Connecticut Health System Inc

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

1 person listed

Gerald Boisvert (SVP, Financial Operations): $1,087,580 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Coordination of Health Care Delivery

Connecticut Health System, Inc (CHS) was a dormant entity. It was dissolved by the State of Connecticut on January 24, 2024.

Revenue model: No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model: No current program activity. The filing reports no program spending for the current year.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 71.4%; rating input score 71; 0th percentile among comparable filings
Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: Limited
Governance controls: 0 of 8 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail

Program expense growth: -50% per year; rating input score 0; 6th percentile among comparable filings
Revenue growth: -26.8% per year; rating input score 0; 16th percentile among comparable filings
Asset growth: -28% per year; rating input score 0; 5th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 0 of 8 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $1.1M · 1 people listed · 0 of 6 pay-setting controls reported
Consistency: 8 of 10 current checks pass · 2 findings to review
Schedules: 5 filed schedules · includes executive pay
Filing history: 15 filing years from 2009 to 2023
Contacts: How to reach this organization
Related organizations: 59 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.

Signals prioritize questions for review. They are not findings of misconduct.

High — Accountability: Governance controls: 7 of 7 not reported.
High — Transparency & Controls: Pay-setting controls scored 0/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
High — Growth: Asset growth scored 0/100.