Northwestern Medical Center

“The organization has a maximum of 150 members, elected at the annual meeting from a slate of candidates nominated by the Nominating Committee. Other candidates for membership may be nominated from the floor at the annual meeting. Any person whose term as a Corporation Director has expired shall automatically become a member if that person consents to become a member.”

“The membership elects a presiding membership officer, an alternate presiding membership officer and a membership secretary. Said officers are designated as Chair, Vice Chair and Recording Secretary of the membership.”

“The entire Form 990 is provided to the full Board of Directors for review. The Board has the opportunity to ask questions and the Board votes on giving Administration approval to file the return in advance.”

“Each Board Member and each member of the management team completes an annual statement attesting that they have received a copy of the policy and that they have read and understand it and will comply with it. Each person also completes a conflict of interest survey to identify potential conflicts and relevant financial interests. Each person also provides a listing of immediate family members, including spouse, children, grandchildren, parents, siblings, and any other person(s) living in their household. All disclosures are reviewed; determination of conflicts for Board Members are voted on by the remaining Board Members and determination of conflicts by the management staff is voted on by the senior leadership team. Those with conflicts are not allowed to participate in discussion and/or votes related to the conflict. A full copy of the policy can be provided upon request.”

“Beginning in December 2020, the CEO is now an employee of Northwestern Medical Center. Respective contracts, including compensation, are approved by the Board of Directors on an annual basis.”

“Northwestern Medical Center does not formally make its governing documents and conflict of interest policy available to the public. Financial information is available to the public through the annual tax return filing, annual Medicare and Medicaid cost report filing, and financial data published by the Green Mountain Care Board and available on the Hospital's website, as well as summarized financial information and statistics published in the Hospital's annual report distributed to local communities and published on the Hospital's website.”

“VT”

“Other Professional Services: Program service expenses 16,606,152. Management and general expenses 4,151,539. Fundraising expenses 0. Total expenses 20,757,691. Maintenance Contracts: Program service expenses 3,021,878. Management and general expenses 755,469. Fundraising expenses 0. Total expenses 3,777,347.”

“Section 1.263(a)-3(n) Election: Northwestern Medical Center 133 Fairfield St. St. Albans, VT 05478 EIN: 03-0266986 Northwestern Medical Center is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).”

“Unrealized Loss on Interest Rate Swaps -855,434. Appreciation in Beneficial Interest in Perpetual Trusts 166,197.”