2025-11-04T16:21:42-06:00 2024-12-31 346565596 ERNST & YOUNG US LLP 221 EAST 4TH STREET SUITE 2900 CINCINNATI OH 45202 990 2024-01-01 943030039 MARY BRIDGE CHILDREN'S FOUNDATION MARY 2534598141 PO BOX 5299 TACOMA WA 98415 JAMES LEE CFO & EVP-POP. BASED CARE 2534038001 2025-11-04 0 1 ABBEY E LEIBEL P01517527 5136121400 2024 2025-03-06 01:10:19Z WILLIAM ROBERTSON PO BOX 5299 TACOMA WA 98415 26930076 0 X SUPPORT.MULTICARE.ORG X 1986 WA PARTNERING FOR HEALING AND A HEALTHY FUTURE THROUGH PHILANTHROPY. 26 23 5 248 0 0 17445664 12323405 0 0 10195590 13087266 206019 -2179 27847273 25408492 6546195 54400492 0 0 761309 749883 0 0 802671 84341 2101094 7391845 57251469 20455428 -31842977 229709335 208575355 42468607 42459355 187240728 166116000 PARTNERING FOR HEALING AND A HEALTHY FUTURE THROUGH PHILANTHROPY. 0 0 50000000 50000000 IN 2024 MARY BRIDGE CHILDREN'S FOUNDATION PROVIDED $50,000,000 IN FUNDING FOR THE NEW MARY BRIDGE CHILDREN'S HOSPITAL BUILDING.MARY BRIDGE CHILDREN'S HOSPITAL WAS FOUNDED IN 1955 AND FOR MORE THAN 30 YEARS HAS BEEN SHARING SPACE WITH TACOMA GENERAL HOSPITAL. ANNUALLY, MARY BRIDGE CHILDREN'S HOSPITAL HAS OVER 300,000 VISITS.TO ENSURE THAT CHILDREN CONTINUE TO RECEIVE QUALITY CARE, THE NEW BUILDING WILL FEATURE SPECIALIZED OPERATING ROOMS, IMAGING, INFUSION, A PHARMACY, AND EXPANDED EMERGENCY DEPARTMENT AND BEHAVIORAL HEALTH CRISIS ASSESSMENT CAPABILITIES. 3720190 3720190 IN 2024 MARY BRIDGE CHILDREN'S FOUNDATION PROVIDED $3,720,190 IN FUNDING TO A VARIETY OF PROGRAMS AT MARY BRIDGE CHILDREN'S HOSPITAL AND PEDIATRIC NETWORK, INCLUDING BUT NOT LIMITED TO: CHILD ABUSE INTERVENTION, COMMUNITY HEALTH PROMOTION, CHILD LIFE, FAMILY HOUSING SUPPORT, AND THE BRIDGES CENTER FOR GRIEVING CHILDREN. 680302 680302 MARY BRIDGE CHILDREN'S FOUNDATION SUPPORTS THE FACILITIES, PROGRAMS, AND OPERATIONS OF THE MULTICARE HEALTH SYSTEM'S, A RELATED HEALTHCARE TAX-EXEMPT ENTITY, PEDIATRIC NETWORK AND MULTICARE MARY BRIDGE CHILDREN'S HOSPITAL.IN 2024 MARY BRIDGE CHILDREN'S FOUNDATION PROVIDED $680,302 IN FUNDING FOR HOSPITAL EQUIPMENT AND A REDUCED RISK ROOM AT THE MARY BRIDGE CHILDREN'S HOSPITAL. 54400492 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 5 0 1 5 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 23 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 1 0 WA X CALE MIDDLETON 2534598059 820 A STREET TACOMA WA 98402 X NICHOLAS RAJACICH MD MEMBER, PHYSICIAN 2.00 50.00 X 0 836848 37843 STEPHANIE ACIERNO MD MEMBER, PHYSICIAN 2.00 50.00 X 0 716984 46002 ROBERT COOPER MD MEMBER, PHYSICIAN 2.00 50.00 X 0 274542 16658 AMY BETTESWORTH MEMBER 2.00 0.00 X 0 0 0 EVAN BOULANGER VICE CHAIR 2.00 0.00 X X 0 0 0 PETER BRAUN MEMBER 2.00 0.00 X 0 0 0 JAHMAD CANLEY MEMBER 2.00 0.00 X 0 0 0 GUILLERMO CHACON MEMBER 2.00 0.00 X 0 0 0 THOMAS FALSKOW MEMBER 2.00 0.00 X 0 0 0 TORYONO GREEN CHAIR 2.00 0.00 X X 0 0 0 TAMMY HALL MEMBER 2.00 0.00 X 0 0 0 JODI HERCHOLD MEMBER 2.00 0.00 X 0 0 0 RICHARD HERMANSON MEMBER 2.00 0.00 X 0 0 0 CHRISTIAN MATTSON MEMBER 2.00 0.00 X 0 0 0 GLORIA MAYER SECRETARY 2.00 0.00 X X 0 0 0 MONICA NAMES KING MEMBER 2.00 0.00 X 0 0 0 TUAN NGO MEMBER 2.00 0.00 X 0 0 0 RANDI POWELL-JOHNSON MEMBER 2.00 0.00 X 0 0 0 CEFERINO QUESADA MEMBER 2.00 0.00 X 0 0 0 CARLYN ROY MEMBER 2.00 0.00 X 0 0 0 ERIN SHAGREN TREASURER 2.00 0.00 X X 0 0 0 WENDY STRICHERZ MEMBER 2.00 0.00 X 0 0 0 KIMBERLY GOLOB MEMBER 2.00 0.00 X 0 0 0 LINDA MARES TITUS MEMBER 2.00 0.00 X 0 0 0 PER MOERKESETH MEMBER 2.00 0.00 X 0 0 0 JANICE SUTTER MEMBER 2.00 0.00 X 0 0 0 WILLIAM ROBERTSON CEO 2.00 58.00 X 0 7786801 886457 JAMES LEE CFO 2.00 58.00 X 0 1234642 185963 DORENE YOUNG VP FOUNDATIONS 30.00 30.00 X 0 536632 31638 ALICIA CHAPMAN EXEC. DIR. 50.00 0.00 X 261148 0 26338 TRIXY DORN PHILANTHROPHY GIFTS OFFICER 50.00 0.00 X 107220 0 17830 368368 11386449 1248729 3 0 1 0 R90 LIGHTING LLC 6335 1ST AVE S SEATTLE WA 98108 CONSTRUCTION 101980 1 9016 2319929 3725948 21250 6247262 685111 12323405 1840302 1840302 11932075 685111 11246964 11246964 11246964 765771 2319929 828888 -63117 -63117 68523 7585 60938 60938 25408492 0 0 13085087 54400492 54400492 618906 618906 91994 91994 38983 38983 106 106 100 100 8039 8039 CORPORATE ALLOCATION 2037684 2037684 PUBLIC RELATIONS 49977 49977 TRAINING, RETREATS & PL 2583 2583 WASTE & UTILITIES 1206 1206 1399 1399 57251469 54400492 2048306 802671 12498351 1173489 1658 3597 217209326 207398269 229709335 208575355 42468607 42459355 42468607 42459355 X -3542870 30931079 190783598 135184921 187240728 166116000 229709335 208575355 X -31842977 14822003 -4103754 X 0 1 X 1 0 X 23217480 33347560 19456545 17445664 12323405 105790654 23217480 33347560 19456545 17445664 12323405 105790654 26110333 79680321 2632505 8119572 1395942 1925130 1840302 15913451 121704105 0.65470 0.66410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 186262482 -21419634 5164521 54400492 0 115606877 133428086 46462064 10559155 4173068 13755 186262482 135835447 7314545 -182495 9421780 117631 133428086 103366145 30752160 3160465 1455323 -12000 135835447 84670194 17621053 5955609 4921320 -40609 103366145 0.05000 0.34000 0.61000 1 1 1 0 LIMITED USE ASSETS: ENDOWMENT 5668220 OTHER DONOR RESTRICTED ASSETS 42054936 PLEDGE RECEIVABLE 21242427 DUE FROM AFFILIATES 138432686 207398269 X PART V, LINE 4: THE INTENDED USE OF MARY BRIDGE CHILDREN'S FOUNDATION ENDOWMENTS ARE TO PROVIDE SUPPORT TO VARIOUS PROGRAMS AT MARY BRIDGE CHILDREN'S HOSPITAL AND HEALTH CENTER IN ACCORDANCE WITH DONOR INTENT. THE DONOR INTENT IS OUTLINED IN THE LETTER OF UNDERSTANDING THAT IS ENTERED INTO AT THE TIME OF THE ESTABLISHMENT OF EACH ENDOWMENT. PART X, LINE 2: MARY BRIDGE CHILDREN'S FOUNDATION 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." FESTIVAL OF TREES 3085700 2319929 765771 523894 94028 210966 3085700 2319929 765771 523894 94028 210966 828888 -63117 68523 7585 1 1.00000 68523 7585 7585 60938 WA 1 0 1 0 0.00000 1.00000 KELLY WERNER 1313 BROADWAY PLAZA SUITE 350 TACOMA WA 98402 0 KELLY WERNER 0 COORDINATE ALL THE ASPECTS OF THE CHARITY AUCTIONS. X 1 60938 PART III, GAMING, LINE 17B USE OF RAFFLE PROCEEDS: WASHINGTON STATE GAMBLING COMMISSION STATES ALL PROCEEDS MUST BE USED TOWARDS THE NONPROFIT ORGANIZATION'S STATED PURPOSE. ALL THE RAFFLE INCOME IS DISTRIBUTED BACK TO THE ORGANIZATION TO BE USED TOWARDS THE FOUNDATION'S PROGRAMS AND CHARITABLE ACTIVITIES. 1 MULTICARE HEALTH SYSTEM PO BOX 5299 TACOMA WA 98415 911352172 501(C)(3) 54400492 0 CAPITAL AND OPERATIONAL EXPENDITURES 1 0 PART I, LINE 2: ANNUALLY, THE MARY BRIDGE CHILDREN'S FOUNDATION BOARD OF DIRECTORS ACCEPTS GRANT APPLICATIONS FOR PROGRAMS AT MULTICARE HEALTH SYSTEM SEEKING FOUNDATION SUPPORT. EACH PROGRAM MANAGER PRESENTS THEIR APPLICATION, THE PROGRAM'S CURRENT ACTIVITIES, AND THEIR INTENTIONS FOR USE OF THE GRANTED FUNDS IN PERSON TO THE BOARD. THE BOARD OF DIRECTORS VOTES ON EACH OF THE APPLICATIONS FOR APPROVAL OF FUNDING. THROUGHOUT THE YEAR, THE BOARD INVITES THE PROGRAM MANAGER BACK TO REPORT ON PROGRAM DEVELOPMENT, AND USAGE OF THE GRANTED FUNDS. THESE PRESENTATIONS ARE DOCUMENTED IN THE OFFICIAL BOARD MINUTES. 0 1 0 0 0 0 0 0 0 WILLIAM ROBERTSON CEO 0 2059505 0 495884 0 5231412 0 868485 0 17972 0 8673258 0 663973 JAMES LEE CFO 0 1014593 0 212052 0 7997 0 158771 0 27192 0 1420605 0 0 NICHOLAS RAJACICH MD MEMBER, PHYSICIAN 0 716727 0 104013 0 16108 0 20700 0 17143 0 874691 0 0 STEPHANIE ACIERNO MD MEMBER, PHYSICIAN 0 609909 0 93848 0 13227 0 20700 0 25302 0 762986 0 0 DORENE YOUNG VP FOUNDATIONS 0 399016 0 101779 0 35837 0 20700 0 10938 0 568270 0 0 ROBERT COOPER MD MEMBER, PHYSICIAN 0 227911 0 35008 0 11623 0 15969 0 689 0 291200 0 0 ALICIA CHAPMAN EXEC. DIR. 222336 0 37188 0 1624 0 15630 0 10708 0 287486 0 0 0 PART I, LINE 4B LINE 4B - DORENE YOUNG, VP OF FOUNDATIONS OF MULTICARE, IS PARTICIPATING IN A 457(F) PLAN BUT NO AMOUNTS WERE PAID OUT IN 2024. IRC SECTION 457(F) PLANS ALLOW PARTICIPANTS TO CHOOSE FROM A NUMBER OF DIFFERENT TYPES OF BENEFITS WITH A DEFAULT SELECTION INTO A 457(F) PLAN. THE PLAN COVERS EMPLOYEES WHO ARE PRIMARILY A SELECT GROUP OF MANAGEMENT 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 SUPPLEMENTAL INFORMATION PART II, COLUMN III: DEFERRED COMPENSATION AMOUNTS, SERP VESTED TAXABLE DISTRIBUTION, WAS PAID OUT TO WILLIAM ROBERTSON, CEO, IN THE AMOUNT OF $5,216,506. THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN HAS A VESTING SCHEDULE; THE VESTED BENEFIT WAS PAID OUT AS ORDINARY INCOME (REPORTED ON W-2) AS OF THE PARTICIPANT'S VESTING DATE MILESTONE. THE PAYMENT WAS TAXED AND INCLUDED IN COLUMN B,(III). PART II, COLUMN C: MULTICARE HEALTH SYSTEM DEFERRED $847,785 INTO THE EXECUTIVE SUPPLEMENTAL RETIREMENT PLAN (SERP) FOR WILLIAM G. ROBERTSON, CEO, WHICH IS REFLECTED IN COLUMN C. SCHEDULE J, PART I, LINE 3: MARY BRIDGE CHILDREN'S FOUNDATION RELIED ON A RELATED ORGANIZATION, MULTICARE HEALTH SYSTEM, TO ESTABLISH THE COMPENSATION FOR THE ORGANIZATION'S CEO. 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 AND KEY EMPLOYEES IS BASED ON THE TOTAL AMOUNT PAID DURING THE YEAR FOR MANAGEMENT AND LEADERSHIP OF MULTICARE HEALTH SYSTEM AND ITS SUBSIDIARIES. 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 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 60 HOURS PER WEEK TO PERFORM HIS OR HER RESPONSIBILITIES. X 30 685111 TRADING PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE'S AUTHORITY DERIVES FROM THE AUTHORITY OF THE MARY BRIDGE CHILDREN'S FOUNDATION BOARD AND CONSISTS OF EXERCISING SOME POWERS OF THE BOARD BETWEEN REGULARLY SCHEDULED MEETINGS. THE EXECUTIVE COMMITTEE SERVES AS A SOUNDING BOARD FOR MANAGEMENT ON EMERGING ISSUES, PROBLEMS AND INITIATIVES AND REPORTS TO THE BOARD AT THE BOARD'S NEXT MEETING ON ANY OFFICIAL ACTIONS IT HAS TAKEN. THE BOARD DOES NOT PERMIT THE EXECUTIVE COMMITTEE 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 JODI HERCHOLD, MARY BRIDGE CHILDREN'S FOUNDATION (MBCF) BOARD, AND WENDY STRICHERZ, MBCF BOARD, HAVE A FAMILY 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 MARY BRIDGE CHILDREN'S FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A CLASSES OF PERSONS AND THE NATURE OF THEIR RIGHTS THE BOARD OF DIRECTORS OF MULTICARE HEALTH SYSTEM HAS THE POWER TO APPOINT OR REMOVE ANY OF THE BOARD OF DIRECTOR MEMBERS OF MARY BRIDGE CHILDREN'S FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B THE CORPORATE GOVERNANCE FUNCTIONS OF THE FOUNDATION ARE ALLOCATED BETWEEN THE MEMBERS OF MARY BRIDGE CHILDRENS FOUNDATION (CONSISTING OF THE MULTICARE HEALTH SYSTEM BOARD OF DIRECTORS), AND THE MARY BRIDGE CHILDRENS FOUNDATION BOARD OF DIRECTORS. MAJOR CORPORATE ACTIONS THAT REQUIRE THE MEMBERS' APPROVAL ARE THE FOLLOWING: AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BYLAWS; EXPENDITURES, INDEBTEDNESS, SALE, LEASE OR DISPOSAL OF FOUNDATION ASSETS EXCEEDING 5% OF THE FOUNDATION'S ANNUAL GROSS REVENUES; APPROVING MERGER, CONSOLIDATION, OR DISSOLUTION OF THE FOUNDATION; ADOPTION OF THE ANNUAL BUDGET. ALL OTHER ACTIONS NOT RISING TO THE LEVEL OF A FOREGOING MAJOR ACTION ARE SOLELY WITHIN THE PURVIEW OF THE MARY BRIDGE CHILDRENS FOUNDATION DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B PROCESS USED BY THE MANAGEMENT AND/OR GOVERNING BODY TO REVIEW 990 THE FORM 990 IS PREPARED BY THE INTERNAL TAX STAFF AND IS REVIEWED BY AN OUTSIDE ACCOUNTING FIRM. INITIAL REVIEWS WERE PERFORMED BY LEVELS OF MANAGEMENT IN VARIOUS DEPARTMENTS THROUGHOUT THE ORGANIZATION, THE VICE PRESIDENT OF THE MULTICARE HEALTH SYSTEM'S FOUNDATIONS, THE MULTICARE HEALTH SYSTEM CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER. A COPY OF THE FINAL FORM 990, INCLUDING ALL REQUIRED SCHEDULES, IS DISTRIBUTED ELECTRONICALLY FOR REVIEW BY EACH VOTING MEMBER OF THE FOUNDATION'S BOARD OF DIRECTORS PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PROCESS USED TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST: THE FOUNDATION BOARD, THROUGH UTILIZATION OF MULTICARE HEALTH SYSTEM (THE MEMBER) POLICY AND PROCESSES, 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 AND B, PROCESS USED TO DETERMINE COMPENSATION OF THE CEO, CFO, TOP MANAGEMENT OFFICIALS 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, CFO, TOP MANAGEMENT OFFICIALS AND KEY EMPLOYEES FOR THEIR MANAGEMENT AND LEADERSHIP OF MULTICARE HEALTH SYSTEM ENTITIES. UPON THE IDENTIFICATION OF THE COMPENSATION FOR THE YEAR, THE INDEPENDENT CONSULTANT SULLIVAN COTTER, REVIEWS THE COMPENSATION AS PROPOSED BY THE BOARD OF DIRECTORS, AND CONDUCTS AN INDEPENDENT REVIEW. AT THE CONCLUSION OF THIS REVIEW, SULLIVAN COTTER ISSUES A REASONABLENESS OPINION TO MULTICARE HEALTH SYSTEM. THIS IS DONE ANNUALLY AND WAS DONE FOR THE CURRENT YEAR. THE INDEPENDENT CONSULTANTS ASSESSED THAT THE COMPENSATION APPROVED BY THE BOARD FOR 2024 WAS OBJECTIVELY REASONABLE. 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. FORM 990, PART VII, SECTION A: COMMON LAW EMPLOYEES: INDIVIDUALS LISTED AS OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION THAT ARE PAID FULLTIME BY A RELATED ORGANIZATION ARE COMMON LAW EMPLOYEES OF MULTICARE HEALTH SYSTEM, A SEPARATE LEGAL ENTITY. IT IS THE INTENTION OF MULTICARE HEALTH SYSTEM AND THE FILING ORGANIZATION TO MAKE INFORMATION ACCESSIBLE AND TRANSPARENT, REPORTING THOSE MULTICARE HEALTH SYSTEM EMPLOYEES WHO HAVE OFFICER AND KEY EMPLOYEE RESPONSIBILITIES TO THE FILING ORGANIZATION. FORM 990, PART XI, LINE 9: NET ASSETS TRANSFERS -4,103,754. 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 1313 BROADWAY TACOMA WA 98402 911514257 SOLICIT CONTRIBUTIONS WA 501(C)(3) LINE 7 MHS 1 CHVI PROFESSIONAL CORPORATION 820 A STREET TACOMA WA 98402 475457904 HOSPITAL WA 501(C)(3) LINE 3 MHS 1 NAVOS POBOX 46420 SEATTLE WA 98126 910848698 HOSPITAL WA 501(C)(3) LINE 3 MHS 1 MARY BRIDGE BRIGADE POBOX 5299 MS 311-1-MBB TACOMA WA 98415 916030192 SUPPORTING ORGANIZATION WA 501(C)(3) LINE 12B-II N/A 0 MULTICARE REHABILITATION SPECIALISTS 314 MARTIN LUTHER KING JR WAY TACOMA WA 98405 822949880 REHABILITATION WA 501(C)(3) LINE 12-I MHS 1 GREATER LAKES MENTAL HEALTHCARE 9330 59TH AVE SW LAKEWOOD WA 98499 916064184 HOSPITAL WA 501(C)(3) LINE 7 MHS 1 YAKIMA VALLEY MEMORIAL HOSPITAL ASSOCIATION 2811 TIETON DRIVE YAKIMA WA 98902 910567263 HOSPITAL WA 501(C)(3) LINE 3 MHS 1 OVERLAKE HOSPITAL MEDICAL CENTER 1035 116TH AVENUE NE BELLEVUE WA 98004 910652651 HOSPITAL WA 501(C)(3) LINE 3 MHS 1 OVERLAKE HOSPITAL FOUNDATION 1035 116TH AVENUE NE BELLEVUE WA 98004 911050325 CONTRIBUTIONS WA 501(C)(3) LINE 7 MHS 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 WA N/A N/A 0 0 VP SURGERY OF AUBURN 1002 15TH AVE STE 215 AUBURN WA 98001 371668651 HEALTHCARE WA N/A N/A 0 0 REDICLINIC OF WA LLC 9 E GREENWAY PLAZA STE 2950 HOUSTON TX 77046 471808980 HEALTHCARE 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 MYRIADD SUPPLY NETWORK LLC 820 A STREET TACOMA WA 98402 873856218 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 JOURNEY HEALTH INC 1329 N 47TH ST 31112 SEATTLE WA 98103 843589488 HEALTHCARE SERVICES WA N/A C 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0