HASC is pleased to partner with TriscendNP to offer its CAP-Ex program.

Guided by a socially responsible approach to retention planning, CAP-Ex is an alternative type of executive benefit program that returns all funding dollars of the plan, which may include interest, back to the organization. By doing so, it essentially transforms an executive benefit expense into a growing asset, while delivering winning results to the executive, organization and community. It is reported on Form 990 as an interest-bearing loan on Schedule L, not as a compensation expense on Schedule J.

The increased demands for transparency are making hospitals more accountable to the communities they serve, which is driving more equitable outcomes for all stakeholders. HASC believes the CAP-Ex program will become the preferred alternative to traditional retirement funding. It features better book treatment and greater flexibility to retain top talent alongside a sustainable business practice that encourages financial security for years to come.

Visit the firm’s website at www.triscendnp.com.

Contact: Teri Hollingsworth

(213) 538-0763, thollingsworth@hasc.org