Roseman University Health System

“The organization's bylaws were amended for the following: article 5, section 5.2 was revised to indicate that upon dissolution, assets remaining after payment of the debts and liabilities shall be distributed to its supported organization, roseman university of health sciences. Article 6, section 6.1 was revised to indicate that the board of directors of roseman university of health sciences are members of the organization. Article 7, section 7.2 was added to indicate that the board of trustees shall consist of three ex-officio members, including the president, vice president for business services, and chair of the board of trustees of roseman university of health sciences. Article 13, section 13.1 was added to indicate that roseman university of health sciences shall have final approval over all significant transactions. Article 14, section 14.1 was revised to indicate that the board of trustees may adopt, amend, or repeal bylaws, subject to the approval of the board of directors of roseman university of health sciences.”

“The board of directors of roseman university of health sciences are members of the organization.”

“The board of directors consists of three ex-officio members, including the president, vice president for business services, and chair of the board of trustees of roseman university of health sciences.”

“The board of directors of roseman university of health sciences shall: 1. Elect the board of trustees 2. Have final approval over all significant transactions 3. Have final approval of amendments to the bylaws”

“The form 990 is prepared by an outside tax preparer and then reviewed by the vp of business and finance.”

“Board members are required to sign and complete an annual form to ensure compliance with the policy. All employees are required to disclose conflicts of interest in accordance with the policies set out in the employee handbook. If any trustee, officer, director, and/or employee gives notice of a conflict of interest or relationship, he/she shall thereafter refrain from discussing or voting on the particular transaction in which he/she has an interest, or otherwise attempting to exert any influence on the university, or its components to affect a decision to participate or not participate in such transaction. For employees, the employee's immediate supervisor and the director of human resources will review the conflict of interest form. The vp of business and finance/treasurer will also review the forms for conflicts of interest and will take appropriate action. If the interest is deemed a conflict, it will be presented to the president and to administrative council for discussion and possible action. For board members, the conflict of interest forms will be discussed at the board meeting. If a conflict of interest or relationship is deemed by the board, the conflicted board member will be required to recuse him or herself from involvement in any decision or discussion which the conflict has been identified.”

“The governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“The filing organization's employees are also employees of roseman university of health sciences. Forms w-2 and all required federal employment tax returns are filed under roseman university of health sciences federal id: 88-0435559.”