Day Kimball Healthcare Inc

“The organization reviews the compensation of the ceo and other officers and key employees on a regular basis. Compensation adjustments are subject to board approval and the process and conclusions are documented in the board minutes. The compensation review includes an analysis of comparability data. In april 2019, gallagher group prepared an annual hospital wage survey for the connecticut, massachusetts and rhode island hospital associations available for use by member hospitals. This survey was used by day kimball healthcare in the compensation determination process.”

“Day kimball healthcare contracts with a management company to provide onsite executive management services. Ceo kyle kramer was compensated by the management company during fy24.”

“The hospital has more than 400 corporators who are dedicated to the hospital's mission. Corporators are individuals interested in the purposes of the hospital and represent the communities served. Corporators have the right to participate in the election of directors and officers.”

“Form 990 is reviewed by paul a. Beaudoin, cfo, prior to filing. A copy of the 990 is made available to all board members before filing.”

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by requiring board members, administration, the medical staff, and all other employees to fill out a conflict of interest disclosure annually. If any change in the form arises throughout the year, it is required to be reported promptly to the chair of the board of directors or the president of day kimball hospital. In the event a potential conflict of interest has a direct implication for patient care, the institution may convene an ethics committee meeting to assist in the resolution of the issue. If an actual or potential conflict of interest is disclosed, the affected employee will refrain from further participation in matters to which the conflict relates until the question has been resolved.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Richard wilcon, krista matsen and paul matty received stipends from day kimball healthcare for their service as a director on the hospital board. They are also employed by day kimball medical group, a related organization, and received compensation for their duties in that capacity. All other board members listed with compensation on part vii are either employees of the filing organization, or employees and/or independent contractors for a related organization, day kimball medical group. They are compensated for their duties in that capacity.”

“OTHER - Total Revenue: 8298993, Related or Exempt Function Revenue: 8298993, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“CONTRACTED SERVICES - Total Expense: 11446501, Program Service Expense: 10520139, Management and General Expenses: 926362, Fundraising Expenses: ; PROFESSIONAL FEES - Total Expense: 3994064, Program Service Expense: 3670826, Management and General Expenses: 323238, Fundraising Expenses: ; LAB SERVICES - Total Expense: 1722677, Program Service Expense: 1722677, Management and General Expenses: , Fundraising Expenses: ; CONSULTING FEES - Total Expense: 1082373, Program Service Expense: 994777, Management and General Expenses: 87596, Fundraising Expenses: ; OTHER FEES - Total Expense: 1198613, Program Service Expense: 1101610, Management and General Expenses: 97003, Fundraising Expenses: ;”

“Transfer to affiliate - -12281704; change in interest in beneficial trust - 542071;”