Munster Medical Research Foundation Inc

“RANDY NEISWONGER & M. NABIL SHABEEB - MMRF & CHP Board Members - Business relationship”

“Community foundation of northwest indiana, inc. Dba powers health is the sole member or stockholder.”

“Powers health is the parent company of community hospital and has control to elect members of the governing body.”

“Powers health is the parent company of community hospital and has rights to approve decisions made by community hospital notice of an annual or regular meeting shall include a description of any matter or matters to be considered at the meeting that must be approved by the member under the following provisions of indiana statute: 1. Contracts and transactions in which a director has a financial interest; 2. Indemnification of officers, employees and agents; 3. Amendment of the articles of incorporation if required to be approved by the member; 4. Approval of a plan of merger of the corporation with another corporation; 5. Disposal of property other than in the usual or regular course of business or the abandonment of transactions; and 6. General dissolution proposals of the board of directors.”

“The 990 is submitted to the senior vp and system cfo for review, once this review is complete the returns are then presented to senior leadership for review. The 990 is also reviewed by an independent accounting firm before it is posted to a secure website to allow the board of directors to review prior to filing.”

“As part of the organization's annual monitoring & enforcement procedure relating to its conflict of interest policy, all conflict of interest questionnaires are reviewed by the vp of corporate compliance and those officers, directors, or key employees who do not return or fully complete the questionnaire are contacted to reconcile the omission. Restrictions on members with a conflict - members with a conflict are required to recuse themselves from any deliberation and must abstain from the vote.”

“Community hospital does not make its governing documents or conflict of interest policy available to the public. In accordance with bond covenants, community hospital through powers health makes its financial statements and disclosures available to the public through the emma database.”

“Certain salaries and medical directorships are paid by a related organization, usually the parent (powers health), while the hours are applicable to the reporting organization.”

“OTHER REVENUE - Total Revenue: 1022568, Related or Exempt Function Revenue: 1022568, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0; Beauty/Barber Revenue - Total Revenue: 419995, Related or Exempt Function Revenue: 419995, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0; Fee Revenue - Total Revenue: 362854, Related or Exempt Function Revenue: 362854, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0; Education and Training - Total Revenue: 63505, Related or Exempt Function Revenue: 63505, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0; Other- Intercompany - Total Revenue: 5724, Related or Exempt Function Revenue: 5724, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0; Sale of By-Products - Total Revenue: 4837, Related or Exempt Function Revenue: 4837, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0; Quality Care Incentive - Total Revenue: 137, Related or Exempt Function Revenue: 137, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0;”

“Interest income on rest funds - 6935; temp restr-fund transfer - -16680; transfers to/from related orgs - -34580385;”