Laurel Realty Inc

“Susquehanna Health System (SHS), EIN 23-2751183, may elect or”

“remove members of the governing body.”

“All the business and affairs of the Entity shall be managed and controlled”

“by the Board of Directors, subject to the oversight of the sole Member,”

“Susquehanna Health System (SHS), of the management and operation of the”

“Entity, except that the following powers are reserved exclusively”

“to the sole Member of the Entity, and no attempted exercise of any”

“such powers by anyone other than the sole Member shall be valid of”

“any force or effect whatsoever. The sole Member shall exercise”

“its powers through its Board of Directors. The sole Member shall have”

“the exclusive authority to exercise the following powers: A) to”

“appoint or elect the directors, B) to appoint and remove the President”

“following consultation with the Entity, C) to approve the nominees for”

“elected officers and to return the list of approved nominees to the”

“governing bodies for elections, D) to remove, with or without cause, any”

“director or any elected officer, E) to amend the Governing Instruments”

“and to approve all amendments to the Governing Instruments which”

“budgets, G) to establish requirements for a unified budget, H) to”

“approve the incurrence or issuance of debt proposed by Entity and”

“the encumbrance of any Entity assets to secure any such incurred debt, I) to incur”

“debt (or the cause debt to be incurred) on behalf of the Entity, J) to”

“require contributions in cash or cash equivalents to support the”

“working capital needs or capital projects of any one or more System”

“Entities, K) to require that any debt incurred on a System-wide basis”

“obligation of each System Entity, L)to direct or approve any cash”

“contributions or any other capital contributions made by one System”

“Miscellaneous 140. 140. Medical supplies 6089. 6089.”

“Entity to another System Entity, M) to allocate any financial”

“resources in such manner as SHS determines to be necessary, N) to approve”

“the sale, transfer or other disposition of Entity or Entity”

“property unless it is made in the ordinary course of business or”

“involves assets with a fair market value of less than one hundred”

“thousand dollars, O) to direct the transfer of property from the”

“Entity to one or more other System Entities, P) to approve”

“of any investment of assets by Entity not within the limits of the System's”

“approved investment policy, Q)to establish requirements for the”

“approval of the acquistion, purchase, sale, transfer, encumbrance, leasing”

“construction or demolition of land or buildings outside the ordinary”

“course of business, R) to approve any decision with respect to the addition,”

“modification or discontinuance of any patient care or diagnostic”

“program or health care service, S) to approve of any change in licensure”

“of Entity; licensure of any Facility; certification. registration”

“accreditation, permit or related approval of any activity, T)”

“to require Entity to add, modify, relocate or discontinue any patient”

“care or diagnostic program or health care services, U) to approve”

“or direct any merger, consolidation, organization, reorganization”

“joint venture, corporate division, sale, conversion, lease or”

“exchange of substantially all the assets dissolution, liquidation,”

“or any other modification of corporate structure or affiliations”

“affecting the autonomy, goverance, or operations, and the”

“dissolve or terminate the existence of Entity and to determine the”

“distribution of assets upon such termination or dissolution”

“W) to coordinate managed care plans involving Entity,including”

“decisions concerning entry into or renewal of any contract or”

“agreement relating thereto X) to develop and/or enter into key”

“strategic relationships on behalf of Entity, Y) to select any outside”

“financial auditors, general legal counsel, or investment advisors”

“to provide services on behalf of Entity.”

“A high-level overview of Forms 990 is presented to the parent Board of”

“Directors (Susquehanna Health System, EIN #23-2751183) before filing”

“and complete drafts of all returns are made available to all”

“Board members through the CEO's and CFO's office.”

“Annually on the 1st of January the Susquehanna Health System”

“CEO sends to all directors, officers, management staff”

“and contracted physicians a questionnaire to be completed”

“and returned by January 15. A report is submitted to the”

“Board of Directors to notify them of any conflicts of”

“interest disclosed.”

“On a bi-annual basis an independent compensation consulting firm”

“performs an analysis of the leadership salary structure in”

“relationship to the labor market using data from four different salary”

“surveys. Their analysis is reviewed with the Governance Committee”

“of the Board of Directors. The firm then outlines its”

“recommendations for the proposed executive salary structure”

“to the Committee for their consideration and approval.”

“Governing documents and financial statements are available”

“to the public upon request. The conflict of interest policy”

“is also available upon request.”

“Key employee Charles Santangelo and board member Steve Johnson”

“both serve on the board of a related taxable organization.”

“All 1099's were issued by Susquehanna Health System (EIN 23-2751183) for the twelve”

“months ended June 30, 2014. All expenses were then allocated back to the”

“entities.”

“The entity pays for housekeeping services provided by employees from”

“Soldiers and Sailors Memorial Hospital.”