Aviva Senior Living

Nonprofit profile at a glance

EIN
650091025
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Sarasota, FL, USA
Phone
9413770781
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Supportive Housing for Older Adults
Affiliation
Judaism

Official website

Reported finances

Revenue
$22,851,962
Expenses
$22,090,911
Assets
$23,441,306
Liabilities
$35,688,271

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • JAY SOLOMON (PRESIDENT/CEO)

Highest reported compensation

  • JAY SOLOMON (PRESIDENT/CEO): $318,715 total reported compensation
  • TERESA MARTIN (CHIEF HEALTHCARE ADMINISTRATOR): $157,981 total reported compensation
  • STACIE PLANTE (CHIEF FINANCIAL OFFICER): $133,760 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization fosters and promotes development of housing and related services to meet the needs of senior adults. At Aviva, we know that a fulfilling life doesn't stop when you need a little extra support. That's why our robust Life Enrichment program is designed with every resident in mind. Under the dedicated guidance of our Director of Life Enrichment, Aviva offers a thoughtfully curated calendar of activities, classes, programs, outings, and wellness seminars, all crafted to keep our assisted living residents engaged, inspired, and connected. A New Definition of Wellness For our Assisted Living residents, we want to be sure you are more than just busy each day. We want to ensure everything you do supports your overall health and wellbeing. To achieve that, our Life Enrichment team builds the Assiste.

What it reported doing in 2024

The organization operates kobernick house, an independent living retirement community which consists of 187 rental apartment units for the elderly, anchin pavilion which consists of a 70-bed assisted living & memory care facility, and benderson family skilled nursing and rehabilitation which consists of 45 skilled nursing beds. The campus has common areas of dining and activities areas. Anchin pavilion is available to residents transferring from kobernick house because of their need for a higher level of care, as well as residents from the general community. Benderson is available to residents from kobernick and anchin that require an even higher level of care, as well as residents from the community.

Operating model

Revenue model
Earned-program. 95% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 79
  • Accountability: 95
  • Sustainability: 40
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.1%; rating input score 66
  • Program expense ratio: 68.9%; rating input score 69
  • Fundraising efficiency: $3.01 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.3%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 1.06; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 1.52; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 4.8%; rating input score 52; 52nd percentile among comparable filings

Growth

  • Program expense growth: -0.5% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: 3.6% per year; rating input score 100; 30th percentile among comparable filings
  • Asset growth: -0.2% per year; rating input score 0; 10th percentile among comparable filings

Details

  • What they do: Mission, programs, and operating context captured from the official website.
  • Where the money goes: 66.1% of revenue deployed · 68.9% of spending went to programs
  • Governance: 13 of 13 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $15.2M in reported program spending
  • Leadership: top reported pay $319K · 22 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $5.5M reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 11/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 48/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 52/100.