Overview
What is Friendship Haven Inc?
Friendship Haven Inc, located at 420 Kenyon Rd in Fort Dodge, Iowa (50501), is a nonprofit organization dedicated to providing innovative and responsive services for aging adults. The organization operates a continuing care retirement community, consisting of a skilled nursing facility with 155 licensed beds, an assisted living facility with 165 certified beds, and 108 independent living units. Friendship Haven Inc offers charity and benevolent care for individuals who cannot afford full fees for housing and services. The subsidiary, Friendship Haven Home Care, LLC, was established to provide private home health services to the residents of the community. The organization employs a total workforce of 474 individuals.
Official website here: www.friendshiphaven.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Friendship Haven Inc has achieved a respectable rating of 81%, reflecting a solid level of accountability and financial health. The organization boasts a fully independent board with no material diversion of assets reported, which highlights strong governance practices. Additionally, the charity scores full points in various categories such as financial oversight and the presence of essential policies, indicating a commitment to transparency and ethical standards.
The charity's program expense ratio stands at an impressive 87.14%, suggesting that the majority of its funds are effectively directed towards its programs rather than administrative costs. This is a positive sign for potential donors looking for impactful organizations. Overall, Friendship Haven demonstrates a commitment to its mission while maintaining good practices in fiscal responsibility.
However, while the organization performs well in governance and financial management, further user feedback or detailed program outcomes could provide additional insights into the effectiveness of its programs. Potential supporters may want to look for more qualitative data about the charity's impact on the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Friendship Haven Inc legitimate?
Friendship Haven Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Haven Inc 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: $345,247
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,738,891
For more financial information, click here
Official website here: www.friendshiphaven.org
What is the mission statement of Friendship Haven Inc?
Friendship Haven Inc is dedicated to providing innovative and responsive services for aging adults. This non-profit organization operates a continuing care retirement community, offering housing and healthcare services for elderly individuals. The community includes a skilled nursing facility with 155 licensed beds, an assisted living facility with 165 certified beds, and 108 independent living units. Friendship Haven extends charitable care to individuals who cannot afford full payment for housing and services. Additionally, Friendship Haven Home Care, L.L.C., a subsidiary of Friendship Haven Inc, was established to provide private home health services to the community's residents.
Official website here: www.friendshiphaven.org
Who is the CEO of Friendship Haven Inc?
Julie Thorson is the Ceo of Friendship Haven Inc. The CEO's salary of Friendship Haven Inc is $200,373 and their total compensation is $235,154.
Official website here: www.friendshiphaven.org
What is the revenue of Friendship Haven Inc?
Friendship Haven Inc's revenue in 2022 was $21,448,964.
Official website here: www.friendshiphaven.org
Who are the executives of Friendship Haven Inc and what are their salaries?
The average compensation at Friendship Haven Inc during 2022 was $23,384. There are 474 employees and 110 volunteers at Friendship Haven Inc.
Here are 18 key members and their salaries (Friendship Haven Inc's CEO's salary is $200,373 and their total compensation is $235,154):
- Compensation: $200,373
- Related: $0
- Other: $34,781
- Compensation: $144,874
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- Other: $33,663
- Compensation: $153,494
- Related: $0
- Other: $3,983
- Compensation: $113,479
- Related: $0
- Other: $13,161
- Compensation: $103,571
- Related: $0
- Other: $12,179
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Official website here: www.friendshiphaven.org
Where can I find the form 990 for Friendship Haven Inc?
Friendship Haven Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friendshiphaven.org
Learn more at the official website: www.friendshiphaven.org
Mission Statement of Friendship Haven Inc
Friendship Haven Inc, a dedicated organization, is committed to offering innovative and responsive services for aging adults. With a focus on providing comprehensive care, the nonprofit operates a Continuing Care Retirement Community that caters to the needs of elderly individuals. This community is comprised of a Skilled Nursing Facility with 155 licensed beds, an Assisted Living Facility with 165 certified beds, and 108 Independent Living Units.
Friendship Haven Inc goes above and beyond by offering charity and benevolent care to individuals who cannot afford to pay full fees for housing and services. The organization's commitment to caring for all, regardless of financial means, sets it apart. In addition, Friendship Haven Home Care, L.L.C., a wholly owned subsidiary of Friendship Haven Inc, was established to provide private home health services to the residents of the community.
Friendship Haven Inc's mission is rooted in its ability to adapt and respond to the unique needs of aging adults. By offering a range of services and accommodations, the organization fosters an environment that supports the physical, emotional, and social well-being of its residents. Through its dedication to innovation and responsiveness, Friendship Haven Inc continues to make a meaningful difference in the lives of aging adults.
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Impact
October, 2024
Friendship Haven Inc significantly impacts the lives of aging adults by providing innovative and responsive services tailored to their needs. Located in Fort Dodge, Iowa, it operates a comprehensive continuing care retirement community that features various living options, including a skilled nursing facility with 155 licensed beds, an assisted living facility with 165 certified beds, and 108 independent living units. This diverse array of housing ensures that elderly individuals can find appropriate care and accommodations that match their levels of independence and health requirements.
In addition to housing, Friendship Haven Inc offers a wide range of healthcare services, ensuring that residents receive the medical attention they need. The organization also extends its mission to support those in financial hardship by providing charity and benevolent care to individuals unable to afford full fees for housing and services. Furthermore, through its subsidiary, Friendship Haven Home Care, L.L.C., it delivers private home health services, enhancing the quality of life for residents who wish to remain in their homes while receiving necessary care.
Overall, Friendship Haven Inc serves as a vital resource for the elderly community, promoting dignity, health, and well-being among aging adults while striving to meet their evolving needs.
This information is meant to be a general summary of Friendship Haven Inc. 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: $127,186
- Program Service Revenue: $20,547,379
- Gross Receipts: $21,478,078
Assets and Liabilities:
- Total Assets: $50,852,514
- Total Liabilities: $43,508,687
- Net Assets: $7,343,827
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROUTINE SERVICES
Revenue
$20,547,379
Organization Details
Founding Year
1946
Phone
(515) 573-6018Principal Officer
Julie Thorson
Main Address
420 KENYON RD, FORT DODGE, IA, 50501
Website
www.friendshiphaven.orgNTEE Category
Code: L20 - Housing
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