2015-11-16T14:05:21-06:00 2014-12-31 PricewaterhouseCoopers LLP 300 Madison Avenue New York NY 10017 990 2014-01-01 111018985 THE LONG ISLAND COLLEGE HOSPITAL % KEN BARRITT LONG 2125233617 150 EAST 42ND STREET 5TH FLOOR NEW YORK NY 10017 MICHAEL BRUNO SENIOR VICE PRESIDENT 2125233617 2015-11-16 MEREDITH MONROE P01441362 6464713000 2014 2016-03-07 17:11:31Z X MICHAEL BRUNO 150 EAST 42ND STREET 5TH FL NEW YORK NY 10017 8058073 false X N/A X 1858 NY IN 2011,THE ORGANIZATION CEASED HOSPITAL OPERATIONS AND CLOSED ON AN ASSET PRCHSE AGRMNT WITH STATE UNIV OF NY. PRIOR TO THIS,IT OPERATED IN ACCORDANCE WITH ITS MISSION AS A HOSPITAL 2 0 1 0 0 0 0 0 0 0 24713 22106 12837647 8035967 12862360 8058073 0 0 0 0 335394 93783 0 0 0 1103138 1138438 1438532 1232221 11423828 6825852 27189743 24584370 27189743 24584370 0 0 X ON MAY 29, 2011, THE ORGANIZATION CEASED HOSPITAL OPERATIONS WHEN IT CLOSED ON AN ASSET PURCHASE AGREEMENT ("APA") WITH THE STATE UNIVERSITY OF NY. IN ACCORDANCE WITH THE APA, LICH RETAINED CASH AND PATIENT RECEIVABLES IN ORDER TO PAY DOWN CERTAIN ACCOUNTS PAYABLE AND ACCRUED EXPENSES, WHICH REMAINED AT LICH. UPON SATISFACTION OF THE REMAINING LIABILITIES, THE RESIDUAL ASSETS, IF ANY, ARE TO BE TRANSFERRED TO SUNY. false false 0 0 0 NONE 0 true false false false false false false false false false false false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 12 0 true 1 true false false false false false false false false false false X 2 0 false false false false true true true true true false false false true true true true true false false false NY X KEN BARRITT 6466054217 150 EAST 42ND STREET 5TH FLOOR NEW YORK NY 10017 X STANLEY BREZENOFF CHAIRMAN & BOARD MEMBER 1.0 1.5 X X 0 2639192 46184 MICHAEL BRUNO VICE CHRMN,TREASURER&BOARD MBR 1.0 60.5 X X 0 630369 47389 GAIL DONOVAN VICE CHAIR AND BOARD MEMBER 1.0 59.5 X X 0 2120495 10740 JILL CLAYTON SECRETARY 1.0 54.0 X 0 346343 59338 JOHN COLLURA THRU SEPT 2013 VICE CHRMN,TREASURER&BOARD MBR 0.0 0.0 X 0 488750 0 0 6225149 163651 0 true true false PRICEWATERHOUSECOOPERS LLP PO BOX 7247-8001 PHILADELPHIA PA 191708001 ACCOUNTING SERVICES 135177 PROSKAUER ROSE LLP ELEVEN TIMES SQUARE NEW YORK NY 100368299 LEGAL SERVICES 112760 2 0 0 22106 22106 0 0 0 0 0 0 0 0 0 WRITE-OFF OF PAYABLES 900099 8035967 8035967 8035967 8058073 8058073 0 0 0 0 0 0 75000 75000 0 13045 13045 5738 5738 0 205906 205906 0 0 0 0 10481 0 10481 0 0 12839 0 12839 0 52 52 0 140356 140356 257 257 0 0 0 0 0 0 MEDICAL SUPPLIES 3873 3873 WRITE OFF OF PATIENT RECEICABL 753131 753131 OTHER MISCELLANEOUS 11543 11543 1232221 0 1232221 0 26597042 24140059 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 592701 444311 27189743 24584370 3702801 6738892 0 0 0 0 0 0 0 0 0 0 0 0 0 0 23486942 17845478 27189743 24584370 X 0 0 0 0 0 0 0 0 27189743 24584370 X 6825852 -6825852 X X false false false X 0 DUE TO SUNY DOWNSTATE 17845478 17845478 true false false false false false false false false STANLEY BREZENOFF CHAIRMAN & BOARD MEMBER 0 1306195 0 1300000 0 32997 0 21840 0 24344 0 2685376 0 0 MICHAEL BRUNO VICE CHRMN,TREASURER&BOARD MBR 0 562773 0 54269 0 13327 0 21840 0 25549 0 677758 0 0 JILL CLAYTON SECRETARY 0 317379 0 25000 0 3964 0 21840 0 37498 0 405681 0 0 JOHN COLLURA THRU SEPT 2013 VICE CHRMN,TREASURER&BOARD MBR 0 0 0 0 0 488750 0 0 0 0 0 488750 0 0 GAIL DONOVAN VICE CHAIR AND BOARD MEMBER 0 1439602 0 525000 0 155893 0 0 0 10740 0 2131235 0 0 PART I, LINE 3 - METHODS TO ESTABLISH COMPENSATION BY RELATED ORGANIZATION THE FOLLOWING METHODS ARE USED BY A RELATED ORGANIZATION TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 4A - SEVERANCE PAYMENT JOHN COLLURA: $488,750 GAIL DONOVAN: $145,386 FORM 990, PART VI, LINE 6 - MEMBERS OF THE ORGANIZATION THE ORGANIZATION HAS A SINGLE CORPORATE MEMBER, CONTINUUM HEALTH PARTNERS, INC., WHICH IS A NOT-FOR-PROFIT CORPORATION. FORM 990, PART VI, LINE 7A - ELECTION OF THE GOVERNING BODY THE SOLE CORPORATE MEMBER ELECTS THE GOVERNING BODY OF THE ORGANIZATION. FORM 990, PART VI, LINE 7B - DECISIONS OF THE GOVERNING BODY THE MEMBER MUST APPROVE ANY AMENDMENTS TO THE BYLAWS OF THE ORGANIZATION. FORM 990, PART VI, LINE 11B - FORM 990 PROVIDED TO GOVERNING BODY THE FINANCE STAFF WHO PROVIDE SERVICES, SUPPORT AND OVERSIGHT OF FINANCIAL MATTERS FOR THE HOSPITALS AFFILIATED WITH CONTINUUM HEALTH PARTNERS, INC. GATHER THE RELEVANT INFORMATION AND PREPARE THE FORM 990 FOR THE LONG ISLAND COLLEGE HOSPITAL. THE ORGANIZATION'S OUTSIDE TAX ADVISORS, PRICEWATERHOUSECOOPERS, PARTICIPATE IN THE PREPARATION OF, AND REVIEW THE FORM. A DRAFT OF THE FORM 990 RETURN IS PROVIDED FOR REVIEW TO THE CENTRALIZED MANAGEMENT TEAM WHICH SERVES THE HOSPITALS AFFILIATED WITH CONTINUUM HEALTH PARTNERS, INC. UPON APPROVAL OF THE CENTRALIZED MANAGEMENT TEAM AND PRIOR TO FILING, THE DRAFT FORM 990 IS PROVIDED TO A MEMBER OF THE GOVERNING BODY FOR REVIEW, WHO CONDUCTS A REVIEW OF THE ENTIRE TAX RETURN WITH THE PARTICIPATION OF FINANCE STAFF AND ONE OR MORE ATTORNEYS FROM THE GENERAL COUNSEL'S OFFICE. FORM 990, PART VI, LINE 12C - CONFLICT OF INTEREST POLICY ANNUALLY, EACH TRUSTEE, OFFICER, AND KEY EMPLOYEE IS REQUIRED TO SUBMIT A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE DISCLOSURE STATEMENT IS REVIEWED BY THE CORPORATE COMPLIANCE OFFICER ALONG WITH GENERAL COUNSEL AND A DETERMINATION IS MADE AS TO WHETHER A CONFLICT EXISTS. THE PRESIDENT OF THE ORGANIZATION AND THE CHAIR OF THE CENTRALIZED FINANCE/AUDIT COMMITTEE PARTICIPATE IN REVIEW OF CONFLICTS. CONFLICTS DISCLOSED BY TRUSTEES ARE REVIEWED WITH THE CHAIRMAN OF THE BOARD. ANY PERSON DETERMINED TO HAVE A CONFLICT OF INTEREST MUST RECUSE HIMSELF FROM ANY DECISION MAKING OR VOTING ON THE INTEREST THAT GAVE RISE TO THE CONFLICT. FORM 990, PART VI, LINE 15A & 15B - COMPENSATION POLICY (OF RELATED ORG) THE EXECUTIVE COMPENSATION POLICY OF THE HEALTH SYSTEM REQUIRES THAT COMPENSATION FOR THE FOLLOWING INDIVIDUALS BE REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AT LEAST ANNUALLY: ANY PERSON WITH THE TITLE OF CEO, PRESIDENT, CHIEF OPERATING OFFICER, CHIEF FINANCIAL OFFICER, CHIEF MEDICAL OFFICER, EXECUTIVE VICE PRESIDENT OR SENIOR VICE PRESIDENT; ANY PERSON WITH THE TITLE OF CORPORATE VICE PRESIDENT WHOSE TOTAL COMPENSATION IS IN EXCESS OF $300,000; ANY PHYSICIAN WITH THE TITLE OF CHAIRMAN; ANY PHYSICIAN WITH THE TITLE OF CHIEF WHOSE BASE SALARY PLUS GUARANTEE TOGETHER ARE IN EXCESS OF $750,000 AND ANY PERSON WHO IS A FAMILY MEMBER OF ANY OF THE ABOVE INDIVIDUALS. FORM 990, PART VI, LINE 19 - DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII - AVERAGE HOURS AVERAGE HOURS PER WEEK REPORTED ON PART VII REPRESENT TOTAL AVERAGE HOURS FOR THE FILING ORGANIZATION AND ALL RELATED ORGANIZATIONS. FORM 990, PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS DUE TO SUNY : ($6,825,852) FORM 990, PART XII, LINE 2B - AUDITED FINANCIAL STATEMENTS THE ORGANIZATION CEASED OPERATIONS AS A HOSPITAL ON MAY 28, 2011. THE SUBSEQUENT ACTIVITIES ARE TO WIND DOWN THE ORGANIZATION, AND ARE STILL ONGOING. ONCE THE WINDING UP HAS BEEN FINISHED, ANY REMAINING ASSETS WILL BE TRANSFERRED TO SUNY. CONTINUUM HEALTH PARTNERS INC 150 EAST 42ND STREET 5TH FL NEW YORK NY 10017 133939476 HOLDING CO NY 501(C)(3) 11A - I NA false BETH ISRAEL MEDICAL CENTER FIRST AVENUE AT 16TH STREET NEW YORK NY 10003 135564934 HOSPITAL NY 501(C)(3) 3 MSHG false BIMC FOUNDATION INC 150 EAST 42ND STREET 5TH FL NEW YORK NY 10017 133255377 FUNDRAISING DE 501(C)(3) 11A - I BIMC false BIMC HOLDING CORPORATION FIRST AVENUE AT 16TH STREET NEW YORK NY 10003 133444730 HOLDING CO NY 501(C)(3) 11A - I BIMC false BETH ISRAEL AMBULATORY CARE SERVICES 150 EAST 42ND STREET 5TH FL NEW YORK NY 10017 133838460 SURGICENTER NY 501(C)(3) 3 BIMC HOLDCO false BI NURSING HOME COMPANY 327 EAST 17TH STREET NEW YORK NY 10003 133627753 NURSING HOME NY 501(C)(3) 3 BIMC HOLDCO false EAST 17TH STREET PROPERTIES INC 150 EAST 42ND STREET 5TH FL NEW YORK NY 10017 133547502 REAL ESTATE NY 501(C)(3) 9 BIMC HOLDCO false ST LUKE'S-ROOSEVELT HOSPITAL CENTER 1111 AMSTERDAM AVENUE NEW YORK NY 10025 132997301 HOSPITAL NY 501(C)(3) 3 MSHG false AUGUSTUS & JAMES CORPORATION 150 EAST 42ND STREET 5TH FL NEW YORK NY 10017 133392851 REAL ESTATE NY 501(C)(3) 11B - II SLR false ST LUKE'S-ROOSEVELT INSTITUTE FOR HEALTH 1111 AMSTERDAM AVENUE NEW YORK NY 10025 132914343 RESEARCH NY 501(C)(3) 4 SLR false NEW YORK EYE AND EAR INFIRMARY 310 EAST 14TH STREET NEW YORK NY 10003 135562304 HOSPITAL NY 501(C)(3) 3 MSHG false NEW YORK EYE & EAR INFIRMARY FOUNDATION 310 EAST 14TH STREET NEW YORK NY 10003 134012469 PRIVATE FDN NY 501(C)(3) PF NYEE false NYEEI HOUSING COMPANY INC 317-327 EAST 13TH STREET NEW YORK NY 10003 311696826 REAL ESTATE NY 501(C)(2) N/A NYEE false BETH ISRAEL MEDICAL CENTER FDN INC 150 EAST 42ND STREET 5TH FL NEW YORK NY 10017 300571387 FUNDRAISING NY 501(C)(3) 7 BIMC false ST LUKE'S-ROSEVELT HOSPITAL CENTER FDN 150 EAST 42ND STREET 5TH FL NEW YORK NY 10017 300571390 FUNDRAISING NY 501(C)(3) 7 SLR false THE MOUNT SINAI MEDICAL CENTER INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 136271888 SUPPORT NY 501(C)(3) 11B- II MSHS false THE MOUNT SINAI HOSPITAL ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 131624096 HOSPITAL NY 501(C)(3) 3 MSHG false MITRAL FOUNDATION 1190 FIFTH AVENUE NEW YORK NY 10029 800468600 RESEARCH NY 501(C)(3) 11B- II ISMMS false THE MOUNT SINAI CHILDREN'S CENTER FND ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 223059294 SUPPORT NY 501(C)(3) 11B- II ISMMS false MSMC REALTY CORPORATION ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 133852596 REAL ESTATE NY 501(C)(3) 11B- II SEE PART VII false MSMC RESIDENTIAL REALTY LLC 1425 MADISON AVENUE NEW YORK NY 10029 200244426 REAL ESTATE NY 501(C)(3) 11B- II SEE PART VII false MOUNT SINAI DIAGNOSTIC &TREATMENT CENTER ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 450537391 DIAG CLINIC NY 501(C)(3) 3 MSH false MSMC RESIDENTIAL REALTY MANAGER INC 1425 MADISON AVENUE NEW YORK NY 10029 201289396 MANAGEMENT NY 501(C)(3) 11B- II SEE PART VII false VALENTIN FUSTER MT SIANI FND FOR SCIENCE ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 800952088 SUPPORT NY 501(C)(3) 11B- II ISMMS & MSH false MOUNT SINAI HEALTH SYSTEM INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 464248304 HOLDING CO NY 501(C)(3) 11A- I NA false MOUNT SINAI HOSPITAL GROUP INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 464242915 HOLDING CO NY 501(C)(3) 11A- I MSHS false ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 136171197 SCHOOL NY 501(C)(3) 2 MSHS false GREATER METROPOLITAN IPA II 150 EAST 42ND STREET 5TH FL NEW YORK NY 10017 133977019 INACTIVE NY BIMCSLR C false GREATER METROPOLITAN IPA V 150 EAST 42ND STREET 5TH FL NEW YORK NY 10017 134141695 INACTIVE NY BIMCSLR C false MANHATTAN MANAGEMENT SERVICES 1780 BROADWAY 7TH FL NEW YORK NY 10019 133618543 MGMT SERVICES NY SLR C false SLR MANAGEMENT SERVICES 150 EAST 42ND STREET 5TH FL NEW YORK NY 10017 133853145 MGMT SERVICES NY SLR C false WEST CARE MEDICAL PC 150 EAST 42ND STREET 5TH FL NEW YORK NY 10017 133811203 INACTIVE NY SLR C false MOUNT SINAI HC VENTURES INC 150 EAST 42ND STREET 5TH FL NEW YORK NY 10017 460953126 HEALTH CARE MGT NY BIMC HOLDCO C false false false false false false false false false false false false false false false false false false false false SCHEDULE R, PART II, COLUMN (F) DIRECT CONTROLLING ENTITY OF MSMC REALTY CORPORATION: ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL AND THE MSMC REALTY CORPORATION ARE ALL MEMBERS OF THIS ENTITY. SCHEDULE R, PART II, COLUMN (F) DIRECT CONTROLLING ENTITY OF MSMC RESIDENTIAL REALTY LLC: ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL, THE MSMC REALTY CORPORATION AND THE MSMC RESIDENTIAL REALTY MANAGER, INC. ARE ALL MEMBERS OF THIS ENTITY. SCHEDULE R, PART II, COLUMN (F) DIRECT CONTROLLING ENTITY OF MSMC RESIDENTIAL REALTY MANAGER, INC: ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL AND THE MSMC REALTY CORPORATION ARE ALL MEMBERS OF THIS ENTITY.