Hospice of Marion County Foundation Inc

“The organization's top management official is the president and ceo of empath-stratum, inc. (esi), a related organization. The ceo's compensation is determined by and paid for by esi. The executive committee of the esi board meets annually to review and approve the compensation of the president and ceo. The executive committee's review of ceo compensation includes information provided in the most recent external compensation review. The compensation of the organization's other officers is also determined by esi. The compensation of other officers is reviewed on an annual basis by the ceo of esi. After reviewing officer compensation, the ceo's recommendations are then approved by esi's board of directors. These reviews are documented in each employee's file. The review of other officers' compensation includes information provided in the most recent external compensation review. External compensation reviews are performed according to the following process: every 3-5 years human resources will employ a well-recognized, independent compensation consultant to review the market ranges for the ceo of esi. The review will include a national comparison of similar jobs at similarly situated companies in order to make certain that these key employees are paid within a reasonable and appropriate range. The resulting recommendations will be reviewed by the executive committee to recommend any market-based changes or to ensure that the current compensation of these individuals are correct. During this review, human resources will also give the executive committee a broad overview of the structure of the full organization's compensation system, including the philosophy and systems set in place to manage it.”

“Pursuant to the organization's governing documents, the organization s voting members shall be determined by the board of directors of the hospice of marion, inc. (hmc), a related tax-exempt organization.”

“The board of directors of the hospice of marion county (hmc) has the right to approve or ratify significant decisions of the organization's governing body. The board of directors of the hospice of marion county foundation, inc. Shall not have the authority to make significant decisions without the approval of the hmc board. Significant decisions include, but are not limited to: the right to amend, repeal or alter their governing documents; and remove any director of the foundation, at any time, with such removal being effective immediately upon the determined date.”

“The form 990 is reviewed in detail by management. It is also provided to the audit committee for review, and a copy is distributed to every member of the governing body prior to filing.”

“The organization's conflict of interest policy requires that officers, directors and key employees disclose conflicts of interest annually. The disclosures are made via conflict of interest questionnaires which are reviewed by the executive assistant to the ceo. Any disclosures are brought to the attention of the ceo who then ensures that anyone with an actual or potential conflict of interest refrains from discussions or voting on issues related to the conflict.”

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

“Forms w-2 are issued on the organization's behalf by empath payroll services, llc (ein: 30-1156190) a disregarded entity of empath health, inc., a related organization.”

“Change in charitable remainder trust receivable - 45831;”

“Oversight of audit and selection of independent accountant: the audit committee is responsible for the selection, monitoring and evaluation of an independent audit firm and oversight of the audit of its financial statements.”