West Holt Memorial Hospital

“West holt memorial hospital shall have one class of member, consisting of forty individuals, or fewer if there are less than 40 qualified individuals willing to serve. Members must be citizens of the united states, residents of holt county, nebraska or an adjoining county, and have attained the age of majority.”

“The members of west holt memorial hospital have the power to elect and remove individuals to membership, elect the directors of the board of directors, and make recommendations to the board on other matters. Each member shall have one vote on each matter submitted to a vote of the members.”

“There are no committees with authority to act on behalf of the board of directors.”

“The board of directors will be provided the form 990 prior to filing. The ceo and cfo will review the form 990 prior to submission to the irs.”

“Following the election of the board of directors, each member is required to sign the conflict of interest policy and refrain from those situations that may cause non-compliance. Any duality of interest or potential conflict of interest on the part of any officer, director, committee member, or key employee should be disclosed to the board of directors and made a matter of record whenever it arises, or whenever it involves a matter of board action. Any officer, director, committee member, or key employee having a duality of interest or a possible conflict of interest in any matter should not vote or use his or her personal influence on the matter.”

“The ceo's compensation is determined by the board of directors, human resource director, and cfo. Final determination and approval is made by the board of directors. Comparability data is used by contacting compdata consulting and the nebraska hospital association for salary ranges. The compensation review is completed on an annual basis and documented in the ceo's personnel file and the decision and vote in the board minutes. The last review was completed july 1st, 2025. The cfo's compensation is determined by the ceo and human resource director. Comparability data is used by contacting compdata consulting and the nebraska hospital association for salary ranges. The compensation review is completed on an annual basis and documented in the cfo's personnel file. The last review was completed in july 1st, 2025.”

“The public is welcome to come to the facility to view the governing documents, conflict of interest policy or financial statements at anytime.”

“Machine service fees: program service expenses 763,214. Management and general expenses 194,597. Fundraising expenses 1,874. Total expenses 959,685. Anesthesiology fees: program service expenses 128,915. Management and general expenses 0. Fundraising expenses 0. Total expenses 128,915. Emergency room coverage fees: program service expenses 434,810. Management and general expenses 0. Fundraising expenses 0. Total expenses 434,810. Other fees for service: program service expenses 663,799. Management and general expenses 170,320. Fundraising expenses 0. Total expenses 834,119. Lab fees: program service expenses 168,457. Management and general expenses 0. Fundraising expenses 0. Total expenses 168,457. Nursing fees: program service expenses 1,044,791. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,044,791.”

“Change in beneficial interest in trusts 17,364.”

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