Bethesda Hospital Inc

“Bethesda hospital, inc. Has two corporate members - bethesda, inc. (voting member) and trihealth, inc. (non-voting member).”

“Bethesda, inc. Has the ability to elect members to the governing body of bethesda hospital, inc.”

“Bethesda, inc. Must approve certain financial transactions, amendments to bethesda hospital, inc.'s governing documents and those matters reserved by ohio law.”

“Members of the board are provided an electronic copy of this form 990 prior to filing after review by the finance and audit committee of the board, along with the committee's summary of the form 990. However, for the protection of donor privacy, schedule b - schedule of contributors was removed from the copy provided to the board. Subsequent to presentation to the board, the organization files the return making any non-substantive changes necessary to effect e-filing. Any such non-substantive changes are not submitted to the board.”

“All board members are required to annually disclose certain financial interests and fiduciary relationships. The executive committee and corporate counsel review responses, conduct further investigation (if necessary), and determine when a conflict exists with respect to a certain transaction. If a conflict exists, the transaction is not to be entered into unless alternatives are fully investigated, and in their absence, the board, without the participation of the interested member(s), determines that the transaction is in the best interest of the organization. Plans to manage the conflict during the relationship are implemented. All discussions are appropriately documented. All directors and managers, which include officers and key employees, are required to annually disclose any circumstances, including family and business relationships, that may create a conflict of interest for the organization. These responses are reviewed and acted upon by a conflict of interest committee.”

“Bethesda hospital, inc.'s governing documents, conflicts of interest policy and financial statements are available upon request.”

“The board of trustees of bethesda hospital, inc. ("the corporation"), established an executive committee which may exercise such power and authority of the board of trustees in intervals between meetings of the board as authorized by the board. The executive committee is composed of the board chair, the board vice chair, the president & ceo, the secretary and two other board members all in accordance with the network affiliation agreement.”

“During the year, bethesda hospital, inc. Participated in a joint venture with one or more taxable persons and/or organizations. As of the end of the fiscal year, bethesda hospital, inc. Had not adopted a written policy or procedure that requires the organization to negotiate, in its transactions and arrangements with other members of the venture or arrangement, such terms and safeguards as are adequate to ensure that the organization's exempt status is protected. However, all joint ventures, when entered into, have outside legal counsel review of the operating agreement or other organizational documents to ensure that the organization's exempt status is protected prior to the commencement of the joint venture. Once the joint venture commences, bethesda hospital, inc. Personnel monitors its activities to ensure the organization's exempt status is protected.”

“The officers and directors for bethesda hospital, inc. That show at least 60 hours per week provide services to trihealth, inc. (a related organization who paid the individuals) and its subsidiaries/affiliates ("trihealth") as an entire system. Hours worked, including their duties as officers and directors of the filing organization, are not tracked on an entity by entity basis, thus the average hours per week disclosed are estimates to show that the time spent by these individuals relate to them fulfilling their duties as full-time, 60 hours-per-week employees of trihealth versus their duties as officers and directors of the filing organization. In addition, the compensation reported on form 990, part vii was paid to these individuals in fulfillment of their duties as employees of trihealth. Directors (as noted with a "med staff pres" reference) for bethesda hospital, inc. Serve on the board in their capacity as medical staff president for either bethesda hospital, inc. Or the good samaritan hospital of cincinnati, ohio. In addition, these individuals provide services as employees of various related entities for which they receive compensation. None of the compensation shown is for serving as a director.”

“Contributed capital to parent -2,000,000. Loss on unconsolidated organizations -100,194,714. Change in pension plan/serp funded status 62,389,922. Change in temporarily restricted net assets held at foundation 16,825,015. Net special funds activity -106,910. Adjustment to true up investment in trihealth, inc. 462,231.”

“During the tax year, bethesda hospital, inc. Was assisted by 524 volunteers who donated approximately 62,400 hours.”

“The financial statements of bethesda hospital, inc. ("hospital") are audited as part of trihealth, inc. And its subsidiaries and affiliates ("trihealth"). Trihealth has a committee that assumes the responsibility for oversight of the audit of both its and its subsidiaries and affiliates financial statements as well as the selection of the independent auditor. In addition, hospital's financial statements are audited with bethesda, inc., the parent organization of hospital. Bethesda, inc. Has a committee that assumes the responsibility for oversight of the audit of both its and its subsidiaries financial statements as well as the selection of the independent auditor. During the tax year, there was not a change in the process of audit oversight and/or selection of an independent auditor by either trihealth or bethesda, inc.”