Princeton Community Hospital Foundation Inc.

“A line by line review is completed to validate the amounts on Form 990, and is then reconciled to the organization's financials. All the questions/statements and the program service accomplishments are then reviewed for accuracy. Finally, the organization's balance sheet is reconciled to the Form 990 balance sheet. A copy of the 990 is distributed to each board member before being filed.”

“Any Trustee, Officer, Employee or Committee Member having an interest in a contract or other transaction presented to the Board of Trustees or a committee thereof for authorization, approval or ratification shall make a prompt, full and frank disclosure of his or her interest to the Board or committee prior to its acting on such contract or transaction. Unless the person excuses him or herself from voting, the body to which such disclosure is made shall thereupon determine, by majority vote, whether the disclosure shows that a conflict of interest exists or can reasonably be construed to exist. If a conflict is deemed to exist, such person shall not vote on, nor use personal influences on, nor participate (other than to respond to questions) in the discussions or deliberations with respect to, such contract or transaction. Such person may be counted in determining the existence of a quorum at any meeting where the contract or transaction is under discussion or is being voted upon. The minutes of the meeting shall reflect the disclosure made, the vote thereon and, where applicable, the abstention from voting and participation, and whether a quorum was present. For the purpose of the Section, a person shall be deemed to have an interest in a contract or other transaction if he or she or a member of his or her immediate family or business partner or associate is the party (or one of the parties) contracting or dealing with the Corporation, or if he or she or a member of his or her immediate family is a Trustee or Officer of, or has significant financial or other personal benefit if the contract or transaction is approved or disapproved. The Board may approve and require a periodic disclosure form to be completed by such individuals as the Board may designate.”

“The organization uses a third party consulting firm to assign pay ranges for all positions. The consulting firm does a market study based on each job description to assign a pay grade. The grade has a low, mid-point and high range. The candidates' education and experience is then considered in assigning the rate of pay within the pay grade's range.”

“All governing documents, policies and financial information are made available to the public upon request, and can be transmitted (1) electronically, (2) by mail or (3) by visiting the Foundation office at 111 Morrison Drive, Princeton, WV.”