2013-11-15T12:39:45-06:00 2012-12-31 WITHUMSMITHBROWNPC 331 NEWMAN SPRINGS RD STE 125 RED BANK NJ 077016765 990 2012-01-01 133603599 SISTERS OF CHARITY HEALTH CARE SYSTEM NURSING HOME INC % STEVEN KORF SIST 2123565962 450 WEST 33RD STREET Suite NEW YORK NY 10001 STEVEN KORF 2123565962 2013-11-15 true MICHAEL A SERLUCO CPA 7328423113 2013-11-15 2012 2016-03-07 17:11:31Z ST ELIZABETH ANN'S HEALTHCARE STEVEN KORF 450 WEST 33RD STREET NEW YORK NY 10001 43109037 false X WWW.SVCMCNY.ORG X 1992 NY REFLECTING GOD'S LOVE BY ADVANCING CHRIST'S HEALING MINISTRY TO ALL, ESPECIALLY THE POOR. ON MARCH 31, 2012 THE FACILITY SOLD THE MAJORITY OF ITS ASSETS. X 6 6 545 12 0 6086 100 44920752 8463843 15015 27744829 29794 322 44971647 36209094 0 0 0 0 28123898 7051943 0 0 0 18126223 4539199 46250121 11591142 -1278474 24617952 35353103 5715520 26692621 15741887 8660482 -10026367 X REFLECTING GOD'S LOVE BY ADVANCING CHRIST'S HEALING MINISTRY WITH RESPECT, INTEGRITY, COMPASSION, AND EXCELLENCE TO ALL WHO COME TO US IN NEED, ESPECIALLY THE POOR. false true 9538143 8463843 PROVIDE MEDICAL AND/OR PHYSICAL SERVICES TO GERIATRIC, AIDS, VENTILATION DEPENDENT AND NEUROBEHAVIORAL RESIDENTS IN 300 BED FACILITY. RESIDENT DAYS IN 2012 AMOUNTED TO 24,053. 9538143 true false false false false false false false false false false false false true true false false false false false false false false false false false false false false true false false false false false false false false false false false true false true false false false true 39 0 true 545 true false false false false false false false false false false false false X 6 6 false true false false true false false true false false false true true true true true true true false NY X STEVEN KORF 2123565962 450 WEST 33RD STREET NEW YORK NY 10001 X JACK A DESANTIS JR 1.0 X 0 0 0 MARGARET O'BRIEN SC 1.0 X 0 0 0 REV JOSEPH M SULLIVAN 1.0 X 0 0 0 MARY ANN DALY SC 1.0 X 0 0 0 CARLO DEREGE 1.0 X 0 0 0 KEVIN SHEA 1.0 X 0 0 0 RICHARD MATO 18.75 18.75 X 0 210053 0 0 210053 0 1 false true false SODEXO OPERATIONS LLC PO BOX 81049 WOBURN MA 018131049 FOOD SERVICE 792268 MED WORLD PHARMACY 80 RED SCHOOLHOUSE ROAD SUITE 226 CHESTNUT RIDGE NY 10977 PHARMACUETICAL 243656 BURNS INTERNATIONAL SECURITY 14712 BROADWAY 17TH FLOOR NEW YORK NY 10018 SECURITY 126415 UNITEX TEXTILE RENTAL 161 MACQUESTRN PKW S MT VERNON NY 10550 LAUNDRY & LINEN 137336 REVENUE ENHANCEMENT SERVICES 163 BRENSTER RD MASSAPAQUA NY 11758 FINANCE / A/R 162078 11 100 100 NET RESIDENT SERVICE REVENUE 623000 8463843 8463843 8463843 13671 13671 0 0 0 0 0 34631101 6899943 27731158 27731158 27731158 0 0 0 MISCELLANEOUS INCOME 900099 322 322 322 36209094 8463843 27745151 0 0 0 0 0 0 5196174 4688882 507292 295348 265813 29535 1164907 1048416 116491 395514 355963 39551 0 0 24000 24000 0 0 0 728960 395721 333239 0 54841 15346 39495 0 0 1150845 729485 421360 3212 3212 0 190 119 71 0 0 166000 114540 51460 113851 113851 FOOD SERVICE CONTRACT 970500 970500 ALLOCATE CORPORATE EXPENSES 576000 576000 MEDICAL & SURGICAL SUPPLIES 112797 112797 OTHER PURCHASED SERVICES 250962 2879 248083 387041 261682 125359 11591142 9538143 2052999 0 167643 155404 12561610 1520116 0 0 7687983 0 0 0 0 0 0 0 99999 0 508959 0 10081571 0 0 0 0 0 0 0 0 4245338 4040000 35353103 5715520 3409213 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 23283408 15741887 26692621 15741887 X 8626099 -10026367 34383 0 0 0 8660482 -10026367 35353103 5715520 X 24617952 -43304801 X false false false X 23491 16505 13760 6086 100 59942 48391029 51058119 51501519 44920752 8463843 204335262 0 0 0 48414520 51074624 51515279 44926838 8463943 204395204 0 0 0 204395204 191772 81802 39997 15015 13671 342257 0 191772 81802 39997 15015 13671 342257 0 186671 177046 44804 29794 322 438637 48792963 51333472 51600080 44971647 8477936 205176098 0.99619 0.99188 0.00167 0.00403 X MISCELLANEOUS INCOME - $171 FEE INCOME - $141 REBATES & REFUNDS - $ 10 ------ TOTAL $322 MALPRACTICE INSURANCE CLAIMS 4040000 4040000 0 DUE TO AFFILIATES, NET 11601887 OTHER LT LIABILITIES 100000 MALPRACTICE CLAIMS PAYABLE 4040000 15741887 X X X X false false false false false false false false false RICHARD MATO 0 210053 0 0 0 0 0 210053 FIXED ASSETS AND LICENSES 2012-03-31 34631101 ASSET PURCHASE AGREEMENT 452630423 SV OPERATING 3 LLS 3 HUNTERS ROAD SUFFERN NY 10901 LLC false false false false CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C SAINT VINCENTS CATHOLIC MEDICAL CENTERS (SVCMC) AND ITS AFFILIATED ORGANIZATIONS, INCLUDING ST. ELIZABETH ANN'S HEALTHCARE & REHABILITATION CENTER, HAVE THE FOLLOWING PROCESS IN PLACE FOR MONITORING CONFLICTS OF INTEREST INVOLVING APPLICABLE EMPLOYEES, MANAGEMENT, MEDICAL STAFF MEMBERS, AND/OR MEMBERS OF THE BOARD OF DIRECTORS. ALL EMPLOYEES AND MEDICAL STAFF MEMBERS WHO ARE CONSIDERED TO BE "KEY EMPLOYEES" BECAUSE OF THEIR ABILITY TO INFLUENCE SUBSTANTIVE BUSINESS DECISIONS (E.G., PURCHASES, CONTRACTS, LEASES, ETC.), AND MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM THAT IS REVIEWED BY THE COMPLIANCE OFFICER. IF THERE ARE ANY POTENTIAL CONFLICTS IDENTIFIED BY KEY EMPLOYEES, THE BOARD OF DIRECTORS IS INFORMED. FOR BOARD MEMBERS, A SUMMARY OF ALL COMPLETED CONFLICT OF INTEREST INFORMATION IS COMPILED AND CIRCULATED TO ALL BOARD MEMBERS FOR THEIR REVIEW. ONCE ALL POTENTIAL CONFLICT INFORMATION IS GATHERED, THE BOARD OF DIRECTORS, IN CONJUNCTION WITH THE COMPLIANCE OFFICER AND AUDIT/COMPLIANCE COMMITTEE OF SVCMC, SHALL MAKE A DETERMINATION WHETHER ACTUAL CONFLICTS EXIST. WHEN THE CONFLICT IS IDENTIFIED, CORRECTIVE ACTION SHALL BE TAKEN BASED ON THE TYPE AND EXTENT OF CONFLICT. IN ALL SITUATIONS, THE RELEVANT INDIVIDUAL SHALL BE REMOVED OR RECUSED FROM ANY DECISION MAKING RELATED TO THE POTENTIAL CONFLICT. ALL KEY EMPLOYEES AND MEMBERS ARE FURTHER INSTRUCTED TO DISCLOSE THROUGHOUT THE YEAR IF ANY NEW OR PREVIOUSLY UNIDENTIFIED CONFLICTS ARISE. AT THAT TIME, A REVISED DISCLOSURE FORM MUST BE COMPLETED AND SENT TO THE SVCMC COMPLIANCE OFFICER FOR REVIEW, AND CORRECTIVE ACTION IS TAKEN IN ACCORDANCE WITH THE PROCESS DESCRIBED PREVIOUSLY. A SUMMARY OF ALL COMPLETED CONFLICT OF INTEREST INFORMATION IS COMPILED. THIS SUMMARY IS THEN CIRCULATED TO ALL BOARD MEMBERS FOR THEIR REVIEW. PROCESS TO REVIEW FORM 990 FORM 990, PART VI, LINE 11B THE RETURN WAS REVIEWED BY THE ORGANIZATION'S MANAGEMENT AS WELL AS BY THE MANAGEMENT OF SAINT VINCENTS CATHOLIC MEDICAL CENTER, THE SOLE CORPORATE MEMBER OF THE SISTERS OF CHARITY HEALTH CARE SYSTEM NURSING HOME, INC. COMPENSATION PROCESS FORM 990, PART VI, LINE 15A THE SVCMC BOARD'S COMPENSATION COMMITTEE HAS JURISDICTION OVER EXECUTIVE COMPENSATION. AT THEIR DIRECTION, THE ORGANIZATION HAS RETAINED AND UTILIZED THE SERVICES OF A NUMBER OF THIRD PARTY COMPENSATION CONSULTANTS TO ESTABLISH MARKET NORMS, AND TO PERIODICALLY CONDUCT INTERMEDIATE SANCTIONS REVIEWS TO ESTABLISH THE REASONABLENESS OF COMPENSATION. THIS REVIEW COVERS THE CEO, COO, CFO, SVP/CHIEF ADMINISTRATIVE OFFICER, SVP FOR BEHAVIORAL HEALTH, SVP FOR CONTINUING CARE, SVP FOR DEVELOPMENT, SVP/INFORMATION OFFICER, VP FOR SUPPLY CHAIN MANAGEMENT, AND VP OF FINANCE IN BOTH BEHAVIORAL HEALTH AND CONTINUING CARE, CHIEF COMPLIANCE OFFICER, SVP FOR HUMAN RESOURCES AND CHIEF NURSING OFFICER. EACH TIME A NEW VICE PRESIDENT, SENIOR VICE PRESIDENT, OR CHIEF EXECUTIVE OFFICER IS HIRED, OUR CONSULTANTS ADVISE US AS TO MARKET. THE COMPENSATION COMMITTEE REQUIRES US TO SEEK THEIR AUTHORIZATION IF WE WISH TO APPOINT A NEW EXECUTIVE ABOVE THE 75TH PERCENTILE. THIS SAME PROCESS OCCURS WHEN AN INCUMBENT EXECUTIVE IS TO RECEIVE A SALARY ADJUSTMENT. IT SHOULD BE EMPHASIZED THAT OUR OUTSIDE CONSULTANTS RELY ON, OR OTHERWISE DEVELOP, RELEVANT EXTERNAL DATA FOR NEW YORK CITY NOT-FOR-PROFIT HEALTH CARE ORGANIZATIONS. THIS DATA IS ADJUSTED FOR SIZE AND SCOPE OF RESPONSIBILITY. GOVERNING DOCUMENTS FORM 990, PART VI, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST TO THE PUBLIC. PART VI, SECTION A, LINE 3 ST. ELIZABETH ANN'S HEALTHCARE & REHABILITATION CENTER OBTAINS CERTAIN MANAGEMENT AND OTHER SUPPORT SERVICES FROM ITS SOLE CORPORATE MEMBER, SAINT VINCENTS CATHOLIC MEDICAL CENTER. PART VI, SECTION A, LINE 6 SAINT VINCENTS CATHOLIC MEDICAL CENTER IS THE SOLE CORPORATE MEMBER OF ST. ELIZABETH ANN'S HEALTHCARE & REHABILITATION CENTER. FORM 990, PART III, LINE 3 ON APRIL 14, 2010, SAINT VINCENTS CATHOLIC MEDICAL CENTER AND SUBSTANTIALLY ALL OF ITS SUBSIDIARIES, INCLUDING ST. ELIZABETH ANN'S HEALTHCARE & REHABILITATION CENTER, FILED VOLUNTARY PETITIONS SEEKING BANKRUPTCY PROTECTION UNDER CHAPTER 11 OF THE U.S. BANKRUPTCY CODE. THE FACILITY CONTINUED TO OPERATE ITS BUSINESS AS DEBTOR-IN-POSSESSION UNDER THE JURISDICTION OF THE BANKRUPTCY COURT. IN GENERAL, DEBTORS-IN-POSSESSION ARE AUTHORIZED UNDER CHAPTER 11 TO CONTINUE TO OPERATE AS AN ONGOING BUSINESS, BUT MAY NOT ENGAGE IN TRANSACTIONS OUTSIDE THE ORDINARY COURSE OF BUSINESS WITHOUT THE PRIOR APPROVAL OF THE BANKRUPTCY COURT. ON MARCH 31, 2012, THE FACILITY SOLD THE MAJORITY OF ITS FIXED ASSETS AND ITS MEDICAID AND MEDICARE LICENSES TO A PRIVATE CONCERN WHO CONTINUES TO PROVIDE SKILLED NURSING AND REHABILITATION SERVICES TO PATIENTS. OTHER CHANGES IN NET ASSETS PART XI, LINE 9 EQUITY TRANSFER TO ST. VINCENT CATHOLIC MEDICAL CENTER $43,304,801 ST VINCENT CATHOLIC MEDICAL CTRS OF NY 450 WEST 33RD STREET NEW YORK NY 10001 134077996 HOSPITAL NY 501(C)(3) 9 NA false ST JEROME'S HEALTH SERVICES CORP 450 WEST 33RD STREET NEW YORK NY 10001 112948924 NURSING NY 501(C)(3) 9 SVCMC false false false false false false false false false false false false false false false false true false ST VINCENT CATHOLIC MEDICAL CTRS OF NY R 43304801