Florida Pace Centers Inc
77% goes to programs Strong reserves Growing revenue
Florida Pace Centers Inc is a 501(c)(3) organization based in Miami, Florida, registered in 2014, with $121,068,234 in FY2023 revenue. CharityIndex grades it A, and it directs about 77% of spending to programs.
5200 Ne 2nd Ave, Miami, FL, 33137 EIN 65-1051439 Since 2014
Revenue (FY2023)
$121.1M
▲ 21.0% vs prior year
Housing median: $408K
Expenses (FY2023)
$114.1M
Net assets
$70.5M
Employees
320
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating77% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Florida Pace Centers Inc: 77% to programs earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Florida Pace Centers Inc: 7 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Florida Pace Centers Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Florida Pace Centers Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provide health and supportive services to seniors living at home.
Contact & location
- Address
- 5200 Ne 2nd Ave, Miami, FL, 33137
- City
- Miami
- State
- Florida
- Category
- Housing & Shelter
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $32.3M (FY2013) to $121.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $24.1MNet assets $70.5M
Operating margin
5.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$94.5M
Total liabilities
$24.1M
Net assets
$70.5M
Salaries & benefits
$22.1M
19% of expenses
Board members
9
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $121,068,234▲21.0% | $114,051,233▲22.2% | $70,468,032▲11.1% | $94,546,089▲16.3% | 990 |
| 2022 | $100,071,722▲29.4% | $93,307,803▲35.8% | $63,451,031▲11.9% | $81,304,750▲19.0% | 990 |
| 2021 | $77,306,731▲5.1% | $68,701,425▲4.5% | $56,687,112▲17.9% | $68,300,995▲14.0% | 990 |
| 2020 | $73,566,290▲6.2% | $65,733,439▲3.3% | $48,081,806▲19.5% | $59,896,234▲26.9% | 990 |
| 2019 | $69,294,139▲23.6% | $63,637,880▲22.0% | $40,248,955▲16.4% | $47,196,919▲12.6% | 990 |
| 2018 | $56,075,674▲1.2% | $52,160,394▲9.0% | $34,592,696▲11.7% | $41,908,205▲7.0% | 990 |
| 2017 | $55,388,384▲22.1% | $47,837,229▲27.7% | $30,980,672▲33.1% | $39,167,753▲23.8% | 990 |
| 2016 | $45,372,285▲22.2% | $37,467,149▲9.4% | $23,276,656▲36.0% | $31,644,870▲36.3% | 990 |
| 2015 | $37,115,039▲19.8% | $34,261,701▲22.3% | $17,111,499▲16.8% | $23,225,458▲27.9% | 990 |
| 2014 | $30,971,581▼4.1% | $28,004,992▼11.4% | $14,645,079▲21.9% | $18,154,101▲14.3% | 990 |
| 2013 | $32,281,965 | $31,622,350▼15.8% | $12,010,203▲5.8% | $15,878,271▼4.8% | 990 |
| 2012 | — | $37,548,304▲31.0% | $11,353,025▲8.7% | $16,684,603▲0.9% | 990 |
| 2011 | — | $28,658,526▲20.4% | $10,441,483▲19.3% | $16,539,090▲18.2% | 990 |
| 2010 | — | $23,795,279▲66.3% | $8,752,666▲34.3% | $13,994,787▲43.4% | 990 |
| 2009 | — | $14,311,127 | $6,519,463 | $9,757,360 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Edilia Alzugaray — $379,968 (0.33% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Edilia Alzugaray | Associate Vice President M | 40 | $379,968 |
| Steven Hess | President | 40 | $322,133 |
| Madeline Castro | Medical Director | 40 | $289,623 |
| Aretha Nelson-casimir | Medical Director | 40 | $283,484 |
| Ivan Dominguez Casillas | Medical Director | 40 | $277,599 |
| Maria Lane | Associate Vice President | 40 | $193,805 |
| Lineth Fontela-hume | Site Director | 40 | $155,347 |
| Rubencio Gil Caraballo | Sr Site Director | 40 | $136,720 |
| Mireya Triana | Director of Clinical Opera | 40 | $134,128 |
| Nicole Goetz | Site Director | 40 | $132,490 |
| Suzana Simoes | Director of Rehabilitation | 40 | $131,475 |
| Alan Goldsmith | Treasurer | 40 | — |
| Alexander Fernandez | Director | 1 | — |
| Jayson Rittenberg | Vice Chair | 1 | — |
| Jeffrey Freimark | Chair | 1 | — |
| Leslie Torres | Secretary | 1 | — |
| Mark Reiner Md | Director | 1 | — |
| Merline Barton | Director | 1 | — |
| Michael Karukin | Director | 1 | — |
| Michael Silver | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Trhc Tpa LLC | Pharmacy Services | $8,802,819 |
| Miami Jewish Home & Hospital For the Age | Healthcare Services | $8,186,714 |
| Home Care Plus Nurse Registry LLC | Healthcare Services | $3,587,875 |
| Mount Sinai Medical Center | Healthcare Services | $3,102,632 |
| Douglas Gardens Home Care | Healthcare Services | $2,492,016 |
Grants received · $582K total
2 grants to Florida Pace Centers Inc totaling $582K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Alliance For Aging Inc | To provide grants to organizations assisting the elderly | 2015 | $212,792 |
| Alliance For Aging Inc | To provide grants to organizations assisting the elderly | 2014 | $369,686 |
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Frequently asked questions
- Is Florida Pace Centers Inc a legitimate nonprofit?
- Yes. Florida Pace Centers Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-1051439, based in Miami, Florida. Donations are tax-deductible.
- What is Florida Pace Centers Inc's EIN?
- Florida Pace Centers Inc's Employer Identification Number (EIN) is 65-1051439.
- How much revenue does Florida Pace Centers Inc report?
- Florida Pace Centers Inc reported $121,068,234 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Florida Pace Centers Inc's spending goes to programs?
- Florida Pace Centers Inc spends about 77% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Florida Pace Centers Inc have?
- CharityIndex grades Florida Pace Centers Inc A, based on program efficiency and fundraising cost.
- How much does Florida Pace Centers Inc's highest-paid employee make?
- The highest reported compensation on Florida Pace Centers Inc's latest Form 990 is $379,968, paid to Edilia Alzugaray (Associate Vice President M).
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Data for Florida Pace Centers Inc (EIN 65-1051439) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.