Health First Administrative Plans Inc

“The sole member of hfap is health first shared services, inc. (hfss), a florida not-for-profit corporation that serves as the corporate parent of the health system.”

“Health first shared services, inc. (hfss), a section 501(c)(3) exempt organization and the parent of the exempt healthcare system, is the sole corporate member of the filing organization with the power to elect or appoint any members of the governing body.”

“Subject to the limitations of the articles of incorporation of the corporation, these bylaws and the laws of the state of florida, and subject to an agreement among all of the shareholders of the corporation, if any, the administrative powers of the corporation shall be vested in the board of directors, which shall have charge, control and management of the property, affairs and funds of the corporation. Notwithstanding anything to the contrary contained herein, where the bylaws of a wholly-owned subsidiary of the corporation grants, or reserves to, the corporation, as the sole shareholder of such subsidiary, special approval rights as to certain matters (that would otherwise be vested in the board of directors of such subsidiary) (the "reserved matters"), the board of directors shall not take any action with respect to the reserved matters without the prior approval of the shareholders of the corporation, subject to, and in accordance with, an agreement among all of the shareholders of the corporation, if any.”

“The form 990 was prepared by health first's tax department and then reviewed by the system controller. After review and approval by the executive vp cfo, the form 990 is sent to each member of the board of trustees electronically for their review and approval prior to filing.”

“A copy of the conflict of interest policy is provided to all associates, including management, in which they review and electronically attest that they have agreed to the terms noted in the policy on an annual basis. In addition, senior leadership and bod members on an annual basis are required to complete a conflict of interest questionnaire prepared and monitored by the chief compliance officer. The questionnaire requires an attestation stating that the individual is free of conflicts should they not report anything of concern. These forms are tracked and kept on file. Should a conflict arise, the chief compliance officer investigates the issue and determines a course of action to ensure enforcement of the policy.”

“The compensation process is determined by the parent company. The parent company's process is as follows: the salaries of our ceo and other health first executives are reviewed and recommended annually to the board of trustees and approved in executive session by the full board of health first. Health first contracts annually with a highly respected national consulting firm to provide these recommendations to ensure that our executives are compensated fairly and competitively when compared with similar roles in other healthcare organizations nationally. The compensation committee is independent for internal revenue code section 4958 for the individuals whose salary is reviewed. Minutes are kept for all board of directors and compensation committee meetings. The process is documented contemporaneously in the board and committee meetings.”

“Quarterly and annually consolidated financials and consolidated statistical information are filed electronically on www.dacbond.com and is available to the public. In addition, any requests made to the chief financial officer for the above referenced items are provided upon request in a timely manner. Copies of the governing documents and conflicts of interest policy is available upon request to the compliance officer. These documents are available for the same period of disclosure as set forth in irc section 6104(d).”

“Brett a. Esrock former sr. Vp ceo hospital svc./executive vp cfo/coo end 07/15/2024 frank s. Letherby sr. Vp community health svc. / director end 08/08/2024”

“Employees at health first administrative plans, inc. Are included in the form 941 filed by health first shared services inc. Ein: 59-3336894”

“Other miscellaneous-relocation: program service expenses 15,987. Management and general expenses 3,363. Fundraising expenses 0. Total expenses 19,350. Consultant/professional fees: program service expenses 3,798,151. Management and general expenses 798,951. Fundraising expenses 0. Total expenses 4,597,102. Purchased services: program service expenses 15,862,627. Management and general expenses 3,336,745. Fundraising expenses 0. Total expenses 19,199,372.”

“Book-tax difference from passthrough other changes in net assets -57,121.”

“The audit committee of health first reviews and approves the annual audit and compliance audit plans then makes its report to the health first board of trustees. The audit committee is responsible for the selection of the independent auditors. There was no change from prior year.”