Capital Hospice

“There shall be an executive committee composted of the officers of the board. The executive committee shall be empowered to act on behalf of the board unless dealing with matters the board has reserved to itself. The executive committee shall serve in an advisory capacity to the board of trustees on matters relating to compensation of officers and key employees (including but not limited to the president/ceo) and to management succession.”

“The governing documents were amended during 2018 to add the qualifications of being an ex-officio trustee.”

“The 990 for capital hospice is reviewed by the controller and the chief financial officer, who will sign the return when it is finalized. Next the 990 is sent to all of the members of the board of trustees including the president of capital hospice for their review and to solicit any comments or questions. The finance audit investment committee (faic) of the board meets to review and discuss the form 990 in detail. This meeting is open to all board members including the compensation and other committee chairs. After the form 990 has been reviewed by the board and any comments or questions from board members have been responded to, the form 990 will be finalized, signed and filed.”

“All board members, officers and key managers are required to report any real or potential or perceived conflict of interest involving them or another person by promptly filing a written disclosure statement with the president or chair of the board of trustees. The president will review all such statements and the annual disclosure statements and discuss with the chair of the board any potential conflicts of interest. If the president and the chair of the board determine that a potential conflict exists, then the board shall inform the person of the basis for such belief and allow the person to explain and disclose. For any transaction/arrangement discussed during a board meeting for which a conflict of interest is deemed to exist, the affected board member shall not be counted in determining the quorom for the meeting but shall be permitted to briefly state his position on the matter and answer pertinent questions of other board members before vacating the governing board. The board member shall leave the governing board and a majority of the remaining board members shall determine whether to undertake such transaction/arrangement. If the board decides that a person has failed to disclose a conflict of interest, the board shall take corrective action.”

“The independent compensation committee of capital hospice has engaged towers watson, an independent consulting group, experienced in this work,compensation from both tax-exempt and for-profit employers, of similar size and comparable scope for the ceo and other key personnel. The report was reviewed and approved by the independent compensation committee after thorough discussion of the data, it sources and the findings. Capital hospice, as subject to intermediate sanctions under internal revenue code (irc) section 4958, considers that the intermediate sanctions market benchmarking methodology for disqualified individuals, conducted by towers watson, has provided a valid and robust means of determining market based compensation competitiveness. Capital hospice has appointed an independent compensation committee to review and approve (with contemporaneous substantiation of the deliberation and decision) the compensation for other officers and key employees of capital hospice. The review is done in conjunction with independent market review and findings presented from towers watson on an annual basis.”

“See the explanation for line 15a.”

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

“OTHER - Total Revenue: 138488, Related or Exempt Function Revenue: 138488, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“PHYSICIAN SERVICES - Total Expense: 189857, Program Service Expense: 189857, Management and General Expenses: , Fundraising Expenses: ; CONTRACT SERVICES NURSING HOME - Total Expense: 9220115, Program Service Expense: 9220115, Management and General Expenses: , Fundraising Expenses: ; CONTRACT SERVICES LABOR - Total Expense: 186408, Program Service Expense: 134054, Management and General Expenses: 52354, Fundraising Expenses: ; CONTRACT SERVICES CONSULTANTS - Total Expense: 1265884, Program Service Expense: 293131, Management and General Expenses: 705192, Fundraising Expenses: 267561; CONTRACT SERVICES INPATIENT - Total Expense: 663259, Program Service Expense: 663259, Management and General Expenses: , Fundraising Expenses: ; CONTRACT SERVICES OTHER PATIENT RELATED - Total Expense: 739858, Program Service Expense: 739858, Management and General Expenses: , Fundraising Expenses: ; CONTRACT SERVICES OTHER - Total Expense: 467574, Program Service Expense: 291116, Management and General Expenses: 176168, Fundraising Expenses: 290;”

“Unrealized gain on interest rate swap - 205609;”

“The halquist memorial inpatient center was licensed in 1981 as one of the first hospice inpatient centers in the united states and the first in the state of virginia. As such, the state of virginia had no category for licensure that would fit the facility and therefore licensed the unit as a general hospital. As a hospice inpatient center, the facility has no emergency room, outpatient center, labs, or other diagnostic services as would a general hospital. It serves only capital hospice patients requiring acute symptom management or patients in their final days of a terminal illness who can no longer be served at home. The unit has 15 beds and represents on average only 13 of the more than 1100 patients that are treated by capital hospice on a daily basis. As a result, the community health needs assessment is not applicable to hospice inpatient beds. In states other than virginia, units like halquist are licensed as hospice centers and are not subject to either the community health needs assessment or form 990, schedule h. It is for this reason that capital caring is filing form 990 as a public charity described under section 170(b)(1)(a)(vi) of the internal revenue code. Similarly, medicare has recognized that our unit is not actually a hospital and has not required us to comply with many of the reporting requirements applicable to hospitals.”