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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Bay Village Endowment Fund

Bay Village Endowment Fund

Fiscal year ending 2024. Filed on September 22, 2025.

8400 Vamo Road
Sarasota, Florida 34231

Bay Village Endowment Fund (EIN: 59-1958932) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Bay Village Endowment Fund, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $370,587. The highest compensated employee at Bay Village Endowment Fund is Eric Nichols with fiscal year 2024 compensation of $431,242.

Revenue, expenses, and employee compensation

Revenue

$835,915

Expenses

$112,115

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Eric Nichols
President and Chief Executive Officer
$431,242
$0 $409,336 $21,906
Christina Wizba
Chief Financial Officer
$309,931
$0 $289,663 $20,268

Benchmark Employee Compensation

Non-Employee Board Members

Gerry Hailey
Trustee
Kathleen Junkins
Trustee
Kevin Hicks
Chair
Linda Getzen
Trustee
Robert Sherwood
Trustee
Roger Dirksen
Trustee
Tom Taylor
Trustee

Mission Statement

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.

Revisions to this organization profile

September 22, 2025:
2024 Bay Village Endowment Fund 990 filed
January 22, 2025:
2023 Bay Village Endowment Fund 990 filed
June 21, 2023:
2022 Bay Village Endowment Fund 990 filed

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