Phoebe Dorminy Medical Center Inc

“The sole member of phoebe dorminy medical center, inc. Shall be phoebe putney health system, inc. (pphs).”

“The board of directors of pphs, the parent organization, has the right to appoint directors of the filing organization.”

“The sole member shall have the following responsibilities: - the member shall appoint or remove the organization's directors. - the member shall select or remove the organization's officers. - the member shall approve all amendments to the organization's articles of incorporation and bylaws before they may become effective. - the member shall approve any annual operating or capital budgets. - the member shall appoint or remove the independent auditors.”

“Form 990 is reviewed by certain members of the board before it is filed.”

“On an annual basis, phoebe dorminy medical center, inc. Board members complete a conflict of interest questionnaire. This questionnaire is administered by the pphs compliance department and the document asks each individual to disclose any personal, business, or other affiliations and monetary amount if applicable that they or their immediate family members have had within the past 12 months with pdmc or any related entities. All responses are then evaluated by the pphs compliance department. In the case of an existing conflict, the individual with the conflict of interest is excluded from the discussion and approval so such transactions.”

“No documents are made available to the public. The organization is inactive.”

“Phoebe dorminy medical center, inc. (pdmc) was organized with the intention of entering into a lease with the hospital authority of ben hill county d/b/a dorminy medical center (dorminy) to operate the hospital. Pending consummation of the lease relationship, phoebe putney health system, inc. (pphs), the parent organization, and pdmc entered into a management agreement which, as amended, also included the provision of executive staff and the employment of personnel who were leased to dorminy for operations of the hospital. The amended and restated management agreement was terminated on may 31, 2014, and the parties ceased negotiations for a lease arrangement. Upon termination of the management agreement, payment of the outstanding balance due pphs was requested. Dorminy has contested repayment of the amounts due and further contends it is entitled to damages arising out of the management arrangement. As a result of the termination of the management agreement, pdmc became inactive and did not provide any management services for the operations of dorminy during the tax year. Personnel were terminated from pdmc and became the employees of dorminy. It is anticipated pdmc will be dissolved upon resolution of all pending legal issues. During 2022, a confession of judgment was executed by the hospital authority of ben hill county (authority) in favor of pphs and pdmc, resulting in a settlement amount of 2,108,225 payable to pphs/pdmc. The remaining receivable from the authority and related payable to pphs were deemed by the settlement to have no value, and therefore were written off. There is a second judgment which will result in an additional settlement of 2,891,775 if there is a default or a certain triggering event occurs as defined in the settlement agreement. Due to the second judgment being contingent, it will not be recorded unless a default or triggering event occurs. Payment was received during fiscal year 2024 totaling approximately 132,400.”