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Friends & Co

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

EIN: 410986200 ✦ St paul, MN ✦ Designated as a 501(c)(3)

Overview

What is Friends & Co?

Friends & Co is a nonprofit organization based in St. Paul, Minnesota, with a focus on combating isolation and loneliness among older adults. Through their core programs, they connect older adults with dedicated volunteers who share common interests, backgrounds, or geographies, providing phone calls and, when safe, in-person visits. Additionally, Friends & Co offers phone companionship, a drop-in chat line for anonymously calling in for connection, and collaborates with other organizations to host social events for the LGBTQ+ older adult community. Their mission is to promote independence and well-being among older adults by fostering life-affirming connections and companionship, thereby supporting healthy aging. With a team of 8 dedicated individuals, Friends & Co continues to make a significant impact on the lives of older adults in their community.


Official website here: www.friendsco.org

Is Friends & Co legitimate?

Friends & Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends & Co 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: $100,095
Professional Fundraising Fees: $0
Other Salaries and Wages: $439,643

For more financial information, click here


Official website here: www.friendsco.org

What is the mission statement of Friends & Co?

Friends & Co, as a nonprofit organization, focuses on alleviating feelings of isolation and loneliness among older adults while encouraging their independence and well-being. The organization identifies individuals who are experiencing these challenges and facilitates opportunities for meaningful connections and companionship, thereby supporting healthy aging. Key programs include Visiting Companions, where volunteers offer friendship to older adults, Phone Companions, which pairs lonely seniors with consistent phone contacts, and Coffee Talk, a drop-in chat line for older adults facing isolation. Additionally, they collaborate with other organizations to host social events, such as Let's Do Lunch Caf, which brings together older LGBTQ+ community members.


Official website here: www.friendsco.org

Who is the CEO of Friends & Co?

Carolyn Trevis is the President of Friends & Co.


Official website here: www.friendsco.org

What is the revenue of Friends & Co?

Friends & Co's revenue in 2023 was $560,872.


Official website here: www.friendsco.org

Who are the executives of Friends & Co and what are their salaries?

The average compensation at Friends & Co during 2023 was $67,467. There are 8 employees and 1,090 volunteers at Friends & Co.

Here are 11 key members and their salaries:

    James Falvey (Executive Dir.)
  • Compensation: $100,095
  • Related: $0
  • Other: $0

    • Carolyn Trevis (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hailey Bailey (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheila Chambers (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christina Cauble (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Britt Mph Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Doyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Fasching (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Willie Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Maddox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danielle Salisbury (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.friendsco.org

    Where can I find the form 990 for Friends & Co?

    The Friends & Co’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.friendsco.org

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

    Mission Statement of Friends & Co

    Friends & Co, a nonprofit organization, is dedicated to alleviating loneliness and isolation among older adults while promoting their independence and overall well-being. The organization identifies isolated older adults and creates opportunities for life-affirming connections and companionship, which supports healthy aging. Their mission is accomplished through various programs, such as Visiting Companions, where dedicated volunteers offer companionship and friendship to older adults, pairing them with volunteers based on shared interests, backgrounds, or geography. Members also receive regular phone calls and some in-person visits, as safely allowed.

    Additionally, Friends & Co offers a Phone Companions program, where older adults who feel isolated are matched with a volunteer for ongoing phone companionship. Members and volunteers determine their calling schedules, providing a consistent connection to combat feelings of loneliness. The organization also launched Coffee Talk, a drop-in chat line, inviting any older adult experiencing isolation and loneliness to anonymously call in between 8 am and noon, Monday through Friday. Calls are answered by Coffee Talkers and overseen by staff, offering a safe space for connection and support.

    Friends & Co collaborates with other organizations to further its mission. For example, the organization partners with Prime Timers MSP, Rainbow Health, and Friends & Co. to host the Let's Do Lunch Caf, a program that brings together older LGBTQ+ community members for lunch and social connection twice a month. Through these programs and initiatives, Friends & Co strives to create a supportive community that combats loneliness and isolation among older adults, promoting their independence and overall well-being.

    Impact

    This information is meant to be a general summary of Friends & Co. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Friends & Co's impact can be seen in the meaningful connections it fosters among isolated older adults, promoting their independence and well-being. Through programs like Visiting Companions and Phone Companions, volunteers provide valuable companionship to relieve loneliness and isolation in older adults. The organization's Coffee Talk chat line and Let's Do Lunch Caf initiative further contribute to creating a supportive community for older adults experiencing loneliness. By addressing the social and emotional needs of this demographic, Friends & Co plays a crucial role in enhancing the quality of life for older adults in ST PAUL, MN.





    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 2023.

  • Investment Income: $51,659
  • Program Service Revenue: $0
  • Gross Receipts: $560,872

    • Assets and Liabilities:
  • Total Assets: $6,597,805
  • Total Liabilities: $299,137
  • Net Assets: $6,298,668
  • Organization Details

    Founding Year

    1972

    Principal Officer

    Carolyn Trevis

    Main Address

    2550 University Ave W 260-S, St Paul, MN, 55114

    NTEE Category

    Code: P81Z - Human services

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