Christiana Care Health Services Inc

“Governing body and management christiana care health system, inc. ("system"), a tax-exempt organization, is the sole member of christiana care health services, inc. ("cchs"). The system board elects directors of cchs at its annual meeting. The annual operating budget of cchs is approved by the cchs board, the system finance committee, and the system board. --------------------”

“Form 990 review process information related to christiana care's form 990 filing is gathered by finance staff and provided to pwc us tax llp for review. The final 2023 form 990 for the fiscal year ending june 30, 2024 was reviewed and approved by various senior management officials. The organization's governing board was also provided access to the approved 2023 form 990 via its board of director's portal. --------------------”

“Conflict of interest policy our conflict of interest ("coi") policy is located in the caregiver resource center on the employee portal. There is an annual mandatory education for managers which includes an electronic sign off acknowledging completion of the education, reporting of a real or perceived conflict or that no conflicts of interest exists. The hr/employee relations team follows up with anyone who has a conflict or perceived conflict or does not complete the education in order to resolve. Several reporting mechanisms also exist for employees to report concerns. The board of directors has their own coi policy. Coi is a standing agenda item on each board or board committee meeting. Board members expectations for coi are clearly communicated. --------------------”

“Compensation review and approval process the board of directors of christiana care health system, inc. ("system"), the sole member of christiana care health services, inc. ("cchs") establishes cchs's competitive total compensation policy and practice. The executive compensation committee ("ecc") of the system board engages an independent third party annually who assesses data from several major surveys to ensure total remuneration is market competitive and qualifies for the "rebuttable presumption of reasonableness" under the intermediate sanctions rule, section 4958 of the internal revenue code. After deliberation, the ecc documents their decisions in meeting minutes. --------------------”

“Joint venture arrangements although the organization does not have a written policy in place regarding participation in joint venture relationships, when any such relationships are considered, they are first reviewed and evaluated by management officials in conjunction with pwc us tax llp --------------------”

“Governance, management, & disclosure the governing documents, audited financial statements, and conflict of interest policy are available to the public upon request. --------------------”

“Balance sheet certain prior year balances have been restated to conform to the current year presentation. --------------------”

“Detail of other changes in net assets change in pension and post retirement liabilities $ (29,308,906) change in net asset of system 261,007 other changes (159,231,462) ----------- total $ (188,279,361)”