Totals
- Total revenue
- $2,109,418
- Total expenses
- $3,604,698
- Contributions and grants received
- $0
- Grants paid
- $3,324,000
- Program service revenue
- $0
- Investment income
- $2,109,418
- Other revenue
- $0
- Total assets, end of year
- $18,513,478
- Total liabilities, end of year
- $76,357
- Net assets or fund balances, end of year
- $18,437,121
- Program services expenses (Part IX)
- $3,517,019
- Management and general expenses
- $87,679
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,517,019
Program services were 97.6% 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.
-
3 · Investment income
total $551,109 · excluded $551,109
-
7a · Gross sales of assets other than inventory
securities $3,058,124
-
7b · Less cost or other basis and sales expenses
securities $1,499,815
-
7c · Gain or loss
securities $1,558,309
-
7d · Net gain or loss
total $1,558,309 · excluded $1,558,309
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,324,000 · program services $3,324,000
-
5 · Compensation of officers, directors and key employees
total $185,625 · program services $185,625
-
11b · Fees: legal
total $7,394 · program services $7,394
-
11f · Fees: investment management
total $87,679 · management and general $87,679
Balance sheet
Part X, book values.
-
11 · Investments: publicly traded securities
beginning of year $19,879,732 · end of year $16,724,135
-
15 · Other assets
beginning of year $1,000 · end of year $1,789,343
-
25 · Other liabilities
beginning of year $127,769 · end of year $76,357
-
27 · Net assets without donor restrictions
beginning of year $19,752,963 · end of year $18,437,121
Mission and programs · 2022
Mission
MARY WADE HEALTHCARE PROVIDES THE HIGHEST-QUALITY COMPASSIONATE CARE, SENIOR LIVING, AND SERVICES THAT PROMOTE WELLNESS FOR OLDER ADULTS IN GREATER NEW HAVEN.
Activities or mission (Part I)
MW HEALTHCARE, INC. PROVIDES MANAGEMENT SERVICES TO THE MARY WADE HOME, INC AND MARY WADE RESIDENCE, INC. AND HOLDS AND MANAGES THE ENDOWMENT ASSETS FOR THE BENEFIT OF THE MARY WADE HOME, INC.
-
MW HEALTHCARE, INC. PROVIDES MANAGEMENT SERVICES TO THE MARY WADE HOME, INC., MARY WADE RESIDENCE, INC. AND HOLDS AND MANAGES THE ENDOWMENT ASSETS FOR THE BENEFIT OF THE MARY WADE HOME, INC.
Expenses $3,517,019 · Grants $3,324,000
As filed on the 2022 return.
Listed in Part VII
-
Joanne McGloinJOANNE MCGLOIN
CHAIR
- Total calculated
- $0
- Hours/week
- 3.2 + 0.8 related
-
Bruce TopoloskyBRUCE TOPOLOSKY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1.6 + 0.4 related
-
Jacqueline Henchel MDJACQUELINE HENCHEL MD
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.6 + 0.4 related
-
Barbara C AdamsBARBARA C ADAMS
TREASURER
- Total calculated
- $0
- Hours/week
- 1.6 + 0.4 related
-
Marybeth CanavanMARYBETH CANAVAN
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0.6 + 1.4 related
-
Bernadette DigiulianBERNADETTE DIGIULIAN
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1.6 + 0.4 related
-
Majorie FunkMAJORIE FUNK
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0.6 + 0.4 related
-
Patricia A GanunPATRICIA A GANUN
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1.6 + 0.4 related
-
Alfred J GoldbergALFRED J GOLDBERG
BOARD OF TRUSTEES (UNTIL 12/22)
- Total calculated
- $0
- Hours/week
- 1.6 + 0.4 related
-
Rev Thomas JacksonREV THOMAS JACKSON
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0.6 + 0.4 related
-
Robert KesslerROBERT KESSLER
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1.1 + 0.4 related
-
Brandon McFarlaneBRANDON MCFARLANE
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0.6 + 0.4 related
-
Michael MorandMICHAEL MORAND
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0.6 + 0.4 related
-
Nicholas R Nicholson Jr PhDNICHOLAS R NICHOLSON JR PHD
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0.6 + 0.4 related
-
Michelle Lee RodriguezMICHELLE LEE RODRIGUEZ
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0.6 + 0.4 related
-
Pamela StantonPAMELA STANTON
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0.6 + 0.4 related
-
Brian E WnekBRIAN E WNEK
BOARD OF TRUSTEES (UNTIL 12/22)
- Total calculated
- $0
- Hours/week
- 0.6 + 1.4 related
-
Harold S SpitzerHAROLD S SPITZER
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1.6 + 0.4 related
-
Len SuzioLEN SUZIO
BOARD OF TRUSTEES (UNTIL 12/22)
- Total calculated
- $0
- Hours/week
- 0.6 + 0.4 related
-
Steve Wolfson MDSTEVE WOLFSON MD
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 0.6 + 0.4 related
-
David V HunterDAVID V HUNTER
PRESIDENT & CEO
- Total calculated
- $351,518
- From this org
- $120,534
- From related orgs
- $180,802
- Other
- $50,182
- Hours/week
- 15 + 25 related
Schedule J breakdown matched by us
- Base
- $120,534 + $180,802 related
- Bonus
- $0
- Other
- $0
- Deferred
- $12,726 + $19,090 related
- Nontaxable benefits
- $7,346 + $11,020 related
- Filer's total
- $140,606 + $210,912 related
-
William GinterWILLIAM GINTER
CFO
- Total calculated
- $180,074
- From this org
- $39,271
- From related orgs
- $117,813
- Other
- $22,990
- Hours/week
- 9 + 31 related
Schedule J breakdown matched by us
- Base
- $39,271 + $117,813 related
- Bonus
- $0
- Other
- $0
- Deferred
- $1,240 + $3,719 related
- Nontaxable benefits
- $4,508 + $13,523 related
- Filer's total
- $45,019 + $135,055 related
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
None.
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
The filer's explanations (Part III)
- PART I, LINE 3
- THE CEO IS COMPENSATED BY A RELATED ORGANIZATION. THE RELATED ORGANIZATION USES THE FOLLOWING METHODS TO ESTABLISH HIS COMPENSATION: A COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
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
-
$2,874,000
TO SUPPORT MARY WADE RESIDENCE, INC.
-
THE MARY WADE HOME INCORPORATED
$450,000
TO SUPPORT THE MARY WADE HOME
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) · PROVIDES LONG TERM CARE TO THE FRAIL ELDERLY · CT · controlled entity
Directly controlled by MW HEALTHCARE INC
-
501(C)(2) · OPERATES AS A TITLE HOLDING CORPORATION FOR A NON-FOR-PROFIT · 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
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202442289349302404
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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