Overview
What is Southwest Florida Retirement Center?
Southwest Florida Retirement Center, also known as Village on the Isle, is a nonprofit organization affiliated with the Evangelical Lutheran Church in America, located in Venice, Florida. The center provides independent living apartments and related services to 298 residents in 229 apartments and 8 cottages. Additionally, it offers assisted living apartments and services to 57 residents in 64 apartments. Their mission is to promote individual growth, dignity, and quality of life by offering housing, healthcare, and related services to seniors. With a team of 314 employees, the Southwest Florida Retirement Center aims to meet the human and spiritual needs of its residents, staff, and community.
Official website here: www.villageontheisle.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Southwest Florida Retirement Center has achieved a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The score is derived entirely from its accountability and finance metrics, reflecting a commitment to transparent operations and sound financial management.
Strengths of the organization include a fully independent board composed of 14 members, which contributes to strong governance practices. The charity also demonstrates excellence in financial oversight, with no noted material diversion of assets and a high program expense ratio of 87.94%, suggesting that a significant portion of its resources is directed toward its programs.
However, the organization faces a limitation in its liabilities to assets ratio, scoring 0 out of 15 points. This could indicate potential financial risk or instability, which warrants attention in future assessments. Overall, the Southwest Florida Retirement Center shows considerable strengths in governance and financial practices, but it should continue to monitor its financial ratios for improved sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Southwest Florida Retirement Center legitimate?
Southwest Florida Retirement Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Florida Retirement Center 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: $609,854
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,945,407
For more financial information, click here
Official website here: www.villageontheisle.com
What is the mission statement of Southwest Florida Retirement Center?
The Southwest Florida Retirement Center, affiliated with the Evangelical Lutheran Church in America, is dedicated to promoting individual growth and dignity for seniors. This committed Continuing Care Retirement Community (CCRC) strives to enhance the quality of life and address the human and spiritual needs of its residents, staff, and community. The organization offers independent living apartments and services to 298 residents, as well as assisted living apartments and services for 57 residents. The mission of the Southwest Florida Retirement Center is to share God's love by fostering personal growth and well-being for its residents.
Official website here: www.villageontheisle.com
Who is the CEO of Southwest Florida Retirement Center?
Douglas Feller is the CEO of Southwest Florida Retirement Center The CEO's salary of Southwest Florida Retirement Center is $338,224 and their total compensation is $349,911.
Official website here: www.villageontheisle.com
What is the revenue of Southwest Florida Retirement Center?
Southwest Florida Retirement Center's revenue in 2023 was $36,598,123.
Official website here: www.villageontheisle.com
Who are the executives of Southwest Florida Retirement Center and what are their salaries?
The average compensation at Southwest Florida Retirement Center during 2023 was $35,775. There are 323 employees and 125 volunteers at Southwest Florida Retirement Center.
Here are 20 key members and their salaries (Southwest Florida Retirement Center's CEO's salary is $338,224 and their total compensation is $349,911):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $338,224
- Related: $0
- Other: $11,687
- Compensation: $248,669
- Related: $0
- Other: $11,273
- Compensation: $175,483
- Related: $0
- Other: $9,684
- Compensation: $160,137
- Related: $0
- Other: $9,974
- Compensation: $146,522
- Related: $0
- Other: $8,841
- Compensation: $135,209
- Related: $0
- Other: $11,495
- Compensation: $129,341
- Related: $0
- Other: $9,744
Official website here: www.villageontheisle.com
Where can I find the form 990 for Southwest Florida Retirement Center?
Southwest Florida Retirement Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.villageontheisle.com
Learn more at the official website: www.villageontheisle.com
Mission Statement of Southwest Florida Retirement Center
Southwest Florida Retirement Center, an affiliate of the Evangelical Lutheran Church in America, is a Continuing Care Retirement Community (CCRC) dedicated to promoting individual growth and dignity, enhancing quality of life, and addressing the human and spiritual needs of its residents, staff, and community. The mission of the Southwest Florida Retirement Center is rooted in sharing God's love, as expressed in its commitment to providing housing, healthcare, and related services to seniors.
The organization's residential offerings cater to 298 residents, with 229 apartments and cottages available for independent living. In addition, the Southwest Florida Retirement Center provides assisted living apartments and services for 57 residents in 64 apartments. In implementing its mission, the Southwest Florida Retirement Center prioritizes the well-being of its residents, offering a range of services that aim to meet their needs holistically. These services extend beyond the physical realm, encompassing spiritual care and individual growth opportunities. By fostering an environment that promotes dignity, the Southwest Florida Retirement Center creates a sense of community and connection among its residents, providing a welcoming and nurturing space for seniors to thrive and grow in their later years.
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Impact
October, 2024
Southwest Florida Retirement Center plays a vital role in enhancing the lives of seniors in Venice, Florida, by providing essential housing and healthcare services. At the center, residents have access to a range of living arrangements, including independent living apartments, assisted living options, and cozy cottages, ensuring that they can choose the best fit for their needs.
The center fosters a strong sense of community with 298 residents living in 229 apartments and 8 cottages. This vibrant environment promotes social connection and engagement among seniors, which is crucial for their overall well-being. Additionally, the center is dedicated to promoting health and wellness through various programs that cater to physical, emotional, and spiritual needs.
Affiliated with the Evangelical Lutheran Church in America, Southwest Florida Retirement Center emphasizes individual growth and dignity, aligning its services with a mission that underscores compassion and care. The center not only meets the healthcare requirements of its residents but also addresses their human and spiritual needs, contributing significantly to their quality of life.
Overall, the impact of Southwest Florida Retirement Center extends beyond mere provision of services; it creates a nurturing environment that supports seniors in living fulfilling and dignified lives.
This information is meant to be a general summary of Southwest Florida Retirement Center. 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 2023.
- Investment Income: $1,252,772
- Program Service Revenue: $30,206,874
- Gross Receipts: $46,187,684
Assets and Liabilities:
- Total Assets: $162,812,326
- Total Liabilities: $158,627,716
- Net Assets: $4,184,610
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE FEES
Revenue
$15,226,367
HEALTHCARE SERVICE
Revenue
$7,537,054
AMORTIZATION OF ENTRANCE FEES
Revenue
$6,832,492
HOSPICE LEASE REVENUE
Revenue
$610,961
Organization Details
Founding Year
1979
Principal Officer
Douglas Feller
Website
www.villageontheisle.comNTEE Category
Code: P750 - Human services
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