2017-05-04T13:47:08-05:00 2016-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2015-07-01 522220700 MEDICAL FACULTY ASSOCIATES INC MEDI 2027413351 2150 PENNSYLVANIA AVENUE NW WASHINGTON DC 20037 STEPHEN MACDONALD CFO 2027413351 2017-04-26 1 ROBERT E SCHILE P00369682 6123764500 2015 2021-01-29 14:40:06Z ROY SANTARELLA 2150 PENNSYLVANIA AVENUE NW WASHINGTON DC 20037 413420929 0 X WWW.GWDOCS.COM X 2000 DC PROVIDE PATIENT CARE, CLINICAL RESEARCH, AND TEACHING TO MEDICAL STUDENTS AND RESIDENTS OF GWU. 8 1 2751 0 105517 94598 1227117 970294 360365053 407192210 1888516 -2945157 213744 -1060202 363694430 404157145 0 0 0 0 246269332 276366520 759500 757850 757850 113993777 145918522 361022609 423042892 2671821 -18885747 219903596 172753467 149664919 148981506 70238677 23771961 X MEDICAL FACULTY ASSOCIATES HAS THREE MAIN MISSIONS: EDUCATION, TO TEACH THE MEDICAL STUDENTS AND TRAIN RESIDENTS OF THE GEORGE WASHINGTON UNIVERSITY; RESEARCH, TO CONDUCT MEDICAL RESEARCH ON BEHALF OF THE GEORGE WASHINGTON UNIVERSITY (GWU); AND FINALLY, TO PROVIDE MEDICAL CARE TO THE RESIDENTS OF THE GREATER WASHINGTON DC METRO AREA. 0 0 343376145 0 386754069 HEALTH CARE PROGRAMS, GENERAL/OTHER: MEDICAL FACULTY ASSOCIATES, INC. (THE "COMPANY") IS A 501(C) (3) CORPORATION THAT WAS CREATED ON FEBRUARY 17, 2000. BUSINESS OPERATIONS BEGAN JULY 1, 2000, WHEN THE TRANSFER AND CONTRIBUTION AGREEMENT (THE "AGREEMENT") BETWEEN THE GEORGE WASHINGTON UNIVERSITY (THE "UNIVERSITY") AND THE COMPANY BECAME EFFECTIVE. PREVIOUSLY, THE COMPANY WAS AN UNICORPORATED DIVISION OF THE UNIVERSITY (THE MFA CLINICAL SERVICES BUSINESS), AND THIS AGREEMENT ESTABLISHED THE COMPANY AS A SEPARATELY INCORPORATED BUSINESS ENTITY. THE COMPANY WAS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY, A CONGRESSIONALLY CHARTERED EDUCATIONAL INSTITUTION OF HIGHER EDUCATION IN THE DISTRICT OF COLUMBIA, INCLUDING ITS SCHOOL OF MEDICINE AND HEALTH SCIENCES, AN INCORPORATED DIVISION OF THE UNIVERSITY (THE "SCHOOL OF MEDICINE"), AND IN FURTHERANCE HEREOF THE COMPANY SHALL: PROVIDE PROFESSIONAL PHYSICIAN SERVICES AND RELATED HEALTH CARE SERVICES, INCLUDING DIAGNOSTIC AND THERAPEUTIC PROCEDURES AND SERVICES, TO PATIENTS IN THE GREATER WASHINGTON, DC COMMUNITY AND OTHER AREAS, INCLUDING THOSE UNABLE TO PAY FOR SUCH CARE; EMPLOY PHYSICIANS DULY LICENSED TO PRACTICE MEDICINE WHO HOLD A FACULTY APPOINTMENT AT THE UNIVERSITY, AND OTHER QUALIFIED PERSONNEL AND MAKE THE SERVICE OF SUCH PERSONNEL AVAILABLE TO INDIGENT AND OTHER PERSONS REQUIRING SUCH CARE; AND PERFORM THE OTHER NECESSARY OR APPROPRIATE FUNCTIONS AND SERVICES IN CONNECTION WITH THE ABOVE PURPOSES. IN SATISFACTION OF OUR EXEMPT PURPOSE, MFA CONDUCTED 1,040,760 OUTPATIENT VISITS, WROTE OFF $74 MILLION IN CHARGES FOR THE NEEDY, AND CONDUCTS NUMEROUS COMMUNITY OUTREACH PROGRAMS TO INCLUDE HIV CLINICS, PROSTATE CANCER SCREENINGS, BREAST CARE CENTER, AND A MAMMOVAN. 4876073 0 5605955 MEDICAL RESEARCH, GENERAL/OTHER: PROVIDE CERTAIN CLINICAL RESEARCH AND ADMINISTRATIVE SERVICES TO THE UNIVERSITY; FURTHER THE ADVANCEMENT OF MEDICAL KNOWLEDGE THROUGH BASIC AND APPLIED RESEARCH IN MEDICINE, LECTURES, CONSULTING, PUBLISHING INFORMATION AND TEACHING, PARTICULARLY REGARDING MEDICAL AND HEALTH CARE ISSUES PREVALENT IN URBAN COMMUNITIES. MFA'S FACULTY DOES THE MAJORITY OF THE MEDICAL RESEARCH AT THE GEORGE WASHINGTON UNIVERSITY MEDICAL SCHOOL DURING THE FISCAL YEAR ENDING JUNE 30, 2016, MFA PERFORMED 161 STUDIES. 12957126 0 13725170 PROFESSIONAL EDUCATION: PROVIDE CERTAIN CLINICAL, TEACHING AND ADMINISTRATIVE SERVICES TO THE UNIVERSITY; UNDERTAKE TEACHING THE DIAGNOSIS AND TREATMENT OF MEDICAL CONDITIONS TO MEDICAL STUDENTS, INTERNS, RESIDENTS, FELLOWS AND OTHER PROFESSIONALS IN CONNECTION WITH THE UNIVERSITY. MFA'S FACULTY DOES THE MAJORITY OF THE TEACHING AND RESEARCH AT THE GEORGE WASHINGTON UNIVERSITY MEDICAL SCHOOL DURING THE FISCAL YEAR ENDING JUNE 30, 2016, MFA PROVIDED PROFESSIONAL EDUCATION TO 457 MEDICAL RESIDENTS AND 720 STUDENTS. 361209344 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 335 0 2751 1 1 1 1 CJ 0 0 0 0 0 0 0 0 X 8 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X STEPHEN MACDONALD 2027413351 2150 PENNSYLVANIA AVENUE NW WASHINGTON DC 20037 SIDAWY ANTON N PRESIDENT/CHAIRMAN, DEPT OF SURGERY 40.00 0.00 X X 796801 0 13082 WASSERMAN ALAN G PAST PRESIDENT/CHAIRMAN, DEPT OF MEDICINE 40.00 0.00 X X 1032252 0 17147 SANTARELLA ROY INTERIM CEO/TREASURER 40.00 0.00 X X 164656 0 0 BADGER STEPHEN L CEO/TREASURER (THRU OCT 2015) 40.00 0.00 X X 1018006 0 21734 GABA NANCY CHAIRMAN, OBGYN/SECRETARY 40.00 0.00 X X 536369 0 20022 AKMAN JEFFREY DEAN SCHOOL OF MEDICINE 40.00 0.00 X 0 0 0 NORWALK LESLIE TRUSTEE (THRU OCT 2015) 0.50 0.00 X 30000 0 0 PHELPS EDWIN TRUSTEE (THRU OCT 2015) 0.50 0.00 X 20000 0 0 PITT HARVEY TRUSTEE (THRU OCT 2015) 0.50 0.00 X 30000 0 0 REID MORRIS TRUSTEE 0.50 0.00 X 20000 0 0 SIGAL GERALD TRUSTEE 0.50 0.00 X 20000 0 0 WATTERS BLAIR TRUSTEE (THRU OCT 2015) 0.50 0.00 X 20000 0 0 ZEMAN ROBERT K CHAIRMAN, DEPT OF RADIOLOGY 40.00 0.00 X 591136 0 20547 MARTER KENNETH CHIEF FINANCIAL OFFICER 40.00 0.00 X 233760 0 12830 MCCLAIN PAMELA B CHIEF OPERATIONS OFFICER 40.00 0.00 X 257950 0 10325 MCGOVERN WILLIAM T CHIEF MARKETING & BUSINESS DEVELOPMENT OFFICER 40.00 0.00 X 231259 0 17314 RAO RAJKUMAR D CHAIRMAN, ORTHOPAEDIC SURGERY 40.00 0.00 X 276516 0 8385 SHESSER ROBERT CHAIRMAN, DEPT OF EMERGENCY MEDICINCE 40.00 0.00 X 583237 0 20280 TOTEJA PRAVEEN K CHIEF INFORMATION OFFICER 40.00 0.00 X 535995 0 16534 WHITMORE RODNEY W CHIEF HUMAN RESOURCES OFFICER 40.00 0.00 X 282420 0 16758 CAPUTY ANTHONY J CHAIRMAN, DEPT OF NEUROSURGERY 40.00 0.00 X 813606 0 20988 O'BRIEN JOSEPH R PHYSICIAN 40.00 0.00 X 907078 0 19500 OLDING MICHAEL J PHYSICIAN 40.00 0.00 X 717716 0 14255 SINGH AMEET PHYSICIAN 40.00 0.00 X 751550 0 12360 YU WARREN D PHYSICIAN 40.00 0.00 X 1615340 0 17243 11485647 0 279304 682 0 1 0 SIBLEY MEDICAL ASSOCIATION 5255 LOUGHBORD ROAD NW WASHINGTON DC 20026 PHYSICIAN SERVICES 6500871 UROLOGIC SURGEONS OF WASHINGTON 1147 20TH ST NW WASHINGTON DC 20036 PHYSICIAN SERVICES 2595766 CREATIVE INFORMATION TECHNOLOGY INC 7799 LEESBURG PIKE FALLS CHURCH VA 22043 IT SERVICES 2174056 CLEARPATH SOLUTIONS GROUP 2465 CENTERVILLE ROAD HERNDON VA 20171 IT/TELECOMMUNICATION SERVICES 2002589 KAUFMAN LISA C & GRENLEE ALLEN MDPC 1850 M STREET NW WASHINGTON DC 20026 PHYSICIAN SERVICES 1638787 59 320493 649801 970294 PATIENT CARE 621110 387861085 387861085 MEDICAL EDUCATION 611310 13725170 13725170 MEDICAL RESEARCH 541700 5605955 5605955 407192210 1485010 1485010 3750620 4726395 -975775 -975775 -1107016 105517 25724 4430167 -4430167 -4430167 -4430167 22795 320493 107222 -84427 -84427 404157145 406085194 105517 -3003860 6775898 3358189 3417709 237664494 217553082 20111412 7671686 6912178 759508 10640934 9587466 1053468 13613508 12265751 1347757 4155139 95687 4059452 958346 958346 757850 757850 38790 38790 27920056 17779180 10140876 1131386 905509 225877 5483819 3823757 1660062 5763543 525370 5238173 19812889 15753975 4058914 1931584 1486491 445093 397534 335212 62322 947003 310791 636212 5055306 5055306 7496573 5131411 2365162 -1747616 -2226186 478570 PATIENT CARE SUPPLIES 37582068 37582068 BAD DEBT EXPENSE 21009466 21009466 IMPAIRMENT LOSS 2359885 2359885 OTHER 1521238 1370633 150605 4101513 2594008 1507505 423042892 361209344 61075698 757850 -207449 -873905 473492 508813 43617145 62364765 687357 789645 5140357 4761430 134202999 53688144 82952389 80514855 80479501 19595532 2359885 0 4400919 5092332 219903596 172753467 33012705 56045070 610475 8171989 39434442 37138495 76607297 47625952 149664919 148981506 X 68856159 22755667 1382518 1016294 70238677 23771961 219903596 172753467 -18885747 -85948 -27495021 0 X 0 1 X 1 0 X 471311 844747 504815 1227117 970294 4018284 309901601 325525656 333020612 360365053 407192210 1736005132 22795 22795 310372912 326370403 333525427 361592170 408185299 1740046211 0 0 0 1740046211 2001151 2039687 3840132 1888516 4782943 14552429 4206362 4283142 4447105 2473813 105517 15515939 6207513 6322829 8287237 4362329 4888460 30068368 1004786 810379 943979 456249 3215393 317585211 333503611 342756643 366410748 413073759 1773329972 0.98120 0.97900 0.01700 0.01870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15640900 15640900 43313142 7207555 36105587 42037759 21812778 20224981 33211198 24667811 8543387 80514855 DEFERRED RENT 3047121 RESERVE FOR INSURANCE 11568663 LINE OF CREDIT 14767430 457(B) PLAN LIABILITIES 3728782 CAPITAL LEASE OBLIGATION 4113659 SUBORDINATED LOAN 10000000 DUE TO RELATED PARTIES 400297 47625952 X 392777686 -20589698 -20589698 413367384 -9210239 -9210239 404157145 411297210 9263784 9263784 402033426 21009466 21009466 423042892 PART X, LINE 2: THE COMPANY HAS ADOPTED FASB INTERPRETATION ACCOUNTING FOR UNCERTAINTY IN INCOME TAX EFFECTIVE JULY 1, 2009. THIS INTERPRETATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE INTERPRETATION ALSO PROVIDES GUIDANCE ON RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE COMPANY HAS NO UNCERTAIN TAX POSITION AT JUNE 30, 2016 AND 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE -21,009,466. TEMPORARILY RESTRICTED NET ASSETS RELEASED 419,768. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN/LOSS ON ASSET DISPOSITION -4,430,167. RENT EXPENSE NETTED AGAINST REVENUE -4,726,395. TEMPORARILY RESTRICTED CONTRIBUTIONS 53,545. SPECIAL EVENT EXPENSES -107,222. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE NETTED AGAINST REVENUE 4,726,395. GAIN/LOSS ON ASSET DISPOSITION 4,430,167. SPECIAL EVENT EXPENSES 107,222. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 21,009,466. 0 MIDDLE EAST AND NORTH AFRICA 0 76 PROGRAM SERVICES TWO GOVERNMENT CONTRACTS (SUBCONTRACTOR) IN QATAR STAFFED & MANAGED THE US ARMY TROOP MEDICAL CLINIC. IN KUWAIT, MFA RAN THE EMS SYSTEM ON THE US MILITARY BASES THERE; ALSO PROVIDED TRAINING AS PART OF THE CONTRACT. THERE WERE ALSO A FEW EMED FACULTY MEMBERS WHO SUPPORTED PROGRAMS IN EGYPT THROUGH THE SCHOOL OF PUBLIC HEALTH AT GWU (GLOBAL HEALTH SERVICE PARTNERSHIP). 9647755 0 76 0 0 0 76 9647755 0 9647755 1 0 1 0 0 0 PART I, LINE 2: MFA DOES NOT PROVIDE ANY GRANTS TO FOREIGN ORGANIZATIONS OR INDIVIDUALS. X X X X 1 THE GEORGE WASHINGTON UNIVERSITY SCHOOL OF MEDICINE AND HEALTH SCIENCE 2300 EYE STREET NW SUITE 713 WASHINGTON DC 20037 GRATEFUL PATIENT FUNDRAISING PROGRAM;DISCOVERY FUNDS 0 997719 750000 247719 997719 750000 247719 BLUSH LUNCH 343288 320493 22795 134 19789 48679 8988 29632 343288 320493 22795 134 19789 48679 8988 29632 107222 -84427 X X X X 0 0 0 0 0 0 0 0 0 SIDAWY ANTON N PRESIDENT/CHAIRMAN, DEPT OF SURGERY 785000 0 0 0 11801 0 10600 0 2482 0 809883 0 0 0 WASSERMAN ALAN G PAST PRESIDENT/CHAIRMAN, DEPT OF MED 828750 0 176009 0 27493 0 10600 0 6547 0 1049399 0 0 0 SANTARELLA ROY INTERIM CEO/TREASURER 164656 0 0 0 0 0 0 0 0 0 164656 0 0 0 BADGER STEPHEN L CEO/TREASURER (THRU OCT 2015) 828750 0 175000 0 14256 0 10600 0 11134 0 1039740 0 0 0 GABA NANCY CHAIRMAN, OBGYN/SECRETARY 532500 0 1636 0 2233 0 10600 0 9422 0 556391 0 0 0 ZEMAN ROBERT K CHAIRMAN, DEPT OF RADIOLOGY 527000 0 55994 0 8142 0 10618 0 9929 0 611683 0 0 0 MARTER KENNETH CHIEF FINANCIAL OFFICER 217780 0 15000 0 980 0 9311 0 3519 0 246590 0 0 0 MCCLAIN PAMELA B CHIEF OPERATIONS OFFICER 241225 0 15000 0 1725 0 10249 0 76 0 268275 0 0 0 MCGOVERN WILLIAM T CHIEF MARKETING & BUSINESS DEVELOPME 215898 0 15000 0 361 0 9236 0 8078 0 248573 0 0 0 RAO RAJKUMAR D CHAIRMAN, ORTHOPAEDIC SURGERY 275000 0 0 0 1516 0 5500 0 2885 0 284901 0 0 0 SHESSER ROBERT CHAIRMAN, DEPT OF EMERGENCY MEDICINC 490558 0 77835 0 14844 0 10600 0 9680 0 603517 0 0 0 TOTEJA PRAVEEN K CHIEF INFORMATION OFFICER 459602 0 75000 0 1393 0 11823 0 4711 0 552529 0 0 0 WHITMORE RODNEY W CHIEF HUMAN RESOURCES OFFICER 256130 0 25000 0 1290 0 8755 0 8003 0 299178 0 0 0 CAPUTY ANTHONY J CHAIRMAN, DEPT OF NEUROSURGERY 800000 0 3136 0 10470 0 10600 0 10388 0 834594 0 0 0 O'BRIEN JOSEPH R PHYSICIAN 605000 0 299935 0 2143 0 10600 0 8900 0 926578 0 0 0 OLDING MICHAEL J PHYSICIAN 525000 0 192716 0 0 0 10600 0 3655 0 731971 0 0 0 SINGH AMEET PHYSICIAN 312500 0 437818 0 1232 0 10600 0 1760 0 763910 0 0 0 YU WARREN D PHYSICIAN 1350000 0 261830 0 3510 0 10600 0 6643 0 1632583 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THERE MAY BE AN EXECUTIVE COMMITTEE CONSISTING ENTIRELY OF TRUSTEES THAT SHALL EXERCISE ALL THE POWERS OF THE BOARD OF TRUSTEES PERMITTED UNDER APPLICABLE LAW DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE SHALL REPORT ON ITS ACTIONS TO THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES SHALL HAVE THE POWER TO RESCIND ANY VOTE OR RESOLUTION OF THE EXECUTIVE COMMITTEE, BUT NO SUCH RECESSION SHALL HAVE RETROAVTICE EFFECT. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PREPARED BY AN EXTERNAL, INDEPENDENT, PROFESSIONAL SERVICES FIRM WITH THE ASSISTANCE BY MFA'S FINANCE TEAM. ONCE THE FORM 990 WAS COMPLETED, IT WAS SHARED ELECTRONICALLY WITH THE BOARD MEMBERS AND DISCUSSED AT A REGULARLY SCHEDULED BOARD MEETING PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD OF TRUSTEES ANNUALLY. EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS ANNUALLY. THE COMPLIANCE DEPARTMENT REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE THE POLICY BY: REQUIRING THE ANNUAL DISCLOSURE; REVIEWING ALL POTENTIAL CONFLICTS; AND PUTTING IN PLACE APPROPRIATE MEASURES TO MANAGE POTENTIAL CONFLICTS. MFA EMPLOYEES ARE REQUIRED TO REPORT TO THE COMPLIANCE OFFICER ANY ACTUAL OR POTENTIAL CONFLICTS OF INTERST THAT ARISE IN CONNECTION WITH THEIR EMPLOYMENT IMMEDIATELY UPON BEING AWARE OF SAME, INCLUDING, BUT NOT LIMTED TO, ANY OFFERS OR INCENTIVE PAYMENT OR FREE ITEMS OR SERVICES OFFERED BY SUPPLIERS OR VENDORS, AND OUTSIDE ENTITIES IN WHICH THE MFA EMPLOYEE OR HIS/HER IMMEDIATE FAMILY MEMBER HAS A FINANCIAL OR COMPENSATION INTEREST. THE INDIVIDUAL MUST DISCLOSE ALL MATERIAL FACTS REGARDING THE POTENTIAL CONFLICT AND RESPOND TO ANY INQUIRIES OF THE COMPLIANCE OFFICER. FOR ACTUAL OR POTENTIAL CONFLICTS OF FACULTY AND STAFF, THE COMPLIANCE OFFICER IN COLLABORATION WITH THE DEPARTMENT CHAIR WILL REVIEW THE DISCLOSURE RECORD AND DETERMINE WHETER A CONFLICT EXISTS. FOR CHAIRS AND SENIOR MANAGEMENT, THE COMPLIANCE OFFICER, IN COLLABORATION WITH THE MFA'S PRESIDENT, CEO AND GENERAL COUNSEL WILL REVIEW THE DISCLOSURE RECORD AND DETERMINE WHETHER A CONFLICT EXISTS. FOR THE COMPLIANCE OFFICER AND GENERAL COUNSEL, THE MFA'S PRESIDENT AND CEO WILL REVIEW THE DISLOSURE RECORD AND DETERMINE WHETHER A CONFLICT EXISTS. FOR THE MFA'S PRESIDENT AND CEO, OUTSIDE COUNSEL WILL BE CONSULTED, THE DISCLOSURE RECORD WILL BE REVIEWED AND DETERMINATION WILL BE MADE BY THE CHAIR OF MFA'S AUDIT COMMITTEE WHETHER A CONFLICT EXISTS. IF A CONFLICT IS FOUND TO EXISTST IN AN OUTSIDE INTEREST OR THE OUTSIDE INTEREST IS FOUND TO GIVE THE APPEARANCE OF A CONFLICT FOR FACULTY AND STAFF, THE CHAIR MAY PROHIBIT THE CONFLICT AND OUTSIDE INTEREST OR RECOMMEND TO THE MFA'S PRESIDENT AND CEO CONDITIONS OR RESTRICTIONS TO MANAGE THE CONFLICT. THE MFA'S PRESIDENT AND CEO SHALL DECIDE IN THEIR SOLE DISCRETION WHETHER TO ACCEPT SUCH RESTRICTIONS OR CONDITIONS, IMPLEMENT OTHERS, OR PROHIBIT THE CONFLICT OR OUTSIDE INTEREST. INTENTIONAL VIOLATION OF THE POLICY MAY BE SUBJECT TO DISCIPLINARY ACTION, UP TO AND AND INCLUDING TERMINATION FORM 990, PART VI, SECTION B, LINE 15 THE CHAIR OF THE BOARD OF TRUSTEES HAS WORKED WITH THE CEO SEARCH COMMITTEE AND THE GENERAL COUNSEL TO PREPARE THE COMPENSATION PACKAGE FOR THE NEXT CEO. FOR CHIEF-LEVEL POSITIONS, THE CHIEF HUMAN RESOURCES OFFICER (CHRO) WORKED WITH THE DIRECTOR, TOTAL REWARDS, TO IDENTIFY TOTAL CASH COMPENSATION RANGES FOR COMPARABLE ROLES WITHIN THE METRO DC AREA. THESE RANGES WERE PRESENTED TO INTERIM CEO AND TO THE CHAIR OF THE BOARD OF TRUSTEES FOR APPROVAL BEFORE SALARY ADJUSTMENTS WERE MADE FOR INCUMBENTS AND BEFORE OFFERS WERE EXTENDED TO PROSPECTIVE EXECUTIVES. FOR THE GENERAL COUNSEL POSITION - FOLLOWING THE REVIEW OF THE COMPENSATION RANGES PRESENTED BY THE CHRO, THE INTERIM CEO AND CHAIR OF THE BOARD SOLICITED AND RECEIVED SUPPORT FOR THE COMPENSATION PACKAGE OFFERED TO THE NEW GENERAL COUNSEL. FOR THE CHIEF FINANCIAL OFFICER POSITION - FOLLOWING THE REVIEW OF THE COMPENSATION RANGES PRESENTED BY THE CHRO, THE INTERIM CEO AND CHAIR OF THE BOARD WILL SOLICIT WRITTEN CONSENT FROM GWU AND UHS PRIOR TO EXTENDING AN OFFER TO THE CFO. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS CAN BE MADE IN WRITING VIA REGULAR MAIL OR EMAIL. 2300 M STREET LEASING LLC 2150 PENNSYLVANIA AVENUE NW SUITE 1 WASHINGTON DC 20037 273552342 RENTAL/LEASING ACTIVITIES DE 3750620 44187870 MEDICAL FACULTY ASSOCIATES INC ADVENTIST - MEDICAL FACULTY ASSOCIATES LLC 8807 COLESVILLE ROAD SUITE 300 SILVER SPRING MD 20910 TO PROVIDE PROFESSIONAL PHYSICIAN SERVICES TO PATIENTS IN THE MD/DC AREA MD 32567575 15121703 MEDICAL FACULTY ASSOCIATES INC MFA PHYSICIANS INSURANCE COMPANY LTD PO BOX 1363 GRAND CAYMAN KY1- CJ TO PROVIDE CLAIMS-MADE INSURANCE COVERAGE TO MFA AND ITS PHYSICIANS CJ MEDICAL FACULTY ASSOCIATES INC C 18144626 50457286 1.00000 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 MFA PHYSICIANS INSURANCE COMPANY LTD F 20000000 ACTUARY ANALYSIS MFA PHYSICIANS INSURANCE COMPANY LTD M 17152690 ACTUARY ANALYSIS