Nonprofit · EIN 58-3725912
PALM SHORES RETIREMENT COMMUNITY INC
Tax-exempt · ORLANDO, FL 32801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $16,722,614 | $16,064,239 | $658,375 | $53,157,819 | $39,681,250 | $13,476,569 |
| March 31, 2024 | 990 | $16,663,165 | $16,480,580 | $182,585 | $39,523,408 | $26,519,722 | $13,003,686 |
| March 31, 2023 | 990 | $16,542,184 | $16,383,630 | $158,554 | $36,753,794 | $24,855,812 | $11,897,982 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $56,717
- Program service revenue
- $16,043,252
- Investment income
- $558,230
- Net gain from sales of assets
- $381,888
- Other revenue
- $64,415
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $5,462,814
- Salaries, compensation and benefits (total)
- $6,517,678
- Professional fundraising fees
- $0
- Legal fees
- $6,319
- Accounting fees
- $18,508
- Occupancy
- $962,323
- Travel
- $12,996
- Depreciation
- $2,239,296
- Program services (functional)
- $12,944,080
- Management and general (functional)
- $3,043,446
- Fundraising (functional)
- $76,713
Balance sheet and other
- Total assets, start of year
- $39,523,408
- Total assets, end of year
- $53,157,819
- Total liabilities, end of year
- $39,681,250
- Net assets, end of year
- $13,476,569
- Land, buildings and equipment
- $28,645,001
- Net assets without donor restrictions
- $13,146,754
- Net assets with donor restrictions
- $329,815
- Gross receipts
- $19,366,840
- Employees
- 166
- Volunteers
- 181
- Year formed
- 2001
- 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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TERENCE ROGERS | CEO/PRESIDEN Trustee or director, Officer | – | $0 | $1,176,383 | $33,597 |
| HENRY T KEITH | CEO/PRESIDEN Trustee or director, Officer | – | $0 | $682,696 | $32,133 |
| GARRY HENNIS | COO/EXEC VP Officer | – | $0 | $648,336 | $32,799 |
| JENNIFER MARTENS | CFO/TREASUR/ Trustee or director, Officer | – | $0 | $275,285 | $26,215 |
| PAMELA ADAMS | DIRECTOR OF Highest-paid employee | 40 | $170,575 | $0 | $10,811 |
| ALPHONSE JOHNSON | DIRECTOR OF Highest-paid employee | 40 | $162,545 | $0 | $6,282 |
| MICHELLE MONTIEL | HUMAN RESOUR Highest-paid employee | 40 | $121,431 | $0 | $14,523 |
| HOLLIE MCAULIFFE | DINING SERVI Highest-paid employee | 40 | $111,272 | $0 | $11,837 |
| JOHN HILLENMEYER | CHAIRMAN Trustee or director, Officer | – | $0 | $0 | $0 |
| DONALD DODDRIDGE | CHAIRMAN Trustee or director, Officer | – | $0 | $0 | $0 |
| HENRY T KEITH | CFO/TREASUR/ Trustee or director, Officer | – | $0 | $0 | $0 |
| MEGAN FAUBEL | SECRETARY Officer | – | $0 | $0 | $0 |
990 for the year ended March 31, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TERENCE ROGERS | CEO/PRESIDEN Trustee or director, Officer | – | $0 | $791,826 | $44,437 |
| HENRY T KEITH | CFO/TREASUR/ Trustee or director, Officer | – | $0 | $613,220 | $29,978 |
| GARRY HENNIS | COO/EXEC VP Officer | – | $0 | $564,179 | $28,188 |
| ALPHONSE JOHNSON | DIRECTOR OF Highest-paid employee | 40 | $160,200 | $0 | $8,197 |
| PAMELA ADAMS | DIR OF SALES Highest-paid employee | 40 | $144,034 | $0 | $7,624 |
| JOSE VALCOURT | DIR OF MAINT Highest-paid employee | 40 | $113,940 | $0 | $13,677 |
| HOLLIE MCAULIFFE | DINING SVCS Highest-paid employee | 40 | $100,512 | $0 | $10,274 |
| DEBORAH MCMILLAN | ASSIST DIR O Highest-paid employee | 40 | $101,486 | $0 | $3,603 |
| JOHN HILLENMEYER | CHAIRMAN Trustee or director, Officer | – | $0 | $0 | $0 |
| MEGAN FAUBEL | SECRETARY Officer | – | $0 | $0 | $0 |
990 for the year ended March 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TERENCE ROGERS | CEO/PRESIDEN Trustee or director, Officer | – | $0 | $664,385 | $36,488 |
| HENRY T KEITH | CFO/TREASUR/ Trustee or director, Officer | – | $0 | $530,394 | $24,643 |
| GARRY HENNIS | COO/EXEC VP Officer | – | $0 | $464,464 | $20,996 |
| MERRILYN TOERNER | DIRECTOR OF Highest-paid employee | 40 | $191,651 | $0 | $8,033 |
| ALPHONSE JOHNSON | DIRECTOR OF Highest-paid employee | 40 | $162,236 | $0 | $13,662 |
| KEVIN NICHOLS | ADMISSION CO Highest-paid employee | 40 | $121,821 | $0 | $9,393 |
| SAMANTHA BRUNER | HR DIRECTOR Highest-paid employee | 40 | $104,131 | $0 | $5,126 |
| JOHN HILLENMEYER | CHAIRMAN Trustee or director, Officer | – | $0 | $0 | $0 |
| MEGAN FAUBEL | SECRETARY Officer | – | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 80 W LUCERNE CIR, ORLANDO, FL 32801-3779
- Principal officer (990 for 2024)
- JENNIFER MARTENS, 80 WEST LUCERNE CIRCLE, ORLANDO, FL 32801
- Signed the 990
- JENNIFER MARTENS, CFO/TREASUR/EXEC VP
- Phone
- (407) 839-5050
- Return prepared by
- HOSKINS QUIROS PATEL & LOID CPA LLC
Mission
PALM SHORES RETIREMENT COMMUNITY, INC. IS A CHURCH RELATED, NON-PROFIT COMMUNITY SERVICE ORGANIZATION DEDICATED AND COMMITTED TO PROVIDING SERVICES FOR OLDER ADULTS AND PERSONS WITH SPECIAL NEEDS BY CREATING AND PRESERVING AN EXCELLENT RESIDENTIAL AND HEALTH CARE COMMUNITY PROMOTING WELLNESS AND ENCOURAGING ACTIVE AND HEALTHY LIFESTYLE CHOICES. PALM SHORES RETIREMENT COMMUNITY, INC. BELIEVES IN AND IS COMMITTED TO HONORING EACH PERSON'S DIGNITY, RIGHTS, SELF RESPECT AND INDEPENDENCE. PALM SHORES RETIREMENT COMMUNITY, INC. IS COMMITTED TO A PROGRAM OF STEWARDSHIP THAT RECOGNIZES ITS RESPONSIBILITY TO USE ITS RESOURCES WELL.
Program accomplishments
- HOME FOR THE AGED THAT PROVIDES HOUSING, DINING, HEALTH CARE AND OTHER SERVICES FOR OLDER ADULTS AND PERSONS WITH SPECIAL NEEDS. OVER 200 CLIENTS WERE SERVED.Expenses $12,944,080 · revenue $16,043,252
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 58-3725912
- 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
- 2002
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $53,157,819
- Income (IRS master file)
- $19,366,840
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $16,722,614 | $16,064,239 | $53,157,819 | XML |
| 990 | March 2024 | $16,663,165 | $16,480,580 | $39,523,408 | XML |
| 990 | March 2023 | $16,542,184 | $16,383,630 | $36,753,794 | XML |
| 990 | March 2022 | $16,521,390 | $14,163,115 | $37,421,751 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990 | March 2018 | – | – | – | 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 58-3725912).
Questions about PALM SHORES RETIREMENT COMMUNITY INC
- What is the EIN of PALM SHORES RETIREMENT COMMUNITY INC?
- The employer identification number (EIN) of PALM SHORES RETIREMENT COMMUNITY INC is 58-3725912.
- Is PALM SHORES RETIREMENT COMMUNITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to PALM SHORES RETIREMENT COMMUNITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALM SHORES RETIREMENT COMMUNITY 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 PALM SHORES RETIREMENT COMMUNITY INC due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PALM SHORES RETIREMENT COMMUNITY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of PALM SHORES RETIREMENT COMMUNITY INC?
- The 990 for the year ended March 31, 2025 names JENNIFER MARTENS.
- Who are the officers and directors of PALM SHORES RETIREMENT COMMUNITY INC?
- The 990 for the year ended March 31, 2025 lists 12 people; 4 received compensation from the organization.
- How much revenue does PALM SHORES RETIREMENT COMMUNITY INC have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $16,722,614, expenses of $16,064,239 and total assets of $53,157,819 at year end.
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