Vna Personal Services Inc

“Management services were provided by Visiting Nurse Association of Manchester and Southern New Hampshire, Inc., a related organization. The total amount paid to the VNA of Manchester and Southern New Hampshire was $91,644.”

“During the fiscal year, the organization's bylaws were updated to require the organization to be governed by a Board of Trustees identical in composition to the Board of its supporting organization, VNA of Manchester & Southern New Hampshire. This change allows Elliot Health System, the organization's sole member, to appoint at least nine (9) Trustees to the Board instead of seven (7), as previously required.”

“The sole member of VNA Personal Services, Inc. is Elliot Health System, a New Hampshire nonprofit corporation.”

“Elliot Health System, the sole member of the filing organization, has the power to appoint at least nine (9) members of the Board of Trustees. All other Trustees elected are subject to the ratification of the Elliot Health System Board.”

“Elliot Health System, the sole member of the filing organization, has the power to remove trustees of VNA Personal Services, Inc., approve the compensation of organization officers, approve and ratify changes to the filing organization's bylaws, approve the annual budget and strategic plan, and approve the sale or transfer of any asset over $500,000 in value, as well as any other powers that may be set forth in the filing organization's bylaws.”

“The completed Form 990 is presented to the full Board prior to filing. Board members can review the draft and bring any questions forward for discussion prior to filing.”

“Officers, directors, and key employees are required annually to sign a conflict of interest form which requires reporting any potential conflict of interest arrangements with the organization.”

“Through its related organization, Elliot Health System, the compensation committee of the Board utilizes outside compensation consultants to evaluate the salaries for the CEO, CFO, and COO. The consultants utilize their internal data along with national and local benchmark data from the industry to develop salary levels. Recommendations of the consultant are reviewed by the compensation committee, who recommends compensation levels to the full Board for approval. An outside consulting firm is also used by the organization to review the compensation of the remainder of the vice presidents. Again, national and local benchmarks for salaries are consulted to determine salary levels for these positions.”

“Each of these documents is filed with the New Hampshire Secretary of State and is available upon request.”

“Contracted services: Program service expenses 158,404. Management and general expenses 0. Fundraising expenses 0. Total expenses 158,404.”

“Net Periodic Pension Adjustment -230,906.”

“The audit process has not changed from the prior year.”