Oak Hammock at the University of Florida
Oak Hammock at the University of Florida reported $46.6 million in revenue and $42.8 million in expenses for calendar year 2024. Of every $100 it spent, $89.83 went to program services, $10.17 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: 97.1% of the total. The highest compensation it reported for one person was $396,277 (CEO). 12 people received more than $100,000 in reportable compensation. Revenue rose 35% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $43MFor 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 $47MThe 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) | 10.2% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.4% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 97.1% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $396,277 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.93% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 12 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -12.5 | 6.9 |
| Independent voting board members Part VI 1a–1b | 14 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 expenseOak Hammock owns and operates a retirement community located in gainesville, florida, and provides housing, lifelong learning, health care, and other related services to senior adults. The community currently consists of 269 residential units (212 apartments and 57 villas and homes), 52 assisted living units, 12 memory care assisted living units, and a 73-bed skilled nursing center. During the current year, there were 183,880 resident days
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 Officer, 40.0 hrs/week | $362,203 | $0 | $34,074 | $396,277 |
| CHIEF FINANCIAL OFFICER Officer, 40.0 hrs/week | $242,034 | $0 | $34,074 | $276,108 |
| LIFE PLAN CONSULTANT Highest compensated employee, 40.0 hrs/week | $176,004 | $0 | $34,074 | $210,078 |
| INFORMATION TECHNOLOGY DIR Highest compensated employee, 40.0 hrs/week | $164,222 | $0 | $34,074 | $198,296 |
| LIFE PLAN CONSULTANT Highest compensated employee, 40.0 hrs/week | $129,821 | $0 | $27,373 | $157,194 |
| Director of Sales & Marketing Highest compensated employee, 40.0 hrs/week | $128,564 | $0 | $27,373 | $155,937 |
| DIRECTOR OF FACILITY OPERA Highest compensated employee, 40.0 hrs/week | $142,445 | $0 | $10,829 | $153,274 |
| Director of Nursing Key employee, 40.0 hrs/week | $115,986 | $0 | $34,074 | $150,060 |
12 people received more than $100,000 in reportable compensation from Oak Hammock at the University of Florida (Part VII, line 2). Compensation of current officers, directors and key employees totaled $822K (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 · 14 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 5436
- Volunteers Part I, line 614
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| QUALITY CARE REHAB INC Therapy services | $1,436,717 |
| SEANOTE CONSTRUCTION Construction services | $1,281,654 |
| SFCS INC Construction services | $1,044,096 |
| NEW HORIZONS PROFESSIONAL LAWN CARE Landscaping | $789,040 |
| TRADEMARK CONSTRUCTION GROUP INC Construction services | $783,648 |
Individuals listed as contractors are left out. 19 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Oak Hammock at the University of Florida totaling $50,192 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Oak Hammock at the University of Florida's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Oak Hammock at the University of Florida, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Oak Hammock at the University of Florida spent in 2024, $89.83 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Oak Hammock at the University of Florida's spending goes to programs?
In calendar year 2024, Oak Hammock at the University of Florida reported that 89.8% of its $42.8 million in expenses went to program services, 10.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Oak Hammock at the University of Florida pay its top executive?
The largest total compensation Oak Hammock at the University of Florida reported for one person in calendar year 2024 was $396,277, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Oak Hammock at the University of Florida get its money?
Of $46.6 million in revenue in calendar year 2024, 0.4% came from contributions and grants and 97.1% from program service revenue (Form 990, Part VIII).
Is Oak Hammock at the University of Florida a registered charity?
The IRS lists EIN 59-3562098 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 202522979349300222 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202412709349301016 · read the filing
- 2022: Form 990 for calendar year 2022, object 202322719349300802 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203049349302565 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123019349301522 · read the filing
- 2019: Form 990 for calendar year 2019, object 202002059349300900 · read the filing
All filings for EIN 59-3562098: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.