Glenridge On Palmer Ranch Inc is located in Jacksonville, FL. The organization was established in 1998. 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 12/2021, Glenridge On Palmer Ranch Inc employed 425 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glenridge On Palmer Ranch 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 12/2021, Glenridge On Palmer Ranch Inc generated $37.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $39.6m during the year ending 12/2021. While expenses have increased by 1.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GLENRIDGE SUPPORTS ITS MEMBERS AND CREATES AN ACTIVE, CARING COMMUNITY BY PROVIDING A CONTINUUM OF QUALITY LIFESTYLE PROGRAMS, HEALTH CARE PROGRAMS, AND OUTSTANDING ENRICHMENT OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GLENRIDGE HAS A PERMANENT CERTIFICATE OF AUTHORITY AND CERTIFICATE OF NEED FROM THE STATE OF FLORIDA TO OPERATE AS A CONTINUING CARE RETIREMENT FACILITY. THE GLENRIDGE CONSTRUCTED A CONTINUING CARE RETIREMENT COMMUNITY CONTAINING APPROXIMATELY FOUR HUNDRED SIXTEEN (416) LIVING AND NURSING UNITS TO PROVIDE HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO RESIDENTS IN SARASOTA, FL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa K Snyder Director Of Life Planning | Officer | 40 | $172,528 |
Regina M Osborn Life Plan Consultant | Officer | 40 | $160,292 |
Pamela Turell Life Plan Consultant | Officer | 40 | $154,482 |
Robert D Sidlow Sales Counselor | 40 | $137,488 | |
Gary Franko Food Service Director | 40 | $108,136 | |
Christina Guimond Admin Office Director | 40 | $104,035 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Taylor Built Construction Inc Construction | 12/30/21 | $4,059,539 |
Deangelis Diamond Construction Construction | 12/30/21 | $2,690,355 |
Ring Power Corp Generator & Installation | 12/30/21 | $2,511,013 |
Wingate Insurance Co Employee Group Benefits | 12/30/21 | $1,805,223 |
Praxeis Llc Managment & Accounting Services | 12/30/21 | $1,283,553 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $514,005 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $917,705 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,431,710 |
Total Program Service Revenue | $39,674,927 |
Investment income | $441,649 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$4,303,106 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $37,245,180 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $11,856,202 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,696,753 |
Payroll taxes | $927,968 |
Fees for services: Management | $1,197,925 |
Fees for services: Legal | $106,163 |
Fees for services: Accounting | $88,557 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $117,225 |
Advertising and promotion | $1,042,144 |
Office expenses | $307,943 |
Information technology | $303,827 |
Royalties | $0 |
Occupancy | $1,517,073 |
Travel | $27,014 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $32,770 |
Interest | $7,811,986 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,000,658 |
Insurance | $997,121 |
All other expenses | $1,176,355 |
Total functional expenses | $39,640,306 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,105,800 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $581,125 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $120,527 |
Prepaid expenses and deferred charges | $1,107,478 |
Net Land, buildings, and equipment | $132,566,998 |
Investments—publicly traded securities | $23,835,665 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $26,695,136 |
Total assets | $194,012,729 |
Accounts payable and accrued expenses | $4,882,735 |
Grants payable | $0 |
Deferred revenue | $111,053,632 |
Tax-exempt bond liabilities | $145,203,432 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $15,831,000 |
Other liabilities | $19,912,538 |
Total liabilities | $296,883,337 |
Net assets without donor restrictions | -$105,131,549 |
Net assets with donor restrictions | $2,260,941 |
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 | $194,012,729 |
Over the last fiscal year, we have identified 1 grants that Glenridge On Palmer Ranch Inc has recieved totaling $822,102.
Awarding Organization | Amount |
---|---|
Glenridge Charitable Foundation Inc Jacksonville, FL PURPOSE: CHARITABLE | $822,102 |
Beg. Balance | $1,357,942 |
Earnings | $127,400 |
Net Contributions | $892,406 |
Other Expense | $116,807 |
Ending Balance | $2,260,941 |
Organization Name | Assets | Revenue |
---|---|---|
Christian & Missionary Alliance Foundation Inc Fort Myers, FL | $765,754,381 | $132,801,678 |
Miami Jewish Health Systems Inc Miami, FL | $91,015,655 | $95,541,241 |
The Moorings Incorporated Naples, FL | $850,838,065 | $103,391,616 |
Cornerstone Hospice & Palliative Care Inc Tavares, FL | $81,907,139 | $88,879,858 |
John Knox Village Of Florida Inc Pompano Beach, FL | $388,984,733 | $61,308,689 |
Naval Continuing Care Retirement Foundation Inc Atlantic Beach, FL | $325,372,144 | $53,968,868 |
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 |