The Memorial Hospital at North Conway Nh

“The sole member of the organization is mainehealth services (ein# 01-0431680).”

“The sole member of the organization elects the trustees of the organization.”

“Decisions of the governing body such as budgets, business and marketing strategic plans, significant financial commitments, amendments to the articles of incorporation, and election of the president among other decisions, are subject to approval by mainehealth services (ein# 01-0431680).”

“Highlights of the 990 are reviewed with the governance committee of the board of directors. The 990 is reviewed in detail by the cfo and made available to the full board of directors prior its to filing.”

“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 ANNUALLY FOR THE PRESIDENT OF MEMORIAL HOSPITAL. 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 MEMORIAL HOSPITAL 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.”

“Mainehealth (ein 01-0238552), acting on behalf of the mainehealth system filed 1,391 form 1099s for the calendar year 2023.”

“Contract labor: Program service expenses 3,943,368. Management and general expenses 154,382. Fundraising expenses 0. Total expenses 4,097,750. Labs: Program service expenses 3,445,658. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,445,658. Purchased services: Program service expenses 3,074,606. Management and general expenses 120,370. Fundraising expenses 0. Total expenses 3,194,976. Contract services: Program service expenses 2,721,773. Management and general expenses 106,557. Fundraising expenses 0. Total expenses 2,828,330. Consulting: Program service expenses 189,722. Management and general expenses 7,428. Fundraising expenses 0. Total expenses 197,150. Physician recruitment: Program service expenses 186,146. Management and general expenses 7,288. Fundraising expenses 0. Total expenses 193,434.”

“Net equity transfers to controlled entities -794,509.”