Mercy Ministries of Laredo

“Classes of members or stockholders the filing organization has a sole corporate member, mercy health. The following corporate powers and responsibilities shall be reserved unto the corporate member: -approval of the adoption of and any revisions to the mission, vision and operating values pursuant to which the corporation will operate; -approval of any amendments to the articles of incorporation and these bylaws and any amendments to the articles of incorporation of the corporation and bylaws of any affiliate of the corporation; -appointment and removal of members of the board; appointment and removal of the chief executive officer of the corporation; adoption of budgets for the corporation; -to lease or sell any of the assets of the corporation, or any affiliate of the corporation, in excess of one million dollars ($1,000,000); -authorization and approval of any incurrence of debt by the corporation (other than debt incurred for the acquisition of goods or services acquired in the ordinary course of business) or the grant of security interests, placement of encumbrances, entering into covenants, execution of any documents and taking of any actions necessary or appropriate in connection with the incurrence of such debt; -to merge, dissolve, or abandon the corporation or any corporation controlled by the corporation.”

“Dscr the process used by management &/or governing body to review 990 the form 990 is prepared by an independent accounting firm, using information provided by the filing organization. A draft form 990 is reviewed by the filing organization's finance team. The draft form 990 is also reviewed by mercy health's tax department, to ensure accuracy and consistency with other related organizations' forms 990. After questions arising from the various reviews are addressed and incorporated into the form 990, a revised draft is provided to the filing organization's leadership team, including the cfo and ceo, for review. Once reviewed and approved by the filing organization's leadership team, the form 990 is provided to the board of directors for review; it is then signed and filed with the irs.”

“Description of process to monitor transactions for conflicts of interest officers, directors, key employees and other disqualified persons are required to complete a conflict of interest questionnaire annually and did so in the normal course for the year ended june 30, 2014. This process is administered at the mercy health level by mercy's business risk (internal audit) department. The questionnaires are reviewed with leadership at the local level and potential conflicts discussed and resolved. The conflicts and their respective resolutions are shared at the mercy level with a team including mercy's chief financial officer, chief compliance officer and other members of finance, legal and hr. Summary results are reviewed with mercy's stewardship committee (formerly finance, audit and compliance committee) of the board of directors.”

“Officers & positions for which process was used, & year process was begun for those classified as officers (and thus disqualified persons), the organization relies upon mercy health, which uses the following to establish the compensation: external market salary surveys, external market salary studies, engagement of an independent compensation consultant, and review/approval of compensation by the compensation committee of the board of mercy health.”

“Avail of gov docs, conflict of interest policy, & fin stmt to gen public governing documents, conflict of interest policy, and financial statements are made available upon request but are not published publicly.”

“Average hours per week the hours per week disclosed in part vii is the average hours the listed person worked or devoted per week while employed or associated with the filing organization and related organizations (if applicable).”

“Other program service mercy ministries of laredo's other programs include medication assistance, dental and nutrition. The medication assistance program guides patients through the process of securing free or low-cost medication through pharmaceutical companies. The program provided $1,589,469 of medication for patients. The dental program provides services to adult patients who are compliant with their medical regiment and screenings. Regular services include cleanings, fillings and extractions. Other services include root canals, dentures and crowns. The clinic is staffed one day per week by local volunteer dentists. During fiscal year 2014 dentists performed 1,024 procedures valued at $100,608. Over 296 patients were provided services accounting for 407 dental visits. The nutrition program addresses the general wellness of patients by teaching the importance of healthy eating. The program teaches participants to read labels, shop wisely, portion control, and provides recipes. 153 patients participated in the nutrition program.”

“W3-filing employees are paid by a related organization under a common paymaster arrangement. As such, all required payroll filing (including w-2, w-3's) was reported under the related organization's ein.”

“Other fees for services lab and diagnostic charges $380,973 physician fees $98,203 grant consultant $15,000 grant evaluator $18,055 exercise instructor $1,000 total $513,231”

“Audit of financial statements in addition to being included in the consolidated mercy ministries of laredo annual financial statement audit, the filing organization's financial statements were included in mercy health and subsidiaries annual financial statement audit. Mercy health and subsidiaries received an unqualified opinion from the external auditors for fiscal 2014 (the tax year currently being reported). The ultimate responsibility for oversight of the financial statement audit and selection of the external auditor lies with the stewardship committee (formerly finance, audit, and compliance committee) of mercy health board of directors. Audit results are communicated to this committee.”