Nonprofit · EIN 23-7359894
PARK OF THE PALMS INC
Tax-exempt · KEYSTONE HGTS, FL 32656
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,747,428 | $2,704,447 | $42,981 | $3,873,937 | $719,970 | $3,153,967 |
| December 31, 2023 | 990 | $2,523,668 | $2,399,601 | $124,067 | $3,899,639 | $788,653 | $3,110,986 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $63,055
- Program service revenue
- $2,644,518
- Investment income
- $28,330
- Net gain from sales of assets
- -$2,273
- Other revenue
- $11,525
Expenses
- Grants and similar amounts paid
- $12,389
- Compensation of officers, directors and key employees
- $140,021
- Other salaries and wages
- $1,255,649
- Salaries, compensation and benefits (total)
- $1,543,389
- Professional fundraising fees
- $0
- Legal fees
- $150
- Accounting fees
- $50,500
- Occupancy
- $502,261
- Depreciation
- $198,312
- Program services (functional)
- $2,232,387
- Management and general (functional)
- $472,060
Balance sheet and other
- Total assets, start of year
- $3,899,639
- Total assets, end of year
- $3,873,937
- Total liabilities, end of year
- $719,970
- Net assets, end of year
- $3,153,967
- Land, buildings and equipment
- $3,028,981
- Net assets without donor restrictions
- $3,146,887
- Net assets with donor restrictions
- $7,080
- Gross receipts
- $2,749,701
- Employees
- 73
- Volunteers
- 4
- Year formed
- 1974
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CATHERINE MILLIGAN | PRESIDENT Officer | 40 | $73,277 | $0 |
| HELEN CRIBBS | VICE PRESIDENT Officer | 40 | $64,800 | $1,944 |
| ALAN L MOJONNIER | CHAIRMAN Trustee or director, Officer | 7 | $0 | $0 |
| GARY C WAINWRIGHT | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| WILLIAM NEUFELD | TREASURER Trustee or director, Officer | 7 | $0 | $0 |
| MIKE DYKES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUSTIN WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CATHERINE MILLIGAN | PRESIDENT Officer | 40 | $69,433 | $1,346 |
| HELEN CRIBBS | VICE PRESIDENT Officer | 40 | $59,876 | $1,798 |
| ALAN L MOJONNIER | CHAIRMAN Trustee or director, Officer | 7 | $0 | $0 |
| WILLIAM COYLE JR | VICE CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| GARY C WAINWRIGHT | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| WILLIAM NEUFELD | TREASURER Trustee or director, Officer | 7 | $0 | $0 |
| MARK PRESSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE DYKES | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 204 MARANATHA RD, KEYSTONE HGTS, FL 32656-9189
- Principal officer (990 for 2024)
- DENISE CRIBBS, 204 MARANATHA RD, KEYSTONE HEIGHTS, FL 326569189
- Signed the 990
- DENISE CRIBBS, PRESIDENT
- Phone
- (352) 473-6100
- Website
- HTTPS://PARKOFTHEPALMS.ORG/
- Return prepared by
- JAMES MOORE & CO PL
Mission
PARK OF THE PALMS SERVES AS A SANCTUARY TO MEET THE PHYSICAL AND SPIRITUAL NEEDS OF AN AGING POPULATION AND IS A SOURCE OF SPIRITUAL LIGHT TO ITS RESIDENTS AND THE SURROUNDING COMMUNITY. THE VISION OF THE PARK OF THE PALMS, INC. IS TO SERVE AN AGING POPULATION WITH THE HIGHEST LEVEL OF COMPREHENSIVE AND INDIVIDUALIZED CARE POSSIBLE. THIS EFFORT IS MADE POSSIBLE IN BEAUTIFUL INDEPENDENT LIVING STRUCTURES AND AN ASSISTED LIVING FACILITY.
Program accomplishments
- PROVIDED HOUSING FOR INDEPENDENT RESIDENTS WITH MAINTENANCE AND OVERHEAD SUPPORT FOR THEIR ACCOMMODATIONS IN A SAFE LIVING ENVIRONMENT. ALSO PROVIDED OPTIONAL FOOD SERVICE, POOL ACCESS, AND VARIOUS ON CAMPUS ACTIVITIES. ADDITIONALLY PARK OF THE PALMS, INC. PROVIDED A SAFE AND FRIENDLY LIVING ENVIRONMENT FOR RESIDENTS REQUIRING ASSISTANCE WITH DAILY LIVING WITH LIMITED NURSING CARE, FOOD SERVICE, AND DAILY ACTIVITIES.Expenses $2,232,387 · grants $12,389 · revenue $2,656,043
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7359894
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1974
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $3,873,937
- Income (IRS master file)
- $2,749,701
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,747,428 | $2,704,447 | $3,873,937 | XML |
| 990 | December 2023 | $2,523,668 | $2,399,601 | $3,899,639 | XML |
| 990 | December 2022 | $2,279,698 | $2,209,282 | $3,985,170 | IRS |
| 990 | December 2021 | $2,081,468 | $2,117,164 | $4,087,764 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7359894).
Questions about PARK OF THE PALMS INC
- What is the EIN of PARK OF THE PALMS INC?
- The employer identification number (EIN) of PARK OF THE PALMS INC is 23-7359894.
- Is PARK OF THE PALMS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
- Are donations to PARK OF THE PALMS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARK OF THE PALMS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PARK OF THE PALMS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARK OF THE PALMS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PARK OF THE PALMS INC?
- The 990 for the year ended December 31, 2024 names DENISE CRIBBS.
- Who are the officers and directors of PARK OF THE PALMS INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $73,277 (CATHERINE MILLIGAN, PRESIDENT).
- How much revenue does PARK OF THE PALMS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,747,428, expenses of $2,704,447 and total assets of $3,873,937 at year end.
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All nonprofits in KEYSTONE HGTS · Florida · Housing and shelter