Christus Foundation Shreveport-Bossier

“Form 990, part vi, line 6 in accordance with the articles of incorporation, article ix membership for christus foundation shreveport-bossier, christus health northern louisiana is the sole member of the corporation.”

“Form 990, part vi, line 7a in accordance with the amended and restated bylaws of the christus foundation shreveport-bossier, section 6.02, the persons employed shall automatically be elected without term. Also, the board of directors of the corporation shall include at least one member of the christus health northern louisiana board, one active member of christus foundation shreveport-bossier's medical staff, and a representative of either the sisters of charity of incarnate word or the christus foundation shreveport-bossier office of mission effectiveness.”

“Form 990, part vi, line 7b in accordance with the amended and restated bylaws of the christus foundation shreveport-bossier: the governance of the affairs of the corporation shall be vested in its governing body, known as the board of directors, which shall have charge, control and management of the property, affairs and funds of the corporation, and shall have the power and authority to do and perform all acts and functions on behalf of the corporation. However, among these acts and functions, certain powers have been expressly reserved to the sole member in the articles of incorporation and the bylaws of the corporation. Action by the corporation shall not be taken until, christus health northern louisiana, acting through its board of directors, shall have taken actions by consent resolution or resolutions signed on behalf of the sole member by its president or corporate secretary and recorded in the minute books of christus health northern louisiana. The sole member may delegate certain reserved powers to the christus health northern louisiana president. The matters set forth below are reserved exclusively to the sole member and are not valid until they have been submitted for and received approval by the member in the manner outlined above: (a) any amendment or restatement of the articles of incorporation or bylaws of this corporation. (b) the establishment of any new corporation or the merger, dissolution, or consolidation of the corporation. (c) approval of the capital and operational budgets of the corporation and approval of any audit or financial review of the books and records of the corporation. The sole member may require an audit or some lesser financial review of the books and records of the corporation by an independent certified public accountant selected by the sole member of the corporation if the sole member deems such review or audit to be necessary or appropriate. (d) incurring or renewing any indebtedness by the corporation. (e) any acquisition, exchange, lease, sale or purchase of real property by the corporation. (f) the approval of any gift of property (other than cash, marketable securities, or bonds) to the corporation and the approval of any restrictions imposed as a condition of accepting said gift. (g) approval of short-term and long-range strategic plans for the corporation. (h) approval of the stated mission and philosophy according to which the corporation will operate its affairs. (i) election or removal of the chair, and the board of directors of the corporation. (j) the sole member may from time to time by appropriate resolutions adopted and approved by said sole member delegate additional actions to the board of directors of the corporation.”

“Form 990, part vi, line 11b the form 990 is prepared and reviewed by the christus health tax department. The christus health accounting department works with the tax department in preparation and review of the form 990. The filing organization's cfo, or other designee, reviews the form 990. The final form 990 that will be filed with the irs is posted to a secure internet portal for all members of the board of directors to review of the final form 990 occurs prior to filing with the irs in the spring 2025 via a web portal polling tool by the respective christus organization's board, based on a set of suggested review processes developed by christus health.”

“Form 990, part vi, line 12c at the end of each calendar year, the christus health corporate secretary distributes a conflict of interest questionnaire to all of the organization's board and committee members for completion prior to the 1st of january in the next year. The corporate secretary thoroughly reviews all completed and executed conflict of interest questionnaire forms to ensure accuracy and that no potential or identified conflict is disclosed or exists. The organization's board of directors is responsible for enforcement of the conflict of interest policy of the organization.”

“Form 990, part vi, line 15a the executive director of the filing organization is paid by a related organization; therefore, the filing organization was not involved in the process of determining compensation for the executive director of the filing organization. The related organization determines the compensation of the executive director of the filing organization by use of an independent and external consultant. The consultant helps determine pay rates for the associates of the related organization, taking into account market data and shift differential. The compensation rates are approved by the related organization. Based on the aforementioned procedure, the executive director's compensation is not reviewed by a compensation committee. The executive director's salary is paid by the related organization.”

“Form 990, part vi, line 18 the filing organization's irs determination letter and form 990 are available upon request.”

“Form 990, part vi, line 19 the consolidated audited financial statements of christus health are made available to the public via the christus health website. The organization's governing documents and conflict of interest policy are not made available to the public.”

“Form 990, part xi, line 9 change in restricted net assets (525,523) restricted contributions 1,599,767 reclass for gaap for donations/grants to unrna (409,729) rounding 1 ---------------- total $664,516”