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Passes our checks

Ccrc Development Corporation

EIN 20-3537708 · Oviedo, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak30 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It owes more than it owns.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

TO PROVIDE HOUSING, HEALTHCARE AND ASSISTIVE SERVICES TO THE ELDERLY THROUGH THE DEVELOPMENT OF AND OPERATION OF A CONTINUING CARE RETIREMENT COMMUNITY FOR SENIORS WHEREBY THEY CAN FIND ENRICHMENT THROUGH LIFE-LONG LEARNING, STATE-OF-THE ART WELLNESS, AND PARTICIPATION IN THE DAILY ACTIVITIES OF THE UNIVERSITY OF CENTRAL FLORIDA ("UCF") BY INTEGRATING THE SERVICES OF UCF COLLEGES WITHIN THE CCRC AND PROVIDING INTERNSHIP OPPORTUNITIES FOR STUDENTS. WE WILL BRING THE LIFE EXPERIENCES OF THE MEMBERS OF THE CCRC TO THE STUDENTS OF THE UNIVERSITY THROUGH MENTORING AND THE DEVELOPMENT OF OTHER INTERGENERATIONAL PROGRAMS TO FACILITATE THE CREATION OF A MULTI-GENERATIONAL UNIVERSITY CAMPUS. WE WILL PARTNER WITH THE LEARNING INSTITUTE FOR ELDERS (LIFE) GROUP AT UCF, WHICH WILL PROVIDE EDUCATIONAL PROGRAMMING FOR THE MEMBERS OF THE CCRC.

Income
$23.7 million
Spending
$30.9 million
Spent on programs
90%
Reserves
-69.9 months of spending
Largest source of income
fees for its services, 97%
Employees
394
Volunteers
40
Highest pay
$156,092, skilled nursing mds coordinator

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 30 out of 100. Higher than 6% of charities in its peer group (housing, $10m to $100m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    0 of 20

    It owes 121% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 30% of income.

  • Income trend

    15 of 15

    Income rose 77% on the year before.

  • Spending floor

    15 of 15

    90% of spending went to programs.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 44% of charities in its peer group (housing, $10m to $100m).

  • Independent board

    25 of 25

    10 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $27.8 million spent. The Continuing Care Retirement Community ("CCRC") near the UCF Campus provides, on a non-profit basis, housing, dining, housekeeping, laundry, transportation, activities, assisted living care, memory support care, and skilled nursing care. The CCRC opened at the end of December 2021 and has 140 independent living apartments, 32 villas, and 48 assisted living apartments, 32 memory supports apartments, and 48 skilled nursing beds.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on November 15, 2010 for not filing returns for three years, and reinstated on November 15, 2010.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.