Buena Vida Estates Incorporated

Organization Overview

Buena Vida Estates Incorporated is located in West Melbourne, FL. The organization was established in 1980. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buena Vida Estates Incorporated 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, Buena Vida Estates Incorporated generated $10.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $9.6m during the year ending 12/2021. While expenses have increased by 0.4% 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

BUENA VIDA ESTATES, INC. (ORGANIZATION) WAS INCORPORATED IN THE STATE OF FLORIDA ON JUNE 9, 1980, TO OPERATE A CONTINUING CARE RETIREMENT COMMUNITY FOR SENIOR CITIZENS. THE FACILITY IS LOCATED IN WEST MELBOURNE, FLORIDA AND CONSISTS OF 210 LICENSED RESIDENTIAL UNITS INCLUDING A 48-UNIT ASSISTED LIVING FACILITY, PLUS AN ADMINISTRATIVE AND SUPPORT AREA. THE ORGANIZATIONS ACTIVITIES ARE REGULATED BY THE FLORIDA DEPARTMENT OF FINANCIAL SERVICES, OFFICE OF INSURANCE REGULATION (OIR). THE ORGANIZATION IS SUPPORTED PRIMARILY BY ENTRANCE FEES AND MONTHLY SERVICE FEES PAID BY THE RESIDENTS. THE ORGANIZATION PROVIDES THEIR RESIDENTS RETIREMENT LIVING WITH MEDICAL SUPPORT FACILITIES AND FULL SERVICE AMENITIES THAT INCLUDE RESTAURANT STYLE DINING AND OTHER RETIREMENT ACTIVITIES.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $88,329
Dividends & Interest $50,628
Net Rental Income$0
Net Gain on Sale of Assets $4,614
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $10,805,253
Total Revenue $10,948,824

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