Compensation 990

Bonita Springs Retirement Village Inc.

Fiscal year ending 2024. Filed on November 14, 2025.

420 Delaware Drive
Fort Washington, Pennsylvania 19034

Bonita Springs Retirement Village Inc. (EIN: 26-2386152), also known as The Terraces at Bonita Springs, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Bonita Springs Retirement Village Inc., a 501(c)(3) charitable organization, reported compensation for 13 out of 306 total employees. Among the employees shown here, the average compensation is $1,117,382. The highest compensated employee at Bonita Springs Retirement Village Inc. is Lawrence G Schreiber with fiscal year 2024 compensation of $6,665,199.

Revenue, expenses, and employee compensation

Revenue

$24,394,854

Expenses

$32,592,839

Employee compensation

$10,670,948
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋9.2%vs 2023
Lawrence G Schreiber
President and CEO (Thru 10/31/2024)
$6,665,199
$0 from org$6,604,896 from related$60,303 other
＋34.6%vs 2023
Steven Ziegler
President and CLO (Thru 10/31/2024)
$1,808,396
$0 from org$1,752,513 from related$55,883 other
New in 2024
Gerald T Grant
Ceo/Chairman/Director (EFF 11/1/24)
$1,795,839
$0 from org$873,088 from related$922,751 other
New in 2024
Glenn D Fox
Assistant Secretary (EFF 11/1/24)
$993,306
$0 from org$499,910 from related$493,396 other
New in 2024
Karen I Christiansen
Pres./Vice Chair/Dir.(Eff. 11/1/24
$914,642
$0 from org$637,993 from related$276,649 other
New in 2024
Jonathan D Grant
Assistant Secretary (EFF 11/1/24)
$602,961
$0 from org$458,040 from related$144,921 other
New in 2024
Michele Wasserlauf
Executive Director
$449,959
$27,914 from org$328,858 from related$93,187 other
New in 2024
Susan Ahern
Treasurer (EFF 11/1/24)
$401,672
$0 from org$367,783 from related$33,889 other
New in 2024
Peggy C Valdivia
Assistant Treasurer (EFF 11/1/24)
$276,372
$0 from org$253,989 from related$22,383 other
＋4.7%vs 2022
David Gray
Nursing Home Administrator
$183,087
$174,711 from orgNo related comp$8,376 other
＋11.6%vs 2022
Lisa Cox
Nursing Director
$153,964
$141,345 from orgNo related comp$12,619 other
＋1.1%vs 2022
Rachel Henderson
SR Manager of Community Sales and Marketing
$147,032
$128,090 from orgNo related comp$18,942 other

Non-Employee Board Members

Benjamin Irving Doerr Jr
Treasurer (Thru 10/31/2024)
David Stewart
Director (Thru 10/31/2024)
Elric C Gerner
Secretary (Eff.11/1/24)
Glenda Evans Hood
Chair (Thru 10/31/2024)
Jackson Norman Saaer, Ph.D.
VICE Chair (Thru 10/31/2024)
James T Glynn
Director (EFF 11/1/24)
Kevin R Maddron
Director (Thru 10/31/2024)
Stuart Walker
Director (Thru 10/31/2024)

Contractors

New in 2024
Polsinelli PC
Legal
$1,347,243
New in 2024
Santafe Healthcare Inc.
Management
$980,000
New in 2024
Fti Consulting Inc.
Consulting
$924,812
New in 2024
Evolution E&S Corp.
Construction
$835,682
－28.0%vs 2023
Santafe Management Services
Management
$538,057

Mission Statement

THE PURPOSE OF BONITA SPRINGS RETIREMENT VILLAGE, INC. DBA THE TERRACES AT BONITA SPRINGS IS TO SERVE OLDER ADULTS SIXTY-TWO YEARS OF AGE AND OLDER, PROVIDING RETIREMENT-LIFE SERVICES INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, SKILLED NURSING CARE AND COMPLEMENTARY SERVICES; RESPONSIVE TO RESIDENT NEEDS IN A CHRISTIAN MANNER WITHOUT PREJUDICE OR PREFERENCE TO ANY FAITH, IN AN EXPRESSION OF LOVING KINDNESS.

Revisions to this organization profile

November 14, 2025:
2024 Bonita Springs Retirement Village Inc. 990 filed
November 15, 2024:
2023 Bonita Springs Retirement Village Inc. 990 filed
November 8, 2023:
2022 Bonita Springs Retirement Village Inc. 990 filed

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