Community Hospitals of Central California

“Upon completion of an initial review by senior management, the form is reviewed at a meeting of the executive committee of the board of trustees. The finalized form 990 then becomes a record of the organization's board of trustees.”

“Annually each director, principal officer and member of committee with board delegated powers sign a statement which affirms that such person: 1) has received a copy of the conflicts of interest policy; 2) has read and understands the policy; 3) has agreed to comply with the policy; and 4) understands that the corporation is a charitable organization and that in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Each director, principal officer and member committee with board delegated powers also completes a conflict of interest disclosure statement prior to the assignment of their duties and thereafter on an annual basis. The statement asks specific questions that would determine if there are conflicts of interests. Cmc's chief auditor, ethics & compliance officer, and chief legal officer review the responses and determine whether there is a conflict based on policy. If a conflict of interest is identified, the director, principal officer, or member committee with board delegated powers will be removed from decision making as it pertains to that conflict. To ensure that the corporation operates in a manner consistent with its charitable purposes and that it does not engage in activities that could jeopardize its status as an organization exempt from federal income tax, periodic reviews are conducted. The periodic reviews, at a minimum, include the following subjects: 1) whether compensation arrangements and benefits are reasonable and are the result of arm's-length bargaining; 2) whether acquisitions of physician practices and other provider services result in inurement or impermissible private benefit; 3) whether partnership and joint venture arrangements and arrangements with management service organizations and physician hospital organizations conform to written policies, are properly recorded, reflect reasonable payments for goods and services, further the corporation's charitable purposes and do not result in inurement or impermissible private benefit; and 4) whether agreements to provide health care and agreements with other health care providers, employees, and third party payors further the corporation's charitable purposes and do not result in inurement or impermissible private benefit.”

“Responsibility for oversight of executive compensation rests with the board's executive compensation subcommittee. The committee will "consider all matters involving compensation and benefits of (i) corporate officers who are classified as "disqualified persons" pursuant to internal revenue code section 4958; (ii) all other corporate officers who are senior vice presidents and executive vice presidents and (iii) the president/chief executive officer." through the executive compensation subcommittee, the board has engaged sullivan, cotter and associates, inc. To conduct a total compensation review for those individuals identified in their scope of responsibility which included the use of comparability data and documentation of the findings reported to the committee. This process was most recently completed in november, 2019.”

“The organization does not make its governing documents, conflict of interest policy, or financial statements available to the public.”

“Hbp fees: program service expenses 7,639. Management and general expenses 10,126. Fundraising expenses 0. Total expenses 17,765. Md supervisory fees: program service expenses 319,797. Management and general expenses 423,917. Fundraising expenses 0. Total expenses 743,714. Other professional fees: program service expenses 1,064,378. Management and general expenses 1,410,919. Fundraising expenses 0. Total expenses 2,475,297. Other purchased services: program service expenses 8,954,117. Management and general expenses 12,029,639. Fundraising expenses 0. Total expenses 20,983,756. Collection agencies: program service expenses 577,976. Management and general expenses 766,154. Fundraising expenses 0. Total expenses 1,344,130. Consult & mgmt fees: program service expenses 49,324. Management and general expenses 65,383. Fundraising expenses 0. Total expenses 114,707.”

“Change in unfunded accumulated pension benefit obligation -26,615,516.”