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Nonprofit · EIN 59-1453706

BAY VILLAGE OF SARASOTA INC

Tax-exempt · SARASOTA, FL 34231

Financials

$28M$28.3M2023$29.3M$30.3M2024$31M$31M2025
Revenue Expenses · by fiscal year end
Financials of BAY VILLAGE OF SARASOTA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$31,011,905$30,998,254$13,651$73,425,034$36,365,372$37,059,662
December 31, 2024990$29,345,000$30,336,478-$991,478$69,840,355$33,327,870$36,512,485
December 31, 2023990$28,023,626$28,312,483-$288,857$67,009,582$29,996,606$37,012,976
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$147,600
Program service revenue
$29,997,585
Investment income
$716,164
Net rental income
$150,556
Net gain from sales of assets
-$18,943
Other revenue
$150,556

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$966,501
Other salaries and wages
$12,642,285
Salaries, compensation and benefits (total)
$16,502,643
Professional fundraising fees
$0
Legal fees
$23,347
Accounting fees
$56,916
Occupancy
$1,574,253
Travel
$570
Depreciation
$5,231,164
Program services (functional)
$29,007,115
Management and general (functional)
$1,991,139

Balance sheet and other

Total assets, start of year
$69,840,355
Total assets, end of year
$73,425,034
Total liabilities, end of year
$36,365,372
Net assets, end of year
$37,059,662
Land, buildings and equipment
$44,646,178
Publicly traded securities
$13,965,604
Net assets without donor restrictions
$37,059,662
Gross receipts
$42,793,531
Employees
382
Volunteers
150
Year formed
1972
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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ERIC NICHOLSPRESIDENT & CEO
Officer
40$394,285$22,782
CHRISTINA R WIZBACFO
Officer
40$309,009$21,406
JENNIFER GRIMESCOO
Officer
40$209,007$10,012
LAURA PITCHERMARKETING DIRECTOR
Highest-paid employee
40$147,838$15,964
ADRIANNE KEWNEYR.N.
Highest-paid employee
40$148,423$10,012
IVANA FIELDSR.N.
Highest-paid employee
40$133,610$15,462
KIMBERLY ROTHNURSING DIRECTOR
Highest-paid employee
40$130,881$15,191
CASSANDRA RUSSELLACCOUNTANT
Highest-paid employee
40$113,603$14,651
ABIGAIL ROBINSONDIRECTOR
Trustee or director
1$0$0
ANDREW OLWERTDIRECTOR
Trustee or director
1$0$0
JOHN PENNDIRECTOR
Trustee or director
1$0$0
SALLY SEEGERSECRETARY
Trustee or director, Officer
1$0$0
THOMAS COMBSDIRECTOR
Trustee or director
1$0$0
ROBERT SHERWOODCHAIR
Trustee or director, Officer
1$0$0
KATHLEEN JUNKINSDIRECTOR
Trustee or director
1$0$0
6 more people on this return
NameTitleHours / weekCompensation
DONALD GOODRICHVICE CHAIR
Trustee or director, Officer
1$0
DONALD SNYDERPAST CHAIRMAN
Trustee or director, Officer
1$0
KRISTINE NICKELDIRECTOR
Trustee or director
1$0
PETER HOSMERDIRECTOR
Trustee or director
1$0
THOMAS HOWETREASURER
Trustee or director, Officer
1$0
THOMAS TAYLORDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 20 people
NameTitleHours / weekCompensationOther / benefits
ERIC NICHOLSPRESIDENT & CEO
Officer
40$409,336$21,906
CHRISTINA R WIZBACFO
Officer
40$289,663$20,268
JENNIFER GRIMESCOO
Officer
40$190,667$9,686
LAURA PITCHERMARKETING DIRECTOR
Highest-paid employee
40$146,038$15,587
KAREN ZIKOVICHL.P.N.
Highest-paid employee
40$129,672$11,956
IVANA FIELDSR.N.
Highest-paid employee
40$128,517$11,193
KIMBERLY ROTHNURSING DIRECTOR
Highest-paid employee
40$124,367$14,698
SARANTSETSEG ROHDEMANL.P.N.
Highest-paid employee
40$131,534$7,425
CAROLYN BLUMDIRECTOR
Trustee or director
1$0$0
THOMAS COMBSDIRECTOR
Trustee or director
1$0$0
DONALD GOODRICHDIRECTOR
Trustee or director
1$0$0
THOMAS HOWEDIRECTOR
Trustee or director
1$0$0
KATHLEEN JUNKINSDIRECTOR
Trustee or director
1$0$0
ANDY OLWERTDIRECTOR
Trustee or director
1$0$0
JOHN PENNDIRECTOR
Trustee or director
1$0$0
ABIGAIL ROBINSONDIRECTOR
Trustee or director
1$0$0
THOMAS TAYLORPAST CHAIRMAN
Trustee or director
1$0$0
DONALD SNYDERCHAIRMAN
Trustee or director, Officer
1$0$0
SALLY SEEGERSECRETARY
Trustee or director, Officer
1$0$0
ROBERT SHERWOODVICE CHAIR/TREASURER
Trustee or director, Officer
1$0$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensationOther / benefits
ERIC NICHOLSPRESIDENT & CEO
Officer
40$396,729$21,028
CHRISTINA R WIZBACFO
Officer
40$279,400$19,505
JENNIFER GRIMESCOO
Officer
40$182,382$9,287
BONNIE COMBSC.N.A.
Highest-paid employee
40$152,179$17,101
SARANTSETSEG ROHDEMANL.P.N.
Highest-paid employee
40$147,654$15,327
LAURA PITCHERMARKETING DIRECTOR
Highest-paid employee
40$144,881$15,081
KAREN ZIKOVICHL.P.N.
Highest-paid employee
40$135,388$9,287
ADRIANNE KEWNEYR.N.
Highest-paid employee
40$126,553$8,583
CAROLYN BLUMDIRECTOR
Trustee or director
1$0$0
THOMAS COMBSDIRECTOR
Trustee or director
1$0$0
KEVIN HICKSDIRECTOR
Trustee or director
1$0$0
KATHLEEN JUNKINSDIRECTOR
Trustee or director
1$0$0
ANDY OLWERTDIRECTOR
Trustee or director
1$0$0
JOHN PENNDIRECTOR
Trustee or director
1$0$0
ABIGAIL ROBINSONDIRECTOR
Trustee or director
1$0$0
THOMAS TAYLORDIRECTOR
Trustee or director
1$0$0
DONALD GOODRICHDIRECTOR
Trustee or director
1$0$0
THOMAS HOWEDIRECTOR
Trustee or director
1$0$0
KEVIN HAGANIMM. PAST CHAIRMAN
Trustee or director
1$0$0
DONALD SNYDERCHAIRMAN
Trustee or director, Officer
1$0$0
SALLY SEEGERSECRETARY
Trustee or director, Officer
1$0$0
ROBERT SHERWOODVICE CHAIR/TREASURER
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
8400 VAMO RD, SARASOTA, FL 34231-7807
Principal officer (990 for 2025)
ERIC T NICHOLS, 8400 VAMO RD, SARASOTA, FL 34231
Signed the 990
ERIC T NICHOLS, PRESIDENT & CEO
Phone
(941) 966-5611
Return prepared by
KERKERING BARBERIO & CO

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2025

Program accomplishments

  • OPERATION OF A CONTINUING CARE RETIREMENT COMMUNITY, INCLUDING 278 INDEPENDENT LIVING APARTMENTS, 22 ASSISTED LIVING APARTMENTS, 14 MEMORY CARE APARTMENTS, AND 95 HEALTH CENTER (SKILLED NURSING) BEDS IN SARASOTA, FLORIDA. IN 2025, BAY VILLAGE'S PROGRAMS SERVED APPROXIMATELY 403 RESIDENTS, INCLUDING 336 LIFE-CARE RESIDENTS AND 67 COMMUNITY RESIDENTS.
    Expenses $29,007,115 · revenue $29,997,585

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
59-1453706
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
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Assets (IRS master file)
$73,425,034
Income (IRS master file)
$42,793,531

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$31,011,905$30,998,254$73,425,034XML
990December 2024$29,345,000$30,336,478$69,840,355XML
990December 2023$28,023,626$28,312,483$67,009,582XML
990December 2022$29,906,888$23,147,278$64,329,444IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 59-1453706).

Questions about BAY VILLAGE OF SARASOTA INC

What is the EIN of BAY VILLAGE OF SARASOTA INC?
The employer identification number (EIN) of BAY VILLAGE OF SARASOTA INC is 59-1453706.
Is BAY VILLAGE OF SARASOTA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to BAY VILLAGE OF SARASOTA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BAY VILLAGE OF SARASOTA 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 BAY VILLAGE OF SARASOTA INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BAY VILLAGE OF SARASOTA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of BAY VILLAGE OF SARASOTA INC?
The 990 for the year ended December 31, 2025 names ERIC T NICHOLS.
Who are the officers and directors of BAY VILLAGE OF SARASOTA INC?
The 990 for the year ended December 31, 2025 lists 21 people; 8 received compensation from the organization, the highest $394,285 (ERIC NICHOLS, PRESIDENT & CEO).
How much revenue does BAY VILLAGE OF SARASOTA INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $31,011,905, expenses of $30,998,254 and total assets of $73,425,034 at year end.

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