2026-08-17T16:17:09-05:00 2025-09-30 390859910 BAKER TILLY ADVISORY GROUP LP 1 HIGHWOOD DRIVE TEWKSBURY MA 01876 990 2024-10-01 061558523 WAVENY CARE CENTER HEALTH SERVICES INC WAVE 2035945200 3 FARM ROAD NEW CANAAN CT 06840 CHARLES B ROSE CFO 2035945200 2026-08-17 1 1 MARY-EVELYN ANTONETTI P00431862 9785575300 2026-08-17 2024 2025-03-06 01:10:19Z RUSSELL BARKSDALE 3 FARM ROAD NEW CANAAN CT 06840 9059259 0 X WWW.WAVENY.ORG X 1998 CT 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. 19 19 0 117 -51637 0 929629 316421 8214206 8692970 3320 0 -35515 -57342 9111640 8952049 387329 143618 0 0 4793791 5211255 0 0 1959 3991459 4211619 9172579 9566492 -60939 -614443 11948898 11276499 3549654 3491698 8399244 7784801 WE SEEK TO PROVIDE THE HIGHEST QUALITY OF COMPASSIONATE, PERSON-CENTERED CARE. WE ARE COMMITTED TO OFFERING SERVICES AND RESOURCES TO CONTINUALLY MEET AND EXCEED THE GROWING NEEDS OF OLDER ADULTS AND THEIR FAMILIES. 0 0 7579781 143618 8692970 INPATIENT ASSISTED AND INDEPENDENT LIVING SERVICES - NURSING, ASSISTED LIVING, AND INDEPENDENT LIVING SERVICES PROVIDED TO RESIDENTS WITH AN APPROPRIATE ASSISTANCE WITH ACTIVITIES OF DAILY LIVING AND AN ADEQUATE BALANCE OF PROFESSIONAL SERVICES AND PERSONAL ATTENTION. 7579781 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 X STEPHANIE KAZMIERCZAK 2035945267 3 FARM ROAD NEW CANAAN CT 06840 X K RONE BALDWIN CHAIRMAN 1.00 4.00 X X 0 0 0 MARIAN CURTIS CO-VICE CHAIR 1.00 4.00 X X 0 0 0 MARY FRANCO CO-VICE CHAIR 1.00 4.00 X X 0 0 0 NANCY PEREZ SECRETARY 1.00 4.00 X X 0 0 0 DAVID HUNT DIRECTOR 1.00 4.00 X 0 0 0 LEO KARL III TREASURER 1.00 4.00 X X 0 0 0 BARB ACHENBAUM DIRECTOR (LEFT 12/24) 1.00 4.00 X 0 0 0 RICHARD DEPATIE DIRECTOR (LEFT 12/24) 1.00 4.00 X 0 0 0 DR DAVID REED DIRECTOR (LEFT 12/24) 1.00 4.00 X 0 0 0 DEANNA XISTRIS DIRECTOR (LEFT 12/24) 1.00 4.00 X 0 0 0 DIONNA CARLSON DIRECTOR 1.00 4.00 X 0 0 0 MARK AYEN DIRECTOR (FROM 1/2025) 1.00 4.00 X 0 0 0 MARK DEWAELE DMD DIRECTOR 1.00 4.00 X 0 0 0 ROSE LANARD DIRECTOR 1.00 4.00 X 0 0 0 JANET LANAWAY DIRECTOR 1.00 4.00 X 0 0 0 KESAV NAIR MD DIRECTOR 1.00 4.00 X 0 0 0 CRAIG OLIN MD DIRECTOR 1.00 4.00 X 0 0 0 PAUL REISS DIRECTOR 1.00 4.00 X 0 0 0 MARYNE ROBIN DIRECTOR 1.00 4.00 X 0 0 0 JAIME RUSZKOWSKI MD EX OFICIO DIRECTOR 1.00 4.00 X 0 0 0 JILL SAUTKULIS EX OFICIO DIRECTOR 1.00 4.00 X 0 0 0 RICHARD TOWNSEND DIRECTOR 1.00 4.00 X 0 0 0 PENNY YOUNG DIRECTOR 1.00 4.00 X 0 0 0 RUSSELL BARKSDALE CEO 1.00 43.00 X 0 698719 26896 CHARLES ROSE CFO 1.00 43.00 X 0 289768 26476 CAROL MCDONNELL SMITH VP HOME HEALTH 1.00 43.00 X 0 219994 4236 TERRANCE HENRY CHIEF MARKETING/SALES OFFICE 1.00 43.00 X 0 250017 43752 REBECCA ALBRECHT CHIEF HUMAN RESOURCES OFFICE 1.00 43.00 X 0 239931 14676 0 1698429 116036 0 0 1 0 0 13683 143618 159120 316421 RESIDENT SERVICE REV. 621610 8688642 8688642 OTHER PATIENT REVENUE 623990 4328 4328 8692970 48000 99637 -51637 -51637 -51637 1868 13683 7573 -5705 -5705 8952049 8692970 -51637 -5705 143618 143618 366120 366120 4033084 3200023 833061 494068 378568 115500 317983 232571 85412 127609 127609 98076 28085 69991 26760 26760 80784 6285 74499 48836 48836 620685 591863 28822 3320 3320 1972 1129 843 4152 4152 841952 841952 98924 98924 DIETARY SUPPLIES 1433966 1433966 HOUSEKEEPING SERVICES 618232 618232 ROOM HOLD FEES 62000 62000 NURSING SUPPLIES 54623 54623 89728 48866 38903 1959 9566492 7579781 1984752 1959 500 500 1340388 997512 36734 160375 28225 20037 26301432 17198357 9644119 9103075 898932 995000 11948898 11276499 336267 483035 301906 246931 1087223 1060718 1824258 1701014 3549654 3491698 X 6871519 6569957 1527725 1214844 8399244 7784801 11948898 11276499 -614443 0 X X 0 1 X 1 0 X 1476891 929629 316421 2722941 6120495 6814506 7827530 8214206 8692970 37669707 6120495 6814506 9304421 9143835 9009391 40392648 0 1428594 1490604 2919198 1428594 1490604 2919198 37473450 3320 0 3320 3320 3320 6120495 6814506 9304421 9147155 9009391 40395968 0.92770 0.91500 0.00010 0.00010 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22874492 2794111 858353 40802 24769448 19851855 3751121 687764 40720 22874492 18605467 2012882 732482 34012 19851855 23477729 -4403203 435681 33378 18605467 17223749 4294595 2544534 559822 25327 23477729 0.86262 0.10214 0.03524 0 1 1 308745 308745 20700011 13448022 7251989 654327 550112 104215 3739879 3029714 710165 898470 170509 727961 9103075 RIGHT OF USE ASSET 261124 RESIDENT SECURITY DEPOSITS 733876 995000 RESIDENT SECURITY DEPOSITS 733876 DUE TO AFFILIATES 705370 OPERATING LEASE LIABILITY 261768 1701014 X PART X, LINE 2: THE FOLLOWING IS AN EXCERPT FROM NOTE 1 OF THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS: THE NETWORK AND ITS SUBSIDIARIES HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS NOT-FOR-PROFIT CORPORATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND ARE EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE NETWORK ACCOUNTS FOR UNCERTAINTY IN INCOME TAX POSITIONS BY APPLYING A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2025 AND 2024, THERE ARE NO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE NETWORK IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. AS OF SEPTEMBER 30, 2025 AND 2024, THE NETWORK DID NOT RECORD ANY PENALTIES OR INTEREST ASSOCIATED WITH UNCERTAIN TAX POSITIONS. NETWORK'S PRIOR THREE TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. THERE ARE CURRENTLY NO EXAMINATIONS PENDING OR IN PROGRESS. SCHEDULE D PART V CONTRIBUTIONS IN COLUMN E - THIS REPRESENTS THE BEGINNING BALANCE AS OF 7/1/2021 (DATE OF MERGER) OF THE ENDOWMENT FUND FOR VISITING NURSE & HOSPICE OF FAIRFIELD COUNTY (VNHFC). PART V, LINE 4 THE ENDOWMENT FUNDS ARE INTENDED TO BE UTILIZED TO SUPPORT THE MISSION AND PROGRAMS OF WAVENY LIFECARE NETWORK, INC. AND ITS RELATED SUBSIDIARIES, WAVENY CARE CENTER, INC., WAVENY CARE CENTER HEALTH SERVICES, INC., WAVENY AT HOME, INC., AND VISITING NURSE & HOSPICE OF FAIRFIELD COUNTY, INC. KENTUCKY DERBY 15551 13683 1868 1868 5705 15551 13683 1868 1868 5705 7573 -5705 1 ASSISTANCE FOR MEDICAL CARE 4 143618 PART I, LINE 2: APPLICANTS COMPLETE A REQUEST FOR FINANCIAL ASSISTANCE FORM. APPLICATIONS ARE REVIEWED BY THE CEO, CFO AND INDIVIDUAL PROGRAM DIRECTOR. GRANTS ARE MADE BASED ON FINANCIAL NEED AND ARE LIMITED TO A ONE YEAR PERIOD. AWARDEES ARE PERMITTED TO RE-APPLY EACH YEAR. APPLICATIONS ARE MAINTAINED, AND RECORD OF GRANTS ARE KEPT. 0 0 0 0 0 0 0 0 0 RUSSELL BARKSDALE CEO 0 473719 0 225000 0 0 0 0 0 26896 0 725615 0 0 CHARLES ROSE CFO 0 254130 0 35638 0 0 0 0 0 26476 0 316244 0 0 TERRANCE HENRY CHIEF MARKETING/SALES OFFICE 0 236332 0 13685 0 0 0 0 0 43752 0 293769 0 0 REBECCA ALBRECHT CHIEF HUMAN RESOURCES OFFICE 0 218931 0 21000 0 0 0 0 0 14676 0 254607 0 0 CAROL MCDONNELL SMITH VP HOME HEALTH 0 205331 0 14663 0 0 0 0 0 4236 0 224230 0 0 PART I, LINE 3 THE CEO/EXECUTIVE DIRECTOR OF WAVENY CARE CENTER HEALTH SERVICE, INC. IS PAID BY A RELATED ORGANIZATION, WAVENY CARE CENTER, INC., WHICH USES THE FOLLOWING METHODS TO DETERMINE COMPENSATION: - COMPENSATION COMMITTEE - FORM 990 OF OTHER ORGANIZATIONS - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF WAVENY CARE CENTER HEALTH SERVICES, INC. IS WAVENY LIFECARE NETWORK, INC. FORM 990, PART VI, SECTION A, LINE 7A WAVENY LIFECARE NETWORK, INC., THE SOLE MEMBER OF WAVENY CARE CENTER HEALTH SERVICES, INC. HAS THE RIGHT TO ELECT THE BOARD OF DIRECTORS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B ACCORDING TO ARTICLE II, SECTION 2 OF THE BYLAWS, THE SOLE MEMBER SHALL HAVE THE FOLLOWING RIGHTS, POWERS AND PRIVILEGES: (A) TO APPROVE THE CORPORATION'S ANNUAL OPERATING AND CAPITAL BUDGETS AND ALL FUNDRAISING PROGRAMS PROPOSED TO BE CONDUCTED BY THE CORPORATION; (B) TO APPROVE (I) SIGNIFICANT PROGRAMS AND EXPENDITURES PROPOSED TO BE UNDERTAKEN BY THE CORPORATION, AND (II) PLANS THAT WOULD MATERIALLY AFFECT THE GROWTH AND DEVELOPMENT OF THE CORPORATION, EXCEPT WHERE SUCH ACTION IS ALREADY INCORPORATED IN AN APPROVED OPERATING OR CAPITAL BUDGET OF THE CORPORATION; (C) TO APPROVE THE PURCHASE, SALE, OR OTHER DISPOSITION OF SIGNIFICANT CAPITAL OR OPERATING ASSETS AND THE INCURRING OF ANY INDEBTEDNESS FOR BORROWED MONEY; (D) TO APPROVE SIGNIFICANT AFFILIATION AGREEMENTS, INCLUDING, BUT NOT LIMITED TO, JOINT VENTURE, MANAGEMENT, MERGER AND JOINT PURCHASE AGREEMENTS, BETWEEN AND/OR AMONG THE CORPORATION AND OTHER INSTITUTIONS OR ENTITIES; (E) TO FILL VACANCIES ON THE BOARD OF DIRECTORS; (F) TO APPROVE THE ADOPTION, REPEAL OR AMENDMENT OF THE CERTIFICATE OF INCORPORATION OR BYLAWS OF THE CORPORATION; AND (G) TO ACT ON ANY OTHER MATTERS ON WHICH ACTION BY THE SOLE MEMBER IS REQUIRED OR PERMITTED BY THE CERTIFICATE OF INCORPORATION, THESE BYLAWS, OR BY LAW. FORM 990, PART VI, SECTION B, LINE 11B THE CFO REVIEWS THE 990 WITH THE PREPARER PRIOR TO SENDING TO THE AUDIT COMMITTEE (PART OF THE FINANCE COMMITTEE) FOR REVIEW BEFORE FILING ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, MANAGEMENT REQUIRES BOARD MEMBERS AND KEY EMPLOYEES TO SIGN OFF ON THE CONFLICT OF INTEREST POLICY. COMPLIANCE IS MONITORED BY THE ORGANIZATION'S EXECUTIVE COMMITTEE. IF A CONFLICT OF INTEREST ARISES, THE CONFLICTED BOARD MEMBER WOULD ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC UPON REQUEST. FORM 990 PART VII, SECTION A AND B ALL FORMS W-2 FOR WAVENY ENTITIES HAVE BEEN ISSUED BY WAVENY CARE CENTER, INC A RELATED 501(C)(3) ORGANIZATION. ALL FORMS W-2 FOR VISITING NURSE AND HOSPICE CONTINUE TO BE ISSUED SEPARATELY. TIME WORKED HAS BEEN PROPERLY REPORTED AS EXPENSE BY EACH INDIVIDUAL ENTITY. ALL 1099 FORMS HAVE BEEN ISSUED BY WAVENY CARE CENTER, INC, A RELATED 501(C)(3) ORGANIZATION. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. WAVENY CARE CENTER INC 3 FARM ROAD NEW CANAAN CT 06840 060859588 TO PROVIDE A HEALTH CARE FACILITY, SERVICES, AND ACCOMODATIONS. CT 501(C)(3) LINE 10 WAVENY LIFECARE NETWORK INC 1 WAVENY LIFECARE NETWORK INC 3 FARM ROAD NEW CANAAN CT 06840 061558520 TO SUPPORT, CARRY OUT THE PURPOSE, UPHOLD AND PROMOTE ACTIVITIES OF WCC CT 501(C)(3) LINE 12C, III-FI N/A 0 WAVENY AT HOME INC 3 FARM ROAD NEW CANAAN CT 06840 462756541 TO PROVIDE HOME COMPANION AND HOMEMAKER SERVICES CT 501(C)(3) LINE 10 WAVENY LIFECARE NETWORK INC 1 VISITING NURSE & HOSPICE OF FAIFIELD COUNTY INC 22 DANBURY ROAD WILTON CT 06897 061062903 TO PROVIDE HEALTH SERVICES INCLUDING HOME HEALTH, HOSPICE AND COMM. HEALTH CT 501(C)(3) LINE 10 WAVENY LIFECARE NETWORK INC 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 WAVENY CARE CENTER INC O 927287 COST WAVENY CARE CENTER INC N 3156822 COST WAVENY CARE CENTER INC R 180079 COST WAVENY CARE CENTER INC C 143618 COST