Halifax Regional Medical Center Inc

“The organization delegated management duties to novant shared services under a 3 year contract beginning in march of 2014.”

“The return was prepared by an independent accounting firm with assistance and information provided by management. The hospital provided every voting board member a copy of the draft 990 prior to a scheduled meeting. Details of the return were discussed with management and the finance committee of the board, who then delivered a report to the full board prior to filing the return with the irs.”

“(bylaws, article 2, section 3) "any duality of interest or possible conflict of interest on the part of any governing board member shall be disclosed to the other members of the board of directors and made a matter of record through an annual procedure and also when the interest becomes a matter of board action. Any governing board member having a duality of interest or possible conflict of interest on any matter shall not vote or use personal influence on that matter, and shall not be counted in determining the quorum for the meeting, even where permitted by law. The minutes of the meeting shall reflect that a disclosure was made, the abstention from voting, and the quorum situation. Any existing or apparent conflict of interest will be referred to the executive committee of the board for resolution." the conflict of interest policy is reviewed annually. Board members and hospital management personnel are required to complete a conflict of interest questionnaire each year.”

“The organization engages an outside independent consultant for review of compensation packages. The consultant uses comparable positions and benchmarks to evaluate the salaries for the ceo and vice presidents. The executive committee of the board of directors reviews the consultant's recommendations, and the full board approves the compensation package selected for the ceo. The consultation process for other officers involves the independent consultants; however, the ceo has final approval over compensation packages for vice presidents and below.”

“Photocopies of the form 990 are available upon request at the organization's administrative office.”

“Photocopies of the organization's governing documents, conflict of interest policy, and financial statements are available upon written request at the organization's administrative office.”

“Other professional fees: program service expenses 12,252,438. Management and general expenses 490,110. Fundraising expenses 0. Total expenses 12,742,548.”

“Change in value of defined pension plan 85,268. Transfer of equity -2,178,000.”

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