2016-08-31T13:04:25-07:00 2015-09-30 990 2014-10-01 061435919 Masonicare Corporation MASO 2036797857 PO Box 70 Wallingford CT 06492 James R Rude CFO 2016-08-31 2014 2016-09-27 15:27:22Z Stephen B McPherson PO Box 70 Wallingford CT 06492 10236075 false false X WWW.MASONICARE.ORG X 1995 CT See Schedule O. 16 15 218 200 31433 65044 102919 55615 9190318 9046329 -899 -822 777088 747847 10069426 9848969 45000 45000 0 14860571 14356093 0 0 4452362 5008465 19357933 19409558 -9288507 -9560589 50392066 48335508 142910519 148875963 -92518453 -100540455 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 false false 19409558 45000 9848969 Masonicare provides management support for its affiliates 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. 19409558 true true false true false false false false false false true false false true true false false true false false false false false false false false false true false true true false false false false false false false false false false false false false false false true false false false false true 73 0 true 218 true true true false false false false false false 0 false false false false false false false false false false X 16 15 false false false false true true true true true false true true true true true true true true true true false CT X X James R Rude 2036787857 22 Masonic Avenue Wallingford CT 06492 Howard W Orr Vol/Chairman 1.00 0.00 X 0 0 0 Francis X Conlon Vol/V. Chairman 1.00 0.00 X 0 0 0 J Arthur Carbonaro Vol/Secretary 1.00 0.00 X 0 0 0 Robert A Simon Vol/Treasurer 1.00 0.00 X 0 0 0 Stephen B McPherson President & CEO 40.00 0.00 X X 959801 0 32378 Janet S Berry Volunteer 1.00 0.00 X 0 0 0 Sherwin M Borsuk MD Volunteer 1.00 0.00 X 0 0 0 David A Gessert Volunteer 1.00 0.00 X 0 0 0 William R Deickler Volunteer 1.00 0.00 X 0 0 0 Theodore J Nelson Volunteer 1.00 0.00 X 0 0 0 Gail N Smith Volunteer 1.00 0.00 X 0 0 0 Geoffrey L Ice Volunteer 1.00 0.00 X 0 0 0 Barbara F Lott Volunteer 1.00 0.00 X 0 0 0 Charles W Yohe Volunteer 1.00 0.00 X 0 0 0 Robert F Polito Jr Volunteer 1.00 0.00 X 0 0 0 Ronald A Thomas Volunteer 1.00 0.00 X 0 0 0 James Rude effective 010515 CFO/Asst Treas 40.00 1.00 X 0 0 0 Jennifer A King Asst. Secretary 1.00 40.00 X 0 248884 17338 R Scott Thelen thru 110114 CFO/Asst Treas 40.00 1.00 X 423725 0 33297 Jon-Paul Venoit COO 40.00 1.00 X 335173 0 35446 Steven Angelo MD VP Medical Affairs 40.00 0.00 X 374902 0 35572 Margaret Steeves-Laffin VP-Marketing 40.00 0.00 X 179310 0 34105 Tracey LeMay VP-Corporate Compl 40.00 0.00 X 192589 0 33973 Michael Nichols thru 101114 CIO 40.00 0.00 X 206467 0 16729 2671967 248884 238838 17 false true false Makiaris Media Services 101 Center Point Drive Suite 101 Middletown CT 06457 Media Services 345399 EGA Architects 1 Vernon Street Newburyport MA 01950 Architects 1050000 CDW Government 74 Remittance Drive Suite 1515 Chicago IL 60675 Supplies 338473 Robert Half Technology 12400 Collections Center Drive Chicago IL 60693 Staffing 355372 Microsoft Corporation 6100 Neil Road Reno NV 89511 IT Services 423432 27 55615 55615 Management fees 623000 9046329 9046329 9046329 -822 -822 0 0 463077 387106 75971 75971 28199 31433 16339 0 0 0 0 Child day care 603032 603032 Livery services 36843 36843 Masonicare University 19161 19161 12840 12840 671876 9848969 9074528 31433 687393 45000 45000 0 0 0 1753168 1753168 0 10561420 10561420 0 1151626 1151626 889879 889879 0 192003 192003 13797 13797 0 0 0 29831 29831 551283 551283 96322 96322 0 0 0 132076 132076 0 0 191835 191835 0 1000771 1000771 175712 175712 Purchased Services 575419 575419 Miscellaneous 506995 506995 Contract Labor 305822 305822 Repairs & maintenance 298700 298700 937899 937899 19409558 19409558 0 0 3049941 0 0 0 0 0 0 0 0 179636 223782 37966111 24085928 12495443 13880183 0 0 0 0 34667046 34231543 50392066 48335508 1111715 1426907 101542224 98869224 40256580 48579832 142910519 148875963 X -92518453 -100540455 -92518453 -100540455 50392066 48335508 X -9560589 1538587 X false true X true false X X 7 Masonicare Health Center Inc 060655131 3 true 3598376 0 Masonicare at Newtown Inc 061040285 9 true 5484928 0 Masonicare at Ashlar Village Inc 061050830 9 true 0 0 Masonicare Home Health and Hospice 061101924 9 true 582368 0 Masonicare at Home Inc 202377783 9 true 0 0 Masonic Charity Foundation of CT 061435920 7 true 397327 0 Masonicare at Mystic Inc 464656008 9 true 3188 0 7 10066187 true false false false false false false false false false false false false false false true true false X false false true false 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.Masonicare Corporation received $19,900,000 from Masonic Charity Foundation of CT in order for Masonicare to provide the services. Part IV, Section E, Line 3a: Organization Has Power to Appoint Or Elect Governing Persons Masonicare Corporation, as the sole corporate member, has certain reserved powers to take or approve certain actions of the governing board; these powers include the appointment and removal of directors. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false false false false false Part II-B, Line 1i - Other Activities Description Lobbying activity arrangements were discontinued in November 2014. 13654800 3880904 9773896 92180 43490 48690 19740934 18225995 1514939 4478197 1935539 2542658 13880183 Debt service fund 506143 Investment in subsidiaries 26582018 Other receivables 5068390 Recovery of Est Insurance Liability 107985 Unamortized financing costs 1667007 Under trust for self ins. liabilities 300000 34231543 Accrued Employee Benefits Current 2178716 Accrued Employee Compensation 1696317 Accrued post retirement ben L/T 16616874 Cash overdraft 2516082 Deposits 23705 Est settlements due third party payors 16623 Est. Ins. Liab through comm payors 107985 Interest rate swap liability 19388354 Other long term liabilities 4600342 Self insurance liabilities 1434834 48579832 true LeadingAge Inc 2519 Connecticut Avenue NW Washington DC 20008 136213525 45000 0 Cost Innovations Fund 1 0 Grantmaker's Description of How Grants are Used Periodic reports are provided on the progress toward fund objectives. X true true X X X X true true false false false false false true false false Jennifer A King Asst. Secretary 206862 31779 10243 8624 8714 266222 Jon-Paul Venoit COO 293661 30000 11512 10350 25096 370619 Margaret Steeves-Laffin VP-Marketing 159163 17931 2216 6821 27284 213415 Michael Nichols thru 101114 CIO 206053 414 7293 9436 223196 R Scott Thelen thru 110114 CFO/Asst Treas 385303 37801 621 10316 22981 457022 Stephen B McPherson President & CEO 562665 35000 362136 10350 22028 992179 Steven Angelo MD VP Medical Affairs 335877 38550 475 10350 25222 410474 Tracey LeMay VP-Corporate Compl 160186 32269 134 7614 26359 226562 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 ($16,987) 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".A taxable automobile allowance was provided to Stephen B. McPherson ($13,250) and Jon-Paul Venoit($11,212)as a part of their employment arrangements (included in Schedule J, Part II, Column(B)(iii) "Other Reportable Compensation"). A Connecticut Health and Education Facilities Authority 060806186 207744QH1 2007-10-23 81065000 Refinance existing bonds and to finance capital projects false false B Connecticut Health and Education Facilities Authority 060806186 2012-09-05 33000000 Refinance existing bonds false false A 81065000 6575398 46965658 2176003 38498737 true false true true B 33000000 true false true true A false false false false false true B false false false false false true A true Merrill Lynch 30.0000 false false false false B false false false false false 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 reviews 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 secure website, which can be accessed by the board members for their review. At a full board meeting, a discussion is held regarding comments/questions from board members. The tax return is 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 and the executive management group of the organization annually. The process was completed in November 2014 for the following positions: President and Chief Executive Officer, 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, Masonicare at Ashlar Village-Executive Director, Masonic Charity Foundation of CT-Executive Director, Masonicare Health Center-Vice President of Administration, Masonicare Home Health and Hospice-Associate Executive Director and Masonicare at Newtown-Administrator. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees See response to Question 15a. 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 Decreases Intercompany = -$9915450 Other Changes In Net Assets Or Fund Balances - Other Decreases Minimum pension liability adj = -$5452379 Other Changes In Net Assets Or Fund Balances - Other Decreases Swap valuation = -$2993584 Other Changes In Net Assets Or Fund Balances - Other Increases Transfers from Masonic Charity Foundation = $19900000 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. 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 $98,869,224. Masonic Charity Foundation of CT PO Box 70 Wallingford CT 06492 061435920 Provide planned giving and development CT 501(c)(3) 7 NA false Masonicare Health Center PO Box 70 Wallingford CT 06492 060655131 Provide medical services to elderly CT 501(c)(3) 9 NA false Masonicare at Newtown Inc PO Box 70 Wallingford CT 06492 061070285 Skilled nursing/assisted living services CT 501(c)(3) 9 NA false 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 false Masonicare Home Health and Hospice Inc PO Box 70 Wallingford CT 06492 061101924 Provide home health services CT 501(c)(3) 9 NA false 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 false Masonicare at Home Inc PO Box 70 Wallingford CT 06492 202377783 Provide home services to elderly CT 501(c)(3) 9 NA false Keystone Indemnity Company LTD 126 College Street Burlington VT 05401 030371612 Provides insurance servies to Masonicare VT 501 (c)(3) 11a NA false Masonicare at Mystic Inc PO Box 70 Wallingford CT 06492 464656008 Manage senior living facility CT 501(c)(3) 9 Masonicare at Ashlar Village false Senior Living by MasonicareLLC PO Box 70 Wallingford CT 06492 364784728 Manage senior living facility CT Masonicare at Mystic false false 0.78130 Masonicare Primary Care Physicians PC PO Box 70 Wallingford CT 06492 061491820 Physician medical practice CT NA C Corp 1.00000 false Masonic Management Services PO Box 70 Wallingford CT 06492 061468972 Provides management services CT NA C Corp 1.00000 false false false true false false false false false false true false true true false false true true false true Masonic Charity Foundation of CT c 55615 Cost Masonic Charity Foundation of CT l 57494 Cost Masonic Charity Foundation of CT p 454821 Cost Masonic Charity Foundation of CT s 19900000 Cost Masonicare Health Center j 97091 Cost Masonicare Health Center l 3459427 Cost Masonicare Health Center p 7154893 Cost Masonicare at Newtown Inc l 1042108 Cost Masonicare at Newtown Inc p 6527037 Cost Masonicare at Ashlar Village Inc l 785717 Cost Masonicare at Ashlar Village Inc q 6214729 Cost Masonicare Home Health and Hospice Inc l 3071239 Cost Masonicare Home Health and Hospice Inc p 3653606 Cost Masonicare at Home Inc l 216405 Cost Masonicare at Home Inc p 131699 Cost Keystone Indemnity Company LTD m 1369018 Cost Senior Living by MasonicareLLC q 153032 Cost Masonicare Primary Care Physicians PC j 182590 Cost Masonicare Primary Care Physicians PC l 385081 Cost Masonicare Primary Care Physicians PC p 3296241 Cost Masonic Management Services l 28859 Cost Masonic Management Services p 131565 Cost