Latrobe Area Hospital Charitable Foundation

“The directors of the corporation shall be elected by the latrobe area hospital, inc. Through its board of directors, from a slate of directors nominated by the then-serving directors of latrobe area hospital charitable foundation.”

“The corporation shall be subject to the exclusive rights of the latrobe area hospital, inc. Though its board of directors to do the following: (1) elect the directors of the corporation. (2) remove any and all directors at any time; (3) approve or disapprove all amendments to the articles of incorporation of the bylaws of the corporation; (4) approve or disapprove of the annual capital and operating budgets of the corporation; and (5) approve all disbursements made by the corporation pursuant to its charitable purposes.”

“Latrobe area hospital charitable foundation has a cpa firm prepare its form 990. The return is completed in draft form and reviewed by management of the organization. The form 990 is then provided to the board of directors for review before it is filed.”

“A web-based software program is used to administer a conflict of interest disclosure form and questionnaire annually to all board trustees, key employees and certain other directors, managers and contracted physicians. Compliance in completing the form is required at 100% for officers, trustees and key employees. The disclosures are reviewed by the compliance officer, chief legal officer and certain board committees. Additionally, the organization has a conflict of interest policy that is shared with employees, medical staff and business partners through one or more of the following methods: posting on the organization's intranet website, on the organization's public world wide website, in its policy manual and in its corporate code. Reports and subsequent findings of non-compliance result in disciplinary action through human resources, the office of medical affairs, or through company sanctions towards business partners.”

“The organization's ceo is paid by excela health. After the close of each fiscal year, and subject to applicable law, excela health's human resources committee of the board may commission an executive compensation study be completed using data obtained from outside parties and other public records to determine the market competitiveness, appropriateness and reasonableness of each pay element and the aggregate total compensation package. Excela health's human resources committee presents the study's findings and any recommended changes to their executive committee for approval.”

“Latrobe area hospital charitable foundation makes its form 990 and form 1023 available to the public upon request. The form 990 is also available at excelahealth.org.”

“At this time, latrobe area hospital charitable foundation does not make its governing documents, conflicts of interest policy, and financial statements available to the general public.”

“Latrobe area hospital charitable foundation is included in the consolidated financial statements of excela health. Excela health has an audit committee that is responsible for the oversight of the audit and selection of the independent auditors. The process has not changed from prior year.”