Northern Cochise Community

“Tmc healthcare is the sole member of northern cochise community hospital.”

“Tmc healthcare appoints the hospital governing body. The hospital board shall consist of 6-10 directors of which at least 2 board members shall be tmc healthcare directors and 1-2 board members shall be northern cochise county hospital district directors.”

“Tmc healthcare as sole member has exclusive authority to determine any of the following actions: approval of annual operating and capital budgets approval of individual non-recurring unbudgeted expenditures in excess of 50,000 approval of any unbudgeted capital expenditures exceeding 50,000 appointing or approving the ceo approving the strategic goals and objectives filing for bankruptcy, making a general assignment for the benefit of creditors, or taking any similar action making any material change in the nature of the organization's business sale, exchange or other disposition of any assets outside the ordinary course of business entering into, amending, or terminating any lease of real property engaging in dissolution or liquidation engaging in any merger, consolidation, conversion, reorganization or issuance of any memberships entering into a management agreement borrowing money or utilizing property owned by the organization as security for such loans making any loan, investment, transfer or disposition of any assets or incurring any liabilities on behalf of the organization taking any other action that may have a material adverse effect on the 501(c)(3) status acquiring or creating any subsidiary or acquiring an interest in any affiliate”

“A copy of the form 990 is provided to the cfo who reviews the form, schedules and related attachments. Any comments or questions are addressed with the preparer and a draft is made available to the board of directors who then approve the form 990. Once management is satisfied with the form 990, the cfo signs the form 8879-te authorizing the preparer to e-file the return.”

“All officers and directors are required to fill out a conflict of interest form annually. The forms are reviewed by the compliance officer for potential conflicts. Any actual conflicts are reviewed by the board of directors. A person with a conflict is restricted from voting on related matters.”

“The ceo's compensation is determined on an annual basis by a compensation committee based on comparability data. The main source available to the hospital in regard to fair market value in salaries is the state hospital association annual survey. This survey is utilized by the board in determining the ceo's compensation.”

“See form 990, part vi, line 15a.”

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

“Form 990, part vii, section a: a related organization paid the compensation of the filing organization's ceo during the year and issued a form w-2. The filing organization reimbursed the related organization for the expense incurred.”

“Other professional fees 5,548,694 624,934 1,437”