CONCORDIA OF FLORIDA INC

EIN: 371869372 501(c)(3) Housing & Shelter

Cabot, PA

Total Revenue
$21,011,047
Total Expenses
$22,055,599
Total Assets
$24,502,475
Net Assets
$2,280,160
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
FL
Principal Officer
Keith Frndak
Phone
7243521571
Tax Period
2024-07-01 to 2025-06-30

CONCORDIA OF FLORIDA INC, founded in 2017, is a mid-sized nonprofit in the Housing & Shelter sector that reported $21.0M in total revenue in fiscal year 2024.

Mission

The mission at Concordia of Florida is to provide high quality individual care for our aging community in need of independent living, personal care, skilled nursing, and rehabilitation therapy, in a Christian environment, and to serve those with limited funds to the best of our ability.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $50
Program Service Revenue $19,886,980
Investment Income $752,056
Other Revenue $371,961
TOTAL REVENUE $21,011,047

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,995,114
Fundraising Expenses $9,000
Program Expenses $19,319,478
Other Expenses $11,060,485
TOTAL EXPENSES $22,055,599

Year-over-Year Comparison

2024 2023 Change
Revenue $21,011,047 $20,084,875 +0.0%
Expenses $22,055,599 $21,173,879 +0.0%
Net Income $-1,044,552 $-1,089,004 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
1
Employees
373
Volunteers
19

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$1,815,851
Total Directors
9
$2,774,772
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Keith Frndak Chair/President 5
Officer Director
$0 $37,218 $905,273
Brian Hortert Secretary 1
Officer Director
$0 $36,679 $551,892
Martin Trettel Board Member 1
Director
$0 $28,512 $392,169
Michael Falbo Treasurer 1
Officer Director
$0 $33,072 $358,686
Hope Rouda Board Member 1
Director
$0 $11,151 $173,402
Shawnee Neff Board Member 1
Director
$0 $22,210 $159,408
Christina Driscoll Director of Marketing 45
Highest
$128,442 $16,260 $144,702
Holly Vareha Board Member 1
Director
$0 $7,192 $117,692
Patsy Bowser Board Member 1
Director
$0 $7,372 $116,250
Kimbery Guy Board Member 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $21,011,047 $22,055,599 $24,502,475 $-1,044,552
2024 No data No data No data No data
2023 $22,871,449 $23,619,208 $28,486,781 $-747,759
2022 $24,119,652 $27,854,116 $26,287,496 $-3,734,464
2021 $25,497,159 $23,723,389 $31,059,059 $1,773,770
2020 $26,289,901 $26,605,489 $32,659,077 $-315,588
2019 $28,259,688 $29,241,083 $31,118,804 $-981,395
2018 $11,776,766 $4,646,098 $30,302,285 $7,130,668
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