| Return Reference | Explanation |
|---|---|
| FORM 990, PART I, LINE 1 AND PART III, LINE 1 | B.C.P., INC. ("BCP") IS ORGANIZED AND OPERATED TO PROVIDE CHARITABLE HOME HEALTH CARE SERVICES. SUCH CHARITABLE HOME HEALTH CARE SERVICES INCLUDE PROVIDING NURSING CARE AFTER INJURY, ILLNESS, OR SURGERY; CARE FOR NEEDS RELATED TO A CHRONIC CONDITION; PHYSICAL THERAPY FOR IMPROVING FUNCTION THROUGH THERAPEUTIC EXERCISE, BALANCE AND COORDINATION TRAINING AND EDUCATION, SPEECH LANGUAGE PATHOLOGY FOR EVALUATING AND TREATING COMMUNICATION AND SWALLOWING PROBLEMS; OCCUPATIONAL THERAPY FOR IMPROVING MOTOR SKILLS AND REASONING ABILITIES, OR TO COMPENSATE FOR PERMANENT LOSS OF FUNCTION; ASSISTIVE CARE (HOME HEALTH AIDE SERVICES) SUCH AS BATHING, DRESSING, AND MEDICATION REMINDERS, MEDICAL SOCIAL WORK SUCH AS MENTAL AND SOCIAL ASSESSMENTS; AND CONNECTING CLIENTS AND FAMILIES TO COMMUNITY. BCP'S PURPOSE IS TO HELP PEOPLE HAVE A SAFE HOME LIFE WITH COMFORT, INDEPENDENCE, AND DIGNITY. BCP WILL PROVIDE THE HIGHEST QUALITY HOME HEALTH CARE SERVICES INCLUDING NURSING, REHABILITATIVE, AND THERAPEUTIC CARE. |
| FORM 990, PART VI, SECTION A, LINE 6 | BAYADA HOME HEALTH CARE, INC. IS THE SOLE MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 7a | BAYADA HOME HEALTH CARE, INC. ELECTS THE MEMBERS OF THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 7b | APPROVAL OF MEMBERS IS NEEDED FOR THE FOLLOWING DECISIONS: 1. APPOINTMENT OR REMOVAL OF ALL DIRECTORS. 2. ANY MERGER, DISSOLUTION OR LIQUIDATION OF THIS ORGANIZATION. 3. ANY AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS. 4. SALE, PLEDGE OR LEASE OF SUBSTANTIALLY ALL OF THE REAL PROPERTY OR OTHER TRANSFER OF ASSETS OTHER THAN IN THE ORDINARY COURSE OF BUSINESS. 5. ADOPTION OF THE ORGANIZATION'S ANNUAL CAPITAL AND OPERATING BUDGETS. 6. CHANGES IN THE SCOPE OF THE MISSION OR ACTIVITIES. 7. INSURANCE OF ANY THIRD PARTY INDEBTEDNESS. 8. ADOPTION OF INVESTMENT AND SPENDING POLICIES. 9. ANY CONTRACT FOR PROVIDING FOR THE MANAGEMENT OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION B, LINE 11b | THE INFORMATION TO PREPARE THE FORM 990 IS GATHERED BY FINANCE STAFF AND PROVIDED TO ITS ACCOUNTING FIRM WHO PREPARES THE RETURN. SENIOR MANAGEMENT THEN REVIEWS THE RETURN PRIOR TO FILING. THE FORM 990 IS ALSO MADE AVAILABLE TO THE BOARD OF TRUSTEES PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH OFFICER OR MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS SHALL EXECUTE AND DELIVER TO THE CORPORATE SECRETARY AN ANNUAL QUESTIONNAIRE AND DISCLOSURE STATEMENT DETAILING THE FACTS RELATING TO ANY ACTUAL OR POTENTIAL FINANCIAL INTEREST IN ANY PROPOSE CONTRACT OR OTHER TRANSACTION INVOLVING B.C.P.. THE CORPORATE SECRETARY SHALL THEN PREPARE AN ANNUAL RELATED PARTY TRANSACTIONS AND CONFLICT OF INTEREST SCHEDULE . THIS SCHEDULE IS PRESENTED TO THE FINANCE & AUDIT COMMITTEE FOR ITS REVIEW AND ACKNOWLEDGEMENT, WITH THE COMMITTEE PROVIDING GUIDANCE AS TO WHETHER ANY TRANSACTION WARRANTS FURTHER ACTION BY MANAGEMENT. IF ANY OFFICER HAS A FINANCIAL INTEREST IN ANY PROPOSED CONTRACT OR OTHER TRANSACTION INVOLVING B.C.P., THE OFFICER MUST DISCLOSE THE FINANCIAL INTEREST TO THE BOARD OR COMMITTEE AUTHORIZING THE CONTRACT OR TRANSACTION. THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE FINANCIAL INTEREST CONSTITUTES A CONFLICT OF INTEREST. AN OFFICER WHO HAS A CONFLICT OF INTEREST MAY ANSWER QUESTIONS OF THE BOARD OR COMMITTEE CONSIDERING THE CONTRACT OR TRANSACTION THAT INVOLVES THE CONFLICT. HOWEVER, AFTER ANSWERING QUESTIONS, THE OFFICER SHALL LEAVE THE MEETING DURING THE DISCUSSION OF THE MERITS OF THE CONTRACT OR TRANSACTION AND SHALL NOT VOTE ON THE CONTRACT OR OTHER TRANSACTION |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION PAID TO OFFICERS AND KEY EMPLOYEES OF RELATED ORGANIZATION AND THE HIGHEST COMPENSATED EMPLOYEES OF B.C.P., INC IS DETERMINED AFTER AN ANALYSIS OF A QUALIFIED INDEPENDENT COMPENSATION CONSULTING FIRM TO REVIEW AND OPINE ON THE REASONABLENESS OF THEIR COMPENSATION IN VIEW OF COMPARABLE DATA. THE REVIEW AND APPROVAL OF SUCH COMPENSATION ARE APPROPRIATELY DOCUMENTED IN THE MINUTES OF THE BOARD OR PEOPLE AND LEADERSHIP COMMITTEE PURSUANT TO CODE SECTION 4958 AND TREASURY REGULATIONS SECTION 53.4958-6. |
| FORM 990, PART VI, SECTION C, LINE 19 | B.C.P., INC. WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. |
| FORM 990, PART XI, LINE 9 | DISTRIBUTION TO MEMBER IN CONSIDERTION OF HAWAII NON-PROFIT LAW $ (5,700,000) |
| FORM 990, PART XII | THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY AND OVERSIGHT FOR THE ANNUAL AUDIT. THIS PROCESS HAS NOT CHANGED IN THE CURRENT YEAR. |
| 2024 TAX YEAR | THE TAXPAYER, IN ITS EXEMPTION APPLICATION AND ITS INITIAL FORM 990, INCLUDED AN ELECTION UNDER TREASURY REGULATIONS SECTION 1.441-2 TO ELECT A 52-53 WEEK TAX YEAR THAT ENDS ON THE SUNDAY CLOSEST TO DECEMBER 31ST. THIS TAX YEAR MATCHES THE TAXPAYER'S ACCOUNTING PERIOD. UNDER THIS ELECTION, THE TAXPAYER'S TAX YEAR IS JANUARY 1, 2024 THROUGH DECEMBER 29, 2024. THE TAXPAYER IS UNABLE TO ELECTRONICALLY FILE THIS RETURN BECAUSE ITS TAX YEAR DOES END ON THE LAST DAY OF A MONTH. AS A RESULT, THE TAXPAYER'S FINANCIAL INFORMATION IS REPORTED BASED UPON ITS 52-53 WEEK ACCOUNTING PERIOD. BUT, IN ORDER TO BE ABLE TO ELECTRONICALLY FILE THIS RETURN, THE HEADING REPORTS THE TAX YEAR AS THE 2024 CALENDAR YEAR. |
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