Cgh Health Foundation

“The board of directors of cgh health foundation has common board members with cgh medical center, thus creating a business relationship. Dr. Paul steinke is the ceo of cgh medical center and also is on the boards of cgh health foundation and cgh medical center. Martha kophamer, kristie geil, and dr. Matthew cutter are employees of cgh medical center and also serve on the board. Joan hermes also serves as executive director of the organization and is an employee of cgh medical center. John van osdol is on the board of cgh health foundation and on the board of cgh medical center.”

“The foundation shall have one class of members. The members shall consist of the acting members of cgh medical center board's executive committee, membership in this foundation shall automatically cease when the member no longer holds such office. Each member shall be entitled to one vote on each matter submitted to the vote of the members.”

“The members of the foundation shall at each annual meeting elect successors for trustees whose terms are expiring.”

“The return preparer submits a draft of form 990 to the director of finance. The director of finance performs an initial review of the return and submits changes to the preparer. The preparer then submits a second draft to the director of finance. The director of finance, foundation's executive director and foundation's board treasurer review the second draft. Upon their agreement, they inform the preparer that the return is ready for processing.”

“Each trustee, principal officer and member of a committee with board delegated powers shall annually sign a statement which affirms such person: 1. Has received a copy of the conflict of interest policy; 2. Has read and understands the policy; 3. Has agreed to comply with the policy; and 4. Understands the corporation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Conflicts of interest are investigated by appointed members of the governance committee as they arise. If it is determined that an individual failed to disclose an actual or possible conflict of interest, it shall inform the individual of such a belief and afford him an opportunity to explain. After said explanation, the board shall take appropriate disciplinary and corrective action as deemed necessary. The conflict of interest policy is reviewed by the board annually and updated as needed.”

“All wage/salary ranges are researched and compared to selected compensation survey data to determine required market adjustments. Position descriptions must be maintained on a current basis and will be used as a basis of comparison to market data. This process will take place at least twice per year. Additional comparisons will be conducted any time the marketplace indicates pressure on key positions. Overall market adjustments are effective the first full pay of july of each year, with additional adjustments made as conditions so warrant. Compensation for the foundation's executive director is approved by the board.”

“The organization's governing documents are available to the public upon request in writing.”

“The organization maintains an independent finance committee which is responsibile for oversight of the audited financial statements. The finance chair participates in the process of the selection of the independent auditor, as he is also a member of the finance committee of cgh medical center.”