Primary Healthcare Associates Sc

“On 1/27/2025, primary healthcare associates sc filed a statement of conversion with the state of illinois to convert from a professional corporation to a single member limited liability company disregarded for tax purposes. The primary healthcare associates, s.c. 36-4132865 conversion was approved by the state of illinois on 2/5/2025. On 2/7/2025, primary healthcare associates filed articles of organization with the state of illinois naming ucm medical group, inc. As the sole managing member of primary healthcare associates, sc. Ucm medical group, inc. Is a 501(c)(3) nonprofit corporation. Effective 2/5/2025, the daily operations and rights to approve or direct significant decisions of primary healthcare associates sc are managed by ucm medical group, inc.”

“Effective 2/5/2025, primary healthcare associates sc is an entity disregarded for tax purposes upon its conversion to a single member limited liability company organized in the state of illinois. As such, primary healthcare associates is filing its final form 990 and future operations will be reported on the form 990 tax return of its sole managing member, ucm medical group inc.”

“For the short period 7/1/2024 - 2/5/2025, the organization was an affiliated tax-exempt professional corporation controlled by ucm care network medical group inc. (cnmg), through a shareholder control agreement with the physician shareholder. Under the shareholder control agreement, cnmg had the exclusive right to approve or direct significant decisions of the organization's shareholder. The physician shareholder had no economic rights to any profits or distributions of the organization and was required to vote on decisions of the organization in the manner directed by cnmg. Effective 2/5/2025, the sole managing member of primary healthcare associates, sc is ucm medical group inc., a 501(c)(3) nonprofit corporation. Ucm medical group inc. Has the exclusive right to approve or direct significant decisions of the organization.”

“Please see the narrative for part vi, line 6.”

“Please see the narrative for part vi, line 6.”

“Primary healthcare associates sc has no committees that have authority to act on behalf of the governing body; therefore, this question is not applicable but has been answered no in accordance with the irs form 990 instructions.”

“The form 990 is prepared internally by the ucmc tax department using information provided bymanagement. The full form, including supplemental schedules, is reviewed in detail by the tax director. At its regularly scheduled meeting, the compensation committee of the ucmc board of trustees is provided a draft copy of portions of the form 990. The final complete version of the form 990 is then distributed to all voting members of the board of directors prior to its filing.”

“Primary healthcare associates has a robust conflicts of interest policy for employees, officers, and directors. The policy contains certain prohibitions as well as disclosure requirements, and encourages questions directed to the compliance office and legal affairs. During this tax year, primary healthcare associates continued its practice of surveying directors, officers, managerial employees, and influential medical staff members, seeking disclosures of various relationships, including relationships disclosed in this form 990. In addition, certain chairs of committees, such as the pharmacy and therapeutics committee of the medical staff, at monthly meetings ask for oral disclosures of potential conflicts. Upon request, the compliance officer and the office of legal affairs provide educational sessions. Ucmc notes that researcher conflicts are managed by the university of chicago. The conflict of interest policy specifically requires disclosure, and abstention or recusal as necessary, whenever a director or related party has a potential conflict of interest.”

“All documents are available upon request.”

“The organization's top management official and other officers are compensated based on their employment contracts as physicians of the organization.”

“Primary healthcare associates sc (pha) was formed to diagnose and treat human ailments and injuries, whether physical or mental.”

“Program Support Services: Program service expenses 238,424. Management and general expenses 13,975. Fundraising expenses 0. Total expenses 252,399. Physician Services: Program service expenses 1,981,319. Management and general expenses 5,000. Fundraising expenses 0. Total expenses 1,986,319. Contract Labor: Program service expenses 1,129,101. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,129,101. Laundry services: Program service expenses 61,012. Management and general expenses 0. Fundraising expenses 0. Total expenses 61,012. Medical Agreements: Program service expenses -10. Management and general expenses 0. Fundraising expenses 0. Total expenses -10. Billing Fees: Program service expenses 817,808. Management and general expenses 82,482. Fundraising expenses 0. Total expenses 900,290. Collection Fees: Program service expenses 10. Management and general expenses 0. Fundraising expenses 0. Total expenses 10. Capitation Expense: Program service expenses 237,609. Management and general expenses 1,764. Fundraising expenses 0. Total expenses 239,373.”

“Net asset transfer to llc 146,710,879.”

“Effective February 5, 2025, Primary Healthcare Associates S.C. converted from a 501(c)(3) tax-exempt entity to a single-member LLC disregarded for tax purposes under Treas. Reg. 301.7701-3, whose sole member is UCM Medical Group, Inc. (EIN: 47-4221241).”