South Bend Medical Foundation

“The administrative committee shall consist of the officers of the corporation. Subject to the control of the board of directors, the administrative committee shall have full authority to act for and on behalf of the corporation and exercise all of the powers of the board of directors that may be lawfully delegated by such board to such committee except, however, the administrative committee shall have no power to donate any part of the assets of the corporation. The administrative committee shall receive status reports on other committee activities and discuss items of interest to the group as a whole or to individual officers for the performance of their duties. The administrative committee shall keep minutes of its meetings.”

“The form 990 was initially reviewed by the finance department and finance committee. A full copy of the form 990 is provided to the board for review prior to filing.”

“Annual conflict of interest questionnaires are completed by substantially all board members, officers, key employees, and highest compensated employees. The organization's cfo reviews all responses to determine whether or not a potential or actual conflict of interest exists. If an actual conflict of interest is determined to exist, persons with a conflict are recused from voting on the conflicting issue.”

“The president will present an annual report to the executive committee (or full board of directors if no executive committee has been formed) to review the current salaries of the employed pathologists compared to benchmark data of current market rates, and to review the salaries of highly compensated employees of the corporation.”

“Financial statements, conflict of interest policies, and governing documents are not required disclosures pursuant to irc section 6104. These documents are not made available to the public.”

“Reference lab services: program service expenses 1,043,969. Management and general expenses 62,467. Fundraising expenses 0. Total expenses 1,106,436. Other professional services: program service expenses 940,622. Management and general expenses 56,283. Fundraising expenses 0. Total expenses 996,905. Temporary labor: program service expenses 35,161. Management and general expenses 2,104. Fundraising expenses 0. Total expenses 37,265. Courier services: program service expenses 696,202. Management and general expenses 41,658. Fundraising expenses 0. Total expenses 737,860.”

“Gain on joint venture 16,500.”

“Annually, the executive committee of the board of directors (chairman, vice chairman, treasurer, secretary, and management) as well as the full board of directors meet to review the audit.”