2011-11-11T10:05:57-05:00 2010-12-31 WithumSmithBrown PC 465 South St Ste 200 Morristown NJ 079606497 990 2010-01-01 311757254 THE HEART INSTITUTE HEAR 7182261148 475 SEAVIEW AVENUE STATEN ISLAND NY 10305 THOMAS RECA 2011-11-08 true Anthony J Panico 9738989494 2010 2016-03-07 17:11:31Z ANTHONY C FERRERI 475 SEAVIEW AVENUE STATEN ISLAND NY 10305 12779000 false X WWW.THEHEARTINSTITUTENY.COM X 2001 NY THE HEART INSTITUTE OVERSEES THE ADMINISTRATIVE, FINANCIAL AND OPERATIONAL ASPECTS PROVIDED BY ITS MEMBERS; RICHMOND UNIVERSITY MEDICAL CENTER AND STATEN ISLAND UNIVERSITY HOSPITAL. 12 8 0 0 0 0 0 0 12599000 12779000 0 0 0 0 12599000 12779000 12599000 12779000 0 0 0 0 0 0 0 0 0 12599000 12779000 0 0 0 0 0 0 0 The Heart Institute at Staten Island University Hospital is home to one of the nations leading cardiology teams led by Medical Director and prominent cardiothoracic surgeon, Dr. Joseph McGinn. Opened in 2001, The Heart Institute has quickly become one of the most prestigious heart care facilities in the nation. In fact, through the work of Dr. McGinn and our distinguished cardiac specialists, The Heart Institute pioneered and perfected one of the most advanced bypass techniques performed today a procedure called minimally invasive cardiac surgery/coronary artery bypass grafting. It is commonly referred to as MICS CABG (pronounced "mix cabbage") or The McGinn Technique. On January 21, 2005, the first MICS CABG procedure was performed right here at The Heart Institute by Dr. McGinn and his elite cardiac team, and the face of bypass surgery was changed forever. Today, The Heart Institute performs more MICS CABG procedures than any other hospital with great success. We offer the only dedic false false 12779000 12779000 12779000 THE HEART INSTITUTE IS NOT ITSELF A DIRECT PROVIDER OF CLINICAL OR MEDICAL SERVICES, BUT OVERSEES THE ADMINISTRATIVE, FINANCIAL AND OPERATIONAL ASPECTS OF THE CARDIAC SERVICES PROVIDED BY ITS MEMBERS; RICHMOND UNIVERSITY MEDICAL CENTER AND STATEN ISLAND UNIVERSITY HOSPITAL. 12779000 true false false false false false false false false false false false false false false false false false false false false false false false false false true false true false false false false false false false false false false false false false true false false false false true 0 0 0 false false false false false false false false false false X 12 8 false false false false false true true true true false false true true true true true true true true false NY X X THOMAS RECA 7182261148 475 SEAVIEW AVENUE STATEN ISLAND NY 10305 X RON PURPORA 2.0 X X 0 0 0 JOHN M SHALL 2.0 X X 0 0 0 JOHN CONNORS 2.0 X 0 0 0 ANTHONY C FERRERI 2.0 X 0 993016 35815 GARY GERESI 2.0 X 0 0 0 JEFF JAENICKE 2.0 X 0 0 0 RONALD MAZZUCCO 2.0 X 0 0 0 EDWARD A MESSIER 2.0 X 0 0 0 PATRICK F MCDERMOTT 2.0 X 0 0 0 HONORABLE JAMES P MOLINARO 2.0 X 0 0 0 RICHARD MURPHY 2.0 X 0 895611 155079 DENNIS QUIRK 2.0 X 0 0 0 0 1888627 190894 0 false true false 0 0 PROGRAM RELATED REVENUE 12779000 12779000 12779000 0 0 0 0 0 0 0 0 12779000 12779000 12779000 12779000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12779000 12779000 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 0 0 X false false false X X X X false false false RICHMOND UNIVERSITY MEDICAL CENTER 743177454 03 false true true 6389500 STATEN ISLAND UNIVERSITY HOSPITAL 112868878 03 false true true 6389500 2 12779000 true STATEN ISLAND UNIVERSITY HOSPITAL 475 SEAVIEW AVENUE STATEN ISLAND NY 10305 112868878 501(C)(3) 6389500 PROGRAM SUPPORT RICHMOND UNIVERSITY MEDICAL CENTER 355 BARD AVENUE STATEN ISLAND NY 10310 743177454 501(C)(3) 6389500 PROGRAM SUPPORT 2 0 GRANT FUND MONITORING SCHEDULE I, PART I, QUESTION 2 GRANTS ARE MONITORED BY THE ORGANIZATION'S FINANCE PERSONNEL THROUGH THE UTILIZATION OF COST CENTERS AND OTHER INFORMATION; INCLUDING WRITTEN DOCUMENTATION AND RECEIPTS. X X X X false true false false false false false true false ANTHONY C FERRERI 0 808892 0 115000 0 69124 0 26460 0 9355 0 1028831 0 0 RICHARD MURPHY 0 684366 0 198000 0 13245 0 138150 0 16929 0 1050690 0 0 COMPENSATION INFORMATION SCHEDULE J, PART I; QUESTION 4B The following individual participated in a supplemental nonqualified retirement plan during the year ending December 31, 2010: Richard Murphy - $111,200. COMPENSATION INFORMATION SCHEDULE J, PART I; QUESTION 7 ON FORM 990, PART VII, SECTION A, LINE 1A, A RELATED ORGANIZATION MAY PROVIDE NON-FIXED PAYMENTS, NOT DESCRIBED ON LINES 5 AND 6, TO CERTAIN LISTED PERSONS. THE RELATED ORGANIZATION BASES SUCH PAYMENTS ON MANY PERFORMANCE BASED FACTORS. PAYMENTS OF THIS TYPE APPEAR ON SCHEDULE J-1, PART I, B (II). DISCLOSURE INFORMATION CORE FORM, PART VI, SECTION A; QUESTION 7 Staten Island University Hospital("SIUH") AND RICHMOND UNIVERSITY MEDICAL CENTER("RUMC") ARE the corporate memberS of thIS organization. SIUH AND RUMC haVE the right to elect or appoint members of thIS organization's governing body and haVE the right to approve or ratify certain corporate decisions. DISCLOSURE INFORMATION CORE FORM, PART VI, SECTION B; QUESTION 11A THE ORGANIZATION'S FEDERAL FORM 990 WAS PROVIDED TO AND MADE AVAILABLE TO THE MEMBERS OF THE ORGANIZATION, STATEN ISLAND UNIVERSITY HOSPITAL AND RICHMOND UNIVERSITY MEDICAL CENTER, FOR REVIEW PRIOR TO FILING OF THE FEDERAL FORM 990 WITH THE INTERNAL REVENUE SERVICE (IRS). AS PART OF THE TAX RETURN PREPARATION PROCESS THE ORGANIZATION HIRED A PROFESSIONAL CPA FIRM WITH EXPERIENCE AND EXPERTISE IN BOTH HEALTHCARE AND NOT-FOR-PROFIT TAX RETURN PREPARATION TO PREPARE THE FEDERAL FORM 990. THE CPA FIRM'S TAX PROFESSIONALS WORKED CLOSELY WITH THE ORGANIZATION'S FINANCE PERSONNEL AND VARIOUS OTHER INDIVIDUALS OF THE ORGANIZATION TO OBTAIN THE INFORMATION NEEDED IN ORDER TO PREPARE A COMPLETE AND ACCURATE TAX RETURN. THE CPA FIRM PREPARED A DRAFT FEDERAL FORM 990 AND FURNISHED IT TO THE ORGANIZATION'S FINANCE PERSONNEL AND OTHER INDIVIDUALS FOR THEIR REVIEW. THE ORGANIZATION'S FINANCE PERSONNEL AND OTHER INDIVIDUALS REVIEWED THE DRAFT FEDERAL FORM 990 AND DISCUSSED QUESTIONS AND COMMENTS WITH THE CPA FIRM. REVISIONS WERE MADE TO THE DRAFT FEDERAL FORM 990 WHERE NECESSARY AND A FINAL DRAFT WAS FURNISHED BY THE CPA FIRM TO THE ORGANIZATION'S FINANCE PERSONNEL AND VARIOUS OTHER INDIVIDUALS FOR FINAL REVIEW AND APPROVAL PRIOR TO PRESENTATION OF THE FEDERAL FORM 990 TO THE MEMBERS OF THE ORGANIZATION'S BOARD OF TRUSTEES. DISCLOSURE INFORMATION CORE FORM, PART VI, SECTION B; QUESTION 12 THE ORGANIZATION'S BOARD OF TRUSTEES IS APPOINTED BY THE ORGANIZATION'S MEMBERS, STATEN ISALND UNIVERSITY HOSPITAL AND RICHMOND UNIVERSITY MEDICAL CENTER. EACH APPOINTED TRUSTEE IS REQUIRED TO ADHERE TO THEIR RESPECTIVE ORGANIZATION'S CONFLICT OF INTEREST POLICY. ANNUALLY ALL MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS AND SENIOR MANAGEMENT PERSONNEL OF THESE ORGANIZATIONS ARE REQUIRED TO REVIEW THE EXISTING CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE RETURNED TO EACH RESPECTIVE ORGANIZATION. THEREAFTER A SUMMARY OF THE COMPLETED QUESTIONNAIRES IS PREPARED WHICH CONTAINS INFORMATION DISCLOSED ON AN INDIVIDUAL BY INDIVIDUAL BASIS. THEREAFTER THE ORGANIZATION PRESENTS THIS SUMMARY TO ITS GOVERNANCE COMMITTEE FOR ITS REVIEW AND DISCUSSION. DISCLOSURE INFORMATION CORE FORM, PART VI, SECTION B; QUESTION 15 THIS FILING ORGANIZATION ITSELF HAS NO PAID SENIOR MANAGEMENT PERSONNEL RECEIVING COMPENSATION DIRECTLY FROM THIS ORGANIZATION. RATHER, KEY SENIOR MANAGEMENT PERSONNEL ARE EMPLOYED BY THE TAX-EXEMPT HOSPITALS REFLECTED AS RELATED ORGANIZATION'S ON THIS FORM 990. THE COMPENSATION AND BENEFITS OF THESE INDIVIDUALS ARE SHOWN ON THIS TAX RETURN BECAUSE THEY ARE ALSO EITHER OFFICERS OR BOARD MEMBERS OF THIS ORGANIZATION. ACCORDINGLY, EACH hospital'S BOARD OF TRUSTEES HAS AN EXECUTIVE COMPENSATION COMMITTEE ("COMMITTEE"). THE COMMITTEES HAVE ADOPTED WRITTEN EXECUTIVE COMPENSATION PHILOSOPHIES WHICH THEY FOLLOW WHEN THEY REVIEW AND APPROVE OF THE COMPENSATION AND BENEFITS OF EACH HOSPITAL'S SENIOR MANAGEMENT. THE COMMITTEES REVIEW THE "TOTAL COMPENSATION" OF THE INDIVIDUALS WHICH IS INTENDED TO INCLUDE BOTH CURRENT AND DEFERRED COMPENSATION AND ALL EMPLOYEE BENEFITS, BOTH QUALIFIED AND NON-QUALIFIED. EACH COMMITTEE'S REVIEW IS DONE ON AT LEAST AN ANNUAL BASIS AND ENSURES THAT THE "TOTAL COMPENSATION" OF SENIOR MANAGEMENT IS REASONABLE. THE ACTIONS TAKEN BY THE COMMITTEES ENABLE THE HOSPITALS TO RECEIVE THE REBUTTABLE PRESUMPTION OF REASONABLENESS FOR PURPOSES OF INTERNAL REVENUE CODE SECTION 4958 WITH RESPECT TO THE TOTAL COMPENSATION OF CERTAIN MEMBERS OF THE SENIOR MANAGEMENT TEAM. THE THREE FACTORS WHICH MUST BE SATISFIED IN ORDER TO RECEIVE THE REBUTTABLE PRESUMPTION OF REASONABLENESS ARE THE FOLLOWING: 1. THE COMPENSATION ARRANGEMENT IS APPROVED IN ADVANCE BY AN "AUTHORIZED BODY" OF THE APPLICABLE TAX-EXEMPT ORGANIZATION WHICH IS COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A "CONFLICT OF INTEREST" WITH RESPECT TO THE COMPENSATION ARRANGEMENT; 2. THE AUTHORIZED BODY OBTAINED AND RELIED UPON "APPROPRIATE DATA AS TO COMPARABILITY" PRIOR TO MAKING ITS DETERMINATION; AND 3. THE AUTHORIZED BODY "ADEQUATELY DOCUMENTED THE BASIS FOR ITS DETERMINATION" CONCURRENTLY WITH MAKING THAT DETERMINATION. THE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES EACH OF WHO ARE INDEPENDENT AND ARE FREE FROM ANY CONFLICTS OF INTEREST. THE COMMITTEES RELIED UPON APPROPRIATE COMPARABLE DATA; SPECIFICALLY THE COMMITTEES OBTAINED WRITTEN COMPENSATION STUDIES FROM INDEPENDENT FIRMS WHICH SPECIALIZE IN THE REVIEWING OF HOSPITAL AND HEALTHCARE SYSTEM EXECUTIVE COMPENSATION AND BENEFITS THROUGHOUT THE UNITED STATES. THESE STUDIES USED COMPARABLE GEOGRAPHIC AND DEMOGRAPHIC MARKET DATA INCLUDING BUT NOT LIMITED TO SIMILAR SIZED HOSPITALS, # OF LICENSED BEDS AND NET PATIENT SERVICE REVENUE. THE COMMITTEES ADEQUATELY DOCUMENTED THEIR BASIS FOR THEIR DETERMINATION THROUGH THE TIMELY PREPARATION OF WRITTEN MINUTES OF THE COMPENSATION COMMITTEE MEETINGS DURING WHICH THE EXECUTIVE COMPENSATION AND BENEFITS WAS REVIEWED AND SUBSEQUENTLY APPROVED. DISCLOSURE INFORMATION CORE FORM, PART VI, SECTION C; QUESTION 19 CURRENTLY THE ORGANIZATION PROVIDES GOVERNANCE DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:JOHN M SHALL TITLE:VICE CHAIRMAN - TRUSTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:ANTHONY C FERRERI TITLE:TRUSTEE HOURS:50 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:RONALD MAZZUCCO TITLE:TRUSTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:PATRICK F MCDERMOTT TITLE:TRUSTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:RICHARD MURPHY TITLE:TRUSTEE HOURS:50 RICHMOND UNIVERSITY MEDICAL CENTER 355 BARD AVENUE STATEN ISALND NY 10310 743177454 HEALTHCARE NY 501(c)(3) HOSPITAL NA Staten Island University Hospital 475 Seaview Avenue Staten Island NY 10305 112868878 HealthCare NY 501(c)(3) HOSPITAL NS-LIJ HS false false false false false false false false false false false false false false false false true false