Bay Village of Sarasota Inc.
Bay Village of Sarasota Inc.
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About this organization
Mission
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, 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.
About
Operation of a continuing care retirement community, including 284 independent living apartments, 22 assisted living apartments, and 95 health center (skilled nursing) beds in Sarasota, Florida. In 2018, Bay Village's programs served approximately 363 residents, including 310 life-care residents and 53 community residents.
Interesting data from their 2019 990 filing
From their filing, the objective of the non-profit is stated as “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, 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.”.
When talking about its functions, they were outlined as: “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, 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.”.
- The legally reported state of operation for the non-profit is FL.
- According to the filing, the non-profit's address in 2019 is 8400 VAMO ROAD, SARASOTA, FL, 34231.
- The non-profit organization as of 2019 has a total of 407 employees reported on their form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $3,162,829.
- The CEO's compensation within the organization is determined through a thorough evaluation by an impartial entity.
- The organization elects its board members.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 11 independent voting members.
- The organization was formed in 1972.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule J.
- The organization pays $13,609,756 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.