2025-08-13T13:11:01-05:00 2024-09-30 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2023-10-01 060662192 THE MARY WADE HOME INCORPORATED MARY 2035627222 118 CLINTON AVENUE NEW HAVEN CT 06513 DAVID V HUNTER PRESIDENT & CEO 2035627222 2025-08-11 1 0 ALEXANDRA SPIELVOGEL P02040631 8602316628 2025-08-11 2023 2025-03-06 01:10:19Z DAVID V HUNTER 118 CLINTON AVENUE NEW HAVEN CT 06513 17902046 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. 16 16 438 24 0 0 2522818 1891397 14900064 15882990 8973 33879 10348 1950 17442203 17810216 0 0 0 0 11233737 11510839 39600 0 346072 6592629 7025937 17865966 18536776 -423763 -726560 49981461 49130345 50435335 50309282 -453874 -1178937 MARY WADE HOME PROVIDES THE HIGHEST-QUALITY COMPASSIONATE CARE, SENIOR LIVING, AND SERVICES THAT PROMOTE WELLNESS FOR OLDER ADULTS IN GREATER NEW HAVEN. 0 0 11662979 12995982 PROVIDES LONG TERM CARE TO THE ELDERLY. THE PROGRAMS OFFER SKILLED NURSING SERVICES, FULL REHABILITATIVE THERAPY, AS WELL AS FOOD AND SHELTER. APPROXIMATELY 82% OF THE SERVICES ARE PROVIDED TO THE ELDERLY WHO PARTICIPATE IN THE MEDICARE AND MEDICAID PROGRAMS. 2305601 2154438 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. 1078371 732570 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. 15046951 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 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 51 0 1 438 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 1 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X WILLIAM GINTER 2036727817 118 CLINTON AVENUE NEW HAVEN CT 06513 JOANNE MCGLOIN CO-CHAIR 0.40 3.60 X X 0 0 0 BRUCE TOPOLOSKY CO-CHAIR 0.40 3.60 X X 0 0 0 MARJORIE FUNK SECRETARY 0.20 1.80 X X 0 0 0 JACQUELINE HENCHEL MD SECRETARY (UNTIL 8/24) 0.20 1.80 X X 0 0 0 BRANDON MCFARLANE TREASURER 0.20 1.80 X X 0 0 0 BARBARA C ADAMS DIRECTOR 0.20 0.80 X X 0 0 0 MARY BETH CANAVAN DIRECTOR (UNTIL 12/23) 0.20 1.80 X 0 0 0 BERNADETTE DIGIULIAN DIRECTOR 0.20 1.80 X 0 0 0 JOYCE DUPEE DIRECTOR 0.20 0.80 X 0 0 0 PATRICIA A GANUN DIRECTOR (UNTIL 12/23) 0.20 0.80 X 0 0 0 HOWARD HILL DIRECTOR 0.20 0.80 X 0 0 0 REV THOMAS JACKSON DIRECTOR 0.20 1.80 X 0 0 0 ROBERT KESSLER DIRECTOR 0.20 1.80 X 0 0 0 ANGELA MATTIE DIRECTOR 0.20 0.80 X 0 0 0 MICHAEL MORAND DIRECTOR (UNTIL 11/23) 0.20 0.80 X 0 0 0 NICHOLAS R NICHOLSON JR PHD DIRECTOR 0.20 0.80 X 0 0 0 ALEXANDER OVERKAMP DIRECTOR 0.20 0.80 X 0 0 0 MICHELLE LEE RODRIGUEZ DIRECTOR 0.20 0.80 X 0 0 0 HAROLD S SPITZER DIRECTOR (UNTIL 12/23) 0.20 0.80 X 0 0 0 PAMELA STANTON DIRECTOR 0.20 0.80 X 0 0 0 STEVEN WOLFSON MD DIRECTOR 0.20 0.80 X 0 0 0 DAVID V HUNTER PRESIDENT & CEO 19.00 21.00 X 148240 163844 63653 WILLIAM GINTER CFO 25.00 15.00 X 95950 57569 35091 KERREN RUFFNER DIRECTOR CLINICAL SERVICES 40.00 0.00 X 138372 0 31955 HELEN HOILETT C.N.A 40.00 0.00 X 139781 0 18240 GERALYN HINES-IVERSON ADMINISTRATOR 40.00 0.00 X 136154 0 16827 LAVONNE COOKE CNA 40.00 0.00 X 129273 0 4215 KANIESHA TAYLOR INFECTION CONTROL NURSE 40.00 0.00 X 128448 0 3913 916218 221413 173894 14 0 1 0 HEALTHPRO HERITAGE 536 OLD HOWELL RD GREENVILLE SC 29615 THERAPY SERVICES 600015 TOOLS4DATA 176 ROUTE 81 SUITE 4A KILLINGWORTH CT 06419 IT SERVICES 150639 2 116734 1102000 356790 315873 1891397 SKILLED NURSING FACILITY 623000 12995982 12995982 RESIDENT CARE REVENUES 623000 2154438 2154438 ADULT DAY CARE REVENUES 623000 732570 732570 15882990 9557 9557 9370 9370 0 73559 49237 24322 24322 24322 27058 116734 33223 -6165 -6165 MISCELLANEOUS INCOME 900099 8115 8115 8115 17810216 15882990 0 35829 350402 17520 297842 35040 90918 90918 9088465 7637188 1300060 151217 121776 97815 20419 3542 1150990 924521 192992 33477 708288 568925 118762 20601 48036 48036 77448 77448 509 509 11426 11426 325705 97588 228117 315956 157978 157978 449077 425546 23531 73966 73385 581 634670 634670 550403 508787 41616 333540 270746 56567 6227 PATIENT CARE 1677669 1677669 CONSULTANTS & PURCHASED 1634259 1370873 258336 5050 PROVIDER TAX 583740 583740 309533 309533 18536776 15046951 3143753 346072 166801 397412 155682 158316 1887975 2397528 75233 79071 141199 155353 20851485 13712377 6992270 7139108 5137421 5167411 383317 408283 68606 68606 34972957 33159257 49981461 49130345 2358804 2430186 314485 900414 42500000 42300000 117344 115319 3428053 2906019 1716649 1657344 50435335 50309282 X -579555 -1321007 125681 142070 -453874 -1178937 49981461 49130345 -726560 1497 0 X 0 1 X 1 0 X 1246741 3125778 2487056 2522818 1891397 11273790 13018010 12494001 14312547 14910412 15882990 70617960 15758 92087 107845 14264751 15635537 16891690 17433230 17774387 81999595 27791 68597 104625 17895 20458 239366 38192 38569 44915 93775 215451 65983 68597 143194 62810 114233 454817 81544778 143493 142401 15885 14999 18927 335705 143493 142401 15885 14999 18927 335705 35173 35173 14408244 15777938 16907575 17448229 17828487 82370473 0.99000 0.99130 0.00410 0.00410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 16837723 3305258 4220000 950655 196000 14776326 19983326 2214244 3324000 1842828 193019 16837723 26075016 -3351278 2428000 122032 190380 19983326 22705066 5048531 4469868 6018522 129927 26075016 21688634 2620977 1737885 3239108 103322 22705066 0.99000 0.01000 0.00000 0 1 1 393691 393691 15739651 10390891 5348760 3766415 3029585 736830 951728 291901 659827 7139108 DUE TO/FROM RELATED PARTIES 32778130 START-UP COSTS 380992 ESCROW DEPOSITS 135 33159257 DEFERRED COMPENSATION 440005 OTHER 1165386 PAYCHECK PROTECTION PROGRAM 51953 1657344 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: $14,634,256 OF THE ENDOWMENT IS HELD BY MW HEALTHCARE, INC., FOR THE PURPOSE OF SUPPORTING THE MARY WADE HOME, INC. THE REMAINING $142,070 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, 2024, THE COMPANY BELIEVES THAT NO SUCH ACCRUALS ARE REQUIRED. ANNUAL CAMPAIGN 74174 62158 12016 500 7400 6905 1102 GOLF 2024 FUNDRAISING 69618 54576 15042 500 6840 8649 39 1288 143792 116734 27058 1000 14240 15554 2429 33223 -6165 X X X 0 0 0 0 0 0 0 0 0 DAVID V HUNTER PRESIDENT & CEO 148240 163844 0 0 0 0 15882 17554 14353 15864 178475 197262 0 0 WILLIAM GINTER CFO 95950 57569 0 0 0 0 3050 1830 18882 11329 117882 70728 0 0 KERREN RUFFNER DIRECTOR CLINICAL SERVICES 138372 0 0 0 0 0 4300 0 27655 0 170327 0 0 0 HELEN HOILETT C.N.A 139781 0 0 0 0 0 4200 0 14040 0 158021 0 0 0 GERALYN HINES-IVERSON ADMINISTRATOR 136154 0 0 0 0 0 4132 0 12695 0 152981 0 0 0 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 500000 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 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/21/2024 KARA HUNTER CHILD OF OFFICER 90918 EMPLOYMENT - 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 MARY WADE RESIDENCE 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 A, LINE 8B NO COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. A COMPLETE COPY OF FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND INQUIRIES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. 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 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, TARGETS THAT ARE USED IN ORGANIZATIONAL DASHBOARD REPORTS (I.E. CENSUS, PAYOR MIX, STAFF TURNOVER, FINANCIAL INDICATORS, ETC.) AND ANNUAL GOALS. THE EVALUATIONS INCLUDE CURRENT ANNUAL SALARY (INCLUDING BONUSES), SALARY SURVEY INPUT FROM THE VICE PRESIDENT OF EMPLOYEE RELATIONS AND INCREASES COMPENSATION BASED ON PERFOMANCE AND MARKET FACTORS. THE CEO MEETS SEPARATELY WITH SENIOR STAFF MEMBERS TO REVIEW THEIR EVALUATIONS AND COMPENSATION PACKAGE FOR THE COMING YEAR. THE CEO MAY UTILIZE SEVERAL HUMAN RESOURCE WAGE AND BENEFIT RESOURCES TO COMPILE A COMPARATIVE COMPENSATION ANALYSIS FOR EACH POSITION, AS LISTED BELOW: 1.) NURSING HOME SALARY & BENEFITS REPORT, 2023-2024, PUBLISHED BY HOSPITAL & HEALTHCARE COMPENSATION SERVICE IN COOPERATION WITH LEADING AGE, PUBLISHED JULY 2023, EFFECTIVE DATE OF DATA: MARCH 2023. 2.) CONTINUING CARE RETIREMENT COMMUNITY SALARY & BENEFITS REPORT, 2023-2024, PUBLISHED BY HOSPITAL & HEALTHCARE COMPENSATION SERVICE IN COOPERATION WITH LEADINGAGE, PUBLISHED JUNE 2023, EFFECTIVE DATE OF DATA: MARCH 2023. 3.) ASSISTED LIVING SALARY & BENEFITS REPORT, 2023-2024, PUBLISHED BY HOSPITAL & HEALTHCARE COMPENSATION SERVICE IN COOPERATION WITH LEADINGAGE, PUBLISHED JANUARY 2024, EFFECTIVE DATE OF DATA: OCTOBER 2023. 4.) CT NURSING HOME SALARY & BENEFITS SURVEY, 2024, PUBLISHED BY LEADING AGE CT IN APRIL 2024, EFFECTIVE DATE OF DATA: SEPTEMBER 2023. THE CEO COMPENSATION IS DELIBERATED BY AND THE RESULTING DECISION IS DOCUMENTED BY THE GOVERNANCE COMMITTEE OF THE BOARD. GOVERNANCE COMMITTEE MEMBERS ARE PROVIDED COMPARATIVE EXECUTIVE COMPENSATION AND BENEFIT INFORMATION BY THE VICE PRESIDENT OF EMPLOYEE RELATIONS. 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 THE MARY WADE HOME INCORPORATED 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 MARY WADE RESIDENCE K 60000 COST MARY WADE RESIDENCE O 3129889 COST MARY WADE RESIDENCE D 75978 COST MARY WADE RESIDENCE E 33078000 COST