Hospice of Southern Maine

“Hospice of Southern Maine contracted with AMS Accounting & Professional Services, an unrelated organization, to provide accounting, finance, and management services during this tax year. AMS Accounting and Professional Services was paid $82,620 during this tax year in return for services provided by Frank O'Connor. In his capacity as the Organization's engaged Consulting Accountant, Frank O'Connor serves in a role materially similar to that of the Finance Manager, and so has been deemed an Officer on this Form 990, Part VII.”

“Initial Members of the Corporation were established in 2003. Thereafter, Members shall include all other persons who may be admitted to membership from time to time by vote of the Members at an annual or special meeting. The Governance Committee of the Board of Directors shall present a report to propose new Members to be admitted for membership.”

“Provisions in bylaws pertaining to Members of the Corporation: - Individuals may be admitted to membership from time to time by vote of Members at annual or special meetings. - Nominating Committee of the Board of Directors proposes new members. - Members must have an interest in, and ability to contribute to, the advancement of the mission and goals of the Corporation. - Powers include election of Board of Directors, election of new members, changes in the corporate structure, and action on any matters brought to them by the BOD, at the annual meeting or at special meetings. Purpose: to strengthen links to the community, and ensure that effective governing bodies are elected Responsibilities: - Understanding and affirmation of HSM's mission, principles and objectives. - Advocacy in the community, fostering of public awareness and support for the Organization's goals and programs and its fundraising efforts. - Attendance at the annual meeting, election of Board and Members of the Corporation, and action on any other matters brought by the Board.”

“See response for Form 990, Part VI, line 7a.”

“The Form 990 was reviewed by the finance committee. Then a complete copy of the Form 990 was distributed to the full Board of Directors before filing with the IRS.”

“Annually all persons are required to review and sign the conflict of interest policy statement, which is then kept on file.”

“The process for determining compensation for the CEO was as follows: review of candidate's current responsibilities and compensation, and their expectations and performance as CEO of HSM; review of national and regional market data; discussion and decision by the Executive Committee of the Board.”

“All public financial and governing documents are made available upon request.”

“On January 9, 2026, the Organization entered into an Agreement and Plan of Merger with Androscoggin Home Health Services, Inc., d/b/a Andwell Health Partners (Andwell). Under the agreement, the Organization will merge with and into Andwell, with Andwell as the surviving corporation. Management expects the merger to become effective April 1, 2026, subject to receipt of required approvals. Upon the effective date, all assets, liabilities, and operations of the Organization will transfer to Andwell, and the Organization will cease to exist as a separate legal entity. Because the merger had not occurred as of the Organization's year end, there was no impact on the organization's financial statements or Form 990 for this year ending December 31, 2025. However, as planning for this merger did occur in the 2025 tax year, and as it will result in a significant change to the Organization in future years, the Organization is disclosing this pending transaction within its 2025 Form 990 for transparency purposes.”

“The responsibility of the audit committee to oversee the audit and to select the Organization's engaged independent accountant has not changed from prior years.”