2022-08-11T14:31:07-05:00 2021-09-30 350921680 CROWE LLP 62 Memorial Road Suite 100 West Hartford CT 061072207 990 2020-10-01 061435919 Masonicare Corporation MASO 2036787857 PO Box 70 Wallingford CT 06492 STEVEN D BEAULIEU CFO 2022-08-11 true STEVEN D BEAULIEU 999009999 RACHEL SPURLOCK P00520729 8606789200 2020 2022-09-23 18:48:47Z JON-PAUL VENOIT PO Box 70 Wallingford CT 06492 7721717 false X WWW.MASONICARE.ORG X 1995 CT Masonicare is a parent holding company and support organization for its affiliate corporations. 15 15 162 115 0 0 45765 46210 8236292 7361846 65831 9556 424794 -28205 8772682 7389407 1000 0 0 12694625 10895527 0 0 3998596 4045981 16694221 14941508 -7921539 -7552101 59871999 62787609 145119939 137804435 -85247940 -75016826 Masonicare is a parent holding company and support organization for its affiliate corporations (collectively referred to as "Masonicare" or the "System"). Masonicare was organized in 1995 for the benefit of providing long range strategic and financial planning, policy development and support services for its affiliates which provide continuing care retirement services and other housing, healthcare and related services to older adults. Tracing itself to its predecessor, The Masonic Charity Foundation of Connecticut, the principal purposes of the corporate system are to aid, assist or support the aged, sick or infirm specified groups, and otherwise provide for the needs of an aging population. In furtherance of its traditional values, the mission of Masonicare is to enhance the quality of life by providing health, social and spiritual care throughout an individual's lifetime with emphasis on the needs of older persons. false false 14941508 7361846 Provides management support for its affiliates who provide geriatric care services, hospital services, management services, fundraising services and investment management services. This is done with a view of furthering the long-range goals and traditional objectives and values of providing for the needs of an aging population. 14941508 true true false false false false false false true true false true true true true false true false false false false false false false false false false false true true false false false false false false false false false false false false false false false true true true true false true 37 0 true 162 true false false false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true true false false X STEVEN D BEAULIEU 2036787857 22 MASONIC AVENUE WALLINGFORD CT 06492 Christopher J Earle Vice Chairman 1.0 8.0 X X 0 0 0 Janet S Berry Secretary 1.0 6.0 X X 0 0 0 Newton Buckner Treasurer 1.0 7.0 X X 0 0 0 Robert F Polito Jr Chairman 1.0 7.0 X X 0 0 0 Bonnie McWain Trustee 1.0 6.0 X 0 0 0 Bruce R Bellmore Trustee 1.0 6.0 X 0 0 0 David A Gessert Trustee 1.0 6.0 X 0 0 0 Francis X Conlon Trustee 1.0 6.0 X 0 0 0 Howard W Orr Trustee 1.0 7.0 X 0 0 0 Joseph J Porco Trustee (effective 04/01/2021) 1.0 7.0 X 0 0 0 Patrick Birney Trustee 1.0 6.0 X 0 0 0 Robert J Furce Director 1.0 7.0 X 0 0 0 Stephen W Petri III Trustee (thru 03/31/2021) 1.0 6.0 X 0 0 0 Susan Koty Trustee 1.0 6.0 X 0 0 0 Thaddeus M Stewart Trustee 1.0 6.0 X 0 0 0 William E Bohman Trustee 1.0 6.0 X 0 0 0 Jon-Paul Venoit President and CEO, Assistant Secretary 40.0 8.0 X 614105 0 44498 Steven D Beaulieu CFO, VP Finance, Assistant Treasurer (effective 10/12/2020) 40.0 8.0 X 56308 0 3059 Edward Dooling Chief Human Resource Officer 40.0 0 X 193467 0 9237 Ann Collette Krantz VP Strategy & Business Development 40.0 0 X 190659 0 40188 Brian Richard Chief Information Officer 40.0 0 X 223840 0 48531 Holly Warner Regional Director Sales Marketing 40.0 0 X 137102 0 39504 James R Rude VP Special Projects (10/04/20-12/18/20) 24.0 0.0 X 300411 0 38143 Robert Leake Director Financial Operations/Executive Director Hospital Services 40.0 0 X 167175 0 7046 Jennifer A King Former Assistant Secretary 0.0 40.0 X 0 236877 22979 1883067 236877 253184 18 true true false NETSMART 11100 NALL AVE OVERLAND PARK KS 66211 IT SERVICES 755851 THE WORX GROUP LLC 18 WATERBURY ROAD PROSPECT CT 06712 MARKETING 609663 CDW GOVERNMENT 75 REMITTANCE DRIVE CHICAGO IL 60675 IT SERVICES 333300 POINTCLICKCARE 5570 Explorer Drive Mississauga ON CA L4W0C4 IT SERVICES 273319 PC CONNECTION 730 MILFORD RAD MERRIMACK NH 03054 IT SERVICES 192843 15 46210 46210 MANAGEMENT FEES 623311 7361846 7361846 0 0 0 0 7361846 6036 6036 298370 332301 -33931 0 -33931 -33931 3529 9 0 3520 3520 3520 Vending and Other 900099 5726 5726 0 0 0 0 5726 7389407 7361846 0 -18649 1267219 1267219 6758979 6758979 989592 989592 1495914 1495914 383823 383823 363750 363750 23004 23004 510585 510585 0 0 147366 147366 18744 18744 465539 465539 347639 347639 58162 58162 1477 1477 568715 568715 929779 929779 111606 111606 RECRUITMENT AND RETENTION 236269 236269 REPAIRS & MAINTENANCE 108894 108894 COMMUNITY/FRATERNAL RELATIONS 40736 40736 BANK FEES 91197 91197 22519 22519 0 0 14941508 14941508 0 0 926935 3863859 302417 3050119 0 0 0 0 4558404 4108222 83552 77193 1053910 572430 42751365 32075256 11126156 10676109 2033129 1859079 26581019 26581019 1493989 1426591 11712488 10572988 59871999 62787609 6025145 6135652 107249572 104264120 0 0 3888000 3888000 27957222 23516663 145119939 137804435 X -85247940 -75016826 -85247940 -75016826 59871999 62787609 X -7552101 17783215 X false true X true false X X 7 MASONICARE HEALTH CENTER INC 060655131 3 true 3998813 0 MASONICARE AT ASHLAR VILLAGE INC 061050830 9 true 0 0 MASONICARE HOME HEALTH AND HOSPICE 061101924 9 true 0 0 MASONICARE AT HOME INC 202377783 9 false 0 0 MASONIC CHARITY FOUNDATION OF CT 061435920 7 false 622046 0 MASONICARE AT MYSTIC INC 464656008 9 false 0 0 MASONICARE AT CHESTER VILLAGE 822936624 9 false 1214389 0 7 5835248 0 false false false false false false false false false false false false false false false true true true X true true Schedule A, Part I Additional Supplemental Information Masonicare Corporation provides services to its supported organizations to enable them to accomplish their charitable missions. Financial support is provided on an as needed basis. Schedule A, Part IV, Section A, Line 1 Supported Orgs Listed By Name All of the supported organizations share a common purpose of providing retirement living and health care services to enhance the quality of life of seniors through exceptional care. Schedule A, Part IV, Section D, Line 3 Supp. Org. Have Significant Voice In Investment Policies The supported organizations had a significant voice in Masonicare Corporation's investment policies and in directing the use of Masonicare Corporation's income and assets at all times during the tax year. Specifically, during the tax year two-thirds of the members of the Board of Trustees of Masonicare Corporation were also on the Board of Directors of one or more supported organizations - each supported organization had between one and three Board members overlap with the Masonicare Corporation Board. Because of the Board of Trustees of Masonicare Corporation has charge, control and management of the property, affairs, and funds of Masonicare Corporation, the significant board overlap assured that each of the supported organizations had a significant voice in the investment policies, the timing and making of grants, and in otherwise directing the use of the income and assets of Masonicare Corporation. Schedule A, Part IV, Section E, Line 3a Power To Appoint/Elect Majority of Officer/Director/Trustee Masonicare Corporation has the power to appoint or elect a majority of the officers and directors of each of its supported organizations. Schedule A, Part IV, Section E, Line 3b Substantial Direction Over Policies/Programs/Activities Masonicare Corporation exercises a substantial degree of direction over the policies, programs, and activities of each of its supported organizations. Specifically, Masonicare Corporation serves as the parent organization (sole corporate member) of each of the supported organizations and, in addition to having the power to appoint and remove the directors, also has reserved powers that include approval of all long range plans, approval of the annual budget, approval of the written investment policy and investment managers of all significant investments, approval of all written policies and procedures which are relevant to mission, vision and values, and approval of significant corporate transactions with respect to each of the supported organizations. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 84884852 457427 3659627 192064 327375 88482467 84052687 574456 610214 170327 182178 84884852 84388408 737160 -937362 127004 8515 84052687 83999562 90734 823968 108031 417825 84388408 81951634 113749 2055426 104759 16488 83999562 0.0 0.9559 0.0441 false true true 13639906 5968957 7670949 90792 79508 11284 27294997 24648565 2646432 1725670 1378226 347444 10676109 INVESTMENT IN SUBSIDIARIES 26581019 C 26581019 RECOVERY OF EST INSURANCE LIABILITY 986389 UNDER TRUST FOR SELF INS. LIABILITIES 3975756 DUE FROM AFFILIATES 5610843 10572988 ACCRUED EMPLOYEE BENEFITS CURRENT 296382 ACCRUED POST RETIREMENT BEN L/T 11588619 DEPOSITS 14114 EST SETTLEMENTS DUE THIRD PARTY PAY 711650 EST. INS. LIAB THROUGH COMM PAYORS 986389 LOAN PAYABLE KEYSTONE 4456568 OTHER LONG TERM LIABILITIES SELF INSURANCE LIABILITIES 5462941 23516663 X Schedule D, Part V, Line 4 Intended uses of endowment funds The endowment funds are used to support the philanthropic mission and activities of Masonicare Corporation and its affiliates. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote Masonicare accounts for uncertain tax positions in accordance with certain provisions of FASB ASC 740, which provides a framework for how companies should recognize, measure, present and disclose uncertain tax positions in their consolidated financial statements. Under FASB ASC 740, Masonicare may recognize the tax benefit from an uncertain tax position only it if is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. Masonicare did not record any unrecognized tax benefits for the years ended September 30, 2021 and 2020. Masonicare anticipates that it will not have a change in unrecognized tax benefits during the next twelve months that would have a material impact on the consolidated financial statements. All U.S. federal tax years from fiscal 2018 onwards are eligible for audit by the IRS. X X X X false false false false false false false true false Jennifer A King Former Assistant Secretary 0 229286 0 0 0 7592 0 8974 0 14005 0 259856 0 0 Jon-Paul Venoit President and CEO, Assistant Secretary 601771 0 2835 0 9499 0 10424 0 34075 0 658604 0 0 0 Edward Dooling Chief Human Resource Officer 185807 0 7500 0 160 0 7610 0 1627 0 202703 0 0 0 Ann Collette Krantz VP Strategy & Business Development 182775 0 7500 0 385 0 7903 0 32286 0 230847 0 0 0 Brian Richard Chief Information Officer 220836 0 2500 0 504 0 9059 0 39472 0 272370 0 0 0 James R Rude VP Special Projects (10/04/20-12/18/20) 296125 0 2500 0 1787 0 9501 0 28642 0 338554 0 0 0 Robert Leake Director Financial Operations/Executive Director Hospital Services 164363 0 2500 0 312 0 6675 0 371 0 174221 0 0 0 Holly Warner Regional Director Sales Marketing 137012 0 0 0 90 0 5763 0 33741 0 176606 0 0 0 Schedule J, Part I, Line 7 Non-fixed payments Compensation to reward senior management for achieving annual quality, strategic and financial goals for the organization for amounts reported on Schedule J, Part II, Column (B)(ii) "Bonus and Incentive Compensation". A CONNECTICUT HEALTH AND EDUCATION FACILITIES AUTHORITY 060806186 20774YW86 2016-11-15 122222403 REFINANCE BONDS FOR '07 & '12 CAPITAL PROJECTS false false false A 16850195 122277647 1839257 5152245 115286145 2017 true false true true A false false true true false 0.0 0.0 0.0 false false true A false true false false false false false false true A true Schedule K, Part II, Line 3 Investment Earnings The difference between the issue price and total proceeds of issue is due to investment earnings. Form 990, Part VI, Line 15b Compensation of Organization's Officers and Key Employees The CEO recommends any salary adjustments of the executive leadership, using the results of the valuation study and his assessment of individual performance or other pertinent information. The proposed executive salary changes are provided to the Compensation Committee. The process was completed in May 2021 for the following positions: Chief Financial Officer, Chief Information Officer, Chief Human Resources Officer, Vice President of Mission Effectiveness, Vice President of Strategy & Business Development, Executive Director of Masonicare at Mystic, Executive Director of Masonicare at Chester Village, Executive Director of Masonic Charity Foundation, Executive Director of Masonicare at Home, Health and Hospice, Director of Masonicare at Home, LTC Administrator of Masonicare Health Center Form 990, Part VI, Line 1a Delegate broad authority to a committee The organization has an Executive Committee of the Board, that shall have the power to transact all business of the governing body when the board is not in session. The Executive Committee members are the officers of the governing body, the Grand Master of the Masonic Grand Lodge A.F. & A.M. of Connecticut, and an additional trustee appointed by the governing body. All are voting members of the governing body. The Executive Committee interprets policy, advises on issues relating to operational needs and reviews the conduct of governing body members as well as carries out the work of the governing body with respect to staff compensation and human resource issues and governing body self evaluation. Form 990, Part VI, Line 11b Review of form 990 by governing body Masonicare management and our external accountants review the tax return for completeness and accuracy. It is reviewed by the chief executive officer and chairman of the board. The tax return is also placed on a secured website that can be accessed by all board members for their review. At a full board meeting a discussion is held regarding comments/questions from board members. The tax return is then finalized and filed. Form 990, Part VI, Line 12c Conflict of interest policy Annually, officers, directors and senior employees are required to complete a conflict of interest disclosure questionnaire. The Corporate Compliance Officer annotates the results to determine if, and to what extent, a conflict of interest exists. The results of the officer and Board Member disclosures are first reviewed by the Board Chairman and then reported at the board meetings. Any officer or board member shall not make or second motions or vote (other than abstain) on matters if a conflict of interest exists, whether or not the officer or board member had an opportunity to make a written disclosure through the formalized process. Senior employee disclosures are reported to the President and Chief Executive Officer. The entire process is coordinated by the Corporate Compliance Officer. All respondents are advised of their continuing duty to disclose any possible conflict of interest that may arise during the course of their service. Form 990, Part VI, Line 15a Process to establish compensation of top management official The compensation committee of the board engages an independent firm to certify the reasonableness of the compensation of the President and Chief Executive Officer of the organization annually. The compensation committee approves compensation based on market data analysis. The committees deliberations are reflected in its minutes. The process was completed in May 2021. Form 990, Part VI, Line 19 Required documents available to the public The Organization provides governing documents, conflict of interest policy, and financial statements to to the public upon request. Form 990, Part VII, Section A, Line 1a Trustees Hours related for volunteer trustees (column B) are the estimated hours per week that the volunteer trustees contribute to this and all other related organizations, not necessarily equally but in the proportion required for each of them, for which they receive no compensation. Related organizations include, Masonic Charity Foundation of CT, Masonicare Health Center, Inc., Masonicare at Ashlar Village Inc., Masonicare Home Health and Hospice Inc., Masonicare at Home Inc., Masonicare at Mystic Inc., Masonicare at Chester Village Inc. and Keystone Indemnity Company LTD. Form 990, Part X, Line 20 TE Bond Liabilities The Masonicare obligated group is responsible for the repayment of the Series F Bonds issued by Masonicare Corporation on November 15, 2016. The members of the obligated group are Masonicare Corporation, Masonic Charity Foundation of CT, Masonicare Health Center, Inc., Masonicare at Ashlar Village, Inc., Masonicare at Home, Inc., Masonicare Home, Health and Hospice, Inc. and Masonicare at Chester VIllage (effective 09/30/2021) The current outstanding bond balance is $98,935,000. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CAPITAL CONTRIBUTION FROM RELATED ENTITIES - 11113494; MINIMUM PENSION LIABILITY - 4869721; TRANSFERS FROM MASONIC CHARITY FOUNDATION - 1800000; MASONIC CHARITY FOUNDATION OF CT PO BOX 70 WALLINGFORD CT 06492 061435920 PROVIDE PLANNED GIVING AND DEVELOPMENT CT 501(c)(3) 7 Masonicare Corporation true MASONICARE HEALTH CENTER INC PO BOX 70 WALLINGFORD CT 06492 060655131 PROVIDE MEDICAL SERVICES TO ELDERLY CT 501(c)(3) 10 Masonicare Corporation true MASONICARE AT ASHLAR VILLAGE INC PO BOX 70 WALLINGFORD CT 06492 061050830 CCRC AND ASSISTED LIVING COMMUNITY CT 501(c)(3) 10 Masonicare Corporation true MASONICARE AT CHESTER VILLAGE INC PO BOX 70 WALLINGFORD CT 06492 822936624 CONTINUING CARE RETIREMENT COMMUNITY CT 501(c)(3) 10 Masonicare Corporation true MASONICARE HOME HEALTH AND HOSPICE INC PO BOX 70 WALLINGFORD CT 06492 061101924 PROVIDE HOME HEALTH/HOSPICE SERVICES CT 501(c)(3) 10 Masonicare Corporation true MASONICARE AT HOME INC PO BOX 70 WALLINGFORD CT 06492 202377783 PROVIDE HOME SERVICES TO THE ELDERLY CT 501(c)(3) 10 Masonicare Corporation true KEYSTONE INDEMNITY COMPANY LTD 126 COLLEGE STREET SUITE 400 BURLINGTON VT 05401 030371612 PROVIDE INSURANCE SERVICES TO MASONICARE CT 501(c)(3) Type III-FI Masonicare Corporation true MASONICARE AT MYSTIC INC PO BOX 70 WALLINGFORD CT 06492 464656008 MANAGE SENIOR LIVING FACILITY CT 501(c)(3) 10 MASONICARE AT ASHLAR VILLAGE false AF & AM OF CT GRAND LODGE 69 MASONIC AVENUE WALLINGFORD CT 06492 060243277 MASONIC FRATERNAL ORGANIZATION CT 501(c)(10) NA false SENIOR LIVING BY MASONICARE LLC PO BOX 70 WALLINGFORD CT 06492 364784728 PROVIDE SERVICES TO THE ELDERLY CT Masonicare at Mystic N/A false false GENM SENIOR CARE CONSULTING GROUP LLC 22 Masonic Avenue Wallingford CT 06492 871834093 Consulting CT Masonicare Corporation C Corporation 109998 0 1 true true false true true true false false false false true true true true false true true true false true MASONIC CHARITY FOUNDATION OF CT P 580077 COST MASONIC CHARITY FOUNDATION OF CT S 1800000 COST MASONICARE HEALTH CENTER K 95608 COST MASONICARE HEALTH CENTER L 2939631 COST MASONICARE HEALTH CENTER P 1154790 COST MASONICARE AT ASHLAR VILLAGE INC L 1022401 COST MASONICARE AT ASHLAR VILLAGE INC Q 5842421 COST MASONICARE HOME HEALTH AND HOSPICE INC L 2292679 COST MASONICARE HOME HEALTH AND HOSPICE INC Q 7813235 COST MASONICARE AT HOME INC L 372684 COST MASONICARE AT HOME INC Q 1125013 COST KEYSTONE INDEMNITY COMPANY LTD M 316548 COST MASONICARE AT MYSTIC INC Q 6269335 COST MASONICARE AT CHESTER VILLAGE INC L 281409 COST MASONICARE AT CHESTER VILLAGE INC P 937050 COST MASONICARE AT MYSTIC INC L 411072 Cost Masonicare at Chester Village A 4070 Cost AF & AM OF CT GRAND LODGE M 60000 Cost