Mercy Center Nursing Unit Inc

“Mercy center nursing unit, inc. ("mcnu") is sponsored by and follows the philosophy of the sisters of mercy of the americas mid-atlantic community. Members of mcnu shall be the president and the leadership team of the sisters of mercy of the americas mid-atlantic community, inc.”

“The members of mcnu may initiate and implement any proposal with respect to any of the following, and, if any proposal with respect to any of the following is otherwise initiated, it shall not become effective unless approved by the members: 1. Adopt or approve a change in the mission, purpose, philosophy of mcnu or a change to the general structure of mcnu as a voluntary nonprofit corporation for the care of the sick and the elderly; 2. Amend the bylaws of mcnu; 3. Amend the articles of incorporation of mcnu; 4. Appoint and/or remove with or without cause the administrator of mcnu; 5. Approve the election and/or remove with or without cause the trustees of mcnu; 6. Approve the election and/or remove with or without cause the officers of mcnu; 7. Enter into any sale, lease, mortgage, encumbrance or subordination of interest in the assets of mcnu; 8. Merge, consolidate, dissolve or otherwise change the corporate structure of mcnu; 9. Approve any deficit budget; 10. Dispose of all or substantially all of the assets of mcnu; 11. Effect any transfer or encumbrance of property which requires approval pursuant to canon law; 12. Approve the acceptance of major gifts in excess of $500,000 and of buildings and/or land to mcnu; 13. Approve, amend, alter or replace pension plans, documents, and/or such other plans or documents which in any way bind mcnu; 14. Approve all capital or major fund raising campaigns; 15. Distribute the assets of mcnu upon the dissolution of same to the sisters of mercy of the americas mid-atlantic community, inc., a 501(c)(3) corporation as defined in the internal revenue code of 1986 as amended as well as being a not-for-profit religious charitable corporation of the state of missouri, its successors and/or assigns; 16. Establish an annual limit on the amount of debt to be incurred by mcnu approved by the members.”

“See line 7a explanation above.”

“The facility's administrator reviewed the form 990 prepared by an independent accounting firm in detail before filing of the form 990 with the irs.”

“All board members and officers of the organization are required to annually disclose any conflicts of interest via completion of a conflicts form. Those individuals are also required to disclose any and all ongoing issues that arise during the course of the year. Signed conflict of interest statements are given to the board and reviewed and maintained by the board chairman. Any individual with a conflict of interest must abstain from voting on the matter.”

“The organization's governing documents, conflict of interest policy, and financial statements will be made available to the public upon request.”