Hopehealth Community Vna Inc

“Board of director members keith kelly and barbara cottam have a business relationship with the organization.”

“The sole member of hopehealth community vna, inc. Is hopehealth.”

“The powers of the member, hopehealth, shall be limited to taking action on the activities enumerated below and those activities expressly requiring action of the member pursuant to law, the articles of incorporation or elsewhere in these bylaws. The following actions shall require the approval of the corporation's board and approval by the member's board of directors: (a) amending the corporation's articles of incorporation or these bylaws; (b) authorizing (1) the merger, affiliation or consolidation of the corporation with any other entity; (2) the sale, lease, exchange, mortgage, pledge or other disposition of all or substantially all of the property and assets of the corporation; or (3) the voluntary dissolution of the corporation, the plan of distribution of assets upon dissolution and revocation of voluntary dissolution proceedings; (c) causing the corporation to commence bankruptcy, receivership or other insolvency proceedings, or assigning for the benefit of creditors all or substantially all of the assets of the corporation; (d) establishing a clinical service line or affiliate of the corporation that is not currently in existence, or changing in any material manner any service line responsibilities that may be agreed in writing among the member, the corporation and any of the member's other subsidiaries, as such term is defined in the member's bylaws; (e) hiring or termination of the corporation's president/chief executive officer; (f) entering into any loan agreement or otherwise incurring unbudgeted debt in excess of one hundred thousand dollars ($100,000) and entering into a mortgage, pledge or grant of a security interest in property or assets of the corporation in connection with any such indebtedness; and (g) adopting the annual operating and capital budgets of the corporation, including any revisions thereto during the fiscal year.”

“The form 990 is reviewed by management and presented to the audit committee for approval. The form 990 is then distributed to board members prior to filing.”

“The conflict of interest policy for the hopehealth system is: at or prior to consideration by the board or a committee of a matter, transaction or arrangement as to which any director, officer, member, employee or volunteer has a potential conflict of interest, the individual having such conflict shall disclose the same to the board/ committee, compliance officer if employee or volunteer as the case may be. If it is determined that an actual conflict of interest exists, the individual with such conflict shall not be present during discussion or voting on such matter as relates to the conflict. Approval of any transaction or arrangement that involves a conflict shall involve a consensus of those remaining that the transaction is in the interests of the organization and for its benefit, is fair and reasonable to the organization, and that the organization could not obtain a more adventageous transaction or arrangement with reasonable effort. The board or committee may, if deemed appropriate, appoint a non-interested committee or individual to investigate alternatives to such transaction or arrangement. The board shall, in the case of violation of this policy by any individual take such disciplinary or other corrective action as is necessary to protect the interests of organization. The minutes of the board and committee meetings shall record disclosures and other proceedings described above, including the names of all persons present and participating therein and all determination, made pursuant to such procedures. Annually all conflict of interest disclosure statements will be reviewed at a minimum, by the president/chief executive office and chairman of the board to ensure that such conflicts are reasonable and consistent with general knowledge and understanding.”

“The process used to determine compensation for this organization will be the same as the remainder of the hopehealth integrated system. The hopehealth process is described below: the compensation committee of the board of directors reviews salaries for the ceo and other key members of senior leadership. The process includes periodic procurement of comparability data from external independent sources including the review of form 990 of other organizations. The board of directors review and approve the salary of the ceo and annually approves the budget which includes salaries for the other members of the senior management team. Sullivancotter was retained by the compensation committee (committee) of the board of directors (board) of hopehealth to conduct a competitive assessment of the total compensation program for its top leadership positions. The market data is compiled from reliable and independent surveys. The data was drawn from national published compensation surveys and regional irs form 990 data (if available).”

“The organization will provide their governing documents, conflict of interest policy and financial statements to the public upon written request.”

“Hhcvna ceased providing home care services during september 2024.”

“The audit committee of the board of directors is charged with the responsibility for the selection of the organization's independent auditors, and for the oversight of its financial statements.”