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Florida · Nonprofit

WATERMAN COMMUNITIES INC

WATERMAN COMMUNITIES INC (Florida) receives grants from 1 organization whose IRS filings report $67,686 to it, the largest being Waterman Communities Foundation Inc ($67,686). 1 of them have funded it in more than one year.

Revenue FY2025
$51M
Funders on record
1
Grants received
$68k
Net assets
$-34988341
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Waterman Communities Inc does

Mission

As a community centered organization, waterman communities, inc. Makes it possible for residents to age successfully, living their best life with maximum wellness and independence through a broad range of services delivered with care, integrity, and professionalism.

As stated on its FY2025 Form 990.

Program

  1. Waterman communities, inc. (aka waterman village) provides senior living, independent living, assisted living, memory care, nursing care, home care and outpatient services, to its residents. The filing organization operates 418 independent living units, 77 assisted living units, a 24-bed memory care unit, and a 120-bed skilled nursing facility. The independent living units have the capacity to serve approximately 418 elderly residents or couples by providing meal in one of our five dining venues/experiences from buffet, sports bar, cafe to fine dining, transportation to medical appointments, shopping, activities, catering services, a gym and wellness, housekeeping, maintenance, cable television, internet, and some utilities. See schedule o for additional information

    $47,881,440 spentof which $148,223 as grants$50,268,072 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $47,881,440.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($30M) Expenses 100 ($30M)2018 Revenue 107 ($32M) Expenses 111 ($33M)2019 Revenue 103 ($31M) Expenses 107 ($32M)2020 Revenue 101 ($31M) Expenses 106 ($32M)2021 Revenue 103 ($31M) Expenses 108 ($32M)2022 Revenue 106 ($32M) Expenses 124 ($37M)2023 Revenue 139 ($42M) Expenses 176 ($52M)2024 Revenue 158 ($48M) Expenses 181 ($54M)2025 Revenue 169 ($51M) Expenses 180 ($54M)
'17'18'19'20'21'22'23'24'25
Revenue (169)Expenses (180)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $48M to $148M (+211%).

$33M
$35M
$44M
$48M
$148M
$151M
$142M
$133M
$130M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 4% · 2021 9% · 2022 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of WATERMAN COMMUNITIES INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (21% for the typical peer).

This organization
Typical peer · 3,400 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 9 reported years ran a deficit.

$528k
’17
−$606k
’18
−$832k
’19
−$842k
’20
−$1.0M
’21
−$4.8M
’22
−$10M
’23
−$5.9M
’24
−$2.3M
’25
1.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Kevin Mcewen

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed131414141416151415
Joined·+2+1+1+1+4+2+2+5
No longer listed·11112334
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income rose $5k → $44k.

Funder
'18
'19
'20
'22
'23
'24*
total
funders
1
1
1
1
1
1

From the IRS filings of WATERMAN COMMUNITIES INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of WATERMAN COMMUNITIES INC's grant income comes from Florida funders.

FL

In-state vs out-of-state, by year

’18
’19
’20
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

WATERMAN COMMUNITIES INC is better cushioned than half of the 2,297 human services nonprofits its size.

Operating margin−5% · bottom quartile
Months of reserve1.9mo · above the median
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 2,297 human services nonprofits $10M–$100M, FY2025

Government funding WATERMAN COMMUNITIES INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1k on record.

State$1k
22
24
Top programs
  • REFUNDS - GENERAL $1k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like WATERMAN COMMUNITIES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

FL

Part of a family of 1 related entity

  • Waterman Communities Foundation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for WATERMAN COMMUNITIES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WATERMAN COMMUNITIES INC?
WATERMAN COMMUNITIES INC (Florida) receives grants from 1 organization whose IRS filings report $67,686 to it, the largest being Waterman Communities Foundation Inc ($67,686). 1 of them have funded it in more than one year.
How many funders does WATERMAN COMMUNITIES INC have?
IRS filings report 1 organization giving $67,686 in grants to WATERMAN COMMUNITIES INC, 1 of which have funded it in more than one year.
Who is the largest funder of WATERMAN COMMUNITIES INC?
Waterman Communities Foundation Inc is the largest funder on record, with $67,686 in grants. The full list of funders is on this page.
How can an organization like WATERMAN COMMUNITIES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Waterman Communities →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing