Kansas University Psychiatry

“Kansas university psychiatry foundation has members rather than stockholders.”

“Kansas university psychiatry foundation has as its members the faculty of the department of psychiatry (greater than or equal to 50% full time equivalent) at the university of kansas medical school.”

“Certain actions and decisions of the board of trustees are subject to approval by all of the members.”

“The form 990 is prepared and reviewed by an accounting firm, then sent to the organization's officers and accounting personnel for review. After any changes, the updated return is then sent to the board for review and comment. Once reviewed by the board and all questions and comments have been addressed, the final form 990 is provided to the board prior to filing with the tax authorities.”

“Members review the conflict of interest policy during the first calendar quarter of each year. Any conflicts or potential conflicts are resolved at that time.”

“No compensation was paid for fy17. Salaries are reviewed annually by the board and approved by the executive dean. Compensation is based on marketplace factors as reflected by the benchmarks of the american association of medical colleges, and the medical group management association, taking into account sub-specialty qualifications, credentials, and experience.”

“No compensation was paid by organization for fy17. Officers do not receive compensation for their role as officers, but as physicians. Physician salaries are reviewed annually by the board and approved by the executive dean. Base compensation is based on marketplace factors as reflected by the benchmarks of the american association of medical colleges, and the medical group management association, taking into account sub-specialty qualifications, credentials, and experience. Physicians and psychologists have the opportunity to enhance their compensation on the basis of performance in the areas of productivity, service and quality.”

“The kansas university psychiatry foundation provides upon written request presented at its office: its original form 1023, its latest form 990, its conflict of interest policy and its latest audited financial statements within 10 business days of the receipt of such request.”

“Professional development 1,433 0 0 parking 0 890 0 total 1,433 890 0”

“The foundation has signed an agreement to transfer all of its activities, assets, liabilities and fund balances into a new integrated clinical enterprise. The new enterprise is kansas university physicians (ein 48- 1163756) and is a 501(c)(3) exempt entity. The foundation began transferring some of its assets to this new enterprise during fye june 30, 2016. The existing entity will be dissolved once all transfers to the new enterprise are complete.”

“Transfer assets - schedule n -142,972”