Cornerstone Hospice and Palliative Care Inc

“All board members are provided a draft copy of the form 990 for their review. Upon board's review and following up on any changes, the full board votes to approve the final form 990. The final form 990 is then filed with the irs upon signature of an authorized officer.”

“Proposed or ongoing transactions are monitored by the cfo for conflicts of interest. Board members are notified immediately if any issues arise so that appropriate action may be taken. 1. Persons covered by this policy are the organization's officers, directors, ceo and leadership/executive staff. 2. Persons covered by this policy will annually disclose or update to the ceo & chairman of the board of directors on a form provided by the organization their interests that could give rise to conflicts of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members. 3. On an annual basis (preferably during the first calendar quarter), the president/ceo will send to all applicable individuals: a. Copy of the policy and memorandum available upon request b. Conflict of interest questionnaire available upon request 4. When personnel assume positions relevant to the conflict of interest policy during the year, the same procedure will be followed. This procedure is applicable to any new board member, president/ceo and leadership staff. 5. For each interest disclosed to the ceo & chairman of the board of directors, they will determine whether to: (a) take no action; (b) assure full disclosure to the board of directors and other individuals covered by this policy; (c) ask the person to recuse from participation in related discussions or decisions within the organization; or (d) ask the person to resign from his or her position in the organization or, if the person refuses to resign, become subject to possible removal in accordance with the organization's removal procedures. 6. The organization's chief employed executive and chief employed finance executive will monitor proposed or ongoing transactions for conflicts of interest and disclose them to the chairman of the board of directors in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred.”

“President/ceo and other key employees compensation is reviewed on an annual basis by the executive committee and is based on performance and compared with like organizations across the state. Additionally, an independent compensation review was conducted by barry l. Brown with effective resources, inc. In 2013.”

“Governing documents, policies, and financial statements are available upon request.”

“This organization has an audit committee that assumes responsibility for oversight of the audit. This procedure did not change during the year.”