CONNECTICUT ASSOCIATION FOR HEALTHCARE AT HOME INC

EIN: 060867238 501(c)(3)

WALLINGFORD, CT

Total Revenue
$905,196
Total Expenses
$754,272
Total Assets
$2,227,593
Net Assets
$2,003,732
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
CT
Principal Officer
TRACY WODATCH
Phone
2032659931
Tax Period
2023-07-01 to 2024-06-30

CONNECTICUT ASSOCIATION FOR HEALTHCARE AT HOME INC, founded in 1968, is a small nonprofit that reported $905K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $151K, a strong 17% operating margin.

Mission

PROVIDING SERVICES TO ITS MEMBERS WHO ARE ENGAGED IN THE SERVICES OF HOME CARE AND HOSPICE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $825,404
Investment Income $50,743
Other Revenue $29,049
TOTAL REVENUE $905,196

Expense Breakdown

Grants Paid $0
Salaries & Benefits $384,325
Fundraising Expenses $0
Program Expenses $621,118
Other Expenses $369,947
TOTAL EXPENSES $754,272

Year-over-Year Comparison

2023 2022 Change
Revenue $905,196 $814,816 +0.1%
Expenses $754,272 $752,993 +0.0%
Net Income $150,924 $61,823 +1.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
19
Independent Members
18
Employees
4
Volunteers
66

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$199,749
Total Directors
19
$199,749
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COCO SELLMAN BOARD CHAIR 1.00
Officer Director
$0 $0 $0
STACEY BENHAM CHAIR ELECT 0.50
Director
$0 $0 $0
ALLISON DOWE VICE CHAIR / CHAIR GOVERNA 1.00
Officer Director
$0 $0 $0
ALYSON BLANCK SECRETARY 0.50
Officer Director
$0 $0 $0
ADAM AXELRAD TREASURER / CHAIR BUSINESS GOVERNANCE 0.50
Officer Director
$0 $0 $0
BREE SANCA IMMEDIATE PAST CHAIR 0.50
Director
$0 $0 $0
LAURA BORRELLI MEMBER 0.50
Director
$0 $0 $0
MARIO D'AQUILA MEMBER 0.50
Director
$0 $0 $0
KAREN ENDERS MEMBER 0.50
Director
$0 $0 $0
ANNMARIE GARRISON MEMBER 0.50
Director
$0 $0 $0
LINDA GOREL MEMBER 0.50
Director
$0 $0 $0
JENNIFER LEDUC MEMBER 0.50
Director
$0 $0 $0
GINA MAZZA MEMBER 0.50
Director
$0 $0 $0
LAURA MILLER MEMBER 0.50
Director
$0 $0 $0
CHRIS PANKRATZ MEMBER 0.50
Director
$0 $0 $0
CALEB ROSEME MEMBER 0.50
Director
$0 $0 $0
THERESA SANTORO MEMBER 0.50
Director
$0 $0 $0
MARY THERIEN MEMBER 0.50
Director
$0 $0 $0
TRACY WODATCH PRESIDENT & CEO 37.50
Officer Director
$176,394 $23,355 $199,749
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $905,196 $754,272 $2,227,593 $150,924
2023 $814,816 $752,993 $1,904,859 $61,823
2022 $907,138 $686,356 $1,676,843 $220,782
2021 $694,646 $602,818 $1,692,742 $91,828
2020 $795,955 $649,448 $1,214,395 $146,507
2019 $909,723 $860,659 $1,174,602 $49,064
2018 $900,995 $840,086 $1,191,291 $60,909
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