Savelli Properties Inc

“In determining the compensation of the organization's chief executive officer, the process, performed by alexian brothers - ahs midwest region health co., a related organization of savelli properties, inc., included a review and approval by independent persons, comparability data and contemporaneous substantiation of the deliberation and decision. The alexian brothers - ahs midwest region health co. Compensation committee reviewed and approved the compensation. In the review of the compensation, the ceo was compared to individuals at other organizations in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the committee minutes. The individual was not present when their compensation was decided.”

“In determining compensation of the organization's officers or key employees, the process performed by alexian brothers - ahs midwest region health co., a related organization of savelli properties, inc., included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The compensation committee reviewed and approved the compensation. In the review of the compensation, the officers' salaries were compared to individuals at other organizations in the area that hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the minutes. Individuals were not present when their compensation was decided.”

“Directors shall be appointed by the ascension class directors of the ministry market corporation (the corporate member) and shall serve for three (3) three-year terms and until successors are duly appointed and qualified unless they shall sooner resign or be removed. Except as otherwise determined by the ascension class directors of the ministry market corporation, no person shall be eligible for appointment for more than three successive three-year terms. Formerly, directors would serve for one year and were eligible for eight consecutive appointments. The corporate member name changed and wording was edited to read as follows: the corporation shall have one member: alexian brothers health system d/b/a presence alexian brothers health system, an illinois not-for profit corporation. Additionally, rights of ascension, ascension health and the joint operating company were added to the bylaws as follows: decision making rights of ascension subject to the amita affiliation agreement, the following matters shall be decided by ascension: major transactions involving corporation or a corporation subsidiary that is a credit group member; and the incurrence of debt by corporation or any corporation subsidiary. Decision making rights of ascension health subject to the amita affiliation agreement, the following matters shall be decided by ascension health: the appointment, removal and performance evaluation of the president of the corporation; changes to the articles of incorporation or bylaws of the corporation where such changes are not consistent with system policy; the appointment, removal, and performance evaluation of the corporation president; the formation of a corporation subsidiary; and major transactions involving any corporation subsidiary that is not a credit group member. The distribution of assets upon dissolution was amended where formerly all assets remaining after the payment of all liabilities of the corporation would be distributed to the corporate member or other such exempt organization(s) under section 501(c)(3) of the code as determined by the corporate member, now the bylaws state: upon the dissolution of the corporation, the disposition of all the assets of the corporation shall be in a manner as provide by the board (subject to the prior approval of ascension health) and in accordance with the following: the paying, or the making provision, of the payment of all of the liabilities, direct or indirect, contingent or otherwise, including without limitation, all liabilities evidenced in all outstanding loan agreements, credit agreements, master indentures and other similar documents. Subject to compliance with the dissolution principles of ascension health, all assets remaining after the payment of all of the liabilities of the corporation shall be distributed to ascension health or such other exempt organization(s) under section 501(c)(3) of the code as shall be determined by ascension. Any other assets not so disposed of shall be distributed for one or more exempt purposes within the meaning of section 501(c)(3) of the code, or shall be distributed to the federal government, or to a state or local government, for a public purpose. Any such assets not so disposed of shall be disposed of by a court of competent jurisdiction of the county in which the principal office of the corporation is then located, exclusively for such purposes or to such organization or organizations, as said court shall determine, which are organized and operated exclusively for such purposes.”

“Effective as of 3/1/2018, savelli properties, inc. Has one corporate member - alexian brothers health system is the corporate member of each of its subsidiaries. The institute member of alexian brothers health system is ascension health.”

“Subject to the ratification of the Board of Alexian Brothers-AHS Midwest Region Health Co., the Alexian Brothers Health System has the authority to appoint and remove Directors and Executive Officers of Savelli Properties, Inc.”

“All decisions that have a material impact to savelli properties, inc. Financial information or corporation as a whole are subject to approval by the corporate member, alexian brothers health system, subject to the approval of alexian brothers - ahs midwest region health co.”

“During the return preparation process, the tax department works with other functional areas including finance, accounting, treasury, legal, human resources, and corporate compliance for advice, information and assistance in order to prepare a complete and accurate return. Upon completion, the form 990 is reviewed by the organization's internal tax department which consists of attorneys and cpas. A complete final copy of the return is provided to the organization's president, financial officer, and/or other key officers in lieu of the full board.”

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy in that any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transaction or arrangement. The remaining individuals on the governing board or committee will decide if conflicts of interest exist. Each director, principal officer and member of a committee with governing board delegated powers annually signs a statement which affirms such person has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands that the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish its tax-exempt purpose.”

“The Organization will provide any documents open to public inspection upon request.”

“The organization utilizes an affiliate as the common pay agent. Employees reported in Part VII may have duties that impact multiple related entities. Total average hours worked and compensation and benefits paid are reported. In doing so, if available, a common law employer analysis is used to determine whether the hours and compensation/benefits are reportable as attributable directly to the filing organization or another entity; otherwise, the best available information has been used as the basis for allocations utilized in the reporting.”

“Transfers with affiliates - 10244858;”

“The activity of SAVELLI PROPERTIES, INC. is reported in the consolidated financial statements of Ascension Health Alliance. No individual audit of SAVELLI PROPERTIES, INC. is completed. Therefore, the audited financial statements are of Ascension Health Alliance and Affiliates, which include the activity of SAVELLI PROPERTIES, INC.”

“SAVELLI PROPERTIES, INC. is included in the consolidated financial statements of Ascension Health Alliance. The Finance and Audit committee of Ascension Health Alliance's Board assumes responsibility for the consolidated organization as a whole.”