| FORM 990, PART VI, SECTION A, LINE 3 |
A CONTRACT IS IN PLACE WITH SANDERS MANAGEMENT TO PROVIDE MANAGEMENT SERVICES TO THE ORGANIZATION. SANDERS MANAGEMENT WORKS IN CONJUNCTION WITH PERSONNEL PREPARING BUDGETS, MONTHLY FINANCIAL STATEMENTS, COMPLIANCE WITH DEBT COVENANTS, STATE FILINGS, REIMBURSEMENT, CORPORATE COMPLIANCE, SUPERVISING AND STREAMLINING OPERATIONS PERTAINING TO FINANCIAL MATTERS. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE COMPLETE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C |
THE CONFLICT OF INTEREST POLICY COVERS DIRECTOR OF A COMMITTEE WITH BOARD-DELEGATED POWERS, OFFICER, DIRECTOR, ADMINISTRATOR, DEPARTMENT HEAD, MEDICAL DIRECTOR, CERTAIN OTHER PHYSICIANS, AND ANY PERSON WHO IS IN A POSITION TO COMMIT METRO HEALTH RESOURCES TO ACQUIRE GOODS OR SERVICES. REQUIRED DISCLOSURES, PROCEDURES, AND HOW VIOLATIONS ARE ADDRESSED ARE FOUND IN THE WRITTEN CONFLICT OF INTEREST POLICY. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST UNDER THE PROCEDURES WITH RESPECT TO ANY TRANSACTION OR ARRANGEMENT INVOLVING A BOARD MEMBER, THE FOLLOWING GENERAL PROCEDURES SHALL, UNDER THE DIRECTION OF THE METRO HEALTH FOUNDATION OF NH COMPLIANCE COMMITTEE, BE FOLLOWED IN ADDRESSING THE CONFLICT OF INTEREST AND IN SECURING INDEPENDENT BOARD APPROVAL FOR THE TRANSACTION: 1) THE BOARD MEMBER SHALL REMOVE HIMSELF OR HERSELF FROM ANY DECISION MAKING THE RESPECT TO WHETHER THE TRANSACTION OR OTHER ARRANGEMENT FROM WHICH THE CONFLICT OF INTEREST ARISE. 2) THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT AN INDEPENDENT PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION. 3) AFTER EXERCISING DUE DILIGENCE, THE BOARD WILL DETERMINE IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS CAN BE OBTAINED FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. 4) IF A MORE ADVANTAGEOUS TRANSACTION IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE GOVERNING BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE INDEPENDENT DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE BEST INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 |
THE MANAGEMENT COMPANY, SANDERS MANAGEMENT, PROVIDES COMPARABLE DATA TO EXTABLISH FAIRMARKET COMPENSATION TO THE BOARD. COMPENSATION IS APPROVED BY THE BOARD FOR ANY SIGNIFICANT INCREASE AND DOCUMENTED IN THE BOARD MINUTES. THE ORGANIZATION'S CEO DETERMINES THE COMPENSATION OF TOP MANAGEMENT USING COMPARABLE DATA AND DOCUMENTING DECISIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: |
LOSS ON EARLY EXTINGUISHMENT OF DEBT -193,957. |
Attach to Form 990 or 990-EZ.