Northeastern Michigan Cancer Center

“North eastern michigan cancer center (nemcc) has two members.”

“The two members each appoint two voting members to serve on the board of directors.”

“The board of directors has full authority to govern the affairs of nemcc except for powers which are reserved to the members. The following actions, approval of which is reserved to members, shall not be effective without the unanimous advance approval of the members: 1) amendment, modification or repeal of the articles or bylaws. 2) merger or consolidation of nemcc with another entity. 3) sale, exchange, lease or other transfer of all or substantially all of the assets of nemcc. 4) dissolution of nemcc. 5) incurrence, assumption or guarantee of any indebtedness or other borrowings. 6) entering into negotiations with any entity or person other than the members or their affiliates regarding financial participation in the nemcc radiation oncology program. 7) approval of any material modification of the radiation oncology program. 8) approval of any additional capital contributions by the members to nemcc. 9) approval of any contractual arrangement between nemcc and a member or its affiliate.”

“A draft copy was provided to the finance committee, and a final copy was provided to the board of directors prior to signature and filing with the internal revenue service.”

“Each director, principal officer and member of a committee with board delegated powers must annually sign a statement which affirms that such person a) has received a copy of the conflicts of interest policy; b) has read and understands the policy; c) has agreed to comply with the policy; and d) understands that nemcc is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure that nemcc operates in a manner consistent with its charitable purposes and that those transactions or arrangements entered into do not benefit the private interest of an officer or director of nemcc, periodic reviews are conducted. The reviews include the following subjects: a) whether compensation arrangements and benefits are reasonable and are the result of arm's-length bargaining; b) whether acquisitions of physician practices and other provider services result in inurement or impermissible private benefits; c) whether partnership and joint venture arrangements conform to written policies, are properly recorded, reflect reasonable payment for goods and services, further the nemcc's charitable purposes, and do not result in inurement or impermissible private benefits; and d) whether agreements to provide health care and agreements with other health care providers, employees, and third party payors further the nemcc's charitable purposes and do not result in inurement or impermissible private benefit. Form 990, part vi, lines 15a and 15b - determination of compensation please note that although these questions have been answered 'no', they are, actually, not applicable to this entity. The organization does not and has never paid compensation to its officers, directors, or key employees.”

“The governing documents, conflict of interest policy and financial statements are available to the public upon request.”