IRS FORM 990 AND ANNUAL REPORTS

Although not-for-profit entities are generally exempt from paying federal income tax, they are not free from filing requirements with the Internal Revenue Service. Not-for-profits that normally have gross annual receipts of more than $25,000 must file a Form 990 with the IRS within 5 months of the close of the fiscal year. Form 990 contains information relative to revenue, expenses, assets, liabilities and fund balance. It includes statement of mission, description of significant activities and program services, disclosure of compensation, relationships and transactions of board members and key employees, and information on governance practices. The IRS requires the Form 990 be made available to the public.

FORM 990

2008 ANNUAL REPORT (PRESENTED TO THE BOARD OF TRUSTEES ON OCTOBER 20, 2008)

GOAL 1: FUNDING

Develop capacity to raise funds

• Initiated Community Hospital Independent Endowment Fund (CHIEF)/Community Hospital Health Services Foundation (CHF) merger process

• Submitted grant proposals to four funders as first step to establish Women’s Health/Health Education Fund

Improve return on investments

• Researched investment consultant/ manager alternatives while protecting CHF capital

Address stability of medical service investments

• Restructured Clark County Dialysis Facility (CCDF) and Midwest Dialysis Centers of Springfield, Fairborn and Urbana

• Maintained flexible approach to preserve Springfield Surgery Center partnership

Develop MOB as an investment opportunity

• Played a lead role in the developer selection process and identified semi-finalist firms

• Determined that CHF would not be located in the Medical Office Building (MOB), but may invest in the building

CHF Balance Sheet at June 30, 2008

Net Assets $8,336,516

Net Income 499,191

Total Capital $8,835,707

CH Venture Company Balance Sheet at June 30, 2008

Retained Earnings ($26,272)

Paid-in Capital 582,155

Distributions (501,500)

Net Income 329,183

Total Capital $383,560

GOAL II: REPRODUCTIVE HEALTH SERVICES

Reproductive Services Pavilion

• Secured appropriate adjacencies to the hospital for CHF services on the new campus in lieu of location in MOB

• Represented CHF’s interests with regard to platting, site plans, program and schematic design

Reproductive Health Education

• Hired/trained program coordinator and health educator and conducted youth and parent programs throughout the community

• Held community forum on comprehensive sexuality education

• Held bi-monthly meetings of Advisory Council and adopted mission, guiding principles, strategic goals

• Developed strategies to address opposition to comprehensive sexuality education

• Published and distributed 10,000 copies of the 2008 Women’s Health Resource Guide

• Collaborated with United Way to expand 211 to include women’s health information

• Posted searchable version of guide on our website to allow instant updates