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. The form 990 was prepared based on information received from various departments of the organization including the accounting team, human resources, corporate compliance and governance. The organization engaged an outside accounting firm to prepare the return. The return has been reviewed by management, including an officer of the organization. The board is provided with a draft form 990 and is provided ample time to read the document and develop questions. 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 12-31-22. 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 39 years. The compensation committee documents that the compensation is reasonable in its board minutes during executive session. This process was last completed in 2022. 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/codeofconduct1018_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. In 2019, hmts begun an operational transformation period, whereby a significant portion of the existing operations and associated assets were transitioned to hoag clinic, a wholly-owned exempt support organization of hoag memorial hospital presbyterian. Hmts officers and board members are in the process of defining the next phase of hmts operations, which will be in line with the organization's underlying purpose which is to support, benefit and further the charitable, scientific and educational purposes of hoag memorial hospital presbyterian.”

“Program service accomplishments hmts, inc. (hmts) was organized to carry out charitable healthcare functions, for the benefit of hoag memorial hospital presbyterian. In 2019, hmts begun an operational transformation period, whereby a significant portion of the existing operations and associated assets were transitioned to hoag clinic, a wholly-owned exempt support organization of hoag memorial hospital presbyterian. Hmts officers and board members are in the process of defining the next phase of hmts operations, which will be in line with the organization's underlying purpose which is to support, benefit and further the charitable, scientific and educational purposes of hoag memorial hospital presbyterian.”

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