Public Charity

CYPRESS COVE AT HEALTHPARK FLORIDA INC

Based in FORT MYERS, FL, CYPRESS COVE AT HEALTHPARK FLORIDA INC operates as a Public Charity. The organization reported $65.6M in revenue, $67.9M in expenses, $303.0M in total assets for fiscal year 2025. Imperigo tracks 14 reported grant relationships connected to this organization totaling approximately $9.9M.

EIN: 650610085 FORT MYERS, FL Supportive Housing for Older Adults NTEE: P75 Latest filing: 2025
Total Revenue$65.6M
Total Expenses$67.9M
Total Assets$303.0M
Grant Records14
Funding Total$9.9M
Filing Years2021–2025

Mission

TO CREATE AND SUSTAIN A CONTINUING CARE RETIREMENT COMMUNITY AT HEALTHPARK, FL AT A REASONABLE COST, AN ENVIRONMENT OF VITALITY WHILE COMFORTABLE AND SECURE. CYPRESS COVE OFFERS THE SECURITY OF CONTINUING CARE WHEREBY RESIDENTS WHO HAVE QUALIFIED (CONTINUED ON SCHEDULE O)BOTH FINANCIALLY AND PHYSICALLY, CAN LIVE WITHIN THE COMMUNITY AND, IF NEEDED, RECEIVE ASSISTED LIVING AND SKILLED CARE FOR THE CONTRACTUAL MONTHLY FEE FOR THE DURATION OF THEIR LIVES. CYPRESS COVE WILL NOT DISMISS OR TERMINATE THE RESIDENT SOLELY BECAUSE OF FINANCIAL INABILITY TO PAY ALL OR A PART OF THE CONTRACTED MONTHLY SERVICE FEE. RESIDENTS CONTINUE THEIR ACTIVE AND INDEPENDENT LIFESTYLES, AGING WITH DIGNITY AND ADDED PEACE OF MIND.

Where $100 goes at Cypress Cove at Healthpark Florida Inc

How Cypress Cove at Healthpark Florida Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$93 Programs the work itself
$7 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $93 for programs

$69
Providing a continuing care community including 354 independent living apartments and 68 villas together with appropriate common and amenity areas situated on 48 acres of the healthpark florida…
74% of program spending · Reported in the filing: 48 acres
$24
Our health center provides 44 assisted living and memory care assisted living units with an average occupancy of 84 beds as well as 64 skilled nursing units and…
26% of program spending · Reported in the filing: 84 beds; 64 units
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Bruce Strayhorn
CHAIRMAN (THRU 05/25) Charles Edwards Sr
DIRECTOR Claudia Cowart
VICE CHAIR (THRU 05/25) Dan Adams
SEC (THRU 04/25);CHAIR (AS OF 05/25) Dawson Mcdaniel
DIRECTOR OF REHAB Diana Rippl

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$3,297,004 3 grants
General Support
$99,705 4 grants
Human & Social Services
$10,000 1 grant
Unspecified
$6,445,242 6 grants

Financial Trends

Year Revenue Expenses Assets
2025 $65.6M $67.9M $303.0M
2024 $62.1M $60.5M $298.1M
2023 $51.6M $52.6M $312.1M
2022 $40.6M $47.6M $238.8M
2021 $33.3M $42.4M $165.1M

Between 2021 and 2025, reported annual revenue grew from $33.3M to $65.6M (+97%), with total assets most recently reported at $303.0M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CYPRESS COVE AT HEALTHPARK FLORIDA INC

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