Skip to content
Nonprofiteer
← YALE-NEW HAVEN CARE CONTINUUM CORPORATION

Form 990 for tax year 2022

Filed by YALE-NEW HAVEN CARE CONTINUUM CORPORATION.

Totals

Total revenue
$12,770,932
Total expenses
$19,683,359
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$12,767,751
Investment income
$0
Other revenue
$3,181
Total assets, end of year
$9,904,564
Total liabilities, end of year
$45,095,764
Net assets or fund balances, end of year
-$35,191,200
Program services expenses (Part IX)
$16,486,779
Management and general expenses
$3,196,580
Fundraising expenses
$0
Program service expenses (Part III)
$16,486,779

Program services were 83.8% 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.

  • 2a · Program service revenue: NET PATIENT REVENUE

    total $12,767,751 · related or exempt $12,767,751

  • 11a · Other revenue: OTHER ANCILLARY REV.

    total $3,181 · excluded $3,181

  • 11e · Other revenue, total

    $3,181

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $9,563,486 · program services $8,010,376 · management and general $1,553,110

  • 9 · Other employee benefits

    total $2,126,612 · program services $1,781,250 · management and general $345,362

  • 10 · Payroll taxes

    total $676,488 · program services $566,626 · management and general $109,862

  • 11b · Fees: legal

    total $3,440 · program services $2,881 · management and general $559

  • 11c · Fees: accounting

    total $7,487 · program services $6,271 · management and general $1,216

  • 11g · Fees: other

    total $4,123,649 · program services $3,453,968 · management and general $669,681

  • 16 · Occupancy

    total $773,815 · program services $648,147 · management and general $125,668

  • 19 · Conferences, conventions and meetings

    total $197 · program services $165 · management and general $32

  • 22 · Depreciation, depletion and amortization

    total $429,166 · program services $359,469 · management and general $69,697

  • 23 · Insurance

    total $34,574 · program services $28,959 · management and general $5,615

  • 24a · Other expenses: PHARMACY EXPENSE

    total $692,259 · program services $579,836 · management and general $112,423

  • 24b · Other expenses: GENERAL SUPPLIES

    total $677,810 · program services $567,734 · management and general $110,076

  • 24c · Other expenses: MED/SURGICAL SUPPLIES

    total $553,902 · program services $463,948 · management and general $89,954

  • 24d · Other expenses: DUES FEES & MEMBERSHIP

    total $20,474 · program services $17,149 · management and general $3,325

Balance sheet

Part X, book values.

  • 4 · Accounts receivable

    beginning of year $145,932 · end of year $567,982

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,750 · end of year $1,500

  • 10a · Land, buildings and equipment: cost or other basis

    $10,827,343

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,297,897

  • 10c · Land, buildings and equipment, net

    beginning of year $8,789,286 · end of year $8,529,446

  • 14 · Intangible assets

    beginning of year $701,000 · end of year $701,000

  • 15 · Other assets

    beginning of year $878,059 · end of year $104,636

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,822,956 · end of year $1,901,962

  • 25 · Other liabilities

    beginning of year $36,972,845 · end of year $43,193,802

  • 27 · Net assets without donor restrictions

    beginning of year -$28,278,774 · end of year -$35,191,200

Mission and programs · 2022

Mission

TO PROVIDE LONG-TERM CARE FOR THOSE UNABLE TO LIVE INDEPENDENTLY AND SHORT-TERM REHABILITATION FOR PATIENTS WHO HAVE EXPERIENCED ELECTIVE SURGERY, AN INJURY OR A TRAUMATIC MAJOR ILLNESS.

Activities or mission (Part I)

MAINTAIN AND OPERATE A CHRONIC AND CONVALESCENT NURSING HOME.

  • SEE SCHEDULE OTHE CORPORATION OPERATES A 114-BED SKILLED NURSING FACILITY THAT PROVIDES LONG-TERM CARE FOR THOSE UNABLE TO LIVE INDEPENDENTLY AND SHORT-TERM REHABILITATION FOR PATIENTS WHO HAVE EXPERIENCED ELECTIVE SURGERY, AN INJURY OR A TRAUMATIC MAJOR ILLNESS. DURING FY23 THE CORPORATION HAD 33,297 PATIENT DAYS AND PROVIDED VARIOUS SERVICES INCLUDING BUT NOT LIMITED TO RESPITE CARE FOR FAMILY MEMBERS AND CAREGIVERS WHO NEED A REST FROM THE DEMANDS OF PROVIDING CONTINUOUS CARE AT HOME; STROKE RECOVERY FOR VICTIMS OF STROKE WHO OFTEN REQUIRE EXTENDED REHABILITATION SERVICES IN ORDER TO ACHIEVE A LEVEL OF FUNCTIONALITY THAT ALLOWS THEM TO RETURN HOME; PROVIDE CARE FOR LVAD AND HVAD PATIENTS, ORTHOPEDIC RECOVERY FOR PATIENTS WHO HAVE UNDERGONE BONE AND/OR JOINT SURGERY, INCLUDING INDIVIDUALIZED ONE-ON-ONE THERAPY WITH TRAINED STAFF, FOR PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY, SEVEN DAYS A WEEK; RESPIRATORY THERAPY SERVICES 7 DAYS A WEEK FOR THOSE PATIENTS WITH COPD, PNEUMONIA, TRACHS, IV THERAPY, WOUND VAC, CHEST PERCUSSION THERAPY, ETC; PARTNERSHIP WITH SMILOW TEAM TO PROVIDE SERVICES FOR REHABILITATION SERVICES TO PATIENTS BEING TREATED AT SMILOW AND COORDINATE SERVICES TO AND FROM THE MAIN CAMPUS; A CONTRACT IS IN PLACE WITH THE MOLECULAR NEUROSCIENCE INSTITUTE TO PROVIDE A CONTROLLED ENVIRONMENT FOR STUDY PATIENTS WHILE UNDERGOING TREATMENT; REHABILITATION AND LONG-TERM CARE FOR PATIENTS THAT ARE UNDOCUMENTED OR DO NOT HAVE INSURANCE TO COVER THEIR STAY IN A FACILITY, AND QUICK ACCESS TO LABS, MEDICATIONS AND DIAGNOSTIC SERVICES (SUCH AS RADIOLOGICAL SERVICES).

    Expenses $16,486,779 · Revenue $12,767,751

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Vincent Tammaro

    FORMER (CURRENT YR COMP)

    Total calculated
    $1,609,593
    From this org
    $0
    From related orgs
    $1,488,355
    Other
    $121,238
    Hours/week
    0

  • Vincent Tammaro

    FORMER (VESTED DEFERRED)

    Total calculated
    $8,362,596
    From this org
    $0
    From related orgs
    $8,362,596
    Other
    $0
    Hours/week
    0

  • Thomas Balcezak

    PRESIDENT/TRUSTEE

    Total calculated
    $2,098,631
    From this org
    $0
    From related orgs
    $1,575,875
    Other
    $522,756
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,090,565 related
    Bonus
    $0 + $322,400 related
    Other
    $0 + $162,910 related
    Deferred
    $0 + $498,101 related
    Nontaxable benefits
    $0 + $24,655 related
    Filer's total
    $0 + $2,098,631 related

  • Olukemi Akande

    SECRETARY/TRUSTEE

    Total calculated
    $392,279
    From this org
    $0
    From related orgs
    $349,947
    Other
    $42,332
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $305,655 related
    Bonus
    $0 + $36,166 related
    Other
    $0 + $8,126 related
    Deferred
    $0 + $17,813 related
    Nontaxable benefits
    $0 + $24,519 related
    Filer's total
    $0 + $392,279 related

  • Marlyn Ortiola

    NURSE

    Total calculated
    $245,459
    From this org
    $214,309
    From related orgs
    $0
    Other
    $31,150
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,588
    Bonus
    $11,510
    Other
    $211
    Deferred
    $4,295
    Nontaxable benefits
    $26,855
    Filer's total
    $245,459

  • Cynthia Gibbons

    TREASURER/TRUSTEE

    Total calculated
    $241,175
    From this org
    $0
    From related orgs
    $211,760
    Other
    $29,415
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $202,700 related
    Bonus
    $0 + $5,000 related
    Other
    $0 + $4,060 related
    Deferred
    $0 + $20,533 related
    Nontaxable benefits
    $0 + $8,882 related
    Filer's total
    $0 + $241,175 related

  • Cherry Yee

    NURSE

    Total calculated
    $220,008
    From this org
    $205,863
    From related orgs
    $0
    Other
    $14,145
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,740
    Bonus
    $8,986
    Other
    $137
    Deferred
    $3,937
    Nontaxable benefits
    $10,208
    Filer's total
    $220,008

  • Arsenia Callanta

    NURSE

    Total calculated
    $191,776
    From this org
    $161,391
    From related orgs
    $0
    Other
    $30,385
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,662
    Bonus
    $1,912
    Other
    $3,817
    Deferred
    $3,573
    Nontaxable benefits
    $26,812
    Filer's total
    $191,776

  • Flordeliza Ybanez

    NURSE

    Total calculated
    $188,976
    From this org
    $172,125
    From related orgs
    $0
    Other
    $16,851
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,889
    Bonus
    $1,836
    Other
    $400
    Deferred
    $16,283
    Nontaxable benefits
    $568
    Filer's total
    $188,976

  • Richard Heyrosa

    NURSE

    Total calculated
    $184,663
    From this org
    $165,714
    From related orgs
    $0
    Other
    $18,949
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,708
    Bonus
    $1,867
    Other
    $139
    Deferred
    $9,038
    Nontaxable benefits
    $9,911
    Filer's total
    $184,663

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

Itemized on Schedule J with no Part VII listing of the same name on this return:

  • Vincent Tammaro

    FORMER (CURRENT YR COMP)

    Schedule J breakdown

    Base
    $0 + $553,782 related
    Bonus
    $0 + $352,400 related
    Other
    $0 + $582,173 related
    Deferred
    $0 + $109,160 related
    Nontaxable benefits
    $0 + $12,078 related
    Filer's total
    $0 + $1,609,593 related

  • Vincent Tammaro

    FORMER (VESTED DEFERRED)

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $0 + $8,362,596 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $8,362,596 related

Answered yes

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE FILING ORGANIZATION DOES NOT HAVE AND/OR COMPENSATE ITS OWN CEO/EXECUTIVE DIRECTOR. THESE POSITIONS ARE FILLED BY EMPLOYEES OF A RELATED ORGANIZATION(S) AND COMPENSATED THROUGH THE RESPECTIVE RELATED ORGANIZATION(S). THE METHOD(S) USED BY THE RELATED ORGANIZATION(S) FOR DETERMINING COMPENSATION FOR THESE INDIVIDUALS ARE: -COMPENSATION COMMITTEE -INDEPENDENT COMPENSATION CONSULTANT -COMPENSATION SURVEY OR STUDY -APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
PART I, LINES 4A-B
LINE 4B, SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS: THE INDIVIDUALS LISTED BELOW ARE PARTICIPANTS IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THESE ACCRUALS ARE INCLUDED IN THE AMOUNTS REPORTED IN PART II, COLUMN C (DEFERRED COMPENSATION) AND REPRESENTS BOTH THE REPORTING ENTITY'S AND RELATED ENTITY'S COMBINED AMOUNTS THAT HAVE NOT YET BEEN VESTED CONSISTENT WITH THE COMPENSATION REPORTING PER IRS. SEVERANCE NONQUALIFIED EQUITY-BASED VINCENT TAMMARO $480,000 - - THOMAS J. BALCEZAK - 287,752 - THE SUPPLEMENTAL RETIREMENT INCOME PLAN (SRIP) / EXECUTIVE DEFERRED COMPENSATION ACCOUNT PLAN (EDCAP) ARE DESIGNED TO ENSURE THE PAYMENT OF A COMPETITIVE LEVEL OF RETIREMENT INCOME WHEN ADDED TO OTHER SOURCES OF RETIREMENT INCOME IN ORDER TO ATTRACT AND RETAIN KEY MANAGEMENT EMPLOYEES SERVING AS SENIOR LEADERS. THE PLAN PROVIDES SUPPLEMENTAL RETIREMENT INCOME THROUGH AN UNFUNDED, NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENT UNDER SECTION 457(F) AND THROUGH A DEFERRED COMPENSATION PLAN UNDER SECTION 409A OF THE INTERNAL REVENUE CODE AND A MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES' PLAN UNDER THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA). THE INDIVIDUALS LISTED BELOW BECAME VESTED IN BENEFITS VALUED AT THE AMOUNT RESPECTIVELY REPORTED BELOW DURING THE REPORTING YEAR. INCLUDED IN SECTION II, COLUMN B (III) ARE AMOUNTS VESTED DURING THE 2022 CALENDAR YEAR THAT WERE RECOGNIZED AS TAXABLE EVENTS AND REPORTED IN THE INDIVIDUALS' 2022 CALENDAR YEAR FORM W-2. SRIP EDCAP VINCENT TAMMARO $7,361,833 $1,000,763 THE REPORTED INDIVIDUAL(S) BELOW RECEIVED PAYMENTS THROUGHOUT THE YEAR FROM THE NONQUALIFIED PLAN. THE FOLLOWING PAYMENT WAS MADE DIRECTLY TO THEM FROM THE RABBI TRUST: GAYLE CAPOZZALO - $113,613 VINCENT TAMMARO - 78,763
PART I, LINE 7
NON-FIXED PAYMENTS CAN BE EARNED UP TO AN ADDITIONAL 3% OF ELIGIBLE EARNINGS THROUGH PIP (PERFORMANCE INCENTIVE PLAN). THE PERCENTAGE EARNED IS BASED ON THE ORGANIZATION'S FISCAL YEAR PERFORMANCE ON ITS GOALS FOR SAFETY/QUALITY, PATIENT EXPERIENCE, EMPLOYEE ENGAGEMENT, AND FINANCIAL PERFORMANCE.

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.

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • SHORELINE ENDOSCOPY CENTER LLC (SEE PART VII)

    HEALTHCARE SERVICES · CT

  • YALE NEW HAVEN HEALTH SYSTEM INVESTMENT TRUST

    INVESTMENT · DE

  • YNHHSCUSP SURGERY CENTERS LLC

    HEALTHCARE SERVICES · CT

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CORPORATE PROFESSIONAL BUSINESS SERVICESINC

    C · MANAGEMENT SERVICES · CT · controlled entity

  • GREENWICH FERTILITY & IVF PC

    C · HEALTHCARE SERVICES · CT · controlled entity

  • GREENWICH OCCUPATIONAL HEALTH SERVICES OF NEW JERSEY

    C · HEALTHCARE SERVICES · NJ · controlled entity

  • GREENWICH OCCUPATIONAL HEALTH SERVICES OF NY PC

    C · HEALTHCARE SERVICES · NY · controlled entity

  • L & M SYSTEMS INC

    C · HEALTHCARE RELATED SERVICES · CT · controlled entity

  • L&M HOME CARE SERVICES INC

    C · HOME THERAPY · CT · controlled entity

  • MEDICAL CENTER PHARMACY AND HOME CARE CENTER INC

    C · PHARMACY · CT · controlled entity

  • YALE NEW HAVEN AMBULATORY SERVICES

    C · HEALTHCARE SERVICES · CT · controlled entity

  • YNHH-PHYSICIANS CORP

    C · ADMINISTRATIVE SERVICES · CT · controlled entity

Provenance

Return type
form_990
Tax year
2022
Filed
12 August 2024
IRS schema version
2022v5.0
Source object
202422269349301807

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.