Presence Chicago Hospitals Network

“The process for determining compensation of the organization's CEO, Executive Director, or Top Management Official is performed by a related organization. The process includes review and approval by independent persons of the related organization's compensation committee, use of comparability data, and contemporaneous substantiation of deliberation and decision regarding the compensation arrangement. The compensation committee is charged with overseeing the process in a manner designed to assure independence, avoid conflicts of interest, ensure reasonableness and market comparability of total compensation, and to otherwise abide by pertinent laws and regulations.”

“The process for determining compensation of the organization's other officers or key employees is performed by a related organization. The process includes review and approval by independent persons of the related organization's compensation committee, use of comparability data, and contemporaneous substantiation of deliberation and decision regarding the compensation arrangement. The compensation committee is charged with overseeing the process in a manner designed to assure independence, avoid conflicts of interest, ensure reasonableness and market comparability of total compensation, and to otherwise abide by pertinent laws and regulations.”

“The organization's articles and bylaws were amended effective june 19, 2019 to reflect the appointment of ascension health alliance as its treasury agent to control finances and financial policies of the corporation and to perform banking, finance and other treasury functions.”

“Presence chicago hospitals network has a single corporate member, presence care transformation corporation.”

“Presence chicago hospitals network has a single corporate member, presence care transformation corporation, who has the ability to elect members to the governing body of presence chicago hospitals network.”

“All decisions that have a material impact to presence chicago hospitals network's financial information or corporation as a whole are subject to approval by its sole corporate member, presence care transformation corporation.”

“During the return preparation process, the tax department works with other functional areas which may include, as needed, finance, accounting, treasury, legal, human resources, and corporate compliance for advice, information and assistance in order to prepare a complete and accurate return. A complete final copy of the return is provided to designated management team members with experience in tax in lieu of the full board.”

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy in that any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transaction or arrangement. The remaining individuals on the governing board or committee will decide if conflicts of interest exist. Each director, principal officer and member of a committee with governing board delegated powers annually signs a statement which affirms such person has received a copy of the conflicts of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands that the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish its tax-exempt purpose.”

“The organization will provide any documents open to public inspection upon request.”

“Presence care transformation corporation ("pctc") (fein 36-3366652) acts as the agent for the corporation. Cash is swept from the corporation on a daily basis to pctc and pctc issues all payroll and accounts payable checks on behalf of and as agent for the corporation and the appropriate accounting entries are recorded.”

“Miscellaneous Revenue - Total Revenue: 4584835, Related or Exempt Function Revenue: 1575607, Unrelated Business Revenue: 388460, Revenue Excluded from Tax Under Sections 512, 513, or 514: 2620768;”

“The activity of PRESENCE CHICAGO HOSPITALS NETWORK is reported in the consolidated financial statements of Ascension Health Alliance. No individual audit of PRESENCE CHICAGO HOSPITALS NETWORK is completed. Therefore, the audited financial statements are of Ascension Health Alliance and Affiliates, which include the activity of PRESENCE CHICAGO HOSPITALS NETWORK.”

“Presence Chicago Hospitals Network (THE "CORPORATION") REPORTS 0 ON FORM 990, PART V, QUESTION 1A AS IT IS NOT REQUIRED TO FILE FORM 1096, ANNUAL SUMMARY AND TRANSMITTAL OF U.S. INFORMATION RETURNS. ALL OF THE CORPORATION'S ACCOUNTS PAYABLE REPORTABLE ON FORM 1096 ARE PAID BY PRESENCE CARE TRANSFORMATION CORPORATION ("PCTC"), WHICH ISSUES ALL FORMS 1099, AND THE EXPENSE IS TRANSFERRED TO THE CORPORATION. THE COMPENSATION AMOUNTS REPORTED IN THIS 990 REFLECT THE AMOUNT TRANSFERRED TO THE CORPORATION FROM PCTC.”

“Presence Chicago Hospitals Network (THE "CORPORATION") REPORTS 0 EMPLOYEES ON FORM 990, PART I, QUESTION 5 AND FORM 990, PART V, QUESTION 2A AS IT IS NOT REQUIRED TO FILE FORM W-3, TRANSMITTAL OF WAGES AND TAX STATEMENT. THE CORPORATION'S COMPENSATION IS PAID BY PRESENCE CARE TRANSFORMATION CORPORATION ("PCTC"), WHICH ISSUES THE FORMS W-2 AND W-3, AND THE EXPENSE IS TRANSFERRED TO THE CORPORATION. THE COMPENSATION AMOUNTS REPORTED IN THIS 990 REFLECT THE AMOUNT TRANSFERRED TO THE CORPORATION FROM PCTC.”

“Transfers To/From Affiliates - -52869304;”

“Ascension health alliance completes a consolidated single audit (formerly known as a-133 audit) which includes all entities for which it is the ultimate parent organization whether they expended federal funds during the year or not.”

“PRESENCE CHICAGO HOSPITALS NETWORK is included in the consolidated financial statements of Ascension Health Alliance. The Finance and Audit committee of Ascension Health Alliance's Board assumes responsibility for the consolidated organization as a whole.”

“PRESENCE CHICAGO HOSPITALS NETWORK ALSO OPERATES UNDER THE FOLLOWING ASSUMED NAMES: - Cana Health - New Beginnings Prenatal Program - Programma Prenatal Nueva Vida - Presence Resurrection Retirement Community - Presence Answering Service - Presence Infusion Care-Evanston - Presence Infusion Care-Park Ridge - Harborview Recovery Center - Keys to Recovery - SFH Prof Bldg Pharmacy - Presence Nazareth Family Center Pharmacy - The Apothecary-Chicago - Presence Saint Elizabeth Hospital - Presence Saints Mary and Elizabeth Hospital - Presence Saint Mary of Nazareth Hospital - Presence Saints Mary and Elizabeth Medical Center - Presence Saint Joseph Hospital-Chicago - Presence Saint Francis Hospital - Presence Resurrection Medical Center - PSMEMC Center for Cancer and Specialty Care Pharmacy - PSMEMC Infusion - AMITA Health Holy Family Medical Center Des Plaines - AMITA Health Resurrection Medical Center Chicago - AMITA Health Saint Francis Hospitals Evanston - AMITA Health Saints Mary and Elizabeth Medical Center Chicago - RMC Cardiology”

“Presence Chicago Hospitals Network does not have its own direct website; however, Presence Chicago Hospitals Network operates the following hospitals which have their own websites as follows: Presence Saint Joseph Hospital Chicago- https://www.amitahealth.org/our-locations/hospitals/amita-health-saint-joseph-hospital-chicago/ Presence Resurrection Medical Center- https://www.amitahealth.org/our-locations/hospitals/amita-health-resurrection-medical-center-chicago/ Presence Saint Francis Hospital- https://www.amitahealth.org/our-locations/hospitals/amita-health-saint-francis-hospital-evanston/ Presence Saint Mary of Nazareth Hospital- https://www.amitahealth.org/our-locations/hospitals/amita-health-saints-mary-and-elizabeth-medical-center-chicago/ Presence Saint Elizabeth Hospital- https://www.amitahealth.org/our-locations/hospitals/amita-health-saints-mary-and-elizabeth-medical-center-chicago/ Presence Holy Family Medical Center- https://www.amitahealth.org/our-locations/hospitals/amita-health-holy-family-medical-center-des-plaines/”