Ollie Steele Burden Manor Inc

“Our lady of the lake hospital, inc.( an irc section 501 (c)(3) organization) is the sole member of ollie steele burden manor, inc.”

“Our lady of the lake hospital inc., as the sole member of ollie steel burden manor, inc., retains the power to appoint and remove the members of the board of trustees and officers of ollie steele burden manor, inc.”

“Our lady of the lake hospital, as the sole member of ollie steele burden manor, inc. Reserves the following powers: 1. To change philosophy, objectives, purposes of corporation 2. To amend, alter, modify or repeal articles of incorporation and bylaws of corporation 3. To authorize merger, consolidation or affiliation, or participate in joint ventures 4. To dissolve and distribute assets of the corporation 5. To appoint and/or terminate with or without cause the chief executive officer of the corporation 6. To acquire, purchase, sell, lease, transfer, or encumber immovable property on behalf of corporation 7. To add to or incur long-term debt in excess of $5 million by the corporation 8. To appoint fiscal auditor of corporation 9. To approve any increment or addition to the capital debt or efforts to renegotiate, modify or charge the existing capital debt obligations of the corporation 10. To approve the annual operating and capital budgets of the corporation 11. To approve a strategic business plan of the corporation 12. To appoint or remove the members of the board of trustees and officers of the corporation”

“Ollie steele burden manor has a comprehensive conflict of interest policy that requires each officer, trustee, board committee member and employee to complete a conflict of interest disclosure statement annually. Completed disclosure forms are reviewed and maintained by the chief compliance officer. If any trustee, board committee member or senior manager has a potential conflict, the executive committee of the board determines whether action needs to be taken and communicates any such action to the individual. A potential conflict of any other employee is reviewed by the ceo or his designee. The executive committee, ceo or designee, as applicable, determines if a conflict of interest exists or creates the appearance of impropriety. If such a determination is made, the individual will be excused from participating in the business decision. During the year, any change to the information in the disclosure statement must be disclosed promptly to the chief compliance officer, who takes appropriate action. The process also requires affirmation from each individual that he or she (a) has received a copy of the conflict of interest policy; (b) has read and understands the policy; (c) has agreed to comply with the policy and (d) understands that ollie steele burden manor is a charitable organization, and that, in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. In addition to the above, ollie steele burden manor provides mechanisms for confidential reporting of compliance issues. These mechanisms include an anonymous hotline and web site where individuals may raise issues, seek clarification and report possible conflicts of interest or other concerns. These reports, including reports of possible conflicts of interest are reviewed and investigated by the corporate compliance department and appropriate action is taken.”

“Ollie steele burden manor, inc makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“Other related tax exempt organizations set the compensation and pay the executives. That board of directors designates the compensation committee, made up of independent board members, to review and set the compensation annually of executives. The compensation committee obtains and relies upon comparable data including industry-wide compensation information provided by outside sources. The compensation committee reviews compensation packages and appropriate compensation is determined and approved. The basis for determination is then documented by the compensation committee.”

“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 body before it was filed with the irs.”

“Throughout the tax year, the organization had a conflict of interest policy, document retention policy, and a whistleblower policy in place although they were not approved by the organization's board of directors before june 30, 2014. The conflict of interest policy and the document retention policy have, however, been approved by the board of directors of our lady of the lake hospital, inc. (the organization's sole-member).”