Mercy Foundation Bakersfield

“For 2018 compensation, the parent organization's board of directors appoints a human resources and compensation committee, comprised of independent directors, who are accountable for setting reasonable compensation packages for each officer and certain key employees (including the president/ceo). The human resources and compensation committee approves, consistent with the organization's philosophy and principles, the annual performance goals and criteria to be used in determining merit increases and variable compensation criteria for officers and key executives. The human resources and compensation committee also engages outside legal counsel as necessary and qualified independent compensation and benefits specialists (independent experts) to review, analyze and provide benchmarking data for the total compensation and benefits packages of officers and key executives. Appropriate comparable data is obtained from the independent experts, (e.g., total economic benefits paid by similarly situated organizations, both taxable and tax-exempt, for similar job responsibilities). Key deliberations of the committee are documented in meeting minutes which are approved at the next committee meeting and provided to the board of directors. The documentation of the deliberations includes (a) the terms of the transaction approved and the date approved; (b) the members of the committee who were present during discussion of the approved transaction and those who voted on it; and (c) the comparability data obtained and relied upon by the committee and how the data was obtained. Form 990, part vi, section c, line 19 federal tax laws do not mandate that the organization's governing documents, conflict of interest policy and financial statements be made available for public inspection. The organization makes its financial statements available on its website and upon request. Form 990, part vii, section a one or more of the individuals who provide services to the organization as officers and/or directors are members of a religious congregation. Since all such sisters are subject to vows of poverty, fair market value compensation for their services is paid directly or indirectly to the religious congregation of which they are a member. The non-taxable benefits are paid on behalf of the order. Form 990, part xi, line 9 adjustment of assets and liabilities, net, to fair value pursuant to acquisition accounting; $(3,617,249) form 990, part xii, line 3b the organization's federal awards were included in dignity health and subordinate corporations' uniform guidance schedule of federal expenditures for the period of july 1, 2018, to january 31, 2019, and commonspirit's consolidated uniform guidance audited schedule of federal expenditures for the period of february 1, 2019, to june 30, 2019.”

“Affiliation of chi and dignity health on february 1, 2019 catholic health initiatives ("chi") and dignity health effected a business combination as discussed in note 1 of commonspirit health's ("commonspirit") audited financial statements as of and for the year ended june 30, 2019. Due to the circumstances of the business combination between chi and dignity health, through the alignment under catholic health care federation ("chcf"), the transaction qualified for acquisition accounting with commonspirit (formerly known as chi) as the accounting acquirer of dignity health. No cash consideration was involved in the affiliation. As part of the affiliation, dignity health caused to transfer eight non-catholic owned community hospitals, non-catholic subsidiary hospitals, and certain other non-catholic operations to dignity community care. The transfer of these net assets, stepped up to fair value pursuant to the application of acquisiton accounting, is recorded in net assets (see part xi, line 9). Form 990, part v, line 2a the organization does not have employees. The foundation operates for the benefit of the hospital and utilizes the employees of that hospital. The proportionate salaries and benefits for these individuals are allocated to the foundation. The salaries of these employees are included in the hospital entity's form w-3 and federal employment tax returns. Form 990, part vi, section a, line 2 r. Patel, md, g. Braun, b. Peters, d. Yeagar - business relationship form 990, part vi, section a, line 6 the sole corporate member is dignity health, a 501(c)(3) exempt organization. Form 990, part vi, section a, line 7a dignity health, as the sole corporate member, ratifies the selection of members and the dignity health board approves new board members of the foundation. On february 1, 2019, dignity health and catholic health initiatives ("chi"), a colorado nonprofit corporation, effected a business combination. On that date, chi changed its name to commonspirit health and became the sole corporate member of dignity health. Commonspirit health is a catholic healthcare system sponsored by the public juridic person, catholic health care federation ("chcf"). Form 990, part vi, section a, line 7b reserved rights of the corporate member include adoption of mission and philosophy statements, amendment or restatement of articles of incorporation and bylaws, dissolution of the corporation, acquisition of another corporation, creation of a new subsidiary, merger or consolidation with another corporation, participation as a general or limited partner in any venture, incurring long-term indebtedness in excess of normal operating requirements, ratification of board member appointments and dismissals, selection and removal of independent auditors, and transactions outside the ordinary course of business. Form 990, part vi, section b, line 11b the foundation worked closely with dignity health corporate tax team and an independent accounting firm engaged to review the preparation of the form 990. The final form 990 was made available to the entire board of directors subsequent to filing with the internal revenue service. Form 990, part vi, section b, line 12c the foundation has adopted dignity health's conflicts of interest policy. Under such policies, the general counsel is designated as the organization's filing officer and responsible for collecting, reviewing and validating annual disclosures of all covered persons including the members of dignity health's governing bodies including its board of directors and board committees, as well as dignity health's officers and executive leaders, key employees, management personnel at the vice president level and above, and any other personnel designated by the filing officer ("covered persons"). All covered persons are required to disclose actual or potential conflicts arising from the business, ownership, financial and personal interests held by such covered persons or their family members. Covere”

“Description:admin services total fees:647287”

“Description:catering total fees:44759”

“Description:professional services total fees:4215”

“Description:photography total fees:1565”