Cape Fear Valley Medical Foundation Inc

“Printed copies of the form 990 are made available to the board of trustees at the administrative office prior to filing.”

“Cape fear valley medical foundation regularly and consistently monitors and enforces compliance with the conflict of interest policy in that any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transaction or arrangement. The remaining individuals on the governing board or committee meeting will decide if conflicts of interest exist. Each director, principal officer and member of a committee with governing board delegated powers annually signs a statement which affirms such person has received a copy of the conflicts of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands that the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish its tax-exempt purpose.”

“A human resources consulting firm is retained by cumberland county hospital systems, inc., a related organization to review the competitiveness and reasonableness of the compensation provided to the ceo and other top management personnel.”

“Governing documents, conflict of interest policy, and financial statements are not available to the public upon request. Organization's form 990 is open for public inspection, provides financial information, and addresses issues of governance such as the organization's conflict of interest policy and governance documents.”

“Contracted services: program service expenses 0. Management and general expenses 0. Fundraising expenses 53,400. Total expenses 53,400.”

“The process for oversight and selection of an independent accountant has not changed from the prior year.”