Saint Francis Hospital Preschool Program

“St. Francis hospital preschool has a single member, hastings health systems, inc. . The organization declared bankrupcy on january 31, 2014 and is in the process of liqudating.”

“Hastings health system, inc. As the sole member of the corporation, shall elect qualified persons to the board of trustees at its annual meeting in accordance with the provisions of the organization's by-laws. The organization declared bankrupcy on january 31, 2014 and is in the process of liqudating.”

“Hastings health system, inc. As the sole member of the corporation, shall consider the annual report of the corporation at its annual meeting, to be submitted and verified by the president and the treasurer or a majority of the trustees. The following powers are reserved exclusively to the member, and no attempted exercise of any such powers by anyone other than the member shall be valid or of any force or effect whatsoever: 1. To change the philosophy, mission, and purpose of the corporation; 2. To adopt and/or amend the certificate of incorporation; 3. To adopt and/or amend bylaws, 4. To elect the board of trustees and to remove board members with or without cause; 5. To appoint the president and chief executive officer of the organization; 6. To approve the purchase, sale, lease, mortgage or real property; to approve the purchase, sale, or gift of capital assets; 7. To approve the merger, consolidation, or affiliation of the corporation with another corporation, organization, or program; 8. To approve the dissolution of the corporation and disposition of assets. The organization declared bankrupcy on january 31, 2014 and is in the process of liqudating.”

“The return is prepared by the accounting firm and reviewed by the plan administrator. Due to time constraints the return will not be provided to the board.”

“The compliance officer of the organization consistently monitors the annual conflict of interest statements and reports finding to the audit & compliance committee during the quarterly meetings annually or as deemed necessary. Compliance with the policy is mandatory for all employees, officers, directors, trustees and key employees. The audit and compliance committee receives, reviews and recommends action, if necessary, on all complaints that may be filed by anyone (patient, employee, community, etc.) concerning any charge of "duality of interest" of any such trustee, officer, employee, committee member, or department director of the medical staff.”

“The documents are available by request.”

“The organization declared bankrupcy on january 31, 2014 and is in the process of liqudating.”

“St. Francis pre-school does not have any employees and does not issue any forms w-2. All compensation-related expenses reported on part ix of the form 990 represent a direct allocation of these expenses from preschool's parent organization, st. Francis hospital.”

“This return has been prepared based on all available information at the time of filing. On january 31, 2014, the organization declared bankruptcy. At the time of filing this tax return the information required to complete certain schedules was not available as the company was in the process of liquidating. If the information does become available the organization will amend form 990 to include the st. Francis hospital - poughkeepsie 14-1338503 appropriate schedules.”