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Evangelical Retirement Homes Of Greater Chicago Inc

Friendship Village Of Schaumburg

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

EIN: 362815382 ✦ Schaumburg, IL ✦ Designated as a 501(c)(3)

Overview

What is Evangelical Retirement Homes Of Greater Chicago Inc?

Evangelical Retirement Homes of Greater Chicago Inc, also known as Friendship Village of Schaumburg, is a nonprofit organization located at 350 W Schaumburg Road, Schaumburg, IL, 60194. They offer exceptional living options for mature adults through their life plan community. This community provides a range of services including dining, activities, maintenance, housekeeping, wellness programs, supportive services, and 24-hour security. The independent living area comprises 527 residences, a fitness center, and other amenities. Additionally, there are 28 garden homes, 85 assisted living apartments, 24 memory support units, and a 199-bed skilled healthcare facility on the campus. The mission of this organization is to provide seniors with distinctive homes and exceptional services that respect their faith traditions and support their independence, enhancing their overall well-being. In the spirit of friendship, their expertise and resources are extended to partners, affiliates, and the broader community.


Official website here: www.friendshipvillage.org

Is Evangelical Retirement Homes Of Greater Chicago Inc legitimate?

Evangelical Retirement Homes Of Greater Chicago Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Evangelical Retirement Homes Of Greater Chicago 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.

Here are some key statistics you may want to consider:

Executive Compensation: $1,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,454,519

For more financial information, click here


Official website here: www.friendshipvillage.org

What is the mission statement of Evangelical Retirement Homes Of Greater Chicago Inc?

Evangelical Retirement Homes of Greater Chicago Inc is dedicated to offering exceptional living choices for mature adults. In the spirit of friendship, they provide seniors with distinctive homes and exceptional services that respect their faith traditions and support their independence. Their expertise and resources are extended to their partners, affiliates, and the broader community as a gesture of friendship. The organization operates a life plan community, providing a range of living arrangements and services, including dining, activities, maintenance, housekeeping, wellness programs, supportive services, and 24-hour security. The community offers various private living arrangements, a fitness center, and other amenities, as well as assisted living apartments, memory support units, and a skilled healthcare facility.


Official website here: www.friendshipvillage.org

Who is the CEO of Evangelical Retirement Homes Of Greater Chicago Inc?

Michael Flynn is the Director of Evangelical Retirement Homes Of Greater Chicago Inc. The CEO's salary of Evangelical Retirement Homes Of Greater Chicago Inc is $0 and their total compensation is $288,531.


Official website here: www.friendshipvillage.org

What is the revenue of Evangelical Retirement Homes Of Greater Chicago Inc?

Evangelical Retirement Homes Of Greater Chicago Inc's revenue in 2022 was $50,606,372.


Official website here: www.friendshipvillage.org

Who are the executives of Evangelical Retirement Homes Of Greater Chicago Inc and what are their salaries?

Here are 13 key members and their salaries (Evangelical Retirement Homes Of Greater Chicago Inc's CEO's salary is $0 and their total compensation is $288,531):

    Stephen Yenchek (President & Ceo (Through July 2021))
  • Compensation: $0
  • Related: $405,999
  • Other: $9,203

    • Michael Flynn (Cfo & Ceo (Started July 2021))
  • Compensation: $0
  • Related: $264,190
  • Other: $24,341

    • Venus M Perez (Director, Nursing)
  • Compensation: $0
  • Related: $117,278
  • Other: $21,421

    • Casey Pudwill (Administrator)
  • Compensation: $0
  • Related: $124,654
  • Other: $13,606

    • Rick Paisley (Director, Resident Support)
  • Compensation: $0
  • Related: $118,482
  • Other: $15,882

    • Colleen E Kowalewski (Director, Life Services)
  • Compensation: $0
  • Related: $112,843
  • Other: $21,439

    • Katherine St Clair (Director Of Sales)
  • Compensation: $0
  • Related: $112,032
  • Other: $818

    • Catherine Tardy (Director)
  • Compensation: $0
  • Related: $4,800
  • Other: $0

    • Mary Sheahen (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $4,650
  • Other: $0

    • Kathleen Rivera (Director)
  • Compensation: $0
  • Related: $1,800
  • Other: $0

    • Jean Schlinkmann (Director)
  • Compensation: $0
  • Related: $1,650
  • Other: $0

    • Loren Trimble (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Duane Tyler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.friendshipvillage.org

    Where can I find the form 990 for Evangelical Retirement Homes Of Greater Chicago Inc?

    The Evangelical Retirement Homes Of Greater Chicago Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.friendshipvillage.org

    Learn more at the official website: www.friendshipvillage.org

    Mission Statement of Evangelical Retirement Homes Of Greater Chicago Inc

    Evangelical Retirement Homes Of Greater Chicago Inc, a reputable nonprofit organization, is dedicated to providing mature adults with exceptional living choices. In the spirit of friendship, they offer seniors distinctive homes and exceptional services that respect their faith traditions, support their independence, and enhance their well-being. The expertise and resources of this organization extend beyond its community, reaching out to partners, affiliates, and the broader public as an expression of friendship.

    Evangelical Retirement Homes Of Greater Chicago, also known as Friendship Village of Schaumburg, is a life plan community for seniors. It provides a range of services including dining, activities, maintenance, housekeeping, wellness programs, supportive services, and 24-hour security. The independent living area offers various private living arrangements, a fitness center, and other amenities. The community also comprises 28 garden homes, 85 assisted living apartments, 24 memory support units, and a 199-bed skilled healthcare facility.

    The mission of Evangelical Retirement Homes Of Greater Chicago is multifaceted. They provide seniors with a choice of distinctive homes that cater to their unique needs while ensuring their independence. The organization's services, designed with their residents' well-being in mind, include dining options, an array of activities, and various living arrangements. Moreover, the expert team offers wellness programs and supportive services, addressing the physical, emotional, and social needs of the seniors. Their commitment to faith traditions is reflected in the respectful and inclusive environment they foster. By extending their resources to partners, affiliates, and the community, they embody the spirit of friendship and make a positive impact beyond their immediate sphere.

    Impact

    This information is meant to be a general summary of Evangelical Retirement Homes Of Greater Chicago Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Evangelical Retirement Homes Of Greater Chicago Inc, operating as Friendship Village of Schaumburg, provides seniors with exceptional living choices through a variety of housing options and supportive services. Their campus offers independent living residences, garden homes, assisted living apartments, memory support units, and skilled healthcare facilities. In the spirit of friendship, they respect seniors' faith traditions, support independence, and enhance well-being. This organization's impact is significant in providing seniors with a supportive and enriching environment tailored to their needs, promoting a sense of community and enhancing quality of life.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,219,740
  • Program Service Revenue: $48,618,185
  • Gross Receipts: $50,606,372

    • Assets and Liabilities:
  • Total Assets: $118,730,594
  • Total Liabilities: $230,344,324
  • Net Assets: -$111,613,730
  • Programs

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

    RESIDENT SERV REVENUE

    Revenue

    $43,374,946

    AMORT. OF ENTRANCE FEES

    Revenue

    $4,979,128

    OTHER

    Revenue

    $264,111

    Organization Details

    Founding Year

    1974

    Principal Officer

    Michael Flynn

    Main Address

    350 W SCHAUMBURG ROAD, SCHAUMBURG, IL, 60194

    NTEE Category

    Code: E91 - Health

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