Cleveland Clinic Health System Obligated Group - FMSbonds.com
Cleveland Clinic Health System Obligated Group - FMSbonds.com Cleveland Clinic Health System Obligated Group - FMSbonds.com
involving direct or indirect business relationships with the Cleveland Clinic or its Affiliates. Consistent with Coderequirements, as well as other applicable guidelines and best practices for nonprofit corporations, the Conflict ofInterest Committee reviews such business relationships for potential conflicts. Trustees who are determined by theCommittee to have a conflict of interest with respect to a matter are required not to vote or otherwise take any actionconcerning the matter. The Conflict of Interest Committee of the Board of Trustees also oversees the ProfessionalStaff’s conflict of interest committee.Following is a list of current voting members of the Board of Trustees and, as to each, his or her principalaffiliation or occupation, the year that his or her initial Board term commenced and the year that his or her currentBoard term expires (members of the Executive Committee are marked with an *; members of the Audit Committeeare marked with a #):Voting Members of theBoard of TrusteesLord Michael AshcroftPatrick V. AulettaWilliam W. BakerPresent/Past BusinessAffiliation or OccupationChairmanBB HoldingsPresident Emeritus, Commercial BankingKeyBank National AssociationPresidentWinfield & Associates, Inc.Commencementof Initial TermExpiration ofCurrent Term2004 20131998 20132006 2009Stephen Brogan, Esq. (3) Managing Partner, Jones Day 2007 2012Stephen R. Brown (2)Flora M. CafaroJeffrey A. ColeThomas A. Commes* #William R. CosgroveTerrence C. Z. EggerUmberto P. Fedeli*Nancy Fisher*Daniel GilbertLarry P. GoldbergRetired PresidentAlcan Rolled Products CompanyVice President and Assistant TreasurerThe Cafaro CompanyPresidentCole Limited, Inc.Retired President and Chief Executive OfficerThe Sherwin-Williams CompanyRetired Chairman and Chief Executive OfficerSwagelok CompanyPresident and PublisherThe Plain DealerPresident and Chief Executive OfficerThe Fedeli GroupFormer Assistant ProsecutorCity of ClevelandChairman and Founder - Quicken LoansMajority Owner - The Cleveland CavaliersChief Executive OfficerGoldberg Companies, Inc.2004 20091993 20131999 20091993 20132001 20112007 20122000 20102002 20122007 20122006 2011A-6
Voting Members of theBoard of TrusteesJoseph T. GormanDavid J. Hessler, Esq.Carole HooverMichael J. Horvitz (3)Robert D. KainJohn W. Kemper, Sr.*Robert L. Lintz #William E. MacDonald, III # *Sydell L. MillerPresent/Past BusinessAffiliation or OccupationChairman and Chief Executive OfficerMoxahela EnterprisesSenior PartnerWegman, Hessler & VanderburgPresident and Chief Executive OfficerHooverMilsteinOf CounselJones DayVice ChairmanThe Cleveland BrownsChief Executive Officer/Treasurer – AvalonPrecision Casting Co.Vice President/Treasurer – Kemper HouseRetired Plant ManagerParma Metal Fabricating DivisionGeneral Motors CorporationRetired Vice ChairmanNational City CorporationRetired Chairman and Chief Executive OfficerMatrix Essentials, Inc.Commencementof Initial TermExpiration ofCurrent Term1989 20091997 20092007 20122006 20112001 20112002 20091992 20121997 20122006 2011A. Malachi Mixon, III* Chairman and Chief Executive OfficerInvacare Corporation1990 2010Beth E. MooneyDan T. Moore, III*Mario MorinoBert W. MoyarWilliam C. MulliganFrederick R. Nance (4)Vice ChairKeyCorpPresidentThe Dan T. Moore Company, Inc.ChairmanVenture Philanthropy PartnersMorino InstitutePresidentMEI Hotels IncorporatedManaging DirectorPrimus Venture PartnersRegional Managing PartnerSquire, Sanders & Dempsey L.L.P.2006 20111996 20112005 20101999 20101997 20102005 2010A-7
- Page 27 and 28: MedicareGeneralApproximately 29% of
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- Page 39 and 40: party or for any services rendered
- Page 41 and 42: typically in a position to refer pa
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- Page 45 and 46: performance demonstration programs
- Page 47 and 48: manifest injustice would otherwise
- Page 49 and 50: and properties owned or operated by
- Page 51 and 52: plan of reorganization, with one ex
- Page 53 and 54: percentage may be composed wholly o
- Page 55 and 56: The Internal Revenue Service Form 9
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- Page 63 and 64: Frederick R. Nance, Regional Managi
- Page 65 and 66: FINANCIAL POSITION — D. BALANCE S
- Page 67 and 68: The CommissionBecause the Series 20
- Page 69 and 70: APPENDIX ACLEVELAND CLINIC HEALTH S
- Page 71 and 72: TABLE OF CONTENTSPageINTRODUCTION .
- Page 73 and 74: This Appendix to the Offering Circu
- Page 75 and 76: A. ORIGINS AND FUNDAMENTAL MISSIONT
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- Page 81 and 82: Voting Members of theBoard of Trust
- Page 83 and 84: Principal Operating Officers. The d
- Page 85 and 86: In addition to the broad range of o
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- Page 89 and 90: GovernanceThe Cleveland Clinic is t
- Page 91 and 92: E. UTILIZATIONThe following tables
- Page 93 and 94: Statistical Information. The follow
- Page 95 and 96: I. COLLABORATIVE PROGRAMSIn additio
- Page 97 and 98: Clinic’s charity care policy, see
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- Page 103 and 104: OBLIGATED GROUPConsolidated Stateme
- Page 105 and 106: PART IV.MANAGEMENT’S DISCUSSION A
- Page 107 and 108: increase in minor equipment purchas
- Page 109 and 110: The following table sets forth the
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- Page 113 and 114: of funding to the pension plan offs
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- Page 117 and 118: • Clinic Care, Inc. (“Clinic Ca
- Page 119 and 120: APPENDIX BCERTAIN FINANCIAL STATEME
- Page 121 and 122: A UDITED C ONSOLIDATED F INANCIAL S
- Page 123 and 124: • Ernst & Young LLPSuite 1300925
- Page 125 and 126: Liabilities and net assetsCurrent l
- Page 127 and 128: Changes in Net AssetsNet AssetsTemp
Voting Members of theBoard of TrusteesJoseph T. GormanDavid J. Hessler, Esq.Carole HooverMichael J. Horvitz (3)Robert D. KainJohn W. Kemper, Sr.*Robert L. Lintz #William E. MacDonald, III # *Sydell L. MillerPresent/Past BusinessAffiliation or OccupationChairman and Chief Executive OfficerMoxahela EnterprisesSenior PartnerWegman, Hessler & VanderburgPresident and Chief Executive OfficerHooverMilsteinOf CounselJones DayVice ChairmanThe <strong>Cleveland</strong> BrownsChief Executive Officer/Treasurer – AvalonPrecision Casting Co.Vice President/Treasurer – Kemper HouseRetired Plant ManagerParma Metal Fabricating DivisionGeneral Motors CorporationRetired Vice ChairmanNational City CorporationRetired Chairman and Chief Executive OfficerMatrix Essentials, Inc.Commencementof Initial TermExpiration ofCurrent Term1989 20091997 20092007 20122006 20112001 20112002 20091992 20121997 20122006 2011A. Malachi Mixon, III* Chairman and Chief Executive OfficerInvacare Corporation1990 2010Beth E. MooneyDan T. Moore, III*Mario MorinoBert W. MoyarWilliam C. MulliganFrederick R. Nance (4)Vice ChairKeyCorpPresidentThe Dan T. Moore Company, Inc.ChairmanVenture Philanthropy PartnersMorino InstitutePresidentMEI Hotels IncorporatedManaging DirectorPrimus Venture PartnersRegional Managing PartnerSquire, Sanders & Dempsey L.L.P.2006 20111996 20112005 20101999 20101997 20102005 2010A-7