Ashland Community Healthcare Services DBA Ashland Community Hospital

“The federal form 990 is a federally mandated legal document that is highly regulated. Within ashland community healthcare services, they are to be prepared by personnel in the asante accounting department. Asante is the parent corporation of ashland community healthcare services. Additional assistance will be provided by personnel in the asante marketing, compliance, and executive departments. Before final submission of the documents, they are to have ashland community healthcare services board review. Policy details: 1. When final audited financial information is available, accounting personnel will compile the needed information to prepare the appropriate returns for the prior fiscal year. 2. As needed, accounting will file all appropriate extensions on a timely basis. However, the final submission can never be extended past august 15th of the year following the fiscal year being filed. 3. In addition to normal preparation, accounting personnel will coordinate with personnel in marketing, compliance, and possibly the executive departments in preparing the various schedules needed to complete the return. All work papers are to be retained in a permanent file. 4. When all necessary information has been compiled, it is to be loaded into appropriate tax software. 5. When completed, a draft return will be reviewed by the asante chief administrative and finance officer. After the review, accounting will clear all review notes and comments. 6. Once reviewed by the cafo, an additional review will be performed by an outside cpa firm. Accounting will again clear any additional review notes and comments submitted by the outside cpa. 7. The achs chief executive officer and members of the board of directors will look over the final set of returns and make further comments and corrections, as is appropriate. 8. Once all reviews and corrections are made, the asante cafo will sign all appropriate returns for filing. 9. All returns will then be filed either electronically or paper copy with the appropriate government agency. A copy of each return is to be kept in the accounting department and a copy of the 990 will be kept at the asante corporate headquarters for public display and copying, as requested.”

“All ashland community hospital managers, key employees, and board members are required to file a conflict of interest questionaire. The purpose of the questionaire is the protect the hospital's interests when it is contemplating entering into a transaction or arrangement the might benefit the private interests of a board member or officer of the company. In addition, all employees of the hospital have an obligation to disclose conflicts of interest or potential conflicts to their supervisor. The asante corporate compliance officer is responsible for administering, monitoring, and investigating any possible conflicts and make an annual report to the board of directors.”

“No documents available to the public.”

“Donated capital -57,891. Change in temp restrict balance 3,127. Liquidating net asset transfer (see schedule n) -11,996,875.”