Shenandoah Medical Center

“There is no committee with the authority to act on behalf of the governing body.”

“The form 990 is reviewed by the ceo, cfo, and governing board prior to filing with the irs.”

“The organization's conflict of interest policy is enforced by the ceo and compliance officer. All board members and executives are required to disclose any conflicts of interest that are presented. On an annual basis, a summary of all conflicts identified during the year are presented to the board of directors for review as part of the annual compliance summary. When a conflict of interest is identified, the individual possessing the conflict is not allowed to provide input on the subject and is required to abstain from any related voting.”

“The compensation of the organization's ceo was reviewed and authorized by the board of directors. Smc also utilitizes the iowa hospital association salary survey data to appropriately set compensation for its officers and key employees. Additionally, salary survey data obtained from mgma and merritt hawkins is used to evaluate the compensation of all providers. The cfo compensation is reviewed and evaluated by smc's normal compensation practices. These practices take into account the level of experience and the iha compensation data released each october through use of their salary survey.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available for public inspection upon request.”

“Lab fees: program service expenses 172,591. Management and general expenses 0. Fundraising expenses 0. Total expenses 172,591. Contract labor: program service expenses 2,401,325. Management and general expenses 124,490. Fundraising expenses 0. Total expenses 2,525,815. Purchased services: program service expenses 2,496,821. Management and general expenses 542,328. Fundraising expenses 0. Total expenses 3,039,149. Professional fees: program service expenses 2,189,091. Management and general expenses 314,790. Fundraising expenses 0. Total expenses 2,503,881. Consulting fees: program service expenses 19,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,500.”

“Change in perpetual trust 741,452.”

“The board of directors assumes the responsibility for oversight of the audit of smc's financial statements and the selection of an independent accountant. This process has not changed from the prior year.”