Center for Healthcare Education and Simulation Inc.

“The cne has a management services agreement where edgewood college (one of the members) provides certain management services including human resources, corporate matters, treasury and accounts payable functions, financial reporting and budget preparation for a fee of $12,000 per year.”

“There are 3 members - edgewood college, inc., meriter hospital, inc. And ssm healthcare of wisconsin inc.”

“There is one class of members that have identical rights and obligations. There are three members, edgewood college, inc., meriter hospital, inc. And ssm healthcare of wisconsin, inc. Each member appoints two directors to the board of directors.”

“The following require the unanimous approval of the members: merger, consolidation or dissolution; amendment, restatement, alteration or repeal of the articles of incorporation or bylaws; sale or other disposition of substantially all of the assets, the call for additional contributions or assessments from the members; distribution of assets to one or more members; execution, amendment or termination of any agreement with a member; change in mission and purpose, and admission of a new member.”

“The board does not have any committees that have authority to act on behalf of the board.”

“The return will be reviewed by the executive director, board president and treasurer. A copy of the return was provided to the board members prior to filing.”

“The bylaws of the cne include a conflict of interest policy. Annually directors sign a statement regarding compliance with the policy.”

“The cne will make its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Nursing lab services ($206,098) & management services ($12,000)”

“To provide advanced educational experiences to healthcare professionals by replicating "real-life" scenarios that require the application of knowledge and the use of judgment through the use of our state of the art simulation environment and assist with community education in basic cpr/bls and other healthcare emergency response courses.”

“Other fees: program service expenses 163,389. Management and general expenses 0. Fundraising expenses 0. Total expenses 163,389.”