Bjc Health System

“The organization prepares draft copies of form 990 and attachments for review by members of management. These draft copies have been reviewed by a independent accounting firm. After resolving any open items, the final draft returns are made available to the board and to two board committees for their review. Questions and comments that arise from the committees or individual board member reviews are addressed in advance of submission to the appropriate taxing authorities.”

“The organization regularly and consistently monitors compliance with the policy by issuing annually a conflict of interest questionnaire reminding covered individuals of their obligations to disclose potential conflicts and requesting that they complete a conflicts of interest questionnaire. The questionnaire requires the disclosure of conflicts and an attestation to their continuing obligation to disclose said conflicts should the need arise. The results of the conflict of interest questionnaire are reviewed by a centralized compliance department and appropriate action taken as necessary. Should the organization become aware of a conflict not previously reported, its general counsel would investigate the issue and respond in accordance with the policy.”

“The compensation and benefit amounts of the organization's officers and top management officials are determined by an independent committee of the board of directors of bjc health system. This committee is comprised of independent persons and uses compensation consulting studies and benchmarking data provided by an independent management consultant to establish compensation amounts and guidelines. The process includes a validation of job descriptions as well as reporting all forms of compensation. The consultant uses survey data to determine market rates of base salary and other short and long term incentives for: the bjc health system ceo and other senior executives. The committee reviews, approves, and subsequently reconciles executive compensation as well as deliberates on the reasonableness of the data. This review is documented in the minutes of the board committee meetings.”

“The organization makes its governing documents, financial statements and conflict of interest policy available for inspection by the general public upon request at the administrative offices.”

“Pursuant to treasury reg section 1.6033-2(d)(5), bjc health system has elected to report information about compensation & other information about officers, directors, trustees, key employees, former employees, certain other highly paid employees, certain professional contractors & certain other contractors on a consolidated basis for all of the members of the group, including the parent organization, on the bjc health system group return ein 75-3052953.”

“Gain or loss from sales of assets other than inventory reflects the net gain on investment earnings as reported to bjc on brokerage statements. Line item detail is not provided in the format requested.”

“Transfers to/from bjc entities -64,672,886. Increase pension liab per actuarial reports 42,314,874. Interest rate swap gain/loss 8,645. Asset released from restrictions 314,635.”