Copley Hospital Inc

“Copley hospital, inc. Is a member organization whose sole corporate member is copley health systems, inc. Copley health systems, inc. And the hospital share the same board of trustees. Each year, the members of copley health systems, inc. Will hold an annual meeting. The purposes of the annual meeting shall include the election of members to the corporation, the election of trustees to the corporation's board of trustees, the election of the community member at large of the governance and bylaws committee, and the transaction of such other business as may properly come before the membership. The board shall consist of up to twenty-one elected members, the chief executive officer of the corporation and the president of the medical staff of copley hospital, inc., all as voting members. All trustees must be members of the corporation.”

“The form 990 is prepared by an independent accounting firm based on the audited financial statements and information provided by the accounting department of the organization. Prior to filing, a tentative draft of the 990 is reviewed by the board of directors. A complete copy of the form is made available to all members of the governing body through the finance office.”

“The governance committee reviews the statements and surveys completed by interested persons and maintains a list of individuals who may be considered disqualified persons under irs regulations. The governance committee reports the results of its reviews annually to the board. The internal compliance committee of the corporation reviews any potential conflict of interest which involves an interested person who is not a trustee or officer of the corporation. The internal compliance committee reports the results of its reviews annually to the board.”

“The ceo's compensation is determined by using market survey data from the nne healthcare comp survey, it is also approved by the board. Senior leadership and other highly compensated individuals have their pay ranges determined through market data from the nne healthcare compensation survey.”

“Human resources reviews market survey data from nne healthcare comp survey to determine each senior officers position upon hire.”

“The governing documents are made available upon request. The conflict of interest policy and matrix are available upon request. The financial statements are summarized in an annual report that is available to the public. The hospital also submits both their budget and actual financial information to the state of vermont's department of financial regulation.”

“Copley hospital serves as a vital resource for rural north central vermont. A critical access hospital, copley provides a 25-bed acute care inpatient unit including a birthing center, a wide-range of outpatient services and 24/7 emergency services in addition to laboratory services, diagnostic imaging and rehabilitation services. Services include cardiology, general surgery, obstetrics/gynecology, oncology, orthopedics, and neurology. Our rehabilitation services include physical, occupational, speech & language, cardiac, pulmonary, and work conditioning. Our hospital service area has a population of just over 30,000 people, across more than 459 square miles. Copley collaborates with other healthcare providers, social service agencies, not-for-profit organizations and businesses to fulfill our mission of helping people live healthier lives. The closest hospital is 45 minutes to one hour away. In fiscal year 2024, copley had 108,061 outpatient visits and 1,396 inpatient admissions totaling 6,062 patient days. We performed 2,526 surgeries and 1,553 procedures and had 13,627 emergency room visits. Our charitable care program is available to patients who are uninsured, underinsured, or have otherwise demonstrated they do not have financial resources to fully pay for their hospital care.”

“Copley hospital, inc also files w-2's for its related organizations. The total number of w-2's filed on the w-3 includes these w-2's. The compensation, employee benefits and payroll taxes amounts are then allocated to the organization for the amount that represents work performed for the organization. The amount included on line 2a includes only employees allocated to copley hospital. The amount reported on part ix includes only those amounts allocated to work performed directly for copley hospital, inc. The highest paid employees are determined by the work performed for each organization. Therefore, the five highest paid employees listed on part vii and schedule j are those employees who work directly for copley hospital, inc.”

“CONTRACT LABOR - Total Expense: 6741841, Program Service Expense: 5911575, Management and General Expenses: 830266, Fundraising Expenses: ; PURCHASED SERVICES - Total Expense: 3959696, Program Service Expense: 2462081, Management and General Expenses: 1497615, Fundraising Expenses: ; PHYSICIAN SERVICES - Total Expense: 1184170, Program Service Expense: 1184170, Management and General Expenses: , Fundraising Expenses: ; LAB SERVICES - Total Expense: 490452, Program Service Expense: 490452, Management and General Expenses: , Fundraising Expenses: ; OTHER SERVICES - Total Expense: 352108, Program Service Expense: 345213, Management and General Expenses: 6895, Fundraising Expenses: ;”

“Change in interest in na of chsi - 202219;”