2016-11-15T09:23:54-06:00 2015-12-31 WithumSmithBrown PC 465 South St Ste 200 Morristown NJ 079606497 990 2015-01-01 223026263 ST LUKE'S CORNWALL HEALTH SYSTEM FOUNDATION INC % THOMAS J GIBNEY CPA STLU 8455614400 70 DUBOIS STREET NEWBURGH NY 12550 THOMAS J GIBNEY CPA TREASURER; SVP/CFO 8455682881 2016-11-14 true Scott J Mariani P00642486 9738989494 2015 2017-02-10 21:41:12Z JOAN CUSACK-MCGUIRK 70 DUBOIS STREET NEWBURGH NY 12550 782820 false X WWW.STLUKESCORNWALLHOSPITAL.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 17 0 30 0 0 629260 543212 0 0 -1888 124 0 0 627372 543336 156529 293338 0 0 0 0 0 0 155013 375371 376637 531900 669975 95472 -126639 1015581 918035 28912 49529 986669 868506 X 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 441465 293338 0 EXPENSES INCURRED IN FINANCIALLY SUPPORTING THE HEALTHCARE INITIATIVES OF THE ST. LUKE'S CORNWALL HEALTH SYSTEM WHOSE SERVICES BENEFIT THE RESIDENTS OF THE MID-HUDSON VALLEY. 441465 true true false false false false false false false true false false false false true true true false false false false false false false true false false true false true false false false false false false false false true false false false false true false false false true 7 0 true 0 false false false false false true true false false false false X 18 17 false false false false true true true true true false false true true true true true true true true false NY X THOMAS J GIBNEY CPA 8455682881 70 DUBOIS STREET NEWBURGH NY 12550 X JOHN V PELELLA CHAIRMAN - DIRECTOR 1.0 0.0 X 0 0 0 CHARLES WALWYN III SECRETARY - DIRECTOR 1.0 0.0 X 0 0 0 MELLANY BAGTAS DIRECTOR 1.0 0.0 X 0 0 0 JILL CAPPA DIRECTOR - AUXILIARY CHAIR 1.0 0.0 X 0 0 0 FATHER MARK CONNELL DIRECTOR 1.0 0.0 X 0 0 0 FREDERICK W DABROSKI JR DIRECTOR 1.0 0.0 X 0 0 0 TINA DEANGELO DIRECTOR 1.0 0.0 X 0 0 0 JEFFREY DEGEN MD DIRECTOR 1.0 0.0 X 0 0 0 DAVID M HARRISON MD DIRECTOR 1.0 0.0 X 0 0 0 ROBERT HATFIELD DIRECTOR 1.0 0.0 X 0 0 0 ERIC NAJORK ESQ DIRECTOR 1.0 0.0 X 0 0 0 PETER X NEUMAN DIRECTOR 1.0 0.0 X 0 0 0 EILEEN V OSTERBY DIRECTOR 1.0 0.0 X 0 0 0 GIOVANNI PALLADINO DIRECTOR 1.0 0.0 X 0 0 0 JOHN SMITH JR DIRECTOR 1.0 0.0 X 0 0 0 DANIEL C STAFFORD ESQ DIRECTOR 1.0 0.0 X 0 0 0 JENNIFER SWEET DIRECTOR 1.0 0.0 X 0 0 0 WILLIAM D THORPE JR DIRECTOR 1.0 0.0 X 0 0 0 BRENDA HOTALING DIRECTOR (1/1/2015 - 8/21/15) 1.0 0.0 X 0 0 0 ROBERT S ROSS PRESIDENT/CEO (1/1/15-6/6/15) 55.0 0.0 X 0 391618 25340 JOAN CUSACK-MCGUIRK INTERIM PRESIDENT/CEO(6/7/15) 55.0 0.0 X 0 361717 39959 THOMAS J GIBNEY TREASURER; SVP/CFO 55.0 0.0 X 0 358223 39869 TONYA ADDY EXECUTIVE DIRECTOR 55.0 0.0 X 0 152949 36079 0 1264507 141247 0 false true false 0 X 271747 271465 41865 543212 0 124 124 0 0 0 0 0 0 239484 271747 239484 0 0 0 0 543336 0 124 289838 289838 3500 3500 0 0 0 0 0 0 0 0 0 0 20215 7075 13140 0 0 0 0 0 0 20113 3681 4093 12339 0 0 8900 8900 0 0 2683 671 402 1610 0 10094 2523 7571 0 0 0 0 0 ALLOCATION OF PERSONNEL COST 278427 97449 41764 139214 BAD DEBT EXPENSE 26435 26435 0 0 REPAIRS & MAINTENANCE 5767 0 5767 0 OTHER EXPENSES 4003 1393 760 1850 669975 441465 73497 155013 X 182759 232948 505594 505653 327228 179434 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1015581 918035 28912 24364 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 25165 28912 49529 X 369390 235750 126584 142061 490695 490695 986669 868506 1015581 918035 X -126639 8476 X X false true X true false X 982315 1176323 1127229 629260 543212 4458339 0 0 982315 1176323 1127229 629260 543212 4458339 542813 3915526 1691 1041 2005 409 124 5270 0 0 4463609 1344340 0.87721 0.91912 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 495594 59 495653 498513 670 3589 495594 499012 -499 498513 947350 356 448694 499012 1076358 310478 439486 947350 0.01010 0.98990 false false 0 TAX-EXEMPT ORGANIZATION 25165 25165 X 866543 75247 247960 323207 543336 543336 958271 75247 239484 314731 643540 26435 26435 669975 SCHEDULE D, PART V ALL FUNDS SHALL BE INVESTED TO PROVIDE PRESERVATION OF CAPITAL, PROVIDE ADDITIONAL FINANCIAL RESOURCES FOR THE FOUNDATION'S PERPETUAL OPERATION, AND ENHANCE THE FOUNDATION'S FINANCIAL INTEGRITY. THE FOUNDATION'S INVESTMENT DETERMINATIONS ARE GUIDED BY THE FOLLOWING PRIORITIES TO SUPPORT THE ORGANIZATION'S MISSION IN FINANCIALLY SUPPORTING HEALTHCARE INITIATIVES OF THE ST. LUKE'S CORNWALL HEALTH SYSTEM WHOSE SERVICES BENEFIT THE RESIDENTS OF THE MID-HUDSON VALLEY: 1) LIQUIDITY; 2) SAFETY; AND 3) RETURN. SCHEDULE D, PART X AN INDEPENDENT CPA FIRM AUDITED THE FINANCIAL STATEMENTS OF ST. LUKE'S CORNWALL HEALTH SYSTEM FOUNDATION, INC. for the years ended december 31, 2015 and december 31, 2014; respectively. THE FIN 48 (ASC 740) FOOTNOTE BELOW IS FROM THE 2015 AUDITED FINANCIAL STATEMENTS: THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH THE FOUNDATION HAS ADOPTED. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS IN ORDER TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. SCHEDULE D, PART XI; LINE 2D THE FOLLOWING ARE AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART VIII, LINE 12: - SPECIAL EVENT EXPENSES, $239,484; AND - PRESENT VALUE ADJUSTMENT, $8,476. SCHEDULE D, PART XII; LINE 2D THE FOLLOWING ARE AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART IX, LINE 25: - SPECIAL EVENT EXPENSES, $239,484. SCHEDULE D, PART XII; LINE 4B THE FOLLOWING ARE AMOUNTS INCLUDED ON FORM 990, PART IX, LINE 25 BUT NOT ON LINE 1: - BAD DEBT EXPENSE, $26,435. GALA 362624 160394 202230 117316 11000 73914 GOLF 148607 111353 37254 22260 14994 0 511231 271747 239484 139576 11000 88908 239484 true ST LUKE'S CORNWALL HOSPITAL 70 DUBOIS STREET NEWBURGH NY 12550 141340054 501(C)(3) 284492 PROGRAM SUPPORT 1 SCHEDULE I, PART I, LINE 2 GRANTS ARE MONITORED BY THE ORGANIZATION'S FINANCE PERSONNEL THROUGH THE UTILIZATION OF COST CENTERS AND OTHER INFORMATION; INCLUDING WRITTEN DOCUMENTATION AND RECEIPTS. X X X X X false false false false false false false true false ROBERT S ROSS PRESIDENT/CEO (1/1/15-6/6/15) 0 213409 0 114000 0 64209 0 11925 0 13415 0 416958 0 0 JOAN CUSACK-MCGUIRK INTERIM PRESIDENT/CEO(6/7/15) 0 318985 0 36000 0 6732 0 17225 0 22734 0 401676 0 0 THOMAS J GIBNEY TREASURER; SVP/CFO 0 310901 0 45000 0 2322 0 5300 0 34569 0 398092 0 0 TONYA ADDY EXECUTIVE DIRECTOR 0 133548 0 19000 0 401 0 6902 0 29177 0 189028 0 0 SCHEDULE J, PART I; QUESTION 7 THE INDIVIDUALS INCLUDED IN SCHEDULE J, PART II, RECEIVED A BONUS DURING CALENDAR YEAR 2015 WHICH AMOUNTS WERE INCLUDED IN COLUMN B (II) HEREIN AND IN EACH INDIVIDUAL'S 2015 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. PLEASE REFER TO THIS SECTION OF THE FORM 990, SCHEDULE J FOR THIS INFORMATION BY PERSON BY AMOUNT. X CLOTHING,SPORTING EVENTS,JEWLERY,GIFT CARDS, ETC. 71 41865 FMV false true false CORE FORM, PART VI, SECTION A; QUESTION 6 & 7 ST. LUKE'S CORNWALL HEALTH SYSTEM, INC. ("SLCHS") IS THE SOLE MEMBER OF THIS ORGANIZATION. HUDSON VISTA CORPORATION ("HVC") IS THE SOLE MEMBER OF SLCHS. THEREFORE, HVC HAS THE ULTIMATE RIGHT TO ELECT THE MEMBERS OF THIS ORGANIZATION'S BOARD OF DIRECTORS AND HAS CERTAIN RESERVED POWERS AS DEFINED BY THIS ORGANIZATION'S BYLAWS. CORE FORM, PART VI, SECTION B; QUESTION 11B THE ORGANIZATION IS AN AFFILIATE WITHIN ST. LUKE'S CORNWALL HOSPITAL AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"). THIS ORGANIZATION'S FEDERAL FORM 990 WAS PROVIDED TO EACH VOTING MEMBER OF ITS GOVERNING BODY, ITS BOARD OF DIRECTORS, PRIOR TO THE FILING WITH THE INTERNAL REVENUE SERVICE ("IRS"). THE ORGANIZATION'S BOARD OF DIRECTORS HAS BEEN DELEGATED THE RESPONSIBILITY TO OVERSEE AND COORDINATE THE FEDERAL FORM 990 PREPARATION, REVIEW AND FILING PROCESS. AS PART OF THE 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 SYSTEM'S CHIEF FINANCIAL OFFICER, CONTROLLER AND FINANCE PERSONNEL ("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 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 REVIEW, THE FINAL FEDERAL FORM 990 WAS PRESENTED AND PROVIDED TO EACH VOTING MEMBER OF THE ORGANIZATION'S BOARD OF DIRECTORS AT ITS OCTOBER MEETING PRIOR TO THE FILING WITH THE IRS. CORE FORM, PART VI, SECTION B; QUESTION 12 THE ORGANIZATION IS AN AFFILIATE WITHIN ST. LUKE'S CORNWALL HOSPITAL AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"). THE ORGANIZATION AND THE SYSTEM REGULARLY MONITOR AND ENFORCE COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. ANNUALLY ALL MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS/SENIOR MANAGEMENT PERSONNEL, CERTAIN MEDICAL STAFF MEMBERS AND ANYONE RESPONSIBLE FOR MAKING FINANCIAL DECISIONS ARE REQUIRED TO REVIEW THE EXISTING CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE RETURNED TO THE SECRETARY OF THE BOARD OF DIRECTORS. THE BOARD SECRETARY THEREAFTER PROVIDES THE CONFLICT DISCLOSURES TO THE SYSTEM'S COMPLIANCE OFFICER. A SUMMARY OF THE COMPLETED QUESTIONNAIRES WHICH CONTAINS INFORMATION DISCLOSED ON AN INDIVIDUAL BY INDIVIDUAL BASIS IS PREPARED. ANY POTENTIAL CONFLICTS ARE DISCLOSED AND REPORTED TO THE SYSTEM'S PRESIDENT/CEO AND THE ST. LUKE'S CORNWALL HOSPITAL FINANCE COMMITTEE. POTENTIAL CONFLICTS OF INTEREST ARE DISCUSSED AND ANY NECESSARY MITIGATING BEHAVIOR IS TAKEN. Documentation of the existence and resolution of the conflict, including any meeting minutes, IS maintained by the Secretary of the Board. CORE FORM, PART VI, SECTION B; QUESTION 15 THE ORGANIZATION IS AN AFFILIATE WITHIN ST. LUKE'S CORNWALL HOSPITAL AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM") WHICH INCLUDES ST. LUKE'S CORNWALL HOSPITAL ("HOSPITAL"). ANNUALLY THE HOSPITAL'S VICE PRESIDENT OF HUMAN RESOURCES EVALUATES THE COMPENSATION OF ALL EXECUTIVE LEVEL POSITIONS. THE VP OF HUMAN RESOURCES REVIEWS EACH POSITION AND USES PUBLISHED EXTERNAL SALARY SURVEYS TO DETERMINE FAIR AND EQUITABLE SALARIES. POSITIONS ARE EVALUATED AGAINST HOSPITALS WITH SIMILIAR BED SIZES, FULL-TIME EQUIVALENTS AND REVENUE SIZE IN THE NORTHEAST AND GREATER NEW YORK REGION. ADDITIONALLY, THE SYSTEM HIRED AN INDEPENDENT OUTSIDE FIRM TO REVIEW ALL SALARY PACKAGES FOR THE PRESIDENT/CHIEF EXECUTIVE OFFICER, SENIOR VICE PRESIDENT/CHIEF FINANCIAL OFFICER AND OTHER SENIOR MANAGEMENT. THE INDEPENDENT OUTSIDE CONSULTANTS EVALUATE THE SALARIES AGAINST COMPARABLE MARKET DATA FOR COMPARABLE POSITIONS WITHIN THE REGION AND NATIONALLY. RESULTS OF THE ANALYSIS FOR THE PRESIDENT/CHIEF EXECUTIVE OFFICER AND THE SENIOR VICE PRESIDENT/CHIEF FINANCIAL OFFICER ARE SHARED WITH THE HOSPITAL'S COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. CERTAIN OFFICERS OR KEY EMPLOYEES ARE EVALUATED INTERNALLY. COMPENSATION PACKAGES ARE DERIVED USING EXTERNAL COMPARABLE DATA WITHIN THE REGION AND NATIONALLY. ONCE THE COMPENSATION PACKAGE HAS BEEN DETERMINED IT IS REVIEWED BY THE PRESIDENT/CHIEF EXECUTIVE OFFICER AND CERTAIN SENIOR VICE PRESIDENTS FOR APPROVAL. 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 YORK. ADDITIONALLY, THE ORGANIZATION PROVIDES CERTAIN GOVERNING DOCUMENTS, ITS CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. CORE FORM, PART VII AND SCHEDULE J PART VII AND SCHEDULE J REFLECT CERTAIN OFFICERS RECEIVING COMPENSATION AND BENEFITS from a related organization. PLEASE NOTE THIS REMUNERATION WAS FOR SERVICES RENDERED AS FULL-TIME EMPLOYEES OF THE related organization AND NOT FOR SERVICES RENDERED AS AN OFFICER OF THIS ORGANIZATION'S BOARD OF DIRECTORS. CORE FORM, PART VII, SECTION A, COLUMN B THE ORGANIZATION IS AN AFFILIATE WITHIN ST. LUKE'S CORNWALL HOSPITAL AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"). THE SYSTEM INCLUDES BOTH FOR-PROFIT AND NOT FOR-PROFIT ORGANIZATIONS. CERTAIN BOARD OF DIRECTOR MEMBERS OR OFFICERS LISTED ON CORE FORM, PART VII AND SCHEDULE J OF THIS FORM 990 MAY HOLD SIMILAR POSITIONS WITH BOTH THIS ORGANIZATION AND OTHER AFFILIATES WITHIN THE SYSTEM. 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 OTHER RELATED ORGANIZATIONS IN THE SYSTEM, 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 PART VII OF THIS FORM 990, FOR BOARD MEMBERS WHO RECEIVE COMPENSATION FOR SERVICES RENDERED IN A NON-BOARD CAPACITY, PAID OFFICERS, REFLECT TOTAL HOURS WORKED PER WEEK ON BEHALF OF THE SYSTEM; NOT SOLELY THIS ORGANIZATION. CORE FORM, PART XI; QUESTION 9 OTHER CHANGES IN NET ASSETS INCLUDE: - PRESENT VALUE ADJUSTMENT - $8,476. CORE FORM, PART XII; QUESTION 2 AN INDEPENDENT CPA FIRM AUDITED THE FINANCIAL STATEMENTS OF THE TAXPAYER FOR THE YEARS ENDED DECEMBER 31, 2015 AND DECEMBER 31, 2014; RESPECTIVELY, AND ISSUED A CERTIFIED AUDITED FINANCIAL STATEMENT. AN UNQUALIFIED OPINION WAS ISSUED BY THE INDEPENDENT CPA FIRM EACH YEAR. THE ORGANIZATION'S BOARD OF DIRECTORS HAS ASSUMED RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR. ST LUKE'S CORNWALL HOSPITAL 70 DUBOIS STREET NEWBURGH NY 12550 141340054 HEALTHCARE NY 501(C)(3) HOSPITAL HVC false HUDSON VISTA CORPORATION 70 DUBOIS STREET NEWBURGH NY 12550 202286782 HEALTH SVCS. NY 501(C)(3) 509(A)(3) NA false ST LUKE'S CORNWALL HEALTH SYSTEM INC 70 DUBOIS STREET NEWBURGH NY 12550 223026261 HEALTH SVCS. NY 501(C)(3) 509(A)(3) HVC false AMOS F & SARAH L HOLDEN HOME AGED WOMEN 73 GRAND STREET NEWBURGH NY 12550 141365995 HEALTH SVCS. NY 501(C)(3) PF SLCHS false GOLDSMITH D & MARY B JOHNES HOME 11-15 BALMVILLE ROAD NEWBURGH NY 12550 141364666 HEALTH SVCS. NY 501(C)(3) 509(A)(2) SLCHS false HUDSON VISTA PHYSICIANS SERVICES PC 70 DUBOIS STREET NEWBURGH NY 12550 272020746 HEALTH SVCS. NY 501(C)(3) 509(A)(3) SLCH false HUDSON VISTA MEDICAL PC 70 DUBOIS STREET NEWBURGH NY 12550 452526738 HEALTH SVCS. NY 501(C)(3) 509(A)(3) SLCH false SLCH CORPORATION 70 DUBOIS STREET NEWBURGH NY 12550 141765661 INACTIVE NY NA C CORP false SLCH INSURANCE CO LTD 3 GORMAN ROAD 3RD FLOOR HAMILTON BD HM 08 FINANCIAL VEHICLE BD NA C CORP false false true true false false false false false false false false false false true true false false false false SCHEDULE R, PART V THE ORGANIZATION IS AN AFFILIATE WITHIN ST. LUKE'S CORNWALL HOSPITAL AND SUBSIDIARIES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"). ST. LUKE'S CORNWALL HOSPITAL ROUTINELY PAYS EXPENSES FOR VARIOUS AFFILIATES WITHIN THE SYSTEM IN THE ORDINARY COURSE OF BUSINESS. THESE RELATED PARTY TRANSACTIONS ARE RECORDED ON THE REVENUE/EXPENSE AND BALANCE SHEET STATEMENTS OF THIS ORGANIZATION AND ITS AFFILIATES. THESE ENTITIES WORK TOGETHER TO DELIVER HIGH QUALITY HEALTHCARE AND WELLNESS SERVICES TO THE COMMUNITIES IN WHICH THEY ARE SITUATED.