Florida Pace Centers Inc
- Assets
- $59.9m
- Revenue
- $73.6m
- Investments
- $0.0
- Employees
- 223
- Location
- Miami, FL
- Founding
- 09/2014
- Data as of
- 06/2021
- EIN
- 65-1051439
Organization Overview
Florida Pace Centers Inc is located in Miami, FL. The organization was established in 2014. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Florida Pace Centers Inc employed 223 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Pace Centers 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 06/2021, Florida Pace Centers Inc generated $73.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $65.7m during the year ending 06/2021. While expenses have increased by 11.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HEALTH AND SUPPORTIVE SERVICES TO SENIORS LIVING AT HOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES HEALTH AND SUPPORTIVE SERVICES TO THE FRAIL ELDERLY, WHO MEET THE STATE OF FLORIDA DEPARTMENT OF ELDER AFFAIRS' REQUIREMENTS FOR NURSING HOME LEVEL CARE, BUT PREFER TO REMAIN IN THEIR HOMES. THROUGH ITS MULTI-DISCIPLINARY TEAM, THE PACE PROGRAM IS RESPONSIBLE FOR COORDINATING AND CONTRACTING TO PROVIDE MEDICAL SERVICES, IN-PATIENT AND OUT-PATIENT HOSPITAL SERVICES, PHARMACY SERVICES, AND IN-HOME SERVICES. IN THE CURRENT YEAR, THE ORGANIZATION PROVIDED SERVICES TO 930 ELDERLY INDIVIDUALS.
THE ORGANIZATION PROVIDES HEALTH AND SUPPORTIVE SERVICES TO THE FRAIL ELDERLY, WHO MEET THE STATE OF FLORIDA DEPARTMENT OF ELDER AFFAIRS' REQUIREMENTS FOR NURSING HOME LEVEL CARE, BUT PREFER TO REMAIN IN THEIR HOMES. THROUGH ITS MULTI-DISCIPLINARY TEAM, THE PACE PROGRAM IS RESPONSIBLE FOR COORDINATING AND CONTRACTING TO PROVIDE MEDICAL SERVICES, IN-PATIENT AND OUT-PATIENT HOSPITAL SERVICES, PHARMACY SERVICES, AND IN-HOME SERVICES. IN THE CURRENT YEAR, THE ORGANIZATION PROVIDED SERVICES TO AN AVERAGE OF 917 ELDERLY INDIVIDUALS EACH MONTH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edilia Alzugaray Medical Director | Officer | 40 | $293,961 |
Steven Hess Chief Operating Officer | Officer | 40 | $255,524 |
Madeline Castro Medical Director | Officer | 40 | $250,001 |
Ivan Dominguez Casillas Medical Director | Officer | 40 | $227,307 |
Iriana Hammel Medical Director (ending 10/2020) | Officer | 40 | $225,842 |
Neldes Marranzini Alfaro Chief Medical Director (ending 10/2020) | Officer | 40 | $210,941 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Integrated Regional Laboratories Healthcare Services | 6/29/21 | $703,254 |
Mount Sinai Medical Center Healthcare Services | 6/29/21 | $1,950,640 |
Hialeah Hospital Healthcare Services | 6/29/21 | $1,225,422 |
Seasons Hospice And Palliative Care Healthcare Services | 6/29/21 | $563,006 |
North Shore Medical Center Healthcare Services | 6/29/21 | $516,472 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $73,553,263 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $73,566,290 |
| 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. | $1,423,759 |
| Compensation of current officers, directors, key employees. | $284,752 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,841,377 |
| Pension plan accruals and contributions | $178,590 |
| Other employee benefits | $757,306 |
| Payroll taxes | $790,548 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $89,249 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,613,875 |
| Advertising and promotion | $35,670 |
| Office expenses | $65,308 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $855,819 |
| Travel | $74,112 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,418 |
| Interest | $82,444 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $934,893 |
| Insurance | $182,007 |
| All other expenses | $158,387 |
| Total functional expenses | $65,733,439 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,009,496 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $61,934 |
| Prepaid expenses and deferred charges | $122,304 |
| Net Land, buildings, and equipment | $1,355,037 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,317,064 |
| Other assets | $55,030,399 |
| Total assets | $59,896,234 |
| Accounts payable and accrued expenses | $10,761,924 |
| Grants payable | $0 |
| Deferred revenue | $134,528 |
| Tax-exempt bond liabilities | $0 |
| 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 | $0 |
| Other liabilities | $917,976 |
| Total liabilities | $11,814,428 |
| Net assets without donor restrictions | $48,081,806 |
| Net assets with donor restrictions | $0 |
| 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 | $59,896,234 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Florida Pace Centers Inc has recieved totaling $212,792.
| Awarding Organization | Amount |
|---|---|
Alliance For Aging Inc Miami, FL PURPOSE: TO PROVIDE GRANTS TO ORGANIZATIONS ASSISTING THE ELDERLY | $212,792 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida Pace Centers Inc Miami, FL | $59,896,234 | $73,566,290 |
Vsu Auxiliary Services Real Estatefoundation Inc Valdosta, GA | $163,910,452 | $6,694,353 |
230 John Wesley Dobbs Boulevard Ventures Inc Atlanta, GA | $13,295,834 | $2,161,354 |
Lotus Endowment Fund Inc Miami Beach, FL | $47,005,317 | $1,449,247 |
Suncoast Manor Foundation Inc Orlando, FL | $5,520,358 | $1,508,546 |
University Plaza Properties Inc N Miami Beach, FL | $1,282,739 | $2,034,753 |
Ponce Plaza Properties Inc N Miami Beach, FL | $70,707 | -$7,840,527 |
Early Learning Property Management Inc Atlanta, GA | $26,441,881 | $2,751,537 |
Bright Community Trust Inc Clearwater, FL | $17,021,807 | $2,241,118 |
Arch Plaza Properties Inc N Miami Beach, FL | $36,348 | $836,763 |
Local Community Housing Corporation Tarpon Springs, FL | $1,361,837 | $599,108 |
Lhanc Real Estate Holdings Inc Miami, FL | $34,237 | $680,000 |