Northeast Health Foundation

“CHA (EIN: 22-2494475) is the sole member of PBWHF. MaineHealth (EIN: 01-0431680), as the sole member of CHA, has the right to approve significant decisions of the governing body of CHA and its subsidiaries.”

“The sole member, CHA (EIN: 22-2494475) may elect the board of trustees from a slate of nominees submitted by the corporation. Officers of the corporation are elected by the trustees of the corporation.”

“Decisions of the governing body such as budgets, business strategies, significant financial commitments, amendments to the Articles of Incorporation, and election of the President/CEO among other decisions, are subject to approval by CHA (EIN: 22-2494475) and MaineHealth (EIN: 01-0431680).”

“The Form 990 is provided to the full board. A final detailed review of the Form 990 is performed by the Controller before signing and filing.”

“At the beginning of board service, members are required to document any conflict of interest that may exist and are required to report any additional conflicts that may arise. Board member conflict of interest forms are updated and reviewed annually.”

“Top Official The process followed for determining compensation of the CEO compensated by this or other related organization is a formal process performed annually by the Executive Committee of the Board of Directors. A related organization uses an outside firm, Sullivan Cotter, to perform an independent benchmark analysis for the CEO of PBWHF, along with other executives in the MaineHealth system. The firm meets with the Executive Committee to review each executive's benchmark report. The Committee then deliberates on MaineHealth's written salary and incentive plan philosophy before making a final decision. All decisions and meetings are captured in minutes and there are appropriate approvals at all levels. Officers At the time of hire the compensation department utilizes market data to provide an accurate, competitive and appropriate offier. On an annual basis officers receive a merit increase related to the results of their annual performance appraisal performed by the CEO. At this time it is evaluated if an additinoal bonus will be provided based upon budget and performance, this is at the discretion of the CEO, CFO and HR Director.”

“Documents that are required to be open for public inspection are made available upon request.”

“Consulting: Program service expenses 0. Management and general expenses 0. Fundraising expenses 43,447. Total expenses 43,447. Purchased services: Program service expenses 0. Management and general expenses 0. Fundraising expenses 4,349. Total expenses 4,349. Printing: Program service expenses 0. Management and general expenses 0. Fundraising expenses 3,244. Total expenses 3,244.”

“Net transfers from affiliates 242,505.”