St. Cloud Hospital

“Marryn jolkovsky & richard jolkovsky - family relationship (married)”

“The corporate members of st. Cloud hospital are two representatives of the sisters of the order of saint benedict, two representatives of the diocese of st. Cloud, and four other corporate members appointed by the four representatives. The corporate members serve as representatives of the local catholic church of saint cloud.”

“The centracare health (cch) board appoints the st. Cloud hospital (sch) board based on recommendation of the sch joint nomination committee.”

“In addition to appointing the st. Cloud hospital board, the members approve amendments to the articles of incorporation, approve dissolution of the hospital, and support and assess the hospital's roman catholic identity and missions.”

“Management reviews the 990 tax return regularly during the preparation process, they field questions from staff and manage deadlines which must be met. They are also actively involved with the third party firm who assists in the final compilation of the report. Once a completed 990 report has been produced, annually at the board's april meeting, prior to filing, the full board has an opportunity to review the irs form 990 with the staff, to ask questions and seek clarifications, and to approve the final document.”

“The board members are required to review and sign a conflict of interest questionnaire twice a year. All staff sign conflicts of interest forms on an annual basis. The questionnaires are reviewed by the corporate compliance officer as well as the corporate compliance group (a compliance committee which includes internal members and outside counsel). The responses to the questionnaires are then reviewed with the executive committee of the board. The corporate compliance officer is responsible for monitoring conflicts of interests related to board and staff and to alert affected parties when a conflict arises. When an actual conflict arises, the affected party is asked to recuse him/her self from the decision making process. The corporate compliance officer attends board meetings and specified board committee meetings where conflict issues may arise.”

“The compensation and benefits of the presidents (non-medical providers) are subject to full compensation and benefits comparability studies conducted biennially by a third party independent compensation consultant. However, the compensation portion of the study is reviewed annually by the consultant and updated for compensation committee and board of directors review and approval. The most recent full review was done in may 2017. The third party independent compensation consultant is retained by st. Cloud hospital to perform services. Line 15b: the compensation and benefits of the vice presidents (non-medical providers) are also paid by a related organization and subject to full compensation and benefits comparability studies conducted biennially by a third party independent compensation consultant. However, the compensation portion of the study is reviewed annually by the consultant and updated for compensation committee and board of directors review and approval. The most recent full review was done in may 2017. The third party independent compensation consultant is retained by st. Cloud hospital to perform these services.”

“The hospital/centracare health system does not generally make its governing documents or conflict of interest policy available to the public. The hospital/centracare health system does release an annual report to the community in which financial results are reported to and discussed with the public. This report is available to the public on the organization's website.”

“Adjustments to funded status of pension plan 9,236,759. Other changes in unrestricted net assets 5,235,378. Net equity transfers to affiliated organizations -95,564,918. Elimination entries 76.”