Holy Cross Senior Services Inc

“The sole member of holy cross senior services is holy cross hospital. See line 7 for additional information.”

“Holy cross hospital is the sole member of holy cross senior services. Holy cross hospital has the right to appoint all persons to the board of directors of holy cross senior services.”

“As sole member, holy cross hospital must approve certain decisions of the governing body, including the strategic plan, annual capital plan, and annual rolling budget. Holy cross hospital must also approve significant changes such as a merger, dissolution, sale of assets in excess of certain limits, and modifications to governing documents. As the parent of the national trinity health system, certain powers are reserved to trinity health corporation. These include the authority to adopt or modify the organization's governing documents, to approve major changes such as a merger or dissolution, and to approve significant finance matters in excess of certain limits established by trinity health corporation.”

“Line 8b is answered "no" because holy cross senior services had no committees with authority to act on behalf of the governing body.”

“Prior to filing, the form 990 for holy cross senior services is reviewed by management. Each member of the board receives a digital copy of the return in its final form before it is filed with the internal revenue service.”

“Holy cross senior services has adopted trinity health's governance policy no. 1, which sets forth the organization's conflict of interest policy and processes. It applies to all "interested persons" of holy cross senior services, which includes directors, principal officers, key employees. Interested persons are expected to discharge their duties in a manner the person reasonably believes to be in the best interests of holy cross senior services and to avoid situations involving a conflict of interest. On an annual basis, interested persons are required to complete a conflict of interest disclosure statement and to affirm their receipt of the conflict of interest policy, compliance with its requirements, and agree to notify the organization of changes impacting their annual disclosure in accordance with the policy. The annual disclosures are provided to the integrity and compliance officer, who collaborates with internal legal counsel to assess the conflict and identify a conflict management plan when necessary. Additionally, the integrity and compliance officer along with legal counsel prepares a report for the board chair and ceo. A summary of potential conflicts is reviewed with the board of directors of holy cross senior services on a yearly basis. Interested persons are required to make full disclosure to holy cross senior services of any financial or business interests that might result in or have the appearance of a conflict of interest. The board of directors of holy cross senior services is responsible for the review of transactions to determine whether an actual conflict of interest exists. In the event of an actual conflict, the board will either avoid the conflict or appropriately scrutinize the transaction to ensure it is in the best interests of holy cross senior services. Interested persons are required to recuse themselves from discussion and voting on matters involving a conflict of interest. The policy further addresses the proper documentation of the proceedings and potential disciplinary and corrective action for violations of the policy. The policy is available to the public upon request.”

“Questions 15a and 15b are answered "no" because the compensation for certain officers and key management officials of holy cross senior services is established and paid by trinity health, a related organization. In establishing ceo and cfo compensation, trinity health follows a process and policy that is intended to mirror the irc section 4958 guidelines for obtaining a "rebuttable presumption of reasonableness" with regard to compensation and benefits. As part of that process, the compensation and benefits of the ceo and cfo of holy cross senior services are reviewed at least annually by the trinity health board or the trinity health human resources and compensation committee (hrcc) of the board, authorized to act on behalf of the board with respect to certain compensation matters. As part of its review process, the hrcc retains an independent firm experienced in compensation and benefit matters for not-for-profit health care organizations to advise it in the determinations it makes on the reasonableness of proposed compensation and benefits arrangements. For other executives who are not part of the rebuttable presumption process, trinity health uses a market analysis to determine the appropriateness of the executive's compensation.”

“Holy cross senior services is a subsidiary organization in the trinity health system. Trinity health makes certain of its key documents available to the public on its website, www.trinity-health.org, in the "about us" section. In this section, the consolidated audited financial statements are publicly available. Holy cross senior service's governing documents and conflict of interest policy are available upon request.”

“Equity transfers from affiliates 331,236.”

“Holy cross senior service's financial statements were included in the fy24 consolidated financial statements of trinity health, which were audited by an independent public accounting firm.”