Program areas at Bay Village Endowment Fund
The Endowment Fund is a supporting organization to Bay Village of sarasota, inc. (Bay Village), a non-profit, lifecare community which currently exists as an independent living, assisted living and nursing facility to provide all aging related services and senior services as may now exist or develop in the future, to include memory care services. To accomplish this purpose, the Endowment Fund provides funds, when necessary: to assist financially needy Bay Village residents who have become unable to pay through no fault of their own; to assist in the operation, maintenance, growth and improvement of any and all of the operations of Bay Village now and in the future; and any additional purpose to help fulfill Bay Village's non-profit mission.during 2022, the Endowment Fund transferred $7,000,000 to Bay Village for construction of the memory care facility during the year ended december 31, 2022.the Endowment Fund is comprised of contributions made from large and small donations, wills and estates, legacies, and proceeds from the "Bay Village gift shop and the "down under (resale) shop." The Endowment Fund's objective is to continue to build the Fund to help provide long-term stability and financial support for Bay Village to fulfill its non-profit mission.
Grants made by Bay Village Endowment Fund
Personnel at Bay Village Endowment Fund
| Name | Title | Compensation | Date of data |
|---|
| Eric Nichols | President and Chief Executive Officer | $0 | 2022-05-13 |
| Christina Wizba | Chief Financial Officer | $0 | 2021-12-31 |
| John F Mcclellan | Executive Director | $0 | 2017-09-18 |
Financials for Bay Village Endowment Fund
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $96,978 | $54,334 | 78.5% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $318,035 | $359,090 | -11.4% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-359,848 | $1,846,542 | -119.5% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $55,165 | $2,259,966 | -97.6% |
Organizations like Bay Village Endowment Fund
| Organization | Type | Location | Revenue |
|---|
| Baptist Senior Ministries / Grace Gardens Villas | 501(c)(3) | Overland Park, KS | $166,902 |
| Jewish Seniors Assisted Living Support Corporation | 501(c)(3) | Providence, RI | $145,764 |
| Allied Services Continuing Care Retirement Community | 501(c)(3) | Scranton, PA | $101,742 |
| Meadow Lakes Seniors | 501(c)(3) | Wasilla, AK | $90,740 |
| Trustees of the Jones Fund for the Support of the Poor | 501(c)(3) | Melville, NY | $103,986 |
| Northwest Arkansas Senior Services | 501(c)(3) | Bentonville, AR | $173,775 |
| Hooverwood Guild | 501(c)(3) | Indianapolis, IN | $33,464 |
| Elks National Home and Retirement Center | 501(c)(3) | Chicago, IL | $230,521 |
| Humangood East | 501(c)(3) | Lafayette Hill, PA | $42,684 |
| Colonial House | 501(c)(3) | Parkersburg, WV | $230,637 |
Data update history
May 16, 2023
Updated personnel
Identified 2 new personnel
April 9, 2022
Posted financials
Added Form 990 for fiscal year 2020
April 9, 2022
Posted financials
Added Form 990 for fiscal year 2019
October 27, 2020
Updated personnel
Identified 1 new personnel
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Nursing homesHuman service organizationsRetirement homesCharities
Issues
Human servicesHousing
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
- Address
- 8400 Vamo Rd
- Sarasota, FL 34231
- Metro area
- North Port-Sarasota-Bradenton, FL
- County
- Sarasota County, FL
- Phone
- (941) 966-5611
IRS details
- EIN
- 59-1958932
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1980
- 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
- Independent
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