Ocoee Foundation Inc in Cleveland, Tennessee (TN)

Table of contents:

Organization representatives - add corrected or new information about Ocoee Foundation Inc »

Non-representatives - add comments about Ocoee Foundation Inc»

Ocoee Foundation Inc
Employer Identification Number (EIN)621820576
Name of OrganizationOcoee Foundation Inc
In Care of NameJohn J Sheehan Jr
Address3555 Keith St Nw Ste 101, Cleveland, TN 37312-4375
SubsectionCharitable Organization
Ruling Date12/2000
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$17,124,067
Amount of Income$18,072,474
Form 990 Revenue Amount$18,071,121
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Nursing, Convalescent Facilities


Non-representatives - add comments:


CAPTCHA

Your IP address 54.196.57.63 will be logged.

Amount of income in 2012: $18,072,474
Ocoee Foundation Inc: 

 $18,072,474
Other organizations performing similar types of work: 

 $4,157,478

Assets in 2012: $17,124,067
Ocoee Foundation Inc: 

 $17,124,067
Other organizations performing similar types of work: 

 $2,691,534

Expenses in 2002: $208,734
This organization: 

 $208,734
Other organizations performing similar types of work: 

 $21,201,930

Income to expenses ratio in 2002: 1.2
This organization: 

 1.2
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2002: 94.4%
Ocoee Foundation Inc: 

 94.4%
Other organizations performing similar types of work: 

 89.2%

Grants share in income in 2002: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2002

Assets at end of 2002

Expenses for 2002

Functional Expenses for 2002 ($)

Income-Producing Activities for 2002

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20012002
Total revenue$2,846,475$257,004
Contributions, gifts, grants, and similar amounts received$2,875,110$0
Contributions to donor advised funds
Direct public support$2,875,110$0
Indirect public support$0$0
Government contributions (grants)$0$0
Program service revenue including government fees and contracts$0$201,200
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$32$55,804
Dividends and interest from securities$0$0
Net rental income or (loss)$-28,667$0
Gross rents$15,000$0
Less: rental expenses$43,667$0
Other investment income$0$0
Gain or (loss) from sales of assets other than inventory$0$0
Gross amount from sales of assets other than inventory$0$0
Less: cost or other basis and sales expenses$0$0
Net income or (loss) from special events and activities$0$0
Gross revenue$0$0
Less: direct expenses other than fundraising expenses$0$0
Gross profit or (loss) from sales of inventory$0$0
Gross sales of inventory, less returns and allowances$0$0
Less: cost of goods sold$0$0
Other revenue$0$0
Total expenses$17,218$208,734
Program services$10,444$197,085
Management and general$6,774$11,649
Fundraising$0$0
Payments to affiliates$0$0
Net assets or fund balances at end of year$2,829,257$2,877,527
Excess or (deficit) for the year$2,829,257$48,270
Net assets or fund balances at beginning of year$0$2,829,257
Other changes in net assets or fund balances$0$0
Statement of Functional Expenses (for 2002)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$208,734$197,085$11,649$0
Grants paid from donor advised funds
Other grants and allocations$13,500
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$874$0$874$0
Legal fees$4,087$0$4,087$0
Supplies$4,067$4,067$0$0
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$5,289$0$5,289$0
Interest$31,538$31,538$0$0
Depreciation, depletion, etc.$140,586$140,586$0$0
Other expenses not covered above$8,793$7,394$1,399$0
Balance Sheets
20012002
Total assets$2,829,257$3,527,527
Cash - non-interest-bearing$105,907$121,194
Savings and temporary cash investments$0$10,000
Accounts receivable less allowance for doubtful accounts$0$0
Pledges receivable less allowance for doubtful accounts$0$0
Grants receivable$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0$650,000
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$0$0
Investments - publicly-traded securities
Investments - other securities$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0
Investments - other$0$0
Land, buildings, and equipment less accumulated depreciation$2,723,350$2,746,333
Other assets, including program-related investments$0$0
Total liabilities$0$650,000
Accounts payable and accrued expenses$0$0
Grants payable$0$0
Deferred revenue$0$0
Loans from officers, directors, trustees, and key employees$0$0
Tax-exempt bond liabilities$0$0
Mortgages and other notes payable$0$650,000
Other liabilities$0$0
Total liabilities and net assets/fund balances$2,829,257$3,527,527
Total net assets or fund balances$2,829,257$2,877,527
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20012002
Total revenue$0$0
Total revenue, gains, and other support per audited financial statements$0$0
Other expenses$0$0
Net unrealized gains on investments$0$0
Donated services and use of facilities$0$0
Recoveries of prior year grants$0$0
Other$0$0
Other revenue$0$0
Investment expenses$0$0
Other$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20012002
Total expenses$0$0
Total expenses and losses per audited financial statements$0$0
Other revenue$0$0
Donated services and use of facilities$0$0
Prior year adjustments$0$0
Losses$0$0
Other$0$0
Other expenses$0$0
Investment expenses$0$0
Other$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2002)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$0$257,004
Program service revenue
Program service revenue 1000000$000$0$201,200
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$55,804
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
999999999100%$201,530$2,785,583
999999999100%$9,903$9,957
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
Enter the total number of donor advised funds owned at the end of the tax year
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
20002001
Total$0$140,110
Gifts, grants, and contributions received$0$125,110
Membership fees received$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$15,000
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0
Net income from unrelated business activities not included above$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0
Other income$0$0
Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$18,598,341
Contributions, Gifts, Grants and Other Similar Amounts$18,566,019
Program Service Revenue$16,864
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2,519
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-1,226
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $29,700
Less: cost or other basis and sales expenses (Securities / Other)$0 / $30,926
Gain or (loss) (Securities / Other)$0 / $-1,226
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$14,165
Statement of Functional Expenses (for 2011)
Total functional expenses$16,720,254
Compensation of current officers, directors, trustees, and key employees$200,000
Other salaries and wages$6,887,046
Payroll taxes$636,684
Professional fundraising services$0
Other$8,996,524
Balance Sheet (for 2011)
Total assets$16,380,978
Total liabilities$9,012,305
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$7,956,641
Unsecured notes and loans payable to unrelated third parties$0
Other$1,055,664
Total net assets or fund balances$7,368,673
Retained earnings, endowment, accumulated income, or other funds$7,368,673
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$56,956,149
Gifts, grants, contributions, and membership fees received$56,601,651
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$354,498
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Ocoee Foundation Inc to others? (optional)
  
Add photo of Ocoee Foundation Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»

Sweepstakes

Special limited-time promotion! Submit your review for a chance to win $500 in our sweepstakes!



Your email address (you will not be contacted unless you win, we do not sell your email address or send any spam):


Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Health Services Management Inc206 Fortress Blvd, Murfreesboro, TN 37128-5269TN2000-05$162,872,365
2Jewish Home Lifecare Harry And Jeanette Weinberg Campus Bronx100 W Kingsbridge Rd, Bronx, NY 10468-3961NY1970-06$128,872,612
3Center For Nursing & Rehabilitation Inc612 Allerton Ave, Bronx, NY 10467-7404NY1973-05$90,426,273
4Provident Resources Group Inc, Provident Group5565 Bankers Ave, Baton Rouge, LA 70808-2608LA2000-06$81,049,780
5Hebrew Home Of Greater Washington Inc6121 Montrose Rd, Rockville, MD 20852-4803MD2011-12$70,984,138
6American Eagle Lifecare Corporation1050 Chinoe Rd Ste 350, Lexington, KY 40502-6571KY2002-11$68,142,267
7Madlyn And Leonard Abramson Center For Jewish Life, Group Return1425 Horsham Rd, North Wales, PA 19454-1320PA1973-05$65,379,920
8Eldertrust Of Florida Inc500 Union Street No 2700, Nashville, TN 37219TN2000-12$64,595,473
9Rivington House Health Care Facility154 Christopher Street Suite 2, New York, NY 10014-2840NY1995-03$62,068,869
10Loretto Health And Rehabilitation Center, Levitzky Ina J Ttee700 E Brighton Ave, Syracuse, NY 13205-2201NY2005-01$49,654,041
11Seniortrust Of Florida Inc511 Union Street No Suite, Nashville, TN 37219-1733TN2000-12$41,189,327
12Baptist Homes Society489 Castle Shannon Blvd, Pittsburgh, PA 15234-1419PA1944-11$40,704,980
13Sephardic Home For The Aged Inc, Sephardic Nursing And Rehab Center2266 Cropsey Ave, Brooklyn, NY 11214-5706NY1954-10$36,360,578
14Benedictine Care Centers Green Prairie Place1995 E Rum River Dr S, Cambridge, MN 55008-2656MN1946-03$30,573,080
15Kendal On Hudson1010 Kendal Way, Sleepy Hollow, NY 10591-1055NY1997-10$29,041,473
16Buena Vida Corp, Buena Vida Nursing Home48 Cedar St, Brooklyn, NY 11221-3253NY1995-04$25,365,090
17St Annes Nursing Center St Annes Residence Inc11855 Quail Roost Dr, Miami, FL 33177-3956FL1985-10$21,921,364
18Uvmc Nursing Care Inc3130 N County Road 25a, Troy, OH 45373-1337OH1989-06$20,800,427
19The Groves1001 W Walnut, Independence, MO 64050MO2004-09$18,795,122
20Magnolia Manor Of Columbus Inc2001 S Lee St, Americus, GA 31709-4715GA2007-09$18,212,565
21Ocoee Foundation Inc3555 Keith St Nw Ste 101, Cleveland, TN 37312-4375TN2000-12$18,072,474
22Central Connecticut Senior Health Services Inc, Southington Care Center45 Meriden Ave, Southington, CT 06489-3214CT1987-03$17,300,023
23Healtheast Care Center-White Bear LakeBethesda Of South St Paul 6063 Huds, Woodbury, MN 55125MN2000-10$16,321,060
24Covenant Woods7090 Covenant Woods Dr, Mechanicsville, VA 23111-7025VA1942-10$15,642,194
25Ashland Nursing Home Corporation2500 State Route 5, Ashland, KY 41102-9102KY2001-09$13,532,219
26Foundation For Health Care Continuums2517 Myers Park Ct, Brentwood, TN 37027-2201TN1997-02$26,753,118
27Amg Healthcare Centers Inc Peachtree Center, Peachtree Center6815 Shallowford Rd, Chattanooga, TN 37421-1755TN1995-12$2,231,956
28Cedarcroft Home IncPO BOX 1266, Lebanon, TN 37088-1266TN1997-03$1,627,933
29Gallatin Senior Housing Inc148 Prince St, Gallatin, TN 37066TN1994-04$310,766
30New Hope Foundation629 Woodland Street, Nashville, TN 37206TN2001-05$0
Number of organizations performing similar types of work
Alabama4
Arkansas7
Arizona2
California27
Colorado6
Connecticut3
District of Columbia2
Florida28
Georgia22
Iowa8
Idaho3
Illinois18
Indiana2
Kansas7
Kentucky4
Louisiana8
Massachusetts34
Maryland8
Maine2
Michigan9
Minnesota25
Missouri13
Mississippi7
Montana3
North Carolina8
North Dakota3
Nebraska4
New Jersey9
New Mexico2
Nevada2
New York44
Ohio17
Oklahoma4
Oregon7
Pennsylvania26
Rhode Island3
South Carolina7
South Dakota6
Tennessee13
Texas23
Utah2
Virginia8
Vermont1
Washington2
Wisconsin12
West Virginia1
Wyoming1
Total457

faqs.org is not associated with, endorsed by, or sponsored by Ocoee Foundation Inc and has no official or unofficial affiliation with Ocoee Foundation Inc