2016-11-14T16:12:50-06:00 2015-12-31 560747981 DIXON HUGHES GOODMAN LLP PO BOX 973 CHARLESTON SC 29402 990 2015-01-01 570288358 MEDICAL SOCIETY OF SOUTH CAROLINA MEDI 8437891798 69B BARRE ST CHARLESTON SC 29401 JOHN HOLLOWAY JR CHIEF EXECUTIVE OFFICER 8437891798 2016-11-11 1 P DAVID BOTZIS P00137301 8437226443 2016-11-11 2015 2017-02-10 21:41:12Z JOHN HOLLOWAY JR 69B BARRE ST CHARLESTON SC 29401 66589649 0 X WWW.MEDSOCIETYSC.COM X 1789 SC TO IMPROVE THE HEALTH OF OUR COMMUNITY THROUGH CLINICAL EXCELLENCE. 14 4 2 0 0 0 26572 22750 0 0 3054229 7688262 2486483 2959604 5567284 10670616 7030169 3897534 0 0 808711 554719 0 0 0 2635990 4089546 10474870 8541799 -4907586 2128817 450110236 457760057 48856115 59925534 401254121 397834523 X THE MEDICAL SOCIETY OF SOUTH CAROLINA IS AN ORGANIZATION OF PHYSICIANS DEDICATED TO IMPROVING THE HEALTH OF OUR COMMUNITY THROUGH CLINICAL EXCELLENCE, SUPPORT AND PARTICIPATION IN ROPER SAINT FRANCIS HEALTH CARE AND OTHER ENDEAVORS, WITH GOOD STEWARDSHIP OF THE SOCIETY'S FINANCIAL AND HUMAN RESOURCES, WHILE ADHERING TO THE HIGHEST ETHICAL STANDARDS AS EXEMPLIFIED BY THE HIPPOCRATIC TRADITION. 0 0 7123107 3897534 0 INCOME IS DESIGNATED FOR THE CONTINUING SUPPORT OF THE CAREALLIANCE HEALTH SERVICE'S MISSION IN THE COMMUNITY. THE MEDICAL SOCIETY OF SC PARTICIPATES IN GRANT MAKING PROGRAMS IN THE COMMUNITY IN COORDINATION WITH THE HOSPITAL SYSTEM WHICH PROVIDE FUNDING TO BE USED TOWARDS EDUCATION IN THE MEDICAL FIELD. IN ADDITION, THE MEDICAL SOCIETY PROVIDES FUNDING FOR UPGRADES AND IMPROVEMENTS TO THE HOSPITAL SYSTEM.LASTLY, THE MEDICAL SOCIETY PROCURES AND CONSTRUCTS PROPERTIES WHICH ARE UTILIZED BY THE HOSPITAL SYSTEM TO FURTHER ITS MISSION TO HEAL ALL PEOPLE WITH COMPASSION, FAITH, AND EXCELLENCE 7123107 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 2 1 0 1 OC CJ 0 0 0 0 0 0 0 0 X 14 4 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X DEBRA LEE 8437891798 69 B BARRE STREET CHARLESTON SC 29401 STANLEY M WILSON MD IMMEDIATE PAST PRESIDENT 1.00 X 0 644697 50423 JOHN SPRATT MD PRESIDENT 1.00 X X 0 826947 62752 WILLIAM C CARTER III MD VICE PRESIDENT 1.00 X X 0 20843 0 J RICK MCEVOY MD SECRETARY/TREASURER 1.00 X X 0 800 0 BRIAN G CUDDY MD DIRECTOR 1.00 X 0 1162553 58152 JOHN CORLESS MD DIRECTOR 1.00 X 0 0 0 NORWOOD B HAMILTON MD DIRECTOR 1.00 X 0 0 0 C WILLY SCHWENZFEIER MD DIRECTOR 1.00 X 0 19500 0 SUSAN DATTA DIRECTOR 1.00 X 0 292132 58020 IAN Y MARSHALL MD DIRECTOR 1.00 X 0 22495 0 HUGH D DURRENCE MD DIRECTOR 1.00 X 0 0 0 WILLS C GEILS MD DIRECTOR 1.00 X 0 32592 0 MARY THORNLEY EDD DIRECTOR 1.00 X 0 0 0 GENE SAYLORS MD DIRECTOR 1.00 X 0 700 0 JOHN B HOLLOWAY JR CHIEF EXECUTIVE OFFICER 40.00 X 326920 0 32128 326920 3023259 261475 1 0 1 0 0 22750 22750 1421112 1421112 2959604 0 2959604 2959604 2959604 48176625 14009558 46765594 9153439 1411031 4856119 6267150 6267150 10670616 0 0 10647866 3867534 3867534 30000 30000 359048 287238 71810 37819 37819 140414 101627 38787 17438 12621 4817 78573 78573 109369 109369 1005329 1005329 163471 91283 72188 58703 58703 19409 19409 339377 339377 494 494 145419 145419 1133429 1133429 1035973 1035973 8541799 7123107 1418692 0 38801137 24368651 62148488 4779632 40804183 57368856 138492332 148704870 227757620 227317680 4254964 0 450110236 457760057 3678993 9000000 0 39241410 56246541 614705 0 48856115 59925534 X 401254121 397834523 401254121 397834523 450110236 457760057 X 2128817 -12669180 7120765 X X 0 1 X 1 0 X X 4 ROPER HOSPITAL 570828733 3 1 0 2398089 CAREALLIANCE HEALTH SERVICES 570831165 3 1 0 0 BON SECOURS- ST FRANCIS HOSPITAL 571067254 3 1 0 0 ROPER ST FRANCIS MT PLEASANT HOSPITAL 570360499 3 1 0 0 4 0 2398089 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION E, LINE 2A MSSC PROVIDES SUPPORT TO THE ROPER ST.FRANCIS HEALTHCARE SYSTEM, CONSISTING OF CAREALLIANCE HEALTH SERVICES, ROPER HOSPITAL, INC., BON SECOURS ST.FRANCIS HOSPITAL, ROPER ST.FRANCIS MT.PLEASANT HOSPITAL, ROPER ST.FRANCIS HOSPITAL BERKELEY, ROPER ST.FRANCIS FOUNDATION, AND ROPER ST.FRANCIS PHYSISCIANS NETWORK. THE MISSION OF EACH ORGANIZATION, EXCLUDING THE FOUNDATION, IS TO HEAL ALL PEOPLE WITH COMPASSION, FAITH, AND EXCELLENCE. THE FOUNDATION'S MISSION IS TO ADVANCE THE AFOREMENTIONED MISSION THROUGH PHILANTHROPY. UPON THE CREATION OF CAREALLIANCE HEALTH SERVICES, $15,000,000 WAS TRANSFERED FROM ROPER CAREALLIANCE AND ROPER HOSPITAL TO MSSC. MSSC SEGREGATED THESE FUNDS INTO MULTIPLE ACCOUNTS DESIGNATED AS THE ENDOWMENT FUND. THESE FUNDS WERE TO BE INVESTED AND USED FOR THE SUPPORT OF THE ROPER ST.FRANCIS HEALTHCARE GROUP. AT THE END OF 2015, MSSC HAD MADE VARIOUS CONDITIONAL PROMISES TO PROVIDE FUNDING TOWARDS ROPER ST.FRANCIS CAPITAL PROJECTS TOTALING $7,058,074, OF WHICH $1,401,402 WAS PAID DURING THE YEAR. IN ADDITION, $7,392,647 HAS BEEN PLEDGED TOWARDS ELECTRONICS HEALTH RECORDS PROJECTS. ADDITIONALLY, MSSC PROVIDED GRANTS TOTALING $200,000 TO THE ROPER ST.FRANCIS FOUNDATION. SAID FUNDS WERE TO BE USED TO ASSIST WITH SALARY AND OPERATIONAL SUPPORT FOR TWO FULL-TIME EMPLOYEES, WHICH WILL ALLOW CLINICAL BIOTECHNOLOGY RESEARCH INSTITUTE OF ROPER HOSPITAL TO "RAMP UP" SUBSTANTIALLY IN THE NEAR TERM AND BECOME SELF-SUSTAINING AT AN ADVANCED RATE, AS WELL AS TO SUPPORT HEARTSAVE AND NEW AED UNITS IN SCHOOLS, CHURCHES, STADIUMS AND OTHER PUBLIC PLACE ACROSS BERKELEY, CHARLESTON AND DORCHESTER COUNTIES. PART IV, SECTION E, LINE 2B ALL ACTIVITIES LISTED ABOVE ARE ALL ACTIVITIES WHICH ULTIMATELY FURTHER THE MISSION OF EACH ORGANIZATION UNDER THE ROPER ST.FRANCIS HEALTHCARE SYSTEM. THE MEDICAL SOCIETY HOLDS TITLE TO SEVERAL EXEMPT USE PROPERTIES USED BY THE ROPER HOSPITAL GROUP INCLUDING A DATA CENTER AND A MEDICAL OFFICE BUILDING. THE ROPER GROUP ULTILIZED THE BALANCE SHEET OF THE MEDICAL SOCIETY TO PROCURE AND CONSTRUCT THESE EXEMPT USE PROPERTIES. ADDITIONALLY, THE MEDICAL SOCIETY OFFERS BELOW MARKET RENT ON THE DATA CENTER AND THE MEDICAL OFFICE BUILDING AT $15 PER SQUARE FOOT VERSUS THE AVERAGE MARKET RATE OF $23. PART IV, SECTION D, LINE 3 THE BOARD OF DIRECTORS FOR EACH OF THE SUPPORTED ORGANIZATIONS WITHIN THE VERTICALLY INTEGRATED NOT-FOR-PROFIT HEALTH CARE SYSTEM, HEREIN REFERED TO AS ROPER ST.FRANCIS CONSISTS OF 13 TOTAL MEMBERS EACH. 6 OF THE MEMBERS ON EACH BOARD ARE APPOINTED BY THE MEDICAL SOCIETY OF SOUTH CAROLINA AND ALSO SERVE ON THE BOARD OF THE MEDICAL SOCIETY ITSELF. DUE TO THE INTEGRATION OF THE MEDICAL SOCIETY BOARD MEMBERS WITHIN EACH OF THE SUPPORTED ORGANIZATIONS BOARDS, THERE IS A HIGH LEVEL OF COMMUNICATION WHICH OFFERS INSIGHT INTO THE NEEDS OF ALL SUPPORTED ORGANIZATIONS. THE MEDICAL SOCIETY IS THEN ABLE TO MEET THESE NEEDS. 3288691 3288691 29987376 4312501 25674875 2689771 449302 2240469 91649 17829 73820 26091001 26091001 57368856 CONTRIBUTION RECEIVABLE FROM AFFILIATE 7400000 C INVESTMENTS IN AFFILIATES 219917680 C 227317680 X 4116872 -12669180 7120765 -5548415 9665287 1005329 1005329 10670616 7536470 0 7536470 1005329 1005329 8541799 PART X, LINE 2: ALTHOUGH MSSC IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES, IT EVALUATES WHETHER THERE ARE ANY UNCERTAIN TAX POSITIONS THAT FAIL TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD FOR RECOGNITION IN THE FINANCIAL STATEMENTS. UNCERTAIN TAX POSITIONS MAY INCLUDE THE CHARACTERIZATION OF INCOME, SUCH AS A CHARACTERIZATION OF INCOME AS PASSIVE, A DECISION TO EXCLUDE REPORTING TAXABLE INCOME IN A TAX RETURN, OR A DECISION TO CLASSIFY A TRANSACTION, ENTITY, OR OTHER POSITION IN A TAX RETURN AS TAX EXEMPT. THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION IS RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. MSSC HAD NO UNRECOGNIZED TAX POSITIONS AS OF DECEMBER 31, 2015 AND 2014, AND DOES NOT EXPECT THAT UNRECOGNIZED TAX BENEFITS WILL MATERIALLY INCREASE WITHIN THE NEXT 12 MONTHS. TAX YEARS FROM 2012 THROUGH 2014 ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES. THERE ARE NO INCOME TAX EXAMINATIONS CURRENTLY IN PROCESS. INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, WOULD BE RECOGNIZED IN THE FINANCIAL STATEMENTS AS INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 160,705. SHARE OF EARNING OF AFFILIATE 6,960,060. 1 BARRIER ISLANDS FREE MEDICAL CLINIC 3226 MAYBANK HIGHWAY JOHNS ISLAND SC 29455 205628911 501(C)(3) 85000 GENERAL OPERATING SUPPORT TO IMPROVE EFFICIENCIES AND OPERATIONS WITHIN THE CLINIC ROPER ST FRANCIS HEALTHCARE FOUNDATION 315 CALHOUN ST 107 CHARLESTON SC 29401 571068509 501(C)(3) 200000 TO ASSIST WITH SALARY AND OPERATIONAL SUPPORT FOR TWO FULL-TIME EMPLOYEES, WHO WILL ALLOW CLINICAL BIOTECHNOLOGY RESEARCH INSTITUTE OF ROPER HOSPITAL TO "RAMP UP" SUBSTANTIALLY IN THE NEAR TERM AND BECOME SELF-SUSTAINING AT AN ADVANCED RATE, AS WELL AS TO SUPPORT HEARTSAVE AND NEW AED UNITS IN SCHOOLS, CHURCHES, STADIUMS AND OTHER PUBLIC PLACE ACROSS BERKELEY, CHARLESTON AND DORCHESTER COUNTIES. ITN CHARLESTON TRIDENT TRANSPORT NETWORK 2150 EAGLE DRIVE BUILDING 100 NORTH CHARLESTON SC 29406 202311192 501(C)(3) 10000 TO SUPPORT TRANSPORTATION SERVICES FOR CLIENTS IN CHARLESTON COUNTY THE ARK-ST LUKE'S LUTHERAN CHURCH 206 CENTRAL AVENUE SUMMERVILLE SC 29483 576034244 501(C)(3) 16900 TO PROVIDE RESPITE CARE, SUPPORT GROUPS, EDUCATION, CAREGIVER CONSULTATIONS, RESOURCE REFERRALS, WORKSHOPS, AND COMMUNITY DEVELOPMENT TO FAMILIES WITH A MEMBER SUFFERING FROM ALZHEIMER'S DISEASE OR RELATED DEMENTIA. ASSOCIATION FOR THE BLIND 1 CARRIAGE LANE BUILDING A CHARLESTON SC 29407 570324912 501(C)(3) 30000 FOR THE OWN YOUR LIFE PROGRAM, WHICH WILL PROVIDE OPPORTUNITIES TO BLIND AND VISUALLY IMPAIRED INDIVIDUALS OF THE TRI-COUNTY AREA TO REACH THEIR PERSONAL AND PROFESSIONAL GOALS HEART 611 RUTLEDGE AVE APT B CHARLESTON SC 29403 471069422 501(C)(3) 5000 TO SUPPORT PROGRAMMING FOR ADULTS WITH SPECIAL NEEDS COASTAL CRISIS CHAPLAINCY PO BOX 21833 CHARLESTON SC 29414 570989842 501(C)(3) 10000 TO EMPLOY AN ADDITIONAL FULL-TIME CHAPLAIN TO ADDRESS THE PSYCHOLOGICAL AND EMOTIONAL NEEDS OF INDIVIDUALS WHO HAVE EXPERIENCED TRAUMA, WHETHER THEY ARE A FIRST RESPONDER, VICTIM OR FAMILY MEMBER. THE SURVIVOR FOLLOW UP PROGRAM ALSO ALLOWS CONTINUAL EMOTIONAL AND SPIRITUAL CARE 4-6 WEEKS AFTER A TRAUMATIC EVENT. FLORENCE CRITTENTON PROGRAMS OF SOUTH CAROLINA INC 19 SAINT MARGARET ST CHARLESTON SC 29403 570342030 501(C)(3) 20000 FOR CLINICAL SERVICES FOR PREGNANT, YOUNG WOMEN, AGES 10-21, WHO ARE IN NEED OF SUPPORTIVE HOUSING AND INTENSE SERVICES. CLOSING THE GAP IN HEALTH CARE INC 3951 WEST MONTAGUE NORTH CHARLESTON SC 29418 522450102 501(C)(3) 25000 FOR THE TV HEALTH LITERACY PROGRAM, WHICH WILL TAKE PLACE OVER 12 CONSECUTIVE MONTHS AND AIMS TO REDUCE HEALTH DISPARITIES THAT AFFECT AFRICAN AMERICANS AND UNDERSERVED INDIVIDUALS EAST COOPER MEALS ON WHEELS INC 2304 HIGHWAY 17 NORTH MOUNT PLEASANT SC 29466 570804618 501(C)(3) 34320 FOR THE IMPROVING SENIOR AND HOMEBOUND RESIDENT HEALTH PROGRAM. THIS SPECIFIC REQUEST WILL ALLOW ECMOW THE FUNDING TO SUPPORT A TRANSITION TO NEW AND EXPANDED LEVELS OF SERVICES IN 2016, INCLUDING THE CONTINUED SUPPORT OF THE 2ND MEAL PROGRAM. CHARLESTON DEVELOPMENT CORPORATION 4045 BRIDGE VIEW DRIVE NORTH CHARLESTON SC 29405 542091009 501(C)(3) 5000 FOR A COMMUNITY GIVING CAMPAIGN TITLED FY16 THERAPEUTIC ENVIRONMENTAL ENHANCEMENT PROJECT, WHICH ADDRESSES 7 CATEGORICAL NEEDS. THESE CATEGORIES RANGE FROM RECREATION AND ENTERTAINMENT ITEMS TO INFANT AND CHILDRENS NEEDS. CAMP RISE ABOVE (SUMMERHOUSE INC) 2385 CROSS TIMBERS DRIVE MT PLEASANT SC 29464 270545990 501(C)(3) 12400 FOR THE PURCHASE OF TWO GOLF CARTS TO TRANSPORT CAMPERS WITH PHYSICAL DISABILITIES THROUGHOUT THE CAMPGROUNDS. DREAM CENTER CLINIC INC 1104 OYSTER VIEW COURT MT PLEASANT SC 29466 262465766 501(C)(3) 20000 TO EXPAND DENTAL SERVICES THROUGH THE INSTITUTION OF A PERMANENT DENTAL CARE OFFICE WITHIN ITS CURRENT MEDICAL FACILITY LOGAN RUTLEDGE CHILDREN'S FOUNDATION PO BOX 2416 MT PLEASANT SC 29465 571128799 501(C)(3) 20000 TO CONTINUE PROVIDING THE LOWCOUNTRY AQUATIC PROJECT SWIMMING (LAPS) PROGRAM. FUNDING WOULD APPLY TOWARDS TRAINING OF AQUATICS INSTRUCTORS, FREE WATER SAFETY INSTRUCTION TO STUDENTS, TRANSPORTATION TO AND FROM SCHOOLS, AND ALL SWIM AIDS (SUITS, CAPS, TOWELS) 14 NURSING SCHOLARSHIP PRORGAM 30000 PART I, LINE 2: GRANTEE SHALL MAKE PERIODIC NARRATIVE REPORTS TO THE SOCIETY, ON THE DATE(S)SPECIFIED IN THE SPECIAL CONDITIONS OF THE GRANT AGREEMENT, SETTING FORTH IN SUFFICIENT DETAIL THE FUND AVAILABLE FOR THE PROJECT OR PROGRAM, ACTUAL EXPENSES INCURRED, ENCUMBRANCES, UNEXPENDED FUND BALANCE, AND OTHER RELEVANT FACTS, AND SHALL RETAIN IN ITS FILES THE SUPPORTING DOCUMENTATION FOR SUCH REPORTS FOR 4 YEARS FOLLOWING COMPLETION OF THE PROJECT OR PROGRAM. THE SOCIETY RESERVES THE RIGHT TO AUDIT OR HAVE AUDITED AT ITS OWN EXPENSE THE RECORDS OF GRANTEE INSOFAR AS SUCH RECORDS RELATED TO THE DISPOSITION OF THE FUNDS APPROPRIATED TO GRANTEE BY THE SOCIETY. X X X X X 0 0 0 0 0 0 0 1 0 STANLEY M WILSON MD IMMEDIATE PAST PRESIDENT 0 420981 0 215060 0 8656 0 31260 0 19163 0 695120 0 0 JOHN SPRATT MD PRESIDENT 0 770557 0 36600 0 19790 0 33860 0 28892 0 889699 0 0 BRIAN G CUDDY MD DIRECTOR 0 953365 0 196697 0 12491 0 31260 0 26892 0 1220705 0 0 SUSAN DATTA DIRECTOR 0 277065 0 9500 0 5567 0 31146 0 26874 0 350152 0 0 JOHN B HOLLOWAY JR CHIEF EXECUTIVE OFFICER 286920 0 40000 0 0 0 7801 0 24327 0 359048 0 0 0 PART I, LINE 7 JOHN HOLLOWAY, JR'S 2015 COMPENSATION STATEMENT INCLUDES A BONUS OF $40,000. THE DETERMINATION OF THE BONUS AMOUNT WAS DISCRETIONARY. FORM 990, PART VI, SECTION A, LINE 6 CONSISTENT WITH THE PRIMARY MISSION OF THE SOCIETY, MEMBERSHIP SHALL INCLUDE ONLY THOSE PHYSICIANS WHO ACTIVELY SUPPORT THAT MISSION. INTERNS, RESIDENTS, AND OTHERS IN TRAINING SERVICE SHALL NOT BE ELIGIBLE FOR MEMBERSHIP. PHYSICIANS ON ACTIVE OR COMMUNITY ACTIVE STAFF OF ANY OF THE HOSPITALS IN THE GROUP ARE ELIGIBLE. THE CLASSES OF MEMBERSHIP INCLUDE FULL MEMBERS, HONORARY FELLOWS, SENIOR MEMBERS, AFFILIATE MEMBERS, AND RETIRED MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A NEW DIRECTORS SHALL BE PROPOSED BY PRESENT DIRECTORS OR THE MEMBERSHIP AT LARGE AND ELECTED BY THE MEMBERSHIP AT A REGULAR MEETING OF THE MEMBERSHIP. A FAVORABLE MAJORITY VOTE OF THE MEMBERS PRESENT AND VOTING AT SUCH MEETING SHALL BE NECESSARY TO ELECT A PROPOSED DIRECTOR. FORM 990, PART VI, SECTION A, LINE 7B PURSUANT TO THE POWERS RESERVED TO THE MEMBERSHIP IN THE ARTICLES, THE BOARD SHALL EXERCISE THE SOCIETYS VETO AS A CAREALLIANCE HEALTH SERVICES FOUNDING MEMBER TO DEFEAT ANY RESOLUTION OF THE CAHS BOARD RELATED TO THE DISSOLUTION AND LIQUIDATION OF THE CAHS UNTIL THE MEMBERSHIP BY MAJORITY VOTE HAS APPROVED SUCH RESOLUTION RELATED TO DISSOLUTION AND LIQUIDATION. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE 990 WHICH IS PREPARED BY AN INDEPENDENT ACCOUNTANT IS PROVIDED FOR REVIEW BY ALL BOARD MEMBERS AT A REGULARLY SCHEDULED BOARD MEETING PRIOR TO FILING WITH THE IRS. ANY BOARD MEMBERS WHO ARE UNABLE TO ATTEND THE MEETING ARE SENT A COPY OF THE FORM 990 BY CERTIFIED MAIL. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST STATEMENT. ALSO, BOARD MEMBERS ARE INFORMED ANNUALLY OF HOW TO REPORT A POTENTIAL CONFLICT OF INTEREST. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE BOARD SHALL DETERMINE WHETHER THE SOCIETY CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABALE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE SOCIETY'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE SOCIETY. FORM 990, PART VI, SECTION B, LINE 15 AN ATTORNEY WAS USED TO DRAW UP AN INDEPENDENT COMPENSATION CONTRACT FOR THE CEO POSITION. THIS CONTRACT IS IN EFFECT FOR THREE YEARS. THERE IS A COMPENSATION COMMITTEE THAT REVIEWS THE COMPENSATION CONTRACT AND THE BOARD APPROVES THE CONTRACT. IN ADDITION, A COMPARABILITY STUDY IS USED TO DETERMINE THE APPROPRIATE COMPENSATION FOR THE ORGANIZATIONS OFFICERS. FORM 990, PART VI, SECTION C, LINE 18 PHOTOCOPIES OF THE FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. IN ADDITION, RECENT FILINGS OF THE FORM 990 ARE AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST AT THE ADMINISTRATION OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN FV OF INTEREST RATE SWAP 160,705. SHARE OF EARNINGS OF AFFILIATE 6,960,060. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CAREALLIANCE HEALTH SERVICES 315 CALHOUN ST CHARLESTON SC 29401 570831165 HEALTH-GENERAL & REHABILITATIVE SC 501(C)(3) LINE 3 ROPER SAINT FRANCIS HEALTHCARE 0 ROPER HOSPITAL INC 315 CALHOUN STREET 107 CHARLESTON SC 29401 570828733 HEALTHCARE SC 501(C)(3) LINE 3 CAREALLIANCE 0 BON SECOURS ST FRANCIS HOSPITAL 315 CALHOUN STREET 107 CHARLESTON SC 29401 571067254 HEALTHCARE SC 501(C)(3) LINE 3 CAREALLIANCE 0 ROPER ST FRANCIS MT PLEASANT HOSPITAL 315 CALHOUN STREET 107 CHARLESTON SC 29401 570360499 HEALTHCARE SC 501(C)(3) LINE 3 CAREALLIANCE 0 ROPER ST FRANCIS HOSPITAL - BERKELEY 315 CALHOUN STREET 107 CHARLESTON SC 29401 263710229 HEALTHCARE (FUTURE) SC 501(C)(3) LINE 3 CAREALLIANCE 0 ROPER ST FRANCIS PHYSICIANS NETWORK 125 DOUGHTY STREET 760 CHARLESTON SC 29403 262946628 HEALTHCARE SC 501(C)(3) LINE 3 CAREALLIANCE 0 ROPER ST FRANCIS FOUNDATION 315 CALHOUN STREET 107 CHARLESTON SC 29401 571068509 SUPPORTING ORG SC 501(C)(3) LINE 11A, I CAREALLIANCE 0 CAREALLIANCE MEDICAL SERVICES ORGANIZATION 225 DOUGHTY STREET CHARLESTON SC 29403 571012837 INACTIVE SC N/A C 1.00000 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0