2021-04-08T11:27:17-05:00 2020-06-30 ERNST & YOUNG US LLP 5 TIMES SQUARE NEW YORK NY 10036 990 2019-07-01 237160641 Montefiore Hospital Housing Section II Inc % EVAN RESNICK MONT 9143498474 3450 Wayne Avenue Bronx NY 10467 CHRISTOPHER S PANCZNER SECRETARY 7189206726 2021-04-07 true NICOLE M SOKOLOWSKI P01683199 2127733000 2019 2022-09-23 18:48:47Z EDWARD PFLEGING 111 EAST 210TH STREET BRONX NY 10467 6233172 false X N/A X 1969 NY MONTEFIORE HOSPITAL HOUSING SECTION II, Inc provides housing to MEDICAL RESIDENTS OF MONTEFIORE MEDICAL CENTER TO ENSURE THE CONTINUITY OF MEDICAL CARE TO THE PATIENTS SERVED. 2 0 7 0 0 0 0 0 4686720 4798828 11803 1027 1499000 1433317 6197523 6233172 0 0 0 0 597569 626421 0 0 0 4698235 4914463 5295804 5540884 901719 692288 16055606 14862403 20651679 18766188 -4596073 -3903785 MONTEFIORE HOSPITAL HOUSING SECTION II, INC. MISSION IS TO PROVIDE HOUSING TO MEDICAL RESIDENTS WORKING AT MONTEFIORE MEDICAL CENTER TO ENSURE THE CONTINUITY OF MEDICAL CARE TO THE PATIENTS SERVED. false false MONTEFIORE HOSPITAL HOUSING SECTION II, INC. OWNS AND OPERATES A RENTAL APARTMENT BUILDING NEAR MONTEFIORE MEDICAL CENTER, AN ACADEMIC MEDICAL CENTER AND PARENT COMPANY OF THE ORGANIZATION. MONTEFIORE HOSPITAL HOUSING SECTION II, INC. PROVIDES HOUSING FOR SOME OF THE MEDICAL CENTER'S RESIDENTS SO THEY CAN RESIDE IN close PROXIMITY TO THE MEDICAL CENTER TO HELP ENSURE THE CONTINUITY OF MEDICAL CARE TO THE PATIENTS SERVED. COMMERCIAL SPACE IS ALSO LEASED TO A RELATED NOT-FOR-PROFIT ORGANIZATION PROVIDING AMBULATORY RADIOLOGY SERVICES TO THE MONTEFIORE COMMUNITY. false false false false false false false true false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true X 4 0 true 7 true false false false false false false false false X 2 0 false false false false false false true true true false false true true true true true true false false false NY X EVAN RESNICK 9143498455 555 SOUTH BROADWAY BLDG A FL 1 TARRYTOWN NY 10591 CHRISTOPHER S PANCZNER SECRETARY 0.5 59.5 X X 0 1270367 26913 EDWARD PFLEGING PRESIDENT 2.0 58.0 X X 0 932879 45814 Lindsay Baker Treasurer (Resigned 11/15/19) 1.0 59.0 X X 0 351296 41772 0 2554542 114499 0 false true false Structural Preservation Systems In 39 Utter Avenue HAWTHORNE NJ 07506 Contracting Services 1010360 Quik Park Monte LLC 270 Madison Avenue NEW YORK NY 10016 Parking Services 463771 Securitas Security Services PO Box 403412 ATLANTA GA 30384 Security services 169813 APB Contracting Inc 241 Lake Street WEST HARRISON NY 10604 Contracting Services 153603 4 0 RENTAL INCOME 531110 4798828 4798828 0 0 4798828 1027 0 0 1027 0 0 399627 0 399627 0 399627 0 0 399627 0 0 0 0 0 0 0 0 0 0 PARKING INCOME 812930 954386 954386 0 0 LAUNDRY ROOM INCOME 812300 66819 66819 0 0 MISCELLANEOUS INCOME 900099 12485 12485 0 0 1033690 6233172 5832518 0 400654 0 0 0 0 0 0 480016 0 109890 36515 178689 18500 1704 0 0 0 1379838 0 415200 0 0 1990450 0 0 0 0 0 899756 17061 BAD DEBT 13240 FILING FEES 25 5540884 0 0 265040 934985 0 0 84731 41434 0 0 0 0 0 0 0 0 1101908 1133572 39134143 26733426 13181516 12400717 0 0 0 0 0 0 0 0 1422411 351695 16055606 14862403 2291259 565907 0 0 0 0 5199364 0 348276 348276 0 0 12776566 0 0 0 36214 17852005 20651679 18766188 X -4596073 -3903785 0 0 -4596073 -3903785 16055606 14862403 692288 X false true X true false false true X 590000 590000 33214650 21760650 11454000 851706 842133 9573 4477787 4130643 347144 12400717 0 DUE TO RELATED PARTIES 17852005 17852005 Part IV, Line 2b Montefiore Hospital Housing Section II, Inc. holds security deposits from tenants in an escrow account pursuant to the individual lease agreements between the tenants and the organization. These deposits are returned to the tenants once they vacate the apartment, LESS ANY AMOUNTS DUE FROM TENANTS FOR DAMAMGES OR UNPAID RENT. false true false EDWARD PFLEGING PRESIDENT 0 810845 0 100000 0 22034 0 17000 0 28814 0 978693 0 0 CHRISTOPHER S PANCZNER SECRETARY 0 903133 0 321200 0 46034 0 17000 0 9913 0 1297280 0 0 Lindsay Baker Treasurer (Resigned 11/15/19) 0 212862 0 80000 0 58434 0 14485 0 27287 0 393068 0 0 Part I, LineS 3 AND 4B & Part II-COL (C) As it relates to the compensation from Montefiore Medicine Academic Health System, Inc.: The Compensation Committee reviews and approves all forms of compensation and benefits provided to each executive (except those generally provided to all management level employees) with the assistance of a national independent compensation consulting firm. The consulting firm assists the Compensation Committee with its decision-making process to ensure executive compensation levels are reasonable and appropriate relative to those of other similar organizations. Base salaries in Column B(i) are determined based on competitive market practices for comparable positions with similar size organizations and scope of responsibilities. Bonus and incentive compensation in Column B(ii) is based on the achievement of performance goals. The executives' compensation program has a significant pay-at-risk component to ensure the alignment of pay and organizational performance. Goals are set in advance in areas such as quality of care, patient satisfaction, community services and financial performance. Compensation is at risk if the goals established by the Compensation Committee are not met. In a manner designed to qualify for the "rebuttable presumption of reasonableness" the Compensation Committee of the Montefiore's Board of Trustees expressly reviewed and approved these retirement benefit arrangements for its senior executives in a manner that qualified under the intermediate sanctions rules of the Federal tax law, and in recognition of (a) the executives' years of service to the organization and (b) the significant contributions to enhancing the ability of the organization to achieve its charitable mission in a manner consistent with financial solvency. Accordingly, this benefit should be viewed as applying to years of service for the organization. Christopher S. Panczner participated in a supplemental nonqualified retirement plan that he will become fully vested in 2020. His reportable deferred compensation for the current tax year did not include a defined benefits accrual from the plan since his first distribution will be paid out before 2.5 months after the calendar year. Part II - Compensation from related organization The officers listed in Part II are not employees of this filing organizations. All Officers of Montefiore Hospital Housing Section II, Inc. are employed and compensated by Montefiore Medicine Academic Health Sytem, Inc, the parent company of Montefiore Health System. Form 990, Part V, Line 2B ALL EMPLOYEES of the organization ARE PAID BY MONTEFIORE MEDICAL CENTER, EIN 13-1740114, THE COMMON PAYMASTER. MONTEFIORE MEDICAL CENTER ISSUES all W-2s and files all required federal employment tax returns. SALARIES are DIRECTLY ALLOCATED TO and reimbursed by the organization for its designated employees. Form 990, Part VI, Section A, Line 7B The corporation is organized under the membership corporations law and pursuant to the limited-profit housing companies law of the state of New York with the approval of the Housing and Development Administration of the City of New York. All corporate functions of this organization are subject to the provisions and limitations of such law and the rules and regulations promulgated by the Housing and Development Administration of the City of New York. Form 990, Part VI, Section B, Line 11B THE FORM 990 WAS PREPARED BY THE FINANCE DEPARTMENT OF MONTEFIORE MEDICAL CENTER AND WAS REVIEWED AND APPROVED BY the VICE PRESIDENT - FINANCE. AN INDEPENDENT PUBLIC ACCOUNTING FIRM WAS ENGAGED TO REVIEW THE FORM 990. UPON COMPLETION OF THE VARIOUS REVIEWS, THE FINAL FORM 990 WAS PRESENTED TO THE BOARD OF TRUSTEES OF MONTEFIORE HOSPITAL HOUSING SECTION II, INC. FOR APPROVAL PRIOR TO FILING. Form 990, Part VI, Section B, Line 12C: THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY MEANS OF A SURVEY THAT WAS DEVELOPED BY MONTEFIORE MEDICAL CENTER'S COUNSEL. THE MONTEFIORE HOSPITAL HOUSING SECTION II, INC. BOARD OF TRUSTEES ADOPTED THE POLICY OF MONTEFIORE MEDICAL CENTER, THE PARENT ORGANIZATION. THE POLICY STIPULATES THAT THE GENERAL APPROACH WHEN A POTENTIAL CONFLICT ARISES IS TO DISCLOSE THE POSSIBLE CONFLICT TO THE COMPLIANCE OFFICER. THE COMPLIANCE OFFICER WILL MAKE EVERY EFFORT TO PROVIDE GUIDANCE TO PERMIT RESOLUTION OF ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE COMPLIANCE OFFICER WILL TAKE APPROPRIATE ACTIONS, INCLUDING ADVISING MONTEFIORE HOSPITAL HOUSING SECTION II, INC.'S BOARD OF TRUSTEES REGARDING POTENTIAL CONFLICTS OF INTEREST. Form 990, Part VI, Section B, Line 15A & 15B THE OFFICERS PRESENTED IN PART VII AND SCHEDULE J ARE EMPLOYED AND COMPENSATED by MONTEFIORE Medicine Academic HEALTH SYSTEM, INC. and not THE filing organization. Montefiore HEALTH SYSTEM IS COMMITTED TO ENSURING THAT ITS EXECUTIVE COMPENSATION PROGRAM ADHERES TO THE HIGHEST STANDARDS OF REGULATORY COMPLIANCE AND BEST CORPORATE GOVERNANCE. THE BOARD OF TRUSTEES HAS CHARGED THE COMPENSATION COMMITTEE OF THE BOARD (WHICH IS COMPRISED OF INDEPENDENT BOARD MEMBERS WITH NO CONFLICTS OF INTEREST IN REGARDS TO EXECUTIVE COMPENSATION) WITH MAKING ALL DECISIONS RELATED TO COMPENSATION FOR the Health System's OFFICERS AND KEY EMPLOYEES. ALL DECISIONS MADE BY THE COMPENSATION COMMITTEE ARE APPROPRIATELY AND TIMELY DOCUMENTED IN MEETING MINUTES. THE COMPENSATION COMMITTEE'S REVIEW PROCESS FOLLOWS THE INTERMEDIATE SANCTIONS GUIDELINES FOR QUALIFYING FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS. THE COMMITTEE RETAINS AN INDEPENDENT COMPENSATION CONSULTANT TO ASSIST IT WITH THIS PROCESS. COMPENSATION LEVELS ARE ESTABLISHED CONSIDERING DATA FOR COMPARABLE ORGANIZATIONS, AN ASSESSMENT OF MANAGEMENT PERFORMANCE (INCLUDING THE SERVICES PROVIDED TO THE COMMUNITY), AND OTHER BUSINESS JUDGMENT FACTORS, CONSISTENT WITH MONTEFIORE'S EXECUTIVE COMPENSATION PHILOSOPHY. THE COMMITTEE'S DECISIONS ARE MADE IN THE BEST INTEREST OF the HEALTH SYSTEM, INC., AND ARE INTENDED TO ENSURE THE RECRUITMENT AND RETENTION OF KEY EXECUTIVE TALENT, CONSISTENT WITH THE MARKET PRACTICES OF OTHER NOT-FOR-PROFIT HEALTHCARE ORGANIZATIONS OF COMPARABLE SCOPE, MISSION AND COMPLEXITY. ON AN ANNUAL BASIS, THE COMMITTEE PROVIDES THE FULL BOARD OF DIRECTORS WITH A DESCRIPTION OF THE COMMITTEE'S REVIEW AND APPROVAL PROCESS AND ITS DECISIONS. Form 990, Part VI, Section C, Line 19: THE CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART IX LINE 11G DESCRIPTION:PARKING SERVICES TOTAL FEES:866325 FORM 990 PART IX LINE 11G DESCRIPTION:SECURITY TOTAL FEES:509737 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER PROFESSIONAL SERVICES TOTAL FEES:3776 MONTEFIORE MEDICAL CENTER 111 EAST 210TH STREET BRONX NY 10467 131740114 ACAD MED CNTR NY 501(C)(3) 3 MHS true MMC RESIDENTIAL CORP I INC 3411 WAYNE AVENUE BRONX NY 10467 911943271 STAFF HOUSING NY 501(C)(2) MMC true MMC CORPORATION 111 EAST 210TH STREET BRONX NY 10467 133430322 REAL ESTATE NY 501(C)(3) 12A TYPE I MMC true MOSHOLU PRESERVATION CORPORATION 3400 RESERVOIR OVAL EAST BRONX NY 10467 133109387 COMMUNITY SER NY 501(C)(3) 12A TYPE I MMC true GUN HILL MRI PC 200 EAST GUN HILL ROAD BRONX NY 10467 133734486 DIAG SERVICES NY 501(C)(3) 12A TYPE I MMC true MONTEFIORE HEALTH SYSTEM INC 555 South Broadway Tarrytown NY 10591 201615393 Support Serv NY 501(C)(3) 12B TYPE II MMAHS true MONTEFIORE NEW ROCHELLE HOSPITAL 16 GUION PLACE NEW ROCHELLE NY 10801 462931956 HOSPITAL 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