Gulf Care Inc

Organization Overview

Gulf Care Inc, operating under the name Gulf Coast Village, is located in Cape Coral, FL. The organization was established in 1983. 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 06/2021, Gulf Coast Village employed 588 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gulf Coast Village 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 06/2021, Gulf Coast Village generated $33.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $37.1m during the year ending 06/2021. While expenses have increased by 8.3% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION WAS CREATED TO PROVIDE HOUSING AND PERSONAL CARE SERVICES TO THE ELDERLY THROUGH THE OPERATION OF A CONTINUING CARE RETIREMENT COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SKILLED NURSING: THE CARE CENTER AT GULF COAST VILLAGE IS A MEDICARE-APPROVED SKILLED NURSING CARE CENTER, WITH BOTH PRIVATE AND SEMI-PRIVATE ROOMS FOR LONG AND SHORT TERM STAYS. THE PROGRAM OFFERS NURSING CARE, PERSONAL CARE, CUSTODIAL CARE AND REHABILITATIVE CARE TO PEOPLE WHO ARE ILL, PHYSICALLY WEAK, OR RECUPERATING FROM SURGERY. ITS DEDICATED LIFESTYLE STAFF PROVIDE A UNIQUE APPROACH THAT COMBINES PHYSICAL THERAPY WITH ACTIVITY AND SOCIALIZATION.


INDEPENDENT LIVING: THE TOWERS AT GULF COAST VILLAGE PROVIDES THE OPPORTUNITY FOR VIBRANT LIVING IN A COMMUNITY. RESIDENTS ENJOY A PRIVATE, SPACIOUS HOME, MAINTENANCE-FREE LIFESTYLE AND PRIORITY ACCESS TO QUALITY HEALTH CARE, IF NEEDED.


ASSISTED LIVING: IN PALMVIEW AT GULF COAST VILLAGE, RESIDENTS LIVE CONFIDENTLY AND FREELY IN A UNIQUE ENVIRONMENT OFFERING CHOICES AND OPTIONS THAT EMPOWER THEM TO MAKE THEIR OWN DECISIONS WITHIN A STRONG NETWORK OF SUPPORT. A FOCUS ON WHOLE PERSON WELLNESS THROUGH THE "LIVINGWELL" PROGRAM MEANS RESIDENTS BECOME A PART OF A NURTURING COMMUNITY WHERE ALL RESIDENTS CAN ACHIEVE A LEVEL OF WELLNESS UNIQUE TO THEMSELVES.


OTHER PROGRAM SERVICES FOR THE YEAR ENDED 6/30/21 INCLUDE REHABILITATION SERVICES AND PROVIDER RELIEF FUNDS FROM THE CARES ACT. REHABILITATION SERVICES ARE OUTPATIENT SERVICES BY GULF COAST VILLAGE, WHICH PROVIDE PATIENTS QUALITY THERAPEUTIC SERVICES AT HOME OR IN THE FULL-SERVICE CLINIC. THE SKILLED TEAM OF EXPERIENCED PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS CUSTOMIZE EACH PROGRAM TO MEET THE SPECIFIC VARYING NEEDS OF EACH PATIENT. THE PROVIDER RELIEF FUNDS FROM THE CARES ACT REPRESENT FUNDS RECOGNIZED AS REVENUE DURING THE FISCAL YEAR DUE TO OFFSETTING COVID-19 RELATED EXPENSES AND LOST PATIENT CARE REVENUES AS A RESULT OF COVID-19.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Greystone Management Services
Mngmt Consulting
$568,860
Guardian Pharmacy
Healthcare Services
$711,789
Glynn Devins
Marketing
$435,786
Network Factor
It Support
$403,660
Medline Industries
Healthcare Services
$337,461
Guardian Pharmacy
Healthcare Services
$711,789
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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$7,377
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,377
Total Program Service Revenue$32,952,315
Investment income $355,223
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $320,944
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $33,635,859

Endowment Analysis

Beg. Balance$234,731
Earnings$53,753
Ending Balance$288,484

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