564349 0 0 0 0 0 0 564349 0 564349 1 0 1 0 0 0 SCHEDULE F, PART IV, LINE 1: THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 926 BECAUSE IT DOES NOT MEET THE APPLICABLE THRESHOLD OWNERSHIP OR OTHER FILING REQUIREMENTS. 1 1 0 0 0 0 0 1 0 MICHAEL S FASSLER PRESIDENT/CEO (THRU 03/18/16) 20697 269065 0 0 12427 161547 1571 20419 506 6584 35201 457615 0 0 BENJAMIN C DUSTER IV PRESIDENT/CEO 30727 399447 0 0 0 0 0 0 0 0 30727 399447 0 0 PAUL ROSENFELD EXECUTIVE VP LOG TERM CARE 517687 0 236250 0 51763 0 82737 0 31615 0 920052 0 0 0 STEPHEN B MANN SR VP-CORP FISCAL SERVICES 5537 65657 0 0 25896 307049 634 7520 734 8706 32801 388932 0 0 IRA GREEN CFO (THRU 05/31/16) 15222 197890 11207 145693 53076 689994 3853 50095 957 12435 84315 1096107 0 0 MARY SHINHAM CFO 25803 335442 3164 41136 1339 17401 1325 17225 711 9238 32342 420442 0 0 MICHAEL MATTEO CHIEF INFORMATION OFFICER 31285 333702 16170 172480 1412 15066 2264 24147 3166 33765 54297 579160 0 0 KAREN EASTMOND CHIEF COMPLIANCE OFFICER 24803 264562 5314 56686 2986 31849 1860 19840 891 9508 35854 382445 0 0 GLENN COUROUNIS SR VP/ CHIEF HR OFFICER 22313 238009 2786 29714 14358 153154 912 9723 1895 20210 42264 450810 0 0 RAFFAELE PIEMONTE VP APPLICATIONS & ARCHITECTURE 17175 183203 5297 56503 5069 54074 1287 13725 2200 23464 31028 330969 0 0 NORMAN VESIK VP FACILTITIES MGMT 19371 206621 0 0 1554 16578 1376 14676 1671 17829 23972 255704 0 0 PART I, LINE 3 THE SALARIES FOR THE EXECUTIVES ARE DETERMINED BY THE PARENT COMPANY, CENTERLIGHT HEALTH SYSTEM, INC. THE METHODS UTILIZED INCLUDE: A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANTS, COMPARING TO THE FORM 990'S OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS OR STUDIES, AND APPROVAL BY THE COMPENSATION COMMITTEE OF THE BOARD. PART I, LINES 4A-B THE FOLLOWING RECEIVED SEVERANCE IN HIS OR HER 2016 W-2: MICHAEL S. FASSLER, PRESIDENT/CEO - $75,625 IRA GREEN, CFO - $307,754 GLEN COUROUNIS, SR VP/CHIEF HR OFFICER - $150,000 RAFFAELE PIEMONTE, VP APPLICATIONS & ARCHITECTURE - $47,115 MICHAEL FASSLER AND IRA GREEN PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN, BUT THERE WERE NO CONTRIBUTIONS OR DISTRIBUTIONS IN 2016. PART I, LINE 7 INDIVIDUALS LISTED ON PART II WERE AWARDED BONUSES DETERMINED BY THE BOARD AND ARE BASED ON PERFORMANCE. A BUILD NYC RESOURCE CORPORATION 454040561 2014-05-14 14591000 REFUND PRIOR ISSUE (12/23/03) 0 0 0 A 1208000 14591000 252181 2006 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 1 1 1 M&T BANK 100.000000000000 0 0 0 0 0 A 0 SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2014 SINCE THE BOND PROCEEDS HAVE BEEN SPENT, A SPENDING EXCEPTION WAS MET, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS; NO FURTHER REBATE CALCULATIONS ARE NECESSARY. SCHEDULE K, PART II, PROCEEDS, LINE 3 THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. FORM 990, PART VI, SECTION A, LINE 3 IN 2016, CENTERLIGHT HEALTH SYSTEM, INC. AND ITS AFFILIATES DELEGATED MANAGEMENT DUTIES TO BDO USA, LLP. THESE DUTIES INCLUDED MAKING AN INTERIM CEO AND CFO AVAILABLE TO CENTERLIGHT HEALTH SYSTEM, INC. AND ITS AFFILIATES. THE INTERIM CEO AND CFO WERE PAID THROUGH BDO USA, LLP. BDO USA, LLP WAS PAID $1,661,229 IN 2016 FOR THESE SERVICES. FORM 990, PART VI, SECTION A, LINE 6 CENTERLIGHT HEALTH SYSTEM, INC. IS THE SOLE MEMBER OF BETH ABRAHAM HEALTH SERVICES. FORM 990, PART VI, SECTION A, LINE 7A CENTERLIGHT HEALTH SYSTEM, INC. MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE APPROVAL OF THE MEMBER SHALL BE REQUIRED FOR ALL ACTIONS OF THE CORPORATION FOR WHICH MEMBER APPROVAL IS REQUIRED UNDER THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW YORK. WITHOUT LIMITING THE FOREGOING OR ANY OTHER PROVISION OF THESE BYLAWS, THE APPROVAL OF THE MEMBER SHALL BE REQUIRED FOR THE CORPORATION TO: (A) EFFECT A MERGER, CONSOLIDATION, REORGANIZATION, OR SALE OR OTHER DISPOSITION OF THE CORPORATION OR ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS; (B) EFFECT ANY DISSOLUTION, LIQUIDATION OR OTHER WINDING UP OF THE CORPORATION OR THE CESSATION OF ALL OR A SUBSTANTIAL PART OF THE BUSINESS OF THE CORPORATION; (C) AMEND THE CORPORATION'S CERTIFICATE OF INCORPORATION OR BY-LAWS; (D) EFFECT A MATERIAL CHANGE IN THE CORPORATION'S BUSINESS; (E) INCREASE THE NUMBER OF TRUSTEES OR CHANGE THE TERM OF THE TRUSTEES ON THE CORPORATION'S BOARD OF TRUSTEES; (F) CREATE ANY MORTGAGE, PLEDGE OR OTHER SECURITY INTEREST IN ALL SUBSTANTIALLY ALL OF THE ASSETS OR PROPERTY OF THE CORPORATION OTHER THAN IN THE ORDINARY COURSE OF BUSINESS; (G) MAKE ANY GUARANTEE OR BECOME A SPONSOR, OTHER THAN IN THE ORDINARY COURSE OF BUSINESS; OR (H) MAKE ANY CHANGE THAT WOULD RESULT IN THE TRANSFER OF U LTIMATE VOTING CONTROL OF THE CORPORATION TO ANOTHER PERSON OR ENTITY OTHER THAN THE MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE RETURNS ARE BASED ON THE CERTIFIED FINANCIAL STATEMENTS, AS WELL AS INFORMATION PROVIDED IN RESPONSE TO A DETAILED QUESTIONNAIRE WITH ADDITIONAL INFORMATION NOT INCLUDED IN THE FINANCIAL STATEMENTS INCLUDING COMPENSATION AND BENEFITS FOR SENIOR MANAGEMENT, PROCEDURES FOR ESTABLISHING SUCH COMPENSATION, AND GOVERNANCE POLICIES AND PROCEDURES (CONFLICTS OF INTEREST, RECORD RETENTION AND DESTRUCTION, WHISTLEBLOWER). DRAFTS OF THE COMPLETED RETURNS ARE REVIEWED BY THE CFO AND THE CORPORATE VP OF FINANCE. ANY COMMENTS ARISING FROM OUR REVIEW ARE DISCUSSED AND IF REQUIRED, CHANGES ARE MADE TO THE DRAFT. THAT DRAFT WILL BE SUBMITTED TO THE AUDIT COMMITTEE FOR ITS REVIEW AND APPROVAL. ONCE THE AUDIT COMMITTEE HAS COMPLETED ITS REVIEW COPIES OF THE RETURNS WILL BE PROVIDED TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT: NEW BOARD MEMBERS AND EMPLOYEES ARE GIVEN A COPY OF THE RESPECTIVE POLICIES. EACH YEAR ALL EMPLOYEES ARE REMINDED AT THE ANNUAL CORPORATE COMPLIANCE PROGRAM TRAINING OF THE POLICY AND OF THE SANCTIONS ASSOCIATED WITH NON-COMPLIANCE. ANNUALLY, DIRECTORS OF THE BOARD AND ARE ASKED TO REVIEW THE POLICY AND TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY HAVE OCCURRED SINCE THE LAST DISCLOSURE. THE AUDIT COMMITTEE OF THE BOARD REVIEWS THE BOARD AND SENIOR MANAGEMENT DISCLOSURES. PROCEDURES FOR MANAGING IDENTIFIED CONFLICTS: BEFORE THE BOARD OF DIRECTORS TAKES ACTION TO REVIEW OR APPROVE A CONTRACT, TRANSACTION OR COMPENSATION ARRANGEMENT INVOLVING AN ACTUAL CONFLICT OF INTEREST, THE DIRECTOR, OFFICER, OR EMPLOYEE WHO HAS THE POTENTIAL/ACTUAL CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING MUST DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE BOARD OR DESIGNEE (IF APPROPRIATE) WILL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE AND REPORT TO THE BOARD OF DIRECTORS ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. BASED ON THE INFORMATION FURNISHED BY THE DISINTERESTED PERSON OR COMMITTEE, THE BOARD OF DIRECTORS WILL MAKE A DETERMINATION OF WHETHER THE ORGANIZATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR MORE REASONABLE ARRANGEMENTS FROM AN ENTITY OR PERSON THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST IS NOT REASONABLY ATTAINABLE UNDER THE CIRCUMSTANCES, THE BOARD OF DIRECTORS WILL DETERMINE, BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS, WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATIONS' BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE ORGANIZATION. A DIRECTOR WHO HAS A CONFLICT OF INTEREST MAY NOT VOTE ON THE TRANSACTION OR ARRANGEMENT AND MAY NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN, UNLESS THE VOTE IS BY SECRET BALLOT. THE DIRECTORS' INELIGIBILITY TO VOTE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. THE AUDIT COMMITTEE, WHICH SHALL BE COMPOSED SOLELY OF DISINTERESTED DIRECTORS, SHALL ENSURE THAT THESE PROCEDURES ARE COMPLIED WITH, AND RECOMMEND REMOVAL OF THOSE THAT FAIL TO COMPLY WITH THE POLICY. MONITORING: CONTINUOUSLY, THROUGHOUT THE COURSE OF THE YEAR, ALL EMPLOYEES AND DIRECTORS ARE REMINDED OF THE CONFLICTS OF INTEREST POLICIES THROUGH CASES AND CONSEQUENCES DISCUSSIONS OF NON-COMPLIANCE. THIS IS DONE VIA E-MAIL, AT DIRECTORS MEETINGS, AND DURING STEERING COMMITTEE MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: PENSION LIABILITY ADJUSTMENT -56,802. GAIN/LOSS ON SWAP AGREEMENT 128,448. LOSS ON DISPOSAL OF ASSET -960,443. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CENTERLIGHT HEALTH SYSTEM INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 133323765 TO SUPPORT HEALTHCARE SERVICES NY 501(C)(3) LINE 12B, II N/A 0 CENTERLIGHT HEALTHCARE INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 133600807 MANAGED CARE NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 TBM HOUSING DEVELOPMENT FUND COMPANY INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 133227442 HOUSING FOR THE ELDERLY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 BETH ABRAHAM HOUSING DEVELOPMENT FUND COMPANY INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 133067236 HOUSING FOR THE ELDERLY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 PARK HOUSING DEVELOPMENT FUND COMPANY INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 133566484 HOUSING FOR THE ELDERLY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 BEST CHOICE HOME HEALTH CARE INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 133889937 HOME CARE NY 501(C)(3) LINE 12B, II CENTERLIGHT HEALTH SYSTEM INC 0 MVP HOUSING DEVELOPMENT FUND COMPANY INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 133760575 HOUSING FOR THE ELDERLY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 INSTITUTE FOR MUSIC & NEUROLOGIC FUNCTION 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 133874103 MUSIC THERAPY NY 501(C)(3) LINE 12B, II CENTERLIGHT HEALTH SYSTEM INC 0 MARGARET TIETZ NURSING AND REHABILITATION CENTER 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 136266115 SKILLED NURSING FACILITY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 ALL THINGS RELATIVE INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 133482335 MANAGE GERIATRIC CARE OF ELDERLY NY 501(C)(3) PF BETH ABRAHAM HEALTH SERVICES 1 SCHNURMACHER CENTER FOR REHABILITATION 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 133482590 SKILLED NURSING FACILITY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 CENTER FOR NURSING AND REHABILITATION INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 112289702 SKILLED NURSING FACILITY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 BETH ABRAHAM - CNR FOUNDATION INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 113284763 FUNDRAISING NY 501(C)(3) LINE 7 CENTERLIGHT HEALTH SYSTEM INC 0 CENTERLIGHT HEALTHCARE DIAGNOSTIC AND TREATMENT CENTER INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 133631727 DIAGNOSTIC TREATMENT CENTER NY 501(C)(3) LINE 12A, I CENTERLIGHT HEALTHCARE INC 0 CL HEALTHCARE INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 460833951 HOME CARE NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 CENTERLIGHT CERTIFIED HOME HEALTH AGENCY 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 461840894 HOME CARE NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 612 ALLERTON AVENUE CREATIVE ARTS THERAPY PLLC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 460578164 MUSIC THERAPY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 BETH ABRAHAM MANAGEMENT SOLUTIONS 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 134128549 TO MANAGE NURSING FACILITIES UNDER RECEIVERSHIP NY BETH ABRAHAM HEALTH SERVICES C 1.00000 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 1 0 0