Teleios Collaborative Network

“Through September 2019, the organization's top management official was compensated by Four Seasons Compassion for Life, a related organization. Effective October 2019, the organization's top management official is compensated by the filing organization. the Organization's compensation committee reviews and discusses the CEO's performance on an annual basis and considers compatibility data when determining CEO compensation. These discussions are contemporaneously documented. this process was last undertaken during the fiscal year ended September 30, 2022.”

“There shall be an executive committee, consisting of the corporation's officers and two non-officer board members who may be designated by a board supermajority. provided that at least two members of the executive committee are affiliated with member of the founders class. The CEO shall serve as an ex-officio, non-voting member of the executive committee. the Executive committee shall have and may exercise, in the interim between meetings of the board, and except as otherwise provided in the bylaws, all the powers of the board. Actions taken by the executive committee shall be reported to the board at its next meeting following such actions.”

“The Organization has six classes of members with varying rights for appointing members to the organization's governing body. (1) Founding members: As the original founding members, the following organizations are each permitted to appoint three members to the board of directors of Teleios Collaborative Network (TCN): -Four Seasons Compassion for Life -Palliative Care Center & Hospice of Catawba Valley Inc (2) Co-founding members: as co-founders, the following organizations are each permitted to appoint one member to the board of directors of TCN. Additionally, amongst the co-founders, one more director may be appointed to TCN's Board of Directors. -Caldwell Hospice and Palliative Care Inc -Mountain Valley Hospice & Palliative Care (3) Class A Members: Each Class A member is permitted to appoint one member to the board of directors of TCN: -University of North Carolina Health Care System (4) Class B members: as Class B members, the following organizations are permitted to collectively nominate one member to represent Class B on the board of directors: -Hospice of Rockingham County Inc -Hospice of Yancey County Inc -Hospice of Stanly County Inc (5) Class C members: there are no Class C members of TCN during FYE 9/30/2024. (6) Associate Members: as Associate members, the following organizations receive services from TCN but are not permitted to appoint any members to the TCN board of directors: -Hospice of Acadiana Inc -Hospice of Baton Rouge -Carolina Community Care Inc DBA Hospice & Community Care -Community Healthcare of Texas”

“See Narrative to form 990, part VI, Line 6”

“The form 990 is prepared by an independent accountant with assistance and oversight by management. A copy of the form 990 is made available to all members of the board of directors prior to submission to the IRS.”

“In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. The following procedure will be followed to determine if a conflict of interest exists: 1. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. 2. The Chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or agreement. 3. After exercising due diligence, the governing board or committee shall determine whether TCN can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. 4. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in TCN's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination TCN shall make its decision as to whether to enter into the transaction or arrangement.”

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

“CONTRACT SERVICES - Total Expense: 718650, Program Service Expense: 538988, Management and General Expenses: 179662, Fundraising Expenses: ;”