Eastern Maine Healthcare Systems Emhsf

“Brian Hamel, director/officer is board member of Versant Power. Arielle Silver Karsh, director is vice president of Legal & Regulatory Affairs at Versant Power.”

“Northern Light Health Foundation (the Corporation) is a Maine nonprofit corporation. Eastern Maine Healthcare Systems d/b/a Northern Light Health (NLH), also a Maine nonprofit corporation, is the sole corporate member of the Corporation.”

“Each year at their annual meeting, the directors elect replacements for those directors whose terms are expiring. Election of directors is subject to ratification by the NLH Board of Directors.”

“The NLH President has authority to appoint and remove the SVP, President of the Corporation. NLH also has joint and superior authority to approve, disapprove or initiate action with respect to the following matters: I. amendments to the corporations Articles of Incorporation or Bylaws; II. changes in legal form of organization of the Corporation; III. election of the Directors/Trustees of the Corporation; IV. action concerning the Corporations operating budget and capital expenditures; V. the Corporations acquisition of assets or assumption of liabilities of an unaffiliated third party; VI. transfer of 5% or more of the assets of the Corporation; VII. financing transactions concerning the Corporation; VIII. merger, consolidation, sale, lease, mortgage, pledge or other disposition of all or substantially all assets of the Corporation; IX. action concerning the Corporations role in the NLH Strategic Plan; X. action concerning the Corporations participation in key strategic affiliations with third parties not affiliated with NLH; and XI. dissolution of the Corporation.”

“Form 990 is reviewed by the VP & President and the Director, Finance of NLH Foundation. It is also provided to each board member either electronically or in hard copy with an opportunity to ask questions prior to filing with the IRS.”

“The organization requests updates of potential conflicts and relationships from the officers and Board members on an annual basis. The request requires disclosure of all business relationships, board memberships, and family relationships. A database is maintained that is compared to payroll records and the accounts payable vendor list to identify any potential conflicts of interest. Transactions are reviewed for reasonableness as an arms length transaction. The first agenda item for board meetings and board committee meetings is for members to declare any conflict of interest with upcoming agenda items or deliberations. At any point when consideration is being given to purchase/contract with a party in interest, the member with the conflict is excused from the discussion and consideration process or abstains from voting on the matter. All transactions identified with parties in interest are disclosed within the Form 990. All are deemed to be arms length transactions.”

“The VP & President of NLH Foundation and the system Chief Executive Officer (CEO) who serves on the board ex-officio are employed by the system parent, Eastern Maine Healthcare Systems d/b/a Northern Light Health (NLH). The NLH Executive Performance Management Committee (the Committee) is responsible to monitor and evaluate the performance of the NLH CEO. It shall have authority to set the compensation of the NLH CEO, and to review the recommendations of the NLH CEO with respect to the compensation of the Presidents of the Member Organizations and other key management personnel. The Committee is comprised entirely of independent Directors per NLH bylaws.Process:The Committee meets regularly throughout the fiscal year at the discretion of the Committee chair as well as on call of the Chair of the NLH board. In carrying out its duties pursuant to the Bylaws, the Committee:-Assures that the executive compensation program is administered in a manner consistent with the NLH executive compensation philosophy.-Reviews and updates the NLH executive compensation philosophy which serves as the foundation on which all current and future executive compensation decisions are made.-Assures that value of compensation provided by NLH does not exceed the value of services provided by the executive.-Reviews annual incentive compensation criteria for eligible executives, as defined by the NLH CEO.-Reviews periodic compensation survey information and provides expert input to proposed changes to the executive compensation program.-Assures that a formal and timely performance management system is in place for executives.-Reviews incentive compensation criteria scoring and associated pay schedules for officers and key employees.-Provides any public statements regarding executive compensation practices at NLH deemed appropriate.-Maintains minutes of the meetings and communicates actions to the NLH Board of Directors.To accomplish this, the committee uses an external consultant with access to comparative data from independent sources and include national as well as regional data points. The NLH CEO reviews all direct report compensation actions with the committee. In addition, the NLH CEO ensures that any subsidiary policies and practices governing executive compensation are consistent with the committee's philosophy and practices statement.”

“NLH Foundation does not pay employees directly. All staff and officers are employed by NLH, the Systems parent organization and are purchased service by NLH Foundation.”

“NLH Foundation makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“OTHER PROGRAM SERVICES 4: Northern Light Inland HospitalA bridge to care for communitiesSome Waterville residents are visited by paramedics, as part of a collaborative effort between Northern Light Inland Hospital and the citys fire department. This vital resource is designed to improve patient care and reduce hospital readmissions. Courtney Cook, vice president of Nursing and Patient Care Services, Northern Light Inland Hospital, highlights the importance of this at home program. Waterville is lucky to have the paramedicine program as a community resource, Cook says, emphasizing Inland Hospitals pride in partnering with the program. The program offers a wide range of services to Waterville residents, including home safety checks, medication reviews, vital sign monitoring, blood draws, and wound care. The team works closely with healthcare providers to ensure patients receive the right care, preventing unnecessary hospital visits. The team is a great resource to bridge care gaps for those with medical conditions needing frequent reassessment, Cook explains. Additionally, they provide care for the unhoused population, offering both health checks and referrals to emergency care when necessary. While the Inland Hospital program is currently available only to Waterville residents, Cook is optimistic about its future. The hope is that the pilot will be so successful that funding will become available to expand to other communities, particularly rural areas facing healthcare challenges like limited transportation or accessibility. Inland Hospital works with Northern Light Medical Transport in Ellsworth and Greenville. They are planning future collaboration with Northern Light CA Dean and Maine Coast Hospitals and Hospice of Hancock County. By offering this kind of care outside of the hospital, the program helps ensure people in need receive the timely attention and education they need to maintain their health. Inland Hospital is honored to partner with such a wonderful community resource, meeting people where they are at, Cook adds, "This program is not just a healthcare service its a lifeline for the community." Full CircleBecoming a caregiverLucie Moisan, along with her siblings, are navigating a new chapter in their familys lifebecoming caregivers for their aging parents. Moisan says she never expected to take on a caregiver role, but in September of 2023, life had other plans. Thats when Moisans mother was hospitalized due to kidney failure and required dialysis. It felt surreal to see mom, who had always been our familys rock, now so vulnerable, she reflects. Determined to keep her mother at home, Moisan and her sister, Lisa, stepped in and managed their mothers care. Moisan, a registered nurse, manages her mother's at home dialysis treatments with Lisas help, while coordinating appointments and schedules. Some days, I wake up and think, Can I get through today? she admits. Its overwhelming at times, juggling work as a nurse and caring for them. Seeing dad care for mom, helping her through treatments, was both beautiful and heartbreaking, Moisan shares. Their parents recently celebrated their sixty-seventh wedding anniversary, a milestone that highlighted their enduring love. Even in tough times, you can see the love they have for each other, says Moisan. The situation grew more complicated when their father was diagnosed with new onset congestive heart failure in July 2024. With both parents needing care, the siblings have rallied together. Their brother, Paul, comes by after work to help with household chores and garden maintenance. We created a rotation schedule to make sure someone is always around, Moisan explains, Its crucial for us to be there for them, especially at night. But the strain of caregiving can take its toll and caregivers need their own support systems to make it sustainable. There are days when I feel like I am drowning. Moisan vividly recalls one particularly exhausting day after spending the night at the”

“Transfer to exempt subsidiary-HC&H = -$350000”

“Transfer to exempt subsidiary-MCH = -$291825”