2026-09-15T08:57:15-05:00 2025-10-31 390859910 BAKER TILLY ADVISORY GROUP LP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990 2024-11-01 742505662 VAIL HEALTH SERVICES FOUNDATION VAIL 9704762451 PO BOX 40000 VAIL CO 81658 MICHAEL BROWN CHIEF FINANCIAL OFFICER 9704762451 2026-09-14 1 1 SHELBY NETZ P01405265 4147775500 2026-09-09 2024 VAIL HEALTH FOUNDATION WILL COOK PO BOX 40000 VAIL CO 81658 23103603 0 X WWW.VAILHEALTHFOUNDATION.ORG X 1988 CO THE PROMOTION OF FUNDRAISING ACTIVITIES TO BUILD AND SUSTAIN EXCELLENCE IN HEALTHCARE AND RELATED ACTIVITIES AT VAIL CLINIC, INC., DBA VAIL HEALTH HOSPITAL AND RELATED ENTITIES. 13 11 0 21 0 0 14499644 22799948 0 0 -20541 249086 0 14026 14479103 23063060 7840531 11298509 0 0 0 0 0 0 1442323 7098287 7514214 14938818 18812723 -459715 4250337 65648248 76635459 9774373 12027518 55873875 64607941 X ELEVATING HEALTH ACROSS OUR MOUNTAIN COMMUNITIES BY GENERATING PHILANTHROPY FOR VAIL HEALTH AND OUR NONPROFIT PARTNERS. 1 0 8246186 4435324 VAIL HEALTH PROGRAMS - THE FOUNDATION, THROUGH ITS FUNDRAISING CAMPAIGNS, HAS RAISED FUNDS TO SUPPORT PROGRAMS OF ITS RELATED CORPORATION, VAIL HEALTH HOSPITAL, A 501(C)(3) ORGANIZATION, AND COLORADO MOUNTAIN MEDICAL, A DISREGARDED ENTITY OF VAIL HEALTH HOSPITAL. THE HOSPITAL PROVIDES COMMUNITY BENEFIT TO THE VAIL VALLEY AND SURROUNDING AREAS. FOR THE OPERATING YEAR ENDED OCTOBER 31, 2025 THE FOUNDATION CONTRIBUTED $2.6M TOWARDS HOSPITAL CAPITAL EQUIPMENT AND $1.7M TOWARD HOSPITAL HEALTH CARE PROGRAMS. 5651564 5651564 EAGLE VALLEY BEHAVIORAL HEALTH PROGRAMS - THE FOUNDATION, THROUGH ITS FUNDRAISING CAMPAIGNS, HAS RAISED FUNDS TO SUPPORT PROGRAMS OF ITS RELATED CORPORATION, EAGLE VALLEY BEHAVIORAL HEALTH, A 501(C)(3) ORGANIZATION. THIS ENTITY WAS ESTABLISHED TO LEAD THE COMMUNITY COLLABORATION ENSURING ACCESS TO SUPERIOR BEHAVIORAL HEALTH SERVICES FOR EAGLE COUNTY. FOR THE OPERATING YEAR ENDED OCTOBER 31, 2025 THE FOUNDATION CONTRIBUTED $1.9M TOWARDS CAPITAL EQUIPMENT AND $3.7M TOWARD BEHAVIORAL HEALTH PROGRAMS. 1211621 1211621 THE FOUNDATION, THROUGH ITS FUNDRAISING ACTIVITIES, RAISES FUNDS TO SUPPORT PROGRAMS OF ITS RELATED ENTITY, VAIL HEALTHSPAN LLC, A WHOLLY OWNED SUBSIDIARY OF VAIL HEALTH SERVICES, THE FOUNDATION'S PARENT ORGANIZATION. VAIL HEALTHSPAN WAS ESTABLISHED TO ADVANCE COMMUNITY HEALTH THROUGH PERSONALIZED, EVIDENCE-BASED HEALTH AND WELLNESS PROGRAMS FOCUSED ON PREVENTION, HEALTH OPTIMIZATION, AND HEALTHY AGING. THE PROGRAM SERVES INDIVIDUALS SEEKING TO IMPROVE THEIR PHYSICAL, MENTAL, AND METABOLIC HEALTH THROUGH LIFESTYLE-BASED INTERVENTIONS, INCLUDING NUTRITION, EXERCISE, HEALTH COACHING, BEHAVIORAL HEALTH SUPPORT, AND OTHER WHOLE-PERSON WELLNESS SERVICES.THE PROGRAM SUPPORTS VAIL HEALTH'S MISSION BY PROMOTING HEALTHIER COMMUNITIES, ENCOURAGING DISEASE PREVENTION, IMPROVING QUALITY OF LIFE, AND HELPING INDIVIDUALS MAINTAIN LONG-TERM HEALTH AND INDEPENDENCE. BY EMPHASIZING EDUCATION, EARLY INTERVENTION, AND SUSTAINABLE HEALTH BEHAVIORS, VAIL HEALTHSPAN EXTENDS VAIL HEALTH'S COMMITMENT TO IMPROVING THE HEALTH AND WELL-BEING OF THE COMMUNITIES IT SERVES.FOR THE OPERATING YEAR ENDED OCTOBER 31, 2025, THE FOUNDATION CONTRIBUTED APPROXIMATELY $43K TOWARD CAPITAL EQUIPMENT AND $1.1 MILLION TOWARD HEALTHSPAN PROGRAMS. FISCAL AGENCY ACTIVITY - THE FOUNDATION WORKS WITH PARTNER ORGANIZATIONS THAT SHARE A SIMILAR MISSION OF SUPPORTING OVERALL HEALTH CARE IN EAGLE COUNTY AND THE SURROUNDING REGION. THIS INCLUDES THE FOUNDATION ACTING IN THE CAPACITY OF A FISCAL AGENT TO FACILITATE FUNDRAISING EFFORTS FOR CERTAIN ORGANIZATIONS THAT LACK INTERNAL STAFFING AND SYSTEMS TO RECEIVE AND PROCESS DONATIONS AND EVENT PROCEEDS. THESE PARTNER ORGANIZATIONS INCLUDE STEADMAN PHILIPPON RESEARCH INSTITUTE WHERE THE FOUNDATION MANAGES AN ENDOWMENT OWNED AND DIRECTED TO SPRI, AS WELL AS VARIOUS BEHAVIORAL HEALTH FOCUSED PARTNER ORGANIZATIONS. FUNDS RECEIVED ON BEHALF OF THESE PARTNER ORGANIZATIONS ARE PASSED TO THE PARTNER ORGANIZATION AND ARE NOT RECOGNIZED AS FOUNDATION REVENUE ON THE FOUNDATION'S AUDITED FINANCIALS. 15109371 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 5 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 11 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 X MICHAEL BROWN CHIEF FINANCIAL OFFICER 9704762451 PO BOX 40000 VAIL CO 81658 WILL COOK DIRECTOR, CEO VH 1.00 40.00 X 0 1300013 78581 DANIEL PENNINGTON DIRECTOR, PRESIDENT VHF 40.00 X X 0 550973 58256 JACK ECK MD DIRECTOR 1.00 X 0 0 0 MARY RANDALL DIRECTOR, CHAIR 1.00 1.00 X X 0 0 0 ART KELTON DIRECTOR 1.00 1.00 X 0 0 0 SAM BRONFMAN DIRECTOR 1.00 X 0 0 0 SUZY DONOHUE DIRECTOR 1.00 X 0 0 0 JOHANNES FAESSLER DIRECTOR 1.00 X 0 0 0 PETER MILLETT MD DIRECTOR 1.00 X 0 0 0 CYNTHIA PILLSBURY DIRECTOR 1.00 X 0 0 0 AMANDA PRECOURT DIRECTOR 1.00 X 0 0 0 MICHAEL SHANNON DIRECTOR (OUTGOING) 1.00 X 0 0 0 SUSAN SUGGS DIRECTOR 1.00 X 0 0 0 TINA VARDAMAN DIRECTOR (OUTGOING) 1.00 X 0 0 0 BARBARA WENNINGER DIRECTOR 1.00 X 0 0 0 MICHAEL BROWN CHIEF FINANCIAL OFFICER 1.00 40.00 X 0 473158 39584 0 2324144 176421 0 0 1 0 0 215320 4923833 17660795 616905 22799948 253374 253374 4288 -4288 -4288 -4288 50281 215320 36255 14026 14026 23063060 0 0 263112 X 11098716 11098716 199793 199793 80648 80648 6568637 3431832 1805884 1330921 94359 1800 92559 166905 96609 70296 108654 1200 107454 93051 47626 45425 96256 77195 19061 7797 7797 FUNDRAISING EXPENSE 159932 48530 111402 SUPPLIES 91507 82833 8674 REWARDS & RECOGNITION 34118 3856 30262 LICENSES, CERTIFICATION 4803 4085 718 7547 7499 48 18812723 15109371 2261029 1442323 9028920 6307327 17123621 16894651 11495 17920 36466899 48179655 3017313 2598924 0 2636982 65648248 76635459 4636880 5173634 1627160 1130236 3510333 5723648 9774373 12027518 X 9782468 8577086 46091407 56030855 55873875 64607941 65648248 76635459 X 4250337 4904348 -2230 -418389 X X 0 1 X 1 0 X 4926949 17890324 29849260 14499644 22799948 89966125 4926949 17890324 29849260 14499644 22799948 89966125 19626122 70340003 546942 122369 461 253374 923146 14026 14026 90903297 0.77380 0.72610 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING RECEIPTS - 2024 AMOUNT: $ 14,026. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 14931925 57496 2157782 343027 16804176 13292883 1974161 335119 14931925 10398881 3358333 506729 971060 13292883 9053829 1368164 -23112 10398881 7411055 280417 1362357 9053829 0.00000 1.00000 0.00000 0 0 0 DUE TO EAGLE VALLEY MENTAL HEALTH 986928 DUE TO VAIL CLINIC, INC. 4317006 DUE TO VAIL HEALTH SERVICES 419714 5723648 X PART IV, LINE 2B: FISCAL AGENCY ACTIVITY - THE FOUNDATION WORKS WITH PARTNER ORGANIZATIONS THAT SHARE A SIMILAR MISSION OF SUPPORTING OVERALL HEALTH CARE IN EAGLE COUNTY AND THE SURROUNDING REGION. THIS INCLUDES THE FOUNDATION ACTING IN THE CAPACITY OF A FISCAL AGENT TO FACILITATE FUNDRAISING EFFORTS FOR CERTAIN ORGANIZATIONS THAT LACK INTERNAL STAFFING AND SYSTEMS TO RECEIVE AND PROCESS DONATIONS AND EVENT PROCEEDS. THESE PARTNER ORGANIZATIONS INCLUDE STEADMAN PHILIPPON RESEARCH INSTITUTE WHERE THE FOUNDATION MANAGES AN ENDOWMENT OWNED AND DIRECTED TO SPRI, AS WELL AS VARIOUS BEHAVIORAL HEALTH FOCUSED PARTNER ORGANIZATIONS. FUNDS RECEIVED ON BEHALF OF THESE PARTNER ORGANIZATIONS ARE PASSED TO THE PARTNER ORGANIZATION AND ARE NOT RECOGNIZED AS FOUNDATION REVENUE ON THE FOUNDATION'S AUDITED FINANCIALS. PART V, LINE 4: JACK'S PLACE ENDOWMENT: TO SUPPORT JACK'S PLACE GRAHAM/SMITH ENDOWMENT: TO SUPPORT SHAW PATIENT ASSISTANCE KUBIK ENDOWMENT: TO SUPPORT BEHAVIORAL HEALTH CASE MANAGEMENT CHAPLAINCY ENDOWMENT: TO SUPPORT HOSPITAL CHAPLAINCY VVMC ENDOWMENT: TO SUPPORT THE HOSPITAL PART X, LINE 2: THE ORGANIZATION IS INCLUDED IN A CONSOLIDATED, FOURTEEN MONTH AUDIT THAT ENCOMPASSES THE CURRENT TAX YEAR. RELEVANT PORTIONS OF THE TEXT OF THE FOOTNOTE FOR UNCERTAIN TAX POSITIONS IS AS FOLLOWS: VAIL HEALTH SERVICES, THE HOSPITAL, THE FOUNDATION, THE CLINICS AND EVBH ARE NOT-FOR-PROFIT CORPORATIONS, AND ARE EXEMPT FROM FEDERAL INCOME TAXES ON THEIR EXEMPT INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND A SIMILAR PROVISION OF STATE LAW. THESE ENTITIES ARE SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2025. HIKE WINE & DINE 265601 215320 50281 2050 34205 265601 215320 50281 2050 34205 36255 14026 1 EAGLE VALLEY MENTAL HEALTH PO BOX 40000 VAIL CO 81658 834327406 501(C)(3) 5651564 0 CAPITAL PROJECTS, PROGRAM SUPPORT, GENERAL OPERATING VAIL CLINIC INC DBA VAIL HEALTH HOSPITAL PO BOX 40000 VAIL CO 81658 840563230 501(C)(3) 4232208 0 CAPITAL PROJECTS AND HEALTH CARE PROGRAMS VAIL HEALTH SERVICES PO BOX 40000 VAIL CO 81658 334139717 501(C)(3) 1211621 0 CAPITAL PROJECTS AND OPERATIONAL PROGRAMS 3 0 EMPLOYEE ASSISTANCE 14 21305 PATIENT ASSISTANCE 91 178488 PART I, LINE 2: THE SUPPORTED ORGANIZATIONS (VAIL CLINIC, INC. DBA VAIL HEALTH HOSPITAL AND EAGLE VALLEY BEHAVIORAL HEALTH) NORMALLY RECEIVE, REPORT, AND MANAGE GRANTS. UNLESS OTHERWISE NOTED, THE VAIL HEALTH SERVICES DEVELOPMENT DEPARTMENT MONITORS GRANTS THROUGH COORDINATION WITH THE BENEFITING DEPARTMENT TO ENSURE FUNDS ARE USED FOR THEIR INTENDED PURPOSE AND THAT ALL REPORTING REQUIREMENTS ARE FULFILLED. FOR GRANTS TO INDIVIDUALS THROUGH THE FOUNDATION'S PATIENT ASSISTANCE FUNDS, APPLICANTS MUST MEET ESTABLISHED ELIGIBILITY CRITERIA AND SUBMIT SUPPORTING DOCUMENTATION DEMONSTRATING FINANCIAL NEED. REQUESTS ARE REVIEWED AND APPROVED IN ACCORDANCE WITH FOUNDATION POLICIES, AND ASSISTANCE PAYMENTS ARE TRACKED AND DOCUMENTED. WHERE APPLICABLE, PAYMENTS ARE MADE DIRECTLY TO VENDORS OR SERVICE PROVIDERS, AND RECORDS ARE MAINTAINED TO VERIFY THAT FUNDS WERE USED FOR THE APPROVED CHARITABLE PURPOSE. FOR GRANTS TO INDIVIDUALS THROUGH THE EMPLOYEE ASSISTANCE FUND, REQUESTS ARE REVIEWED UNDER ESTABLISHED PROGRAM GUIDELINES AND ELIGIBILITY REQUIREMENTS. SUPPORTING DOCUMENTATION IS REQUIRED, AND PAYMENTS ARE MADE DIRECTLY TO THIRD-PARTY VENDORS OR SERVICE PROVIDERS RATHER THAN TO EMPLOYEES DIRECTLY. ASSISTANCE AWARDS ARE TRACKED AND DOCUMENTED TO ENSURE COMPLIANCE WITH PROGRAM POLICIES AND THAT FUNDS ARE USED FOR THEIR INTENDED CHARITABLE PURPOSE. 0 1 0 0 0 0 0 0 0 WILL COOK DIRECTOR, CEO VH 0 883106 0 343518 0 73389 0 40250 0 38331 0 1378594 0 0 DANIEL PENNINGTON DIRECTOR, PRESIDENT VHF 0 364103 0 180253 0 6617 0 17250 0 41006 0 609229 0 0 MICHAEL BROWN CHIEF FINANCIAL OFFICER 0 373980 0 93754 0 5424 0 16875 0 22709 0 512742 0 0 PART I, LINE 3 EXECUTIVE COMPENSATION COMPENSATION IS PAID THROUGH A RELATED ENTITY, VAIL CLINIC, INC., DBA VAIL HEALTH HOSPITAL. PLEASE SEE SCHEDULE O, PART VI, LINE 15A NARRATIVE FOR COMPENSATION DETERMINATION FOR EXECUTIVES. PART I, LINE 4B 457(F)/457(B) PLAN: WILL COOK PARTICIPATED IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) DURING THE YEAR. THE 457(F)/457(B) AMOUNT WAS $90,000, AND HE IS FULLY VESTED IN THE PLAN. PART I, LINE 7 NON FIXED AND BONUS PAYMENTS: INCENTIVE BONUSES ARE CALCULATED AS A PERCENT OF BASE COMPENSATION. THE DETERMINATION OF WHETHER OR NOT A PAYOUT IS MADE IS BASED ON COMPANY FINANCIAL PERFORMANCE AND ON INDIVIDUAL PERFORMANCE REVIEWS CONDUCTED BY THE CEO AND THE COMPENSATION COMMITTEE. CERTAIN PHYSICIAN PRODUCTIVITY BONUSES ARE PAID BASED ON RELATIVE VALUE UNITS (RVUS) WHICH ARE AN INDICATION OF THE EMPLOYEE'S PRODUCTIVITY OR LEVEL OF EFFORT. OTHER PHYSICIAN BONUSES ARE BASED ON SATISFACTION OF CRITERIA DEFINED IN EMPLOYMENT AGREEMENTS. X 2559 THRIFT STORE VALUE X 13 582174 QUOTED MARKET PRICE X FOOD FOR EVENTS 13 32172 RETAIL SELLING PRICE 0 0 1 0 PART I, COLUMN (B): THE NUMBER IN PART I COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART III, LINE 2 REFER TO PART III, LINE 4C STATEMENT FOR DESCRIPTION OF NEW PROGRAM SERVICE ACTIVITY: FUNDRAISING FOR VAIL HEALTHSPAN LLC. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE VOTING MEMBER OF THE CORPORATION SHALL BE VAIL HEALTH SERVICES, A COLORADO NONPROFIT CORPORATION, AND THE CORPORATION SHALL HAVE NO OTHER MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER HAS THE EXCLUSIVE POWER TO APPOINT, REMOVE, AND REPLACE ALL THE ELECTED DIRECTORS OF THE CORPORATION WITH OR WITHOUT CAUSE. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS OF THE ORGANIZATION ARE SUBJECT TO APPROVAL BY THE SOLE VOTING MEMBER (VAIL HEALTH SERVICES). FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF THE FORM 990 IS DELEGATED TO MORE QUALIFIED PERSONNEL SINCE THE BOARD MEMBERS ARE NOT TRAINED IN TAX MATTERS. THE CHIEF FINANCIAL OFFICER, CONTROLLER AND ACCOUNTING STAFF OF VAIL CLINIC, INC., DBA VAIL HEALTH HOSPITAL PROVIDE SERVICES TO VAIL HEALTH SERVICES FOUNDATION, REVIEW THE TAX FORM AND WORK WITH AN EXTERNAL CPA/TAX FIRM IN THE PRODUCTION OF THE FORM 990. AN ELECTRONIC VERSION IS PROVIDED TO DIRECTORS AND OFFICERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO VAIL HEALTH HOSPITAL (VHH) BOARD MEMBERS, OFFICERS, MEDICAL STAFF, LICENSED INDEPENDENT PRACTITIONERS, VOLUNTEERS, AGENTS, CONTRACTORS AND EMPLOYEES. ALL BOARD MEMBERS, MEDICAL STAFF, NURSE PRACTITIONERS, PHYSICIAN ASSISTANTS, AND EMPLOYEES OF VHH ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST BY COMPLETING A CONFLICT OF INTEREST ELECTRONIC QUESTIONNAIRE UPON HIRE OR APPOINTMENT AND THEN ANNUALLY THEREAFTER. BOARD MEMBERS AND AGENTS MUST COMPLETE AND SUBMIT CONFLICT OF INTEREST ELECTRONIC QUESTIONNAIRE TO THE COMPLIANCE OFFICER UPON HIRE OR APPOINTMENT AND THEN ANNUALLY THEREAFTER. VOLUNTEERS MUST COMPLETE AND SUBMIT DISCLOSURE FORMS TO THE MANAGER OF VOLUNTEERS WHEN THEY BEGIN PROVIDING SERVICES TO VHH AND THEN ANNUALLY. IF DURING THE YEAR ANY NEW POTENTIAL CONFLICTS OF INTEREST ARISE, COVERED PERSONS MUST REPORT THE POTENTIAL CONFLICTS OF INTEREST IMMEDIATELY (AND PRIOR TO UNDERTAKING ANY ACTIVITY THAT MAY RAISE A POTENTIAL CONFLICT OF INTEREST). THE COMPLIANCE OFFICER, THE VOLUNTEER SERVICES PROGRAM MANAGER AND THE COMMITTEE SHALL CONSIDER THE FOLLOWING FACTORS WHEN REVIEWING COMPLETED DISCLOSURE FORMS: - WHETHER THE COLLEAGUE OR AN IMMEDIATE FAMILY MEMBER IS A PARTY TO, OR MAY DIRECTLY OR INDIRECTLY BENEFIT FROM, A PROPOSED AGREEMENT OR TRANSACTION INVOLVING VHH; - WHETHER THE COLLEAGUE'S DESIRE FOR, OR EXPECTATION OF, DIRECT OR INDIRECT EXTERNAL ECONOMIC ADVANTAGE COULD DISTORT A VHH DECISION OR ACTIVITY; - WHETHER THE COLLEAGUE OR AN IMMEDIATE FAMILY MEMBER IS ENGAGING IN AN ACTIVITY, BUSINESS, OR TRANSACTION IN WHICH VHH IS LIKELY TO ENGAGE; - WHETHER THE COLLEAGUE'S OUTSIDE ACTIVITIES MAY CONFLICT WITH RIGHTS OF, OR THE COLLEAGUE'S OBLIGATIONS TO, VHH OR VHH'S PATIENTS; - WHETHER THE CONFLICT OF INTEREST CAN BE CURED OR MANAGED BY RECUSAL OR OTHER APPROPRIATE ACTION; - WHETHER THERE IS AN APPEARANCE OF A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION IS PAID AND DETERMINED BY A RELATED PARTY, VAIL CLINIC, INC., DBA VAIL HEALTH HOSPITAL. A FORMAL EXTERNAL REVIEW IS CONDUCTED EVERY YEAR. EXECUTIVE COMPENSATION WAS LAST FORMALLY REVIEWED IN 2025 BY SULLIVAN COTTER. THIS REVIEW EVALUATES TOTAL COMPENSATION OF THE EXECUTIVE AGAINST COMPENSATION DATA FOR THE SAME OR SIMILAR JOB BY INDUSTRY, REVENUE SIZE AND GEOGRAPHIC LOCATION AND OTHER FACTORS TO ENSURE THAT THE COMPENSATION PAID IS APPROPRIATE AND REASONABLE. THAT INFORMATION IS THEN REVIEWED BY THE COMPENSATION COMMITTEE AND THE BOARD OF DIRECTORS. INTERNAL REVIEWS ARE PERFORMED AS WELL AT TIME OF HIRE AND ON AN ONGOING BASIS USING COMPENSATION SURVEYS. REVIEW OF OTHER OFFICER, AND KEY EMPLOYEE COMPENSATION: EXECUTIVE COMPENSATION IS PAID AND DETERMINED BY A RELATED PARTY, VAIL CLINIC, INC., DBA VAIL HEALTH HOSPITAL. A FORMAL EXTERNAL REVIEW IS CONDUCTED EVERY YEAR. OTHER OFFICER, AND KEY EMPLOYEE COMPENSATION WAS LAST FORMALLY REVIEWED IN 2025 BY SULLIVAN COTTER. THIS REVIEW EVALUATES TOTAL COMPENSATION OF THE INDIVIDUAL AGAINST COMPENSATION DATA FOR THE SAME OR SIMILAR JOB BY INDUSTRY, REVENUE SIZE AND GEOGRAPHIC LOCATION AND OTHER FACTORS TO ENSURE THAT THE COMPENSATION PAID IS APPROPRIATE AND REASONABLE. THAT INFORMATION IS THEN REVIEWED BY THE COMPENSATION COMMITTEE AND THE BOARD OF DIRECTORS. INTERNAL REVIEWS ARE PERFORMED AS WELL AT TIME OF HIRE AND ON AN ONGOING BASIS USING COMPENSATION SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC FOR VIEWING FOR VALID BUSINESS PURPOSES. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 1,449,977. MANAGEMENT AND GENERAL EXPENSES 191,227. TOTAL EXPENSES 1,641,204. PURCHASED SHARED SERVICES: PROGRAM SERVICE EXPENSES 580,986. MANAGEMENT AND GENERAL EXPENSES 1,355,634. TOTAL EXPENSES 1,936,620. REIMBURSED SALARIES & BENEFITS: PROGRAM SERVICE EXPENSES 1,400,869. MANAGEMENT AND GENERAL EXPENSES 259,023. FUNDRAISING EXPENSES 1,330,921. TOTAL EXPENSES 2,990,813. FORM 990, PART IX, LINE 11G: CERTAIN ADMINISTRATIVE AND PROGRAM COSTS THAT ARE SHARED BY THE ENTIRE VAIL HEALTH SYSTEM ARE ALLOCATED OUT TO INDIVIDUAL ENTITIES BASED ON USAGE OF THOSE SERVICES. THE FOUNDATION IS ALLOCATED ITS PROPORTIONATE SHARE OF THE SYSTEM'S ACCOUNTING, LEGAL, FACILITIES, MARKETING, AND IT COSTS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF EAGLE RIVER REAL ESTATE HOLDINGS LLC -418,389. FORM 990, PART XII, LINE 2C: NEITHER THE OVERSIGHT PROCESS FOR THE AUDIT OR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE TAX YEAR. VAIL CLINIC INC DBA VAIL HEALTH HOSPITAL PO BOX 40000 VAIL CO 81658 840563230 HOSPITAL CO 501(C)(3) LINE 3 VAIL HEALTH SERVICES 0 VAIL HEALTH SERVICES (VHS) PO BOX 40000 VAIL CO 81658 262648461 HOLDING CO CO 501(C)(3) LINE 12C, III-FI N/A 0 VVMC DIVERSIFIED SERVICES PO BOX 40000 VAIL CO 81658 261167922 HEALTH CARE CO 501(C)(3) LINE 10 VAIL HEALTH SERVICES 0 EAGLE VALLEY MENTAL HEALTH PO BOX 40000 VAIL CO 81658 834327406 BEHAVIORAL HEALTH SERVICES CO 501(C)(3) LINE 7 VAIL HEALTH SERVICES 0 VAIL VALLEY SURGERY CENTER PO BOX 1270 VAIL CO 81658 030419967 HEALTH CARE CO N/A 0 0 EAGLE RIVER REAL ESTATE HOLDINGS PO BOX 4000 VAIL CO 81658 831523347 RENTAL CO VAIL CLINIC INC RELATED 671141 71744200 0 0 0.25000 CMM HOLDINGS LLC 181 W MEADOW DRIVE SUITE 100 VAIL CO 81658 334381379 INVESTMENT CO N/A 0 0 VHS MANAGEMENT SERVICES INC 181 W MEADOW DRIVE SUITE 100 VAIL CO 81657 262647982 HEALTH CARE CO N/A C 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1