Saint Joseph'S Tower Inc

“The sole member of saint joseph's tower, inc. Is trinity continuing care services-indiana, inc. See line 7 for additional information.”

“Trinity continuing care services-indiana, inc. Is the sole member of saint joseph's tower, inc. Trinity continuing care services-indiana, inc. Has the right to appoint all persons to the board of trustees of saint joseph's tower, inc.”

“As sole member, trinity continuing care services-indiana,inc. Must approve certain decisions of the governing body, including the strategic plan, annual capital plan, and annual operating budget. Trinity continuing care services-indiana, inc. Must also approve significant changes such as a merger, dissolution, sale of assets in excess of certain limits, a material change in mission, and modifications to governing documents.”

“Saint joseph's tower, inc.'s form 990 was reviewed by management. Management review took place before the form 990 was filed with the internal revenue service.”

“Saint joseph's tower, inc. Has adopted a conflict of interest policy which contains the elements in the model conflict of interest policy issued by the irs. It applies to all "interested persons" of saint joseph's tower, inc., which includes trustees, principal officers and executives, and members of committees with board designated powers. Interested persons are required to act at all times in a manner consistent with saint joseph's tower inc.'s charitable purpose and service to the community and to avoid conflicts of interest. Interested persons are required to make full disclosure to saint joseph's tower, inc. Of any financial or business interests that might result in or have the appearance of a conflict of interest. Interested persons are required to recuse themselves from discussion and voting on matters involving a conflict of interest. The board of trustees of saint joseph's tower,, inc. Is responsible for the review and approval of transactions with interested persons, including determining that such transactions are fair and reasonable to saint joseph's tower, inc. On an annual basis, interested persons are required to complete a conflict of interest disclosure statement and to affirm their receipt of the conflict of interest policy, compliance with its requirements, and agree to notify the organization of changes impacting their annual disclosure in accordance with the policy. The annual disclosures are reviewed with the board of trustees of saint joseph's tower,inc. On a yearly basis.”

“Questions 15a and 15b are answered "no" because the compensation for saint joseph's tower, inc.'s ceo, officers, and key management officials is established and paid by trinity health, a related organization. Trinity health follows a process and policy that is intended to mirror the irc section 4958 guidelines for obtaining a "rebuttable presumption of reasonableness" with regard to compensation and benefits. As part of that process, the compensation and benefits of certain officers and key management officials of saint joseph's tower, inc. Are reviewed at least annually by the trinity health board or the trinity health human resources and compensation committee (hrcc) of the board, authorized to act on behalf of the board with respect to certain compensation matters. As part of its review process, the hrcc retains an independent firm experienced in compensation and benefit matters for not-for-profit healthcare organizations to advise it in the determinations it makes on the reasonableness of proposed compensation and benefits arrangements.”

“Saint joseph's tower, inc. Is a subsidiary organization in the trinity health system. Trinity health makes certain of its key documents available to the public on its website, www.trinity-health.org, in the "about us" section. In this section, the consolidated audited financial statements are publicly available. Saint joseph's tower, inc's governing documents and conflict of interest policy are available upon request.”

“The board of trustees and key employees reported in part vii, sec. A, manage and govern saint joseph's tower, inc. In addition to the board of trustees appointed by the corporate member, 9 individuals serve as an advisory group. The advisory group meets four times a year and appoints its own members. The advisory group submits recommendations to the board of trustees. The chair of the advisory group is designated the official representative for all matters concerning saint joseph's tower, inc. For which the consent or approval of the united states department of housing and urban development (hud) is required.”

“The officers and board of trustees of saint joseph's tower, inc. Have oversight of the financial statements audit. The treasurer of saint joseph's tower, inc. Is the chief financial officer of the corporate member. Appointment of the auditor, an independent public accounting firm, is the responsibility of the corporate member. Saint joseph's tower, inc.'s financial statements were also included in the fy14 consolidated financial statements of trinity health, which were audited by an independent public accounting firm.”