MASONICARE AT MYSTIC INC
PO Box 70, Wallingford, CT 06492 www.masonicare.org

Total Revenue
$235,786
Total Expenses
$949,627
Net Assets
$3,323,222

Organizations Filed Purposes: Masonicare at Mystic Inc (MAM) was formed on Jan. 8, 2014 as a Connecticut non-stock 501(c)(3) corporation for the purpose of serving as an owner and as the manager of Senior Living by Masonicare, LLC (SLM). MAM has received notification from the Internal Revenue Service (dated March 25, 2015) that the corporation is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code and that the corporation is a public charity under Code Section 509(a)(2). SLM was formed as a Connecticut Limited Liability Company for the purpose of acquiring property in order to provide assisted living (including memory care assisted living) and independent living to the elderly. On the book basis for the fiscal year ended September 30, 2019 MAM owns 88.4% of SLM with the remaining 11.6% owned by Mystic Senior LIving Associates, LLC. The 179 unit assisted living facility in Mystic, Connecticut, opened in November 2016.

Masonicare at Mystic, Inc. provides management services to Senior Living by Masonicare, LLC (SLM). SLM is an affiliate that is jointly owned with Mystic Senior Living Associates, LLC. SLM provides assisted living (including memory care assisted living) and independent living to the elderly. The facility includes 100 independent living apartments. The occupancy percentage for the fiscal year ending September 2019 was 93.3%. In addition, the facility has 79 assisted living apartments. The occupancy percentage for the fiscal year ending September 2019 was 40.1%.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Perry PhillipsFormer Executive Director Senior Living by Masonicare0$132,349
James R RudeCFO, Assistant Treasuer1$0
Peter MorrisExecutive Director Senior Living by Masonicare (Effective 02/11/19)40$0
Mark GarilliChief Operating Officer (thru 02/01/19)1$0
David O SternDirector1$0
Edward C PageDirector (thru 04/08/19)1$0
Les B KingDirector (effective 04/09/2019)1$0
Robert B ErskineDirector1$0
Marc A CiociolaDirector1$0
Gustaf R BodinDirector1$0
Jon-Paul VenoitPresident and CEO, Assistant Secretary1$0
Hilde SagerVP of Residential Services (thru 02/01/19)1$0
Timothy RyanTreasuer1$0
Chester R MillerVice Chairman1$0
Robert HarrimanSecretary1$0
David A GessertChairman1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202002269349300940_public.xml