Humboldt Park Health

“The board retains the services of an independent cpa firm to prepare the organization's form 990. Members of the fiscal services department, the chief financial officer and the chief executive officer review the completed form 990. Prior to filing the chief financial officer signs the form. The chief financial officer informs members of the governing body that a copy of the signed form is made available to them upon request.”

“All trustees, officers, and key employees and key physicians (as defined in the board's conflict of interest policy) of the corporation are subject to the conflict of interest policy. In addition, all independent contractors who provide services and/or materials to the corporation in exchange for $20,000 or more in payment during any fiscal year shall be subject to these provisions. All persons subject hereto shall be hereinafter referred to as "covered persons." the chief executive officer of the corporation is responsible for publicizing the provisions of this article to the persons affected thereby. No person shall become a trustee, officer, or employee or medical department director of the corporation without first acknowledging in writing to the corporation that he or she has reviewed, fully understands and is in compliance with the provisions of the conflict of interest policy. All covered persons shall promptly disclose to the board of trustees of the corporation all substantive potential conflicts of interest which such person discovers or which is brought to his or her attention. Such disclosure shall include submission to the board of a written statement of the facts surrounding the conflict of interest and an opportunity to make a brief oral statement to the board with respect to the matter in question. An annual disclosure statement shall be circulated to all covered persons to assist them in considering such disclosures. In addition, the policy is monitored periodically throughout the year for any conflicts of interest. Prompt disclosure notices of conflict shall be filed with the president of the corporation or any other person designated by him from time to time to receive such notifications. All disclosure notices received hereunder shall be noted for record in the minutes of a meeting of the board of trustees. The presence of the trustee who is directly or indirectly a party to the transaction in question or a trustee who is otherwise not disinterested may be counted in determining whether a quorum is present for the purpose of the meeting, but shall not be present or have a vote when the board of trustees or a committee of the board discusses and takes action on the transaction.”

“The compensation of the chief executive officer, chief operating officer/vice president medical affairs and chief financial officer were reviewed by an external organization specializing in compensation management. A compensation analysis is performed every three years by an independant consulting firm. The results of that review are documented in writing and provided to the executive committee of the board of trustees.”

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

“Professional medical & non-medical services and purchased procedures: program service expenses 25,831,108. Management and general expenses 3,471,131. Fundraising expenses 94,312. Total expenses 29,396,551.”

“Change in net assets of hph foundation 1,347,759. Pension related changes, other than net period pension cost 1,753,722. Other pension costs -1,373,290.”