Montgomery Hospice Inc.

“The executive committee shall consist of the board chairperson, board vice chairperson, board secretary, board treasurer, immediate past chairperson, foundation board chairperson and the president/ceo, and such other board members as the board may deem appropriate. It shall have authority to conduct essential hospice business between board meetings, when delay in action would be detrimental to the hospice, except as to the matters listed below as well as any others imposed by the board: 1. Amending the articles of incorporation or the bylaws; 2. Approving a plan of merger or consolidation; 3. Filling vacancies on the hospice board or the foundation board or removing directors or officers of each board from office; 4. Appointing or removing members of the executive committee; 5. Appointing or removing any officer, the medical director or the president/ceo, without the approval of a majority of the board; 6. Approving sale, lease, exchange, mortgage, pledge, or other disposition of all, or substantially all, the property or assets of the hospice; or 7. Approving voluntary dissolution of the hospice or foundation, or revocation of voluntary dissolution proceedings.”

“The hospice amended its governing documents to remove all references and articles that pertained to the montgomery hospice foundation, which dissolved and merged into the hospice on july 1, 2014. The hospice also amended its bylaws for the following: 1. Added the finance and audit committee purpose, composition and responsibilities.”

“The form 990 is reviewed by the president and members of the finance committee before filing. The chairman gives a summary report to the board. Board members can request a copy of the form 990 return.”

“All individuals, upon appointment to the board of directors, any board designated committee, or montgomery hospice staff or volunteer position, shall be required to examine and sign an individual statement regarding conflict of interest. In the event a conflict of interest or potential conflict arises, the conflict of interest statement must promptly be updated and brought to the attention of the president/ceo and/or chairman of the board. If the matter concerns a staff member or volunteer, the change should be presented to the individual's supervisor. The individual board members, who have a conflict of interest with their current business relationship and the hospice, will withdraw themselves from board discussions and voting.”

“The compensation review for the president/ceo is conducted annually by executive committee members. The members may interview the president/ceo's colleagues concerning their interaction and relationship with president/ceo. Other analysis include a written employment contract, compensation survey or study, and approval by the executive committee. The most recent year in which the compensation process was reviewed was 2014. Key employees are given annual performance reviews by their immediate supervisor including the president/ceo. The performance summary is reviewed and discussed with the president/ceo. An analysis of comparable staff positions and similar hospice organizations is done by the human resources department. Data from benchmark reports provided by nhpco and mvi are also used for this analysis.”

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request. The organization's financial statements are also summarized on the organization's website.”

“Transfer from montgomery hospice foundation, inc. 11,469,376. Net assets of disregarded entity 15,728.”

“The hospice amended its bylaws to provide for the finance and audit committee: the purpose of the committee is to ensure and oversee an independent audit is conducted annually; ensure accurate tracking, monitoring and accountability for funds and ensure adequate financial controls. The committee recommends the approval of the audit to the full board.”