St Dominic Health Services Inc

“Fmol health system (an irc section 501(c)(3) organization) is the sole member of st. Dominic health services, inc.”

“Fmol health system, as the sole member of st. Dominic health services, inc. Retains the power to appoint and remove the members of the board of trustees and officers of st. Dominic health services, inc.”

“Franciscan missionaries of our lady health system, inc. (fmolhs) has the right to approve any dissolution or merger enacted by st. Dominic health services, inc. Fmolhs has the authority to break any tie vote of the board of directors of st. Dominic health services, inc.”

“After preparation of the form 990 by kpmg llp, management reviewed the form 990. A copy of the form 990 was provided to the organization's governing board before it was filed with the irs.”

“Directors and officers receive a copy of the policy and form for reporting each year at the first meeting of the year. Forms are reviewed by the president and any conflicts shared with the board chair. Persons with conflicts of interests abstain from any decisions where the conflict exists.”

“Our board of directors designates an executive committee made up of independent board members to review and set the compensation annually of our officers and key employees. The executive committee obtains and relies upon comparable data including industry-wide compensation information provided by an outside consulting firm. The executive committee reviews compensation packages and appropriate compensation is determined and approved. The basis for determination is then documented by the executive committee. The compensation for the ceo of st. Dominic health services, inc. Is set by the compensation committee of fmol health system (a related tax-exempt organization) according to their pay practices which are similar to those described above.”

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

“Prior period adjustments 2,282,834. Capital transfers 312,438.”

“St. Dominic health services, inc. Does have applicable financial statements for the year of the election, and intend to apply the de minimis safe harbor election. This election permits the taxpayer to deduct for tax purposes any item deducted under its book policy that does not exceed $5,000 per invoice (or per item as substantiated by the invoice) or items having economic useful life of twelve months or less as describted in section 1.263(a)-1(f)(1)(ii) for the tax year ending june 30, 2022.”

“St. Dominic health services, inc. Is making the election under treas. Reg. 1.263()-3(n) to capitalize those repair and maintenance costs that it treats as capital improvements on its books and records for the tax year ending june 30, 2022.”