2023-04-28T08:16:53-05:00 2022-12-31 581673613 BENNETT THRASHER LLP 3300 RIVERWOOD PARKWAY 700 ATLANTA GA 30339 990 2022-01-01 161644265 PARTNERS COOPERATIVE INC PART 6788427300 3625 CUMBERLAND BLVD SE 1425 ATLANTA GA 30339 DANE HENRY EXC VP - PRESIDENT DESIGNATE 6788427300 2023-04-25 1 DANE HENRY 999009999 0 JENNINGS P PITTS P00747119 7703962200 2023-04-25 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DANE HENRY 3625 CUMBERLAND BLVD SE 1425 ATLANTA GA 30339 60576657 0 X N/A X 2002 GA NEGOTIATE PURCHASE CONTRACTS WITH SUPPLIERS. 55 55 18 0 0 0 322300 0 50753452 60575980 0 677 0 0 51075752 60576657 0 0 47045798 55013642 3047501 4337245 0 0 0 982453 1225770 51075752 60576657 0 0 31995139 33881134 31348864 33137226 646275 743908 PARTNERS COOPERATIVE, INC. IS A HOSPITAL SHARED SERVICES COOPERATIVE (NOT FOR PROFIT) PROVIDING CONTRACTING AND PURCHASING SERVICES TO ITS MEMBERSHIP. 0 0 59904125 60575980 NEGOTIATE PURCHASE CONTRACTS WITH SUPPLIERS AND DISTRIBUTE MARGIN TO MEMBERS BASED ON PATRONAGE. 59904125 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 55 55 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X X DANE HENRY 6788427300 3625 CUMBERLAND BLVD SE SUITE 1425 ATLANTA GA 30339 ALAN HOLLEY DIRECTOR 1.00 X 0 0 0 ALEC KING DIRECTOR 1.00 X 0 0 0 AMY CROUCH DIRECTOR 1.00 X 0 0 0 ANTHONY UY DIRECTOR 1.00 X 0 0 0 BENNY STOVER DIRECTOR 1.00 X 0 0 0 BRAD POUDERS DIRECTOR 1.00 X 0 0 0 BRIAN CHURCH DIRECTOR 1.00 X 0 0 0 BRIAN STEINES DIRECTOR 1.00 X 0 0 0 CHASE LABRATO DIRECTOR 1.00 X 0 0 0 CHRIS NEWMAN DIRECTOR 1.00 X 0 0 0 CINDY DE MOYA DIRECTOR 1.00 X 0 0 0 CLINTON CARTER DIRECTOR 1.00 X 0 0 0 DEREK MILLER DIRECTOR 1.00 X 0 0 0 DONALD CRIST DIRECTOR 1.00 X 0 0 0 DOUG ROBERTSON DIRECTOR 1.00 X 0 0 0 DR IAN MCFADDEN DIRECTOR 1.00 X 0 0 0 FRANK GOODRICH DIRECTOR 1.00 X 0 0 0 GARY METCALFE DIRECTOR 1.00 X 0 0 0 GASPARE CALVARUSO DIRECTOR 1.00 X 0 0 0 GLENN SISK DIRECTOR 1.00 X 0 0 0 GREGG GENTRY DIRECTOR 1.00 X 0 0 0 HENRY ZEISEL DIRECTOR 1.00 X 0 0 0 JEFF SANDENE DIRECTOR 1.00 X 0 0 0 JEFF STEPHENS DIRECTOR 1.00 X 0 0 0 JEFFREY A LOY DIRECTOR 1.00 X 0 0 0 JIM BUDZINSKI DIRECTOR 1.00 X 0 0 0 JIM CHURCHMAN DIRECTOR 1.00 X 0 0 0 JOHN MIKESIC DIRECTOR 1.00 X 0 0 0 JOHN MILAZZO DIRECTOR 1.00 X 0 0 0 JOHN MOORE DIRECTOR 1.00 X 0 0 0 KAY DAVIS DIRECTOR 1.00 X 0 0 0 KEITH TICKELL DIRECTOR 1.00 X 0 0 0 KELLI POWERS DIRECTOR 1.00 X 0 0 0 KEN MILLER DIRECTOR 1.00 X 0 0 0 KEVIN PHELPS DIRECTOR 1.00 X 0 0 0 LAURA KOWALCZYK DIRECTOR 1.00 X 0 0 0 LYNN DEJACO DIRECTOR 1.00 X 0 0 0 MARY JANE WARD DIRECTOR 1.00 X 0 0 0 MELINDA POSTON DIRECTOR 1.00 X 0 0 0 MICHAEL JENNESSE DIRECTOR 1.00 X 0 0 0 MICHAEL MCCULLOUGH DIRECTOR 1.00 X 0 0 0 NIM CHINNIAH DIRECTOR 1.00 X 0 0 0 NINA DUSANG DIRECTOR 1.00 X 0 0 0 RANDALL FOSTER DIRECTOR 1.00 X 0 0 0 RICK TRESMOND DIRECTOR 1.00 X 0 0 0 ROGER LARKIN DIRECTOR 1.00 X 0 0 0 ROY B GILLELAND PRESIDENT 40.00 X X 959065 0 15250 RUSTY MOORMAN DIRECTOR 1.00 X 0 0 0 SCOTT FINNEGAN DIRECTOR 1.00 X 0 0 0 SNEHAL DOSHI DIRECTOR 1.00 X 0 0 0 STEVE PERRY DIRECTOR 1.00 X 0 0 0 TIM MANN DIRECTOR 1.00 X 0 0 0 TREY FRENCH DIRECTOR 1.00 X 0 0 0 WAITE POPEJOY DIRECTOR 1.00 X 0 0 0 WADE NICHOLSON DIRECTOR 1.00 X 0 0 0 WILLIAM NIX DIRECTOR OF CONTRACT MANAG 40.00 X 273907 0 13095 DANE HENRY EXEC VP - PRESIDENT DESIGNATE 40.00 X 634505 0 0 CASEY STOKES PPI TEAM LEADER 40.00 X 131295 0 6813 DANIEL ALDAY CLINICAL CONTRACT ANALYST 40.00 X 165969 0 8134 KAREN WOOD SENIOR CONTRACT ANALYST 40.00 X 164473 0 8026 KERRI FRANKLIN SENIOR CONTRACT ANALYST 40.00 X 168116 0 8543 SHANNAN NORTON SENIOR CONTRACT ANALYST 40.00 X 155571 0 6974 2652901 0 66835 9 0 1 0 BAUDINO LAW GROUP PLC 2600 GRAND AVE SUITE 100 DES MOINES IA 50312 LEGAL SERVICES 111622 1 REBATES - PATRONAGE 900099 60575980 60575980 60575980 607 607 70 0 70 70 70 60576657 60575980 0 677 55013642 55013642 1895822 1895822 1513416 1513416 928007 928007 108777 108777 49000 49000 199497 166061 33436 82907 82907 225715 225715 205386 205386 27893 27893 18607 18607 70942 70942 137984 137984 MEMBERSHIP DUES 82956 82956 TAXES AND LICENSES 16106 16106 60576657 59904125 672532 0 11914852 11712425 19890166 20534776 48712 55447 969463 842663 104600 126800 36809 1451686 31995139 33881134 653827 1203006 30695037 31934220 31348864 33137226 X 646275 743908 0 0 0 0 646275 743908 31995139 33881134 X 0 97633 X X 0 1 X 0 0 X 189137 179801 9336 709813 659336 50477 70513 3526 66987 126800 REBATES PAYABLE 30516587 OPERATING LEASE RIGHT-OF-USE LIABILITY 1417633 31934220 X 60576657 0 60576657 0 60576657 5563015 0 5563015 55013642 55013642 60576657 PART X, LINE 2: THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF FASB ASC 740, INCOME TAXES (ASC 740). ASC 740 REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION OF ASC 740 HAD NO IMPACT ON THE ORGANIZATION'S STATEMENT OF FINANCIAL POSITION OR STATEMENT OF OPERATIONS. THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE (OR REFLECT) ANY UNCERTAIN TAX POSITIONS. PART XII, LINE 4B - OTHER ADJUSTMENTS: NET PATRONAGE MARGINS ALLOCATED TO MEMBERS X X X X 0 0 0 0 0 0 0 0 0 ROY B GILLELAND PRESIDENT 566329 0 392736 0 0 0 15250 0 0 0 974315 0 0 0 DANE HENRY EXEC VP - PRESIDENT DESIGNATE 560000 0 70000 0 4505 0 0 0 0 0 634505 0 0 0 WILLIAM NIX DIRECTOR OF CONTRACT MANAG 273907 0 0 0 0 0 13095 0 0 0 287002 0 0 0 KERRI FRANKLIN SENIOR CONTRACT ANALYST 168116 0 0 0 0 0 8543 0 0 0 176659 0 0 0 DANIEL ALDAY CLINICAL CONTRACT ANALYST 165969 0 0 0 0 0 8134 0 0 0 174103 0 0 0 KAREN WOOD SENIOR CONTRACT ANALYST 164473 0 0 0 0 0 8026 0 0 0 172499 0 0 0 SHANNAN NORTON SENIOR CONTRACT ANALYST 155571 0 0 0 0 0 6974 0 0 0 162545 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 AS A COOPERATIVE HOSPITAL SERVICE ORGANIZATION, THE ORGANIZATION HAS MEMBERS THAT ARE PATRON HOSPITALS TO WHICH IT PROVIDES ITS SERVICES. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS HAVE VOTING RIGHTS THAT INCLUDE THE ELECTION OF ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY. THE MEMBERS APPOINT DIRECTORS IN A MANNER SET FORTH IN THE ORGANIZATION'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO THE APPROVAL OF THE MEMBERS OF THE ORGANIZATION. THESE DECISIONS INCLUDE, BUT ARE NOT LIMITED TO, THE APPOINTMENT OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS A POLICY THAT STATES THAT PAPER AND/OR ELECTRONIC COPIES OF FORM 990 WILL BE PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO ITS FILING WITH THE IRS. THE FORM 990 WILL BE REVIEWED BY THE ENTIRE BOARD BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BYLAWS PROVIDE FOR A REVIEW OF THE CONFLICT OF INTEREST AND, IF NECESSARY, RECUSAL OF THE INTERESTED PERSON. FURTHERMORE, THE ORGANIZATION HAS A CLEAR AND DETAILED CONFLICT OF INTEREST POLICY WHICH ESTABLISHES A PROCEDURE FOR IDENTIFYING, REVIEWING AND ADDRESSING CONFLICT OF INTEREST. THIS POLICY ALSO REQUIRES EACH DIRECTOR, PRINCIPAL OFFICER AND EMPLOYEE OF THE ORGANIZATION TO ANNUALLY SIGN A STATEMENT ACKNOWLEDGING RECEIPT OF THE CONFLICT OF INTEREST POLICY AND DISCLOSING ANY POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BYLAWS PROVIDE FOR AN EXECUTIVE COMPENSATION COMMITTEE THAT HAS THE AUTHORITY TO TAKE ACTION ON BEHALF OF THE BOARD WITH RESPECT TO THE COMPENSATION OF OFFICERS. HOWEVER, THE COMPENSATION COMMITTEE MUST KEEP MINUTES OF ITS PROCEEDINGS AND REPORT ITS ACTIONS TO THE BOARD. THE ORGANIZATION ALSO HAS A COMPENSATION POLICY. THIS POLICY STATES THAT ON AN ANNUAL BASIS THE COMPENSATION COMMITTEE WILL MEET TO SET THE PRESIDENT'S ANNUAL COMPENSATION. THIS POLICY ALSO STATES THAT A THIRD PARTY HR CONSULTING FIRM WILL BE ENGAGED ANNUALLY TO REVIEW THE TOTAL COMPENSATION OF THE ORGANIZATION'S KEY EMPLOYEES SUCH THAT TOTAL COMPENSATION PACKAGES ARE CONSIDERED FAIR MARKET AND NOT EXCESSIVE. THE THIRD PARTY HR CONSULTING FIRM'S FINDINGS ARE PRESENTED TO THE COMPENSATION COMMITTEE FOR THE REVIEW ANNUALLY. THE COMPENSATION COMMITTEE, PER THE ORGANIZATION'S BYLAWS, IS REQUIRED TO KEEP MINUTES OF THE MEETINGS AND REPORT ITS ACTIONS TO THE BOARD. THE BOARD OF DIRECTORS ALSO FIX A REASONABLE SALARY OR COMPENSATION FOR OFFICERS IN ACCORDANCE WITH POLICIES AND PROCEDURES ADOPTED BY THE BOARD OF DIRECTORS AND IN ACCORDANCE WITH APPLICABLE IRS RULES, REGULATIONS, AND GUIDELINES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IN ITS OFFICE AND UPON REQUEST. FORM 990, PART XI, LINE 9: MEMBER CONTRIBUTION 254,932. MEMBERSHIP INTEREST REDEMPTION -157,299. FORM 990, PART XII, LINE 2C THE ENTIRE BOARD OF DIRECTORS APPROVES THE AUDIT ANNUALLY. THERE IS NO SEPARATE COMMITTEE TO PERFORM THIS FUNCTION.