Lodi Community Hospital

“Lodi community hospital has one member, akron general medical center. Akron general medical center is organized in ohio as a non-profit organization and is recognized as exempt from federal income tax under irc 501(c)(3). Akron general medical center is not a private foundation.”

“Akron general medical center is the sole member of lodi community hospital. Akron general health system is the sole member of akron general medical center. The organization follows the practice under which lodi community hospital current board suggests candidates for openings on its board, that are then reviewed for approval by akron general health system's board.”

“Akron general medical center is the sole member of lodi community hospital. Akron general health system is the sole member of akron general medical center. Akron general health system's responsibilities include providing long term planning, establishing system policies and procedures, financial management, and assisting organizations within the system in carrying out thier exempt programs. Generally, akron general health system limits its power of approval over decisions made by the board of lodi community hospital to those concerning membership of that board and that organization's annual budget.”

“Lodi community hospital is a member of the akron general health system. Lodi community hospital prepares its form 990 internally. The return is subject to financial review by the chief financial officer of akron general health system, the vice president of accounting and finance of akron general health system, and reviewed for compliance with the reporting requirements of form 990 by the director of corporate tax for akron general health system.”

“Lodi community hospital is a member of the akron general health system (system). Akron general health system is the parent organization of the system and as such it determines certain policies and procedures applicable to all member organizations. In the case of conflict of interest reporting, akron general health system not only determines the policy and the procedure, it carries out the procedure for all system organizations. A conflict of interest questionnaire is distributed to all board members, management personnel, employed physicians and any other personnel that have been designated by management. The distribution covers all system organizations. All responses that indicate a perceived conflict of interest are turned over to the governance committee (the committee) of akron general health system for review. The committee makes a determination as to whether the perceived conflict is likely to be an actual conflict, the materiality of any actual conflicts and the extent of safeguards required for any actual conflicts. Safeguards include, but are not limited to, requiring, in the case of a board member, that the person recuse himself or herself from any discussions or voting that may be affected by the conflict, requiring the person to disengage from the conduct creating the conflict or requiring the person to resign from the position affected by the conflict. This process is conducted by akron general health system's legal services department annually. The conflict of interest letter puts the recipient on notice that he or she is under an ongoing duty to report any potential conflicts that may arise subsequent to this formal process. Subsequent event reporting is monitored by akron general health system's legal services department. Any subsequent reported items are subject to the aforementioned review process by akron general health system's governance committee.”

“The reporting organization is a member of the akron general health system. The exempt purpose of the system parent, akron general health system (aghs), is to support the members of that system. One of the support services that aghs provides is determining the compensation of the top management personnel of the reporting organization. Aghs follows a process for determining compensation of the organization's ceo and other top management personnel that is modeled after the requirements found in internal revenue code section 4958 for establishing the presumption of reasonable compensation. Therefore, the process calls for recommendations - developed by an independent compensation consultant, based on comparable market data from published surveys and the forms 990 of comparable organizations - that are within the range of the compensation of similarly situated persons at similarly situated organizations. These recommendations are reviewed by a committee of the reporting organization's board of directors. The committee is comprised of independent persons and the deliberations are documented, contemporaneously, in the committee's minutes. The compensation for all top management was reviewed for reasonableness using this process in 2012.”

“Currently, lodi community hospital does not make its governing documents, conflict of interest policy, or its financial statements generally available to the public. Lodi community hsopital does make these documents available on a case by case basis.”

“Physician professional fees: program service expenses 678,062. Management and general expenses 2,500. Fundraising expenses 0. Total expenses 680,562. Other professional fees: program service expenses 911,271. Management and general expenses 0. Fundraising expenses 0. Total expenses 911,271. Billing & collection fees: program service expenses 53,231. Management and general expenses 50,889. Fundraising expenses 0. Total expenses 104,120. Licenses & registration: program service expenses 53,850. Management and general expenses 54,299. Fundraising expenses 0. Total expenses 108,149. Security services: program service expenses 0. Management and general expenses 11,315. Fundraising expenses 0. Total expenses 11,315. Courier: program service expenses 0. Management and general expenses 54,122. Fundraising expenses 0. Total expenses 54,122. Transcription: program service expenses 46,506. Management and general expenses 0. Fundraising expenses 0. Total expenses 46,506. Miscellaneous: program service expenses 220,502. Management and general expenses 189,029. Fundraising expenses 0. Total expenses 409,531.”

“Change in interest in foundation net assets -73,980. Grant funding for capital 8,384. Transfer to/from affiliates -409,374.”