Virtua Surgical Group Pa

“Directors Dioscoro T. Villanueva and Miguel L Deleon together own Surgical Group of South Jersey.”

“The organization has a management agreement with Surgical Group of South Jersey, P.A. to handle the daily operations of the business including staffing, scheduling, billing, and collections for Virtua Surgical Group, P.A. Miguel L. DeLeon & Dioscoro T. Villanueva are trustees of Virtua Surgical Group and are also owners of the company Surgical Group of South Jersey, P.A. The relationship is also disclosed in Schedule L, Part IV.”

“John M. Matsinger,DO is the Sole shareholder of VSG.”

“The sole shareholder elects the Board.”

“The Chairs of the various Board Committees of Virtua Surgical Group present their recommendations on significant matters to the full Virtua Surgical Group, P.A. Board of Trustees for their approval.”

“The form 990 is reviewed by in-house counsel, external tax consultants, and the Board of Trustees. A final copy of form 990 is provided to the Board prior to filling.”

“Virtua Surgical Group P.A. adopts the policies of Virtua Health, Inc. regarding monitoring and enforcing a conflict-of-interest policy. Virtua Surgical Group P.A., requires each Trustee, officer, Key Employees and member of a committee with Board-delegated powers shall annually sign a statement in which they agree to comply with the conflict-of-interest policy. The Board of Trustees is responsible for ensuring that periodic reviews of operations are conducted so that the organization operates in a manner consistent with its charitable purposes and does not engage in activities that could jeopardize its status as an organization exempt from federal income tax. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of his or her financial interest and must be given the opportunity to disclose all material facts to the Trustees and members of committees with Board-delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the Board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Trustees or committee members shall decide if a conflict of interest exists.”

“Virtua Surgical Group, P.A. does not compensate its executives; but rather, the executives receive compensation from Virtua Health, Inc. (EIN 22-3524939), a related entity. See Schedule J, Part III (reference to Schedule J, Part I, Line 3) for a description of the manner in which Virtua Health, Inc. utilizes to determine the compensation paid to the executives.”

“The organization's governing documents and conflict of interest policy were not made available to the public. Financial statements are available through the repository websites EMMA (Electronic Municipal Market Access System) and DAC (Digital Assurance Certification), or upon request.”

“All accounts payable transactions are paid by Virtua - West Jersey Health System, Inc. (21-0634532)”

“James P. Dwyer served as EVP/CMO until March 2014. Accordingly, the compensation reported on From 990, Part VII and Schedule J is for a partial year.”

“Each Officer and Key Employee is compensated by Virtua Health, Inc. (EIN 22-3524939), a related organization. Some Officers and Key Employees devote 40 hours a week to Virtua Health, Inc. The amount of time devoted to related organizations is dependent upon their involvement in those organizations. As a result, the total average hours per week for each Officer and Key Employees may vary.”

“Net Asset Transfer to Relieve Due To Affiliate 4,837,985.”