MASONICARE CORPORATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- MASONICARE CORPORATION (EIN 06-1435919)
- Tax period
- 2015-10-01 to 2016-09-30
- Filed
- 2017-08-15
- IRS object ID
- 201742279349301524
- Schema version
- 2015v3.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-08-15T07:51:24-07:00 | ReturnTs |
| Tax Period End | 2016-09-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061435919 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Masonicare Corporation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MASO | BusinessNameControlTxt |
| Phone | 2036797857 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 70 | AddressLine1Txt |
| City | Wallingford | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06492 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James R Rude | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Signature | 2017-08-15 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Jon-Paul Venoit | PrincipalOfficerNm |
| Gross Receipts | $10,703,784 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| All Affiliates Included | false | AllAffiliatesIncludedInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MASONICARE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1995 | FormationYr |
| Legal Domicile State | CT | LegalDomicileStateCd |
| Activity Or Mission | Masonicare is a parent holding company and support organization for its affiliate corporations. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 222 | TotalEmployeeCnt |
| Total Volunteers | 200 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $55,615 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $9,046,329 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,525,941 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$822 | PYInvestmentIncomeAmt |
| CY Investment Income | $836 | CYInvestmentIncomeAmt |
| PY Other Revenue | $747,847 | PYOtherRevenueAmt |
| CY Other Revenue | $745,762 | CYOtherRevenueAmt |
| PY Total Revenue | $9,848,969 | PYTotalRevenueAmt |
| CY Total Revenue | $10,272,539 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $45,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $14,356,093 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $16,380,728 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,008,465 | PYOtherExpensesAmt |
| CY Other Expenses | $5,491,728 | CYOtherExpensesAmt |
| PY Total Expenses | $19,409,558 | PYTotalExpensesAmt |
| CY Total Expenses | $21,872,456 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$9,560,589 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$11,599,917 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $48,335,508 | TotalAssetsBOYAmt |
| Total Assets EOY | $55,810,110 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $148,875,963 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $148,199,382 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$100,540,455 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$92,389,272 | NetAssetsOrFundBalancesEOYAmt |
| Mission | 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.Masonicare will be recognized as an organization committed to establish | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $21,872,456 | ExpenseAmt |
| Revenue | $9,504,200 | RevenueAmt |
| Desc | Provides management support for its affiliates (listed below) who provide geriatric care services, hospital services, management services, fund raising 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.MASONIC CHARITY FOUNDATION OF CT-Provides planned giving and development support to all Masonicare tax-exempt affiliates.MASONICARE HEALTH CENTER-Provides skilled nursing care(long-term care including memory care and rehabiliation care), independent senior living apartments, inpatient geriatric acute care services, inpatient geriatric medical psychiatric services and hospital-based outpatient services.MASONICARE AT NEWTOWN-Provides skilled nursing care(long-term care including memory care and rehabiliation care) and assisted living facilities.MASONICARE AT ASHLAR VILLAGE-Provides continuing care retirement community independent living facilities and assisted living facilities.MASONICARE HOME HEALTH & HOSPICE-Provides home health and hospice services, including skilled nursing care, hospice care, physical/speech/occupational therapies, medical social work and home health aide services.MASONICARE PARTNERS HOME HEALTH & HOSPICE-Provides home health and hospice services, including skilled nursing care, hospice care, physical/speech/occupational therapies, medical social work and home health aide services.MASONICARE AT HOME-Provides live-in geriatric care, as well as patient care attendant and companion/homemaker services in the home.KEYSTONE INDEMNITY COMPANY-Provides professional and general liability insurance coverage to all Masonicare affiliates.MASONICARE AT MYSTIC-A facility to provide assisted living(including memory care) and independent living to the elderly is currently under construction. | Desc |
| Total Program Service Expenses | $21,872,456 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 49 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 222 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 0 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Org Filed In Lieu Of Form1041 | false | OrgFiledInLieuOfForm1041Ind |
| Licensed More Than One State | false | LicensedMoreThanOneStateInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James R Rude | PersonNm |
| Phone | 2036787857 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22 Masonic Avenue | AddressLine1Txt |
| City | Wallingford | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06492 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Howard W Orr | ||||||||||
| Chairman | 1.00 | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Francis X Conlon | ||||||||||
| Vice Chairman | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| J Arthur Carbonaro | ||||||||||
| Secretary | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Robert A Simon | ||||||||||
| Treasurer | 1.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Stephen B McPherson | ||||||||||
| President & CEO | 40.00 | 8.00 | Yes (X) | Yes (X) | $709,564 | $0 | $35,816 | |||
| Janet S Berry | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Sherwin M Borsuk MD | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| David A Gessert | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| William R Deickler | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Theodore J Nelson | ||||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Gail N Smith | ||||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Geoffrey L Ice | ||||||||||
| Director | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Barbara F Lott | ||||||||||
| Director | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Charles W Yohe | ||||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Robert F Polito Jr | ||||||||||
| Director | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Ronald A Thomas | ||||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| James R Rude | ||||||||||
| CFO/Asst Treas | 40.00 | 8.00 | Yes (X) | $287,580 | $0 | $28,046 | ||||
| Jennifer A King | ||||||||||
| Asst. Secretary | 1.00 | 40.00 | Yes (X) | $0 | $243,999 | $17,640 | ||||
| Jon-Paul Venoit | ||||||||||
| COO | 40.00 | 7.00 | $465,105 | $0 | $39,517 | Yes (X) | ||||
| Thomas Gutner | ||||||||||
| Administrator(MHC) | 39.00 | 1.00 | $232,623 | $0 | $33,007 | Yes (X) | ||||
| Steven Angelo MD | ||||||||||
| VP Medical Affairs | 40.00 | 0.00 | $383,396 | $0 | $37,593 | Yes (X) | ||||
| Margaret Steeves-Laffin | ||||||||||
| VP-Marketing | 40.00 | 0.00 | $201,600 | $0 | $38,055 | Yes (X) | ||||
| Tracey LeMay | ||||||||||
| VP-Corporate Compl | 40.00 | 1.00 | $197,312 | $0 | $44,139 | Yes (X) | ||||
| Brian Richard | ||||||||||
| CIO | 40.00 | 0.00 | $207,336 | $0 | $27,094 | Yes (X) | ||||
| R Scott Thelen | ||||||||||
| Former CFO | 0.00 | 0.00 | $274,600 | $0 | $26,817 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,959,116 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $243,999 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $327,724 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 26 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Makiaris Media Services | |||||
| 101 Center Point Drive Suite 101 | Middletwon | CT | 06457 | Media Services | $336,071 |
| CDW Government | |||||
| 74 Remittance Drive Suite 1515 | Chicago | IL | 60675 | Supplies | $366,302 |
| Medical Information Technology Inc | |||||
| PO Box 74569 | Chicago | IL | 60696 | IT Services | $262,119 |
| Gotham Technology Group LLC | |||||
| 1 Paragon Drive Suite 200 | Montvale | NJ | 07645 | IT Service | $246,882 |
| Microsoft Corporation | |||||
| 6100 Neil Road | Reno | NV | 89511 | IT Services | $423,432 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 30 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Management fees | Desc |
| Business | 623000 | BusinessCd |
| Total Revenue Column | $9,525,941 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,525,941 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,525,941 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $836 | TotalRevenueColumnAmt |
| Exclusion | $836 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $500,362 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $431,245 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $69,117 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $69,117 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$21,741 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $90,858 | ExclusionAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| Child day care | 900099 | $617,423 | $617,423 |
| Livery services | 900099 | $34,326 | $34,326 |
| Teaching Services | 900099 | $14,387 | $14,387 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,509 | TotalRevenueColumnAmt |
| Exclusion | $10,509 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $676,645 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,272,539 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,504,200 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $768,339 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,582,911 | TotalAmt |
| Program Services | $1,582,911 | ProgramServicesAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,590,803 | TotalAmt |
| Program Services | $11,590,803 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,311,504 | TotalAmt |
| Program Services | $2,311,504 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $895,510 | TotalAmt |
| Program Services | $895,510 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,445 | TotalAmt |
| Program Services | $173,445 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,893 | TotalAmt |
| Program Services | $13,893 | ProgramServicesAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,014 | TotalAmt |
| Program Services | $96,014 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $532,532 | TotalAmt |
| Program Services | $532,532 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,763 | TotalAmt |
| Program Services | $99,763 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,219 | TotalAmt |
| Program Services | $127,219 | ProgramServicesAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,854 | TotalAmt |
| Program Services | $193,854 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,200,284 | TotalAmt |
| Program Services | $1,200,284 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $243,823 | TotalAmt |
| Program Services | $243,823 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Miscellaneous | $689,251 | $689,251 |
| Purchased Services | $626,922 | $626,922 |
| Repairs & maintenance | $539,806 | $539,806 |
| Telephone | $211,120 | $211,120 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $743,802 | TotalAmt |
| Program Services | $743,802 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,872,456 | TotalAmt |
| Program Services | $21,872,456 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $3,137,928 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $223,782 | BOYAmt |
| EOY | $235,395 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $41,776,026 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $25,324,505 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,880,183 | BOYAmt |
| EOY | $16,451,521 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,231,543 | BOYAmt |
| EOY | $35,985,266 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,335,508 | BOYAmt |
| EOY | $55,810,110 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,426,907 | BOYAmt |
| EOY | $1,747,236 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,869,224 | BOYAmt |
| EOY | $96,082,224 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,579,832 | BOYAmt |
| EOY | $50,369,922 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,875,963 | BOYAmt |
| EOY | $148,199,382 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$100,540,455 | BOYAmt |
| EOY | -$92,389,272 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$100,540,455 | BOYAmt |
| EOY | -$92,389,272 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,335,508 | BOYAmt |
| EOY | $55,810,110 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$11,599,917 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $19,751,100 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type3 Func Int | Yes (X) | SupportingOrgType3FuncIntInd |
| Supported Organizations | 7 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (7 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| Masonicare Health Center Inc | ||||
| 060655131 | 3 | false | $2,613,482 | $0 |
| Masonicare at Newtown Inc | ||||
| 061040285 | 9 | false | $1,946,573 | $0 |
| Masonicare at Ashlar Village Inc | ||||
| 061050830 | 9 | false | $0 | $0 |
| Masonicare Home Health and Hospice | ||||
| 061101924 | 9 | false | $0 | $0 |
| Masonicare at Home Inc | ||||
| 202377783 | 9 | false | $0 | $0 |
| Masonic Charity Foundation of CT | ||||
| 061435920 | 7 | false | $1,076,579 | $0 |
| Masonicare at Mystic Inc | ||||
| 464656008 | 9 | false | $175,692 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 7 | SupportedOrganizationsTotalCnt |
| Support Sum | $5,812,326 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (true) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | false | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | false | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | false | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timely Provided Documents | Yes (true) | TimelyProvidedDocumentsInd |
| Officers Close Relationship | Yes (true) | OfficersCloseRelationshipInd |
| Supported Org Voice Investment | false | SupportedOrgVoiceInvestmentInd |
Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Parent Supported Org | Yes (X) | ParentSupportedOrgInd |
| Activities Further Exempt Prps | false | ActivitiesFurtherExemptPrpsInd |
| Activities Engaged Org Invlmnt | false | ActivitiesEngagedOrgInvlmntInd |
| Appoint Elect Majority Officer | Yes (true) | AppointElectMajorityOfficerInd |
| Exercise Direction Policies | Yes (true) | ExerciseDirectionPoliciesInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I: Additional 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. |
| Part IV, Section E, Line 3a: Organization Has Power to Appoint Or Elect Governing Persons | The supported organizations had a significant voice in Masonicare Corporations investment policies and in directing the use of Masonicare Corporations 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 four and eight Board members overlap with the Masonicare Corporation Board. Because 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. |
| Part IV, Section E, Line 3b: Role Played in Management of 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. |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $81,376,566 | BeginningYearBalanceAmt |
| Contributions | $276,087 | ContributionsAmt |
| Investment Earnings Or Losses | $403,895 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $60,860 | GrantsOrScholarshipsAmt |
| Other Expenditures | $44,054 | OtherExpendituresAmt |
| End Year Balance | $81,951,634 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $82,543,622 | BeginningYearBalanceAmt |
| Contributions | $211,991 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,258,763 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $88,941 | GrantsOrScholarshipsAmt |
| Other Expenditures | $31,343 | OtherExpendituresAmt |
| End Year Balance | $81,376,566 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $81,622,019 | BeginningYearBalanceAmt |
| Contributions | $176,298 | ContributionsAmt |
| Investment Earnings Or Losses | $1,079,326 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $77,473 | GrantsOrScholarshipsAmt |
| Other Expenditures | $256,548 | OtherExpendituresAmt |
| End Year Balance | $82,543,622 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $80,082,741 | BeginningYearBalanceAmt |
| Contributions | $784,086 | ContributionsAmt |
| Investment Earnings Or Losses | $873,915 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $74,396 | GrantsOrScholarshipsAmt |
| Other Expenditures | $44,327 | OtherExpendituresAmt |
| End Year Balance | $81,622,019 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $77,282,525 | BeginningYearBalanceAmt |
| Contributions | $837,166 | ContributionsAmt |
| Investment Earnings Or Losses | $2,076,341 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $77,087 | GrantsOrScholarshipsAmt |
| Other Expenditures | $36,204 | OtherExpendituresAmt |
| End Year Balance | $80,082,741 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.96220 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.03780 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (true) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (true) | RelatedOrgListSchRInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,728,691 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,257,849 | DepreciationAmt |
| Book Value | $9,470,842 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $92,180 | OtherCostOrOtherBasisAmt |
| Depreciation | $51,323 | DepreciationAmt |
| Book Value | $40,857 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,055,454 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,035,265 | DepreciationAmt |
| Book Value | $2,020,189 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,899,701 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,980,068 | DepreciationAmt |
| Book Value | $4,919,633 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $16,451,521 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Debt service fund | $542,071 |
| Investment in subsidiaries | $26,582,018 |
| Other receivables | $6,068,154 |
| Recovery of Est Insurance Liability | $887,993 |
| Unamortized financing costs | $1,605,030 |
| Under trust for self ins. liabilities | $300,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $35,985,266 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (10 entries)
| DescDesc | AmtAmt |
|---|---|
| Accrued Employee Benefits Current | $431,105 |
| Accrued Employee Compensation | $1,831,828 |
| Accrued post retirement ben L/T | $18,597,998 |
| Deposits | $21,646 |
| Est settlements due third party payors | $7,212 |
| Est. Ins. Liab through comm payors | $887,993 |
| Interest rate swap liability | $21,702,372 |
| Other long term liabilities | $5,519,917 |
| Rounding | $3 |
| Self insurance liabilities | $1,369,848 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $50,369,922 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: Intended uses of the endowment fund. | The endowment funds are used to support the philanthropic mission and activities of Masonicare, Inc and its affiliates. |
| Part X : FIN48 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 if it 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, 2016 and 2015. 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 2013 onwards are eligible for audit by the IRS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
| Rebuttable Presumption Proc | false | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brian Richard | ||||||||||||
| CIO | $204,089 | $3,000 | $247 | $1,816 | $25,278 | $234,430 | ||||||
| James R Rude | ||||||||||||
| CFO/Asst Treas | $284,257 | $3,000 | $323 | $1,848 | $26,198 | $315,626 | ||||||
| Jennifer A King | ||||||||||||
| Asst. Secretary | $209,168 | $25,551 | $9,280 | $8,333 | $9,307 | $261,639 | ||||||
| Jon-Paul Venoit | ||||||||||||
| COO | $308,250 | $32,250 | $124,605 | $10,965 | $28,552 | $504,622 | ||||||
| Margaret Steeves-Laffin | ||||||||||||
| VP-Marketing | $161,860 | $39,740 | $6,972 | $31,083 | $239,655 | |||||||
| R Scott Thelen | ||||||||||||
| Former CFO | $274,600 | $26,817 | $301,417 | |||||||||
| Stephen B McPherson | ||||||||||||
| President & CEO | $567,427 | $40,525 | $101,612 | $10,559 | $25,257 | $745,380 | ||||||
| Steven Angelo MD | ||||||||||||
| VP Medical Affairs | $340,023 | $42,851 | $522 | $10,957 | $26,636 | $420,989 | ||||||
| Thomas Gutner | ||||||||||||
| Administrator(MHC) | $168,158 | $64,465 | $7,099 | $25,908 | $265,630 | |||||||
| Tracey LeMay | ||||||||||||
| VP-Corporate Compl | $175,255 | $22,057 | $7,751 | $36,388 | $241,451 | |||||||
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a: Relevant information in regards to selections on 1a. | Stephen B. McPherson was reimbursed for the grossed-up value of disablility insurance premiums ($5,023) under terms of the executive's employment contract (included in Schedule J, Part II, Column (B)(iii) "Other reportable compensation"). |
| Part I, Line 7: Non-Fixed payments not listed above | Compensation to reward senior management for achieving annual quality strategic and financial goals for the organization for the amounts reported on Schedule J, Part II, Column(B)(ii) "Bonus and Incentive Compensation". |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd |
|---|---|---|---|---|---|---|---|
| Connecticut Health and Education Facilities Authority | |||||||
| A | 060806186 | 207744QH1 | 2007-10-23 | $81,065,000 | Refin bonds 12/18/97/Cap proj | false | false |
| Connecticut Health and Education Facilities Authority | |||||||
| B | 060806186 | 000000000 | 2012-09-05 | $33,000,000 | Refin existing bonds-10/23/07 | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|
| A | $81,065,000 | $6,575,398 | $46,965,658 | $2,176,003 | $38,498,737 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $33,000,000 | $32,591,541 | $408,459 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | Yes (true) |
| B | false | false | false | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | Rebate Not Due YetRebateNotDueYetInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Merrill Lynch | ||||||||||
| A | Yes (true) | Yes (true) | 30.0000 | false | false | false | false | false | false | |
| (no name) | ||||||||||
| B | false | false | false | false | false | false | Yes (true) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (14 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | The organization has one class of member with the right to elect members of the governing body and to participate in the organization's governance. |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | The members annually elect one-third of the members of the governing body. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | Pursuant to the Certificate of Incorporation of the organization, Masonicare Corporation, as the sole corporate member of its affiliate organizations, has reserved powers to take or approve certain actions of these governing bodies. These powers include the prior approval of amendments to the organization's certificate of incorporation and bylaws, approval of long range plans, budgets and material changes in budgets, mission statements and policies (including investment policies) as well as sales or transfer of assets, mergers and/or dissolutions and certificates of need applications. The sole corporate member's powers also include the appointment and removal of directors, the organization's board chairman and independent audit firm. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | Masonicare management and our third party 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: Explanation of Monitoring and Enforcement of Conflicts | Annually, officers, trustees and senior employees are required to complete a conflict of interest disclosure. 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. 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: Compensation Review & Approval Process - CEO, Top Management | The compensation committee of the board engages an independent firm to certify the reasonableness of the compensation of the President and Chief Executive Officer. The process was completed in November 2015. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | The compensation committee of the board engages an independent firm to certify the reasonableness of the compensation of the executive management group of the organization annually. The process was completed in November 2015 for the following positions: Chief Operating Officer, Chief Financial Officer, Chief Administrative Officer, Chief Information Officer, Vice President of Marketing, Vice President of Mission Effectiveness, Vice President of Medical Affairs, Vice President of Human Resources. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | The Masonicare Corporation financial statements are publicly available through EMMA and public securities markets. The statements are included in the Masonicare Corporation consolidated financial statements. The certificate of incorporation and related documents are on file with the Connecticut Secretary of State's office. The conflict of interest policy is available upon request. |
| Other Changes In Net Assets Or Fund Balances - Other Increases | Intercompany = $7212728 |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | Minimum pension liability adj = -$338564 |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | Swap valuation = -$2314018 |
| Other Changes In Net Assets Or Fund Balances - Other Increases | Transfers from Masonic Charity Foundation = $15190954 |
| Part 990, Part X, Line 20 TE Bond Liabilities | The Masonicare obligated group is responsible for the repayment of the Series C and Series E bonds issued by Masonicare, Inc. in 2007 and 2011. The members of the obligated group are Masonicare, Inc., Masonic Charity Foundation of CT, Masonicare Health Center, Masonicare at Ashlar Village, Inc., Masonicare at Newtown, Inc. Masonicare at Home, Inc and Masonicare Home, Health and Hospice, Inc. The current outstanding bond balance is $96,082,224. |
| 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 exempt organizations, not necessarily equally but in the proportion required for which they receive no compensation. Related organizations include Masonic Charity Foundation of CT, Masonicare Health Center, Masonicare at Newtown, Inc, Masonicare at Ashlar Village Inc, Masonicare at Home Inc, Masonicare Home Health and Hospice Inc, Masonicare Partners Home Health and Hospice, Masonicare at Mystic Inc and Keystone Indemnity Company. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Masonic Charity Foundation of CT | |||||||||||
| PO Box 70 | Wallingford | CT | 06492 | 061435920 | Provide planned giving and development | CT | 501(c)(3) | 7 | NA | Yes (true) | |
| Masonicare Health Center | |||||||||||
| PO Box 70 | Wallingford | CT | 06492 | 060655131 | Provide medical services to elderly | CT | 501(c)(3) | 9 | NA | Yes (true) | |
| Masonicare at Newtown Inc | |||||||||||
| PO Box 70 | Wallingford | CT | 06492 | 061070285 | Skilled nursing/assisted living services | CT | 501(c)(3) | 9 | NA | Yes (true) | |
| Masonicare at Ashlar Village Inc | |||||||||||
| PO Box 70 | Wallingford | CT | 06492 | 061050830 | Continuing care retirement and assisted living community | CT | 501(c)(3) | 9 | NA | Yes (true) | |
| Masonicare Home Health and Hospice Inc | |||||||||||
| PO Box 70 | Wallingford | CT | 06492 | 061101924 | Provide home health services | CT | 501(c)(3) | 9 | NA | Yes (true) | |
| Masonicare Partners Home Health & Hospic | |||||||||||
| 111 Founders Plaza Suite 200 | East Hartford | CT | 06108 | 260758992 | Provide home health services | CT | 501(c)(3) | 9 | Masonicare Home Health and Hospice65 | Yes (true) | |
| Masonicare at Home Inc | |||||||||||
| PO Box 70 | Wallingford | CT | 06492 | 202377783 | Provide home services to elderly | CT | 501(c)(3) | 9 | NA | Yes (true) | |
| Keystone Indemnity Company LTD | |||||||||||
| 126 College Street | Burlington | VT | 05401 | 030371612 | Provides insurance servies to Masonicare | VT | 501 (c)(3) | 11a | NA | Yes (true) | |
| Masonicare at Mystic Inc | |||||||||||
| PO Box 70 | Wallingford | CT | 06492 | 464656008 | Manage senior living facility | CT | 501(c)(3) | 9 | Masonicare at Ashlar Village | Yes (true) | |
| AF & AM of CT Grand Lodge | |||||||||||
| PO Box 250 | Wallingford | CT | 06492 | 060243277 | Masonic Fraternal Organization | CT | 501(c)10 | false | N/A | ||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Masonicare Primary Care Physicians PC | ||||||||||
| PO Box 70 | Wallingford | CT | 06492 | 061491820 | Physician medical practice | CT | NA | C Corp | 1.00000 | Yes (true) |
| Masonic Management Services | ||||||||||
| PO Box 70 | Wallingford | CT | 06492 | 061468972 | Provides management services | CT | NA | C Corp | 1.00000 | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (20 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Masonic Charity Foundation of CT | ||
| l | $63,859 | Cost |
| Masonic Charity Foundation of CT | ||
| p | $1,012,720 | Cost |
| Masonic Charity Foundation of CT | ||
| s | $15,190,954 | Cost |
| Masonicare Health Center | ||
| k | $60,439 | cost |
| Masonicare Health Center | ||
| l | $3,539,994 | Cost |
| Masonicare Health Center | ||
| q | $866,073 | Cost |
| Masonicare at Newtown Inc | ||
| l | $1,071,399 | Cost |
| Masonicare at Newtown Inc | ||
| p | $875,174 | Cost |
| Masonicare at Ashlar Village Inc | ||
| l | $810,597 | Cost |
| Masonicare at Ashlar Village Inc | ||
| q | $9,886,732 | Cost |
| Masonicare Home Health and Hospice Inc | ||
| l | $3,326,187 | Cost |
| Masonicare Home Health and Hospice Inc | ||
| q | $6,859,459 | Cost |
| Masonicare at Home Inc | ||
| l | $296,875 | Cost |
| Masonicare at Home Inc | ||
| q | $377,534 | Cost |
| Keystone Indemnity Company LTD | ||
| m | $991,000 | Cost |
| Keystone Indemnity Company LTD | ||
| s | $144,000 | Cost |
| Masonicare at Mystic Inc | ||
| p | $175,692 | Cost |
| Masonicare Primary Care Physicians PC | ||
| b | $2,540,137 | Cost |
| Masonicare Primary Care Physicians PC | ||
| j | $192,681 | Cost |
| Masonicare Primary Care Physicians PC | ||
| l | $402,576 | Cost |