Mary Rutan Health Association

“Form 990 is reviewed by the cfo, ceo, and members of the audit committee prior to filing. The board receives a copy before the return is filed.”

“Directors and officers of the corporation shall disclose to the board any situation wherein the director or officer has a conflicting interest or duality of interest that could possibly cause that person to act in other than the best interest of the corporation. Officers and directors must complete an annual statement of conflicts of interest. The responses to the conflict of interest are reviewed and determined if additional disclosure is necessary or if the answers need to be reviewed by legal counsel. Any member of the board having a known duality of interest or possible conflict of interest on any matter should make a disclosure of such conflict to the other trustees. Such person shall not vote or use his or her personal influence on the matter, but such person may be counted in determining the quorum for the meeting. The minutes of the meeting should reflect the making of the disclosure, and abstention from voting and the quorum situation. In addition, any officer of the corporation having a known duality of interest or possible conflict of interest on any matter before such officer for administrative action shall report the conflict to the president or, in the case of the president, to the chair. Such officer shall abstain from taking any administrative action on such matter. The conflict of interest policy is based on the irs model.”

“Mary rutan hospital and mary rutan health association's executive compensation philosophy covers the following groups of executives: president and chief executive officer; chief financial officer; association, hospital, and select subsidiary vice presidents and administrators. In determining the appropriate level of compensation within the overall strategy, mary rutan will consider such factors as: total incumbent responsibilities and scope of the position held by the individual; incumbent's length of service in the industry, length of service with the hospital, and years in current position; the hospital's financial and non-financial performance over a relevant time period; and additional activities performed by the incumbent from the position responsibilities identified, but having a direct or indirect impact on business (multiple job responsibilities, special projects, specific industry expertise/experience, etc.). The review includes periodic use of an independent compensation consultant, compensation studies and surveys, and approval by the executive committee and board. Voting members of any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the corporation for services is precluded from voting on matters pertaining to that member's compensation. The compensation review for the ceo, other officers, and key employees was last conducted in 2022.”

“The documents are only made available at the written request of the interested party.”

“The salaries and wages for the officers and highest compensated employees on mary rutan health association are initially paid out of mary rutan health association but an entry is made to allocate the salary and wage expesnes to mary rutan hospital, a related organiation where the majority of the time is spent. Therefore, the officers amanda goble and steve brown will be shown as being paid by the organization on part vii, but their officer compensation will be included on part ix, line 5 of the mary rutan hospital return.”

“The corporate health services are now intended to be reported under mary rutan hospital. However, the system used to track patient charges and payments is currently under the federal identification number of mary rutan health association. Therefore, the reporting for the corporate health services financial information is on the mary rutan health association form 990. The total charges reported is $241,527.”

“Equity income of subsidiaries -21,678,982.”

“The audit committee assumes responsibility for oversight of the audit. This process has not changed from the prior year.”