Jtd Hospital Foundation

“A copy of form 990 is provided to the board-designated committee for their review prior to filing. The board-designated committee will report their review and recommendation of filing form 990 to the full board of directors. Form 990 is made available to all members of the board of directors prior to filing.”

“The conflict of interest policy covers all board members, officers, and managers of grand lake health system. Annually these individuals, as well as new board members when they first join, provide the president of the corporation an updated listing of all businesses or other organizations of which he or she is a trustee, officer, director, member, partner, owner, general manager, substantial shareholder, employee or for which he or she acts as an agent. When a conflict of interest is identified the determination is made and discussed openly at the board level. The individual is then prohibited from participating in the board's deliberations and decisions.”

“The salary amount for the president is reviewed and approved by a related entity's, joint township district memorial hospital, board executive committee. The executive committee uses the ohio hospital association's annual chief executive officer compensation survey, integrated healthcare strategies (an independent compensation consultant) annual national healthcare leadership compensation survey, other 990s filed by other hospitals, and input from the following: integrated healthcare strategies, board of trustees, and board executive committee to determine the president's salary. The board chair signs the payroll change of pay form as well as writes a memo to the director of financial services. Documentation regarding the president's salary and record keeping regarding deliberations is kept by the board executive committee. Salary amounts for officers and other key employees are reviewed and approved by the president. The president references the oha compensation salary survey. The president is approved by the board of directors to perform this process. Furthermore, the president is completely independent from all officers and key employees. This process was last completed in november 2015.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The finance committee of a related entity, joint township district memorial hospital, assumes responsibility for the oversight of the audit and the selection of the independent accountant. This process has not changed since last year.”