Saint Francis Hospital and Medical

“On october 1, 2015 the organization was transferred to the ownership of trinity health corporation, a 501(c)(3) charitable corporation. As the sole member of the organization trinity health corporation has reserved powers established in the organization's certificate of incorporation and bylaws that allow it to retain control over its statutory obligations in carrying out the purposes of the organization as the parent of a large catholic health system. Trinity health corporation is responsible for key strategic decisions and issues that will significantly impact the trinity health system.”

“Trinity health of new england corporation, inc. Is the sole member.”

“Trinity health of new england corporation, inc. Appoints the saint francis foundation, inc. Board members.”

“The finance committee of trinity health of new england corporation, inc. (formerly known as saint francis care, inc.) has the responsibility for overseeing the review of the form 990 including ensuring appropriate directors and/or management personnel have reviewed, any issues are communicated to the committee and form 990s are available to the board of directors. The form 990 is available on the board's internal secure web portal.”

“The policy includes an obligation of each board member to annually disclose all material facts and relationships and refrain from voting on any matter when there is a conflict of interest. The governance and nominations committee reviews the results of these submissions annually for compliance with governance policies.”

“Refer to part iii of schedule j for process.”

“A link on the trinity health of new england corporation, inc. Website has been established for individuals to request governing documents, conflict of interest policy, form 990 and financial statements.”

“Contract labor: program service expenses 783,864. Management and general expenses 172,068. Fundraising expenses 0. Total expenses 955,932. Purchased services: program service expenses 27,379. Management and general expenses 48,956. Fundraising expenses 0. Total expenses 76,335.”

“Purchase accounting adjustment 3,050. Transfer to trinity health -155,724.”

“The board of directors has delegated its oversight responsibility of the audit of the organization's financial statements to the finance committee of trinity health of new england corporation, inc.”