Executive Director

MARY WADE HOMENew Haven, CT
Onsite

About The Position

Founded in 1866, Mary Wade is a mission-driven, nonprofit organization dedicated to enriching the lives of older adults through compassionate care, innovative services, and community engagement. Mary Wade's services include skilled nursing care, assisted living, memory care, adult day services, affordable senior housing, home and community-based services, and other supportive programs that enable older adults to thrive in the setting most appropriate to their needs. Mary Wade generates approximately $23 million in annual revenue and maintains total assets of roughly $60 million, including approximately $10 million of endowment assets. The organization employs approximately 338 people (about 237 FTEs) dedicated to supporting seniors with dignity, independence and compassion. Through its longstanding commitment to quality care and mission driven service, Mary Wade has established a strong reputation throughout the Greater New Haven community. Leadership remains focused on ensuring long term financial sustainability while continuing to enhance and expand services for residents. The organization operates within a collaborative environment that emphasizes mission alignment, operational excellence and responsible stewardship of financial resources. This position is based on site in New Haven and operates in a five day per week office environment.

Requirements

  • At least fifteen years of progressive senior leadership experience within senior living, healthcare, assisted living, skilled nursing and/or nonprofit organizations.
  • Proven ability to successfully lead complex organizations while balancing operational excellence, financial stewardship and mission fulfillment.
  • Meaningful experience integrating operations across multiple business units, care settings or service lines.
  • Track record of driving organizational efficiencies and revenue growth.
  • Experience working directly with Boards of Directors/Trustees.
  • Experience cultivating donor relationships and leading fundraising initiatives.
  • Strong community engagement skills and the ability to serve as an effective ambassador for the organization.
  • Experience working with state and regulatory agencies.
  • Familiarity with bond financing, capital planning and endowment oversight.
  • Must be an engaging, highly personable and collaborative leader who can inspire confidence among residents, families, employees, community stakeholders and Board members while fostering a culture of accountability, compassion and excellence.

Nice To Haves

  • A Connecticut Nursing Home Administrator license is preferred.

Responsibilities

  • Develop and execute a strategic plan to better integrate the skilled nursing and assisted living operations while enhancing organizational effectiveness.
  • Drive occupancy growth and revenue enhancement initiatives across all service lines.
  • Partner with the Board of Trustees to establish and execute long-term strategic objectives.
  • Provide leadership and oversight for all operational, financial and clinical functions of the organization.
  • Foster a culture of accountability, transparency, innovation, collaboration, and continuous improvement.
  • Develop and strengthen relationships with residents, families, donors, community organizations and other key stakeholders.
  • Lead fundraising initiatives and support the continued growth of philanthropic resources.
  • Ensure compliance with all federal, state and local regulatory requirements.
  • Maintain productive relationships with state agencies and regulatory bodies.
  • Oversee capital planning initiatives and matters related to financing, debt and bond obligations.
  • Safeguard the organization's financial health through sound budgeting, forecasting and resource allocation practices.
  • Support and develop a high-performing leadership team while ensuring succession planning and organizational continuity.
  • Identify opportunities to improve operational efficiency while maintaining exceptional quality of care.
  • Represent the organization within the community and serve as a visible ambassador for its mission and values.

Benefits

  • Competitive compensation
  • Comprehensive benefits package
  • Approximately seven weeks of paid time off
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