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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 Human Services Penney Retirement Community Inc.

Penney Retirement Community Inc.

Fiscal year ending 2024. Filed on October 28, 2024.

PO Box 555
Penney Farms, Florida 32079

Penney Retirement Community Inc. (EIN: 59-0624420) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Penney Retirement Community Inc., a 501(c)(3) charitable organization, reported compensation for 4 out of 332 total employees. Among the employees shown here, the average compensation is $145,279. The highest compensated employee at Penney Retirement Community Inc. is Teresa D Scott with fiscal year 2024 compensation of $223,806.

Revenue, expenses, and employee compensation

Revenue

$20,107,371

Expenses

$20,321,950

Employee compensation

$9,640,119
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Teresa D Scott
President and Chief Executive Officer
$223,806
$204,251 No related comp$19,555
Beth Ann Allen
Controller (Thru 4.2024)
$143,449
$127,721 No related comp$15,728
Jamie Standley
Nursing Home Administrator
$107,564
$102,442 No related comp$5,122
Tony Vernon
Chief Operating Officer and Chief Nursing Officer
$106,296
$101,234 No related comp$5,062

Benchmark Employee Compensation

Non-Employee Board Members

Bert van Royal
Director
Curry Pajcic
Director (Exited 2.2024)
Edward Wheeler
Director (Exited 1.2024)
Evelyn Dolly Hillman
Secretary
Frances Irvine
Director
Gary Meernik
Director
Gerald Agresti
Director
Helen Stephenss
Director
James Jb Renniger
Chair
James Knight
Director
Jimmy Lovelace
Treasurer
Lisa Valentine
Director (Exited 1.2024)

Contractors

Carlton Construction Inc.
Construction
$2,919,780
Stevenson Construction CO Inc.
Construction
$898,490
Functional Pathways
Patient Therapy
$824,108
James Dean Masonry Inc.
Construction
$356,171
Chaney's Home Improvement
Construction
$316,075

Mission Statement

PENNEY RETIREMENT COMMUNITY, INC IS AN INCLUSIVE CHRISTIAN CONTINUING CARE RETIREMENT COMMUNITY SEEKING THE ABUNDANT LIFE THROUGH SOCIAL INTERACTION AND SERVICE.

Revisions to this organization profile

October 28, 2024:
2024 Penney Retirement Community Inc. 990 filed
March 15, 2024:
2023 Penney Retirement Community Inc. 990 filed
May 15, 2023:
2022 Penney Retirement Community Inc. 990 filed

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