Health Systems of Indian River Inc

“Classes of members or stockholders: the indian river county hospital district is a member of the organization because it is entitled to designate one (1) voting member of the hsir's board of directors.”

“Members or stockholders electing members of governing body: the indian river county hospital district is entitled to designate one (1) voting member of the organization's board of directors.”

“Documentation of meetings held by committees of governing body: the organization does not have any committees with authority to act on behalf of the governing body. Therefore, this question has been answered "no" in accordance with form 990 instructions.”

“Review of form 990 by governing board: a final copy of the form 990 is provided to all governing body members prior to filing utilizing a link to a password-protected website on whice the entire form 990 can be viewed. Questions regarding the form 990 are directed to the chief executive officer, chief financial officer, chief legal officer or other leadership members as appropriate. Executives leadership provides members of the board of directors with an overview of the highlights of the form 990 filed on behalf of the organization at a regularly scheduled board meeting following the filing of the form 990.”

“Conflict of interest policy: the compliance officer annually collects a signed acknowledgement from each person at the level of manger and above, stating that the individual has an understanding of, and is fully in compliance with, the hospital's conflict of interest policy. If a conflict of interest is disclosed, the compliance officer will follow up with the individual for additional information. This information is reviewed by the organization's compliance commitee. If a member of the governing body has potential or actual conflict of interest, the individual will abstain from voting on related decisions.”

“Compensation of officers and key employees: the organization's executive compensation program is administered by the compensation committee of the board of directors. The compensation committee meets as needed to review the executive compensation program and make recommendation for any changes to the board of directors as appropriate. The compensation committee directly, and independent of executive management, commissions an annual review by its independent consulting firm, sullivan cotter, to evaluate the organization's executive compensation program against the competitive market utilizing data from comparable local organizations, including, but not limited to, form 990 data as well as regional data from similar organizations. The compensation review is conducted not less than annually and is intended to ensure that the compensation program falls withing a reasonable range of competitive practices for comparable positions among similarly situated organizations. Following this review, the compensation committee reviews and recommends for approval to the board of directors the goals, objectives, and salary of the chief executives. The compensation committee also approves the salaries and benefits for vice-presidents and key employees. Note: compensation for all other employees, including directors and managers, is reviewed and approved by the executive management committee by utilizing comparable market compensation data provided by sullivan cotter or other independent compensation and benefits firm. Health systems of indian river, inc. Does not compensate any officers or key employees. Therefore, part vi, lines 15a and 15b are answered "no" in accordance with form 990 instructions.”

“Required documents available to the public: the governing documents, conflicts of interest policy and financial statements of health systems of indian river, inc. Are available to the public upon request pursuant to the guidelines of section 6104(d).”

“Partnership income not recorded on books -20,515.”