Overview

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Est.

2008

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Bonita Springs Retirement Village Inc, operating under the name The Terraces at Bonita Springs, is a nonprofit organization dedicated to serving older adults aged sixty-two and older by providing a range of retirement-life services, including independent living, assisted living, and skilled nursing care, all delivered in a Christian manner. With an operating budget of $32.6 million and total revenue of $24.4 million for the filing year 2024, the organization relies on various funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.actsretirement.org.

Mission Statement

THE PURPOSE OF BONITA SPRINGS RETIREMENT VILLAGE, INC. DBA THE TERRACES AT BONITA SPRINGS IS TO SERVE OLDER ADULTS SIXTY-TWO YEARS OF AGE AND OLDER, PROVIDING RETIREMENT-LIFE SERVICES INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, SKILLED NURSING CARE AND COMPLEMENTARY SERVICES; RESPONSIVE TO RESIDENT NEEDS IN A CHRISTIAN MANNER WITHOUT PREJUDICE OR PREFERENCE TO ANY FAITH, IN AN EXPRESSION OF LOVING KINDNESS.
Revenues
$24.4M
Expenses
$32.6M
Net Income:
-$8.2M
Assets
$134.9M
Liabilities
$134.8M
Net Assets:
+$66.1K
Operating Budget
$32.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$93.3K
Largest grant received
$93.3K
M
Michele Wasserlauf
Board Member
S
Stuart Walker
Board Member
E
Elric C Gerner
Board Member

Frequently Asked Questions

What is BONITA SPRINGS RETIREMENT VILLAGE INC’s budget?
In 2024, BONITA SPRINGS RETIREMENT VILLAGE INC reported an annual operating budget of around $32.6 million. More detailed financial information is available to registered users.
What causes does BONITA SPRINGS RETIREMENT VILLAGE INC support?
BONITA SPRINGS RETIREMENT VILLAGE INC supports work in Retirement housing.
Where does BONITA SPRINGS RETIREMENT VILLAGE INC operate?
BONITA SPRINGS RETIREMENT VILLAGE INC is headquartered in Fort Washington, PA.
Who funded BONITA SPRINGS RETIREMENT VILLAGE INC recently?
In 2024, BONITA SPRINGS RETIREMENT VILLAGE INC received grants from SANTAFE SENIOR LIVING FOUNDATION INC, SANTAFE SENIOR LIVING FOUNDATION INC, and SANTAFE SENIOR LIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant BONITA SPRINGS RETIREMENT VILLAGE INC received in 2024?
The largest grant to BONITA SPRINGS RETIREMENT VILLAGE INC in 2024 exceeds $93 thousand.