H B Magruder Memorial Hospital

“The cfo reviewed the form 990 with the board treasurer to the level of detail requested by the board treasurer. The form 990 was then electronically delivered to each member of the board with a discussion of key points prior to filing.”

“Written disclosure of conflicts of interest are requested annually for all board members. The ceo reviews all disclosures. The code of regulations asks for prompt disclosure if situations change during the year. Any board member with a conflict or potential conflict is restricted from participating in voting on matters where there is a conflict or potential conflict. Doug focht, director, is restricted from participating in decisions in regard to building construction transactions (see schedule l, part vi disclosure).”

“The ceo's compensation is approved by the board. The executive committee reviews the oha salary survey for comparison. Recommendations to the full board are made based on salary survey findings, market findings, and performance review for executives; all other non-executive employees' salaries are determined in a similar fashion excluding board approval. Contemporaneous documentation and recordkeeping is completed with respect to this process. This process was last performed in 2024.”

“Form 1023 and form 990 are available upon request. Governing documents, conflict of interest policy, and financial statements are provided to the public upon request. An abbreviated financial statement is included in the hospital's annual report.”

“Governing documents, conflict of interest policy, and financial statements are provided to the public upon request. An abbreviated financial statement is included in the hospital's annual report.”

“Physician fees: program service expenses 7,297,745. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,297,745. Purchased services (medical, human resources, administrative): program service expenses 4,298,221. Management and general expenses 1,955,581. Fundraising expenses 693. Total expenses 6,254,495. Therapy services: program service expenses 1,712,404. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,712,404.”

“Pain management book to tax difference 154,262. Pain management equity adjustment -149,688. Foundation fundraising activity book to tax difference 231,769. Change in restricted net assets -19,500.”

“Members of the hospital's board oversee the audit process and the selection of the independent accountant. This process has not changed since the prior year.”