St Vincent'S Multispecialty Group Inc

“In determining the compensation of the organization's president, the process performed by st. Vincent's medical center, a related organization of st. Vincent's multispecialty group, inc., included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The compensation committee reviewed and approved the compensation. In the review of the compensation, the president was compared to individuals at other organizations in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the committee minutes. The individual was not present when his compensation was decided.”

“In determining compensation of the organization's officers and key employees, the process performed by st. Vincent's medical center, a related organization of st. Vincent's multispecialty group, inc., included a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The executive compensation committee reviewed and approved the compensation. In the review of the compensation, the officers' salaries were compared to individuals at other organizations in the area who hold the same title. During the review and approval of the compensation, documentation of the decision was recorded in the minutes. Individuals were not present when their compensation was decided.”

“St. Vincent's Multispecialty Group, Inc, has a single corporate member, St. Vincent's Medical Center.”

“St. Vincent's Multispecialty Group, Inc. has a single corporate member, St. Vincent's Medical Center, who has the ability to elect members to the governing body of St. Vincent's Multispecialty Group, Inc.”

“All decisions that have a material impact to St. Vincent's Multispecialty Group, Inc, financial information or corporation as a whole are subject to approval by its sole corporate member, St. Vincent's Medical Center.”

“Management, including certain officers, works diligently to complete the Form 990 and attached schedules in a thorough manner. Management presents the Form to the Board, or a designated committee, to review and answer any questions. Prior to filing the return, all Board Members are provided the Form 990 and management team members are available to answer any Board Members' questions.”

“The Organization regularly and consistently monitors and enforces compliance with the Conflict of Interest Policy in that any director, officer, key employee, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committee with governing board delegated powers considering the proposed transaction or arrangement. The remaining individuals on the governing board or committee will decide if conflicts of interest exist. Each director, principal officer, key employee, or member of a committee with governing board delegated powers annually signs a statement which affirms such person has received a copy of the Conflict of Interest Policy, has read and understands the Policy, has agreed to comply with the Policy, and understands that the Organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish its tax-exempt purpose.”

“The Organization will provide any documents open to public inspection upon request.”

“Physician Services - Total Expense: 17790792, Program Service Expense: 17716618, Management and General Expenses: 74174, Fundraising Expenses: ; Recruiting - Total Expense: 180000, Program Service Expense: 180000, Management and General Expenses: 0, Fundraising Expenses: ; Consulting and Other Prof Svcs - Total Expense: 383460, Program Service Expense: 312910, Management and General Expenses: 70550, Fundraising Expenses: ;”

“Change in FASB 157 Liability - 112195; Change in Pension Plan Liability - 961556; Intercompany Settlements - 82074771; Transfer to Alpha Fund - -29384472;”