Everett Transitional Care Services

“Bethany of the northwest is the managing partner for everett transitional care services (etcs). Bethany provides management services, accounting services and hr services to etcs. Denney austin is compensated by bethany of the northwest. 50% of his salary is allocated to everett transitional care services, where he serves as the administrator/director. A total of $114,845 was allocated from bethany to etcs for costs related to the administrator.”

“The corporate members are ph&s-wa, dba providence regional medical center everett, and bethany of the northwest.”

“The directors (including those appointed by each member) shall be elected by the members at the annual members' meeting each year. If, for any cause, the directors are not elected at an annual members' meeting, they may be elected by the directors at the board annual meeting, next regular meeting, or a special meeting.”

“The following matters require unanimous agreement by the corporate members: sale of all or substantially all of the assets, merger, consolidation or affiliation, dissolution and liquidation, amendment of the articles of incorporation or the bylaws, change of name of the corporation, and any change in the nature or purpose of the corporation's business.”

“The form 990 is prepared by external tax advisors and reviewed by internal staff. An electronic copy of the form 990 is emailed to the entire board prior to filing with the irs.”

“Since everett transitional care services is a joint venture between providence regional medical center everett and bethany of the northwest, its conflict of interest policy mirrors that of the two entities. All board members are subject to annual disclosure requirements. Any potential conflicts are addressed at quarterly management and/or board meetings. If a conflict is found the individual will recuse themselves from voting or discussing those particular matters. Conflicts are also considered when any major contracts are under consideration.”

“The employees are compensated by related organizations which use a market based compensation program utilizing several independent third party compensation market surveys to establish pay ranges for the position. The related organization then establishes the individual rate of pay within the pay range based on relevant experience, skills and competencies. The rate offered to the administrator at the time of hire was determined by the human resources department of bethany of the northwest. The ranges and rate of pay are reviewed on an annual basis by the human resources department. The date of the last compensation review was 04/30/2014.”

“Everett transitional care services' policy statements can be requested from the business office of providence regional medical center everett. Copies of the annual form 990 are available upon direct request to the business office or available on the guidestar website.”

“There are eight volunteer board members that served during the year.”

“Distributions paid to providence everett medical center -150,000. Distributions paid to bethany of the northwest -150,000. Bad debt recovery 4,389.”