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BAY Village of Sarasota INC

Public charity
Other · SARASOTA, FL · EIN 59-1453706

About

Established on christian principles, BAY village of sarasota, INC. (BVSI) offers a dynamic, secure, and comprehensive residency for older adults, providing meaningful community life with continuing care. BVSI is a church-related continuing care retirement community committed to providing the highest quality of service to residents of ALL faiths with nursing and health care, recreational and spiritual opportunities. BVSI provides services that enhance the quality of life for residents through independent retirement living, assisted living, memory care, home health, skilled nursing, and social services, while continuing to honor each person's dignity, rights, self-respect and independence. BVSI is committed to a program of stewardship which recognizes its responsibility to use resources well. BVSI's benevolence program ensures, to the extent feasible, that residents who have exhausted their financial resources, through no fault of their own, CAN remain as residents even if they become unable to pay.

Donations are tax-deductible
Category
Other
Employees
418
Volunteers
160

Financial Snapshot

FY ending 2024-12-31
Revenue
$29.3M
Expenses
$30.3M
Assets
$69.8M
Liabilities
$33.3M

Financial history

$30.3M$15.2M$0
161718192021222324
RevenueExpenses
Latest FY2024: $29.3M · Peak FY2022: $29.9M · Avg: $26.1M
BAY VILLAGE OF SARASOTA INC
Your actions

Address

8400 VAMO Road
Sarasota, FL, 34231-780

Governance

Voting board members11
Independent members11
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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