Adirondack Medical Center

“The 990 is presented and reviewed by the board of trustees prior to filing the 990.”

“All members of the board of trustees are required to complete and sign conflict of interest statements annually. These are then reviewed by the audit and compliance committee.”

“Compensation decisions are developed based on the use of national and regional salary survey data which is analyzed by the compensation committee and then approved by the full board.”

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

“In october 2022, adirondack health entered into a non-binding letter of intent to sell mercy living center. The planned divestiture of mercy living center includes the operating license and certain property and equipment. On july 17, 2023, adirondack health executed purchasing and consulting agreements related to the sale of the property and equipment associated with mercy living center.”

“Contracted services: program service expenses 4,323,878. Management and general expenses 4,542,756. Fundraising expenses 0. Total expenses 8,866,634. Physician fees: program service expenses 6,747,346. Management and general expenses 35,000. Fundraising expenses 0. Total expenses 6,782,346. Professional fees: program service expenses 487,617. Management and general expenses 419,742. Fundraising expenses 0. Total expenses 907,359. Contract labor: program service expenses 4,303,472. Management and general expenses 71,494. Fundraising expenses 0. Total expenses 4,374,966. Consulting fees: program service expenses 158,972. Management and general expenses 210,412. Fundraising expenses 0. Total expenses 369,384. Laundry services: program service expenses 290,136. Management and general expenses 0. Fundraising expenses 0. Total expenses 290,136. Trash removal: program service expenses 230,389. Management and general expenses 0. Fundraising expenses 0. Total expenses 230,389. Collection agencies: program service expenses 0. Management and general expenses 120,443. Fundraising expenses 0. Total expenses 120,443.”

“The process has not changed from the prior year.”