Des Moines Area Medical Education Consortium Inc.

“Broadlawns medical center, a county agency, central iowa hospital corporation, a tax-exempt iowa nonprofit corporation, the university of iowa hospitals and clinics, a state agency, and va central iowa health care system, a federal agency, are members.”

“Broadlawns medical center, central iowa hospital corporation, the university of iowa hospitals and clinics and va central iowa health care system designate representatives to the board of directors.”

“Broadlawns medical center, central iowa hospital corporation, the university of iowa hospitals and clinics and va central iowa health care system must approve amendments to articles and bylaws, and approve dissolutions or merger.”

“The form 990 is prepared by the iowa health system tax services department using information gathered from the financial services and administrative offices of the organization. A draft copy of the return is provided to the executive director for review. Once reviewed a full copy of the form 990 is provided to the board of directors prior to filing with the irs.”

“The organization has a conflict of interest policy. Annually all officers, directors, and key employees are requested to complete a questionnaire to report potential conflicts of interest. Persons who have not returned questionnaires are contacted until the questionnaires are completed and returned. The annual questionnaires include an acknowledgement that the officer, director, or key employee: 1) has read and understands the policy; 2) agrees to comply with the policy; 3) understands that the policy applies to all committees and subcommittees having board-delegated powers; and 4) 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 results are compiled centrally and reviewed by the executive director and administrative director. The detailed results are reported to the board of directors. The information disclosed is used to identify potential conflicts of interest and to assist in completing irs questionnaires. Any duality of interest or possible conflict of interest on the part of any officer, director, or key employee 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 officer, director, or key employee 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, or the individual's 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 1) shall decide if a conflict of interest exists, 2) shall decide if 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 organization's 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 board's or committee's 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 organization's best interests, appropriate disciplinary action may be taken with respect to an officer, director, or key employee who violates the conflict of interest policy.”

“The executive director is reimbursed by a set contractual payment as a management service to the organization. This is based on fair market value. The organization reimburses a separate entity for the administrative director's salary. This salary is based upon the comparison of like positions and markets across the state. The compensation and benefits of the other persons listed on form 990, part vii was established by an independent person/committee using an independent compensation consultant and/or compensation survey or study for similarly qualifed persons in functionally comparable positions at similarly situated organizations. Compensation and benefits are based on the fair market value of the services provided to the organization.”

“The organization's articles of incorporation are available through the secretary of state's office. Other governing documents may be available upon request. The organization will provide copies of its conflict of interest policy and financial statements to the public upon request.”

“Miscellaneous purchased services: program service expenses 152,967. Management and general expenses 0. Fundraising expenses 0. Total expenses 152,967.”