Overview
What is Tempe Life Care Village Inc?
Tempe Life Care Village Inc is a reputable nonprofit organization located at 2645 East Southern Avenue in Tempe, Arizona (85282). They specialize in providing independent living facilities for their residents, offering both spacious apartments and garden homes. These accommodations boast open floor plans and a wealth of services and amenities. Among these offerings are paid utilities, housekeeping and laundry services, maintenance, 24-hour security, and transportation. Residents can enjoy various conveniences such as multiple dining options, common areas, a fully staffed fitness center, recreation room, arts and crafts, computer lab with classes, a library, and an auditorium. In 2022, the independent living sector of Tempe Life Care Village had an average occupancy rate of 93.1%. The organization strives to be a leading retirement community in Tempe, embracing individuality and delivering an innovative and compassionate living environment for both residents and staff.
Official website here: www.friendshipvillageaz.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%
Tempe Life Care Village Inc has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid performance, particularly in the areas of accountability and finance. The overall score reflects high marks for its governance and oversight practices, ensuring the organization operates transparently and efficiently. The charity scored an impressive 100% for having a fully independent board, which contributes to its fiscal responsibility and accountability.
The organization demonstrates a strong commitment to ethics and good practices, evidenced by its compliance with various policies such as conflict of interest, whistleblower protection, and document retention. Additionally, Tempe Life Care Village boasts a high program expense ratio of 79.80%, indicating that a significant portion of its resources is directed toward its mission-related activities.
Despite its strengths, the 81% rating suggests there is room for improvement in some areas. Continuous monitoring of financial practices and organizational transparency will be crucial for maintaining and potentially enhancing its rating in the future. Overall, Tempe Life Care Village Inc appears to be a trustworthy charity, dedicated to responsible stewardship of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Tempe Life Care Village Inc legitimate?
Tempe Life Care Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tempe Life Care Village 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: $354,347
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,949,427
For more financial information, click here
Official website here: www.friendshipvillageaz.com
What is the mission statement of Tempe Life Care Village Inc?
Tempe Life Care Village Inc is committed to being a leading retirement community that values individuality while providing an innovative and compassionate living environment. They strive to create an engaging community where residents and staff enjoy life together. The organization offers independent living facilities, providing residents with spacious apartments or garden homes, as well as various services and amenities. Services include utilities, housekeeping, laundry, maintenance, 24-hour security, and transportation. Amenities include multiple dining options, common areas, a fully staffed fitness center, recreation room, arts and crafts, computer lab, library, and an auditorium. In 2022, the independent living sector maintained an average occupancy rate of 93.1%.
Official website here: www.friendshipvillageaz.com
Who is the CEO of Tempe Life Care Village Inc?
Cole Marvin is the Executive Director of Tempe Life Care Village Inc.
Official website here: www.friendshipvillageaz.com
What is the revenue of Tempe Life Care Village Inc?
Tempe Life Care Village Inc's revenue in 2022 was $59,177,518.
Official website here: www.friendshipvillageaz.com
Who are the executives of Tempe Life Care Village Inc and what are their salaries?
The average compensation at Tempe Life Care Village Inc during 2022 was $31,534. There are 739 employees and 75 volunteers at Tempe Life Care Village Inc.
Here are 20 key members and their salaries:
- Compensation: $234,844
- Related: $0
- Other: $3,376
- Compensation: $145,457
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- Other: $21,058
- Compensation: $142,460
- Related: $0
- Other: $20,830
- Compensation: $155,541
- Related: $0
- Other: $2,368
- Compensation: $121,912
- Related: $0
- Other: $27,430
- Compensation: $127,359
- Related: $0
- Other: $4,657
- Compensation: $105,387
- Related: $0
- Other: $10,740
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Official website here: www.friendshipvillageaz.com
Where can I find the form 990 for Tempe Life Care Village Inc?
Tempe Life Care Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friendshipvillageaz.com
Learn more at the official website: www.friendshipvillageaz.com
Mission Statement of Tempe Life Care Village Inc
Tempe Life Care Village Inc, a leading retirement community, is committed to embracing individuality and delivering an innovative and compassionate living environment for its residents. The organization's mission is to create an engaging community where both residents and staff can enjoy life to the fullest.
Friendship Village Tempe, the name of the community, lives up to its promise of delivering a life-care environment filled with camaraderie and fulfillment. The organization offers independent living facilities that cater to the needs and preferences of its residents. These living spaces include spacious apartments and garden homes, each featuring open floor plans and a wide range of services and amenities.
The services offered at Tempe Life Care Village include utilities, housekeeping, and laundry services, maintenance, 24-hour security, and transportation. The community is equipped with numerous amenities such as multiple dining options, spacious common areas, a fully staffed fitness center, recreation room, arts and crafts, computer lab with classes, library, and an auditorium. With an average occupancy rate of 93.1% in 2022, the community continues to thrive as a desirable living option for active seniors.
Residents of Tempe Life Care Village can enjoy their golden years in a vibrant and supportive environment that encourages socialization, personal growth, and overall well-being. The organization's dedication to fostering a sense of community and providing top-notch services and amenities sets it apart as a leading retirement community.
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Impact
October, 2024
Tempe Life Care Village Inc has a significant impact on the lives of seniors by providing a vibrant and supportive independent living environment. The community, known as Friendship Village, fosters individuality and engagement among residents, creating a sense of belonging and purpose.
Offering a range of spacious living options, including apartments and garden homes, the village promotes a lifestyle that allows residents to maintain their independence while enjoying a variety of amenities and services. With an average occupancy rate of 93.1% in 2022, it's clear that many seniors find value in the vibrant community atmosphere.
The services provided—such as housekeeping, maintenance, and 24-hour security—enable residents to focus on enjoying life rather than managing daily chores. Additionally, the extensive amenities, including multiple dining options, recreational facilities, and opportunities for social engagement, encourage an active and fulfilling lifestyle.
By creating a compassionate and innovative environment, Tempe Life Care Village Inc enhances the quality of life for its residents, helping them to thrive in their golden years. The commitment to a community where residents and staff engage together not only supports individual well-being but also fosters meaningful relationships, making a positive impact on the broader Tempe community.
This information is meant to be a general summary of Tempe Life Care Village 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: -$8,865
- Program Service Revenue: $57,783,839
- Gross Receipts: $78,596,675
Assets and Liabilities:
- Total Assets: $231,719,860
- Total Liabilities: $256,437,568
- Net Assets: -$24,717,708
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$55,524,514
CAFETERIA INCOME
Revenue
$427,650
OTHER RESIDENT SERVICES
Revenue
$280,863
GUEST ACCOMMODATION
Revenue
$4,612
OTHER INCOME
Revenue
$1,546,200
Organization Details
Founding Year
1976
Phone
(480) 831-0880Principal Officer
Cole Marvin
Main Address
2645 EAST SOUTHERN AVENUE, TEMPE, AZ, 852827649
Website
www.friendshipvillageaz.comNTEE Category
Code: P750 - Human services
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