2023-08-15T11:56:50-05:00 2022-09-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2021-10-01 060662192 THE MARY WADE HOME INCORPORATED MARY 2035627222 118 CLINTON AVENUE NEW HAVEN CT 06513 DAVID HUNTER PRESIDENT & CEO 2035627222 2023-08-14 1 DAVID HUNTER 999009999 LAURA J KENNEY P00202198 6177170831 2023-08-14 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DAVID HUNTER 118 CLINTON AVENUE NEW HAVEN CT 06513 16919901 0 X WWW.MARYWADE.ORG X 1982 CT TO PROVIDE THOSE IN NEED WITH THE HIGHEST QUALITY OF SUPERVISED SKILLED NURSING, RESIDENTIAL SERVICES, HOME CARE, SOCIAL AND MEDICAL PROGRAMS IN ORDER TO MAINTAIN THE RESIDENT'S INDIVIDUALITY IN OUR DIGNIFIED, CARING, AND CONTINUALLY GROWING COMMUNITY. 17 17 346 35 0 0 3125778 2487056 12461155 14303496 11907 12506 -14136 55863 15584704 16858921 0 0 0 0 10015421 11054150 34200 43200 299425 5924388 6683231 15974009 17780581 -389305 -921660 56097732 55240235 55190137 55281581 907595 -41346 TO PROVIDE THOSE IN NEED WITH THE HIGHEST QUALITY OF SUPERVISED SKILLED NURSING, RESIDENTIAL SERVICES, HOME CARE, SOCIAL AND MEDICAL PROGRAMS IN ORDER TO MAINTAIN THE RESIDENT'S INDIVIDUALITY IN OUR DIGNIFIED, CARING, AND CONTINUALLY GROWING COMMUNITY. 0 0 11368607 11546599 PROVIDES LONG TERM CARE TO THE ELDERLY. THE PROGRAMS OFFER SKILLED NURSING SERVICES, FULL REHABILITATIVE THERAPY, AS WELL AS FOOD AND SHELTER. APPROXIMATELY 88% OF THE SERVICES ARE PROVIDED TO THE ELDERLY WHO PARTICIPATE IN THE MEDICARE AND MEDICAID PROGRAMS. 1012624 550887 ADULT DAY CARE - PROVIDES ADULT DAY CARE PROGRAMS AND TRANSPORTATION SERVICES TO A DIVERSE GROUP OF ELDERLY CONSUMERS. THE DYNAMIC NEEDS OF EACH PERSON ARE MET WITH CONTINUOUSLY EVOLVING CARE AND SERVICE. 2255185 2215061 OPERATES A RESIDENTIAL CARE FACILITY. THIS SERVICE PROVIDES FOOD AND SHELTER TO THE ELDERLY WHO CANNOT LIVE INDEPENDENTLY BUT ARE NOT IN NEED OF SKILLED NURSING CARE. 14636416 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 1 0 0 1 47 0 1 346 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X WILLIAM GINTER 2036727817 118 CLINTON AVENUE NEW HAVEN CT 06513 JOANNE MCGLOIN CHAIR 0.20 3.80 X X 0 0 0 BRUCE TOPOLOSKY VICE CHAIR 0.20 1.80 X X 0 0 0 BARBARA C ADAMS TREASURER 0.20 1.80 X X 0 0 0 JACQUELINE HENCHEL MD SECRETARY 0.20 1.80 X X 0 0 0 HAROLD S SPITZER BOARD OF TRUSTEES 0.20 1.80 X 0 0 0 MARY BETH CANAVAN BOARD OF TRUSTEES 0.60 1.40 X 0 0 0 BERNADETTE DIGIULIAN BOARD OF TRUSTEES 0.20 1.80 X 0 0 0 PATRICIA A GANUN BOARD OF TRUSTEES 0.20 1.80 X 0 0 0 ALFRED J GOLDBERG BOARD OF TRUSTEES 0.20 0.80 X 0 0 0 ROBERT KESSLER BOARD OF TRUSTEES 0.20 1.80 X 0 0 0 BRANDON MCFARLANE BOARD OF TRUSTEES 0.20 0.80 X 0 0 0 MICHELLE LEE RODRIGUEZ BOARD OF TRUSTEES 0.20 0.80 X 0 0 0 PAMELA STANTON BOARD OF TRUSTEES 0.20 0.80 X 0 0 0 BRIAN E WNEK BOARD OF TRUSTEES 0.20 1.80 X 0 0 0 NICHOLAS R NICHOLSON JR PHD BOARD OF TRUSTEES 0.20 0.80 X 0 0 0 LEN SUZIO BOARD OF TRUSTEES 0.20 0.80 X 0 0 0 STEVE WOLFSON MD BOARD OF TRUSTEES 0.20 0.80 X 0 0 0 DAVID HUNTER PRESIDENT & CEO 24.00 16.00 X 170756 113838 53339 WILLIAM GINTER CFO 30.00 10.00 X 103362 34454 27273 DOUGLAS MELANSON VICE PRES. MARY WADE HEALTHCARE 40.00 0.00 X 130222 0 29547 LISA HOTTIN DIRECTOR OF DEVELOPMENT 40.00 0.00 X 136692 0 15711 KARA TAYLOR DIR. OF CLINICAL SVCS (UNTIL 3/22) 40.00 0.00 X 133326 0 12539 674358 148292 138409 5 0 1 0 HEALTHPRO HERITAGE 536 OLD HOWELL RD GREENVILLE SC 29615 THERAPY SERVICES 491407 CAMA 31 AUDUBON ST NEW HAVEN CT 06511 CONSTRUCTION/INTERIOR DESIGN 119800 NETWORD INSTALLATION SVCS 192 N PLAINS INDUSTRIAL RD WALLINGFORD CT 06492 CONSTRUCTION/NETWORKING 107275 TOOLS4DATA 176 ROUTE 81 SUITE 4A KILLINGWORTH CT 06419 IT SERVICES 101226 4 103137 428000 1594602 361317 2487056 SKILLED NURSING FACILITY 623000 11531310 11531310 RESIDENT CARE REVENUES 623000 2221299 2221299 ADULT DAY CARE REVENUES 623000 550887 550887 14303496 9647 9647 6238 6238 0 12326 9467 2859 2859 2859 92087 103137 45275 46812 46812 MISCELLANEOUS INCOME 900099 9051 9051 9051 16858921 14312547 0 59318 358674 17934 304873 35867 85851 85851 8895096 7832225 981506 81365 131588 110603 18124 2861 878946 738774 121060 19112 703995 591723 96964 15308 71859 71859 61127 61127 43200 43200 628 628 64243 64243 333734 96814 236920 300700 150350 150350 488149 466806 21343 85680 83919 1761 614059 614059 785312 744559 40753 383733 317519 59910 6304 PATIENT CARE 1560105 1560105 CONSULTANTS & PURCHASED 1011437 784664 217216 9557 PROVIDER TAX 526362 526362 396103 396103 17780581 14636416 2844740 299425 578014 626993 154986 143619 2129861 2767079 130996 101834 186221 206414 20351405 13061577 41108351 7289828 8719940 5075237 357494 377207 64251 68606 2667618 38583418 56097732 55240235 4581470 2178857 213264 192106 42800000 45167156 119920 105917 5002059 3450621 2473424 4186924 55190137 55281581 X 776368 -152298 131227 110952 907595 -41346 56097732 55240235 -921660 -27909 628 0 X 0 1 X 1 0 X 231844 288000 1246741 3125778 2487056 7379419 13572575 14333822 13009002 12461155 14303496 67680050 134677 162955 15758 92087 405477 13939096 14784777 14255743 15602691 16882639 75464946 12225 15500 27791 68597 104625 228738 119563 5502 38192 38695 201952 131788 21002 65983 68597 143320 430690 75034256 16508 9311 143493 142401 9647 321360 16508 9311 143493 142401 9647 321360 20469 28203 9008 32846 9051 99577 13976073 14822291 14408244 15777938 16901337 75885883 0.98880 0.98930 0.00420 0.00430 X SCHEDULE A, PART III, LINE 12, EXPLANATION FOR OTHER INCOME: MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 26075016 -3351278 2428000 122032 190380 19983326 22705066 5048531 4469868 6018522 129927 26075016 21688634 2620977 1737885 3239108 103322 22705066 21669947 602786 481872 102227 21688634 20414361 1359603 104017 21669947 0.99497 0.00503 0 1 1 320191 320191 15599890 9514255 6085635 4043401 3262663 780738 387923 284659 103264 7289828 DUE TO/FROM RELATED PARTIES 1965270 START-UP COSTS 380992 DUE TO/FROM RELATED PARTIES 36237156 38583418 DEFERRED COMPENSATION 391055 OTHER 1897633 PAYCHECK PROTECTION PROGRAM 1845295 CHEFA LOAN 52941 4186924 X PART IV, LINE 2B: AT THE OPTION OF EACH RESIDENT, THE ORGANIZATION HOLDS FUNDS FOR RESIDENTS IN A SEPARATE ACCOUNT. THE RESIDENTS FUNDS ARE POOLED TOGETHER INTO ONE ACCOUNT BUT ARE NOT COMMINGLED WITH THE ORGANIZATION'S OPERATING ACCOUNT. RESIDENTS CAN REQUEST THEIR FUNDS AT ANY TIME. PART V, LINE 4: $19,879,732 OF THE ENDOWMENT IS HELD BY MW HEALTHCARE, INC., FOR THE PURPOSE OF SUPPORTING THE MARY WADE HOME, INC. THE REMAINING $103,594 IS HELD BY THE MARY WADE HOME, INC. AND IS USED TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO THE ORGANIZATION'S PROGRAMS WHILE ALSO MAINTAINING THE PURCHASING POWER OF THOSE ENDOWMENT ASSETS OVER THE LONG-TERM. PART X, LINE 2: THE COMPANY HAS ADOPTED THE ACCOUNTING INTERPRETATION REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES THAT PRESCRIBES HOW AN ENTITY SHOULD MEASURE, RECOGNIZE, PRESENT AND DISCLOSE POSITIONS THAT IT HAS TAKEN OR EXPECTS TO TAKE ON ITS TAX OR INFORMATION RETURNS. THE COMPANY ASSESSED THE IMPACT OF THIS INTERPRETATION AND DETERMINED THAT IT DOES NOT HAVE A MATERIAL IMPACT ON ITS CONSOLIDATED FINANCIAL STATEMENTS. AT SEPTEMBER 30, 2022, THE COMPANY BELIEVES THAT NO SUCH ACCRUALS ARE REQUIRED. X X X X X X X 1 THE GIVING COLLABORATIVE LLC 53 MORGAN AVE EAST HAVEN CT 06512 CONSULTING SERVICE RELATED TO IN-HOUSE FUNDRAISING 0 0 43200 0 43200 WINE DINNER 195224 103137 92087 1930 24174 19171 195224 103137 92087 1930 24174 19171 45275 46812 X X X 0 0 0 0 0 0 0 1 0 DAVID HUNTER PRESIDENT & CEO 170756 113838 0 0 0 0 18060 12040 13943 9296 202759 135174 0 0 WILLIAM GINTER CFO 95862 31954 7500 2500 0 0 3316 1105 17139 5713 123817 41272 0 0 DOUGLAS MELANSON VICE PRES. MARY WADE HEALTHCARE 120222 0 10000 0 0 0 4137 0 25410 0 159769 0 0 0 LISA HOTTIN DIRECTOR OF DEVELOPMENT 126692 0 10000 0 0 0 4188 0 11523 0 152403 0 0 0 PART I, LINE 7 DISCRETIONARY BONUSES WERE MADE IN RECOGNITION OF EXCEPTIONAL EFFORT OF THE EXECUTIVE TEAM DURING THE COVID-19 PANDEMIC. A CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20775DDE9 2019-09-26 46513616 BUILD NEW ASSISTED LIVING FACILITY AND RETIRE OUTSTANDING DEBT 0 0 0 A 200000 46513616 2925000 3089981 930272 28850333 10718030 2021 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 KARA HUNTER CHILD OF OFFICER 85851 SALARY AND BENEFITS - DIRECTOR OF MARKETING/COMMUNICATIONS 0 FORM 990, PART VI, SECTION A, LINE 3 MW HEALTHCARE, INC. PROVIDES MANAGEMENT SERVICES TO THE MARY WADE HOME, INC. AND HOLDS AND MANAGES THE ENDOWMENT ASSETS FOR THE BENEFIT OF THE MARY WADE HOME, INC. FORM 990, PART VI, SECTION A, LINE 6 MW HEALTHCARE, INC. IS THE SOLE MEMBER OF THE MARY WADE HOME, INC. AND IS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES OF MARY WADE HOME ELECTS NEW TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER, MW HEALTHCARE, INC., HAS THE RIGHT TO VOTE ON ALL MATTERS UPON WHICH MEMBERS OF A CONNECTICUT NONSTOCK CORPORATION ARE AFFORDED THE RIGHT TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT AND THEN REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER OF THE ORGANIZATION AND THE MEMBERS OF THE FINANCE COMMITTEE AND PRESENTED TO THE FULL BOARD OF TRUSTEES. A COMPLETE COPY IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S PARENT ORGANIZATION HAS A CORPORATE COMPLIANCE OFFICER WHO SENDS OUT CONFLICT OF INTEREST STATEMENTS TO ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES. ANY POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY THE CORPORATE COMPLIANCE COMMITTEE OF THE BOARD OF MANAGERS. CERTAIN RESTRICTIONS ARE PLACED ON PERSONS WITH A CONFLICT. THEY ARE PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DISCUSSIONS AND DECISIONS REGARDING THE TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE PRESIDENT & CEO PREPARES PERFORMANCE EVALUATIONS ON SENIOR STAFF, INCLUDING A SELF EVALUATION. THE PERFORMANCE EVALUATIONS ARE BASED ON DUTIES THAT ARE STATED WITHIN THE JOB DESCRIPTIONS, BENCHMARKS THAT ARE USED IN QUARTERLY DASHBOARD REPORTS (I.E. CENSUS, PAYOR MIX, STAFF TURNOVER, FINANCIAL INDICATORS, ETC.) AND ANNUAL GOALS. THE EVALUATIONS INCLUDE CURRENT ANNUAL SALARY (INCLUDING BONUSES), AND INCREASES THAT ARE RECOMMENDED TO THE COMMITTEE BY THE PRESIDENT & CEO. THE PRESIDENT & CEO MEETS WITH THE GOVERNANCE COMMITTEE TO REVIEW PERFORMANCES AND ANSWER QUESTIONS, AND SUBMITS RECOMMENDATIONS FOR SALARY INCREASES, AND/OR REASONS FOR NOT INCREASING SALARIES. THE GOVERNANCE COMMITTEE MEETS SEPARATELY WITHOUT STAFF TO DISCUSS THE EVALUATIONS AND RECOMMENDATIONS. TO ASSIST MANAGEMENT AND MEMBERS OF THE GOVERNANCE COMMITTEE IN PROVIDING A COMPARISON ANALYSIS FOR EACH POSITION, THREE HUMAN RESOURCE WAGE AND BENEFIT RESOURCES ARE UTILIZED, AS LISTED BELOW: 1.) NURSING HOME SALARY & BENEFITS REPORT, 2021-2022, PUBLISHED BY HOSPITAL & HEALTHCARE COMPENSATION SERVICE IN COOPERATION WITH LEADINGAGE, PUBLISHED JULY 2021, EFFECTIVE DATE OF DATA: MARCH 2022. 2.) CONTINUING CARE RETIREMENT COMMUNITY SALARY & BENEFITS REPORT, 2021-2022, PUBLISHED BY HOSPITAL & HEALTHCARE COMPENSATION SERVICE IN COOPERATION WITH LEADINGAGE, PUBLISHED JULY 2022, EFFECTIVE DATE OF DATA: MARCH 2022. 3.) COMPENSATION & BENEFITS SURVEY, CONDUCTED BY KARDASLARSON, LLC, A HUMAN RESOURCE CONSULTING FIRM HEADQUARTERED IN GLASTONBURY, CT. THIS REPORT WAS SPONSORED BY LEADINGAGE CONNECTICUT AND LEADINGAGE MASSACHUSETTS AND THE SURVEY INCLUDES RESULTS FROM ORGANIZATIONS IN CT AND MA. THE SURVEY WAS PUBLISHED AUGUST 2022. THE ANNUAL PERFORMANCE EVALUATIONS AND RECOMMENDATIONS FOR COMPENSATION PACKAGES (INCLUDING BONUSES) ARE PRESENTED TO THE BOARD OF TRUSTEES BY THE GOVERNANCE COMMITTEE IN SPECIAL SESSION. FOLLOWING BOARD ACTION, A REPRESENTATIVE OF THE GOVERNANCE COMMITTEE MEETS WITH THE PRESIDENT & CEO TO COMMUNICATE THE ACTIONS THAT WERE TAKEN. THE PRESIDENT & CEO MEETS SEPARATELY WITH SENIOR STAFF MEMBERS TO REVIEW THEIR EVALUATIONS AND COMPENSATION PACKAGE FOR THE COMING YEAR. THE CEO COMPENSATION IS DELIBERATED BY AND THE RESULTING DECISION IS DOCUMENTED BY THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 AT THIS TIME, THE ORGANIZATION HAS NOT HAD ANY REQUEST TO REVIEW THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS. HOWEVER, THIS INFORMATION IS AVAILABLE UPON REQUEST. MARY WADE AT HOME LLC 118 CLINTON AVENUE NEW HAVEN CT 06513 474030778 TO PROVIDE NON-MEDICAL HOME CARE SERVICES TO SENIORS CT MARY WADE HOME INC MW HEALTHCARE INC 118 CLINTON AVENUE NEW HAVEN CT 06513 270268085 OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE MARY WADE HOME, INC. CT 501(C)(3) LINE 12B, TYPE II N/A 0 MWH HOLDINGS INC 118 CLINTON AVENUE NEW HAVEN CT 06513 611403583 TITLE HOLDING CORPORATION FOR A NON-FOR-PROFIT CORPORATION CT 501(C)(2) N/A MW HEALTHCARE INC 1 MARY WADE RESIDENCE INC 118 CLINTON AVENUE NEW HAVEN CT 06513 821367321 OPERATE MEMORY CARE AND ASSISTED LIVING FACILITIES FOR THE FRAIL ELDERLY CT 501(C)(3) LINE 10 MW HEALTHCARE INC 1 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 0 0 1 0 MWH HOLDINGS INC K 60000 COST MARY WADE RESIDENCE INC R 33806572 COST MARY WADE RESIDENCE INC E 35237156 COST MARY WADE RESIDENCE INC E 1000000 COST MARY WADE RESIDENCE INC O 1543938 COST