Advent Christian Village Inc
- Assets
- $46.9m
- Revenue
- $23.9m
- Investments
- $5.4m
- Employees
- 541
- Location
- Live Oak, FL
- Founding
- 02/1949
- Data as of
- 06/2022
- EIN
- 59-0751905
Organization Overview
Advent Christian Village Inc is located in Live Oak, FL. The organization was established in 1949. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 06/2022, Advent Christian Village Inc employed 541 individuals. This organization is the central organization for a national or regional group of organizations. Advent Christian Village Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Advent Christian Village Inc generated $23.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $23.4m during the year ending 06/2022. While expenses have increased by 0.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF ADVENT CHRISTIAN VILLAGE IS TO EXPRESS CHRISTS LOVE BY PROVIDING COMPASSIONATE CARE AND QUALITY, COMPREHENSIVE SERVICES FOR SENIOR ADULTS, FAMILIES WITH SPECIAL NEEDS, AND CHILDREN, IN A SECURE, SUPPORTIVE SETTING AND IN THE SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSING HOME, ASSISTED LIVING AND OTHER HEALTH SERVICES: ADVENT CHRISTIAN VILLAGE OPERATES A 161 BED MEDICAID/MEDICARE CERTIFIED NURSING HOME, A 40-UNIT ASSISTED LIVING FACILITY, A RURAL HEALTH CLINIC, A HOME HEALTH AGENCY, AND A WELLNESS CENTER. BENEVOLENT FUNDS ARE USED TO ASSURE THAT ALL PARTICIPANTS WILL HAVE THE LONG-TERM AND MEDICAL CARE NEEDED FOR IMPROVING OR SUSTAINING THEIR WELL-BEING. IT IS OUR GOAL THAT NO PARTICIPANT BE DENIED SERVICES OR BE DISCHARGED FROM PROGRAMS BECAUSE OF THE INABILITY TO PAY FOR THE COST OF CARE.
HOUSING AND SUPPORT SERVICES FOR SENIORS: ADVENT CHRISTIAN VILLAGE PROVIDES AND MANAGES 435 RESIDENTIAL UNITS FOR SENIOR ADULTS. INCLUDED ARE 180 UNITS FOR EXTREMELY LOW, VERY LOW, AND LOW INCOME INDIVIDUALS. ANOTHER 125 UNITS ARE DESIGNATED AS AFFORDABLE HOUSING FOR MODERATE INCOME SENIOR ADULTS. ASSISTANCE IS PROVIDED THROUGH BENEVOLENT FUNDS DESIGNATED FOR CONGREGATE MEALS, HOME MAKER SERVICES, TRANSPORTATION, PERSONAL CARE, SERVICE COORDINATION, ACTIVITIES, ETC. SENIORS ALSO RECEIVE SUBSIDIES FOR ACTIVITY AND SERVICE FEES.
FAMILY, YOUTH AND RETREAT SERVICES: FAMILIES AND YOUTH ARE ASSISTED DURING CRUCIAL TIMES IN THEIR LIVES BY PROVIDING HOUSING, UTILITIES, AND FOOD. SCHOLARSHIPS ARE AWARDED TO BOTH YOUTH AND ADULTS TO HELP MEET THE COSTS OF HIGHER EDUCATION. SCHOLARSHIPS ARE ALSO AWARDED TO CHILDREN AND YOUTH TO ATTEND SUMMER CAMP AT CAMP SUWANNEE. THE CONFERENCE AND RETREAT CENTER PROVIDES FACILITIES AND SERVICES FOR YOUTH AND FAMILIES. CHILD DAY CARE AND EARLY CHILDHOOD EDUCATION IS PROVIDED 5 DAYS A WEEK WITH A SCHOLARSHIP PROGRAM FOR FAMILIES WHO ARE UNABLE TO PAY THE FULL COST. SUMMER DAY CAMP PROGRAM IS ALSO PROVIDED FOR CHILDREN IN THE RURAL COMMUNITIES ADJACENT TO THE ADVENT CHRISTIAN VILLAGE. LEADERSHIP DEVELOPMENT PROGRAM PROVIDES FOUR WEEKENDS OF EXPERIENTIAL LEARNING FOR HIGH SCHOOL AGE STUDENTS. WEEKEND RESPITE CAMPS ARE OFFERED TO FOSTER CHILDREN OF NORTH CENTRAL FLORIDA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Diane Dodgen Physician | 40 | $210,000 | |
Craig Carter Presidentceo | Officer | 50 | $125,760 |
James A Schenck Vice President | Officer | 50 | $105,336 |
Steven Hett Vice Presidentcfo | Officer | 50 | $104,700 |
Lee Anne Tadlock Pharmacist | 40 | $100,930 | |
Keri Hilliard Vice President | Officer | 50 | $99,776 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,643,438 |
| Noncash contributions included in lines 1a–1f | $43,109 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,643,438 |
| Total Program Service Revenue | $18,836,009 |
| Investment income | $266,204 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $545,082 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,912,846 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $402,304 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $697,637 |
| Compensation of current officers, directors, key employees. | $335,796 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,571,018 |
| Pension plan accruals and contributions | $43,093 |
| Other employee benefits | $1,711,500 |
| Payroll taxes | $753,874 |
| Fees for services: Management | $0 |
| Fees for services: Legal | -$24,129 |
| Fees for services: Accounting | $47,535 |
| Fees for services: Lobbying | $4,386 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $142,045 |
| Fees for services: Other | $735,511 |
| Advertising and promotion | $160,970 |
| Office expenses | $84,471 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,606,818 |
| Travel | $4,639 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $174,138 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,400,732 |
| Insurance | $475,484 |
| All other expenses | $961,541 |
| Total functional expenses | $23,352,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,472 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $57,338 |
| Accounts receivable, net | $1,911,938 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,270,139 |
| Inventories for sale or use | $1,571,092 |
| Prepaid expenses and deferred charges | $848,994 |
| Net Land, buildings, and equipment | $16,632,092 |
| Investments—publicly traded securities | $13,843,105 |
| Investments—other securities | $5,361,241 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,261,458 |
| Total assets | $46,938,869 |
| Accounts payable and accrued expenses | $2,051,476 |
| Grants payable | $0 |
| Deferred revenue | $339,833 |
| Tax-exempt bond liabilities | $1,653,306 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,491,355 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,681,883 |
| Total liabilities | $7,217,853 |
| Net assets without donor restrictions | $30,672,153 |
| Net assets with donor restrictions | $9,048,863 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $46,938,869 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Advent Christian Village Inc has recieved totaling $32,634.
| Awarding Organization | Amount |
|---|---|
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $20,000 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $6,317 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $6,317 |
Endowment Analysis
| Beg. Balance | $15,255,079 |
| Earnings | -$1,328,286 |
| Admin Expense | $135,676 |
| Net Contributions | $140,730 |
| Other Expense | $35,629 |
| Ending Balance | $13,896,218 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Methodist Home For The Aging Birmingham, AL | $118,213,803 | $51,510,138 |
Lenbrook Square Foundation Inc Atlanta, GA | $291,448,667 | $46,078,205 |
Cypress Cove At Healthpark Florida Inc Fort Myers, FL | $165,133,632 | $33,291,550 |
Glenridge On Palmer Ranch Inc Jacksonville, FL | $194,012,729 | $37,245,180 |
John Knox Village Of Central Florida Inc Orange City, FL | $183,731,535 | $56,317,098 |
Oak Hammock At The University Of Florida Inc Gainesville, FL | $123,521,355 | $38,928,213 |
Gulf Care Inc Cape Coral, FL | $96,060,136 | $33,635,859 |
Senior Care Group Inc Tampa, FL | $31,110,581 | $32,171,523 |
Magnolia Manor Inc Americus, GA | $105,196,135 | $36,011,404 |
Waterman Communities Inc Mount Dora, FL | $148,398,473 | $31,351,619 |
East Ridge Retirement Village Inc Gainesville, FL | $85,059,682 | $27,977,471 |
North Florida Retirement Village Inc Gainesville, FL | $89,998,820 | $32,740,071 |