Halcyon Hospice

“Tim Bowen is the CEO of Care Synergy and all Affiliates. He is compensated by Care Synergy, which is a related supporting organization. The Executive Committee of the Board of Directors for Care Synergy functions as the compensation committee. They engage an independent third party compensation and benefits consultant to conduct a market analysis of compensation and benefits for all of the Care Synergy Executive staff and Affiliate Presidents. The analysis includes comparisons of similarly sized hospice and other healthcare organizations. The consulting firm also evaluates the reasonableness of executive compensation from an intermediate sanctions perspective. Any compensation or benefits changes for Care Synergy Executive Staff and Affiliate Presidents are approved by the Executive Committee of the Care Synergy Board of Directors and documented in the committee minutes.”

“Halcyon's sole member is Comfort Bridge, a non-stock, Colorado nonprofit corporation.”

“The hospice's sole member, comfort bridge, will act through its board of directors for the purpose of appointing the directors of the corporation.”

“The 990 form is prepared by the director of finance and reviewed in detail by the cfo and outside cpa firm. A final copy is given to the full board for review prior to filing.”

“EVERY JANUARY THE CONFLICT OF INTEREST POLICY IS REVIEWED IN THE JANUARY BOARD MEETING. THE BOARD AND SENIOR MANAGEMENT ARE ASKED TO DISCLOSE ANY BUSINESS VENTURES, OWNERSHIP INTERESTS OR SERVICES THAT COULD CREATE A CONFLICT OF INTEREST. THE POLICY IS CLOSELY FOLLOWED ON ISSUES THAT ARISE THROUGHOUT THE YEAR. 1. Determining Whether a Conflict of Interest Exists After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. 2. Procedures for Addressing the Conflict of Interest a. An interested person may make a presentation to the governing board or committee, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. b. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. c. After exercising due diligence, the governing board or committee shall determine whether the Organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. d. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Organization's best interest, for its own benefit, and whether it is fair and reasonable. In conforming with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement.”

“Kevin Williams is the CFO for CS, John Blaschke is the CIO for Care Synergy, Jane Bedrosian is the VP of HR for Care Synergy. All of these executives are compensated by Care Synergy, which is a related supporting organization. Rod Graber was the President of Halcyon. The Executive Committee of the Board of Directors for Care Synergy functions as the compensation committee. They engage an independent third party compensation and benefits consultant to conduct a market analysis of compensation and benefits for all of the Care Synergy Executive staff and Affiliate Presidents. The analysis includes comparisons of similarly sized hospice and other healthcare organizations. The consulting firm also evaluates the reasonableness of executive compensation from an intermediate sanctions perspective. Any compensation or benefits changes for Care Synergy Executive Staff and Affiliate Presidents are approved by the Executive Committee of the Care Synergy Board of Directors and documented in the committee minutes.”

“Documents are available upon request. Request forms are available at the front desk and can be requested in person or over the phone.”

“Contract Labor - Total Expense: 319996, Program Service Expense: 310896, Management and General Expenses: 9100, Fundraising Expenses: ; Consultant Expenses - Total Expense: 14655, Program Service Expense: 0, Management and General Expenses: 14655, Fundraising Expenses: ; Contract Services - Total Expense: 46435, Program Service Expense: 0, Management and General Expenses: 46435, Fundraising Expenses: ; Affiliate Labor Push Down - Total Expense: 1140073, Program Service Expense: , Management and General Expenses: 1140073, Fundraising Expenses: ; Affiliate management fee - Total Expense: 490585, Program Service Expense: , Management and General Expenses: 490585, Fundraising Expenses: ;”