Colorado Hospital Association

“Members: membership in the organization will be on an institutional basis and available to organizations meeting the requirements and objectives of the association. Institutions will be considered for membership upon application and election as provided in the bylaws.”

“Describe circumstances for having members: the member hospitals of colorado hospital association elect the board of directors. Additionally, amendments to the bylaws must be approved by the member hospitals.”

“Describe circumstances for having members: the member hospitals of colorado hospital association elect the board of directors. Additionally, amendments to the bylaws must be approved by the member hospitals.”

“Process to review the form 990: the form 990 is prepared by a third party preparer and reviewed by the organization's cfo and ceo. After initial review, the 990 is presented to the treasurer and the finance and audit committee for review and provided to the board for final approval prior to filing with the irs.”

“Process for monitoring compliance with conflict of interest policy: all board members and officers are covered under the organization's conflict of interest policy and must disclose any conflicts annually to the board of directors. Individuals with a conflict of interest will abstain from voting on the matter in which they have a conflict. In addition, employees are required to immediately notify supervisors of any potential conflict of interest. Failure to report a conflict of interest is subject to disciplinary action.”

“Review of ceo or top mgmt official compensation: the executive compensation committee is responsible for the annual performance review and evaluation of the president of the association. The committee hires an outside firm to help them analyze the base compensation and incentive parameters. Evaluation points are prepared at the beginning of the year to evaluate the president's performance. At the end of the year the committee reviews the ceo's performance and decides what percentage of the potential incentive compensation shall be paid. At the completion of their review, they issue a single letter to document their decisions.”

“Review of other officer or key employees compensation: near the end of each year, the ceo, cfo, and vp hr review compensation information from shaef and other sources. In addition to annual inflationary increases, market rate adjustments are made as necessary. Year-end reviews influence compensation adjustments as they also do incentive compensation. New goals and potential incentive compensation for the upcoming year are part of the year-end review process. At the completion of all reviews, a single document of their decisions is compiled with the percent of potential incentive compensation earned, the compensation for the upcoming year, and the potential incentive compensation for the upcoming year.”

“Governing documents available to the public: the organization's governing documents, conflict of interest policy, and financial statements are made available upon request. The financial statements are made available to the public for viewing for valid purposes.”

“Rental expenses: the rental expenses on line 6b reflect expenses per the organization's books, without any adjustments for tax depreciation. The form 990-t rental expenses will reflect adjustments made for tax purposes.”

“In 2024, colorado hospital association (cha) ceased conducting educational meetings and seminars. Cha transferred a portion of the databank services to the colorado center for the advancement of patient safety a related organization.”

“Gain from cha trust for workers compensation - -1693;”