Kodiak Island Health Care Foundation

“The executive committee consists of the officers of the board of directors. The executive director serves as an ex-officio non-voting member. The executive committee has all the powers of the board of directors to approve operational requirements on which action may be required when the board is not in session, except that the committee does not have the authority to reverse, modify or change any prior decisions of the board, to fill board vacancies, or to ammend the bylaws. The executive committee performs other duties as may be delegated by the board. All actions on behalf of the organization are reported at the next meeting of the board, with a quorum present, for ratification.”

“Prior to filing, the form 990 was reviewed by the cfo, the ceo and the finance committee and a copy was provided to the board of directors.”

“Kodiak island health care foundation has a conflict of interest policy that applies to all officers, board members, and any other voting committee members. Each covered person is required to complete an annual conflict of interest questionnaire. If a person has an actual or potential conflict, they are required to disclose the conflict. If a transaction is being considered at a board or committee meeting, then disclosure is made to all individuals at the meeting. Otherwise, disclosure is made to the chair, who shares the conflict with all board members. The independent board members determines whether a conflict exists. An individual with a conflict may disclose relevant facts, but cannot otherwise participate in discussions on the transaction and may not be present when the board or committee votes on the transaction. All relevant information is retained in board or committee meeting minutes.”

“The organization participates in the northwest regional primary care association (nwrpca) salary survey and utilizes this survey in reviewing the compensation of all positions in the organization. The executive director's compensation is also reviewed and approved by the board of directors. This process was last completed in 2024.”

“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”

“The authority and process for selecting the financial statement auditor and for overseeing the financial statement audit did not change during the year.”