Overlook Masonic Health Center Inc

“The masonic health system of massachusetts, inc. Is the sole member of the organization and elects the board of directors. There are no classes of directors.”

“The masonic health system of massachusetts, inc. Has the power to remove directors, to fill vacancies, and to increase or decrease the size of the board.”

“The masonic health system of massachusetts, inc. Has the power to remove directors, to fill vacancies, and to increase or decrease the size of the board.”

“Management works with the organization's tax advisor (cpa firm) to prepare the financial information and compile the disclosures required of the form 990. Upon its completion, senior management provides a draft of the form 990 to the board of directors prior to its submission.”

“The organization regularly and consistenly monitors and enforces compliance with the conflict of interest policy via annual execution of the conflict of interest policy. This conflicts policy is intended to supplement, but not replace, any applicable state laws governing conflicts of interest applicable to nonprofit and charitable corporations. This conflicts policy has been adopted by the board of directors of masonic health system of massachusetts, inc. (mhs). This conflicts policy shall apply with equal force to all corporations related to, or affiliated with, mhs. On an annual basis the directors complete a conflict of interest questionnaire which is reviewed by the president's office. If a conflict arises, the individual would recuse themselves from all discussion on the matter.”

“The organization's sole member, masonic health system of massachusetts, inc. Maintains an executive committee, which among other things, reviews the compensation and terms of the agreement with its executive officer. The committee reviews the compensation of the indivdiual in relation to the salary level of other comparable positions in the market and their performance. Once reasonable compensation is determined, it is approved by the board.”

“The organization's form 990 is available to the public upon request and can be found online via the massachusetts attorney general's website.”

“The organization's financial statements conflict of interest policy, and governing documents are available upon request.”

“Adjustment to minimum pension liability 341,261. Change in beneficial interest in funds held by others 2,368,744.”

“The process has not changed from the prior year.”