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Seacoast Health Systems INC

Public charity
Other · OCALA, FL · EIN 23-2266006

About

Senior Care Group Inc., a not-for-profit corporation, shall serve as an altruistic organization dedicated to providing assistance to seniors in need of health care management and/or treatment, and who are unable to independently obtain the level of care they require because of a deficiency in financial resources. The Company shall provide services to its care recipients utilizing a multi-faceted approach which concentrates on the maintenance and improvement of each individual's overall wellness and quality of life on a physical emotional and social level. The Company will operate its assisted living facilities and nursing homes so as to provide its services to the aged at the lowest feasible cost, taking into consideration such expenses as the payment of indebtedness, maintenance of adequate rates sufficient to insure the care of each resident and reserves for physical expansion commensurate with the needs of the community and the existing resources of the Company.

Donations are tax-deductible
Category
Other
Employees
517
Volunteers
3

Financial Snapshot

FY ending 2024-06-30
Revenue
$15.1M
Expenses
$12.1M
Assets
$8.9M
Liabilities
$4.4M

Financial history

$103.1M$51.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $15.1M · Peak FY2016: $91.8M · Avg: $55.9M
SEACOAST HEALTH SYSTEMS INC
Your actions

Address

2800 E Silver Springs BLVD STE 205
Ocala, FL, 34470-705

Governance

Voting board members3
Independent members2
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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