Pekin Memorial Hospital Foundation

“Family and business relationships dr. Smalley and curtis eeten have a business relationship. All board members and officers have a business relationship with each other as a result of all serving as board members or officers of pekin prohealth, inc., a for-profit affiliate of the organization.”

“Delegating authority the board of directors has contracted with quorum health resources (qhr) to serve as a management corporation to assist in the leadership of the hospital. Qhr provides pekin memorial hospital foundation with leadership via the ceo along with other consulting services on financial and staffing needs.”

“Process to review 990 form 990 was reviewed by the ceo, cfo, and controller. Prior to filing, the 990 was provided to the board of directors electronically, and reviewed independently by each member. Questions by board members were handled on an individual basis with management.”

“Organization's policy for monitoring compliance periodic surveys are performed requesting disclosures of conflicts of interest. If it is determined that a conflict exists, the employee will be required to relinquish either the outside business interest/arrangement or his/her phs employment. The conflict of interest policies apply to individuals who serve as trustees, managers (department heads and above), chiefs of clinical departments, and any other employee, medical staff member or non-employed contractor acting in a managerial or clinical leadership capacity deemed by an administrative officer or chief of service to be in a position to influence decision-making for the organization. Disclosure will occur through an annual conflict of interest disclosure statement and the disclosure of other actual or potential conflicts as they arise. Potential conflicts of interest should be reported to an immediate supervisor, who, in turn, is obligated to report the matter to the corporate compliance officer. The corporate compliance officer is expected to investigate reported conflicts and make a report to the compliance committee on a quarterly basis. All board members are required to report any potential conflicts of interest to the board or an applicable committee of the board. After excusing the member with a potential conflict, the remaining members of the board or committee will discuss and decide if a conflict exists, board members found to have a conflict are required to excuse themselves from any discussions regarding a transaction related to a potential conflict and are prohibited from voting on any such matter.”

“Compensation review the ceo is employed by an outside management company.”

“Compensation review human resources and the ceo review the compensation of other officers and key employees of the organization on an annual basis.”

“Disclosure the governing documents, conflict of interest policy, and financial statements are not made available to the public.”

“Organization member progressive health systems is the sole member of the organization.”

“Election of governing body the sole member, progressive health systems, has the power to elect and remove the members of the board of trustees of the organization.”

“Change in oversight or selection process during the tax year financial statements are reported and reviewed at the board level.”

“Other changes in net assets or fund balance transfer from affiliate $ 2,208 rounding (1) ------- total $ 2,207”