2016-05-16T10:22:40-05:00 2015-06-30 PricewaterhouseCoopers LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2014-07-01 232290323 ALBERT EINSTEIN HEALTHCARE NETWORK % STEVEN NEARING ALBE 2154566760 5501 OLD YORK ROAD PHILADELPHIA PA 19141 BARRY R FREEDMAN CEO 2154566760 2016-05-10 true ERIC M MCNEIL P00460263 2673303000 2014 2016-08-17 19:52:53Z BARRY R FREEDMAN 5501 OLD YORK ROAD PHILADELPHIA PA 19141 121249348 false X www.einstein.edu X 1984 PA see schedule O 27 24 624 0 0 1185600 6070358 110381493 111638465 340529 3145216 387965 395309 112295587 121249348 0 0 0 0 55183699 58631489 0 0 7166352 58206045 54482881 113389744 113114370 -1094157 8134978 128293161 168276889 117245559 151619477 11047602 16657412 X SEE SCHEDULE O false false 105948018 111638465 The Albert Einstein Healthcare Network parent corporation provides health education; health promotion and fundraising activities; conducts health system wide planning; establishes overall goals; and oversees fund management. The entity also provides administrative and general services for which its related member organizations pay a management fee. 105948018 true true false true false false false false false true true true false false true false false true false false false false false false false false false false false true false false false false false false false false true false false false false true true true true false true X 0 0 true 624 true false false false false false false false false false false X 27 24 false false false false false false false true true false false true true true true true true true true true true AL AK AZ AR CA CO CT DC GA IL KS KY ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X STEVEN NEARING 2154566760 5501 OLD YORK ROAD PHILADELPHIA PA 19141 Barry Freedman President and CEO 40.0 0.0 X X 2046660 0 478906 Steven Berk Esq Chairperson 2.0 0.0 X X 0 0 0 Richard C Sheerr Trustee 2.0 0.0 X 0 0 0 Bruce W Koch Vice Chairperson EHS 4.0 0.0 X X 0 0 0 Lewis I Gantman Vice Chairperson EMCM 4.0 0.0 X X 0 0 0 Clifford D Schlesinger Esq Vice Chairperson EPS 4.0 0.0 X X 0 0 0 John E F Corson Vice Chairperson /Secretary 4.0 0.0 X X 0 0 0 Arnold M Katz Vice Chairperson 4.0 0.0 X X 0 0 0 Robert P Krauss Esq Vice Chairperson 4.0 0.0 X X 0 0 0 Matthew S Levitties Treasurer 4.0 0.0 X X 0 0 0 Hank H Simms Trustee 2.0 40.0 X 0 618017 68033 Steven L Sivak Trustee 2.0 40.0 X 0 632624 77385 Mina P Fader Trustee 2.0 0.0 X 0 0 0 Steven M Katz Trustee 2.0 0.0 X 0 0 0 Wayne D Kimmel Esq Trustee 2.0 0.0 X 0 0 0 John P Korman Trustee 2.0 0.0 X 0 0 0 Jay B Minkoff Trustee 2.0 0.0 X 0 0 0 Roy S Neff Trustee 2.0 0.0 X 0 0 0 Lawrence S Reichlin Trustee 2.0 0.0 X 0 0 0 Deborah Feith Tye Trustee 2.0 0.0 X 0 0 0 Jeffrey C Warden Trustee 2.0 0.0 X 0 0 0 Jay L Weinstein Trustee 2.0 0.0 X 0 0 0 Richard A Wolfson Trustee 2.0 0.0 X 0 0 0 Jack F Adler Trustee 2.0 0.0 X 0 0 0 Richard J Braemer Esq Trustee 2.0 0.0 X 0 0 0 Thomas N Perloff Trustee 2.0 0.0 X 0 0 0 Geoffrey M Duffine Esq Trustee 2.0 0.0 X 0 0 0 Susan Kline Klehr Trustee 2.0 0.0 X 0 0 0 Lynne R Kornblatt Chief Human Resource Officer 40.0 0.0 X 452176 0 50221 Mollie Becker Assistant Secretary 40.0 0.0 X 82540 0 24477 David Ertel CFO /Asst Tresurer 40.0 0.0 X 630681 0 46918 Penny Rezet Chief Legal Officer/Asst Sec'y 40.0 0.0 X 513622 0 53433 John Finger Chief Administrative Officer 40.0 0.0 X 511089 0 61058 Kenneth Levitan CIO 40.0 0.0 X 570972 0 47531 Richard Montalbano VP - Project Executive 40.0 0.0 X 391999 0 61154 Beth Duffy COO- EMCM 40.0 0.0 X 698174 0 38324 Gerard Blaney Vice President - Finance 40.0 0.0 X 596822 0 68966 Susan Bernini COO Albert Einstein Med Cntr 40.0 0.0 X 1219656 0 254431 7714391 1250641 1330837 104 false true false Harmelin Media 525 Righeters Ferry Rd BALA CYNWYD PA 19004 Promotional 2341545 STUDER GROUP PO Box 71676 CHICAGO IL 60694 Advisory Services 1024558 Kaufman Hall Associates 8610 Solution Center CHICAGO IL 60677 Advisory Services 786702 Keystone Quality Transport PO Box 2027 MEDIA PA 19063 Transportation Svcs 740239 Healthcare Strategies Inc PO Box 37039 BALTIMORE MD 21297 Advisory Services 555779 42 4754660 1315698 159813 6070358 MANAGEMENT FEE 900099 111569469 111569469 MISCELLANEOUS INCOME 900099 68996 68996 111638465 -445416 -445416 0 0 395309 395309 0 395309 395309 3590632 3590632 3590632 3590632 0 0 0 0 121249348 111638465 3540525 0 0 0 0 4844764 4844764 0 43013858 39324456 3689402 3493017 3493017 4006011 3734267 271744 3273839 3035437 238402 0 1509916 1509916 453600 453600 0 0 69000 69000 11299096 9445984 1853112 7699382 7508117 191265 5109837 4914295 195542 12197348 12132543 64805 0 856943 856943 334192 259616 74576 0 252787 209276 43511 0 0 10905771 10899053 6718 298689 298689 MISCELLANEOUS EXPENSES 1558812 1309490 249322 MEMBERSHIP DUES 1747958 1489401 258557 BOOKS & PERIODICALS 56383 51121 5262 FEES & LICENSES 133167 109033 24134 113114370 105948018 0 7166352 604687 49406207 0 0 6124242 4810014 111935 2080 0 0 0 0 240000 240000 0 0 4444785 2027404 234070753 135135575 95081798 98935178 0 0 19109230 10303248 938483 477337 0 0 1638001 2075421 128293161 168276889 37666444 40765695 0 0 427929 240653 0 0 0 0 0 0 0 0 0 0 79151186 110613129 117245559 151619477 X 11047602 16657412 0 0 0 0 11047602 16657412 128293161 168276889 8134978 -2525168 X false true X true true true X X 2 ALBERT EINSTEIN HEALTHCARE NETWORK GROUP 465338502 3 true 0 0 MONTGOMERY HOSPITAL 231352193 3 true 0 0 2 0 0 false false false false false false false false false false false false false false false false true false X true true Part IV, Section A, Line 1 THE LANGUAGE OF THE ARTICLES STATES THAT THE NETWORK SUPPORTS AEMC, BELMONT, EPPI, AND ECHA AND "OTHER ORGANIZATIONS WHICH QUALIFY UNDER SECTIONS 501(C)(3) AND 509(A)(1) AND (2) OF THE CODE AND WHICH ARE AFFILIATED WITH [AEHN], THE MEDICAL CENTER, BELMONT, EPPI, OR ECHA . . . ." THOSE NOT LISTED ARE: EINSTEIN MEDICAL CENTER MONTGOMERY, FORNANCE PHYSICIAN SERVICES, BROADLINE RRG, AND MONTGOMERY HOSPITAL MEDICAL CENTER. PART IV, SECTION D, LINE 1 AEHN IS THE PARENT OF ITS SUPPORTED ORGANIZATIONS AND ITS PRINCIPAL OFFICER IS ALSO THE PRINCIPAL OFFICER OF THE SUPPORTED ORGANIZATIONS. DUE TO THIS RELATIONSHIP, THE SUPPORTED ORGANIZATIONS ALWAYS HAVE ACCESS TO THE INFORMATION REQUIRED TO BE INCLUDED IN THE ANNUAL NOTICE. Part IV, Section E, Line 3 a The Articles of Incorporation and Bylaws of each of the supported organizations (including those not specifically named in the Network Articles) provide that the Network is the Sole Member and elects the trustees (governing body) of each. Part IV, Section E, Line 3b As the Sole Member of each of the supported organizations the Network retains significant reserved powers over its affiliated organizations including but not limited to strategic decisions, finances, incurrence of debt, clinical programs and activities. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 355316 355316 355316 355316 112759054 1291482328 113114370 1291837644 1000000 1000000 250000 250000 1000000 1000000 1000000 1000000 4000000 6000000 355316 350380 221513 295779 1222988 250000 250000 250000 250000 1000000 1500000 SCHEDULE C, PART II-A - AFFILIATED GROUP The affiliated group is comprised of the Albert Einstein Healthcare Network Group Letter Ruling. EIN: 46-5338502 Group Exemption Number: 5949 Address: 5501 Old York Road Philadelphia, PA 19141. 19109230 17047 8823028 10303249 16575000 2534230 19109230 14643000 1932000 16575000 14465000 178000 14643000 22740000 489000 2266000 11030000 14465000 1.00000 true true true 122000 122000 31698000 27864000 3834000 154974000 107271575 47709000 47276753 47270178 98935178 INSTITUTIONAL INVESTMENTS 10303248 F 10303248 0 DUE TO AFFILIATES 71335943 ADVANCE ON DISPOSITION OF SUBSIDARY 39277186 110613129 SCHEDULE D, PART V, Line 4 ENDOWMENTS - TRUE ENDOWMENT FUNDS ESTABLISHED BY DONOR GIFTS AND MAINTAINED TO PROVIDE A PERMANENT SOURCE OF INCOME, GENERALLY STIPULATING THAT THE PRINCIPAL MUST BE INVESTED AND KEPT IN TACT PERPETUALLY WHILE THE INCOME GENERATED MAY BE USED BY THE ORGANIZATION. PERPETUAL TRUSTS - THESE ARE FUNDS HELD BY OUTSIDE TRUSTEES IN TRUST ACCOUNTS FOR WHICH AEMC IS NAMED AS BENEFICIARY. THE DISTRIBUTIONS FROM THESE FUNDS SUPPORT THE OPERATIONS OF THE ORGANIZATION. TEMPORARILY RESTRICTED FUNDS - USED FOR PURPOSES SPECIFIED BY DONORS. SCHEDULE D, PART X, Line 2 FIN 48 DISCLOSURE NO ADJUSTMENTS TO THE FINANCIAL STATEMENTS WERE REQUIRED AS A RESULT OF THE IMPLEMENTATION OF FIN 48. X false true X X X X X X false true false false false false false true false Kenneth Levitan CIO 339226 0 202523 0 29223 0 18647 0 28884 0 618503 0 0 0 Richard Montalbano VP - Project Executive 348835 0 10523 0 32641 0 49676 0 11478 0 453153 0 0 0 Beth Duffy COO- EMCM 362219 0 300507 0 35448 0 33381 0 4943 0 736498 0 0 0 Gerard Blaney Vice President - Finance 399087 0 148523 0 49212 0 39735 0 29231 0 665788 0 0 0 Susan Bernini COO Albert Einstein Med Cntr 523721 0 110500 0 585435 0 226894 0 27537 0 1474087 0 496618 0 John Finger Chief Administrative Officer 378469 0 99023 0 33597 0 30521 0 30537 0 572147 0 0 0 Lynne R Kornblatt Chief Human Resource Officer 334607 0 81523 0 36046 0 36782 0 13439 0 502397 0 0 0 David Ertel CFO /Asst Tresurer 545369 0 40437 0 44875 0 27579 0 19339 0 677599 0 0 0 Penny Rezet Chief Legal Officer/Asst Sec'y 386496 0 88526 0 38600 0 26102 0 27331 0 567055 0 0 0 Barry Freedman President and CEO 1130692 0 319809 0 596159 0 449999 0 28907 0 2525566 0 586873 0 Hank H Simms Trustee 0 591782 0 12500 0 13735 0 40097 0 27936 0 686050 0 0 Steven L Sivak Trustee 0 603982 0 15000 0 13642 0 47578 0 29807 0 710009 0 0 SCHEDULE J, PART I, LINE 1b Long term disability benefits are provided to certain key employees. These employee's wages are "grossed up" at their individual tax rates to provide the full value of the benefit since this benefit is reflected in their W2s as taxable wages. SCHEDULE J, PART I, LINE 4b Barry Freedman and Susan Bernini participate in a 457 (F) supplemental non qualified retirement plan and received $586,873 and $496,618 respectively, from such plan. SCHEDULE J, PART I, LINE 7 The organization has in place a pay for performance plan where certain executives may earn a percentage of such individual executive's base salary, depending upon whether he or she achieves individual goals set in advance and whether the organization meets a financial performance threshold. The actual payment made depends upon whether all or a portion of the goals have been achieved in the time frame specified. The decision as to whether incentive compensation is awarded to the eligible executives is made by the compensation committee. X 1 159813 FMV false false false FORM 990, PART III, LINE 1 - ORGANIZATIONS'S MISSION THE ORGANIZATION'S MISSION IS TO SUPPORT THOSE ORGANIZATIONS THAT HAVE, AS ITS PRINCIPAL PURPOSE, THE PROVISION OF COMPASSIONATE, HIGH QUALITY HEALTH CARE IN ORDER TO ELEVATE THE HEALTH STATUS OF THE PATIENTS IT SERVES IN SOUTHEASTERN PENNSYLVANIA, SOUTHERN NEW JERSEY AND DELAWARE. THE CORPORATION SERVES THESE INDIVIDUALS AND OTHERS WITH HEALTH CARE PROGRAMS AND SERVICES RANGING FROM COMMUNITY HEALTH EDUCATION AND PREVENTIVE MEDICINE TO COMPLEX AND SPECIALIZED CARE REQUIRING ADVANCED TECHNOLOGY AND HIGHLY EXPERT STAFF. THE CORPORATION ENTHUSIASTICALLY EMBRACES ITS SPECIAL RESPONSIBILITY TO THE MOST VULNERABLE RESIDENTS IN ITS PRIMARY SERVICE AREA AND TO THE MEMBERS OF THE JEWISH COMMUNITY. THE CORPORATION REFLECTS THE VALUES OF THE JEWISH COMMUNITY BY CARING FOR ANY PERSON REGARDLESS OF RACE, RELIGION, NATIONAL ORIGIN, OR THE ABILITY TO PAY. THE CORPORATION'S EDUCATIONAL COMMITMENT INCLUDES PROVIDING HEALTH EDUCATION TO THE COMMUNITY, AND TRAINING AND EDUCATING MEDICAL SCHOOL STUDENTS, GRADUATE AND PRACTICING PHYSICIANS, AND OTHER HEALTH CARE PROFESSIONALS. THE CORPORATION ALSO SUPPORTS CLINICAL RESEARCH FOR THE PURPOSE OF ENHANCING THE QUALITY OF PATIENT CARE AND ADVANCING THE SCIENCE OF MEDICINE. FORM 990, PART V, LINE 2A Albert Einstien Healthcare Network does not file forms W2/W3 for its employees. Form W2/W3 are filed by its common pay master, Albert Einstein Medical Center 23-1396794. FORM 990, PART VI, SECTION B POLICIES, LINE 11B THE FORM 990 IS PREPARED IN CONNECTION WITH ALBERT EINSTEIN HEALTHCARE NETWORK'S INDEPENDENT ACCOUNTING FIRM, PRICEWATERHOUSECOOPERS LLP AND IS REVIEWED INTERNALLY BY ALBERT EINSTEIN HEALTHCARE NETWORK'S MANAGEMENT. THE FORM 990 IS THEN PROVIDED TO THE AUDIT COMMITTEE OF THE GOVERNING BODY FOR REVIEW. AFTER REVIEW, BUT PRIOR TO FILING, THE RETURNS ARE ELECTRONICALLY MAILED TO THE GOVERNING BOARD. FORM 990, PART VI, SECTION B POLICIES, LINE 12C IN ACCORDANCE WITH ORGANIZATION POLICY, EACH MEMBER OF THE BOARD OF TRUSTEES, ALL KEY EMPLOYEES AND OFFICERS ARE REQUIRED ANNUALLY TO COMPLETE A COMPREHENSIVE CONFLICT OF INTEREST DISCLOSURE FOR REVIEW BY THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES AND ARE REQUIRED TO UPDATE SUCH DISCLOSURES IF THERE ARE ANY CHANGES. ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ARE DISCUSSED AND RESOLVED IN ACCORDANCE WITH SPECIFIC GUIDELINES AND REPORTED TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B POLICIES, LINE 15A AND 15B THE BOARD OF TRUSTEES HAS DELEGATED THE RESPONSIBILITY FOR COMPENSATION REVIEW TO THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. INDEPENDENT MEMBERS OF THE COMPENSATION COMMITTEE REVIEW AND APPROVE THE COMPENSATION FOR THE CEO AND ALL OTHER OFFICERS AND KEY EMPLOYEES OF ALBERT EINSTEIN HEALTHCARE NETWORK. THE COMPENSATION COMMITTEE REQUIRES THAT ONE OR MORE INDEPENDENT COMPENSATION EXPERTS REVIEW THE COMPENSATION OF ALL SUCH PERSONS TO DETERMINE THAT SUCH COMPENSATION IS APPROPRIATE AND REASONABLE AND SUCH INDEPENDENT EXPERT USES APPLICABLE COMPARABILITY DATA. THE COMMITTEE REVIEWS THE REPORTS OF THE INDEPENDENT EXPERTS IN DETAIL AND DOCUMENTS THE DATA REVIEWED, THE DELIBERATION AND DISCUSSION CONTEMPORANEOUSLY. FORM 990,PART VI, SECTION C DISCLOSURE, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A, COLUMN B THE OFFICERS DEVOTE THEIR TIME TO ALL OF THE ORGANIZATIONS WITHIN ALBERT EINSTEIN HEALTHCARE NETWORK. AS SUCH, THE TOTAL HOURS WORKED BY THE OFFICERS, ACROSS ALL OF THE ORGANIZATIONS, CUMULATIVELY REPRESENT THEIR FULL-TIME EMPLOYMENT STATUS. FORM 990, PART X, LINE 20 The Series '09 Bonds are owned by Albert Einstein Healthcare Network (EIN 23-2290323). The Debt is recorded on the books of Albert Einstein Healthcare Network Group. (EIN 46-5338502) ALBERT EINSTEIN HEALTHCARE NETWORK GROUP 5501 OLD YORK ROAD PHILADELPHIA PA 19141 465338502 HEALTHCARE PA 501(C)(3) 3 AEHN true GHMC MANAGEMENT INC 5501 OLD YORK ROAD philadelphia PA 19141 232225809 HEALTHCARE PA 501(c)(3) 11A AEHN true MONTGOMERY HOSPITAL 5501 Old York Road Philadelphia PA 19141 231352193 HEALTHCARE PA 501(c)(3) 3 AEHN true MONTGOMERY HEALTH FOUNDATION 5501 Old York Road Philadelphia PA 19141 222456265 Hosp Support PA 501(c)(3) 11B AEHN true FORNANCE PHYSICIAN SERVICES INC 1330 Powell St Ste 509 Norristown PA 19401 232275991 HEALTHCARE PA 501(c)(3) 11A AEHN true MONTGOMERY HOSPITAL WORKERS COMPENSATION 5501 Old York Road Philadelphia PA 19141 232351775 HEALTHCARE PA 501(c)(3) 11A AEHN true BROADLINE RISK RETENTION GROUP 100 Bank St Burlington VT 05401 272583356 INSURANCE VT 501(c)(3) 11A AEHN true EinsteinUSP Surgery Centers LLC 600 W Germantown Pike East Norriton PA 19403 800790232 Medical Servi PA AEHN RELATED -396291 -96498 false false 0.80000 EINSTEIN HEALTHCARE SYSTEMS INC 101 OLNEY AVENUE PHILADELPHIA PA 19120 232314938 HOLDING COMPANY PA AEHN C CORP 0 1490754 1.00000 true REHAB VENTURES INC 1200 W TABOR ROAD PHILADELPHIA PA 19141 232619394 HOLDING COMPANY PA AEHNGROUP C CORP -120046 1681318 1.00000 true CMMC INC 1330 Powell St Suite 308 Norristown PA 19401 232256479 RENTAL PROPERTY PA AEHN C CORP 130263 1490855 1.00000 true false false true true false false false false false true false true false false false false true false false Albert Einstein Healthcare Network Group C 4754659 Cash Albert Einstein Healthcare Network Group L 109804101 Cash Albert Einstein Healthcare Network Group Q 109804101 Cash Albert Einstein Healthcare Network Group J 121259 Cash