FORM 990, PART VI, SECTION A, LINE 6 |
THE CORPORATE MEMBERSHIP (THE MEMBERSHIP) OF LLIECHE PURSUANT TO SECTION 9310 OF THE CALIFORNIA NONPROFIT RELIGIOUS CORPORATION LAW SHALL BE LLUAHSC, SACHS, LLUMC AND LLU. |
FORM 990, PART VI, SECTION A, LINE 7A |
LLUAHSC, SACHS, LLUMC AND LLU AS MEMBERS, HAVE RESERVED POWERS TO APPOINT THE GOVERNING BOARD OF LLIECHE AND TO REMOVE FROM OFFICE ANY TRUSTEE OF THE GOVERNING BOARD OF LLIECHE WITH OR WITHOUT CAUSE. |
FORM 990, PART VI, SECTION A, LINE 7B |
POWERS RESERVED TO LLUAHSC, SACHS, LLUMC AND LLU BOARDS OF TRUSTEES REQUIRING A SUPER-MAJORITY VOTE. THE POWERS RESERVED BY LLUAHSC, SACHS, LLUMC AND LLU AS MEMBERS, WHICH MAY ONLY BE EXERCISED BY THE LLUAHSC, SACHS, LLUMC AND LLU BOARDS UPON THE AFFIRMATIVE VOTE OF TWO-THIRDS OF THE TRUSTEES/DIRECTORS PRESENT AND VOTING AT ANY REGULAR OR SPECIAL MEETING OF THE RESPECTIVE BOARDS AT WHICH A QUORUM IS PRESENT ARE TO: 1. APPROVE OR RATIFY ALL CHANGES TO THE ARTICLES OF INCORPORATION AND BYLAWS OF LLIECHE. 2. REMOVE FROM OFFICE THE ENTIRE BOARD OF LLIECHE WITH OR WITHOUT CAUSE. 3. APPROVE ANY SIGNIFICANT CHANGE IN THE CORPORATE PURPOSES OF LLIECHE. POWERS RESERVED TO LLUAHSC, SACHS, LLUMC AND LLU BOARDS. THE POWERS RESERVED BY LLUAHSC, SACHS, LLUMC AND LLU AS MEMBERS, WHICH SHALL ONLY BE EXERCISED BY THE LLUAHSC, SACHS, LLUMC AND LLU BOARDS UPON THE AFFIRMATIVE VOTE OF A MAJORITY OF THE MEMBERS PRESENT AND VOTING AT ANY REGULAR OR SPECIAL MEETING OF THE BOARD AT WHICH A QUORUM IS PRESENT, ARE TO: 1. APPOINT THE BOARD FOR LLIECHE AS SET FORTH IN ARTICLE V. SECTION 1 BELOW. 2. REQUIRE LLIECHE TO HAVE A POLICY FOR BORROWING FUNDS THAT IS CONGRUENT WITH THE LLUAHSC BOARD-APPROVED POLICY ON BORROWING. 3. APPROVE ANY MERGER, CONSOLIDATION, DISSOLUTION OR SALE OF LLIECHE. 4. APPROVE ANY EXCEPTIONS TO THE POLICY FOR THE BORROWING OF FUNDS BY LLIECHE. 5. APPROVE THE STRATEGIC PLAN OF LLIECHE. 6. APPROVE MAJOR CONSTRUCTION PROJECTS OF LLIECHE. 7. APPROVE CORPORATIONS SUBSIDIARY OR AFFILIATED TO LLIECHE INCLUDING ACCOUNTABLE CARE ORGANIZATIONS. 8. ACCEPT THE ANNUAL AUDITED FINANCIAL STATEMENTS OF LLIECHE. 9. APPROVE THE ANNUAL OPERATING AND CAPITAL BUDGETS OF LLIECHE. 10. REQUIRE LLIECHE TO ESTABLISH CONTRACTING GUIDELINES. 11. APPROVE THE BUSINESS DEVELOPMENT PLANS OF LLIECHE. 12. APPROVE RECOMMENDATIONS FROM LLIECHE AND ITS SUBSIDIARIES FOR NEW INSTITUTIONAL ALLIANCES, JOINT VENTURES AND SIMILAR ARRANGEMENTS OUTSIDE THE ORDINARY COURSE OF BUSINESS. 13. REQUIRE LLIECHE TO HAVE A COMPLIANCE PROGRAM. |
FORM 990, PART VI, SECTION B, LINE 11 |
THIS FORM 990 IS REVIEWED BY MANAGEMENT AND IS MADE AVAILABLE TO THE AUDIT COMMITTEE AND THE BOARD FOR REVIEW AND COMMENT BEFORE FILING. INTERNAL AUDIT HAS NOT REVIEWED THIS 990. |
FORM 990, PART VI, SECTION B, LINE 12C |
GENERAL COUNSEL ANNUALLY OBTAINS STATEMENTS OF DISCLOSURE FROM TRUSTEES, OFFICERS, ADMINISTRATORS, KEY EMPLOYEES AND OTHERS WHO MAKE OR AFFECT SIGNIFICANT DECISIONS AND REVIEWS THE FINDINGS WITH APPROPRIATE BOARDS AND COMMITTEES. THE BOARD OF TRUSTEES MAKES THE DECISIONS REGARDING QUESTIONS WHICH HAVE NOT BEEN SATISFACTORILY ANSWERED AFTER ADMINISTRATIVE CONSIDERATION. |
FORM 990, PART VI, SECTION B, LINE 15 |
SACHS PROCESS FOR DETERMINING THE COMPENSATION FOR EMPLOYEES IS BASED ON AN ASSIGNED WAGE STRUCTURE FROM A MARKET SALARY ASSESSMENT. THE SELECTION OF THE STEP PAID FOR ALL EMPLOYEES IS BASED UPON EDUCATION, AND PRIOR EXPERIENCE. LLUAHSC EMPLOYS AN INDEPENDENT OUTSIDE CONSULTING FIRM TO BENCHMARK COMPENSATION FOR LLUAHSC EMPLOYEES, INCLUDING THE CEO AND TOP MANAGEMENT. LLUAHSC PROVIDES ADMINISTRATIVE SERVICES FOR LLIECHE. THE LLUAHSC EXECUTIVE COMPENSATION COMMITTEE USES THE RESULTS OF THE INDEPENDENT SURVEY TO ESTABLISH PAY SCALES FOR THE NEXT FISCAL YEAR. THE EXECUTIVE COMPENSATION COMMITTEE SETS THE TOTAL COMPENSATION BELOW THE INDUSTRY MEAN AND MEDIAN AMOUNTS PROVIDED IN THE SURVEY. THE EXECUTIVE COMPENSATION COMMITTEE IS COMPOSED OF TRUSTEES APPOINTED BY THE LLUAHSC BOARD WHO ARE INDEPENDENT OF LLUAHSCS MANAGEMENT. THE EXECUTIVE COMPENSATION COMMITTEE IS APPOINTED BY THE LLUAHSC BOARD OF TRUSTEES TO HAVE DIRECT RESPONSIBILITY FOR ESTABLISHING COMPENSATION, POLICIES, AND BENEFITS FOR THE SENIOR EXECUTIVES OF LLUAHSC. THE COMMITTEES PROCESS INCLUDES CONTEMPORANEOUS SUBSTANTIATION OFDELIBERATIONS AND DECISIONS. FOR KEY EMPLOYEES OTHER THAN THE OFFICERS AS WELL AS EMPLOYEES IN LEADERSHIP POSITIONS, LLIECHE MANAGEMENT, THROUGH THE HUMAN RESOURCE DEPARTMENT, OBTAINS THE SERVICES OF AN INDEPENDENT CONSULTING FIRM TO CONDUCT NATIONWIDE COMPENSATION SURVEYS. MANAGEMENT USES THE COMPARABLE BENCHMARKS IN THE SURVEY RESULTS TO ESTABLISH OR REVIEW PAY SCALES FOR THE POSITION. THIS SURVEY, CONDUCTED BY THE INDEPENDENT CONSULTING FIRM, IS PERFORMED FOR THE ORGANIZATION EVERY TWO YEARS. INTERNALLY, THE HUMAN RESOURCE DEPARTMENT CONDUCTS ANNUAL SURVEYS USING AT LEAST THREE SURVEY RESULTS FROM INDEPENDENT FIRMS TO ESTABLISH OR REVIEW THE REASONABLENESS OF COMPENSATION AMOUNTS. |
FORM 990, PART VI, SECTION C, LINE 19 |
LLIECHE WILL MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST AND IN ACCORDANCE WITH IRS GUIDELINES. THE CONFLICT OF INTEREST POLICY IS POSTED ON THE ORGANIZATIONS INTERNAL WEBSITE FOR EMPLOYEES. THE FINANCIAL STATEMENTS ARE INCLUDED IN THE IRS FORM 990 WHICH IS AVAILABLE TO THE PUBLIC ON THE GUIDESTAR WEBSITE (WWW.GUIDESTAR.ORG. |