Kootenai Health Inc

“The organization has three corporate members who are broadly representative of the community served. Members are responsible for electing and removing directors, approving amendments to the articles, approving plans of merger involving the corporation, and approving dissolution of the corporation.”

“Members are broadly representative of the community served. Members are responsible for electing and removing directors, approving amendments to the articles, approving plans of merger involving the corporation, and approving dissolution of the corporation.”

“Members are responsible for electing and removing directors, approving amendments to the articles, approving plans of merger involving the corporation, and approving dissolution of the corporation.”

“There are no committees that are able to act on behalf of the governing board. Minutes of committee meetings and committee recommendations are submitted to the board as a whole for consideration.”

“A copy will be provided to the board of directors for review prior to filing.”

“The policy applies to all staff, board members, officers, contractors, and volunteers of kootenai health and its affiliates. Initial determinations are made by the department director and/or vice president of the employee. Employees must submit a disclosure of personal and professional interests form to their respective director and/or vice president for review. After the initial review, the completed disclosure form is forwarded to the compliance officer for confirmation of the director and/or vice president's decision. If needed, a consult may be requested with the vice president, compliance office, vice president of human resources, or legal counsel. Following consultation, the department director and vice president will issue a written decision regarding whether the activity in question is permissible, permissible with certain clearly specified conditions, or not permissible.”

“Ceo compensation is determined by the physician and executive compensation committee (a subcommittee of kootenai health's board of directors) where sullivan cotter shares market information and advises on all aspects of compensation base, incentive, benefits and retirement for executives. The committee makes these specific decisions within our meetings for the ceo. These decisions are documented in the meeting minutes. For the rest of the executives, the committee delegates specific decision authority regarding annual base salary increases to the ceo. The committee oversees the total spend and looks to sullivan cotter's reasonableness opinion regarding each specific executive's total compensation inclusive of base, incentive, benefits and retirement. With respect to incentive, benefits and retirement, the committee makes these decisions for all the executives including the ceo. These decisions are well documented in the committee's minutes. The committee generally meets three times a year. In q1 to set incentive goals for the executives, in q2 to review incentive payout and base salary decisions and q3 to review market movement and trends. Each of the meeting's minutes are detailed and specific as to decisions, affirmation of market positioning, affirmation of compensation philosophy and affirmation of sullivan cotter's reasonableness opinion.”

“The organization makes its financial statements, governing documents, and policies available upon request.”

“Kootenai health does not currently have a policy addressing participation in joint ventures but is working to implement a policy.”

“Kootenai health transitioned from a hospital district to a nonprofit 501(c)(3) organization on january 1, 2024. This was accomplished through an operating structure change. Structured as a conveyance, kootenai health's assets, liabilities, and operations transitioned to the kootenai health foundation, which was an existing 501(c)(3) organization. Post-conversion, the kootenai health foundation set up a new 501(c)(3) to continue their mission. Now structured as a 501(c)(3) organization kootenai health continues to provide health care services to the residents of kootenai county, idaho and the surrounding areas.”

“Change in interest in the net assets of the foundation 1,784,667. Transfer of net assets from kootenai hospital, inc. 541,292,897. Transfer of net assets to kootenai health foundation, inc. -2,413,393.”

“The process has not changed since the prior year.”