Overview
What is Bonita Springs Retirement Village Inc?
Bonita Springs Retirement Village Inc, also known as The Terraces at Bonita Springs, is a nonprofit organization based in Gainesville, Florida. Their mission is to offer high-quality continuing care retirement services to benefit a large segment of senior citizens residing in Bonita Springs and the surrounding areas. The organization, with a workforce of 280 employees, provides essential services, including cleaning, laundry, maintenance, meals, security, and utilities, in residential units. These services aim to enhance the daily lives of approximately 157 individuals, ensuring their well-being and comfort.
Official website here: www.theterracesatbonitasprings.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star Rating)
Bonita Springs Retirement Village Inc has received an 81% rating from Charity Navigator, reflecting its emphasis on accountability and finance. The score is based entirely on the organization's financial practices, which have been rated highly across various metrics. Notably, the organization boasts a fully independent board and has implemented robust policies for conflict of interest and whistleblower protections.
The nonprofit's financial management appears sound, with an impressive program expense ratio of 85.20%, indicating that a significant portion of its funds is allocated directly to its programs. The organization also has a transparent approach, as evidenced by its detailed financial statements and the availability of salary information for key personnel. This level of transparency is critical for fostering trust among donors and stakeholders.
However, the information on executive compensation shows high salaries for key individuals, which could raise questions among some donors regarding the allocation of resources. While the organization excels in governance and financial accountability, prospective supporters may want to consider how these salaries align with their mission and the impact of their contributions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Bonita Springs Retirement Village Inc?
94% of 14 reviewers on Facebook recommend Bonita Springs Retirement Village Inc. Here is a summary of their reviews:
Many reviewers express satisfaction, highlighting that the organization is a valuable addition to the southwest Florida community. There is a noticeable appreciation for the services and support provided, indicating that residents and their families feel welcomed and cared for in this retirement village.
Overall, the strong recommendation rate suggests that Bonita Springs Retirement Village Inc. effectively meets the needs of its residents, fostering a positive environment. Users feel comfortable with the care and offerings available, reflecting well on the nonprofit's commitment to quality living standards.
This AI summary has been generated from reviews found on Facebook.
Is Bonita Springs Retirement Village Inc legitimate?
Bonita Springs Retirement Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bonita Springs Retirement Village Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,403,434
For more financial information, click here
Official website here: www.theterracesatbonitasprings.com
What is the mission statement of Bonita Springs Retirement Village Inc?
Bonita Springs Retirement Village Inc is dedicated to offering top-notch continuing care retirement services to a large population of seniors. Their mission is to provide comprehensive services and facilities that cater to the needs of seniors, enhancing their quality of life. The organization offers essential services including cleaning, laundry, maintenance, meals, security, and utilities in residential units. In 2022, they served approximately 157 individuals daily. The primary focus of Bonita Springs Retirement Village Inc is to ensure that seniors receive the care and support they deserve, enabling them to live comfortably and with dignity.
Official website here: www.theterracesatbonitasprings.com
Who is the CEO of Bonita Springs Retirement Village Inc?
Lawrence G Schreiber is the Chief Executive Officer/Director of Bonita Springs Retirement Village Inc. The CEO's salary of Bonita Springs Retirement Village Inc is $0 and their total compensation is $7,380,821.
Official website here: www.theterracesatbonitasprings.com
What is the revenue of Bonita Springs Retirement Village Inc?
Bonita Springs Retirement Village Inc's revenue in 2022 was $21,147,486.
Official website here: www.theterracesatbonitasprings.com
Who are the executives of Bonita Springs Retirement Village Inc and what are their salaries?
The average compensation at Bonita Springs Retirement Village Inc during 2022 was $30,012. There are 280 employees at Bonita Springs Retirement Village Inc.
Here are 22 key members and their salaries (Bonita Springs Retirement Village Inc's CEO's salary is $0 and their total compensation is $7,380,821):
- Compensation: $0
- Related: $2,028,776
- Other: $5,352,045
- Compensation: $0
- Related: $650,123
- Other: $881,793
- Compensation: $0
- Related: $904,878
- Other: $44,161
- Compensation: $0
- Related: $511,203
- Other: $97,315
- Compensation: $0
- Related: $353,438
- Other: $42,895
- Compensation: $0
- Related: $187,103
- Other: $4,218
- Compensation: $149,200
- Related: $0
- Other: $25,600
- Compensation: $133,923
- Related: $0
- Other: $11,580
- Compensation: $125,112
- Related: $0
- Other: $12,822
- Compensation: $111,607
- Related: $0
- Other: $19,482
- Compensation: $119,718
- Related: $0
- Other: $8,541
- Compensation: $0
- Related: $55,158
- Other: $0
- Compensation: $0
- Related: $45,596
- Other: $0
- Compensation: $0
- Related: $45,269
- Other: $0
- Compensation: $0
- Related: $43,469
- Other: $0
- Compensation: $0
- Related: $43,142
- Other: $0
- Compensation: $0
- Related: $41,996
- Other: $0
- Compensation: $0
- Related: $27,779
- Other: $0
- Compensation: $0
- Related: $27,779
- Other: $0
- Compensation: $0
- Related: $27,779
- Other: $0
- Compensation: $0
- Related: $13,890
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.theterracesatbonitasprings.com
Where can I find the form 990 for Bonita Springs Retirement Village Inc?
Bonita Springs Retirement Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theterracesatbonitasprings.com
Learn more at the official website: www.theterracesatbonitasprings.com
Mission Statement of Bonita Springs Retirement Village Inc
Bonita Springs Retirement Village Inc, a leading retirement service provider, is committed to delivering high-quality continuing care to senior citizens. This mission drives the organization to offer a comprehensive range of services designed to enhance the lives of a significant portion of the senior population.
In their pursuit to benefit the largest possible segment of seniors, Bonita Springs Retirement Village provides essential services including cleaning, laundry, maintenance, meals, security, and utilities within residential units. These offerings ensure that senior residents can focus on their well-being and enjoy their golden years with peace of mind.
The team at Bonita Springs Retirement Village understands that every senior deserves the best possible care and living conditions. By providing a variety of crucial services, the organization strives to create an environment that supports the unique needs of its residents. In fact, approximately 157 individuals were served daily in 2022, reaping the benefits of these thoughtful and dedicated efforts.
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Impact
October, 2024
Bonita Springs Retirement Village Inc plays a pivotal role in enhancing the quality of life for senior citizens in Bonita Springs, Florida, and the surrounding areas. By providing essential services such as cleaning, laundry, maintenance, meals, security, and utilities, the organization ensures that seniors live in a safe and comfortable environment. In 2022, the village served approximately 157 individuals daily, highlighting its significant reach and impact within the community.
The mission of Bonita Springs Retirement Village focuses on delivering high-quality continuing care retirement services, benefiting a broad segment of the senior population. This commitment not only supports the physical needs of residents but also fosters a sense of community and belonging among seniors, promoting their overall well-being and enhancing their quality of life. Through its comprehensive services, Bonita Springs Retirement Village Inc serves as a vital resource for seniors, enabling them to enjoy their retirement years with dignity and support.
This information is meant to be a general summary of Bonita Springs Retirement Village Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $255,900
- Program Service Revenue: $20,837,642
- Gross Receipts: $21,163,667
Assets and Liabilities:
- Total Assets: $104,037,513
- Total Liabilities: $183,161,170
- Net Assets: -$79,123,657
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MONTHLY SERVICE FEES
Revenue
$14,861,638
RESIDENT SERVICES
Revenue
$5,976,004
Organization Details
Founding Year
2008
Phone
(352) 554-8575Principal Officer
Lawrence G Schreiber
Main Address
SANTAFE HEALTHCAREINC PO BOX 749, GAINESVILLE, FL, 326270749
NTEE Category
Code: L22 - Housing
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