Life Care St Johns Inc
- Assets
- $0.0
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 252
- Location
- Ponte Vedra Beach, FL
- Founding
- Data as of
- 12/2017
- EIN
- 59-3474627
Organization Overview
Life Care St Johns Inc is located in Ponte Vedra Beach, FL. As of 12/2017, Life Care St Johns Inc employed 252 individuals. Life Care St Johns 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 12/2017, Life Care St Johns Inc generated $8.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $12.0m during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 3 years. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOR THE HOUSING, PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL, RELIGIOUS, HEALTH CARE AND FINANCIAL SECURITY NEEDS OF THE RESIDENTS OF GLENMOOR - A LIFE CARE RESORT COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUING CARE PROVIDED TO OCCUPANTS OF A 223 UNIT LIFECARE COMMUNITY CONSISTING OF 157 INDEPENDENT LIVING UNITS, 30 SKILLED NURSING UNITS AND 36 ASSISTED LIVING UNITS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Fetherston Board Chair | OfficerTrustee | 6 | $0 |
William Murdock Board Member | Trustee | 6 | $0 |
John Storm Board Member | Trustee | 1 | $0 |
Rodney Bruce Board Member | Trustee | 4 | $0 |
Richard Kohler Board Member | Trustee | 4 | $0 |
Buck Fowler Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Life Care Pastoral Services Inc Management Contract | 12/30/17 | $296,876 |
Abacus Contracting Llc Construction Services | 12/30/17 | $770,363 |
Thames Markey And Heekin Legal Counsel | 12/30/17 | $340,885 |
Brightview Landscape Services Inc Landscaping Services | 12/30/17 | $211,667 |
Greystone Development Co Iilp Total Reorganization/bankruptcy Services | 12/30/17 | $110,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $128,300 |
| 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 | $128,300 |
| Total Program Service Revenue | $8,340,543 |
| Investment income | $49,281 |
| 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 | $8,518,124 |
| 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 | $2,779,073 |
| Pension plan accruals and contributions | $34,786 |
| Other employee benefits | $607,768 |
| Payroll taxes | $219,103 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,518 |
| Fees for services: Accounting | $3,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,241 |
| Fees for services: Other | $626,901 |
| Advertising and promotion | $44,785 |
| Office expenses | $81,648 |
| Information technology | $34,867 |
| Royalties | $0 |
| Occupancy | $859,457 |
| Travel | $23,848 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,140 |
| Interest | $2,134,529 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,184,806 |
| Insurance | $123,911 |
| All other expenses | $196,535 |
| Total functional expenses | $12,023,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |