F-M Ambulance Service Inc

“The following officers, board members, and key employees are employees of sanford or its related organizations. Many of these employees also serve on other related sanford boards, or have business relationships with each other that span the organization as a whole: bill gassen, nick olson, scott wooten, bill marlette, and tiffany lawrence.”

“Sanford north is the sole stockholder of f-m ambulance.”

“Board members are appointed by the president and ceo of sanford.”

“The following actions by the board of directors shall also require the approval of the shareholder: a. Amendment of the corporation's governing documents including, but not limited to, the articles of incorporation or bylaws; b. Approval of any merger, consolidation, dissolution, or liquidation of the corporation; c. The sale of the corporation's assets or operations outside the ordinary course of business; d. The corporation becoming a party to or otherwise participating in a joint venture or partnership with another entity or individual; e. Any change in the corporation's mission, vision or strategic plan; f. Discontinuation, closure or transfer of ownership of substantially all of the assets, or membership interest in, a corporation site of operation; g. Approval of the names or changes to the names of the corporation's entities and facilities; h. Unless contemplated by a previously approved budget or plan, the sale lease, transfer, pledge, encumbrance, exchange or other disposition of assets of the corporation; i. Incurrence of an unbudgeted debt or unbudgeted capital lease obligation by the corporation; and, j. Adoption of an annual operating budget, modification of an approved annual operating budget, adoption of an annual capital budget or modification of an approved annual capital budget.”

“The form 990 is prepared internally by the tax department and reviewed by executive management. The tax department prepares return highlights and key disclosures for the executive management team. An external accounting firm reviews and signs the return. Before the return is filed, a complete copy is provided to the current board of trustees.”

“The annual conflict of interest disclosure process is managed by the chief compliance officer (cco). The cco is responsible for assuring that all completed forms are returned in a timely and complete manner. Conflict of interest questionnaires are sent to system trustees, members of the governing boards for subsidiary entities, officers, and key employees for all entities subject to the irs form 990 filings. The disclosures are summarized for review by the executive committee of the board of trustees, pursuant to policy. This review allows: 1) the board to acquire an awareness of financial relationships of board members and key management employees and can invoke the recusal process on a case-by-case basis if potential conflicts are implicated in board decisions and deliberations, and, 2) gives the board the opportunity to seek additional information and clarification about disclosures to determine potential conflicts of interest and how to manage them.”

“Sanford has a process for determining compensation of the persons listed on part vii, section a. This includes a review and approval by independent persons, review of comparability data and contemporaneous substantiation of the deliberation and decision for such compensation. Sanford engages a nationally recognized independent compensation consulting firm annually to review the total compensation arrangements of the officers and executives of the organization, including the ceo. The executive committee of the board of trustees approves all compensation changes for the ceo in advance, relies on the market data provided by the independent consulting firm in making changes, and documents the basis for any changes in committee minutes.”

“Although the organization does not maintain a website where the public can access these documents, it would respond individually to any requests or inquiries from the public for these documents.”

“The sanford board of trustees has ultimate governance responsibilities for each major operating entity within sanford. In addition, a board of directors is established for each major operating entity. This board has specific responsibilities delegated from the board of trustees. Generally these responsibilities are related to the oversight of the day to day operations of that entity.”

“Reimbursement from sanford health for cash flow incurred by f-m ambulance 2,369,829.”