Ucm Network Development Foundation

“Pursuant to the organization's governing documents, the sole voting member of the organization is ingalls health system (ihs), a related tax-exempt organization. As the organization's sole corporate member, ihs has the right to participate in the organization's governance. Ihs has the right to elect, appoint, or remove any board of director of organization without cause at any time. In addition, the sole corporate member has the exclusive right to approve or ratify significant decisions of the organization's governing body. Significant decisions of the organization's governing body include, but are not limited to, the right to approve long-term capital and operational budgets, to approve a plan of dissolution or merger with another organization, and to approve the development, construction or implementation of any new healthcare facility, program, or service.”

“Please see the narrative for part vi, section a, line 6.”

“Please see the narrative for part vi, section a, line 6.”

“The full form 990, including supplemental schedules, was presented by the chief financial officer to the executive committee at a committee meeting. The full board has granted to the executive committee authority to approve the form 990. The full board will receive a report from the executive committee, describing the executive committee's review performed. The form 990 will be available at the organization's board meeting for each member's review.”

“All officers, directors, board members, and key employees must avoid situations in which their personal interests may conflict, or appear to conflict, with the interest of ingalls; and ingalls reviews its own relationships with other care providers, educational institutions, and payers to determine if potential conflicts exist. Employees shall have the continuing affirmative duty to report to the president and chief executive officer (ceo) of ingalls any personal ownership interest or other relationship that might affect their ability to exercise impartial, ethical business judgments in the area of their responsibilities. Per the entity's conflict of interest policy, employees at management level will be required to complete a "certification and disclosure" form, on a schedule determined by the corporate compliance officer. Completion of this form is a job requirement for all managerial employees, and may be required of non-management employees as determined by the president and chief executive officer and the corporate compliance officer. Employees also have a duty to report conflicts or potential conflicts of interest of which they may be aware involving other employees. Each situation reported shall be reviewed by the president and ceo, and ingalls corporate compliance officer, and a determination shall be made as to whether a conflict of interest exists or may arise from such a situation. The decision of the president and ceo and corporate compliance officer regarding whether a conflict exists shall be final. The employee handbook mentions the entity's conflict of interest policy. Each employee is required to sign an acknowledgment of the handbook upon employment.”

“The organization does not compensate the organization's top management official. Therefore, this question has been marked no in accordance with irs instructions. The ingalls memorial hospital (imh), a related tax-exempt organization, is responsible for determining and administering compensation for all officers and key employees of each respective entity within the ingalls health system corporate structure. Below is the process used to establish compensation for the top management official. Top management official: in setting the top management official's compensation, the executive committee relies on recent comparability studies that provide compensation data for similarly qualified persons in comparable organizations to support its decision-making process. In addition, the organization received an independent compensation review by towers watson in the fall of 2014. The committee adequately documents its compensation determinations, deliberations, and approval of the top management official's compensation in the meeting minutes. The process for reviewing and determining compensation for the top management official was last undertaken in the fall of 2014.”

“The organization does not compensate the organization's other officers or key employees. Therefore, this question has been marked no in accordance with irs instructions. The ingalls memorial hospital (imh), a related tax-exempt organization, is responsible for determining and administering compensation for all officers and key employees of each respective entity within the ingalls health system corporate structure. Below is the process used to establish compensation for other officers and key employees. Other officers and key employees: an outside compensation consultant is used to render a reasonable opinion as to what percentage of increase a vice president should receive by performing a market comparison for all vice presidents. The process to determine an increase in compensation for vice presidents was performed in the prior year for the current year's compensation. Salary increases are approved annually by the president and executive committee once received by the outside consultant. Directors and managers receive an increase in compensation based on whether or not performance goals have been reached. Before a fiscal year starts performance goals are put together by the director or manager and submitted to the vice president for approval. Approved goals are then reviewed by all other executives. Once approved by all, these are the goals for the year. After the year is over the performance goals are reviewed by the vp and director or manager. Market adjustments are set by the immediate vp and sent to all executives for their approval.”

“Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to internal revenue code (irc) section 6104. These documents are not available to the public at this time.”

“Expenses of ingalls health system (ihs) and related entities (see schedule r) are paid by ihs. Ihs is responsible for issuing the 1099's to independent contractors, and subsequently allocates a percentage of the expense and receives reimbursement from the related entities.”

“The organization's investments are held in a pooled investment account managed by northern trust. Realized gains and losses are pooled and allocated to the participants. The organization receives monthly information on the funds from northern trust and determines the total gain or loss amounts. As such, the organization does not have access to the detail for proceeds and cost basis for gains and losses reported during the year.”

“Change in temporarily restricted net assets - -77506;”