Lancaster General Health Holdings Inc

“Detail of members stockholders the sole member of the corporation is lancaster general health (ein 23-2250941), a pennsylvania non-profit corporation. --------------------------------”

“Detail of members stockholders the board of directors of the corporation shall be composed of not less than three nor more than ten directors. All directors shall be elected by the sole member of the corporation. --------------------------------”

“Detail of members & stockholders a majority of the directors shall constitute a quorum for the transaction of business. The act of a majority of the directors present and voting at a meeting at which a quorum is present shall be the act of the board. --------------------------------”

“Form 990 review process information related to this organization's form 990 filing was gathered and the return was prepared by the finance staff. The controller and select members of the finance management team reviewed the completed form 990. It was then provided to pwc us tax llp for their review. In addition, the members of the governing body were given the opportunity to view the 990 online via the board portal system prior to the filing. --------------------------------”

“Conflict of interest policy in order to ascertain and evaluate actual or potential conflicts, certain interested persons are required to fill out a conflict-of-interest disclosure statement upon entering employment or becoming a trustee of lancaster general hospital or an affiliate, and others are also required to fill out such a statement on an annual basis. In addition to this requirement, all officers and trustees, regardless of whether or not they have filled out or have been asked to fill out a conflict-of-interest disclosure statement, have an ongoing affirmative duty to bring to the attention of lancaster general hospital, situations which may give rise to an actual or potential conflict of interest as described in the policy. --------------------------------”

“Document retention and destruction policy the organization has the policies and procedures in place as mentioned in form 990, part vi, section b, line 14 and 16b. However, they are not currently approved by the governing board. --------------------------------”

“Compensation process lancaster general health's executive compensation process includes the following review and action by the executive committee of the board of trustees which is comprised of independent trustees. An evaluation of performance against goals is conducted at the close of a fiscal year to determine the level of organizational and individual performance of the ceo and senior executives so as to determine merit and incentive pay actions. Market data for base salary, total cash compensation and total compensation is provided by an independent third party to the committee and reflects a market basket of similarly sized organizations with comparable executive positions. Upon review and discussion of the related data and information the committee takes action which is recorded in the meeting minutes which are then filed for future reference. --------------------------------”

“Documents availability to the public lancaster general health holdings, inc. Does not make the governing documents or conflict of interest policy available to the public. The financial statements are attached to the form 990 which is available to the public upon request. --------------------------------”

“Compensation of officers, directors, trustees lancaster general health holdings inc board term runs july 1 to june 30. The following individuals listed on part vii, section a, either started or termed during the june 30, 2024 fiscal year: tammy ober - started 7/1/2023 -------------------------------- the hours noted in column (b) relate to the hours dedicated to the filing organization and/or to other organizations within the lancaster general health system. The hours disclosed relate to time served on a board and/or for services provided resulting in compensation paid. Members of the board are not compensated for their position on the board. Compensation disclosed relates to other services performed. --------------------------------”

“Forms 1099/independent contractors all payments to vendors for services provided to lancaster general health holdings, inc. Are paid by lancaster general hospital (23-1365353), a related organization. Lancaster general hospital is the organization that issues the forms 1099 to the vendors. --------------------------------”

“Other changes in net assets or fund balances related party contributions $ 13,105 distributions from partnership investments (8,340,284) book/tax differences from partnership investments 994,978 change in non-controlling interests (470,000) _____________ total other change in net assets $ (7,802,201) --------------------------------”

“Audited financial statements the financial statements for lancaster general health and its affiliates, including lancaster general health holdings, were included in the university of pennsylvania health system's combined financial statement, and audited on a consolidated basis. --------------------------------”