2022-08-03T10:25:27-05:00 2021-09-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2020-10-01 270268085 MW HEALTHCARE INC MWHE 2035627222 118 CLINTON AVENUE NEW HAVEN CT 06513 DAVID HUNTER CEO 2035627222 2022-07-28 1 DAVID HUNTER 999009999 LAURA J KENNEY P00202198 6177170831 2022-07-28 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DAVID V HUNTER 118 CLINTON AVENUE NEW HAVEN CT 06513 9986296 0 X N/A X 2009 CT 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. 16 16 0 16 0 0 0 0 0 0 1050155 1568792 0 0 1050155 1568792 0 400000 0 0 177659 176480 0 0 0 97185 111392 274844 687872 775311 880920 22602725 26030400 312923 0 22289802 26030400 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. 0 0 576480 400000 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. 576480 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X WILLIAM GINTER 2036727817 118 CLINTON AVENUE NEW HAVEN CT 06513 HAROLD S SPITZER CHAIR 3.20 0.80 X X 0 0 0 JOANNE MCGLOIN VICE CHAIR 1.60 0.40 X X 0 0 0 JACQUELINE HENCHEL MD SECRETARY 1.60 0.40 X X 0 0 0 BARBARA C ADAMS TREASURER 1.60 0.40 X X 0 0 0 MARY BETH CANAVAN BOARD OF TRUSTEES 0.60 0.40 X 0 0 0 BERNADETTE DIGIULIAN BOARD OF TRUSTEES 0.60 0.40 X 0 0 0 PATRICIA A GANUN BOARD OF TRUSTEES 1.60 0.40 X 0 0 0 ALFRED J GOLDBERG BOARD OF TRUSTEES 1.60 0.40 X 0 0 0 ROBERT KESSLER BOARD OF TRUSTEES 1.60 0.40 X 0 0 0 BRANDON MCFARLANE BOARD OF TRUSTEES 0.60 0.40 X 0 0 0 MICHELLE LEE RODRIGUEZ BOARD OF TRUSTEES 0.60 0.40 X 0 0 0 PAMELA STANTON BOARD OF TRUSTEES 0.60 0.40 X 0 0 0 BRUCE TOPOLOSKY BOARD OF TRUSTEES 0.60 0.40 X 0 0 0 BRIAN E WNEK BOARD OF TRUSTEES 0.60 1.40 X 0 0 0 NICHOLAS R NICHOLSON JR PHD BOARD OF TRUSTEES 0.60 0.40 X 0 0 0 LEN SUZIO BOARD OF TRUSTEES 0.60 0.40 X 0 0 0 DAVID HUNTER PRESIDENT & CEO 15.00 25.00 X 109772 164657 39384 WILLIAM GINTER CFO 9.00 31.00 X 32644 97933 27382 142416 262590 66766 1 0 1 0 0 99164 99164 9887132 8417504 1469628 1469628 1469628 1568792 0 0 1568792 400000 400000 176480 176480 4996 4996 106396 106396 687872 576480 111392 0 22601725 25942159 1000 88241 22602725 26030400 312923 0 312923 0 X 22289802 26030400 22289802 26030400 22602725 26030400 880920 2859678 0 X 0 1 X 1 0 X X X 1 MARY WADE HOME INC 060662192 10 1 400000 0 1 400000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22601725 4028470 400000 181640 106396 25942159 21597559 1719010 621476 93368 22601725 21582312 599010 481872 101891 21597559 20332255 1353732 103675 21582312 18654327 1774094 96166 20332255 1.00000 0.00000 0.00000 0 0 0 X PART V, LINE 4: HISTORICALLY, PRIOR TO FY 2021 THE BOARD DESIGNATED FUNDS AT MW HEALTHCARE HAVE BEEN USED EXCLUSIVELY FOR CAPITAL ACQUISITIONS, CORPORATE EXECUTIVE ALLOCATIONS AND STRATEGIC INITIATIVES. IN OCTOBER 2020, THE BOARD OF TRUSTEES, UPON INVESTMENT COMMITTEE RECOMMENDATION, APPROVED A 2% SPEND POLICY (BASED ON 20 TRAILING QUARTER AVERAGE ASSET VALUE) TO OFFSET MEDICAID PAYMENT SHORTFALLS. 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, 2021, THE COMPANY BELIEVES THAT NO SUCH ACCRUALS ARE REQUIRED. 1 THE MARY WADE HOME INCORPORATED 118 CLINTON AVENUE NEW HAVEN CT 06513 060662192 501(C)(3) 400000 TO SUPPORT THE MARY WADE HOME 1 0 PART I, LINE 2: MW HEALTHCARE INC. IS SET UP TO SUPPORT THE MARY WADE HOME. THEREFORE ALL FUND TRANSFERS ARE FOR THE SOLE USE OF THE MARY WADE HOME INCORPORATED. X X X 0 0 0 0 0 0 0 0 0 DAVID HUNTER PRESIDENT & CEO 109772 164657 0 0 0 0 0 0 15754 23630 125526 188287 0 0 WILLIAM GINTER CFO 32644 97933 0 0 0 0 0 0 6846 20536 39490 118469 0 0 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 FINANCE COMMITTEE OF THE BOARD OF MANAGERS. THE FINANCE COMMITTEE THEN REPORTS TO THE FULL BOARD. 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 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 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 CEO. THE 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, 2020-2021, PUBLISHED BY HOSPITAL & HEALTHCARE COMPENSATION SERVICE IN COOPERATION WITH LEADINGAGE, PUBLISHED JULY 2021, EFFECTIVE DATE OF DATA: MARCH 2021. 2.) CONTINUING CARE RETIREMENT COMMUNITY SALARY & BENEFITS REPORT, 2020-2021, PUBLISHED BY HOSPITAL & HEALTHCARE COMPENSATION SERVICE IN COOPERATION WITH LEADINGAGE, PUBLISHED JULY 2021, EFFECTIVE DATE OF DATA: MARCH 2021. 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 2021. THE ANNUAL PERFORMANCE EVALUATIONS AND RECOMMENDATIONS FOR COMPENSATION PACKAGES (INCLUDING BONUSES) ARE PRESENTED TO THE BOARD OF MANAGERS BY THE GOVERNANCE COMMITTEE IN SPECIAL SESSION. FOLLOWING BOARD ACTION, A REPRESENTATIVE OF THE GOVERNANCE COMMITTEE MEETS WITH THE CEO TO COMMUNICATE THE ACTIONS THAT WERE TAKEN. THE 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. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE MARY WADE HOME INC 118 CLINTON AVENUE NEW HAVEN CT 06513 060662192 PROVIDES LONG TERM CARE TO THE FRAIL ELDERLY CT 501(C)(3) LINE 10 MW HEALTHCARE INC 1 MWH HOLDINGS INC 118 CLINTON AVENUE NEW HAVEN CT 06513 611403583 OPERATES AS A TITLE HOLDING CORPORATION FOR A NON-FOR-PROFIT CT 501(C)(2) 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 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 THE MARY WADE HOME INC O 181476 COST MWH HOLDINGS INC D 65735 COST THE MARY WADE HOME INC B 400000 COST