Jacksonville Crna'S Inc

“The sole member of the corporation is passavant memorial area hospital association.”

“The directors of jacksonville crna's, inc. Shall be members of the board of directors of the corporate member and shall be elected annually by the members.”

“Jacksonville crna's bylaws state the corporate member of the corporation shall be the passavant memorial area hospital association and there shall be no other members. The corporate member will have the power to remove the president with agreement with the board of directors, appoint directors of the corporation for one year terms, and remove any directors of the corporation with or without cause. Corporate member has the authority to change the bylaws, adopt capital or operating budgets, and strategic plans of the corporation. Corporate member can adopt any voluntary dissolution, merger, or consolidation of the corporation's assets. They may approve capital expenditures over $1,000,000, approve guaranty of debt over $250,000, with or without mortgage, and permit the corporation to enter into material transactions with another corporation affiliated with the corporate member. The corporate member may approve independent auditors, approve contracts providing healthcare to beneficiaries of managed care contracts, and approve applications to the il health facilities planning board. Members also approve sales/transfers of assets to non-affiliated entities, if assets are over $500,000. Corporate member approve of significant changes in the corporation's insurance and contracts involving goods/services with a value over $1,000,000 for capital or $1,500,000 in aggregate for operating and capital budgets, not previously approved. Corporate members approve of physician service contracts over $400,000, approve real estate transactions, and approve any changes to master or long-term institutional plans. Before the corporate member can approve any of the previously mentioned items, the corporate member must first receive approval from its corporate member, memorial health system.”

“A final draft copy of the crna form 990 and all attachments is provided to all of the passavant memorial area hospital association board of directors prior to filing. At the board meeting, a presentation is made by the cfo to the board, followed by a question and answer session. All questions and comments arising from this review are addressed prior to submission of the return to the appropriate taxing authorities.”

“All officers, directors, and key employees of the corporation are required to review the conflict of interest policy and complete a specific disclosure statement which is attached to the policy. Jacksonville crna's inc. Monitors and enforces its conflict of interest policy by identifying any potential conflicts at the time each meeting agenda is prepared. Any officer or director who has a conflict is notified of such conflict, as well as their obligation to abstain from the discussion and vote on any conflicted issue(s). Such abstention(s), if required, are documented in the minutes of each meeting. Board members are also required to update their conflict of interest disclosure statements promptly in the event of any change in personal or business activities that would require such disclosure.”

“Jacksonville crna's inc. Does not have any employees. All top management officials are employed by related organizations. Compensation for those top management officials are performed in accordance with those organizations procedures.”

“Copies of the organization's governing documents, conflict of interest policy, and financial statements are made available upon individual request. The audited financial statements are posted on the hospital's website. These documents are available for the same period of time as set forth in irc section 6104(d).”

“Purchased services: program service expenses 1,406,736. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,406,736.”

“Transfers-related organization 10,860,390.”