Longmont United Hospital

“The executive committee shall consist of the chairperson of the board, as chairperson, the vice-chairperson, the treasurer, the secretary, the assistant secretary-treasurer, and the president and ceo. The executive committee shall have the power to transact all regular business and other confidential matters of the hospital during the interim between the meetings of the board of directors, provided that any action taken shall not conflict with policies and expressed wishes of the board of directors, that there are at least three (3) affirmative votes to initiate any action, and all matters of major importance should be referred to the board of directors. The executive committee shall review proposals and advise, as necessary, regarding planning and development of the hospital physical plant, programs, and services. It shall also be the responsibility of the executive committee to nominate candidates for officers and members of the board when vacancies are to be filled. Such nominations for candidates shall be submitted in writing to the secretary of the board at least thirty (30) days prior to the date of the meeting at which candidates shall be elected. Specifically, this committee shall be responsible for the annual performance evaluation of the president and ceo. This committee, minus the president and ceo, will also serve as the executive compensation committee. This committee shall meet at least quarterly.”

“David donahue and meredith donahue have a family relationship.”

“A related organization paid healthstar partners llc, for services performed by deb mohesky, president. Deb mohesky has an ownership interest in the above entity.”

“On july 1, 2022, catholic health initiatives - colorado became the sole corporate member of longmont united hospital.”

“The sole corporate member has the power to appoint, replace or remove the members of the board of directors. According to the organization's bylaws, the sole member shall fill all vacancies on the board of trustees created by removal, resignation, or death.”

“The organization's corporate member, catholic health initiatives- colorado shall be further subject to the powers reserved to the parent corporation, commonspirit health under the governance matrix. The corporation shall be deemed a "subsidiary" of the parent corporation for purposes of the governance matrix. Pursuant to section 5.5.2 of the organization's bylaws, csh may, in exercise of its approval powers, grant or withhold approval in whole or in part, or may, in its complete discretion, after consultation with the board and the president and chief executive officer of the organization, recommend such other or different actions as it deems appropriate. Those items include: -the transfer of assets valued at over $3,000,000 -the issuance of a debt instrument in excess of $250,000 -the amendment of the organizing documents -the admission of a new sponsor -a merger or dissolution or reorganization -settlement of legal proceedings in excess of $5,000,000 -capital expenditures in excess of $2,000,000.”

“A draft of the form 990 is reviewed by management and made available to the top financial official for consideration and review prior to filing with the irs.”

“The organization has adopted the coi policy of commonspirit mountain region (fka centura health corporation). The policy reads as follows: 1. Conflict of interest policy 1.1 consistent with commonspirit mountain region's integrity standards, it is policy that each board of trustee member, corporate officer, and key employee act at all times in a manner that is consistent with commonspirit mountain region's mission and values based service to the community and exercise care that he or she does not have any personal interest which might conflict with or appear to conflict with the interest of commonspirit mountain region or which might influence their judgment or actions in performing their duties. 1.1.1 in connection with an actual or possible transaction or arrangement involving commonspirit mountain region, any board member, corporate officer, or key employee who has a direct or indirect financial interest must disclose and be given the opportunity to share all material facts with the board considering the proposed transaction or arrangement. 1.1.2 board members, corporate officers, and key employees are also required to disclose any possible conflicts on an annual basis through the conflict of interest questionnaire. 2. Procedure for disclosing and reviewing transaction or arrangement conflict of interests: 2.1 board members, corporate officers, and key employees that have a financial interest in any actual or possible transaction involving commonspirit mountain region are required to disclose the financial interest. 2.1.1 in order to determine if a conflict of interest exists, the individual who is considered to have a financial interest may make a presentation at the board or board committee meeting. After such presentation, the individual shall leave the meeting for discussion and a vote on the issue. 2.1.2 after exercising due dillegence, the board or board committee shall determine whether commonspirit mountain region can obtain a more advantageous transaction with reasonable efforts from another person or entity. If a more advantageous transaction is not reasonably attainable, the board or board committee shall determine by a majority vote of the disinterested members whether the transaction is in commonspirit mountain region's best interest and is fair. 3. Procedure for disclosing and reviewing other conflict of interests: 3.1 board members, corporate officers, and key employees shall also disclose in advance to commonspirit mountain region leaders any non-transactional actions or relationships that have the potential to create a conflict of interest. 3.1.1 the board or board committee shall carefully review and scrutinize any conflict of interest. By a majority vote of the disinterested members, the board shall take whatever action is deemed appropriate with respect to the board member, corporate officer, or key employee under the circumstances, including possible corrective action, in order to best protect the interests of commonspirit mountain region. 3.1.2 on an annual basis, board members, corporate officers, and key employees will also be sent an email requesting they complete the board member and corporate officer conflict of interest questionnaire by the specified due date in the email. 3.1.3 the corporate responsibility department shall notify the chairperson of the board of any potential conflicts and the chairperson, or designee, shall perform further investigation as he or she deems appropriate. 4. Record of proceedings: 4.1 the minutes of the board and board committee shall contain: 4.1.1 the names of persons who disclosed or otherwise were found to have a financial interest and the nature of the financial interest. 4.1.2 the names of persons who were present for discussions and votes relating to any financial interest, the content of the discussion, including any alternatives, and a record of the board or board committee decision. 5. Violations of the conflicts of interest policy: 5.1 if the board or boa”

“The organization's financial statements, conflict of interest policy and governing documents are available to the public upon request. The organization's financial statements are included in commonspirit health's consolidated audited financial statements that are available at commonspirit.org.”

“During 2023, employees of longmont were paid by centura health corporation and chi colorado. Therefore, form w-3 is reported by centura health corporation and chi colorado.”

“Payments to vendors for entities that are part of commonspirit mountain region are made by commonspirit mountain region. Therefore, no forms 1099 are issued by longmont united hospital. Commonspirit mountain region files the forms 1099 and complies with the backup withholding rules for reportable payments to vendors and game winnings. The forms 1099 issued on behalf of longmont united hospital are reported to the irs.”

“Other fees: program service expenses 7,866,549. Management and general expenses 1,072,711. Fundraising expenses 0. Total expenses 8,939,260. Consulting: program service expenses 1,016,997. Management and general expenses 138,681. Fundraising expenses 0. Total expenses 1,155,678. Contract services: program service expenses 7,898,540. Management and general expenses 1,077,074. Fundraising expenses 0. Total expenses 8,975,614. Contract labor: program service expenses 1,800,537. Management and general expenses 245,528. Fundraising expenses 0. Total expenses 2,046,065. Purchased services: program service expenses 6,365,534. Management and general expenses 868,027. Fundraising expenses 0. Total expenses 7,233,561.”

“Changes in equity of unconsolidated orgs -22,233.”