Overview
What is Friendship Apartment Village Corporation?
Friendship Apartment Village Corporation is a dedicated nonprofit organization committed to offering high-quality residential and clinical services to its residents and the wider community. Through their mission, they provide appropriately licensed housing facilities, recreational activities, assistance with daily living tasks, and rehabilitative services. The organization's primary goal is to support their residents, fostering an environment that promotes peace of mind. This is achieved by offering a variety of amenities and resources, enhancing the overall well-being and quality of life for those they serve.
Official website here: www.friendship.us
What are the reviews and ratings of this charity?
Charity Navigator Rating 90%
Friendship Apartment Village Corporation has received a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The organization boasts a perfect score for the independence of its board members, ensuring that governance is free from external influences. Additionally, the oversight committee's robustness, accompanied by a well-documented approach to conflict of interest and whistleblower policies, highlights its dedication to transparency and ethical practices.
Financially, the nonprofit shows a solid program expense ratio of 74.77%, indicating that a significant portion of its budget is directed towards its mission-related activities. However, its liabilities to assets ratio stands at 57.34%, which suggests that the organization may have moderate financial leverage. While this is not alarming, it is a factor worth monitoring for long-term sustainability.
Overall, Friendship Apartment Village Corporation demonstrates strong governance and financial practices, which contribute to its effective operational capacity. The organization appears well-positioned to continue making a positive impact, although it should keep an eye on its financial ratios to ensure ongoing stability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Friendship Apartment Village Corporation?
84% of reviewers on Facebook recommend Friendship Apartment Village Corporation. Here is a summary of their reviews: Generally, the organization has received positive assessments regarding their mission and impact on the community, with many highlighting the importance of their services. However, some individuals have expressed dissatisfaction about the work environment, particularly regarding employee treatment.
While many appreciate the service provided to residents, there are concerns regarding employee relations that may affect overall morale and efficiency. This sentiment indicates that while the nonprofit plays an important role, there may be internal challenges that could be improved for better employee satisfaction.
In conclusion, this organization appears to fulfill a valuable role in the community, but enhancing the work environment for its staff may be essential for maximizing its positive impact.
This AI summary has been generated from reviews found on Facebook.
Is Friendship Apartment Village Corporation legitimate?
Friendship Apartment Village Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Apartment Village Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $687,366
For more financial information, click here
Official website here: www.friendship.us
What is the mission statement of Friendship Apartment Village Corporation?
The mission of Friendship Apartment Village Corporation is centered around supporting its residents and the community. They strive to achieve this by offering high-quality residential and clinical services. This includes providing appropriately licensed housing accommodations, engaging in recreational activities, and offering assistance in daily living. Furthermore, they provide rehabilitative services to enhance the overall well-being of their residents. The corporation is committed to enhancing the lives of its residents and the community through these services.
Official website here: www.friendship.us
Who is the CEO of Friendship Apartment Village Corporation?
C Michael Shannon is the Director of Friendship Apartment Village Corporation. The CEO's salary of Friendship Apartment Village Corporation is $0 and their total compensation is $520,011.
Official website here: www.friendship.us
What is the revenue of Friendship Apartment Village Corporation?
Friendship Apartment Village Corporation's revenue in 2022 was $5,384,949.
Official website here: www.friendship.us
Who are the executives of Friendship Apartment Village Corporation and what are their salaries?
The average compensation at Friendship Apartment Village Corporation during 2022 was $21,480. There are 32 employees at Friendship Apartment Village Corporation.
Here are 17 key members and their salaries (Friendship Apartment Village Corporation's CEO's salary is $0 and their total compensation is $520,011):
- Compensation: $0
- Related: $39,500
- Other: $0
- Compensation: $0
- Related: $63,500
- Other: $0
- Compensation: $0
- Related: $8,250
- Other: $0
- Compensation: $0
- Related: $42,600
- Other: $0
- Compensation: $0
- Related: $42,600
- Other: $0
- Compensation: $0
- Related: $52,000
- Other: $0
- Compensation: $0
- Related: $46,600
- Other: $0
- Compensation: $0
- Related: $43,050
- Other: $0
- Compensation: $0
- Related: $22,650
- Other: $0
- Compensation: $0
- Related: $483,993
- Other: $36,018
- Compensation: $0
- Related: $365,298
- Other: $14,130
- Compensation: $0
- Related: $66,228
- Other: $1,255
- Compensation: $0
- Related: $178,488
- Other: $11,431
- Compensation: $0
- Related: $149,927
- Other: $15,466
- Compensation: $0
- Related: $124,502
- Other: $12,253
- Compensation: $0
- Related: $119,539
- Other: $19,852
- Compensation: $0
- Related: $106,380
- Other: $8,811
Official website here: www.friendship.us
Where can I find the form 990 for Friendship Apartment Village Corporation?
Friendship Apartment Village Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friendship.us
Learn more at the official website: www.friendship.us
Mission Statement of Friendship Apartment Village Corporation
Friendship Apartment Village Corporation, as a nonprofit organization, is dedicated to supporting its community by offering quality residential and clinical services. This is achieved through providing appropriately licensed housing accommodations, offering recreational activities, and offering assistance with daily living. The corporation also provides rehabilitative services to its residents, aiming to enhance their overall well-being. By doing so, Friendship Apartment Village Corporation aims to contribute positively to the lives of its residents and the community at large, providing them with peace of mind.
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Impact
July, 2024
Friendship Apartment Village Corporation has made a significant impact by supporting friends and providing peace of mind to its residents in Roanoke, VA. Through offering quality residential and clinical services, appropriately licensed housing accommodations, recreational activities, assistance in daily living, and rehabilitative services, Friendship Apartment Village Corporation has enriched the lives of its residents and the surrounding community. Their focus on housing reflects a commitment to improving the quality of life for individuals in need of support, making a positive difference in the lives of those they serve.
This information is meant to be a general summary of Friendship Apartment Village Corporation. 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: $627,399
- Program Service Revenue: $4,691,640
- Gross Receipts: $5,431,899
Assets and Liabilities:
- Total Assets: $30,104,097
- Total Liabilities: $17,584,791
- Net Assets: $12,519,306
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE RE
Revenue
$4,446,880
OTHER OPERATING REVENU
Revenue
$170,074
MEALS
Revenue
$45,820
BEAUTY SHOP
Revenue
$16,196
WASHER/DRYER FEES
Revenue
$12,670
Organization Details
Founding Year
1972
Phone
(540) 265-2177Principal Officer
C Michael Shannon
Main Address
367 HERSHBERGER RD NW, ROANOKE, VA, 24012
Website
www.friendship.usNTEE Category
Code: L22Z - Housing
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