CONNECTICUT ALLIANCE FOR LONG TERM CARE

EIN: 061465316 501(c)(3)

HARTFORD, CT

Total Revenue
$128,762
Total Expenses
$93,008
Total Assets
$354,872
Net Assets
$340,222
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CT
Principal Officer
PATRICK GILLAND
Phone
8605279126
Tax Period
2022-10-01 to 2023-09-30

CONNECTICUT ALLIANCE FOR LONG TERM CARE, founded in 2000, is a small nonprofit that reported $129K in total revenue in fiscal year 2022. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $36K, a strong 28% operating margin.

Mission

CALTC OPERATES TO SERVE THE CHARITABLE PURPOSES OF ITS SUPPORTED MEMBER ORGANIZATIONS, ALL OF WHICH ARE PRE-ACUTE AND/OR SUB-ACUTE/POST-ACUTE HEALTH CARE PROVIDERS. ALL OF CALTC'S SUPPORTED ORGANIZATIONS ARE 501(C)(3) CHARITABLE ORGANIZATIONS. CALTC'S CHARITABLE PURPOSES INCLUDE: (1) DEVELOPING, FORMING, AND ADMINISTERING A PROVIDER BASED NETWORK OF MEMBERS TO PROVIDE COST-EFFECTIVE HEALTH CARE SERVICES; (2) INTEGRATING AND CONSOLIDATING CERTAIN NON-PATIENT CARE FUNCTIONS UNDERTAKEN BY MEMBERS; (3) ACQUIRING ITEMS, SERVICES, AND/OR EXPERTISE REQUIRED BY ONE OR MORE MEMBERS; AND (4) MAKING AVAILABLE TO THE MEMBERS THE EXPERTISE OF THE ORGANIZATION THROUGH THE SALE OF MANAGEMENT, DEVELOPMENT AND CONSULTING SERVICES.

Program Service Accomplishments

Program 1
Expenses: $5,528 Revenue: $127,613

SECURE AND MAINTAIN MANAGED CARE PRODUCTS AND SERVICES ON BEHALF OF MEMBER ORGANIZATIONS (ALL INTERNAL REVENUE CODE SECTION 501(C)(3) ORGANIZATIONS).

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $127,613
Investment Income $16
Other Revenue $1,133
TOTAL REVENUE $128,762

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,528
Other Expenses $93,008
TOTAL EXPENSES $93,008

Year-over-Year Comparison

2022 2021 Change
Revenue $128,762 $110,040 +0.2%
Expenses $93,008 $94,155 0.0%
Net Income $35,754 $15,885 +1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
9
Employees
N/A
Volunteers
9

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
$355,256
Total Directors
10
$355,256
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK GILLAND DIRECTOR/ACTING PRESIDENT 1.50
Officer Director
$0 $55,900 $355,256
DAVID BORDONARO DIRECTOR/CHAIRMAN 0.30
Officer Director
$0 $0 $0
LISA CONNOLLY DIRECTOR/TREASURER 0.30
Officer Director
$0 $0 $0
DAVID LAWLOR DIRECTOR/VICE CHAIRMAN 0.30
Officer Director
$0 $0 $0
SUSAN VINAL DIRECTOR/SECRETARY 0.30
Officer Director
$0 $0 $0
ANDREW BANOFF DIRECTOR 0.30
Director
$0 $0 $0
BRIAN BEDARD DIRECTOR 0.30
Director
$0 $0 $0
JANICE HAMILTON-CRAWFORD DIRECTOR 0.30
Director
$0 $0 $0
LYNN RICCI DIRECTOR 0.30
Director
$0 $0 $0
JON PAUL VENOIT DIRECTOR 0.30
Director
$0 $0 $0
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
2023 $128,762 $93,008 $354,872 $35,754
2022 $110,040 $94,155 $330,468 $15,885
2021 $93,579 $857,345 $321,874 $-763,766
2020 $298,398 $67,917 $1,087,128 $230,481
2019 $201,299 $65,129 $847,130 $136,170
2018 $294,599 $226,978 $713,942 $67,621
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