St. Croix Valley Shared Services Inc.

“Baldwin area medical center, inc. And st. Croix regional medical center have ownership interests of 81.38% and 18.62%, respectively, in the company. They have the exclusive powers and rights to: adopt, approve, restate, revise, or amend the articles of the corporation; to approve borrowing or lending of funds in excess of $200,000; to approve or adopt any change in the stated purposes or fundamental nature for which the corporation is organized; to adopt, amend, or repeal any plan of dissolution, consolidation, or merger of the corporation; and to approve any sale or lease of all or substantially all of the assets of the corporation.”

“The sponsors, baldwin area medical center, inc. And st. Croix regional medical center, appoint the members of the governing body.”

“See explanation for form 990, part vi, line 6 and line 7a.”

“The form 990 is prepared by an independent accounting firm and reviewed by adoray's management. The form 990 is provided to the board members for review and approval prior to submission.”

“On an annual basis, the board members, president, and cfo complete a conflict of interest questionnaire that includes name, title, date, and signature of each person reporting information. Any board members with known conflicts are asked to abstain from voting on those conflicting items.”

“For the president, the chairperson of the board performs the review after obtaining input from other board members. Generally, the comparable wages for that position are obtained, a list of goals is reviewed, and a new list of goals for the coming year is established. The president's wage increase is based on the comparable wage data and how the organization has met its goals. The president's wage increase is approved by the board of directors. For key employees, the president obtains a wage survey from the national association of home care and hospice. The president and the human resources director develop a range of wages for each position within the organization. The president completes a performance evaluation for each director and, based on the evaluation, the director receives a score. The director's increases are then based on how they score and where their wage is in the range. The board approves the full budget which includes wage increases.”

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

“The board of directors has responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This oversight has remained unchanged from the prior year.”