{"success":true,"data":{"id":741189682,"name":"Mercy Hospital of Laredo","description":"ORGANIZATION'S MISSION FORM 990, PART III, QUESTION 1 THE FILING ORGANIZATION WAS SOLD TO AN INDEPENDENT PARTY ON SEPTEMBER 30, 2003. THE WORK AND RESOLUTION OF ALL ACCOUNTS RECEIVABLE AND OTHER CORPORATE FINANCIAL MATTERS CONTINUED THROUGH THE FISCAL YEAR ENDED JUNE 30, 2010. PRIOR TO THE SALE, THE FILING ORGANIZATION PROVIDED QUALITY COMPREHENSIVE MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, GENDER, NATIONAL ORIGINAL, DISABILITY, AGE, OR ABILITY TO PAY. SERVICES INCLUDED BASIC HEALTH CARE, WELLNESS PROGRAMS, COMMUNITY EDUCATION PROGRAMS, SPECIAL PROGRAMS FOR THE ELDERLY, HANDICAPPED, MEDICALLY UNDERSERVED, AND A VARIETY OF BROADLY DEFINED COMMUNITY SUPPORT ACTIVITIES. Form 990, Part V, Question 1a Vendors for the filing organization are paid by the Sisters of Mercy Health System (EIN 43-1423050). As such, all required Form 1099 and Form 1096 reporting is made for the entire Health System (with limited exceptions) under the SMHS EIN. DESCRIPTION OF CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PART VI, QUESTION 6, 7A-B The filing organization has a sole Corporate member, the Sisters of Mercy Health System. The following corporate powers and responsibilities shall be reserved solely unto the Corporate Member: To approve the mission and establish the philosophy according to which the Corporation shall operate; To amend the Articles of Incorporation and Bylaws; To appoint and remove members of the Board; To appoint and remove the Chief Executive Officer of the SSU; To approve or amend the strategic plan, goals, and objectives of the Corporation; To approve or amend the operating, capital, and construction budgets for the Corporation; To lease or sell any of the assets of the Corporation or any corporation controlled by the Corporation in excess of One Million Dollars ($1,000,000); To encumber any or all of the assets of the Corporation or any corporation controlled by the Corporation; To authorize and approve the incurrence of debt by the Corporation or any corporation controlled by the Corporation (other than debt incurred for the acquisition of goods that are acquired in the ordinary course of business) and to grant any security interests, place any encumbrances, enter into any covenants, and execute any documents and take any actions necessary or appropriate in connection with the incurrence of such debt; and, To merge, dissolve, or abandon the Corporation. DESCRIPTION OF PRACTICES RE: DOCUMENTATION OF MTGS & ACTIONS OF GOV BODY FORM 990, PART VI, QUESTION 8A THE FILING ORGANIZATION WAS SOLD TO AN INDEPENDENT PARTY ON SEPTEMBER 30, 2003. THE WORK AND RESOLUTION OF ALL ACCOUNTS RECEIVABLE AND OTHER CORPORATE FINANCIAL MATTERS CONTINUED THROUGH THE FISCAL YEAR ENDED JUNE 30, 2010. HOWEVER, AS THE FILING ORGANIZATION IS CURRENTLY WINDING DOWN OPERATIONS AND THERE WERE NO SIGNIFICANT DECISIONS THAT REQUIRED APPROVAL DURING THE FISCAL YEAR, THERE WERE NO MEETINGS OF THE GOVERNING BODY OR COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY HELD DURING THE YEAR. DSCR THE PRCESS USED BY MANAGEMENT &/OR GOVERNING BODY TO REVIEW 990 FORM 990, PART VI, QUESTION 11A The Form 990 is prepared by an independent accounting firm, using information provided by the filing organization. A draft Form 990 is reviewed in detail by members of the Sisters of Mercy Health System's Tax Compliance team; members of this team are from various departments, including finance, legal, and human resources. In addition, the draft form 990 is also reviewed by the Sisters of Mercy Health System's Tax department, to ensure accuracy and consistency with other related organizations' Form 990s. After questions arising from the various reviews are addressed and incorporated into the Form 990, a revised draft is provided to the filing organization's leadership team for review. Once reviewed and approved by the filing organization's leadership team, the Form 990 is signed and filed with the IRS. DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST FORM 990, PART VI, QUESTION 12C THE FILING ORGANIZATION WAS SOLD TO AN INDEPENDENT PARTY ON SEPTEMBER 30, 2003. THE WORK AND RESOLUTION OF ALL ACCOUNTS RECEIVABLE AND OTHER CORPORATE FINANCIAL MATTERS CONTINUED THROUGH THE FISCAL YEAR ENDED JUNE 30, 2010. EACH OFFICER COMPLETED A CONFLICT OF INTEREST QUESTIONNAIRE; RESPONSES ARE REVIEWED BY SISTERS OF MERCY HEALTH SYSTEM LEGAL AND FINANCE AND POTENTIAL CONFLICTS ARE ADDRESSED. NO CONFLICTS REQUIRING DISCLOSURE WERE IDENTIFIED. OFFICES & POSITIONS FOR WHICH PROCESS WAS USED, & YEAR PROCESS WAS BEGUN FORM 990, PART VI, QUESTIONS 15A & 15B THE FILING ORGANIZATION WAS SOLD TO AN INDEPENDENT PARTY ON SEPTEMBER 30, 2003. THE WORK AND RESOLUTION OF ALL ACCOUNTS RECEIVABLE AND OTHER CORPORATE FINANCIAL MATTERS CONTINUED THROUGH THE FISCAL YEAR ENDED JUNE 30, 2010. NO COMPENSATION WAS PAID BY THE FILING ORGANIZATION DURING THE FISCAL YEAR ENDED JUNE 30, 2010. AVAIL OF GOV DOCS, CONFLICT OF INTEREST POLICY & FIN STMT TO GEN PUBLIC FORM 990, PART VI, QUESTION 19 GOVERNING DOCUMENTS, conflict of interest policy, AND FINANCIAL STATEMENTS HAVE BEEN MADE AVAILABLE FROM TIME TO TIME BUT ARE NOT PUBLISHED PUBLICLY. Average hours per week Form 990, Part VII, Section A, Column B The average hours per week disclosed in Part VII is an estimate of the hours per week that the listed individual spends on the filing organization. The following individuals also spend significant time on related organizations included within the Sisters of Mercy Health System, Inc. and Subsidiaries; the average hours per week devoted to related organizations is summarized below. *Jacquelynn Richmond Title - Mercy Hospital of Laredo Vice President; VP-Asst General Counsel Position - Director, Officer Avg Hours/Week Devoted to Filing Organization - 1 hour Avg Hours/Week Devoted to Related Organization - 59 hours Avg Hours/Week Total - 60 hours *Regina Strini Title - Mercy Hospital of Laredo Secretary; Insurance Services Manager Position - Director, Officer Avg Hours/Week Devoted to Filing Organization - 1 hour Avg Hours/Week Devoted to Related Organization - 39 hours Avg Hours/Week Total - 40 hours Form 990. Part XI, Question 2b The filing organization's financial statements were included in the Sisters of Mercy Health System, Inc. and Subsidiaries annual financial statement audit. The Sisters of Mercy Health System, Inc. and Subsidiaries received an unqualified opinion from the external auditors for fiscal 2010 (the tax year currently being reported). However, no separate audit opinion is issued on the financial statements of the filing organization. The ultimate responsibility for oversight of the financial statement audit and selection of the external auditor lies with the Finance, Audit, and Compliance Committee of the Sisters of Mercy Health System Board of Directors. Audit results are communicated to this committee.","category":"990","sector":"Health","website":"","phone":"3145796100","year":2009,"founded":1953,"state":"MO","revenue":21363.0,"expenses":8167.0,"assets":6558202.0,"governanceScore":3,"governanceMax":8,"rating":0.11286249226990885},"error":null}