Thumb Area Dialysis Center

“Current stockholders (shareholders) are all nonprofit 501(c)(3) entities.”

“Each shareholder may elect one member of the board of directors.”

“The shareholders reserve the right to modify the bylaws and articles of incorporation. Shareholders must approve certain indebtedness, contractual obligations, and the addition of new programs.”

“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.”

“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. Compensation for alice gerard has been requested from bay regional medical center, however, it was not provided.”

“Line 6d - the net rental income represents rent from total renal care for providing services related to the mission of the organization.”

“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 the organization. All lines left blank are not applicable to the organization.”

“As of february 1, 2012, substantially all of the assets of the organization were sold and the operations discontinued. Continuing cash flows occurred until the remaining assets were sold. After final distributions were made and all activities for the year were recorded, the accounting records were closed as of june 30, 2015.”

“Dividends paid to: 0 bay regional medical center 484,906 midmichigan health 303,067 midmichigan medical center - gratiot 151,534 hills&dales general hospital inc. 90,921 scheurer hospital 90,921 huron memorial hospital 90,921”

“This entity is not separately audited. Annually, the director of internal audit and the corporate compliance officer of midmichigan health review and test the financial information for this organization as midmichigan health records its share of this entity in its audited consolidated financial statements.”