Hospice of Chattanooga Inc

“The form 990 is prepared by an independent accounting firm then reviewed and verified by the chief financial officer. Copies of the form are then sent to all members of the board of directors for review and comment. After responding to all inquiries and making any necessary changes, the final version is signed by the chief financial officer and filed with the internal revenue service.”

“As provided in section 8.5 of the bylaws, the board of directors has established and enforces a conflicting interest transactions policy ("conflicting interest transactions policy"). The provisions of the conflicting interest transactions policy include: a requirement for timely disclosure of the existence and nature of a director's or officer's conflicting interest and all facts known by a director or officer respecting the subject matter of the transaction that a director or officer free of such conflicting interest would reasonably believe to be material in deciding whether to proceed with the transaction; a description of a director's or officer's conflicting interest transaction; and a procedure for disclosing and reporting a conflicting interest transaction. The bylaws also provide that the foundation shall not enter into a transaction in which any officer, director or related person is a party or has a material financial interest in the transaction except in accordance with applicable tennessee law, which provides that the board of directors may, in its discretion, at any time appoint an ad hoc committee of qualified directors for the deliberation and vote on any officer's or director's conflicting interest transaction. Each director and officer reviews annually a copy of the conflicting interest transaction policy and signs a conflicts of interest disclosure statement.”

“15a compensation process for top officials the board of directors or executive committee establishes compensation for the ceo. The board and executive committee are comprised of disinterested directors who possess the business experience and knowledge necessary to review and evaluate comparability of compensation data from salary guides and to evaluate the performance of the ceo. 15b compensation process for officers the board of directors has delegated responsibility to the ceo for determining appropriate compensation of other officers and key employees by using industry standards and key performance indicators as comparability data for evaluating performance.”

“Documents are available to the public upon request”

“Journey health foundation uses lbmc employment partners, llc as their professional employer organization to make payments to their employees. Per irs guidelines and 990 instructions, the employees are treated as though journey health foundation paid the employees directly for 990 presentation purposes.”

“The process has not changed from the prior year.”