Western Maine Health Care Corp

“Maine Healthcare (EIN# 01-0431680) was the sole member of the organization.”

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

“There were decisions by the governing body that required approval by its sole member. They included: 1. The approval of operating and capital budgets; 2. The approval of any borrowings in excess of $50,000; 3. The approval of other business ventures; 4. The approval for the commencement of any litigation by the organization; 5. The approval for the development, termination or implementation of programs and services; and 6. The election of the organization's President/CEO.”

“The President and the Regional Chief Financial Officer reviewed key components with the Finance Committee of the Board of Trustees. A detailed review of the Form 990 was performed by the Regional Chief Financial Officer prior to signing the return. The Form 990 was then made available to the full board prior to filing.”

“Conflict of Interest statements were obtained annually. The President's Office collected and reviewed the responses. Where any real or perceived conflicts existed, officers and trustees were expected to recuse themselves (1) from meetings during times when the topics of potential conflict were discussed and (2) from voting on such matters. Key employees did not use their positions to profit personally or to assist others in profiting in any way at the expense of Western Maine Health Care Corp.”

“Compensation Process for Top Official Western Maine Health Care Corp., through its parent company MaineHealth, had a formal written compensation policy in place. In consultation with Sullivan Cotter, the MaineHealth Board Compensation Committee established 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 determined the level of compensation for its CEO. The findings of the Compensation Committee were made transparent to, and voted on by, the full Governing Board. The "total executive compensation" was filed publicly by the organization, and included "total cash compensation and "total value of all benefits and perquisites" associated with the position. The Board took 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 relied 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 refrained from allowing executive compensation to ever be based solely on Western Maine Health Care, Corp.'s revenues or other similar profit-sharing strategies. Compensation Process for Officers At the time of hire the compensation department utilized market data to provide an accurate, competitive and appropriate offer. Annual merit increases were determined by the CEO, subject to guidelines established on a system wide basis.”

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

“MaineHealth(EIN 01-0238552), acting on behalf of Maine Healthcare (EIN 01-0431680), filed 1,645 Form 1099s for the calendar year 2018 on behalf of the following organizations: MaineHealth, Maine Healthcare, Southern Maine Health Care, Pen Bay Medical Center, Waldo County General Hospital, Franklin Memorial Hospital, LincolnHealth Group, Memorial Hospital, Western Maine Health Care, Maine Behavioral Healthcare, NorDx, MaineHealth Care at Home.”

“Transfer of Equity to Affiliates -6,100. Merger of assets into MaineHealth (EIN:01-0238552) -260,990.”