M D Anderson Services Corporation

“During the tax year, m. D. Anderson services corporation amended its articles of incorporation, effective march 18, 2024, to (1) increase the number of board members appointed by the sole member from four to five, and (2) remove the requirement that the chairman of the ut system health affairs committee serve as a board member.”

“The sole member of the organization is the president of mdacc.”

“The sole member of the organization appoints five of the directors of the organization. The remaining directors are selected by the board of regents of the university of texas system.”

“With respect to governance decisions subject to approval by persons other than the governing body, amendment of the organization's articles of incorporation and bylaws must be approved by the sole member of the organization and designated representatives of the university of texas system.”

“The form 990 is prepared by deloitte tax llp, working in conjunction with the organization's management team. The draft form 990 is reviewed by the management team, and their revisions are included in the final version of the form. The return is distributed to the audit committee members, a subcommittee of the board, and the organization's board of directors prior to filing with the irs.”

“Officers, directors, and key employees ("covered persons") are required annually to disclose any potential conflicts, as described in the organization's conflict of interest policy and code of ethics (the "policy") to the president of the organization. The president discloses his potential conflicts to the chairman of the organization. The general counsel monitors compliance with these requirements. Any potential conflict of interest is referred to the organization's conflicts of interest committee (the "committee"), which is composed of persons who are disinterested in any interest being reviewed. Per the policy, the committee determines whether a conflict of interest exists by making further investigation with respect to any interest that has been identified. The covered person shall not be present during any meeting in which the committee conducts its evaluation, except to answer any questions as necessary. Once all necessary information has been obtained, the committee shall make a finding as to whether a conflict of interest exists and reports its finding to the board. If it is determined that a conflict of interest exists with respect to a particular contract, transaction or arrangement (collectively, "arrangement"), the disinterested directors of the organization exercise due diligence to determine whether the organization could obtain a more advantageous alternative arrangement, whether the arrangement is in the organization's best interests and for the organization's own benefit, and whether the arrangement is fair and reasonable to the organization. The committee shall keep minutes of its deliberations. If the board or the committee finds that a covered person has failed to comply with the policy, it may take appropriate disciplinary and corrective action, which may include removal or termination of the covered person.”

“Compensation of the organization's employed executives, officers and other key employees is reviewed and approved by the budget and compensation committee (board committee). All members of the budget and compensation committee are disinterested in the compensation that is being reviewed. An independent expert who is retained by mdacc prepares an analysis for the budget and compensation committee in which appropriate comparability data from independent market surveys is reviewed. An analysis is also performed by an external consultant and all data is provided to the budget and compensation committee. All compensation and benefits are approved in advance by the budget and compensation committee. Minutes of the budget and compensation committee's meetings are taken, reviewed and stored.”

“The organization's annual returns and application for tax exemption are available to the public upon request.”

“As of december 31, 2023, mdasc no longer employs any individuals.”

“As of december 31, 2023, mdasc no longer provides management expertise to its related non-profit exempt organizations, m. D. Anderson physicians network or mdacc.”