Hospice of Palm Beach County Inc

“The organization's top management official is the president and ceo of empath-stratum, inc. (esi), a related organization. The ceo's compensation is determined by and paid for by esi. The executive committee of the esi board meets annually to review and approve the compensation of the president and ceo. The executive committee's review of ceo compensation includes information provided in the most recent external compensation review. The compensation of the organization's other officers is also determined by esi. The compensation of other officers is reviewed on an annual basis by the ceo of esi. After reviewing officer compensation, the ceo's recommendations are then approved by esi's board of directors. These reviews are documented in each employee's file. The review of other officers' compensation includes information provided in the most recent external compensation review. External compensation reviews are performed according to the following process: every 3-5 years human resources will employ a well-recognized, independent compensation consultant to review the market ranges for the ceo of esi. The review will include a national comparison of similar jobs at similarly situated companies in order to make certain that these key employees are paid within a reasonable and appropriate range. The resulting recommendations will be reviewed by the executive committee to recommend any market-based changes or to ensure that the current compensation of these individuals are correct. During this review, human resources will also give the executive committee a broad overview of the structure of the full organization's compensation system, including the philosophy and systems set in place to manage it.”

“The sole member of hospice of palm beach county, inc. Shall be trustbridge, inc. (sole member), a related tax-exempt organization.”

“At the annual meeting, the sole member shall elect members of the board of directors and transact such other business as may properly be brought before the meeting. The directors shall be elected to serve a three (3) year term, or until such director submits his or her written resignation to the chairperson of the corporation. Any director may be removed, with or without cause, by the sole member at the meeting of the sole member, or by the affirmative vote of two thirds (2/3) of the directors then in office. The sole member shall not have any form of equity or ownership interest in the organization or any right, title or interest in its assets at any time during the course of its active operation. All rights of the person or entity designated as sole member shall cease on the termination of the sole membership. Only the sole member shall be entitled to share in the distribution of corporate assets upon any dissolution of the organization.”

“The sole member has the right to approve decisions of the board.”

“Per article iv of the corporation's bylaws, there are no committees with the power to act on behalf of the governing body.”

“The form 990 is reviewed in detail by management. It is also provided to the audit committee for review, and a copy is distributed to every member of the governing body prior to filing.”

“The organization sends out the conflict of interest questionnaires to board members and officers annually. The responses to the questionnaires are monitored and collected by the cfo. Should a conflict exist the person with the conflict will abstain from voting on the issue in question.”

“Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to internal revenue code (irc) section 6104. These documents are not available to the public at this time.”

“The organization changed its year end to september 30 and is therefore filing a short period tax return for the period of 1/1/2024 to 9/30/2024. Per the form 990 instructions, columns d and e will be blank and the organization will not report any key employees, highest compensated employees nor highest compensated independent contractors. These items are all reported based on the calendar year ending within the fiscal year, which does not exist for the short period.”