CMC Missoula Inc

“The restated articles of incorporation and/or the restated bylaws may be amended by a supermajority vote of the board of directors, but only with the approval of the montana attorney general as required under the terms of the organization's agreement dated january 9, 2015, with the attorney general, which approval is required for ten (10) years.”

“The organization does not have any committees that have authority to act on behalf of the governing body.”

“The form 990 and related schedules was given to the board of directors for review and approval prior to being filed with the irs.”

“Annually, the board is required to complete and sign a conflict of interest form that specifically asks about outside interests, outside activities, gifts, gratuities, and entertainment, and inside information and other interest. On this same form, board members must also certify that they have a continuing responsibility to observe and apply the provisions of the policy. This certification requires that they update their conflict of interest form should any new conflicts develop. Any board member with a conflict of interest may not vote, influence, or participate in any way on any matter that they, or their relatives, have a substantial interest. The annual conflict of interest forms are monitored by the board chair.”

“The organization's governing documents, conflict of interest policy, and financial statements are made available upon request.”

“Cmc missoula, inc. Was formerly community medical center, inc., which was a tax exempt hospital, under 170(b)(1)(a)(ii), operating in missoula, mt. Community medical center, inc. Entered into an asset purchase agreement (apa) in january of 2015 with rchp/billings missoula, llc. As part of the post-closing activity, the former community medical center, inc. Was renamed to cmc missoula, inc. And restated its articles of incorporation and by-laws as part of that process. Cmc missoula, inc. Is organized to operate the corporation after the sale of its assets, which includes the fiduciary duty to provide oversight and preservation of the sale proceeds, discharging certain liabilities, collecting outstanding amounts owed, performing certain post-closing duties as outlined in the apa, and from time to time transfer funds to another charitable organization as approved by the mt attorney general. The apa includes a monitoring, compliance, and enforcement agreement in place between the montana attorney general's office (attorney general), cmc missoula, inc. (cmcm), and the buyer, rchp billings-missoula, llc (buyer). As part of this agreement cmcm is responsible for monitoring compliance with the post-closing covenants of the apa. Additionally, the attorney general must approve all changes to cmcm's articles of incorporation, bylaws, or conflict of interest policy. The attorney general also has the right to appoint an individual to have the authority to attend all cmcm board meetings. The attorney general's monitor shall serve as a liason to the attorney general regarding all matters considered by the board of cmcm. Upon approval of the attorney general cmcm will be dissolved and all of the assets, seller's obligations and commitments will be transferred to a charitable tax exempt organization. Cmcm is currently working with the attorney general to complete this process and hopes to have it completed in the near future.”

“Other fees: program service expenses 62,020. Management and general expenses 0. Fundraising expenses 0. Total expenses 62,020.”