2016-11-13T15:37:00-07:00 2015-12-31 990 2015-01-01 131740117 Sound Shore Medical Center SOUN 5163932511 16 Guion Place New Rochelle NY 10801 Monica Terrano Plan Administrator 5163932511 2016-11-13 2015 2017-02-10 21:41:12Z Monica Terrano 16 Guion Place New Rochelle NY 10801 1032042 0 X X 1940 NY SOUND SHORE MEDICAL CENTER WAS FORMERLY AN INTEGRATED HEALTH CARE SYSTEM PROVIDING HIGH QUALITY, ACCESSIBLE, AND AFFORDABLE HEALTH CARE THROUGHOUT THE COMMUNITY IT SERVED. THE ORGANIZATION IS IN THE PROCESS OF A CHAPTER 11 BANKRUPTCY LIQUIDATION. THE SOUND SHORE MEDICAL CENTER ASSETS WERE SOLD ON NOVEMBER 5, 2013 AND SERVICE OPERATIONS CLOSED AS OF THAT DAY. 1 1 0 0 1032042 0 0 0 0 0 97297 12893 692209 1019149 789506 1032042 0 0 0 0 76035 116000 0 0 0 4332299 1554612 4408334 1670612 -3618828 -638570 48324717 38041722 123063163 113418738 -74738446 -75377016 X SOUND SHORE MEDICAL CENTER WAS FORMERLY AN INTEGRATED HEALTH CARE SYSTEM PROVIDING HIGH QUALITY, ACCESSIBLE, AND AFFORDABLE HEALTH CARE THROUGHOUT THE COMMUNITY IT SERVED. THE ORGANIZATION IS IN THE PROCESS OF A CHAPTER 11 BANKRUPTCY LIQUIDATION. THE SOUND SHORE MEDICAL CENTER ASSETS WERE SOLD ON NOVEMBER 5, 2013 AND SERVICE OPERATIONS CLOSED AS OF THAT DAY. 0 1 0 0 0 PROGRAM SERVICES WERE DISCONTINUED AS OF NOVEMBER 5, 2013. 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 1 1 0 0 0 1 23 0 1 0 0 0 0 0 0 0 X 1 1 0 1 0 0 0 1 0 1 1 0 0 1 0 1 1 1 0 0 NY X Monica Terrano 5163932511 16 Guion Place New Rochelle NY 10801 Monica Terrano Plan Administrator 20 20 X 116000 11440 0 116000 11440 0 1 0 0 0 GARFUNKEL WILD PC 111 GREAT NECK ROAD GREAT NECK NY 11021 LEGAL SERVICES 342745 THE GARDEN CITY GROUP 1985 MARCUS AVENUE NEW YORK NY 11042 BANKRUPTCY FEES 348395 LAMONICA HERBST & MANISCALCO LLP 3305 JERUSALEM AVENUE WANTAGH NY 11793 LEGAL SERVICES 171635 PRICEWATERHOUSE COOPERS LLP 300 MADISON AVENUE 20TH FLOOR NEW YORK NY 10017 AUDIT FEES 559814 ALSTON & BIRD 90 PARK AVENUE FLOOR 12 NEW YORK NY 10022 BANKRUPTCY FEES 213978 5 0 0 12893 0 12893 0 0 0 0 0 0 0 0 0 0 0 0 0 REFUNDS 900099 306369 0 306369 0 PREFERENCE PAYMENTS 900099 712780 0 712780 0 0 0 0 0 1019149 1032042 0 1032042 0 116000 116000 147783 0 147783 0 39280 39280 25000 0 25000 0 BANKRUPTCY FEES 1169149 0 1169149 0 US TRUSTEE FEES 23400 0 23400 0 BAD DEBT EXPENSE 150000 0 150000 0 1670612 0 1670612 0 15607117 5451939 133534 21796 32584066 32567987 48324717 38041722 42178801 52419277 16453540 16453540 64430822 44545921 123063163 113418738 X -91284514 -91923085 231571 231572 16314497 16314497 -74738446 -75377016 48324717 38041722 -638570 X 0 0 0 X 16314497 0 0 0 0 0 16314497 16314497 0 0 0 0 0 16314497 15019725 0 1294772 0 0 0 16314497 14087017 0 932707 0 0 0 15019724 13548159 0 538858 0 0 0 14087017 0 1 0 0 0 MALPRACTICE INSURANCE RECEIVABLE 10690000 DUE FROM THIRD PARTIES 3507306 PERMANENTLY RESTRICTED ASSETS 16314497 OTHER PROGRAM RECEIVABLES 2056184 32567987 DUE TO AFFILIATES 27535546 DUE TO THIRD PARTY PAYORS 10474303 DEFERRED POST RETIREMENT 4983448 DEFERRED PENSION COSTS 1258400 CAPITAL LEASES -83826 ASSET RETIREMENT OBLIGATION 378050 44545921 Schedule D, Part V, Line 4 THE ORGANIZATIONS ENDOWMENT FUNDS HAVE BEEN TRANSFERRED OR ARE IN THE PROCESS OF BEING TRANSFERRED TO APPROPRIATE PARTIES AS PART OF THE WIND DOWN PROCESS FOR SOUND SHORE MEDICAL CENTER. Form 990, Part I, Line 1 SOUND SHORE MEDICAL CENTER OF WESTCHESTER HAS FORMED AN INTEGRATED HEALTH SYSTEM WHICH IS THE CENTER OF HIGH QUALITY , ACCESSIBLE AND AFFORDABLE HEALTH CARE THROUGHOUT OUR REGION. THE ORGANIZATION IS IN THE PROCESS OF WINDING UP OPERATIONS. THE SOUND SHORE MEDICAL CENTER'S ASSETS WERE SOLD ON NOVEMBER 5, 2013. AND SERVICE OPERATIONS CLOSED AS OF THAT DATE. IN NOVEMBER 2014, MONICA TERRANO WAS APPOINTED PLAN ADMINISTRATOR IN THE U.S. BANKRUPTCY COURT IN THE SOUTHERN DISTRICT OF NY. Form 990, Part III, Line 1 SOUND SHORE MEDICAL CENTER OF WESTCHESTER HAS FORMED AN INTEGRATED HEALTH SYSTEM WHICH IS THE CENTER OF HIGH QUALITY , ACCESSIBLE AND AFFORDABLE HEALTH CARE THROUGHOUT OUR REGION. THE ORGANIZATION IS IN THE PROCESS OF WINDING UP OPERATIONS. THE SOUND SHORE MEDICAL CENTER'S ASSETS WERE SOLD ON NOVEMBER 5, 2013. AND SERVICE OPERATIONS CLOSED AS OF THAT DATE. IN NOVEMBER 2014, MONICA TERRANO WAS APPOINTED PLAN ADMINISTRATOR IN THE U.S. BANKRUPTCY COURT IN THE SOUTHERN DISTRICT OF NY. Form 990, Part III, Line 3 THE ORGANIZATION IS IN THE PROCESS OF A CHAPTER 11 BANKRUPTCY LIQUIDATION. THE SOUND SHORE MEDICAL CENTER ASSETS WERE SOLD ON NOVEMBER 5, 2013 AND SERVICE OPERATIONS CLOSED AS OF THAT DAY. Form 990, Part IV, Line 12b THIS RETURN HAS BEEN BASED ON ALL AVAILABLE INFORMATION AT THE TIME OF THE FILING. IT IS ALSO BASED ON UNAUDITED FINANCIAL STATEMENTS. IF ANY SIGNIFICANT DIFFERENCES ARISE AFTER THIS FILING, THIS RETURN WILL BE AMENDED TO PROPERLY REFLECT THE ADDITIONAL INFORMATION. Form 990, Part VI, Section A, Line 3 THE ORGANIZATION'S ASSETS WERE SOLD ON NOVEMBER 5, 2013. AND THE DAILY MANAGEMENT OF THE PROCESS TO WIND DOWN THE ORGANIZATION WAS DELEGATED TO A SPECIALIZED THIRD PARTY Form 990, Part VI, Section A, Line 4 THE ORGANIZATION CEASED HEALTHCARE SERVICES ON NOVEMBER 5, 2013 AND SOLD ITS REAL ESTATE ASSETS. IN NOVEMBER, 2014 MONICA TERRANO WAS APPOINTED PLAN ADMINISTRATOR IN THE U.S. BANKRUPTCY COURT IN THE SOUTHERN DISTRICT OF NY. Form 990, Part VI, Section A, Line 7a THE ORGANIZATION HAS A SINGLE MEMBER, SSHS, WHICH IS A NOT-FOR-PROFIT CORP. THAT CAN APPOINT THE BOARD. IN NOVEMBER 2014, MONICA TERRANO WAS APPOINTED PLAN ADMINISTRATOR IN THE U.S. BANKRUPTCY COURT IN THE SOUTHERN DISTRICT OF NY. Form 990, Part VI, Section B, Line 11b THE TAX RETURN WAS PREPARED BY MONICA TERRANO, THE PLAN ADMINISTRATOR AND REVIEWED BY GARFUNKEL WILD PC., BANKRUPTCY COUNSEL FOR SOUND SHORE MEDICAL CENTER. Form 990, Part VI, Section B, Line 15 COMPENSATION FOR OFFICERS HAVE BEEN REVIEWED BY THE CREDITORS COMMITTEE AND APPROVED BY THE BANKRUPTCY COURT. Form 990, Part VI, Section C, Line 19 THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. IN NOVEMBER 2014, MONICA TERRANO WAS APPOINTED PLAN ADMINISTRATOR IN THE U.S. BANKRUPTCY COURT IN THE SOUTHERN DISTRICT OF NY. HOWE AVENUE NURSING HOME INC 16 GUION PLACE NEW ROCHELLE NY 10801 237000781 NURSING HOME NY 501 (C) (3) III-F1 SOUND SHORE MEDICAL CENTER 0 THE MOUNT VERNON HOSPITAL 12 NORTH SEVENTH AVENUE MOUNT VERNON NY 10550 131740115 HOSPITAL NY 501 (C) (3) III-F1 SOUND SHORE HEALTH SYSTEM INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0