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Federation Ccrc Operations Corp

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272296079 ✦ Boca raton, FL ✦ Designated as a 501(c)(3)

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Overview

What is Federation Ccrc Operations Corp?

Federation Ccrc Operations Corp is a nonprofit organization based in Boca Raton, Florida, with a workforce of 476 employees. They were established to oversee the operations of Sinai Residences of Boca Raton, a continuing care retirement community. The organization's mission extends beyond the local Jewish community in South Palm Beach County, as they aim to sustain and support Jewish people worldwide. The Federation Ccrc Operations Corp not only contributes to the welfare of the Jewish community but also focuses on creating a Jewish future.


Official website here: www.jewishboca.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Federation Ccrc Operations Corp received a Three-Star rating from Charity Navigator, indicating solid performance in its accountability and financial management. The organization demonstrated a strong commitment to transparency and governance, as evidenced by its perfect scores in several governance categories, such as having a majority of independent board members and establishing comprehensive policies for conflict of interest and whistleblower protections.

The charity's financial health is reflected in its program expense ratio of 79.44%, showing that a significant portion of its funds is directed toward its mission-related programs. The organization also has an effective audit and oversight committee, which contributes to its overall accountability. These strengths suggest that the nonprofit is well-managed and adheres to best practices in financial stewardship.

However, while the charity scores well in accountability and finance, it is essential for stakeholders to continuously monitor its performance over time. The reliance on a single beacon score means that its rating may not capture all aspects of its operations. Hence, potential donors and supporters should consider both the strengths and limitations when evaluating their engagement with the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Federation Ccrc Operations Corp legitimate?

Federation Ccrc Operations Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federation Ccrc Operations Corp 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: $11,991,690

For more financial information, click here


Official website here: www.jewishboca.org

What is the mission statement of Federation Ccrc Operations Corp?

The Federation Ccrc Operations Corp is dedicated to enhancing the well-being of the Jewish community, both locally and globally. Their mission is to preserve and strengthen the Jewish community, ensuring a vibrant future for Jewish people around the world. Through their operations, they strive to support Jewish communities and individuals, promoting sustainable growth and development. The organization's focus extends beyond their local community, as they aim to make a difference in the lives of Jewish people worldwide. This commitment is reflected in their mission to create a resilient and thriving Jewish future.


Official website here: www.jewishboca.org

Who is the CEO of Federation Ccrc Operations Corp?

Mel Lowell is the Secretary & Asst Treasurer of Federation Ccrc Operations Corp.


Official website here: www.jewishboca.org

What is the revenue of Federation Ccrc Operations Corp?

Federation Ccrc Operations Corp's revenue in 2022 was $34,610,476.


Official website here: www.jewishboca.org

Who are the executives of Federation Ccrc Operations Corp and what are their salaries?

The average compensation at Federation Ccrc Operations Corp during 2022 was $25,193. There are 476 employees at Federation Ccrc Operations Corp.


Here are 6 key members and their salaries:


Authur Goldberg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Podolsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Galpern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mel Lowell (Secretary & Asst Treasurer)
  • Compensation: $0
  • Related: $410,951
  • Other: $10,631
Wes Finch (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Levin (President)
  • Compensation: $0
  • Related: $516,203
  • Other: $43,918


Official website here: www.jewishboca.org

Where can I find the form 990 for Federation Ccrc Operations Corp?

Federation Ccrc Operations Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jewishboca.org

Learn more at the official website: www.jewishboca.org

Mission Statement of Federation Ccrc Operations Corp

Federation Ccrc Operations Corp, a notable organization, is dedicated to enhancing the well-being of the Jewish community, both locally and globally. Its mission extends beyond the borders of South Palm Beach County, aiming to create a vibrant Jewish future and provide support to Jewish people around the world.

The organization was initially established to oversee the operations of Sinai Residences of Boca Raton, a Continuing Care Retirement Community. However, its scope of work goes beyond the management of this specific community. Federation Ccrc Operations Corp takes a holistic approach to community development, focusing on the overall sustainability and growth of the Jewish community. It strives to foster a strong and thriving community, both now and in the future, ensuring the Jewish people continue to make a significant impact in the world.

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Impact




October, 2024

Federation Ccrc Operations Corp plays a significant role in enhancing the welfare of the Jewish community in South Palm Beach County and beyond. By running the operations of Sinai Residences of Boca Raton, a continuing care retirement community, it provides essential housing and care services to Jewish seniors. This strategic focus not only addresses the immediate needs of the elderly but also fosters a sense of community and belonging among residents.

The organization’s mission to sustain the Jewish community locally and globally contributes to the preservation of cultural and religious values, creating a supportive environment for Jewish individuals. Through its activities, Federation Ccrc Operations Corp facilitates connections within the community and ensures that heritage and traditions are upheld for future generations. The impact extends beyond housing, as it actively supports the well-being and development of a vibrant Jewish future.




This information is meant to be a general summary of Federation Ccrc Operations Corp. 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.

Revenue
$34,610,476 (2022)
Expenses
$52,742,577 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $243,895
  • Program Service Revenue: $32,186,818
  • Gross Receipts: $43,704,546

Assets and Liabilities:

  • Total Assets: $432,391,064
  • Total Liabilities: $511,748,170
  • Net Assets: -$79,357,106

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENTIAL SERVICES

Revenue

$29,211,093

AMORTIZATION OF DEFERRED ENTRANCE

Revenue

$2,975,725

Organization Details

Founding Year

2010

Principal Officer

Mel Lowell

Main Address

9901 DONNA KLEIN BOULEVARD, BOCA RATON, FL, 334281788

NTEE Category

Code: L22 - Housing

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