WAVENY CARE CENTER HEALTH SERVICES INC Charity Report

Public IRS 990 nonprofit record

WAVENY CARE CENTER HEALTH SERVICES INC

EIN 06-1558523 · Human Services (P810)

What they do

INDEPENDENT LIVING and ASSISTED SENIOR LIVING FACILITY WITH ADULT DAY CARE (SEE SCHEDULE O)WAVENY LIFECARE NETWORK PROVIDES A COMPREHENSIVE CONTINUUM of HEALTHCARE to SERVE THE GROWING NEEDS of ADULTS FROM ALL AREAS. WE OFFER A PROGRESSION of THERAPEUTIC PROGRAMS, SERVICES and LIVING OPTIONS to ENHANCE QUALITY of LIFE for THOSE WE SERVE. AS PART of THE WAVENY LIFECARE NETWORK, WAVENY CARE CENTER HEALTH SERVICES, INC. OPERATES WAVENY CARE VILLAGE (THE VILLAGE), A 53-UNIT ASSISTED SENIOR LIVING FACILITY THAT ALSO PROVIDES A CARE MANAGEMENT PROGRAM for OLDER ADULTS and THE NEW CANAAN INN (THE INN), A 34-UNIT RESIDENCE for MEN and WOMEN 62 YEARS of AGE or OLDER.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.80 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 leaders31 people are listed in the latest report.

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

Money made simple

77.33%of revenue went to mission work76.8% of expenses · Program services

0.09%of revenue went to fundraising0.1% of expenses

$102.46spent for every $100 of revenueSpending was higher than revenue this year.

23.25%of revenue went to management and office costs23.1% of expenses

$1.23in assets for every $1 spent this yearSome assets cannot be spent right away.

10.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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.

Worth asking: Expenses exceeded revenue by $220,530 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $49,302 for TERRANCE HENRY (CHIEF MARKETING/SALES OFFICER). 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$9,111,640

Mission workProgram services$7,046,35777.33% of revenue76.8% of expenses

ManagementOffice and general costs$2,118,46623.25% of revenue23.1% of expenses

FundraisingAsking for donations$7,7560.09% of revenue0.1% of expenses

Total expenses$9,172,579100.67% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 76.8% mission · 23.1% management · 0.1% fundraisingTotal expenses: 100.67% of revenue

2022Expense mix: 75.9% mission · 24.1% management · 0.0% fundraisingTotal expenses: 91.27% of revenue

2021Expense mix: 74.8% mission · 25.2% management · 0.0% fundraisingTotal expenses: 111.73% of revenue

2020Expense mix: 71.8% mission · 28.2% management · 0.0% fundraisingTotal expenses: 121.60% of revenue

2019Expense mix: 76.2% mission · 23.8% management · 0.0% fundraisingTotal expenses: 119.70% of revenue

2018Expense mix: 77.4% mission · 22.6% management · 0.0% fundraisingTotal expenses: 100.68% of revenue

2017Expense mix: 65.3% mission · 34.7% management · 0.0% fundraisingTotal expenses: 98.78% of revenue

2016Expense mix: 63.8% mission · 36.2% management · 0.0% fundraisingTotal expenses: 102.77% of revenue

Money in and money out

Revenue$8,952,049

Expenses$9,172,579

Annual shortfall $220,530 Expenses were higher than revenue 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)$7,046,357 · 76.8% of expenses

Management and office costs$2,118,466 · 23.1% of expenses

Fundraising$7,756 · 0.1% of expenses

See all reported dollar amounts

Revenue$8,952,049

Expenses$9,172,579

Assets$11,276,499

Income$9,059,259

Contributions$929,629

Mission work (program services)$7,046,357

Fundraising$7,756

Management and general$2,118,466

Accounting fees$128,244

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

TERRANCE HENRYCHIEF MARKETING/SALES OFFICER · 1 hrs/week $49,302Base · Other $49,302

CAROL MCDONNELL SMITHVP HOME HEALTH · 1 hrs/week $10,810Base · Other $10,810

RUSSELL BARKSDALECEO · 1 hrs/week $9,286Base · Other $9,286

CHARLES ROSECFO · 1 hrs/week $5,837Base · Other $5,837

REBECCA ALBRECHTCHIEF HUMAN RESOURCES OFFICER · 1 hrs/week $5,142Base · Other $5,142

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 (31)

TERRANCE HENRYCHIEF MARKETING/SALES OFFICER

CAROL MCDONNELL SMITHVP HOME HEALTH

RUSSELL BARKSDALECEO

CHARLES ROSECFO

REBECCA ALBRECHTCHIEF HUMAN RESOURCES OFFICER

MARY FRANCOCO-VICE CHAIR

BARB ACHENBAUMDIRECTOR

SHARON BRADLEYDIRECTOR (UNTIL 12/2023)

ROSE LANARDDIRECTOR (FROM 1/2024)

RICHARD TOWNSENDDIRECTOR (FROM 1/2024)

RICHARD DEPATIEDIRECTOR

RICHARD CROARKINDIRECTOR (UNTIL 12/2023)

REV PETER WALSHDIRECTOR

PETER BRIDGMANDIRECTOR (UNTIL 12/2023)

PENNY YOUNGDIRECTOR

PAUL REISSDIRECTOR

NANCY PEREZSECRETARY

MARYNE ROBINDIRECTOR

MARK DEWAELE DMDDIRECTOR (FROM 1/2024)

MARIAN CURTIS BLAIRCO-VICE CHAIR

LEO KARL IIIDIRECTOR

KATHLEEN CORBETDIRECTOR (UNTIL 12/2023)

K RONE BALDWINCHAIRMAN

JILL SAUTKULISDIRECTOR

JANET LANAWAYDIRECTOR (FROM 1/2024)

DR KESAV NAIRDIRECTOR (FROM 1/2024)

DR DAVID REEDDIRECTOR

DR CRAIG OLINDIRECTOR

DIONNA CARLSONDIRECTOR (FROM 1/2024)

DEANNA XISTRISDIRECTOR

DAVID HUNTTREASURER

About this charity

Recognized since: January 2000
Location: 3 FARM RD, NEW CANAAN, CT 06840-6626
County: Fairfield
In care of: % JEREMY VICKERS
Primary officer: CHARLIE B ROSE, CFO

How to reach them

WebsiteVisit the charity’s website Phone(203) 594-5200

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Human Services (P810)