Stephens Memorial Hospital Association

“Western maine health care, corp. (ein 01-0411788) is the sole member of the organization.”

“The sole member has the responsibility for the election of the members of the governing body.”

“All decisions by the stephens memorial hospital association's governing body are approved by default by the member organization's governing body since these two organizations share a common governing body.”

“The 990 was reviewed in detail by a committee of the board of trustees. The president and senior vice president - fiscal led the discussion. Subsequent to that review, a copy of the organization's 990 was distributed to all trustees. The 990 was reviewed in summary at a board meeting prior to filing.”

“Conflict of interest statements are obtained annually. The president's office collects and reviews the responses. Where any real or perceived conflicts exist, officers and trustees are expected to recuse themselves (1) from meetings during times when the topics of potential conflict are discussed and (2) from voting on such matters. Key employees may not use their positions to profit personally or to assist others in profiting in any way at the expense of stephens memorial hospital association.”

“The parent company of stephens memorial hospital association is western maine health care, corp. (ein 01-0411788)who through its parent company mainehealth, has a formal written compensation policy in place. In consultation with sullivan cotter, the mainehealth board compensation committee establishes appropriate compensation parameters for each organization's ceo and certain members of their senior management team. Working within these parameters, the western maine health care board determines the level of compensation for its ceo. The findings of the compensation committee are made transparent to, and voted on by, the full governing board. The "total executive compensation" is filed publicly by the organization, and includes "total cash compensation- and "total value of all benefits and perquisites" associated with the position. The board takes necessary action to prevent the ceo from voting or directly participating in the final committee determination of his own compensation. The organization's executive compensation procedures rely upon appropriate data for comparability (e.g. Compensation levels paid by both taxable and tax-exempt similarly situated organizations and independent surveys by nationally recognized independent firms). Finally, the organization refrains from allowing executive compensation to ever be based solely on western maine health care, corp.'s revenues or other similar profit-sharing strategies.”

“Documents that are required to be open for public inspection are made available upon request.”

“Lab/pathology services 2,951,936 0 0 other 2,844,918 53,272 0 physician services 2,362,796 0 0 nursing services 717,233 0 0 anesthesia services 534,999 0 0 imaging 376,114 0 0”

“Equity transfers to affiliates -1,868,718 change in interest-stephens comm. Healthcare found 351,272 total -1,517,446”