The Sarah Community

“John o'shaughnessy serves as the organization's treasurer. He is employed by the franciscan sisters of mary (fsm) as its cfo/cio. Fsm is one of the five collaborating catholic congregations of religious women of the sarah community.”

“St. Andrews management services, inc is responsible for both administrative and operational leadership of this facility. All employees are employees of the sarah community, except for the executive director. In 2023, executive director tracy haarmaan was compensated $xx,xxx in wages and benefits by st. Andrews resource for senior system for her services to the sarah community.”

“Effective july 1, 2022, the sole member of the corporation is ssm heal th businesses. Ssm heal th businesses is a nonprofit 501 (c)(3) organization. Both the sarah community and ssm heal th businesses are part of the integrated heal th care system known as ssm heal th.”

“Effective july 1, 2022, the sole member of the corporation is ssm heal th businesses. Ssm heal th businesses is a nonprofit 501 (c)(3) organization. Both the sarah community and ssm heal th businesses are part of the integrated heal th care system known as ssm heal th. The member has the right to appoint the board of trustees except for any trustee who serves ex officio, and to remove appointed trustees with or without cause.”

“The following powers are reserved for the member: a. To establish and change the mission, philosophy and values of the corporation; b. To appoint additional, successor or replacement members; c. To appoint and remove the directors; d. To appoint and remove the president of the corporation and the chief executive officer of any operating division of the corporation; e. To approve amendments to the articles of incorporation of the corporation as provided therein; f. To approve amendments to the bylaws of the corporation; g. To approve the merger, consolidation or dissolution of the corporation; h. To approve the formation of a controlled subsidiary or a remotely controlled subsidiary; i. To approve the sale of all or substantially all of the assets of the corporation; j. To approve the acquisition or disposition by the corporation of another legal entity or an interest in another legal entity; k. To authorize or approve the acquisition or disposition by the corporation of real property or any interest in real property; l. To establish centralized employee benefit, insurance, investment, financing, corporate responsibility, performance assessment and improvement and other operational and support programs; to require the participation of the corporation in such programs; and to authorize the opening and closing of bank accounts and investment accounts in the name of the corporation in connection with such programs; m. To approve the strategic, financial and human resources plan of the corporation; n. To appoint the auditor and corporate counsel for the corporation; o. To authorize and approve borrowing money and entering into financial guaranties by the corporation, including actions relating to the formation, joining, operation, withdrawal from and termination of a credit group or an obligated group and the granting of security interests in the property of the corporation; p. To require the corporation to transfer assets, including but not limited to cash, to ssmhcc or to any other entity exempt from federal income tax as an organization described in 501(c)(3) of the internal revenue code of 1986, as amended, or the corresponding provision of any future united states internal revenue law, which is controlled by ssmhcc, to the extent necessary to accomplish the mission, goals and objectives of ssmhcc as determined by ssmhcc; q. To approve the transfer of assets by the corporation to any entity other than ssmhcc, other than transfers made in the ordinary course of operations of the corporation which will not require member approval; and r. To determine the extent to which and the manner in which the powers described in this section which are reserved to ssmhcc with respect to the corporation are to be included in the governing documents of any controlled subsidiary, remotely controlled subsidiary or non-controlled subsidiary and exercised with respect to any controlled subsidiary, any remotely controlled subsidiary or any noncontrolled subsidiary. The member has the following powers: a. To establish and change the philosophy of the foundation b. To appoint the board of trustees, except for the trustees named in the articles of incorporation for their initial term and except for any trustee who serves ex officio, and to remove the trustee with or without cause c. To approve amendments to the articles of incorporation of the foundation as provided in the bylaws d. To approve the bylaws of the foundation and any amendments thereto e. To approve the merger, consolidation or dissolution of the foundation f. To approve the sale, conveyance, assignment, transfer, alienation, pledge, encumbrance, mortgage or lease of real property or any interest therein of the foundation in accordance with the policies approved by the member g. To approve i) the acquisition of real property or any interest therein or ii) the acquisition of stock of a corporation if, after the acquisition, the foundation will own a majority of the voting stock of such corp”

“The draft form 990 is reviewed by the treasurer for accuracy and made available to the entire board. The final form 990 is mailed to the treasurer of the board for review and signature”

“An annual conflict of interest disclosure is filled out by each board member, submitted and reviewed by the entire board. The member is then excluded in any voting for applicable subject areas.”

“Form 990, part vi, line 15a -process to establish compensation of top management official the organization's top management official, president, is compensated by a related organization that utilized the following to determine compensation: (1) independent compensation consul tant; (2) compensation survey or study; (3) approval by the board or compensation committee. Form 990, part vi, line 15b -process to establish compensation of other officers or key employees the organization does not compensate any other individuals.”

“The organization makes its governing documents and conflict of interest policy available to the public upon request by mailing a copy to the person making the reques”

“Other professional services: program service expenses 2,050,950. Management and general expenses 208,872. Fundraising expenses 0. Total expenses 2,259,822.”

“Adjustment for py restricted net assets 217,635.”