Perry County Health System

“Board members are provided a copy of the form 990 for their review before the return is filed.”

“Each officer, director, and key employee is given a questionnaire that includes asking them to disclose any applicable conflicts of interest. This is done on an annual basis and enforcement is done on a per incident basis, with all aspects of the conflict taken into consideration.”

“Compensation process for top officials - industry comparability data is made available to the board of directors. An executive session is held to determine and approve all top management compensation. This is performed on an annual basis. Compensation process for officers and key employees - the ceo performs an annual salary evaluation of officers and key employees. Using industry comparibility data and an annual review, the ceo recommends salary for officers and key employees.”

“This organization makes its irs form 1023, 990 and 990-t available for public inspection upon request. This organization also relies on the web-site www.guidestar.org to make readily available its tax returns to the public.”

“Governing documents, conflict of interest policy, and the financial statements are available to the public upon request.”

“Record cash purchases from mercy -3,720. Record prepaid purchases from mercy -15,775. Record pto purchases from mercy 1,621,194. Record inventory purchases from mercy -1,858,205. Remove property, plant and equipemtn from balance sheet -31,828,779. Wire transfers -13,384,011. Bom ics activity -4,118,537.”

“In 1998, the board of trustees of perry county memorial hospital (board of trustees) entered into an agreement with perry county health system (pchs), whereby all assets, liabilities and operations were transferred to pchs (the 1998 agreement). On march 2, 2023, the pchs board of directors passed a resolution to terminate the 1998 agreement effective october 1, 2023. On september 30, 2023, the board of trustees and pchs entered into a lease termination agreement noting that the 1998 agreement is terminated effective october 1, 2023. This early termination of the 1998 agreement was predicated on a new lease with mercy health east communities. The audit report attached to this 990 is for the period ending september 30, 2023 and reflects pchs's hospital activity up to that date, which is the lease termination date.”