Wallingford, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Masonicare at Ashlar Village Inc, founded in 1981, is a mid-sized nonprofit in the Human Services sector that reported $32.6M in total revenue in fiscal year 2023. Expenses of $27.8M left a modest 15% surplus.
MASONICARE AT ASHLAR VILLAGE, AN AFFILIATE OF MASONICARE, IS A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY, PROVIDING BOTH INDEPENDENT AND ASSISTED LIVING TO PEOPLE AGED 55 AND OVER. FOLLOWING THE TRADITIONS OF MASONRY, WE ARE COMMITTED TO CREATING THE HIGHEST QUALITY OF LIFE FOR OUR RESIDENTS BY FOSTERING AN ENVIRONMENT OF RESPECT, INDEPENDENCE AND DIGNITY. MASONICARE AT ASHLAR VILLAGE IS DEDICATED TO MAINTAINING THE WELL BEING, INDEPENDENCE AND QUALITY OF LIFE FOR ALL RESIDENTS. WE CONSISTENTLY STRIVE TO BE RECOGNIZED AS THE LEADING CONTINUING CARE RETIREMENT COMMUNITY IN THE REGION. MASONICARE AT ASHLAR VILLAGE ENVISIONS A CONTINUING PARTNERSHIP WITH MASONICARE AND OTHER RELATED RESOURCES IN MEETING THE NEEDS OF OUR COMMUNITY - BODY, MIND AND SPIRIT
Masonicare at Ashlar Village is a continuing care retirement and assisted living community. The retirement community consists of 243 apartments, 72 cottages and 40 villas. The occupancy percentage...
Masonicare at Ashlar Village is a continuing care retirement and assisted living community. The retirement community consists of 243 apartments, 72 cottages and 40 villas. The occupancy percentage for the fiscal year ending September 2024 was 89.4%. The assisted living facility (Pond Ridge) consists of 134 units. The occupancy percentage for the fiscal year ending September 2024 was 91.1%. Masonicare at Ashlar Village provides healthcare services which promote health, wellness and a high quality of life for all residents in an independent and/or assisted living environment.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $32,558,063 | $31,914,782 | +0.0% |
| Expenses | $27,782,810 | $26,982,730 | +0.0% |
| Net Income | $4,775,253 | $4,932,052 | 0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BONNIE MCWAIN | SECRETARY | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| BRUCE R BELLMORE | VICE CHAIRMAN | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISTOPHER J EARLE | CHAIRMAN | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| NEWTON BUCKNER | TREASURER | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID BERARDESCA | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| EDWARD C PAGE | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| JOHN LAWLOR | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| JOSEPH J PORCO | DIRECTOR (THRU 03/31/24) | 1.0 |
Director
|
$0 | $0 | $0 |
| KERRY BROWN | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| KEVIN J HECHT | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| LAURA MICHNOWSKI | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| MARK WINNE | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| RINALDO MAGLIANO | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| ROBERT J FURCE | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| SHANE DUFRESNE | DIRECTOR (EFFECTIVE 04/01/24) | 1.0 |
Director
|
$0 | $0 | $0 |
| SHELBY JACKSON | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| THADDEUS M STEWART | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| THEODORE J NELSON | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| JON-PAUL VENOIT | PRESIDENT AND CEO, ASSISTANT SECRETARY | 1.0 |
Officer
|
$0 | $58,740 | $786,378 |
| KIMBERLY MAGALHAES | EXECUTIVE DIRECTOR INDEPENDENT LIVING (MAV) | 40.0 |
Officer
|
$138,493 | $6,264 | $144,757 |
| RACHAEL LAUDANO | EXECUTIVE DIRECTOR ASSISTED LIVING (MAV) | 40.0 |
Officer
|
$135,168 | $44,479 | $179,647 |
| STEVEN D BEAULIEU | CFO, ASSISTANT TREASURER | 1.0 |
Officer
|
$0 | $44,115 | $328,151 |
| KIMBERLY FIORE | DIRECTOR OF SALES | 40.0 |
Highest
|
$160,637 | $21,058 | $181,695 |
| OLENA KORYTNYUK | DIRECTOR ALSA | 40.0 |
Highest
|
$115,628 | $32,845 | $148,473 |
| TINA BENNETT | INFECTION PREVENTIONIST | 40.0 |
Highest
|
$116,228 | $35,760 | $151,988 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $32,558,063 | $27,782,810 | $122,477,230 | $4,775,253 |
| 2023 | $31,914,782 | $26,982,730 | $123,206,882 | $4,932,052 |
| 2022 | $30,919,426 | $24,937,560 | $124,424,706 | $5,981,866 |
| 2021 | $29,568,756 | $24,366,140 | $124,995,014 | $5,202,616 |
| 2020 | $29,686,985 | $23,976,092 | $126,279,743 | $5,710,893 |
| 2019 | $29,535,216 | $22,781,507 | $129,615,979 | $6,753,709 |
| 2018 | $29,701,751 | $23,125,983 | $104,318,328 | $6,575,768 |
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