Madison Healthcare Services

“There shall be an executive committee of the organization, consisting of (3) persons elected by the board of directors to serve for one (1) year terms. The executive committee shall consist of the chairman, the president/treasurer, and the secretary of the organization. If the chairman of the organization is a member of the executive committee, he or she shall be the chairman of the executive committee; otherwise the president shall be the chairman of the executive committee. The executive committee shall meet on call of the chairman or president, shall act only in the intervals between meetings of the board of directors, shall at all times be subject to the direction and control of the board of directors, and, subject always to the foregoing, shall, unless expressly specified to the contrary by resolution adopted by the board of directors, have and exercise the authority of the board of directors in the management of the business and affairs of the organization.”

“The organization's members are the lutheran congregations within the community. The majority of the members must at all times be congregations within the evangelical lutheran church in america (elca). Each member congregation shall be represented at meetings of the members by three delegates, selected from the communicant members of the congregation. All delegates shall have equal voting rights and voting by proxy shall be prohibited.”

“The organization's members are the lutheran congregations within the community. Delegates of lutheran congregations elect the board of directors of madison healthcare services.”

“Amendments to the bylaws must be approved by the member congregation delegates.”

“The form 990 is presented to the board of directors for approval prior to submission to the internal revenue service.”

“The organization monitors the conflict of interest policy as conflicts arise. If any director or employee of the organization has any direct or indirect interest in, or relationship with, any individual or organization that proposes to enter into any transaction with the corporation, including but not limited to transactions involving: a. The sale, purchase, lease or rental of any property or other asset; b. Employment or rendition of services, personal or otherwise; c. The award of any contract such person shall give notice of such interest or relationship and shall thereafter refrain from discussing or voting on the particular transaction in which he has an interest, or otherwise attempting to exert any influence on the corporation, or its components to affect a decision to participate or not participate in such transaction. Conflicts of interest or reviewed at the administration and board level. All proceedings resulting from a conflict of interest are recorded in the board meeting minutes.”

“The organization uses comparability data from surveys of other organizations of similar size in the surrounding areas to determine compensation of top management and officers of the organization. The medisota salary survey is utilized in this determination. The board of directors reviews and approves president/ceo compensation annually. The president/ceo approves the compensation of the cfo. This process is documented in the meeting minutes and the president/ceo's personnel file. This process was last conducted in 2024.”

“The organization does not make its governing documents, conflict of interest policy or financial statements available to the public.”

“Nursing/other professional: program service expenses 3,147,984. Management and general expenses 969,719. Fundraising expenses 0. Total expenses 4,117,703. Consultants: program service expenses 5,961. Management and general expenses 1,836. Fundraising expenses 0. Total expenses 7,797.”

“The board of directors is tasked with selecting an independent public accounting firm to audit the organization's financial statements and retain such person or firm for additional services it may deem appropriate. This process has not changed from the previous fiscal year.”