Stephens County Hospital Authority

“Service on the board of trustees for the hospital authority is a non-compensated position. Every position on the authority is appointed/elected for a six year term. Each position is elected by the current trustees from a slate of three nominations made from the county commission. The same process is utilized if a position becomes vacant at anytime prior to the completion of a six year term and is for the remainder of said term.”

“A copy of the form 990 was reviewed by each voting board member. At a regular scheduled board meeting, the governing board fully discussed the form 990. The entire board voted and approved the form 990 as presented.”

“The organization conducts periodic reviews of existing business relationships and initial reviews of any new business relationships.”

“The authority sets and reviews the compensation package of the ceo using comparable data provided by the georgia hospital association on ceo compensation at similar sized hospitals in georgia. Consideration is also given to the level of experience and over all performance of the hospital. This same process is used throughout the organization in setting and reviewing pay scales for all jobs including that of any "key employees." comparison data is used to set a pay scale and the level of expertise and experience in the job duties determine the point within that scale compensation is set.”

“Recent filings of the form 990 are available online at www.guidestar.org.”

“The stephens county hospital authority makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. In addition, recent filings of the form 990 are available online at www.guidestar.org.”

“Purchased services: program service expenses 4,902,255. Management and general expenses 7,171. Fundraising expenses 0. Total expenses 4,909,426. Consulting: program service expenses 0. Management and general expenses 11,513. Fundraising expenses 0. Total expenses 11,513. Maintenance contract: program service expenses 979,624. Management and general expenses 362,156. Fundraising expenses 0. Total expenses 1,341,780.”

“Restatement adjustment due to gasb 65 -182,509.”

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