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Filing year 2024

PARK OF THE PALMS INC

Keystone Heights, Florida·EIN 23-7359894·NTEE L22 · Housing & Shelter·501(c)(3)
Total revenue
$2.7M
Total assets
$3.9M
Total expenses
$2.7M
Reported officers
7
Mission

PARK OF THE PALMS SERVES AS A SANCTUARY TO MEET THE PHYSICAL AND SPIRITUAL NEEDS OF AN AGING POPULATION AND IS A SOURCE OF SPIRITUAL LIGHT TO ITS RESIDENTS AND THE SURROUNDING COMMUNITY. THE VISION OF THE PARK OF THE PALMS, INC. IS TO SERVE AN AGING POPULATION WITH THE HIGHEST LEVEL OF COMPREHENSIVE AND INDIVIDUALIZED CARE POSSIBLE. THIS EFFORT IS MADE POSSIBLE IN BEAUTIFUL INDEPENDENT LIVING STRUCTURES AND AN ASSISTED LIVING FACILITY.

Executive compensation

Form 990 · Part VII & 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.

President
Median to 75th percentile
$73k
$78k
Vice President
25th percentile to median
$67k
$71k

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 5 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at PARK OF THE PALMS INC equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
3%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 4%
from 2023

From $71k in 2023 to $73k in 2024.

$71k
2023
$73k
2024
In today's dollarsEst.
Up 1% in real terms$77k to $78k

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.

Pay for the position

Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue rose 9%.

$71k in 2023 to $73k in 2024.
  • Vice President pay rose 8% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about PARK OF THE PALMS INC

What does the Chief Executive Officer of PARK OF THE PALMS INC earn?

In 2024, the Chief Executive Officer of PARK OF THE PALMS INC received $73,277 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Florida, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PARK OF THE PALMS INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Florida, the 2024 pay of the Chief Executive Officer at PARK OF THE PALMS INC falls between the median and the 75th percentile. In 2024, the highest total compensation at PARK OF THE PALMS INC equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are PARK OF THE PALMS INC's revenue and expenses?

In 2024, PARK OF THE PALMS INC reported $2.7M in total revenue and $2.7M in total expenses on its IRS Form 990.

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