Adirondack Health Institute Inc

“Adirondack health institute inc. Is a membership corporation. The members are as follows: hudson headwaters health network 23.2% adirondack medical center 13.3% champlain valley physicians hospital 29.9% glens falls hospital 18.3% st. Lawrence health system 15.3%”

“Adirondack health institute inc. Is a membership corporation. The members are as follows: hudson headwaters health network 23.2% adirondack medical center 13.3% champlain valley physicians hospital 29.9% glens falls hospital 18.3% st. Lawrence health system 15.3% each member is entitled to one vote for the purposes of actions taken by the members.”

“Form 990 is prepared by the independent accountant. A copy of the return is then sent to the finance committee for their review of the return. The return is then made available to all bod members prior to filing with the irs.”

“To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, annual conflict of interest reviews shall be conducted. The annual review shall, at a minimum, include the following subjects: whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arms length bargaining. Whether partnerships, joint ventures, and arrangements with management organizations conform to the organizations written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes, and do not result in inurement, impermissible private benefit or in an excess benefit transaction. When conducting the periodic reviews as provided for herein, the organization may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted.”

“Compensation for ceo includes a process wherein objective and independent review process of the ceo's compensation is conducted which includes benchmarking against comparable organizations. It is then voted on by the executive committee of the board of directors.”

“The documents are available upon request.”

“The organization is licensed under article 28 of new york state public health law. However, subsection 10 of article 28 excludes certain healthcare facilities from the definition of general hospital. Therefore, the organization is not including schedule h in the current year form 990 as they do not meet this definition.”