THE ENDOWMENT FUND IS A SUPPORTING ORGANIZATION TO BAY VILLAGE OF SARASOTA, INC. (BAY VILLAGE), A NON-PROFIT, LIFECARE COMMUNITY WHICH CURRENTLY EXISTS AS AN INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND NURSING FACILITY TO PROVIDE ALL AGING RELATED SERVICES AND SENIOR SERVICES AS MAY NOW EXIST OR DEVELOP IN THE FUTURE. TO ACCOMPLISH THIS PURPOSE, THE ENDOWMENT FUND PROVIDES FUNDS, WHEN NECESSARY: TO ASSIST FINANCIALLY NEEDY BAY VILLAGE RESIDENTS WHO HAVE BECOME UNABLE TO PAY THROUGH NO FAULT OF THEIR OWN; TO ASSIST IN THE OPERATION, MAINTENANCE, GROWTH AND IMPROVEMENT OF ANY AND ALL OF THE OPERATIONS OF BAY VILLAGE NOW AND IN THE FUTURE; AND ANY ADDITIONAL PURPOSE TO HELP FULFILL BAY VILLAGE'S NON-PROFIT MISSION, MEETING THE REQUIREMENTS OF SECTIONS 501(C)(3) AND 509 (A)(2) OF THE INTERNAL REVENUE SERVICE CODE OF 1986, AS AMENDED.THIS FUND WAS STARTED IN 1980 TO ADDRESS BAY VILLAGE'S COMMITMENT TO THE LIFECARE CONCEPT.
Executive compensation
Form 990 · Schedule J · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Florida.
| Position | Total |
|---|---|
President & CEO 10th to 25th percentile | $22k $23k |
CFO 25th percentile to median | $20k $21k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 7 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at BAY VILLAGE ENDOWMENT FUND equaled 20% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,789 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 4%
from 2023
From $21k in 2023 to $22k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue rose 100%.
- Chief Financial Officer pay rose 4% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about BAY VILLAGE ENDOWMENT FUND
What does the Chief Executive Officer of BAY VILLAGE ENDOWMENT FUND earn?
In 2024, the Chief Executive Officer of BAY VILLAGE ENDOWMENT FUND received $21,906 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Housing & Shelter organizations in Florida, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at BAY VILLAGE ENDOWMENT FUND compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Florida, the 2024 pay of the Chief Executive Officer at BAY VILLAGE ENDOWMENT FUND falls between the 10th and 25th percentiles. In 2024, the highest total compensation at BAY VILLAGE ENDOWMENT FUND equaled 20% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are BAY VILLAGE ENDOWMENT FUND's revenue and expenses?
In 2024, BAY VILLAGE ENDOWMENT FUND reported $836k in total revenue and $112k in total expenses on its IRS Form 990.
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