Stein Hospice Services Inc.

“DOCUMENTS AVAILABLE TO PUBLIC HOSPICE OF THE WESTERN RESERVE DOES MAKE ITS FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC BY PROVIDING COPIES UPON REQUEST and INSPECTION AT THE HEADQUARTERS OFFICE. HOSPICE OF THE WESTERN RESERVE DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE GENERAL PUBLIC AT THIS TIME.”

“Process for determining compensation the compensation of the ceo is based on labor market data from both local and national sources. With the help of the human resources team, the organization participates in annual and special compensation surveys and the resulting data is shared with the board of directors. Compensation information is also obtained from form 990's from other comparable not-for-profit hospices. In addition, each board director is asked to respond to a questionnaire evaluating the ceo's performance compared to goals established during the previous year's evaluation. The results of the questionnaires are tabulated and shared with the board's executive committee. Based on the labor market data and annual performance evaluation process, the executive committee then establishes the ceo's compensation level as well as any performance bonus that may be provided. For other key officers, the process is similar to the process noted above. The organization obtains labor market data from both local and national sources. The organization participates in routine special compensation surveys and the resulting data is shared with the ceo. In addition, the internal alignment of our positions is periodically reviewed. Rates of pay are reviewed and established for internal positions based on equitable relationships and the difficulty and responsibility of work performed. Recommendations for requisite changes are discussed with the ceo. The officer's performance is reviewed on an annual basis by the ceo. Based on the individual's annual performance and goals achieved, and the internal and external data, the ceo will establish the compensation level for his officers. This process helps us maintain the organization's internal alignment and external competitiveness. The above processes are documented at the time the decisions are made.”

“FORM 990 REVIEW PROCESS Initially the Form 990 is prepared by the outside accounting firm who then sends it to management for their review and approval. Management then forwards the Form 990 to the Finance Committee of the Board for their review and approval before it is finalized. Then, it is made available to the full Board for their review, prior to filing the form with the IRS.”

“MONITOR AND ENFORCE CONFLICT OF INTEREST POLICY All Board members and employees are required to submit a disclosure statement at the beginning of employment and annually thereafter. If a matter arises which a Board member or employee has a conflict of interest, it shall be promptly disclosed to the Board or Chief Executive Officer as appropriate. Staff may initiate disclosure through their supervisor. However, the Board member or employee shall not participate in the discussion or vote to determine whether a conflict exists unless requested to do so.”

“Reconciliation of net assets net assets released (90,548) endowment investment income (100,496) ----------- (191,044)”