2026-02-13T14:31:18-06:00 2025-09-30 390859910 BAKER TILLY ADVISORY GROUP LP 66 HUDSON BLVD E SUITE 2200 NEW YORK NY 10001 990 2024-10-01 061017444 CONNECTICUT BAPTIST HOMES INC CONN 2032371206 292 THORPE AVENUE MERIDEN CT 064507184 PATRICIA MORSE PRESIDENT & CEO 2032371206 2026-02-13 1 1 MARY-EVELYN ANTONETTI P00431862 2126976900 2026-02-13 2024 2025-03-06 01:10:19Z PATRICIA MORSE 292 THORPE AVENUE MERIDEN CT 064507184 26780332 0 X WWW.CTBAPTISTHOMES.ORG X 1983 CT AS A NOT-FOR-PROFIT ORGANIZATION AFFILIATED WITH THE AMERICAN BAPTIST CHURCHES OF CONNECTICUT, CONNECTICUT BAPTIST HOMES, INC. PROVIDES A CONTINUUM OF DISTINCT LEVELS OF CARE THAT PROVIDE REHABILITATIVE SERVICES, NURSING CARE, DEMENTIA CARE AND RESIDENTIAL LIVING SERVICES TO ELDERLY INDIVIDUALS. 12 12 758 13 0 0 2321970 45235 22619350 24936432 428456 989302 54962 65155 25424738 26036124 0 0 0 0 13227249 14367699 0 0 0 13196880 12294736 26424129 26662435 -999391 -626311 44389808 47252784 18020057 20567639 26369751 26685145 RECOGNIZING THE VALUE OF EACH INDIVIDUAL AND GUIDED BY OUR COMMITMENT TO EXCELLENCE AND QUALITY, OUR MISSION AS A FAITH-BASED ORGANIZATION AFFILIATED WITH THE AMERICAN BAPTIST CHURCHES OF CONNECTICUT IS TO PROVIDE COMPASSIONATE CARE AND SERVICES TO OLDER PEOPLE. 0 0 16619568 18951688 OUR SKILLED NURSING AND INTERMEDIATE CARE UNITS COMBINED WITH RESIDENTIAL LIVING PROVIDE REHABILITATIVE SERVICES, NURSING CARE AND SUPPORTED LIVING IN A CONTINUUM THAT SUPPORTS RESIDENTS MAXIMUM INDEPENDENCE, DIGNITY, AND CHOICE IN A FAITH-BASED, MISSION DRIVEN SETTING. 4154892 4737922 OUR INDEPENDENT LIVING COMMUNITY PROVIDES APARTMENT LIVING FOR SENIORS ON A MONTHLY BASIS THAT SUPPORTS RESIDENTS MAXIMUM INDEPENDENCE, DIGNITY, AND CHOICE IN A FAITH-BASED, MISSION DRIVEN SETTING. 1093392 1246822 OUR ASSISTED LIVING SERVICES AGENCY PROVIDES ASSISTED LIVING SERVICES TO INDIVIDUALS IN OUR INDEPENDENT LIVING COMMUNITY IN ORDER TO MAINTAIN THEIR ABILITY TO LIVE INDEPENDENTLY, MAXIMIZE THEIR INDEPENDENCE, DIGNITY AND CHOICE IN A FAITH-BASED MISSION DRIVEN SETTING. 21867852 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 53 0 1 758 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT X X JESSICA THAYER 8604679009 292 THORPE AVENUE MERIDEN CT 064507184 PETER YOUNG CHAIRPERSON 0.50 X X 0 0 0 REV HOPETON SCOTT VICE-CHAIRPERSON 0.50 X X 0 0 0 REV MARGARET D LEWIS SECRETARY 0.50 X X 0 0 0 DAVE JONES DIRECTOR 0.50 X 0 0 0 DAVID MARTINO DIRECTOR 0.50 X 0 0 0 JOYCE OLORE DIRECTOR 0.50 X 0 0 0 MARCIA SARRAZIN DIRECTOR 0.50 X 0 0 0 MATTHEW JENINGS DIRECTOR 0.50 X 0 0 0 REV RICHARD J DOYLE DIRECTOR 0.50 X 0 0 0 ROBERT AVENA ESQ DIRECTOR 0.50 X 0 0 0 VICTORIA O ODESINA DIRECTOR 0.50 X 0 0 0 WILLIAM MCMUNN DIRECTOR 0.50 X 0 0 0 FRANK AMAZEEN DIRECTOR (UNTIL 01/2025) 0.50 X 0 0 0 PATRICIA MORSE PRESIDENT AND CEO 40.00 X 279522 0 38745 SHAUN MASTROIANNI COO OF BROOKLYN CAMPUS & ADMINISTRATOR 40.00 X 180204 0 41883 ASHA KISTOO AR MANAGER 40.00 X 105711 0 40770 ELIZABETH CROWLEY DIRECTOR OF NURSING 40.00 X 132359 0 16711 COLETTE EMERY EXECUTIVE DIRECTOR 40.00 X 131462 0 31996 COURTNEY SCOTTI RN 40.00 X 140300 0 33486 ALETA ABAYAO RN 40.00 X 126979 0 38480 1096537 0 242071 12 0 1 0 UNIDINE CORPORATION PO BOX 102289 ATLANTA GA 30368 DIETARY SERVICES 1295851 HEALTHPRO HERITAGE PO BOX 69268 BALTIMORE MD 21264 NURSING SERVICES 819208 FACILITY COMPLIANCE SERVICES 1492 BERLIN TURNPIKE BERLIN CT 06037 COMPLIANCE 405378 CLIFTONLARSONALLEN PO BOX 829709 PHILADELPHIA PA 19182 ACCOUNTING SERVICES 375361 GERIATRIC MEDICAL PO BOX 2503 WOBURN MA 01888 NURSING SERVICES 198386 6 45235 45235 PATIENT SVC REV - SKILLED 623000 19451279 19451279 PATIENT SVC REV - RESIDENTIAL 623000 4808313 4808313 ANCILLARY SVC REVENUE 623000 676840 676840 24936432 289822 289822 1443688 744208 699480 699480 699480 MGT & MAINTENANCE CONTRACT INCOME 900099 65155 65155 65155 26036124 24936432 0 1054457 X 614032 614032 11251921 10356674 895247 135078 135078 1522570 1400105 122465 844098 742250 101848 19213 19213 288681 288681 80968 80968 133322 128942 4380 85722 85722 404812 83770 321042 1202129 1202129 8089 8089 923533 923533 1582123 1582123 397876 397876 FOOD & DIETARY CONTRACT 1248528 1248528 REPAIRS AND SUPPLIES 1105543 1105543 MEDICAL THERAPY 1046423 1046423 PROVISION FOR CREDIT LO 1000000 1000000 2767774 1912754 855020 26662435 21867852 4794583 0 1769994 1918134 479537 398966 4677067 3393999 161071 182582 199233 195118 54836414 29115461 22445346 25720953 11914780 12972399 2742780 2470633 44389808 47252784 1760391 1633636 7650188 10037909 446890 475343 8119809 8368350 42779 52401 18020057 20567639 X 23292371 23432562 3077380 3252583 26369751 26685145 44389808 47252784 X -626311 766502 175203 X X 0 1 X 1 0 X 2432323 449067 3330212 2321970 45235 8578807 14829498 18302211 20471614 22619350 24936432 101159105 17261821 18751278 23801826 24941320 24981667 109737912 0 0 0 109737912 306375 333071 444717 314740 289822 1688725 306375 333071 444717 314740 289822 1688725 124096 113971 98184 54962 65155 456368 17692292 19198320 24344727 25311022 25336644 111883005 0.98080 0.97470 0.01510 0.01980 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MGMT MAINTENANCE CONTRACT - 2020 AMOUNT: $ 124,096. 2021 AMOUNT: $ 113,971. 2022 AMOUNT: $ 98,184. 2023 AMOUNT: $ 54,962. 2024 AMOUNT: $ 65,155. 0 1 X 802342 802342 43443900 27395938 16047962 8364463 1679025 6685438 2225709 40498 2185211 25720953 INTEREST IN PERPETUAL TRUSTS 2213019 ASSETS LIMITED TO USE BY LENDER 257614 2470633 SECURITY DEPOSITS 52401 52401 X 26896861 766502 175203 941705 25955156 80968 80968 26036124 26581467 0 26581467 80968 80968 26662435 PART IV, LINE 2B: THE ORGANIZATION ACTS AS A CUSTODIAN FOR THE RESIDENTS' FUNDS, WHICH THEY CAN THEN USE AND SPEND AT THEIR DISCRETION FOR PERSONAL SERVICES. THE ORGANIZATION ALSO HAS AN ESCROW LIABILITY COMPRISED OF TENANT SECURITY DEPOSITS RELATED TO TENANTS FORMERLY IN CONNECTICUT BAPTIST HOUSING, INC. PART X, LINE 2: THE FOLLOWING IS AN EXCERPT FROM NOTE ONE OF THE FINANCIAL STATEMENTS: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. 288 THORPE IS A SINGLE MEMBER LLC, IT IS TREATED AS A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2025 AND 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PERPETUAL TRUSTS 175,203. X X X X 0 0 0 0 0 0 0 1 0 PATRICIA MORSE PRESIDENT AND CEO 253522 0 26000 0 0 0 11020 0 27725 0 318267 0 0 0 SHAUN MASTROIANNI COO OF BROOKLYN CAMPUS & ADMINISTRAT 157204 0 23000 0 0 0 7770 0 34113 0 222087 0 0 0 COURTNEY SCOTTI RN 140300 0 0 0 0 0 4241 0 29245 0 173786 0 0 0 ALETA ABAYAO RN 126979 0 0 0 0 0 4750 0 33730 0 165459 0 0 0 COLETTE EMERY EXECUTIVE DIRECTOR 131462 0 0 0 0 0 4253 0 27743 0 163458 0 0 0 PART I, LINE 7 BONUS RECEIVED BY PATRICIA MORSE AND SHAUN MASTROIANNI WERE DISCRETIONARY AND APPROVED BY THE BOARD. A STATE OF CT HEALTH & ED FACILITIES AUTHORITY - SERIES A 060806186 2024-12-30 7870000 REFINANCE OF PRIOR BONDS 0 0 0 B STATE OF CT HEALTH & ED FACILITIES AUTHORITY - SERIES B 060806186 2024-12-30 5000000 CAPITAL PROJECTS 0 0 0 A 132000 7870000 250417 7619583 2025 1 0 1 1 B 5000000 3402778 1597222 1 0 0 0 A 0 0 1 1 0 0 0 1 B 0 0 1 1 0 0 0 1 A 0 0 1 0 0 1 M&T BANK 5.600000000000 0 0 0 0 1 B 0 1 0 0 0 0 M&T BANK 5.600000000000 0 0 0 0 1 A 1 B 1 SCHEDULE K, PART II, LINE 11: THE OTHER SPENT PROCEEDS INCLUDED IN COLUMN A LINE 11 WERE USED TO CURRENTLY REFUND THE CHEFA, SERIES B BOND ISSUED ON 10/01/2023. SCHEDULE K, PART II, LINE 3B: THE ORGANIZATION ENGAGED BOND COUNCIL TO REVIEW MANAGEMENT AGREEMENTS AS PART OF THE BOND REFINANCING. IN CONNECTION WITH A REFINANCING OF THE ORGANIZATION'S TAX EXEMPT BONDS DURING THE YEAR, THE ORGANIZATION ENGAGED BOND COUNSEL. IT WAS DETERMINED THAT MANAGEMENT AND SERVICE CONTRACTS SATISFY THE REQUIREMENTS OF REVENUE PROCEDURE 2017-13. THE CONTRACTS DO NOT RESULT IN PRIVATE BUSINESS USE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TRANSACTIONS WITH PARTIES WITH WHOM A CONFLICTING INTEREST EXISTS MAY BE UNDERTAKEN ONLY IF ALL OF THE FOLLOWING ARE OBSERVED: 1. THE CONFLICTING INTEREST IS FULLY DISCLOSED; 2. THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION; 3. A COMPETITIVE BID OR COMPARABLE VALUATION EXISTS; AND 4. THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS HAS DETERMINED THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE PERFORMANCE OF THE PRESIDENT OF THE ORGANIZATION IS REVIEWED BY THE PERSONNEL COMMITTEE OF THE BOARD. THE FINANCE COMMITTEE THEN UNDERTAKES THE RESPONSIBILITY OF DETERMINING COMPENSATION BASED ON PERFORMANCE INDICATORS. APPROPRIATE SALARY SURVEY(S) ARE REVIEWED FOR COMPARISON PURPOSES. THE FINANCE COMMITTEE MAKES A RECOMMENDATION TO THE FULL BOARD OF DIRECTORS FOR THEIR APPROVAL. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE UPON REQUEST AND IS ALSO AVAILABLE ON GUIDESTAR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING BODY DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E PROVIDER TAXES: PROGRAM SERVICE EXPENSES 923,273. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 923,273. MEDICATIONS: PROGRAM SERVICE EXPENSES 432,149. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 432,149. HOUSEKEEPING AND LAUNDRY: PROGRAM SERVICE EXPENSES 401,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 401,500. LOSS ON DEBT REFINANCING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 294,974. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 294,974. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 277,072. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 277,072. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 196,817. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 196,817. RELIGIOUS SERVICES: PROGRAM SERVICE EXPENSES 155,832. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 155,832. OTHER EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 66,060. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 66,060. EMPLOYEE EDUCATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 20,097. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,097. FORM 990, PART XI, LINE 9: CHANGE IN PERPETUAL TRUST 175,203. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES TO THE PROCESS DURING THE YEAR. 288 THORPE AVE LLC 288 THORPE AVENUE MERIDEN CT 06450 REAL ESTATE CT 22910 247788 CONNECTICUT BAPTIST HOMES INC