FURP.ORG / PUBLIC DATA EXPLORER

MW HEALTHCARE INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MW HEALTHCARE INC (EIN 27-0268085)
Tax period
2023-10-01 to 2024-09-30
Filed
2025-08-12
IRS object ID
202542249349301029
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-08-12T11:30:09-05:00ReturnTs
Tax Period End2024-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLENBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line129 SOUTH MAIN STREET 4TH FLOORAddressLine1Txt
CityWEST HARTFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06107ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN270268085EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MW HEALTHCARE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMWHEBusinessNameControlTxt
Phone2035627222PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1118 CLINTON AVENUEAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06513ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID V HUNTERPersonNm
Person TitleCEOPersonTitleTxt
Phone2035627222PhoneNum
Signature2025-08-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALEXANDRA SPIELVOGELPreparerPersonNm
PTINP02040631PTIN
Phone8605614000PhoneNum
Preparation2025-08-11PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDAVID V HUNTERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1118 CLINTON AVENUEAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06513ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,060,790GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionMW 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.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers16TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$2,109,418PYInvestmentIncomeAmt
CY Investment Income$2,872,640CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,109,418PYTotalRevenueAmt
CY Total Revenue$2,872,640CYTotalRevenueAmt
PY Grants And Similar Paid$3,324,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$4,220,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$185,625PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$191,005CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$95,073PYOtherExpensesAmt
CY Other Expenses$81,510CYOtherExpensesAmt
PY Total Expenses$3,604,698PYTotalExpensesAmt
CY Total Expenses$4,492,515CYTotalExpensesAmt
PY Revenues Less Expenses-$1,495,280PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,619,875CYRevenuesLessExpensesAmt
Total Assets BOY$18,513,478TotalAssetsBOYAmt
Total Assets EOY$17,294,479TotalAssetsEOYAmt
Total Liabilities BOY$76,357TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$18,437,121NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$17,294,479NetAssetsOrFundBalancesEOYAmt
MissionMARY WADE HEALTHCARE PROVIDES THE HIGHEST-QUALITY COMPASSIONATE CARE, SENIOR LIVING, AND SERVICES THAT PROMOTE WELLNESS FOR OLDER ADULTS IN GREATER NEW HAVEN.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,419,418ExpenseAmt
Grant$4,220,000GrantAmt
DescMW HEALTHCARE, INC. PROVIDES MANAGEMENT SERVICES TO THE MARY WADE HOME, INC., MARY WADE RESIDENCE, INC. AND HOLDS AND MANAGES THE ENDOWMENT ASSETS FOR THE BENEFIT OF THE MARY WADE HOME, INC.Desc
Total Program Service Expenses$4,419,418TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WILLIAM GINTERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2036727817PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1118 CLINTON AVEAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP065133100ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOANNE MCGLOIN
CO-CHAIR3.200.80Yes (X)Yes (X)$0$0$0
BRUCE TOPOLOSKY
CO-CHAIR3.200.80Yes (X)Yes (X)$0$0$0
MAJORIE FUNK
SECRETARY1.600.40Yes (X)Yes (X)$0$0$0
JACQUELINE HENCHEL MD
SECRETARY (UNTIL 8/24)1.600.40Yes (X)Yes (X)$0$0$0
BRANDON MCFARLANE
TREASURER1.600.40Yes (X)Yes (X)$0$0$0
BARBARA C ADAMS
BOARD OF TRUSTEES0.600.40Yes (X)Yes (X)$0$0$0
MARYBETH CANAVAN
BOARD OF TRUSTEES (UNTIL 12/23)0.601.40Yes (X)$0$0$0
BERNADETTE DIGIULIAN
BOARD OF TRUSTEES1.600.40Yes (X)$0$0$0
JOYCE DUPEE
BOARD OF TRUSTEES0.600.40Yes (X)$0$0$0
PATRICIA A GANUN
BOARD OF TRUSTEES (UNTIL 12/23)1.600.40Yes (X)$0$0$0
ALFRED J GOLDBERG
BOARD OF TRUSTEES (UNTIL 12/23)1.600.40Yes (X)$0$0$0
HOWARD HILL
BOARD OF TRUSTEES0.600.40Yes (X)$0$0$0
REV THOMAS JACKSON
BOARD OF TRUSTEES1.600.40Yes (X)$0$0$0
ROBERT KESSLER
BOARD OF TRUSTEES1.600.40Yes (X)$0$0$0
ANGELA MATTIE
BOARD OF TRUSTEES0.600.40Yes (X)$0$0$0
MICHAEL MORAND
BOARD OF TRUSTEES (UNTIL 11/23)0.600.40Yes (X)$0$0$0
NICHOLAS R NICHOLSON JR PHD
BOARD OF TRUSTEES0.600.40Yes (X)$0$0$0
ALEXANDER OVERKAMP
BOARD OF TRUSTEES0.600.40Yes (X)$0$0$0
MICHELLE LEE RODRIGUEZ
BOARD OF TRUSTEES0.600.40Yes (X)$0$0$0
HAROLD S SPITZER
BOARD OF TRUSTEES (UNTIL 12/23)1.600.40Yes (X)$0$0$0
PAMELA STANTON
BOARD OF TRUSTEES0.600.40Yes (X)$0$0$0
STEVE WOLFSON MD
BOARD OF TRUSTEES0.600.40Yes (X)$0$0$0
DAVID V HUNTER
PRESIDENT & CEO15.0025.00Yes (X)$124,834$187,250$63,653
WILLIAM GINTER
CFO9.0031.00Yes (X)$38,380$115,139$35,091
FieldValueIRS element (for citing)
Total Reportable Comp From Org$163,214TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$302,389TotReportableCompRltdOrgAmt
Total Other Compensation$98,744TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$450,525TotalRevenueColumnAmt
Exclusion$450,525ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$5,610,265SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,188,150SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,422,115SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,422,115TotalRevenueColumnAmt
Exclusion$2,422,115ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,872,640TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,872,640ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$4,220,000TotalAmt
Program Services$4,220,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$191,005TotalAmt
Program Services$191,005ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$8,413TotalAmt
Program Services$8,413ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$73,097TotalAmt
Management And General$73,097ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,492,515TotalAmt
Program Services$4,419,418ProgramServicesAmt
Management And General$73,097ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$16,724,135BOYAmt
EOY$14,634,256EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,789,343BOYAmt
EOY$2,660,223EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$18,513,478BOYAmt
EOY$17,294,479EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$76,357BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$76,357BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$18,437,121BOYAmt
EOY$17,294,479EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,437,121BOYAmt
EOY$17,294,479EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,513,478BOYAmt
EOY$17,294,479EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,619,875ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$477,233NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type2Yes (X)SupportingOrgType2Ind
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations2SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (2 entries)

EINEINOrganization TypeOrganizationTypeCdGoverning Document ListedGoverningDocumentListedIndSupportSupportAmtOther SupportOtherSupportAmt
THE MARY WADE HOME INCORPORATED
06066219210Yes (1)$1,102,000$0
MARY WADE RESIDENCE INC
82136732110Yes (1)$3,118,000$0
FieldValueIRS element (for citing)
Supported Organizations Total2SupportedOrganizationsTotalCnt
Support Sum$4,220,000SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd
FieldValueIRS element (for citing)
Majority Dir Trst Supported OrgYes (1)MajorityDirTrstSupportedOrgInd

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$16,724,135BeginningYearBalanceAmt
Investment Earnings Or Losses$3,276,776InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,220,000GrantsOrScholarshipsAmt
Other Expenditures$950,655OtherExpendituresAmt
Administrative Expenses$196,000AdministrativeExpensesAmt
End Year Balance$14,634,256EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$19,882,905BeginningYearBalanceAmt
Investment Earnings Or Losses$2,201,177InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,324,000GrantsOrScholarshipsAmt
Other Expenditures$1,842,928OtherExpendituresAmt
Administrative Expenses$193,019AdministrativeExpensesAmt
End Year Balance$16,724,135EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$25,942,159BeginningYearBalanceAmt
Investment Earnings Or Losses-$3,319,320InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,428,000GrantsOrScholarshipsAmt
Other Expenditures$121,554OtherExpendituresAmt
Administrative Expenses$190,380AdministrativeExpensesAmt
End Year Balance$19,882,905EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$22,601,725BeginningYearBalanceAmt
Investment Earnings Or Losses$4,028,470InvestmentEarningsOrLossesAmt
Grants Or Scholarships$400,000GrantsOrScholarshipsAmt
Other Expenditures$181,640OtherExpendituresAmt
Administrative Expenses$106,396AdministrativeExpensesAmt
End Year Balance$25,942,159EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$21,597,559BeginningYearBalanceAmt
Investment Earnings Or Losses$1,719,010InvestmentEarningsOrLossesAmt
Other Expenditures$621,476OtherExpendituresAmt
Administrative Expenses$93,368AdministrativeExpensesAmt
End Year Balance$22,601,725EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
INVESTMENT IN MW HOLDINGS, INC$1,000
DUE FROM RELATED PARTY$2,346,269
INVESTMENT IN FAIR HAVEN, LLC$312,954
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,660,223TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:GENERALLY SPEAKING THE BOARD DESIGNATED FUNDS AT MW HEALTHCARE HAVE BEEN USED EXCLUSIVELY FOR CAPITAL ACQUISITIONS AND STRATEGIC INITIATIVES. THE BOARD APPROVED IN FY 2020 TO REIMBURSE THE CURRENT YEAR MANAGEMENT FEES FOR THE CEO AND CFO. UPON THE RECOMMENDATION OF INVESTMENT COMMITTEE, OF THE BOARD OF TRUSTEES APPROVED A ROUTINE 2% SPEND POLICY.
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.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
THE MARY WADE HOME INCORPORATED
118 CLINTON AVENUENEW HAVENCT06513060662192501(C)(3)$1,102,000$0N/AN/ATO SUPPORT THE MARY WADE HOME
MARY WADE RESIDENCE INC
138 CLINTON AVENUENEW HAVENCT065133100821367321501(C)(3)$3,118,000$0N/AN/ATO SUPPORT MARY WADE RESIDENCE, INC.
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationMW HEALTHCARE, INC. PROVIDED GRANTS TO THE MARY WADE HOME AND MARY WADE RESIDENCE. MW HEALTHCARE, INC. IS THE SOLE CORPORATE MEMBER OF AND HAS COMMON BOARD MEMBERS WITH THE GRANTEES. THESE BOARD MEMBERS HAVE FIDUCIARY RESPONSIBILITY AND ARE ABLE TO MONITOR THAT THE GRANTS ARE USED WITHIN THE CHARITABLE EXEMPT PURPOSES OF THE GRANTEES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DAVID V HUNTER
PRESIDENT & CEO$124,834$187,250$0$0$0$0$13,375$20,061$12,087$18,130$150,296$225,441$0$0
WILLIAM GINTER
CFO$38,380$115,139$0$0$0$0$1,220$3,660$7,552$22,659$47,152$141,458$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE CEO IS COMPENSATED BY A RELATED ORGANIZATION. THE RELATED ORGANIZATION USES THE FOLLOWING METHODS TO ESTABLISH HIS COMPENSATION: A COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR A COMPENSATION COMPENSATION COMMITTEE.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BNO COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE 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 12CTHE 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 15AANNUALLY, 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 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
THE MARY WADE HOME INC
118 CLINTON AVENUENEW HAVENCT06513060662192PROVIDES LONG TERM CARE TO THE FRAIL ELDERLYCT501(C)(3)LINE 10MW HEALTHCARE INCYes (1)
MWH HOLDINGS INC
118 CLINTON AVENUENEW HAVENCT06513611403583OPERATES AS A TITLE HOLDING CORPORATION FOR A NON-FOR-PROFITCT501(C)(2)N/AMW HEALTHCARE INCYes (1)
MARY WADE RESIDENCE INC
138 CLINTON AVENUENEW HAVENCT06513821367321OPERATE MEMORY CARE AND ASSISTED LIVING FACILITIES FOR THE FRAIL ELDERLYCT501(C)(3)LINE 10MW HEALTHCARE INCYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (7 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
THE MARY WADE HOME INC
O$199,418COST
THE MARY WADE HOME INC
B$1,102,000COST
THE MARY WADE HOME INC
D$32,977COST
MARY WADE RESIDENCE
B$3,118,000COST
MARY WADE RESIDENCE
D$75,978COST
MWH HOLDINGS INC
D$1,711,113COST
MARY WADE AT HOME
D$266,893COST