Overview
What is Friendship Manor?
Friendship Manor is a nonprofit organization situated in Goleta, California, specifically at 6647 El Colegio Road. The primary focus of this organization is to offer affordable housing and low-cost meals to over 150 senior citizens. With a dedicated workforce of 54 employees, Friendship Manor aims to provide essential living facilities and nutritional support to the elderly community, thereby contributing to their overall well-being.
Official website here: www.friendship-manor.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
Friendship Manor has earned an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization scored 100% in several key areas, indicating strong governance practices, including a fully independent board and robust financial oversight. Their program expense ratio of 78.04% suggests that a significant majority of their funds are directed toward their programs, which is a positive indicator of their commitment to their mission.
The nonprofit has implemented several important policies, such as conflict of interest, whistleblower, and document retention policies, which contribute to its overall transparency and ethical standards. The absence of any material diversion of assets further reinforces the organization's integrity and sound financial management. Additionally, the low liabilities to assets ratio demonstrates a strong financial position, ensuring that they can sustain their operations and programs effectively.
While the data does not indicate any specific limitations, maintaining transparency and accountability is crucial for any nonprofit organization. Friendship Manor's strong governance and focus on programmatic expenditures position it well for continued success in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Friendship Manor legitimate?
Friendship Manor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Manor 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: $95,111
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,044,628
For more financial information, click here
Official website here: www.friendship-manor.org
What is the mission statement of Friendship Manor?
Friendship Manor is committed to providing affordable housing and access to low-cost meals for senior citizens. Their mission is centered around ensuring the comfort and well-being of this demographic by offering affordable living accommodations and nutritious meals. The organization serves approximately 150 senior citizens, offering them a residence where they can maintain a dignified lifestyle.
Official website here: www.friendship-manor.org
Who is the CEO of Friendship Manor?
Kate Juliano is the Executive Director of Friendship Manor.
Official website here: www.friendship-manor.org
What is the revenue of Friendship Manor?
Friendship Manor's revenue in 2022 was $2,953,755.
Official website here: www.friendship-manor.org
Who are the executives of Friendship Manor and what are their salaries?
The average compensation at Friendship Manor during 2022 was $21,106. There are 54 employees and 120 volunteers at Friendship Manor.
Here are 8 key members and their salaries:
- Compensation: $95,111
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.friendship-manor.org
Where can I find the form 990 for Friendship Manor?
Friendship Manor's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.friendship-manor.org
Learn more at the official website: www.friendship-manor.org
Mission Statement of Friendship Manor
Friendship Manor is a nonprofit organization dedicated to providing affordable housing and affordable meals for senior citizens. The mission of this organization is to ensure that elderly individuals have access to affordable living arrangements, thereby improving their quality of life. By offering low-cost housing and related services, Friendship Manor aims to support approximately 150 senior citizens, providing them with a secure and comfortable environment. The organization's commitment extends beyond housing, as it also provides necessary resources to enhance the overall well-being of its residents.
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Impact
July, 2024
Friendship Manor in Goleta, CA provides affordable housing and low-cost meals for over 150 senior citizens. The impact of Friendship Manor is evident in the improved quality of life for these seniors who are able to live in a safe and supportive community. With access to affordable housing and nutritious meals, senior citizens are able to age with dignity and independence, enhancing their overall well-being.
This information is meant to be a general summary of Friendship Manor. 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: $275,444
- Program Service Revenue: $2,674,161
- Gross Receipts: $3,927,639
Assets and Liabilities:
- Total Assets: $7,068,642
- Total Liabilities: $384,228
- Net Assets: $6,684,414
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM RENTAL & MEALS
Revenue
$2,674,161
Organization Details
Founding Year
1973
Phone
(805) 968-0771Principal Officer
Kate Juliano
Main Address
6647 EL COLEGIO ROAD, GOLETA, CA, 93117
Website
www.friendship-manor.orgNTEE Category
Code: L220 - Housing
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