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Nonprofit · EIN 59-3562098

OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA INC

Tax-exempt · GAINESVILLE, FL 32608

Financials

$42.5M$40.3M2023$46.6M$42.8M2024
Revenue Expenses · by fiscal year end
Financials of OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$46,627,401$42,759,083$3,868,318$127,489,221$172,098,018-$44,608,797
December 31, 2023990$42,476,934$40,321,473$2,155,461$120,822,024$171,764,986-$50,942,962
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$182,663
Program service revenue
$45,272,507
Investment income
$1,172,231
Net gain from sales of assets
$47,017
Other revenue
$0

Expenses

Grants and similar amounts paid
$101,102
Compensation of officers, directors and key employees
$822,445
Other salaries and wages
$14,399,140
Salaries, compensation and benefits (total)
$19,056,493
Professional fundraising fees
$0
Legal fees
$70,713
Accounting fees
$45,687
Occupancy
$4,595,051
Travel
$62,242
Depreciation
$6,460,391
Program services (functional)
$38,410,458
Management and general (functional)
$4,348,625

Balance sheet and other

Total assets, start of year
$120,822,024
Total assets, end of year
$127,489,221
Total liabilities, end of year
$172,098,018
Net assets, end of year
-$44,608,797
Land, buildings and equipment
$86,724,005
Net assets without donor restrictions
-$46,475,466
Net assets with donor restrictions
$1,866,669
Gross receipts
$46,627,401
Employees
436
Volunteers
14
Year formed
1998
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
KEVIN AHMADICEO
Officer
40$362,203$34,074
ANDREW DAVEYCHIEF FINANCIAL OFFICER
Officer
40$242,034$34,074
JANICE HUNZIKERLIFE PLAN CONSULTANT
Highest-paid employee
40$176,004$34,074
ROBERT STOTTINFORMATION TECHNOLOGY DIR
Highest-paid employee
40$164,222$34,074
NICOLE MASONLIFE PLAN CONSULTANT
Highest-paid employee
40$129,821$27,373
NICOLE S DORIADirector of Sales & Marketing
Highest-paid employee
40$128,564$27,373
SONJA DONLINDIRECTOR OF FACILITY OPERA
Highest-paid employee
40$142,445$10,829
MICHELLE L PARKERDirector of Nursing
Key employee
40$115,986$34,074
ANDY GRAYSECRETARY/TREASURER
Trustee or director, Officer
5$0$0
JUDITH RUSSELLBOARD CHAIRMAN
Trustee or director, Officer
5$0$0
PETER F GEARENBOARD VICE CHAIRMAN
Trustee or director, Officer
5$0$0
ANN HORGASBOARD MEMBER
Trustee or director
5$0$0
CYDNEY MCGLOTHLINBOARD MEMBER
Trustee or director
5$0$0
DONNA JOHNSONBOARD MEMBER
Trustee or director
5$0$0
DOUGLAS MERREYBOARD MEMBER
Trustee or director
5$0$0
7 more people on this return
NameTitleHours / weekCompensation
JEAN THEURERBOARD MEMBER
Trustee or director
5$0
JIM J KELLY JRBOARD MEMBER
Trustee or director
5$0
KIM BARTONBOARD MEMBER
Trustee or director
5$0
LEE REVEREBOARD MEMBER
Trustee or director
5$0
MARGARET PORTILLOBOARD MEMBER
Trustee or director
5$0
MARTHA RADERBOARD MEMBER
Trustee or director
5$0
ROBERT H JERRY IIBOARD MEMBER
Trustee or director
5$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensationOther / benefits
KEVIN AHMADICEO
Officer
40$308,153$33,132
ANDREW DAVEYCHIEF FINANCIAL OFFICER
Officer
40$229,428$33,132
NICOLE MASONLIFE PLAN CONSULTANT
Highest-paid employee
40$161,966$27,273
ROBERT STOTTINFORMATION TECHNOLOGY DIR
Highest-paid employee
40$155,358$33,132
KELLY G GEORGEDIRECTOR OF HUMAN RESOURCE
Highest-paid employee
40$137,417$33,132
JANICE HUNZIKERLIFE PLAN CONSULTANT
Highest-paid employee
40$136,435$33,132
SONJA DONLINDIRECTOR OF FACILITY OPERA
Highest-paid employee
40$126,489$7,821
JUDITH RUSSELLBOARD CHAIRMAN
Trustee or director, Officer
5$0$0
PETER GEARENBOARD VICE CHAIRMAN
Trustee or director, Officer
5$0$0
ANDY GRAYSECRETARY/TREASURER
Trustee or director, Officer
5$0$0
ROBERT H JERRY IIBOARD MEMBER
Trustee or director
5$0$0
KIM BARTONBOARD MEMBER
Trustee or director
5$0$0
JIM J KELLY JRBOARD MEMBER
Trustee or director
5$0$0
ANNA MCDANIELBOARD MEMBER
Trustee or director
5$0$0
LEE REVEREBOARD MEMBER
Trustee or director
5$0$0
CURTIS REYNOLDSBOARD MEMBER
Trustee or director
5$0$0
MARTHA RADERBOARD MEMBER
Trustee or director
5$0$0
NANCY WOODBOARD MEMBER
Trustee or director
5$0$0
DOUGLAS MERREYBOARD MEMBER
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
5100 SW 25TH BLVD, GAINESVILLE, FL 32608-3984
Principal officer (990 for 2024)
KEVIN AHMADI, 5100 SW 25th BLVD, Gainesville, FL 32608
Signed the 990
KEVIN AHMADI, PRINCIPAL OFFICER
Phone
(352) 548-1000
Return prepared by
Forvis Mazars LLP

Mission

TO SUPPORT ITS MEMBERS AND CREATE AN ACTIVE, CARING COMMUNITY BY PROVIDING A CONTINUUM OF QUALITY LIFESTYLE & HEALTHCARE PROGRAMS AND OUTSTANDING ENRICHMENT OPPORTUNITIES IN CONJUNCTION WITH THE UNIVERSITY OF FLORIDA.

990 for the year ended December 31, 2024

Program accomplishments

  • OAK HAMMOCK OWNS AND OPERATES A RETIREMENT COMMUNITY LOCATED IN GAINESVILLE, FLORIDA, AND PROVIDES HOUSING, LIFELONG LEARNING, HEALTH CARE, AND OTHER RELATED SERVICES TO SENIOR ADULTS. THE COMMUNITY CURRENTLY CONSISTS OF 269 RESIDENTIAL UNITS (212 APARTMENTS AND 57 VILLAS AND HOMES), 52 ASSISTED LIVING UNITS, 12 MEMORY CARE ASSISTED LIVING UNITS, AND A 73-BED SKILLED NURSING CENTER. DURING THE CURRENT YEAR, THERE WERE 183,880 RESIDENT DAYS.
    Expenses $38,410,458 · grants $101,102 · revenue $45,272,507

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
59-3562098
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
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Assets (IRS master file)
$127,489,221
Income (IRS master file)
$46,627,401

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$46,627,401$42,759,083$127,489,221XML
990December 2023$42,476,934$40,321,473$120,822,024XML
990December 2022$41,637,523$38,366,379$117,277,180IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 59-3562098).

Questions about OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA INC

What is the EIN of OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA INC?
The employer identification number (EIN) of OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA INC is 59-3562098.
Is OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA 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 OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA 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 OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA 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 OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA INC?
The 990 for the year ended December 31, 2024 names KEVIN AHMADI.
Who are the officers and directors of OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA INC?
The 990 for the year ended December 31, 2024 lists 22 people; 8 received compensation from the organization, the highest $362,203 (KEVIN AHMADI, CEO).
How much revenue does OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $46,627,401, expenses of $42,759,083 and total assets of $127,489,221 at year end.

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