2024-09-12T19:22:42-05:00 2023-10-31 390859910 BAKER TILLY ADVISORY GROUP LP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2022-11-01 262648461 VAIL HEALTH SERVICES VAIL 9704762451 PO BOX 40000 VAIL CO 81658 MICHAEL BROWN CFO VAIL HEALTH 9704762451 2024-09-12 1 1 LAWRENCE H MOHR CPA P00447603 6128764500 2024-09-12 2022 2024-08-08 14:25:15Z WILL COOK PO BOX 40000 VAIL CO 81658 0 0 X WWW.VAILHEALTH.ORG X 2008 CO VAIL HEALTH SERVICES IS THE PARENT COMPANY OF A GROUP GENERALLY KNOWN AS VAIL HEALTH. 16 14 0 17 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2320 0 2320 0 -2320 0 536923 2527494 5240694 8190694 -4703771 -5663200 VAIL HEALTH SERVICES IS THE PARENT COMPANY OF A GROUP OF COMPANIES GENERALLY KNOWN AS VAIL HEALTH, WHOSE MISSION IS TO ELEVATE HEALTH AMONG OUR MOUNTAIN COMMUNITIES. 0 0 VAIL HEALTH SERVICES IS THE PARENT COMPANY OF A GROUP OF COMPANIES GENERALLY KNOWN AS VAIL HEALTH, WHOSE MISSION IS TO ELEVATE HEALTH ACROSS OUR MOUNTAIN COMMUNITIES. THESE COMPANIES PROVIDE SUPERIOR HEALTH SERVICES, INCLUDING WORLD RENOWNED ORTHOPEDIC SERVICES, REGIONAL CANCER SERVICES, AND EMERGENCY SERVICES. WE INTEGRATE AND ALIGN SERVICE OFFERINGS WITH OUR PHYSICIAN PARTNERS TO MAXIMIZE FLEXIBILITY AND RESPONSIVENESS TO PATIENT NEEDS, INCLUDING PREVENTIVE HEALTH SERVICES AND CONTINUOUS QUALITY IMPROVEMENT THROUGH INVESTMENT IN TECHNOLOGY, FACILITIES AND STAFF DEVELOPMENT. 1 0 0 0 0 0 0 0 0 0 0 0 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 14 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MICHAEL BROWN CFO 9704762451 PO BOX 40000 VAIL CO 81658 WILL COOK PRESIDENT & CEO 1.00 40.00 X X 0 1559247 126664 JERRY GREENBERG MD DIRECTOR 1.00 40.00 X 0 631192 35871 SUSIE VICKERMAN DO DIRECTOR 1.00 40.00 X 0 447291 40194 KRISTEN ICKES DO DIRECTOR 1.00 40.00 X 0 354745 21704 ERIC AFFELDT CHAIRMAN 1.00 1.00 X X 0 0 0 CHRIS JARNOT SECRETARY 1.00 1.00 X X 0 0 0 ANDY ARNOLD DIRECTOR 1.00 1.00 X 0 0 0 ANDY DALY DIRECTOR 1.00 1.00 X 0 0 0 ART KELTON DIRECTOR 1.00 1.00 X 0 0 0 BRATZO HORRUITINER DIRECTOR 1.00 1.00 X 0 0 0 ELLEN MORITZ DIRECTOR 1.00 1.00 X 0 0 0 HARRY FRAMPTON DIRECTOR 1.00 1.00 X 0 0 0 JUSTIN STARZYK DIRECTOR 1.00 1.00 X 0 0 0 LINDA PANCRATZ DIRECTOR 1.00 1.00 X 0 0 0 MARC PHILIPPON MD DIRECTOR 1.00 1.00 X 0 0 0 MARY RANDALL DIRECTOR 1.00 1.00 X 0 0 0 MIKE IMHOF DIRECTOR 1.00 1.00 X 0 0 0 SAM BRONFMAN DIRECTOR 1.00 1.00 X 0 0 0 SUSAN KASSER DIRECTOR 1.00 1.00 X 0 0 0 THOMAS GORRIE DIRECTOR 1.00 1.00 X 0 0 0 JOHN HIGGINS TREASURER 1.00 40.00 X 0 651758 69048 DORIS KIRCHNER FORMER PRESIDENT & CEO 1.00 40.00 X 0 557987 0 0 4202220 293481 0 1 1 0 0 0 0 0 0 0 0 0 0 1855 1855 535068 2525639 536923 2527494 5240694 8190694 5240694 8190694 X -4703771 -5663200 -4703771 -5663200 536923 2527494 X 0 -959429 X X 0 1 X 1 0 X X X 2 VAIL CLINIC INC DBA VAIL HEALTH HOSPITAL 840563230 3 1 0 0 VVMC DIVERSIFIED SERVICES DBA VAIL HEALTH CLINICS 261167922 10 1 0 0 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 SCHEDULE A, PART IV, SECTION D, LINE 3 SUPPORTED ORGANIZATIONS IN DECISION MAKING THE MEMBERS OF THE BOARD OF DIRECTORS FOR VAIL CLINIC, INC., DBA VAIL HEALTH HOSPITAL ALSO SERVE ON THE BOARD OF DIRECTORS FOR VAIL HEALTH SERVICES. THE CHAIR OF THE BOARD OF DIRECTORS FOR VAIL HEALTH SERVICES FOUNDATION SERVES ON THE BOARD OF VAIL HEALTH SERVICES. THESE INDIVIDUALS ARE ALL VOTING MEMBERS OF THE ORGANIZATION AND ARE RESPONSIBLE FOR VOTING IN THE BEST INTEREST OF THE RESPECTIVE ORGANIZATIONS THEY REPRESENT. SCHEDULE A, PART IV, SECTION E, LINE 3A PARENTS OF SUPPORTED ORGANIZATIONS AS THE SOLE CORPORATE MEMBERS OF ITS SUPPORTED ORGANIZATIONS: VAIL CLINIC, INC., DBA VAIL HEALTH HOSPITAL;, VAIL HEALTH SERVICES FOUNDATION, AND VVMC DIVERSIFIED SERVICES, DBA VAIL HEALTH CLINICS, THE FILING ORGANIZATION, VAIL HEALTH SERVICES, HAS THE RIGHT TO APPOINT AND REMOVE THE BOARD MEMBERS OF ITS SUPPORTED ORGANIZATIONS AND EXERCISES REGULAR OVERSIGHT OVER THEIR PROGRAMS AND ACTIVITIES VIA SHARED BOARD MEMBERS AND OFFICERS. SCHEDULE A, PART IV, SECTION E, LINE 3B SEE EXPLANATION 3A ABOVE. 0 INVESTMENT IN BASALT ORTHOPEDIC SURGERY CENTER LLC 1375635 F INVESTMENT IN SUMMIT ORTHOPEDIC SURGERY CENTER LLC 1150004 F 2525639 DUE TO VAIL HEALTH HOSPITAL 8190694 8190694 X PART X, LINE 2: 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 OCTOBER 31, 2023 AND 2022. 1 1 0 0 0 0 0 0 0 WILL COOK PRESIDENT & CEO 0 836158 0 640918 0 82171 0 99122 0 27542 0 1685911 0 0 JOHN HIGGINS TREASURER 0 410541 0 230562 0 10655 0 39726 0 29322 0 720806 0 0 JERRY GREENBERG MD DIRECTOR 0 508144 0 0 0 123048 0 15313 0 20558 0 667063 0 0 DORIS KIRCHNER FORMER PRESIDENT & CEO 0 0 0 0 0 557987 0 0 0 0 0 557987 0 0 SUSIE VICKERMAN DO DIRECTOR 0 414451 0 0 0 32840 0 10300 0 29894 0 487485 0 0 KRISTEN ICKES DO DIRECTOR 0 302797 0 45803 0 6145 0 13017 0 8687 0 376449 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, LINES 4A-B SEVERANCE: DORIS KIRCHNER, PREVIOUS PRESIDENT/CEO, RECEIVED $557,986 DURING THE TAX YEAR. 457F PLAN: WILLIAM COOK AND JOHN HIGGINS PARTICIPATED IN A SERP DURING THE YEAR. THE 457F AMOUNTS WERE $83,872 AND $24,436, RESPECTIVELY. VESTING PERCENTAGES SPECIFIED IN THE WRITTEN AGREEMENTS OCCURS ON OCTOBER 1 OR DECEMBER 1, RESPECTIVELY, OF EACH YEAR. PART I, LINE 7 NON FIXED AND BONUS PAYMENTS: EXECUTIVE COMPENSATION IS PAID AND DETERMINED BY A RELATED PARTY, VAIL CLINIC, INC., DBA VAIL HEALTH HOSPITAL. 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. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF VAIL HEALTH SERVICES (VHS) CONSISTS OF THOSE INDIVIDUALS WHO ARE FROM TIME TO TIME MEMBERS OF THE BOARD OF DIRECTORS OF VAIL CLINIC, INC., DBA VAIL HEALTH HOSPITAL (VHH); AND IF ANY MEMBER OF THE BOARD OF DIRECTORS CEASES FOR ANY REASON TO BE A MEMBER OF BOARD OF DIRECTORS OF VHH, HE OR SHE SHALL AUTOMATICALLY CEASE TO BE A MEMBER OF THE VHS'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990 REVIEW OF THE FORM 990 IS DELEGATED TO MORE QUALIFIED PERSONNEL SINCE THE BOARD MEMBERS ARE NOT TRAINED IN TAX MATTERS. THE CFO, CONTROLLER AND ACCOUNTING STAFF OF VAIL CLINIC, INC. DBA VAIL HEALTH HOSPITAL, PROVIDING SERVICES TO VAIL HEALTH SERVICES, REVIEWS THE TAX FORM AND WORKS WITH AN EXTERNAL CPA FIRM IN THE PRODUCTION OF THE FORM 990. AN ELECTRONIC VERSION IS PROVIDED TO DIRECTORS AND OFFICERS FOR REVIEW, DISCUSSION, AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: 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. BOARD MEMBERS AND AGENTS MUST COMPLETE AND SUBMIT CONFLICT OF INTEREST ELECTRONIC QUESTIONNAIRE TO THE CHIEF ETHICS AND COMPLIANCE OFFICER UPON HIRE OR APPOINTMENT AND THEN ANNUALLY. 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 CHIEF ETHICS AND 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 REVIEW OF OTHER CEO OR TOP MANAGEMENT OFFICIAL 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. EXECUTIVE COMPENSATION WAS LAST FORMALLY REVIEWED IN 2023 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 THE 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. EXECUTIVE COMPENSATION WAS LAST FORMALLY REVIEWED IN 2023 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 THE 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 DESCRIBE HOW GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC: THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC FOR VIEWING FOR VALID BUSINESS PURPOSES. FORM 990, PART XI, LINE 9: CHANGE IN VALUE: BASALT ORTHOPEDIC SURGERY CENTER LLC 140,309. CHANGE IN VALUE: SUMMIT ORTHOPEDIC SURGERY CENTER LLC -1,099,738. 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 HEALTH HOLDINGS LLC PO BOX 40000 VAIL CO 81658 881746155 HOLDING COMPANY CO 0 2525639 VAIL HEALTH SERVICES VAIL CLINIC INC PO BOX 40000 VAIL CO 81658 840563230 HOSPITAL CO 501(C)(3) LINE 3 VAIL HEALTH SERVICES 1 VVMC DIVERSIFIED SERVICES PO BOX 40000 VAIL CO 81658 261167922 HEALTH CARE CO 501(C)(3) LINE 10 VAIL HEALTH SERVICES 1 VAIL HEALTH SERVICES FOUNDATION PO BOX 40000 VAIL CO 81658 742505662 FUNDRAISING CO 501(C)(3) LINE 12B, II VAIL HEALTH SERVICES 1 EAGLE VALLEY MENTAL HEALTH PO BOX 40000 VAIL CO 81658 834327406 BEHAVIORAL HEALTH SERVICES CO 501(C)(3) LINE 7 VAIL HEALTH SERVICES 1 VAIL VALLEY SURGERY CENTER LLC PO BOX 1270 VAIL CO 816581270 030419967 HEALTH CARE CO N/A 0 0 VHS MANAGEMENT SERVICES INC 181 W MEADOW DRIVE SUITE 100 VAIL CO 81657 262647982 HEALTH CARE CO VAIL HEALTH SERVICES C 1.00000 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 VAIL CLINIC INC D 8190694 YEAR-END BALANCE