Community Healthcare Partners Aco Inc.

“The powers health board has adopted executive and board of directors compensation philosophy and reasonableness standards. This is to ascertain that these standards are adhered to. Their process for collecting and assembling market data is consistent with the rebuttable presumption checklist and guidelines along with fair market value used by the irs in conducting executive compensation reviews as well as contemporary compensation practices. All market data is assembled from reputable commercially available sources and updated annually. The most recent update occurred in may 2024.”

“Community foundation of northwest indiana, inc. Dba powers health is the sole member / shareholder.”

“Powers health is the parent company of powers health partners aco and has control to elect members of the governing body.”

“Powers health is the parent company of powers health partners aco and has rights to approve decisions made by powers health partners aco. Matters reserved to member. Notwithstanding any other provisions of these bylaws, the board of directors shall have no authority to take the actions listed below on behalf of corporation without obtaining approval of the member. These matters reserved to the member shall not limit the board's ultimate authority to execute the functions of the aco, including, but not limited to, how shared savings are used and distributed among the participating providers and others: a. Merge, sell or combine corporation with or into another entity; b. Incur indebtedness or capital expenditures in excess of a specified threshold; c. Dissolve or liquidate corporation; d. Sell, transfer or exchange all, or substantially all of the assets of corporation; e. Appoint and remove the executive director of the corporation; f. Appoint and remove the chief medical officer of the corporation; g. Approve any amendments or restatementsof these bylaws; h. Approve the budget of the corporation; i. Approve the strategic plan of the corporation; j. Approve the creation of additional classes of directors.”

“The 990 is submitted to the senior vp and system cfo for review, once this review is complete the returns are then presented to senior leadership for review. The 990 is also reviewed by an independent accounting firm before it is posted to a secure website to allow the board of directors to review prior to filing.”

“As part of the organization's annual monitoring & enforcement procedure relating to its conflict of interest policy, all conflict of interest questionnaires are reviewed by the vp of corporate compliance and those officers, directors, or key employees who do not return or fully complete the questionnaire are contacted to reconcile the omission. Restrictions on members with a conflict - members with a conflict are required to recuse themselves from any deliberation and must abstain from the vote.”

“Powers health partners aco does not make its governing documents or conflict of interest policy available to the public. In accordance with bond covenants, powers health partners aco through powers health makes its financial statements and disclosures available to the public through the emma database.”

“TRANSFERS TO/FROM RELATED ORGS - 1018748; Shared Loss Accrual Reversal - 50061;”