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          <BusinessNameLine1Txt>GRANDE RONDE HOSPITAL INC</BusinessNameLine1Txt>
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        <ExplanationTxt>THE HOSPITAL, FOUNDATION, AND AUXILIARY ARE ORGANIZED AS OREGON NONPROFIT CORPORATIONS AND HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE HOSPITAL, FOUNDATION, AND AUXILIARY ARE ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THEY ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. SIMILARLY, THE HOSPITAL, FOUNDATION, AND AUXILIARY ARE EXEMPT FROM STATE INCOME TAXES UNDER SIMILAR PROVISIONS OF STATE LAWS.</ExplanationTxt>
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        <ExplanationTxt>GRANDE RONDE HOSPITAL, INC. SHALL APPOINT ONE MEMBER OF THE GOVERNING BODY OF GRANDE RONDE HOSPITAL FOUNDATION AND APPROVE THE REMAINING BOARD MEMBERS NOMINATED BY THE FOUNDATION BOARD MEMBERS.</ExplanationTxt>
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