2013-01-29T16:01:39-06:00 2011-12-31 ENRST & YOUNG US LLP 111 MONUMENT CIRCLE SUITE 2600 INDIANAPOLIS IN 46024 990 2011-01-01 133957095 The New York and Presbyterian Hospital % PHYLLIS LANTOS NEWY 2122974356 525 East 68th Street New York NY 10065 Phyllis Lantos 2013-01-15 3176817000 2011 2016-02-25 16:41:14Z PHYLLIS LANTOS 525 E 68TH ST BOX 156 NEW YORK NY 10065 4466619330 false X www.nyp.org X 1998 NY TO BE A LEADER IN THE PROVISION OF WORLD CLASS PATIENT CARE, TEACHING, RESEARCH, AND SERVICE TO LOCAL, STATE, NATIONAL, AND INTERNATIONAL COMMUNITIES. 84 65 23144 3020 9300732 2302497 125425968 128954896 3297268414 3525296822 58843675 28071447 37811310 24591911 3519349367 3706915076 270725 277634 0 0 1999093945 2116665412 0 0 0 1346306292 1382392871 3345670962 3499335917 173678405 207579159 5118249043 5358925312 1985199110 2131147567 3133049933 3227777745 X TO BE A LEADER IN THE PROVISION OF WORLD CLASS PATIENT CARE, TEACHING, RESEARCH, AND SERVICE TO LOCAL, STATE, NATIONAL, AND INTERNATIONAL COMMUNITIES. NEW YORK-PRESBYTERIAN HOSPITAL (NEW YORK-PRESBYTERIAN), FORMED BY THE MERGER OF THE FORMER NEW YORK HOSPITAL AND THE PRESBYTERIAN HOSPITAL IN THE CITY OF NEW YORK, IN JANUARY OF 1998, IS A 2,298-BED, 501(C)(3) NOT-FOR-PROFIT, ACADEMIC MEDICAL CENTER. IT IS COMMITTED TO THE SPECIAL AND COMPLEX MISSION OF PATIENT CARE, TEACHING, RESEARCH, AND COMMUNITY SERVICE. NEW YORK-PRESBYTERIAN OFFERS A FULL RANGE OF SERVICES FROM PRIMARY THROUGH QUATERNARY CARE. NEW YORK-PRESBYTERIAN HAS OVER 117 FULLY ACCREDITED TRAINING PROGRAMS AND APPROXIMATELY 1,641 FULL-TIME EQUIVALENT RESIDENTS AND FELLOWS. NEW YORK-PRESBYTERIAN PROVIDES STATE-OF-THE-ART INPATIENT, AMBULATORY, AND PREVENTIVE CARE IN ALL AREAS OF MEDICINE THROUGHOUT ITS FIVE CENTERS: NEW YORK-PRESBYTERIAN HOSPITAL/COLUMBIA UNIVERSITY MEDICAL CENTER NEW YORK-PRESBYTERIAN HOSPITAL/WEILL CORNELL M false false 2886336152 277634 3516259623 The New York and Presbyterian Hospital provides quality medical care regardless of race, creed, sex, sexual orientation, national origin, handicap, age, or ability to pay. Although reimbursement for services rendered is critical to the operations and stability of the Hospital, the Hospital recognizes that not all individuals possess the ability to pay for essential medical services and, furthermore, the Hospital's mission is to serve the community with respect to health care. Therefore, in keeping with the Hospital's commitment to serve all members of the community, the Hospital provides the following: free and reduced price medical care (charity care/financial aid) to the indigent; care to persons covered by governmental programs at below-cost; subsidized health services; and health care activities, medical education and programs to support the community. Community benefit activities include wellness programs, community education programs, health screenings, and a broad variety of community support services, health professionals education, and subsidized health services. The Hospital had 117,853 discharges and provided 989,752 outpatient visits (clinic - 784,800, emergency room - 204,952) plus 76,689 ambulatory surgery procedures. 2886336152 true true false true false false false false false true true true false true true false true false false false true false false false false false true true true false true true true false false false false false false false true true false false false false false true true true true false true 1316 0 true 23144 true true true false false false false false false false false false X 84 65 true false false false true false false true true false false true true true true true true true true false NY X PHYLLIS LANTOS 2122974255 525 E 68TH STREET New York NY 10065 X John J Mack 2.0 X Frank A Bennack Jr 3.0 X Charlotte M Ford 1.0 X Peter A Georgescu 1.0 X Jerry I Speyer 3.0 X Donald L Boudreau 2.0 X Daniel B Burke 1.0 X Luis A Canela 1.0 X Iris Cantor 1.0 X Pamela G Carlton 1.0 X Stephen H Case Esq 1.0 X John K Castle 1.0 X Jean Clark 1.0 X H Rodgin Cohen Esq 1.0 X Joan Ganz Cooney 1.0 X Michel David-Weill 1.0 X Richard S Fuld Jr 1.0 X David A George 1.0 X Harvey Golub 1.0 X Jeffrey W Greenberg 2.0 X Maurice R Greenberg 1.0 X Arthur J Hedge Jr 6.0 X Marife Hernandez 2.0 X Glenn H Hutchins 2.0 X Mary D'Alton md ex-officio 1.0 X Mitchell L Jacobson 2.0 X Robert L James 1.0 X Howard S Jonas 1.0 X Winfield P Jones Esq 2.0 X Andrea Jung 1.0 X Peter S Kalikow 2.0 X Alfred F Kelly Jr 1.0 X David H Koch 2.0 X David H Komansky 1.0 X Terry Allen Kramer 1.0 X Rochelle B Lazarus 2.0 X Arthur J Mahon Esq 1.0 X Ellen R Marram 1.0 X Roman Martinez IV 2.0 X Raymond J McGuire 2.0 X Robert B Menschel 1.0 X John E Merow Esq 1.0 X Constance Jane Milstein Esq 1.0 X Steven T Mnuchin 1.0 X Sharmin Mossavar-Rahmani 2.0 X Ms Sarah E Nash 5.5 X Steven O Newhouse 1.0 X Daniel S Och 1.0 X Adebayo O Ogunlesi 1.0 X Gordon B Pattee 2.0 X Ronald O Perelman 1.0 X Lisa R Perry 1.0 X Ogden Mills Phipps 1.0 X Michael S Pritula 1.0 X William R Rhodes 1.0 X Marcos A Rodriguez 1.0 X Stephen M Ross 1.0 X Arthur F Ryan 2.0 X Arthur J Samberg 2.0 X Oscar Straus Schafer 1.0 X Mark Schwartz 1.0 X Robert G Scott 2.0 X Ivan G Seidenberg 1.0 X Walter V Shipley 1.0 X Raymond T Dalio 1.0 X Richard E Snyder 1.0 X Howard Solomon 1.0 X Seymour Sternberg 2.0 X Brenda Neubauer Straus 1.0 X Howard Stringer 1.0 X Vincent Tese Esq 2.0 X John A Thain 1.0 X Michael D Tusiani 1.0 X Peter N Schlegel MD ex officio 1.0 X Sanford I Weill 1.0 X John S Weinberg 1.0 X Margaret L Wolff Esq 2.0 X Robert C Wright 1.0 X Herbert Pardes MD 60.0 X X 4053956 0 54780 Steven J Corwin MD 60.0 X X 2886641 0 189795 Jeffrey A Harris 1.0 X Gerald Loughlin MD ex-officio 1.0 X Richard D Segal 1.0 X Leonard A Wilf 1.0 X Roger C Altman 2.0 X Margaret Espy 1.0 X Stephen Robert 1.0 X Phyllis RF Lantos 60.0 X 2164676 0 93843 Kathleen M Burke Esq 60.0 X 344549 0 45021 Robert E Kelly MD 60.0 X 1911376 0 178445 Aurelia G Boyer 60.0 X 1136887 0 85503 Emme L Deland 60.0 X 815723 0 83214 Maxine Frank Esq 60.0 X 1566696 0 109479 G Thomas Ferguson 60.0 X 1204101 0 41552 Laura L Forese MD 60.0 X 1275412 0 129668 Mark E Larmore 60.0 X 1380177 0 150762 Wilhelmina ManzanoMARN 60.0 X 1055020 0 155977 Wayne M Osten 60.0 X 887900 0 215706 William A Polf PhD 60.0 X 792655 0 73278 Gloria D Reeg 46.0 X 796834 0 233740 Louis F Reuter IV 60.0 X 1119930 0 54266 Dov Schwartzben 60.0 X 1348527 0 173506 Gary J Zuar 60.0 X 1007391 0 134181 Andria Castellanos 60.0 X 833081 168362 Susan Mascitelli 60.0 X 731064 0 148652 Jaclyn A Mucaria 60.0 X 754376 0 143766 Eliot Lazar 60.0 X 831953 0 157418 Kevin Hammeran 60.0 X 660648 0 40175 Joan M Leiman PhD 60.0 X 666704 0 33295 John Fleischer 60.0 X 558105 0 35707 Steven D Forman 60.0 X 536590 0 33429 Suzanne Boyle 60.0 X 522214 0 28595 William j farrell 60.0 X 540595 0 49408 Kenneth Ouriel MD 0.0 X 545733 0 24120 Cynthia N Sparer X 1397670 0 0 34327184 0 3065643 4126 true true false Munn Rabot LLC 33 West 17th St 3rd Fl NEW YORK NY 10011 Advertising 9249517 Winston Support Services 122 East 42nd St Suite 320 NEW YORK NY 10168 Temporary Help 3053235 Epstein Becker Green PC 250 Park Avenue NEW YORK NY 10177 Legal 2815079 Banc of America Leasing 2059 Northlake Parkway TUCKER GA 30084 Leasing 11056332 Enterprise Software Dev LLC 5151 Monroe Street Suite 101 TOLEDO OH 43623 IT Consulting 2477253 106 43954000 18965170 66035726 128954896 CARE OF PATIENT 900099 1786324562 1786324562 VARIOUS SERVICES 900099 9037199 9037199 AFFILIATES RENTAL INCOME 532000 33638529 33638529 MEDICARE & MEDICAID 900099 1657257011 1657257011 AFFILIATE AGREEMENTS 541900 5637920 5637920 33401601 33401601 3525296822 16570253 16570253 0 0 771205448 759704254 11501194 11501194 263533 11237661 0 0 0 CAFETERIA & VENDNG 722210 10210897 10210897 PURCHASE DISCOUNTS 900099 568665 568665 OTHER 900099 13812349 13812349 24591911 3706915076 3516259623 9300732 52399825 277634 277634 0 0 0 27349431 27349431 0 1643774842 1404715396 239059446 76230187 65143786 11086401 243300776 207916764 35384012 126010176 107684112 18326064 0 4353596 4353596 1145004 1145004 1210668 1210668 0 2049747 2049747 132365190 77644000 54721190 21296897 21296897 138124446 77850813 60273633 37744933 37744933 0 122041763 96731577 25310186 4485847 4485847 0 2171275 2171275 0 0 227510265 180327013 47183252 54169289 50285631 3883658 MEDICAL SUPPLIES 544203709 544203709 BAD DEBTS 41635000 41635000 TAXES/FRANCHISE FEES 290588 230323 60265 MISCELLANEOUS 47594654 31690394 15904260 3499335917 2886336152 612999765 0 195947273 226980805 322648522 573431401 323854883 322237908 394553451 394839854 0 0 0 0 0 0 36368009 39015240 17673873 17988059 4411174932 2616673905 1761111124 1794501027 1064116894 964772045 714585151 745189618 0 0 0 0 287389863 279969355 5118249043 5358925312 580972998 736320524 0 0 7767391 6093983 786688856 723983664 0 0 0 0 0 0 0 0 609769865 664749396 1985199110 2131147567 X 1794088510 1898129778 1124332278 1116955278 214629145 212692689 3133049933 3227777745 5118249043 5358925312 X 207579159 -112851347 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false true 988722 false false true 221946 1210668 false Lines 1b, 1f and 1i "New York-Presbyterian is one of the largest private, not-for-profit hospitals in the country and has an enormous impact on the health and well being of its community. As an academic medical center, the institution does work that can have important, positive ramifications for patients and providers everywhere. Through its participation in the work of its associations, New York-Presbyterian is engaged in improving the environment for patient care and health delivery services. The hospital also works with an advocacy firm in Washington D.C. to ensure that our perspective on important policy issues is made available to decision makers. In this manner, the hospital can share cutting edge thinking in payment and delivery models, clinical care and translational research." 1338960000 129482000 -14805000 108179000 15811000 1329647000 1305414000 90769000 102905000 143923000 16205000 1338960000 1150430000 151834000 161384000 143594000 14640000 1305414000 1439240000 166266000 -270250000 170122000 14704000 1150430000 0.16000 0.84000 false true true 40799103 40799103 3134487219 1754909747 1379577472 1103434003 852385960 251048043 10821419 9378198 1443221 121633188 121633188 1794501027 PRIVATE EQUITY 223183576 F PRIVATE REAL ASSETS 77700935 F HEDGE FUNDS 392157240 F INTEREST IN PERPETUAL TRUST 30073000 F MUTUAL FUNDS 22074867 F 745189618 DEFERRED FINANCING CHARGES 37339029 RESIDENT FICA RECEIVABLE 44046000 MALPRACTICE INSUR RECEIVABLE 198525162 OTHER 59164 279969355 0 ESTIMATED SELF-INS & OTHER LIAB. 132713758 LONG-TERM LIABILITIES 131476873 OTHER CURRENT LIABILITIES 119641006 CAPITAL LEASES PAYABLE 56433018 RESIDENT FICA PAYABLE 23712979 MALPRACTICE CLAIMS LIABILITY 198525162 DUE TO RELATED ORGANIZATIONS 2246600 664749396 3706915076 3499335917 207579159 -39380000 -73471347 -112851347 94727812 3666968644 -39380000 -39380000 3706348644 566432 566432 3706915076 3498769485 3498769485 566432 566432 3499335917 Pt XI Line 8 Distribution from NYP Fund Inc. for purchase of fixed assets $53,582,000. Change in post retirement benefit liabilities to be recognized in future periods -$118,280,347 Changes in beneficial interest in net assets held by related organizations -$8,290,000. Accrual of net medical resident tax refund $540,000. Net Assets Released from restrictions for operations -$1,023,000. Total = -$73,471,347 Pt V Line 4 Permanently restricted net assets are held by New York-Presbyterian Fund Inc. and Weill Cornell Medical Center Fund on behalf of the Hospital. Temporarily restricted net assets are held by New York-Presbyterian Fund Inc on behalf of the Hospital. The Hospital expends the distributions from the released assets of its endowment funds on an annual basis in support of health care services. Pt XII & pt XIII; Line 4b Deficit Distribution to Royal Charter properties Westchester, Inc = $26,034 investment management fees = $540,398 Total = $566,432 Central America and the Caribbean Investments 910424 East Asia and the Pacific Investments 82108700 Europe (Including Iceland and Greenland) Investments 136626486 Middle East and North Africa Investments 4303510 North America Investments 9879996 Russia and the Newly Independent States Investments 5107192 South America Investments 12123672 South Asia Investments 4426732 Sub-Saharan Africa Investments 2710989 258197701 258197701 true false true true true false Part 1, Line 3, column F Accrual method of accounting true true X true X 400. true X true true true false true true 46784 64007794 23851565 40156230 0.01160 633389 775940955 617794050 158146905 0.04570 680173 839948749 641645615 198303135 0.05730 295 359911 30525975 30525975 0.00880 321668430 78915738 242752692 0.07020 489398 151778258 135004087 16774172 0.00490 3766030 3766030 0.00110 295 849309 507738693 213919825 293818869 0.08500 295 1529482 1347687442 855565440 492122004 0.14230 true 18110593 4138212 762621692 725306004 37315688 X true true 5 1 New York Weill Cornell Center

525 EAST 68TH STREET NEW YORK NY 10065

X X X X X X 2 COLUMBIA PRESBYTERIAN CENTER (Milstein)

622 WEST 168TH STREET NEW YORK NY 10032

X X X X X X 3 morgan stanley childrens hospital of NYp

3959 broadway NEW YORK NY 10032

X X X X X X 4 allen hospital

5141 broadway new york NY 10034

X X X X X 5 weschester division

21 bloomingdale road white plains NY 10605

X X psychiatric hospital New York Weill Cornell Center 1 true true 400. true 400. true X X X X X X true true X true false true X false false COLUMBIA PRESBYTERIAN CENTER (Milstein) 2 true true 400. true 400. true X X X X X X true true X true false true X false false morgan stanley childrens hospital of NYp 3 true true 400. true 400. true X X X X X X true true X true false true X false false allen hospital 4 true true 400. true 400. true X X X X X X true true X true false true X false false weschester division 5 true true 400. true 400. true X X X X X X true true X true false true X false false 17 washington heights acnc-audubon

21 audubon avenue New york NY 10032

clinic broadway clinic

4781-4783 broadway new york NY 10034

clinic washington heights family center

575 west 181st street new york NY 10032

clinic avon foundation breast imaging center

1130 st nichols avenue new york NY 10032

clinic family medicine hd farrell jr practice

610 west 158th street new york NY 10032

clinic charles b rangel community health center

534A west 135th street new york NY 10031

clinic chelsea center for special studies

119 west 24th street new york NY 10011

clinic fort washington house

99 fort washington avenue new york NY 10032

clinic i sherwood wright center for aging

1484 first avenue new york NY 10021

clinic is 136

6 edgecomb avenue new york NY 10032

school based clinic is 143 eleanor roosevelt

515 west 182nd street new york NY 10033

school based clinic is 52 inwood

650 academy street new york NY 10034

school based clinic thurgood Marshall academy

200-214 west 135th street new york NY 10030

school based clinic is 164 edward w stitt

401 west 164th street new york NY 10032

school based clinic new york hospital cardiac health center

1153 york ave new york NY 10021

clinic george washington high school

549 audubon avenue new york NY 10034

school based clinic promise academy

35 east 125th street new york NY 10035

school based clinic Part I, Line 3C: N/A Part I, Line 6A: N/A Part I, line 7G: Included in subsidized health service is clinic, ambulance and emergency room services. Part I, Line 7, column F: the percent of total expense represents the net community benefit expense as a percentage of the hospital's total expenses net of $41,635,000 bad debt expense. Part I, Line 7: The following is a detail of the sources used for determining the amounts reported on schedule H: Line 7a - adjusted ratio of patient care cost to charges Line 7b - Cost accounting system Line 7e - Actual expenses Line 7f - Institutional cost report - worksheet B, part 1 Line 7g - Cost accounting system Line 7h - Institutional cost report Part III, Line 4: For patients who were determined by the Hospital to have the ability to pay but did not, the uncollected amounts are bad debt expense. Estimated cost is based on the total bad debt at the ratio of patient care cost to charges. Part III, Line 8: The required method of reporting in schedule h obfuscates the full losses associated with delivery of services to medicare beneficiaries; a loss which exceeds $107 million. As reported in part III, section b, line 7, medicare is calculated to result in a $37 million surplus; this results because medicare losses of $107 million are instead reflected in Part I, lines 7f and 7g where losses identified with professional education and subsidized health services are calculated per the methodology mandated for completion of schedule h. furthermore, medicare managed care losses of $38 million are excluded altogether from all schedule H disclosures. $37,315,688 - Medicare net surplus per Schedule H (80,595,626)- Medicare GME net costs (26,566,093)- Medicare net cost of subsidized health services (38,044,564)- Medicare managed care net costs $(107,890,595)- total net associated with the medicare program "net" is defined as revenue net of costs Part III, Line 9b: Included within the hospitals charity care/financial aid policy is a section for collection practices that the hospital adheres to. Noted below is the section within the hospital charity care/financial aid policy. Collection Practices under Financial Assistance Program: 1. Hospital has developed the standards and scope of practices to be be used to collect outstanding patient debt, including the establishment of written policies regarding referral of patient debt for collection or legal action. Hospital requires collection agencies acting on the hospital's behalf to sign written agreements obligating them to follow these standards and practices. 2. With regard to collection practices, hospital: a) will not force the sale or foreclosure of a patient's primary residence to pay for an outstanding debt. b) Will not send a bill to a collection agency while a completed charity care/financial aid application (including any required supporting documentation) submitted to hospital is pending determination. c) will not permit collections from a patient who is determined to have been eligible for medcaid at the time services were rendered and for which medicaid payment is available, provided patient has submitted a completed application for medicaid in connection with such services. d) Will provide written notification (including notification on a patient bill) to a patient at least 30 days before an account is sent to collection. e) Requires the collection agency to have the hospital's written consent prior to starting a legal action for collection. f) requires collection agencies to provide information to patients regarding how to apply for charity care/financial aid, where appropriate. Needs Assessment: IDENTIFICATION OF PUBLIC HEALTH PRIORITIES In accordance with the State Department of Health's Prevention Agenda toward the Healthiest State, NewYork-Presbyterian conducted an assessment of its service area's demography and health needs. It gathered input obtained from the multiple public discussion sessions, and analyzed the quantitative and qualitative data from the community health needs assessment that was previously submitted to New York State. The Hospital also reviewed the heightened need for community preparedness as a city, state and federal priority. NewYork-Presbyterian chose to address the following three (3) New York State Department of Health's Prevention Agenda Priorities: 1. Access to Quality Healthcare 2. Chronic Disease 3. Community Preparedness During 2011, NewYork-Presbyterian conducted a wide variety of activities that support the three (3) Prevention Agenda Priorities: access to healthcare, chronic disease and community preparedness. Activities designed to improve healthcare access targeted lack of insurance, systemic and structural barriers, as well as cognitive factors, including knowledge of disease and prevention strategies. These activities took place in communities throughout the service area, and targeted schools and faith-based organizations, along with major community-based industries of livery drivers, shopkeepers (bodegueros) and cosmetologists. The Hospital also conducted many health promotion and disease prevention activities that addressed the following chronic diseases: diabetes, obesity, cardiovascular disease, asthma, and cancer. Community preparedness activities ranged from annual blood drives to extensive emergency medical services activities, conducted in coordination with the City of New York. In addition to the three priority areas NewYork-Presbyterian also conducted a number of other programs that support our organization's mission and commitment to the overall health of the community. Patient Education of eligibility for assistance: PATIENTS ARE NOTIFIED IN THE ADMISSION PACKET AND THE ELIGIBILITY FOR ASSISTANCE DESCRIPTION IS POSTED IN PUBLIC AREAS AS REQUIRED BY NEW YORK STATE. Community Information: Service Area Newyork-presbyterian's service area has not changed since the 2008 Community Service Plan and subsequent community plan updates, and is defined as the counties of New York, Queens, Kings, Bronx and Westchester. NewYork-Presbyterian is a leading academic medical center, and is proud of its long tradition as a committed provider of services to residents from diverse communities that span the New York Metropolitan area and Westchester County. As a regional resource, NewYork-Presbyterian's service area differs from that of a typical community hospital where service area is defined by the residential profile of the largest number of discharges; instead for the purposes of the 2008 Community Service Plan, NewYork-Presbyterians service area is defined as the counties of New York, Queens, Kings, Bronx, and Westchester. NewYork-Presbyterian's service area includes approximately 3,414,764 households with a total population of approximately 8,695,434 (1). The payor mix is primarily Medicaid at 32.5% and Medicare at 30.8%, followed by commercial insurance at 28.0%, self-pay/uninsured at 7.5%, other at 0.9% and worker's compensation at 0.3%. Approximately 64% of the population is between the ages of 18-65 and approximately 13% of the population is 65 years and older. Over the next five years, the 45-64 age group is estimated to grow by more than 8% and the 65 years and older population is estimated to grow by 7.5%. Of the population, 72.6% identify themselves as Non-Hispanic, while 27.4% identify themselves as Hispanic. Of the population, 44.7% is White, followed by 25% African American, 19.2% other (includes Native Hawaiian, Pacific Islander, and individuals of two or more races), 10.7% Asian and 0.5% Native American(2). Socioeconomic Status The percentage of persons living below the poverty level is 20% in New York County, 31% in Bronx County, 25% in Kings County, 15% in Queens County and 8.8% in Westchester County, compared to 21.2% citywide(3). Residents of these areas receive public assistance at a rate of 17.7% in New York County, 29.2% in Bronx County, 23% in Kings County, 12.6% in Queens County, and 2.7% in Westchester County, compared with 19.3% for the rest of New York City(4). As of July 2009, the unemployment rates reported for the service area are 8.6% for New York County, 12.9% for Bronx County, 10.6% for Kings County, 8.8% for Queens County, and 7.3% for Westchester County, The overall New York State unemployment rate is 8.6%(5). The percentage of households with incomes less than $15,000 is 18% in New York County, 29% in Bronx County, 24% in Kings County, 15% in Queens County, and 10% in Westchester County(6). (1) Claritas 2008. (2) Ibid. (3) New York City Department of City Planning (September 2006). (4) Ibid. (5) New York State Department of Labor, Local Area Unemployment Statistics. (6) Claritas 2008. Specific neighborhoods in New York-Presbyterian's service area include Washington Heights/Inwood (WH/I), Central Harlem, East Harlem, Riverdale/Kingsbridge, and Westchester, Each of these neighborhoods is distinct in its ethnic diversity and socio-economic background. 1) Washington Heights/Inwood - Population 270,000, % of residents under the age 44* 70, % of foreign born* 51, % of residents(25 year or older)with only a high school dipolma* 19, and % college graduates* 18. Race*: white 11%, African-American 14%, Hispanic 71%, Asian 2%, and other 2%. 2)Central Harlem - Population 151,100, % of residents under the age 44* 70, % of foreign born* 19, % of residents(25 year or older)with only a high school dipolma* 25, and % college graduates* 20. Race*: white 8%, African-American 67%, Hispanic 19%, Asian 3%, and other 3%. 3)East Harlem - Population 108,100, % of residents under the age 44* 70, % of foreign born* 21, % of residents(25 year or older)with only a high school dipolma* 23, and % college graduates* 13. Race*: white 7%, African-American 33%, Hispanic 55%, Asian 3%, and other 2%. 4)Riverdale/Kingsbridge - Population 89,000, % of residents under the age 44* 58, % of foreign born* 30, % of residents(25 year or older)with only a high school dipolma* 21, and % college graduates* 38. Race*: white 49%, African-American 11%, Hispanic 32%, Asian 5%, and other 3%. 5)Westchester** - Population 923,459, % of residents under the age 44* 63, % of foreign born* 22, % of residents(25 year or older)with only a high school dipolma* 22, and % college graduates* 46. Race*: white 64%, African-American 14%, Hispanic 16%, Asian 5%, and other 1%. *Source: New York City Department of Health and Mental Hygiene, Community Health Profile - 2006 (Does Not Include Westchester County) * * U.S. Census Bureau, Census 2000, Table DP-1 & 2. Profile of General Demographics Characteristics: 2000, (Westchester County) Community Building Activities: Public Participation NewYork-Presbyterian is committed to serving the vast array of neighborhoods comprising its service area and recognizes the importance of preserving a local community focus to effectively meet community need. The Hospital adheres to a single standard for assessing and meeting community need, while retaining a geographically-focused approach for soliciting community participation and involvement and providing community outreach. The Hospital has fostered continued community participation and outreach activities through linkages with the NewYork-Presbyterian Community Health Advisory Council, the NewYork-Presbyterian/Weill Cornell Community Advisory Board, the Westchester Division Consumer Advocacy Committee, the NewYork-Presbyterian/Allen Hospital Community Task Force and the Building Bridges-Building Knowledge-Building Health Coalition of Northern Manhattan, East Harlem and the South Bronx. NewYork-Presbyterian has worked closely with Community Districts 8 and 12 to assess healthcare needs and coordinate efforts to better serve these areas. The Hospital has also assessed community need in consultation with a wide variety of community physicians that serve patients who receive care at three (3) of NewYork-Presbyterian's facilities: NewYork-Presbyterian/Columbia, NewYork-Presbyterian/Allen Hospital and the Morgan Stanley Children's Hospital. In 2011, the Hospital continued to work with the WH/I Emergency Preparedness Task Force to further community preparedness. NewYork-Presbyterian has met with all of these community groups and discussions have yielded significant knowledge and cooperation on many fronts: The NewYork-Presbyterian Community Health Advisory Council: The NewYork-Presbyterian Hospital Community Health Advisory Council was established in 2004. The Council provides the opportunity for community leaders and residents to directly engage Hospital senior leadership and collaboratively develop ways to address community concerns. On Saturday, March 5th, 2011, at the Vivian & Seymour Milstein Family Heart Center, a joint Council meeting of NewYork-Presbyterian and Weill Cornell Medical College was convened to address budgetary cuts, community preparedness, patient access and community engagement regarding the best approach to tackling chronic diseases. The Committee also engaged elected officials. The NewYork-Presbyterian/Weill Cornell Community Advisory Board: The NewYork-Presbyterian/Weill Cornell Community Advisory Board was established in 1979 to enhance communication and cooperation between the Hospital and the communities that it serves. The Board identifies health needs of the community, participates in determining how best to meet those health needs where appropriate, initiates the development of a collaboration between the Hospital and community-based organizations and brings internal service delivery problems to the attention of Hospital administration. The Committee met on November 10, 2011. The NewYork-Presbyterian/Allen Hospital Advisory Committee: The NewYork-Presbyterian/Allen Hospital Advisory Committee was established to foster greater community input in the delivery of healthcare and to promote community awareness of hospital activities and services. The Committee met on September 27, 2011. Community Board Districts 8 and 12: NewYork-Presbyterian meets regularly with Community Board Districts 8 and 12. These Districts encompass two large sections of the Hospital's service area. The Health Committee of Community Board District 12 in Manhattan meets monthly to discuss the health needs of the community. NewYork-Presbyterian's Vice President of Government and Community Affairs is a member of the Health Committee and regularly reports on Hospital programs, services, community outreach and budget issues. The interaction between NewYork-Presbyterian and the Community Board is extremely valuable since it enables the Hospital to have first hand reports of community concerns. Community Physicians of NewYork-Presbyterian/Columbia: This organization of independent physicians in private practice provides a forum for discussion and networking for NewYork-Presbyterian and the many community physicians practicing in large sectors of the Hospital's service area in Northern Manhattan. Notifications of meetings are sent to all community physicians who have been identified as having an interest in participation. NewYork-Presbyterian's outreach has resulted in building an organization of more than 200 community physicians. This group meets monthly with administrative and clinical leaders to discuss issues such as healthcare access, emergency services, and collaborations for diabetes management, obesity prevention, and asthma control as well as health promotion efforts. In addition, community physicians serve as mentors to participants in the Lang Youth Program, a six-year longitudinal science enrichment, youth development program for 6th-12th grade students who reside in Washington Heights and Inwood. The Washington Heights/Inwood Emergency Preparedness Task Force: The Washington Heights/Inwood Emergency Preparedness Task Force held a community Blood Drive on Tuesday, May 31st and on Wednesday, June 1st, 2011 in partnership with the NY Blood Bank, State Senator Adriano Espaillat and Yeshiva University. This group meets regularly to discuss: Vaccinations Community resources Distribution of flyers and posters Effective communication and outreach, including utilization of local media Extensive outreach to immigrant and non-English speaking populations Alternate sites for expansion Members include: NewYork-Presbyterian Columbia University Medical Center New York City Department of Health and Mental Hygiene Community Board 12 Community Board 12 Emergency Response team (CERT) 33rd and 34th Police Precincts Community League of the Heights Project Renewal Isabella Geriatric Center Northern Manhattan Coalition for Immigrant Rights Yeshiva University Local elected officials Healthy Children in the Heights Program: On June 17, 2011, NewYork-Presbyterian (NYP) Hospital launched the Healthy Children in the Heights Program. NYP has been working for years to address the disproportionately high rates of obesity (and attendant illnesses) among young people (mainly young Latinos) in Northern Manhattan. Most of NYP's work on this important issue has been through its CHALK (Choosing Healthy & Active Lifestyles for Kids) Program. NYP is expanding the public outreach component of the CHALK program and increasing its visibility as a community based model of pediatric health and wellness. To do that it is engaging in a number of activities including grassroots outreach, public forums on health and wellness and a community-wide campaign to have Northern Manhattan leaders, residents and businesses sign the CHALK Health and Wellness Pledge, a public commitment to the principles of nutrition, exercise and healthy living. NYP has partnered with community based organizations, small businesses, and other community stakeholders to make sure that the Healthy Children in the Heights reaches deep into the Northern Manhattan communities where obesity, asthma, diabetes and other illnesses are wreaking havoc. Other Information: NEWYORK-PRESBYTERIAN HOSPITAL IS A 2,298-BED, 501(C)(3) NOT-FOR-PROFIT, ACADEMIC MEDICAL CENTER. IT IS COMMITTED TO THE SPECIAL AND COMPLEX MISSION OF PATIENT CARE, TEACHING, RESEARCH, AND COMMUNITY SERVICE. NEWYORK-PRESBYTERIAN OFFERS A FULL RANGE OF SERVICES FROM PRIMARY THROUGH QUATERNARY CARE. NEWYORK-PRESBYTERIAN HAS OVER 117 FULLY ACCREDITED TRAINING PROGRAMS AND APPROXIMATELY 1,641 FULL-TIME EQUIVALENT RESIDENTS AND FELLOWS. NEWYORK-PRESBYTERIAN PROVIDES STATE-OF-THE-ART INPATIENT, AMBULATORY, AND PREVENTIVE CARE. AN INTEGRAL COMPONENT OF NEWYORK-PRESBYTERIAN IS THE AMBULATORY CARE NETWORK (ACN). THE ACN CONSISTS OF 13 PRIMARY CARE SITES AND 7 SCHOOL-BASED HEALTH CENTERS THAT ARE ACCESSIBLE TO ALL COMMUNITIES SERVED. THE ACN OFFERS PRIMARY CARE SERVICES IN OBSTETRICS AND GYNECOLOGY, PEDIATRICS, INTERNAL MEDICINE, FAMILY MEDICINE AND GERIATRICS AND NUMEROUS SUB-SPECIALTY CARE SERVICES. COMPREHENSIVE PRIMARY CARE, REPRODUCTIVE HEALTHCARE AND FAMILY PLANNING SERVICES ARE PROVIDED IN THE SCHOOL-BASED HEALTH CENTERS. PRIMARY AND SPECIALTY SERVICES ARE PROVIDED IN LOCATIONS THROUGHOUT NEWYORK-PRESBYTERIAN'S SERVICE AREA. NEWYORK-PRESBYTERIAN ALSO SERVES AS THE ACADEMIC AND TERTIARY HUB OF THE NEWYORK-PRESBYTERIAN HEALTHCARE SYSTEM, AN UNINCORPORATED FEDERATION OF AUTONOMOUSLY OPERATED TAX EXEMPT HEALTHCARE ORGANIZATIONS IN THE METROPOLITAN AREA. NEWYORK-PRESBYTERIAN'S STRATEGIC INITIATIVES SUPPORT THE ULTIMATE GOAL: "WE PUT PATIENTS FIRST." THIS MEANS THAT NEWYORK-PRESBYTERIAN MUST MAKE PATIENTS THE FIRST PRIORITY AND STRIVE TO PROVIDE THEM WITH THE HIGHEST QUALITY, SAFEST, AND MOST COMPASSIONATE CARE AND SERVICE. NEWYORK-PRESBYTERIAN'S SIX STRATEGIC INITIATIVES ARE: 1)QUALITY AND SAFETY 2)PEOPLE DEVELOPMENT 3)ADVANCING CARE 4)FINANCIAL AND OPERATIONAL STRENGTH 5)PARTNERSHIPS 6)SERVING THE COMMUNITY Two of New York Presbyterian Hospital's Strategic initiatives demonstrate how the hospital furthers its exempt purpose: 1)FINANCIAL AND OPERATIONAL STRENGTH - NEWYORK-PRESBYTERIAN'S FINANCIAL STABILITY ENABLES GROWTH, AND IS VITAL TO ACHIEVING ITS GOALS. IT HAS ENABLED NEWYORK-PRESBYTERIAN TO MAKE NECESSARY INVESTMENTS IN ADDITIONAL RESOURCES, PEOPLE, SPACE AND TECHNOLOGY. THE ORGANIZATION IS FINANCIALLY SOUND, AND ITS ACCOMPLISHMENTS AND PRUDENT INVESTMENTS HAVE POSITIONED THE ORGANIZATION WELL FOR THESE CHALLENGING ECONOMIC TIMES. NEWYORK-PRESBYTERIAN WILL CONTINUE TO MANAGE ITS OPERATIONS AS EFFICIENTLY AS POSSIBLE TO CONTINUE TO BE ABLE TO PROVIDE HIGH QUALITY CARE AND SERVICES TO PATIENTS. 2)SERVING THE COMMUNITY - NEWYORK-PRESBYTERIAN PLAYS A DUAL ROLE IN HEALTHCARE, AS BOTH A WORLD CLASS ACADEMIC MEDICAL CENTER AND AS A LEADING COMMUNITY AND SAFETY-NET HOSPITAL IN OUR SERVICE AREA. NEWYORK-PRESBYTERIAN IS COMMITTED TO PROVIDING ONE STANDARD OF CARE TO ALL PATIENTS THROUGH A RANGE OF PROGRAMS AND SERVICES TO LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL COMMUNITIES. NEWYORK-PRESBYTERIAN CONTINUES TO ENHANCE ACCESS TO OUR EMERGENCY DEPARTMENTS AND AMBULATORY CARE NETWORK, PROMOTE HEALTH EDUCATION AND PREVENTION, OFFER CULTURALLY-SENSITIVE LANGUAGE ACCESS SERVICES, AND PROVIDE CHARITY CARE TO THE POOR AND QUALIFIED INDIVIDUALS AMONG THE UNINSURED AND UNDERINSURED. All States which Organization files a Community Benefit Report: New York Part V, Section B, Question 13g (locations 1 - 5) The measures by which the Hospital publicizes the policy to the community served by the Hospital include: Distribution of a Summary of the policy (which describes income levels used to determine eligibility, the primary service area of the Hospital, and the means of applying for assistance) to patients, posting of signs alerting patients to the availability of financial assistance , posting of information about the policy including the Summary on the Hospital's website, inclusion of a notice on patient bills that charity care/financial assistance is available to eligible patients, and the distribution of applications for charity care/financial aid to interested patients. Part V, Section B, Question 19d (locations 1 - 5) The hospital facility used its "highest volume payor" when calculating the maximum amount that can be charged to outpatients and the Medicaid rate when calculating the maximum amount that can be charged to inpatients. true American Heart Association Inc 7272 GREENVILLE AVE DALLAS TX 75231 135613797 501(c)(3) 10000 N/A N/A HEALTH PROMOTION The NY Hospital Medical Ctr of Queens 56-45 Main Street Flushing NY 11355 111839362 501(c)(3) 18700 N/A N/A HEALTH PROMOTION The Rogosin Institute Inc 505 East 70th Street NEW YORK NY 10021 133184198 501(c)(3) 6500 N/A N/A HEALTH PROMOTION United Hospital Fund of New York 1411 Broadway New York NY 10118 131562656 501(c)(3) 51500 N/A N/A HEALTH PROMOTION Avon Products Foundation Inc 1345 Avenue of the Americas New York NY 10105 136128447 501(c)(3) 20000 N/A N/A Health Promotion 1199 SEIU Employer Child Care Corp PO Box 842 New York NY 10108 134063281 501(c)(3) 17500 0 N/A N/A Operating Support The Trustee of Columbia University 615 West 131st Street MC 8741 New York NY 10027 135598093 501(c)(3) 27000 N/A N/a Operating Support Hospital for Special Surgery 535 East 70th Street New York NY 10021 131624135 501(c)(3) 12500 N/A N/A Health Promotion HSCB Foundation(SUNY Downstate Med Ctr) 450 Clarkson Avenue Box 1219 Brooklyn NY 11203 112418771 501(c)(3) 6000 N/A N/A Health Promotion James Lenox House Association Inc 49 East 73rd Street New York NY 10021 131624148 501(c)(3) 11050 0 N/A N/A Health Promotion New York eHealth Collaborative Inc 40 Worth Street 5th Fl New York NY 10013 208022336 501(c)(3) 10000 N/A N/A Health Promotion Northern Westchester Hospital Association 400 East Main Street Mount Kisco NY 10549 131740118 501(c)(3) 10000 N/A N/A Health Promotion Parkinson's Disease Foundation Inc 1359 Broadway 1509 New York NY 10018 131866796 501(c)(3) 10000 0 N/A N/A Health Promotion Royal Charter Properties Westchester 525 East 68th st box 156 New York NY 10065 133160354 501(c)(3) 26034 0 n/a n/a support 14 0 Part I, Line 2 Prior to awarding assistance to organizations, an assessment is made on the ultimate use of the funds. Final determination is based on whether the funds will be utilized to further our mission. Part II, #14 Per the certificate of incorporation, operating losses of Royal Charter Properties Westchester, inc are funded by the New York and Presbyterian Hospital. X X X true true X X X X X true true false false false false false true false Herbert Pardes MD 1712792 0 1841009 0 500155 0 24500 0 30280 0 4108736 0 0 0 Steven J Corwin MD 1147421 0 1108534 0 630686 0 152653 0 37142 0 3076436 0 95060 0 Phyllis RF Lantos 835847 0 828613 0 500216 0 59494 0 34349 0 2258519 0 169720 0 Kathleen M Burke Esq 284455 0 54174 0 5920 0 24500 0 20521 0 389570 0 0 0 Robert E Kelly MD 868721 0 711254 0 331401 0 134783 0 43662 0 2089821 0 59844 0 Aurelia G Boyer 552499 0 399921 0 184467 0 58163 0 27340 0 1222390 0 36418 0 Emme L Deland 420414 0 241471 0 153838 0 72533 0 10681 0 898937 0 15226 0 Maxine Frank Esq 697786 0 515879 0 353031 0 80145 0 29334 0 1676175 0 97854 0 G Thomas Ferguson 464274 0 321375 0 418452 0 17150 0 24402 0 1245653 0 84121 0 Laura L Forese MD 673143 0 469807 0 132462 0 116153 0 13515 0 1405080 0 9836 0 Mark E Larmore 666221 0 549468 0 164488 0 113178 0 37584 0 1530939 0 14649 0 Wilhelmina ManzanoMARN 574735 0 385680 0 94605 0 135146 0 20831 0 1210997 0 14262 0 Wayne M Osten 502861 0 322439 0 62600 0 190543 0 25163 0 1103606 0 0 0 Kenneth Ouriel MD 0 0 0 0 545733 0 0 0 24120 0 569853 0 0 0 William A Polf PhD 422579 0 272684 0 97392 0 24500 0 48778 0 865933 0 0 0 Gloria D Reeg 380467 0 383327 0 33040 0 210769 0 22971 0 1030574 0 0 0 Louis F Reuter IV 518010 0 404523 0 197397 0 24093 0 30173 0 1174196 0 27520 0 Dov Schwartzben 767541 0 450501 0 130485 0 137242 0 36264 0 1522033 0 15317 0 Gary J Zuar 496343 0 354000 0 157048 0 99883 0 34298 0 1141572 0 37252 0 Andria Castellanos 477376 310007 45698 126034 42328 1001443 0 Susan Mascitelli 404664 0 286608 0 39792 0 110423 0 38229 0 879716 0 0 0 Joan M Leiman PhD 381694 0 244617 0 40393 0 24500 0 8795 0 699999 0 0 0 John Fleischer 430966 0 82500 0 44639 0 14700 0 21007 0 593812 0 0 0 Steven D Forman 407900 0 81136 0 47554 0 15313 0 18116 0 570019 0 0 0 Jaclyn A Mucaria 450818 0 271863 0 31695 0 105030 0 38736 0 898142 0 0 0 Eliot Lazar 527048 0 267443 0 37462 0 114732 0 42686 0 989371 0 0 0 Suzanne Boyle 318861 0 71500 0 131853 0 14700 0 13895 0 550809 0 0 0 Cynthia N Sparer 0 0 0 0 1397670 0 0 0 0 0 1397670 0 0 0 Kevin Hammeran 430254 0 206383 0 24011 0 10204 0 29971 0 700823 0 0 0 William j farrell 369159 0 139460 0 31976 0 24500 0 24908 0 590003 0 0 0 Part Vii & Schedule J, Supplemental Information The officers and key employees identified in Part VII are responsible for executing the mission and management of The New York and Presbyterian Hospital (NYP) and its affiliated entities. Compensation for 2011 of these upper level executives includes the payout of an annual incentive plan and a long-term incentive plan. This performance-oriented program conditions payments upon the achievement of multiple individual and group performance measures. Measures to monitor performance include: operational and financial strength, patient quality and safety, patient satisfaction, advancement of patient care, and people development and partnership. Incentive awards may only be granted if the organization achieves a financial surplus. Even if all relevant performance measurements are achieved, the NYP Board of Trustees retains full discretion to make or not make any incentive awards, or to reduce the amount of any incentive award. This initiative is critical to assuring that NYP has the requisite leadership to create and manage a highly motivated and engaged workforce, to drive superior performance throughout the organization and to achieve top tier medical center status. As a separate matter, due to restrictions imposed by the Internal Revenue Code, upper level executives are limited in the amount of benefits received under a tax-qualified retirement plan. Like many employers, NYP supplements these executives' pension benefits through a supplemental ("nonqualified") retirement plan. The supplemental executive retirement plan (SERP) is subject to a multi-year vesting requirement which places an executive's supplemental retirement benefit at risk of forfeiture if the vesting requirements are not satisfied. Once vested, however, provisions of the Internal Revenue Code require that the vested executive include in current income the value of his or her vested supplemental retirement benefit. Notwithstanding the legal requirement to recognize the vested value of the supplemental retirement benefit as current income, the supplemental retirement benefit will not be distributed to the executive until the executive actually retires from NYP (although, as permitted by the Internal Revenue Code, the supplemental retirement plan will effect a distribution of an amount necessary to satisfy the executive's tax liability resulting from the income recognition upon vesting). As noted, this supplemental retirement benefit will not be distributed to the executive until the executive actually retires from NYP. There are constantly changing legal, tax, accounting, and public disclosure rules for a SERP (supplemental executive retirement plan) in not-for-profit organizations. The executive Compensation Committee continuously monitors these changes and incorporates any changes into the overall SERP plan design. In 2010, the plan was redesigned in anticipation of changes in deferred compensation rules in the not-for-profit environment and to make the value of the benefit easier to understand for participants. The redesigned plan maintains the target level of SERP benefits and modifies the vesting schedules to commence after five years of participation in the SERP, in prorated amounts through age 65. Consequently, for certain individuals, there is an increase in the amount reflected in the SERP compensation due to the change in the vesting and amortization periods. As noted, this supplemental retirement benefit will not be distributed to the executive until the executive actually retires from NYP. As in past years, the executive Compensation Committee of NYP requires a third party complete a review of the organization's compensation program to ensure its effectiveness in terms of government regulations, market conditions and the need to continually elevate organizational performance. The report also serves to meet the regulatory obligations to ensure that all elements of the executive compensation programs are reasonable. Each of the officers and key employees listed devotes an average of sixty hours per week to perform his or her responsibilities for the reporting entity and other related organizations in the aggregate. Part I, Line 1a: The travel policy states that coach class is required for trips less than 4 hours in duration. Business class for trips of greater duration. The CEO, President, and Executive Vice Presidents are authorized first class if business class is not available. For others, first class requires prior authorization. The New York and Presbyterian Hospital supplies monthly housing allowance to certain executives due to the extent and nature of their responsibilities. The New York and Presbyterian Hospital supplies transportation to certain executives due to the extent and nature of their responsibilities across various physical locations. In so far as necessary, The New York and Presbyterian Hospital records any applicable items as taxable compensation to the individual(s) as required by the Internal Revenue Code. Part I, Line 4a: Kenneth Ouriel, MD was on a severance Payment Plan. He received his base salary through 10/22/2011. Part I, Line 4b: Participated in Supplemental Nonqualified Retirement plan: Andria Castellanos: $101,534 Aurelia Boyer : 38,563 Dov Schwartzben : 120,295 Eliot Lazar : 95,132 Emme Deland : 55,383 Gary Zuar : 85,183 Gloria Reeg : 201,336 Jaclyn Mucaria : 87,880 Laura Forese : 91,653 Mark Larmore : 88,678 Maxine Frank : 62,995 Phyllis Lantos : 42,344 Robert Kelly : 110,283 Steven Corwin : 132,646 Susan Mascitelli : 85,923 Wayne Osten : 175,843 Wilhelmina Manzano: 117,996 Part I, Line 4b: Supplemental Nonqualified Retirement Plan as reported on the W-2: Aurelia Boyer : $ 124,133 Dov Schwartzben : 55,349 Emme Deland : 105,981 Gary Zuar : 97,610 Herbert Pardes : 190,618 Laura Forese : 68,601 Louis Reuter : 116,213 Mark Larmore : 100,486 Maxine Frank : 273,992 Phyllis Lantos : 405,530 Robert Kelly : 237,528 Steven Corwin : 314,202 Thomas Ferguson : 362,786 Wilhelmina Manzano: 50,517 William Polf : 72,053 Cynthia Sparer : 1,397,670 Part I, Line 7: See Schedule O Pt VI Line 15 - Compensation Process for an explanation of Annual Incentive Plan Payments. DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 64983TXG3 2004-07-15 333418465 REFUNDING OF 1994 BONDS false false false DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 649903TK7 2007-09-20 297666000 HOSPITAL CONSTRUCTION false false false DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 2007-10-31 23273004 TAX EMEMPT EQUIPMENT LEASE false false false DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 2008-06-24 10063900 TAX EXEMPT EQUIPMENT LEASE false false false 115455000 0 333418465 25757000 0 298673182 2714111 1693282 0 4580890 0 0 1991 true false true true 5910000 0 298131899 22815000 21376053 0 3381110 3060972 0 242789014 0 4709750 2010 false false false true 14172633 0 23301188 0 0 0 108160 0 0 23193028 0 0 2008 false false true true 5631333 0 10063900 0 0 0 64000 0 0 9999900 0 0 2008 false false true true 0 false false false false 0.00500 0.00500 true false false false false 0.00000 0.00000 0.00000 true false false false false 0 true true false false 0 true supplemental info false false true false false true supplemental info true supplemental info true true false false false false 0 false 0 false true false false false 0 false 0 false true X See Schedule O 0 DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 2009-10-22 4295172 TAX EXEMPT EQUIPMENT LEASE false false false DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 2009-12-29 4682131 TAX EXEMPT EQUIPMENT LEASE false false false DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 2011-02-15 11452835 TAX EXEMPT EQUIPMENT LEASE false false false 1441049 0 4295172 0 0 0 38143 0 0 4257029 0 0 2010 false false false true 1449756 0 4682131 0 0 0 43098 0 0 4639033 0 0 2009 false false false true 1370681 0 11452881 0 0 0 72931 0 0 10941780 0 438170 2011 false false false true false false false false 0.00000 0.00000 0.00000 true false false false false 0.00000 0.00000 0.00000 true false false false false 0.00000 0.00000 0.00000 true false false false 0 false 0 false true false false false 0 false 0 false true false false false 0 false 0 false true MSC INDUSTRIAL DIRECT CO SEE Supplemental info 119850 PURCHASE GOODS & MATERIALS false JOSHUA LANTOS See Supplemental info 54726 Employment false General electric See Supplemental info 19828164 Leased Med Equip/Med Supplies false JENNA LAZAR See Supplemental info 55305 employment false Verizon see supplemental info 5158630 Telephone Service false cigna see supplemental info 139017876 Health insurance payments false goldman sachs see supplemental info 353498 investment fees/Bond Interest false new york yankees see supplemental info 1491423 advertising false och-ziff capital management group see supplemental info 245800 investment mgt fees false Sunguard Data Systems Inc see supplemental info 4386774 Information Technology false johnson and johnson healthcare syst see supplemental info 8765792 medical supplies false PART IV, COLUMN B 1)MITCHELL JACOBSON, TRUSTEE, is chairman & PRINCIPAL Shareholder OF MSC INDUSTRIAL DIRECT. 2)PHYLLIS LANTOS, OFFICER, SON J. LANTOS IS EMPLOYED BY NYP HOSPITAL. 3)ANDREA JUNG & ROCHELLE LAZARUS, TRUSTEES, ON BOARD OF DIRECTORS OF General Electric. 4)ELIOT LAZAR,KEY EMPLOYEE,DAUGHTER,J.LAZAR EMPLOYED BY NYP hospital. 5)Ivan Seidenberg, Trustee, was the president and ceo of verizon. Retired from Verizon in August 2011. 6)ROMAN MARTINEZ IV, TRUSTEE, MEMBER OF BOARD OF DIRECTORS FOR CIGNA. 7)SHARMIN MOSSAVAR-RAHMANI, TRUSTEE is a Managing Director; and John weinberg, trustee, is a Vice Chairman; Both for Goldman Sachs. 8)Michael Tusiani, trustee, son is a svp; leonard wilf, trustee, is a director; and Jerry Speyer, Trustee, is a director; all for the NY yankees. 9)Daniel Och, trustee, CEO, Och - Ziff Capital Management Group. 10)Glenn Hutchins, trustee, is the Chairman for Sunguard Data Systems. 11)Margaret Wolff, Trustee, Spouse is on the board of directors for Johnson & Johnson. Part VII & Schedule J, Supplemental Information The officers and key employees identified in Part VII are responsible for executing the mission and management of The New York and Presbyterian Hospital (NYP) and its affiliated entities. Compensation for 2011 of these upper level executives includes the payout of an annual incentive plan and a long-term incentive plan. This performance-oriented program conditions payments upon the achievement of multiple individual and group performance measures. Measures to monitor performance include: operational and financial strength, patient quality and safety, patient satisfaction, advancement of patient care, and people development and partnership. Incentive awards may only be granted if the organization achieves a financial surplus. Even if all relevant performance measurements are achieved, the NYP Board of Trustees retains full discretion to make or not make any incentive awards, or to reduce the amount of any incentive award. This initiative is critical to assuring that NYP has the requisite leadership to create and manage a highly motivated and engaged workforce, to drive superior performance throughout the organization and to achieve top tier medical center status. As a separate matter, due to restrictions imposed by the Internal Revenue Code, upper level executives are limited in the amount of benefits received under a tax-qualified retirement plan. Like many employers, NYP supplements these executives' pension benefits through a supplemental ("nonqualified") retirement plan. The supplemental executive retirement plan (SERP) is subject to a multi-year vesting requirement which places an executive's supplemental retirement benefit at risk of forfeiture if the vesting requirements are not satisfied. Once vested, however, provisions of the Internal Revenue Code require that the vested executive include in current income the value of his or her vested supplemental retirement benefit. Notwithstanding the legal requirement to recognize the vested value of the supplemental retirement benefit as current income, the supplemental retirement benefit will not be distributed to the executive until the executive actually retires from NYP (although, as permitted by the Internal Revenue Code, the supplemental retirement plan will effect a distribution of an amount necessary to satisfy the executive's tax liability resulting from the income recognition upon vesting). As noted, this supplemental retirement benefit will not be distributed to the executive until the executive actually retires from NYP. There are constantly changing legal, tax, accounting, and public disclosure rules for a SERP (supplemental executive retirement plan) in not-for-profit organizations. The executive Compensation Committee continuously monitors these changes and incorporates any changes into the overall SERP plan design. In 2010, the plan was redesigned in anticipation of changes in deferred compensation rules in the not-for-profit environment and to make the value of the benefit easier to understand for participants. The redesigned plan maintains the target level of SERP benefits and modifies the vesting schedules to commence after five years of participation in the SERP, in prorated amounts through age 65. Consequently, for certain individuals, there is an increase in the amount reflected in the SERP compensation due to the change in the vesting and amortization periods. As noted, this supplemental retirement benefit will not be distributed to the executive until the executive actually retires from NYP. As in past years, the executive Compensation Committee of NYP requires a third party complete a review of the organization's compensation program to ensure its effectiveness in terms of government regulations, market conditions and the need to continually elevate organizational performance. The report also serves to meet the regulatory obligations to ensure that all elements of the executive compensation programs are reasonable. Each of the officers and key employees listed devotes an average of sixty hours per week to perform his or her responsibilities for the reporting entity and other related organizations in the aggregate. Part I, Lines 11 & 17 & Lines 20-21 (prior year) and Part X, Lines 15, 16, 25, & 26, Column A (prior year): The amounts shown on the above lines for the prior year were reclassified to make the information more comparable to the current year. Part VI, Line 2 Jeffrey W Greenberg and Maurice R Greenberg have a family relationship. Ellen Marram and John Merow have a business relationship. Jeffrey Harris and Sarah Nash have a business relationship. Jeffrey Harris and Adebayo Ogulesi have a business relationship. Rochelle lazarus and Andrea Jung have a business relationship. Jerry Speyer and Leonard Wilf have a business relationship. Herbert Pardes and Maurice Greenberg have a business relationship. Seymour Sternberg and John Thain have a business relationship. John Merow and H. Rodgin Cohen have a business relationship. Eliot Lazar and Gary Zuar have a business relationship. John Weinberg and Sharmin Mossavar-Rahmani have a business relationship. Part VI, Line 6 The New York and Presbyterian Hospital has Members of the corporation. See also: Schedule O Disclosure for Pt VI-A, Line 7b. Part VI, Line 7b The Members are the same as the Trustees. There are four classes of Members and the classes and members thereof are the same as those for the Hospital. Four of the Members/Trustees serve ex-officio and thus are not members of a class. The Members have the rights and duties provided under the New York Not-for-Profit Corporation Law. Article II of the By-Laws "Members" provides as follows: Members: The Members of the Hospital shall consist of those persons who are Trustees of the Hospital. Election of any person as a Trustee shall automatically constitute the election of such person as a Member of the Hospital. Upon the termination of office as a Trustee of any person for any reason, such person shall thereupon cease to be a Member of the Hospital. Authority: Members shall have the voting and other rights expressly granted to members of a domestic corporation under the Not-for-Profit Corporation Law of the State of New York. Annual Meeting: An Annual Meeting of the Members for the election of Trustees and the transaction of other business shall be held in December of each year on such day as may be determined by the Chairman, the Chief Executive Officer or the Board of Trustees. Special Meetings: Special meetings of the Members may be called by the Chairman, the Chief Executive Officer or the Board of Trustees. Special Meetings shall also be called by the Secretary upon demand of not less than 10% of the members. Notice of a special meeting shall also state the purpose or purposes for which the meeting is called. Notice: Notice of each meeting of the Members shall be given to each Member, personally, by first class mail, or electronically, not less than 10 nor more than 50 days before the date of the meeting. Notices shall be deemed to have been given by mail when deposited in the United States mail. Notices shall be sent or delivered to each Member at the address designated by that Member for that purpose, or, if none has been so designated, at the Member's last known residence or business address. Waiver of Notice: Notice of a meeting of Members need not be given to any member who submits a signed waiver of notice, in person or by proxy, whether before or after the meeting, or who attends the meeting, in person or by proxy, without protesting prior to the conclusion of the meeting the lack of notice of the meeting. Quorum: At all meetings of the Members, 10% of the total number of Members shall constitute a quorum for the transaction of business. Voting: At any meeting of the Members, each Member shall be entitled to one vote, cast either in person or by written proxy. Unless a greater proportion is required by law or these By-Laws, Trustees shall be elected by a plurality of the votes cast at a meeting of Members. Whenever any corporate action, other than the election of Trustees, is to be taken by vote of the Members, it shall, unless a greater proportion is required by law, the Certificate of Incorporation or these By-Laws, be authorized by a majority of the votes cast at a meeting of the Members. Action Without a Meeting: Any action required or permitted to be taken by the Members may be taken without a meeting on written consent, setting forth the action so taken, signed by all the Members. Telephone Participation: Any one or more Members may participate in a meeting by means of conference telephone or similar communications equipment allowing all persons participating in the meeting to hear each other at the same time. Participation by such means shall constitute presence in person at a meeting. PART VI, LINE 11A & B Finance coordinated and completed all of the information required for Form 990, accessing various resources including, legal, human resources, development, and other departments as needed. Senior Finance executives complete a review of the return in conjunction with, Ernst & Young U.S. llp, paid preparer, prior to submission to the Audit and Corporate Compliance Committee of the Board. A copy of the 990 is sent to the Committee for review and approval at the audit and corporate compliance committee meeting preceding the filing. The Audit and Corporate Compliance Committee recommends to the Executive Committee and/or the Full Board of Trustees for their approval. A copy of the Form 990 was made available to the governing body at the Board of Trustee's meeting preceding the filing. The Hospital files the 990 upon final approval. Part VI, Line 12C The Hospital adheres to a conflict of interest (COI) policy that was approved by the Audit and Corporate Compliance Committee of the Board of Trustees. The policy states in part: "Each Board Member, Officer or Key Person of a New York-Presbyterian Organization shall complete a conflict of interest questionnaire upon becoming a Board Member, Officer or Key Person of the New York-Presbyterian Organization and annually thereafter." The policy also states that "each Board Member, Officer, or Key Person shall promptly advise the Chief Executive Officer of the New York and Presbyterian Hospital, or his or her delegate, of any changes to the information provided in that individual's last completed conflict of interest questionnaire." The policy provides that the submissions will be reviewed and then submitted to the Audit and Corporate Compliance Committee for review. Specifically, forms are submitted to the Audit and Corporate Compliance Office. Any forms that disclose potential conflicts are reviewed by the employee's Senior Vice President who recommends how to address the issue(s). SVP recommendations are reviewed by the Vice President for Audit and Corporate Compliance, the General Counsel and Executive Vice President and then submitted to the Audit and Corporate Compliance Committee for final review and approval. Letters are sent to the individual who submitted the form advising him/her of the required course of action to resolve or manage the conflicts. Copies are sent to the individual's supervisor. PART VI, LINE 15 The Executive Compensation process at New York Presbyterian (NYP) is administered by a committee of independent trustees. They follow a Board-approved charter and overall executive compensation philosophy. The charter empowers the NYP Board Compensation Committee to administer the executive compensation program and process on behalf of the full Board of Trustees of NYP. Overall, the philosophy is intended to reward a broad spectrum of high organizational and predetermined, measurable individual performance expectations, as well as to foster the retention of key management talent. NYP's executive compensation philosophy is focused on establishing a performance - oriented philosophy and pay strategy designed to attract, retain and reward top talent. To fulfill their responsibility, the Committee also reviews information from multiple sources of market data. One such market definition is a stable group of large health care systems of similar scale and circumstances. Additional information from not-for-profit systems, for-profits systems and comparably sized publicly-traded health care facilities is also used. They use this additional information to support their decisions regarding on-going administration of the program. The Compensation Committee is comprised of independent members of the Board. They meet three to four times per year and make all critical decisions in executive session. These decisions are documented in minutes which are approved in subsequent meetings. The Committee is empowered to, and does, engage outside counsel and consulting support. The above described Executive Compensation Process is an ongoing process, applied annually on a calendar year basis, to all vice presidents, senior vice presidents, group senior vice presidents, executive vice presidents, as well as the chief executive officer and President. Compensation for 2011 of these upper level executives includes the payout of an annual incentive plan and a long-term incentive plan. This performance-oriented program conditions payments upon the achievement of multiple individual and group performance measures. Measures to monitor performance include: operational and financial strength, patient quality and safety, patient satisfaction, advancement of patient care, and people development and partnership. Incentive awards may only be granted if the organization achieves a financial surplus. Even if all relevant performance measurements are achieved, the NYP Board of Trustees retains full discretion to make or not make any incentive awards, or to reduce the amount of any incentive award. This initiative is critical to assuring that NYP has the requisite leadership to create and manage a highly motivated and engaged workforce, to drive superior performance throughout the organization and to achieve top tier medical center status. PART VI, LINE 19 External requests for our governing documents, conflict of interest policy, and financial statements are reviewed for validity. These requests are then granted if deemed appropriate. Part XI, Line 5 Net Unrealized loss on investments -$39,380,000 Distribution from NYP Fund Inc. for purchase of fixed assets $53,582,000 Change in Post Retirement Benefit Liabilities to be Recognized in future periods -$118,280,347 Changes in beneficial interest in net assets held by related organizations -$8,290,000 Accrual of net medical resident tax refund $540,000 Net assets released from restrictions for Operations -$1,023,000 Total = -$112,851,347 Schedule K The total proceeds (line 3) are not identical to the issue price listed in part I, column (e), due to investment earnings. Bond A - Part IV Line 4b/4c AIG Matching Fund 5.7 years Bond B - Part IV Line 3b/3c Goldman Sachs capital markets lp(1) .9 years Goldman Sachs capital markets lp(2) .4 years Line 4b/4c aig matching funds 28.9 years bayishe landesbank 3.3 years NEW YORK-PRESBYTERIAN FOUNDATION INC 525 E 68TH ST BOX 156 NEW YORK NY 10065 134153668 SUPPORT ORG. 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