The Good Shepherd Hospital Inc

“Gshs inc is the sole member.”

“A number of decisions of the organization are subject to approval of the member of the organization. These reserved powers are stated below: a) beginning january 1, 2007, approve the members of the board; b) beginning january 1, 2007, remove members from the board and set size of board; c) approve the election and removal of officers of the corporation and establish, terminate and/or revise all employment contracts, compensation, and benefit packages of the officers of the corporation; d) designate the fiscal year; e) approve the selection and removal of independent auditors, outside general legal counsel, and outside investment advisors; f) amend the articles of incorporation; g) amend or repeal the bylaws; h) approval of all mergers, acquisitions, consolidations, or affiliations with other entities, the sale of all or substantially all of the assets of the corporation, or the sale, mortgage, or encumbrance of any real property owned by the corporation; i) approve the dissolution or liquidation of the corporation; j) approve capital plans, strategic plans, and annual operating and capital budgets; k) approve any exception to the capital budget for a single item or related item that is $500,000 or more, and approve any operating expense that exceeds the budget by $500,000 or more; l) select official depositories for the corporation's funds; m) creating or investing in any subsidiary entity or entering any partnership or joint venture; n) authorization of any loans, guarantees, or incurrence of debt; o) the commencement of any litigation or other legal proceeding, or the settlement, disposition, or termination of any such litigation or other legal proceeding or of any claim or threat of litigation or other legal proceeding not fully covered by insurance; and p) approval of the admission of additional members.”

“The organization has an external accounting firm audit on a consolidated basis. Internal accounting prepares the 990. The 990 is reviewed by an external accounting firm. The return is then reviewed by internal accountants and executives prior to filing. The board of directors will review after the submission date.”

“Disclosures are obtained annually. The board reviews and approves the board members' disclosures, and the ceo reviews and approves the employees' disclosures. Board minutes reflect when a board member declares a conflict and does not vote.”

“A compensation subcommittee of the board negotiates contracts with executives through longnecker & associates. This subcommittee of the board reviews and approves compensation and bonuses.”

“Good shepherd medical center does not make its governing documents, conflict of interest policy, and financial statements available to the public.”

“Other fees for services: program service expenses 11,846,480. Management and general expenses 15,498,959. Fundraising expenses 0. Total expenses 27,345,439. Professional fees consulting: program service expenses 377,472. Management and general expenses 31,137. Fundraising expenses 0. Total expenses 408,609. Professional fees physician: program service expenses 9,777,124. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,777,124.”

“Change in fair value of interest rate swap 1,552,595. Change in interest in net assets of the foundation 565,074. Related org contributions -156,326. Contributions of or for property and equipment 52,815. Other 11.”