Overview
What is Tampa Life Plan Village Inc?
Tampa Life Plan Village Inc is a nonprofit organization situated in Tampa, Florida, dedicated to providing senior living services. Their primary objective is to operate a residential care facility for seniors, aiming to create a comfortable living environment in Tampa. The organization's mission focuses on ensuring the well-being and support of its senior residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars
Tampa Life Plan Village Inc received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. The overall score of 46% is primarily based on its accountability and finance metrics, reflecting a lack of adherence to best practices in several key areas. While the organization has a fully independent board and has established sound practices in areas like financial statement oversight and conflict of interest policies, it falls short in critical areas such as maintaining a whistleblower policy and document retention procedures.
In terms of financial health, the organization has a notably high liabilities to assets ratio of 148.24%, which raises questions about its financial stability and ability to sustain operations. The program expense ratio is also low at 47.62%, suggesting that less than half of its expenses are directed towards its programs, which is a common concern for donors evaluating the impact of their contributions.
Overall, while Tampa Life Plan Village Inc demonstrates strengths in governance and oversight, the significant gaps in transparency and financial management practices limit its effectiveness and trustworthiness as a nonprofit organization. Potential donors and stakeholders may want to exercise caution and seek further information before engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Tampa Life Plan Village Inc legitimate?
Tampa Life Plan Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tampa Life Plan Village 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: $2,507,703
For more financial information, click here
What is the mission statement of Tampa Life Plan Village Inc?
Tampa Life Plan Village, as a senior supportive residential care facility, is dedicated to operating a senior living community. Their mission is centered around providing a living environment for seniors, aiming to ensure their well-being and comfort. The organization is committed to maintaining a senior living community that caters to the needs of its residents in Tampa, Florida.
Who is the CEO of Tampa Life Plan Village Inc?
Ronald R Shuck is the Chairman of Tampa Life Plan Village Inc.
What is the revenue of Tampa Life Plan Village Inc?
Tampa Life Plan Village Inc's revenue in 2022 was $4,690,301.
Who are the executives of Tampa Life Plan Village Inc and what are their salaries?
The average compensation at Tampa Life Plan Village Inc during 2022 was $32,996. There are 76 employees at Tampa Life Plan Village Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $190,887
- Related: $0
- Other: $11,955
- Compensation: $95,240
- Related: $0
- Other: $17,817
Where can I find the form 990 for Tampa Life Plan Village Inc?
Tampa Life Plan Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tampa Life Plan Village Inc
Tampa Life Plan Village is a dedicated organization committed to the operation of a senior living community. Their primary mission is to provide supportive residential care for senior citizens, creating an environment that caters to their unique needs. By operating a senior living community, Tampa Life Plan Village aims to ensure that elderly individuals can live with dignity and independence, while receiving the necessary care and support they require. The organization's mission is centered around enhancing the quality of life for seniors, providing them with a safe and nurturing environment where they can thrive.
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Impact
July, 2024
Tampa Life Plan Village Inc's impact is in providing a supportive residential care facility for seniors in Tampa, Florida. Their mission is focused on operating a senior living community that offers housing and care services to meet the needs of the elderly population in the area. By providing a safe and comfortable living environment, Tampa Life Plan Village Inc positively impacts the lives of seniors by allowing them to maintain their independence while receiving the necessary support and assistance tailored to their individual needs.
This information is meant to be a general summary of Tampa Life Plan Village 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: $53,370
- Program Service Revenue: $4,297,427
- Gross Receipts: $4,690,301
Assets and Liabilities:
- Total Assets: $52,392,301
- Total Liabilities: $77,668,221
- Net Assets: -$25,275,920
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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
$3,627,666
EARNED ENTRANCE FEES
Revenue
$615,348
ANCILIARY REVENUE
Revenue
$54,413
Organization Details
Founding Year
2020
Phone
(813) 437-9896Principal Officer
Ronald R Shuck
Main Address
12401 N 22ND STREET, TAMPA, FL, 33612
NTEE Category
Code: L22 - Housing
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