Mt Washington Pediatric Hospital Inc

“Johns hopkins health system (jhhs) and umms are equal members of mwph.”

“Jhhs and umms each elect an equal number of members to the board of mwph.”

“The University of Maryland Medical System ("UMMS") prepares the IRS Form 990 for UMMS and its affiliates. Information needed to complete the return is gathered by accounting personnel in the Finance Shared Services department under the supervision of the UMMS Tax Director. Draft returns are prepared using IRS-approved tax software. Once a draft return is prepared, it undergoes multiple levels of review both internally by UMMS tax and finance personnel, and externally by Ernst & Young LLP. Following any necessary changes to the return, a final draft is reviewed by each affiliate's vice president of finance and/or CFO. Prior to filing the IRS Form 990, the organization's board chairman, treasurer, governance committee, finance committee or other member(s) of the board with similar authority will review the IRS Form 990. All board members are provided with a copy of the final IRS Form 990 before filing.”

“The organization's officers, directors and medical staff members, as applicable, shall disclose conflicts of interest or potential conflicts of interest between their personal interests and the interests of the organization, or any entity controlled by or owned in substantial part by the organization. A questionnaire which discloses potential conflicts of interest is distributed annually to officers, directors and key employees. The general counsel of umms reviews the responses for umms and certain other affiliates. The ceo or cfo of each of the other entities in the umms system reviews the responses for those entities. The general counsel, in consultation with the audit committee, if necessary, would determine if a conflict of interest existed. With respect to the other entities in the university of maryland medical system, the general counsel may be called for consult. If so, the general counsel may consult the audit committee, if necessary. Whenever a conflict or potential conflict of interest exists, the nature of the conflict or potential conflict of interest must be disclosed in writing to the organization's board, board committee, an officer of the organization or other appropriate executive. Such individual having a potential conflict of interest shall play no role on behalf of the organization, or any organization controlled or substantially owned, in any transaction in which a conflict exists. All invitations for bids, proposals or solicitations for offers include the following provision: any vendor, supplier or contractor must disclose any actual or potential transaction with any organization officer, director, employee or member of the medical staff, including family members within five days of the transaction. Failure to comply with this provision is a material breach of agreement. In addition, a board disclosure report is filed with the maryland health services cost review commission on an annual basis showing any business transactions between the board members and the organization.”

“The organization determines the executive compensation paid to its executives in the following manner prescribed in the irs regulations: executive compensation packages are determined by a committee of the board that is composed entirely of board members who have no conflict of interest. The committee acquires credible comparability market data concerning the compensation packages of similarly situated executives. The committee carefully reviews that data, the executive's performance and the proposed compensation packages during the decision making process. The committee memorializes its deliberations in detailed minutes reviewed and adopted at the next-following meeting. The committee seeks an opinion of counsel that it has met the requirements of the irs intermediate sanctions regulations. This process is used to determine the compensation packages for all management employees from the vice president level and up.”

“The organization's governing documents are made publicly available through the state of maryland via the secretary of state's office. The conflict of interest policy is generally available on the organization's or affiliate's website. Financial statements are made publicly available on a quarterly basis through filings on the electronic municipal market access ("emma") system.”

“UNRESTRICTED CHANGE IN FUNDED STATUS OF PENSION - -1389077; NET ASSETS RELEASED FROM RESTRICTIONS - -1067281; Change in Economic Interest in Foundation - 2745047; Other changes in net assets - 34611;”