Mccready Foundation Inc.

“Members/stockholders tidalhealth, inc. Is the sole corporate member of the organization.”

“Election of members of governing body in its capacity as the sole corporate member of the organization, tidalhealth, inc. Has the ability to elect members of the organization's governing body.”

“Approval of governing body decisions as the sole corporate member, tidalhealth, inc. Also has the ability to approve major expenditures and long-term borrowings of the organization.”

“Review process of form 990 the completion of the organization's form 990 has been delegated to the agent of the organization by the president of tidalhealth, inc., the parent corporation of both tidalhealth peninsula regional, inc. (tpr) and the organization. The agent of the organization is also the chief financial officer of tpr. The organization's form 990 is reviewed by the president of tpr. A copy of the form 990 was made available to all members of the governing body prior to the filing with irs.”

“Monitoring and enforcement of conflict of interest policy a conflict of interest policy has been adopted by the organization's board of directors/executive committee. The board of trustees is required to disclose annually, in writing, any and all interests which they or any immediate family member may have in any business entity which has or seeks a contractual or competitive relationship with the organization. The board will have the authority to determine if a violation has occurred and whether any interest which should be disclosed should disqualify a director from participating in any specific board discussion or board membership.”

“Process for determining compensation compensation of the organization's president is determined by the president of tidalhealth peninsula regional (tpr), a related tax exempt organization identified in form 990, schedule r. The organization's president is an employee of tpr and receives all compensation from this related organization.”

“Availability of documents to public the organization's governing documents, conflict of interest policy, financial statements, and form 990 are available to the public upon request to the organization or the public information office of tidalhealth peninsula regional, inc. At 100 east carroll street, salisbury, md 21801.”

“On march 1, 2020 the hospital changed its designation to a freestanding medical facility and discontinued inpatient services at that time.”

“Reclass intercompany payable to net assets 1,833,290. Change in permanently restricted net assets -92,215. Pension cost 3,089.”