Federation Ccrc Operations Corp
21036 95th Ave S, Boca Raton, FL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $53,693,601 | $59,562,059 | -$104,792,609 |
| FY2024 | $50,481,131 | $58,810,063 | -$99,073,447 |
| FY2023 | $45,978,523 | $57,330,604 | -$91,385,615 |
| FY2022 | $34,610,476 | $52,742,577 | -$79,357,106 |
| FY2021 | $33,210,920 | $43,397,217 | -$60,946,955 |
| FY2020 | $39,521,877 | $43,136,831 | -$50,323,522 |
| FY2019 | $32,810,266 | $42,843,392 | -$46,818,245 |
| FY2018 | $31,165,226 | $40,801,112 | -$31,578,055 |
| FY2017 | $20,652,257 | $37,458,053 | -$21,531,131 |
| FY2016 | $4,642,576 | $8,656,438 | -$4,474,213 |
| FY2015 | $11,500 | $475,804 | -$460,351 |
| FY2014 | $36,215 | $603,782 | $3,953 |
| FY2013 | $0 | $278,865 | -$344,795 |
| FY2012 | $0 | $65,930 | -$65,930 |
Form 990 filings
The returns filed by Federation Ccrc Operations Corp (EIN 27-2296079), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $500,000 | 1% |
| Program service revenue | $51,421,991 | 96% |
| Other revenue | $1,771,610 | 3% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $48,228,135 | 81% |
| Management & general | $11,333,924 | 19% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 96% of total revenue in FY2025.
- Program services accounted for 81% of functional expenses, management & general 19%, and fundraising 0%.
- 81% of functional expenses went to program services in FY2025. That is higher than 25.5% of 47 Housing & Shelter organizations in FL.
- Net assets covered about -21.1 months of expenses at the end of the reporting year. That puts it in the 12th percentile among 658 Housing & Shelter organizations in FL.
- Total revenue was the highest among 688 Housing & Shelter organizations in FL.
- Total revenue rose from $0 in FY2012 to $53,693,601 in FY2025. Revenue increased in 10 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 14 of 14 reported years (FY2012, FY2013, FY2014, FY2015, FY2016, FY2017, FY2018, FY2019, FY2020, FY2021, FY2022, FY2023, FY2024, FY2025).
- Net assets declined from -$65,930 to -$104,792,609 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
- The IRS automatically revoked this organization's tax-exempt status on January 15, 2013.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO SERVE THE COMMUNITY THROUGH THE OWNERSHIP OF A CONTINUOUS CARE RETIREMENT COMMUNITY.
IRS status
| Ruling year | 2013 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | L22 — Housing & Shelter |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
| Automatic revocation | January 15, 2013 |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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