Children'S Community Health Plan Inc

“The organization has a sole corporate member which is chhs.”

“Chhs, the sole corporate member of the organization, elects the organization's governing body.”

“The sole corporate member, chhs, has certain reserve powers over the corporation, including amendment of the articles of incorporation and bylaws; approval of merger, consolidation or the creation of any subsidiaries by the corporation; approval of the annual budget and any debt; and selection of the president.”

“The form 990 was reviewed by the audit and compliance committee of the chhs board of directors, and prior to filing, a copy was provided to all directors of cchp.”

“Annually, all members of the board of directors, officers, and key employees are requested to submit a conflict of interest disclosure to the director of corporate compliance. The compliance department monitors and periodically reviews transactions between the organization and board members or entities with which they are affiliated.”

“The compensation of the organization's president, treasurer, and secretary was reviewed and approved by the independent compensation committee of chhs (the organization's corporate member). With the assistance of an independent compensation consultant and information from a variety of external sources (as indicated on schedule j), the committee confirmed that total compensation amounts to be paid were reasonable and comparable to amounts paid by similarly situated organizations. The process followed by the committee, including the data relied upon and the committee's decisions, was thoroughly and timely documented. Compensation of the coo was set by supervisory executives in consultation with chhs human resources leaders. The process included review by independent persons who, using a variety of external sources (as indicated on schedule j), confirmed that total compensation amounts to be paid were reasonable and comparable to amounts paid by similarly situated organizations. The process and data relied on were thoroughly and timely documented.”

“The governing documents, conflict of interest policy and financial information of cchp are available to the public upon request through the chhs marketing and communication department.”

“The organization filed form 1099s during the taxable year for medical payments it made from its bank accounts. Due to cyber attacks that occurred in 2024, some of the organization's medical payments were included on the organization's third party administrator's (tpa) form 1099s since the cash was disbursed via the tpa's bank account. Additionally, compensation amounts owed to independent contractors and health care providers were processed and paid by a related entity, children's hospital and health system, inc. (chhs), with appropriate intercompany arrangements between the organization and chhs. The forms 1099 for such payments were issued by chhs, as the entity that processed and made the payments to the independent contractors.”

“The organization did not file form w-3 during the taxable year. Although the organization did retain employees and reported salaries on part ix of the form 990, the compensation amounts paid to employees of cchp were processed and paid by a related entity, children's hospital and health system, inc. (chhs), with appropriate intercompany arrangements between the organization and chhs. The form w-3 was issued by chhs, as the entity that processed and made the payments to the employees.”

“BANK FEES 131,429.”

“Cchp was included in the consolidated financial statements of chhs. The consolidated financial statements of chhs were prepared in accordance with accounting principles generally accepted in the united states of america and were audited by an independent accountant. Additionally, cchp was required to prepare statutory financial statements in accordance with accounting practices prescribed or permitted by the office of the commissioner of insurance of the state of wisconsin, which is a basis of accounting other than accounting principles generally accepted in the united states of america. The statutory financial statements were also audited by an independent accountant, but were not used to prepare the form 990 since the statutory statements were prepared using a basis of accounting other than accounting principles generally accepted in the united states of america.”