Verde Valley Medical Center

“The board of directors delegates authority to an executive committee to exercise the power and authority of the board in the event convening a quorum of the board is not possible and an urgent vote is required, and between the quarterly meetings of the full board. Actions taken shall be recorded in meeting minutes provided to the board post-meeting and included in the consent agenda at the following board meeting. In addition, the executive committee shall serve as the compensation committee for the president/ceo and oversee the annual nah president/ceo performance evaluation. The executive committee shall consist of the individuals then serving as board officers and optional board member at large, automatically and without separate election.”

“Northern arizona healthcare corporation is the sole corporate member of flagstff medical center and verde valley medical center.”

“The board of directors is determined by the organization's member, northern arizona healthcare (nah). The directors at all times shall be, automatically and without the need of a separate election, the individuals serving as directors of nah.”

“Northern arizona healthcare corporation is the sole voting member. The following actions may be initiated by the member in its sole and absolute discretion: a) adoption of the consolidated annual budget for the system and any amendments b) the selection and retention of the president and chief excecutive officer of this corporation c) the selection of banking affiliations, accounting firms, legal counsel as well as approval of the engagement of any consultants not specifically provided for in an approved budget d) the selection of the manner and location of investment of any retained earnings e) authorization of standing or adhoc committees for controlled subsidiaries within the system. The member may not transfer its membership or any rights arising therefrom.”

“The form 990 is prepared by an accounting firm based on data gathered by the controller and the organization's financial operations group. The cfo reviews the draft form 990 and provides additional comments. The final draft version of the form 990 is provided to the board of directors prior to the may 15 due date. Any additional comments suggested by the governing body are then incorporated into the final version of the form 990 to be filed with the irs by the final due date. If any suggested changes are material or significant, an additional draft is distributed to the governing body prior to filing.”

“The organization regularly monitors and enforces compliance with its conflict-of-interest policy (board policy 6.1 standards of conduct). This is accomplished by a number of mechanisms. First, the conflict-of-interest questionnaire is reviewed by nah board development committee ("governance committee" of the board). As part of the questionnaire, self-disclosure is required by board members, community committee members and the nah president/ceo. In addition, individual disclosure by board members occurs at board meetings when necessary. A board member must exclude himself or herself from voting on an issue in which he or she may have a conflict of interest. The chief compliance & privacy officer reviews potential conflicts and follows up with any additional questions, if necessary. Then the summary of responses and conflicts are brought before the governance committee for final review and provided to the board for their information.”

“The process for determining compensation of the organization's ceo and other officers includes the preparation of comparable data by willis towers watson or sullivancotter, independent consulting firms. In addition, this information is reviewed by the board executive committee and documented in board minutes. The most recent comprehensive review was performed august 2024.”

“The process for determining compensation of the organization's ceo and other officers includes the preparation of comparable data by willis towers watson or sullivancotter, independent consulting firms. In addition, this information is reviewed by the board executive committee and documented in board minutes. The most recent comprehensive review was performed august 2024.”

“The organization's financial statements are available through the arizona department of health services. In addition, they are available through the electronic municipal market access (emma) as part of the organization's continuing disclosure documents that are required by its public debt requirements. The organization does not make its governing documents or its conflict-of-interest policy available to the public, as this is not required.”

“All Other Revenue - Total Revenue: 2512636, Related or Exempt Function Revenue: 2512636, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“The Northern Arizona Healthcare volunteer program exists to support our mission and vision. Volunteer roles are focused on improving the patient experience. Volunteer assignments do not replace or overlap with paid positions and duties. Volunteer absences do not interrupt daily workflow of department in which they are assigned. Our volunteer assignments and duties at the Verde Valley Medical Center are summarized here: Sedona Medical Center - Emergency Department - SMC: Rounding on patients to provide comfort items and stocking basic items. Verde Valley Medical Center - Caring Canines-Pet Therapy: Pet therapy visitation to common areas and nursing units - Emergency Department: Rounding on stable patients to provide company and offer comfort items - Greeters-VVMC Main: Welcome visitors, wayfinding and pushing visitors in wheelchairs - Music: Playing comforting music in common areas and nursing units”

“Verde valley medical center's mission and vision -------------------------------------------------------------- mission - improving health, healing people. Vision - always better care. Every person, every time...together.”

“Verde valley medical center does not have employees, but shares the cost of personnel, services, and expenses with northern arizona healthcare corporation, a related tax-exempt organization and vvmc's sole member.”

“DECREASE PENSION PLAN VALUATION - 1211300; NAHF Contributions - -208379; TRANSFER TO AFFILIATES - -25011499;”