Olathe Health System Inc

“Frank h devocelle and tierney l grasser, have a business relationship with each other. They serve as an officer or director for olathe health development corporation or olathe medical center doctor's building condominium owners association, which are all related for profit companies of olathe health system, inc. J mack bowen, chip wood, frank h devocelle and tierney l grasser have a business relationship.”

“The tax return form 990, is reviewed by the audit and compliance committee of the board of olathe medical center, inc. Prior to filing the return with the internal revenue service. The final form 990 with all required schedules is then provided to all voting board members.”

“The purpose of the Organization's Conflict of Interest Policy is to protect the organization's interest when it is contemplating a decision or entering into a transaction or arrangement that might benefit the private interest of any person in a position of authority over the organization, or might result in a possible excess benefit transaction. Corporate officers and members of the Board of Trustees review the Conflict of Interest Policy and complete a Disclosure of Information Form annually. A summary of the annual disclosures of information is provided to the full Board for review at least one time per year. The conflict of interest policy calls for any interested person to disclose the existence of a financial relationship or competitive interest in connection with any pending transaction or arrangement. The individual is given the opportunity to disclose all material facts to the Trustees considering the proposed transaction or arrangement that gave rise to the disclosure. When a transaction involves an interested party, the following procedures are followed: 1. The interested party leaves the meeting after providing any material facts or discussion regarding the matter that gives rise to the interest unless requested to stay by the remaining board or committee members. 2. If appropriate, the Board may appoint a non-interested person or committee to investigate alternatives to the proposed transaction. 3. The interested trustee may not vote in the matter that gives rise to the interest. 4. In order to approve the transaction, the Board must first find, by a majority vote of the trustees then in office, without counting the vote of the interested trustee, a. That the proposed transaction is in the Organization's best interests and for its own benefit, and b. That, after reasonable investigation, the Board has determined that the Organization cannot obtain a more advantageous transaction with reasonable efforts under the circumstances.”

“The organization's governing documents, conflict of interest policy and financial statements are not available to the public.”

“This corporation is organized not for profit and the objects and purposes to be transacted and carried on are: 1. To establish, maintain, operate and support either directly through subsidiary organizations, or in cooperation with other organizations, such facilities and services providing health care for sick, injured, disabled, or aged persons and providing for preservation of health as the board of trustees may determine from time to time to be appropriate, including without limitation, hospitals, ambulatory care services, nursing care facilities, and agencies or facilities providing care for persons in their homes. 2. To establish, maintain, operate, and support activities, services, and facilities designed to advance or support provision of health care services, including, without limitation, programs involving research, preventive health activities, and health-related education. 3. To engage in, promote or support any activity designed to promote the general health or welfare of the communities served by the corporation. 4. To raise and distribute funds either directly, or through related organizations or other organizations exempt from tax under section 501(c)(3) of the internal revenue code of 1986, as amended, in furtherance of the purposes of the corporation, subject to limitations on the nature or extent of such activities applicable to organizations exempt from tax under section 501(c)(3) of the internal revenue code of 1986, as amended. 5. To aquire, own, dispose of and deal with real and personal property and interests therein, and to apply gifts, grants, bequests and devices, and the proceeds thereof, in furtherance of the purposes of the corporation. 6. To engage in businesses and activities either directly or through subsidiaries which support the purposes of the corporation, subject to limitations on the nature and extent of such activities applicable to organizations exempt from tax under section 501(c)(3) of the internal revenue code of 1986, as amended. 7. To participate, carry on, and engage in any activity designed and carried on to promote the general health of the community. 8. To do any and all things necessary, proper, advisable, or customary for the accomplishment of any of the purposes or objects enumerated herein, whether directly or indirectly, and for the accomplishment of any purpose or object arising incidentally in connection with any purposes or objects enumerated herein.”

“Transfer to affiliate $ 15,148 change in investment in ohdc 16,295 -------- total $ 31,443”

“Description:contract labor total fees:8083”