2013-02-01T13:59:39-06:00 2011-12-31 221478099 COHNREZNICK LLP 4 BECKER FARM ROAD ROSELAND NJ 070681739 990 2011-01-01 010873064 HUDSON HEALTHCARE INC HUDS 2014182249 308 WILLOW AVENUE HOBOKEN NJ 07030 BERNARD A KATZ 2014182249 2013-02-01 1 THOMAS LANNING P00851654 9732283500 2011 2016-02-25 16:41:14Z BERNARD A KATZ 308 WILLOW AVENUE HOBOKEN NJ 07030 117883789 0 X WWW.HOBOKENUMC.COM X 2007 NJ THE ORGANIZATION WAS FORMED FOR THE PROMOTION OF HEALTH OF THE COMMUNITY AND DELIVERY OF HEALTH CARE SERVICES AND FUNDRAISING FOR HUDSON UNIVERSITY MEDICAL CENTER. 5 3 1389 1437 0 0 273475 168172 0 0 5048 2714 129747316 117712903 130025839 117883789 0 0 0 0 81667634 69675859 0 0 2536 71464496 42741702 153132130 112417561 -23106291 5466228 9447631 12734980 32773172 30594293 -23325541 -17859313 THE ORGANIZATION WAS FORMED FOR THE PROMOTION OF HEALTH OF THE COMMUNITY AND DELIVERY OF HEALTH CARE SERVICES AND FUNDRAISING FOR HUDSON UNIVERSITY MEDICAL CENTER. 0 0 105878341 107614816 PROMOTION OF HEALTH OF THE COMMUNITY AND DELIVERY OF HEALTH CARE SERVICES. FUNDRAISING ACTIVITIES FOR HUDSON UNIVERSITY MEDICAL CENTER 105878341 1 0 0 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 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 185 0 1 1389 1 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X THE ORGANIZATION 2014182249 308 WILLOW AVENUE HOBOKEN NJ 07030 SPIROS HATIRAS 37.50 X X 205950 0 2521 VINCENT RICCITELLI 37.50 X X 205155 0 0 FRED DESANTI 5.00 X X 0 0 0 ANDREW GREENE 5.00 X X 0 0 0 ANTHONY J LEITNER 5.00 X 0 0 0 GABRIEL KAPLAN 37.50 X 236842 0 4230 OSBERT FERNANDEZ 37.50 X 234757 0 18960 MICHAEL AHN 37.50 X 209512 0 1682 OSAMA MOSHET 37.50 X 221966 0 2674 J NEAL GRESSOCK 37.50 X 204144 0 735 LINDA BARRIENTOS 37.50 X 120682 0 2500 1639008 0 33302 8 0 1 0 0 168172 168172 2714 2714 MANAGEMENT FEES 103334623 103334623 SETTLEMENT PROCEEDS 9348087 9348087 FORGIVENESS OF DEBT - 4280193 4280193 750000 750000 117712903 117883789 107614816 0 10100801 647947 647947 53913611 53913611 1953407 1953407 8695830 8695830 4465064 4465064 969371 969371 1874130 1874130 9873 9873 4308894 4308894 98265 98265 63239 63239 515723 515723 1513257 1513257 32095 32095 33336 33336 6589 6589 1390898 1390898 DRUGS & SUPPLIES 12196808 9161445 3035363 PHYSICIAN FEES 5636558 5636558 REPAIRS & MAINT 2765304 2765304 OUTSIDE SERVICES 2571173 2571173 8756189 8753653 2536 112417561 105878341 6536684 2536 1844749 7526997 7600000 4000000 2882 557554 0 650429 9447631 12734980 32273564 30594293 499608 0 32773172 30594293 X -23325541 -17859313 -23325541 -17859313 9447631 12734980 5466228 0 X 0 0 0 X 567184 365547 273475 131261 1337467 567184 365547 273475 131261 1337467 1337467 278910 105860 13180 5048 2714 405712 123136074 142154802 138436610 129735284 117712903 651175673 652918852 320184 X 0 PENSION ESCROW 150429 INDEMNIFICATION ESCROW 500000 650429 X X X X 0 0 0 0 0 0 0 0 0 SPIROS HATIRAS 205651 0 0 0 299 0 0 0 2521 0 208471 0 0 0 VINCENT RICCITELLI 205155 0 0 0 0 0 0 0 0 0 205155 0 0 0 GABRIEL KAPLAN 235035 0 0 0 1807 0 0 0 4230 0 241072 0 0 0 OSBERT FERNANDEZ 234601 0 0 0 156 0 0 0 18960 0 253717 0 0 0 MICHAEL AHN 209356 0 0 0 156 0 0 0 1682 0 211194 0 0 0 OSAMA MOSHET 221966 0 0 0 0 0 0 0 2674 0 224640 0 0 0 J NEAL GRESSOCK 204144 0 0 0 0 0 0 0 735 0 204879 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USED AN OUTSIDE INDEPENDENT ORGANIZATION TO ESTABLISH COMPENSATION. AN INDEPENDENT CONSULTANT PROVIDED MARKET DATA ON EXECUTIVE COMPENSATION AND THE ORGANIZATION REVIEWED IT AND DETERMINED THAT IT FELL WITHIN THE RANGE. FOR ALL OTHER NON-UNION POSITIONS, THE ORGANIZATION HAS A SALARY GRADE SYSTEM. WHENEVER SOMEONE IS HIRED, THE ORGANIZATION LOOKS AT INCUMBENT'S SALARIES AND THE CANDIDATE'S EXPERIENCE WHEN THE ORGANIZATION EXTENDS AN OFFER. THE ORGANIZATION ALSO USES ON-LINE SURVEYS, AND AT TIMES NJHA DATA (IF AVAILABLE) TO ASSURE THAT THE ORGANIZATION IS MARKET COMPETITIVE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. INTERESTED PARTIES SHOULD CONTACT THE PRESIDENT AT 308 WILLOW AVENUE, HOBOKEN, NJ 07030. FORM 990 ON AUGUST 1, 2011 (THE PETITION DATE), THE HUDSON HEALTHCARE, INC. (THE DEBTOR) FILED A VOLUNTARY PETITION FOR RELIEF UNDER CHAPTER 11 OF TITLE 11 OF THE UNITED STATES CODE (THE BANKRUPTCY CODE). THE DEBTOR CONTINUED TO OPERATE ITS BUSINESS AS A DEBTOR-IN-POSSESSION PURSUANT TO 11 U.S.C. 1107(A) AND 1108 AFTER THE PETITION DATE. THE DEBTOR SOLD ITS ASSETS ON NOVEMBER 4, 2011 AND ALL EMPLOYEES WERE TERMINATED, INCLUDING THOSE EMPLOYEES WITH SPECIFIC KNOWLEDGE OF ITS BOOKS AND RECORDS THAT ARE REQUIRED TO COMPLETE THE 2011 FORM 990. THERE WAS NO AUDIT PERFORMED OF THE DEBTORS BOOKS AND RECORDS FOR 2011. ON JULY 31, 2012, THE BANKRUPTCY COURT ENTERED AN ORDER CONFIRMING THE DEBTORS THIRD AMENDED JOINT PLAN OF ORDERLY LIQUIDATION (THE PLAN). ON SEPTEMBER 12, 2012, THE EFFECTIVE DATE OF HUDSON HEALTHCARE, INC.S PLAN, BERNARD A. KATZ, CPA WAS APPOINTED AS THE DEBTOR REPRESENTATIVE AND LIQUIDATING TRUSTEE UNDER THE PLAN, WHICH GRANTED HIM STANDING TO WIND DOWN THE DEBTORS AFFAIRS, INCLUDING THE FILING OF TAX RETURNS. THERE BEING NO AUDIT OR EMPLOYEES AVAILABLE TO PROVIDE INFORMATION FOR USE IN ITS FORM 990 FOR 2011, THE LIQUIDATING TRUSTEE HAS RETAINED COHN REZNICK, LLP TO ASSIST IN THE PREPARATION OF ITS 990 FOR 2011 WITH THE BEST AVAILABLE INFORMATION AT THE TIME OF FILING. HOBOKEN HOSPITAL AUTHORITY FOUNDATION 308 WILLOW AVE HOBOKEN NJ 07030 CHARITABLE NJ 501(C)(3) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0