Keokuk Area Hospital

“Keokuk area hospital contracts with blessing corporate services to execute the duties normally performed by management. The management company carries out the governing decisions of the board of directors, similar to the role and functions of an employee-officer. Blessing corporate services paid compensation to various employees collectively acting as managment. The compensation paid to those employees who serve on keokuk area hospital's board of directors is disclosed on part vii.”

“Blessing corporate services provides general management services.”

“Keokuk health systems, inc. Is the sole voting member of keokuk area hospital.”

“Keokuk health systems, inc., the sole voting member of keokuk area hospital, shall possess the rights and responsibilities, with the approval of blessing corporate services, inc. (who has final authority) to appoint and/or remove at-large directors of the corporation at any time, with or without cause and appoint and remove the corporation's president.”

“Blessing corporate services, inc. ("bcs") shall possess the rights and responsibilites to approve: (a) appointment and/or removal of at-large the directors of the corporation at any time, with or without cause, (b) appointment and removal of the corporation's president, (c) amending the corporation's articles of incorporation and bylaws, (d) borrowing of money and other forms of indebtedness, including, but not limited to, leases; (e) long-range plans, capital and operating budgets; and strategic or business plans, (f) purchasing and selling real and personal property and entering into contracts, not expressly made part of an approved budget, the reasonable value of which exceeds 250,000, (g) material investment decisions, including without limitation establishment and modification of investment policies, engagement and removal of investment managers and advisors, and changes in investment allocations not permitted by an existing investment policy; (h) determining the parameters for terms of employment of physicians, if any, including physician compensation plans, and any material variances from such parameters for individual physicians; (i) selection of auditors and legal counsel; (j) adoption of charity care and community benefits-related policies; (k) formation of subsidiary entities and/or joint ventures; (l) filing of a petition in bankruptcy, making an assignment for the benefit of creditors, or applying for protection under any insolvency laws; (m) participation in any merger, combination, consolidation, liquidation, dissolution or other corporate or business entity restructuring; and (n) entry into any contract and the enforcement and/or performance of any contractual obligation; (o) addition of any new members of corporation; (p) creation, transfer of ownership in and/or dissolution of any subsidiary of corporation; and (q) changes to the use of the corporation name and branding of the corporation with or without reference to bcs.”

“Patrick gerveler broadway at 11th st. Quincy, il 62305”

“Following management and legal review, the form 990 was provided to the board of trustees for review and comment prior to filing.”

“The organization has a conflict of interest policy. Annually all officers, directors, key employees and reporting physicians are requested to complete a questionnaire to report potential conflicts of interest. Persons who have not returned questionnaires are contacted additional times in an effort to receive complete and accurate responses from all persons. The annual questionnaires include an acknowledgement that the officer, director, key employee or reporting physician: 1) has access to a copy of the conflict of interest policy; 2) has read and understands the policy; 3) agrees to comply with the policy; 4) understands that the policy applies to all committees and subcommittees having board-delegated powers; and 5) understands that the organization is a charitable organization and that in order to maintain its tax-exempt status, it must continuously engage primarily in activities which accomplish one or more of its tax-exempt purposes. The information disclosed is used to identify potential conflicts of interest and to assist in completing irs and medicaid questionnaires. Any duality of interest or possible conflict of interest on the part of any organizational officer, director, key employee or reporting physician together with all material facts, should be disclosed to the board of directors and made a matter of record, either through an annual procedure or when the interest occurs or becomes a matter of board action. Any organizational officer, director, key employee or reporting physician having a conflict of interest in any matter should not be present during general discussion nor vote or use his or her personal influence on the matter, and he or she should not be counted in determining the existence of a quorum for purposes of the matter or item as to which a conflict exists. The board should exclude the individual from any discussion or vote in which the board decides whether or not a conflict of interest exists. In cases in which an officer, director, key employee, reporting physician or the individuals household member has a conflict of interest in an arrangement or transaction, the following additional steps may be taken at the direction of the board of directors: 1) after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall 1) decide if a conflict of interest exists, 2) a disinterested person or committee may be appointed to investigate alternatives to the proposed arrangement or transaction; 3) in order to approve the arrangement or transaction, the board must first find, by majority vote of disinterested members, that the arrangement or transaction is in the organizations best interest, is fair and reasonable to the organization, and, after reasonable investigation, the disinterested members have determined that a more advantageous transaction or arrangement cannot be obtained with reasonable efforts under the circumstances; the minutes of the board and all committees with board-delegated powers shall contain: 1) the names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interest was present, and the boards or committees decision as to whether a conflict of interest in fact existed; 2) the names of the persons who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection therewith; in order to protect the organizations best interests, appropriate disciplinary action may be taken with respect to an officer, director, key em”

“Compensation arrangements with highly paid employees utilize benchmark data from various sources including the iowa hospital association wage and salary surveys and physician compensation surveys.”

“Compensation arrangements with highly paid employees utilize benchmark data from various sources including the iowa hospital association wage and salary surveys and physician compensation surveys.”

“These forms are located in the corporate administrative offices and are available upon request for public inspection.”

“The organization ceased operations in september 2022 with the anticipation of transferring the entity to a new member that would allow a recommencement of operations in the future.”

“Health professionals 365,769 0 0 misc. Purchased services 1,170,351 1,320,962 0 total 1,536,120 1,320,962 0”