Sunnyside Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 592561967 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Sunnyside Foundation Inc?

Sunnyside Foundation Inc, based in Sarasota, Florida, primarily serves the community of Sunnyside Village, offering financial assistance and consumer protection for residents in need. Their purpose extends beyond just financial aid, as they also provide oversight for the distribution of personal items left by departing residents, ensuring they benefit local social services programs. The foundation's mission is to offer humanitarian aid through appropriate financial support, consumer protection, and potential assistance to related 501(c)(3) organizations with special requests. Their assistance criteria are evaluated based on a documented financial need, following a review by the board or committee, adhering to individual fund policies.


Official website here: www.sunnysidevillage.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Star rating).

Sunnyside Foundation Inc has achieved an 85% score, reflecting a solid level of accountability and financial health. The organization is noteworthy for having a completely independent board, with all eight members meeting this criterion. Furthermore, it demonstrates strong financial oversight with a fully compliant audit and oversight committee, and it has no recorded material diversions of assets.

However, the program expense ratio stands at 61.58%, which indicates that while a significant portion of its expenditures is directed towards programs, there is room for improvement in this area. Overall, Sunnyside Foundation Inc shows commitment to transparency and sound governance practices, although enhancing its program spending efficiency could strengthen its impact further.


This AI summary has been generated from information found on Charity Navigator.

Is Sunnyside Foundation Inc legitimate?

Sunnyside Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sunnyside Foundation 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: $0

For more financial information, click here


Official website here: www.sunnysidevillage.org

What is the mission statement of Sunnyside Foundation Inc?

The Sunnyside Foundation Inc's mission is centered around providing appropriate humanitarian aid through financial support and consumer protection for its residents. This aid is specifically designed for residents living in the Sunnyside Village, and the foundation also considers requests for assistance from related 501(c)(3) organizations, subject to certain criteria. The foundation provides financial aid for access into the Sunnyside Village independent and assisted living community, as well as assistance with monthly maintenance fees, activities programs, and other wellness programs. It also offers support in addressing personal issues related to fraud, identity theft, and insurance, among other matters. In addition, the foundation oversees the disbursement of personal items left by residents and their families upon vacating their Sunnyside homes, distributing these items to social services programs in the broader community.


Official website here: www.sunnysidevillage.org

Who is the CEO of Sunnyside Foundation Inc?

Christopher Mcgee is the Principal Officer of Sunnyside Foundation Inc. The CEO's salary of Sunnyside Foundation Inc is $0 and their total compensation is $214,526.


Official website here: www.sunnysidevillage.org

What is the revenue of Sunnyside Foundation Inc?

Sunnyside Foundation Inc's revenue in 2022 was $1,150,534.


Official website here: www.sunnysidevillage.org

Who are the executives of Sunnyside Foundation Inc and what are their salaries?

There 8 volunteers at Sunnyside Foundation Inc.


Here are 10 key members and their salaries (Sunnyside Foundation Inc's CEO's salary is $0 and their total compensation is $214,526):


Douglas Graber (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Antrim (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Stevenson (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Lane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Ross Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crockett Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph D Yoder (Ceo/Executive Director)
  • Compensation: $0
  • Related: $214,526
  • Other: $0
Christopher Whitby (Cfo (Beg. 04/2021))
  • Compensation: $0
  • Related: $96,203
  • Other: $0


Official website here: www.sunnysidevillage.org

Where can I find the form 990 for Sunnyside Foundation Inc?

Sunnyside Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sunnysidevillage.org

Learn more at the official website: www.sunnysidevillage.org

Mission Statement of Sunnyside Foundation Inc

Sunnyside Foundation Inc, a nonprofit organization, is dedicated to providing appropriate humanitarian aid to the residents of Sunnyside Village. Their mission involves offering financial support and consumer protection to these individuals, ensuring their well-being within the Sunnyside Village independent and assisted living community. The foundation considers requests for aid based on demonstrated financial need and adheres to the criteria outlined in their individual fund policies.

In addition to financial assistance, Sunnyside Foundation Inc also extends help with monthly maintenance fees, activities programs, and wellness programs within the community. They review each request thoroughly, ensuring that it aligns with their mission and the documented financial needs of the applicant. Moreover, the foundation offers assistance with personal issues, such as fraud, identity theft, and insurance concerns, among others.

Furthermore, Sunnyside Foundation Inc provides oversight for the disbursement of personal items left behind by residents and their families upon vacating their Sunnyside homes. These items are then shared with social services programs within the broader Sarasota community, allowing for their continued use and ensuring that they do not go to waste. Overall, Sunnyside Foundation Inc's mission is centered around providing aid and support to the residents of Sunnyside Village, ensuring their well-being and enabling them to live comfortably within the community.

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Impact




July, 2024

Sunnyside Foundation Inc's impact is focused on providing essential financial support and consumer protection for residents of Sunnyside Village in Sarasota, FL. This support includes assistance with monthly maintenance fees, activities programs, wellness programs, and personal issues related to fraud, identity theft, and insurance. The foundation also oversees the disbursement of personal items left by residents and their families, sharing these items with social services programs in the broader Sarasota community. In addition to supporting the needs of Sunnyside Village residents, the foundation considers assistance for related 501(c)(3) organizations. Through its work, Sunnyside Foundation Inc contributes significantly to the well-being and quality of life of the community it serves.




This information is meant to be a general summary of Sunnyside Foundation 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.

Revenue
$1,150,534 (2022)
Expenses
$478,907 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $627,573
  • Program Service Revenue: $19,247
  • Gross Receipts: $3,940,992

Assets and Liabilities:

  • Total Assets: $10,888,816
  • Total Liabilities: $776,164
  • Net Assets: $10,112,652

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

OTHER PROGRAM REVENUE

Revenue

$19,247

Organization Details

Founding Year

1984

Principal Officer

Christopher Mcgee

Main Address

5201 BAHIA VISTA STREET, SARASOTA, FL, 34232

NTEE Category

Code: T00 - Philanthropy

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