Lima Memorial Joint Operating Company

“The members are lima memorial hospital and ph ventures, inc., whose sole member is promedica health system, both ohio nonprofit corporations.”

“The audit committee of the board reviews and approves the form 990, and a copy of the form 990 is provided to the board, prior to filing. This process has not changed from the prior year.”

“Each trustee, principal officer, and member of a committee with board-delegated powers shall annually sign a statement which affirms that such person: 1) has received a copy of the conflicts of interest policy; 2) has read and understands the policy; 3) has agreed to comply with the policy; and 4) understands that the corporation is a charitable organization and that in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. If the board or committee has reasonable cause to believe that a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the response of the member and making such further investigation as may be warranted in the circumstances, the board or committee determines that the member has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“The process for determining the organization's ceo, other officers and key employees' compensation includes: 1) review and approval by the compensation committee; 2) the utilization of an independent compensation consultant; 3) comparable data; and 4) contemporaneous documentation. This process was last completed in 2015.”

“The governing documents and conflict of interest policy are currently not available to the public. The financial statements are filed with the return as required.”

“PURCHASE SERVICE: Program service expenses 3,227,232. Management and general expenses 4,122,526. Fundraising expenses 0. Total expenses 7,349,758. HEARING AID REPAIR: Program service expenses 5,163. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,163. PROF PURCHASE SERVICE: Program service expenses 3,936,985. Management and general expenses 8,225. Fundraising expenses 0. Total expenses 3,945,210. CONSULTING: Program service expenses 39,567. Management and general expenses 62,762. Fundraising expenses 0. Total expenses 102,329. COLLECTION: Program service expenses 0. Management and general expenses 846,311. Fundraising expenses 0. Total expenses 846,311. RENTAL: Program service expenses 1,031,074. Management and general expenses 603,280. Fundraising expenses 0. Total expenses 1,634,354. COPIER RENTAL: Program service expenses 0. Management and general expenses 95,982. Fundraising expenses 0. Total expenses 95,982. CELL PHONE RENTAL: Program service expenses 40,150. Management and general expenses 0. Fundraising expenses 0. Total expenses 40,150. SERVICE CONTRACTS: Program service expenses 936,551. Management and general expenses 5,012,320. Fundraising expenses 0. Total expenses 5,948,871. FREIGHT: Program service expenses 0. Management and general expenses 289,127. Fundraising expenses 0. Total expenses 289,127. WASTE: Program service expenses 559. Management and general expenses 50,119. Fundraising expenses 0. Total expenses 50,678. COURTESY TRANSPORT-PARKING: Program service expenses 145,933. Management and general expenses 0. Fundraising expenses 0. Total expenses 145,933. CLEANING: Program service expenses 81,058. Management and general expenses 80,086. Fundraising expenses 0. Total expenses 161,144. PHYSICIAN FEES: Program service expenses 3,089,410. Management and general expenses 175,397. Fundraising expenses 0. Total expenses 3,264,807. CORPORATE FEE: Program service expenses 153,783. Management and general expenses 0. Fundraising expenses 0. Total expenses 153,783.”

“Implementation of new accounting pronouncement 118,579. Investment in lmhs women's health co-management k-1 2,238. Restricted contributions 293,641.”

“The audit committee assumes responsibility for the oversight of the audit and the selection of the independent accountant. This process has not change from the prior year.”

“The calculation reconciles the organization's operations to the lima memorial health system's consolidated financial statements. Gain (loss) from operations lmh $ 16,113,450 lmp $( 9,263,294) elm tree $( 87,258) total gain (loss) from operations $ 6,762,898 non-operating revenues, net* $( 638,092) interest rate swap $( 196,334) audited excess revenue $ 5,928,472 net assets released from restriction $ - ppa $ 10 net $ 5,928,482 other 990 adjustments women's health k-1 $( 2,238) unrealized gain/loss $ 1,661,979 cardinal health k-1 $( 73,520) total other 990 adjustments $1,586,221 net $7,514,703 lmjoc 990 part 1, line 19 $ 16,940,236 llp 990 part 1, line 19 $( 9,262,818) elm tree 1120 line 30 $( 89,195) lmh 990ez part 1, line 18 $( 73,520) net tax returns $ 7,514,703 difference: financial statements vs tax return $ - * includes unrealized gain/loss of $(1,661,979)”