Solventas Surgical Alliance Inc

“An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's president and ceo. Any questions or concerns the president and ceo has are addressed and any corrections or clarifications that need to be made are made. The 990 is then emailed to the board for their review prior to filing the 990. Any questions or concerns the board have are addressed and any corrections or clarifications that need to be made are made. The final form 990 with all required schedules is provided to the board prior to filing the 990.”

“All directors are covered by the policy. The president and ceo reviews potential conflicts and must report them to the full board of directors. Conflicts involving the president and ceo are reported to another officer, and that officer is responsible for reporting the conflict to the full board of directors. The director involved in the conflict must answer questions by the entire board of directors, and if a vote of the board of directors is required to take action regarding the conflict, the director involved in the conflict must recuse themselves from the discussion and the vote.”

“The board utilized a salary review completed in 2013 by nueterra companies, llc, an affiliate of solventas donor and in-kind supporter. Nueterra holdings, llc. Using a similar job description and criteria, the salary was reviewed by a corporate compensation manager and the content applied to three independent salary tools to arrive at appropriate banding, internal hierarchy and salary range. The review also evaluated previous experience, what the market bears, and the band associated with the range established by the compensation committee. In addition to this review, the board also considered other skills necessary for this particular position, including experience in international business and nonprofit management, as well as the management of investments and the accompanying legal framework.”

“The governing documents, conflict of interest policy, and financial statements are available upon request.”

“This corporation is organized exclusively for charitable purposes as a not-for-profit corporation, and the purposes of this corporation are to: a. Receive and distribute donations of medical equipment and supplies in furtherance of the corporation's mission; b. Enhance access to basic surgical and health care both domestically and abroad including, without limitation, in developing nations with inefficient and inequitable health care markets and populations underserved by trained surgeons and physicians; c. Encourage and facilitate the delivery of surgical training and education to physicians and other health care professionals who demonstrate a long-term commitment to serve patients in developing nations; d. Through the use of free-market economic principles and provision of management training, assist in developing sustainable, self-sufficient surgical facilities and, more generally, efficient and functioning health care markets in the developing nations in which the corporation operates and/or invests; e. In accordance with any purpose permitted (i) under section 501(c)(3), a corporation, contributions to which are deductible under section 170(c)(2) of the code, form, create and/or make direct grants to or investments in surgical facilities and ancillary organizations, businesses or funds in support of the purposes of the corporation, including direct investments of debt and/or equity and the investment advisory management thereof; and f. Promote such other charitable and educational endeavors as may be necessary, proper or convenient to conduct, achieve or promote (i) the purposes of the corporation and/or for any purpose permitted under the code or (ii) by a corporation, contributions to which are deductible under section 170(c)(2) of the code. This corporation may not be operated for the primary purpose of carrying on a trade or business for profit.”