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THE NEW CLINICAL PROGRAM: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
THE NEW CLINICAL PROGRAM (EIN 06-1565494)
Tax period
2022-07-01 to 2022-09-30
Filed
2023-07-11
IRS object ID
202331929349300818
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-07-11T08:44:41-05:00ReturnTs
Tax Period End2022-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135565207PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1345 PARK AVEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10154ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061565494EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE NEW CLINICAL PROGRAMBusinessNameLine1Txt
Business Name Line2DEVELOPMENT CORPORATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlNEWCBusinessNameControlTxt
Phone2036880580PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1789 HOWARD AVENUEAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06519ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGAIL W KOSYLAPersonNm
Person TitleEVP, CFOPersonTitleTxt
Phone2036880580PhoneNum
Signature2023-07-11SignatureDt
Discuss With Paid Preparer0DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGAILPersonFirstNm
Person LastKOSYLAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEVAN W SEEKAMPPreparerPersonNm
PTINP01907071PTIN
Phone2127589700PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKEITH CHURCHWELLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1789 HOWARD AVE MCS-2AddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06519ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$40,000,013GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressNONEWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionTO PROVIDE SUPPORT FOR THE DEVELOPMENT OF NEW AND INNOVATIVE CLINICAL PROGRAMS AND SERVICES THAT WILL ENHANCE THE RENDERING OF PATIENT CARE AT THE YALE UNIVERSITY SCHOOL OF MEDICINE AND YALE NEW HAVEN HOSPITAL.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$40,000,000PYContributionsGrantsAmt
CY Contributions Grants$40,000,000CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$2PYInvestmentIncomeAmt
CY Investment Income$13CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$40,000,002PYTotalRevenueAmt
CY Total Revenue$40,000,013CYTotalRevenueAmt
PY Grants And Similar Paid$40,000,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$40,000,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$0PYOtherExpensesAmt
CY Other Expenses$0CYOtherExpensesAmt
PY Total Expenses$40,000,000PYTotalExpensesAmt
CY Total Expenses$40,000,000CYTotalExpensesAmt
PY Revenues Less Expenses$2PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$13CYRevenuesLessExpensesAmt
Total Assets BOY$5,063TotalAssetsBOYAmt
Total Assets EOY$5,076TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,063NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,076NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE SUPPORT FOR THE DEVELOPMENT OF NEW AND INNOVATIVE CLINICAL PROGRAMS AND SERVICES THAT WILL ENHANCE THE RENDERING OF PATIENT CARE AT THE YALE UNIVERSITY SCHOOL OF MEDICINE AND YALE NEW HAVEN HOSPITAL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$40,000,000ExpenseAmt
Grant$40,000,000GrantAmt
Revenue$40,000,000RevenueAmt
DescTO SUPPORT THE RENOVATION OF THE NEUROSCIENCES BED TOWER CONSTRUCTION AROUND YALE NEW HAVEN HOSPITAL SAINT RAPHAEL CAMPUS.Desc
Total Program Service Expenses$40,000,000TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VERNETTE GRAYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2036889585PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1789 HOWARD AVEAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06519ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
KEITH CHURCHWELL
PRESIDENT & DIRECTOR1.00Yes (X)Yes (X)$0$0$0
BABAR KHOKHAR
CHAIRMAN & DIRECTOR1.00Yes (X)Yes (X)$0$0$0
ARNIM DONTES
SECRETARY & DIRECTOR1.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$40,000,000AllOtherContributionsAmt
Total Contributions$40,000,000TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$13TotalRevenueColumnAmt
Exclusion$13ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$40,000,013TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$13ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$40,000,000TotalAmt
Program Services$40,000,000ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$40,000,000TotalAmt
Program Services$40,000,000ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,063BOYAmt
EOY$5,076EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,063BOYAmt
EOY$5,076EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,063BOYAmt
EOY$5,076EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,063BOYAmt
EOY$5,076EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,063BOYAmt
EOY$5,076EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$13ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$40,000,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$40,000,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$40,000,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$40,000,000CurrentTaxYearMinus1YearAmt
Current Tax Year$40,000,000CurrentTaxYearAmt
Total$200,000,000TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$40,000,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$40,000,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$40,000,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$40,000,000CurrentTaxYearMinus1YearAmt
Current Tax Year$40,000,000CurrentTaxYearAmt
Total$200,000,000TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$200,000,000PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$59CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2CurrentTaxYearMinus1YearAmt
Current Tax Year$13CurrentTaxYearAmt
Total$76TotalAmt
FieldValueIRS element (for citing)
Total Support$200,000,076TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, SHORT YEAR EXPLANATION:FormAndLineReferenceDesc
ExplanationTHE NEW CLINICAL PROGRAM DEVELOPMENT CORPORATION CHANGED ITS 6/30 FISCAL YEAR END TO A 9/30 FISCAL YEAR END. THE AMOUNTS REPORTED IN PART III REFLECT ONLY SUPPORT RECEIVED FROM 7/1/2022 TO 9/30/2022.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1YALE NEW HAVEN HOSPITAL (SRC BED TOWER GRANT)BusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 YORK STREETAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06510ZIPCd
FieldValueIRS element (for citing)
Recipient EIN060646652RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$40,000,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantSUPPORT MISSIONPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE MISSION OF THE NEW CLINICAL PROGRAM DEVELOPMENT CORPORATION ("THE CORPORATION") IS TO ESTABLISH AND ADMINISTER A FUND FOR THE SUPPORT OF NEW CLINICAL PROGRAMS AT YALE NEW HAVEN HOSPITAL TO ENHANCE THE QUALITY AND SCOPE OF CLINICAL SERVICES AVAILABLE TO PATIENTS. IN KEEPING WITH THIS MISSION, EACH YEAR, THE BOARD OF THE CORPORATION APPROVES THE FUNDING OF THE NEW CLINICAL PROGRAMS THAT IT DEEMS TO MEET THIS GOAL. THE BOARD OF THE CORPORATION, IS COMPRISED EQUALLY OF REPRESENTATIVES FROM BOTH YALE NEW HAVEN HOSPITAL AND YALE UNIVERSITY; THUS EACH ORGANIZATION HAS AN EQUAL SAY IN HOW THE FUNDS WILL BE ADMINISTERED AND DISTRIBUTED. ALL FUNDING PAYMENTS ARE AUTHORIZED BY THE TREASURER OF THE CORPORATION. YALE NEW HAVEN HEALTH SYSTEM FINANCE PREPARES ALL FINANCIAL STATEMENTS AND ANALYSIS RELATING TO THIS FUNDING IN A MANNER CONSISTENT WITH THE OVERALL PROCESS IN PLACE AT YALE NEW HAVEN HOSPITAL.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1APART I, LINE 4 & PART VI, LINE 1B NUMBER OF INDEPENDENT VOTING MEMBERS OF THE GOVERNING BODY THE ORGANIZATION SOUGHT TO CONFIRM THE INDEPENDENCE OF EACH VOTING MEMBER OF ITS GOVERNING BODY BY REQUESTING THAT EACH SUCH VOTING MEMBER RESPOND TO A QUESTIONNAIRE CONTAINING THE PERTINENT INSTRUCTIONS AND DEFINITIONS AND DESIGNED TO ELICIT THE INFORMATION NECESSARY TO DETERMINE INDEPENDENCE. BASED ON RESPONSES TO THE QUESTIONNAIRES RECEIVED BY THE ORGANIZATION AND ANNUAL CONFLICTS OF INTEREST DISCLOSURES, THE ORGANIZATION WAS ABLE TO CONFIRM THAT ALL VOTING MEMBERS ARE INDEPENDENT.
FORM 990, PART VI, SECTION A, LINE 2TWO OF THE ORGANIZATION'S TRUSTEES WHO SERVED DURING THE FISCAL YEAR ARE EMPLOYED BY YALE NEW HAVEN HEALTH SERVICES CORPORATION AND ONE IS EMPLOYED BY YALE UNIVERSITY.
FORM 990, PART VI, SECTION B, LINE 11BTHIS FORM 990 AND ATTACHED SCHEDULES WERE PREPARED BY EMPLOYEES OF THE SYSTEM'S TAX DEPARTMENT. UPON COMPLETION, THE RETURN IS REVIEWED BY KPMG LLP AND SUBSEQUENTLY REVIEWED BY THE SYSTEM'S EXECUTIVE DIRECTOR OF FINANCE. AFTER ALL NECESSARY REVISIONS ARE MADE, THE RETURN IS REVIEWED BY THE EXEC. VICE PRESIDENT AND CHIEF FINANCIAL OFFICER OF YALE NEW HAVEN HEALTH SERVICES CORPORATION, WHO HAS SIGNATURE AUTHORITY FOR THE ORGANIZATION AND SENT BACK TO KPMG LLP FOR FINAL REVIEW. IN ADDITION, THE FINAL RETURN IS PROVIDED TO THE BOARD PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE NEW CLINICAL PROGRAM DEVELOPMENT CORPORATION CONFLICT OF INTEREST POLICY APPLIES TO ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. THESE "INTERESTED PERSONS" ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. AFTER DISCLOSURE OF FINANCIAL INTEREST AND ALL MATERIAL FACTS, THE GOVERNING BOARD OR COMMITTEE SHALL DECIDE, IN THE ABSENCE OF THE INTERESTED PERSON, IF A CONFLICT OF INTEREST EXISTS. AFTER EXERCISING ANY DUE DILIGENCE, THE GOVERNING BOARD SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT NOT PRODUCING A CONFLICT OF INTEREST IS NOT REASONABLY POSSIBLE UNDER THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER TO ENTER THE TRANSACTION OR ARRANGEMENT. IF VIOLATIONS OF THE CONFLICT OF INTEREST POLICY ARISES, THE BOARD SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINES 13 & 14: THE ORGANIZATION HAS ADOPTED THE DOCUMENT RETENTION AND WHISTLEBLOWER POLICIES APPROVED BY BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, INCLUDING ITS APPLICATION FOR RECOGNITION OF TAX-EXEMPT STATUS (FORM 1023), AND ANNUAL RETURNS (FORM 990) AVAILABLE UPON REQUEST. THE ANNUAL RETURNS, FINANCIAL STATEMENTS AND FORM 1023 ARE MAINTAINED BY THE SYSTEM TAX DEPARTMENT. THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MAINTAINED BY THE SYSTEM'S LEGAL AND RISK SERVICES DEPARTMENT.