St Vincent'S Health System

“In determining the compensation of the organization's President & CEO, the process, performed by Ascension Health, a related organization of St. Vincent's Health System, included a review and approval by independent persons, comparability data and contemporaneous substantiation of the deliberation and decision. The Compensation Committee reviewed and approved the compensation. In the review of the compensation, the President & CEO was compared to individuals at other organizations in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the committee minutes. The individual was not present when his compensation was decided.”

“The Chief Legal Officer operations at St. Vincent's Health System are administered by a management company as directed by Ascension effective January 1, 2015. Susan Doughton, Chief Legal Officer, is an employee of Dominick Feld Hyde.”

“St. Vincent's Health System has a single corporate member, Ascension Health.”

“St. Vincent's Health System has a single corporate member, Ascension Health, who has the ability to elect members to the governing board of St. Vincent's Health System.”

“Ascension Health has designed a system authority matrix which assigns authority for key decisions that are necessary in the operation of the system. Specific areas that are identified in the authority matrix are: new organizations & major transactions; governing documents; appointments/removals; evaluation; debt limits; strategic & financial plans; assets; system policies & procedures. These areas are subject to certain levels of approval by Ascension per the system authority matrix.”

“Management, including certain officers works diligently to complete the Form 990 and attached schedules in a thorough manner. Management presents the form to a designated committee of St. Vincent's Health System, to review and answer questions. Prior to filing the return, all Board Members are provided the Form 990 and management team members are available to answer any board member questions.”

“The Organization 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 Conflict 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 status.”

“In determining compensation of other officers and key employees of the organization, the process included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The Health System compensation committee reviewed and approved the compensation. In the review of the compensation, the other officers and key employees of the organization were compared to individuals at other hospitals in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the board minutes.”

“The organization will provide any documents open to public inspection upon request.”

“Other Revenue - Total Revenue: 719863, Related or Exempt Function Revenue: 16511, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 703352;”

“The financial statements of St. Vincent's Health System, along with its subsidiaries, fall under the full scope audit of Ascension Health Alliance. The activity of St. Vincent's Health System is reported in the consolidated financial statements of Ascension Health Alliance. No individual audit report for St. Vincent's Health System is issued. Therefore, the attached audited financial statements are of Ascension Health Alliance and Affiliates (which include the activity of St. Vincent's Health System.)”

“PURCHASED SERVICES - Total Expense: 17563312, Program Service Expense: 15806981, Management and General Expenses: 1756331, Fundraising Expenses: ; PROFESSIONAL FEES - Total Expense: 3152275, Program Service Expense: 2837047, Management and General Expenses: 315228, Fundraising Expenses: ;”

“Deferred Pension Cost - -11834508; Rounding - 1;”