Sauk Prairie Healthcare Inc

“The board has an executive committee consisting of the board's officers and the immediate past-president of the board so long as the immediate past-president is a member of the board. When a meeting of the whole is not practical or feasible due to an emergency or urgency of a matter, the executive committee may exercise all powers of the board with respect to the management of the organization's affairs when the board is not meeting, except for electing officers or filling vacancies on the board or any committee of the board.”

“Membership in sauk prairie healthcare is open to all persons residing in the organization's service area and to the organization's current employees and medical staff regardless of place of residence. The organization's service area is from time to time determined by the board. Membership is open to natural persons only. Corporations, partnerships, limited liabilitiy companies, trusts and other entities that are not natural persons are not eligible for membership. Any natural person who pays dues as provided herein shall be a member of the organization and shall be entitled to vote at the annual or any special meeting of the membership. A natural person who contributes by voluntary donation an aggregate of $100.00 to the organization, which shall constitute the dues entitling such person to membership, and is either a resident of the service area, a current employee, or member of the medical staff, shall be a member and such membership shall not terminate as the result of subsequent residence outside of the service area. Monetary contributions to the sauk prairie healthcare foundation, ltd. Shall be applied toward dues for membership.”

“The board of directors shall be elected by the members at the annual meeting of the members.”

“An annual membership shall be entitled to one vote at the annual meeting or at any special meetings of the membership. Members may vote on elections of board members, changes to the bylaws, and other business allowed by law.”

“An annual membership shall be entitled to one vote at the annual meeting or at any special meetings of the membership. Members may vote on elections of board members, changes to the bylaws, and other business allowed by law.”

“The form 990 was reviewed in detail by the director of finance, the cfo, and a discussion was held with the ceo for any new or unusual items. Upon approval, the board of directors received an electronic copy of the form 990 prior to submission with the irs.”

“Since sauk prairie healthcare, inc. Is a part of a small community, conflicts are generally known, if not disclosed through the annual process conducted by human resources. The annual process includes all director level employees and above of the hospital. The board of directors has a conflict of interest policy and must annually sign a disclosure form stating any potential conflicts of interest. The board president then discloses any conflicts of interest to the full board of directors. Conflict of interest statements completed by board members are reviewed by the board president and employee's conflict of interest statements are reviewed by staff leadership and/or administration. These individuals are charged with the responsibility of ensuring that business is conducted in a manner that adheres to the hospital's formally approved conflict of interest policy.”

“The board of directors has established policy bg-8 to define its compensation philosophy for ceo compensation and to outline practices in accordance with irc 4958. Ceo salary is set annually using comparability data provided by an external consultant and third-party survey data. The executive committee is responsible for determining the ceo's salary based on job performance, supported by comparability data developed by the consultant to ensure competitive salary levels. The board reviews policy bg-8 annually through the governance committee. Compensation for other executive employees is established by applying the hospital's compensation philosophy, which compares pay rates to market data obtained through participation in wage and benefit surveys. Pay ranges are based on data from similarly situated hospitals in wisconsin of comparable size and revenue category. Sauk prairie healthcare, inc. Follows a "meet the market" approach, targeting the midpoint of the pay range for each position. The ceo approves compensation for all other officers and executive employees based on these criteria. The process described here was last completed in 2024.”

“The abbreviated financial statements are a part of the hospital's annual report presented to the public at the annual meeting and posted on the hospital's website. The abbreviated financial statements are also made publicly available through the wisconsin hospital association. The hospital's governing documents and conflict of interest policy are made available to the public upon request.”

“Change in interest in net assets of foundation 683,368.”

“No change from prior year.”