Providence Health System - So California

“Description of classes of members or stockholders providence health & services is the sole corporate member of providence health system - southern california.”

“Description of classes of persons and the nature of their rights providence health system - southern california has a tiered governance in which the corporate members reserve the right to appoint directors to the providence health system - southern california board. All director nominations that come from the providence health system - southern california board as nominations must be approved by providence health & services, as the corporate member.”

“Classes of persons, decisions requiring approval and type of voting rights the following powers reside with the corporate member: 1) to adopt or change the mission, philosophy, and values, including the strategic plan and mission statement. 2) to amend or repeal the articles of incorporation or bylaws. 3) to approve the acquisition of assets, the incurrence of indebtedness or the lease, sale transfer, assignment or encumbering of assets exceeding a specified threshold, or the sale or transfer of any property which may have historical or religious significance. 4) to approve the dissolution or liquidation. 5) to approve the annual operating and capital budgets. 6) to appoint the certified public accountants. 7) to approve the closure of any institution or major entity or work of the corporation.”

“Process to review form 990 the form 990 was prepared based on information received from various departments of the organization including the finance team, human resources, payroll, compliance and the general counsel's office. The organization engaged an outside accounting firm to prepare the return. The return has been reviewed by an officer of the organization. A full copy of the form 990 was provided to all board members prior to filing with the irs. The audit committee of the parent organization is provided an annual update on the tax reporting process and key disclosures.”

“Process to monitor transactions for conflicts of interest providence takes the issue of conflicts of interest, and independent unconflicted decision-making, very seriously. Providence has a comprehensive conflict of interest policy and interest disclosure policy, and carefully and thoroughly administers these policies. Board members, sponsors, senior leaders and key employees are required to disclose any actual or potential conflict of interest in accordance with the providence conflict of interest policy, and so that the individual satisfies his or her fiduciary obligations to the organization. Disclosures are made annually, as well as any time an actual or potential conflict of interest arises. Providence chief legal officer and/or the providence chief risk officer, review all disclosures. Where appropriate, the ceo and/or the board chair will review conflict of interest situations that involve senior leadership or a board member other than the chair. Providence chief legal officer and/or chief risk officer review matters where conflict is difficult or cannot be readily resolved and present recommendations to the appropriate board committee or the ceo, for discussion and resolution. When appropriate, the individual with the real/potential conflict that is being reviewed may participate in the discussion but is excused from the meeting, and from any final discussion and vote, when a decision is being made on whether a conflict exists, or when the action giving rise to the conflict of interest is decided. Where appropriate, the chief risk officer or chief legal officer will provide plan to manage conflicts and avoid participation by the conflicted individual in the matter giving rise to the conflict of interest. Auditing and monitoring of this process is done regularly. All documentation of conflict of interest disclosures is retained in accordance with organization retention policy.”

“Process for determining compensation the organization's chief executive officer/president/executive director is paid by its tax exempt parent, providence st. Joseph health, and is disclosed as a person paid by a related organization. It is providence's intention to make financial information accessible and transparent. Although the filing of form 990 provides insight into how providence achieves its mission, delivers its programs and stewards its finances, deciphering the information directly from form 990 can be challenging. The following paragraphs provide further information about the process we use to determine compensation for top management, officers and key employees. Providence has a single fiduciary board, with responsibility for financial oversight associated with fulfillment of the providence mission, developing system policies, protecting the assets entrusted to the organization and overseeing the strategic and operational affairs of providence's legal entities. Providence also maintains a network of community entity boards with responsibility for quality of care oversight, community relations, advocacy and community needs assessments. Providence has a consistent compensation philosophy for all of its senior executives, including all officers. Salaries for senior executives are reviewed at least annually by the executive compensation committee, which is a committee of the providence board consisting only of outside, independent directors. The committee makes sure, at each of its meetings, that no member of the committee has a conflict of interest as to any executive whose compensation is reviewed by the committee. The executive compensation committee retains an independent consultant each year to review salaries of those in the most significant leadership roles in the organization. Part of the consultant's role is to review an extensive array of compensation surveys of large, not-for-profit health care systems in the united states. Providence is one of the larger health systems in the country, and as such, the board benchmarks executive compensation against other large, not-for-profit health systems that are substantially similar to providence in size and complexity (such as having a similar amount of annual net revenue). Additionally, because providence often looks to general industry for leaders in certain functional areas, providence also takes into consideration general industry market data in these special situations. Base salaries for providence executives are generally targeted to the "median" level of the market data (where half the salaries in the data are lower and half the salaries in the data are higher), as identified by the independent consultant and reviewed with the executive compensation committee. The president/ceo utilizes the market information provided by the consultant along with formal performance evaluations, to determine salary recommendations for other senior executives. This process includes a rigorous analysis of those recommendations with the executive compensation committee as a part of the review and approval process. Total compensation is tied closely to performance of the organization and the individual. Performance incentives allow executives to earn additional compensation if they help lead providence in achieving specific organizational goals for furthering providence's operating commitments and strategic objectives. The board of directors conducts a thorough review process to ensure performance incentives are aligned with appropriate market practices. The board's process for setting, reviewing and approving executive compensation fully complies with irs standards (to assure that all compensation is considered reasonable) and reflects best governance practices in the industry. The process was last completed in 2020.”

“The organization makes its governing documents and conflict of interest policy available to the public upon request. The providence community benefit reports, financial reports, consolidated audited financial statements, and philanthropy reports are also available on the providence internet site.”

“As members of the religious community, each sister has taken a vow of poverty as a compulsory part of her religious life. Any compensation for services of a sister inures only for the benefit of the community, not the individual members. All payments for services are made directly to the religious community.”

“* for more than 86 years, providence little company of mary medical center san pedro has provided the south bay community with clinically excellent and compassionate healthcare and the south bay's first certified primary stroke center. * nationally recognized for clinical performance and trauma care, providence holy cross medical center in mission hills also is the only community hospital in the san fernando valley to receive magnet status for nursing excellence. It is one of only two 24/7 trauma centers in the san fernando valley. Providence st. Elizabeth care center is a 52-bed skilled nursing facility. Every resident who lives at the center experiences a compassionate, caring and comfortable atmosphere. Each resident is treated as a special person, giving careful attention to his or her total well-being. We offer an array of health care services for residents to enjoy themselves with family and friends. To complement our reputation for caring, our specially trained staff works in partnership with residents, families, doctors, referring hospitals, and health professionals to make sure residents' needs are met. We also provide for respiratory services, as needed. Providence little company of mary transitional care center, a skilled nursing facility in torrance, earned five stars for the fourth straight year in the week's u.s. News and world report feature listing the nation's top nursing homes. The magazine's prestigious rankings were based on u.s. Centers for medicare and medicaid surveys that rated the 115-bed transitional care center among the best care homes in the nation based on health inspections, nurse staffing, quality measures and safety. The care center is affiliated with providence little company of mary medical center torrance, a 436-bed acute care hospital. Providence little company of mary stands out among skilled nursing facilities because its patients typically are not long-term. The average length-of-stay is about two weeks, time for patients to rehabilitate from acute-care hospital stays before heading home. U.s. News evaluated more than 15,000 nursing homes nationwide and over 2,000 earned the five-star rating. The staff includes nurses, physical therapists, occupational therapists, speech therapists, respiratory therapists, dietitians and administrative support and their focus is always on quality centered in providence core values and our mission of compassionate service.”

“Providence high school for children of the northern san fernando valley and surrounding area. Providence high school was founded in 1955 by the sisters of providence. This is a private, co-educational, independent, college preparatory catholic high school. Providence high school is accredited by the western catholic education association (wcea) and the western association of schools and colleges (wasc), a member of the california association of independent schools (cais), and it is a nationally recognized blue ribbon high school. Providence high school initially started as an all-girls school, but in 1974 the campus became co-educational. Today the 400+ students enjoy a full college prep curriculum as well as access to three focus programs; medical, cinema arts, and technology. Providence high school also offer award winning performing arts, rewarding christian service and campus ministry opportunities, competitive athletics and numerous clubs and activities. Grant & allocations - see schedule i.”

“Individuals listed as officers and key employees of the organization that are paid by a related organization are common law employees of the related organization. It is the intention of providence and the filing organization to make information accessible and transparent, reporting those employees of a related organization who have officer and key employee responsibilities to the filing organization. The related organization common law employees are included in the related organizations section 4960 tax analysis and reporting.”

“AGENCY/CONTRACT LABOR: Program service expenses 26,539,937. Management and general expenses 3,215,667. Fundraising expenses 0. Total expenses 29,755,604. MEDICAL DIRECTOR & MED PHYSICIAN FEES: Program service expenses 40,581,898. Management and general expenses 10,175,582. Fundraising expenses 0. Total expenses 50,757,480. REPAIRS & MAINTENANCE: Program service expenses 15,254,574. Management and general expenses 16,328,660. Fundraising expenses 18,630. Total expenses 31,601,864. BILLING & COLLECTIONS: Program service expenses 13,126. Management and general expenses 336,165. Fundraising expenses 0. Total expenses 349,291. OTHER PATIENT SERVICES: Program service expenses 29,754,247. Management and general expenses 927,178. Fundraising expenses 0. Total expenses 30,681,425. GENERAL CONSULTING FEES: Program service expenses 21,850,685. Management and general expenses 30,098,781. Fundraising expenses 48,356. Total expenses 51,997,822.”

“Net asset transfers between related tax-exempt organizations 764,587,147. Fas 136 - recipient organization adjustment 19,253,241. Other -1,164,090.”