Cahrmc LLC

“Cahrmc has a management contract with critical access healthcare, llc (cah) to provide executive level management talent. Presently cah provides ceo and cfo staffing to hospital under the management contract. There are no business or family relationships between the manager (cah) or the cahrmc's officers and directors.”

“Eagle lake community hospital (a texas non-profit corporation and an irc 501 (c)(3) tax exempt organization) is the sole corporate member of cahrmc.”

“Form 990 is prepared by an independent, third-party cpa firm. The organization's management reviews the return for accuracy and completeness and authorizes its filing. A copy of form 990 is made available to the board of directors prior to or at the earliest board meeting following the completion of the return.”

“As provided within cahrmc's conflict of interest policy, each director and officer shall annually sign a statement which affirms that such person: a.) has received a copy of the policy, b.) has read and understands the policy, and c.) has agreed to comply with the policy.”

“The board of directors is responsible for the appointment of cahrmc's chief executive officer (ceo)/administrator. The board of directors shall select and appoint a competent administrator having appropriate education and experience in management or in having a supervisory capacity, who shall be its chief executive officer in the management of the hospital operations. This administrative officer shall be given the necessary authority and responsibility to operate the hospital in all its activities and departments, subject to such policies as may be adopted and such orders as may be issued by the board of directors or by any of its committees to which it has delegated power for such action. The ceo / administrator shall be employed under contract or verbal agreement satisfactory to the board of directors and the ceo/ administrator. If appointed under contract, the contract shall state the term of the appointment, salary, future benefits, expense allowance, duties, responsibilities, and authorities and procedure for termination.”

“Copies of form 1023, 990, and 990-t are available to the public upon request. Additionally, form 990 and 990-t are publically available online through the irs website's tax exempt organization serarch (web-link: https://www.irs.gov/charities-non-profits/search-for-tax-exempt-organization s).”

“Copies of governing documents, conflict of interst policy and financial statements are available to the public upon request.”

“Purchased & prof. Svcs: program service expenses 2,665,912. Management and general expenses 162,231. Fundraising expenses 0. Total expenses 2,828,143.”

“Net assets transferred from predecessor 4,936,769.”

“Cahrmc originally filed the 2023 form 990 based upon information which was submitted with form 1023, application for recognition of exemption under section 501(c)(3) of the internal revenue code. Form 1023 was filed with an intended effective date for income tax exemption of january 1, 2023. The irs erroneously processed form 1023 and issued its determination letter with an effective date for income tax exemption of may 5, 2023. Multiple exchanges, via telephone and in writing, were made with irs personnel to correct the effective date error. Irs personnel responded with instructions and information requests necessary to correct the error. Cahrmc, through its representatives, followed the instructions and provided all requested information. However, it appears the the request for correction of the effective date error has not been processed or approved. Cahrmc has resolved to proceed forward and accept the income tax exemption effective date of may 5, 2023, as provided with irs original determination letter. Therefore, the 2023 form 990 is being amended to reflect and report all items with the initial, short tax year 2023 (specifically for form 990 purposes) of may 5, 2023 through december 31, 2023.”