Virtua Medical Group Pa

“All accounts payable transactions are paid by virtua - west jersey health systems, inc. (21-0634532)”

“John m. Matsinger, d.o. Is the sole shareholder.”

“The sole shareholder elects the board.”

“The chairs of the various committees of virtua medical group, pa present their recommendations on significant matters to the full virtua medical group, p.a. Board of trustees for their approval.”

“The form 990 is reviewed by in-house counsel, external tax consultants, and the board of trustees. A final copy of form 990 is provided to the board prior to filing.”

“Virtua medical group, p.a. Adopts the policies of virtua health, inc. Regarding monitoring and enforcing a conflict-of-interest policy. Virtua medical group, p.a. Requires each trustee, officer, key employee, and member of a committee with board-delegated powers to annually sign a statement in which they agree to comply with the conflict-of-interest policy. The board of trustees is responsible for ensuring that periodic reviews of operations are conducted so that the organization operates in a manner consistent with its charitable purposes and does not engage in activities that could jeopardize its status as an organization exempt from federal income tax. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of his or her financial interest and must be given the opportunity to disclose all material facts to the trustees and members of committees with board-delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining trustees or committee members shall decide if a conflict of interest exists.”

“Virtua medical group, p.a. Executives are compensated by virtua medical group, p.a., however not exclusively; in some cases executives also receive compensation from virtua health, inc. (ein 22-3524939), a related entity. See shedule j, part iii (reference to schedule j, part i, line 3) for a description of the manner in which virtua health, inc. Utilizes to determine the compensation paid to the executives.”

“The organization's governing documents and conflict of interest policy were not made available to the public. Financial statements are available through the repository websites emma (electronic municipal market access system) and dac (digital assurance certification), or upon request.”

“Virtua medical group, p.a. Executives are compensated by virtua medical group, p.a., however not exclusively; in some cases executives also receive compensation from virtua health, inc. (ein 22-3524939), a related entity. Some officers and key emploiyees devote 40 hours a week to virtua health, inc. The amount of time devoted to related organizations is dependent upon their involvement in those organizations. As a result, the total average hours per week for each officer and key employees may vary.”

“OTHER PROGRAM SERVICES”

“The organization maintains a written document retention policy.”

“Vpa fees: program service expenses -117,617. Management and general expenses 0. Fundraising expenses 0. Total expenses -117,617. Outside services: program service expenses 100,281. Management and general expenses 258,491. Fundraising expenses 0. Total expenses 358,772. Outside services contracted: program service expenses 12,706,127. Management and general expenses 3,690,000. Fundraising expenses 0. Total expenses 16,396,127. Other interco srvcs: program service expenses 363. Management and general expenses 750. Fundraising expenses 0. Total expenses 1,113. Consulting: program service expenses 462,390. Management and general expenses 72,568. Fundraising expenses 0. Total expenses 534,958. Collection expense: program service expenses 4,614,740. Management and general expenses 135,949. Fundraising expenses 0. Total expenses 4,750,689.”

“Transfer from affiliate - virtua 24,593,451. Transfer from affiliate - wjhs 45,915,100. Transfer to affiliate - mhbc -9,894,579. Transfer to affiliate - vsg -23,950. Transfer to affiliate - vhrcmh -1,610. Transfer from affiliate - vri- fitness -937. Transfer from affiliate - vri - lifewell 69,428. Transfer from affiliate - cns 24,150. Transfer from affiliate - rohrer 174,948. Transfer to affiliate - vhrccb -1,264.”