Regarding nongovernmental healthcare organizations, which option does NOT require consolidation?

The situation described that does not require consolidation is when the reporting entity owns 50 percent or less of the common voting stock of an investee but can still exercise significant influence over that investee's operating and financial policies. This situation typically falls under the accounting treatment for investments using the equity method rather than full consolidation.

Under the equity method, if an investor holds significant influence—usually indicated when ownership is between 20% and 50%—it reflects only the investor's share of the investee's earnings in its income statement. Consequently, this method avoids the full consolidation requirement where the entirety of the investee’s financials are combined into the parent’s financial statements. This is crucial for maintaining clarity about financial performance while recognizing the influence the investor has without full control.

In contrast, options that involve owning a majority of a for-profit entity's voting stock, being the sole corporate member of a not-for-profit entity, or having majority voting interest along with an economic interest typically require consolidation, as they imply control over the entity's decisions and financial outcomes.