Overview

Sign up for

Est.

1972

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Bay Village of Sarasota Inc. (EIN: 59-1453706) is a church-related continuing care retirement community located in Sarasota, Florida, dedicated to providing a secure and dynamic environment for older adults. With an operating budget of $30.3 million and total revenue of $29.3 million, the organization offers a range of services, including independent retirement living, assisted living, skilled nursing, and social services, while ensuring dignity and respect for all residents. Notably, the organization has a benevolence program to support residents who may exhaust their financial resources, and it does not rely on a single funder for more than 50% of its revenue. More information can be found on their website at www.bayvillage.org.

Mission Statement

ESTABLISHED ON CHRISTIAN PRINCIPLES, BAY VILLAGE OF SARASOTA, INC. (BVSI) OFFERS A DYNAMIC, SECURE, AND COMPREHENSIVE RESIDENCY FOR OLDER ADULTS, PROVIDING MEANINGFUL COMMUNITY LIFE WITH CONTINUING CARE. BVSI IS A CHURCH-RELATED CONTINUING CARE RETIREMENT COMMUNITY COMMITTED TO PROVIDING THE HIGHEST QUALITY OF SERVICE TO RESIDENTS OF ALL FAITHS, WITH NURSING AND HEALTH CARE, RECREATIONAL AND SPIRITUAL OPPORTUNITIES. BVSI PROVIDES SERVICES THAT ENHANCE THE QUALITY OF LIFE FOR RESIDENTS THROUGH INDEPENDENT RETIREMENT LIVING, ASSISTED LIVING, HOME HEALTH, SKILLED NURSING, AND SOCIAL SERVICES, WHILE CONTINUING TO HONOR EACH PERSON'S DIGNITY, RIGHTS, SELF-RESPECT AND INDEPENDENCE. BVSI IS COMMITTED TO A PROGRAM OF STEWARDSHIP WHICH RECOGNIZES ITS RESPONSIBILITY TO USE RESOURCES WELL. BVSI'S BENEVOLENCE PROGRAM ENSURES, TO THE EXTENT FEASIBLE, THAT RESIDENTS WHO HAVE EXHAUSTED THEIR FINANCIAL RESOURCES, THROUGH NO FAULT OF THEIR OWN, CAN REMAIN AS RESIDENTS EVEN IF THEY BECOME UNABLE TO PAY.
Revenues
$29.3M
Expenses
$30.3M
Net Income:
-$991.5K
Assets
$69.8M
Liabilities
$33.3M
Net Assets:
+$36.5M
Operating Budget
$30.3M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
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
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
1
Median grant size
$36K
Largest grant received
$36K
E
Eric Nichols
Board Member
C
Christina R Wizba
Board Member
S
Sally Seeger
Board Member

Frequently Asked Questions

What is BAY VILLAGE OF SARASOTA INC’s budget?
In 2024, BAY VILLAGE OF SARASOTA INC reported an annual operating budget of around $30.3 million. More detailed financial information is available to registered users.
What causes does BAY VILLAGE OF SARASOTA INC support?
BAY VILLAGE OF SARASOTA INC supports work in Senior assisted living.
Where does BAY VILLAGE OF SARASOTA INC operate?
BAY VILLAGE OF SARASOTA INC is headquartered in Sarasota, FL.
Who funded BAY VILLAGE OF SARASOTA INC recently?
In 2024, BAY VILLAGE OF SARASOTA INC received grants from BAY VILLAGE ENDOWMENT FUND and BAY VILLAGE ENDOWMENT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant BAY VILLAGE OF SARASOTA INC received in 2024?
The largest grant to BAY VILLAGE OF SARASOTA INC in 2024 exceeds $36 thousand.