Centra Health Inc

“Centra health, inc. Adopted a joint venture policy, in 2014, which requires the organization to evaluate its participation in joint venture arrangements under applicable federal tax law and take steps to safeguard the organization's exempt status with respect to such arrangements.”

“Photocopies of form 1023 and recent filings of form 990 and 990-t are available upon request at the administrative office of the organization. Additionally, filings of form 990 can also be found online at www.guidestar.org.”

“Centra provided all voting members of the board of directors with a copy of form 990 prior to its filing. Additionally, centra reviewed form 990 with the audit and compliance committee and then presented it to the board of directors for their approval.”

“All centra officers and directors must complete a "possible conflict of interest" questionnaire on an annual basis, certifying that neither they nor any of their immediate family members have engaged in any activities that could lead to a potential conflict of interest. Additionally, all officers and directors must agree to promptly report any potential conflicts of interest that arise during the year to the president or chairman of centra's board of directors.”

“Centra has established a compensation committee, which consists of the chairman of centra's board of directors plus four additional members of centra's board of directors. All five members meet the irs form 990 independence definition. Members of this committee review relevant salary and benefit data from various sources and make recommendations to the executive committee of centra's board of directors with respect to the salary range and benefits for the ceo. The executive committee reviews and has final approval of the ceo's compensation. Methods used to determine salary ranges and adjustments include, but are not limited to, independent compensation consultant(s) as well as third party compensation surveys and/or studies.”

“Centra has established a compensation committee, which consists of the chairman of centra's board of directors plus four additional members of centra's board of directors. All five members meet the irs form 990 independence definition. The compensation committee is responsible for the review and approval of salary ranges and adjustments for other officers and key employees of centra, based on the recommendations made by the ceo. Methods used to determine salary ranges and adjustments include, but are not limited to, independent compensation consultant(s) as well as third party compensation surveys and/or studies.”

“The organization provides photocopies of its governing documents, financial statements, and conflict of interest policy at its administrative office upon request.”

“Minutes are taken at each meeting.”

“Form 1096 is filed by centra health, inc and includes payments made on behalf of bedford memorial hospital (ein: 54-0566100), centra health foundation, inc. (ein: 54-1604094), and southside community hospital (ein: 54-0555201). There were 46 payments in 2024 included on the 1096 for centra health, inc, but were for payments on behalf of bedford memorial hospital, centra health foundation, inc, or southside community hospital.”

“Centra health, inc includes bedford memorial hospital (ein: 54-0566100), centra health foundation, inc. (ein: 54-1604094), and southside community hospital (ein: 54-0555201) on form w-3. Employees who serve bedford memorial hospital, centra health foundation, inc, or southside community hospital receive a w-2 from related organization centra health, inc. There were 1,004 employees in 2024 included on the w-3 for centra health, inc, but were employed by bedford memorial hospital, centra health foundation, inc, or southside community hospital.”

“OTHER PHYS RENUMERATION - Total Expense: 64363786, Program Service Expense: 62889035, Management and General Expenses: 1474751, Fundraising Expenses: 0; OTHER CONTRACT LBR - Total Expense: 48635064, Program Service Expense: 45753564, Management and General Expenses: 2881500, Fundraising Expenses: 0; OTHER MED PURCH SVC - Total Expense: 24102271, Program Service Expense: 8042512, Management and General Expenses: 16059759, Fundraising Expenses: 0; OTHER PURCH SVCS - Total Expense: 20082912, Program Service Expense: 20045094, Management and General Expenses: 37818, Fundraising Expenses: 0; OTHER CAP MED CLAIMS - Total Expense: 12851139, Program Service Expense: 12793283, Management and General Expenses: 57856, Fundraising Expenses: 0; OTHER CHIC - Total Expense: 5165661, Program Service Expense: 5165661, Management and General Expenses: 0, Fundraising Expenses: 0; OTHER CLEANING SERVICES - Total Expense: 1811385, Program Service Expense: 1590014, Management and General Expenses: 221371, Fundraising Expenses: 0; OTHER COMMUNITY AWARENESS - Total Expense: 638844, Program Service Expense: 564780, Management and General Expenses: 74064, Fundraising Expenses: 0;”

“EQUITY CONTRIBUTIONS - 43053726; NET PERIODIC PENSION COST - 1877557; BOOK TAX/SWAP - 1698540; LOSS ON DISCONTINUED OPERATIONS - -46981215; MERGE HEALTHWORKS INTO CENTRA MEDICAL GROUP - -521858; Total - -873250;”