Cheshire Health Services Inc

“The president/ceo is paid by a related organization, therefore line 15a is marked no. However, a related organization has retained yaffe & company, inc. To provide consultation to the executive committee of the related board of trustees regarding executive compensation, benefits, and prerequisites for the president/ceo. Yaffe & company, inc. Is an independent consulting firm with 40 years of experience and provides services to not-for-profit hospitals and health systems. In addition by way of a questionnaire, board members participate in the performance review process and compile a documented summary report. Annually, a multi-tiered approach using independent comparability data is utilized to gauge appropriate comparative market levels of compensation and benefits with the latest review occurring in fy 2023.”

“The coo, cfo, and similar officers are paid by a related organization, therefore line 15b is marked no. However, a related organization has retained yaffe & company, inc. To provide consultation to the executive committee of the related board of trustees regarding executive compensation, benefits, and prerequisites for the officers. Yaffe & company, inc. Is an independent consulting firm with 40 years of experience and provides services to not-for-profit hospitals and health systems. In addition by way of a questionnaire, board members participate in the performance review process and prepare a documented report in conjunction with the president/ceo. Annually, a multi-tiered approach using independent comparability data is utilized to gauge appropriate comparative market levels of compensation and benefits with the latest review occurring in fy 2023.”

“The sole member of Cheshire Health Services, Inc. was the Cheshire Medical Center, a New Hampshire not-for-profit corporation. The member has the exclusive power and authority to elect and remove trustees (other than the ex-officio trustees), and the member has the power to fill vacancies on the board.”

“The sole member of cheshire health services, inc. Was the cheshire medical center, a new hampshire not-for-profit corporation . The member has the exclusive power and authority to elect and remove trustees (other than the ex-officio trustees), and the member had the power to fill vacancies on the board.”

“In addition to the appointment and removal of trustees, the sole member had the following governance powers and rights: - approve annual operating and capital budgets; - approve any capital expenditures not reflected in an approved capital budget; - approve the borrowing of, or incurrence of debt, in any amount other than debt incurred in the ordinary course of business; - approve of the creation, acquisition or disposal of any subsidiary or affiliated corporation, or the entering into of any joint venture or other partnership, - approve any voluntary dissolution, the revocation of such dissolution, plan of merger or consolidation of the corporation or any subsidiary thereof, and the sale or disposition of all or substantially all of the property and assets of the corporation or any subsidiary thereof other than in the usual course of business; - amend or restate the articles and amend or repeal these bylaws and adopt new bylaws; - exclusive power and authority to make changes to the philosophy and mission of the filing organization.”

“There were no committees empowered to act on the behalf of the governing body.”

“The form 990 is reviewed by external tax advisors and the cfo before the filing of the return. Once the return has been fully prepared, a final 990 is sent to each board member and time is allocated for comments and responses prior to the official filing of of the forms.”

“Cheshire health service's board of trustees approved a policy concerning a voluntary self-disclosure of any potential conflict of interest. The dartmouth-hitchcock compliance and audit services department conducts an annual survey of all officers and trustees and performs other procedures as considered necessary to report on compliance with the conflict of interest policy. The department then reports to each board any potential conflicts for their review. Per the policy, any conflicts or otherwise perceived conflicts are required to be addressed by the board of trusteees on an ongoing basis. In the event a conflict arises, the individual may be removed from participating in any decision-making regarding the identified conflict and/or its corresponding transactions. If the board or committee has reasonable cause to believe that an interested person has failed to disclose actual or possible conflicts of interest, it shall inform such person on the basis of such belief and afford him/her an opportunity to explain the alleged failure to disclose. If, after hearing the response of the interested person and making such further investigation as may be warranted in the circumstances, the board or committee determines that such person has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“Cheshire health services makes governing documents, conflict of interest policy, and financial statements available to members of the public upon request.”

“Cheshire health services seeks to improve the quality of and access to medical care to the people of keene, nh and the surrounding community by providing low cost medical services, available on a walk-in basis. Medical care services are provided regardless of an individual's ability to pay.”

“The board of trustees of Cheshire Health Services approved and adopted a voluntary plan of dissolution during this fiscal year.”

“Net Fund Asset Transfer - -33444;”

“Cheshire health services does not delegate any oversight of the audit to a subcommittee. The full board reviews and approves all information and financial statements. The organization is included in the audit and consolidated financial statements of its parent organization, dartmouth-hitchcock health.”

“Cheshire health services was included in the consolidated audited financial statements of the dartmouth-hitchcock health system during fiscal year 2022. Mary hitchcock memorial hospital received federal funding which met the minimum threshold set forth in the single audit act and 0mb circular a-133. Due to the nature of the consolidated financial statements, the audit was performed on the financial information of all organizations, including chs.”