Mobridge Regional Hospital

“The executive committee shall consist of the chairman of the board, who shall act as chairman of said committee, the secretary, vice-chairman, and treasurer. The executive committee shall have power to transact all regular business of the corporation during the interim between meetings of the board, provided any action taken shall not conflict with the policies of the expressed wishes of the board.”

“Mrh has a management agreement with chi st. Alexius medical center in bismarck, nd. The management agreement provides that chi st. Alexius health will provide management and administrative services. The agreement remains in effect in perpetuity but may be cancelled by the hospital following a 90-day notice. The management agreement was amended as of december 31, 2023, to remove management services. John ayoub, ceo, received compensation of $236,479 and estimated benefits of $35,809 during calendar year 2023. The ceo oversees all daily operational activities and reports to the organization's board of directors. The ceo works very closely with all department supervisors to ensure that all areas of the hospital are running efficiently and smoothly. The ceo is responsible for physician contracting and works very closely with human resources for recruitment of professional medical staff. For calendar year 2023, the ceo's salary was determined using a salary survey and discussions with the management company. The executive committee approved the salary of the ceo.”

“There is only one class of member; all members have one vote (same voting rights). Each person who donates $100 or more is a member entitled to one vote.”

“The nominating committee nominates candidates for election. The members vote on candidates at the annual meeting.”

“The ceo, cfo, and board of directors will review the form 990 via electronic transmission prior to filing with the irs.”

“The conflict of interest policy covers the entire board of directors. If a conflict should arise, it would first go to the ceo for evaluation, then to the board of directors for final evaluation. The board of directors is responsible for making the final decision in determining if a conflict exists. If a conflict is found, the person(s) involved would be required to abstain from discussions and voting on the item causing the conflict.”

“The ceo was compensated through a management agreement with chi st. Alexius medical center in bismarck, nd, in calendar year 2023. The executive committee of mobridge regional hospital reviewed the management agreement and made a determination as to whether the compensation for the ceo's services is reasonable. The ceo became an employee of mrh effective 12/31/23. The ceo became an employee of mrh effective 12/31/23. His compensation was determined by independent committee members who used comparability data from various sources. The finance committee determines and approves the physician contracts, including compensation. Salaries for other officers or members of management are determined by the ceo through the use of salary survey information from sdaho and employee service and experience files. This process is undertaken annually.”

“Documents are made available upon request.”

“Change in foundation interest 250,462.”