Memorial Elder Health Services

“Memorial hospital at north conway, nh (ein# 02-0222156) is the sole member of the organization.”

“All trustees who are not ex-officio are elected by the sole member of the organization.”

“Decisions of the governing body such as adoption of budgets, business,marketing and strategic plans, significant financial commitments and amendments to the organization's articles of agreement are subject to the approval of its sole member, memorial hospital (ein #02-0222156) and mainehealth services (ein #01-0431680) who is the sole member of memorial hospital.”

“The 990 is provided to the full board of directors for review prior to filing via electronic means. Key components of the 990 are reviewed with the governance committee of the parent company and the cfo reviews the 990 in detail prior to its filing.”

“Mainehealth's audit & compliance services sends conflict of interest (coi) disclosure form requests to over 3,000 care team members (including all board members, officers, and other senior leaders) each year. Audit & compliance services collects the disclosure forms and reviews each submission for possible reported conflicts to determine if a management mitigation plan is required. The results of the annual coi process are reported to the mainehealth executive compliance committee, the audit committee, local health system presidents, and the board of trustees chairpersons.”

“COMPENSATION PROCESS FOR PRESIDENTS (LINE 15a) MAINEHEALTH, A RELATED ORGANIZATION USES AN OUTSIDE FIRM, SULLIVAN COTTER, TO PERFORM AN INDEPENDENT BENCHMARK ANALYSIS ANNUALLY FOR THE PRESIDENT OF MEMORIAL ELDER HEALTH SERVICES. THE FIRM MEETS WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF MAINEHEALTH TO REVIEW THE EXECUTIVE COMPENSATION REPORT. THE EXECUTIVE COMMITTEE THEN DELIBERATES ON MAINEHEALTH'S WRITTEN SALARY AND INCENTIVE PLAN PHILOSOPHY BEFORE MAKING A FINAL DECISION. ALL MEETING DECISIONS ARE CAPTURED IN MINUTES WITH APPROPRIATE APPROVALS AT ALL LEVELS. COMPENSATION PROCESS FOR OFFICERS (LINE 15b) COMPENSATION FOR OFFICERS OF MEMORIAL ELDER HEALTH SERVICES IS PART OF THE INDEPENDENT BENCHMARK ANALYSIS PERFORMED ANNUALLY BY SULLIVAN COTTER. ALL COMPENSATION DECISIONS ARE REVIEWED AND APPROVED BY THE MAINEHEALTH CHIEF EXECUTIVE OFFICER, CHIEF OPERATING OFFICER, AND CHIEF PEOPLE OFFICER.”

“Documents that are required to be open for public inspection are made available upon request.”

“Mainehealth (ein 01-0238552), acting on behalf of the mainehealth system filed 1,391 form 1099s for the calendar year 2023.”

“Mainehealth (ein 01-0238552), acting on behalf of the mainehealth system filed form w-3, reporting 26,951 employees for the calendar year 2023.”

“Equity transfers from affiliates 800,000.”