Stephens Community Healthcare

“Western Maine Health Care, Corp. (EIN# 01-0411788) is the sole member of the organization.”

“The sole member has the responsibility for the election of the members of the governing body.”

“All decisions by Stephens Community Healthcare Foundation's governing body are approved by the member organization's governing body.”

“The President and the Regional Chief Financial Officer reviewed key components with the Finance Committee of the parent company's Board of Trustees. A detailed review of the Form 990 was performed by the Regional Chief Financial Officer prior to signing the return. The Form 990 was then made available to the full board prior to filing.”

“Conflict of Interest statements are obtained annually. The President's Office collects and reviews the responses. Where any real or perceived conflicts exist, officers and trustees are expected to recuse themselves (1) from meetings during times when the topics of potential conflict are discussed and (2) from voting on such matters. Key employees may not use their positions to profit personally or to assist others in profiting in any way at the expense of Stephens Community Heathcare Foundation.”

“Compensation Process for Top Official: Stephens Community Health Care Foundation has no employees. The officers of the organization are paid by its parent company, Western Maine Health Care, Corp. (EIN# 01-0411788) who through its parent company MaineHealth, has a formal written compensation policy in place. In consultation with an outside consulting firm, the MaineHealth Board Compensation Committee establishes appropriate compensation parameters for each organization's CEO and certain members of their Senior Management Team. Working within these parameters, the Western Maine Health Care Board determines the level of compensation for its CEO. The findings of the Compensation Committee are made transparent to, and voted on by, the full Governing Board. The "total executive compensation" is filed publicly by the organization, and includes "total cash compensation and "total value of all benefits and perquisites" associated with the position. The Board takes necessary action to prevent the CEO from voting or directly participating in the final Committee determination of his own compensation. The organization's executive compensation procedures rely upon appropriate data for comparability (e.g.compensation levels paid by both taxable and tax-exempt similarly situated organizations and independent surveys by nationally recognized independent firms). Finally, the organization refrains from allowing executive compensation to ever be based solely on Western Maine Health Care, Corp.'s revenues or other similar profit-sharing strategies. Compensation Process for Officers At the time of hire the compensation department utilizes market data to provide an accurate, competitive and appropriate offer. Annual merit increases are determined by the CEO, subject to guidelines established on a system wide basis.”

“Documents that are required to be open for public inspection are made available upon request.”

“Equity transfer to affiliates -435,421.”