2024-08-05T15:37:15-05:00 2023-09-30 991856619 GRANT THORNTON ADVISORS LLC 53 STATE STREET SUITE 1600 BOSTON MA 02109 990 2022-10-01 042103631 STURDY HEALTH FOUNDATION INC STUR 5082225200 211 PARK STREET PO BOX 2963 ATTLEBORO MA 027030963 AMY PFEFFER CFO 5082225200 2024-08-05 1 0 ERIN COUTURE P01390592 6177237900 2022 2024-08-08 14:25:15Z X AIMEE B BREWER 211 PARK STREET PO BOX 2963 ATTLEBORO MA 027030963 23452494 0 X WWW.STURDYHEALTH.ORG X 1910 MA TO ENGAGE IN PHILANTHROPHIC ACTIVITIES TO SUPPORT THE MISSION AND PURPOSE (CONTINUED ON SCH O). OF STURDY MEMORIAL HOSPITAL, INC AND ITS AFFILIATES. 14 12 3 16 0 0 760419 427685 3032700 3155119 2908130 2642972 -58451 49942 6642798 6275718 0 0 0 0 256417 355769 73000 31875 180816 2671817 2892140 3001234 3279784 3641564 2995934 63370935 67814541 120215 151806 63250720 67662735 X TO SUPPORT THE MISSION AND PURPOSES OF STURDY MEMORIAL HOSPITAL AND ITS AFFILIATES, WHICH ARE AT THE FOREFRONT OF DELIVERING EXCEPTIONAL PATIENT CARE. (CONTINUED ON SCHEDULE O). 0 0 2758100 0 3155119 RENTAL OF OFFICE BUILDINGS TO STURDY HEALTH, INC. FOR THE PURPOSE OF PRACTICING MEDICINE IN THE COMMUNITY STURDY MEMORIAL HOSPITAL, INC. SERVICES. 2758100 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 1 X 9 0 1 3 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 12 1 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA RI X AMY PFEFFER 5082368150 211 PARK STREET PO BOX 2963 ATTLEBORO MA 027030963 AIMEE BREWER EXECUTIVE DIRECTOR 2.00 46.00 X 0 889997 66351 AMY PFEFFER CFO 5.00 40.00 X 0 640224 24478 RONALD VAN NESS-OTUNNU MD PHYSICIAN DIRECTOR 1.00 42.00 X 0 498342 24015 WILLIAM FLORENTINO THRU 0323 CHIEF DEVELOPMENT OFFICER 30.00 10.00 X 0 227506 9793 JOSEPH CASEY FORMER EXECUTIVE DIRECTOR 0.00 0.00 X 0 210000 0 JOHN KORONA DIRECTOR/CHAIR 1.00 4.00 X X 0 0 0 STEPHEN BURLONE TREASURER 1.00 2.00 X X 0 0 0 RALPH SCHLENKER PRESIDENT 1.00 4.00 X X 0 0 0 RICHARD DIGIACOMO DIRECTOR/CLERK (THRU 01/2023) 1.00 2.00 X X 0 0 0 ROSE LARSON CLERK (AS OF 01/2023) 1.00 2.00 X X 0 0 0 DWAYNE DEMOND DIRECTOR 1.00 2.00 X 0 0 0 CATHLEEN DESIMONE DIRECTOR (AS OF 03/2023) 1.00 2.00 X 0 0 0 DENNIS KELLY DIRECTOR 1.00 2.00 X 0 0 0 LAURA GIGNAC DIRECTOR 1.00 2.00 X 0 0 0 THOMAS NOEL DIRECTOR 1.00 2.00 X 0 0 0 PAUL HEROUX DIRECTOR (THRU 01/2023) 1.00 2.00 X 0 0 0 ROGER FORMAN DIRECTOR 1.00 2.00 X 0 0 0 JAMES DELISIO DIRECTOR 1.00 2.00 X 0 0 0 KEVIN CRYAN DIRECTOR 1.00 2.00 X 0 0 0 DONNA KIMMEL DIRECTOR 1.00 2.00 X 0 0 0 0 2466069 124637 0 1 1 0 CRYAN LANDSCAPE CONTRACTORS INCORPORATED 41 WALTON STREET ATTLEBORO MA 02703 LANDSCAPING SERVICES 150866 METROWEST CLEANING SYSTEM PO BOX 100 MARLBOROUGH MA 01752 CLEANING SERVICES 106470 2 77000 350685 427685 PHYSICIAN OFFICE RENTAL 531120 3155119 3155119 3155119 1342432 1342432 11936 0 11936 11936 11936 18438784 17138244 1300540 1300540 1300540 69737 77000 38532 31205 31205 REBATES AND REFUNDS 900099 6801 6801 6801 6275718 3155119 0 2692914 326230 252316 73914 1293 1134 159 28246 22759 5487 31875 31875 27915 27915 18833 18833 32745 3091 29654 23711 2836 1589 19286 12600 12600 829983 808484 21499 1246638 1246638 34246 20708 13538 REPAIRS AND MAINTENANCE 656318 656318 9151 1192 118 7841 3279784 2758100 340868 180816 2694165 2082358 1525 8127 21743 56667 34899397 8854372 25130394 26045025 35523108 39610563 0 11801 63370935 67814541 60398 126230 0 0 59817 25576 120215 151806 X 54895125 59170587 8355595 8492148 63250720 67662735 63370935 67814541 X 2995934 2257034 -840953 X 0 1 X 1 0 X X 1 STURDY MEMORIAL HOSPITAL INC 042768252 3 1 0 0 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 PART IV, SECTION A, LINE 6: STURDY HEALTH FOUNDATION, INC. (F/K/A STURDY MEMORIAL FOUNDATION, INC.) IS PART OF A HEALTH CARE SYSTEM THAT INCLUDES STURDY MEMORIAL HOSPITAL, THE SPECIFIED SUPPORT ORGANIZATION, AND OTHER AFFILIATES LISTED IN SCHEDULE R, PART II. IN ADDITION TO THE HOSPITAL, THE FOUNDATION PROVIDES SUPPORT TO ALL AFFILIATES. AFFILIATES ARE RECOGNIZED AS 501(C)(3) ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS, AND ARE OPERATED, SUPERVISED OR CONTROLLED DIRECTLY BY, OR IN CONNECTION WITH STURDY MEMORIAL HOSPITAL. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 7621753 900 902383 306732 8218304 9576106 11145 -1599479 366019 7621753 8325598 14097 1539830 303419 9576106 7799091 8039 630094 111626 8325598 7742025 199655 -688 141901 7799091 0.47500 0.52500 0 0 3776045 3776045 26177310 7492908 18684402 4309279 724701 3584578 636763 636763 0 26045025 DUE FROM AFFILIATES 25576 25576 X PART V, LINE 4: ENDOWMENT FUNDS STURDY HEALTH FOUNDATION, INC. MAINTAINS ENDOWMENT FUNDS (RESTRICTED TO PRINCIPAL) FOR THE BENEFIT OF STURDY HEALTH FOUNDATION INC., STURDY MEMORIAL HOSPITAL, INC. AND AFFILIATES. THE ENDOWMENTS CONSIST OF BOTH DONOR RESTRICTED EARNED INCOME AND UNRESTRICTED EARNED INCOME. THE INTENT OF THE FOUNDATION'S ENDOWMENT INVESTMENT POLICY IS TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO SUPPORT BOTH THE DONOR RESTRICTED REQUIREMENTS AND THE FOUNDATION SPENDING POLICY FOR UNRESTRICTED FUNDS. ANNUALLY, INCOME EARNED ON THE RESTRICTED ENDOWMENT FUNDS IN SUPPORT OF THE DONOR SPECIFIC REQUIREMENTS IS TRANSFERRED TO STURDY MEMORIAL HOSPITAL. A SMALL PORTION OF THE ENDOWMENT IS HELD IN A FUND WITH THE INCOME RESTRICTED FOR "FREE CARE" FOR PATIENTS. THE INCOME ON THIS FUND IS TRANSFERRED ANNUALLY TO STURDY MEMORIAL HOSPITAL, INC. PER THE FOUNDATION RESTRICTED INVESTMENT POLICY, 5% OF THE GENERAL ENDOWMENT IS AVAILABLE FOR SPENDING ANNUALLY AND IS PAID TO THE FOUNDATION. ANNUAL THE INVESTMENT POLICY IS UPDATED AND REVIEWED BY THE INVESTMENT COMMITTEE. PART X, LINE 2: ASC 740 THE FOUNDATION AND ALL OF ITS AFFILIATES ARE NOT-FOR-PROFIT ORGANIZATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED (THE "CODE"), AND ARE GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE FOUNDATION IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO SUCH POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. X X X X 1 BLAKELEY BRISCORE INC 497 COUNTY ROUTE 19 WILLIAMSTOWN NY 13493 CAPITAL CAMPAIGN PLANNING STUDY 0 0 11375 -11375 TERRENCE JOYCE SQUARE MILE STUDIO PO BOX 6040 CENTRAL FALLS RI 02863 110 YEAR ANNIVERSARY VIDEO DEVELOPMENT 0 0 20500 -20500 31875 -31875 MA RI GOLF TOURNAMENT 146737 77000 69737 400 10300 13824 14008 146737 77000 69737 400 10300 13824 14008 38532 31205 0 1 0 0 0 0 0 0 0 AIMEE BREWER EXECUTIVE DIRECTOR 0 683578 0 205500 0 919 0 42085 0 24266 0 956348 0 0 AMY PFEFFER CFO 0 406862 0 78402 0 154960 0 0 0 24478 0 664702 0 0 RONALD VAN NESS-OTUNNU MD PHYSICIAN DIRECTOR 0 468818 0 7396 0 22128 0 0 0 24015 0 522357 0 0 WILLIAM FLORENTINO THRU 0323 CHIEF DEVELOPMENT OFFICER 0 190211 0 36564 0 731 0 0 0 9793 0 237299 0 0 JOSEPH CASEY FORMER EXECUTIVE DIRECTOR 0 0 0 210000 0 0 0 0 0 0 0 210000 0 0 PART I, LINE 3: COMPENSATION OF TOP MANAGEMENT OFFICIAL THE CEO/EXECUTIVE DIRECTOR IS COMPENSATED ENTIRELY THROUGH STURDY MEMORIAL HOSPITAL, INC. THE HOSPITAL USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE EXECUTIVE COMMITTEE TO ESTABLISH THE COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR. PART I, LINE 4B: SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN STURDY MEMORIAL HOSPITAL PROVIDES A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN TO CERTAIN EXECUTIVES. SUPPLEMENTAL RETIREMENT CONTRIBUTIONS WERE MADE THROUGH NON-QUALIFIED RETIREMENT PLANS FOR QUALIFIED EMPLOYEES IN CALENDAR YEAR 2022. THE TOTAL OF NON-QUALIFIED RETIREMENT CONTRIBUTIONS IN 2022 ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). AMY PFEFFER ($154,033) PARTICIPATED IN THE PLAN IN 2022. PART II, COLUMN C: DEFERRED COMPENSATION THIS COLUMN INCLUDES BOTH IRC 403(B) EMPLOYER CONTRIBUTIONS AND THE ACCRUAL OF BENEFITS RELATED THE HOSPITAL'S DEFINED BENEFIT PLAN. FOR CALENDAR YEAR 2022, THE ACCRUAL CALCULATION, COMPLETED BY A THIRD PARTY, RESULTED IN A DECREASE IN ACCRUAL VALUE FOR CERTAIN LISTED INDIVIDUALS. FOR THESE INDIVIDUALS, THE ORGANIZATION INCLUDED THE DECREASE IN ACTUARIAL VALUE AS AN OFFSET OF THE 403(B) CONTRIBUTION BUT LIMITED THE REPORTING TO ZERO DOLLARS. THE FULL DECREASE IN THE ACTUARIAL VALUE IS INCLUDED BELOW: AMY PFEFFER - $(418,071) RONALD VAN NESS-OTUNNU, MD - $(123,782) WILLIAM FLORENTINO - $(63,274) JOSEPH CASEY - $(381,261) CRYAN LANDSCAPE CONTRACTORS INC VENDOR 150866 LANDSCAPE & SNOW REMOVAL 0 SCHEDULE L, PART V: KEVIN CRYAN, A MEMBER OF THE BOARD OF DIRECTORS, IS THE OWNER OF CRYAN LANDSCAPING. THE COMPANY DOES THE LANDSCAPING AND SNOW REMOVAL FOR SEVERAL FOUNDATION-OWNED PROPERTIES. ORGANIZATION MISSION (CONTINUED) FORM 990, PART III, LINE 1: STURDY HEALTH FOUNDATION, INC. WAS ORGANIZED TO SUPPORT THE ADVANCEMENT OF THE KNOWLEDGE, PRACTICE, EDUCATION, AND RESEARCH OF MEDICINE, SURGERY, NURSING AND ALL OTHER SUBJECTS RELATING TO THE CARE, TREATMENT AND HEALING OF HUMANS. WITH THE GOAL OF IMPROVING THE HEALTH AND WELFARE OF ALL PERSONS AND SPONSORING, DEVELOPING AND PROMOTING SERVICES AND PROGRAMS WHICH ARE CHARITABLE, SCIENTIFIC OR EDUCATIONAL; AND WHICH ADDRESS THE PHYSICAL AND MENTAL NEEDS OF THE COMMUNITY AT LARGE. THIS CORPORATION OPERATE EXCLUSIVELY FOR THE BENEFIT OF STURDY MEMORIAL HOSPITAL, INC. AND ITS AFFILIATED ORGANIZATIONS, IN THE CONDUCT OF THEIR CHARITABLE, EDUCATIONAL AND SCIENTIFIC FUNCTIONS. IN ORDER TO FULFILL ITS HEALTH CARE MISSION IN THE TWELVE COMMUNITIES THAT IT SERVES, THE FOUNDATION SOLICITS FUNDS FROM A WIDE VARIETY OF RESOURCES. DURING THE PAST TWENTY-FIVE YEARS, THE FOUNDATION HAS SPENT OVER $25 MILLION TO PURCHASE LAND, BUILD, AND MAINTAIN EIGHT NEW MEDICALCENTERS IN THE TOWNS OF FOXBORO, NORTON, NORTH ATTLEBORO, REHOBOTH, AND IN THE CITY OF ATTLEBORO. AT THE END OF FISCAL YEAR 2023, STURDY HEALTH, INC. EMPLOYED ONE HUNDRED AND TWO PHYSICIANS. THE PHYSICIAN GROUP PRACTICE WAS DEVELOPED TO MEET THE NEED FOR PRIMARY AND SPECIALTY CARE SERVICES IN OUR SERVICE AREA. THE FOUNDATION PERFORMS FUND RAISING ACTIVITIES FOR THE BENEFIT OF STURDY MEMORIAL HOSPITAL, INC., STURDY HEALTH, INC. AND ITS OTHER AFFILIATES. DURING FY 2023, THE FOUNDATION RAISED APPROXIMATELY $497,422 IN DIRECT SUPPORT OF THE HOSPITAL. FORM 990, PART V, LINE 2A: EMPLOYEES REPORTED ON FORM W-3 STURDY MEMORIAL HOSPITAL IS THE COMMON PAYMASTER FOR STURDY HEALTH FOUNDATION. FORM W-3 IS FILED UNDER STURDY MEMORIAL HOSPITAL'S EMPLOYEE IDENTIFICATION NUMBER, THEREFORE THE FOUNDATION DOES NOT FILE A W-3. THE TOTAL NUMBER OF STURDY HEALTH FOUNDATION EMPLOYEES IS 3, WHICH IS LISTED ON LINE 2. FORM 990, PART V, LINE 2B: FEDERAL EMPLOYMENT TAX RETURNS STURDY MEMORIAL HOSPITAL, INC. IS THE COMMON PAYMASTER FOR STURDY HEALTH FOUNDATION, INC. AND FILES ALL REQUIRED FEDERAL EMPLOYMENT FORMS. FORM 990, PART VI, SECTION A, LINE 1A AUTHORITY DELEGATED TO EXECUTIVE COMMITTEE THE BY-LAWS OF STURDY HEALTH FOUNDATION STATE THAT "THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER TO TRANSACT ALL REGULAR BUSINESS OF THE CORPORATION DURING THE INTERIM BETWEEN THE MEETINGS OF THE BOARD OF DIRECTORS EXCEPT FOR SUCH MATTERS AS ARE SPECIFIED IN SECTION 55 OF THE (MASSACHUSETTS) GENERAL LAWS, CHAPTER 156B." THE EXECUTIVE COMMITTEE CONSISTS ONLY OF MEMBERS OF THE BOARD OF DIRECTORS OF STURDY HEALTH FOUNDATION, INC. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIPS WITH GOVERNING BODY KEVIN CRYAN, PAUL HEROUX AND LAURA GIGNAC - BUSINESS RELATIONSHIP. IN ADDITION, OTHER PERSONS LISTED IN PART VII HAVE A "BUSINESS RELATIONSHIP" WITH ONE ANOTHER DUE TO THE OVERLAPPING BOARD STRUCTURE OF STURDY HEALTH FOUNDATION AND ITS AFFILIATES. FORM 990, PART VI, SECTION A, LINE 4 ON SEPTEMBER 20TH, 2023 STURDY MEMORIAL FOUNDATION, INC. CHANGED ITS NAME TO STURDY HEALTH FOUNDATION, INC. THE ARTICLES OF AMENDMENT ARE ATTACHED TO THE FORM 990. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS STURDY HEALTH FOUNDATION'S BOARD OF DIRECTORS ARE MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OR STOCKHOLDERS STURDY HEALTH FOUNDATION'S BOARD OF DIRECTORS ARE MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990 IS PREPARED BY STURDY HEALTH'S TAX FIRM, GRANT THORNTON, USING INFORMATION PROVIDED BY MANAGEMENT UPON COMPLETION OF THE ANNUAL INDEPENDENT AUDIT. THE INFORMATION PROVIDED IS THE RESPONSIBILITY OF THE CFO AND THE STURDY FISCAL SERVICES DEPARTMENT. THE RETURN IS REVIEWED BY GRANT THORNTON, THE CONTROLLER AND CFO, AND COMPENSATION AND BENEFIT SECTIONS ARE SPECIFICALLY REVIEWED BY THE VICE PRESIDENT OF HUMAN RESOURCES FOR STURDY MEMORIAL HOSPITAL, INC. THE FORM 990 IS THEN PRESENTED TO THE AUDIT COMMITTEE FOR REVIEW AND RECOMMENDATION OF APPROVAL. PRIOR TO FILING THE FORM 990 WITH THE INTERNAL REVENUE SERVICE, THE COMPLETE FORM AND ALL SCHEDULES ARE PROVIDED TO EVERY BOARD MEMBER AND ANY QUESTIONS ARE ANSWERED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING AND ENFORCEMENT STURDY HEALTH FOUNDATION, INC. IS THE PARENT OF STURDY MEMORIAL HOSPITAL, INC. AND FOLLOWS THE HOSPITAL'S CONFLICT OF INTEREST POLICY. ALL FOUNDATION LEADERSHIP AND BOARD MEMBERS COMPLETE AND SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE STATEMENT REQUIRES DISCLOSURE OF ANY OUTSIDE INTERESTS IN ANY BUSINESS, OUTSIDE ACTIVITY, GIFTS, OR ENTERTAINMENT THAT MAY HAVE INFLUENCED THE RESPONDENT. IN ADDITION, THESE SIGNED STATEMENTS ARE REVIEWED BY THE INTEGRITY OFFICER AND ANY POTENTIAL CONFLICTS ARE ADDRESSED AND RESOLVED. THE INTEGRITY OFFICER AND DISCUSSES DISCLOSED POTENTIAL CONFLICTS WITH THE EMPLOYEE AND OR OFFICER OF THE HOSPITAL, SO THAT THEY UNDERSTAND WHAT CONSTITUTES AN INAPPROPRIATE BUSINESS ACTIVITY. GIFTS THAT CREATE A CONFLICT MUST BE RETURNED. INDIVIDUALS WITH DOCUMENTED CONFLICTS MUST ABSTAIN FROM ANY DECISION MAKING SPECIFIC TO THE IDENTIFIED AREA. AN ANNUAL REPORT IS PREPARED AND PROVIDED TO THE HOSPITAL'S PRESIDENT AND CEO AS WELL AS BOARD OF MANAGERS; THIS COMPREHENSIVE REPORT INCLUDES ALL INTEGRITY COMPLIANCE ISSUES AS WELL AS ANY NEWLY IDENTIFIED CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 PROCESS OF DETERMING COMPENSATION STURDY MEMORIAL HOSPITAL AND STURDY HEALTH FOUNDATION SHARE A BOARD OF DIRECTORS. COMPENSATION DECISIONS FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR, A HOSPITAL EMPLOYEE NOT COMPENSATED THROUGH THE FOUNDATION, AND KEY EMPLOYEE, WHO SPLITS HIS DUTIES BETWEEN THE HOSPITAL AND FOUNDATION, ARE MADE THROUGH ITS BOARD'S EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE CONSISTS SOLELY OF MEMBERS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH REGARDS TO COMPENSATION MATTERS. THE BOARD UTILIZES AN INDEPENDENT OUTSIDE CONSULTANT TO DETERMINE EXECUTIVE COMPENSATION. THE CONSULTANT PRESENTS NATIONAL AND REGIONAL COMPARABILITY DATA FOR SIMILAR HOSPITAL ORGANIZATIONS. THE DATA INCLUDES COMPREHENSIVE SALARY AND BENEFITS INFORMATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEE INCLUDING COMPARISON OF BASE PAY, INCENTIVE PAY, BENEFITS AND TOTAL COMPENSATION. IN ADDITION, THE COMMITTEE IS PROVIDED WITH PERFORMACE INFORMATION FOR MASSACHUSETTS HOSPITALS OBTAINED THROUGH THE CENTER FOR HEALTH INFORMATION AND ANALYSIS. THE EXECUTIVE COMMITTEE REVIEWS THE COMPARATIVE DATA FOR EXECUTIVE DIRECTOR AND VOTES TO APPROVE HIS COMPENSATION. THE EXECUTIVE DIRECTOR USES COMPARATIVE MARKET DATA TO DETERMINE PROPOSED BASE PAY COMPENSATION INCREASES AND POTENTIAL INCENTIVE PAY FOR ALL OTHER SENIOR MANAGERS, INCLUDING THE FOUNDATION KEY EMPLOYEE, AND PRESENTS THIS TO THE EXECUTIVE COMMITTEE FOR THEIR CONSIDERATION. THE EXECUTIVE COMMITTEE REVIEWS ALL RELEVANT INFORMATION AND VOTES TO ACCEPT THE RECOMMENDATIONS OF THE EXECUTIVE DIRECTOR FOR SENIOR MANAGER PAY. ALL DATA PRESENTED, AS WELL AS COMPENSATION DELIBERATION AND VOTES, ARE DOCUMENTED IN THE EXECUTIVE COMMITTEE MINUTES. THE MOST RECENT COMPENSATION STUDY WAS PERFORMED IN SEPTEMBER OF 2022. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC STURDY HEALTH FOUNDATION, INC. MAKES AVAILABLE COPIES OF ITS BY-LAWS, THE CONFLICT OF INTEREST POLICY OF STURDY MEMORIAL HOSPITAL, INC., AND FINANCIAL STATEMENTS TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSETS RELEASED FROM RESTRICTIONS -840,953. EMORY STREET RADIOLOGY ASSOCIATES INC 211 PARK STREET PO BOX 2963 ATTLEBORO MA 02703 043137282 RADIOLOGY MA 501(C)(3) LINE 12B, II SMH 0 STURDY MEMORIAL HOSPITAL INC 211 PARK STREET PO BOX 2963 ATTLEBORO MA 02703 042768252 HOSPITAL MA 501(C)(3) LINE 3 SHF 1 STURDY HEALTH INC 211 PARK STREET PO BOX 2963 ATTLEBORO MA 02703 042709501 PHYSICIANS MA 501(C)(3) LINE 12B, II SHF 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 STURDY HEALTH INC A 3079868 FMV STURDY MEMORIAL HOSPITAL INC A 75251 FMV STURDY MEMORIAL HOSPITAL INC B 840953 FMV RELATED TAX-EXEMPT ORGANIZATIONS SCHEDULE R, PART II STURDY HEALTH, INC.'S PRIMARY ACTIVITIES: RECRUIT PHYSICIANS TO EXPAND AND IMPROVE THE AVAILABILITY OF QUALITY MEDICAL CARE IN THE STRUDY MEMEORIAL HOSPITAL SERVICE AREA. STURDY MEMORIAL HOSPITAL, INC.'S PRIMARY ACTIVITIES: PROVIDE SAFE, HIGH QUALITY, COST-EFFICIENT HEALTH CARE, AND THE BROADEST RANGE OF DIAGNOSTIC, INPATIENT, AND OUTPAIIENT AND EMERGENCY SERVICES FOR A COMMUNITY HOSPITAL.