Overview

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Est.

2000

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Ocoee Foundation Inc is a nonprofit organization dedicated to establishing, developing, and operating various healthcare facilities, including hospitals, nursing homes, and adult day care facilities, to support the housing, health, and personal needs of elderly, disabled, and low-income populations. With an operating budget of $86.8 million and total revenue of $90 million for the 2024 filing year, the organization relies on funding from sources such as Adventist Health System Georgia Inc, which contributes $260.3K. The organization does not depend on any single funder for 50% or more of its revenue.

Mission Statement

TO ESTABLISH, DEVELOP, OWN, MAINTAIN AND OPERATE HOSPITALS, NURSING HOMES, ADULT DAY CARE FACILITIES, RESIDENTIAL ASSISTED LIVING FACILITIES, RELATED HEALTH CARE FACILITIES, AND OTHER RESIDENTIAL FACILITIES DESIGNED TO MEET THE HOUSING, HEALTH, PERSONAL NEEDS AND FINANCIAL SECURITY NEEDS OF ELDERLY, DISABLED, POOR, AND OTHER SPECIAL POPULATIONS (THE FACILITIES). THROUGH THESE FACILITIES, THE ORGANIZATION MAY ALSO PROVIDE HEALTH CARE SERVICES. ALL FACILITIES ARE OWNED AND OPERATED ON A NON-PROFIT BASIS. AS FUNDS ALLOW, AND UPON THE APPROVAL OF THE BOARD OF DIRECTORS, THE ORGANIZATION WILL MAKE CONTRIBUTIONS TO OTHER ORGANIZATIONS EXEMPT FROM INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Revenues
$90M
Expenses
$86.8M
Net Income:
+$3.1M
Assets
$91M
Liabilities
$47.3M
Net Assets:
+$43.7M
Operating Budget
$86.8M
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
$250.3K
Largest grant received
$250.3K
J
John Sheehan Jr
Board Member
M
Margaret P Sheehan
Board Member
W
Wiliam S Burton
Board Member

Frequently Asked Questions

What is OCOEE FOUNDATION INC’s budget?
In 2024, OCOEE FOUNDATION INC reported an annual operating budget of around $86.8 million. More detailed financial information is available to registered users.
What causes does OCOEE FOUNDATION INC support?
OCOEE FOUNDATION INC supports work in Community health care and Nursing homes.
Where does OCOEE FOUNDATION INC operate?
OCOEE FOUNDATION INC is headquartered in Cleveland, TN.
Who funded OCOEE FOUNDATION INC recently?
In 2021, OCOEE FOUNDATION INC received grants from ADVENTIST HEALTH SYSTEM GEORGIA INC. More information on this organization’s funders is available to registered users.
What is the largest grant OCOEE FOUNDATION INC received in 2021?
The largest grant to OCOEE FOUNDATION INC in 2021 exceeds $250 thousand.
What is OCOEE FOUNDATION INC’s reliance on government grants?
OCOEE FOUNDATION INC relied on government grants for less than 5% of their total revenue in 2024.