Naval Continuing Care Retirement Foundation Inc

Organization Overview

Naval Continuing Care Retirement Foundation Inc, operating under the name Fleet Landing, is located in Atlantic Beach, FL. The organization was established in 1987. 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, Fleet Landing employed 675 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fleet Landing 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, Fleet Landing generated $54.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $52.2m during the year ending 12/2021. While expenses have increased by 7.9% 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENRICH THE LIVES OF OLDER ADULTS THROUGH PROGRAMS AND SERVICES TO SUPPORT SUCCESSFUL AGING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES RESIDENTIAL, HEALTH CARE, AND OTHER RELATED SERVICES FOR RESIDENTS, INCLUDING RETIRED CAREER U.S. MILITARY OFFICERS, THEIR SPOUSES, AND OTHERS OF RETIREMENT AGE. THE ORGANIZATION OWNS AND OPERATES A RETIREMENT COMMUNITY CONSISTING OF 482 RESIDENTIAL UNITS (292 APARTMENTS AND 190 HOMES), 138 ASSISTED LIVING AND MEMORY CARE UNITS, AND IS LICENSED FOR 100 SKILLED NURSING BEDS. TOTAL PATIENT DAYS FOR THE YEAR: 198,901 DAYS - INDEPENDENT LIVING; 34,365 DAYS - ASSISTED LIVING; AND 19,398 DAYS - SKILLED NURSING.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,824,533
All other contributions, gifts, grants, and similar amounts not included above$825,096
Noncash contributions included in lines 1a–1f $323,962
Total Revenue from Contributions, Gifts, Grants & Similar$8,649,629
Total Program Service Revenue$42,527,512
Investment income $783,392
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,008,335
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $53,968,868

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Naval Continuing Care Retirement Foundation Inc has recieved totaling $20,000.

Awarding OrganizationAmount
Raymond James Charitable Endowment Fund

St Petersberg, FL

PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT

$10,000
Raymond James Charitable Endowment Fund

St Petersberg, FL

PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT

$10,000
View Grant Recipient Profile

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