Divine Savior Healthcare Inc

“Divine Savior Healthcare, Inc. is sponsored and operated by the Sisters of the Divine Savior, an order of religious women whose United States Provincialate is located in Milwaukee, Wisconsin.”

“In addition to elected Board of Directors members, the Members (Sisters of the Divine Savior) may appoint up to three directors to serve at the pleasure of said members for an indefinite term.”

“Approval or ratification of the Membership (Sisters of the Divine Savior) is required relative to the actions of the Board of Directors in regard to the following matters: -Dissolution of the Corporation; -Major financing for new or expanded facilities, in such amounts as may be established by the Members; -Moral decisions relating to the operation of the Corporation; -Merger or consolidation of corporate operations, and such similar matters; -The appointment, retention, and replacement of the President; -The budgets and borrowings; -The selection and retention of such professional consultants, accountants, and attorneys pursuant to policies established by the Members; -The approval of revision of the philosophy or Credo. CERTAIN ACTIVITIES OF DIVINE SAVIOR HEALTHCARE, Inc., WHICH INCLUDE BUT ARE NOT LIMITED TO PURCHASING IMMOVABLE ASSETS SUCH AS LAND OR BUILDINGS, BORROWING LARGE SUMS OF MONEY AND ISSUING BONDS, AND BUILDING NEW FACILITIES, ARE SUBJECT TO APPROVAL BY THE CATHOLIC CHURCH IN ROME UNDER THE CODE OF CANON LAW.”

“The Finance Committee of the Board of Directors reviews the 990 in detail at a regularly scheduled meeting prior to submission. Responses on the 990 are reviewed with the Vice President of Finance for the organization during the meeting and after approval by the Finance Committee the board of directors is presented with a final copy of the return before it is filed with the IRS.”

“The Board of Directors discloses any conflict of interests annually by completing a questionnaire and disclosure form annually. Employees are required to review the conflict of interest policy upon hire and at annual intervals. If any significant conflicts arise with members of the Board of Directors, management, or key employees, it is properly documented and followed up on by the appropriate governing group or department within the organization according to the conflict of interest policy.”

“The Executive Committee of the Board of Directors reviews evaluations for these individuals annually, including the CEO, and compares compensation data to competitive market data obtained from salary surveys, and consults with outside organizations. These compensation and market data or survey reviews are documented when reviewed in the minutes of the board of directors' meetings. The compensation of executives of the organization requires approval of the independent voting members of the executive committee of the board of directors.”

“The Audited Financial Statements, Governing documents, and the conflict of interest policy are available to the public upon request.”

“The organization's finance committee assumes responsibility for the audit of its financial statements and selection of an independent accountant, subject to approval by the members. The process used by the finance committee has not changed in the past year.”