2025-10-14T16:41:39+00:00 2025-05-31 346565596 ERNST & YOUNG US LLP 835 N COLLEGE AVENUE INDIANAPOLIS IN 46202 990 2024-06-01 611251763 Owensboro Health Foundation Inc OWEN 2704172000 1201 Pleasant Valley Road Owensboro KY 42303 Russ Ranallo CFO 2704172000 2025-10-14 true Jennifer D Rhoderick P00395735 3176817000 2025-10-14 2024 2025-03-06 01:10:19Z Russ Ranallo 1201 Pleasant Valley Road Owensboro KY 42303 2471541 false X WWW.OWENSBOROHEALTH.ORG X 1993 KY TO RAISE, STEWARD, AND DISTRIBUTE PHILANTHROPIC FUNDS IN SUPPORT OF OWENSBORO HEALTH'S MISSION TO HEAL THE SICK AND IMPROVE HEALTH IN WESTERN KENTUCKY AND SOUTHERN INDIANA. 18 16 5 132 0 1781625 1778243 0 0 201583 339796 -46585 -48525 1936623 2069514 884184 942618 0 0 767906 693902 0 0 531649 278787 338092 1930877 1974612 5746 94902 6760544 7379198 314415 756364 6446129 6622834 TO RAISE, STEWARD, AND DISTRIBUTE PHILANTHROPIC FUNDS IN SUPPORT OF OWENSBORO HEALTH'S MISSION TO HEAL THE SICK AND IMPROVE HEALTH IN WESTERN KENTUCKY AND SOUTHERN INDIANA. false false 942618 942618 0 FUNDS RAISED AND DISTRIBUTED BY OWENSBORO HEALTH FOUNDATION, INC. ARE IN SUPPORT OF THE CHARITABLE MISSION AND ACTIVITIES OF OWENSBORO HEALTH, INC. DURING THE REPORT PERIOD, 118 MAIN PROGRAMS SUPPORTED BY OWENSBORO HEALTH FOUNDATION, INC. IMPACTED THE LIVES OF 90,700 PEOPLE IN THE COMMUNITIES WE SERVE. POPULATIONS BENEFITTING THROUGH FOUNDATION FUNDING INCLUDE INDIVIDUALS WHO ARE UNINSURED OR UNDER-INSURED; BEREAVED PARENTS; CANCER SURVIVORS; CHILDREN WITH ASTHMA; CHILDREN ADMITTED TO THE OWENSBORO HEALTH EMERGENCY DEPARTMENT, SURGERY OR PEDIATRICS; NEW MOTHERS AND FATHERS; CANCER PATIENTS WHO CANNOT AFFORD MEDICINES; LOW-INCOME CANCER PATIENTS WITH CHRONIC LUNG AILMENTS; INDIVIDUALS FACING CRISES AND EMERGENCY SITUATIONS; NEONATAL INTENSIVE CARE PATIENTS; FAMILIES EXPERIENCING MEDICAL CRISES; MEDICAL PROFESSIONALS; ELDERLY INDIVIDUALS WHO ARE LOW INCOME; WORKING POOR AND RETIRED CANCER PATIENTS; INDIVIDUALS WITH PARKINSON'S DISEASE; AND PATIENTS WITH CHRONIC LUNG AILMENTS. 942618 true true false false false false false false false true true false false false true true true true false false false false false false true false false true true true false false false false false false false false false false true false false false false true true true false false true 5 0 true 5 true false false false false false true true false false false false false false X 18 16 false false false false true true true true true false false false false true true true true true false false false false KY X Russ Ranallo 2704172000 1201 Pleasant Valley Road Owensboro KY 42303 JOHN SHEFFER VICE-CHAIRPERSON 1.0 0 X X 0 0 0 MAC NEEL TREASURER 1.0 0 X X 0 0 0 MARK MARSH PRESIDENT & CEO, EX-OFFICIO, OFFICER, DIRECTOR, VOTING 2.0 48.0 X X 0 1331050 63070 OLGA MCKISSIC Secretary 1.0 0 X X 0 0 0 WANDA FIGUEROA-PERALTA MD Chairperson 1.0 0 X X 0 0 0 BROOKLYN MAPLE BOARD MEMBER 1.0 0 X 0 0 0 CANDANCE CASTLEN BRAKE BOARD MEMBER 1.0 3.0 X 0 0 0 CAROL BOTHWELL BOARD MEMBER 1.0 0 X 0 0 0 CHRIS RHOADS DIRECTOR, MEMBER APPOINTEE TO EXEC. COMMITTEE 1.0 0 X 0 0 0 DEAN ROWE BOARD MEMBER 1.0 0 X 0 0 0 GAVIN ROBERTS BOARD MEMBER 1.0 5.0 X 0 0 0 GRANT COLLINS BOARD MEMBER 1.0 0 X 0 0 0 JENNIFER KEACH BOARD MEMBER (ENDED FALL 2024) 1.0 0 X 0 0 0 KAREN GOEDDE BOARD MEMBER 1.0 0 X 0 0 0 LAUREN PATTON BOARD MEMBER 1.0 0 X 0 0 0 MEGAN MORRIS BOARD MEMBER 1.0 0 X 0 0 0 PATTIE MARTIN BOARD MEMBER 1.0 0 X 0 72496 1582 SAMARA HEAVRIN BOARD MEMBER 1.0 0 X 0 0 0 TOM LILLY BOARD MEMBER 1.0 5.0 X 0 0 0 RUSSELL S RANALLO CHIEF FINANCIAL OFFICER 2.0 48.0 X 0 609034 95325 TRACY NAYLOR EX-OFFICIO, DIRECTOR, NON-VOTING, DIRECTOR OF MAJOR AND PLANNED GIFTS 45.0 5.0 X 185264 0 29181 CATHERINE MEDLEY MANAGER OF FOUNDATION 48.0 2.0 X 111376 0 33390 CHAD HART DIRECTOR OF MAJOR GIFTS 50.0 0 X 144046 0 17180 440686 2012580 239728 3 false true false 0 0 0 280944 1081752 0 415547 96800 1778243 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 189544 0 0 189544 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 397505 0 247253 0 150252 0 150252 0 0 150252 95189 280944 146455 -51266 0 -51266 11060 8319 2741 0 0 2741 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2069514 0 0 291271 769960 769960 172658 172658 0 0 0 0 192324 0 57697 134627 0 0 0 0 345585 0 69117 276468 0 0 0 0 116919 0 27564 89355 39074 0 9212 29862 0 0 0 0 0 0 0 0 27810 0 27810 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18880 0 18270 610 9445 0 9445 0 213803 0 213803 0 0 0 0 0 36393 0 36393 0 20450 0 20450 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Dues Fees 5761 5761 Catering 5089 5089 Volunteer Recognition 678 678 Miscellaneous -217 -944 727 0 0 0 0 1974612 942618 500345 531649 1190946 1343711 174247 166770 0 0 0 9120 0 0 0 0 0 0 5650 987 17083 28226 85373 85373 0 0 5341209 5798031 0 0 0 0 31409 32353 6760544 7379198 81384 79291 0 0 148071 134032 0 0 0 0 0 0 0 0 0 0 84960 543041 314415 756364 X 3998253 4373854 2447876 2248980 0 0 0 0 0 0 6446129 6622834 6760544 7379198 94902 81803 0 0 0 0 X false true true false X 1336478 1760434 1918968 1781625 1778243 8575748 0 0 1336478 1760434 1918968 1781625 1778243 8575748 4876809 3698939 77531 97732 131520 167847 189544 664174 0 0 0 0 0 0 0 9239922 254156 0.40032 0.43685 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2447876 246608 445505 2248979 2445180 306304 303608 2447876 2213351 525765 293936 2445180 2073808 473266 333723 2213351 1890601 312874 129667 2073808 0.0 0.0 1.0 false false 37774 37774 0 47599 47599 0 0 Federal Income Taxes Intercompany Payables 543041 543041 X 2289597 81803 9750 128530 220083 2069514 0 0 2069514 2112892 9750 128530 138280 1974612 0 0 1974612 Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT FUNDS ARE USED FOR THE SUPPORT OF MISCELLANEOUS PROGRAMMING. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE FOUNDATION APPLIES FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 (TOPIC 740), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. TOPIC 740 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS AND PROVIDES GUIDANCE ON WHEN TAX POSITIONS ARE RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND HOW THE VALUES OF THESE POSITIONS ARE DETERMINED. THERE WERE NO UNCERTAIN TAX POSITIONS DURING THE YEARS ENDED MAY 31, 2025 AND 2024. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 DIRECT FUNDRAISING EXPENSES - 154773 GL ADJUSTMENT FOR AUCTION ITEMS SOLD FOR LESS THAN FMV - -26243 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 DIRECT FUNDRAISING EXPENSES - 154773 GL ADJUSTMENT FOR AUCTION ITEMS SOLD FOR LESS THAN FMV - -26243 GOLF TOURNAMENT 155207 131207 24000 18046 13919 9599 1832 MMCC CONCERT 80238 50538 29700 16195 2400 3526 4 140688 99199 41489 24318 11539 24955 4100 16026 376133 280944 95189 58559 25458 34554 6500 21384 146455 -51266 true OWENSBORO HEALTH 1201 PLEASANT VALLEY ROAD OWENSBORO KY 42303 611286361 501(C)(3) 511129 SUPPORT OF MISC PROGRAMMING OWENSBORO HEALTH MEDICAL GROUP 1201 PLEASANT VALLEY ROAD OWENSBORO KY 42303 611197638 501(C)(3) 105779 SUPPORT OF MISC PROGRAMMING OWENSBORO HEALTH TWIN LAKES MEDICAL CENTER 910 WALLACE AVENUE LEITCHFIELD KY 42754 853033915 501(C)(3) 41603 SUPPORT OF MISC PROGRAMMING OH MUHLENBERG LLC 440 HOPKINSVILLE STREET GREENVILLE KY 42345 473944197 501(C)(3) 34307 SUPPORT OF MISC PROGRAMMING OWENSBORO HEALTH CLINICALLY INTEGRATED NETWORK 1201 PLEASANT VALLEY ROAD OWENSBORO KY 42303 474114254 501(C)(3) 51642 SUPPORT OF MISC PROGRAMMING ARH FOUNDATION for HEALTHIER COMMUNITIES INC PO BOX 8086 LEXINGTON KY 40533 204840007 501(C)(3) 12500 DISASTER RELIEF EFFORTS PIKEVILLE MEDICAL CENTER FOUNDATION for QUALITY HEALTHCARE INC PO BOX 2515 PIKEVILLE KY 41502 472020718 501(C)(3) 12500 DISASTER RELIEF EFFORTS 7 0 HOPE FUND 61 80066 SCHOLARSHIPS 5 70000 FLOWERS FOR PATIENTS 15 210 UROLOGY/LUNG SCREENINGS 46 3501 IGA VOUCHERS 7 1322 FUEL VOUCHERS/PATIENT TRANSPORTATION 78 10253 HOTEL FOR PATIENT FAMILY 2 7433 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds ALL GRANT RELATED EXPENSES ARE DOCUMENTED AND APPROVED BY OWENSBORO HEALTH FOUNDATION BEFORE CHECKS ARE WRITTEN TO ENSURE EXPENSES ARE VALID FOR PURPOSES OF APPLICABLE GRANTS. OWENSBORO HEALTH FOUNDATION ALSO GETS BOARD APPROVAL AND MAJORITY VOTE FOR ANY EXPENDITURES OF UNRESTRICTED FUNDS OR MEDICUS RESOURCES. X X true true false true false false false false false true false MARK MARSH PRESIDENT & CEO, EX-OFFICIO, OFFICER, DIRECTOR, VOTING 0 1044414 0 280108 0 6528 0 23607 0 39463 0 1394120 0 0 RUSSELL S RANALLO CHIEF FINANCIAL OFFICER 0 432955 0 136138 0 39941 0 56938 0 38387 0 704359 0 0 TRACY NAYLOR EX-OFFICIO, DIRECTOR, NON-VOTING, DIRECTOR OF MAJOR AND PLANNED GIFTS 154720 0 22550 0 7994 0 8275 0 20906 0 214445 0 0 0 CHAD HART DIRECTOR OF MAJOR GIFTS 124370 0 17849 0 1827 0 6317 0 10863 0 161226 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments THE ORGANIZATION PROVIDES A NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN FOR CERTAIN EXECUTIVE EMPLOYEES. BECAUSE BENEFITS UNDER THE SUPPLEMENTAL PLAN MUST BE INCLUDED IN TAXABLE INCOME WHEN THEY BECOME VESTED, AND AS REQUIRED BY THE SUPPLEMENTAL PLAN'S TERMS, THE ORGANIZATION PROVIDES AN ADDITIONAL BENEFIT THAT COVERS THE TAX LIABILITY WHEN IT IS INCURRED. THE TAX LIABILITY PAYMENTS ARE THEMSELVES INCLUDED IN W-2 INCOME IN THE YEAR MADE TO THE EXECUTIVES AND ARE INCLUDED IN THE FIGURES DISCLOSED ON SCHEDULE J, PART II. Schedule J, Part I, Line 1a Health or social club dues or initiation fees DURING THE REPORTING PERIOD, THE ORGANIZATION PAID THE CEO MEMBERSHIP DUES IN A SOCIAL CLUB. THE CLUB MEMBERSHIP WAS USED FOR BUSINESS PURPOSES. ANY PERSONAL RELATED EXPENSES ARE TREATED AS TAXABLE WAGE INCOME AND FULLY INCLUDED ON THE RECIPIENT'S FORM W-2. Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR IS SET BY ITS PARENT ORGANIZATION, OWENSBORO HEALTH, INC., USING A PROCESS THAT IS DESIGNED TO COMPLY WITH THE REBUTTABLE PRESUMPTION OF REASONABLENESS. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan OWENSBORO HEALTH PROVIDES A NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN FOR CERTAIN EXECUTIVE EMPLOYEES. PARTICIPATION IN THE PLAN IS SUBJECT TO THE RECOMMENDATION OF THE CHIEF EXECUTIVE OFFICER AND THE APPROVAL OF THE BOARD OF DIRECTORS. AS OF DECEMBER 31, OWENSBORO HEALTH SHALL CREDIT THE PARTICIPANT'S ACCOUNT WITH AN EMPLOYER CONTRIBUTION. THE PARTICIPANT MUST BE EMPLOYED BY OWENSBORO HEALTH AT THE END OF THE PLAN YEAR IN ORDER TO RECEIVE AN EMPLOYER CONTRIBUTION FOR THAT PLAN YEAR, AND PARTIAL YEAR CREDIT IS EARNED AFTER A PARTICIPANT REACHED NORMAL RETIREMENT AGE AS DEFINED BY THE PLAN. EMPLOYER CONTRIBUTIONS MADE FOR PLAN YEARS STARTING PRIOR TO 1/1/2022, THE EMPLOYER CONTRIBUTIONS FOR EACH CONTRIBUTION CLASS YEAR SHALL BE 100% VESTED AS OF THE END OF THE PLAN YEAR WHICH IS FIVE YEARS AFTER THE DATE ON WHICH THE EMPLOYER CONTRIBUTION WAS MADE FOR SUCH CONTRIBUTION CLASS YEAR. EMPLOYER CONTRIBUTIONS MADE FOR PLAN YEARS STARTING ON OR AFTER 1/1/2022, THE EMPLOYER CONTRIBUTIONS FOR EACH CONTRIBUTION CLASS YEAR SHALL BE 100% VESTED AS OF THE LATER OF THE JANUARY 1 THAT IS THREE YEARS FROM THE START OF THE CONTRIBUTION CLASS YEAR FOR WHICH THE CONTRIBUTION WAS MADE, OR THE JANUARY 1 COINCIDENT WITH OR FOLLOWING THE FIFTH ANNIVERSARY OF THE PARTICIPANT'S PARTICIPATION DATE. THE TAX LIABILITY PAYMENTS ARE THEMSELVES INCLUDED IN W-2 INCOME IN THE YEAR MADE TO THE EXECUTIVES, AND ARE INCLUDED IN THE FIGURES DISCLOSED ON SCHEDULE J, PART II. 457F PLAN TO EXECUTIVES: RUSS RANALLO ($35,693) Schedule J, Part I, Line 7 Non-fixed payments THE SUCCESS SHARING PLAN IS A PROGRAM DESIGNED TO FOCUS ON THE ACCOUNTABILITY OF ALL EMPLOYEES TO INFLUENCE THE FINANCIAL, QUALITY, PATIENT SATISFACTION AND EMPLOYEE DEVELOPMENT GOALS, AND TO REINFORCE THE OH CORE COMMITMENTS (RESPECT, INTEGRITY, INNOVATION, SERVICE, EXCELLENCE AND TEAMWORK) WHILE WORKING TO ACHIEVE THESE GOALS. THE PLAN ACHIEVES THIS BY PROVIDING A DIRECT LINK BETWEEN ACHIEVEMENT OF ORGANIZATIONAL OBJECTIVES AND THE TOTAL COMPENSATION OF THOSE WHOSE DECISIONS AND ACTIONS ARE ACCOUNTABLE FOR THE OUTCOMES WHICH DRIVE THE ORGANIZATION'S SUCCESS. ELIGIBILITY IS BASED ON HOURS WORKED IN THE YEAR; STAFF EMPLOYEES ARE PAID A PRO-RATED AMOUNT OF A DOLLAR MAXIMUM AND MANAGEMENT IS PAID A FIXED PERCENTAGE OF ANNUAL SALARY BASED ON LEVEL OF MANAGEMENT. PAYMENT IS PREDICATED ON BOARD APPROVAL. 2 4000 Market value X 6106 Market value 1 51242 Market value 1 600 Market value 19 13889 Market value 1 900 Market value X GIFT CARDS 65 17663 Market value X PRINTING 1 2400 Market value 0 false true false Schedule M, Part I Column (B) THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED IN COLUMN (B). Form 990, Part VI, Line 15a PROCESS FOR DETERMINING COMPENSATION THE FOUNDATION DID NOT COMPENSATE ITS TOP MANAGEMENT OFFICIAL, WHO IS AN EMPLOYEE OF ITS PARENT ORGANIZATION, OH. HOWEVER, THE TOP MANAGEMENT OFFICIAL IS COMPENSATED BY OH USING A PROCESS THAT COMPLIES WITH THE REBUTTABLE PRESUMPTION OF REASONABLENESS. THE FOUNDATION DEFERS TO OH ON THESE MATTERS. OH'S COMPENSATION PROCESS IS AS FOLLOWS: - TOTAL COMPENSATION IS THE SUM OF EACH EXECUTIVE'S BASE SALARY, INCENTIVE OPPORTUNITY, BENEFITS, AND PERQUISITES. - OUR TOTAL COMPENSATION PHILOSOPHY WILL APPLY TO ALL EXECUTIVES OF THE ORGANIZATION. - CASH COMPENSATION AND BENEFITS PLANS PROVISIONS WILL BE, ON AVERAGE, COMPETITIVE WITH THOSE HEALTHCARE ORGANIZATIONS WITHIN WHICH WE COMPETE FOR EXECUTIVE TALENT. OUR LABOR MARKET IS DEFINED AS SUCCESSFUL AND COMPARABLY SIZED HEALTHCARE ORGANIZATIONS ON A NATIONAL LEVEL. SUCCESS IS MEASURED IN TERMS OF FINANCIAL AND OPERATIONAL PERFORMANCE AND MARKET LEADERSHIP. - COMPETITIVE POSITIONING OF BASE SALARIES, AS REFLECTED BY THE SALARY RANGE MIDPOINTS, WILL BE AT THE 50TH PERCENTILE. EXECUTIVES MAY BE PLACED ABOVE OR BELOW THE SALARY RANGE BASED ON THE: EXECUTIVE'S KNOWLEDGE, COMPETENCIES, AND EXPERIENCE; PERFORMANCE OF THE EXECUTIVE'S AREA OF RESPONSIBILITY; THE EXECUTIVE'S CONTRIBUTION TO THE ORGANIZATION'S OVERALL PERFORMANCE; INTERNAL EQUITY CONSIDERATIONS; THE FINANCIAL RESOURCES AVAILABLE; AND, EXECUTIVE BASE SALARY INCREASES PROVIDED IN THE COMPETITIVE MARKET. - ANNUAL INCENTIVE OPPORTUNITIES WILL BE POSITIONED BETWEEN THE 50TH AND 75TH PERCENTILE DEPENDING ON THE DEGREE TO WHICH PERFORMANCE GOALS ARE MET OR EXCEEDED. TOTAL CASH COMPENSATION, AS REFLECTED BY BASE SALARIES AND ANNUAL INCENTIVES, WILL ALSO BE POSITIONED BETWEEN THE 50TH AND 75TH PERCENTILES AND WILL BE INFLUENCED BY PERFORMANCE RESULTS AS MEASURED AGAINST ESTABLISHED GOALS. - THE ORGANIZATION WILL PROVIDE APPROPRIATE AND COMPETITIVE SUPPLEMENTAL BENEFITS AND PERQUISITES DELIVERED IN A FLEXIBLE STRUCTURE TO ALLOW FOR INDIVIDUAL CHOICE AND BASED ON THE ORGANIZATION'S MISSION AND BUSINESS NEEDS. - OUR EXECUTIVE COMPENSATION PLAN WILL BE DESIGNED, MANAGED AND MAINTAINED IN A MANNER THAT WILL: SUPPORT AND COMPLEMENT OUR MISSION, MANAGEMENT PHILOSOPHY, SHORT- AND LONG-TERM BUSINESS STRATEGIES, AND EMPLOYEE RELATION'S GOALS. ATTRACT AND RETAIN EXECUTIVES WITH THE RIGHT SKILLS, ABILITIES AND MOTIVATION TO ACHIEVE OUR BUSINESS OBJECTIVE. ENSURE THE EXECUTIVE TOTAL COMPENSATION IS REASONABLE AND COMPETITIVE. - OUR CASH COMPENSATION AND BENEFITS PLANS WILL BE REVIEWED AND ADJUSTED PERIODICALLY TO MEET THE CHANGING BUSINESS AND ORGANIZATIONAL CHARACTERISTICS OF OUR ORGANIZATION AND ITS EXECUTIVE STAFF. THE COMPENSATION OF EACH INDIVIDUAL EXECUTIVE WILL BE REVIEWED AND APPROVED IN A MANNER CONSISTENT WITH THE INTERMEDIATE SANCTION TAX REGULATIONS. THE LAST COMPENSATION REVIEW PROCESS WAS COMPLETED IN MAY 2025 BY SULLIVAN COTTER. Form 990, Part VI, Line 6 Classes of members or stockholders OWENSBORO HEALTH, INC. (OH), IS THE SOLE CORPORATE MEMBER OF OWENSBORO HEALTH FOUNDATION, INC. (THE FOUNDATION). OH IS RECOGNIZED AS A 501(C)(3) ORGANIZATION THAT PROMOTES HEALTH. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body AS THE SOLE CORPORATE MEMBER OF THE FOUNDATION, OH RETAINS CERTAIN RESERVED POWERS OVER THE FOUNDATION. THE FOUNDATION'S BOARD OF DIRECTORS WILL ELECT ALL INDIVIDUALS TO SERVE AS FOUNDATION DIRECTORS, SUBJECT TO RATIFICATION BY OH. IF OH FAILS OR REFUSES TO RATIFY THE ELECTION OF A FOUNDATION DIRECTOR, THEN THE FOUNDATION'S BOARD OF DIRECTORS SHALL ELECT ANOTHER INDIVIDUAL AND SUBMIT HIS OR HER NAME TO OH FOR RATIFICATION. THIS PROCESS SHALL CONTINUE UNTIL OH RATIFIES THE ELECTION. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE ADMISSION OF ADDITIONAL MEMBERS SHALL REQUIRE THE AFFIRMATIVE ACT OF A MAJORITY OF THE BOARD OF DIRECTORS OF THE FOUNDATION AND OWENSBORO HEALTH, INC. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS REVIEWED BY THE INTERNAL FINANCE TEAM AND FORWARDED TO THE CFO FOR FINAL REVIEW AND APPROVAL BEFORE FILING. Form 990, Part VI, Line 12c Conflict of interest policy UNDER THE FOUNDATION'S CONFLICT OF INTEREST POLICY, EACH DIRECTOR, OFFICER, MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWER, AND KEY EMPLOYEE IS REQUIRED ANNUALLY TO COMPLETE THE FOLLOWING: (1) CONFIDENTIALITY STATEMENT, (2) DISCLOSURE CERTIFICATE, AND (3) INDEPENDENCE AND RELATED PARTY QUESTIONNAIRE. THESE DISCLOSURES ARE REVIEWED AND RETAINED BY THE CHIEF LEGAL OFFICER OF OH, WHO IS ALSO IN THE APPROVAL CHAIN FOR ALL OH CONTRACTS. ALL COMPLETED CONTRACTS ARE MAINTAINED BY THE LEGAL OFFICE IN A SEARCHABLE DATABASE (THROUGH ICONTRACT). OH MAINTAINS A COMPLIANCE HOTLINE THROUGH WHICH ANYONE WITH KNOWLEDGE OF A CONFLICT OF INTEREST OR IMPROPER VENDOR RELATIONSHIP CAN ANONYMOUSLY REPORT SUSPECTED VIOLATIONS OF THE OH POLICY. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S FORM 1023 AND FORM 990 ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO AVAILABLE ON GUIDESTAR'S DATABASE AVAILABLE AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE AVAILABLE ON THE KENTUCKY SECRETARY OF STATE'S WEBSITE AT HTTPS://APP.SOS.KY.GOV/FTSEARCH/. OTHERWISE, THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. OWENSBORO HEALTH INC 1201 PLEASANT VALLEY ROAD OWENSBORO KY 42303 611286361 HEALTHCARE KY 501(c)(3) 3 NA false OWENSBORO HEALTH MEDICAL GROUP 1201 PLEASANT VALLEY ROAD OWENSBORO KY 42303 611197638 HEALTHCARE KY 501(c)(3) 10 OH true OWENSBORO HEALTH TWIN LAKES MEDICAL CENTER 1201 PLEASANT VALLEY ROAD Owensboro KY 42303 853033915 HEALTHCARE KY 501(c)(3) 3 OH true OWENSBORO AM SR FAC 1000 BRKRG OWENSBORO KY 42303 752184992 SURGERY CENTER KY NA N/A 0 false true true false false false false false false false true true true false true false false false false OWENSBORO HEALTH MEDICAL GROUP B 105779 Transaction amount