Effingham Hospital Inc.

“The cfo, mike scribner, is provided by and compensated by strategic healthcare partners (shp), an unrelated organization. His services to the organization are that of chief financial officer with all the responsibilities of one in that position for like organizations within the industry. The filing organization compensated shp 61,874 in the calendar year 2016 for mike scribner's services.”

“The members of the board of directors of the hospital shall at all times be the members of the hospital authority of effingham county (authority) board and terms of the office of the members of the board of directors shall be coterminous with the terms of office of the authority board members. Authority board of directors are appointed/nominated by the board of commissioners of effingham county, georgia (county).”

“The board is appointed/nominated by the board of county commissioners of effingham county, georgia. Debt that will be guaranteed by the county cannot be issued without the county's approval.”

“The organization's ceo, and cfo review the form 990 for financial and disclosure accuracy. Prior to its filing, a copy of the organization's 990 return is distributed to current voting board members during a special called meeting.”

“The corporation expects and demands ethical conduct and compliance with all laws by its employees, officers, directors, and other agents. Each director, principal officer, and member of a committee with board- delegated powers shall annually sign a conflict of interest statement. In connection with any actual or possible conflict of interest, an interested person must disclose to the board or committee designated by the board the existence of his or her potential conflict. The interested person must be given the opportunity to disclose all material facts to the board or committee with board delegated powers considering or involved with the current or proposed transaction, business relationship, or arrangement. Whether a conflict exists or does not exist shall be determined by a majority of the board's or committee's disinterested members. If the board or committee decides that a conflict of interest exists, the interested person shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that caused the conflict of interest.”

“Ceo compensation was determined via a third party review initiated by the board of directors and legal counsel.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public when the request is made at the administrative office of the filing corporation.”

“On november 1, 2016, pursuant to a lease and transfer agreement, the authority implemented a reorganization plan to lease its facilities and transfer its operating assets, as defined in the agreement, to effingham hospital, inc., a nonprofit corporation. Effingham hospital, inc. Shares the same board of directors as the authority. Effingham hospital inc. (eh) applied for and was granted 501(c)(3) status effective december 2015. For fye 6/30/16, eh filed a form 990-n, the electronic postcard, since operations began for the newly formed organization within fye 6/30/17.”

“Contract labor 97,654 0 0 professional fees 1,295,538 84,328 0 purchased services 2,207,657 1,457,439 0 consulting services 12,336 249,190 0 total 3,613,185 1,790,957 0”

“Equity transfer 23,742,695 net change in net assets is the result of various noncash transactions as detailed above. On november 1, 2016, pursuant to a lease and transfer agreement, the authority implemented a reorganization plan to lease its facilities and transfer its operating assets, as defined in the agreement, to effingham hospital, inc., a nonprofit corporation. The previous accumulated net assets was transferred to the new organization by means of a permanent equity transfer.”