Pines Of Sarasota Inc

Organization Overview

Pines Of Sarasota Inc is located in Sarasota, 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. Pines Of Sarasota 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, Pines Of Sarasota Inc generated $174.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (36.0%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. 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 PURPOSE OF THE ORGANIZATION IS TO OWN AND MAINTAIN A 39 UNIT ASSISTED LIVING FACILITY PRIMARILY FOR AGED AND FINANCIALLY NEEDY RESIDENTS OF SARASOTA COUNTY

Describe the Organization's Program Activity:

Part 3 - Line 4a

OWN AND MAINTAIN A 39 UNIT ASSISTED LIVING FACILITY PRIMARILY FOR AGED AND FINANCIALLY NEEDY RESIDENTS


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Board, Officers & Key Employees

Name (title)Compensation
Ken Abraham
Chair
$0
K Judson Boedecker
Director
$0
Marla Doss
Director
$0
John Harshman
Director
$0
Jeffrey L Schmidt
Director
$0
John Schaub
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Us Foodservice Inc
Food
$826,445
Willis A Smith Construction Inc
Construction
$603,139
Mckesson Medical-surgical
Medical Supplies
$272,445
Mediserv Pharmacy
Pharmacy
$197,271
Modular Doc Solutions Llc
Copier Solutions
$114,966
View All Vendors

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$174,842
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 $174,842

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Pines Of Sarasota Inc has recieved totaling $136,724.

Awarding OrganizationAmount
$98,224
$30,000
Junior League Of Sarasota Inc

Sarasota, FL

PURPOSE: THIS GRANT WILL EQUIP A PRE-K CLASSROOM WITH THE NECESSARY TOOLS AND MATERIALS FOR CHILDREN.

$5,000
$2,000
$1,000
Church Mutual Insurance Company Foundation Inc

Merrill, WI

PURPOSE: PINES SENIOR CARE FACILITY, A NOT-FOR-PROFIT SENIOR CARE FACILITY.

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$28,248,299
Earnings-$282
Net Contributions$761,263
Grants$20,573,901
Ending Balance$8,435,379

Peer Organizations

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