Professional Med Team

“The sole member of professional med team is mercy health partners which is a subsidiary of che trinity health corporation. See line 7 for additional information.”

“Mercy health partners is the sole member of professional med team. Mercy health partners has the right to appoint all persons to the board of directors of professional med team.”

“As sole member, mercy health partners must approve certain decisions of the governing body, including the strategic plan and annual operating budget. Mercy health partners must also approve significant changes such as a merger, dissolution, sale of assets in excess of certain limits, a material change in mission, and modifications to governing documents.”

“There are no committees with authority to act on behalf of the governing body.”

“Prior to filing, the form 990 for professional med team was reviewed by management. Management review took place before the form 990 was filed with the internal revenue service.”

“Professional med team has adopted a conflict of interest policy which contains the elements in the model conflict of interest policy issued by the irs. It applies to all "interested persons" of professional med team, which includes directors, principal officers and executives. Interested persons are required to act at all times in a manner consistent with professional med team's charitable purpose and service to the community and to avoid conflicts of interest. Interested persons are required to recuse themselves from discussion and voting on matters involving a conflict of interest. The board of directors of professional med team is responsible for the review and approval of transactions with interested persons, including determining that such transactions are fair and reasonable to professional med team. On an annual basis, interested persons are required to complete a conflict of interest disclosure statement and to affirm their receipt of the conflict of interest policy, compliance with its requirements, and agree to notify the organization of changes impacting their annual disclosure in accordance with the policy. The annual disclosures are reviewed with the board of directors of professional med team on an annual basis.”

“Professional med team follows a process and policy that is intended to mirror the irc section 4958 guidelines for obtaining a "rebuttable presumption of reasonableness" with regard to compensation and benefits. As part of that process, the compensation for management and key employees is determined through comparison of compensation levels from other ambulance companies for individuals in similar positions.”

“The organization's form 1023 and 990 are available upon request. Contact information is provided on the organization's website.”

“Professional med team is a subsidiary organization in the trinity health system. Trinity health makes certain of its key documents available to the public on its website, www.trinity-health.org, in the "about us" section. Likewise, professional med team's governing documents and financial statements are available upon request. Contact information is provided on the organization's website. Additionally, the articles of nonprofit incorporation and annual reports are available from michigan dept of energy, labor & economic growth at www.dleg.state.mi.us/bcs_corp.”

“Investment in partnership -8,676. Rounding 3.”

“The organization has a finance committee that assumes responsibility for oversight of the audit and selection of the independent accountant. This process did not change from the prior year.”