Tri-County Health Network

“The majority of the network's board of directors are appointed by the telluride foundation's board of directors.”

“The network hires an independent accounting firm to prepare the federal form 990. Upon submission, the federal form 990 is reviewed and approved by the network's audit committee members and management staff. Once approved, the network emails a web link of the draft form 990 to each board member to view before the final copy of the federal form 990 is submitted to the internal revenue service.”

“On an annual basis, the network asks board members and staff to complete a disclosure form which requires them to identify any potential conflicts of interest. After full disclosure, the conflicted associate may be present for discussion of the matter. At his or hier discretion, an associate shall be allowed to vote on the matter if the conflict is of the same degree as if the associate were a trustee or member of the board of directors of a corporation which would be advantaged or disadvantaged by the outcome of the network's action or inaction. An associate shall not vote on the matter if the associate's personal financial interest would be advantaged or disadvantaged by organizations action or inaction. In the event there is a breach of this policy or allegation of a breach brought by an associate, the matter shall be reviewed and considered by the executive committee. In its review of the matter the executive committee shall decide what remedy, if any, is appropriate and which the network shall impose. Any party to the matter may appeal the decision of the executive committtee to the board of directors, for review, consideration and final decision by the board of directors, in a process to be determined by board of directors, and which decision by the board of directors shall be final.”

“The network conducted a compensation review in 2014 which included the following: - a performance review survey of the executive director which was completed by every executive committee member. - a review of the performance survey results with the ceo by three members of the executive committee (including the co-chairs and treasurer). - a compensation review following the performance review which will utilize the compensation comparable data from the foundation industry wide 2012 council on foundation salary and benefits survey.”

“The network's governing documents, conflict of interest policy, federal form 990, and financial statements are available to the public upon request.”