Medica Holding Company

“Medica holding company has entered into an administrative service agreement with medica services company (msc), a related taxable organization. Through this agreement, msc leases its employees and provides various management/administrative services to medica holding company and medica holding company pays for such services throughout the year.”

“Medica's tax advisors complete the return, finance staff reviews the return before it is signed by the cfo. A copy will be provided to the board of directors prior to filing with the irs.”

“Annually all employees of medica health and directors of all medica entities complete a conflict of interest disclosure and are required to review the current policy. All potential conflicts are reviewed by legal/compliance.”

“Medica holding company does not have any employees. All compensation is paid by a related organization which uses the following process to determine compensation: a compensation committee reviews and obtains the board's approval for total compensation for the president/ceo. The committee also reviews and approves total compensation recommendations made by the ceo for the executive and senior vice presidents, and reviews all officer compensation and annual performance goals approved by the ceo. The committee review and makes recommendations to the board regarding officer and non-officer compensation guidelines for medica and its subsidiaries, periodically reviewing market data to assess medica's competitive position.”

“Medica does not consider its conflict-of-interest policy to be a confidential or proprietary document. Therefore, medica would make this policy available to anyone who requests it. Certain medica entities are required to file annual financial statements with the regulators. Medica considers financial statements that are filed with the regulators to be public documents. Financial statements, governing documents, conflict of interest policy, and form 990s are available upon request.”

“Certain individuals reported on form 990, part vii split their time between all entities under medica holding company. The average hours per week reported in part vii are the total hours per week for all medica organizations. The following changes to the officers of medica holding company occurred during the taxable period: in 2024 krista dusil was appointed as chief financial officer of the organization. Form 990, part vii john stanoch's board stipend was paid to jnn ventures inc.”

“Investment in subsidiary 2,700,658. Capital contributions to msc -40,000,000.”