BRIDGES HEALTHCARE INC

EIN: 060867978 501(c)(3) Mental Health

MILFORD, CT

Total Revenue
$21,075,710
Total Expenses
$19,523,738
Total Assets
$11,680,885
Net Assets
$8,349,011
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
CT
Principal Officer
JENNIFER FIORILLO
Phone
2038786365
Tax Period
2024-07-01 to 2025-06-30

BRIDGES HEALTHCARE INC, founded in 1957, is a mid-sized nonprofit in the Mental Health sector that reported $21.1M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $19.5M left a modest 7% surplus.

Mission

PROMOTE COMMUNITY AND INDIVIDUAL HEALTH, WELLNESS AND RECOVERY THROUGH INTEGRATED BEHAVIORAL HEALTH SERVICES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $16,468,653
Program Service Revenue $4,079,598
Investment Income $487,802
Other Revenue $39,657
TOTAL REVENUE $21,075,710

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,772,249
Fundraising Expenses $92,008
Program Expenses $15,169,997
Other Expenses $2,751,489
TOTAL EXPENSES $19,523,738

Year-over-Year Comparison

2024 2023 Change
Revenue $21,075,710 $18,597,891 +0.1%
Expenses $19,523,738 $17,860,601 +0.1%
Net Income $1,551,972 $737,290 +1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
18
Employees
235
Volunteers
21

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
7
$373,971
Total Directors
19
$193,991
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER FIORILLO PRESIDENT AND CEO 35.00
Officer Director
$169,297 $24,694 $193,991
AMY MONTALBANO MEMBER 1.00
Director
$0 $0 $0
CHARLES MONTALBANO VICE CHAIR 1.00
Officer Director
$0 $0 $0
CHAZ GAINES TREASURER 1.00
Officer Director
$0 $0 $0
DANYELLE WILLIAMS MEMBER 1.00
Director
$0 $0 $0
ELLEN BEATTY PHD MEMBER 1.00
Director
$0 $0 $0
JACQUELINE BONTEMS MEMBER 1.00
Director
$0 $0 $0
JESSICA SIMONE MEMBER 1.00
Director
$0 $0 $0
JOAN CRETELLA BOARD CHAIR 1.00
Officer Director
$0 $0 $0
JOHN BIANCUR MEMBER 1.00
Director
$0 $0 $0
JORGE A SANTIAGO MEMBER 1.00
Director
$0 $0 $0
KAREN FORTUNATI MEMBER 1.00
Director
$0 $0 $0
KATHY HENDRICKS MEMBER 1.00
Director
$0 $0 $0
KATIE FARRELL MEMBER 1.00
Director
$0 $0 $0
MICHELLE LEMERE PAST CHAIR 1.50
Officer Director
$0 $0 $0
NESTOR KAPLAN MEMBER 1.00
Director
$0 $0 $0
PATRICIA STARK MEMBER 1.00
Director
$0 $0 $0
RAYMOND G VITALI SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD SMITH MEMBER 1.00
Director
$0 $0 $0
CARLOS RODRIGUEZ CFO 35.00
Officer
$115,466 $64,514 $179,980
TARA KERNER CHIEF MEDICAL DIRECTOR 28.00
Highest
$145,585 $78,487 $224,072
JANET GILLIS-TOFFOLO SUPERVISOR NURSING SERVICE 35.00
Highest
$127,683 $66,201 $193,884
MARTIN SCHWARTZMAN CHIEF PROGRAM OFFICER 35.00
Highest
$134,637 $46,484 $181,121
MARIE JOSEPH SUPERVISOR NURSING SERVICE 35.00
Highest
$137,663 $8,365 $146,028
VALERIE FERRANTE DIR. HR & FACILITIES 35.00
Highest
$129,216 $24,181 $153,397
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 $21,075,710 $19,523,738 $11,680,885 $1,551,972
2024 No data No data No data No data
2023 $17,606,873 $17,282,584 $8,511,855 $324,289
2022 $16,394,395 $15,822,807 $7,210,976 $571,588
2021 $17,180,375 $14,717,955 $8,224,172 $2,462,420
2020 $13,397,798 $13,417,838 $6,563,682 $-20,040
2019 $13,311,476 $13,507,757 $4,226,172 $-196,281
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