2026-05-06T16:50:07-05:00 2025-06-30 135565207 KPMG LLP 1300 SW 5TH AVENUE SUITE 3800 PORTLAND OR 97201 990 2024-07-01 930823471 SALEM HEALTH HOSPITALS & CLINICS SALE 5038141938 890 OAK STREET SALEM OR 97301 JAMES PARR EVP OF OPERATIONS & CFO 5038141938 2026-04-30 1 1 ZELJKO POPOVIC P01795951 5032216500 2026-04-28 2024 2025-03-06 01:10:19Z JAMES PARR 890 OAK STREET SALEM OR 97301 111171690 0 X WWW.SALEMHEALTH.ORG X 1982 OR TO SUPPORT SALEM HEALTH, SALEM HEALTH WEST VALLEY AND RELATED ORGANIZATIONS. 13 13 0 14 0 0 0 0 48361722 50288935 54294469 59788892 16994051 0 119650242 110077827 0 0 0 0 0 0 0 0 0 30519524 30661017 30519524 30661017 89130718 79416810 1551418986 1708877737 1170730903 1210761710 380688083 498116027 TO SUPPORT SALEM HEALTH, SALEM HEALTH WEST VALLEY AND RELATED ORGANIZATIONS. 0 0 30661017 50228935 LEASES LAND AND BUILDINGS TO RELATED FACILITIES 30661017 1 0 0 0 0 0 0 0 0 0 1 1 0 1 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 1 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 1 1 OR X SALEM HEALTH 5038141938 890 OAK STREET SE SALEM OR 97301 ALAN WYNN SECRETARY/TREASURER 0.20 2.90 X X 0 0 0 ANGELICA VEGA TRUSTEE 0.30 4.70 X 0 0 0 CAMILLE MERCIER TRUSTEE (START 02/25) 0.20 3.30 X 0 0 0 DAVID HARRISON MD TRUSTEE (THRU 04/25) 0.20 2.80 X 0 0 0 JENN COLUMBUS TRUSTEE 0.20 2.80 X 0 0 0 JOHN COMBES MD CHAIR 0.20 3.80 X X 0 0 0 KATHERINE L KEENE CHAIR-ELECT 0.30 4.70 X 0 0 0 LANE SHETTERLY PAST-CHAIR 0.30 5.70 X 0 0 0 LEE SACKS TRUSTEE (START 10/24) 0.20 3.30 X 0 0 0 MARK ZOOK TRUSTEE 0.30 4.70 X 0 0 0 PHIL JACKSON TRUSTEE 0.20 2.80 X 0 0 0 RICARDO LINARES TRUSTEE 0.20 2.80 X 0 0 0 ROBERT KELLY MD TRUSTEE 0.20 4.30 X 0 0 0 THERESA HASKINS TRUSTEE 0.20 3.30 X 0 0 0 CHERYL NESTER WOLFE PRESIDENT & CEO 2.00 38.00 X 0 1680819 49501 JAMES PARR EVP OF OPERATIONS & CFO 1.00 39.00 X 0 1158173 118338 0 2838992 167839 0 0 1 0 0 MISC. RENTAL PROPERTY 532000 50187392 50187392 SALEM HEALTH LAND LEAS 532000 101543 101543 50288935 59835953 59835953 1046802 1093863 -47061 -47061 -47061 110077827 50288935 0 59788892 29840560 29840560 FEMA REIMBURSEMENT 820057 820057 STATE TAXES 400 400 30661017 30661017 0 0 244796 247863 17518899 3542667 1063110107 468409750 561391058 594700357 933498238 994221148 38765995 116165702 1551418986 1708877737 262690 49670 1170468213 1210712040 1170730903 1210761710 X 380688083 498116027 380688083 498116027 1551418986 1708877737 79416810 38011134 0 X 0 1 X 1 0 X X 3 SALEM HEALTH 930547922 3 1 0 0 SALEM HEALTH WEST VALLEY 431960221 3 0 0 0 SALEM HEALTH FOUNDATION 237002687 7 1 0 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 1: SALEM HEALTH HOSPITALS AND CLINICS IS ORGANIZED AND OPERATED TO CARRY OUT THE PURPOSES OF, AND PERFORM FUNCTIONS FOR SALEM HEALTH AND OTHER RELATED ENTITIES FURTHERING THE MISSION OF IMPROVING THE HEALTH AND WELL-BEING OF THE PEOPLE AND COMMUNITIES SERVED. THESE ENTITIES INCLUDE SALEM HEALTH, SALEM HEALTH WEST VALLEY, SALEM HEALTH PROFESSIONAL SERVICES, SALEM HEALTH FOUNDATION, AND WEST VALLEY HOSPITAL FOUNDATION WHICH ARE ALL 501(C)(3) ENTITIES WHOSE SOLE CORPORATE MEMBER IS SALEM HEALTH HOSPITALS AND CLINICS. SALEM HEALTH HOSPITALS AND CLINICS HAS A HISTORIC AND CONTINUOUS RELATIONSHIP WITH ITS SUPPORTED ORGANIZATIONS WHICH HAS CREATED A SUBSTANTIAL IDENTITY OF INTERESTS BETWEEN THEM. 917063 917063 976417154 451655779 524761375 85775890 16753971 69021919 594700357 OTHER INVESTMENTS 994221148 C 994221148 DUE FROM SALEM HOSPITAL 116165702 116165702 DUE TO SALEM HEALTH 1173665828 DUE TO WEST VALLEY HOSPITAL 37046212 1210712040 X PART X, LINE 2: THE CORPORATION (SALEM HEALTH HOSPITALS & CLINICS), SALEM HEALTH, SALEM HEALTH WEST VALLEY, SALEM HEALTH FOUNDATION, WEST VALLEY HOSPITAL FOUNDATION, SALEM HEALTH PROFESSIONAL SERVICES, AND WILLAMETTE VALLEY INSURANCE COMPANY ARE TAX-EXEMPT ORGANIZATIONS PURSUANT TO INTERNAL REVENUE CODE SECTION 501(C)(3). AS SUCH, ONLY UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL OR STATE INCOME TAXES. THE PROVISION FOR UNRELATED BUSINESS INCOME TAXES IS IMMATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE CORPORATION TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION AND RECOGNIZE A TAX LIABILITY (OR AN ASSET) IF THE CORPORATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2025 THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE CORPORATION'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO FISCAL YEAR 2022. 0 1 0 0 0 0 0 0 0 CHERYL NESTER WOLFE PRESIDENT & CEO 0 1004098 0 286407 0 390314 0 29325 0 20176 0 1730320 0 366212 JAMES PARR EVP OF OPERATIONS & CFO 0 834542 0 259029 0 64602 0 88265 0 30073 0 1276511 0 60516 PART I, LINE 4B SOME OF THE ORGANIZATION'S EMPLOYEES RECEIVED DEFERRED COMPENSATION UNDER A 457(F) NONQUALIFIED PLAN. THIS COMPENSATION IS REPORTED ON SCHEDULE J, PART II. THE TOTAL NONQUALIFIED PORTION INCLUDED IN DEFERRED COMPENSATION RELATED TO ONE INDIVIDUAL IS: JAMES PARR $58,940 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S ACCOUNTING & FINANCE TEAM WORKS CLOSELY WITH THE OUTSIDE ACCOUNTING FIRM IT ENGAGES TO PREPARE AND REVIEW THE RETURN. THE CONTROLLER AND CFO REVIEW A DRAFT OF THE FORM 990 BEFORE IT IS PRESENTED TO THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES. FINANCE ADMINISTRATION ADDRESSES AND RESPONDS TO QUESTIONS RAISED BY MEMBERS OF THE GOVERNANCE COMMITTEE. AFTER IT IS REVIEWED BY THE GOVERNANCE COMMITTEE, THE FINAL FORM 990 IS FORWARDED TO THE ENTIRE BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C SALEM HEALTH HOSPITALS AND CLINICS CONFLICT OF INTEREST POLICY APPLY TO ALL EMPLOYEES OF SALEM HEALTH HOSPITALS AND CLINICS, INCLUDING TRUSTEES, OFFICERS, COMMITTEE MEMBERS. ON AN ANNUAL BASIS, THE CHIEF CORPORATE INTEGRITY OFFICER SHALL PROVIDE EACH DESIGNATED EMPLOYEES, DEFINED FOR PURPOSES OF THIS POLICY AS THE PRESIDENT/CHIEF EXECUTIVE OFFICER, VICE PRESIDENTS, AND DEPARTMENT DIRECTORS, AS WELL AS ANY ADDITIONAL EMPLOYEES DESIGNATED BY THE BOARD WITH A COPY OF THE CONFLICT OF INTEREST POLICY, ALONG WITH A DISCLOSURE QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRE MUST BE RETURNED TO THE CHIEF CORPORATE INTEGRITY OFFICER PRIOR TO THE BEGINNING OF EACH CALENDAR YEAR. WHERE APPROPRIATE, CORPORATE INTEGRITY SHALL PREPARE AND SUBMIT TO THE CEO A CONFIDENTIAL REPORT CONCERNING ANY INTEREST DISCLOSED BY SUCH QUESTIONNAIRE. IF, AT ANY TIME, AN EMPLOYEE COVERED BY THIS POLICY BECOMES INVOLVED IN, OR BECOMES AWARE OF, ANY TRANSACTION, ARRANGEMENT, RELATIONSHIP, OR SITUATION THAT RESULTS IN AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, OR THE APPEARANCE OF A CONFLICT OF INTEREST, BETWEEN THE INTERESTS OF SALEM HEALTH AND THE INTERESTS OF THAT INDIVIDUAL, OR ANY ENTITY WITH WHICH THE INDIVIDUAL IS CONNECTED OR RELATED, THE INDIVIDUAL SHALL PROMPTLY NOTIFY THE SALEM HEALTH CORPORATE INTEGRITY OFFICE. CORPORATE INTEGRITY, IN COLLABORATION WITH HUMAN RESOURCES WHEN APPROPRIATE, MAY ELECT TO INTERVIEW ANY INDIVIDUAL WHO HAS DISCLOSED, OR IS BELIEVED TO HAVE, A POTENTIAL CONFLICT OF INTEREST. FOLLOWING FULL DISCLOSURE OF THE INTEREST AND ALL MATERIAL FACTS, AND AFTER DISCUSSION WITH THE INTERESTED INDIVIDUAL, CORPORATE INTEGRITY SHALL DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST EXISTS. TO ASSIST IN MAKING THIS DETERMINATION, CORPORATE INTEGRITY MAY, AT THE DIRECTION OF THE EXECUTIVE LEADERSHIP COUNCIL (ELC), CONSULT OR RETAIN A DISINTERESTED INDIVIDUAL OR COMMITTEE TO INVESTIGATE THE MATTER AND EVALUATE REASONABLE ALTERNATIVES, AS APPROPRIATE. UNTIL CORPORATE INTEGRITY HAS COMPLETED ITS REVIEW AND DETERMINED THAT NO ACTUAL OR APPARENT CONFLICT OF INTEREST EXISTS, THE INDIVIDUAL SHALL REFRAIN FROM ACTING ON BEHALF OF SALEM HEALTH WITH RESPECT TO THE TRANSACTION OR SITUATION UNDER REVIEW. ADDITIONALLY, THE INDIVIDUAL SHALL RECUSE HIM OR HERSELF FROM ANY DISCUSSIONS, DECISION MAKING PROCESSES, OR DELIBERATIONS RELATED TO THE MATTER, UNLESS SPECIFICALLY INVITED BY CORPORATE INTEGRITY TO PROVIDE FACTUAL INFORMATION. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION AT SALEM HEALTH (SH) IS DESIGNED TO ALLOW THE ORGANIZATION TO RECRUIT AND RETAIN QUALIFIED SENIOR LEADERS. THE GOVERNANCE COMMITTEE OF THE SH BOARD OF TRUSTEES, NONE OF WHOM IS A SH EMPLOYEE, ENGAGES ONE OR MORE INDEPENDENT CONSULTANTS TO PROVIDE MARKET DATA ON CEO COMPENSATION, INCLUDING BENEFITS, FOR THE CEOS AT COMPARABLE ORGANIZATIONS. THIS INFORMATION IS USED BY THE GOVERNANCE COMMITTEE AND BOARD OF TRUSTEES IN ITS DISCUSSIONS AND DECISIONS ON CEO COMPENSATION. COMPENSATION FOR THE CEO IS REVIEWED ON AN ANNUAL BASIS. THE MOST RECENT REVIEW TOOK PLACE IN SEPTEMBER 2024. THE COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE GOVERNANCE COMMITTEE AND BOARD MINUTES FOR THIS MEETING. ONE OR MORE INDEPENDENT CONSULTANTS ARE ALSO RETAINED TO REVIEW EXECUTIVE COMPENSATION SEPARATE FROM THE CEO. THE CEO, IN CONJUNCTION WITH THE INDEPENDENT CONSULTANTS, ENSURES THAT EACH EXECUTIVE'S COMPENSATION IS COMPETITIVE IN THE MARKET FOR SIMILAR POSITIONS AT COMPARABLE ORGANIZATIONS. THE CEO ALSO PROVIDES INFORMATION TO THE BOARD GOVERNANCE COMMITTEE ON THE LEVELS OF EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION B, LINES 15A AND 15B: ALL COMPENSATION IS PAID BY A RELATED ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE ON THE HOSPITAL WEBSITE. THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. MWVP INC 570 LIBERTY LANDS ST SE STE 200 SALEM OR 97301 HOLDS LAND OR 0 0 SHHC SALEM AMBULATORY SURGERY CENTER 570 LIBERTY LANDS ST SE STE 200 SALEM OR 97301 824752936 SURGERY CENTER OR 0 0 SHHC WILLAMETTE SURGERY CENTER LLC 890 OAK STREET SALEM OR 97301 260018738 SURGERY CENTER OR 0 0 SHHC WSC BUILDING GROUP LLC 1445 STATE STREET SALEM OR 97301 871401703 SURGERY CENTER REAL ESTATE OR 0 0 SHHC SALEM HEALTH FOUNDATION 890 OAK STREET SALEM OR 97301 237002687 SUPPORT SH OR 501(C)(3) LINE 7 SHHC 1 SALEM HEALTH 890 OAK STREET SALEM OR 97301 930579722 HOSPITAL OR 501(C)(3) LINE 3 SHHC 1 SALEM HEALTH WEST VALLEY 525 SE WASHINGTON ST DALLAS OR 97338 431960221 HOSPITAL OR 501(C)(3) LINE 3 SHHC 1 WEST VALLEY HOSPITAL FOUNDATION 525 SE WASHINGTON ST DALLAS OR 97338 931298564 SUPPORT SHWV OR 501(C)(3) LINE 12A, 1 SHHC 1 WILLAMETTE VALLEY INSURANCE COMPANY 745 FORT STREET HONOLULU HI 96813 201836190 INSURANCE HI 501(C)(3) LINE 12A, 1 SHHC 1 SALEM VALLEY PROFESSIONAL SERVICES 890 OAK STREET SALEM OR 97301 753175249 BILLING OR 501(C)(3) LINE 12A, 1 SHHC 1 OREGON COMMUNITY IMAGING LLC 2925 RYAN DRE SE SALEM OR 97301 262683062 MEDICAL IMAGING OR SHHC RELATED 12184 3001 0 1 0.33330 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 1 SALEM HEALTH A 101543 CASH SALEM HEALTH A 48082565 CASH SALEM HEALTH WEST VALLEY A 2104827 CASH