Mwh Holdings Inc

“Lucie and lawrence iannotti are wife and husband. David v. Hunter and cheryl shirley have a business relationship with other board members, brian wnek, lawrence iannotti and lucie iannotti, because david and cheryl are employed by related organizations of which the others are also board members.”

“Mw healthcare, inc. Is the sole stockholder of mwh holdings, inc. And is exempt under section 501(c)(3) of the internal revenue code.”

“The sole stockholder, mw healthcare, inc. Elects the board of directors for the upcoming year. This is done at the annual meeting of the board of managers of mw healthcare, inc.”

“The sole stockholder, mw healthcare, inc., has the right to vote on all matters upon which members of a connecticut stock corporation are afforded the right to vote.”

“The form 990 is prepared by an independent accounting firm and then reviewed by the finance committee of the board of managers. The finance committee then reports to the full board. A complete copy is then provided to all members of the board prior to filing.”

“The organization's parent organization has a corporate compliance officer that sends out conflict of interest statements to all officers, directors and key employees. Any potential conflicts of interest are reviewed by the corporate compliance committee of the board of managers. Certain restrictions are placed on persons with a conflict. They are prohibited from participating in the governing body's discussions and decisions regarding the transactions.”

“Annually, the ceo prepares performance evaluations on senior staff, including a self evaluation. The performance evaluations are based on duties that are stated within the job descriptions, benchmarks that are used in quarterly dashboard reports (i.e. Census, payor mix, staff turnover, financial indicators, etc.) and annual goals. The evaluations include current annual salary (including bonuses), and increases that are recommended to the committee by the ceo. The ceo meets with the governance committee to review performances and answer questions, and submits recommendations for salary increases, and/or reasons for not increasing salaries. The governance committee meets separately without staff to discuss the evaluations and recommendations. To assist management and members of the governance committee in providing a comparison analysis for each position, three human resource wage and benefit resources are utilized, as listed below: 1.) nursing home salary & benefits report, 2016-2017, published by hospital & healthcare compensation service in cooperation with leadingage, published july 2017, effective date of data: march 2017. 2.) continuing care retirement community salary & benefits report, 2016-2017, published by hospital & healthcare compensation service in cooperation with leadingage, published july 2017, effective date of data: march 2017. 3.) compensation & benefits survey, conducted by kardaslarson, llc, a human resource consulting firm headquartered in avon, ct. This report was sponsored by leadingage connecticut and leadingage massachusetts and the survey includes results from organizations in ct and ma. The survey was published august 2017. The annual performance evaluations and recommendations for compensation packages (including bonuses) are presented to the board of managers by the governance committee in special session. Following board action, a representative of the governance committee meets with the ceo to communicate the actions that were taken. The ceo meets separately with senior staff members to review their evaluations and compensation package for the coming year. This compensation is paid by a related organization.”

“At this time, the organization has not had any request to review this information. However, this information is available upon request.”

“ROUNDING 2.”