2018-05-10T10:12:06-05:00 2017-12-31 581673613 BENNETT THRASHER LLP 3300 RIVERWOOD PARKWAY 700 ATLANTA GA 30339 990 2017-01-01 161644265 PARTNERS COOPERATIVE INC PART 6788427300 3625 CUMBERLAND BLVD SE NO 1425 ATLANTA GA 30339 ROY B GILLELAND PRESIDENT 6788427300 2018-05-01 1 TIMOTHY S OBERST P00618530 7703962200 2018-05-01 2017 2022-09-23 18:48:47Z ROY B GILLELAND 3625 CUMBERLAND BLVD SE NO 1425 ATLANTA GA 30339 28382674 0 X N/A X 2002 GA NEGOTIATE PURCHASE CONTRACTS WITH SUPPLIERS. 32 32 15 0 0 0 0 0 22812455 28381772 212 902 0 0 22812667 28382674 0 0 19903101 25344365 2284203 2379208 0 0 0 625363 659101 22812667 28382674 0 0 7423892 9132248 6987883 8616129 436009 516119 PARTNERS COOPERATIVE, INC. IS A HOSPITAL SHARED SERVICES COOPERATIVE (NOT FOR PROFIT) PROVIDING CONTRACTING AND PURCHASING SERVICES TO ITS MEMBERSHIP. 0 0 28041230 28381772 NEGOTIATE PURCHASE CONTRACTS WITH SUPPLIERS AND DISTRIBUTE MARGIN TO MEMBERS BASED ON PATRONAGE. 28041230 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 15 1 0 0 0 0 0 0 0 0 0 0 X 32 32 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X X ROY GILLELAND 6788427000 3625 CUMBERLAND BLVD SE SUITE 1425 ATLANTA GA 30339 DAVID A BELKOSKI DIRECTOR 1.00 X 0 0 0 JIM BUDZINSKI DIRECTOR 1.00 X 0 0 0 MIKE HEMPHILL DIRECTOR 1.00 X 0 0 0 TOMMY MCBRIDE DIRECTOR 1.00 X 0 0 0 JOSEPH MCGUIRE DIRECTOR 1.00 X 0 0 0 ANTHONY TRUPIANO DIRECTOR 1.00 X 0 0 0 TONY HERDENER DIRECTOR 1.00 X 0 0 0 MARTY BRIDGES DIRECTOR 1.00 X 0 0 0 LUKE CATALANOTTO DIRECTOR 1.00 X 0 0 0 PAUL DUANE DIRECTOR 1.00 X 0 0 0 TERRI NEWSOM DIRECTOR 1.00 X 0 0 0 DENNIS L CRUM DIRECTOR 1.00 X 0 0 0 RHONDA S PERRY DIRECTOR 1.00 X 0 0 0 JEFF FLOWERS DIRECTOR 1.00 X 0 0 0 JOSH MOORE DIRECTOR 1.00 X 0 0 0 BRIAN CHURCH DIRECTOR 1.00 X 0 0 0 DONALD CRIST DIRECTOR 1.00 X 0 0 0 FULTON ERVIN DIRECTOR 1.00 X 0 0 0 DAVE HABIB DIRECTOR 1.00 X 0 0 0 DALE LOCKLAIR DIRECTOR 1.00 X 0 0 0 GARY METCALFE DIRECTOR 1.00 X 0 0 0 LISA MORGAN DIRECTOR 1.00 X 0 0 0 HAROLD PRICE DIRECTOR 1.00 X 0 0 0 CHAD RICHARD DIRECTOR 1.00 X 0 0 0 MICHAEL DACUS DIRECTOR 1.00 X 0 0 0 MICHAEL DENHAM DIRECTOR 1.00 X 0 0 0 BILL FOLEY DIRECTOR 1.00 X 0 0 0 JIM FORSTNER DIRECTOR 1.00 X 0 0 0 DEREK MILLER DIRECTOR 1.00 X 0 0 0 KEN MILLER DIRECTOR 1.00 X 0 0 0 ROY B GILLELAND PRESIDENT 40.00 X 673554 0 113500 RICHARD T SHEERIN CHAIRMAN 1.00 X 0 0 0 WILLIAM NIX DIRECTOR OF CONTRACT MANAG 40.00 X 194595 0 10124 PAUL JOHNSON VICE CHAIRMAN 1.00 X 0 0 0 868149 0 123624 2 0 1 0 0 REBATES - PATRONAGE 900099 28215694 28215694 166078 166078 28381772 822 822 80 0 80 80 80 28382674 28381772 0 902 25344365 25344365 891773 891773 1002145 1002145 485290 485290 13102 13102 27950 27950 79731 79731 67579 67579 88212 88212 168010 168010 13404 13404 16141 16141 54271 54271 36105 36105 MEMBERSHIP DUES 81972 81972 TAXES AND LICENSES 12568 12568 BANK SERVICE CHARGES 56 56 28382674 28041230 341444 0 7237053 8903813 29365 9366 22007 25129 701191 544060 98658 157131 36809 36809 7423892 9132248 649766 720242 6338117 7895887 6987883 8616129 X 436009 516119 0 0 0 0 436009 516119 7423892 9132248 X 0 80110 X X 0 1 X 0 0 X 159004 107319 51685 542187 436741 105446 157131 REBATES PAYABLE 7851581 CURRENT PORTION OF DEFERRED RENT 44306 7895887 X 28382674 0 28382674 0 28382674 3038309 0 3038309 25344365 25344365 28382674 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 1 0 ROY B GILLELAND PRESIDENT 452348 0 221206 0 0 0 113500 0 0 0 787054 0 0 0 WILLIAM NIX DIRECTOR OF CONTRACT MANAG 194595 0 0 0 0 0 10124 0 0 0 204719 0 0 0 PART I, LINE 7 EFFECTIVE JANUARY 15, 2015, THE ORGANIZATION IMPLEMENTED AN EXECUTIVE DEFERRED COMPENSATION PROGRAM FOR THE CHIEF EXECUTIVE OFFICER (CEO). THE INITIAL PROGRAM IS INTENDED TO SECURE THE CONTINUED SERVICES OF THE INCUMBENT CEO FOR A MINIMNUM OF FIVE YEARS, AND WILL EXTEND FOR FIVE YEARS. THE ANNUAL CONTRIBUTION TO BE MADE IS DETERMINED BY THE COMPENSATION COMMITTEE AT THE TIME OF THE CEO'S ANNUAL PERFORMANCE REVIEW BASED ON HIS PERFORMANCE IN THE ANNUAL INCENTIVE PLAN. DEFERRED COMPENSATION OF $100,000 WAS ACCRUED FOR THE 2017 TAX YEAR. OTHER EXECUTIVES MAY BE ADDED TO THE PROGRAM OVER TIME THROUGH THE APPROVAL OF THE COMPENSATION COMMITTEE. 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 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: MEMBERSHIP INTEREST REDEMPTION -53,953. MEMBER CONTRIBUTION 134,063. FORM 990, PART XII, LINE 2C THE ENTIRE BOARD OF DIRECTORS APPROVES THE AUDIT ANNUALLY. THERE IS NO SEPARATE COMMITTEE TO PERFORM THIS FUNCTION.