Charity Impact Media

Home › Unclassified

Western Connecticut Health Network Investments Llc

Danbury, CT · EIN 47-5523212 · 501(c)(3) · Supporting organization, Type I
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Western Connecticut Health Network Investments Llc reported $16.4 million in revenue and $826,722 in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 100.0% of the total. The highest compensation it reported for one person was $2,336,530 (CFO AND TREASURER). Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $827K

For context, the median across 2,451 covered unclassified charities: $88.23 programs, $11.72 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $16M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 2,451 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
100.0%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
0.0%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%29.5%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.5%
Program service revenue share
Part VIII 2g ÷ 12
0.0%58.8%
Highest reported compensation
Part VII-A, columns D–F
$2,336,530$302,069
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
282.63%1.38%
People paid over $100,000
Part VII, line 2
06
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
5,876.06.8
Independent voting board members
Part VI 1a–1b
0 of 1100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$827K expenses · 100.0% of program spending

To hold securities, investments and certain other investment assets to benefit, perform the functions of, carry out the purposes of, and uphold, promote and further the welfare, programs, and activities of danbury hospital, danbury hospital & new milford hospital foundation, norwalk hospital association and norwalk hospital foundation

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CFO AND TREASURER
Director/trustee, officer, 0.0 hrs/week
$0$2,147,602$188,928$2,336,530

0 people received more than $100,000 in reportable compensation from Western Connecticut Health Network Investments Llc (Part VII, line 2).

3 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$16M$827K100.0%$405M$2,336,530
FY2024 ⓘ$6.8M$780K100.0%$382M$1,649,792
FY2023 ⓘ$300K$294K100.0%$391M$318,307

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b1 · 0 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50

Correct a figure or respond

Every number above is copied from Western Connecticut Health Network Investments Llc's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Western Connecticut Health Network Investments Llc, you can publish a response that is linked from this page.

Questions people ask

How much of Western Connecticut Health Network Investments Llc's spending goes to programs?

In the fiscal year ending September 30, 2025, Western Connecticut Health Network Investments Llc reported that 100.0% of its $826,722 in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Western Connecticut Health Network Investments Llc pay its top executive?

The largest total compensation Western Connecticut Health Network Investments Llc reported for one person in the fiscal year ending September 30, 2025 was $2,336,530, for the role of CFO AND TREASURER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Western Connecticut Health Network Investments Llc get its money?

Of $16.4 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Western Connecticut Health Network Investments Llc a registered charity?

The IRS lists EIN 47-5523212 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202612269349302756 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202532259349303108 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202422269349302127 · read the filing

All filings for EIN 47-5523212: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.