Mercy Health Corporation

“The voting members of the executive committee consist of eight individuals, each of whom shall have a vote, including the ceo, chairman, vice-chairman, immediate past chairman, treasurer, and two additional directors of the board. At least one member of the executive committee shall be a physician. The executive committee shall in all instances be comprised of at least 51% community members. In the event that one or more of the aforementioned voting members of the executive committee is unable to serve in such capacity, then the chairman of the corporation shall designate a replacement from among the board members. The executive committee shall meet as needed. When the board of directors is not in session, the executive committee shall have all the powers, duties, responsibilities and authority of the board, except as prohibited by law.”

“Management reviews the form 990 before filing and it is available to the board of directors.”

“By written policy, mhc sends out, on an annual basis, the corporate conflict and duality of interest policy to all board members, corporate officers and other key individuals (those having responsibility and authority to make final decisions regarding the acquisition of products or services). Each recipient is required to complete a financial interest disclosure statement, which is submitted to the mhc compliance department for review. With respect to physicians and managers who are key individuals, any potential conflict of interest is reviewed with the appropriate executive staff member for follow up with the disclosing party in order to review the matter in more detail. This includes emphasizing that the disclosing party is not permitted to participate in any negotiations for the purchase of any products or services where the conflict is deemed material or authorize the subsequent purchase of related goods and services. The disclosing party is also required to identify each and every instance of a potential conflict as they may arise in the ordinary course of business. A similar process is followed for the board of directors, except that any potential conflict is reviewed by the board's governance committee. Board members may comment on transactions where there is a potential conflict but cannot vote on the related matter and may be required to leave any meeting where the potential conflict is reviewed by the board or where the board takes action to either approve or not approve the proposed transaction. A board member also has a continuing duty to report any conflicts as they may arise in the ordinary course of business. In the event that a potential conflict of interest is reported or discovered outside the established process, appropriate review and action would be taken. This process was last completed in 2024, when the questionnaires were sent to address any 2023 conflicts identified. The mhc conflict of interest policy is available upon request.”

“No documents available to the public.”

“Misc non op revenue 49,705. Misc non op expenses -21,989.”