Overview
What is Palm Shores Retirement Community Inc?
Palm Shores Retirement Community Inc is a church-related, non-profit organization based in Orlando, Florida, at 80 W Lucerne Circle, ZIP code 32801. They are dedicated to serving older adults and individuals with special needs by creating and preserving an exceptional residential and healthcare community. This organization promotes wellness and encourages active and healthy lifestyle choices. Palm Shores Retirement Community, Inc. values and honors the dignity, rights, self-respect, and independence of each person. Committed to stewardship, they aim to use their resources responsibly while providing housing, dining, and various services to 233 clients.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
Palm Shores Retirement Community Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial practices. The organization scored 66% overall, with an emphasis on its Accountability & Finance metrics, which form the basis of this rating. While it has strong scores in areas such as financial statements oversight and program expense ratio, there are significant weaknesses in board independence and transparency, notably in how it manages its board and posts financial documents online.
The organization has room for improvement, particularly in governance and providing access to its financial information. The lack of independent board members and the absence of a publicly accessible tax form on their website are particularly notable drawbacks. These issues could raise questions about oversight and the overall management structure of the nonprofit, which are important for donor confidence and organizational integrity.
Despite these limitations, Palm Shores exhibits commitment in other areas, such as maintaining important policies for conflict of interest, whistleblower protections, and document retention. These aspects suggest a foundational level of accountability; however, without addressing the highlighted governance issues, the organization may struggle to enhance its reputation and attract greater support from the community and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Palm Shores Retirement Community Inc legitimate?
Palm Shores Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Shores Retirement Community 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: $5,298,446
For more financial information, click here
What is the mission statement of Palm Shores Retirement Community Inc?
Palm Shores Retirement Community Inc is a church-related, non-profit organization that is fully committed to offering services for older adults and individuals with special needs. They strive to create and maintain an exceptional residential and healthcare community that prioritizes wellness and encourages active and healthy lifestyle choices. The community places great importance on upholding the dignity, rights, self-respect, and independence of each person. Palm Shores Retirement Community Inc also recognizes its responsibility to use its resources wisely as part of a stewardship program.
Who is the CEO of Palm Shores Retirement Community Inc?
Henry T Keith is the Exec Vp/Assi of Palm Shores Retirement Community Inc.
What is the revenue of Palm Shores Retirement Community Inc?
Palm Shores Retirement Community Inc's revenue in 2022 was $16,521,390.
Who are the executives of Palm Shores Retirement Community Inc and what are their salaries?
The average compensation at Palm Shores Retirement Community Inc during 2022 was $31,727. There are 167 employees and 150 volunteers at Palm Shores Retirement Community Inc.
Here are 16 key members and their salaries:
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- Related: $627,004
- Other: $12,206
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- Related: $531,910
- Other: $14,869
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- Compensation: $147,360
- Related: $0
- Other: $9,419
- Compensation: $134,757
- Related: $0
- Other: $8,807
Where can I find the form 990 for Palm Shores Retirement Community Inc?
Palm Shores Retirement Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Palm Shores Retirement Community Inc
Palm Shores Retirement Community, Inc. is a church-related, non-profit organization dedicated to serving older adults and individuals with special needs. Their mission is to create and preserve an excellent residential and healthcare community, promoting wellness and encouraging active and healthy lifestyle choices. The organization places great importance on honoring each person's dignity, rights, self-respect, and independence. Palm Shores Retirement Community, Inc. is committed to stewardship, recognizing its responsibility to use its resources wisely in providing essential services for its residents.
By fostering a vibrant living environment, Palm Shores Retirement Community, Inc. goes above and beyond to cater to the unique needs of older adults and those with special requirements. The community prioritizes the well-being of its residents, focusing not only on their physical health but also on their emotional and social well-being. The team at Palm Shores Retirement Community, Inc. is deeply invested in ensuring every resident feels respected, valued, and empowered to live their best life.
In pursuit of this goal, Palm Shores Retirement Community, Inc. offers a range of services and amenities designed to promote an active, healthy, and engaging lifestyle. From social activities and fitness programs to nutritious meal options and healthcare services, the organization provides a comprehensive suite of offerings tailored to meet the diverse needs of its residents. By continually striving for excellence and maintaining a strong commitment to its mission, Palm Shores Retirement Community, Inc. remains a beacon of hope and support for older adults and individuals with special needs.
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Impact
October, 2024
Palm Shores Retirement Community Inc significantly impacts the lives of older adults and individuals with special needs in the Orlando area by providing a supportive and nurturing environment. This community offers essential services including housing, dining, and health care, ensuring that residents receive comprehensive care tailored to their unique needs.
The organization prioritizes the dignity, rights, and independence of each resident, fostering a atmosphere where individuals feel respected and valued. By promoting wellness and encouraging active, healthy lifestyle choices, Palm Shores enhances the quality of life for its clients, helping them maintain their physical and mental well-being.
With a commitment to stewardship, Palm Shores efficiently utilizes its resources to create and maintain an excellent residential and health care community. Serving 233 clients, the organization not only meets basic needs but also cultivates a vibrant community where older adults can thrive, engage socially, and feel connected. This holistic approach to care forms a critical support system for its residents, ultimately contributing to their overall happiness and satisfaction.
This information is meant to be a general summary of Palm Shores Retirement Community 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: $623,545
- Program Service Revenue: $15,874,302
- Gross Receipts: $19,482,334
Assets and Liabilities:
- Total Assets: $37,421,751
- Total Liabilities: $25,044,669
- Net Assets: $12,377,082
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MONTHLY FEES
Revenue
$13,301,614
EARNED ENTRANCE FEE
Revenue
$2,462,720
OTHER
Revenue
$109,968
Organization Details
Founding Year
2001
Phone
(407) 839-5050Principal Officer
Henry T Keith
Main Address
80 W LUCERNE CIRCLE, ORLANDO, FL, 32801
NTEE Category
Code: L22 - Housing
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