Unknown Organization

“Mercy hospital oklahoma city is the sole member of the organization.”

“Mercy hospital oklahoma city (the member) may appoint or remove members of the board of directors at any time at the member's discretion.”

“Mercy hospital oklahoma city reserves the following powers and responsibilities: -from time to time, the board of trustees of mercy hospital oklahoma city may designate one or more persons, who have demonstrated significant support for the programs and mission of the corporation, as honorary directors of the corporation. Honorary directors shall have no responsiblity to attend meetings or provide counsel to the corporation and shall be without voting power. -the power to approve amendments to the certificate of incorporation and to amend the bylaws of the corporation; -the power to approve and determine what constitutes a signficant gift of the corporation; and, -to authorize the corporation to borrow money and incur indebtedness.”

“The form 990 is prepared by an independent accounting firm, using information provided by the filing organization. A draft form 990 is reviewed by the filing organization's finance team. The draft form 990 is also reviewed by the mercy health tax department, to ensure accuracy and consistency with other related organizations' form 990s. After questions arising from the various reviews are addressed and incorporated into the form 990, a revised draft is provided to the filing organization's leadership team for review. The foundation is directly controlled as noted on schedule r. Upon review and approval of the leadership team, the form 990 is signed and filed with the irs.”

“Officers, directors, key employees and other disqualified persons are required to complete a conflict of interest questionnaire annually and did so in the normal course for the year ended june 30, 2014. This process is administered at the mercy health level by mercy's business risk (internal audit) department. The questionnaires are reviewed with leadership at the local level and potential conflicts discussed and resolved. The conflicts and their respective resolutions are shared at the mercy level with a team including mercy's chief financial officer, chief compliance officer and other members of finance, legal and hr. Summary results are reviewed with mercy's stewardship committee (formerly finance, audit and compliance committee) of the board of directors.”

“For those classified as officers (and thus disqualified persons), the organization uses the following to establish compensation: external market salary surveys, external market salary studies, engagement of an independent compensation consultant, and review/approval of compensation by the compensation committee of the board of mercy health. For those classified as key employees, the organization uses the following to establish the compensation: external market salary surveys, external market salary studies, and review/approval of executive management. Compensation reviews are completed on an annual basis, and a review was completed during the reporting year.”

“Governing documents, conflict of interest policy, and financial statements are made available from time to time but are not published publicly.”

“As noted on schedule n, the assets of the foundation were transferred 7/1/2013 and the entity was dissolved may 20, 2014.”

“Transfer out to mercy health foundation oklahoma city -9,193,958.”

“Audited financial statements in addition to the separate financial statement audit, the filing organization's financial statements were included in the mercy health and subsidiaries annual financial statement audit. Mercy health and subsidiaries, and the foundation, each received unqualified opinions from external auditors for fiscal 2014 (the tax year currently being reported). The ultimate responsibility for oversight of the financial statement audit and selection of the external auditor lies with the stewardship committee (formerly finance, audit, and compliance committee) of the mercy health board of directors. Audit results are communicated to this committee.”

“Single audit act and omb circular a-133 the consolidated group of mercy health is required to undergo an audit as set forth in the single audit act and omb circular a-133. The single audit was conducted on a consolidated basis.”

“Mercy hospitals east communities mercy hospitals east communities consists of mercy hospitals east communities st. Louis, ein 43-065393, and mercy hospitals east communities washington, ein 43-1066883.”