2011-05-16T18:20:48-05:00 2010-06-30 KMH LLP 1003 BISHOP STREET SUITE 2400 HONOLULU HI 96813 990 2009-07-01 990215841 Hawaii Residency Programs Inc HAWA 8085862890 1356 LUSITANA ST UNIVERSITY Twr No 510 HONOLULU HI HI 96813 RICHARD PHILPOTT 8085862890 2011-05-16 1 DEANNA C AWA 8085262255 2009 2016-02-24 21:20:13Z RICHARD PHILPOTT 1356 LUSITANA ST UNIVERSITY Twr No 510 HONOLULU HI HI 96813 17661009 0 X www.hawaiiresidency.org X 1982 HI SEE SCHEDULE O.PROVIDE RESIDENT DOCTORS WITH THE OPPORTUNITY TO FURTHER THEIR PROFESSIONAL EDUCATION THROUGH SUPERVISED SERVICE TO PATIENTS IN COMMUNITY HOSPITALS AND OTHER HEALTH CARE FACILITIES. 6 5 372 0 0 0 0 17903116 17271363 44544 2070 387576 17947660 17661009 0 0 15532059 15809803 0 0 2642523 1562067 18174582 17371870 -226922 289139 5285509 5593782 4244494 4263628 1041015 1330154 TO PROVIDE BETTER MEDICAL CARE FOR THE PEOPLE OF HAWAII BY THE ADVANCEMENT OF MEDICAL EDUCATION AND TRAINING FOR MEDICAL RESIDENTS IN THE STATE OF HAWAII. 0 0 16367641 17658939 PROVIDED POST GRADUATE MEDICAL TRAINING AND EDUCATION FOR 222 FULL-TIME EQUIVALENT RESIDENTS AND FELLOWS IN EIGHT (8) SPECIALTIES & SEVEN (7) SUB-SPECIALTIES INCLUDING INTERNAL MEDICINE, SURGERY, TRANSITIONAL, PSYCHIATRY, CHILD AND ADOLESCENT PSYCHIATRY, PATHOLOGY, OBSTETRICS, GYNECOLOGY, PEDIATRICS, ORTHOPAEDIC SURGERY, GERIATRICS AND FAMILY PRACTICE. 16367641 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 26 0 372 1 0 0 0 0 0 0 0 0 0 6 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 1 1 0 HI X RICHARD PHILPOTT 8085862890 1356 LUSITANA STREET UNIVERSITY HONOLULU HI 96813 R DON OLDEN 1.00 X X 0 0 0 ART USHIJIMA 1.00 X X 0 0 0 GARY KAJIWARA 1.00 X 0 0 0 RAYMOND VARA 1.00 X 0 0 0 JERRIS HEDGES 1.00 X 0 0 0 RICHARD PHILPOTT 40.00 X X 189162 0 5558 KIM PATTERSON 40.00 X 98447 0 8410 287609 0 13968 1 0 1 0 MARR JONES AND WANG LLLP 1003 BISHOP STREET STE 1500 HONOLULU HI 96813 LEGAL 102133 1 MEMBER INSTITUTIONS 611710 16418364 16418364 HAWAII DEPT OF HEALTH 611710 718704 718704 UNIVERSITY OF HAWAII 611710 134295 134295 17271363 2070 2070 RECOVERIES OF BAD DEBT 611710 387576 387576 387576 17661009 17658939 0 2070 293069 293069 13297905 12895013 402892 94064 74338 19726 1225585 1189144 36441 899180 855811 43369 123079 93694 29385 22185 22185 19159 19159 128744 113932 14812 18446 16538 1908 88995 74107 14888 55518 55518 33934 24231 9703 45789 570 45219 EDUCATION 550344 537669 12675 OTHER 268011 256669 11342 LICENSES & FEES 160616 136818 23798 EQUIPMENT 38742 36138 2604 REPAIRS & MAINTENANCE 8505 7451 1054 17371870 16367641 1004229 0 3135433 3431864 1964680 1923574 78260 154847 381296 297799 107136 83497 5285509 5593782 232802 252060 4011692 4011568 4244494 4263628 X 1041015 1330154 1041015 1330154 5285509 5593782 X 0 1 1 X 0 X 15974741 16557613 16859636 17903116 17271363 84566469 15974741 16557613 16859636 17903116 17271363 84566469 0 1229857 1337334 1240395 842148 680265 5329999 1229857 1337334 1240395 842148 680265 5329999 79236470 111535 118296 113878 44544 2070 390323 111535 118296 113878 44544 2070 390323 16086276 16675909 16973514 17947660 17273433 84956792 0.93270 0.92230 0.00460 0.00680 X 381296 297799 83497 83497 ADVANCE DEPOSITS 4011568 4011568 17661009 17371870 289139 0 289139 20345726 256324 2428393 2684717 17661009 0 17661009 17831963 256324 203769 460093 17371870 0 17371870 Part XII, Line 2d - Other Adjustments: HRP, INC. - PROFESSIONAL LIABILITY TRUST FUND: 943054. HRP, INC. - GRADUATE MEDICAL EDUCATION TRUST FUND: 1485339. Part XIII, Line 2d - Other Adjustments: HRP, INC. - PROFESSIONAL LIABILITY TRUST FUND: 123818. HRP, INC. - GRADUATE MEDICAL EDUCATION TRUST FUND: 79951. X X X 0 0 0 0 0 0 0 0 0 RICHARD PHILPOTT 189162 0 0 0 0 0 0 0 5558 0 194720 0 0 0 Form 990, Part VI, Section A, line 6 THE ORGANIZATION HAS ONE CLASS OF MEMBERS. RIGHTS INCLUDE THE POWER TO CHANGE OR AMEND THE ARTICLES OF INCORPORATION AND TO PRESCRIBE THE POWERS OF THE GOVERNING BODY. Form 990, Part VI, Section A, line 7a THE MEMBERS SET THE ARTICLES OF INCORPORATION AND THE BY-LAWS. BY VIRTUE OF THE ARTICLES OF INCORPORATION AND THE BY-LAWS, MEMBERS PROVIDE FOR THE SELECTION OF ALL DIRECTORS. DIRECTORS MAY AMEND THE BY-LAWS. Form 990, Part VI, Section B, line 11 THE FORM 990 is REVIEWED AND APPROVED BY THE OPERATIONS AND FINANCE COMMITTEE AND THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, line 12c EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN ADDITION, THE ORGANIZATION CONDUCTS PERIODIC REVIEWS TO ENSURE THAT IT OPERATES IN COMPLIANCE WITH THIS POLICY, CONSISTENT WITH CHARITABLE PURPOSES, AND DOES NOT ENGAGE IN ACTIVITIES WHICH COULD JEOPARDIZE ITS TAX EXEMPT STATUS. Form 990, Part VI, Section B, line 15 A) FOR CEO: CEO SUBMITS A COMPENSATION MEMO TO THE BOARD OF DIRECTORS WHICH INCLUDES COMPENSATION HISTORY AS WELL AS LOCAL AND NATIONAL DATA ON COMPARATORS FOR SIMILAR OR CLOSELY RELATED NON-PROFIT ENTITIES. THE BOARD OF DIRECTOS REVIEWS, DISCUSSES, AND VOTES ON A COMPENSATION LEVEL. B) FOR OTHER OFFICERS AND KEY EMPLOYEES: MANAGERS WHO ARE COMPENSATED AT OR ABOVE $50,000 (BUT LESS THAN $100,000) SUBMIT A BI-ANNUAL COMPENSATION MEMORANDUM. ALTHOUGH THERE ARE CURRENTLY NO MANAGERS AT OR ABOVE $100,000 (WITH THE EXCEPTION OF THE CEO), SHOULD THAT OCCUR, AN ANNUAL COMPENSATION MEMORANDUM IS REQUIRED. THESE COMPENSATION MEMORANDA ARE REVIEWED BY THE OPERATIONS AND FINANCE SUBCOMMITTEE, WHICH NORMALLY DECIDES THE MATTER UNLESS THERE ARE SIGNIFICANT CHANGES IN COMPENSATION, IN WHICH CASE, THE RECOMMENDATION IS MADE TO THE BOARD WHICH DECIDES THE MATTER AFTER REVIEWING LOCAL AND NATIONAL COMPARATORS. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST WITHIN THE TIME LIMITS REQUIRED BY LAW. DOCUMENTS MAY BE REVIEWED IN THE CORPORATE OFFICE. FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE CONSISTING OF MEMBERS OF THE OPERATIONS AND FINANCE COMMITTEE WHO ARE APPOINTED BY THE MEMBERS AND DIRECTORS. THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE OVERSIGHT PROCESS OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEARS. FORM 990, PART X FINANCIAL STATEMENT PRESENTATION THE AUDITED FINANCIAL STATEMENTS ARE A CONSOLIDATION OF HAWAII RESIDENCY PROGRAMS, INC. (EIN: 99-0215841), HAWAII RESIDENCY PROGRAMS, INC. TRUST FOR PROFESSIONAL LIABILITY ("PLT")(EIN: 99-0257950), AND HAWAII RESIDENCY PROGRAMS, INC. TRUST FOR GRADUATE MEDICAL EDUCATION ("GMET")(EIN: 26-6303324). PLT AND GMET EACH FILE A SEPARATE FORM 990. THEREFORE, THIS RETURN REFLECTS HAWAII RESIDENCY PROGRAMS, INC.'S BALANCE SHEET ON A STAND ALONE BASIS NOT INCLUDING ASSETS, LIABILITIES, AND FUND BALANCES OF PLT OR GMET. THE PRESENTATION OF THE TAX RETURN HAS NOT CHANGED SINCE THE PRIOR YEAR. HRP INC TRUST FOR GRADUATE MEDICAL EDUCATION C/O FHB PO BOX 3708 HONOLULU HI 96811 266303324 ENSURE THE CONTINUITY & EXCELLENCE OF GRADUATE MED. EDUCATION IN HAWAII HI 501(C)(3) SUPPORTING - TYPE 1 HRP INC TRUST FOR PROFESSIONAL LIABILITY C/O FHB PO BOX 3708 HONOLULU HI 96811 990257950 RESERVE AGAINST POTENTIAL MEDICAL MALPRACTICE LIABILITIES AGAINST HRP INC. HI 501(C)(3) SUPPORTING - TYPE 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 HAWAII RESIDENCY PROGRAMS INC TRUST FOR GRADUATE MEDICAL EDUCATION Q 503233 HAWAII RESIDENCY PROGRAMS INC TRUST FOR PROFESSIONAL LIABILITY Q 633953