Mary Free Bed Medical Group

“The organization's sole member is mary free bed rehabilitation hospital.”

“The organization's sole member, mary free bed rehabilitation hospital, elects the directors of the organization.”

“Decisions of the board are subject to approval by mary free bed rehabilitation hospital. In addition, approval of the mary free bed guild, the hospitals sole shareholder, shall be required for: a. To change the purpose or philosophy of the corporation; b. To amend the articles of incorporation or bylaws of the corporation; c. To dissolve or liquidate the corporation; d. To merge or consolidate with another corporation; e. To elect and remove the directors of the corporation. F. To create or acquire a new subsidiary corporation, or to sell, otherwise dispose of merge or consolidate existing subsidiaries, if any; g. To purchase, acquire, sell, exchange, give as security, mortgage, or to dispose of any real property owned or held by the corporation; or h. To guarantee the debt of others by the corporation; i. To adopt any long-range plan of the corporation; or j. In other cases as required by law.”

“The form 990 is reviewed by the chief financial officer prior to filing.”

“Conflict of interest policies are updated annually by all board members, officers and staff. Process is adminstered out of the executive administration office. Any disclosed conflicts of interest would be disclosed to the board of directors and assurances obtained that no illegal or subsidized activities are occurring. The board of directors enforces the conflict of interest policy and determines the appropriate course of action should a conflict arise. If a conflict of interest is exposed, the individual who is the subject of the conflict is excused from the meeting so the rest of the board may discuss the issue and take appropriate action.”

“Governing documents and conflict of interest policy are not available for public inspection. Financial statements are summarized in an annual report which is available to the public.”

“The organization ceased all activities during the year - see schedule n.”

“Physician purchased services: program service expenses 876,856. Management and general expenses 0. Fundraising expenses 0. Total expenses 876,856. Other purchased services: program service expenses 0. Management and general expenses 734,524. Fundraising expenses 0. Total expenses 734,524. Billing expenses: program service expenses 0. Management and general expenses 390,301. Fundraising expenses 0. Total expenses 390,301. Recruiting expense: program service expenses 0. Management and general expenses 2,364. Fundraising expenses 0. Total expenses 2,364.”

“Transfer from mary free bed rehabilitation hospital 750,000. Year end transfer of assets to mary free bed rehabilitation hospital 4,565,696.”

“The organization has a committee that assumes responsibility for oversight of the audit; this process has not changed from the prior year.”