Community Health Network of Connecticut Inc
Nonprofit profile at a glance
- EIN
- 061429341
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Wallingford, CT, USA
- Phone
- 2039494000
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $84,061,257
- Expenses
- $84,264,945
- Assets
- $56,631,385
- Liabilities
- $17,784,724
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- SYLVIA B KELLY (PRESIDENT, CEO & VICE CHAIR)
Highest reported compensation
- SYLVIA B KELLY (PRESIDENT, CEO & VICE CHAIR): $696,495 total reported compensation
- LAWRENCE MAGRAS (SR. VP FOR POP HEALTH & CMO): $567,229 total reported compensation
- IBRAHIM BENITEZ (SR. VP AND CFO): $507,322 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization improves the health of the residents of Connecticut and promotes the availability of high-quality, comprehensive, cost-effective health care services to a charitable population of over 940,000 Connecticut residents.
What it reported doing in 2024
Connecticut medicaid medical administrative services program: through its medicaid medical administrative services program, chnct provides medical administrative services to over 940,000 underserved and vulnerable members of Connecticut's medicaid population who participate in the Connecticut department of social services' husky health program. This program promotes and improves the health of members of Connecticut's most vulnerable and underserved populations. Through this program, chnct provides a comprehensive array of services in managing chronic conditions, promoting well care/prevention, providing direct support to individuals and families and providers, and integrating and analyzing data from multiple sources.key objectives of this program include: improving quality of care and health care outcome for individuals served by Connecticut's medicaid program while driving down the cost of care through better management of service utilization; providing uninterrupted and seamless services to members of Connecticut's medicaid population and the network of health care providers who serve such population; andderiving intelligence from our comprehensive repository of claims and clinical information to optimally manage medical expenses and utilization.chnct is dedicated to serving members of this vulnerable and underserved population with their desire to improve health outcomes, develop medical self-management skills and improve medication management.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 82
- Accountability: 90
- Sustainability: 27
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.9%; rating input score 97
- Program expense ratio: 97.7%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 31st percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.2%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 0.67; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 6.7%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 0.8% per year; rating input score 100; 10th percentile among comparable filings
- Revenue growth: -15.9% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: -6.2% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 96.9% of revenue deployed · 97.7% of spending went to programs
- Governance: 5 of 6 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $82.3M in reported program spending
- Leadership: top reported pay $696K · 21 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.6M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes grants and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 25 filed money-flow records
- Related organizations: 8 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 26/100.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.