Highland Hospital of Rochester

“Form 990 review process the form 990 of highland hospital is prepared by finance staff and provided to pwc us tax llp and senior management for review prior to filing. The form 990 for the year ended june 30, 2024 was also provided to the finance committee and also to the entire board of directors prior to filing. --------------------”

“Conflict of interest policy directors, committee members, officers and key employees are required to disclose a conflict of interest: (a) prior to voting on or otherwise discharging their duties with respect to any matter involving the conflict which comes before the board or any committee; (b) prior to entering into any contract or transaction involving the conflict; (c) as soon as possible after the director, committee member or officer learns of the conflict; and (d) on an annual conflict of interest disclosure form. The form is distributed annually and requires disclosure of all conflicts of interest, including specific information concerning the terms of any contract or transaction with the hospital that involves a potential conflict of interest for the individual. The forms are reviewed by the board chair and legal counsel, any conflicts disclosed on the forms or on an ad hoc basis are reviewed by a board committee. The committee considers the material facts concerning any proposed contract or transaction, including the process by which the decision was made to approve or recommend entering into the arrangement on the terms proposed, and approves such contracts or transactions only if the terms are fair and reasonable to the hospital and the arrangements are consistent with the best interests of the hospital. --------------------”

“Compensation review and approval written self-evaluations and performance evaluations for highland hospital's officers and key employees annually are reviewed by the committee on compliance and compensation of the university of rochester medical center board. The committee has available the evaluations from highland hospital's board, as well as from the ceo of urmc health system and in some cases highland's ceo. The committee reviews and approves total compensation for officers and key employees and considers, in addition to the evaluations, the scope of the individual's job responsibilities, previous compensation and comparable compensation paid to people with similar responsibilities at comparable institutions. The comparable information is provided by an independent consultant and is based on local, regional and national compensation surveys. --------------------”

“Governing documents highland hospital's form 1023 and form 990 are available upon request. Highland hospital's governing documents, conflict of interest policy and audited financial statements are not routinely made available to the public. --------------------”

“Compensation information certain officers, directors and key employees of highland hospital receive compensation from the university of rochester, a related irc section 501(c)(3) organization. A portion of the salaries of these individuals is allocated to highland hospital and is included as a part of other salary and wages on the statement of functional expenses. Certain officers and key employees of highland hospital also devote significant time each week to other related organizations. None of the board members of highland hospital are compensated for their board service. --------------------”

“Membership information the sole member of highland hospital is strong partners health system, inc.("sphs"). Sphs, acting through its board of directors, has the authority to elect the governing body of highland hospital, and certain decisions of the highland hospital board are subject to the approval of the sphs board. Such decisions include appointment of the highland hospital president and ceo, amendment of the certificate of incorporation and bylaws, approval of extraordinary corporate actions such as merger or dissolution, and approval of capital and operating budgets, strategic plans, and incurrence of certain debt. --------------------”

“Detail of other changes in net assets or fund balances change in accrued pension liability $9,247,252 ----------- total changes in net assets $9,247,252 --------------------”