Lubbock Methodist Hospital System

“Carolyn wilkerson board member sibling chase key board member sibling”

“Per the lubbock methodist hospital system bylaws, the lubbock methodist hospital system is a non-profit corporation organized under the state of texas and has no members within the meaning of the texas business organizations code section 22.001.”

“The board members of lubbock methodist hospital system are nominated by the lubbock methodist hospital system nominating committee.”

“The property, business, and affairs of the corporation shall be managed and controlled by the board of directors, and subject to the restrictions imposed by law, the articles of incorporation, and the bylaws, the board of directors shall exercise all of the powers of the corporation.”

“The form 990 is prepared by an outside accounting firm. It is then reviewed by the chair of the lmhs board and the chair of the lmhs operating committee and a summary is presented to the operating committee and reported to the lmhs board.”

“Lubbock methodist hospital system makes its governing documents and financial statements available to the public upon request.”

“The purpose of lubbock methodist hospital system (lmhs)is to assist in the government and fulfillment of the covenant health system mission according to the definitive agreement. The mission statement of covenant health system is "as expressions of god's love, witnessed through the ministry of jesus, we are steadfast in serving all, especially those who are poor and vulnerable."”

“The lubbock methodist hospital system (lmhs) board meets four times a year and has three active committees: operating, oversight, and nominating. The operating committee determines the financial feasibility of projects, acts, and undertakings referred to it by the board; reviews financial statements and appraises the performance of lmhs; counsels with the board and the officers on current and long-term fiscal affairs and makes recommendations to the board concerning the fiscal affairs; recommends policies and agencies for the management of funds; oversees financial and legal audit needs and makes recommendations, and oversees and makes recommendations regarding d&o insurance needs. In doing so, the board provides educational scholarships to the covenant foundation. The oversight committee is responsible for overseeing the relationship with covenant heath system/providence and the ethical and religious directives. In this role, corporate oversight of tubal ligations is reviewed on an annual basis. The nominating committee recommends members of the lmhs board, officers of the lmhs board, and members of the covenant health system board.”