TY 2019 Form 990 Schedule O

Instrumentl eFile RenderObject ID: 202101669349300635 - Rendered 2024-04-28 TIN: 81-4274508

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

OUR LADY OF WISDOM FACILITY CORPORATION

Employer identification number

81-4274508

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION HAS ONE MEMBER. THE ENTITY IS ORGANIZED AND OPERATED EXCLUSIVELY ON A NON-STOCK BASIS, AND THERE IS ONLY ONE CLASS OF MEMBERSHIP. THE MEMBERSHIP OF THE CORPORATION SHALL CONSIST OF NOTRE DAME HEALTH SYSTEM, A LOUISIANA, NON-PROFIT CORPORATION, WHICH SHALL BE, EX-OFFICIO, THE SOLE MEMBER OF THE CORPORATION.
FORM 990, PART VI, SECTION A, LINE 7A	THE MEMBER APPOINTS OR REMOVES THE MEMBERS OF THE BOARD OF DIRECTORS. THE MEMBER HAS THE POWER TO MAKE AND PASS BY-LAWS GOVERNING THE AFFAIRS OF THE CORPORATION AND APPOINTS THE OFFICERS OF THE CORPORATION.
FORM 990, PART VI, SECTION A, LINE 7B	THE MEMBER OF THE CORPORATION ELECTS THE BOARD OF DIRECTORS AND HAS THE POWER TO MAKE AND PASS BY-LAWS GOVERNING THE AFFAIRS OF THE CORPORATION. THE BOARD OF DIRECTORS, AS DISTINGUISHED FROM THE MEMBER OF THE CORPORATION, SHALL MANAGE, SUPERVISE, AND CONTROL THE BUSINESS, PROPERTY, AFFAIRS AND FUNDS OF OLOW FC AND SHALL EXERCISE ALL OF THE POWERS OF THE CORPORATION NOT RESERVED TO THE MEMBER OF THE CORPORATION AS SET FORTH IN THE OLOW FC'S ARTICLES OF INCORPORATION, BYLAWS, AND APPLICABLE LAW. THE AFOREMENTIONED ACTIONS MUST HAVE THE APPROVAL OF THE ARCHBISHOP OR ADMINISTRATOR OF THE ARCHDIOCESE OF NEW ORLEANS. THE FINANCE COUNCIL (THE COUNCIL) OF THE ARCHDIOCESE OF NEW ORLEANS CONVENES ON A REGULAR BASIS IN THE PRESENCE OF THE ARCHBISHOP. THE CURRENT PRACTICE OF THE ORGANIZATION IS TO BRING THE AFOREMENTIONED ITEMS BEFORE THE COUNCIL AND THE ARCHBISHOP FOR DISCUSSION, REVIEW, AND APPROVAL. THE DECISION OF THE ARCHBISHOP IS THEN COMMUNICATED TO THE CEO OF OUR LADY OF WISDOM FACILITY CORPORATION.
FORM 990, PART VI, SECTION B, LINE 11B	AUDITS ARE PRESENTED TO THE BOARD ANNUALLY. IT IS THE ORGANIZATION'S CURRENT PRACTICE TO ALSO PRESENT THE AUDIT TO THE ARCHDIOCESE OF NEW ORLEANS AUDIT COMMITTEE. PRIOR TO ITS FILINGS, THE FORM 990 IS PRESENTED TO OUR LADY OF WISDOM FC'S BOARD. THE ARCHDIOCESE OF NEW ORELANS RECEIVES A COPY OF THE FORM 990.
FORM 990, PART VI, SECTION B, LINE 12C	EACH EMPLOYEE OF THE ARCHDIOCESE OF NEW ORLEANS, ITS AGENCIES, OR ITS AFFILIATES, IS REQUIRED TO FULLY DISCLOSE ANY RELATIONSHIP OR SITUATION THAT MAY GIVE RISE TO A POTENTIAL CONFLICT OR THE APPEARANCE OF A CONFLICT OF INTEREST. DISCLOSURE FORMS ARE SENT TO THE HEAD OF THE AFFECTED ENTITY, AGENCY, AND/OR PARISH, AND COPIES ARE FORWARDED TO THE BOARD.
FORM 990, PART VI, SECTION C, LINE 19	THIS FORM AS WELL AS VARIOUS POLICIES ARE ALSO MADE AVAILABLE TO THE THE GENERAL PUBLIC UPON REQUEST.
PART XII, LINE 2C EXPLANATION	THIS PROCESS HAS NOT CHANGES FROM THE PRIOR YEAR.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 6

THE ORGANIZATION HAS ONE MEMBER. THE ENTITY IS ORGANIZED AND OPERATED EXCLUSIVELY ON A NON-STOCK BASIS, AND THERE IS ONLY ONE CLASS OF MEMBERSHIP. THE MEMBERSHIP OF THE CORPORATION SHALL CONSIST OF NOTRE DAME HEALTH SYSTEM, A LOUISIANA, NON-PROFIT CORPORATION, WHICH SHALL BE, EX-OFFICIO, THE SOLE MEMBER OF THE CORPORATION.

FORM 990, PART VI, SECTION A, LINE 7A

THE MEMBER APPOINTS OR REMOVES THE MEMBERS OF THE BOARD OF DIRECTORS. THE MEMBER HAS THE POWER TO MAKE AND PASS BY-LAWS GOVERNING THE AFFAIRS OF THE CORPORATION AND APPOINTS THE OFFICERS OF THE CORPORATION.

FORM 990, PART VI, SECTION A, LINE 7B

THE MEMBER OF THE CORPORATION ELECTS THE BOARD OF DIRECTORS AND HAS THE POWER TO MAKE AND PASS BY-LAWS GOVERNING THE AFFAIRS OF THE CORPORATION. THE BOARD OF DIRECTORS, AS DISTINGUISHED FROM THE MEMBER OF THE CORPORATION, SHALL MANAGE, SUPERVISE, AND CONTROL THE BUSINESS, PROPERTY, AFFAIRS AND FUNDS OF OLOW FC AND SHALL EXERCISE ALL OF THE POWERS OF THE CORPORATION NOT RESERVED TO THE MEMBER OF THE CORPORATION AS SET FORTH IN THE OLOW FC'S ARTICLES OF INCORPORATION, BYLAWS, AND APPLICABLE LAW. THE AFOREMENTIONED ACTIONS MUST HAVE THE APPROVAL OF THE ARCHBISHOP OR ADMINISTRATOR OF THE ARCHDIOCESE OF NEW ORLEANS. THE FINANCE COUNCIL (THE COUNCIL) OF THE ARCHDIOCESE OF NEW ORLEANS CONVENES ON A REGULAR BASIS IN THE PRESENCE OF THE ARCHBISHOP. THE CURRENT PRACTICE OF THE ORGANIZATION IS TO BRING THE AFOREMENTIONED ITEMS BEFORE THE COUNCIL AND THE ARCHBISHOP FOR DISCUSSION, REVIEW, AND APPROVAL. THE DECISION OF THE ARCHBISHOP IS THEN COMMUNICATED TO THE CEO OF OUR LADY OF WISDOM FACILITY CORPORATION.

FORM 990, PART VI, SECTION B, LINE 11B

AUDITS ARE PRESENTED TO THE BOARD ANNUALLY. IT IS THE ORGANIZATION'S CURRENT PRACTICE TO ALSO PRESENT THE AUDIT TO THE ARCHDIOCESE OF NEW ORLEANS AUDIT COMMITTEE. PRIOR TO ITS FILINGS, THE FORM 990 IS PRESENTED TO OUR LADY OF WISDOM FC'S BOARD. THE ARCHDIOCESE OF NEW ORELANS RECEIVES A COPY OF THE FORM 990.

FORM 990, PART VI, SECTION B, LINE 12C

EACH EMPLOYEE OF THE ARCHDIOCESE OF NEW ORLEANS, ITS AGENCIES, OR ITS AFFILIATES, IS REQUIRED TO FULLY DISCLOSE ANY RELATIONSHIP OR SITUATION THAT MAY GIVE RISE TO A POTENTIAL CONFLICT OR THE APPEARANCE OF A CONFLICT OF INTEREST. DISCLOSURE FORMS ARE SENT TO THE HEAD OF THE AFFECTED ENTITY, AGENCY, AND/OR PARISH, AND COPIES ARE FORWARDED TO THE BOARD.

FORM 990, PART VI, SECTION C, LINE 19

THIS FORM AS WELL AS VARIOUS POLICIES ARE ALSO MADE AVAILABLE TO THE THE GENERAL PUBLIC UPON REQUEST.

PART XII, LINE 2C EXPLANATION

THIS PROCESS HAS NOT CHANGES FROM THE PRIOR YEAR.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

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