MASONICARE AT ASHLAR VILLAGE INC Charity Report

Public IRS 990 nonprofit record

MASONICARE AT ASHLAR VILLAGE INC

EIN 06-1050830 · Human Services (P750)

What they do

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

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.90 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 2023The report may be old. Ask for a newer one.

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

They name their leaders25 people are listed in the latest report.

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

Money made simple

78.46%of revenue went to mission work91.9% of expenses · Program services

$79.19spent for every $100 of revenueRevenue covered expenses this year.

6.88%of revenue went to management and office costs8.1% of expenses

$4.40in assets for every $1 spent this yearSome assets cannot be spent right away.

0.3%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 $181,695 for KIMBERLY FIORE (DIRECTOR OF SALES). 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 2023

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$32,558,063

Mission workProgram services$25,544,42778.46% of revenue91.9% of expenses

ManagementOffice and general costs$2,238,3836.88% of revenue8.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$4,775,25314.67% of revenueShown in gray on the chart

Total expenses$27,782,81085.33% 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

2023CurrentExpense mix: 91.9% mission · 8.1% management · 0.0% fundraisingTotal expenses: 85.33% of revenue

2022Expense mix: 91.3% mission · 8.7% management · 0.0% fundraisingTotal expenses: 84.55% of revenue

2021Expense mix: 89.9% mission · 10.1% management · 0.0% fundraisingTotal expenses: 80.65% of revenue

2020Expense mix: 84.1% mission · 15.9% management · 0.0% fundraisingTotal expenses: 82.41% of revenue

2019Expense mix: 87.9% mission · 12.1% management · 0.0% fundraisingTotal expenses: 80.76% of revenue

2018Expense mix: 91.1% mission · 8.9% management · 0.0% fundraisingTotal expenses: 77.13% of revenue

2017Expense mix: 90.3% mission · 9.7% management · 0.0% fundraisingTotal expenses: 77.86% of revenue

2016Expense mix: 90.5% mission · 9.5% management · 0.0% fundraisingTotal expenses: 80.70% of revenue

Money in and money out

Revenue$35,082,683

Expenses$27,782,810

Annual surplus $7,299,873 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)$25,544,427 · 91.9% of expenses

Management and office costs$2,238,383 · 8.1% of expenses

See all reported dollar amounts

Revenue$35,082,683

Expenses$27,782,810

Assets$122,362,105

Income$35,137,947

Contributions$94,165

Mission work (program services)$25,544,427

Grants given$182,348

Average grant$26,050

Management and general$2,238,383

Executive compensation (total)$183,266

Accounting fees$20,225

People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation

KIMBERLY FIOREDIRECTOR OF SALES · 40 hrs/week $181,695Base $160,637 · Other $21,058

RACHAEL LAUDANOEXECUTIVE DIRECTOR ASSISTED LIVING (MAV) · 40 hrs/week $179,647Base $135,168 · Other $44,479

TINA BENNETTINFECTION PREVENTIONIST · 40 hrs/week $151,988Base $116,228 · Other $35,760

OLENA KORYTNYUKDIRECTOR ALSA · 40 hrs/week $148,473Base $115,628 · Other $32,845

KIMBERLY MAGALHAESEXECUTIVE DIRECTOR INDEPENDENT LIVING (MAV) · 40 hrs/week $144,757Base $138,493 · Other $6,264

JON-PAUL VENOITPRESIDENT AND CEO, ASSISTANT SECRETARY · 1 hrs/week $58,740Base · Other $58,740

STEVEN D BEAULIEUCFO, ASSISTANT TREASURER · 1 hrs/week $44,115Base · Other $44,115

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 (25)

KIMBERLY FIOREDIRECTOR OF SALES

RACHAEL LAUDANOEXECUTIVE DIRECTOR ASSISTED LIVING (MAV)

TINA BENNETTINFECTION PREVENTIONIST

OLENA KORYTNYUKDIRECTOR ALSA

KIMBERLY MAGALHAESEXECUTIVE DIRECTOR INDEPENDENT LIVING (MAV)

JON-PAUL VENOITPRESIDENT AND CEO, ASSISTANT SECRETARY

STEVEN D BEAULIEUCFO, ASSISTANT TREASURER

LAURA MICHNOWSKIDIRECTOR

THEODORE J NELSONDIRECTOR

THADDEUS M STEWARTDIRECTOR

SHELBY JACKSONDIRECTOR

SHANE DUFRESNEDIRECTOR (EFFECTIVE 04/01/24)

ROBERT J FURCEDIRECTOR

RINALDO MAGLIANODIRECTOR

NEWTON BUCKNERTREASURER

MARK WINNEDIRECTOR

BONNIE MCWAINSECRETARY

KEVIN J HECHTDIRECTOR

KERRY BROWNDIRECTOR

JOSEPH J PORCODIRECTOR (THRU 03/31/24)

JOHN LAWLORDIRECTOR

EDWARD C PAGEDIRECTOR

DAVID BERARDESCADIRECTOR

CHRISTOPHER J EARLECHAIRMAN

BRUCE R BELLMOREVICE CHAIRMAN

About this charity

Recognized since: January 1982
Location: PO BOX 70, WALLINGFORD, CT 06492-7001
County: New Haven
In care of: David Lawlor
Primary officer: David Lawlor, CFO

How to reach them

WebsiteVisit the charity’s website Phone(203) 679-6400 Officer phone(203) 679-5555

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: Human Services (P750)
IRS tax category: Continuing Care Retirement Communities
Grant-giving organization: Yes