ELIM PARK BAPTIST HOME INC Charity Report

Public IRS 990 nonprofit record

ELIM PARK BAPTIST HOME INC

EIN 06-0658099 · Human Services (P750)

What they do

ELIM PARK WAS FOUNDED IN 1906 BY THE SWEDISH BAPTIST CONFERENCE WITH THE MISSION to CARE (SEE SCH. O) for and PROVIDE A HOME of REST for THE FRAIL and ELDERLY MEMBERS of THEIR CONFERENCE. SINCE OUR INCORPORATION, OUR MISSION HAS EXPANDED and MATURED, and WE ARE NO LONGER A "HOME of REST," BUT RATHER A HOME WHERE RESIDENTS CAN FLOURISH and LIVE ACTIVE, INSPIRED, FULFILLING LIVES. THE INTERDENOMINATIONAL NATURE of OUR ORGANIZATION WELCOMES OLDER ADULTS of ALL FAITHS, WITH A CARING STAFF and CHRIST-CENTERED ENVIRONMENT THAT ALLOWS THEM to GROW IN SPIRITUAL HEALTH AS WELL AS MEETING THEIR PHYSICAL NEEDS. OUR MISSION is to PROVIDE QUALITY CARE THROUGH EXCITING CULTURAL and FITNESS PROGRAMS and A BROAD SPECTRUM of HEALTH SERVICES IN A CHRIST-CENTERED ENVIRONMENT. ELIM PARK LOOKS UPON ITS MISSION AS AN EXTENSION of THE CHURCH MINISTRY WITHIN THE BAPTIST GENERAL CONFERENCE and GIVES ADMISSION PRIORITY to ITS MEMBERS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

81.45%of revenue went to mission work87.2% of expenses · Program services

0.05%of revenue went to fundraising0.1% of expenses

$93.39spent for every $100 of revenueRevenue covered expenses this year.

11.89%of revenue went to management and office costs12.7% of expenses

$2.83in assets for every $1 spent this yearSome assets cannot be spent right away.

2.0%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $357,929 for BRIAN BEDARD (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$41,130,192

Mission workProgram services$33,499,67881.45% of revenue87.2% of expenses

ManagementOffice and general costs$4,891,01211.89% of revenue12.7% of expenses

FundraisingAsking for donations$21,9330.05% of revenue0.1% of expenses

Revenue left after expensesReported annual surplus$2,717,5696.61% of revenueShown in gray on the chart

Total expenses$38,412,62393.39% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 87.2% mission · 12.7% management · 0.1% fundraisingTotal expenses: 93.39% of revenue

2023Expense mix: 86.8% mission · 12.9% management · 0.3% fundraisingTotal expenses: 91.81% of revenue

2022Expense mix: 84.8% mission · 15.0% management · 0.1% fundraisingTotal expenses: 81.06% of revenue

2021Expense mix: 85.8% mission · 13.8% management · 0.5% fundraisingTotal expenses: 85.56% of revenue

2020Expense mix: 84.3% mission · 15.5% management · 0.2% fundraisingTotal expenses: 83.39% of revenue

2019Expense mix: 85.9% mission · 14.0% management · 0.2% fundraisingTotal expenses: 93.97% of revenue

2018Expense mix: 86.6% mission · 12.8% management · 0.6% fundraisingTotal expenses: 95.78% of revenue

2017Expense mix: 91.1% mission · 8.3% management · 0.6% fundraisingTotal expenses: 97.10% of revenue

Money in and money out

Revenue$41,130,192

Expenses$38,412,623

Annual surplus $2,717,569 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$33,499,678 · 87.2% of expenses

Management and office costs$4,891,012 · 12.7% of expenses

Fundraising$21,933 · 0.1% of expenses

See all reported dollar amounts

Revenue$41,130,192

Expenses$38,412,623

Assets$108,782,698

Income$41,551,589

Contributions$818,914

Mission work (program services)$33,499,678

Fundraising$21,933

Grants given$6,207,859

Average grant$206,929

Management and general$4,891,012

Executive compensation (total)$59,976,336

Stocks and bonds$39,577,037

Accounting fees$106,210

Investing fees$14,491

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BRIAN BEDARDPRESIDENT · 40 hrs/week $357,929Base $306,782 · Other $51,147

MICHELLE PASCETTACHIEF FINANCIAL OFFICER · 40 hrs/week $206,717Base $185,401 · Other $21,316

JOHN SWEENEYADMINSTRATOR OF HEALTH SERVICE · 40 hrs/week $181,553Base $173,504 · Other $8,049

KARA TAYLORDIRECTOR OF NURSING · 40 hrs/week $169,036Base $163,480 · Other $5,556

ROBERT COTADIRECTOR OF INDEPENDENT LIVING · 40 hrs/week $157,640Base $137,406 · Other $20,234

JEFFREY BERMANLIFE SPAN SPECIALIST · 40 hrs/week $150,645Base $144,129 · Other $6,516

DEBORAH SMITHSTAFF DEVELOP. & INFECT. PREVEN. RN · 40 hrs/week $150,574Base $130,640 · Other $19,934

NASTASIA VILLEDARN SUPERVISOR · 40 hrs/week $142,287Base $127,476 · Other $14,811

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

BRIAN BEDARDPRESIDENT

MICHELLE PASCETTACHIEF FINANCIAL OFFICER

JOHN SWEENEYADMINSTRATOR OF HEALTH SERVICE

KARA TAYLORDIRECTOR OF NURSING

ROBERT COTADIRECTOR OF INDEPENDENT LIVING

JEFFREY BERMANLIFE SPAN SPECIALIST

DEBORAH SMITHSTAFF DEVELOP. & INFECT. PREVEN. RN

NASTASIA VILLEDARN SUPERVISOR

KEITH WETJENDIRECTOR

VICKI HOFFMANVICE CHAIR

TIM PONZANISECRETARY

ROBERTO ECKERCHAIR

MIKE WIJASDIRECTOR

MARKES WILSONDIRECTOR

JOANNE PERRYTREASURER

JAMES SIPSMADIRECTOR

CHRIS NELSONDIRECTOR/IMMEDIATE PAST CHAIR

About this charity

Recognized since: January 1942
Location: 140 COOK HILL RD, CHESHIRE, CT 06410-3736
County: New Haven
In care of: MICHELLE PASCETTA
Primary officer: MICHELLE PASCETTA, CFO

How to reach them

WebsiteVisit the charity’s website Emailinfo@elimpark.org Phone(203) 272-3547

Filing and classification

Latest tax year: 2024
Tax period began: October 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Human Services (P750)
IRS tax category: Continuing Care Retirement Communities
Grant-giving organization: Yes