Presbyterian Properties Inc

“Presbyterian healthcare services (phs), a 501(c)(3) tax-exempt health care system, is the sole member of presbyterian properties, inc.”

“The sole member, phs, elects all members of the governing body of the filing organization.”

“Presbyterian properties, inc. Does not maintain any board committees. Therefore, this question is not applicable.”

“Form 990 is prepared by the tax director and submitted to the cfo and the general counsel of the parent corporation, presbyterian healthcare services (phs) for detailed review. After this detailed review is completed, any necessary corrections are made by the tax director before filing with the internal revenue service. The phs cfo serves as treasurer and the phs general counsel serves as secretary for the filing organization.”

“Conflict of interest statements are submitted annually. Board members are required to remove themselves from conflicts or excuse themselves from votes that may leave any appearance of non-independence. The conflict of interest policy is reviewed annually by the governance committee of the parent company and revised if appropriate.”

“Copies of the most recent three years' forms 990 are maintained at phs management locations. Upon request, these returns are available for review or photocopy by any individual. In addition, forms 990 are also published on www.guidestar.org and are freely available in this manner. At this time, copies of governing documents are not available on the company's web site.”

“Presbyterian properties, inc. (ppi) is a title holding corporation which owns real estate in support of the tax-exempt mission of presbyterian healthcare services (phs), a section 501(c)(3) organization. Phs exists to improve the health of the patients, members, and communities we serve.”