Inspira Health Network Medical Group PC

“The organization is an affiliate within inspira health network and affiliates ("network"); a tax-exempt integrated healthcare delivery system. Inspira health network, inc. Is the tax-exempt parent entity of the system which includes inspira medical centers, inc.; a related internal revenue code section 501(c)(3) tax-exempt hospital organization. Although this federal form 990 shows no independent board of trustee members under the internal revenue service definition, this organization acts in a charitable tax-exempt manner for purposes of internal revenue code section 501(c)(3) and is controlled by inspira medical centers, inc. Inspira health network, inc. Is the sole member of inspira medical centers, inc. Both inspira health network, inc. And inspira medical centers, inc. Are governed by a board whose majority is comprised of independent voting members.”

“Inspira medical centers, inc.; a related internal revenue code section 501(c)(3) tax-exempt hospital organization, is the sole member of this organization which exists through a physician nominee agreement due to state of new jersey corporate practice of medicine prohibition rules and regulations.”

“Inspira health network, inc. ("network") is the tax-exempt parent entity of the system. This organization's federal form 990 was provided to each member of the network's audit committee for review and thereafter approval by the members at the audit committee meeting. Subsequently, the organization's 990 was provided to each voting member of the organization's board of trustees, prior to filing with the irs. The network's audit committee has assumed the responsibility to oversee and coordinate the federal form 990 preparation, review and filing process for all tax-exempt affiliates within the system. As part of the organization's federal form 990 tax return preparation process the system hired a professional certified public accounting ("cpa") firm with experience and expertise in both healthcare and not-for-profit tax return preparation to prepare the federal form 990. The cpa firm's tax professionals worked closely with the organization's finance personnel and system individuals including senior vice president and chief legal officer, senior vice president/chief financial officer, vice president of finance and various other individuals ("internal working group") to obtain the information needed in order to prepare a complete and accurate tax return. The cpa firm prepared a draft federal form 990 and furnished it to the organization's internal working group for review. The organization's internal working group reviewed the draft federal form 990 and discussed questions and comments with the cpa firm. Revisions were made to the draft federal form 990 where necessary and a final draft was furnished by the cpa firm to the organization's internal working group for final review and approval. Following this review, the form 990 was then presented to the network's audit committee and provided to the organization's governing body prior to filing with the irs.”

“Inspira health network, inc. ("network") is the tax-exempt parent entity of the system. This organization's federal form 990 was provided to each member of the network's audit committee for review and thereafter approval by the members at the audit committee meeting. Subsequently, the organization's 990 was provided to each voting member of the organization's board of trustees, prior to filing with the irs. The network's audit committee has assumed the responsibility to oversee and coordinate the federal form 990 preparation, review and filing process for all tax-exempt affiliates within the system. As part of the organization's federal form 990 tax return preparation process the system hired a professional certified public accounting ("cpa") firm with experience and expertise in both healthcare and not-for-profit tax return preparation to prepare the federal form 990. The cpa firm's tax professionals worked closely with the organization's finance personnel and system individuals including senior vice president and chief legal officer, senior vice president/chief financial officer, vice president of finance and various other individuals ("internal working group") to obtain the information needed in order to prepare a complete and accurate tax return. The cpa firm prepared a draft federal form 990 and furnished it to the organization's internal working group for review. The organization's internal working group reviewed the draft federal form 990 and discussed questions and comments with the cpa firm. Revisions were made to the draft federal form 990 where necessary and a final draft was furnished by the cpa firm to the organization's internal working group for final review and approval. Following this review, the form 990 was then presented to the network's audit committee and provided to the organization's governing body prior to filing with the irs.”

“The organization is an affiliate within inspira health network; a tax-exempt integrated healthcare delivery system ("system"). Inspira health network, inc. ("network") is the tax-exempt parent entity of the system. This filing organization itself has no paid senior management personnel receiving compensation directly from this organization. Rather, key senior management personnel are employed by inspira medical centers, inc. However, the compensation and benefits of these individuals are shown on this tax return because they are either trustees, officers or key employees of this organization. Accordingly, the network's board of trustees has an executive compensation committee ("committee"). The committee has adopted a written executive compensation philosophy which it follows when it reviews and approves of the compensation and benefits of the organization's senior management, including, but not limited to, the president/chief executive officer and all other executive vice presidents and senior vice presidents that report directly to the president/chief executive officer ("senior management"). The committee reviews the "total compensation" of the individuals which is intended to include both current and deferred compensation and all employee benefits, both qualified and non-qualified. The committee's review is done on at least an annual basis and ensures that the "total compensation" of senior management of the organization is reasonable. The actions taken by the committee enable the organization to receive the rebuttable presumption of reasonableness for purposes of internal revenue code section 4958 with respect to the total compensation of certain members of the senior management team. The three factors which must be satisfied in order to receive the rebuttable presumption of reasonableness are the following: 1. The compensation arrangement is approved in advance by an "authorized body" of the applicable tax-exempt organization which is composed entirely of individuals who do not have a "conflict of interest" with respect to the compensation arrangement; 2. The authorized body obtained and relied upon "appropriate data as to comparability" prior to making its determination; and 3. The authorized body "adequately documented the basis for its determination" concurrently with making that determination. The committee is comprised of members of the board of directors each of who are independent and are free from any conflicts of interest. The committee relied upon appropriate comparable data; specifically the committee obtained a written compensation study from an independent firm which specializes in the reviewing of hospital and healthcare system executive compensation and benefits throughout the united states. This study used comparable geographic and demographic market data including but not limited to similar sized hospitals, # of licensed beds and net patient service revenue. The committee adequately documented its basis for its determination through the timely preparation of written minutes of the compensation committee meetings during which the executive compensation and benefits was reviewed and subsequently approved. The actions outlined above with respect to the committee and the establishment of the rebuttable presumption of reasonableness only applies to certain senior management personnel. The compensation and benefits of certain other individuals contained in this form 990 are reviewed annually by the president/chief executive officer with assistance from the system's human resources department in conjunction with the individual's job performance during the year and is based upon other objective factors designed to ensure that reasonable and fair market value compensation is paid by inspira medical centers, inc. Other objective factors include market survey data for comparable positions, individual goals and objectives, personnel reviews, evaluations, self-evaluations and performance feedback meetings.”

“The organization's filed certificate of incorporation and any amendments can be obtained and reviewed through the state of new jersey department of the treasury. In addition, the organization's conflict of interest policy and audited financial statements are available upon request.”

“Core form, part vii and schedule j, part ii reflect certain board members and officers receiving compensation and benefits from this organization or a related organization. Please note this remuneration was for services rendered as full-time employees or independent contractors of this organization or a related organization and not for services rendered as a voting member or officer of this organization's board of trustees.”

“This organization is an affiliate within inspira health network; a tax-exempt integrated healthcare delivery system ("system"). Certain board of trustee members and officers listed on core form, part vii and schedule j of this form 990 may hold similar positions with both this organization and other affiliates within the system. The hours shown on this form 990, for board members who receive no compensation for services rendered in a non-board capacity, represent the estimated hours devoted per week for this organization. To the extent these individuals serve as a member of the board of trustees of other related organizations in the system, their respective hours per week per organization are approximately the same as reflected in core form, part vii of this form 990. The hours reflected on core form, part vii of this form 990, for board members who receive compensation for services rendered in a non-board capacity, paid officers and key employees, reflect total hours worked per week on behalf of the system; not solely this organization.”

“Timothy s. Pilla, m.d. Is included within the organization's form 990, core form, part vii. Dr. Pilla is a licensed medical professional providing medical services and was employed by the organization during 2024. The organization was not required to file a form 4720 for any remittance of excise tax related to dr. Pilla because none of his compensation was attributable to non-clinical services and thus exempt from excise taxes as provided for under internal revenue code section 4960.”

“Other changes in net assets or fund balance include: - increase in net assets from an inspira health network related organization - $37,500,000.”

“The organization is an affiliate within inspira health network; a tax-exempt integrated healthcare delivery system ("system"). The system's tax-exempt parent entity is inspira health network, inc. ("network"). An independent cpa firm audited the consolidated financial statements of the network and all entities within the system for the years ended december 31, 2024 and december 31, 2023; respectively. The audited consolidated financial statements contain consolidating schedules on an entity by entity basis. The independent cpa firm issued an unmodified opinion with respect to the audited consolidated financial statements each year. The network's audit committee has assumed responsibility for the oversight of the audit of the consolidated financial statements, which includes this organization, and the selection of an independent auditor.”

“Description:purchased services total fees:18157520”

“Description:physician fees total fees:7042447”

“Description:contracted services total fees:4934451”