Waveny Home Healthcare Inc

“The sole member of waveny home healthcare inc. Is waveny lifecare network, inc.”

“Waveny lifecare network, inc., the sole member of waveny home healthcare inc. Has the right to elect the board of directors of the corporation.”

“According to article ii, section 2 of the bylaws, the sole member shall have the following rights, powers and privileges: (a) to approve the corporation's annual operating and capital budgets and all fundraising programs proposed to be conducted by the corporation; (b) to approve (i) significant programs and expenditures proposed to be undertaken by the corporation, and (ii) plans that would materially affect the growth and development of the corporation, except where such action is already incorporated in an approved operating or capital budget of the corporation; (c) to approve the purchase, sale, or other disposition of significant capital or operating assets and the incurring of any indebtedness for borrowed money; (d) to approve significant affiliation agreements, including, but not limited to, joint venture, management, merger and joint purchase agreements, between and/or among the corporation and other institutions or entities; (e) to fill vacancies on the board of directors; (f) to approve the adoption, repeal or amendment of the certificate of incorporation or bylaws of the corporation; and (g) to act on any other matters on which action by the sole member is required or permitted by the certificate of incorporation, these bylaws, or by law.”

“The cfo reviews the 990 with the preparer prior to sending to the audit committee(part of the finance committee) for review before filing on behalf of the governing body.”

“Management on an annual basis requires board members and key employees to sign off on the conflict of interest policy. Compliance is monitored by the organization's executive secretary.”

“The compensation of the ceo and cfo are paid by a related organization, waveny care center, inc. Waveny care center, inc. Performs the following procedure when determining compensation: executive committee of the board reviews annually the compensation of the ceo and cfo. Other like organization's 990s are reviewed as well as wage data provided by industry associations. Any compensation adjustments are approved by the board chair and vice chair and documented in the minutes. The policy of this organization is to follow the policy of the related organization.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“On january 1, 2021 (acquisition date), the network became the sole member of visiting nurse & hospice of fairfield county, inc. (vnhfc) pursuant to an affiliation agreement. On july 1, 2021, home healthcare (whh) merged into vnhfc (the merger). Under this new structure, the agencies previously operated by both entities maintained separate state licenses, and federal medicare certifications and operate independently. Visiting nurse & hospice of fairfield county, inc was the surviving entity in the merger.”

“Transfers from affiliate 153,240. Merge with vnhfc -14,131.”

“On january 1, 2021 (acquisition date), the network became the sole member of visiting nurse & hospice of fairfield county, inc. (vnhfc) pursuant to an affiliation agreement. On july 1, 2021, home healthcare (whh) merged into vnhfc (the merger). Under this new structure, the agencies previously operated by both entities maintained separate state licenses, and federal medicare certifications and operate independently. Visiting nurse & hospice of fairfield county, inc was the surviving entity in the merger.”