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CCRC Development Corporation

Also known as Legacy Pointe at Ucf

Oviedo, FL · EIN 20-3537708 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

CCRC Development Corporation reported $23.7 million in revenue and $30.9 million in expenses for calendar year 2024. Of every $100 it spent, $90.11 went to program services, $9.89 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.5% of the total. The highest compensation it reported for one person was $156,092 (Skilled Nursing MDS Coordinator). 6 people received more than $100,000 in reportable compensation. Revenue rose 557654% between 2021 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $31M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $24M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
90.1%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
9.9%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.0%
Program service revenue share
Part VIII 2g ÷ 12
96.5%66.2%
Highest reported compensation
Part VII-A, columns D–F
$156,092$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.51%1.57%
People paid over $100,000
Part VII, line 2
65
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-14.110.0
Independent voting board members
Part VI 1a–1b
10 of 10100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$28M expenses · 100.0% of program spending · revenue $23M

The Continuing Care Retirement Community ("CCRC") near the UCF Campus provides, on a non-profit basis, housing, dining, housekeeping, laundry, transportation, activities, assisted living care, memory support care, and skilled nursing care. The CCRC opened at the end of December 2021 and has 140 independent living apartments, 32 villas, and 48 assisted living apartments, 32 memory supports apartments, and 48 skilled nursing beds

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Skilled Nursing MDS Coordinator
Highest compensated employee, 40.0 hrs/week
$156,092$0$0$156,092
Director of Health Services
Highest compensated employee, 40.0 hrs/week
$128,858$0$0$128,858
Sales Counselor
Highest compensated employee, 40.0 hrs/week
$125,298$0$0$125,298
Director of Business Development
Highest compensated employee, 40.0 hrs/week
$118,807$0$0$118,807
Assisted Living Nurse Manager
Highest compensated employee, 40.0 hrs/week
$106,143$0$0$106,143

6 people received more than $100,000 in reportable compensation from CCRC Development Corporation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$24M$31M90.1%−$36M$156,092
2023 ⓘ$13M$22M86.3%−$31M—
2022 ⓘ$6.2M$12M78.6%−$21M—
2021 ⓘ$4,252$2.3M8.9%−$11M$140,786
2020 ⓘ$0$2.0M0.0%−$8.6M$124,217
2019 ⓘ$0$2.7M0.0%−$6.6M$235,240

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5394
  • Volunteers Part I, line 640

Correct a figure or respond

Every number above is copied from CCRC Development Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for CCRC Development Corporation, you can publish a response that is linked from this page.

Questions people ask

How much of CCRC Development Corporation's spending goes to programs?

In calendar year 2024, CCRC Development Corporation reported that 90.1% of its $30.9 million in expenses went to program services, 9.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does CCRC Development Corporation pay its top executive?

The largest total compensation CCRC Development Corporation reported for one person in calendar year 2024 was $156,092, for the role of Skilled Nursing MDS Coordinator (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does CCRC Development Corporation get its money?

Of $23.7 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 96.5% from program service revenue (Form 990, Part VIII).

Is CCRC Development Corporation a registered charity?

The IRS lists EIN 20-3537708 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543149349302779 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202540239349300834 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202430449349301508 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202242799349300414 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202112659349301756 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202002659349301000 · read the filing

All filings for EIN 20-3537708: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.