St Peter'S Community Hospital Foundation

“Family and/or business relationships - as ceo/president of st. Peter's health, wade johnson has a business relationship with the following persons employed by st. Peter's health: *stephen mason *alissa abentroth *kari koehler *nathan coburn”

“St. Peter's health is the sole member of the organization.”

“Decisions of governing body subject to approval by members: in accordance with the bylaws of the foundation, certain activities are prohibited without approval by the st. Peter's health (statutory member) board of directors, including the following: (a) amendment of the articles of incorporation, (b) amendment/adoption of the bylaws of the corporation, (c) adoption of the operating and capital budgets of the corporation, (d) undertaking a loan or other similar obligations, (e) sale, lease, exchange, mortgage, pledge, grant of other disposition of assets of the corporation other than in the normal course of business, (f) adoption of a plan of merger or consolidation of the corporation with another corporation, (g) election to dissolve and wind up the affairs of the corporation or the revocation of any such action, and (h) adoption of a plan for the distribution of the assets of the corporation.”

“SEE ANSWER ABOVE.”

“Document meetings or written action by committees acting on behalf of governing body: no subcommittee has the authority to act on behalf of the board.”

“The vp of the foundation and the coordinator review the first draft copy of the form 990. Upon approval of the first draft, the board of trustees is then emailed the draft copy of the form 990 to review before filing of the final form 990.”

“Process for monitoring compliance with conflict of interest policy: all board members and employees are required to complete a conflict of interest disclosure upon employment/appointment to board. These disclosures are reviewed annually by the individual and then the full board. If a conflict exists, the individual does not vote on conflicted issues.”

“Review of ceo or top mgmt official compensation: compensation is paid through st. Peter's health, a related organization. An independent compensation consultant performs a review of salaries and benefits using data from comparable healthcare facilities a report is prepared and presented to the executive committee of the board of directors, which uses the report to determine officer and senior management compensation. The information is then reviewed with the board of directors. The annual process was performed during 2020 by sullivan cotter.”

“Governing documents available to the public: the organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

“Director salary: the salary of the director is paid through st. Peter's health, a related organization. St. Peter's health is not reimbursed for the salary.”

“Other change in net assets: change in value of split interest agreements (333,859)”