Masonicare Health Center is a 501(c)(3) organization based in Wallingford, Connecticut, registered in 1943, with $58,975,646 in FY2023 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
Revenue (FY2023)
$59.0M
▲ 5.1% vs prior year
Human Services median: $293K
Expenses (FY2023)
$58.0M
Net assets
$27.7M
Employees
770
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Masonicare Health Center: 90% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Masonicare Health Center: 6 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Masonicare Health Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Masonicare Health Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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The mission of masonicare health center is to provide comprehensive medical services to the elderly.`
Revenue declined from $60.0M (FY2013) to $59.0M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
1.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$35.4M
Total liabilities
$7.7M
Net assets
$27.7M
Salaries & benefits
$34.0M
59% of expenses
Board members
17
17 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $58,975,646▲5.1% | $57,989,426▼3.8% | $27,725,848▲20.0% | $35,446,265▲12.3% | 990 |
| 2022 | $56,097,704▲2.4% | $60,266,809▲6.0% | $23,113,177▲6.1% | $31,550,601▲3.7% | 990 |
| 2021 | $54,756,357▲6.7% | $56,864,289▲2.4% | $21,778,402▲1.4% | $30,436,340▲0.4% | 990 |
| 2020 | $51,314,223▼15.3% | $55,513,892▼16.2% | $21,473,376▼9.8% | $30,328,856▼12.2% | 990 |
| 2019 | $60,567,268▼1.0% | $66,264,131▼2.2% | $23,807,911▼11.6% | $34,560,093▲2.4% | 990 |
| 2018 | $61,191,898▼2.3% | $67,763,246▼3.7% | $26,940,486▲0.7% | $33,751,675▲1.9% | 990 |
| 2017 | $62,634,396▼2.9% | $70,400,205▲4.4% | $26,754,715▼10.2% | $33,118,324▼8.5% | 990 |
| 2016 | $64,527,200▼2.9% | $67,444,081▲0.9% | $29,791,574▼2.5% | $36,212,334▼3.5% | 990 |
| 2015 | $66,428,029▲3.2% | $66,866,329▲3.4% | $30,540,830▼2.1% | $37,520,555▼1.5% | 990 |
| 2014 | $64,372,990▲7.2% | $64,655,144▲0.5% | $31,187,728▼0.5% | $38,088,059▼2.6% | 990 |
| 2013 | $60,029,640 | $64,335,518▼3.9% | $31,358,558▼13.3% | $39,094,438▼9.4% | 990 |
| 2012 | — | $66,962,971▲3.7% | $36,169,631▼10.7% | $43,141,423▼7.7% | 990 |
| 2011 | — | $64,560,559▲4.7% | $40,481,610▲7.3% | $46,721,064▲5.8% | 990 |
| 2010 | — | $61,690,488▲1.7% | $37,740,668▲3.7% | $44,160,660▲2.6% | 990 |
| 2009 | — | $60,659,774 | $36,387,960 | $43,027,131 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Mary Jane Gagliardi — $266,859 (0.46% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mary Jane Gagliardi | Psychiatric Clinical Supervisor | 40 | $266,859 |
| Linda Luman | Psychiatric Clinical Supervisor | 40 | $243,892 |
| Patricia Evelyn | Director of Nursing Snf | 40 | $185,182 |
| Lawrence Ogbogu | Behavioral Health Aprn | 40 | $173,221 |
| Courtney O'sullivan | Long Term Care Administrator | 40 | $157,300 |
| Cara Carbray | Director Behavioral Health Hospital | 40 | $136,726 |
| Bonnie Mcwain | Secretary | 1 | — |
| Bruce R Bellmore | Vice Chairman | 1 | — |
| Christopher J Earle | Chairman | 1 | — |
| David Berardesca | Director | 1 | — |
| Edward C Page | Director | 1 | — |
| John Lawlor | Director | 1 | — |
| Jon-paul Venoit | President and Ceo, Assistant Secretary | 1 | — |
| Joseph J Porco | Director (thru 03/31/24) | 1 | — |
| Kerry Brown | Director | 1 | — |
| Kevin J Hecht | Director | 1 | — |
| Laura Michnowski | Director | 1 | — |
| Mark Winne | Director | 1 | — |
| Newton Buckner | Treasurer | 1 | — |
| Rinaldo Magliano | Director | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Healthpro Heritage | Therapy Services | $3,003,618 |
| Aaa Nursing Care LLC | Nursing Services | $1,759,880 |
| Intelycare Inc | Nursing Services | $1,018,193 |
| Saucier Mechanical Services | Hvac Services | $657,259 |
| Morrison Management Specialists | Food Services | $585,541 |
Explore more
Data for Masonicare Health Center (EIN 06-0655131) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.