Hospice of Metro Denver Inc

“The executive committee shall be comprised of the chair, the vice-chair, the secretary, the treasurer, the ceo of care synergy and up to three at-large members drawn from the board. The executive committee may transact any business of the organization that would normally require approval of the board (except as set forth below) between regularly scheduled meetings of the board only if the business at hand is of such urgent nature as to reasonably require action prior to the next regularly scheduled meeting of the board and a quorum of the board cannot reasonably be assembled. Notwithstanding the preceding, the executive committee shall not have the authority to approve any of the following actions: (a)nomination of individuals to serve as director of the board; (b) any amendment to the articles or bylaws of the organization; (c) removal of a director of the organization with or without cause; or (d) approval of the organization's strategic plan.”

“The chief executive officer and chief financial officer are officers of and employed by care synergy, a related exempt organization. These individuals are also officers of colorado visiting nurse association, pikes peak hospice and palliative care, and pathways hospice. Therefore, business relationships exist between these individuals.”

“Care synergy, a related exempt organization, performed executive management services including finance and accounting, payroll, information technology, human resources, quality management, compliance, high level risk management, and group contracting services. See form 990, part vii for compensation paid by the related management company.”

“Hospice of metro denver's sole member is care synergy, a colorado nonprofit corporation.”

“The member, care synergy has the power to elect and remove directors of the organization.”

“The form 990 is initially reviewed by the controller and the chief financial officer. After the initial review has been completed, a final copy is given to the full board of directors for their review prior to filing with the irs.”

“The conflict of interest policy is reviewed annually by the board of directors. Each member of the board of directors and senior management is asked to complete an independence questionnaire to disclose any business ventures, ownership interests or services that could create a conflict of interest. The existence of any potential conflict of interest shall be disclosed to board of directors, who shall determine whether a conflict of interest exists. 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. The remaining board or committee members shall decide if a conflict of interest exists. In the event a conflict of interest does exists, an interested person may make a presentation to the governing board or committee, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the conflict of interest. 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 arrangement. After exercising due diligence, the governing board or committee shall determine whether the organization 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. 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 the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conforming with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement.”

“The executive committee of the board of directors for care synergy, a related tax-exempt organization, functions as the compensation committee. They engage an independent third-party compensation and benefits consultant to conduct a market analysis of compensation and benefits for all top management of the organization. The analysis includes comparisons of similarly sized hospice and other healthcare organizations. The consulting firm also evaluates the reasonableness of executive compensation from an intermediate sanctions perspective. Any compensation or benefit changes for top management are approved by the executive committee of the care synergy board of directors and documented in the committee minutes.”

“Documents are available upon request. Request forms are available at the front desk and can be requested in person or over the phone.”

“The compensation paid to the chief executive officer and the chief financial officer is paid for by care synergy, a related tax-exempt organization. In addition to providing services to hospice of metro denver, inc., top management officials listed above also provide services in their respective positions to other related tax-exempt organizations. The amounts reported on form 990, part vii, section a represent compensation and benefits paid to these individuals for their services to the filing organization as well as other tax-exempt organizations.”