2023-11-02T13:42:57-05:00 2022-12-31 346565596 ERNST & YOUNG US LLP 221 EAST 4TH STREET SUITE 2900 CINCINNATI OH 45202 990 2022-01-01 475457904 CHVI PROFESSIONAL CORPORATION CHVI 2534031000 PO BOX 5299 TACOMA WA 98415 JASON PARKS PRESIDENT 2534031000 2023-11-02 0 JASON PARKS 999009999 0 ABBEY E LEIBEL P01517527 5136121400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PULSE HEART INSTITUTE WADE HUNT PO BOX 5299 TACOMA WA 98415 62937192 0 X HTTPS://WWW.PULSEHEARTINSTITUTE.ORG/ X 2015 WA TOGETHER, GIVE PEOPLE THEIR BEST LIFE. 9 0 125 0 0 0 62565232 61975575 697648 961617 0 0 0 0 63262880 62937192 0 0 0 0 58781168 66960376 0 0 0 3223292 3624157 62004460 70584533 1258420 -7647341 7336360 10287019 12936943 23534943 -5600583 -13247924 X CHVI'S MISSION IS TOGETHER, GIVE PEOPLE THEIR BEST LIFE. 0 0 70584533 961617 CHVI D/B/A PULSE HEART INSTITUTE (CHVI) IS A HIGHLY SPECIALIZED TAX EXEMPT HEALTHCARE ENTITY THAT EMPLOYS BOARD CERTIFIED CARDIOLOGISTS, CARDIOTHORACIC SURGEONS AND VASCULAR SURGEONS TO PERFORM ADVANCED CARDIOTHORACIC SURGERIES, CARDIAC RESEARCH AND EDUCATION. CHVI IS THE MOST RECENT INNOVATION IN CARE DELIVERY FROM CARDIAC STUDY CENTER AND MULTICARE HEALTH SYSTEM, A RELATED TAX EXEMPT ORGANIZATION. CHVI IS THE PACIFIC NORTHWEST'S DESTINATION FOR HEART HEALTH, OFFERING A COMPREHENSIVE RANGE OF THE MOST ADVANCED CARDIAC, THORACIC, AND VASCULAR SERVICES AVAILABLE. CHVI CONNECTS EMERGENCY, CLINIC, HOSPITAL AND THERAPY SERVICES TO ENHANCE COMMUNICATION AND CONTINUITY. THE ETHOS OF THE ORGANIZATION IS ONE OF PARTNERSHIP AND INSPIRATION. CHVI'S PHYSICIANS ARE AT THE TOP OF THEIR FIELD AND ACTIVELY (SEE SCHEDULE O) SEEK TO STAY ON THE CUTTING EDGE OF CARDIOVASCULAR MEDICINE. 70584533 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 1 0 0 0 1 8 0 1 125 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 0 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 1 0 WA X JASON MITCHELL 2534598059 820 A STREET TACOMA WA 98402 MICHAEL MEYER MD MEMBER,PHYSICIAN 52.00 0.00 X 1493718 0 23065 DAVID CARLSON MD MEMBER,PART YEAR,SRVP MHS 2.00 50.00 X 0 1453095 24027 HASSAN YAZDIAN TEHRANI MD MEMBER,PART YEAR,PHYSICIAN 50.00 0.00 X 1214798 0 35566 VINAY MALHOTRA MD MEMBER,PHYSICIAN 50.00 0.00 X 1176113 0 46033 DEVENDRA VORA MD MEMBER,PHYSICIAN 52.00 0.00 X 1132703 0 28744 DAVID O'BRIEN MD MEMBER, SRVP MHS 2.00 50.00 X 0 1095048 31130 MOMAH KINGSON MEMBER,PHYSICIAN 52.00 0.00 X 1002488 0 32265 MOHIT JAINMD MEMBER,PHYSICIAN 50.00 0.00 X 1017179 0 11609 STEPHEN THEW MD MEMBER,PHYSICIAN 50.00 0.00 X 958707 0 35324 SARAH KOCH MD MEMBER,PHYSICIAN 52.00 0.00 X 720239 0 29793 NEEDHAM WARD MD CHAIRMAN,PHYSICIAN 52.00 0.00 X X 548255 0 36631 CHRISTI MCCARREN RN MEMBER, PART YEAR, SRVP MHS 2.00 50.00 X 0 510401 30324 JASON PARKS PRESIDENT/SECRETARY,TREASURER 50.00 0.00 X 684387 0 46787 PETER CHEN MD PHYSICIAN 50.00 0.00 X 1623360 0 40366 NATHAN E SPENCE MD PHYSICIAN 50.00 0.00 X 1237728 0 14081 VAL A LEV PHYSICIAN 50.00 0.00 X 1234009 0 38521 UMA M KRISHNAN MD PHYSICIAN 50.00 0.00 X 1205147 0 38509 KURT GARY KINNEY PHYSICIAN 50.00 0.00 X 1202931 0 44676 16451762 3058544 587451 103 0 1 0 IQ TECHNOLOGIES LLC PO BOX 2598 GIG HARBOR WA 98335 IT SERVICES 158832 OLYMPIA MULTI-SPECIALTY CLINIC 406 A BLACK HILLS LANE SW OLYMPIA WA 98502 HEALTHCARE SERVICES 117750 2 61975575 61975575 HEALTHCARE SERVICES 622110 961617 961617 961617 62937192 961617 0 0 10274402 10274402 45879416 45879416 8646662 8646662 2159896 2159896 4427 4427 314496 314496 350 350 3939 3939 38924 38924 10609 10609 21720 21720 623336 623336 WA STATE EXCISE TAX 1292919 1292919 CORPORATE ALLOCATION 472931 472931 PUBLIC RELATIONS 328039 328039 RECRUITMENT 269268 269268 243199 243199 70584533 70584533 0 0 82376 82378 7173624 7611126 2528915 109591 44991 80360 64600 7336360 10287019 1323079 139254 11613864 23395689 12936943 23534943 X 0 0 0 0 -5600583 -13247924 -5600583 -13247924 7336360 10287019 -7647341 0 X 0 1 X 1 0 X FORM 990, SCHEDULE A, PART I, LINE 3: REASON FOR PUBLIC CHARITY STATUS THE ENTITY HAS A PUBLIC CHARITY STATUS AS A HOSPITAL, BUT DOES NOT OPERATE A HOSPITAL FACILITY FOR SCHEDULE H PURPOSES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 109591 44991 64600 64600 DUE TO AFFILIATES 23210367 ACCRUED COMPENSATION AND RELATED LIABILITIES 185322 23395689 X PART X, LINE 2: CHVI IS INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF MULTICARE HEALTH SYSTEM (MHS). THE FOOTNOTE ON THE CONSOLIDATED FINANCIAL STATEMENTS READS: "ASC SUBTOPIC 740 10, INCOME TAXES, CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN MHS' CONSOLIDATED FINANCIAL STATEMENTS. THIS TOPIC ALSO PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT STANDARD FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF AN INCOME TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ONLY TAX POSITIONS THAT MEET THE "MORE LIKELY THAN NOT" RECOGNITION THRESHOLD AT THE EFFECTIVE DATE MAY BE RECOGNIZED OR CONTINUE TO BE RECOGNIZED UPON ADOPTION. IN ADDITION, THIS TOPIC PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. OTHER THAN MEDIS, INC., PHYSICIANS OF SOUTHWEST WASHINGTON, LLC AND OLYMPIC SPORTS & SPINE, PLLC, WHICH ARE ALL TAXABLE ENTITIES, ALL OF THE OTHER ENTITIES HAVE OBTAINED DETERMINATION LETTERS FROM THE INTERNAL REVENUE SERVICE THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR TAX ON UNRELATED BUSINESS INCOME." 1 1 0 0 0 0 0 0 0 PETER CHEN MD PHYSICIAN 1520920 0 87187 0 15253 0 18300 0 22066 0 1663726 0 0 0 MICHAEL MEYER MD MEMBER,PHYSICIAN 1353815 0 124908 0 14995 0 18300 0 4765 0 1516783 0 0 0 DAVID CARLSON MD MEMBER,PART YEAR,SRVP MHS 0 654969 0 180768 0 617358 0 0 0 24027 0 1477122 0 0 VAL A LEV PHYSICIAN 1117363 0 96593 0 20053 0 18300 0 20221 0 1272530 0 0 0 NATHAN E SPENCE MD PHYSICIAN 1135745 0 100071 0 1912 0 10675 0 3406 0 1251809 0 0 0 HASSAN YAZDIAN TEHRANI MD MEMBER,PART YEAR,PHYSICIAN 1078416 0 130576 0 5806 0 10675 0 24891 0 1250364 0 0 0 KURT GARY KINNEY PHYSICIAN 1043666 0 143754 0 15511 0 18300 0 26376 0 1247607 0 0 0 UMA M KRISHNAN MD PHYSICIAN 1103879 0 88337 0 12931 0 18300 0 20209 0 1243656 0 0 0 VINAY MALHOTRA MD MEMBER,PHYSICIAN 1094471 0 64931 0 16711 0 18300 0 27733 0 1222146 0 0 0 DEVENDRA VORA MD MEMBER,PHYSICIAN 1023382 0 93441 0 15880 0 18300 0 10444 0 1161447 0 0 0 DAVID O'BRIEN MD MEMBER, SRVP MHS 0 813349 0 152251 0 129448 0 12200 0 18930 0 1126178 0 0 MOMAH KINGSON MEMBER,PHYSICIAN 863585 0 119690 0 19213 0 18300 0 13965 0 1034753 0 0 0 MOHIT JAINMD MEMBER,PHYSICIAN 921553 0 94264 0 1362 0 10675 0 934 0 1028788 0 0 0 STEPHEN THEW MD MEMBER,PHYSICIAN 817184 0 138129 0 3394 0 10675 0 24649 0 994031 0 0 0 SARAH KOCH MD MEMBER,PHYSICIAN 623720 0 84344 0 12175 0 18300 0 11493 0 750032 0 0 0 JASON PARKS PRESIDENT/SECRETARY,TREASURER 488110 0 189248 0 7029 0 18300 0 28487 0 731174 0 0 0 NEEDHAM WARD MD CHAIRMAN,PHYSICIAN 348472 0 148903 0 50880 0 18300 0 18331 0 584886 0 0 0 CHRISTI MCCARREN RN MEMBER, PART YEAR, SRVP MHS 0 351549 0 114384 0 44468 0 18300 0 12024 0 540725 0 0 PART I, LINES 4A-B LINE 4A - IN 2022 THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS: DAVID CARLSON - $217,962. LINE 4B - JASON PARKS, PRESIDENT FOR CHVI- PULSE HEART INSTITUTE, IS PARTICIPATING IN A 457(F) PLAN BUT NO AMOUNTS WERE PAID OUT IN 2022. THE PLAN COVERS EMPLOYEES WHO ARE PRIMARILY A SELECT GROUP OF MANAGEMENT (THE EXECUTIVE GROUP) OR HIGHLY COMPENSATED EMPLOYEES. THIS TYPE OF ARRANGEMENT CONTAINS A RISK OF FORFEITURE AND SOME OF THE ACCOUNTS USE A NON-COMPETE CLAUSE. THE EXECUTIVE GROUP ACCOUNTS CONTAIN A ROLLING 5-YEAR CLIFF 50% VESTING SCHEDULE AND ONCE THAT IS BEING MET THE PARTICIPANT RECEIVES 50% OF THE ACCOUNT, WITH A 100% VESTING UPON AGE 62 OR 5 YEARS OF PRIOR EMPLOYMENT. FOR THE HIGHLY COMPENSATED GROUP (PLAN'S LEGACY PHYSICIAN PARTICIPANT GROUP) DISTRIBUTION OF BALANCES PAID REPRESENTED VESTED AMOUNT DURING THE YEAR. THE PAYMENTS WERE TAXED AND INCLUDED IN COLUMN B, (III). SCHEDULE J, PART I LINE 3: CHVI PROFESSIONAL CORPORATION RELIED ON A RELATED ORGANIZATION, MULTICARE HEALTH SYSTEM, TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT. SEE SCHEDULE O, PART VI, LINE 15 NARRATIVE FOR PROCESS USED BY MULTICARE HEALTH SYSTEM SCHEDULE J, PART I & II, SUPPLEMENTAL: THE REPORTABLE COMPENSATION FOR THE OFFICERS OF THE CORPORATION IS BASED ON THE TOTAL AMOUNT PAID DURING THE YEAR FOR MANAGEMENT AND LEADERSHIP OF MULTICARE HEALTH SYSTEM AND ITS SUBSIDIARIES, INCLUDING CURRENT YEAR PAYMENTS OF AMOUNTS REPORTED IN PRIOR YEARS AS CONTRIBUTIONS TO EMPLOYEE BENEFIT PLANS AND DEFERRED COMPENSATION PLANS, TOGETHER WITH INVESTMENT EARNINGS FROM THOSE PRIOR YEAR CONTRIBUTIONS. THE AMOUNTS UNDER OTHER COMPENSATION, REPORTED ON SCHEDULE J, COLUMN C, INCLUDE DEFERRED COMPENSATION, AND THE VALUE OF MEDICAL, DENTAL, LIFE, DISABILITY INSURANCE, AND PENSION BENEFITS. COMPENSATION ON THIS TAX RETURN INCLUDES AMOUNTS THAT ARE NOT VESTED, ARE SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE AND MAY NOT BE PAID OUT IN THE FUTURE. THE PROCESS FOR DETERMINING EXECUTIVE COMPENSATION AT MULTICARE HEALTH SYSTEM (I) COMPLIES WITH THE IRS FORM 990 INSTRUCTIONS; (II) IS DETERMINED BY A SEPARATE COMMITTEE OF THE BOARD OF DIRECTORS WHOSE MEMBERS ARE ALL INDEPENDENT, DO NOT HAVE A CONFLICT OF INTEREST, AND ARE NON-PAID; AND (III) IS ANNUALLY EVALUATED IN THE CONTEXT OF COMPENSATION DATA GATHERED BY INDEPENDENT EXTERNAL CONSULTANTS FROM A PEER GROUP COMPRISED OF SIMILAR HIGH PERFORMING HEALTHCARE INSTITUTIONS, PRIMARILY INTEGRATED HEALTHCARE ORGANIZATIONS. COMPENSATION PAID IS DETERMINED TO BE REASONABLE AND NECESSARY BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS AND THE INDEPENDENT EXTERNAL CONSULTANT. IN ADDITION, A SIGNIFICANT PORTION OF COMPENSATION IS AT RISK AND BASED ON ACHIEVEMENT OF GOALS SET BY THE BOARD OF DIRECTORS AT THE START OF EACH YEAR IN AREAS SUCH AS PATIENT SAFETY, QUALITY, WORKFORCE DEVELOPMENT, FINANCE AND OTHER MISSION-RELATED AREAS. THE BOARD PLACES A HIGH PRIORITY ON THE NEED TO RECRUIT AND RETAIN A STRONG LEADERSHIP TEAM AND TO CREATE A HIGHLY MOTIVATED AND ENGAGED WORKFORCE TO DRIVE SUPERIOR ORGANIZATIONAL PERFORMANCE IN ORDER TO ACHIEVE TOP TIER INTEGRATED CARE DELIVERY SYSTEM STATUS. THE EXECUTIVE COMPENSATION COMMITTEE ROUTINELY REVIEWS BENEFITS AND RETIREMENT PROGRAMS TO ENSURE THE PLANS ARE MARKET-BASED AND OTHERWISE CONSISTENT WITH IRS GUIDELINES. THE OFFICERS OF MULTICARE HEALTH SYSTEM, 91-1352172, ALSO FULFILL OFFICER AND EXECUTIVE FUNCTIONS FOR ITS RELATED ENTITIES. COMPENSATION DISCLOSED IS REPORTED TO THE RELATED ENTITIES TAX RETURNS IN ACCORDANCE WITH IRS REGULATIONS, BUT IS NOT CHARGED TO THE SUBSIDIARY OR AFFILIATE. AN OFFICER LISTED DEVOTES AN AVERAGE OF 52 HOURS PER WEEK TO PERFORM HIS OR HER RESPONSIBILITIES. FORM 990, PART VI, SECTION A, LINE 1A THE REGIONAL OPERATING COUNCILS, AND THE QUALITY, COMPENSATION AND FINANCE COMMITTEES' AUTHORITY DERIVE FROM THE AUTHORITY OF THE CHVI PROFESSIONAL CORPORATION BOARD AND CONSIST IN EXERCISING SOME POWERS OF THE BOARD BETWEEN REGULARLY SCHEDULED MEETINGS. THE REGIONAL OPERATING COUNCILS, AND QUALITY, COMPENSATION AND FINANCE COMMITTEES SERVE AS A SOUNDING BOARD FOR MANAGEMENT ON EMERGING ISSUES, PROBLEMS AND INITIATIVES AND REPORT TO THE BOARD AT THE BOARD'S NEXT MEETING ON ANY OFFICIAL ACTIONS IT HAS TAKEN. THE BOARD DOES NOT PERMIT THE REGIONAL OPERATING COUNCILS, QUALITY, COMPENSATION OR FINANCE COMMITTEES TO TAKE FINAL ACTION ON CERTAIN MATTERS SUCH AS AMENDING BYLAWS OR RESOLUTIONS OF THE BOARD, APPOINTING OR REMOVING BOARD MEMBERS FROM OFFICE, OBLIGATING THE ORGANIZATION TO NEW DEBT, OR SELLING OR ACQUIRING A MAJOR ASSET. FORM 990, PART VI, SECTION A, LINE 2 DEVENDRA VORA, MD AND VINAY MAHOLTRA, MD HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERS MULTICARE HEALTH SYSTEM, A RELATED TAX-EXEMPT ENTITY, IS THE SOLE CORPORATE MEMBER OF CHVI. FORM 990, PART VI, SECTION A, LINE 7A CLASSES OF PERSONS AND THE NATURE OF THEIR RIGHTS: CHVI'S PROFESSIONAL CORPORATION (CHVI) BOARD CONSISTS OF TEN DIRECTORS WHO ARE LEGALLY AUTHORIZED TO PRACTICE MEDICINE IN THE STATE OF WA. THE SOLE MEMBER OF CHVI, MULTICARE HEALTH SYSTEM, APPOINTS TWO DIRECTORS AND ACTS THROUGH ITS CHIEF EXECUTIVE, THE REMAINDER OF THE VOTING MEMBERS ARE ELECTED PHYSICIAN DIRECTORS AND ONE IS EX-OFFICIO (NON-VOTING) DIRECTOR. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS REQUIRING APPROVAL THE DECISIONS THAT REQUIRE MULTICARE HEALTH SYSTEM BOARD OF DIRECTORS APPROVAL ARE ANY AMENDMENTS TO ARTICLES AND BYLAWS OF THE CHVI PROFESSIONAL CORPORATION, MERGERS, CONSOLIDATIONS, APPROVAL OF COMPENSATION PLANS, STRATEGIC PLANS, ANY MONETARY OBLIGATION OVER $100,000, ANY SALE, LEASE, OR EXCHANGE OF AN ASSET THAT IS OVER 5% OF CHVI'S GROSS REVENUE, AND THE APPROVAL OF THE CHVI ANNUAL BUDGET. ALL OTHER DECISIONS ARE MADE BY THE CHVI DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B PROCESS USED BY MANAGEMENT AND/OR GOVERNING BODY TO REVIEW 990 THE FORM 990 IS PREPARED BY INTERNAL STAFF AND REVIEWED BY AN OUTSIDE ACCOUNTING FIRM. THE BOARD OF DIRECTORS OF CHVI PROFESSIONAL CORPORATION (DBA PULSE HEART INSTITUTE) VOTED UNANIMOUSLY TO HAVE THE FORM 990 REVIEWED AND APPROVED EXCLUSIVELY BY THE PRESIDENT/SECRETARY OF THE BOARD. AFTER REVIEW, ANY NECESSARY REVISIONS ARE MADE. THE FORM 990 IS THEN FINALIZED AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PROCESS USED TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST THE BOARD, THROUGH UTILIZATION OF MULTICARE HEALTH SYSTEM (THE MEMBER), HAS ACCOUNTABILITY FOR OVERSIGHT OF THE PROCESS FOR DISCLOSURE, EVALUATION, AND MANAGEMENT OF CONFLICTS OF INTEREST INVOLVING ANY DIRECTOR ON THE BOARD, EXECUTIVE LEADERSHIP, OR KEY EMPLOYEE. IN ACCORDANCE WITH THE CONFLICTS OF INTEREST POLICY, THESE INDIVIDUALS ARE REQUIRED TO COMPLETE THE CONFLICTS OF INTEREST QUESTIONNAIRE AT LEAST ANNUALLY, AND HAVE AN ONGOING OBLIGATION TO UPDATE THE DISCLOSURE IN THE EVENT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST ARISES. THE CONFLICT OF INTEREST QUESTIONNAIRE INCLUDES A STATEMENT THAT THE 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 THAT THE ORGANIZATION MUST ENGAGE PRIMARILY IN ACTIVITIES THAT FURTHER ITS TAX EXEMPT PURPOSES. WRITTEN DISCLOSURES ARE REVIEWED BY THE COMPLIANCE OFFICER, AND IN CERTAIN CIRCUMSTANCES, THERE IS FURTHER REVIEW BY THE GENERAL COUNSEL AND THE MEMBER. NO PERSON WITH A CONFLICT OF INTEREST PARTICIPATES IN AN ACTIVITY RELATED TO THE CONFLICT OF INTEREST UNLESS DISCLOSED, RESOLVED, AND PERMITTED IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. CONFLICTS OF INTEREST ARE DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 15B A-B - PROCESS USED TO DETERMINE COMPENSATION OF THE CEO, TOP MANAGEMENT OFFICIALS, OTHER OFFICERS AND KEY EMPLOYEES : THE BOARD, THROUGH UTILIZATION OF THE MULTICARE HEALTH SYSTEM (A RELATED TAX-EXEMPT ORGANIZATION) (THE MEMBERS') COMPENSATION COMMITTEE, CONSISTING OF INDEPENDENT, NON-PAID, MHS BOARD MEMBERS, ARE ACCOUNTABLE FOR ENSURING AND APPROVING A REASONABLE TOTAL COMPENSATION PACKAGE, CONSISTENT WITH ITS COMPENSATION PHILOSOPHY, FOR THE CEO FOR HIS MANAGEMENT AND LEADERSHIP OF MULTICARE HEALTH SYSTEM ENTITIES. THE COMPENSATION COMMITTEE DIRECTS THE DEVELOPMENT AND IT APPROVES ANNUAL GOALS AND PERFORMANCE CRITERIA THAT ARE USED TO DETERMINE VARIABLE COMPENSATION OPPORTUNITIES FOR THE PRESIDENT. THE COMPENSATION COMMITTEE ASSESSES PERFORMANCE AGAINST THESE GOALS AND PERFORMANCE CRITERIA, WHICH INCLUDE IMPROVING PATIENT CARE, CARE ACCESS TO THE UNDERSERVED, CLINICAL OUTCOMES, AND PATIENT SAFETY, AS WELL AS EARNING AN OPERATING MARGIN TO ENABLE INVESTMENT IN PEOPLE, TECHNOLOGY, AND FACILITIES. THE COMPENSATION COMMITTEE SELECTS AND ENGAGES A QUALIFIED INDEPENDENT COMPENSATION CONSULTANT EACH YEAR TO REVIEW AND ANALYZE THE TOTAL COMPENSATION PACKAGE FOR ALIGNMENT WITH APPROPRIATE PRACTICES FOR SIMILAR NOT-FOR-PROFIT HEALTHCARE SYSTEMS. THE COMPENSATION COMMITTEE, AS PART OF ITS ANALYSIS, OBTAINS FROM THE INDEPENDENT COMPENSATION CONSULTANT APPROPRIATE COMPARABILITY DATA, INCLUDING TOTAL COMPENSATION PAID BY SIMILARLY SITUATED NOT-FOR-PROFIT HEALTH CARE ORGANIZATIONS FOR POSITIONS THAT ARE FUNCTIONALLY COMPARABLE. THE COMPENSATION DELIBERATION AND DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. THE INDEPENDENT CONSULTANT ANALYZING THE COMPENSATION IS ENGAGED EVERY 3 YEARS AND PROVIDES AN OPINION LETTER COVERING THAT 3 YEAR PERIOD. THE LAST TIME THIS PROCESS WAS UNDERTAKEN WAS 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED CONSOLIDATED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. MULTICARE HEALTH SYSTEM 315 MARTIN LUTHER KING JR WAY TACOMA WA 98405 911352172 HOSPITAL WA 501(C)(3) LINE 3 N/A 0 MULTICARE FOUNDATIONS 409 S J STREET TACOMA WA 98405 911514257 SOLICIT CONTRIBUTIONS WA 501(C)(3) LINE 7 MULTICARE HEALTH SYSTEM 1 MARY BRIDGE CHILDREN'S FOUNDATION 409 S J STREET TACOMA WA 98405 943030039 SOLICIT CONTRIBUTIONS WA 501(C)(3) LINE 7 MULTICARE HEALTH SYSTEM 1 MULTICARE REHABILITATION SPECIALISTS PS 314 MARTIN LUTHER KING JR WAY TACOMA WA 98405 822949880 REHABILITATION WA 501(C)(3) LINE 12-I MULTICARE HEALTH SYSTEM 1 GREATER LAKES MENTAL HEALTHCARE 9330 59TH AVE SW LAKEWOOD WA 98499 916064184 HOSPITAL WA 501(C)(3) LINE 3 MULTICARE HEALTH SYSTEM 1 NAVOS P O BOX 46420 SEATTLE WA 98126 910848698 HOSPITAL WA 501(C)(3) LINE 3 MULTICARE HEALTH SYSTEM 1 OLYMPIC SPORTS & SPINE PLLC 6050 TACOMA MALL BLVD TACOMA WA 98409 822950138 HEALTHCARE SERVICES WA N/A N/A 0 0 AUBURN IMAGING PARTNERS PO BOX 26730 FEDERAL WAY WA 98093 202539907 HEALTHCARE SERVICES WA N/A N/A 0 0 VP SURGERY OF AUBURN 1002 15TH AVE STE 215 AUBURN WA 98001 371668651 HEALTHCARE SERVICES WA N/A N/A 0 0 REDICLINIC OF WA LLC 9 E GREENWAY PLAZA STE 2950 HOUSTON TX 77046 471808980 HEALTHCARE SERVICES TX N/A N/A 0 0 INDIGO IDAHO SERVICES LLC 2836 N RAMSEY ROAD COEUR DALENE ID 83815 883796666 HEALTHCARE SERVICES ID N/A N/A 0 0 PHYSICIANS OF SW WA LLC 1300 EVERGREEN PARK DRIVE SW STE 20 OLYMPIA WA 98502 911717066 HEALTHCARE SERVICES WA N/A N/A 0 0 MEDIS CORPORATION 315 S K STREET TACOMA WA 98405 911111928 BLDG. RENTAL & CONSULTING WA N/A C 0 COMMENCEMENT RE 18 FORUM LANE GRAND CAYMAN CJ KY11107 MALPRACTICE INSURANCE CJ N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0