2024-11-15T16:59:57-06:00 2023-12-31 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2023-01-01 223484247 ST JOSEPH'S HEALTH INC STJO 9737542000 703 MAIN STREET PATERSON NJ 075032621 CHRISTOPHER CAULFIELD AUTHORIZED SIGNER 9737542000 2024-11-15 1 0 P01907071 2127589700 2024-11-15 2023 2024-10-15 13:58:12Z KEVIN J SLAVIN 703 MAIN STREET PATERSON NJ 075032621 0 0 5557 X WWW.STJOSEPHSHEALTH.ORG X 2001 NJ SEE SCHEDULE O 17 16 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 0 3178000 3178000 0 0 3178000 3178000 X ST. JOSEPH'S HEALTH IS A HEALING MINISTRY OF THE CATHOLIC CHURCH SPONSORED BY THE SISTERS OF CHARITY OF SAINT ELIZABETH. SEE SCHEDULE O. 0 0 0 0 0 TAX-EXEMPT PARENT THAT IS ORGANIZED AND OPERATED TO SUPPORT THE TAX-EXEMPT MISSION OF ST. JOSEPH'S HOSPITAL & MEDICAL CENTER (D/B/A ST. JOSEPH'S UNIVERSITY MEDICAL CENTER AND ST. JOSEPH'S WAYNE HOSPITAL). 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 BD 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X CHRISTOPHER CAULFIELD 9737542000 703 MAIN STREET PATERSON NJ 07503 KEVIN J SLAVIN PRESIDENT & CEO 2.00 53.00 X X 0 2572548 14281 ALFRED LEE TRUSTEE 1.00 1.00 X 0 0 0 GUALBERTO MEDINA TRUSTEE 1.00 1.00 X X 0 0 0 JAI G PAREKH MD MBA FAAO TRUSTEE 1.00 1.00 X 0 0 0 ROBERT PAZ TRUSTEE 1.00 1.00 X 0 0 0 SISTER ROSEMARY SMITH TRUSTEE 1.00 1.00 X 0 0 0 DEAN EMMOLO TRUSTEE 1.00 1.00 X X 0 0 0 SISTER ELLEN DAUWER TRUSTEE 1.00 1.00 X 0 0 0 WILFREDO FERNANDEZ TRUSTEE 1.00 1.00 X X 0 0 0 SISTER KAREN HELFENSTEIN TRUSTEE 1.00 1.00 X 0 0 0 MICHAEL MAINERO MD TRUSTEE 1.00 1.00 X 0 0 0 TALIA GRIEP TRUSTEE 1.00 1.00 X X 0 0 0 BERNADETTE COUNTRYMAN TRUSTEE 1.00 1.00 X X 0 0 0 DONNA BOLES TRUSTEE 1.00 1.00 X 0 0 0 MICHAEL J ARMSTRONG TRUSTEE 1.00 1.00 X 0 0 0 MARY MEEHAN TRUSTEE 1.00 1.00 X 0 0 0 SISTER MAUREEN SULLIVAN TRUSTEE 1.00 1.00 X 0 0 0 0 2572548 14281 0 0 1 0 0 0 0 0 0 0 0 0 0 3178000 3178000 3178000 3178000 0 0 X 3178000 3178000 3178000 3178000 3178000 3178000 0 0 X 0 1 X 1 0 X X 1 SJUMC (DBA SJ UNIV MED CTR & SJ 221487602 3 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 CAPTIVE INSURANCE INVESTMENT 3178000 3178000 NORTH AMERICA 0 0 INVESTMENT 3178000 0 0 0 0 0 0 3178000 0 3178000 0 0 1 0 0 0 PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING TO ACCOUNT FOR ITS FOREIGN INVESTMENTS. 0 1 0 0 0 0 0 0 0 KEVIN J SLAVIN PRESIDENT & CEO 0 1562957 0 625460 0 384131 0 11550 0 2731 0 2586829 0 0 PART I, LINE 3: ST. JOSEPH'S HEALTH, INC. UNDERTAKES A RIGOROUS PROCESS TO ENSURE THAT THE OFFICERS OF THE ORGANIZATION IS REASONABLE. IN RELEVANT PART, THE BOARD OF PERSONS THAT HAVE NO PERSONAL INTEREST IN THE PROPOSED COMPENSATION EXECUTIVE COMPENSATION IT PAYS TO ITS TOP MANAGEMENT OFFICIAL AND ALL TRUSTEES HAS ESTABLISHED A COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT ARRANGEMENT. THE BOARD OF TRUSTEES USES AN INDEPENDENT COMPENSATION CONSULTANT TO HELP ADVISE ON THE APPROPRIATE COMPENSATION LEVELS FOR THE AFOREMENTIONED INDIVIDUALS. THAT COMPENSATION CONSULTANT WILL USE COMPARABILITY OR BENCHMARKING DATA (BASED ON INDUSTRY SURVEYS) THAT DOCUMENTS THE COMPENSATION OF PERSONS HOLDING SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS. ONCE THE COMPENSATION CONSULTANT HAS MADE ITS RECOMMENDATIONS, THE SYSTEM'S COMPENSATION COMMITTEE MUST APPROVE THE COMPENSATION, WITHOUT INPUT OR VOTING PARTICIPATION BY THE PERSON WHOSE COMPENSATION IS BEING APPROVED OR BY ANY OTHER INDIVIDUAL WITH A CONFLICT OF INTEREST. THE FINAL DETERMINATION IS THEN DOCUMENTED IN COMMITTEE MINUTES. THOSE MINUTES WILL CONTAIN THE TERMS OF THE PROPOSED COMPENSATION, THE DECISIONS OF THOSE INDIVIDUALS WHO VOTED ON THE COMPENSATION, AND THE COMPARABILITY DATA THAT WAS RELIED UPON. OF INTEREST. THE FINAL DETERMINATION IS THEN DOCUMENTED IN COMMITTEE MINUTES. THOSE MINUTES WILL CONTAIN THE TERMS OF THE PROPOSED COMPENSATION, THE DECISIONS OF THOSE INDIVIDUALS WHO VOTED ON THE COMPENSATION, AND THE COMPARABILITY DATA THAT WAS RELIED UPON. PART I, LINE 4B: PARTICIPANTS WHO ARE EMPLOYED THROUGHOUT A PLAN YEAR SHALL BE ELIGIBLE FOR THE PLAN CONTRIBUTIONS FOR SUCH PLAN YEAR. PARTICIPANTS WHO ARE HIRED AFTER THE START OF A PLAN YEAR OR WHO BECOME ELIGIBLE FOR PARTICIPATION DURING THE COURSE OF A PLAN YEAR DUE TO PROMOTION SHALL BE ELIGIBLE TO RECEIVE A PRO-RATED SERP CONTRIBUTION. IN 2023, CERTAIN EXECUTIVES PARTICPATED IN THE 457F (SERP) PROGRAM. THE FOLLOWING CONTRIBUTIONS WERE MADE IN 2023: KEVIN J. SLAVIN - $401,191 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: OPERATED TO SUPPORT THE TAX-EXEMPT MISSION OF ST. JOSEPH'S HOSPITAL & MEDICAL CENTER (D/B/A ST. JOSEPH'S UNIVERSITY MEDICAL CENTER AND ST. JOSEPH'S WAYNE HOSPITAL). FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: ST. JOSEPH'S HEALTH IS A HEALING MINISTRY OF THE CATHOLIC CHURCH SPONSORED BY THE SISTERS OF CHARITY OF SAINT ELIZABETH. ST. JOSEPH'S HEALTH IS COMMITTED TO PROVIDE EXCEPTIONAL QUALITY CARE WHICH SUSTAINS AND IMPROVES BOTH INDIVIDUAL AND COMMUNITY HEALTH, WITH A SPECIAL CONCERN FOR THOSE WHO ARE POOR, VULNERABLE AND UNDERSERVED. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE ORGANIZATION FOUR PERSONS, WHO ARE MEMBERS OF THE SPONSOR, THE SISTERS OF CHARITY OF SAINT ELIZABETH, ARE MEMBERS OF THE ST. JOSEPH'S HEALTH, INC. BOARD OF TRUSTEES. THE SPONSORING MEMBER OF ST. JOSEPH'S HEALTH INC. IS SETON MINISTRIES, INC. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF THE GOVERNING BODY UNDER SECTION 2.2(B) OF THE SYSTEM'S BYLAWS, THE POWER TO ELECT AND REMOVE TRUSTEES FROM THE SYSTEM'S BOARD (AND BY EXTENSION, ST. JOSEPH'S UNIVERSITY MEDICAL CENTER'S BOARD) IS RESERVED TO ST. JOSEPH'S HEALTH, INC.'S SPONSOR ORGANIZATION - SETON MINISTRIES, INC. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY CERTAIN RIGHTS AND POWERS ARE RESERVED TO THE MEMBER PURSUANT TO THE BY-LAWS OF THE CORPORATIONS. THESE INCLUDE: APPROVAL OF THE STATEMENT OF THE MISSION OF THE INSTITUTION AND ANY SUBSEQUENT CHANGES; THE RIGHT TO ELECT AND REMOVE TRUSTEES OF THE BOARD OF THE CORPORATION AND ITS SUBSIDIARIES OTHER THAN THOSE PERSONS WHO ARE TRUSTEES BY REASON OF BEING APPOINTED BY THE SPONSOR; APPROVAL OF AMENDMENTS TO ST. JOSEPH'S CERTIFICATE OF INCORPORATION; AND THE RIGHT TO APPROVE SIGNIFICANT CORPORATE TRANSACTIONS (E.G. MERGERS, CONSOLIDATIONS, DISSOLUTION). FORM 990, PART VI, SECTION B, LINE 11B REVIEW PROCESS FOR FORM 990 A COPY OF THE FORM 990 WAS PROVIDED TO THE ST. JOSEPH'S HEALTH, INC.'S BOARD VIA DIRECTORS DESK IN NOVEMBER 2024, PRIOR TO FILING WITH THE IRS. ST. JOSEPH'S HEALTH, INC. HAS ESTABLISHED AN ELABORATE ONLINE WORK-ROOM FOR ALL BOARD MATERIALS THAT CAN BE ACCESSED BY THE ENTIRE BOARD FROM ANY INTERNET-ACCESSIBLE LOCATION. THE FORM 990 FOR THE YEAR ENDING DECEMBER 31, 2023 IS A DOCUMENT WITHIN THAT DATABASE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY ST. JOSEPH'S HEALTH, INC. REQUIRES ALL BOARD OF TRUSTEES MEMBERS, MANAGER LEVEL AND HIGHER EMPLOYEES, OFFICERS AND MEDICAL STAFF COMMITTEE MEMBERS (REPORTING PARTIES) TO COMPLETE ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENTS (COIDS) THAT CONSIST OF QUESTIONS DESIGNED TO UNCOVER POTENTIAL CONFLICTS. THE ANNUAL SOLICITATION AND COMPLETION OF COIDS IS CONDUCTED ELECTRONICALLY. UPON COMPLETION AND SUBMISSION OF COIDS BY REPORTING PARTIES, AFFIRMATIVE RESPONSES TO THESE QUESTIONS ARE COMPILED AND SUMMARIZED ELECTRONICALLY INTO A SUMMARY OF AFFIRMATIVE RESPONSES (SUMMARY), WHICH IS REVIEWED BY THE GENERAL COUNSEL AND THE CHIEF COMPLIANCE OFFICER. ANY POTENTIAL CONFLICT DISCLOSED IN THE SUMMARY IS ADDRESSED AND RESOLVED. THE CHIEF COMPLIANCE OFFICER REPORTS THE RESULTS OF THE REVIEWS AND THE RESOLUTION OF ANY POTENTIAL CONFLICT DISCLOSED TO THE PRESIDENT AND CEO AND THE CHAIR OF THE AUDIT AND COMPLIANCE COMMITTEE MEETINGS. RESULTS ARE REPORTED AT AUDIT AND COMPLIANCE COMMITTEE. THIS INFORMATION IS SUBSEQUENTLY REPORTED TO THE SYSTEM BOARD OF TRUSTEES. IN 2023, NO CONFLICTS OF INTEREST WERE IDENTIFIED. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION ST. JOSEPH'S HEALTH, INC. MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY POSTING A COPY ON THE HOSPITAL'S WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND AT MANAGEMENT'S DISCRETION. 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