Naval Continuing CARE Retirement Foundation
Also known as Fleet Landing
Naval Continuing CARE Retirement Foundation reported $66.0 million in revenue and $61.6 million in expenses for calendar year 2024. Of every $100 it spent, $89.85 went to program services, $9.58 to management and general costs and $0.57 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.3% of the total. The highest compensation it reported for one person was $734,057 (CEO/SECRETARY). 20 people received more than $100,000 in reportable compensation. Revenue rose 52% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $62MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 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 $66MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.8% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.6% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.6% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.42 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.2% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 93.3% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $734,057 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.19% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 20 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.2 | 6.9 |
| Independent voting board members Part VI 1a–1b | 13 of 14 | 100.0% |
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 expenseThe organization provides residential, health care, and other related services for residents, including retired career U.S. Military officers, their spouses, and others of retirement age. The organization owns and operates a retirement community consisting of 482 residential units (292 apartments and 190 homes), 138 assisted living and memory care units, and is licensed for 100 skilled nursing beds. Total patient days for the year: 252,433 days - independent living; 41,451 days - assisted living; and 16,772 days - skilled nursing
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO/SECRETARY Director/trustee, officer, 50.0 hrs/week | $704,077 | $0 | $29,980 | $734,057 |
| COO Key employee, 50.0 hrs/week | $345,007 | $0 | $11,712 | $356,719 |
| DIRECTOR OF SALES & MKTG. Key employee, 45.0 hrs/week | $231,101 | $0 | $13,193 | $244,294 |
| CONTROLLER Officer, 50.0 hrs/week | $228,240 | $0 | $13,465 | $241,705 |
| SR. DIRECTOR OF HEALTHCARE Key employee, 50.0 hrs/week | $224,482 | $0 | $15,058 | $239,540 |
| SR. DIRECTOR OF HR Key employee, 50.0 hrs/week | $191,430 | $0 | $14,064 | $205,494 |
| DIRECTOR OF NURSING Highest compensated employee, 45.0 hrs/week | $152,166 | $0 | $22,225 | $174,391 |
| NURSING HOME & ASSISTED LIVING ADMIN Highest compensated employee, 45.0 hrs/week | $167,805 | $0 | $1,620 | $169,425 |
20 people received more than $100,000 in reportable compensation from Naval Continuing CARE Retirement Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b14 · 13 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 11aNo
- 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 5687
- Volunteers Part I, line 625
Correct a figure or respond
Every number above is copied from Naval Continuing CARE Retirement Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Naval Continuing CARE Retirement Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Naval Continuing CARE Retirement Foundation spent in 2024, $89.85 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Menno-HavenChambersburg, PA · revenue $66M · programs 85.6% · 2024
- START CorporationHouma, LA · revenue $66M · programs 97.7% · FY2025
- Federated Transportation ServicesLexington, KY · revenue $66M · programs 99.5% · FY2025
- Arizona Hygiene for HopeSurprise, AZ · revenue $66M · programs 99.7% · 2024
- Cypress Cove at Healthpark FloridaFort Myers, FL · revenue $66M · programs 92.7% · FY2025
Questions people ask
How much of Naval Continuing CARE Retirement Foundation's spending goes to programs?
In calendar year 2024, Naval Continuing CARE Retirement Foundation reported that 89.8% of its $61.6 million in expenses went to program services, 9.6% to management and general and 0.6% to fundraising (Form 990, Part IX).
How much does Naval Continuing CARE Retirement Foundation pay its top executive?
The largest total compensation Naval Continuing CARE Retirement Foundation reported for one person in calendar year 2024 was $734,057, for the role of CEO/SECRETARY (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Naval Continuing CARE Retirement Foundation get its money?
Of $66.0 million in revenue in calendar year 2024, 1.2% came from contributions and grants and 93.3% from program service revenue (Form 990, Part VIII).
Is Naval Continuing CARE Retirement Foundation a registered charity?
The IRS lists EIN 59-2708341 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 202523049349302277 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202432189349301353 · read the filing
- 2022: Form 990 for calendar year 2022, object 202342269349302359 · read the filing
- 2021: Form 990 for calendar year 2021, object 202222979349301812 · read the filing
- 2020: Form 990 for calendar year 2020, object 202132449349300223 · read the filing
- 2019: Form 990 for calendar year 2019, object 202002029349300750 · read the filing
All filings for EIN 59-2708341: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.