Bon Secours - Richmond Health System

“Bon Secours Mercy Health, Inc. is the sole member of Bon Secours Richmond, LLC a single member limited liability company. Bon Secours Richmond, LLC was formerly Bon Secours Richmond Health Corp, a nonprofit tax exempt organization prior to conversion. Bon Secours Richmond LLC holds the majority interest in Bon Secours-Richmond Health System.”

“The governing body of Bon Secours-Richmond Health System is appointed by the Class B Member, Bon Secours Richmond, LLC, subject to the approval of Bon Secours Mercy Health, Inc.”

“Certain authorities of Bon Secours-Richmond Health System are reserved to its member or to Bon Secours Mercy Health, Inc.”

“The form 990 is prepared by bon secours mercy health's tax department and reviewed by an independent accounting firm. A copy of the form 990 is then reviewed by management. Once the form 990 is reviewed by all applicable parties a copy of the final version is provided to all members of the governing body prior to filing.”

“BSMH maintains a written and board approved Conflict of Interest Policy. The policy requires board members, officers, directors and key employees to annually disclose interests that could give rise to conflicts. The Integrity and Stewardship Committee (ISC) of the BSMH Board has the ultimate responsibility for Conflict of Interest, including the Policy implementation, compliance monitoring, and enforcement. Through the ISC, the Policy establishes the annual and ongoing requirement to make disclosures. BSMH Compliance Department reviews all Conflict of Interest disclosures to determine if a disclosed matter constitutes a potential Conflict of Interest requiring management intervention. The review constitutes an independent evaluation of all available facts and circumstances by a disinterested party. Potential Conflicts are shared with the disclosing individual's board chair or supervisor ("Leader"), and in collaboration with the BSMH Compliance Department, the Leader will conclude if an actual conflict exists and, if so, determine how it will be managed. Depending on the facts and circumstances, resolutions may include, but are not limited to, ongoing disclosure, recusal from board or committee deliberations and decision, or removal of the conflict. Upon the completion of the annual review process and review with the individual's Leader, the BSMH Compliance Department reviews all potential and actual conflicts and how they will be managed with the ISC Chair for input prior to submission to the ISC. The ISC will review such recommendations and either approve or request changes until approval may be granted.”

“The organization's formal process for determining total compensation for the ceo and other officers and key employees follows a board-approved compensation philosophy that is intended to provide reasonable compensation for accomplishing the organization's mission, to recognize performance, and to operate in keeping with the organization's obligations as a tax-exempt charitable organization. Compensation decisions are made by independent persons, are based on appropriate comparability data, and are concurrently documented. The people and culture committee, comprised of independent members of the organization's board of trustees, conducts an annual review of the compensation of the ceo and other executive officers and key employees who constitute disqualified persons. In doing so, the committee retains a qualified independent compensation consultant to conduct competitive market analysis of market ranges of base, incentive, total cash compensation, and total remuneration. The compensation consultant provides an opinion concerning the reasonableness of the compensation of the ceo and the officers and key employees reviewed by the committee. The committee utilizes that analysis and other appropriate information in connection with its annual review and recommendation of the ceo's compensation and its determination of compensation ranges for other reviewed officers and key employees. The committee determines that the ceo's compensation and the compensation of reviewed officers and key employees within these ranges is reasonable and within the compensation philosophy. Information which the committee may consider can include but is not limited to the performance of an individual, behavioral feedback, the performance of the organization, an individual's length of service, credentials and experience, the importance of retaining the individual, the elements of total compensation and salary history, the organization's compensation targets, and comparability data, including the data prepared by the independent consultant and reviewed with the committee. The committee incorporates a formal performance appraisal process in the ceo's compensation review. It utilizes a multi-perspective approach and performance measures which are linked to the organization's long-term strategic plan, achievement of annual system objectives, and personal objectives. The ceo is not present when the committee discusses and establishes his compensation. In addition, the committee determines if the threshold requirements for incentive awards are met, consisting of the organization's performance results for community benefit, quality, and financial performance, the committee recommends to the full board the ceo's salary adjustment and incentive award as well as the incentive award levels for which other listed individuals may be eligible. The committee's report concerning salary range adjustments, incentive awards and the basis for the committee's decisions goes to the full board for consideration in executive session which does not include the ceo or other officers or key employees. The full board reviews the ceo's performance and determines the salary adjustments and incentive awards to be made for the ceo. For the coo, evp, svp and market ceo positions, salary adjustments and incentive awards are approved by the organization's ceo within such board and committee-approved parameters and disclosed to the committee. Salary adjustments and incentive awards for other positions reviewed by the committee are approved by the independent supervising executive within such parameters, with market board review when appropriate, and disclosed to the committee. As with the ceo, all listed individuals undergo a formal performance appraisal utilizing a multi-perspective approach and performance measures which are linked to the organization's long-term strategic plan, achievement of annual system objectives, and personal objectives. Incentive awards are subject to repayment if th”

“The governing documents, conflict of interest policy and financial statements are available to the public upon request.”

“Board Member positions are generally voluntary in nature. Compensated employees of the filing organization and other related organizations who also hold board positions are compensated only in relation to their employment and do not receive additional compensation for their board responsibilities. Sr. Anne Marie Mack and Sr. Mary Shimo do not receive payroll distributions as they have taken a vow of poverty.”

“OTHER - Total Revenue: 594331, Related or Exempt Function Revenue: 594331, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“OTHER REVENUE - Total Revenue: 877344, Related or Exempt Function Revenue: , Unrelated Business Revenue: 1262, Revenue Excluded from Tax Under Sections 512, 513, or 514: 876082;”

“MEDICAL PROFESSIONAL FEES - Total Expense: 61337273, Program Service Expense: 61337273, Management and General Expenses: , Fundraising Expenses: ; CORPORATE DUES - Total Expense: XXX-XX-XXXX, Program Service Expense: XXX-XX-XXXX, Management and General Expenses: 25747706, Fundraising Expenses: ; Medicaid Assessments - Total Expense: 90149681, Program Service Expense: 90149681, Management and General Expenses: , Fundraising Expenses: ; CONSULTING SERVICES - Total Expense: 3819312, Program Service Expense: 3437381, Management and General Expenses: 381931, Fundraising Expenses: ; REPAIR AND MAINTENANCE SERVICES - Total Expense: 13982771, Program Service Expense: 12584494, Management and General Expenses: 1398277, Fundraising Expenses: ; DIETARY SERVICES - Total Expense: 17419767, Program Service Expense: 15677790, Management and General Expenses: 1741977, Fundraising Expenses: ; CLEANING AND HOUSEKEEPING SERVICES - Total Expense: 3094531, Program Service Expense: 2785078, Management and General Expenses: 309453, Fundraising Expenses: ; PHYSICIAN SERVICES - Total Expense: 33819407, Program Service Expense: 33819407, Management and General Expenses: , Fundraising Expenses: ; BIOHAZARD COLLECTION - Total Expense: 1996301, Program Service Expense: 1996301, Management and General Expenses: , Fundraising Expenses: ; OTHER PURCHASED SERVICES - Total Expense: 24292784, Program Service Expense: 21863505, Management and General Expenses: 2429279, Fundraising Expenses: ; INTERCOMPANY ALLOCATIONS - Total Expense: 88325426, Program Service Expense: 79492883, Management and General Expenses: 8832543, Fundraising Expenses: ;”

“Transfers to affiliates - -17413828; additional minimum pension liability - 55676768; non controlling interest adjustment - 2692593; equity transfers - -42692593; net assets released from restrictions - 2547420; other adjustments - 134086;”