Colorado Visiting Nurse Association

“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 the hospice of metro denver, 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.”

“Colorado visiting nurse association'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.”

“All board members affirm they are compliant with the conflict of interest policy by completing an independence questionnaire certification on an annual basis. If any conflicts arise during the year, the board members recuse themselves on voting on any actions pertaining to the conflict.”

“The president's compensation is set by the board of directors. The board used survey data from other homecare and hospice organizations to determine the appropriate compensation level. The procedure by which the president's compensation is set is documented in an internal compensation policy and any future adjustments to the president's compensation will be in accordance with the policy. The organization has maintained the appropriate documentation with respect to the compensation arrangement. The compensation levels for other officers and key employees of the organization are also set in accordance with this policy. Salary ranges are established by a compensation committee, which includes approval by the president. The salary ranges are based on survey data from similarly situated organizations. The organization has maintained the appropriate documentation with respect to the compensation arrangements for its other employees. Compensation levels of officers who are paid by a related tax-exempt organization, is determined by the executive committee of the board of directors for care synergy, the related tax-exempt organization, who functions as the compensation committee to determine compensation levels of those officers and key employees. They engage an independent third-party compensation and benefits consultant to conduct a market analysis of compensation and benefits for all top management and top financial officials 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 and financial officials are approved by the executive committee of the care synergy board of directors and documented in the committee minutes.”

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

“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 colorado visiting nurse association, 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.”

“Change in beneficial interest in assets held by community foundation 5,983.”