Overview
What is Cypress Cove At Healthpark Florida Inc?
Cypress Cove At Healthpark Florida Inc is a nonprofit organization located in Fort Myers, Florida, with a mission to establish and maintain a continuing care retirement community at Healthpark, FL. The community, which consists of 333 independent living apartments and 44 villas, is situated on a 48-acre campus and offers a holistic approach to life. Residents enjoy resort-style amenities, services, and a wellness environment, with a strong emphasis on preventive care and maintaining good health. The organization prioritizes activity and personal growth, providing dining services, housekeeping, transportation, and fostering new friendships. Cypress Cove also operates under good business practices, striving to exceed resident expectations while addressing their emotional and spiritual needs. The community offers financial security with the provision of assisted living and skilled care for qualified residents, ensuring they can continue their active and independent lifestyles, aging with dignity and peace of mind.
Official website here: www.cypresscoveliving.org/
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Cypress Cove At Healthpark Florida Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is primarily based on the charity's Accountability & Finance score, demonstrating a strong emphasis on transparency and financial responsibility. The organization shows a well-structured governance model, with an entirely independent board of directors and comprehensive financial oversight.
The charity excels in various areas, achieving full points in several key metrics, such as having a conflict of interest policy, a whistleblower policy, and well-maintained board meeting minutes. Furthermore, their program expense ratio is commendable, with 93.07% of expenses directed towards programs. This indicates a robust commitment to utilizing funds effectively for their mission.
However, the organization does face a challenge with its liabilities to assets ratio, which stands at 116.94%, resulting in zero points in that category. This could suggest potential financial vulnerability that may warrant closer attention. Overall, Cypress Cove At Healthpark Florida Inc demonstrates strong governance and program impact, but stakeholders should remain mindful of its financial liabilities.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Cypress Cove At Healthpark Florida Inc?
82% of the reviewers on Facebook recommend Cypress Cove At Healthpark Florida Inc. Here is a summary of their reviews:
Many users praise the nonprofit for its dedicated staff and quality services. A notable sentiment is the happiness of residents, particularly elderly parents who have transitioned to this facility. Reviewers express satisfaction with the care and attention their loved ones receive, highlighting the supportive environment.
Overall, the feedback reflects a strong sense of approval for the organization's approach to elder care, suggesting that it effectively meets the needs of its residents and their families. The positive experiences shared indicate that Cypress Cove At Healthpark Florida Inc. is making a significant impact in the lives of those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Cypress Cove At Healthpark Florida Inc legitimate?
Cypress Cove At Healthpark Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cypress Cove At Healthpark Florida 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: $508,427
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,274,982
For more financial information, click here
Official website here: www.cypresscoveliving.org/
What is the mission statement of Cypress Cove At Healthpark Florida Inc?
Cypress Cove At Healthpark Florida Inc aims to establish and maintain a continuing care retirement community, providing a vibrant and secure living environment for qualified residents at a reasonable cost. The community ensures the security of continuing care, allowing residents to live within the community and receive assisted living or skilled care if needed, for the contractual monthly fee throughout their lives. Cypress Cove does not dismiss or terminate residents based on their financial inability to pay the monthly service fee. Here, residents can maintain their active and independent lifestyles, age with dignity, and enjoy added peace of mind.
Official website here: www.cypresscoveliving.org/
Who is the CEO of Cypress Cove At Healthpark Florida Inc?
Charles B Edwards Sr is the Principal Officer of Cypress Cove At Healthpark Florida Inc.
Official website here: www.cypresscoveliving.org/
What is the revenue of Cypress Cove At Healthpark Florida Inc?
Cypress Cove At Healthpark Florida Inc's revenue in 2022 was $40,594,599.
Official website here: www.cypresscoveliving.org/
Who are the executives of Cypress Cove At Healthpark Florida Inc and what are their salaries?
The average compensation at Cypress Cove At Healthpark Florida Inc during 2022 was $27,999. There are 528 employees and 181 volunteers at Cypress Cove At Healthpark Florida Inc.
Here are 15 key members and their salaries:
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- Other: $27,616
- Compensation: $166,929
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- Compensation: $164,002
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- Other: $10,959
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- Other: $12,634
- Compensation: $126,362
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- Other: $11,947
Official website here: www.cypresscoveliving.org/
Where can I find the form 990 for Cypress Cove At Healthpark Florida Inc?
Cypress Cove At Healthpark Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cypresscoveliving.org/
Learn more at the official website: www.cypresscoveliving.org/
Mission Statement of Cypress Cove At Healthpark Florida Inc
Cypress Cove At Healthpark Florida Inc is a continuing care retirement community dedicated to providing a comfortable, secure, and vibrant living environment for its residents. The mission of this organization is to create and sustain a community where individuals, who have met the financial and physical qualifications, can live independently and age with dignity. If and when the need arises, residents are offered assisted living and skilled care for a contractual monthly fee, ensuring they can continue residing within the community indefinitely.
Cypress Cove At Healthpark Florida Inc prides itself on its commitment to maintaining the active lifestyles of its residents. The organization is dedicated to offering a reasonable cost of living, allowing seniors to age with peace of mind. Notably, Cypress Cove At Healthpark Florida Inc does not terminate or dismiss residents based on their financial inability to pay all or part of the monthly service fee. This promise of financial security adds an essential layer of comfort and tranquility for its residents.
In essence, Cypress Cove At Healthpark Florida Inc is more than just a retirement community; it is a compassionate and supportive living space where seniors can thrive and continue to live their lives to the fullest, regardless of their financial situation. The organization's unwavering dedication to its residents' well-being is the driving force behind its mission to create and sustain a continuing care community that fosters an environment of vitality and security.
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Impact
October, 2024
Cypress Cove at Healthpark Florida Inc. significantly impacts the lives of its residents by providing a comprehensive, continuing care retirement community focused on promoting vitality, comfort, and security. Situated in Fort Myers, Florida, the facility encompasses 333 independent living apartments and 44 villas, set on 48 acres designed to foster a vibrant living environment.
One of the key advantages of Cypress Cove is its commitment to ensuring residents can enjoy their independence while having access to necessary healthcare services as they age. This model allows individuals to remain within the same community, receiving assisted living and skilled care as needed, thus minimizing disruption during significant life changes. Moreover, Cypress Cove guarantees that residents will not face dismissal or termination due to financial difficulties, allowing for peace of mind and dignity even in challenging circumstances.
The community encourages active lifestyles among its residents, emphasizing personal growth and engagement through various activities. It offers extensive amenities and services, including diverse dining options, housekeeping, and transportation, allowing residents to focus on enjoying life rather than daily burdens. Additionally, the environment promotes social connections and the development of friendships, fostering a sense of belonging and support among residents.
Cypress Cove exemplifies a holistic approach to senior living, prioritizing preventative care and overall wellness. By exceeding resident expectations and addressing both emotional and spiritual needs, Cypress Cove not only enhances the quality of life for its residents but also reinforces a strong sense of community and security within a supportive and nurturing setting.
This information is meant to be a general summary of Cypress Cove At Healthpark Florida 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: -$9,340,696
- Program Service Revenue: $42,402,369
- Gross Receipts: $94,533,795
Assets and Liabilities:
- Total Assets: $238,772,906
- Total Liabilities: $279,235,164
- Net Assets: -$40,462,258
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INDEPENDENT LIVING
Revenue
$20,215,155
ENTRANCE FEES
Revenue
$9,597,508
SKILLED NURSING
Revenue
$6,844,057
MEMORY CARE
Revenue
$3,242,833
ASSISTED LIVING
Revenue
$2,502,816
Organization Details
Founding Year
2007
Phone
(239) 489-0023Principal Officer
Charles B Edwards Sr
Main Address
9800 SOUTH HEALTHPARK DRIVE 310, FORT MYERS, FL, 33908
Website
www.cypresscoveliving.org/NTEE Category
Code: P75 - Human services
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