2020-08-07T08:05:38-05:00 2019-09-30 560747981 DIXON HUGHES GOODMAN LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990 2018-10-01 510191937 THE FOUNDATION OF FIRSTHEALTH INC FOUN 9106957500 155 MEMORIAL DRIVE PINEHURST NC 28374 MICKEY FOSTER PRESIDENT & CEO 9106957500 2020-08-05 1 AMY BIBBY P00445891 8282542254 2020-08-05 47.27.82.235 2020-08-05 14:58:33 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 BEC9594289F9DCBB4F655B5045764FC48E5A1487 2018 2020-09-23 17:36:50Z KATHLEEN STOCKHAM 155 MEMORIAL DRIVE PINEHURST NC 28374 7283427 0 X WWW.FIRSTHEALTH.ORG/FOUNDATION X 1976 NC PROVIDE PHILANTHROPIC SUPPORT OF FIRSTHEALTH OF THE CAROLINAS, INC. 19 15 0 360 0 0 4113208 4603091 0 0 5333585 2668965 -61558 -35617 9385235 7236439 2297150 2980306 0 0 0 999377 0 0 476180 1542736 1107181 3839886 5086864 5545349 2149575 78667828 78657579 3869735 3520548 74798093 75137031 X PROVIDE PHILANTHROPIC SUPPORT TO FIRSTHEALTH OF THE CAROLINAS, INC., A HEALTHCARE SYSTEM EXEMPT FROM INCOME TAX UNDER IRS SECTION 501C(3) AND 170(B)(1)(A)(III). 0 0 3720373 2980306 THE FOUNDATION OF FIRSTHEALTH, INC. ("FOUNDATION") PROVIDES PHILANTHROPIC SUPPORT TO THE OPERATING ENTITIES AND BUSINESS LINES OF FIRSTHEALTH OF THE CAROLINAS, INC. ("FIRSTHEALTH"), A NOT-FOR-PROFIT HEALTHCARE SYSTEM. THIS PHILANTHROPIC SUPPORT INCLUDED $2,980.306 IN GRANTS TO FIRSTHEALTH FOR OPERATIONAL SUPPORT OF EXISTING PATIENT CARE FACILITIES AND SERVICES, PHYSICIAN AND CLINICAL STAFF EDUCATION, AND OTHER APPROVED OPERATIONAL NEEDS. SIGNIFICANT DISBURSEMENT FROM THE FOUNDATION TO FIRSTHEALTH INCLUDED, BUT WERE NOT LIMITED TO: $599,172 TO COVER THE OPERATING DEFICITS OF THE FIRSTHEALTH HOSPICE HOUSE FOR FY 2018; $386,850 TO COVER THE OPERATING DEFICIT OF THE CLARA MCLEAN HOSPITALITY HOUSE ("CLARA'S HOUSE") LOCATED ON THE FIRSTHEALTH MOORE REGIONAL HOSPITAL - PINEHURST CAMPUS AND TO OFFSET THE COST OF COMMUNITY PROGRAMS HELD AT THE FACILITY; $392,922 PAID IN SUPPORT OF THE FIRSTHEALTH PHYSICIAN'S LEADERSHIP ACADEMY PROGRAM AND THE OFFICE OF PROVIDER WELLBEING; $275,414 IN SUPPORT OF VARIOUS COMMUNITY AWARENESS EDUCATION PROGRAMS AROUND THE FIRSTHEALTH SERVICE AREA; $146,573 IN SUPPORT OF EXPANDING FIRSTHEALTH HOSPICE'S OUTPATIENT PALLIATIVE CARE PROGRAMS; $115,999 DISBURSED FROM THE CANCER CARE FUND TO ASSIST PATIENTS WITH DIFFERENT TYPES OF CANCER WITH THE COST OF MEDICATION CO-PAYS, GAS MONEY, ARRANGING SPECIAL TRANSPORTATION NEEDS, SPECIAL NUTRITIONAL NEEDS, ETC.; $304,813 PAID TO FIRSTHEALTH MOORE REGIONAL HOSPITAL IN SUPPORT OF NUMEROUS NURSING EDUCATION PROGRAMS, NURSING ENRICHMENT PROGRAMS, EXTERNAL PROFESSIONAL CONFERENCES, ETC. AND FOR ONGOING MAGNET TRAINING; $156,000 TO PROVIDE UNDERINSURED CHILDREN WITH QUALITY DENTAL CARE AND OUTSIDE PROFESSIONAL DENTAL SERVICES FOR NEEDED DENTAL SURGERIES; $131,625 DISBURSED BY THE FIRSTHEALTH RICHMOND MEMORIAL HOSPITAL FOUNDATION IN SUPPORT OF HEALTH SERVICES PROVIDED TO THE RESIDENTS OF RICHMOND COUNTY, AND $78,896 DISBURSED BY THE FIRSTHEALTH MONTGOMERY MEMORIAL HOSPITAL FOUNDATION IN SUPPORT OF HEALTH SERVICES PROVIDED TO THE RESIDENTS OF MONTGOMERY COUNTY.THE CLARA MCLEAN HOSPITALITY HOUSE ("CLARA'S HOUSE"), ON THE FIRSTHEALTH MOORE REGIONAL HOSPITAL CAMPUS IN PINEHURST, OFFERS TWELVE (12) OVERNIGHT GUEST ROOMS AND TWO DAY-VISIT ROOMS, AS WELL AS OTHER SUPPORT SERVICES, TO OUT-OF-TOWN PATIENTS, THEIR FAMILIES (PRIORITY GIVEN TO PATIENTS AND FAMILIES WHO LIVE AT LEAST 30 MILES FROM PINEHURST) AND OUT-OF-TOWN VISITING GUESTS WHILE THEY ARE RECEIVING TREATMENT AT FIRSTHEALTH MOORE REGIONAL HOSPITAL, THE SURGERY CENTER OF PINEHURST OR THE FIRSTHEALTH HOSPICE HOUSE INPATIENT FACILITY. GUEST FEES FOR A SINGLE OR DOUBLE ROOM IN CLARA'S HOUSE ARE $35 PER NIGHT, A SUITE IS $70 PER NIGHT AND A DAY ROOM IS $20. DURING FISCAL 2019, CLARA'S HOUSE PROVIDED A TOTAL OF 2,749 ROOM NIGHTS, A 62% OCCUPANCY RATE. THE GUESTS CAME TO PINEHURST FROM THROUGHOUT NORTH CAROLINA, 36 OTHER STATES AND FROM GREAT BRITAIN, PHILIPPINES, MEXICO AND IRAQ. CLARA'S HOUSE ALSO EXPERIENCED A SIGNIFICANT INCREASE IN CANCER PATIENT ROOM NIGHTS IN FISCAL 2019, WITH 37 CANCER PATIENTS IN RESIDENCE DURING TREATMENT VERSUS 13 PATIENTS IN FISCAL 2018. 3720373 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MICHAEL S BOLLINGER COMPLIANCE OFFICER 9107155182 155 MEMORIAL DRIVE PINEHURST NC 28374 JOHN DEVAULT CHAIR 2.00 X X 0 0 0 CATHY SCHLAFF SECRETARY 2.00 X X 0 0 0 ART MEDEIROS ASST. SECRETARY 2.00 X X 0 0 0 RON SCHUCH TREASURER 2.00 X X 0 0 0 ROBERT WEBER MEMBER 1.00 X 0 0 0 DR MARY ELLEN TINDALL MEMBER (THRU 12/18) 1.00 X 0 0 0 ROBERT SPONZO MD MEMBER 1.00 X 0 0 0 KITTI PYNE MEMBER 1.00 X 0 0 0 ROBERT LOVELL MEMBER 1.00 X 0 0 0 NANCY KAESER MEMBER 1.00 X 0 0 0 JUDITH KELLEY MEMBER (THRU 12/18) 1.00 X 0 0 0 KERRY HENSLEY MEMBER 1.00 X 0 0 0 CINDY GOODMAN MEMBER 1.00 X 0 0 0 JOHN ELLIS MD MEMBER (BEGAN 1/19) 1.00 X 0 0 0 ART EDGERTON MD MEMBER (BEGAN 1/19) 1.00 X 0 0 0 DR MANFRED BULLER PHD MEMBER (THRU 12/18) 1.00 X 0 0 0 JAMES J JACKSON MEMBER (BEGAN 1/19) 1.00 X 0 0 0 KATHY STOCKHAM EX-OFFICIO MEMBER 50.00 X 0 216402 26721 MICKEY FOSTER EX-OFFICIO MEMBER (BEGAN 7/8) 49.00 X 0 0 0 CAROLYN HELMS EX-OFFICIO MEMBER 1.00 X 0 0 0 KAREN ROBEANO EX-OFFICIO MEMBER 49.00 X 0 255170 11158 DANIEL BARNES DO EX-OFFICIO MEMBER (BEGAN 1/19) 49.00 X 0 476410 25004 DAVID KILARSKI EX-OFFICIO MEMBER (THRU 7/31) 49.00 X 0 1217313 82149 LYNN DEJACO SR. VP, CORP. CFO 49.00 X 0 558468 28364 0 2723763 173396 0 0 1 0 0 143130 4459961 32885 4603091 2670107 2670107 1142 -1142 -1142 -1142 10229 143130 45846 -35617 -35617 7236439 0 0 2633348 2980306 2980306 922925 378109 544816 76452 31321 45131 81397 81397 61987 45849 16138 679009 202829 476180 284788 284788 5086864 3720373 890311 476180 529976 766465 6298324 2234907 4370058 4063417 73767794 73827697 78667828 78657579 3869735 3520548 3869735 3520548 X 35056685 35518628 21445406 39414163 18296002 204240 74798093 75137031 78667828 78657579 2149575 -1810637 0 X X 0 1 X 1 0 X X 1 FIRSTHEALTH OF THE CAROLINAS INC 561936354 3 1 2980306 740067 1 2980306 740067 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21622455 247990 406082 327436 21949091 18339797 2385917 1011341 114600 21622455 17030422 50000 1965128 705753 18339797 15685491 1454931 110000 17030422 13910677 2500000 -366458 358728 15685491 1.00000 0 0 209201 209201 4902674 1460277 3442397 868937 564908 304029 317512 209722 107790 4063417 ANNUITY OBLIGATIONS 2849582 DUE TO AFFILIATES 670966 3520548 X 5390251 -1810637 45846 -1764791 7155042 81397 81397 7236439 5051313 45846 45846 5005467 81397 81397 5086864 PART V, LINE 4: THE CORPUS OF THE PERMANENTLY-RESTRICTED ENDOWMENT FUNDS ARE TO BE HELD INTACT IN-PERPETUITY. INVESTMENT INCOME GENERATED ON TEMPORARILY AND PERMANENTLY-RESTRICTED ENDOWMENT IS AVAILABLE FOR THE PURCHASE OF EQUIPMENT, HEALTH EDUCATION, AND/OR HEALTH CARE SERVICES PROVIDED BY THE FIRSTHEALTH OF THE CAROLINAS, INC.'S OPERATING ENTITIES AND BUSINESS LINES. PART X, LINE 2: THE FOUNDATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE") AND AS A PUBLIC CHARITY UNDER SECTION 509(A) OF THE CODE. CONTRIBUTIONS TO THE FOUNDATION QUALIFY FOR A CHARITABLE CONTRIBUTION DEDUCTION TO THE EXTENT PROVIDE BY LAW. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE FOUNDATION FOLLOWS THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS, WHICH CLARIFIES THE ACCOUNTING UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR THE FINANCIAL STATEMENTS RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THIS STANDARD HAS HAD NO SIGNIFICANT IMPACT ON THE FINANCIAL STATEMENTS OF THE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 45,846. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 45,846. MONTGOMERY SPRING EVENT 86232 78232 8000 917 2701 11852 3164 RUN FOR THE RIBBONS 35605 35605 1147 145 76 12758 1 31522 29293 2229 150 273 626 3905 8132 153359 143130 10229 150 2337 3472 15833 24054 45846 -35617 1 FIRSTHEALTH OF THE CAROLINAS INC 155 MEMORIAL DRIVE PINEHURST NC 28374 561936354 501(C)(3) 2980306 FMV MEDICAL EQUIPMENT, HEALTH EDUCATION, HEALTH CARE SERVICES 1 PART I, LINE 2: A FORMAL GRANT APPLICATION IS COMPLETED IN SUPPORT OF EACH GRANT REQUEST SUBMITTED TO THE FOUNDATION OF FIRSTHEALTH, INC.. THE APPLICATION MUST BE APPROVED BY A SENIOR MEMBER OF MANAGEMENT OF FIRSTHEALTH OF THE CAROLINAS, INC.. PRIOR TO SUBMISSION. THE FOUNDATION OF FIRSTHEALTH'S GRANT REVIEW COMMITTEE REVIEWS EACH APPLICATION AND APPROVES/REJECTS EACH FOR FUNDING. IF A GRANT AWARD IS MADE, THE GRANTEE SUBMITS A REPORT TO THE GRANT REVIEW COMMITTEE DETAILING THE USE OF THE GRANT PROCEEDS AND THE BENEFITS RECOGNIZED. 0 1 0 0 0 0 0 0 0 KATHY STOCKHAM EX-OFFICIO MEMBER 0 187595 0 511 0 28296 0 12167 0 14554 0 243123 0 0 KAREN ROBEANO EX-OFFICIO MEMBER 0 228282 0 240 0 26648 0 9520 0 1638 0 266328 0 0 DANIEL BARNES DO EX-OFFICIO MEMBER (BEGAN 1/19) 0 419976 0 600 0 55834 0 10640 0 14364 0 501414 0 0 DAVID KILARSKI EX-OFFICIO MEMBER (THRU 7/31) 0 714091 0 467060 0 36162 0 73617 0 8532 0 1299462 0 0 LYNN DEJACO SR. VP, CORP. CFO 0 483664 0 0 0 74804 0 14000 0 14364 0 586832 0 0 PART I, LINE 4B THE ORGANIZATION'S CEO PARTICIPATED IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). THE AMOUNT OF DEFERRED COMPENSATION ACCRUED DURING THE FISCAL YEAR FOR THE PLAN WAS $73,617. PART II: ALL EMPLOYEES OF THE FOUNDATION OF FIRSTHEALTH, INC. ARE LEASED FROM FIRSTHEALTH OF THE CAROLINAS, INC. FIRSTHEALTH'S BOARD OF DIRECTORS DETERMINES COMPENSATION FOR THE CEO THROUGH ITS COMPENSATION COMMITTEE ("COMMITTEE"). THE COMMITTEE IS COMPOSED OF BOARD MEMBERS WHO ARE INDEPENDENT OF FIRSTHEALTH MANAGEMENT, HAVE NO PERSONAL INTEREST IN THE COMPENSATION ARRANGEMENTS, ARE NOT RELATED TO OR UNDER THE CONTROL OF ANY INDIVIDUAL WHOSE COMPENSATION ARRANGEMENT IS BEING REVIEWED, HAVE NO MATERIAL BUSINESS RELATIONSHIP WITH FIRSTHEALTH, AND ARE NOT PAID FOR THEIR SERVICES AS A BOARD MEMBER. THE COMMITTEE RETAINS AN INDEPENDENT CONSULTANT TO CONDUCT PERIODIC COMPENSATION ANALYSES TO HELP ENSURE FIRSTHEALTH'S COMPENSATION PRACTICES AND COMPENSATION LEVELS ARE REASONABLE. THIS CONSULTANT PROVIDES ONLY ADVISORY SERVICES RELATED TO COMPENSATION MATTERS TO FIRSTHEALTH. TO ATTRACT AND RETAIN THE HIGHEST CALIBER OF HEALTHCARE PROFESSIONALS NEEDED TO SUSTAIN THE QUALITY OF THE HEALTHCARE FIRSTHEALTH PROVIDES TO THE COMMUNITIES THAT IT SERVES, COMPENSATION MUST BE COMPETITIVE WITH THAT PROVIDED BY OTHER COMPETING ORGANIZATIONS IN THE AREA JOB MARKET. WHEN EXECUTIVE POSITIONS ARE FILLED, FIRSTHEALTH TYPICALLY CONDUCTS NATIONAL SEARCHES. FIRSTHEALTH BENCHMARKS AGAINST ORGANIZATIONS OF COMPARABLE SIZE AND MISSION, ACROSS THE REGION AND THE NATION. MARKET DATA IS ASSEMBLED FOR ALL ELEMENTS OF EXECUTIVE COMPENSATION (I.E. CASH COMPENSATION, BENEFITS AND PERQUISITES). COMPENSATION LEVELS REFLECT THE SCOPE OF THE CEO'S RESPONSIBILITIES, EDUCATIONAL BACKGROUND, EXPERIENCE AND INDUSTRY STANDING, AS WELL AS INDIVIDUAL AND ORGANIZATION PERFORMANCE. THE MOST RECENT REVIEW WAS PERFORMED DURING FISCAL YEAR 2018. A SIMILAR PROCESS TO THAT FOR THE CEO IS AFFECTED FOR DETERMINING THE COMPENSATION OF THE OTHER CORPORATE OFFICERS OR KEY EMPLOYEES OF FIRSTHEALTH (I.E. USE OF INDEPENDENT CONSULTANT, COMPARABLE INDUSTRY DATA, ETC.). THE COMMITTEE REVIEWS AND APPROVES THE CEO'S PERFORMANCE ASSESSMENTS AND COMPENSATION RECOMMENDATIONS FOR OTHER CORPORATE OFFICER AND KEY EMPLOYEES. ALL COMPENSATION DECISIONS ARE MADE IN A MANNER THAT IS CONSISTENT WITH FIRSTHEALTH'S BOARD-APPROVED COMPENSATION PHILOSOPHY. THE MOST RECENT YEAR REVIEW WAS PERFORMED DURING FISCAL YEAR 2018. X 2 20128 MEAN VALUE X MISCELLANEOUS 2 7115 FMV X STEINWAY PIANO 1 5642 FMV 0 1 1 PART I, LINE 32B: IN CERTAIN INSTANCES, APPLICABLE THIRD PARTIES OR RELATED ORGANIZATIONS ARE USED TO SOLICIT, PROCESS, OR SELL NON-CASH CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION OF FIRSTHEALTH, INC. ("FOUNDATION") FORM 990 WAS INITIALLY REVIEWED BY QUALIFIED MEMBERS OF THE FOUNDATION AND FIRSTHEALTH OF THE CAROLINAS, INC'S ADMINISTRATION, INCLUDING THE CORPORATE CEO AND CFO, AND COMPLIANCE DEPARTMENTS. THE ENTIRE RETURN WAS REVIEWED BY THE FOUNDATION'S BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. THE FOUNDATION'S INDEPENDENT TAX PREPARER, DIXON HUGHES GOODMAN, LLP, ALSO CONDUCTED A REVIEW OF THE RETURN DURING THEIR PREPARATION PROCESS. IN ADDITION TO THE POSTING OF THE FOUNDATION RETURN ON GUIDESTAR, A PUBLIC INSPECTION COPY OF THE FORM 990 IS MADE AVAILABLE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION STRIVES TO MAINTAIN THE HIGHEST ETHICAL STANDARDS AND HAS ADOPTED A CONFLICT OF INTEREST/DUALITY OF INTEREST POLICY THAT APPLIES TO ANY DIRECTOR, TRUSTEE, OFFICER OR MEMBER OF A BOARD COMMITTEE, OR ANY EMPLOYEE WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST OR DUALITY OF INTEREST WITH ANY ORGANIZATION SEEKING TO DO BUSINESS WITH OR IS IN AN ACTUAL OR POTENTIAL ADVERSARIAL RELATIONSHIP WITH THE FOUNDATION. ANY COVERED INDIVIDUAL WITH AN ACTUAL OR POSSIBLE CONFLICT MUST DISCLOSE THE EXISTENCE OF THE CONFLICT TO THE DIRECTORS, TRUSTEES AND MEMBERS OF BOARD COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION, ARRANGEMENT OR ISSUE. EACH TRUSTEE, OFFICER OR MEMBER OF A BOARD COMMITTEE WITH BOARD-DELEGATED POWERS COMPLETES AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT, AND ALL REPORTED CONFLICTS ARE REPORTED TO AND REVIEWED BY THE FOUNDATION AND FIRSTHEALTH OF THE CAROLINAS, INC'S BOARDS OF DIRECTORS. ALL MANAGEMENT EMPLOYEES ALSO COMPLETE ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENTS, WHICH ARE SUMMARIZED AND REVIEWED WITH SENIOR MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15 ALL EMPLOYEES OF THE FOUNDATION OF FIRSTHEALTH, INC. ARE LEASED FROM FIRSTHEALTH OF THE CAROLINAS, INC. FIRSTHEALTH'S BOARD OF DIRECTORS DETERMINES COMPENSATION FOR THE CEO THROUGH ITS COMPENSATION COMMITTEE ("COMMITTEE"). THE COMMITTEE IS COMPOSED OF BOARD MEMBERS WHO ARE INDEPENDENT OF FIRSTHEALTH MANAGEMENT, HAVE NO PERSONAL INTEREST IN THE COMPENSATION ARRANGEMENTS, ARE NOT RELATED TO OR UNDER THE CONTROL OF ANY INDIVIDUAL WHOSE COMPENSATION ARRANGEMENT IS BEING REVIEWED, HAVE NO MATERIAL BUSINESS RELATIONSHIP WITH FIRSTHEALTH, AND ARE NOT PAID FOR THEIR SERVICES AS A BOARD MEMBER. THE COMMITTEE RETAINS AN INDEPENDENT CONSULTANT TO CONDUCT PERIODIC COMPENSATION ANALYSES TO HELP ENSURE FIRSTHEALTH'S COMPENSATION PRACTICES AND COMPENSATION LEVELS ARE REASONABLE. THIS CONSULTANT PROVIDES ONLY ADVISORY SERVICES RELATED TO COMPENSATION MATTERS TO FIRSTHEALTH. TO ATTRACT AND RETAIN THE HIGHEST CALIBER OF HEALTHCARE PROFESSIONALS NEEDED TO SUSTAIN THE QUALITY OF THE HEALTHCARE FIRSTHEALTH PROVIDES TO THE COMMUNITIES THAT IT SERVES, COMPENSATION MUST BE COMPETITIVE WITH THAT PROVIDED BY OTHER COMPETING ORGANIZATIONS IN THE AREA JOB MARKET. WHEN EXECUTIVE POSITIONS ARE FILLED, FIRSTHEALTH TYPICALLY CONDUCTS NATIONAL SEARCHES. FIRSTHEALTH BENCHMARKS AGAINST ORGANIZATIONS OF COMPARABLE SIZE AND MISSION, ACROSS THE REGION AND THE NATION. MARKET DATA IS ASSEMBLED FOR ALL ELEMENTS OF EXECUTIVE COMPENSATION (I.E. CASH COMPENSATION, BENEFITS AND PERQUISITES). COMPENSATION LEVELS REFLECT THE SCOPE OF THE CEO'S RESPONSIBILITIES, EDUCATIONAL BACKGROUND, EXPERIENCE AND INDUSTRY STANDING, AS WELL AS INDIVIDUAL AND ORGANIZATION PERFORMANCE. THE MOST RECENT REVIEW WAS PERFORMED DURING FISCAL YEAR 2019. A SIMILAR PROCESS TO THAT FOR THE CEO IS AFFECTED FOR DETERMINING THE COMPENSATION OF THE OTHER CORPORATE OFFICERS OR KEY EMPLOYEES OF FIRSTHEALTH (I.E. USE OF INDEPENDENT CONSULTANT, COMPARABLE INDUSTRY DATA, ETC.). THE COMMITTEE REVIEWS AND APPROVES THE CEO'S PERFORMANCE ASSESSMENTS AND COMPENSATION RECOMMENDATIONS FOR OTHER CORPORATE OFFICER AND KEY EMPLOYEES. ALL COMPENSATION DECISIONS ARE MADE IN A MANNER THAT IS CONSISTENT WITH FIRSTHEALTH'S BOARD-APPROVED COMPENSATION PHILOSOPHY. THE MOST RECENT YEAR REVIEW WAS PERFORMED DURING FISCAL YEAR 2019. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND ON WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE CORPORATE DOCUMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. IN ADDITION, QUARTERLY AND ANNUAL FINANCIAL STATEMENTS ARE POSTED TO THE DIGITAL ASSURANCE CERTIFICATION (DAC) WEBSITE. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FIRSTHEALTH OF THE CAROLINAS INC 155 MEMORIAL DRIVE PINEHURST NC 28374 561936354 HEALTHCARE SERVICES NC 501(C)(3) LINE 3 N/A 0 FIRSTHEALTH PROFESSIONAL SERVICES INC 155 MEMORIAL DRIVE PINEHURST NC 28374 561885149 HEALTHCARE SERVICES NC N/A C 0 FIRSTCAROLINACARE INSURANCE COMPANY INC 42 MEMORIAL DRIVE PINEHURST NC 28374 331160597 INSURANCE COMPANY NC N/A C 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0