2016-05-12T15:18:37-07:00 2015-06-30 Clark Nuber PS 10900 NE 4th St Ste 1700 Bellevue WA 98004 990 2014-07-01 911050325 Overlake Hospital Foundation OVER 4256885000 1035 - 116th Avenue NE Bellevue WA 98004 Gary McLaughlin CFO 2016-04-16 true Sara Elizabeth J Hyre P00235495 4257096200 2014 2016-08-17 19:52:53Z Mary Beth Stearns 1035 - 116th Ave NE Bellevue WA 98004 13724991 false false X www.overlakehospital.org/support X 1978 WA The purpose of Overlake Hospital Foundation is to advance and improve medical and health care excellence by providing fundraising and other support to Overlake Hospital Medical Center for new facilities, modern equipment and comprehensive services and programs. 23 22 12 106 0 4879176 7855340 0 617576 391209 -42532 -222356 5454220 8024193 3165440 4561259 0 846806 964443 0 740296 300556 325683 4312802 5851385 1141418 2172808 13287310 15290194 157813 146409 13129497 15143785 The purpose of Overlake Hospital Foundation is to advance and improve medical and health care excellence by providing fundraising and other support to Overlake Hospital Medical Center for new facilities, modern equipment and comprehensive services and programs. false false 4561259 4561259 Overlake Hospital Foundation raised $6,392,140 in contributions / pledges from donors. The Foundation provided $4,561,259 of financial support to Overlake Hospital Medical Center for new facilities, modern equipment and comprehensive services and programs. The difference between contribution revenue and the support provided to Overlake Hospital is due to the timing of pledge payments. 4561259 true true false false false false false false true true true false false false false false true true false false false false false false true true false true false true false false false false false false false false false false false true false false false false true false false false false true 0 0 false 12 true false false false false false false true true false 0 false false false false false false false false false false X 23 22 false false false false true true true true true false false false true true true true true true false false WA X Eric Teshima 4256885149 1231 - 116th Ave NE Suite 600 Bellevue WA 98004 Ted Herb Chairman 1.00 0.00 X X 0 0 0 Jason Thompson Chair Elect 2.50 0.00 X X 0 0 0 Tiffany Koenig Secretary 0.50 0.00 X X 0 0 0 David Goldstein Treasurer 1.00 0.00 X X 0 0 0 Linda Mahaffey Past Chair 2.00 0.00 X X 0 0 0 Brittany Barker Trustee 1.00 0.00 X 0 0 0 Merrill Behnke Trustee 2.00 0.00 X 0 0 0 Lauren Bennett Trustee 1.50 0.00 X 0 0 0 Ned Clapp Trustee 0.50 0.00 X 0 0 0 Phillip Corneil Trustee 2.00 0.00 X 0 0 0 Patricia Donnellan Trustee 2.00 4.00 X 0 0 0 Sarah Doud Trustee 2.00 0.00 X 0 0 0 Patty Edwards Trustee 1.00 0.00 X 0 0 0 Alice Harris Trustee 1.00 0.00 X 0 0 0 Dan Kwon Trustee 1.00 0.00 X 0 0 0 Warren Michelsen Trustee 1.00 0.00 X 0 0 0 Steve Nicholes Trustee 3.00 0.00 X 0 0 0 John O'Rourke Trustee 2.00 0.00 X 0 0 0 Mark Quehrn Trustee 0.50 0.00 X 0 0 0 Sue Raschella Trustee 2.00 0.00 X 0 0 0 Tara Reimers MD Trustee 0.50 0.00 X 0 0 0 Cecille Schuman Trustee 3.00 2.00 X 0 0 0 Vandana Slatter Trustee 0.50 0.00 X 0 0 0 Susan Smith Trustee 1.00 0.00 X 0 0 0 Roger Stark MD Trustee 1.50 0.00 X 0 0 0 TJ Woosley Trustee 1.50 0.00 X 0 0 0 Mary Beth Stearns Chf Dev Officer 48.50 1.50 X 265344 8206 54757 J Michael Marsh President & CEO 10.00 60.00 X 0 479314 119648 Gary McLaughlin CFO 5.00 55.00 X 0 881663 144834 Stephanie Stewart Dept. Director 40.00 0.00 X 137188 0 8459 Craig Hendrickson Former Pres/CEO 0.00 0.00 X 0 950635 132201 402532 2319818 459899 2 true true false 0 958293 1648849 5248198 717701 7855340 0 501345 501345 0 0 0 5124559 5234695 -110136 -110136 -110136 197057 958293 455443 -258386 -258386 46690 10660 36030 36030 0 0 8024193 168853 4561259 4561259 0 0 0 278098 111239 166859 0 573906 191840 382066 0 60858 20343 40515 51581 17242 34339 0 71 71 0 0 0 53414 53414 95726 15154 80572 6170 6170 42360 12879 29481 0 0 64995 64995 5847 5705 142 0 2314 2314 0 0 33834 33834 0 Membership Dues 20323 20323 Other Expenses 629 477 152 0 5851385 4561259 549830 740296 154187 361117 90426 54468 1507570 3345724 0 0 0 0 0 6911 30691 430868 390761 73941 40107 11453962 11457852 0 0 0 313 235 13287310 15290194 72869 67466 84944 78943 157813 146409 X 4254999 4391169 3407176 5270194 5467322 5482422 13129497 15143785 13287310 15290194 2172808 -158520 X false true X true false X 2972449 5451059 4075063 4879176 7855340 25233087 0 0 2972449 5451059 4075063 4879176 7855340 25233087 5466948 19766139 196831 218131 221391 410511 501345 1548209 0 0 26781296 0.73810 0.79360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 11133164 104663 219356 -322730 11134453 9681908 286639 1491986 -327369 11133164 8373334 569145 852025 -112596 9681908 8219772 198722 181153 -226313 8373334 7076049 50150 1273817 -180244 8219772 0.29910 0.48880 0.21210 false false false 154803 151247 3556 276065 239514 36551 40107 8220533 -158520 18333 -53414 -193601 8414134 -389941 -389941 8024193 6206245 18333 389941 408274 5797971 53414 53414 5851385 Part IV, Line 2b: Explanation of escrow account liability Annuities are held in a custodial account (BNY Mellon). The assets and liability are reported on the balance sheet. Part V, Line 4: Intended uses of the endowment fund. Endowment distributions are used to support capital and operational needs of Overlake Hospital Medical Center as directed by the individual Endowment purpose. Part XII, Line 2d: Other expenses and losses per audited F/S Fundraising Event Expenses $455443 Inkind Donations $-65502 false Bandage Ball 885378 703476 181902 165587 115191 108291 Corp Lunch 269972 254817 15155 18119 22840 25415 1155350 958293 197057 183706 138031 133706 455443 -258386 false false 46690 10660 true 1.00000 46690 10660 10660 36030 WA true false true false 1.00000 Eric Teshima 1035 - 116th Ave NE Bellevue WA 98004 false Mary Beth Stearns General oversight X false true Overlake Hospital Medical Center 1035 - 116th Ave NE Bellevue WA 98004 910652651 501(c)3 4554075 7184 Other I-PADS, Blankets. Support Overlake Hospital 1 0 Grantmaker's Description of How Grants are Used Overlake Hospital Foundation staff notifies the Overlake Hospital Medical Center Accounting staff when there is a specific grant. If the grant is for operational expenses that the Hospital does not incur in the normal course of business, the appropriate department in the hospital is contacted to develop plans and timing for using the funds as designated. If the grant is for capital, the Accounting staff will monitor when the capital has been purchased and release the grant from restriction. When the department makes the expenditure, accounting is notified, and the restriction of the grant is released. X X X X X false true false false false false false true false false Craig Hendrickson Former Pres/CEO 348086 203980 398569 125273 6928 1082836 163864 Gary McLaughlin CFO 437133 317896 126634 127794 17040 1026497 100350 J Michael Marsh President & CEO 460126 19188 109945 9703 598962 Mary Beth Stearns Chf Dev Officer 213381 6599 41064 1270 10899 337 46317 1432 6798 210 318459 9848 Stephanie Stewart Dept. Director 130581 6455 152 8459 145647 Part I, Line 7: Non-Fixed payments not listed above Management incentive for the Chief Development Officer is contingent on Overlake Hospital Association's consolidated net operating income for the fiscal year being at least 100% of the net operating income budget. The incentive payment is then based on a combination of meeting organizational and individual goals. X 7184 FMV X 6 634355 FMV X Auction Items 170 65502 FMV X Raffle Packages 3 10660 FMV false true false Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Overlake Hospital Medical Center is the sole member of Overlake Hospital Foundation. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Overlake Hospital Medical Center has the right to appoint and remove Overlake Hospital Foundation's Trustees. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Overlake Hospital Medical Center, as sole member, must approve: (a) any sale or lease of all or substantially all of the assets of the corporation; (b) any single transaction increasing long term indebtedness by an amount exceeding five percent of the total assets of the corporation during a fiscal year of the corporation; (c) the annual budget of the corporation and any material amendments thereto; (d) the auditors of the corporation; and (e) any amendments to the articles of incorporation and bylaws of the corporation. Form 990, Part VI, Line 11b: Form 990 Review Process The 990 is prepared internally and reviewed by an independent accounting firm. The 990 is then reviewed by Chief Development Officer, President & CEO, CFO, Overlake Hospital Medical Center VP Clinical Integration & CCO, Overlake Hospital Medical Center Chief Human Resources Officer, and Overlake Hospital Medical Center Finance Committee. A public disclosure copy is distributed to the Foundation board members prior to submission to the IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Board members and management annually sign a statement which affirms that such person: 1) has received a copy of the Conflict 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 their federal tax exemption they must avoid conflicts of interest and engage primarily in activities which accomplish one or more of their tax-exempt functions. A list of all financial interests or other relationships with any organization that has, or can be reasonably expected to have, a transaction with the corporation, competes against the corporation, or whose interest materially conflicts with the interest of the corporation is submitted annually to the Overlake Hospital Medical Center Compliance Officer for review. The Compliance Officer summarizes any conflicts of interest and discusses these results with the Chair of the Audit & Compliance Committee, CEO, Overlake Hospital Medical Center Chief Human Resources Officer and General Counsel. This information is also shared with the Board Chairman, Chair-Elect, Committee Chairs, and the CFO. At board meetings, members are expected to recuse themselves from voting on issues when there is a conflict of interest. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Overlake's policy and process for Executive Compensation is fully documented in the "Executive Compensation Administration and Compliance Manual". This manual details the charter of the Compensation Committee of the Board, the compensation philosophy and how salary increases, incentives, benefits and perquisites are administered. Compensation Committee members are independent board members as required by the Charter and By-laws. The process includes an independent consultant who works directly for the Compensation Committee and review of comparable data from external sources. All compensation related decisions for the Foundation's Chief Development Officer Mary Beth Stearns are deliberated and voted on by the Overlake Hospital Medical Center/Overlake Hospital Association/Overlake Hospital Foundation Compensation Committee and documented in the minutes of the meeting. Officers J. Michael Marsh and Gary McLaughlin are paid by related affiliate Overlake Hospital Medical Center. The most recent compensation review was at the 9/2/14 Compensation Committee meeting. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Overlake's policy and process for Executive Compensation is fully documented in the "Executive Compensation Administration and Compliance Manual" which was last updated April 2012. This manual details the charter of the Compensation Committee of the Board, the compensation philosophy and how salary increases, incentives, benefits and prerequisites are administered. Compensation Committee members are independent board members as required by the Charter and By-laws. The process includes an independent consultant who works directly for the Compensation Committee and a review of comparable data from external sources. All compensation related decisions for the CEO, COO and Vice Presidents and Foundation Chief Development Officer are discussed, deliberated and voted on by the Compensation Committee and documented in the minutes of the meeting. Officers Craig Hendrickson and Gary McLaughlin are paid by related affiliate Overlake Hospital Medical Center. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Overlake Hospital Foundation makes its governing documents, conflict of interest policy available through the Hospital's administration office. The Overlake Hospital Medical Center consolidated financial statements are available on the Overlake Medical Center's web site. Form 990, Part I, Line 6 Overlake Hospital Foundation had 26 board members that volunteered their time as board members during the year. Another 80 volunteers assisted with special events. Form 990, Part V, Line 2a and 2b Employees are paid through the use of a common paymaster and reported on the Form W-3 and other required filings of Overlake Hospital Medical Center. Form 990, Part V, Line 7g and 7h Overlake Hospital Foundation did not receive any contributions of intellectual property, cars, boats, airplanes, or other vehicles. Form 990, Part VII Overlake Hospital Foundation staff are paid by its related organization (Overlake Hospital Medical Center) through a common paymaster. These payroll expenses are charged to Overlake Hospital Foundation. Overlake Hospital Medical Center 1035 - 116th Ave NE Bellevue WA 98004 910652651 Hospital WA 501(c)(3) 3 Overlake Hospital Association false Overlake Hospital Auxiliaries 1035 - 116th Ave NE Bellevue WA 98004 237297831 Fund Raising WA 501(c)(3) 7 Overlake Hospital Medical Center false Overlake Hospital Association 1035 - 116th Ave NE Bellevue WA 98004 911274134 Rent Medical and office space to Hospital WA 501(c)(3) 11-Type II NA false false true true false false false false false false false false true false true true false false false false