2013-11-15T16:24:03-06:00 2012-12-31 Charles A Barragato & Co LLP 950 Third Avenue - 20th FL New York NY 10022 990 2012-01-01 112626155 Interfaith Medical Center Inc % ROBERT MARIANI INTE 7186134000 1545 Atlantic Avenue Suite Brooklyn NY 11213 ROBERT MARIANI 7186134003 2013-11-15 true Angelo Pirozzi CPA 2123714446 2012 2016-02-25 16:41:14Z Patrick Sullivan 1545 ATLANTIC AVENUE BROOKLYN NY 11213 183189420 false X WWW.INTERFAITHMEDICAL.COM X 1984 NY INTERFAITH MEDICAL CENTER'S MISSION IS TO PROVIDE EXCEPTIONAL PATIENT SERVICE THROUGH PREVENTION, EDUCATION AND TREATMENT IN A SAFE ENVIRONMENT. 6 5 1877 75 0 4263606 3299515 194531403 172969100 2293632 3204628 5433988 3716177 206522629 183189420 0 0 0 0 135527758 137587196 0 0 0 82712698 68632707 218240456 206219903 -11717827 -23030483 166739861 157084047 349099154 361608066 -182359293 -204524019 INTERFAITH MEDICAL CENTER'S MISSION IS TO PROVIDE EXCEPTIONAL PATIENT SERVICE THROUGH PREVENTION, EDUCATION AND TREATMENT IN A SAFE ENVIRONMENT. false false 189080550 175944471 INTERFAITH MEDICAL CENTER ("IMC") PROVIDES A WIDE RANGE OF COMPREHENSIVE INPATIENT AND OUTPATIENT MEDICAL, SURGICAL, GYNECOLOGICAL, PSYCHIATRIC AND PEDIATRIC CARE SERVICES THROUGHOUT THE CENTRAL BROOKLYN, NEW YORK AREA. IMC ALSO PROVIDES TERTIARY HEALTHCARE SERVICES, INCLUDING RENAL DIALYSIS, MEDICAL ONCOLOGY SERVICES, NUCLEAR MEDICINE AND RADIATION ONCOLOGY. AMBULATORY, PODIATRIC AND DENTAL SERVICES ARE ALSO AVAILABLE. On December 2, 2012, IMC filed a voluntary petition seeking protection under Chapter 11 of the U.S. Bankruptcy Code and commencing a case in the United States Bankruptcy Court for the Eastern District of New York. Eastern District of New York (the Bankruptcy Court). Eastern District of New York (the Bankruptcy Court). Eastern District of New York (the Bankruptcy Court). 189080550 true true false true false false false false false true true false false true true false true false false false false false false false false false true true false false true true false false false false false false false false false false false false false false false true true true false false true 87 0 true 1877 true false false false false false false false false false false X 6 5 true true false false false false false true true false false false true true true true true false true false NY X ROBERT MARIANI 7186134003 1545 ATLANTIC AVENUE BROOKLYN NY 11213 Nathan M Barotz Esq 5.0 X X 0 0 Canon Diane M Porter 35.0 5.0 X X 72000 0 0 Charles Grannum DMD 5.0 X X Brenda A Bennett MD 5.0 X James Philips 5.0 X Albert Wiltshire 5.0 X X Luis Hernandez 40.0 X Patrick Sullivan 40.0 X Robert Mariani 40.0 X Pradeep Chandra 40.0 X 444815 0 Patricia Cathill 40.0 X 206500 0 Samuel Agyare 40.0 X 326888 0 Valcy Etienne 40.0 X 327814 0 Theophilus Okeke 40.0 X 293421 0 Lodze Steckman 40.0 X 383684 0 Amal Saha 40.0 X 270582 0 2325704 0 0 216 false true false KURRON SHARES OF AMERICA 700 HICKSVILLE ROAD BETHPAGE NY 11714 MANAGEMENT SERVICE 2909813 SODEXHO INC AFFILIATES PO BOX 360170 PITTSBURGH PA 152516170 DIET & HOUSEKEEPING 2375458 ADVANCED MEDICAL STAFFING CORP 331 RUTLEDGE STREET SUITE 204 BROOKLYN NY 11211 NURSING & CLINICAL 2030422 SECURITAS SECURITY SERVICES USA IN PO BOX 403412 ATLANTA GA 303843412 SECURITY SERVICES 1488194 Willkie Farr and Gallagher LLP 787 Seventh Avenue NEW YORK NY 10019 legal services 844444 36 3125039 174476 3299515 NET PATIENT SERVICE REVENUE 621990 180731649 180731649 PROVISION FOR BAD DEBTS-SEE SCHEDULE O 621990 -7762549 -7762549 172969100 3204628 3204628 0 0 447014 447014 0 447014 447014 0 0 0 0 MEDICAL RESIDENT/STUDENT TRAINING 900099 2948486 2948486 MISCELLANEOUS REVENUE 900099 320677 26885 293792 3269163 183189420 175944471 3945434 0 0 0 0 723315 723315 0 102166876 95173427 6993449 0 9770616 9037820 732796 17588981 16269807 1319174 7337408 6787102 550306 2901215 2901215 3052467 2823532 228935 269774 269774 0 0 0 14168398 13105768 1062630 0 5405519 5000105 405414 0 0 4864559 4499717 364842 62235 57567 4668 0 2209 2043 166 6931210 6411369 519841 0 12960328 12960328 3136018 2900817 235201 MEDICAL SUPPLIES 10034780 10034780 PATIENT FOOD SERVICES 2180620 2180620 COLLECTION FEES 1470351 1470351 REORGANIZATION ITEMS 798000 798000 395024 365397 29627 206219903 189080550 17139353 0 0 9907 9914451 13504574 1686946 1927346 18411552 17520951 0 0 0 0 0 0 580066 606751 262431 359358 165286023 91037536 86564470 74248487 23022902 18185000 5106853 0 0 0 0 0 21190190 30721673 166739861 157084047 83976034 15337304 0 0 0 0 118880000 117784158 0 0 0 0 37985855 8330206 0 0 108257265 220156398 349099154 361608066 X -183628656 -205759793 160515 126926 1108848 1108848 -182359293 -204524019 166739861 157084047 X -23030483 -243 866000 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 98211 false true 11857 110068 false false DIRECT CONTACT DESCRIPTION PART II-B, LINE 1G THE ORGANIZATION HAS CONTRACTS WITH LOBBYISTS WHO WERE ENGAGED TO LOBBY LEGISLATORS ON BEHALF OF THE ORGANIZATION REGARDING POLICIES WHICH IMPACT THE ORGANIZATION'S EXEMPT PURPOSE AND WHICH PERTAIN TO PUBLIC HEALTH CARE. DURING 2012 INTERFAITH MEDICAL CENTER PAID $98,211 IN CONNECTION WITH THESE SERVICES. OTHER ACTIVITIES DESCRIPTION PART II-B, LINE 1I INTERFAITH MEDICAL CENTER PAYS DUES TO THE GREATER NEW YORK HOSPITAL ASSOCIATION (GNYHA). IN ACCORDANCE WITH SECTION 6033 (E) OF THE INTERNAL REVENUE CODE, AND AS REPORTED BY GNYHA, A PORTION OF THESE DUES ARE ATTRIBUTABLE TO LOBBYING ACTIVITIES. THE LOBBYING ACTIVITIES APPLICABLE TO 2012 GNYHA ANNUAL DUES WAS $10,866. IN CONNECTION WITH COLLECTIVE BARGAINING NEGOTIATIONS BETWEEN INTERFAITH MEDICAL CENTER AND 1199/CEIU, CERTAIN EMPLOYER CONTRIBUTION AMOUNTS THAT GO TO THE LABOR MANAGEMENT INITIATIVE (FORMERLY CALLED THE PLANNING AND PLACEMENT FUND) AND THE JOB SECURITY FUND ARE ALLOCATED TO HEALTHCARE EDUCATION PROJECT(HEP) FOR ITS PROGRAMS, SERVICES, AND ACTIVITIES. A PORTION OF SUCH FUNDS THAT HEP RECEIVES IS USED FOR LOBBYING PURPOSES IN CONNECTION WITH NEW YORK STATE AND FEDERAL POLICY ISSUES. INTERFAITH MEDICAL CENTER'S PRO-RATED SHARE OF HEP LOBBYING EXPENSES FOR 2012 IS $991 1269363 1010 3119746 3154345 -5003718 3545715 36761 13389 2299724 1269363 3552000 12261 18546 3545715 3563083 9145213 9156296 3552000 3699848 4591000 4727765 3563083 0.90000 0.10000 false false 1305623 1305623 27662538 7482803 20179735 26074784 9155967 16918817 108239185 74085125 34154060 2003893 313641 1690252 74248487 DEFERRED FINANCING COSTS 1723677 OTHER LONG TERM ASSET 1904936 DUE FROM 3RD PARTY PAYORS 12711107 OTHER RECEIVABLES 749731 INVESTMENT IN HEALTHFIRST 6568998 HEALTHFIRST RETAINED PAYMENTS 5367448 SECURITY DEPOSITS 1695776 30721673 0 DUE TO THIRD PARTY PAYORS 39067347 SELF-INSURED PROFESSIONAL LIAB 6063707 DUE TO IM FOUNDATION 4300073 ACCRUED BOND INTEREST PAYABLE 5388271 LIABILITIES SUBJECT TO COMPROMISE 164849000 ACCRUED RETIREMENT BENEFITS 488000 220156398 183223776 -243 3154345 3154102 180069674 3119746 3119746 183189420 206219903 206219903 206219903 INTENDED USES OF ENDOWMENT FUND PART V, LINE 4 INTERFAITH MEDICAL CENTER'S ENDOWMENT FUNDS ARE FOR SPECIFIC PURPOSES DEFINED UNDER INTERNAL DESIGNATION OR TERMS OF AGREEMENT. Other Revenue included in A/F/S but not on Form 990 Part XI, line 2d Net Assets Released From Restrictions. . . . . . . . $ 3,154,345. Other Revenue included on Form 990 but not in A/F/S Part XI, line 4b Temporarily restricted grants. . . . $ 3,119,746 true true true X true X true true true false true true 6447774 12522870 -6075096 96528572 83655364 12873208 0.06240 102976346 96178234 6798112 0.06240 4249896 4249896 0.02060 16488496 7991322 8497174 0.04120 20738392 7991322 12747070 0.06180 123714738 104169556 19545182 0.12420 true 7762549 32871732 22676119 10195613 X true false 1 1 Interfaith Medical Center Inc

1545 Atlantic Avenue Brooklyn NY 11213

X X X X Interfaith Medical Center Inc true true 100 true 300. true X X X X X X true true X X X X X true false true X false false 11 BISHOP ORRIS G WALKER JR HEALTH CENTER

528 PROSPECT PLACE BROOKLYN NY 11238

CLINIC PRIMARY CARE DESIG AIDS TREATMENT CENTER

880 BERGEN STREET BROOKLYN NY 11238

AIDS TREATMENT CENTER DENTAL CENTER

1536 BEDFORD AVENUE BROOKLYN NY 11216

DENTAL CLINIC ALTERNATIVE HOUSINGAPT PROGRAM

1366 EAST NEW YORK AVENUE BROOKLYN NY 11233

BEHAVIORAL HEALTH CLINIC METHADONE MAINTENANCE TREATMENT PROGRAM

882 BERGEN STREET BROOKLYN NY 11238

DETOX AND CONSULTATION BEHAVIORAL HEALTH PROGRAM - ADULT CLINIC

1038 BROADWAY BROOKLYN NY 11221

BEHAVIORAL HEALTH CLINIC CONTINUING DAY TREATMENT PROGRAM

1275 BEDFORD AVENUE BROOKLYN NY 11216

DETOX AND CONSULTATION KINGSBORO MEN'S SHELTER

681 CLARKSON AVENUE BROOKLYN NY 11213

SHELTER LOLA CUFFEE FAMILY HEALTH CENTER

485 THROOP AVENUE BROOKLYN NY 11221

CLINIC BEHAVIORAL HEALTH PROGRAM - ADULT CLINIC

1475 FULTON STREET BROOKLYN NY 11216

BEHAVIORAL HEALTH CLINIC LEARNING CENTER FOR MENTAL HEALTH

960 PROSPECT PLACE BROOKLYN NY 11213

BEHAVIORAL HEALTH CLINIC EXPLANATION OF COSTING METHODOLOGY PART I, LINE 7 INTERFAITH MEDICAL CENTER USES PATIENT COST TO CHARGES RATIO FROM THE NEW YORK STATE DEPARTMENT OF HEALTH INSTITUTIONAL COST REPORT. METHODOLOGY USED TO ESTIMATE AMOUNT OF BAD DEBT EXPENSE PART III, LINE 2 THE AMOUNT REPORTED ON LINE 2 IS EQUAL TO THE PROVISION FOR BAD DEBTS PER THE AUDITED FINANCIAL STATEMENTS ("AFS"). THE EXPLANATION OF THE METHODOLOGY USED TO ESTIMATE THIS AMOUNT CAN BE FOUND IN FOOTNOTE 2 ON PAGES 18, 19 AND 22 OF THE ATTACHED AFS. BAD DEBT EXPENSE AUDITED FINANCIAL STATEMENT FOOTNOTE PART III, LINE 4 THE TEXT OF THE FOOTNOTE THAT DESCRIBES BAD DEBT EXPENSE CAN BE FOUND ON PAGES 18, 19 AND 22 OF THE ATTACHED AUDITED FINANCIAL STATEMENTS. EXPLANATION OF SHORTFALL AS COMMUNITY BENEFIT PART III, LINE 8 MEDICARE'S COST FINDING IS THE DETERMINATION OF THE ALLOCATION OF DIRECT COSTS AND PRORATION OF INDIRECT COSTS. THE COST REPORT ALLOWS FOR THE ALLOCATION OF GENERAL SERVICE COST CENTERS, INPATIENT ROUTINE SERVICE COST CENTERS, ANCILLARY SERVICE COST CENTERS, OUTPATIENT SERVICE COST CENTERS, OTHER REIMBURSABLE COST CENTERS, SEPCIAL PURPOSE COST CENTERS AND NONREIMBURSABLE COST CENTERS. MOST COST CENTERS ARE ALLOCATED ON DIFFERENT STATISTICAL BASES. AFTER THE ALLOCATION OF THESE COSTS, MEDICARE ALLOWABLE COST IS DERIVED. THE HOSPITAL SERVES PATIENTS WITH GOVERNMENT HEALTH BENEFITS, INCLUDING MEDICARE. MEDICARE IS OUR SECONDARY PAYOR AND HOSPITALS MUST ACCEPT THESE PATIENTS REGARDLESS OF WHETHER THEY MAKE A SURPLUS OR DEFICIT FROM PROVIDING SUCH SERVICES. MEDICARE SERVICES PROMOTE ACCESS TO HEALTH CARE SERVICES. PROVISIONS ON COLLECTION PRACTICES FOR QUALIFIED PATIENTS PART III, LINE 9B INTERFAITH MEDICAL CENTER ADOPTS A WRITTEN COLLECTION POLICY TO FOLLOW UP ON SELF PAY ACCOUNTS CONSISTENTLY TO ENSURE MAXIMIZATION OF CASH FLOW AND FOR TIMELY IDENTIFICATION OF BAD DEBT ACCOUNTS. SELF-PAY PATIENTS WILL BE MAILED AN ITEMIZED COPY OF THEIR HOSPITAL BILL, ALONG WITH FINANCIAL ASSISTANCE INFORMATION. PAYMENT IS EXPECTED WITHIN 30 DAYS OF BILLING. IF THE BALANCE CAN NOT BE PAID WITHIN 30 DAYS, THE PATIENT IS ASKED TO CALL THE ACCOUNT REPRESENTATIVE. AFTER ALL OTHER METHODS OF PAYMENT HAVE BEEN EXHAUSTED, A CONTRACT PAYMENT AGREEMENT MAY BE ACCEPTED. A SERIES OF BILLING STATEMENTS ARE MAILED TO THE GUARANTOR WITH EACH MESSAGE PROGRESSIVELY STRONGER. TELEPHONE COLLECTION ACTIVITY OCCURS FOR INPATIENT SELF-PAY ACCOUNTS THAT ARE GREATER THAN $1,000. ONCE THE BILLING STATEMENTS AND FINAL LETTER HAVE BEEN SENT, THE ACCOUNT WILL CYCLE FOR A PRE-COLLECTION LETTER. AFTER 120 DAYS, ANY SELF-PAY ACCOUNTS DETERMINED TO BE UNCOLLECTIBLE WILL BE WRITTEN OFF TO BAD DEBT AND IMMEDIATELY PLACED WITH A COLLECTION AGENCY. MAXIMUM AMOUNTS THAT CAN BE CHARGED PART V, SECTION B, LINE 20D The hospital facility used the Medicaid rates when calculating the maximum amounts that can be charged & no less than $150.00. NEEDS ASSESSMENT PART VI, LINE 2 INTERFAITH MEDICAL CENTER RELIES ON DATA PROVIDED BY THE NEW YORK CITY DEPARTMENT OF HEALTH AND MENTAL HYGIENE COMMUNITY HEALTH PROFILES, AND THE NEW YORK STATE DEPARTMENT OF HEALTH. IT HAS BEEN FEDERALLY DESIGNATED AS LOCATED WITHIN A HEALTH PROFESSIONAL SHORTAGE AREA AND MEDICALLY UNDERSERVED AREA. THE HOSPITAL ALSO PARTICIPATES IN HEALTH PLANNING AND EVALUATION COALITIONS IN BROOKLYN, I.E. BHIX - BROOKLYN HEALTH INFORMATION EXCHANGE AND SIMILAR PLANNING GROUPS. PATIENT EDUCATION OF ELIGIBILITY FOR ASSISTANCE PART VI, LINE 3 PATIENT EDUCATION OF ELIGIBILITY OF ASSISTANCE: INTERFAITH MEDICAL CENTER HAS DEVELOPED A FINANCIAL ASSISTANCE POLICY THAT PROVIDES MEDICAL/FINANCIAL ASSISTANCE TO ALL. THE POLICY IS UPDATED ANNUALLY ESPECIALLY THE PORTIONS REGARDING CURRENT FEDERAL POVERTY LEVELS AND THAT INFORMATION IS DISTRIBUTED TO ALL THE REGISTRATION AREAS. A COPY OF THE FINANCIAL ASSISTANCE APPLICATION IS INCLUDED IN THE PATIENT'S REGISTRATION PACKAGE AND EACH UNINSURED PERSON IS ADVISED OF THE PROCESS FOR BECOMING ENROLLED AND IF ELIGIBLE ASSISTANCE IS PROVIDED WITH MEDICAID ENROLLING AT THE FACILITY INFORMATION REGARDING THE FINANCIAL ASSISTANCE POLICY IS POSTED IN THE ADMITTING DEPARTMENT AND AT ALL OUTPATIENT REGISTRATION LOCATIONS. TRANSLATION SERVICES ARE AVAILABLE FOR THOSE FOR WHOM ENGLISH IS NOT THEIR FIRST LANGUAGE. COMMUNITY INFORMATION PART VI, LINE 4 INTERFAITH MEDICAL CENTER IS LOCATED IN CENTRAL BROOKLYN, NEW YORK. WE PROVIDE SERVICE TO PEOPLE THROUGHOUT KINGS COUNTY AND EVEN INTO THE SURROUNDING BOROUGHS OF NEW YORK CITY HOWEVER OUR PRIMARY SERVICE AREA COVERS ZIP CODES: 11212, 11213, 11221, 11233, 11238 AND THE SECONDARY SERVICE ZIP CODES ARE: 11203, 11206, 11207,11208, 11217, 11221, 11225, AND 11226. OUR SERVICE AREA HAS A POPULATION OF NEARLY 900,000 WITH APPROXIMATELY IN THE PRIMARY 5 ZIP CODES. THE ETHNIC COMPOSITION IS 80% AFRICAN-AMERICAN OR CARIBBEAN AMERICAN, 11% HISPANIC, 5% WHITE AND 4% OTHER. NEARLY 1 IN 3 OR 31% LIVE BELOW THE POVERTY LEVEL. COMMUNITY BUILDING ACTIVITIES PART VI, LINE 5 INTERFAITH MEDICAL CENTER STRIVES TO BE A GOOD NEIGHBOR AND TO MAINTAIN OPEN COMMUNICATIONS WITH ITS COMMUNITY AND BEYOND. THE HOSPITAL READILY MAKES ITS CONFERENCE ROOM AND CAFETERIA AVAILABLE TO NEIGHBORHOOD GROUPS FOR MEETINGS, RECEPTIONS AND COMMUNITY FORUM. IN ADDITION TO MAKING SPACE AVAILABLE, THE MEDICAL STAFF GRACIOUSLY OFFERS FREE CLINICS AND SCREENINGS THROUGHOUT THE YEAR AT CHURCHES, SENIOR CENTERS, DAY CARE CENTER, HIGH SCHOOLS AND COLLEGE MENTORING SESSIONS AND ANY NUMBER OF STREET FAIRS. THE HOSPITAL ALSO WELCOMES THE INPUT OF THE COMMUNITY THROUGH AN ADVISORY BOARD FOR SEVERAL OF ITS PROGRAMS AND A MONTHLY OPEN DISCUSSION FORUM WITH MEMBERS OF THE BOARD OF TRUSTEES. IN ADDITION TO THE HEAL PROGRAMS OF UTMOST IMPORTANCE TO WOMEN, THE WOMEN'S HEALTH PROGRAM OFFERS WORKSHOPS IN BUDGETING, STRESS REDUCTION, HEALTHY LIVING/COOKING, AND PROVIDES FACILITIES FOR JOB SEARCHES AND HELP WITH AT RISK YOUTH. STATE FILING OF COMMUNITY BENEFIT REPORT 990 SCHEDULE H, PART VI NY, X false false false false false false false false false Pradeep Chandra 444815 0 0 0 0 444815 0 Patricia Cathill 206500 0 0 0 0 206500 0 Samuel Agyare 326888 0 0 0 0 326888 0 Valcy Etienne 327814 0 0 0 0 327814 0 Theophilus Okeke 293421 0 0 0 0 293421 0 Lodze Steckman 383684 0 0 0 0 383684 0 Amal Saha 270582 0 0 0 0 270582 0 ADDITIONAL INFORMATION PART III THE FOLLOWING CURRENT EXECUTIVES WERE EMPLOYED BY A MANGEMENT COMPANY, KURRON SHARES OF AMERICA, INC. DURING 2012 - LUIS HERNANDEZ, PATRICK SULLIVAN, AND ROBERT MARIANI. INTERFAITH MEDICAL CENTER PAID THE MANAGEMENT COMPANY $2,909,813 FOR THE EXECUTIVES' SERVICES DURING THE YEAR. A Dormitory Authority of the State of New York 146000293 64983MVK1 2007-03-28 132587135 SEE PART VI false false false A 0 0 132587135 10565216 0 0 1723677 0 0 0 0 0 false true false true A 0 A false false false false false false 0 false 0 false false A false SCHEDULE K, PART I, COLUMN F 0 THE PROJECT CONSISTS OF (I) THE REFUNDING OF THE OUTSTANDING BONDS DESIGNATED DORMITORY AUTHORITY OF THE STATE OF NEW YORK SECURED HOSPITAL REVENUE BONDS, SERIES 1998D, THE PROCEEDS OF WHICH WERE LOANED TO THE INSTITUTION AND INCLUDING EACH "PROJECT" FINANCED AND REFINANCED WITH THE PROCEEDS OF SUCH BONDS, (II) THE FUNDING OF THE CAPITAL RESERVE FUND REQUIREMENT AND (III) PAYING THE COSTS OF ISSUANCE OF THE BONDS. THE ORIGINAL ISSUE DATE FOR THE SERIES 1998D BONDS WAS FEBRUARY 26, 1998. DESCRIPTION OF DELEGATED DUTIES TO MANAGEMENT COMPANY FORM 990, PART VI, LINE 3 INTERFAITH MEDICAL CENTER ENGAGES THE SERVICES OF KURRON SHARES OF AMERICA, INC. ("KURRON"), AN UNRELATED COMPANY, TO PROVIDE MANAGEMENT SERVICES. RENUMERATION PAID TO KURRON DURING 2012 IS REPORTED IN THE FORM 990, PART VII, SECTION B - INDEPENDENT CONTRACTORS. THE APPLICABLE NAMES AND TITLES OF KURRON PERSONNEL ARE DISCLOSED ON PART VII - SECTION A - OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES. FORM 990 REVIEW PROCESS FORM 990, PART VI, LINE 11B THE INTERFAITH MEDICAL CENTER BOARD IS NOTIFIED WHEN THE FORM 990 IS AVAILABLE AND THEY HAVE THE OPPORTUNITY TO REVIEW THE FORM. THE CHIEF FINANCIAL OFFICER REVIEWS THE FORM 990 BEFORE IT IS FILED WITH THE IRS. EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTS FORM 990, PART VI, LINE 12C ANNUAL QUESTIONNAIRE IS SENT TO ALL DIRECTORS AND MANAGEMENT PERSONNEL. QUESTIONNAIRES ARE REVIEWED BY THE EXECUTIVE STAFF. ANY DISCREPANCIES ARE SENT TO THE BOARD. COMPENSATION REVIEW & APPROVAL PROCESS FOR CEO, EXEC. DIRECTOR OR TOP MGMT FORM 990, PART VI, LINE 15A THE TOP MANAGEMENT OFFICIAL IS PAID BY KURRON SHARES OF AMERICA, INC. ("KURRON"), AN UNRELATED COMPANY. INTERFAITH MEDICAL CENTER ENGAGES THE SERVICES OF KURRON TO PROVIDE MANAGEMENT SERVICES. RENUMERATION PAID TO KURRON DURING 2012 IS REPORTED IN THE FORM 990, PART VII, SECTION B - INDEPENDENT CONTRACTORS. COMPENSATION REVIEW & APPROVAL PROCESS FOR OTHER OFFICERS OR KEY EMPLOYEES FORM 990, PART VI, LINE 15B When determining if compensation was fair value for the services, Interfaith Medical Center compared current compensation to compensation that had been paid previously to an employee for similar services. OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE FORM 990, PART VI, LINE 19 UPON REQUEST, THE ORGANIZATION WILL MAKE AVAILABLE ONLY THOSE DOCUMENTS REQUIRED TO BE DISCLOSED UNDER THE PUBLIC INSPECTION LAWS. COMPENSATION EXPLANATION FORM 990, PART VII LUIS HERNANDEZ, PATRICK SULLIVAN, AND ROBERT MARIANI: INTERFAITH MEDICAL CENTER ENGAGED THE SERVICES OF KURRON SHARES OF AMERICA, INC.("KURRON"), AN UNRELATED COMPANY, TO PROVIDE DAY-TO-DAY AND CONSULTING SERVICES. REMUNERATION PAID TO KURRON DURING 2012 IS REPORTED IN PART VII, SECTION B INDEPENDENT CONTRACTORS. PRESENTATION OF PROVISION FOR BAD DEBTS FORM 990, PART VIII, LINE 2A In July 2011, the FASB issued Accounting Standards Update No. (ASU) 2011-07, Presentation and Disclosure of Patient Service Revenue, Provision for Bad Debts, and the Allowance for Doubtful Accounts for Certain Health Care Entities. The provisions of ASU 2011-07 require certain health care entities that recognize significant amounts of patient service revenue at the time the services are rendered without assessing the patients ability to pay to present the provision for bad debts related to patient service revenue as a deduction from patient service revenue in the statement of operations rather than as an operating expense. Additional disclosures relating to sources of patient service revenue and the allowance for uncollectible accounts are also required. This new guidance is effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2011, with early adoption permitted. The Medical Center adopted the provisions of ASU 2011-07 in 2012. years and interim periods within those fiscal years beginning after December 15, 2011, with early adoption permitted. The Medical Center adopted the provisions of ASU 2011-07 in 2012. OTHER CHANGES IN NET ASSETS OR FUND BALANCES FORM 990, PART XI, LINE 9 CHANGE IN ADDITIONAL MINIMUM PENSION LIABILITY . . . $ 866,000. I M FOUNDATION INC 1545 ATLANTIC AVENUE BROOKLYN NY 11213 113144364 FUNDRAISING NY 501(c)(3) 11 TYPE I IMC true Interfaith Emergency Medicine PC 1545 Atlantic Avenue Brooklyn NY 11213 452480633 Physician Bil NY IMC C Corp true Interfaith Professional Physician Svc PC 1545 Atlantic Avenue Brooklyn NY 11213 451861648 Physician Bil NY IMC C Corp true Interfaith Psychiatry Services PC 1545 Atlantic Avenue Brooklyn NY 11213 274297404 Physician Bil NY IMC C Corp true false false false false true false false false false false false false false false false false false false I M FOUNDATION INC E 9805073 COST