Chg Foundation

“Officers and employees are employed and compensated by community health group (chg), a related organization. Chg reports 100% of the individual's compensation on w-2's issued by chg.”

“All administrative and management functions for chg foundation are performed by a related entity, community health group, under the terms of an administrative services agreement.”

“The board of directors engages the services of an independent public accounting firm (moss adams, llp) to complete the annual certified audit. The certified financial statements are reviewed with and approved by the board of directors. The services of moss adams, llp are also engaged to prepare and complete form 990. The form 990 is prepared under the direction, review and oversight of community health groups' finance department. The board of directors relies on the expertise of internal management and moss adams, llp as outside service providers. A complete copy of the form 990 is provided to the members of the board for their review prior to filing with the internal revenue service.”

“Annually the board of directors and key management receive refresher training, conducted by outside legal counsel, on the importance of identifying any conflict of interest and the disclosure of any real or potential conflicts of interest is an integral part of the culture at community health group. Any potential conflicts are reported to the compliance officer for investigation and follow-up.”

“Consolidated audited financial statements, including community health group and chg foundation, are available to the public on the department of managed health care website. The governing/organizing documents are on file with the department of managed health care and can be obtained under the california public records act. The conflict of interest policy is not made available to the public.”

“The fees for services consist of management fees paid to community health group, a related organization, in accordance with an administrative service agreement.”

“Audit committee and oversight - there have been no changes to the process from prior year.”

“The organization's audited financial statements are prepared on a consolidated basis; however, the organization maintains separate financial records for each entity. This separate financial information has been used to complete the reconciliation at part xi. Consolidated information from the audited financial statements has been used in schedule d, parts xi & xii.”

“Excess or (deficit) for the year per financial statements - the amount at part xi, line 10 does not tie to the audited financial statements as the audited financial statements are prepared on a consolidated basis. The amount at part xi is the excess for chg foundation only and does not include the excess or deficit attributable to community health group. This is the amount necessary to properly roll forward net assets for this entity only.”