Kaleida Health

“Review process for form 990 organization's management, in consultation with the organization's tax advisors, kpmg, review the form 990. The financial review is based on the organization's audited financial statements for the relevant time period. Before the form 990 is filed with the irs, the finance committee of the organization's board of directors reviews the form 990 and provides a copy of the same to the organization's full board of directors.”

“Conflict of interest policy upon employment and annually thereafter each key employee, officer or director of the organization is required to complete a conflict of interest and disclosure form, providing sufficient information about his/her personal interests and relationships so the organzation can (1) determine whether any potential or actual conflicts of interest may exist, and (2) monitor work or service assignments to avoid placing the key employee, officer or director in a position where there may be potential, actual, or even appearance, of a conflict of interest or a question of objectivity. The completed conflicts of interest and disclosure forms for directors are returned to the organization.”

“Compensation approval process on a regular basis, the organization provides documentation to the compensation committee of the board with respect to the compensation of the organization's officers and key employees for review and approval. Such information is compiled by an independent compensation consultant and includes comparable data from similar size tax-exempt organizations in the western new york community as well as compensation for these positions (as disclosed on form 990) with other organizations in the health care industry that are of similar size, demographics and geography. Review and approval of the compensation arrangement by the compensation committee is documented.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request at its office at 726 exchange street, suite 200, buffalo, ny 14210. A nominal fee is charged if copies are requested.”

“Physician fees: program service expenses 122,926,950. Management and general expenses 1,361,033. Fundraising expenses 0. Total expenses 124,287,983. Interns & residents fees: program service expenses 36,288,332. Management and general expenses 0. Fundraising expenses 0. Total expenses 36,288,332. Other purchased services: program service expenses 31,275,132. Management and general expenses 3,661,723. Fundraising expenses 0. Total expenses 34,936,855. Miscellaneous: program service expenses 13,203,116. Management and general expenses 4,789,583. Fundraising expenses 0. Total expenses 17,992,699. Employment agency fees: program service expenses 32,148,489. Management and general expenses -104,050. Fundraising expenses 0. Total expenses 32,044,439.”

“Minority interest in subsidiary -19,303,709. Net actuarial gain on pension plan 48,167,000. Other transfers, net 1,398,547. Miscellaneous adjustment -688.”