Skip to content
ProPublica Donate
ProPublica Donate

Healthyct Inc

  • Wallingford, CT
  • Tax-exempt since Jan. 2013
  • EIN: 45-3366866

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a Qualified health insurance issuers that have received a loan or grant under the CO-OP program.

Category: Mutual/Membership Benefit Organizations, Other / Insurance Providers, Services (NTEE)

Summary charts: organization finances over time

Revenue
$5.06M (2017)

Expenses
$39.4M (2017)

Total Assets
$15.3M (2017)

Total Liabilities
$17.4M (2017)

Source: Form 990 tax filings from 2011 to 2017

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,063,060
Expenses
$39,350,061
Net Income
-$34,287,001
Net Assets
-$2,127,865
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,798,995
35.5%
Investment Income $76,446
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,187,619
63.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $380,544
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,332,965
3.4%
Assets/Debt
Total Assets $15,305,926
Total Liabilities $17,433,791
Net Assets -$2,127,865
Compensation
Key Employees and Officers Compensation Related Other
Christopher Mf Masi (Chief Financial Officer) $332,125 $0 $48,419
Tracy Corraro (V.P. Financial Operations) $271,487 $0 $43,869
Scott Doucette (Manager Of It Application Development And Data Sol) $169,957 $0 $9,584

Document Links

990
Filed on Nov. 14, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$245,750,466
Expenses
$263,048,260
Net Income
-$17,297,794
Net Assets
-$10,998,205
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $220,240,346
89.6%
Investment Income $436,284
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $180,793
0.1%
Net Inventory Sales $0
Other Revenue $24,893,043
10.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,026,196
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $5,721,455
2.2%
Assets/Debt
Total Assets $24,159,210
Total Liabilities $35,157,415
Net Assets -$10,998,205
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Kenneth R Lalimethru 122016 (Chief Executive Officer) $431,969 $0 $42,221
Dr Russell J Munson (Chief Medical Officer) $314,230 $0 $31,740
Maryann H Gaynor (Senior Vp Of Healthcare Operations) $247,832 $0 $38,090
Christopher Mf Masi (Chief Financial Officer) $241,657 $0 $41,899
Barbara Vernon (Vp Sales) $217,634 $0 $14,250
Tracy Corraro (Vp Financial Operations) $195,200 $0 $38,708
Nancie Guillet (Sales Manager) $173,531 $0 $26,600
Kim Davaney (Vp Pharmacy) $167,078 $0 $30,066
David S Katz (President (Thru Oct. 2016)) $500 $0 $0
Stephen J Salzer (Treasurer (Thru Oct. 2016)) $0 $0 $0
Ellen C Skinner (Director (Thru Oct. 2016)) $0 $0 $0
Nancy C Yedlin (Director (Thru Oct. 2016)) $0 $0 $0
Dawn G Holcomb (Director (Thru Oct. 2016)) $0 $0 $0
Alexander Delucia (Director (Thru Oct. 2016)) $0 $0 $0
Matthew R Bauer (Director (Thru Oct. 2016)) $0 $0 $0
James B Stirling (Director (Thru Oct. 2016)) $0 $0 $0
Joyce M Barcley (Director (Thru Oct. 2016)) $0 $0 $0
Heather I Latorra (Director (Thru Oct. 2016)) $0 $0 $0
Nick A Moalli (Director (Thru Oct. 2016)) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 14, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$192,424,702
Expenses
$225,086,571
Net Income
-$32,661,869
Net Assets
$36,127,345
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $176,393,145
91.7%
Investment Income $535,949
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $32,525
0.0%
Net Inventory Sales $0
Other Revenue $15,463,083
8.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $974,223
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $6,441,913
2.9%
Assets/Debt
Total Assets $113,422,074
Total Liabilities $77,294,729
Net Assets $36,127,345

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,497,165
Expenses
$52,504,018
Net Income
-$28,006,853
Net Assets
$58,216,952
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $22,637,954
92.4%
Investment Income $74,354
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,784,857
7.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $866,334
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $5,022,673
9.6%
Assets/Debt
Total Assets $103,227,672
Total Liabilities $45,010,720
Net Assets $58,216,952

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,259
Expenses
$12,527,778
Net Income
-$12,497,519
Net Assets
$13,652,351
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $30,259
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,082,862
8.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,235,867
17.8%
Assets/Debt
Total Assets $37,035,841
Total Liabilities $23,383,490
Net Assets $13,652,351

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$32,551
Expenses
$5,015,666
Net Income
-$4,983,115
Net Assets
-$5,478,696
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,238
92.9%
Program Services $0
Investment Income $2,313
7.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,716,086
Total Liabilities $8,194,782
Net Assets -$5,478,696

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,188
Expenses
$196,824
Net Income
-$172,636
Net Assets
-$172,636
Notable Sources of Revenue Percent of Total Revenue
Contributions $24,188
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,029
Total Liabilities $179,665
Net Assets -$172,636

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us

About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated