2015-11-09T08:49:13-06:00 2014-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2014-01-01 133874103 INSTITUTE FOR MUSIC AND NEUROLOGIC FUNCTION INST 7185194238 1250 WATERS PLACE TOWER 1 NO 602 BRONX NY 10461 IRA GREEN SR VP/CFO 7185194238 2015-10-28 1 AARON SHAPIRO P01333816 2128674000 2014 2016-03-07 17:11:31Z IRA GREEN 1250 WATERS PLACE TOWER 1 NO 602 BRONX NY 10461 895761 0 X WWW.IMNF.ORG X 1995 NY TO SOLICIT FUNDS TO PROMOTE THE THERAPEUTIC EFFECTS OF MUSIC ON NEUROLOGIC FUNCTION. 28 26 17 40 0 0 255989 258247 581500 574000 0 0 38419 36004 875908 868251 0 0 0 0 702796 669706 0 0 34651 194057 160521 896853 830227 -20945 38024 108488 81454 1333995 1268937 -1225507 -1187483 X IN 1995, THE INSTITUTE FOR MUSIC AND NEUROLOGIC FUNCTION (IMNF) WAS CREATED WITH DR. OLIVER SACK'S HELP TO SPARK GREATER COLLABORATIONS AMONG MUSIC THERAPISTS AND NEUROSCIENTISTS AROUND THE WORLD. THE IMNF, THE ONLY ONE OF ITS KIND IN THE UNITED STATES, IS EXPANDING THERAPEUTIC MODALITIES FOR TREATING PATIENTS WITH STROKES AND OTHER NEUROLOGICAL CONDITIONS. IMNF USES MUSIC THERAPY TO ASSIST THOSE WITH MEMORY DEFICITS, MOTOR REHABILITATION NEEDS, AND SPEECH THERAPY. IT IS ALSO A MAJOR TRAINING CENTER FOR MUSIC THERAPISTS AND A RESOURCE FOR NEW COLLABORATIONS IN MUSIC-BRAIN RESEARCH. 0 0 665245 574000 MUSIC THERAPY TO ASSIST THOSE WITH MEMORY DEFICITS, MOTOR REHABILITATION NEEDS, AND SPEECH THERAPY. AS WELL AS A MAJOR TRAINING CENTER FOR MUSIC THERAPISTS AND A RESOURCE FOR NEW COLLABORATIONS IN MUSIC-BRAIN RESEARCH. DURING THE YEAR ENDING DECEMBER 31, 2014, 2,300 PATIENTS WERE TREATED. 665245 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 16 0 17 1 0 0 0 0 0 1 1 0 0 0 0 X 28 26 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X IRA GREEN SR VPCFO 7185194238 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 CONCETTA M TOMAINO EXECUTIVE DIRECTOR 35.00 X X 173240 0 35420 MICHAEL S FASSLER CEO/PRESIDENT 0.30 34.70 X X 7424 913159 324360 JUSTIN GINSBERG TREASURER 0.50 X X 0 0 0 EDWIN H STERN III CHAIRMAN EMERITUS 0.50 5.00 X X 0 0 0 JAY STARK CHAIRMAN 0.50 X X 0 0 0 ROBIN STRONGIN DIRECTOR 0.50 X 0 0 0 JOHN ABELES DIRECTOR 0.50 X 0 0 0 CHARLES F BUTLER MD PHD DIRECTOR 0.50 X 0 0 0 CLIFFORD P CASE III DIRECTOR 0.50 X 0 0 0 TOM CALDERONE DIRECTOR 0.50 X 0 0 0 KEVIN TWITCHELL DIRECTOR 0.50 X 0 0 0 MICKEY HART DIRECTOR 0.50 X 0 0 0 BARBARA GRENELL DIRECTOR 0.50 X 0 0 0 THOMAS F ROBERTS DIRECTOR 0.50 X 0 0 0 MOBY DIRECTOR 0.50 X 0 0 0 MICHAEL R POTACK DIRECTOR 0.50 7.00 X 0 0 0 AL CAFARO DIRECTOR 0.50 X 0 0 0 NICK STERN DIRECTOR 0.50 X 0 0 0 JOEL THOME DIRECTOR 0.50 X 0 0 0 AMIR ARBISSER MD DIRECTOR 0.50 X 0 0 0 AXEL FREUDMANN DIRECTOR 0.50 X 0 0 0 KAREN KARP DIRECTOR 0.50 X 0 0 0 HARVEY ALTER DIRECTOR 0.50 X 0 0 0 CHARLES ARMSTRONG DIRECTOR 0.50 X 0 0 0 JOHN IACHETTI DIRECTOR 0.50 X 0 0 0 JENNIFER JUZAITIS DIRECTOR 0.50 X 0 0 0 THOMAS NOBILE DIRECTOR 0.50 X 0 0 0 MIDGE WOOLSEY DIRECTOR 0.50 X 0 0 0 STEPHEN B MANN SENIOR VP-ADMINISTRATION 0.10 22.40 X 2616 321754 48781 IRA GREEN SR VP/CFO 0.30 34.70 X 4505 553923 144142 CHRISTIE O'TOOLE CHIEF ADMINISTRATIVE OFFICER 0.30 34.70 X 4045 497527 132660 PETER FRAGALE SR VP/CHRO 0.30 34.70 X 1896 263572 49315 KAREN EASTMOND CHIEF COMPLIANCE OFFICER 0.30 34.70 X 2419 336244 35012 MICHAEL MATTEO CHIEF INFORMATION OFFICER 0.30 34.70 X 2536 352564 35060 YITZY HOLLANDER CORPORATE VP OF FINANCE 0.30 34.70 X 2425 337409 49727 NEIL GLUCKIN CHIEF MARKETING OFFICER 0.30 34.70 X 1883 261827 45580 202989 3837979 900057 1 0 1 0 0 200905 57342 258247 MUSIC THERAPY 624310 574000 574000 574000 28750 200905 27510 1240 1240 MISCELLANEOUS 900099 34764 34764 34764 868251 574000 0 36004 X 232489 208660 23829 304564 257477 38863 8224 17668 17069 599 77011 64942 10426 1643 37974 32950 4395 629 2946 2946 12250 12250 113927 80288 10225 23414 1857 1857 25850 896 24923 31 1082 1082 2609 1881 617 111 830227 665245 130331 34651 103888 69129 4600 12325 108488 81454 38083 46651 1295912 1222286 1333995 1268937 X -1225507 -1187483 -1225507 -1187483 108488 81454 38024 0 X X 0 1 X 1 0 X X X 2 BAHS 131739920 3 1 0 0 CNR 112289702 9 0 0 0 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 X 1 0 SECTION E, LINE 2A IN 2014, THE INTITUTE PROVIDED SUPPORT TO BETH ABRAHAM HEALTH SERVICES AND CENTER FOR NURSING AND REHABILITATION, INC. IN THE FORM OF MUSIC THERAPY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED PARTIES 1222286 1222286 X 895761 27510 27510 868251 0 868251 857737 27510 27510 830227 0 830227 PART X, LINE 2: THE INSTITUTE HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2011 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT COST OF SPECIAL EVENTS 27,510. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT COST OF SPECIAL EVENTS 27,510. 0 1 0 0 0 0 0 1 0 CONCETTA M TOMAINO EXECUTIVE DIRECTOR 169718 0 0 0 3522 0 13911 0 21509 0 208660 0 0 0 MICHAEL S FASSLER CEO/PRESIDENT 7249 891637 0 0 175 21522 2442 300409 173 21336 10039 1234904 0 0 STEPHEN B MANN SENIOR VP-ADMINISTRATION 2491 306353 0 0 125 15401 278 34182 115 14206 3009 370142 0 0 IRA GREEN SR VP/CFO 4152 510678 202 24795 151 18450 989 121644 173 21336 5667 696903 0 0 CHRISTIE O'TOOLE CHIEF ADMINISTRATIVE OFFICER 3727 458430 202 24798 116 14299 896 110255 173 21336 5114 629118 0 0 PETER FRAGALE SR VP/CHRO 1790 248835 0 0 106 14737 201 27987 151 20976 2248 312535 0 0 KAREN EASTMOND CHIEF COMPLIANCE OFFICER 1923 267282 357 49643 139 19319 204 28396 46 6366 2669 371006 0 0 MICHAEL MATTEO CHIEF INFORMATION OFFICER 2428 337555 0 0 108 15009 97 13454 154 21355 2787 387373 0 0 YITZY HOLLANDER CORPORATE VP OF FINANCE 2285 317950 36 4964 104 14495 204 28396 151 20976 2780 386781 0 0 NEIL GLUCKIN CHIEF MARKETING OFFICER 1477 205324 0 0 406 56503 184 25554 142 19700 2209 307081 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, WRITTEN EMPLOYMENT CONTRACTS, 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, LINE 4B MICHAEL FASSLER - $203,270 NON QUALIFIED RETIREMENT PAYMENT PART I, LINE 7 BONUSES ARE DETERMINED BY THE BOARD AND ARE BASED ON PERFORMANCE. FORM 990, PART VI, SECTION A, LINE 2 EDWIN H STERN III AND NICK STERN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 CENTERLIGHT HEALTH SYSTEM, INC. IS THE SOLE MEMBER OF INSTITUTE FOR MUSIC AND NEUROLOGIC FUNCTION. 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 B, LINE 11 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 SENIOR VP/CFO AND THE DIRECTOR 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 KEY EMPLOYEES 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 WHILE THE CORPORATE COMPLIANCE PROGRAM STEERING COMMITTEE REVIEWS THE DISCLOSURES OF KEY EMPLOYEES. 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 DIRECTOR'S 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 B, LINE 15 COMPENSATION OF THE CEO AND SENIOR EXECUTIVES ARE REVIEWED AND APPROVED BY A COMMITTEE OF THE BOARD OF THE PARENT COMPANY, CENTERLIGHT HEALTH SYSTEM, INC. THE SERVICE OF AN INDEPENDENT COMPENSATION CONSULTANT IS USED TO DETERMINE THE APPROPRIATE COMPENSATION. THIS PROCESS INCLUDES THE UTILIZATION OF A COMPARATIVE SALARY ANALYSIS WITH COMPARABLE ORGANIZATIONS' SENIOR MANAGEMENT. THE 2014 SALARIES WERE DETERMINED BASED ON A REVIEW IN FEBRUARY OF 2014. FORM 990, PART VI, SECTION C, LINE 19 THESE FORMS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 80,288. MANAGEMENT AND GENERAL EXPENSES 10,225. FUNDRAISING EXPENSES 23,414. TOTAL EXPENSES 113,927. FORM 990, PART XII, LINE 2C PROCESS HAS NOT CHANGED FROM 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) 11 TYPE I N/A 0 CENTERLIGHT HEALTHCARE INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 133600807 MANAGED CARE ENTITY NY 501(C)(3) 9 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) 11 TYPE I CENTERLIGHT HEALTHCARE 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) 9 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) 9 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) 9 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) 11 TYPE I 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) 9 CENTERLIGHT HEALTH SYSTEM INC 0 SCHNURMACHER CENTER FOR REHABILITATION 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 133482590 SKILLED NURSING FACILITY NY 501(C)(3) 9 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 CLIENTS NY 501(C)(3) PF BETH ABRAHAM HEALTH SERVICES 0 BETH ABRAHAM HEALTH SERVICES 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 131739920 SKILLED NURSING FACILITY NY 501(C)(3) 9 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) 9 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) 7 CENTERLIGHT HEALTH SYSTEM INC 0 CNR HOUSING DEVELOPMENT FUND CORPORATION 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 061633495 HOUSING FOR THE ELDERLY NY 501(C)(3) PF 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 & DAYCARE NY 501(C)(3) 9 CENTERLIGHT HEALTH SYSTEM INC 0 CL HEALTHCARE INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 460833951 HOME CARE NY 501(C)(3) 9 CENTERLIGHT HEALTH SYSTEM INC 0 CENTERLIGHT CERTIFIED HOME HEALTH AGENCY INC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 461840894 HOME CARE NY 501(C)(3) 9 CENTERLIGHT HEALTH SYSTEM INC 0 612 ALLERTON AVENUE CREATIVE ARTS THERAPY PROFESSIONAL PRACTICE PC 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 271810936 MUSIC THERAPY NY N/A C 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0