St Francis Regional Medical Center

“St. Francis regional medical center (st. Francis) has three members, each of which is a minnesota nonprofit corporation and 501(c)(3) organization. Pursuant to a joint membership agreement, essentia health, allina health system, and park nicollet health services are joint members of st. Francis. Allina health system has the authority and responsibility for the operations and maintenance of st. Francis. The joint members have certain joint reserved powers. Allina health system and essentia health have certain exclusive reserved powers relating to the governance of st. Francis. The reserved and joint powers are fully described in st. Francis' governing documents. As of december 1, 2022, hpi-ramsey transferred its membership interest in st. Francis regional medical center to park nicollet health services.”

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“The st. Francis regional medical center ("st. Francis") form 990 was prepared by the tax services function of allina health system ("allina"), a joint member organization. The form 990 filing was subjected to a rigorous review process by allina's tax manager and tax director. Allina's chief financial officer also performed an executive review of the form 990. After the management review process described above was completed, the final form 990, as ultimately filed with the internal revenue service ["irs"], was provided to each voting member of st. Francis' board of directors. The st. Francis board of directors reviewed the form 990 and authorized and approved the filing of the form 990 and the minnesota charitable trust annual report. The board of directors resolution also directed officers to file the form 990 with the irs and the charitable trust annual report with the charities division of the office of the minnesota attorney general. The above stated review and approval process occurred prior to filing the st. Francis form 990 with the irs and minnesota charitable trust annual report with the minnesota attorney general.”

“The organization has several methods of monitoring and enforcing compliance with its conflict of interest policy. First, the organization regularly distributes conflict of interest disclosure questionnaires to its officers, directors, trustees, and key employees. These individuals are required to disclose annually any interest that could give rise to conflicts, including any family or business relationship. Second, the general counsel's office annually delivers a report to allina's board of directors which includes, among other things, the results of the conflict of interest questionnaire, an analysis of potential conflicts, and guidance for satisfactorily resolving conflicts. Third, the organization undertakes mandatory compliance training of all its employees which includes training on conflicts of interest. Fourth, all employees receive, and are expected to conduct themselves in accordance with, allina's code of conduct. The code of conduct contains educational materials and guidance to resolve potential conflicts of interest. Fifth, allina maintains a corporate integrity hotline, a confidential 24 hour external resource to help answer questions related to ethical business conduct. All calls to the integrity line are kept confidential.”

“St. Francis regional medical center (st. Francis) has no employees of its own but rather allina health system, a joint member organization, provides the staffing. Therefore, st.francis' compensation and benefits programs are vested in and administered in conjunction with allina health system. The compensation committee of the allina health system board of directors is responsible for all compensation and benefits program elements for non-collectively bargained allina health system executive employees including those at st. Francis. Allina health system uses a process for determining compensation for the allina health system chief executive officer, and certain other officers and key employees that included all of the following elements: - review and approval by the human resources and compensation committee of the board of directors, the members of which are independent and without a conflict of interest as defined in regulation section 53.4958-6(c)(1)(iii). - engagement of an independent compensation consultant specializing in executive compensation. - use of data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. - contemporaneous documentation, substantiation and recordkeeping with respect to deliberations and decisions regarding the compensation arrangement. The above described process and an assessment is performed at least annually for the following positions: chief executive officer, president and chief operating officer; evp chief financial officer, evp chief human resources and administrative officer; svp operations/president iii; svp chief marketing officer; svp chief compliance officer; svp chief strategy and growth officer; svp chief medical officer; svp general counsel; svp chief information and improvement officer. In addition, the compensation committee reviews and recommends changes to the board of directors for the allina health system chief executive officer and reviews and approves all compensation changes of the other fore mentioned positions listed in advance of the change.”

“St. Francis regional medical center makes its form 990, form 1023, governing documents, conflict of interest policy, and financial statements available to the public upon request. To arrange an inspection or receive a copy, please contact the following: st. Francis regional medical center tax services mail route 10890 p.o. Box 43 minneapolis, mn 55407-0043 telephone: 612-262-0660 physical address: 2925 chicago avenue minneapolis, mn 55407-1321 the form 990 and form 1023 are also available directly from the internal revenue service. The form 990 is also available from the charities division of the office of the minnesota attorney general. The financial statements are also available from electronic municipal market access and on their website at http://emma.msrb.org.”

“St. Francis regional medical center does not issue payments to vendors and suppliers but rather allina health system, a joint member organization, provides payments to vendors and suppliers. The number reported on form 990, part v, line 1a is the number reported on allina health system's form 1096 box 3 related to payments made on behalf of st. Francis regional medical center by allina.”

“Contribution, expense and grant foundation transfer -1,283,645.”

“This process remains unchanged from prior year.”