Yale-New Haven Care Continuum Corporation
- Assets
- $4.6m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 210
- Location
- New Haven, CT
- Founding
- 11/2012
- Data as of
- 09/2021
- EIN
- 45-5235566
Organization Overview
Yale-New Haven Care Continuum Corporation is located in New Haven, CT. The organization was established in 2012. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 09/2021, Yale-New Haven Care Continuum Corporation employed 210 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yale-New Haven Care Continuum Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Yale-New Haven Care Continuum Corporation generated $9.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $16.8m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAINTAIN AND OPERATE A CHRONIC AND CONVALESCENT NURSING HOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OTHE CORPORATION OPERATES A 120-BED SKILLED NURSING FACILITY THAT PROVIDES LONG-TERM CARE FOR THOSE UNABLE TO LIVE INDEPENDENTLY AND SHORT-TERM REHABILITATION FOR PATIENTS WHO HAVE EXPERIENCED ELECTIVE SURGERY, AN INJURY OR A TRAUMATIC MAJOR ILLNESS. DURING FY21 THE CORPORATION HAD 26,056 PATIENT DAYS AND PROVIDED VARIOUS SERVICES INCLUDING BUT NOT LIMITED TO RESPITE CARE FOR FAMILY MEMBERS AND CAREGIVERS WHO NEED A REST FROM THE DEMANDS OF PROVIDING CONTINUOUS CARE AT HOME; STROKE RECOVERY FOR VICTIMS OF STROKE WHO OFTEN REQUIRE EXTENDED REHABILITATION SERVICES IN ORDER TO ACHIEVE A LEVEL OF FUNCTIONALITY THAT ALLOWS THEM TO RETURN HOME; PROVIDE CARE FOR LVAD AND HVAD PATIENTS, ORTHOPEDIC RECOVERY FOR PATIENTS WHO HAVE UNDERGONE BONE AND/OR JOINT SURGERY, INCLUDING INDIVIDUALIZED ONE-ON-ONE THERAPY WITH TRAINED STAFF, FOR PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY, SEVEN DAYS A WEEK; RESPIRATORY THERAPY SERVICES 7 DAYS A WEEK FOR THOSE PATIENTS WITH COPD, PNEUMONIA, TRACHS, IV THERAPY, WOUND VAC, CHEST PERCUSSION THERAPY, ETC; PARTNERSHIP WITH SMILOW TEAM TO PROVIDE SERVICES FOR REHABILITATION SERVICES TO PATIENTS BEING TREATED AT SMILOW AND COORDINATE SERVICES TO AND FROM THE MAIN CAMPUS; A CONTRACT IS IN PLACE WITH THE MOLECULAR NEUROSCIENCE INSTITUTE TO PROVIDE A CONTROLLED ENVIRONMENT FOR STUDY PATIENTS WHILE UNDERGOING TREATMENT; REHABILITATION AND LONG-TERM CARE FOR PATIENTS THAT ARE UNDOCUMENTED OR DO NOT HAVE INSURANCE TO COVER THEIR STAY IN A FACILITY, AND QUICK ACCESS TO LABS, MEDICATIONS AND DIAGNOSTIC SERVICES (SUCH AS RADIOLOGICAL SERVICES).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gracita Dumapit Nurse | 40 | $166,266 | |
Carol Work Director Of Admin | 40 | $165,873 | |
Arsenia Callanta Nurse | 40 | $161,999 | |
Diane Nunzianto Director Of Nursing | 40 | $138,833 | |
Marlyn Ortiola Nurse | 40 | $131,555 | |
Brett Perrone Treasurer/trustee | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Century Financial Services Inc Collections | 9/29/16 | $172,599 |
Readynurse Staffing Services Staffing Agency | 9/29/16 | $119,718 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $237,977 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $237,977 |
| Total Program Service Revenue | $8,802,406 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$31,721 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,013,188 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,380,247 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,095,197 |
| Payroll taxes | $702,865 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $638 |
| Fees for services: Accounting | $13,074 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,987,193 |
| Advertising and promotion | $0 |
| Office expenses | $505,555 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $561,424 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,632 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $137,636 |
| Insurance | $223,337 |
| All other expenses | $0 |
| Total functional expenses | $16,788,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $505,890 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,254 |
| Net Land, buildings, and equipment | $3,309,584 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $701,000 |
| Other assets | $56,488 |
| Total assets | $4,579,216 |
| Accounts payable and accrued expenses | $2,000,571 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $27,273,647 |
| Total liabilities | $29,274,218 |
| Net assets without donor restrictions | -$24,695,002 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,579,216 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cobble Hill Health Center Inc Brooklyn, NY | $104,850,612 | $51,888,626 |
Jewish Home Lifecare Sarah Neuman Center Westchester New York, NY | $40,158,579 | $47,212,238 |
United Home For Aged Hebrews New Rochelle, NY | $40,914,674 | $49,305,789 |
Carmel Richmond Nursing Home Inc Staten Island, NY | $55,443,617 | $48,780,538 |
New England Deaconess Association Concord, MA | $168,661,233 | $42,765,861 |
Ozanam Hall Of Queens Nursing Home Inc Bayside, NY | $72,263,682 | $46,054,461 |
Wesley Health Care Center Inc Saratoga Springs, NY | $29,960,994 | $37,958,192 |
St Johns Health Care Corporation Rochester, NY | $28,699,154 | $43,446,483 |
United Odd Fellow And Rebekah Home Bronx, NY | $62,645,372 | $41,096,050 |
Ferncliff Nursing Home Company Inc Rhinebeck, NY | $23,442,589 | $38,117,632 |
Jamaica Hospital Nursing Home Inc Jamaica, NY | $42,982,074 | $34,835,286 |
Kendal On Hudson Sleepy Hollow, NY | $201,830,109 | $36,128,421 |