Valley Hospital Association Inc DBA Mat-Su Health Foundation

“Membership eligibility criteria: (1) must hold mat-su borough residency (determined by voter registration and/or residence address within the borough). (2) must be 18 years of age or older. (3) must either (a) submit a completed general application and pay the $5 membership fee per calendar year (january 1 through december 31) for general membership; (b) complete a lifetime membership application and pay the $75 lifetime fee and complete a lifetime membership address verification update for lifetime membership holders.”

“Any changes to the bylaws that are related to membership must be approved by membership.”

“Management and the finance and investment committee review the 990 prior to filing. A final version of the 990 is sent to the full board of directors for review prior to filing.”

“The reporting organization annually verifies compliance with the conflict of interest policy. The individuals covered by this policy include all directors, officers, and key personnel. The persons covered by the policy are required to annually disclose to the organization's ceo their interest that could give rise to conflicts of interest on a form provided by the organization. The organization's ceo will monitor proposed or ongoing transactions for conflicts of interest. During meetings, conflicted individuals must disclose the material facts and details relating to their interest to the board or board committee. The board chairperson, committee, or board may ask the individual to leave the meeting during the discussion of the matter that gives rise to the potential conflict of interest. Interested persons are not allowed to vote on the matter that gives rise to the potential conflict of interest. The board or board committee must approve the transaction or arrangement by a majority vote of the board members present at the meeting that has a quorum, not including the vote of the interested person.”

“Annually, a ceo evaluation committee consisting of independent persons is convened to review the employment and compensation of the ceo. When determining the ceo's compensation, the committee utilizes both local, regional, and national salary surveys. The board of directors reviews the recommendation of the ceo evaluation committee and their approval or revision is documented in the minutes of the meeting. For officers other than the ceo, an external firm is used to create a compensation grid that determines compensation.”

“The reporting organization's 990, conflict of interest policy, and financial statements are available upon written request. The governing documents are made public on the organization's website.”