Major Affiliates Inc

“There is one member of this corporation, major hospital, inc., a government affilated hospital regulated under the indiana county hospital law, indiana code (ic) 16-22.”

“The member, major hospital, inc., may appoint officer(s), director(s), or anyone else to act on its behalf in the capacity of member of this corporation.”

“The business property and affairs of the corporation shall be managed and controlled by the board of directors in accordance with the policies established by the member. The member, major hospital, inc., may appoint officer(s), director(s), or anyone else to act on its behalf in the capacity of member of this corporation. Vacancies in the board of directors shall be filled by the member. The member shall annually appoint the president, in concert with the board of directors. Any director may be removed with or without cause at any regular or special meeting of the member of the corporation.”

“Not applicable as the organization does not have committees with authority to act on behalf of the governing body.”

“The process of reviewing the form 990 entails a detailed review by major hospital's accounting department, resident agent and major hospital ceo john horner, major hospital's and major affiliates' board of directors. Major hospital's ceo and the governing body receive a copy of the form 990 including requested schedules, as ultimately filed with the irs, for review and approve prior to filing with the irs.”

“Major affiliates follows major hospital's written conflict of interest policy. Employees, directors, and principal officers are presented with it annually through the preformance manager training model. All interested persons make discloses of any potential conflict that may arise between them and the organization to the corporate compliance officer. Interested persons are excluded from discussion of, and vote on, any transaction or arrangement involving possible conflicts of interest.”

“Form 990, part vi, line 15a/15b: the policy questions are not applicable for major affiliates since top officials are major hospital employees. Compensation is determined by major hospital.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“Loss on investment in affliates -5,082,802.”

“The board of directors assumes responsibility for oversight of the audit of the financial statements and no processes have changed from prior year. Major affiliates' board of directors reviews the annual financial statements, however, the independent accountant is selected by major hospital's board of directors.”