Hospice of the Valley

“Pursuant to the bylaws, the board of directors, by resolution adopted by a majority of the full board, may designate an executive commmittee consisting of the corporation's immediate past president, president, vice president, and such other directors designated by the board of directors. One of the members of the executive committee shall be designated as chairman of the executive committee. To the extent provided in such resolution, the executive committee shall have and may exercise all the authority of the board of directors, with some exceptions, as provided in the organization's bylaws.”

“Hospice of the valley retains an independent tax advisor to assist management in the preparation and review of its irs form 990. Prior to filing the return, management reviews the return and all required schedules with representatives of the finance committee of the board of directors. These finance committee members are provided the form 990 for closer review and allowed a period for comments. Copies of form 990 are made available to the members of the board of directors prior to filing with the irs.”

“Annually, each officer, director, trustee, and key employee is provided the conflict of interest policy. They, in turn, report any activity or relationship that could give rise to any actual or potential conflict of interest. The executive director and controller review the conflict of interest forms to determine if there are any actual or potential conflicts. If any are identified, that information is shared with the board president and the respective individual is excluded from voting on any issues related to their conflict.”

“The executive committee of the board of directors receives industry compensation data from hospice of the valley's human resources department based on salary surveys conducted by outside organizations. In addition, they utilize salary data from the 990's of other comparable hospices for comparative purposes. Based on their review, the executive committee determines the salary for the executive director. This process was last completed in 2024.”

“The process for the determination of compensation for other officers and key employees includes the review of comparable data from outside organizations and the substantiation of the deliberation and decision. The executive director communicates compensation decisions for other officers and key employees to the president of the board of directors for review prior to finalization. This is an ongoing process as officer and key employee review dates vary.”

“The organization's articles of incorporation are filed with and are viewable by the public at the official website of the arizona corporation commission. Bylaws and conflict of interest policy are not made available to the public. The organization is required to file its consolidated audited financials with its annual medicare cost report and with the uniform accounting report to the state of arizona. This information is subject to public records request. Hospice of the valley provides financial statements upon request.”

“1,409 volunteers contributed over 147,000 hours to 25,000 patients and their families. Volunteer hours are also used to educate the public and help with fundraising activities.”

“(Expenses $ 7,745,480 including grants of $ 65,795)(Revenue $ 10,918,755) HOSPICE OF THE VALLEY OFFERS A WIDE RANGE OF SERVICES DESIGNED TO MEET THE CARE NEEDS OF PATIENTS, CAREGIVERS, AND THE COMMUNITY. HOSPICE OF THE VALLEY'S PRIVATE DUTY PROGRAM PROVIDES HOSPICE SERVICES TO PATIENTS OR FAMILIES WHO MAY REQUEST ADDITIONAL HOURS OF CLINICAL CARE BEYOND THE PRESCRIBED PLAN OF CARE. THE DEMENTIA CARE AND EDUCATION CAMPUS PROVIDES A FULL SPECTRUM OF CARE OPTIONS FOR PATIENTS AND THEIR CAREGIVERS AT ALL STAGES OF DEMENTIA AND INCLUDES AN EDUCATION CENTER, ASSISTED LIVING FACILITY, AND ADULT DAY CLUB. IN ADDITION, HOSPICE OF THE VALLEY PROVIDES ADMINSTRATIVE SERVICES TO RYAN HOUSE, A NOT-FOR-PROFIT IN PHOENIX ARIZONA AND RECEIVES A FEE FOR SUCH SERVICES. HOSPICE OF THE VALLEY ALSO HAS FOUR THRIFT STORES. 100% OF THRIFT STORE NET PROCEEDS SUPPORT OUR VARIOUS PROGRAMS. ADDITIONALLY, THE NURSE CALL LINE CONTRACTS WITH COMMUNITY HOSPITALS TO PROVIDE PHONE SUPPORT TO PATIENTS RECENTLY DISCHARGED.”

“Net asset transfers - -9910609; book/tax difference from s-corp investments - -25291;”