Overview
What is Florida Presbyterian Homes Inc?
Florida Presbyterian Homes Inc is a nonprofit organization based in Lakeland, Florida, with a total workforce of 262 employees. They specialize in providing housing, healthcare, and related services to senior adults. The community, sponsored by the Synod of South Atlantic of the Presbyterian Church, offers 115 independent living homes, 62 apartments, 42 assisted living apartments, and a 68-bed skilled nursing facility. Florida Presbyterian Homes functions under the "continuing care" concept, where residents enter into an occupancy agreement that requires a one-time entrance fee and a monthly service fee, granting them access to the community's services and facilities for life. Their mission is to serve older adults from all faiths with holistic, compassionate care, helping them maintain independence and improve overall wellness.
Official website here: www.fphi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Florida Presbyterian Homes Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The score is derived entirely from their Accountability & Finance metrics, emphasizing their transparent operations and responsible management of resources.
The organization excels in various areas, notably maintaining a fully independent board and ensuring effective oversight through an Audit and Oversight Committee. Their policies on conflicts of interest, whistleblower protection, and document retention are all well-established, contributing to their high accountability score. Additionally, they allocate a significant portion of their budget to program expenses, indicating a focus on their mission-driven activities.
However, while the organization demonstrates strong financial practices, the liabilities to assets ratio of 54.43% suggests a moderate level of financial risk that potential donors may want to consider. Overall, Florida Presbyterian Homes Inc presents a solid case for support, highlighted by their transparency and dedication to responsible governance.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Presbyterian Homes Inc legitimate?
Florida Presbyterian Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Presbyterian Homes 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: $381,838
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,317,474
For more financial information, click here
Official website here: www.fphi.org
What is the mission statement of Florida Presbyterian Homes Inc?
Florida Presbyterian Homes Inc is a non-profit organization dedicated to serving older adults from all faiths with holistic, compassionate care and support, helping them maintain independence and strive for greater wellness. The community, sponsored by the Synod of South Atlantic of the Presbyterian Church, offers housing, healthcare, and related services. It comprises 115 independent living homes, 62 apartments, 42 assisted living apartments, and a 68-bed skilled nursing facility. Florida Presbyterian Homes Inc operates under the continuing care concept, where residents enter into an occupancy agreement, paying a one-time entrance fee and a monthly service fee, which grants them lifelong use and privileges of the community, including nursing services within the organization's skilled nursing facility. The occupancy agreement, however, does not entitle residents to an interest in the real estate owned by the organization.
Official website here: www.fphi.org
Who is the CEO of Florida Presbyterian Homes Inc?
Elena Nicholas is the Principal Officer of Florida Presbyterian Homes Inc. The CEO's salary of Florida Presbyterian Homes Inc is $171,481 and their total compensation is $203,655.
Official website here: www.fphi.org
What is the revenue of Florida Presbyterian Homes Inc?
Florida Presbyterian Homes Inc's revenue in 2022 was $15,059,178.
Official website here: www.fphi.org
Who are the executives of Florida Presbyterian Homes Inc and what are their salaries?
The average compensation at Florida Presbyterian Homes Inc during 2022 was $21,753. There are 262 employees and 15 volunteers at Florida Presbyterian Homes Inc.
Here are 18 key members and their salaries (Florida Presbyterian Homes Inc's CEO's salary is $171,481 and their total compensation is $203,655):
- Compensation: $171,481
- Related: $0
- Other: $32,174
- Compensation: $156,203
- Related: $0
- Other: $21,980
- Compensation: $120,164
- Related: $0
- Other: $20,999
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fphi.org
Where can I find the form 990 for Florida Presbyterian Homes Inc?
Florida Presbyterian Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fphi.org
Learn more at the official website: www.fphi.org
Mission Statement of Florida Presbyterian Homes Inc
Florida Presbyterian Homes Inc, a nonprofit organization, is dedicated to serving older adults from all faiths with holistic, compassionate care and support in maintaining independence and achieving greater wellness. This community, sponsored by the Synod of South Atlantic of the Presbyterian Church, offers a range of living options including independent living homes, apartments, assisted living apartments, and a skilled nursing facility. The mission of Florida Presbyterian Homes Inc goes beyond just providing housing; it is a ministry that focuses on the overall well-being of its residents.
With 115 independent living homes, 62 apartments, 42 assisted living apartments, and a 68-bed skilled nursing facility, the organization is equipped to cater to the diverse needs of older adults. Florida Presbyterian Homes Inc operates under the continuing care concept, where residents enter into an occupancy agreement that requires a one-time entrance fee and a monthly service fee. In return, they are entitled to use and enjoy the community's services and facilities for life, including nursing services in the organization's skilled nursing facility. It's important to note that the occupancy agreement does not grant residents an interest in the real estate owned by the organization.
Florida Presbyterian Homes Inc's mission is to ensure that older adults from all faiths receive the care and support they need to thrive. By offering a variety of living arrangements and comprehensive services, this organization is making a significant difference in the lives of its residents. Each day, Florida Presbyterian Homes Inc strives to create an environment that fosters independence, personal growth, and overall well-being for its residents.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Florida Presbyterian Homes Inc significantly impacts the lives of older adults by providing comprehensive housing, healthcare, and related services tailored to promote independence and enhance overall wellness. The organization operates a life plan community in Lakeland, Florida, which includes a variety of living arrangements: 115 independent living homes, 62 apartments, 42 assisted living apartments, and a 68-bed skilled nursing facility.
By offering a continuum of care, Florida Presbyterian Homes ensures that residents have access to necessary medical services and support as their needs change over time. This holistic approach not only fosters a safe and secure living environment but also emphasizes compassionate care that respects the diverse backgrounds and faiths of its residents.
The organization’s focus on maintaining independence means residents can live life to the fullest while knowing that assistance is available when needed, supporting both physical and mental wellness. Florida Presbyterian Homes enriches the community by promoting dignity, respect, and fulfilling relationships among its residents, ultimately enhancing the quality of life for older adults in the area.
This information is meant to be a general summary of Florida Presbyterian Homes 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: $745,988
- Program Service Revenue: $13,760,847
- Gross Receipts: $22,848,488
Assets and Liabilities:
- Total Assets: $55,952,183
- Total Liabilities: $30,458,152
- Net Assets: $25,494,031
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH CENTER REVENUES
Revenue
$5,098,902
INDEPENDENT LIVING SERVICES
Revenue
$3,901,569
EARNED ENTRANCE FEES
Revenue
$2,741,752
ASSISTED LIVING SERVICES
Revenue
$2,013,064
ANCILLARY SERVICES
Revenue
$5,560
Organization Details
Founding Year
1955
Phone
(863) 688-5521Principal Officer
Elena Nicholas
Main Address
16 LAKE HUNTER DRIVE, LAKELAND, FL, 33803
Website
www.fphi.orgNTEE Category
Code: P750 - Human services
If you are a representative of Florida Presbyterian Homes Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.