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Nonprofit · EIN 59-1931148

SOUTHWEST FLORIDA RETIREMENT CENTER

Tax-exempt · VENICE, FL 34285

Financials

$36.6M$32M2023$34.6M$33.2M2024
Revenue Expenses · by fiscal year end
Financials of SOUTHWEST FLORIDA RETIREMENT CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$34,605,424$33,172,146$1,433,278$249,220,285$236,240,388$12,979,897
December 31, 2023990$36,598,123$32,041,994$4,556,129$168,064,374$157,153,891$10,910,483
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$528,859
Program service revenue
$31,689,784
Investment income
$1,989,871
Net rental income
$7,651
Net gain from sales of assets
$481,357
Net income from sales of inventory
-$99,114
Other revenue
$396,910

Expenses

Grants and similar amounts paid
$22,829
Compensation of officers, directors and key employees
$665,180
Other salaries and wages
$11,730,313
Salaries, compensation and benefits (total)
$14,751,658
Professional fundraising fees
$0
Legal fees
$14,012
Accounting fees
$102,177
Occupancy
$2,186,350
Travel
$40,303
Depreciation
$5,292,776
Program services (functional)
$30,039,771
Management and general (functional)
$3,132,375

Balance sheet and other

Total assets, start of year
$168,064,374
Total assets, end of year
$249,220,285
Total liabilities, end of year
$236,240,388
Net assets, end of year
$12,979,897
Land, buildings and equipment
$126,671,893
Publicly traded securities
$36,487,182
Net assets without donor restrictions
$12,807,036
Net assets with donor restrictions
$172,861
Gross unrelated business income
-$99,114
Gross receipts
$50,049,368
Employees
336
Volunteers
125
Year formed
1979
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.

NameTitleHours / weekCompensationOther / benefits
DOUGLAS FELLERCHIEF EXECUTIVE OFFICER
Officer
50$375,393$12,552
KATHLEEN ROGERSCHIEF FINANCIAL OFFICER
Officer
50$265,040$12,193
BEVERLY DAYSALES & MARKETING DIRECTOR
Highest-paid employee
45$217,197$10,364
JAMES MARSHALLHEALTH CENTER DIRECTOR
Highest-paid employee
45$173,747$10,612
KERA LITERALDIRECTOR OF NURSING
Highest-paid employee
45$159,001$10,503
KAREN MADDENDIRECTOR OF COMMUNITY ENGAGEMENT
Highest-paid employee
40$141,312$12,172
MARK MONTGOMERYCULINARY DIRECTOR
Highest-paid employee
45$135,403$10,434
TOM HANKSCHAIRPERSON
Trustee or director, Officer
2$0$0
MARK BOGARTVICE CHAIRPERSON
Trustee or director, Officer
2$0$0
CHRISTINE PUTHOFFSECRETARY
Trustee or director
2$0$0
MICHAEL HARKINSTREASURER
Trustee or director, Officer
2$0$0
REV ASHLEY NICOLLSMEMBER-AT-LARGE
Trustee or director
2$0$0
ALBERT GUTIERREZTRUSTEE
Trustee or director
2$0$0
REV DR DONALD HILLERICHTREASURER
Trustee or director, Officer
2$0$0
REV DR ROBERT MURSCHTRUSTEE
Trustee or director
2$0$0
3 more people on this return
NameTitleHours / weekCompensation
RANDE YEAGERTRUSTEE
Trustee or director
2$0
KAREN STOREYTRUSTEE
Trustee or director
2$0
REV JEFF GROSTRUSTEE (BISHOP REP)
Trustee or director
2$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensationOther / benefits
DOUGLAS FELLERCHIEF EXECUTIVE OFFICER
Officer
50$338,224$11,687
KATHLEEN ROGERSCHIEF FINANCIAL OFFIER
Officer
50$248,669$11,273
BEVERLY DAYSALES & MARKETING DIRECTOR
Highest-paid employee
45$175,483$9,684
JAMES MARSHALLHEALTH CENTER DIRECTOR
Highest-paid employee
45$160,137$9,974
KERA LITERALDIRECTOR OF NURSING
Highest-paid employee
45$146,522$8,841
KAREN MADDENENAGEMENT DIRECTOR
Highest-paid employee
45$135,209$11,495
MARK MONTGOMERYCULINARY DIRECTOR
Highest-paid employee
45$129,341$9,744
GREG ROBERTSCHAIRPERSON
Trustee or director, Officer
2$0$0
TOM HANKSVICE CHAIRPERSON
Trustee or director, Officer
2$0$0
MICHAEL HARKINSTREASURER
Trustee or director, Officer
2$0$0
REV DR BRIAN ARMENSECRETARY
Trustee or director, Officer
2$0$0
KAREN STOREYMEMBER-AT-LARGE
Trustee or director
2$0$0
REV ASHLEY NICOLLSTRUSTEE
Trustee or director
2$0$0
CHRISTINE PUTHOFFTRUSTEE
Trustee or director
2$0$0
DR MARLYCE HOLBACHTRUSTEE
Trustee or director
2$0$0
CHRIS MENZIESTRUSTEE
Trustee or director
2$0$0
REV DR ROBERT MURSCHTRUSTEE
Trustee or director
2$0$0
PERRY KORSZENTRUSTEE
Trustee or director
2$0$0
DR MATTHEW CORNTRUSTEE
Trustee or director
2$0$0
MARK BOGARTTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
920 TAMIAMI TRL S, VENICE, FL 34285-3629
Principal officer (990 for 2024)
DOUGLAS FELLER, 920 TAMIAMI TRAIL SOUTH, VENICE, FL 34285
Signed the 990
KATHLEEN ROGERS, CHIEF FINANCIAL OFFICER
Phone
(941) 486-5421
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

AFFILIATED WITH THE EVANGELICAL LUTHERAN CHURCH IN AMERICA, WE ARE A CCRC COMMITTED TO SHARING GOD'S LOVE BY PROMOTING INDIVIDUAL GROWTH AND DIGNITY, ENHANCING THE QUALITY OF LIFE AND MEETING THE HUMAN AND SPIRITUAL NEEDS OF OUR RESIDENT'S, STAFF AND COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • VILLAGE ON THE ISLE PROVIDES FOR INDEPENDENT LIVING APARTMENTS AND SERVICES TO 300 RESIDENTS IN 228 APARTMENTS & 6 COTTAGES. THE ORGANIZATION ALSO PROVIDED ASSISTED LIVING APARTMENTS AND SERVICES FOR 61 RESIDENTS IN 64 APARTMENTS.
    Expenses $22,220,446 · grants $22,829 · revenue $23,802,212
  • THE ORGANIZATION PROVIDED SKILLED NURSING SERVICES TO THE ELDERLY IN THE 64 BED LICENSED NURSING HOME.
    Expenses $7,819,325 · revenue $8,375,945

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
59-1931148
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
1981
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Assets (IRS master file)
$249,220,285
Income (IRS master file)
$50,049,368

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$34,605,424$33,172,146$249,220,285IRS
990-TDecember 2024–––IRS
990December 2023$36,598,123$32,041,994$168,064,374XML
990-TDecember 2023–––IRS
990December 2022$31,772,151$32,032,126$162,812,326IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 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 59-1931148).

Questions about SOUTHWEST FLORIDA RETIREMENT CENTER

What is the EIN of SOUTHWEST FLORIDA RETIREMENT CENTER?
The employer identification number (EIN) of SOUTHWEST FLORIDA RETIREMENT CENTER is 59-1931148.
Is SOUTHWEST FLORIDA RETIREMENT CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
Are donations to SOUTHWEST FLORIDA RETIREMENT CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTHWEST FLORIDA RETIREMENT CENTER 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 SOUTHWEST FLORIDA RETIREMENT CENTER 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 SOUTHWEST FLORIDA RETIREMENT CENTER 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 SOUTHWEST FLORIDA RETIREMENT CENTER?
The 990 for the year ended December 31, 2024 names DOUGLAS FELLER.
Who are the officers and directors of SOUTHWEST FLORIDA RETIREMENT CENTER?
The 990 for the year ended December 31, 2024 lists 18 people; 7 received compensation from the organization, the highest $375,393 (DOUGLAS FELLER, CHIEF EXECUTIVE OFFICER).
How much revenue does SOUTHWEST FLORIDA RETIREMENT CENTER have?
On its 990 for the year ended December 31, 2024 it reported revenue of $34,605,424, expenses of $33,172,146 and total assets of $249,220,285 at year end.

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