Colorado West Psychiatric Hospital Inc

“Family and business relationships: the following persons are all employees of a related organization and therefore have a business relationship: 1. Sharon raggio, president & ceo (resigned in 2022) 2. Doug pattison, ceo”

“Classes of members of stockholders: colorado west, inc. Dba mind springs, inc., is the sole member of colorado west psychiatric hospital, inc. (cwph).”

“Members who can elect members of the governing body: the sole member of the corporation has the exclusive power and authority to appoint all of the directors to serve on the board of directors of the corporation and to remove the directs it appoints. The sole member may delegate this function to the board of directors of the corporation, reserving for itself the right of final approval of such actions.”

“Decisions of governing body subject to approval by members: approval of the sole member is required to: a. Amend or restate the articles of incorporation or bylaws of the corporation; b. Elect or remove directors of the corporation; c. Create corporation budgets, amend the budgets, sell or purchase goods or services or property outside or inconsistent with the budgets, or establish spending authority of the ceo; d. Create corporation strategic plans; e. Appoint and/or remove chairperson or president of the board of directors; f. Change the name of the corporation, sell the corporation, enter into a joint venture or discontinue any corporation operation for more than three consecutive days; g. Establish a corporate compliance plan; h. Appoint an independent auditor for the corporation.”

“Process to review the form 990: the form 990 is prepared by an outside third party and is reviewed by the controller and cfo.”

“Process for monitoring compliance with conflict of interest policy: in connection with any actual or possible conflict of interest that an interested person may have with a proposed transaction, the interested person must disclose the existence of all financial interests that could be construed to be a conflict of interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. Each director, principal officer, and member of a committee with governing board-delegated powers, shall annually sign a statement which affirms such person has received a copy of the conflict of interest policy; has read and understands the policy; has agreed to comply with the policy; and understands the organization is charitable and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Periodic reviews are conducted to determine if officer and directors are in compliance with the policy. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“Review of ceo or top mgmt. Official compensation: compensation is paid by a related party, colorado west, inc. Ceo compensation was determined by the board of directors using salary data that was gathered from external sources to make an informed decision. The salary survey is performed annually and is used in setting compensation. Ceo compensation is documented in a written employment contract and contemporaneously documented in board minutes upon deliberation. Review of other officer or key employees compensation: compensation is paid by a related party, colorado west, inc. Other officer compensation is reviewed by an independent, external salary consultant. The most recent salary survey was performed in 2020. The board does not approve other officer's compensation and the decision is not formally documented.”

“Governing documents available to the public: the governing documents, financial statements, and conflict of interest policy are available upon request.”

“No form w-3 is filed for colorado west psychiatric hospital, inc. Because all of the employees of the hospital are compensated through a related organization, which is reimbursed by the hospital for these employees services.”