Pace Central Michigan

“Michigan masonic home and presbyterian villages of michigan are the corporate members of pace central michigan with mmh holding 60 interest and pvm 40 interest.”

“Each member appoints 50 of the appointed trustees.”

“The following powers and authority are reserved exclusively to the members a amendment of the corporations articles of incorportation or bylaws b amendment to the pruposes of the corporation c appointment and removal of members of the corporations board of trustees d merger, consolidation, reorganization, dissolution or liquidation of the corporation e additional captial contributions by the members f all capital and operating budges of the corporation g any borrowing by the corporation in excess of an amount determined from time to time by the members”

“Form 990 is reviewed by the board and executive director prior to the final submission to the irs.”

“Officers, board members, and key employees are required annually to sign the conflict of interest statement/policy, which is kept on file with administration.”

“The organization utilizes the skills and background of mmhs human resources department, in conjuction with trade surveys, to determine medican pay ranges for all positions, including the executive director and hces. The board of trustees approves the employment contract with the executive director.”

“Corporate management fee with michigan masonic home for accounting, human resources, info tech svs, and payroll/benefit administration.”

“Other fees include the following office cleaning of 18,040, contracted labor of 318,383, therpary services of 140,157, medicare risk adjustment svs of 96,821, medical director of 137,326, mdhhs medicaid worker contract of 65,475, acturial services of 28,500, acute and sub-acute services of 1,529,801, other medical svs expense of 1,108,503.”