2013-02-01T10:43:46-06:00 2012-09-30 061009205 BLUM SHAPIRO & COMPANY PC CPA'S 29 S MAIN STREET PO BOX 272000 WEST HARTFORD CT 061272000 990 2011-10-01 270268085 MW HEALTHCARE INC MWHE 2035627222 118 CLINTON AVENUE NEW HAVEN CT 06513 DAVID V HUNTER 2035627222 2013-01-24 1 ELIZABETH SOLECKI P00235171 8605614000 2011 2016-02-25 16:41:14Z DAVID V HUNTER 118 CLINTON AVENUE NEW HAVEN CT 06513 4775760 0 X N/A X 2009 CT MW HEALTHCARE, INC. PROVIDES MANAGEMENT SERVICES TO THE MARY WADE HOME, INC. AND HOLDS AND MANAGES THE ENDOWMENT ASSETS FOR THE BENEFIT OF THE MARY WADE HOME, INC. 16 16 0 0 0 0 0 0 0 0 460783 582196 0 0 460783 582196 0 0 0 0 146750 113509 0 0 0 91925 114546 238675 228055 222108 354141 12445754 14735457 129283 264341 12316471 14471116 MW HEALTHCARE, INC. PROVIDES MANAGEMENT SERVICES TO THE MARY WADE HOME, INC. AND HOLDS AND MANAGES THE ENDOWMENT ASSETS FOR THE BENEFIT OF THE MARY WADE HOME, INC. 0 0 228055 MW HEALTHCARE, INC. PROVIDES MANAGEMENT SERVICES TO THE MARY WADE HOME, INC. AND HOLDS AND MANAGES THE ENDOWMENT ASSETS FOR THE BENEFIT OF THE MARY WADE HOME, INC. 228055 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 16 16 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SUSAN REDMAN 2035627222 118 CLINTON AVENUE NEW HAVEN CT 06513 ALFRED J GOLDBERG 1.00 X X 0 0 0 HAROLD S SPITZER 1.00 X X 0 0 0 LUCIE IANNOTTI 1.00 X X 0 0 0 DAVID H STAHELSKI 1.00 X X 0 0 0 MARY E DAVIS 1.00 X 0 0 0 RICHARD A HUTCHINSON 1.00 X 0 0 0 LAWRENCE IANNOTTI 1.00 X 0 0 0 JOHN H MOONEY 1.00 X 0 0 0 PATRICIA A GANUN 1.00 X 0 0 0 LUIS A PAGAN 1.00 X 0 0 0 MARIANNE W PROKOP 1.00 X 0 0 0 MOIRA HAMBLETON 1.00 X 0 0 0 RAYMOND J PEACH 1.00 X 0 0 0 MARY BETH CANAVAN 1.00 X 0 0 0 MARILYN TOLAND 1.00 X 0 0 0 BRIAN E WNEK 1.00 X 0 0 0 CHRISTINA CIOCIOLA 1.00 X 0 0 0 DAVID HUNTER 40.00 X 64863 142895 19809 SUSAN REDMAN 40.00 X 29729 110173 12832 94592 253068 32641 0 0 1 0 0 424555 424555 4351205 4193564 157641 157641 157641 582196 0 0 582196 113509 113509 85646 85646 PURCHASED SERVICES 28900 28900 228055 228055 0 0 12444754 14734457 1000 1000 12445754 14735457 129283 264341 129283 264341 X 12316471 14471116 12316471 14471116 12445754 14735457 X 354141 1800504 X 0 1 1 X 0 X X X X 0 0 0 MARY WADE HOME INC 060662192 501(C)(3) 1 1 1 0 1 0 12444754 2375348 85646 14734456 0 13085599 -557141 83704 12444754 1.00000 0 0 0 DUE TO RELATED PARTY 264341 264341 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO SUPPORT THE MARY WADE HOME, INC. X X X X 0 0 0 0 0 0 0 1 0 DAVID HUNTER 64863 102895 0 40000 0 0 0 0 13583 6226 78446 149121 0 0 SUSAN REDMAN 29729 72673 0 37500 0 0 0 0 4033 8799 33762 118972 0 0 PART I, LINE 7 THE CEO AND CFO RECEIVE BONUSES BASED ON ANNUAL PERFORMANCE ACCOMPLISHMENTS. THE AMOUNTS OF THE BONUSES ARE DETERMINED IN ACCORDANCE WITH THE COMPENSATION POLICY AS DESCRIBED ON SCHEDULE O OF FORM 990, PART VI, SECTION B, LINE 15. FORM 990, PART VI, SECTION A, LINE 2 LUCIE AND LAWRENCE IANNOTTI ARE WIFE AND HUSBAND. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND THEN REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF MANAGERS. THE FINANCE COMMITTEE THEN REPORTS TO THE FULL BOARD. A COMPLETE COPY IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE 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 RESTRICTION ARE PLACED ON PERSONS WITH A CONFLICT. THEY ARE PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DISCUSSIONS AND DECISIONS REGARDING THE TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE CEO PREPARES PERFORMANCE EVALUATIONS ON SENIOR STAFF, INCLUDING A SELF EVALUATION. THE PERFORMANCE EVALUATIONS ARE BASED ON DUTIES THAT ARE STATED WITHIN THE JOB DESCRIPTIONS, BENCHMARKS THAT ARE USED IN QUARTERLY DASHBOARD REPORTS (I.E. CENSUS, PAYOR MIX, STAFF TURNOVER, FINANCIAL INDICATORS, ETC.) AND ANNUAL GOALS. THE EVALUATIONS INCLUDE CURRENT ANNUAL SALARY (INCLUDING BONUSES), AND INCREASES THAT ARE RECOMMENDED TO THE COMMITTEE BY THE CEO. THE CEO MEETS WITH THE PERSONNEL COMMITTEE TO REVIEW PERFORMANCES AND ANSWER QUESTIONS, AND SUBMITS RECOMMENDATIONS FOR SALARY INCREASES, AND/OR REASONS FOR NOT INCREASING SALARIES. THE PERSONNEL COMMITTEE MEETS SEPARATELY WITHOUT STAFF TO DISCUSS THE EVALUATIONS AND RECOMMENDATIONS. TO ASSIST MANAGEMENT AND MEMBERS OF THE PERSONNEL COMMITTEE IN PROVIDING A COMPARISON ANALYSIS FOR EACH POSITION, THREE HUMAN RESOURCE WAGE AND BENEFIT RESOURCES ARE UTILIZED, AS LISTED BELOW: 1.) NURSING HOME SALARY & BENEFITS REPORT, 2012-2013, PUBLISHED BY HOSPITAL & HEALTHCARE COMPENSATION SERVICE IN COOPERATION WITH LEADINGAGE, PUBLISHED JULY 2012, EFFECTIVE DATE OF DATA: MARCH 2012. 2.) CONTINUING CARE RETIREMENT COMMUNITY SALARY & BENEFITS REPORT, 2012-2013, PUBLISHED BY HOSPITAL & HEALTHCARE COMPENSATION SERVICE IN COOPERATION WITH LEADINGAGE, PUBLISHED JULY 2012, EFFECTIVE DATE OF DATA: MARCH 2012. 3.) COMPENSATION & BENEFITS SURVEY, CONDUCTED BY KARDASLARSON, LLC, A HUMAN RESOURCE CONSULTING FIRM HEADQUARTERED IN AVON, CT. THIS REPORT WAS SPONSORED BY LEADINGAGE CONNECTICUT AND LEADINGAGE MASSACHUSETTS AND THE SURVEY INCLUDES RESULTS FROM ORGANIZATIONS IN CT AND MA. THE SURVEY WAS PUBLISHED AUGUST 2012. THE ANNUAL PERFORMANCE EVALUATIONS AND RECOMMENDATIONS FOR COMPENSATION PACKAGES (INCLUDING BONUSES) ARE PRESENTED TO THE BOARD OF MANAGERS BY THE PERSONNEL COMMITTEE IN SPECIAL SESSION. FOLLOWING BOARD ACTION, A REPRESENTATIVE OF THE PERSONNEL COMMITTEE MEETS WITH THE CEO TO COMMUNICATE THE ACTIONS THAT WERE TAKEN. THE CEO MEETS SEPARATELY WITH SENIOR STAFF MEMBERS TO REVIEW THEIR EVALUATIONS AND COMPENSATION PACKAGE FOR THE COMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 THIS INFORMATION IS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,793,152. TRANSFER OF ENDOWMENT FUNDS FROM RELATED PARTY 7,352. TOTAL TO FORM 990, PART XI, LINE 5: 1,800,504. THE MARY WADE HOME INC 118 CLINTON AVENUE NEW HAVEN CT 06513 060662192 PROVIDES LONG TERM CARE TO THE FRAIL ELDERLY CT 501(C)(3) LINE 9 MW HEALTHCARE INC 1 MWH HOLDINGS INC 118 CLINTON AVENUE NEW HAVEN CT 06513 611403583 OPERATES AS A TITLE HOLDING CORPORATION FOR A NON-FOR-PROFIT CT 501(C)(2) MW HEALTHCARE INC 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 THE MARY WADE HOME INC E 264341 COST THE MARY WADE HOME INC R 7352 FMV THE MARY WADE HOME INC N 113509 COST