2014-11-05T16:43:10-06:00 2013-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2013-01-01 133323765 CENTERLIGHT HEALTH SYSTEM INC CENT 7185194238 1250 WATERS PLACE TOWER 1 NO 602 BRONX NY 10461 IRA GREEN SR VP/CFO 7185194238 2014-11-03 1 ISRAEL TANNENBAUM P01589203 2128674000 2013 2015-11-30 17:44:51Z IRA GREEN 1250 WATERS PLACE TOWER 1 NO 602 BRONX NY 10461 22591211 0 X WWW.CENTERLIGHT.ORG X 1984 NY TO PROMOTE THE PURPOSES AND GOALS OF NOT-FOR PROFIT HEALTH CARE AND SUPPORT SERVICE PROVIDERS. 16 16 7 16 30230 32740 0 4489604 0 0 872797 9986050 86217 851766 959014 15327420 25293 1533155 0 0 29283 25087 0 0 0 928763 1230593 983339 2788835 -24325 12538585 37739797 54823791 139477 273318 37600320 54550473 X CENTERLIGHT HEALTH SYSTEM, INC. STRIVES TO INCREASE COORDINATION AMONG HEALTH CARE PROVIDERS AND TO ENHANCE THE QUALITY AND COST EFFECTIVENESS OF SERVICES. IT PROMOTES THE PURPOSES AND GOALS OF NOT-FOR PROFIT HEALTH CARE AND SUPPORTS SERVICE PROVIDERS, INCLUDING EMPLOYEE HOUSING. 0 0 1751919 1222500 PROMOTING THE PURPOSES AND GOALS OF NOT-FOR PROFIT HEALTH CARE AND SUPPORTS SERVICE PROVIDERS, INCLUDING EMPLOYEE HOUSING AND COMMUNITY PROGRAMS. 1751919 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 7 0 7 1 1 1 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X IRA GREEN SR VPCFO 7185194238 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 EDWIN H STERN III SECRETARY 0.50 5.00 X X 0 0 0 MICHAEL R POTACK CHAIRMAN 0.50 7.00 X X 0 0 0 STEVEN KANTOR DDS DIRECTOR 0.50 1.00 X 0 0 0 HENRY S CONSTON ESQ DIRECTOR 0.50 1.00 X 0 0 0 JUSTIN GINSBERG DIRECTOR 0.50 1.50 X 0 0 0 THOMAS R BERKEL DIRECTOR 0.50 1.00 X 0 0 0 MARK WEINSTEIN DIRECTOR 0.50 1.50 X 0 0 0 KENNETH R WEISSHAAR DIRECTOR 0.50 1.50 X 0 0 0 WILLIAM LISS-LEVINSON PHD DIRECTOR 0.50 1.00 X 0 0 0 NEIL HEYMAN DIRECTOR 0.50 1.00 X 0 0 0 STEVEN D PRAGER DIRECTOR 0.50 1.00 X 0 0 0 HARVEY J ISHOFSKY DIRECTOR 0.50 1.50 X 0 0 0 ROSEMARIE A LOFFREDO DIRECTOR 0.50 1.00 X 0 0 0 JARTLATH A JOHNSTON DIRECTOR 0.50 1.50 X 0 0 0 MYRON SCHLANGER DIRECTOR 0.50 1.00 X 0 0 0 RICK T BABICH DIRECTOR 0.50 1.50 X 0 0 0 MICHAEL S FASSLER PRESIDENT/CEO 0.50 34.50 X 0 950866 481782 STEPHEN B MANN SENIOR VP/ADMINISTRATION 0.50 28.00 X 0 415673 63490 IRA GREEN SENIOR VP/CFO 0.50 34.50 X 0 569170 88823 PAUL ROSENFELD COO 0.50 34.50 X 0 659184 98437 JOSEPH HEALY COO 0.50 34.50 X 0 764327 99509 CHRISTIE O'TOOLE CHIEF ADMINISTRATIVE OFFIC 0.50 34.50 X 0 465128 77539 0 3824348 909580 0 0 1 0 0 4489604 4489604 583502 583502 902977 801211 101766 101766 101766 5125128 10740000 4578999 1883581 546129 8856419 9402548 30230 9372318 DEVELOPER FEE 900099 750000 750000 750000 15327420 0 30230 10807586 X 1533155 1533155 22577 22577 783 783 1727 1727 12377 12377 22450 22450 364715 364715 534277 534277 3684 3684 SYNAGOGUE EXPENSES 218764 218764 BAD DEBT 74326 74326 2788835 1751919 1036916 0 1224434 1518766 456575 149382 24979 80572 13110 4931360 1345738 2421062 3585622 15597050 42271311 17357867 7410003 452855 0 37739797 54823791 139477 4121 0 269197 139477 273318 X 30449162 47308796 7151158 7241677 37600320 54550473 37739797 54823791 12538585 4411568 0 X X 0 1 X 1 0 X X X 0 0 0 BAHS 131739920 9 0 0 CLHC 133600807 9 0 0 MTNRC 136266115 9 0 447155 BA HDFC 133067236 9 0 0 PH HDFC 133566484 9 0 0 MVP HDFC 133760575 9 0 0 SCRN 133482590 9 0 0 BA-CNR FDN 113284763 7 0 0 TBM HDFC 133227442 9 0 0 CL HELATHCARE 460833951 9 0 0 CLCHHA 461840894 9 0 1086000 CNR 112289702 9 0 0 CNR HDFC 061633495 PF 0 0 13 1533155 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2845533 2845533 1958517 1345738 612779 1685 1685 125625 125625 3585622 PARTNERSHIPS 7410003 F 7410003 DUE TO RELATED PARTIES 269197 269197 X 878308239 4411568 858933966 863345534 14962705 364715 364715 15327420 882020772 879596652 879596652 2424120 364715 364715 2788835 PART X, LINE 2: CENTERLIGHT HEALTH SYSTEM, INC. HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2010 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED COMPANIES REVENUES 858,132,755. RENTAL EXPENSES 801,211. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED COMPANIES EXPENSES 878,795,441. RENTAL EXPENSES 801,211. 1 MARGARET TIETZ NURSING AND REHABILITATION CENTER 1250 WATERS PLACE TOWER 1 SUITE 602 602 BRONX NY 10461 136266115 501(C)(3) 447155 TO SUPPORT COMMUNITY ACTIVITIES CENTERLIGHT CERTIFIED HOME HEALTH AGENCY INC 1250 WATERS PLACE TOWER 1 SUITE 602 602 BRONX NY 10461 461840894 501(C)(3) 1086000 TO PROVIDE STARTUP FUNDS 2 0 PART I, LINE 2: ALL TRANSACTIONS, INCLUDING GRANT FUNDS, ARE CLOSELY MONITORED BY MANAGEMENT. THESE GRANTS ARE GIVEN TO MEMBERS OF THE SAME HEALTH SYSTEM, AND ALL FINANCIAL INFORMATION IS SHARED AND REVIEWED. X X X X X X 0 1 0 0 0 0 0 0 0 MICHAEL S FASSLER PRESIDENT/CEO 0 818030 0 110780 0 22056 0 454251 0 27531 0 1432648 0 0 STEPHEN B MANN SENIOR VP/ADMINISTRATION 0 398589 0 0 0 17084 0 44359 0 19131 0 479163 0 0 IRA GREEN SENIOR VP/CFO 0 489603 0 61200 0 18367 0 61292 0 27531 0 657993 0 0 PAUL ROSENFELD COO 0 516485 0 121719 0 20980 0 70906 0 27531 0 757621 0 0 JOSEPH HEALY COO 0 591851 0 153646 0 18830 0 82319 0 17190 0 863836 0 0 CHRISTIE O'TOOLE CHIEF ADMINISTRATIVE OFFIC 0 391100 0 59616 0 14412 0 50008 0 27531 0 542667 0 0 PART I, LINE 4B MICHAEL FASSLER - NONQUALIFIED RETIREMENT OF $351,378 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 FINANCE AND THE CORPORATE VP 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 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 B, LINE 15 COMPENSATION OF THE CEO AND SENIOR EXECUTIVES ARE REVIEWED AND APPROVED BY A COMMITTEE OF THE BOARD. THE SERVICES 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 2013 SALARIES WERE DETERMINED BY A REVIEW DONE IN APRIL OF 2013. SUBSEQUENTLY ANOTHER REVIEW WAS DONE IN FEBRUARY OF 2014. FORM 990, PART VI, SECTION C, LINE 18 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 182,186. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 182,186. OTHER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 352,091. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 352,091. FORM 990, PART XII, LINE 2C PROCESS HAS NOT CHANGED FROM PRIOR YEAR. 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 1 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 1 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 1 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 1 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 1 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 1 INSTITUTE FOR MUSIC & NEUROLOGIC FUNCTION 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 133874103 MUSIC THERAPY NY 501(C)(3) 11 TYPE III CENTERLIGHT HEALTH SYSTEM INC 1 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 1 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 CENTERLIGHT HEALTH SYSTEM INC 1 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 1 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 1 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 1 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 1 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 1 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 1 CENTERLIGHT CERTIFIED HOME HEALTH AGENCY 1250 WATERS PLACE TOWER 1 SUITE 602 BRONX NY 10461 461840894 HOME CARE NY 501(C)(3) 9 CENTERLIGHT HEALTH SYSTEM INC 1 SCHEUR PLAZA GP INC 1250 WATERS PLACE TOWER BRONX NY 10461 461126614 HOUSING NY C 0.50000 0 SCHEUR GARDENS GP INC 1250 WATERS PLACE TOWER BRONX NY 10461 461126473 HOUSING NY C 0.50000 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0