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Fairhaven Corporation

Fairhaven Corporation

Whitewater, WI 53190
Tax ID39-0979908

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About this organization

Revenue

$12,644,237

Expenses

$12,087,499

Mission

To provide housing and services, including skilled nursing and rehab to senior adults.

About

Serving residents since 1962, Fairhaven Corporation (Fairhaven or the Corporation) is a nonprofit life plan community related to the Wisconsin Conference of the United Church of Christ, located in Whitewater, Wisconsin. Fairhaven's main campus includes independent apartments, assisted living, supportive living, memory care, and the health and rehabilitation center offering skilled nursing care. The Corporation offers life lease entrance fee and monthly fee agreements. During 2015, the Corporation decreased its community based residential facility (CBRF) license from 180 to 150 beds available in 105 apartments and 23 assisted living units. It also holds licenses for an 82-bed skilled nursing facility and a 24-bed CBRF memory care residence called Hearthstone. Prairie Village is an independent patio home community for those 55 and older located one mile from the main campus. For the years ended December 31, 2019 and 2018, 64 and 58 duplex units were in use, respectively.

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “To provide housing and services which promote dignity and well-being with spiritual, intellectual, cultural and recreational vitality.”.

When outlining its functions, they were explained as: “To provide housing and services, including skilled nursing and rehab to senior adults.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as WI.
  • The filing records the non-profit's address for 2020 as 435 STARIN ROAD, WHITEWATER, WI, 53190.
  • As of 2020, the non-profit's form reports a total of 349 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $556,738.
  • The organization has 16 independent voting members.
  • The organization was formed in 1962.
  • The organization pays $7,405,526 in salary, compensation, and benefits to its employees.
  • The organization pays $76,725 in fundraising expenses.

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