2011-11-03T20:10:31-05:00 2010-12-31 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2010-01-01 133874103 INSTITUTE FOR MUSIC AND NEUROLOGIC FUNCTION INST 7185195937 612 ALLERTON AVENUE BRONX NY 104677495 STEPHEN MANN 7185195937 2011-10-26 1 FREDERICK H ROTHMAN 2128674000 2010 2016-03-07 17:11:31Z STEPHEN MANN 612 ALLERTON AVENUE BRONX NY 104677495 923068 0 X WWW.IMNF.ORG X 1995 NY TO SOLICIT FUNDS TO PROMOTE THE THERAPEUTIC EFFECTS OF MUSIC ON NEUROLOGIC FUNCTION. 27 26 9 0 0 0 298029 257856 541382 602990 256 0 105353 34028 945020 894874 0 0 0 0 866759 760956 0 0 35204 294865 445304 1161624 1206260 -216604 -311386 92203 161379 600349 980911 -508146 -819532 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 976372 602990 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, 2010, 2,300 PATIENTS WERE TREATED. SEE PART IX FOR STATEMENT OF FUNCTIONAL EXPENSES. 976372 1 1 0 0 0 0 0 0 0 1 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 0 1 22 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 X 27 26 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X STEPHEN MANN CFO 7185195937 612 ALLERTON AVENUE BRONX NY 104677495 MICHAEL S FASSLER 0.50 X X 13449 739670 288653 JUSTIN GINSBERG 0.50 X X 0 0 0 EDWIN H STERN III 2.00 X X 0 0 0 JAY STARK 0.50 X X 0 0 0 LINDA RODGERS EMORY 0.50 X 0 0 0 ARNOLD H GOLDSTEIN 0.50 X 0 0 0 DR ELIZABETH COHEN PHD 0.50 X 0 0 0 GEORGE E BOYAJIAN 0.50 X 0 0 0 CHARLES F BUTLER MD PHD 0.50 X 0 0 0 CLIFFORD P CASE III 0.50 X 0 0 0 TOM CALDERONE 0.50 X 0 0 0 WARREN ECKSTEIN 0.50 X 0 0 0 MICKEY HART 0.50 X 0 0 0 LORIN HOLLANDER 0.50 X 0 0 0 BARBARA GRENELL 0.50 X 0 0 0 THOMAS F ROBERTS 0.50 X 0 0 0 MOBY 0.50 X 0 0 0 MICHAEL R POTACK 0.50 X 0 0 0 AL CAFARO 0.50 X 0 0 0 NICK STERN 0.50 X 0 0 0 JOEL THOME 0.50 X 0 0 0 GEOFFREY HOLDER 0.50 X 0 0 0 AXEL FREUDMANN 0.50 X 0 0 0 MICHAEL FEINSTEIN 0.50 X 0 0 0 KAREN KARP 0.50 X 0 0 0 HARVEY ALTER 0.50 X 0 0 0 CHARLES ARMSTRONG 0.50 X 0 0 0 STEPHEN B MANN 0.50 X 7748 426116 65611 CLARI GILBERT 0.50 X 3367 185161 24970 PAUL ROSENFELD 0.50 X 7523 413753 2300 IRA GREEN 0.50 X 5651 310829 52198 JOSEPH HEALY 0.30 X 3650 405131 6029 CONCETTA M TOMAINO 35.00 X 157641 0 32793 LINDA MURRAY 0.50 X 3497 241332 30173 NORMAN VESIK 0.50 X 3022 208531 42128 PETER FRAGALE 0.50 X 3270 225646 43611 DAVID KLEINHANZEL 0.10 X 605 210994 19625 MARY WEHRBERGER 0.10 X 600 209247 20605 210023 3576410 628696 1 0 1 0 0 139760 118096 8895 257856 MUSIC THERAPY 624310 602990 602990 602990 27750 139760 28194 -444 -444 OTHER INCOME 900099 34472 34472 34472 894874 602990 0 34028 239621 190434 49187 364003 343515 9414 11074 21025 18793 1521 711 93465 90086 974 2405 42842 38129 3856 857 3905 3905 11000 11000 327832 264639 54608 8585 10794 10794 74594 21996 42868 9730 8681 4271 3554 856 MISCELLANEOUS 4498 604 2908 986 BAD DEBT 4000 4000 1206260 976372 194684 35204 70603 90821 21600 70558 92203 161379 12391 38437 587958 942474 600349 980911 X -508146 -819532 -508146 -819532 92203 161379 -311386 0 X X 0 1 1 X 0 X X X X 0 0 0 BAHS 131739920 3 1 1 1 0 CNR 112289702 9 0 1 1 0 2 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED PARTIES 942474 942474 894874 1206260 -311386 0 -311386 923068 28194 28194 894874 0 894874 1234453 28194 28194 1206259 0 1206259 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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, 2007 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT COST OF SPECIAL EVENTS 28,194. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT COST OF SPECIAL EVENTS 28,194. MUSIC HAS POWER AWARDS 167510 139760 27750 28194 167510 139760 27750 28194 28194 -444 X X X X X X 0 1 0 0 0 0 0 0 0 MICHAEL S FASSLER 13449 739670 0 0 0 0 4922 270696 233 12802 18604 1023168 0 0 STEPHEN B MANN 7748 426116 0 0 0 0 825 45375 347 19064 8920 490555 0 0 CLARI GILBERT 3367 185161 0 0 0 0 356 19552 90 4972 3813 209685 0 0 PAUL ROSENFELD 7523 413753 0 0 0 0 0 0 40 2260 7563 416013 0 0 IRA GREEN 5651 310829 0 0 0 0 576 31684 356 19582 6583 362095 0 0 JOSEPH HEALY 3650 405131 0 0 0 0 0 0 54 5975 3704 411106 0 0 CONCETTA M TOMAINO 157641 0 0 0 0 0 12855 0 19938 0 190434 0 0 0 LINDA MURRAY 3497 241332 0 0 0 0 246 16892 185 12850 3928 271074 0 0 NORMAN VESIK 3022 208531 0 0 0 0 322 22202 280 19324 3624 250057 0 0 PETER FRAGALE 3270 225646 0 0 0 0 346 23854 277 19134 3893 268634 0 0 DAVID KLEINHANZEL 605 210994 0 0 0 0 42 14770 14 4799 661 230563 0 0 MARY WEHRBERGER 600 209247 0 0 0 0 42 14647 17 5899 659 229793 0 0 PART I, LINE 4B MICHAEL FASSLER - $194,334 FORM 990, PART VI, SECTION A, LINE 2 EDWIN H STERN III AND NICK STERN ARE BOTH BOARD MEMBERS AND ARE FATHER AND SON. FORM 990, PART VI, SECTION A, LINE 6 BETHCO CORPORATION IS THE SOLE MEMBER OF INSTITUTE FOR MUSIC AND NEUROLOGIC FUNCTION. FORM 990, PART VI, SECTION A, LINE 7A BETHCO CORPORATION 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 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 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. 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. THIS REVIEW WAS LAST DONE IN JUNE OF 2009. FORM 990, PART VI, SECTION C, LINE 18 THESE FORMS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THESE FORMS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C PROCESS HAS NOT CHANGED FROM PRIOR YEAR. HOURS WORKED FOR RELATED ORGANIZATIONS FORM 990, PART VII STEPHEN MANN - 34.5 MICHAEL FASSLER - 34.5 CLARI GILBERT - 34.5 LINDA MURRAY - 34.5 PAUL ROSENFELD - 34.5 IRA GREEN - 34.5 MICHAEL R. POTACK - 8 EDWIN H. STERN III - 6 NORMAN VESIK - 34.5 JOSEPH HEALY - 34.7 PETER FRAGALE - 34.5 MARY WEHRBERGER - 34.9 DAVID KLEINHANZEL - 34.9 BETHCO CORPORATION 612 ALLERTON AVE BRONX NY 10467 133323765 TO SUPPORT HEALTHCARE SERVICES NY 501(C)(3) 11 TYPE I N/A 0 COMPREHENSIVE CARE MANAGEMENT CORPORATION 612 ALLERTON AVE BRONX NY 10467 133600807 MANAGED CARE ENTITY NY 501(C)(3) 9 BETHCO CORPORATION 0 COMPREHENSIVE CARE MANAGEMENT DIAGNOSTIC AND TREATMENT CENTER 612 ALLERTON AVE BRONX NY 10467 133631727 DIAGNOSTIC TREATMENT CENTER NY 501(C)(3) 11 TYPE I COMPREHENSIVE CARE MANAGEMENT CORPORATION 0 TBM HOUSING DEVELOPMENT FUND COMPANY INC 612 ALLERTON AVE BRONX NY 10467 133227442 HOUSING FOR THE ELDERLY NY 501(C)(3) 9 BETHCO CORPORATION 0 BETH ABRAHAM HOUSING DEVELOPMENT FUND COMPANY INC 612 ALLERTON AVE BRONX NY 10467 133067236 HOUSING FOR THE ELDERLY NY 501(C)(3) 9 BETHCO CORPORATION 0 PARK HOUSING DEVELOPMENT FUND COMPANY INC 612 ALLERTON AVE BRONX NY 10467 133566484 HOUSING FOR THE ELDERLY NY 501(C)(3) 9 BETHCO CORPORATION 0 BEST CHOICE HOME HEALTH CARE INC 612 ALLERTON AVE BRONX NY 10467 133889937 HOME CARE NY 501(C)(3) 11 TYPE I BETHCO CORPORATION 0 MVP HOUSING DEVELOPMENT FUND COMPANY INC 612 ALLERTON AVE BRONX NY 10467 133760575 HOUSING FOR THE ELDERLY NY 501(C)(3) 9 BETHCO CORPORATION 0 SCHNURMACHER CENTER FOR REHABILITATION 612 ALLERTON AVE BRONX NY 10467 133482590 SKILLED NURSING FACILITY NY 501(C)(3) 9 BETHCO CORPORATION 0 WHF HOUSING DEVELOPMENT FUND COMPANY INC 612 ALLERTON AVE BRONX NY 10467 133891199 HOUSING FOR THE ELDERLY NY 501(C)(3) PF BETHCO CORPORATION 0 ALL THINGS RELATIVE INC 612 ALLERTON AVE BRONX NY 10467 133482335 MANAGE GERIATRIC CARE OF ELDERLY CLIENTS NY 501(C)(3) PF BETHCO CORPORATION 0 CNR HEALTH CARE NETWORK INC 612 ALLERTON AVE BRONX NY 10467 113313588 SUPPORTS HEALTHCARE SERVICES NY 501(C)(3) 11 TYPE I BETHCO CORPORATION 0 BETH ABRAHAM HEALTH SERVICES 612 ALLERTON AVE BRONX NY 10467 131739920 SKILLED NURSING FACILITY NY 501(C)(3) 9 BETHCO CORPORATION 0 CENTER FOR NURSING AND REHABILITATION INC 612 ALLERTON AVE BRONX NY 10467 112289702 SKILLED NURSING FACILITY NY 501(C)(3) 9 CNR HEALTH CARE NETWORK 0 BETH ABRAHAM - CNR FOUNDATION INC 612 ALLERTON AVE BRONX NY 10467 113284763 FUNDRAISING NY 501(C)(3) 7 BETHCO CORPORATION 0 CNR HOUSING DEVELOPMENT FUND CORPORATION 612 ALLERTON AVE BRONX NY 10467 061633495 HOUSING FOR THE ELDERLY NY 501(C)(3) PF CNR HEALTH CARE NETWORK 0 PROSPECT HOME CARE INC 612 ALLERTON AVE BRONX NY 10467 113282805 HOME CARE NY 501(C)(3) PF CNR HEALTH CARE NETWORK 0 PROSPECT HOME ATTENDANT SERVICES INC 612 ALLERTON AVE BRONX NY 10467 311627348 HOME CARE NY 501(C)(3) 9 PROSPECT HOME CARE 0 MARGARET TIETZ NURSING AND REHABILITATION CENTER 612 ALLERTON AVE BRONX NY 10467 136266115 SKILLED NURSING FACILITY & DAYCARE NY 501(C)(3) 9 BETHCO CORPORATION 0 MTC SENIOR HOUSING INC 612 ALLERTON AVE BRONX NY 10467 300195220 DEVELOPMENT OF A CONTINUING CARE RETIREMENT FACILITY NY 501(C)(3) PF MARGARET TIETZ NURSING AND REHABILITATION CENTER 0 612 ALLERTON AVENUE CREATIVE ARTS THERAPY PROFESSIONAL PRACTICE PC 612 ALLERTON AVENUE BRONX NY 10467 271810936 MUSIC THERAPY NY N/A C 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 BETH ABRAHAM HEALTH SERVICES K 497760 CASH CENTER FOR NURSING AND REHABILITATION INC K 85230 CASH