2026-09-22T15:45:15-05:00 2025-12-31 591753337 KERKERING BARBERIO & CO PO BOX 49348 SARASOTA FL 342306348 990 2025-01-01 591958932 BAY VILLAGE ENDOWMENT FUND BAYV 9419665611 8400 VAMO RD SARASOTA FL 34231 ERIC NICHOLS PRESIDENT & CEO 9419665611 2026-09-21 1 BRIAN SIMMONS P00360690 9413654617 2025 ERIC NICHOLS 8400 VAMO RD SARASOTA FL 34231 1008958 0 X N/A X 1980 FL 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. 6 5 0 10 0 0 94371 217811 0 0 741544 505530 0 0 835915 723341 36000 147600 0 0 0 0 33000 54250 68417 43115 55090 112115 256940 723800 466401 13636191 15730005 53187 23811 13583004 15706194 X 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. 0 0 151798 147600 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.THE ENDOWMENT FUND IS COMPRISED OF CONTRIBUTIONS MADE FROM LARGE AND SMALL DONATIONS, WILLS AND ESTATES, LEGACIES, AND PROCEEDS FROM THE "BAY VILLAGE MARKET PLACE AND THE "DOWN UNDER (RESALE) SHOP." THE ENDOWMENT FUND'S OBJECTIVE IS TO CONTINUE TO BUILD THE FUND TO HELP PROVIDE LONG-TERM STABILITY AND FINANCIAL SUPPORT FOR BAY VILLAGE TO FULFILL ITS NON-PROFIT MISSION. 151798 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 FL X CHRISTINA R WIZBA CFO 9419665611 8400 VAMO RD SARASOTA FL 34231 LINDA GETZEN TRUSTEE 1.00 X 0 0 0 DON GOODRICH TRUSTEE 1.00 1.00 X 0 0 0 KEVIN HICKS TRUSTEE 1.00 X 0 0 0 KATHLEEN JUNKINS TRUSTEE 1.00 1.00 X 0 0 0 TOM TAYLOR TRUSTEE 1.00 1.00 X 0 0 0 ROBERT SHERWOOD CHAIRMAN 1.00 1.00 X 0 0 0 ERIC NICHOLS PRESIDENT & CEO 5.00 40.00 X X 0 394285 22782 CHRISTINA WIZBA CFO 5.00 40.00 X 0 309009 21406 0 703294 44188 0 0 1 0 0 217811 63508 217811 434288 434288 356859 285617 71242 71242 71242 723341 0 0 505530 147600 147600 4198 4198 54250 54250 36725 36725 FUND-RAISING COSTS - AD 14167 14167 256940 151798 36725 68417 11772 13821 13624419 15661338 0 54846 13636191 15730005 8415 9740 44772 14071 53187 23811 X 13583004 15651348 54846 13583004 15706194 13636191 15730005 466401 1656789 0 X X 0 1 X 1 0 X X 1 BAY VILLAGE OF SARASOTA INC 591453706 10 1 147600 0 1 147600 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO BAY VILLAGE OF SARASOTA, INC. 14071 14071 X 33741236 1656789 31545431 33202220 539016 36725 147600 184325 723341 31070869 30998254 30998254 72615 36725 147600 184325 256940 PART X, LINE 2: BAY VILLAGE AND THE ENDOWMENT TRUST HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS TAX-EXEMPT ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ENDOWMENT FUND IS CLASSIFIED AS A SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3). INCOME EARNED IN FURTHERANCE OF BAY VILLAGE AND THE ENDOWMENT TRUST'S TAX-EXEMPT PURPOSE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. UNDER THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION, THE ORGANIZATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE COMBINED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: AMOUNTS REPORTED ON BAY VILLAGE OF SARASOTA, INC. EIN 59-1453706 31,545,431. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY ELIMINATIONS 147,600. PART XII, LINE 2D - OTHER ADJUSTMENTS: AMOUNTS REPORTED ON BAY VILLAGE OF SARASOTA, INC. EIN 59-1453706 30,998,254. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY ELIMINATIONS 147,600. 1 MILES TO GO LLC 233 WEST RICH AVE DELAND FL 32720 CONSULTING 0 0 54250 0 54250 FL 1 BAY VILLAGE OF SARASOTA INC 8400 VAMO RD SARASOTA FL 34231 591453706 501(C)(3) 147600 0 GENERAL SUPPORT 1 0 0 0 0 0 0 0 0 0 0 ERIC NICHOLS PRESIDENT & CEO 0 364485 0 0 0 29800 0 12770 0 10012 0 417067 0 0 CHRISTINA WIZBA CFO 0 284847 0 0 0 24162 0 11394 0 10012 0 330415 0 0 X 52359 THRIFT SHOP VALUE X 2 11149 NYSE 0 1 0 FORM 990, PART I, LINE 6, VOLUNTEERS BAY VILLAGE RESIDENT VOLUNTEERS PARTICIPATE IN MANY CAPACITIES - AS RESIDENT COUNCIL MEMBERS, AS FLOOR REPRESENTATIVES TO WELCOME NEW RESIDENTS, OPERATING THE LIBRARY, MARKETPLACE, AND RESALE SHOP, OR ASSISTING IN BINGO AND OTHER RESIDENT ENRICHMENT PROGRAMS. VOLUNTEERS ALSO SERVE ON MANY RESIDENT COMMITTEES, SUCH AS ENTERTAINMENT, SPIRITUAL CARE, BUILDING & GROUNDS, AND DINING. FORM 990, PART VI, SECTION A, LINE 1A ERIC NICHOLS IS A "TRUSTEE/DIRECTOR" OF THIS ENDOWMENT FUND, BUT ALSO CEO OF BAY VILLAGE OF SARASOTA, INC. (THE RELATED ENTITY) ALL WAGES ARE PAID BY THE RELATED ENTITY. NO WAGES ARE PAID BY THIS ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THE BOARD OF TRUSTEES OF THE ENDOWMENT FUND SHALL CONSIST OF AT LEAST THREE VOTING MEMBERS, OF WHICH TWO OR MORE ARE MEMBERS OF THE BOARD OF DIRECTORS OF BAY VILLAGE OF SARASOTA, INC. ("BVI"). THE BOARD OF DIRECTORS OF BVI SELECTS THE MEMBERS OF THE BOARD OF TRUSTEES ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES OF THE ENDOWMENT FUND SHALL CONSIST OF AT LEAST THREE VOTING MEMBERS, OF WHICH TWO OR MORE ARE MEMBERS OF THE BOARD OF DIRECTORS OF BAY VILLAGE OF SARASOTA, INC. ("BVI"). THE BOARD OF DIRECTORS OF BVI SELECTS THE MEMBERS OF THE BOARD OF TRUSTEES ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11B BOARD MEMBERS ARE NOTIFIED THAT A DRAFT FORM 990 IS AVAILABLE FOR THEIR REVIEW AND OFFERED PAPER OR PDF COPIES UPON REQUEST. QUESTIONS AND COMMENTS ARE INVITED IN ADVANCE OF FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C BAY VILLAGE ENDOWMENT FUND ADOPTED THE CONFLICT OF INTEREST, WHISTLEBLOWER, AND WRITTEN DOCUMENT RETENTION POLICIES OF BAY VILLAGE OF SARASOTA, INC. WITH WHOM THEY SHARE THE SAME BOARD MEMBERS. THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THESE POLICIES THROUGH THE OVERSIGHT OF THE BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: THERE WERE NO CURRENT YEAR CHANGES TO THE AUDIT OVERSIGHT PROCESS. BAY VILLAGE OF SARASOTA INC 8400 VAMO RD SARASOTA FL 34231 591453706 CONTINUING CARE RETIREMENT COMMUNITY FL 501(C)(3) LINE 10 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0