Aspirus Inc.

“The accounting department accumulates all 990 and 990-t information, including the ubit calculations. These documents are reviewed by the cfo. The 990 and the 990-t are reviewed by other senior management prior to submission to the internal revenue service and are made available to the board of directors through director's desk or other means of electronic retrieval.”

“Board members and key employees are required to sign annual conflict of interest statements and all managers are required to sign biannual conflict of interest statements. The organization's ceo and board chair review the statements and highlight potential conflicts. The board determines on a case by case basis if any actions are required. Individuals are not permitted to vote on any transaction where a conflict has been determined to exist. All conflicts and proceedings are documented in the meeting minutes.”

“For purposes of determining compensation, aspirus, inc. Relied on related organizations to establish the compensation of the ceo, other officers, and key employees. The related organizations used the following practices for estabishing compensation for such individuals: compensation committee, independent compensation consultant, wriitten employment contract, compensation survey or study, and approval by the board or compensation committee.”

“The organization does not make its governing documents, conflict of interest policy, nor its financial statements available to the public.”

“Some officers, directors, and key employees also provided service to other related organizations other than aspirus, inc. These hours are reflected in line 2 of column b.”

“Corporate allocations: program service expenses 0. Management and general expenses 2,498,129. Fundraising expenses 0. Total expenses 2,498,129.”

“Equity change in investment in memorial health center 5,418,339. Equity change in investment in langlade hospital 8,808,162. Equity change in investment in aspirus keweenaw hosptial 1,285,548. Non controlling interest in aspirus grand view 796,829. Change in equity of unconsolidated affiliates -77,974. Equity change in investment in aspirus wvhn 70,548. Equity change in investment in aspirus extended services, inc. -591,593. Equity change in investment in vna home health, inc. And subsidiary -115,923. Acquisition of aspirus riverview hospital & clinics -90,266,000. Equity transfer from awh - related to acquisition of riverview 102,000,000. Gain on acquisition of aspirus riverview 35,266,000. Acquisition of aspirus northstar -9,828,042. Post retirement healthcare benefit adjustment -402,322.”

“The audit committee of the board of directors of aspirus, inc., the parent organization, assumes the responsibility for the oversight of the consolidated audit of the financial statements and selection of the independent acdcountant. There was no change in this process in the past year.”