2018-11-14T18:56:32-06:00 2017-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2017-01-01 136266115 MARGARET TIETZ NURSING AND REHABILITATION CENTER MARG 7185194238 1733 EASTCHESTER ROAD BRONX NY 10461 DEBRA TIRADO CFO 7185194238 2018-11-14 1 GARRETT M HIGGINS P00543209 9143818900 2018-11-14 65.51.112.58 2018-11-14 18:56:28 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9616F4B14A694591D1E716C270910E6FA5556DA3 2017 2019-02-21 02:37:17Z X DEBRA TIRADO 1733 EASTCHESTER ROAD BRONX NY 10461 26779751 0 X WWW.MARGARETTIETZ.ORG X 1967 NY THE ORGANIZATION PROVIDES SKILLED NURSING FACILITY SERVICES. 11 9 306 171 0 0 234093 9480 26304555 26616485 34468 58400 43964 95386 26617080 26779751 51000 28361 0 0 16811148 17649353 0 0 0 12149485 11605074 29011633 29282788 -2394553 -2503037 28588858 28050417 19422286 21386882 9166572 6663535 X MARGARET TIETZ NURSING AND REHABILITATION CENTER (MARGARET TIETZ) OPERATES A 200 BED SKILLED NURSING FACILITY WHICH SERVES THE DIVERSE POPULATION IN WHICH IT OPERATES. IT OFFERS THE HIGHEST QUALITY OF SERVICES AND HAS WORKED TO FULFILL ITS MISSION OF CARING FOR THE CHRONICALLY ILL AND DISABLED IN THE COMMUNITY. 0 0 24347427 28361 26616485 A 200 BED SKILLED NURSING FACILITY PROVIDED 66,985 DAYS OF CARE FOR THE CHRONICALLY ILL AND DISABLED IN THE COMMUNITY FOR THE YEAR ENDED DECEMBER 31, 2017. THERE WERE 696 ADMISSIONS AND 696 DISCHARGES DURING THE YEAR. THE SKILLED NURSING FACILITY'S SERVICES INCLUDE LONG-TERM MEDICAL CARE AND REHABILITATION, POSTACUTE CARE SERVICES FOR TRANSITIONING FROM HOSPITAL TO HOME, AND A PARTICULAR FOCUS ON STROKE REHABILITATION AND ON CARING FOR MEN AND WOMEN STRUGGLING AGAINST THE EFFECTS OF ALZHEIMER'S DISEASE, DEMENTIA, AND OTHER DISABLING CONDITIONS OF AGING. SEE PART IX FOR THE STATEMENT OF FUNCTIONAL EXPENSES. 24347427 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 156 0 306 1 0 0 0 0 0 0 0 0 0 0 X 11 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X JOHN KEHOE VP CORP FISCAL SERVICES 7182391405 1733 EASTCHESTER ROAD BRONX NY 10461 MICHAEL R POTACK CHAIRMAN 0.50 6.00 X X 0 0 0 HARVEY ISHOFSKY VICE CHAIRMAN 0.50 6.00 X X 0 0 0 MYRON SCHLANGER SECRETARY 0.50 6.00 X X 0 0 0 KENNETH ZUCKERBROT ASSISTANT SECRETARY 0.50 6.00 X X 0 0 0 MARK WEINSTEIN TREASURER 0.50 6.00 X X 0 0 0 RUSSELL D FISHER TRUSTEE 0.50 6.00 X 0 0 0 NEIL HEYMAN TRUSTEE 0.50 6.00 X 0 0 0 JARLATH JOHNSTON TRUSTEE 0.50 6.00 X 0 0 0 STEVEN KANTOR DDS TRUSTEE 0.50 6.00 X 0 0 0 WILLIAM LISS-LEVINSON PHD TRUSTEE 0.50 6.00 X 0 0 0 ROSEMARIE A LOFFREDO TRUSTEE (THRU 06/17) 0.50 6.00 X 0 0 0 STEVEN D PRAGER TRUSTEE (THRU 10/17) 0.50 6.00 X 0 0 0 EDWIN H STERN III TRUSTEE (THRU 06/17) 0.50 6.00 X 0 0 0 BENJAMIN C DUSTER IV PRESIDENT/CEO 1.25 33.75 X X 34270 925311 20376 MARY SHINHAM CFO (THRU 03/3/17) 1.25 33.75 X 6371 172008 7868 DEBRA TIRADO CFO 1.25 33.75 X 9869 266464 29341 PAUL ROSENFELD EXEC VP LONG TERM CARE 1.25 33.75 X 19887 536933 116823 PASQUALE DEBENEDICTIS CFO (THRU 10/1/17) 7.00 28.00 X 41081 162129 0 ALEX SOLOVEY COO (THRU 10/1/17) 7.00 28.00 X 41081 162129 0 KAREN EASTMOND CHIEF COMPLIANCE OFFICER 1.25 33.75 X 11740 316986 33111 JOHN J KEHOE VP CORP FISCAL SERVICES 1.25 33.75 X 9812 264906 50747 DAVID S MOJICA CRPO & SVP 1.25 33.75 X 9390 253530 28252 STACEY S JOHNSTON VP REAL EST MGMT, SPEC PROJ. 1.25 33.75 X 7174 193680 46700 ALVIN EMPALMADO VP CENTER OPERATIONS 1.25 33.75 X 7445 200997 38106 MICHAEL S FASSLER FORMER PRESIDENT/CEO 0.00 0.00 X 57143 1542857 2650000 GLENN COUROUNIS FORMER SR VP/CHIEF HR OFFICER 0.00 0.00 X 8008 216223 0 263271 5214153 3021324 7 1 1 0 CASSENA CARE LLC 225 CROSSWAYS PARK DRIVE WOODBURY NY 11797 REHAB SERVICES 634506 THERADYNAMICS REHAB MGMT LLC 225 CROSSWAYS PARK DRIVE WOODBURY NY 11797 REHAB MGMT SERVICES 420528 UNITEX TEXTILE RENTAL SERVICES 401 S MANQUESTEN PARKWAY MT VERNON NY 10550 LAUNDRY SERVICES 130016 US FOOD SERVICE PO BOX 642554 PITTSBURGH PA 152642554 FOOD SERVICES 129956 SBETRAM INC PO BOX 830 LAKEWOOD NJ 08701 FOOD SERVICES 128397 10 9480 9480 MEDICAID 623000 14537122 14537122 MEDICARE 623000 8401840 8401840 PRIVATE, PATIENT, AND OTHER 623000 3677523 3677523 26616485 57605 57605 795 795 REBATES AND REFUNDS 900099 60152 60152 MEDICAL RECORDS 900099 17937 17937 MISCELLANEOUS 900099 13600 13600 3697 3697 95386 26779751 26616485 0 153786 28361 28361 158787 135747 23040 1577367 907346 670021 11317880 9675672 1642208 828978 708694 120284 2661605 2275410 386195 1104736 944440 160296 70803 70803 99598 99598 2725098 2006515 718583 65790 56244 9546 594099 416862 177237 1866833 1595958 270875 15443 13202 2241 568 486 82 1432555 1224693 207862 784878 670993 113885 BAD DEBT EXPENSE 1034138 1034138 NYS CASH RECEIPTS ASSES 912191 912191 DIETARY EXPENSES 734727 628119 106608 MEDICAL SUPPLIES 709517 606567 102950 558836 505789 53047 29282788 24347427 4935361 0 1721439 1977476 1757776 1749099 5967156 5948498 129461 0 62685 52073 41696595 26487900 16374111 15208695 2576230 3114576 28588858 28050417 2491670 2981376 12412377 12090537 47942 63755 4470297 6251214 19422286 21386882 X 9166572 6663535 9166572 6663535 28588858 28050417 -2503037 0 X X 0 1 X 1 0 X 624335 721815 1744285 234093 9480 3334008 28635798 25414096 26359620 26304555 26616485 133330554 29260133 26135911 28103905 26538648 26625965 136664562 0 0 0 136664562 2428 11429 31369 34468 58400 138094 2428 11429 31369 34468 58400 138094 34196 32451 29815 43964 95386 235812 29296757 26179791 28165089 26617080 26779751 137038468 0.99730 0.99790 0.00100 0.00060 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: EMPLOYEE CAFETERIA - 2013 AMOUNT: $ 3,863. 2014 AMOUNT: $ 1,256. 2015 AMOUNT: $ 1,904. 2016 AMOUNT: $ 1,409. 2017 AMOUNT: $ 546. VENDING MACHINES - 2013 AMOUNT: $ 2,796. 2014 AMOUNT: $ 2,838. 2015 AMOUNT: $ 2,551. 2016 AMOUNT: $ 2,390. MEDICAL RECORDS - 2015 AMOUNT: $ 17,804. 2016 AMOUNT: $ 17,606. 2017 AMOUNT: $ 17,937. PURCHASE DISCOUNTS - 2015 AMOUNT: $ 5,779. 2016 AMOUNT: $ 5,231. 2017 AMOUNT: $ 1,733. MISCELLANEOUS - 2013 AMOUNT: $ 27,537. 2014 AMOUNT: $ 28,357. 2015 AMOUNT: $ 1,777. 2016 AMOUNT: $ 17,328. 2017 AMOUNT: $ 13,600. SHOP INCOME - 2017 AMOUNT: $ 1,418. REBATES AND REFUNDS - 2017 AMOUNT: $ 60,152. 0 1 X 400000 400000 28890672 15078585 13812087 12123502 11173595 949907 282421 235720 46701 15208695 RESIDENT FUNDS HELD IN TRUST 63755 DUE FROM THIRD PARTY PAYORS 701030 DUE FROM RELATED PARTIES 150791 INSURANCE RECOVERY RECEIVABLE 2199000 3114576 DUE TO RELATED PARTIES 1292914 DUE TO THIRD PARTY PAYORS 2755472 PROFESSIONAL AND SIMILAR LIABILITIES 2199000 CAPITAL LEASE OBLIGATIONS 3828 6251214 X 26764812 0 26764812 14939 14939 26779751 29267849 0 29267849 14939 14939 29282788 PART IV, LINE 2B: RESIDENTS' FUNDS ARE HELD BY MT ON BEHALF OF THE RESIDENTS. SUCH FUNDS REPRESENT ALLOWANCES RECEIVED BY RESIDENTS AS WELL AS OTHER RESIDENTS' FUNDS DEPOSITED WITH MT FOR SAFEKEEPING. THESE FUNDS ARE DISBURSED BY MT AT THE REQUEST OF, OR ON BEHALF OF, RESIDENTS FOR THEIR PURSONAL USE. PART X, LINE 2: MT RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT MT HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. MT IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2014. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSET 14,939. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSET 14,939. 1 NEW YORK PRESBYTERIAN 506 SIXTH STREET BROOKLYN NY 11215 111631796 501(C)(3) 15000 DINNER SPONSORSHIP 1 0 PART I, LINE 2: THE ORGANIZATION ATTENDED AN ANNUAL GALA OF A 501(C)(3) ORGANIZATION WHO HELPS THE SAME CHARITABLE CLASS OF INDIVIDUALS AS THE ORGANIZATION. 1 1 0 0 0 0 0 0 0 BENJAMIN C DUSTER IV PRESIDENT/CEO 34156 922220 0 0 114 3091 0 0 728 19648 34998 944959 0 0 MARY SHINHAM CFO (THRU 03/3/17) 2626 70899 0 0 3745 101109 185 4998 96 2589 6652 179595 0 0 DEBRA TIRADO CFO 9623 259818 0 0 246 6646 675 18225 373 10068 10917 294757 0 0 PAUL ROSENFELD EXEC VP LONG TERM CARE 18427 497524 0 0 1460 39409 2925 78975 1247 33676 24059 649584 0 0 PASQUALE DEBENEDICTIS CFO (THRU 10/1/17) 41081 162129 0 0 0 0 0 0 0 0 41081 162129 0 0 ALEX SOLOVEY COO (THRU 10/1/17) 41081 162129 0 0 0 0 0 0 0 0 41081 162129 0 0 KAREN EASTMOND CHIEF COMPLIANCE OFFICER 10277 277491 0 0 1463 39495 775 20925 408 11003 12923 348914 0 0 JOHN J KEHOE VP CORP FISCAL SERVICES 7758 209460 1398 37742 656 17704 643 17357 1170 31577 11625 313840 0 0 DAVID S MOJICA CRPO & SVP 8952 241712 0 0 438 11818 633 17082 376 10161 10399 280773 0 0 STACEY S JOHNSTON VP REAL EST MGMT, SPEC PROJ. 6894 186130 0 0 280 7550 500 13500 1168 31532 8842 238712 0 0 ALVIN EMPALMADO VP CENTER OPERATIONS 7140 192772 0 0 305 8225 518 13973 843 22772 8806 237742 0 0 MICHAEL S FASSLER FORMER PRESIDENT/CEO 0 0 0 0 57143 1542857 94643 2555357 0 0 151786 4098214 0 0 GLENN COUROUNIS FORMER SR VP/CHIEF HR OFFICER 0 0 0 0 8008 216223 0 0 0 0 8008 216223 0 0 PART I, LINE 3 THE SALARIES FOR THE EXECUTIVES ARE DETERMINED BY THE PARENT COMPANY, CENTERLIGHT HEALTH SYSTEM, INC. THE METHODS UTILIZED INCLUDE: A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANTS, COMPARING TO THE FORM 990'S OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS OR STUDIES, AND APPROVAL BY THE COMPENSATION COMMITTEE OF THE BOARD. PART I, LINES 4A-B THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENT IN HIS OR HER 2017 W-2 FROM THE REPORTING ORGANIZATION AND RELATED PARTIES TOTALING: MICHAEL S. FASSLER, FORMER PRESIDENT/CEO - $1,600,000 GLENN COUROUNIS, FORMER SR. VP/CHIEF HR OFFICER - $224,231 PAUL ROSENFELD, EXECUTIVE VP OF LONG TERM CARE, AND KAREN EASTMOND, CHIEF COMPLIANCE OFFICER, BOTH PARTICIPATED IN A SUPPLEMENTAL, NON-QUALIFIED RETIREMENT PLAN. THERE WERE NO DISTRIBUTIONS FROM THE PLAN IN 2017. PAUL AND KAREN RECEIVED A CONTRIBUTION FROM THE PLAN IN 2017 IN THE AMOUNTS OF $63,000 AND $2,800, RESPECTIVELY, FROM THE FILING ORGANIZATION AND RELATED ORGANIZATIONS. A NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY 132906040 649438GT9 2008-01-23 18965000 REFUND PRIOR ISSUES (9/17/98 & 11/08/07) AND RENOVATION OF FACILITY 0 0 0 A 6874463 19124081 1749099 2598715 2010 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 1 0 0 0 0 0 A 0 SCHEDULE K, PART IV, ABITRAGE, LINE 2C: DATE THE REBATE COMPUTATION WAS PERFORMED: 12/31/2012 SCHEDULE K, PART II, PROCEEDS, LINE 3: THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN E, DUE TO INVESTMENT EARNINGS. UNITEX TEXTILE RENTAL SERVICES INC MICHAEL R. POTACK IS THE MAJORITY OWNER OF UNITEX TEXTILE RENTAL 130016 UNITEX PREOVIDES LAUNDRY SERVCIES TO THE FACILITY 0 CASSENA CARE LLC PASQUALE DEBENEDICTIS AND ALEX SOLOVEY ARE THE OWNERS OF THE LLC 634506 CASSENA PROVIDES MANAGEMENT AND CONSULTING SERVICES TO THE FACILITY 0 LI SCRIPT LLC PASQUALE DEBENEDICTIS AND ALEX SOLOVEY ARE THE OWNERS OF THE LLC 283462 LI SCRIPT IS A LONG TERM CARE VENDOR PHARMACY THAT SUPPLIES FACILITIES WITH ESSENTIAL PRESCRIPTION AND OVER-THE-COUNTER MEDICATIONS 0 THERADYNAMICS LLC PASQUALE DEBENEDICTIS AND ALEX SOLOVEY ARE THE OWNERS OF THE LLC 420528 THERADYNAMICS OFFERS A FULL SUITE OF REHAB SUPPORT SERVICES INCLUSIVE OF CONSULTING SERVICES, STAFFING AND ACCESS TO REHAB MANAGEMENT SOFTWARE. 0 FORM 990, PART VI, SECTION A, LINE 3 MARGARET TIETZ PURCHASED MANAGEMENT SERVICES FROM CASSENA CARE, LLC, AN UNRELATED ORGANIZATION. THE MANAGEMENT COMPANY PROVIDED SERVICES WHICH INCLUDED CONSULTING AND ADMINISTRATIVE SERVICES. THE AMOUNT OF MANAGEMENT SERVICES PURCHASED FOR THE YEAR ENDING DECEMBER 31, 2017 WAS $634,506. FORM 990, PART VI, SECTION A, LINE 6 CENTERLIGHT HEALTH SYSTEM, INC. IS THE SOLE MEMBER OF MARGARET TIETZ NURSING AND REHABILITATION CENTER. FORM 990, PART VI, SECTION A, LINE 7A CENTERLIGHT HEALTH SYSTEM, INC. MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE APPROVAL OF THE MEMBER SHALL BE REQUIRED FOR ALL ACTIONS OF THE CORPORATION FOR WHICH MEMBER APPROVAL IS REQUIRED UNDER THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW YORK. WITHOUT LIMITING THE FOREGOING OR ANY OTHER PROVISION OF THESE BYLAWS, THE APPROVAL OF THE MEMBER SHALL BE REQUIRED FOR THE CORPORATION TO: (A) EFFECT A MERGER, CONSOLIDATION, REORGANIZATION, OR SALE OR OTHER DISPOSITION OF THE CORPORATION OR ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS; (B) EFFECT ANY DISSOLUTION, LIQUIDATION OR OTHER WINDING UP OF THE CORPORATION OR THE CESSATION OF ALL OR A SUBSTANTIAL PART OF THE BUSINESS OF THE CORPORATION; (C) AMEND THE CORPORATION'S CERTIFICATE OF LNCORPORATION OR BY-LAWS; (D) EFFECT A MATERIAL CHANGE IN THE CORPORATION'S BUSINESS; (E) INCREASE THE NUMBER OF DIRECTORS OR CHANGE THE TERM OF THE DIRECTORS ON THE CORPORATION'S BOARD OF DIRECTORS; (F) CREATE ANY MORTGAGE, PLEDGE OR OTHER SECURITY INTEREST IN ALL SUBSTANTIALLY ALL OF THE ASSETS OR PROPERTY OF THE CORPORATION OTHER THAN IN THE ORDINARY COURSE OF BUSINESS; (G) MAKE ANY GUARANTEE OR BECOME A SPONSOR, OTHER THAN IN THE ORDINARY COURSE OF BUSINESS; OR (H) MAKE ANY CHANGE THAT WOULD RESULT IN THE TRANSFER OF ULTIMATE VOTING CONTROL OF THE CORPORATION TO ANOTHER PERSON OR ENTITY OTHER THAN THE MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B 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 CFO AND THE CORPORATE VP OF 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 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. 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 DIRECTORS' 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 C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CENTERLIGHT HEALTH SYSTEM INC 1733 EASTCHESTER ROAD BRONX NY 10461 133323765 TO SUPPORT HEALTHCARE SERVICES NY 501(C)(3) LINE 12B, II N/A 0 CENTERLIGHT HEALTHCARE INC 1733 EASTCHESTER ROAD BRONX NY 10461 133600807 MANAGED CARE NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 TBM HOUSING DEVELOPMENT FUND COMPANY INC 1733 EASTCHESTER ROAD BRONX NY 10461 133227442 HOUSING FOR THE ELDERLY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 BETH ABRAHAM HOUSING DEVELOPMENT FUND COMPANY INC 1733 EASTCHESTER ROAD BRONX NY 10461 133067236 HOUSING FOR THE ELDERLY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 PARK HOUSING DEVELOPMENT FUND COMPANY INC 1733 EASTCHESTER ROAD BRONX NY 10461 133566484 HOUSING FOR THE ELDERLY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 BEST CHOICE HOME HEALTH CARE INC 1733 EASTCHESTER ROAD BRONX NY 10461 133889937 HOME CARE NY 501(C)(3) LINE 12B, II CENTERLIGHT HEALTH SYSTEM INC 0 MVP HOUSING DEVELOPMENT FUND COMPANY INC 1733 EASTCHESTER ROAD BRONX NY 10461 133760575 HOUSING FOR THE ELDERLY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 SCHNURMACHER CENTER FOR REHABILITATION 1733 EASTCHESTER ROAD BRONX NY 10461 133482590 SKILLED NURSING FACILITY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 ALL THINGS RELATIVE INC 1733 EASTCHESTER ROAD BRONX NY 10461 133482335 MANAGE GERIATRIC CARE OF ELDERLY NY 501(C)(3) PF BETH ABRAHAM HEALTH SERVICES 0 BETH ABRAHAM HEALTH SERVICES 1733 EASTCHESTER ROAD BRONX NY 10461 131739920 SKILLED NURSING FACILITY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 CENTER FOR NURSING AND REHABILITATION INC 1733 EASTCHESTER ROAD BRONX NY 10461 112289702 SKILLED NURSING FACILITY NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 BETH ABRAHAM - CNR FOUNDATION INC 1733 EASTCHESTER ROAD BRONX NY 10461 113284763 FUNDRAISING NY 501(C)(3) LINE 7 CENTERLIGHT HEALTH SYSTEM INC 0 CENTERLIGHT HEALTHCARE DIAGNOSTIC AND TREATMENT CENTER INC 1733 EASTCHESTER ROAD BRONX NY 10461 133631727 DIAGNOSTIC TREATMENT CENTER NY 501(C)(3) LINE 12A, I CENTERLIGHT HEALTHCARE INC 0 CL HEALTHCARE INC 1733 EASTCHESTER ROAD BRONX NY 10461 460833951 HOME CARE NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 CENTERLIGHT CERTIFIED HOME HEALTH AGENCY 1733 EASTCHESTER ROAD BRONX NY 10461 461840894 HOME CARE NY 501(C)(3) LINE 10 CENTERLIGHT HEALTH SYSTEM INC 0 SCHEUER GARDENS LP 1733 EASTCHESTER ROAD BRONX NY 10461 900894600 AFFORDABLE HOUSING NY SCHEUER GARDENS GP INC RELATED 0 0 SCHEUER PLAZA LP 1733 EASTCHESTER ROAD BRONX NY 10461 320390482 AFFORDABLE HOUSING NY SCHEUER PLAZA GP INC RELATED 0 0 BETH ABRAHAM MANAGEMENT SOLUTIONS 1733 EASTCHESTER ROAD BRONX NY 10461 134128549 TO MANAGE NURSING FACILITIES UNDER RECEIVERSHIP NY BETH ABRAHAM HEALTH SERVICES C 0 SCHEUER GARDENS GP INC 1733 EASTCHESTER ROAD BRONX NY 10461 461126473 REAL ESTATE NY N/A C 0 SCHEUER PLAZA GP INC 1733 EASTCHESTER ROAD BRONX NY 10461 461126614 REAL ESTATE NY N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0