Virtua Home Care -

“Independent contractors explanation: in connection with the coordinated approach of the entities as a health care system all account payable transactions are conducted by virtua west jersey health system, inc. (21-0634532)”

“Virtua health, inc. Is the sole corporate member.”

“The governance committee of the board of trustees makes recommendations for new membership and the virtua health, inc. Board of trustees gives the final approval.”

“The chairs of the various committees of virtua home care - community nursing services, inc. Present their recommendations on significant matters to the full virtua health, inc. Board of trustees for their approval.”

“The form 990 is reviewed by in-house counsel, external tax consultants, and the board of trustees. A final copy of form 990 is provided to the board prior to filing.”

“Virtua home care - community nursing services, inc. Adopts the policies of virtua health, inc. Regarding monitoring and enforcing a conflict-of-interest policy. Virtua home care requires each trustee, officer, key employee and member of a committee with board-delegated powers shall annually sign a statement in which they agree to comply with the conflict-of-interest policy. The board of trustees is responsible for ensuring that periodic reviews of operations are conducted so that the organization operates in a manner consistent with its charitable purposes and does not engage in activities that could jeopardize its status as an organization exempt from federal income tax. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of his or her financial interest and must be given the opportunity to disclose all material facts to the trustees and members of committees with board-delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining trustees or committee members shall decide if a conflict of interest exists. The determination of a conflict of interest is discussed and voted upon. The remaining trustees or committee members shall decide if a conflict of interest exists. If it is determined that one does exists, the conflict is either mitigated, if possible, or the person is removed from the board.”

“Virtua home care - community nursing services, inc. Does not compensate its executives; but rather, the executives receive compensation from virtua health, inc. (ein 22-3524939), a related entity. See schedule j, part iii (reference to schedule j, part i, line 3) for a description of the manner in which virtua health, inc. Utilizes to determine the compensation paid to the executives.”

“Virtua complies with legal requirements relative to making available its governing documents and conflict of interest policy. Financial statements are posted on the virtua health website https://www.virtua.org/about/financial-information and are also available through the repository websites emma (electronic municipal market access system) and dac (digital assurance certification), or upon request.”

“One or more of the officers, directors, trustees, and key employees in the filing organizations' part vii had transactions related to the "collateral assignment split dollar" (casd) program offered by virtua health. All transactions related to this program were between the individual and virtua health, inc. Ein 22-3524939. Therefore, all part x and schedule l reporting related to these transactions are reported on virtua health's return.”

“Virtua home care community nursing services, inc. Officers are compensated by virtua health, inc. (ein 22-3524939), a related organization. Some officers devote 40 hours a week to virtua health, inc. The amount of the devoted to related organizations is dependent upon their involvement in those organizations. As a result, the total average hours per week for each officer may vary.”

“No board member is paid for being a trustee, rather the compensation disclosed is related to the individuals' provision of employment services to the filing organization or a related organization.”

“Key employee designation prior to 2023, community nursing services, inc. Identified key employees for form 990 reporting based on a system-wide (global health system) perspective rather than on an entity-specific basis. As a result, certain individuals were reported as key employees across multiple form 990 filings. To better align with irs form 990 instructions, community nursing services, inc. Revised its methodology in 2023 and now determines key employee status on an entity-by-entity basis, based on the entity employing the individual. Only those who meet the criteria as key employees for community nursing services, inc. Are now disclosed in part vii. Former key employees will continue to be reported on the appropriate form 990s for the required five-year period. Rita s. Veterano was reported as a key employee in tax year 2022.”

“Net asset transfer with wjhs -1,283,671. Net asset transfer with vmg 13,026. Net asset transfer with virtua 270,598. Net asset transfer with vri, inc. 4,260,241. Net asset transfer with mhbc -28,819.”