Peninsula Regional Health System Inc

“Business relationships steven leonard, david rommel, memo diriker, ryan mclaughlin and thomas coates are members of the board of directors of peninsula health ventures, a wholly-owned taxable subsidiary of tidalhealth, inc. Stephanie gary, thi's cfo, also serves as secretary/treasurer of peninsula health ventures.”

“Contemporaneous documentation of meetings held/written actions undertaken the governing body of tidalhealth, inc. Documents all meetings held. Committees of the health system also document all meetings held, but do not have the authority to act on behalf of the board. Committee chairs present resolutions to the governing body for approval.”

“Review process of form 990 once the form 990 and all schedules have been prepared by the organization's independent tax services provider, the organization's form 990 is reviewed by the president of the health system prior to filing. A copy of the form 990 was made available to all members of the governing body prior to the filing with irs.”

“Monitoring and enforcement of conflict of interest policy the board of directors are required to disclose annually, in writing, any and all interests which they or any member of their immediate family, may have in any business entity which has or seeks a contractual or competitive relationship with the corporation or any of its affiliates. The board has the authority to determine if a violation has occurred and whether any interest which should be disclosed should disqualify a director from participating in any specific board discussion or board membership. All disclosures are reviewed by the organization's chief compliance officer. Any conflicts are presented to the board. If a person is conflicted, they will recuse themselves from all discussions and deliberations to which they would appear to be conflicted.”

“Process for determining compensation the organization uses a compensation committee to determine the compensation of the ceo/executive director and other key employees. The compensation committee uses an independent consultant, compensation surveys and other organization's form 990 in the determination process.”

“Availability of documents to public the organization's governing documents, conflict of interest policy, financial statements, and form 990 are available to the public upon request to the public information office of tidalhealth peninsula regional at 100 east carroll street, salisbury, md 21801.”

“Changes in pension cost 8,619,239. Decrease in equity in investment in subsidiaries 128,460,814.”