Overview
What is Friendship Village Of Mill Creek Nfp?
Friendship Village of Mill Creek Nfp, also known as Greenfields of Geneva, is a nonprofit organization located at 350 W Schaumburg Road in Schaumburg, Illinois (60194). This community provides living arrangements and services for seniors with campus-wide offerings, including dining, activities, maintenance, housekeeping, wellness programs, supportive services, and 24-hour security. They offer a range of private living arrangements, a fitness center, and additional amenities in their independent living area with 139 residences. Furthermore, they provide 49 assisted living apartments, 26 memory support units, and a 43-bed skilled healthcare facility. In the spirit of friendship, the organization offers distinctive homes and exceptional services to respect seniors' faith traditions, support their independence, and enhance their well-being. They extend their expertise and resources to partners, affiliates, and the broader community as an expression of friendship.
Official website here: www.greenfieldsofgeneva.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
Friendship Village Of Mill Creek Nfp has received a 66% rating from Charity Navigator, indicating a Two-Star status. This score is derived solely from the Accountability & Finance category, which reflects a significant focus on these aspects. While the organization has demonstrated strong financial management practices, such as a high program expense ratio of 87.5% and the absence of material diversion of assets, there are notable concerns regarding their governance structure.
One major area of concern is the complete lack of independent board members, which may raise questions about the oversight and decision-making processes within the organization. Additionally, although the charity has a robust audit and oversight committee and adheres to various operational policies, the absence of independent members on the board could potentially limit the organization's accountability and transparency.
Furthermore, the organization has been marked down for not posting their tax forms on their website, which is a key aspect of transparency for stakeholders. Despite its strong performance in certain financial metrics, the overall governance issues and lack of transparency may pose challenges for donor trust and long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Friendship Village Of Mill Creek Nfp legitimate?
Friendship Village Of Mill Creek Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Village Of Mill Creek Nfp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.greenfieldsofgeneva.org
What is the mission statement of Friendship Village Of Mill Creek Nfp?
Friendship Village of Mill Creek Nfp is a retirement community dedicated to providing distinctive homes and exceptional services for seniors. In the spirit of friendship, they respect the faith traditions of their residents, support their independence, and enhance their well-being. Their expertise and resources are extended beyond the community to partners, affiliates, and the broader community as an expression of friendship. The community offers various services including dining, activities, maintenance, housekeeping, wellness programs, supportive services, and 24-hour security. Residents have access to independent living arrangements, assisted living apartments, memory support units, and a skilled healthcare facility. The village aims to create an environment that fosters independence and promotes overall well-being for its senior residents.
Official website here: www.greenfieldsofgeneva.org
Who is the CEO of Friendship Village Of Mill Creek Nfp?
Michael Flynn is the Director of Friendship Village Of Mill Creek Nfp. The CEO's salary of Friendship Village Of Mill Creek Nfp is $0 and their total compensation is $288,531.
Official website here: www.greenfieldsofgeneva.org
What is the revenue of Friendship Village Of Mill Creek Nfp?
Friendship Village Of Mill Creek Nfp's revenue in 2022 was $18,887,020.
Official website here: www.greenfieldsofgeneva.org
Who are the executives of Friendship Village Of Mill Creek Nfp and what are their salaries?
There 1 volunteer at Friendship Village Of Mill Creek Nfp.
Here are 11 key members and their salaries (Friendship Village Of Mill Creek Nfp's CEO's salary is $0 and their total compensation is $288,531):
- Compensation: $0
- Related: $6,000
- Other: $0
- Compensation: $0
- Related: $2,700
- Other: $0
- Compensation: $0
- Related: $1,350
- Other: $0
- Compensation: $0
- Related: $2,100
- Other: $0
- Compensation: $0
- Related: $405,999
- Other: $9,203
- Compensation: $0
- Related: $264,190
- Other: $24,341
- Compensation: $0
- Related: $167,346
- Other: $24,295
- Compensation: $0
- Related: $111,006
- Other: $6,703
- Compensation: $0
- Related: $107,214
- Other: $7,312
- Compensation: $0
- Related: $126,452
- Other: $23,191
- Compensation: $0
- Related: $100,283
- Other: $160
Official website here: www.greenfieldsofgeneva.org
Where can I find the form 990 for Friendship Village Of Mill Creek Nfp?
Friendship Village Of Mill Creek Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greenfieldsofgeneva.org
Learn more at the official website: www.greenfieldsofgeneva.org
Mission Statement of Friendship Village Of Mill Creek Nfp
Friendship Village of Mill Creek Nfp is a long-term care retirement community dedicated to providing seniors with distinctive homes and exceptional services. In the spirit of friendship, this organization goes beyond just offering a place to live for seniors. It respects their faith traditions, supports their independence, and enhances their well-being.
The expertise and resources of Friendship Village of Mill Creek Nfp extend not only to its residents but also to its partners, affiliates, and the broader community as an expression of friendship. The community offers a range of services including dining, activities, maintenance, housekeeping, wellness programs, supportive services, and 24-hour security.
Residents have various living arrangements to choose from, such as independent living, assisted living, memory support units, and a skilled health care facility. The independent living area, which consists of 139 residences, offers a fitness center and other amenities to cater to the active lifestyle of seniors. With campus-wide services and a variety of living options, Friendship Village of Mill Creek Nfp ensures that seniors' needs are met, enabling them to live out their golden years with dignity and comfort.
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Impact
October, 2024
Friendship Village of Mill Creek significantly enhances the lives of seniors by providing a comprehensive long-term care retirement community. Its range of services includes independent living, assisted living, memory support, and skilled healthcare, ensuring that residents can find the level of care that best suits their needs.
The community fosters a vibrant lifestyle through a variety of amenities, including dining, wellness programs, and fitness facilities. This approach not only supports the physical health of residents but also promotes social engagement through activities and communal interactions. The commitment to 24-hour security and supportive services ensures peace of mind for both residents and their families.
Moreover, Friendship Village of Mill Creek emphasizes respect for residents' faith traditions while nurturing their independence. This holistic model of care not only enhances individual well-being but also contributes positively to the broader community by extending resources and expertise. In essence, it embodies the spirit of friendship, creating an inclusive environment where seniors can thrive.
This information is meant to be a general summary of Friendship Village Of Mill Creek Nfp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $173,784
- Program Service Revenue: $18,546,946
- Gross Receipts: $18,887,020
Assets and Liabilities:
- Total Assets: $83,520,637
- Total Liabilities: $128,273,748
- Net Assets: -$44,753,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERV REVENUE
Revenue
$16,050,252
AMORT. OF ENTRANCE FEES
Revenue
$2,496,694
Organization Details
Founding Year
2005
Phone
(847) 884-5000Principal Officer
Michael Flynn
Main Address
350 W SCHAUMBURG ROAD, SCHAUMBURG, IL, 60194
Website
www.greenfieldsofgeneva.orgNTEE Category
Code: P75 - Human services
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