Overview
What is Pines Of Sarasota Foundation Inc?
Pines Of Sarasota Foundation Inc is a nonprofit organization situated in Sarasota, Florida. Their primary mission is to offer financial assistance to Pines Of Sarasota, Inc., a not-for-profit provider of skilled nursing services for individuals in Sarasota County who face financial constraints. The foundation raises funds to ensure the well-being and comfort of these residents, providing them with a safe and comfortable living environment. Additionally, the foundation contributes financially to capital improvements on the campus to maintain its quality and suitability for the residents. Currently, the foundation employs a team of 7 individuals who are dedicated to achieving these objectives.
Official website here: www.pinesofsarasota.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Stars
Pines Of Sarasota Foundation Inc has achieved a perfect 100% rating from Charity Navigator, signifying excellence in accountability and finance. This high rating is particularly notable as it reflects the organization's commitment to transparency and responsible financial management, with oversight mechanisms that are robust and well-implemented.
The foundation's board structure demonstrates strong governance with 100% of its members being independent. This ensures that decisions are made without conflicts of interest, further bolstering trust among donors and stakeholders. Furthermore, the organization has maintained an impressive program expense ratio of 93.61%, indicating that a significant majority of its funds are directed toward its mission-related activities.
While the data reflects a strong financial position and governance practices, it is important for potential donors and supporters to remain aware of the ongoing need for nonprofits to adapt and address challenges within their operational landscapes. Overall, Pines Of Sarasota Foundation Inc exemplifies a strong commitment to ethical practices and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Pines Of Sarasota Foundation Inc legitimate?
Pines Of Sarasota Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pines Of Sarasota 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: $179,329
Professional Fundraising Fees: $0
Other Salaries and Wages: $363,530
For more financial information, click here
Official website here: www.pinesofsarasota.org
What is the mission statement of Pines Of Sarasota Foundation Inc?
The Pines Of Sarasota Foundation Inc's mission is centered around providing financial support. Specifically, it aims to assist a not-for-profit organization, Pines Of Sarasota Healthcare, LLC, which offers skilled nursing services for individuals with limited financial resources. The foundation's goal is to ensure the comfort, safety, and care of these residents. They raise funds to support this mission and also invest in capital improvements to maintain a safe and comfortable living environment for the residents. The organization has been serving its residents for 75 years, committing to providing them with the care and comfort they deserve.
Official website here: www.pinesofsarasota.org
Who is the CEO of Pines Of Sarasota Foundation Inc?
Ruth Frazier is the Trustee of Pines Of Sarasota Foundation Inc. The CEO's salary of Pines Of Sarasota Foundation Inc is $0 and their total compensation is $0.
Official website here: www.pinesofsarasota.org
What is the revenue of Pines Of Sarasota Foundation Inc?
Pines Of Sarasota Foundation Inc's revenue in 2022 was $1,627,093.
Official website here: www.pinesofsarasota.org
Who are the executives of Pines Of Sarasota Foundation Inc and what are their salaries?
The average compensation at Pines Of Sarasota Foundation Inc during 2022 was $77,551. There are 7 employees and 13 volunteers at Pines Of Sarasota Foundation Inc.
Here are 15 key members and their salaries (Pines Of Sarasota Foundation Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $87,500
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- Other: $6,793
- Compensation: $91,829
- Related: $0
- Other: $6,864
Official website here: www.pinesofsarasota.org
Where can I find the form 990 for Pines Of Sarasota Foundation Inc?
Pines Of Sarasota Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pinesofsarasota.org
Learn more at the official website: www.pinesofsarasota.org
Mission Statement of Pines Of Sarasota Foundation Inc
Pines of Sarasota Foundation Inc, as a non-profit organization, is dedicated to providing financial support for Pines of Sarasota Healthcare, LLC, a skilled nursing facility serving individuals in Sarasota County who are financially challenged. The mission of Pines of Sarasota Foundation Inc is to ensure the comfort, safety, and care of its residents. The foundation raises funds to support its mission, which includes aiding the residents who have outlived their financial means. Additionally, Pines of Sarasota Foundation Inc contributes to capital improvements on the campus, ensuring that the living facility continues to offer a secure and comfortable environment for its residents. Celebrating its 75th anniversary, Pines of Sarasota Foundation Inc has demonstrated its commitment to providing the necessary resources and support for those in need.
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Impact
July, 2024
The Pines of Sarasota Foundation Inc plays a crucial role in providing financial support to the Pines of Sarasota, Inc., ensuring individuals in Sarasota County with limited financial resources receive skilled nursing services. By supporting the comfort, safety, and care of residents, the foundation contributes to enhancing the quality of life for those in need. Additionally, through fundraising efforts, the foundation helps residents who have outlived their means and contributes to capital improvements that ensure a safe and comfortable living environment. Overall, the foundation's impact is felt in sustaining the mission of Pines of Sarasota in providing essential healthcare services to the community.
This information is meant to be a general summary of Pines Of Sarasota 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $320,345
- Gross Receipts: $7,922,809
Assets and Liabilities:
- Total Assets: $4,461,961
- Total Liabilities: $5,001
- Net Assets: $4,456,960
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Organization Details
Founding Year
1989
Phone
(941) 955-6293Principal Officer
Ruth Frazier
Main Address
1501 N ORANGE AVENUE, SARASOTA, FL, 34236
Website
www.pinesofsarasota.orgNTEE Category
Code: E91I - Health
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