EIN 26-2386152

The Terraces at Bonita Springs

IRS 501(c) type
501(c)(3)
Num. employees
280
State
Year formed
2008
Most recent tax filings
2022-12-01
Description
The Terraces at Bonita Springs aims to provide high-quality continuing care retirement services and facilities to benefit the senior population living in Bonita Springs, Florida and surrounding areas. Formerly known as Bonita Springs Retirement Village, Inc., it offers cleaning, laundry, maintenance, meals, security, and utilities to assisted living and memory support seniors in residential units. In 2022 alone, it served a total of 17,967 resident days with an approximate daily average of 157 individuals.
Related structure
The Terraces at Bonita Springs is a subordinate organization under AvMed.
Also known as...
Bonita Springs Retirement Village
Total revenues
$21,147,486
2022
Total expenses
$29,320,772
2022
Total assets
$104,037,513
2022
Num. employees
280
2022

Program areas at The Terraces at Bonita Springs

Bonita Springs Retirement Village, Inc. Provided cleaning, laundry, maintenance, meals, security and utilities to seniors in residential units. The average number of individuals served per day in 2022 were approximately 157.
Bonita Springs Retirement Village, Inc. Provided skilled nursing and related health care services, including therapy for individuals who are unable to care for themselves. The total patient days served in 2022 were 12,721.
Bonita Springs Retirement Village, Inc. Provided cleaning, laundry, maintenance, meals, security and utilities to assisted living and memory support seniors in residential units. The total resident days served in 2022 were 17,967.

Who funds The Terraces at Bonita Springs

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Santafe Senior Living FoundationSantafe Senior Living Foundation, Inc. Provided Financial Assistance in the Amount of $53,944 To Support and Further the Mission and Tax Exempt Purposes of Bonita Springs Retirement Village, Inc.$53,944

Personnel at The Terraces at Bonita Springs

NameTitleCompensation
Lawrence G SchreiberChief Executive Officer$0
Phyllis M Lam-FlackDirector of Operations$102,738
Lisa CoxNursing Director$125,112
Alan D SaylesDirector of Dining Service Operations$119,718
Rachel L HendersonDirector of Commission Relations and Sales$133,923
...and 12 more key personnel

Financials for The Terraces at Bonita Springs

RevenuesFYE 12/2022
Total grants, contributions, etc.$53,944
Program services$20,837,642
Investment income and dividends$339,026
Tax-exempt bond proceeds$-66,945
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-16,181
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$21,147,486

Form 990s for The Terraces at Bonita Springs

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990View PDF
2021-122022-10-31990View PDF
2020-122021-10-25990View PDF
2019-122021-02-22990View PDF
2018-122019-12-06990View PDF
...and 9 more Form 990s

Organizations like The Terraces at Bonita Springs

OrganizationLocationRevenue
Trinity Oaks / Lutheran Retirement Center - Salisbury IncSalisbury, NC$12,212,812
The Nottingham Retirement CommunitySyracuse, NY$14,510,958
RHFLong Beach, CA$6,202,831
Twin LakesCincinnati, OH$35,525,193
Kendal at HanoverHanover, NH$33,925,739
Eskaton Village Village-RosevilleCarmichael, CA$8,563,125
Fellowship Square - TucsonPhoenix, AZ$9,831,491
Mirabella at AsuTempe, AZ$13,415,335
The Village at St BarnabasGibsonia, PA$7,855,664
Concordia of the South Hills-Cranberry-Fox Chapel- Franklin Park-Wexford-Villa St JosephPittsburgh, PA$53,030,433
Data update history
January 11, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 10, 2024
Updated personnel
Identified 5 new personnel
December 28, 2023
Used new vendors
Identified 2 new vendors, including , and
December 28, 2023
Received grants
Identified 1 new grant, including a grant for $53,944 from Santafe Senior Living Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Nursing homesHuman service organizationsRetirement homesChapter / child organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelTax deductible donations
General information
Address
Santafe Healthcareinc PO Box 749
Gainesville, FL 32627
Metro area
Gainesville, FL
County
Alachua County, FL
Website URL
theterracesatbonitasprings.com/ 
Phone
(352) 554-8575
IRS details
EIN
26-2386152
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P75: Senior Continuing Care Communities
NAICS code, primary
62331: Assisted Living and Continuing Care Retirement Communities
Parent/child status
Subordinate organization
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