Mission Doctors Group

“Classes of members or stockholders the sole member of the organization is mission hospital, inc.”

“Election of the governing body each successor to a director whose term expires shall be appointed by the member and a majority of the board of directors subject to fulfillment of certain qualifications as outlined on the governing documents.”

“Decisions of the governing body subject to approval the following actions of the governing body require approval of the member: (a) approval and adoption of annual operating and capital budgets of the corporation; (b) approval of any financial expenditure which deviates from the corporation's annual operating and capital budgets if the sum of such financial expenditure and the sum of all prior financial expenditures which themselves deviate from the corporation's annual and capital budgets, per fiscal year, exceed $25,000; (c) the purchase or acquisition of any property, real, personal or mixed by the corporation exceeding $25,000. (d) the sale, lease, mortgage, or other transfer or encumbrance of the real property of the corporation exceeding $25,000; (e) any sale, lease, mortgage or other transfer or encumbrance (collectively, transfer) of the personal property and assets of the corporation if the sum of such transfer and the sum of all prior transfers, per fiscal year, exceed $25,000; (f) any merger, acquisition, consolidation, reorganization or dissolution of the corporation; (g) borrowing or lending of money or the creation of indebtedness through the guaranty of another's debt or similar action; (h) giving or seeking of grants; (i) creation, ownership or acquisition of (whether in whole or in part), or affiliation with, any other organization; (j) approval of any strategic plan, business plan, or mission plan of the corporation, including but not limited to specific objectives for patient volume goals; (k)settlement of claims or litigation involving the corporation or any person who may be entitled to indemnification by the corporation with respect to such claims or who may be covered by the corporation's insurance with respect to such claim or litigation. (l) entering into contracts in which the corporation assumes financial risk, including but not limited to managed care contracts, employment contracts, and physician practice acquisition contracts; (m) details and variables involved in the financial/productivity formula that determines physician compensation; (n) appointment and removal of directors in accordance with article 3 of these bylaws; (o) confirmation of appointment and removal of officers in accordance with article 4 of these bylaws; (p) filing of any voluntary petition in bankruptcy or for the appointment of a receiver; (q) adoption of any policy relating to the distribution of non professional and non administrative related revenues and approval of any such distributions; (r) disposition of assets of the corporation; and (s) obtaining or maintaining tax exempt status.”

“Describe the process to review the form 990 the organization engages an outside accounting firm to prepare form 990. Once prepared, the form is reviewed by the organization's internal accountants prior to filing.”

“Describe how conflict of interest policy is monitored & enforced all employees are covered under the conflict of interest policy which requires completion of the conflict of interest questionnaire every two years. The board reviews and resolves, if necessary, any transactions as they arise throughout the year on a routine basis.”

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

“A related organization and sole member, mrmc, compensates officers of the organization. Mrmc uses an independent consulting firm to perform a compensation analysis (last review performed in 2014 by sullivan and cotter). Using this data, the compensation committee of the board reviews senior leader compensation amounts. The committee brings its findings to the board for review and approval. In the years between compensation reviews, the compensation committee reviews economic factors and other data to determine if the results of the survey are still valid.”

“The organization is undergoing a board transition at the time of filing the return and is unable to provide a copy to the governing body prior to filing.”