Intermountain Medical Holdings Nevada Inc

“Robert w. Allen / albert r. Zimmerli - business relationship (trustees of selecthealth benefit assurance company, a taxable corporation that is wholly owned by an affiliate of the filing organization) robert w. Allen / albert r. Zimmerli - business relationship (trustees of saltzer medical group, inc., a taxable affiliate of the filing organization)”

“The following significant changes, updates, and/or clarifications were made to the filing organization's bylaws in 2022 consistent with their conversion to an entity exempt from income tax under irc section 501(c)(3): - confirmed intermountain health care, inc. As the sole member; - confirmed the approved tax status as an organization exempt under irc section 501(c)(3); - trustees for the filing organization will be appointed by the sole member; - the filing organization is part of a controlled system and that the board of trustees is subject to and reports to the system board; - various powers were delegated to this organization from the sole member, including, but not limited to, integrating the legacy corporation's system into the intermountain health system, implementing the system's mission, vision, and values; pursuing meaningful philanthropic development, and nominating trustee and board officers for election by the member; - the board will consist of 10-22 trustees, all of whom are voting, for up to three terms of three years each. By virtue of the office, the president is a trustee of the board; - the duties of the board chair are listed, including, but not limited to, providing leadership to the board in implementing system strategies, goals, objectives, and policies; - the vice chair and secretary terms were set at one year each; - trustees serve as volunteers and are not compensated for their service. Trustees may be reimbursed for board related expenses and receive appropriate tokens of appreciation; - the duties of the president are listed, including, but not limited to, promoting the mission of the system, effective administration within the limits of delegated authority, supervision of officers, implementation of strategic goals and objectives, ensuring compliance with applicable laws and regulations, and supporting the development of meaningful philanthropy; - dissolution is subject to member approval. The distribution of any remaining assets will be to the member if it exists and qualifies under irc section 501(c)(3). Otherwise, the distribution will be to other organizations if they are organized and operated exclusively for social welfare, charitable, educational, or scientific purposes.”

“The sole member of intermountain medical holdings nevada, inc. Is intermountain health care, inc., a utah nonprofit corporation.”

“The filing organization's trustees are elected by the sole member.”

“Under the articles of incorporation, the sole member exercises all property, voting, and other rights, interests, and powers conferred under local statute.”

“Intermountain medical holdings of nevada, inc.'s board reviewed and/or were provided copies of the tax return prior to filing it with the irs.”

“Each officer, director, and trustee is required to complete a conflict of interest questionnaire at least annually. These individuals have been instructed to update their questionnaire information if they become aware of a new potential conflict, or if any of the previously reported information changes. Additionally, board members are asked at the beginning of each board or committee meeting if they are aware of any conflicts. According to policy, the questionnaires are collected and reviewed by ihc health services, inc.'s vice president of business ethics and compliance. Potential conflicts of interest are reviewed with appropriate personnel, which may include (but is not limited to) the audit and compliance committee chair, senior management and the legal department of ihc health services, inc. If an individual discloses a situation that poses a conflict of interest, a determination is made whether the situation can be managed (such as by recusal in decision-making settings) or must be eliminated (such as through divestiture of the outside interest or requiring a choice of the individual's role with the filing organization or the outside entity). Findings are reported to the audit and compliance committee of intermountain health care, inc.”

“The executive compensation committee ("compensation committee"), a subset of ihc health services, inc.'s governing body, is responsible for the process of annually determining the total compensation packages (including cash and noncash benefits) for the president. The compensation committee annually retains an independent, external consulting firm to provide an analysis of comparable market data. The consultants review the various types of direct compensation, including base salary, total cash, and annual and long-term incentives. Information from a selected group of comparable nonprofit organizations is used to supplement published survey data. The consultants also conduct an in-depth analysis of the associated benefits and perquisites. Information provided by the external consultants is reviewed by the compensation committee along with the performance data for each officer listed above. Decisions by the compensation committee are contemporaneously documented. The compensation committee presents the collected information and the associated compensation decisions to the entire board of trustees. Intermountain medical holdings nevada, inc.'s philosophy is to pay compensation at market competitive rates. The determination of executive compensation is also designed to meet the "rebuttable presumption of reasonableness" standard as outlined in the treasury regulations.”

“The filing organization didn't make the governing documents, conflict of interest policy or financial statements available during the tax year.”

“Other changes in net assets or fund balance -105,577.”