Children'S Health Ventures Inc

“Visiting nurse association health group, inc. (group) is the sole corporate member of the organization. As such, the group elects members of the governing body of the organization and approves decisions of the governing body. Certain members of the governing body are officers, trustees or consultants of other health care organizations and may have business or family relationships among themselves.”

“The organization has entered into a management services agreement with visiting nurse association health group, inc. To perform certain management duties. Such services include, among other items, the preparation of annual budgets; the execution and implementation of all policies and directives of the board; the establishment of rates and charges for services rendered; the maintenance of all proper and appropriate books and records regarding the business and operations; the payment of all bills for services rendered to the organization; the issuance of all bills for services rendered; the provision of all general administrative services; the proper maintenance and implementation of all necessary and appropriate payroll and human resource records; the provision of financial and other reports with respect to the operations of the organization; and the timely preparation and submission of cost reports, tax returns and other such filings and submissions as may be required under applicable law.”

“The board of trustees of the organization has delegated responsibility for reviewing the form 990 to the audit committee of the organization. Prior to the final completion of the form, a copy of the 990 was reviewed by the audit committee of the organization and provided to the board of trustees.”

“The organization has a conflict of interest policy in place to address any and all conflicts that arise, are reported or are otherwise discovered. On an annual basis, all members of the board of trustees along with all members of the management team and certain other employees are provided a current copy of the policy and are also required to complete a conflict of interest questionnaire. These questionnaires are reviewed by the president/ceo and chief compliance officer to identify the number, magnitude and nature of all disclosed conflicts. Any conflicts are then referred to the board of trustees for discussion and resolution.”

“Vna health group, inc. (group), the sole corporate member of the organization, has a compensation committee of the board of trustees that is responsible for reviewing and approving the compensation of the ceo and all vice presidents of the group and its affiliated organizations. On an annual basis, this committee reviews the total compensation levels for each executive. In addition, industry compensation comparisons are made based upon data provided by various sources including periodic independent third party consultant reviews.”

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

“THE ORGANIZATION HAS DELEGATED RESPONSIBILITY FOR REVIEWING THE form 990 TO THE AUDIT COMMITTEE OF VISITING NURSE ASSOCIATED HEALTH GROUP, INC AND AFFILIATES. PRIOR TO THE FINAL COMPLETION OF THE FORM, A COPY OF THE 990 WAS REVIEWED BY THE AUDIT COMMITTEE AND PROVIDED TO THE BOARD OF TRUSTEES.”

“Based on the instructions to form 990, the organization believes that part iv, question 28 can be answered no, and that the organization does not need to complete schedule l, part iv.”

“Description:consulting total fees:379126”