Story County Medical Center Endowment

“There shall be an executive committee, consisting of the president, the vice president, the secretary/treasurer, the board of trustees representative and the ceo of the story county medical center. This committee shall be a standing committee. The executive committee shall meet on the call of the president, except as otherwise provided by resolution of the board or as limited by the law.”

“Jane ramthun and nathan thompson have a business relationship.”

“The form 990 will be reviewed and approved by story county medical center's vp of finance before being filed. A copy of the 990 will be sent electronically to all board members before it is filed with the irs.”

“Upon election, appointment or beginning of new responsibility, individuals will receive a disclosure questionnaire. Annually, the disclosure questionnaire will be reviewed and any and all conflicts of interest will be disclosed and reviewed. The annual disclosure will require acknowledgement that the individual has access to copies of the code of conduct and conflicts of interest, has read and understands the policies, agrees to comply with the policies, understands that the policy applies to all committees and subcommittees having board-delegated powers, and understands the organization must continuously engage primarily in activities which accomplish its purpose. Any organizational director or reporting individual having a conflict of interest in any matter should not influence 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 shall exclude the individual from any specific discussion or vote that involves a board decision on whether or not a conflict of interest exists with that specific individual.”

“The organization makes its governing documents and financial statements available to the public upon request.”

“The board of directors for story county medical center, an unrelated organization, is responsible for oversight of the audit, as well as selection of the auditors. The processes for oversight of the audit and selection of the independent auditor have not changed from the prior year.”