Caritas Insurance Company Ltd C/O Willis Captive Practice

“Some of the organization's current officers and/or trustees serve as officers and/or directors of taxable affiliates within the organization's corporate system. The individual officers and trustees do not have personal financial interests in those business entities and serve only as a function of their roles within the organization's corporate system.”

“The sole shareholder of caritas insurance company is yale-new haven hospital.”

“The yale-new hospital shall have the right to elect the organization's board of directors in accordance with the bylaws.”

“Caritas insurance company, ltd. ("caritas") has one shareholder: yale-new haven hospital, inc. ("ynhh"). As sole shareholder, ynhh possesses certain powers through caritas's bylaws (as amended) and articles of association (as amended) (the "governing documents") and any applicable laws. The powers enumerated in caritas's governing documents are: 1. Ynhh as the sole shareholder must be present, whether in person or by proxy, at a meeting of shareholders to have quorum. The absence of ynhh/the shareholder restricts the board from transacting business at shareholders meeting; 2. All corporate action shall be determined by majority vote of the shareholders at the annual meeting of the shareholders, unless otherwise provided in the bylaws or articles of association; and ynhh is the only shareholder; 3. Ynhh as the sole shareholder has the power to remove and elect directors to caritas's board of directors; and 4. Ynhh has the power to alter, amend, repeal, or supplement caritas's bylaws or to approve any alterations, amendments, repeals, or supplements recommended by caritas's board of directors.”

“The form 990 tax return and attached schedules were prepared by employees of the system tax department. The return is initially reviewed by the director and vp. Of corporate finance. Subsequently it is sent to ernst & young us, llp for their initial review. After all comments from the above group are cleared, the return is then reviewed by the chief financial officer of the entity and a final version of the return is sent back to ernst & young us, llp for final review. Prior to filing, the organization made available a complete copy of the return to the board of trustees of the organization's sole member,yale-new haven hospital. A secure web portal is available to access the return.”

“The caritas insurance corporation is covered under the yale new haven health system conflict of interest policy. The yale new haven health system conflict of interest policy (cc:r-7) and individual annual disclosure form applies to a pool of employees, board members and non-board members serving on board committees. These "covered individuals" are required to complete a conflict of interest disclosure statement, upon beginning employment or otherwise becoming a covered individual and annually thereafter. Covered individuals are also required to immediately report material changes to their most recently completed disclosure statement. These disclosure statements and reports are reviewed by the office of privacy and corporate compliance and/or the legal and risk services department to ensure compliance with the conflict of interest policy. If a potential conflict arises, the president and ceo would consult with the board chairperson and the legal and risk services department and take any actions that she deems required or appropriate to manage or resolve a potential conflict of interest. For example, a voting board or committee member would be required to recuse himself or herself from voting on matters related to the potential conflict and the potential conflict would be disclosed to other voting members. Additionally, as a regulated company in the state of vermont, directors also are required to disclosed potential conflicts in accordance with an adopted conflict of interest policy.”

“All compensation reported on this 990 is paid from related organizations. The reporting entity, itself, does not determine compensation. However,the related organizations' processes do include the steps described on lines 15a & 15b.”

“Any available copies of form 990, form 1023 and audited financial statements are maintained in the system tax department. Other corporate governing documents are maintained by office of legal and corporate compliance. Conflict of interest policies is available to all employees on the corporate internal website. Copies of all documents are available to the public upon request.”

“Actuary fee: program service expenses 0. Management and general expenses 18,625. Fundraising expenses 0. Total expenses 18,625. Bank fees: program service expenses 0. Management and general expenses 643. Fundraising expenses 0. Total expenses 643.”