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Friends of Faith Retirement Homes Inc.

Friends of Faith Retirement Homes Inc.

Waterloo, IA
Tax ID51-0245745

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Payment method

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Amount

$USD
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About this organization

Revenue

$20,029,034

Expenses

$17,917,290

Website

friendshipvillageiowa.com

Mission

Lifecare for adults 62 and over.

About

To promote the dignity of adults 62 and over by providing a continuum of care including independent living, assisted living and skilled nursing care living accommodations and services whereby these adults may be assisted in maximizing their physical and spiritual well-being while maintaining their financial independence in a congenial environment with a Christian ministry.

Interesting data from their 2019 990 filing

The purpose of the non-profit, as set forth in the filing, is “Lifecare for adults 62 and over.”.

When discussing its purpose, they were characterized as: “Lifecare for adults 62 and over.”.

  • The state in which the non-profit is legally authorized to operate is IA, as reported.
  • The filing confirms that the non-profit's address in 2019 was 600 PARK LANE, WATERLOO, IA, 50702.
  • The form of the non-profit reports 449 employees as of 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $2,111,744.
  • The remuneration of the CEO of the organization is based on an independent review and approval process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 12 independent voting members.
  • The organization was formed in 1966.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $9,202,857 in salary, compensation, and benefits to its employees.
  • The organization pays $81,607 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

Additional Non-Profits in the area

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