7272 Wisconsin Building Corp

“The corporation is a title-holding company that formerly held the headquarters building of the american society of health-system pharmacists. The building was sold last year, and the holding company is in the process of winding down and dissolving. Vanguard realty group is performing financial and management services during this process.”

“7272 wisconsin building corp does not have any committees with authority to act on behalf of the governing body.”

“After management has reviewed and approved the Form 990, The Board of Directors is notified via email that the Form 990 is available for their review.”

“Each member of the board of directors completes a written annual disclosure report. There is a continuing obligation by individual board members to report if there are any changes in the external activities of the board member. If the board believes there is a potential or actual conflict of interest then the board member may have to defer an external activity until their tenure on the board is completed, may have to recuse him- or herself from any discussions of a topic by the board, and/or not participate in any board action on an issue. Key employees complete a disclosure report form as part of the yearly external financial audit, and also as part of their conditions of employment, which they sign at the time of their hire.”

“The members of the Board of Directors do not receive compensation nor are expenses reimbursed from the corporation. All members of the Board are full time employees of the American Society of Health-System Pharmacists (ASHP), and are required to follow the respective written policies of that organization. Accordingly, following is a description of the process that takes place at ASHP: The ASHP Board of Directors is responsible for the hiring and review of the CEO. The CEO is the only full time employee of the organization with an employment agreement. The board of directors, in determining compensation for the Chief Executive Officer, uses external salary and compensation comparability data for similar positions. Minutes of these deliberations are maintained. Other key employees that are employed by the organization are "employees at will". Salaries for these individuals are determined using relevant comparable salary data. Prior to filling a vacant position. a hiring supervisor, in conjunction with the Human Resources Division, researches relevant salary ranges for the position.”

“The organization would make its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“7272 adheres to the written whistleblower and document retention/destruction policies adopted by ASHP, a related organization.”

“The organization ceased operations after the sale of the building. The organization will be completely shut down upon the demolition of the building.”

“distributions -5,359,066.”

“the audit oversight process has remained unchanged from the prior year.”

“7272 wisconsin building corporation files a consolidated form 990-t with a related organization, the american society of health-system pharmacists. Net ubi on line 7b reflects only 7272's portion of net ubi: (500) taxable income, 7272 132,158 taxable income, ashp 0 maryland bonus depreciation adjustment - 7272 (10,944) state tax deduction ---------- $120,714 taxable income, consolidated form 990-t ~~~~~~~~~~”