North Oakland North Macomb Imaging Inc

“The corporation is organized on a stock basis. The total number of shares which the corporation has the authority to issue is 60,000 consisting of voting common shares with no par value. The stock is owned 100% by mclaren oakland (formerly pontiac osteopathic hospital).”

“Stockholders may elect governing body members.”

“Any merger, consolidation, recapitalization, reclassification, liquidation, dissolution or bankruptcy proceeding in which the corporation is a party, or the sale, lease, exchange or other disposition of substantially all the property and assets of the corporation may be authorized only by an affirmative vote of the stockholder owning not less than 75% of the outstanding common shares of the corporation entitled to vote thereon.”

“The form 990 data is prepared internally and submitted to our auditing firm for return preparation. Once the returns have been completed, the forms are reviewed by the corporate director of budget, the corporate senior vice president and cfo of mclaren health care corporation (mhcc). Copies of the returns are made available to the mhcc board members, who serve as the overall governing board. Returns are available for all corporations of which mhcc is the sole member as well as other related entities of those corporations for review rather than having the local boards review the returns. The board of mhcc is the ultimate accountable organization for the system; as such it is the overall governing board of our system whose responsibilities includes but are not limited to: approving all subsidiary board members, financial budgets, and issuance of debt.”

“The corporate compliance department, in accordance with the mclaren health care (mhc) board conflict of interest policy, annually distributes the conflict of interest disclosure survey to all mhc corporate and subsidiary organization board members, executives and other leadership employees. The corporate compliance department through the governance committee, compiles and analyzes survey data by organization, investigates and reviews potential conflicts with the organization's ceo and board chair, and when necessary, recommends actions to be taken to resolve identified conflicts. A complete report of all corporate and subsidiary board member and executive disclosures, conflicts identified and actions taken is reviewed by the mhc governance committee and each subsidiary ceo and board chair receives a report specific to their organization's board members and executives. Conflicts are disclosed to the full board and board committees so appropriate actions can be taken. Actions may include prohibiting a board member from participating in deliberations involving transactions with a company with which they conduct financial transactions; board members failing to complete a disclosure survey or intentionally failing to report a known conflict of interest are relieved of their service to mhc.”

“The compensation committee is appointed by the board of directors to review the performance and recommend the total compensation package of the mclaren healthcare corporation's ceo to the board. Further the committee establishes the salary ranges and perquisites of the other most highly compensated officers (mhc executive & senior vice-presidents and ceos of mhc subsidiary organizations) to the board. The members of the committee must meet the independence requirements of the applicable provisions of section 4958 of the internal revenue code of 1986, as amended and final treasury regulations section 53.4958-6(c)(1)(iii). The committee retains the services annually of an independent firm with significant qualifications and experience to conduct a review of the corporation's executive compensation program. The retained firm utilizes appropriate compensation comparability data. The retained firm conducts analysis of the competitiveness of these programs and expresses an opinion to the reasonableness of these compensation programs. All data utilized by the committee, deliberations of the committee, and final compensation decisions by the committee are documented in formal reports and minutes. The corporate compensation committee works under and periodically renews the mclaren health care corporation compensation committee charter. The most recent year this process was undertaken was fiscal year 2024.”

“Documents that are not open to public inspection are not available to the public.”

“Physician services: program service expenses 281,373. Management and general expenses 0. Fundraising expenses 0. Total expenses 281,373. Service & maint agreements: program service expenses 490,295. Management and general expenses 0. Fundraising expenses 0. Total expenses 490,295. Purchased services: program service expenses 229,124. Management and general expenses 0. Fundraising expenses 0. Total expenses 229,124.”

“This process has not changed from prior year.”