Overview
What is Friends House Retirement Community?
Friends House Retirement Community is a nonprofit organization located at 17340 Quaker Lane, Sandy Spring, MD, 20860. Established under the care of the Religious Society of Friends, this community offers a secure and caring setting for older adults, providing them with an affordable and fulfilling retirement experience. The organization operates with 173 employees and is equipped to accommodate 82 residents requiring comprehensive care and 24 assisted-living residents. Friends House Retirement Community stands by Quaker values such as simplicity, peace, nonviolence, integrity, community, equality, stewardship, and sustainability. Their primary mission is to offer personal, sub-acute care for individuals who need medical, rehabilitative, or terminal care in a long-term setting. The community provides boarding, lodging, maintenance, and certain nursing and medical care under a standard service agreement. In addition, there are 75 apartments and 30 cottages available. Friends House Retirement Community welcomes senior adults regardless of race, color, disability, gender identity, age, sexual orientation, religious affiliation, national origin, or familial status.
Official website here: www.friendshouse.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Friends House Retirement Community has received a Three-Star rating from Charity Navigator, indicating a solid performance primarily in the area of Accountability & Finance. The charity scored particularly well on various indicators, demonstrating strong governance with an entirely independent board and effective financial oversight. Their high program expense ratio of 82.76% showcases a commitment to utilizing funds for their intended programs.
The organization has established robust policies, including conflict of interest and whistleblower protections, which further enhance its accountability. However, a notable weakness is reflected in the liabilities to assets ratio, where they scored 0 out of 15 points, suggesting potential financial vulnerabilities that could require attention.
Overall, while Friends House Retirement Community demonstrates strengths in governance and financial accountability, certain areas may necessitate improvement to bolster their financial health and overall stability.
This AI summary has been generated from information found on Charity Navigator.
Is Friends House Retirement Community legitimate?
Friends House Retirement Community is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends House Retirement Community 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: $422,869
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,883,344
For more financial information, click here
Official website here: www.friendshouse.com
What is the mission statement of Friends House Retirement Community?
Friends House Retirement Community is dedicated to providing personalized, sub-acute care for individuals requiring medical, rehabilitative, or terminal care in a long-term setting. The organization offers a compassionate and caring environment, accommodating residents regardless of race, color, disability, gender identity, age, sexual orientation, religious affiliation, national origin, or familial status. Guided by Quaker values such as simplicity, peace and nonviolence, integrity, community, equality, stewardship, and sustainability, Friends House Retirement Community ensures that each resident receives thorough boarding, lodging, maintenance, and nursing care under a standard service agreement. Additionally, the community offers apartments and cottages for older adults seeking an affordable and fulfilling retirement experience in a secure setting.
Official website here: www.friendshouse.com
Who is the CEO of Friends House Retirement Community?
Philip Burkholder is the Clerk of Friends House Retirement Community. The CEO's salary of Friends House Retirement Community is $238,259 and their total compensation is $252,620.
Official website here: www.friendshouse.com
What is the revenue of Friends House Retirement Community?
Friends House Retirement Community's revenue in 2022 was $15,489,374.
Official website here: www.friendshouse.com
Who are the executives of Friends House Retirement Community and what are their salaries?
The average compensation at Friends House Retirement Community during 2022 was $30,672. There are 173 employees and 55 volunteers at Friends House Retirement Community.
Here are 16 key members and their salaries (Friends House Retirement Community's CEO's salary is $238,259 and their total compensation is $252,620):
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- Compensation: $238,259
- Related: $0
- Other: $14,361
- Compensation: $148,017
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- Other: $8,352
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- Compensation: $104,098
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- Other: $1,993
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Official website here: www.friendshouse.com
Where can I find the form 990 for Friends House Retirement Community?
Friends House Retirement Community's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friendshouse.com
Learn more at the official website: www.friendshouse.com
Mission Statement of Friends House Retirement Community
Friends House Retirement Community is a long-term healthcare facility dedicated to providing personal and sub-acute care for individuals in need of medical, rehabilitative, or terminal care. The organization welcomes senior adults, regardless of race, color, disability, gender identity, age, sexual orientation, religious affiliation, national origin, or familial status, into a secure and caring setting. Operating under the care of the Religious Society of Friends, Friends House Retirement Community is guided by Quaker values of simplicity, peace and nonviolence, integrity, community, equality, stewardship, and sustainability.
The mission of Friends House Retirement Community is to offer comprehensive care services to residents, currently licensed for 82 comprehensive care beds and 24 assisted-living beds. Under a standard service agreement, the Community provides each resident with board, lodging, maintenance, and certain nursing and medical care. The organization's offerings extend beyond care services, as it also features 75 apartments and 30 cottages, providing older adults with an affordable and fulfilling retirement experience. Friends House Retirement Community fosters an inclusive community where residents are treated with respect and dignity, allowing them to enjoy their later years in peace and security.
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Impact
October, 2024
Friends House Retirement Community significantly impacts the lives of older adults by providing essential sub-acute care tailored to individuals in need of medical, rehabilitative, or terminal support. Located in Sandy Spring, MD, it offers a comprehensive service model that includes 82 licensed care beds and 24 assisted-living beds, ensuring residents receive the necessary healthcare services in a long-term residential environment.
The community promotes a fulfilling retirement experience by offering not only healthcare but also a sense of security and belonging. With amenities such as 75 apartments and 30 cottages, it caters to a diverse population of seniors, welcoming individuals regardless of race, color, disability, gender identity, sexual orientation, age, religious affiliation, national origin, or familial status. This inclusivity fosters a sense of community that aligns with the Quaker values of simplicity, peace, integrity, and equality.
By focusing on both physical health and emotional wellbeing, Friends House creates an environment where residents can thrive in their golden years. Through its commitment to affordable and comprehensive care, the community enhances the quality of life for those it serves, making it a vital resource for older adults and their families.
This information is meant to be a general summary of Friends House Retirement Community. 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: $335,685
- Program Service Revenue: $13,333,852
- Gross Receipts: $16,221,693
Assets and Liabilities:
- Total Assets: $48,665,221
- Total Liabilities: $35,000,641
- Net Assets: $13,664,580
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH CARE SERVICES
Revenue
$8,405,846
INDEPENDENT LIVING SERVICES
Revenue
$2,401,993
ASSISTED LIVING SERVICES
Revenue
$1,300,912
AMORTIZATION OF ENTRY FEES
Revenue
$1,040,899
ANCILLARY SERVICES
Revenue
$184,202
Organization Details
Founding Year
1968
Phone
(301) 924-5100Principal Officer
Philip Burkholder
Main Address
17340 QUAKER LANE, SANDY SPRING, MD, 20860
Website
www.friendshouse.comNTEE Category
Code: E91Z - Health
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