Benson Hospital Corporation

“Form 990 is prepared by an independent cpa and a draft is provided to the cfo for review. Upon the cfo's approval, a copy is provided to the entire board prior to filing.”

“The conflict of interest policy is reviewed by the board annually. The policy covers the directors, officers, committee members or a person related to such a person. A conflict is defined as a situation where an interested person has a beneficial interest or other link to a transaction that would reasonably be expected to exert influence on that person's judgement. Conflicting interest transactions also include transactions involving entities with which an interested person is affiliated, persons who control entities with which an interested person is affiliated and persons who are general partners, principals, or employers of an interested person. Interested persons must disclose conflicting interests to the board when and where appropriate and cannot play a direct or indirect role in deliberations of vote on the related matter. Directors or committee members who do not have a conflicting interest with the transaction vote to approve the related transactions.”

“The organization's bylaws require that, in determining compensation for any officer, director, committee member, or key employee of the corporation: a. The individuals on the board that approve compensation arrangements shall follow the conflicting interest provisions of these bylaws and the corporation's conflict of interest policies in effect at the time of the determination. B. Any compensation arrangement must be approved by the board in advance of paying compensation. C. The board shall document in writing the date and terms of each approved compensation arrangement. D. The board shall record in writing the decision made by each individual who decided or voted on each compensation arrangement. E. The board will approve compensation arrangements based on information on compensation paid by similarly-situated taxable or tax-exempt organizations, current compensation surveys complied by independent firms, or actual written offers from similarly-situated organizations; and f. The board will record in writing both the information on which the board relied to base the compensation decision as well as its source. The last review was performed in november 2014.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Other professional fees: program service expenses 244,796. Management and general expenses 319,936. Fundraising expenses 0. Total expenses 564,732. Medical professionals: program service expenses 2,444,216. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,444,216.”