Nordx

“Mainehealth services (ein 01-0431680) is the sole member of nordx.”

“Mainehealth services shall elect the members of the board of trustees and officers of nordx.”

“Mainehealth services as the sole member has the power to approve the following: operating and capital budgets; capital expenditures in excess of $1,000,000; borrowings in excess of $1,000,000; the sale of any assets other than dispositions of less than $50,000; adoption of business, marketing and strategic plan; any merger or consolidation or creation or acquisition of subsidiary organization; the filing of a voluntary petition seeking relief of debtors; the commencement of litigation other than routine collection actions; developing, implementing, or terminating programs or services; entering into agreements for management services; and the annual selection of the president.”

“Upon completion of the draft 990, the return was reviewed in detail by the organization's cfo. Subsequent to the detailed review, the 990 was made available to all members of the board of trustees before being signed by the cfo.”

“Mainehealth's audit & compliance services sends conflict of interest (coi) disclosure form requests to over 3,000 care team members (including all board members, officers, and other senior leaders) each year. Audit & compliance services collects the disclosure forms and reviews each submission for possible reported conflicts to determine if a management mitigation plan is required. The results of the annual coi process are reported to the mainehealth executive compliance committee, the audit committee, local health system presidents, and the board of trustees chairpersons.”

“COMPENSATION PROCESS FOR PRESIDENTS (LINE 15a) MAINEHEALTH, A RELATED ORGANIZATION USES AN OUTSIDE FIRM, SULLIVAN COTTER, TO PERFORM AN INDEPENDENT BENCHMARK ANALYSIS FOR THE PRESIDENT OF NORDX. THE FIRM MEETS WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF MAINEHEALTH TO REVIEW THE EXECUTIVE COMPENSATION REPORT. THE EXECUTIVE COMMITTEE THEN DELIBERATES ON MAINEHEALTH'S WRITTEN SALARY AND INCENTIVE PLAN PHILOSOPHY BEFORE MAKING A FINAL DECISION. ALL MEETING DECISIONS ARE CAPTURED IN MINUTES WITH APPROPRIATE APPROVALS AT ALL LEVELS. COMPENSATION PROCESS FOR OFFICERS (LINE 15b) COMPENSATION FOR OFFICERS OF NORDX IS PART OF THE INDEPENDENT BENCHMARK ANALYSIS PERFORMED ANNUALLY BY SULLIVAN COTTER. ALL COMPENSATION DECISIONS ARE REVIEWED AND APPROVED BY THE MAINEHEALTH CHIEF EXECUTIVE OFFICER, CHIEF OPERATING OFFICER AND CHIEF PEOPLE OFFICER.”

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

“Line 1a: mainehealth (ein 01-0238552), acting on behalf of the mainehealth system filed 1,684 form 1099s for the calendar year 2022.”

“Line 2a: mainehealth (ein 01-0238552), acting on behalf of the mainehealth system filed form w-3, reporting 26,427 employees for the calendar year 2022.”

“Transfer to affiliates -2,500,000.”