Overview
What is Life Care Ponte Vedra Inc?
Life Care Ponte Vedra Inc, also known as Vicar's Landing, is a not-for-profit corporation based in Ponte Vedra Beach, Florida. They operate two retirement communities, Vicar's Landing at Sawgrass and Vicar's Landing at Oak Bridge, providing housing, healthcare, and related services to senior adults. Vicar's Landing at Sawgrass, established in 1987, houses 227 independent residential units, 38 assisted living units, and a 60-bed skilled nursing center. Vicar's Landing at Oak Bridge, which started in 2022, will eventually consist of 172 independent living units, assisted living/memory care units, and common areas on a 42-acre parcel of land. The organization is managed by Life Care Pastoral Services, Inc., which also provides management, operational, and administrative services for the organization. The mission of Life Care Ponte Vedra, Inc. is to cater to the housing, emotional, recreational, social, religious, healthcare, and financial security needs of the elderly.
Official website here: www.vicarslanding.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating)
Life Care Ponte Vedra Inc has received an 81% rating, reflecting a strong emphasis on accountability and finance. The organization demonstrates a solid governance structure, with 100% of its board members being independent, which enhances transparency and decision-making integrity. Additionally, the charity excels in its financial oversight, as evidenced by a full score in its audit and oversight committee.
The organization allocates a significant portion of its expenses, approximately 85.93%, directly to its programs, indicating a commitment to using funds effectively for its mission. However, while its financial practices appear sound, some concerns have been raised regarding the high salaries of key personnel, which could be viewed as excessive depending on the context of the charity's overall budget and outcomes.
Overall, Life Care Ponte Vedra Inc scores well in terms of governance and financial management, making it a relatively reliable choice for donors and supporters. However, potential contributors might want to consider the salary levels of executives in relation to the charity's operational goals and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Life Care Ponte Vedra Inc legitimate?
Life Care Ponte Vedra Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Care Ponte Vedra 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: $242,319
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,276,382
For more financial information, click here
Official website here: www.vicarslanding.com
What is the mission statement of Life Care Ponte Vedra Inc?
Life Care Ponte Vedra Inc is a not-for-profit organization dedicated to catering to the needs of the elderly. Its mission is to ensure the housing, emotional, recreational, social, religious, health care, and financial security of senior adults. This is accomplished through the operation of a continuing care retirement community, named Vicar's Landing. The community provides housing and various related services, including independent living, assisted living, and skilled nursing care. The organization's sole corporate member, Life Care Pastoral Services Inc, manages and operates the organization and its entities.
Official website here: www.vicarslanding.com
Who is the CEO of Life Care Ponte Vedra Inc?
D Bruce Jones is the CEO of Life Care Ponte Vedra Inc The CEO's salary of Life Care Ponte Vedra Inc is $0 and their total compensation is $382,292.
Official website here: www.vicarslanding.com
What is the revenue of Life Care Ponte Vedra Inc?
Life Care Ponte Vedra Inc's revenue in 2023 was $47,154,928.
Official website here: www.vicarslanding.com
Who are the executives of Life Care Ponte Vedra Inc and what are their salaries?
The average compensation at Life Care Ponte Vedra Inc during 2023 was $21,291. There are 541 employees and 22 volunteers at Life Care Ponte Vedra Inc.
Here are 14 key members and their salaries (Life Care Ponte Vedra Inc's CEO's salary is $0 and their total compensation is $382,292):
- 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
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $346,246
- Other: $36,046
- Compensation: $0
- Related: $251,821
- Other: $0
- Compensation: $0
- Related: $243,483
- Other: $32,318
- Compensation: $0
- Related: $197,501
- Other: $30,000
- Compensation: $220,787
- Related: $0
- Other: $21,532
- Compensation: $104,507
- Related: $0
- Other: $13,025
- Compensation: $122,115
- Related: $0
- Other: $4,885
Official website here: www.vicarslanding.com
Where can I find the form 990 for Life Care Ponte Vedra Inc?
Life Care Ponte Vedra Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vicarslanding.com
Learn more at the official website: www.vicarslanding.com
Mission Statement of Life Care Ponte Vedra Inc
Life Care Ponte Vedra, Inc., a not-for-profit corporation, is dedicated to addressing the housing, physical, emotional, recreational, social, religious, and financial security needs of the elderly. This organization carries out its mission through the operation of a continuing care retirement community, named Vicar's Landing.
Vicar's Landing, run by Life Care Ponte Vedra, offers a range of living options for senior adults. Currently, it consists of two retirement communities - Vicar's Landing at Sawgrass and Vicar's Landing at Oak Bridge. The former, established in 1987, comprises 227 independent residential units, 38 assisted living units, and a 60-bed skilled nursing center. Vicar's Landing at Oak Bridge, which opened in August 2022, is currently undergoing expansion. When completed, it will contain 109 independent living units, with further plans to add independent living units, assisted living/memory care units, and related common areas on an approximately 42-acre parcel of land.
The mission of Life Care Ponte Vedra, Inc. is to provide comprehensive care for the elderly, ensuring their overall well-being. By offering various living options within their continuing care retirement community, the organization is able to cater to the unique needs of its residents as their requirements change over time.
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Impact
October, 2024
Life Care Ponte Vedra Inc significantly enhances the quality of life for senior adults in the Ponte Vedra Beach area through its comprehensive continuing care retirement communities, Vicar's Landing at Sawgrass and Vicar's Landing at Oak Bridge. By offering a diverse range of housing options—ranging from independent living to assisted living and skilled nursing care—LCPV meets the varying needs of its residents at different stages of their lives.
The organization prioritizes not only the physical well-being of its residents by providing healthcare services but also supports their emotional and social needs through recreational and community-building activities. This holistic approach fosters a sense of security and belonging among residents, enabling them to maintain an active, engaged lifestyle within a supportive environment.
Furthermore, the recent expansion at Oak Bridge demonstrates LCPV’s commitment to adapting and growing its facilities to better serve the community. The addition of new living units and memory care options ensures that the organization can accommodate a broader spectrum of residents, including those with specialized needs.
By addressing housing, healthcare, and social engagement, Life Care Ponte Vedra Inc plays a vital role in enhancing the lives of seniors, ensuring they have access to the resources necessary for a fulfilling and dignified life as they age.
This information is meant to be a general summary of Life Care Ponte Vedra 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 2023.
- Investment Income: $1,507,650
- Program Service Revenue: $42,548,857
- Gross Receipts: $47,652,580
Assets and Liabilities:
- Total Assets: $243,553,471
- Total Liabilities: $281,806,761
- Net Assets: -$38,253,290
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL SERVICE FEES
Revenue
$23,685,169
EARNED ENTRANCE FEES
Revenue
$11,409,649
HEALTHCARE SERVICE FEES
Revenue
$4,394,240
ASSISTED LIVING SERVICE FEES
Revenue
$1,921,521
HOME HEALTH SERVICE FEES
Revenue
$1,138,278
Organization Details
Founding Year
1983
Principal Officer
D Bruce Jones
Website
www.vicarslanding.comNTEE Category
Code: P750 - Human services
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