Our Lady of Victory Hospital

“The process of determining the amount of compensation paid to the organization's ceo, executive director or top management official is performed by ministry health care, inc. And its subsidiary organizations. Ministry health care, inc. Is the sole corporate member of ascension our lady of victory hospital, inc. The process included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The executive compensation committee reviewed and approved the compensation. In the review of the compensation, the organization's ceo, executive director or top management official's salary was compared to individuals at other organizations in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the minutes. The individual was not present when their compensation was decided.”

“The process of determining the amount of compensation paid to the organization's officers and key employees is performed by ministry health care, inc. And its subsidiary organizations. Ministry health care, inc. Is the sole corporate member of ascension our lady of victory hospital, inc. The process included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The executive compensation committee reviewed and approved the compensation. In the review of the compensation, the officers' salaries were compared to individuals at other organizations in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the minutes. Individuals were not present when their compensation was decided.”

“Ascension our lady of victory hospital, inc. Has a single corporate member, ministry health care, inc.”

“Ascension our lady of victory hospital, inc. Has a single corporate member, ministry health care, inc., who has the ability to elect members to the governing body of ascension our lady of victory hospital, inc.”

“All decisions that have a material impact to ascension our lady of victory hospital, inc. Financial information or corporation as a whole are subject to approval by its sole corporate member, ministry health care, inc.”

“During the return preparation process, the tax department works with other functional areas including finance, accounting, treasury, legal, human resources, and corporate compliance for advice, information and assistance in order to prepare a complete and accurate return. Upon completion, the form 990 is reviewed by the organization's internal tax department which consists of attorneys and cpas. A complete final copy of the return is provided to the organization's president, financial officer, and/or other key officers 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.”

“OTHER MISCELLANEOUS REVENUE - Total Revenue: 965, Related or Exempt Function Revenue: 965, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“OTHER MISCELLANEOUS REVENUE - Total Revenue: 6466, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 6466;”

“Physician Fees - Total Expense: 1720211, Program Service Expense: 1571244, Management and General Expenses: 148967, Fundraising Expenses: ; Consulting Fees - Total Expense: 8739, Program Service Expense: , Management and General Expenses: 8739, Fundraising Expenses: ; Professional Fees - Total Expense: -1642, Program Service Expense: , Management and General Expenses: -1642, Fundraising Expenses: ;”

“Transfer to affiliate - -1442130; transfers with alpha fund - 10507040; change in value of assets held by foundation of saint claire's hospital of weston, inc. - 5410;”

“The activity of ascension of our lady of victory hospital, inc. Is reported in the consolidated financial statements of ascension health alliance. No individual audit of ascension of our lady of victory hospital, inc. Is completed. Therefore, the attached audited financial statements are of ascension health alliance and affiliates, which include the activity of ascension of our lady of victory hospital, inc.”

“Ascension of our lady of victory hospital, inc. 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.”