Masonicare Corporation

Fiscal year ending 2016. Filed on August 15, 2017.

PO Box 70
Wallingford, Connecticut 06492

Masonicare Corporation (EIN: 06-1435919) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Masonicare Corporation, a 501(c)(3) charitable organization, reported compensation for 10 out of 222 total employees. Among the employees shown here, the average compensation is $353,084. The highest compensated employee at Masonicare Corporation is Stephen B McPherson with fiscal year 2016 compensation of $745,380.

Revenue, expenses, and employee compensation

Revenue

$10,272,539

Expenses

$21,872,456

Employee compensation

$16,380,728
Revenue, expenses, and employee compensation over time

Contractors

Mission Statement

MASONICARE IS A PARENT HOLDING COMPANY AND SUPPORT ORGANIZATION FOR ITS AFFILIATE CORPORATIONS (COLLECTIVELY REFERRED TO AS "MASONICARE THE "SYSTEM"). MASONICARE WAS ORGANIZED IN 1995 FOR THE BENEFIT OF PROVIDING LONG RANGE STRATEGIC AND FINANCIAL PLANNING, POLICY DEVELOPMENT AND SUPPORT SERVICES FOR ITS AFFILIATES WHICH PROVIDE CONTINUING CARE RETIREMENT SERVICES AND OTHER HOUSING, HEALTHCARE AND RELATED SERVICES TO OLDER ADULTS. TRACING ITSELF TO ITS PREDECESSOR, THE MASONIC CHARITY FOUNDATION OF CONNECTICUT, THE PRINCIPAL PURPOSES OF THE CORPORATE SYSTEM ARE TO AID, ASSIST OR SUPPORT THE AGED, SICK OR INFIRM SPECIFIED GROUPS, AND OTHERWISE PROVIDE FOR THE NEEDS OF AN AGING POPULATION. IN FURTHERANCE OF ITS TRADITIONAL VALUES, THE MISSION OF MASONICARE IS TO ENHANCE THE QUALITY OF LIFE BY PROVIDING HEALTH, SOCIAL AND SPIRITUAL CARE THROUGHOUT AN INDIVIDUAL'S LIFETIME WITH EMPHASIS ON THE NEEDS OF OLDER PERSONS.

Revisions to this organization profile

August 8, 2025:
2024 Masonicare Corporation 990 filed
August 15, 2024:
2023 Masonicare Corporation 990 filed
August 10, 2023:
2022 Masonicare Corporation 990 filed

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