Hays Medical Center Inc

“The Form 990 is prepared and reviewed by an independent accounting firm. It is then reviewed by the organization's officers and accounting personnel. Their questions and concerns are addressed and either corrected or clarified in the Form 990. The final Form 990 is then provided to the board for review prior to filing.”

“Officers, directors & key employees, along with all associates, are required to complete a conflict of interest statement annually. The statements are reviewed by the Board, the Compliance Officer, and Governance Director, as well. When conflict of interest issues arise during a Board meeting, the board members with the conflict are asked to remove themselves from discussion or from the room entirely. They are not allowed to vote on that particular issue.”

“The CEO's, officers', and key employees' salaries are reviewed annually by an independent consulting group and the Compensation Committee, which is made up of members of the Board. They base the review on salary comparisons obtained by the consulting group from peer hospitals in similiar geographic regions. The last review was conducted in January 2024.”

“These documents are not made available to the public.”

“Contract labor: Program service expenses 9,683,933. Management and general expenses 733,610. Fundraising expenses 2,535. Total expenses 10,420,078. Medical provider fees: Program service expenses 11,327,734. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,327,734. Laboratory services: Program service expenses 5,533,331. Management and general expenses 0. Fundraising expenses 1,448. Total expenses 5,534,779. Consulting services: Program service expenses 11,377. Management and general expenses 3,706,333. Fundraising expenses 3. Total expenses 3,717,713. Recruiting fees: Program service expenses 79,586. Management and general expenses 644. Fundraising expenses 21. Total expenses 80,251. Other non-provider medical professional fees: Program service expenses 3,318,219. Management and general expenses 60,370. Fundraising expenses 3,833. Total expenses 3,382,422. Collection and billing fees: Program service expenses 0. Management and general expenses 797,158. Fundraising expenses 0. Total expenses 797,158. Other purchased services: Program service expenses 1,594,344. Management and general expenses 2,270,497. Fundraising expenses 677. Total expenses 3,865,518.”

“Change in beneficial interest in foundations 1,815,000.”