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Friendship Home Association

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 420819620 ✦ Audubon, IA ✦ Designated as a 501(c)(3)

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Overview

What is Friendship Home Association?

Friendship Home Association is a nonprofit organization located in Audubon, Iowa, specifically at 714 N Division St. Their primary mission is to offer nursing and skilled care for the elderly and infirm, providing a compassionate and choice-filled environment. With a staff of 88 dedicated individuals, they operate within a Christian setting, ensuring their residents receive top-notch nursing care services. The organization's activities and mission are centered around providing quality care with respect and understanding, ensuring the well-being of their elderly residents.


Official website here: www.friendshiphome.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)

Friendship Home Association has received an 81% rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The charity’s scoring is heavily influenced by its performance in these areas, particularly demonstrating a robust independent board structure and thorough financial oversight mechanisms. The organization scored full points in multiple categories, including having a majority of independent board members and maintaining a conflict of interest policy.

The charity's program expense ratio stands at an impressive 82.50%, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs. This is a positive sign for donors interested in the efficacy of their contributions. Additionally, the organization has established policies for whistleblowers and document retention, which further underscores its dedication to transparency and proper governance.

However, it is worth noting that the organization received a low score in the liabilities to assets ratio, which may indicate potential financial risk. Despite this limitation, the overall financial health and governance practices of Friendship Home Association are commendable, making it a worthy consideration for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Friendship Home Association legitimate?

Friendship Home Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Home Association 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: $91,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,849,606

For more financial information, click here


Official website here: www.friendshiphome.com

What is the mission statement of Friendship Home Association?

The Friendship Home Association's mission involves providing nursing care services in a compassionate and choice-driven Christian setting. Their primary objective is to cater to the needs of elderly and infirm residents, ensuring a high standard of skilled care. The association's mission is centered around offering a nurturing environment that respects each resident's individual choices and personal beliefs.


Official website here: www.friendshiphome.com

Who is the CEO of Friendship Home Association?

Jessica Andersen is the Administrato of Friendship Home Association.


Official website here: www.friendshiphome.com

What is the revenue of Friendship Home Association?

Friendship Home Association's revenue in 2022 was $4,592,467.


Official website here: www.friendshiphome.com

Who are the executives of Friendship Home Association and what are their salaries?

The average compensation at Friendship Home Association during 2022 was $22,053. There are 88 employees at Friendship Home Association.


Here are 11 key members and their salaries:


Jessica Andersen (Administrato)
  • Compensation: $91,050
  • Related: $0
  • Other: $0
Mindy Alt (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Andersen (Former Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Genelle Deist (Former Presi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Edwards (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pattie Frohlich (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Jones (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shellie Madsen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Nelsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Wede (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Wiederstein (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friendshiphome.com

Where can I find the form 990 for Friendship Home Association?

Friendship Home Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.friendshiphome.com

Learn more at the official website: www.friendshiphome.com

Mission Statement of Friendship Home Association

The Friendship Home Association, a nonprofit organization, is dedicated to providing nursing care services for the elderly and infirm in a compassionate and choice-respecting Christian environment. Their mission revolves around operating a facility that offers skilled nursing care, ensuring the residents receive the best possible care while upholding their religious beliefs and personal choices.

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Impact




July, 2024

Friendship Home Association provides nursing care services for residents in a Christian setting of compassion and choice. Their impact can be seen in the quality care and support they offer to the elderly and infirm in Audubon, Iowa. Through their operation of a facility that provides nursing and skilled care, Friendship Home Association positively impacts the lives of those in need, promoting health and well-being within the community.




This information is meant to be a general summary of Friendship Home Association. 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.

Revenue
$4,592,467 (2022)
Expenses
$4,788,867 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $185
  • Program Service Revenue: $3,789,715
  • Gross Receipts: $4,592,467

Assets and Liabilities:

  • Total Assets: $5,349,154
  • Total Liabilities: $3,726,919
  • Net Assets: $1,622,235

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PATIENT AND RESIDENT REVENUE

Revenue

$3,778,364

CHILDREN'S NEST RENTAL

Revenue

$7,800

GUEST AND EMPLOYEE MEALS

Revenue

$3,551

Organization Details

Founding Year

1955

Principal Officer

Jessica Andersen

Main Address

714 N DIVISION ST, AUDUBON, IA, 50025

NTEE Category

Code: E91Z - Health

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