Nonprofit · EIN 03-0371612
KEYSTONE INDEMNITY COMPANY LTD
Tax-exempt · BURLINGTON, VT 05401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,814,153 | $6,309,918 | -$4,495,765 | $13,834,363 | $3,661,625 | $10,172,738 |
| September 30, 2024 | 990 | $1,189,603 | $291,644 | $897,959 | $18,850,867 | $3,334,494 | $15,516,373 |
| September 30, 2023 | 990 | $1,352,918 | $274,010 | $1,078,908 | $16,488,638 | $3,768,122 | $12,720,516 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $481,000
- Investment income
- $1,333,153
- Net gain from sales of assets
- $488,143
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $6,067
- Accounting fees
- $31,170
- Program services (functional)
- $207,910
- Management and general (functional)
- $6,102,008
Balance sheet and other
- Total assets, start of year
- $18,850,867
- Total assets, end of year
- $13,834,363
- Total liabilities, end of year
- $3,661,625
- Net assets, end of year
- $10,172,738
- Publicly traded securities
- $7,546,354
- Gross receipts
- $9,214,261
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2001
- State of legal domicile
- CT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JON-PAUL VENOIT PRESIDENT | & CEO, ASSISTANT SECRETARY Officer | 1 | $0 | $769,803 | $86,091 |
| DAVID LAWLOR CFO ASSISTANT | TREASURER (EFFECTIVE 01/01/2025) Officer | 1 | $0 | $796,666 | $32,904 |
| STEVEN D BEAULIEU CFO | ASSISTANT TREASURER (THRU 12/31/24) Officer | 1 | $0 | $195,468 | $65,651 |
| ROBERT F POLITO JR | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHRISTOPHER J EARLE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT J FURCE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| NEWTON BUCKNER | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAY S NICKSE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JON-PAUL VENOIT PRESIDENT | & CEO, ASSISTANT SECRETARY Officer | 1 | $0 | $727,638 | $58,740 |
| STEVEN D BEAULIEU | CFO, ASSISTANT TREASURER Officer | 1 | $0 | $284,036 | $44,115 |
| ROBERT F POLITO JR | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHRISTOPHER J EARLE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT J FURCE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| NEWTON BUCKNER | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SHERWIN M BORSUK MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JON-PAUL VENOIT PRESIDENT | & CEO, ASSISTANT SECRETARY Officer | 1 | $0 | $717,186 | $52,193 |
| STEVEN D BEAULIEU | CFO, ASSISTANT TREASURER Officer | 1 | $0 | $275,148 | $47,278 |
| ROBERT F POLITO JR | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHRISTOPHER J EARLE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT J FURCE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| NEWTON BUCKNER | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SHERWIN M BORSUK MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 159 BANK STREET 4TH FLOOR, BURLINGTON, VT 05401-4479
- In care of
- % STRATEGIC RISK SOLUTIONS
- Principal officer (990 for 2024)
- JON-PAUL VENOIT, 159 BANK STREET 4TH FLOOR, BURLINGTON, VT 05401
- Signed the 990
- DAVID LAWLOR, CFO
- Phone
- (802) 860-1958
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
PROVIDE PROFESSIONAL MEDICAL LIABILITY INSURANCE AND GENERAL LIABILITY INSURANCE FOR MASONICARE CORPORATION AND ITS AFFILIATES.
Program accomplishments
- MASONICARE IS THE LEADING PROVIDER OF HEALTHCARE AND RETIREMENT LIVING FOR SENIORS IN THE STATE OF CONNECTICUT. THROUGH ITS AFFILIATES, MASONICARE PROVIDES CONTINUING CARE RETIREMENT COMMUNITY LIVING, INDEPENDENT LIVING, ASSISTED LIVING, SKILLED NURSING CARE (LONG TERM INCLUDING MEMORY CARE AND SHORTTERM REHABILITATION), ACUTE CARE (PSYCHIATRIC AND HOSPICE), HOME HEALTH AND HOSPICE SERVICES AND ATHOME SERVICES (LIVEIN, PATIENT CARE ATTENDANTS AND HOMEMAKER). KEYSTONE INDEMNITY COMPANY PROVIDES PROFESSIONAL AND GENERAL LIABILITY INSURANCE COVERAGES TO MEMBERS OF THE MASONICARE FAMILY.Expenses $207,910 · revenue $481,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 03-0371612
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2002
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E190)
- Assets (IRS master file)
- $13,834,363
- Income (IRS master file)
- $9,214,261
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,814,153 | $6,309,918 | $13,834,363 | XML |
| 990 | September 2024 | $1,189,603 | $291,644 | $18,850,867 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990 | September 2023 | $1,352,918 | $274,010 | $16,488,638 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990 | September 2022 | $1,253,333 | $218,962 | $19,149,874 | IRS |
| 990-T | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0371612).
Questions about KEYSTONE INDEMNITY COMPANY LTD
- What is the EIN of KEYSTONE INDEMNITY COMPANY LTD?
- The employer identification number (EIN) of KEYSTONE INDEMNITY COMPANY LTD is 03-0371612.
- Is KEYSTONE INDEMNITY COMPANY LTD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to KEYSTONE INDEMNITY COMPANY LTD tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does KEYSTONE INDEMNITY COMPANY LTD file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KEYSTONE INDEMNITY COMPANY LTD due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KEYSTONE INDEMNITY COMPANY LTD last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of KEYSTONE INDEMNITY COMPANY LTD?
- The 990 for the year ended September 30, 2025 names JON-PAUL VENOIT.
- Who are the officers and directors of KEYSTONE INDEMNITY COMPANY LTD?
- The 990 for the year ended September 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does KEYSTONE INDEMNITY COMPANY LTD have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,814,153, expenses of $6,309,918 and total assets of $13,834,363 at year end.
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