Regional Dialysis Services

“By-laws indicate two ex-officio directors, the manager of the corporation and the medical director.”

“Members are composed of 501(c)(3) organizations.”

“Each member selects two persons to sit on the board of directors.”

“Members reserve the right to approve annual budgets, unbudgeted debt or expenditures, disposition of certain assets, and major program changes.”

“The form 990 information is prepared by the finance staff at midmichigan health, the sole member of midmichigan medical center-gratiot. The information is submitted for review by a senior finance staff member at midmichigan health. The staff member in consultation with our tax accountant (a certified public accounting firm) requests additional information and obtains clarification. Once the initial review is complete, the information is submitted to our tax professionals at andrews hooper pavlik plc. Upon review by their professionals, including a partner, information is returned to midmichigan health for its final review. This review includes a review by the svp and treasurer. All compensation disclosures are reviewed with the midmichigan health ceo prior to filing. Prior to filing: the form 990 part vii and schedule j compensation information is reviewed by the compensation committee prior to filing. Form 990, including all schedules, is made available to this organization's board of directors in a secure electronic format with a summary of all the major changes from the prior year return. Questions or concerns are addressed by the svp and treasurer. The questions or concerns of these reviews are presented to the midmichigan health board of directors and this organization's board of directors, if any are identified.”

“The organization requires each director, officer, key employee, and member of a committee of the board annually: (1) to review the organization's conflict of interest policy (the "policy"); (2) to disclose any possible personal, familial, or business relationship that reasonably could give rise to a conflict of interest or the appearance of a conflict of interest; and (3) to acknowledge by his or her signature that he or she is acting in accordance with the letter and spirit of the policy. The completed forms are reviewed by the midmichigan health secretary and filed for reference as needed. Voting board members with conflicts on specific issues are asked to leave the meeting during discussions and abstain from voting on any issue in which they are not independent.”

“All ceos and operating officers compensation is annually approved by an independent compensation committee of midmichigan health. The compensation is then reviewed by the organization's board of directors (or subcommittee thereof). For detailed information on compensation, please see schedule j.”

“All officer and key employee compensation is reviewed annually by the compensation committee for adherence to corporate policies. For detailed information on compensation, please see schedule j.”

“All documents are available upon request.”

“No directors receive pay for the purpose of serving on the board. All individuals with reportable compensation are paid by a related organization for services related to a part-time or full-time position. Average hours per week for those with reportable compensation are related to the aforementioned positions. Those persons with full-time positions are estimated to work an average of 50 hours a week.”

“Part i, lines 3 & 4 and part vi, section a, line 1 - those members who are not independent are employees of a related organization listed in schedule r and are compensated at market value for the services provided to that organization. All lines left blank are not applicable to the organization.”

“Release of funds from escrow 891,795 dividends and other transfers 2,250,000”