Scotland Memorial Hospital Inc

“The board of directors and the finance committee review the tax returns before they are filed. The finance committee will review the returns at the end of july. The board of directors review of the returns in august, 2022. Our cfo reviews key elements of the return with each group.”

“The hospital requires all officers, directors, trustees to review and sign the conflict of interest disclosure statement annually.”

“The process for determining compensation for ceo and cfo entails a review of performance by the executive committee of the board of trustees, conducting compensation benchmark study by independent recognized third party, and review of compensation by atrium health compensation committee of the board of directors. Final approval is then made and documented by the scotland health care system board of trustees. Compensation for other hospital vice presidents is determined by performance evaluation by ceo, compensation benchmark study by independent recognized third party, and final approval and documentation by the scotland health care system board of directors. The process described here was last completed in 2022”

“Photocopies of the form 990 are available upon request at the organization's administrative office. Additionally, recent filings of the form 990 are available online at www.guidestar.org.”

“The hospital makes its governing documents and conflict of interest policy available to the public upon request at the scotland memorial hospital executive assistant to the president's office. The hospital makes its financial statements available to the public upon request at the vp, finance office or general accounting department.”

“The organization is utilizing part vii and schedule j of the form 990 to report the compensation paid to the ceo and cfo by a management company for services provided to the filing organization. The compensation has been reported in the filing organization's compensation columns of these sections.”

“Our inpatient rehabilitation wing in the hospital was used for a covid-19 wing during the pandemic.”

“Consultant fees: program service expenses 316,001. Management and general expenses 39,056. Fundraising expenses 0. Total expenses 355,057. Contract fees: program service expenses 33,244,840. Management and general expenses 4,108,913. Fundraising expenses 0. Total expenses 37,353,753. Equipment maintenance contract fees: program service expenses 3,064,986. Management and general expenses 378,819. Fundraising expenses 0. Total expenses 3,443,805. Medical spec fees: program service expenses 5,108,477. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,108,477. Other professional fees: program service expenses 5,661,193. Management and general expenses 699,698. Fundraising expenses 0. Total expenses 6,360,891.”

“Pension plan adjustment 13,621,213. Transfer to affiliates -5,423,485. Harris family practice adjustments other change in net assets without donor restrictions -1,015,500.”

“The process has not changed from the prior year.”