2023-11-10T15:45:33-06:00 2022-12-31 920117073 ALLIANCE CPAS LLC 119 NORTH CUSHMAN ST SUITE 300 FAIRBANKS AK 99701 990 2022-01-01 920035784 THE GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION INCORPORATED GREA 9074585550 PO BOX 71396 FAIRBANKS AK 997071396 JASON MILLER CFO 9074585550 2023-11-09 1 JASON MILLER 999009999 0 GARY CORRICK P00296939 9074567762 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JASON MILLER PO BOX 71396 FAIRBANKS AK 997071396 100969580 0 X FAIRBANKSHOSPITALFOUNDATION.COM X 1968 AK THE GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION WAS ESTABLISHED TOENSURE THAT WE NEVER AGAIN FACE THE PROSPECT OF A COMMUNITY WITHOUT HEALTH CARE BY: 1) PROVIDING FIRST-CLASS MEDICAL FACILITIES AND TECHNOLOGY 2) OVERSEEING AN EXCELLENT OPERATOR 3) CREATING AN ENVIRONMENT THAT ATTRACTS QUALITY, CARING PHYSICIANS WHO WISH TO BE A PART OF THE COMMUNITY, AND 4) CREATING PARTNERSHIPS TO DELIVER QUALITY PATIENT CARE. 27 26 0 106 0 0 619014 897872 40159528 40161728 8590051 3821680 42517 -103320 49411110 44777960 1738099 1525797 0 0 367705 308152 0 0 137469 30880218 32804233 32986022 34638182 16425088 10139778 517877782 499619360 108620046 99883840 409257736 399735520 X SEE SCHEDULE O 0 0 27437927 1525797 40067574 SEE SCHEDULE OGFCHF BUILDS/LEASES MEDICAL FACILITIES TO SERVE THE INTERIOR ALASKA COMMUNITY (100,000 + PEOPLE). IT LEASES AN EQUIPPED HOSPITAL/LONG-TERM CARE FACILITY, IMAGING CENTER, CANCER TREATMENT CENTER, AND HEART CENTER TO FOUNDATION HEALTH LLC (A RELATED NON-PROFIT ORGANIZATION) AND LEASES OTHER MEDICAL OFFICE FACILITIES TO CLINICS AND INDIVIDUAL DOCTORS AS WELL AS FOUNDATION HEALTH. GFCHF'S DEVELOPMENT PROGRAM IS FOCUSED ON SOLICITING CONTRIBUTIONS, INCREASING AWARENESS OF THE ORGANIZATION, AND ENGAGING THE COMMUNITY IN GFCHF EVENTS. BEHAVIORAL HEALTH, CIRCLE OF HOPE (CANCER CENTER) AND FMH MEDICAL HOSPICE ARE THE MOST ACTIVE CURRENT CAMPAIGNS. 27437927 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 25 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 26 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X JASON MILLER 9074585550 1650 COWLES STREET FAIRBANKS AK 99701 JEFF COOK TRUSTEE 1.90 1.90 X 0 0 0 WILLIAM VIVLAMORE SECRETARY, OUTGOING 0.20 0.10 X X 0 0 0 JOE FAULHABER VICE PRESIDENT 1.40 1.90 X X 0 0 0 MARGARET SODEN TRUSTEE 0.50 0.80 X 0 0 0 SCOTT BELL PRESIDENT 1.20 1.50 X X 0 0 0 WALTER CARLO TRUSTEE 0.10 0.10 X 0 0 0 ELIZABETH SCHOK TRUSTEE 0.50 0.40 X 0 0 0 RON DAVIS TRUSTEE 0.20 0.20 X 0 0 0 ANDREA GELVIN TRUSTEE 0.20 0.10 X 0 0 0 RICHARD HATTAN TRUSTEE 0.40 0.80 X 0 0 0 CHERYL KILGORE TRUSTEE 0.30 0.30 X 0 0 0 DAVID MCNARY TRUSTEE 0.40 0.10 X 0 0 0 RICHARD SEIFERT TRUSTEE 0.40 0.20 X 0 0 0 DON THIBEDEAU EMPLOYEE APPOINTEE 0.20 40.10 X 0 93360 4020 STEVE FRANK TREASURER 1.10 1.10 X X 0 0 0 BECKY ZAVERL TRUSTEE 0.10 X 0 0 0 BERNARD GATEWOOD TRUSTEE 0.40 0.40 X 0 0 0 GALEN JOHNSON TRUSTEE 0.70 0.40 X 0 0 0 MICHAEL SFRAGA TRUSTEE 0.00 X 0 0 0 BENJAMIN ROTH TRUSTEE 0.20 0.10 X 0 0 0 CHARLENE OSTBLOOM TRUSTEE 0.00 X 0 0 0 RYAN BINKLEY TRUSTEE 0.20 0.20 X 0 0 0 KAREN PERDUE SECRETARY, INCOMING 0.90 1.30 X X 0 0 0 BILL BAILEY TRUSTEE 0.00 X 0 0 0 MATT WILKEN TRUSTEE 0.10 X 0 0 0 DOUG TANSY TRUSTEE 0.30 0.10 X 0 0 0 KIM SCHUMACHER MED STAFF APPOINTEE 0.00 X 0 0 0 SHELLEY EBENAL ED/ GEN COUN 10.00 30.00 X 0 471982 42281 RUTH WENDLER CFO 20.00 X 36907 0 1476 36907 565342 47777 0 0 1 0 HURON CONSULTING SERVICES LLC 3005 MOMENTUM PLACE CHICAGO IL 60689 CONSULTING 3099786 BLAKE LLC PO BOX 73278 FAIRBANKS AK 99707 CONSTRUCTION 1799075 JOHNSON RIVER ENTERPRISES PO BOX 70377 FAIRBANKS AK 99707 CONSTRUCTION 1483637 GHEMM COMPANY INC 3861 SCHACHT STREET FAIRBANKS AK 99701 CONSTRUCTION 1458655 HVAC LLC 1528 RICHARDSON HWY NORTH POLE AK 99705 CONSTRUCTION 426008 13 286483 611389 897872 RENT HOSPITAL FACILITY 531120 31185335 31185335 RENT - TVC 531120 4654023 4654023 RENT DENALI CENTER 531120 1848852 1848852 RENT - 1919 LATHROP 531120 1693513 1693513 OTHER OFF CAMPUS PROPERTIES 531120 780005 780005 40161728 5341503 5341503 3404 3404 54373762 117130 55802835 211284 -1429073 -94154 -1523227 -94154 -1429073 74181 286483 177501 -103320 -103320 44777960 40067574 0 3812514 X 1481797 1481797 44000 44000 38631 38631 231197 132311 98886 3848 3848 14270 5560 8710 20206 12886 7320 50103 50103 240519 240519 3720777 84000 3636777 967 967 77735 77735 1149611 1149611 38962 38962 3012900 3012900 23755961 21018689 2737272 63866 63866 PROPERTY TAX 373809 373809 EDUCATION OUTREACH 235644 235644 1919 LATHROP 32802 32802 CREDIT RATING AGENCY FE 17500 17500 33077 4675 6816 21586 34638182 27437927 7062786 137469 659549 678298 52257193 56519681 93525 3328046 93866 30000 567732054 376459530 201010196 191272524 186400184 170349205 72671165 72671165 4692104 4770441 517877782 499619360 3705275 2827895 59476 1100 104855295 97054845 108620046 99883840 X 405789909 396134566 3467827 3600954 409257736 399735520 517877782 499619360 X 10139778 -19639989 -22005 X 0 1 X 1 0 X 838396 1473556 624967 619014 897872 4453805 838396 1473556 624967 619014 897872 4453805 4453805 5083186 5309689 5501403 5438354 5344907 26677539 31131344 161045486 0.14310 0.15580 X FOR TAX YEARS 2022 AND 2021, THE HOSPITAL FOUNDATION IS SHY OF HITTING THE AUTOMATIC PUBLIC CHARITY STANDARD OF 33.33 PERCENT UNDER 509(A)(1)/170(B) (1)(A)(VI). IT ACHIEVED (IN ROUNDED NUMBERS) 14 AND 16 PERCENT FOR 2022 AND 2021, RESPECTIVELY.BOTH YEARS' MATHEMATICAL RESULTS REFLECT THE PRESENCE, OVER THEIR RESPECTIVE TEST PERIODS, OF A VARIETY OF FACTORS THAT MAKE IT DIFFICULT FOR THE HOSPITAL FOUNDATION TO ACHIEVE A 33.33 PERCENT OR GREATER RESULT AS NOTED BELOW. THEIR PRESENCE (AND THE PUBLIC SUPPORT TEST PERCENTAGES RESULTING THEREFROM), DOES NOT MEAN THAT THE HOSPITAL FOUNDATION HAS FAILED TO BE SUPPORTED BY THE PUBLIC NOR THAT IT FAILS TO BE RESPONSIVE TO THE NEEDS OF THE WIDER PUBLIC. WITH RESPECT TO MEETING THE "FACTS AND CIRCUMSTANCES TEST" OVERALL, THE HOSPITAL FOUNDATION ALWAYS HAS SOLICITED SUPPORT FROM A LARGE POOL OF INDIVIDUALS AND CORPORATE FUNDERS IN AND REPRESENTATIVE OF THE WIDER COMMUNITY. IT CONTINUALLY WORKS TO ESTABLISH RELATIONSHIPS WITH POTENTIAL NEW CORPORATE AND/OR COMMUNITY "PARTNERS", INCLUDING OTHER 501(C)(3) PUBLIC CHARITIES AND AGENCIES WHOSE WORK OR GOALS ARE IN AFFINITY WITH THOSE OF THE HOSPITAL FOUNDATION. WHILE THE BOARD OF TRUSTEES AND THE HOSPITAL FOUNDATION'S OFFICERS PURSUE AN AMBITIOUS AND DIVERSE STRATEGY OF MAXIMIZING RETURN ON INVESTMENT ASSETS, THEY ARE WELL AWARE THAT SUCCESSES IN THAT FIELD MUST BE LEVERAGED TO THE END OF SOLICITING MORE DONATIVE SUPPORT. INDEED, THE BOARD OF TRUSTEES IS WELL SUITED TO SUCH TASK, AS ITS MEMBERS ARE BROADLY REPRESENTATIVE OF THE GENERAL PUBLIC, AND ARE THEMSELVES PERSONS WITH EXPERTISE IN THE HOSPITAL FOUNDATION'S UNDERTAKINGS AND PURPOSES AS WELL AS CAPABLE AND RESPECTED COMMUNITY LEADERS.PERCENTAGE OF SUPPORTAS INDICATED ON PAGE 2 OF SCHEDULE A, THE PUBLIC PERCENTAGE SUPPORT IS IN EXCESS OF 14 PERCENT. THIS CALCULATION INCLUDES INVESTMENT INCOME FROM FUNDS SET ASIDE FOR FUTURE CONSTRUCTION COSTS AND TO SATISFY BOND COMPLIANCE REQUIREMENTS. THESE INVESTMENTS HAVE GROWN IN SIZE, PARTIALLY BECAUSE BUILDING AND EQUIPMENT NEEDS IN THE PAST WERE FUNDED WITH CONTRIBUTIONS AND GRANTS FROM THE GOVERNMENT AND GENERAL PUBLIC AS WELL AS PROCEEDS FROM THE ISSUANCE OF BONDS. THIS HAS ALLOWED INCOME GENERATED FROM OPERATIONS TO BE AVAILABLE FOR INVESTMENT. MONEY FROM OPERATIONS IS NOW USED TO FUND CONSTRUCTION AND EQUIPMENT. THE HOSPITAL FOUNDATION'S MEDICAL CAMPUS GREW INCREMENTALLY OVER THE LAST 50 YEARS AND A CONTINUAL EXPANSION IS EXPECTED.IN 2004, THE HOSPITAL FOUNDATION EMBARKED ON A SERIES OF MAJOR CONSTRUCTION PROJECTS ON AND AROUND THE HOSPITAL CAMPUS ESTIMATED BETWEEN $175 MILLION TO $200 MILLION. BECAUSE OF ITS STRONG CASH AND INVESTMENT POSITION, THE HOSPITAL FOUNDATION WAS ABLE TO TAKE ADVANTAGE OF AN OPPORTUNITY TO BORROW $120 MILLION THROUGH THE ISSUANCE OF TAX-EXEMPT REVENUE BONDS ISSUED BY ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY. IN 2009, THE FOUNDATION ISSUED ADDITIONAL BONDS TO ASSIST IN THE CONSTRUCTION OF THE HARRY AND SALLY PORTER HEART CENTER. THE PROCEEDS FROM THE BOND ISSUANCE AND THE HOSPITAL FOUNDATION'S INVESTMENTS HAVE BEEN USED TO FINANCE THESE PROJECTS. THE 2009 BONDS WERE REFINANCED IN 2019.IN 2014, THE FOUNDATION BORROWED AN ADDITIONAL $55 MILLION THROUGH THE ISSUANCE OF TAX-EXEMPT REVENUE BONDS ISSUED BY ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY TO FUND THE CONSTRUCTION OF A NEW SURGERY CENTER.SOURCES OF SUPPORTINCLUDED IN CONTRIBUTIONS ARE MANY DONATIONS FROM THE GENERAL PUBLIC IN SUPPORT OF THE HOSPITAL FOUNDATION'S MEDICAL, LONG-TERM CARE, AND CANCER TREATMENT CENTER FACILITIES AND OPERATIONS. THE GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION OWNS THE ONLY CIVILIAN HOSPITAL IN THE FAIRBANKS NORTH STAR BOROUGH OF ALASKA AND SERVES PEOPLE THROUGHOUT THE FAIRBANKS NORTH STAR BOROUGH, AS WELL AS THE "BUSH AREAS" OF INTERIOR ALASKA. THE CLOSEST FACILITY OF THIS CALIBER IS IN THE ANCHORAGE AREA WHICH IS 360 MILES SOUTH OF FAIRBANKS. THE DONATIONS RECEIVED IN SUPPORT OF THE HOSPITAL FOUNDATION'S MEDICAL CAMPUS GENERALLY ARE FROM PEOPLE AND ORGANIZATIONS LOCATED IN INTERIOR ALASKA. DONATION DRIVES OCCUR REGULARLY TO FUND PARTICULARLY COSTLY ADDITIONS TO THE HOSPITAL FOUNDATION'S MEDICAL CAMPUS OR FOR EXPENSIVE EQUIPMENT, SUCH AS THE LAST DRIVE TO FUND THE CONSTRUCTION OF THE SURGERY CENTER. THIS PROJECT WAS FUNDED FROM DONATIONS FROM INDIVIDUALS AND LOCAL BUSINESS ENTERPRISES AND FROM PROCEEDS FROM ISSUANCE OF BONDS. DONATIONS ARE ALSO RECEIVED ON AN ON-GOING BASIS FROM INDIVIDUALS AND BUSINESS ENTERPRISES WISHING TO SUPPORT THE HOSPITAL FOUNDATION'S MISSION.GOVERNING BOARDTHERE ARE 27 VOLUNTEER MEMBERS OF THE BOARD OF TRUSTEES OF THE HOSPITAL FOUNDATION. TWENTY OF THE TRUSTEES ARE ELECTED AT ANNUAL MEETINGS BY THE MEMBERSHIP FOR STAGGERED THREE-YEAR TERMS. THE PRESIDENT APPOINTS TWO ADDITIONAL TRUSTEES TO ONE-YEAR TERMS, THE HOSPITAL MEDICAL STAFF ELECTS TWO ADDITIONAL TRUSTEES FOR THREE YEAR TERMS, AND THE EMPLOYEES OF THE OPERATING FACILITIES OWNED BY THE FOUNDATION ELECT ONE ADDITIONAL TRUSTEE FOR A THREE YEAR TERM. A GENERAL MEMBERSHIP TRUSTEE WHO HAS SERVED AS A TRUSTEE FOR AT LEAST TWENTY-FIVE YEARS IS ELIGIBLE TO BECOME AN EMERITUS TRUSTEE. THE TRUSTEES MUST BE MEMBERS OF THE HOSPITAL FOUNDATION. MEMBERSHIP TO THE HOSPITAL FOUNDATION IS $25 PER YEAR OR $1,000 TO BE A LIFETIME MEMBER. ANY INDIVIDUAL INTERESTED IN FOSTERING THE PURPOSES OF THE HOSPITAL FOUNDATION IS ELIGIBLE FOR MEMBERSHIP. EACH MEMBER IN GOOD STANDING IS ELIGIBLE TO VOTE AT THE ANNUAL MEETING.AVAILABILITY OF PUBLIC FACILITIES OR SERVICESTHE FACILITIES AND SERVICES OF THE HOSPITAL FOUNDATION'S MEDICAL CAMPUS AND ALL OF ITS RESOURCES ARE AVAILABLE TO ANY MEMBER OF THE GENERAL PUBLIC, REGARDLESS OF WHERE THEY LIVE. THIS INCLUDES CITIZENS OF THE FAIRBANKS NORTH STAR BOROUGH, INDIVIDUALS WHO LIVE IN RURAL ALASKA, AS WELL AS TOURISTS AND VISITORS TO OUR COMMUNITY.PUBLIC PARTICIPATION IN PROGRAMS OR POLICIESTHE HOSPITAL FOUNDATION IS A VISIBLE MEMBER OF THE COMMUNITY AND OFFERS ITS MEDICAL FACILITIES FOR USE BY MEDICAL AND HEALTH PROFESSIONALS, AND THE GENERAL PUBLIC FOR INFORMATION AND EDUCATION CAMPAIGNS. THE HOSPITAL FOUNDATION QUALIFIES AS A CHARITABLE ORGANIZATION UNDER ORDINANCES ENACTED BY THE ELECTED OFFICIALS OF OUR LOCAL GOVERNMENT, THE FAIRBANKS NORTH STAR BOROUGH, AND IS THEREFORE EXEMPT FROM LOCAL PROPERTY TAXES. SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GAMING INCOME - RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 264882 -22005 242877 238869 26013 264882 272712 13657 47500 238869 268164 4548 272712 257000 11164 268164 1.00000 1 0 16153678 16153678 411883621 266080457 145803164 129807589 104840276 24967313 9887166 5538797 4348369 191272524 INVESTMENT IN FOUNDATION HEALTH LLC 72671165 C 72671165 X 25293467 -19639989 155496 -19484493 44777960 0 44777960 34815683 177501 177501 34638182 0 34638182 PART V, LINE 4: THE PRINCIPAL OF THE ENDOWMENT FUNDS IS PERMANENTLY RESTRICTED AND THE INCOME IS TO BE USED FOR OPERATIONS. PART X, LINE 2: THE IRS HAS DETERMINED THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER PROVISION OF SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ENTITY DESCRIBED IN SECTION 501(C)(3), AND NOT AS A PRIVATE FOUNDATION, EXCEPT FOR UNRELATED BUSINESS INCOME TAX. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THESE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 177,501. GAIN (LOSS) ON ALASKA COMMUNITY FOUNDATION -22,005. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 177,501. FNFF 93416 85550 7866 950 31283 40362 BEHAVIORAL HEALTH GALA 211097 196396 14701 1500 26255 3600 49602 1 46172 4537 41635 8524 350685 286483 64202 2450 26255 34883 98488 162076 -97874 1 FOUNDATION HEALTH 1650 COWLES STREET FAIRBANKS AK 99701 813021580 501C3 1481797 0 COMMUNITY EDUCATION 1 STIPENDS 7 44000 PART I, LINE 2: GRANT FUNDS TO FOUNDATION HEALTH ARE BASED ON REIMBURSEMENTS OF ACTUAL EXPENSES. AMOUNTS ARE PAID UPON RECEIPT OF INVOICES. PART II, LINE 1: ASSISTANCE PROVIDED TO FOUNDATION HEALTH, LLC IS REIMBURSEMENT FOR FAIRBANKS MEMORIAL HOSPITAL'S MANAGED OUTREACH PROGRAM. PART III, LINE 1: STIPENDS ARE OFFERED TO A LIMITED NUMBER OF MEDICAL STUDENTS TO ASSIST IN HOUSING COSTS. 0 0 0 0 0 0 0 0 0 SHELLEY EBENAL ED/ GEN COUN 0 429923 0 33218 0 8841 0 12200 0 30081 0 514263 0 0 PART III - OTHER ADDITIONAL INFORMATION PART I, LINE 3:FOUNDATION HEALTH, LLC IS THE COMMON PAYMASTER FOR THE GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION. THE FOUNDATION HEALTH COMPENSATION COMMITTEE APPROVES THE COMPENSATION PHILOSOPHY AND ALL EXECUTIVE COMPENSATION. A CONSULTANT WAS HIRED TO ASSIST WITH EXECUTIVE MARKET ANALYSIS AND RECOMMENDATIONS SO THE COMPENSATION FOR THE CEO WAS BASED ON RECOMMENDED WAGE RANGES AND THE COMPENSATION COMMITTEE APPROVED THE ACTUAL AMOUNT. THE COMMITTEE ALSO CREATED AN EXECUTIVE BONUS PROGRAM BASED ON MEETING SOME APPROVED ORGANIZATIONAL METRICS, INCLUDING MEETING BUDGETARY GOALS. THE EXECUTIVE DIRECTOR OF THE GREATER FAIRBANKS COMMUNITY HOSPITAL IS ALSO THE CEO OF FOUNDATION HEALTH PARTNERS AND THE COMPENSATION LISTED IS FOR BOTH POSITIONS. THE CEO HAS A WRITTEN AGREEMENT WITH FOUNDATION HEALTH, LLC CONCERNING HER COMPENSATION. FOUNDATION HEALTH PARTICIPATES IN MANY COMPENSATION SURVEYS AND HAS A CONTRACT WITH A COMPENSATION ANALYST WHICH ESSENTIALLY PUTS SURVEYS TOGETHER IN ONE PLACE FOR CONSOLIDATED ANALYSIS. A AIDEA 926001185 011903EX5 2014-04-03 54892789 FUND HOSPITAL PROJECT 0 0 0 B AIDEA 926001185 011903HBO 2019-12-19 78620483 REFUND PRIOR ISSUE DATED 4/1/09 & 11/05/09 0 0 0 A 2170000 54892789 4024325 866060 50002404 0 0 1 1 B 4200000 78620483 408922 78211561 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 1 0 0 1 CITIGROUP 12.000000000000 1 0 0 B 0 1 0 0 0 0 0 0 0 A 0 B 0 SCHEDULE K, PART IV, LINE 2C DATE REBATE COMPUTATION PERFORMED: AIDEA 05/21/19 FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDATION HAS FOUR CLASSES OF MEMBERS, AND MEMBERSHIP IS ON AN ANNUAL BASIS. THE DESIGNATION OF SUCH CLASSES AND THE QUALIFICATIONS OF THE MEMBERS OF SUCH CLASSES ARE AS FOLLOWS: A) GENERAL MEMBERSHIP. ANY INDIVIDUAL WHO IS A RESIDENT OF ALASKA AND WHO IS NOT A MEMBER OF THE CLASSES SET FORTH IN (B)-(C) IS ELIGIBLE FOR A GENERAL MEMBERSHIP IN THE FOUNDATION. (B) FACILITY MEMBERSHIP. ANY INDIVIDUAL, WHO IS AN EMPLOYEE OF FOUNDATION HEALTH, AND OR ITS SUBSIDIARIES OR AFFILIATED COMPANIES, IS ELIGIBLE FOR A FACILITY MEMBERSHIP IN THE FOUNDATION. (C) MEDICAL STAFF MEMBERSHIP. ANY INDIVIDUAL WHO IS A CREDENTIALED MEMBER OR AFFILIATE OF THE MEDICAL STAFF OF THE FACILITIES OWNED BY THE FOUNDATION AND WHO IS NOT ELIGIBLE FOR A FACILITY MEMBERSHIP SHALL BE ELIGIBLE FOR A MEDICAL STAFF MEMBERSHIP IN THE FOUNDATION. (D) ASSOCIATED MEMBERSHIP. ANY PERSON NOT ELIGIBLE FOR MEMBERSHIP IN THE FOUNDATION UNDER (A)-(C) ABOVE IS ELIGIBLE FOR AN ASSOCIATE MEMBERSHIP IN THE FOUNDATION. ASSOCIATE MEMBERSHIP MEMBERS MAY INCLUDE CORPORATIONS, UNINCORPORATED ASSOCIATIONS, OR OTHER ENTITIES. ASSOCIATE MEMBERS DO NOT HAVE ANY RIGHTS OF GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A EACH CLASS MEMBER IN GOOD STANDING SHALL BE ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE FOR THE CLASS, EXCEPT THAT ASSOCIATE MEMBERS HAVE NO VOTING RIGHTS OF ANY KIND WITH RESPECT TO THE FOUNDATION. AN ANNUAL MEETING OF THE MEMBERS SHALL BE HELD IN MAY OF EACH YEAR FOR THE PURPOSE OF THE ELECTION OF TRUSTEES OF THE FOUNDATION, THE REVIEW OF ANNUAL REPORTS, AND A DISCUSSION OF FOUNDATION BUSINESS AND ACTIVITIES. THE AFFAIRS OF THE FOUNDATION SHALL BE MANAGED SOLELY BY ITS BOARD OF TRUSTEES. TRUSTEES MUST BE RESIDENTS OF THE STATE OF ALASKA. THE GENERAL MEMBERSHIP SHALL ELECT TWENTY TRUSTEES FROM THE CLASS OF GENERAL MEMBERS TO SERVE FOR THREE YEAR TERMS. ONE TRUSTEE SHALL BE ELECTED ON BEHALF OF THE FACILITY MEMBERSHIP. THE MEDICAL STAFF SHALL ELECT TWO TRUSTEES FROM THE MEDICAL STAFF. THE PRESIDENT SHALL APPOINT TWO INDIVIDUALS TO SERVE AS TRUSTEES FOR ONE YEAR TERMS. A GENERAL MEMBERSHIP TRUSTEE WHO HAS SERVED AS A TRUSTEE FOR AT LEAST TWENTY-FIVE YEARS SHALL BECOME AN EMERITUS TRUSTEE. AN EMERITUS TRUSTEE SHALL BE A LIFELONG TRUSTEE WITH ALL RIGHTS AND PRIVILEGES OF A GENERAL MEMBERSHIP TRUSTEE, INCLUDING BUT NOT LIMITED TO VOTING RIGHTS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS SENT VIA EMAIL TO THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS IS REQUIRED ON AN ANNUAL BASIS TO SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; B) HAS READ AND UNDERSTANDS THE POLICY; C) HAS AGREED TO COMPLY WITH THE POLICY; D) HAS DISCLOSED ALL KNOWN ACTUAL AND POSSIBLE CONFLICTS OF INTEREST INVOLVING SUCH PERSON AND HIS/HER FAMILY; AND E) UNDERSTANDS THAT THE FOUNDATION IS A TAX-EXEMPT 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. TO ENSURE THAT THE FOUNDATION OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE REQUIRED TO BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: COMPENSATION PROCESS FOR TOP OFFICIAL - THE EXECUTIVE COMMITTEE VOTED TO RETAIN THE EXECUTIVE DIRECTOR/GENERAL COUNSEL ON THE TERMS OF THE EMPLOYMENT AGREEMENT PROPOSED BY THE HIRING COMMITTEE IN 2007. IN 2022, FOUNDATION HEALTH LLC WAS THE COMMON PAY MASTER FOR THE HOSPITAL FOUNDATION. FOUNDATION HEALTH'S BOARD COMPENSATION COMMITTEE MONITORS SENIOR LEADERSHIP COMPENSATION. THE COMPENSATION IN 2022 WAS SET WITHIN THE PERMISSIBLE RANGES PER FOUNDATION HEALTH'S HUMAN RESOURCES DEPARTMENT. THESE RANGES ARE ESTABLISHED BY THE FOUNDATION HEALTH PARTNER'S HUMAN RESOURCES COMPENSATION AND BENEFITS TEAM AND REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE. LINE 15B: COMPENSATION PROCESS FOR OFFICERS - THE FINANCE COMMITTEE VOTED TO HIRE THE CHIEF FINANCIAL OFFICER IN 2013. IN 2022, FOUNDATION HEALTH LLC WAS THE COMMON PAYMASTER FOR THE HOSPITAL FOUNDATION. THE COMPENSATION IN 2022 WAS SET WITHIN THE PERMISSIBLE RANGES PER FOUNDATION HEALTH PARTNER'S HUMAN RESOURCES DEPARTMENT. THESE RANGES ARE ESTABLISHED BY THE FOUNDATION HEALTH PARTNER'S HUMAN RESOURCES COMPENSATION AND BENEFITS TEAM AND REVIEWED ANNUALLY BY THE HUMAN RESOURCES DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE AT THE FOUNDATION'S ANNUAL MEETING. THE FINANCIAL STATEMENTS, ALONG WITH GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY, ARE ALSO AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS CAN BE ACCESSED VIA THE WEBSITE FOR ELECTRONIC MUNICIPAL MARKET ACCESS HTTP://EMMA.MSRB.ORG. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 84,000. MANAGEMENT AND GENERAL EXPENSES 3,636,777. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,720,777. FORM 990, PART XI, LINE 9: LOSS ON ALASKA COMMUNITY FOUNDATION -22,005. FOUNDATION HEALTH LLC 1650 COWLES ST FAIRBANKS AK 99701 813021580 HEALTHCARE AK 501(C)(3) LINE 3 GREATER FAIRBANKS COMM HOSPITAL FDN INC 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 FOUNDATION HEALTH LLC A 38587387 CASH FOUNDATION HEALTH LLC J 38587387 CASH FOUNDATION HEALTH LLC O 308152 CASH FOUNDATION HEALTH LLC B 1481797 CASH