St James Hospital Foundation Inc

“Stanley d. Konopko has served as the organization's cfo since august 2013. Mr. Konopko is a partner of bonadio & co., llp, an accounting firm, which was paid $308,864 for mr. Konopko's services to both the foundation and st. James mercy hospital, a related organization, in 2015. The fees were paid by st. James mercy hospital.”

“The bylaws were amended and restated effective may 1, 2015 to name st. James mercy hospital the sole corporate member.”

“Beginning may 1, 2015, st. James mercy hospital is the sole corporate member of the foundation. Prior to this date, st. James mercy health system, inc. Was the sole corporate member of the foundation.”

“The members of the governing body are elected by st. James mercy hospital, the sole corporate member.”

“The governing body of st. James mercy foundation can make recommendations for certain types of actions that require approval by the sole corporate member. Some examples include appointing or removing members of the governing body, amending articles of incorporation and amending bylaws.”

“A copy of the form 990 was made available to each board member before it was filed. St. James mercy foundation, inc. Has designated the audit and compliance committee of st. James mercy hospital as the group to be educated and to review the return.”

“A call for conflicts is part of every board meeting. The annual board of directors education session was completed in august 2015.”

“Through april 30, 2015, the organization had adopted trinity health corporation's process for determining compensation which included the following: the board has an independent committee review and approve all elements of remuneration for all disqualified parties, as well as other key management. The board/committee has an established compensation philosophy which details the objectives of market positioning and pay elements. The committee engages with external consultants to provide market data and guidance comparing the organization's roles to similarly sized health systems utilizing both title and job content comparisons. The committee reviews the market analysis, approves any salary adjustments for the executive population, considers both reasonableness and effectiveness of all remunerative programs and establishes the detailed performance expectations which are incorporated into the incentive plan. All of these discussions and decisions are documented through the provision of meeting minutes. Effective may 1, 2015, the trinity health corporation divested itself of its interest in the organization and the organization became an independent hospital governed by a self-perpetuating community based board. The organization continued to follow the process for determining compensation except for the engagement of external consultants. The board/committee utilized other sources of market data and followed the same procedures as outlined above to determine compensation. There were no incentive compensation plans in effect from may 1, 2015 through december 31, 2015.”

“Organizational documents, such as the articles of incorporation, corporate bylaws, governance policies believed to be of interest to the public, conflict of interest policies and the irs form 990, are available to the public upon request.”

“Transfers from affiliates 130,841. Other changes in net assets 5,829.”

“The audit and compliance committee is responsible for the selection of the independent auditor and oversight of the audit. There has not been a change from the prior year.”