Form 990 for tax year 2024
Filed by THE MARY WADE HOME INCORPORATED.
Totals
- Total revenue
- $20,704,268
- Total expenses
- $18,675,741
- Contributions and grants received
- $4,562,222
- Grants paid
- $0
- Program service revenue
- $16,106,153
- Investment income
- $27,606
- Other revenue
- $8,287
- Total assets, end of year
- $49,937,855
- Total liabilities, end of year
- $49,098,024
- Net assets or fund balances, end of year
- $839,831
- Program services expenses (Part IX)
- $15,293,767
- Management and general expenses
- $3,023,826
- Fundraising expenses
- $358,148
- Program service expenses (Part III)
- $15,293,767
Program services were 81.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$60,994
-
1d · Related organizations
$1,122,689
-
1e · Government grants (contributions)
$2,629,545
-
1f · All other contributions, gifts and grants
$748,994
-
2a · Program service revenue: SKILLED NURSING FACILITY
total $13,238,441 · related or exempt $13,238,441
-
2b · Program service revenue: RESIDENT CARE REVENUES
total $2,143,390 · related or exempt $2,143,390
-
2c · Program service revenue: ADULT DAY CARE REVENUES
total $724,322 · related or exempt $724,322
-
3 · Investment income
total $8,685 · excluded $8,685
-
6a · Gross rents
real property $5,237
-
6b · Less rental expenses
real property $5,237
-
6c · Rental income or loss
real property $0
-
7a · Gross sales of assets other than inventory
securities $158,110
-
7b · Less cost or other basis and sales expenses
securities $139,189
-
7c · Gain or loss
securities $18,921
-
7d · Net gain or loss
total $18,921 · excluded $18,921
-
8a · Fundraising events: gross income
$24,739
-
8a · Fundraising events: contributions included on line 1c
$60,994
-
8b · Fundraising events: direct expenses
$27,665
-
8c · Net income from fundraising events
total -$2,926 · excluded -$2,926
-
11a · Other revenue: MISCELLANEOUS INCOME
total $11,213 · excluded $11,213
-
11e · Other revenue, total
$11,213
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $325,514 · program services $16,276 · management and general $276,687 · fundraising $32,551
-
7 · Other salaries and wages
total $9,312,704 · program services $7,770,065 · management and general $1,285,810 · fundraising $256,829
-
8 · Pension plan contributions
total $118,438 · program services $95,681 · management and general $19,201 · fundraising $3,556
-
9 · Other employee benefits
total $1,149,455 · program services $928,600 · management and general $186,344 · fundraising $34,511
-
10 · Payroll taxes
total $708,184 · program services $572,114 · management and general $114,807 · fundraising $21,263
-
11b · Fees: legal
total $49,463 · management and general $49,463
-
11c · Fees: accounting
total $60,723 · management and general $60,723
-
11f · Fees: investment management
total $444 · management and general $444
-
12 · Advertising and promotion
total $6,454 · management and general $6,454
-
13 · Office expenses
total $344,879 · program services $103,743 · management and general $241,136
-
14 · Information technology
total $364,250 · program services $182,125 · management and general $182,125
-
16 · Occupancy
total $480,835 · program services $451,328 · management and general $29,507
-
17 · Travel
total $74,079 · program services $71,151 · management and general $2,928
-
20 · Interest
total $560,163 · program services $560,163
-
22 · Depreciation, depletion and amortization
total $546,753 · program services $503,056 · management and general $43,697
-
23 · Insurance
total $351,242 · program services $287,636 · management and general $56,870 · fundraising $6,736
-
24a · Other expenses: CONSULTANTS & PURCHASED
total $1,879,520 · program services $1,621,171 · management and general $255,647 · fundraising $2,702
-
24b · Other expenses: PATIENT CARE
total $1,518,850 · program services $1,518,850
-
24c · Other expenses: PROVIDER TAX
total $611,808 · program services $611,808
-
24e · All other expenses
total $211,983 · management and general $211,983
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $397,412 · end of year $208,030
-
2 · Savings and temporary cash investments
beginning of year $158,316 · end of year $171,566
-
3 · Pledges and grants receivable
end of year $302,216
-
4 · Accounts receivable
beginning of year $2,397,528 · end of year $2,808,023
-
8 · Inventories for sale or use
beginning of year $79,071 · end of year $127,561
-
9 · Prepaid expenses and deferred charges
beginning of year $155,353 · end of year $166,265
-
10a · Land, buildings and equipment: cost or other basis
$21,799,555
-
10b · Land, buildings and equipment: accumulated depreciation
$14,137,842
-
10c · Land, buildings and equipment, net
beginning of year $7,139,108 · end of year $7,661,713
-
11 · Investments: publicly traded securities
beginning of year $5,167,411 · end of year $4,997,964
-
12 · Investments: other securities
beginning of year $408,283 · end of year $451,330
-
13 · Investments: program-related
beginning of year $68,606 · end of year $68,606
-
15 · Other assets
beginning of year $33,159,257 · end of year $32,974,581
-
17 · Accounts payable and accrued expenses
beginning of year $2,430,186 · end of year $2,906,680
-
19 · Deferred revenue
beginning of year $900,414 · end of year $923,076
-
20 · Tax-exempt bond liabilities
beginning of year $42,300,000 · end of year $42,100,000
-
21 · Escrow or custodial account liability
beginning of year $115,319 · end of year $129,124
-
23 · Secured mortgages and notes payable
beginning of year $2,906,019 · end of year $2,383,932
-
25 · Other liabilities
beginning of year $1,657,344 · end of year $655,212
-
27 · Net assets without donor restrictions
beginning of year -$1,321,007 · end of year $736,246
-
28 · Net assets with donor restrictions
beginning of year $142,070 · end of year $103,585
Mission and programs · 2024
Mission
THE NOT-FOR-PROFIT MARY WADE HOME HAS A MISSION TO PROVIDE THE HIGHEST-QUALITY COMPASSIONATE CARE, SENIOR LIVING, AND SERVICES THAT PROMOTE WELLNESS FOR OLDER ADULTS IN GREATER NEW HAVEN. THIS IS ACHIEVED THROUGH A UNIQUE SENIOR CARE CONTINUUM OFFERING BOTH RESIDENTIAL AND COMMUNITY-BASED SERVICES THAT MEET THE NEEDS OF OLDER ADULTS, FAMILIES AND CAREGIVERS. THE CONTINUUM INCLUDES LONG-TERM SKILLED NURSING, SHORT-TERM REHABILITATION, MEMORY CARE, AND AN ADULT DAY CENTER. THE CONTINUUM OF CARE ALLOWS SUPPORT TO INCREASE OR DECREASE, WITHOUT UPROOTING A PERSON FROM THEIR COMMUNITY. LAST YEAR, MARY WADE SERVED MORE THAN 700 INDIVIDUALS AND THEIR FAMILIES.
Activities or mission (Part I)
TO PROVIDE THOSE IN NEED WITH THE HIGHEST QUALITY OF SUPERVISED SKILLED NURSING, RESIDENTIAL SERVICES, HOME CARE, SOCIAL AND MEDICAL PROGRAMS IN ORDER TO MAINTAIN THE RESIDENT'S INDIVIDUALITY IN OUR DIGNIFIED, CARING, AND CONTINUALLY GROWING COMMUNITY.
-
MARY WADE'S 94-BED SKILLED NURSING FACILITY OFFERS COMPREHENSIVE, 24/7 MEDICAL MANAGEMENT, WOUND CARE, AND PAIN MANAGEMENT FOR INDIVIDUALS REQUIRING LONG-TERM NURSING ASSISTANCE, AS WELL AS SHORT-TERM REHABILITATION FOR PATIENTS RECOVERING FROM JOINT REPLACEMENT SURGERIES, SURGERY, HEART ATTACK, OR STROKE. THESE SERVICES BRIDGE THE CRITICAL GAP BETWEEN HOSPITAL DISCHARGE AND RETURNING HOME, BY PROVIDING 24/7 MEDICAL MONITORING AND INTENSIVE THERAPIES THAT ARE OFTEN TOO COMPLEX OR DEMANDING TO MANAGE INDEPENDENTLY, DRASTICALLY LOWERING HOSPITAL READMISSION RATES WHILE OPTIMIZING RECOVERY FOR SENIORS IN GREATER NEW HAVEN.
Expenses $11,837,009 · Revenue $13,238,441
-
MARY WADE'S HISTORIC 45-BED RESIDENTIAL CARE HOME PROVIDES LOW-INCOME ELDERLY INDIVIDUALS WITH SAFE, AFFORDABLE HOUSING, MEDICAL OVERSIGHT, AND VITAL SOCIAL ENGAGEMENT. THESE STRATEGIES SERVE TO IMPROVE OUR RESIDENTS' QUALITY OF LIFE, WHILE REDUCING EMERGENCY VISITS AND HOSPITALIZATIONS. ACCESS TO DAILY LIVING SUPPORT (BATHING, DRESSING AND MEDICATION MANAGEMENT) OFTEN PREVENTS MINOR ISSUES FROM ESCALATING TO MAJOR CRISES. THE PROGRAM'S BUILT-IN OPPORTUNITIES TO SOCIALIZE HELP TO REDUCE OR PREVENT ISOLATION, LONELINESS, AND COGNITIVE DECLINE.
Expenses $2,449,617 · Revenue $2,143,390
-
MARY WADE'S MEDICAL MODEL ADULT DAY CENTER OFFERS STRUCTURED MEDICAL OVERSIGHT, REHABILITATION, SOCIALIZATION, PERSONAL CARE, NUTRITIOUS MEALS AND SNACKS, AND DAILY TRANSPORTATION TO AND FROM THE CENTER TO ALLEVIATE THE PHYSICAL BURDEN OF DAILY COMMUTES, ESPECIALLY FOR WORKING FAMILIES WHO ARE CARING FOR AGING RELATIVES AT HOME. THE PROGRAM ALSO PROVIDES SPECIALIZED PROGRAMS AND STAFFING TO CARE FOR OLDER ADULTS WITH MEDICAL CONDITIONS AND THOSE WHO ARE EXPERIENCING ALZHEIMER'S DISEASE AND DEMENTIA.
Expenses $1,007,141 · Revenue $724,322
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Joanne McGloinJOANNE MCGLOIN
CHAIR
- Total calculated
- $0
- Hours/week
- 0.4 + 3.6 related
-
Bruce TopoloskyBRUCE TOPOLOSKY
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 0.4 + 3.6 related
-
Marjorie FunkMARJORIE FUNK
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.2 + 1.8 related
-
Brandon McFarlaneBRANDON MCFARLANE
TREASURER
- Total calculated
- $0
- Hours/week
- 0.2 + 1.8 related
-
Barbara C AdamsBARBARA C ADAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 0.8 related
-
Bernadette DigiulianBERNADETTE DIGIULIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1.8 related
-
Joyce DupeeJOYCE DUPEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 0.8 related
-
Howard HillHOWARD HILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 0.8 related
-
Rev Thomas JacksonREV THOMAS JACKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1.8 related
-
Robert KesslerROBERT KESSLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1.8 related
-
Angela MattieANGELA MATTIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 0.8 related
-
Nicholas R Nicholson Jr PhDNICHOLAS R NICHOLSON JR PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 0.8 related
-
Alexander OverkampALEXANDER OVERKAMP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 0.8 related
-
Michelle Lee RodriguezMICHELLE LEE RODRIGUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 0.8 related
-
Pamela StantonPAMELA STANTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 0.8 related
-
Steven Wolfson MDSTEVEN WOLFSON MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 0.8 related
-
Alfred GoldbergALFRED GOLDBERG
DIRECTOR AS OF 12/24
- Total calculated
- $0
- Hours/week
- 0.2 + 1.8 related
-
Melanie McCloskeyMELANIE MCCLOSKEY
DIRECTOR AS OF 9/25
- Total calculated
- $0
- Hours/week
- 0.2 + 0.8 related
-
Jeffrey KennedyJEFFREY KENNEDY
DIRECTOR AS OF 9/25
- Total calculated
- $0
- Hours/week
- 0.2 + 0.8 related
-
David V HunterDAVID V HUNTER
PRESIDENT & CEO
- Total calculated
- $374,846
- From this org
- $145,584
- From related orgs
- $160,908
- Other
- $68,354
- Hours/week
- 18 + 22 related
Schedule J breakdown matched by us
- Base
- $145,584 + $160,908 related
- Bonus
- $0
- Other
- $0
- Deferred
- $16,517 + $18,255 related
- Nontaxable benefits
- $15,193 + $18,389 related
- Filer's total
- $177,294 + $197,552 related
-
William GinterWILLIAM GINTER
CFO
- Total calculated
- $181,251
- From this org
- $94,261
- From related orgs
- $56,557
- Other
- $30,433
- Hours/week
- 24 + 16 related
Schedule J breakdown matched by us
- Base
- $94,261 + $56,557 related
- Bonus
- $0
- Other
- $0
- Deferred
- $2,986 + $1,791 related
- Nontaxable benefits
- $16,035 + $9,621 related
- Filer's total
- $113,282 + $67,969 related
-
Geralyn Hines-IversonGERALYN HINES-IVERSON
ADMINISTRATOR
- Total calculated
- $153,145
- From this org
- $133,329
- From related orgs
- $0
- Other
- $19,816
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $133,329
- Bonus
- $0
- Other
- $0
- Deferred
- $4,065
- Nontaxable benefits
- $15,751
- Filer's total
- $153,145
-
Lavonne CookeLAVONNE COOKE
CNA
- Total calculated
- $138,629
- From this org
- $134,258
- From related orgs
- $0
- Other
- $4,371
- Hours/week
- 40
-
Mary Anne StchurMARY ANNE STCHUR
VP OF ADVANCEMENT
- Total calculated
- $149,994
- From this org
- $145,000
- From related orgs
- $0
- Other
- $4,994
- Hours/week
- 40
-
Alice NyatomeALICE NYATOME
RN
- Total calculated
- $174,196
- From this org
- $125,288
- From related orgs
- $0
- Other
- $48,908
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $125,288
- Bonus
- $0
- Other
- $0
- Deferred
- $4,000
- Nontaxable benefits
- $44,908
- Filer's total
- $174,196
-
Helen HoilettHELEN HOILETT
C.N.A.
- Total calculated
- $150,578
- From this org
- $133,275
- From related orgs
- $0
- Other
- $17,303
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $133,275
- Bonus
- $0
- Other
- $0
- Deferred
- $4,069
- Nontaxable benefits
- $13,234
- Filer's total
- $150,578
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE MARY WADE HOME, INC. · CT
-
501(C)(2) · TITLE HOLDING CORPORATION FOR A NON-FOR-PROFIT CORPORATION · CT · controlled entity
Directly controlled by MW HEALTHCARE INC
-
501(C)(3) · OPERATE MEMORY CARE AND ASSISTED LIVING FACILITIES FOR THE FRAIL ELDERLY · CT · controlled entity
Directly controlled by MW HEALTHCARE INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
MARY WADE AT HOME LLC
TO PROVIDE NON-MEDICAL HOME CARE SERVICES TO SENIORS · CT
Directly controlled by THE MARY WADE HOME INCORPORATED
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 August 2026
- IRS schema version
- 2024v5.5
- Source object
- 202622269349300542
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