Overview
What is Pensacola Retirement Village Inc?
Pensacola Retirement Village Inc is a church-affiliated, non-profit organization situated in Orlando, Florida. With a focus on serving older adults, the organization operates a 198-unit facility, providing housing under Section 8 and 202 of the National Housing Act for low-income elderly citizens. They are committed to honoring the dignity, rights, self-respect, and independence of each resident, while also ensuring responsible stewardship of their resources. Their mission involves creating and preserving excellent residential facilities, thereby providing a conducive living environment for this demographic.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (64%)
Pensacola Retirement Village Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The organization scores relatively well in aspects like board independence and policies related to conflict of interest and whistleblowing, reflecting some strong governance practices. However, significant weaknesses are present in financial transparency and reporting, as indicated by a score of zero for financial statements and the absence of necessary documentation on their website.
While the program expense ratio is commendable, suggesting that funds are directed towards their mission, the overall financial health of the organization raises concerns. The liabilities to assets ratio scored zero, indicating potential issues with financial stability. Additionally, the high salaries of key personnel may also prompt questions regarding the allocation of resources within the nonprofit.
In summary, while Pensacola Retirement Village Inc shows promise in governance, the lack of financial transparency and the need for better financial management practices are critical areas that require attention. Stakeholders should consider these factors when evaluating the organization's effectiveness and overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Pensacola Retirement Village Inc legitimate?
Pensacola Retirement Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pensacola 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: $918,466
For more financial information, click here
What is the mission statement of Pensacola Retirement Village Inc?
Pensacola Retirement Village Inc is a church-related, non-profit organization dedicated to providing services for older adults. Their mission is centered around creating and preserving outstanding residential facilities. They strongly believe in and are committed to upholding the dignity, rights, self-respect, and independence of each individual they serve. Furthermore, the organization is dedicated to a program of stewardship, recognizing the responsibility to utilize their resources effectively.
Who is the CEO of Pensacola Retirement Village Inc?
Terence Rogers is the CEO of Pensacola Retirement Village Inc The CEO's salary of Pensacola Retirement Village Inc is $0 and their total compensation is $836,263.
What is the revenue of Pensacola Retirement Village Inc?
Pensacola Retirement Village Inc's revenue in 2024 was $3,969,301.
Who are the executives of Pensacola Retirement Village Inc and what are their salaries?
The average compensation at Pensacola Retirement Village Inc during 2024 was $36,739. There are 25 employees and 12 volunteers at Pensacola Retirement Village Inc.
Here are 7 key members and their salaries (Pensacola Retirement Village Inc's CEO's salary is $0 and their total compensation is $836,263):
- Compensation: $0
- Related: $791,826
- Other: $44,437
- Compensation: $0
- Related: $613,220
- Other: $29,978
- Compensation: $0
- Related: $564,179
- Other: $28,188
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pensacola Retirement Village Inc?
Pensacola Retirement Village Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Pensacola Retirement Village Inc
Pensacola Retirement Village Inc is a church-related, non-profit organization with a strong commitment to serving older adults. Their mission is centered around creating and preserving excellent residential facilities that uphold the dignity, rights, self-respect, and independence of each resident. The organization is dedicated to a program of stewardship, recognizing the responsibility to utilize their resources effectively and thoughtfully. By honoring these core values, Pensacola Retirement Village Inc aims to provide a nurturing environment where older adults can thrive. The organization's approach is grounded in the belief that every individual deserves to live with dignity and respect, fostering a sense of self-worth and independence.
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
July, 2024
Pensacola Retirement Village Inc's impact lies in providing housing for low-income elderly individuals under Section 8 and Section 202 of the National Housing Act. By operating a 198-unit facility, the organization offers a vital service to elderly citizens in need of affordable housing and care. Their commitment to honoring each person's dignity, rights, self-respect, and independence showcases a dedication to improving the quality of life for older adults in the community. Through their stewardship and responsible use of resources, Pensacola Retirement Village Inc plays a significant role in supporting the well-being and security of elderly individuals in Orlando, FL.
This information is meant to be a general summary of Pensacola 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 2024.
- Investment Income: $111,590
- Program Service Revenue: $3,869,303
- Gross Receipts: $3,981,067
Assets and Liabilities:
- Total Assets: $4,591,839
- Total Liabilities: $6,050,916
- Net Assets: -$1,459,077
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.
FEES/CONTRACTS FROM GOV AGENC
Revenue
$2,585,361
NET ROOM RENTAL
Revenue
$1,248,747
OTHER REVENUE
Revenue
$35,195
Organization Details
Founding Year
1978
Principal Officer
Henry T Keith
NTEE Category
Code: A20 - Arts
If you are a representative of Pensacola Retirement Village 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.