Masonicare Home Health and Hospice Inc (EIN 061101924) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Phone

2036787857

Tax Period

2023-10-01 to 2024-09-30

Masonicare Home Health and Hospice Inc, founded in 1999, is a mid-sized nonprofit in the Health Care sector that reported $34.4M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

MASONICARE HOME HEALTH AND HOSPICE, INC. PROVIDES HOME HEALTH AND HOSPICE SERVICES TO CLIENTS THROUGHOUT MUCH OF THE STATE OF CONNECTICUT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $59,514

Program Service Revenue $34,198,320

Investment Income $97,656

Other Revenue $0

TOTAL REVENUE $34,355,490

Expense Breakdown

Grants Paid $0

Salaries & Benefits $23,169,391

Fundraising Expenses $0

Program Expenses $24,382,565

Other Expenses $12,946,502

TOTAL EXPENSES $36,115,893

Year-over-Year Comparison

	2023	2022	Change
Revenue	$34,355,490	$38,320,945	-0.1%
Expenses	$36,115,893	$38,526,014	-0.1%
Net Income	$-1,760,403	$-205,069	+7.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

422

Volunteers

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

$1,467,209

Total Directors

Key Employees

Highest Compensated

reported

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
ANN OLSON	EXECUTIVE DIRECTOR MHHH (THRU 11/10/23)	40.0	Officer	$158,148	$27,493	$185,641
HELENA S VIEIRA	EXECUTIVE DIRECTOR MHHH (11/11/23 - 01/27/24)	40.0	Officer	$147,465	$19,574	$167,039
JON-PAUL VENOIT	PRESIDENT AND CEO, ASSISTANT SECRETARY	1.0	Officer	$0	$58,740	$786,378
LAURIE ST JOHN	EXECUTIVE DIRECTOR MHHH (EFFECTIVE 01/28/24)	40.0	Officer	$0	$0	$0
STEVEN D BEAULIEU	CFO, ASSISTANT TREASURER	1.0	Officer	$0	$44,115	$328,151
ANN FELLOWS	DIRECTOR HOSPICE CLINICAL SERVICES	40.0	Highest	$120,798	$2,051	$122,849
BONNIE MCCARTHY	SENIOR CLINICAL MANAGER	40.0	Highest	$113,101	$19,176	$132,277
JOHNIE BURKE	DIRECTOR OF CARE TRANSITIONS	40.0	Highest	$114,430	$17,418	$131,848
MONICA SARTOR	DIRECTOR OF QUALITY MANAGEMENT AND SPECIALITY SVCS	40.0	Highest	$125,650	$36,732	$162,382
PAULA LAMBERT	CLINICAL MANAGER (THRU 02/24/24)	40.0	Highest	$113,770	$19,316	$133,086

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
2024	$34,355,490	$36,115,893	$6,175,312	$-1,760,403
2023	$38,320,945	$38,526,014	$6,030,550	$-205,069
2022	$39,639,437	$40,216,441	$5,822,136	$-577,004
2021	$39,986,641	$41,049,697	$8,766,172	$-1,063,056
2020	$45,934,513	$46,027,963	$16,074,913	$-93,450
2019	$50,907,065	$50,525,117	$8,383,245	$381,948
2018	$41,448,121	$40,449,021	$8,166,912	$999,100

Masonicare Home Health and Hospice Inc