Hmts Inc.

“Members or stockholders the sole member of the organization is hoag memorial hospital presbyterian, a related tax-exempt organization.”

“Power to elect or appoint members the organizations member elects the directors of hmts, inc.”

“Decisions reserved for members or stockholders the organizations member must approve the following: a) changes to the articles of incorporation; b) changes or amendments to the bylaws; c) appointment and removal of directors; d) removal of officers; e) any change in the fundamental nature of the foundation; f) disposition of all or substantially all of the foundation's assets; g) any merger, consolidation or similar reorganization of the corporate structure, or dissolution, of the foundation.”

“Process used to review the 990 the organization's board of directors review the form 990 prior to issuance. Management, including an officer of the organization, prepares and reviews the form 990 with assistance from external experts hired by management. The board is provided with a draft form 990 and is provided ample time to read the document and develop questions. The board then convenes prior to the issuance of the form 990 to review and discuss the draft form 990 with management. An electronic version of the form 990 is distributed to all board members prior to filing.”

“Monitoring & enforcement of compliance with coi policy the organization has a comprehensive conflict of interest policy. Officers and trustees are required to disclose the existence and nature of any actual, apparent or potential conflicts of interest he/she may have that might result in or have the appearance of a conflict in connection with that individual satisfying their fiduciary obligations to the organization. Disclosures shall be made promptly any time an actual, apparent or potential conflict of interest arises and before consummation of any contract or transaction. Officers and directors are required to complete an annual conflict of interest questionnaire. Individual transactions that occur between the annual questionnaires are reviewed by the legal and compliance officers of the organization's parent for potential conflict of interest. Any director who has a conflict of interest with respect to a proposed contract, transaction or arrangement shall refrain from voting on any matter relating to the contract, transaction or arrangement, or be excused from any meeting where the proposed contract is discussed.”

“Process for determining compensation: the organization's chief executive officer and other officers are paid by hoag memorial hospital presbyterian, and are disclosed as persons paid by a related organization during tax year ending 6-30-17. The compensation of the officers are reviewed and approved by the compensation committee of hoag's board of directors, comprised solely of independent directors. The compensation committee receives a study performed by an independent consulting firm that reviews levels of compensation at comparable organizations for comparable positions when setting compensation of the officers and key employees. This process of using comparable data to establish levels of compensation has been in place in excess of 37 years. The compensation committee documents that the compensation is reasonable in its board minutes during executive session. This process was last completed in 2016. In addition, the independent consulting firm provides the board with an opinion letter each year certifying that the compensation program and all pay elements (total remuneration) approved by the board are deemed reasonable in compliance with irc section 4958.”

“Process for making documents available to the public hoag's code of conduct is posted on its public website (http://www.hoag.org/documents/codeofconduct0316_1.pdf). The code of conduct provides readers with an understandable review of the code of conduct that must be adhered to by all employees, directors, and vendors. The organization makes its governing documents available upon request.”

“Organizations mission the primary purposes of the corporation are to support, benefit and further the charitable, scientific and educational purposes of hmhp by establishing, operating, and maintaining multi-specialty medical clinics for the provisions of healthcare services in california, pursuant to the provisions of section 1206(1) of the california health and safety code, and by engaging in, sponsoring, advancing, encouraging and promoting charitable healthcare, education and medical research activities.”

“Program service accomplishments hmts, inc. (hmts) carries out charitable healthcare functions, for the benefit of hoag memorial hospital presbyterian, by providing space, facilities, personnel and other administrative and management services to its affiliate, st. Joseph heritage healthcare ("heritage"). It chiefly services certain multi-specialty medical clinics known as the hoag division medical practice foundation clinics (the "hoag division clinics"). The hoag division clinics are the result of collaboration between st. Joseph heritage healthcare and hmts' sole corporate member and supported organization, hoag memorial hospital presbyterian (hoag). Form 990, part iv, lines 11f and 12b & part xii, line 2b hmts, inc. (hmts) was included in consolidated, independent audited financial statements for providence st. Joseph health for the period ended december 31, 2017. As such, audited financial statements were not prepared for the tax year ended june 30, 2017. The reporting organization will change its tax year end to december 31 for 2017.”

“W-2s hoag memorial hospital presbyterian (hmhp) pays all employees of hmts, inc. And therefore issues all w-2s.”

“Other changes in net assets equity transfer $24,602,366”