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Friends Homes Inc

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

EIN: 560754599 ✦ Greensboro, NC ✦ Designated as a 501(c)(3)

Overview

What is Friends Homes Inc?

Friends Homes Inc is a vibrant nonprofit organization based in Greensboro, North Carolina. With a mission grounded in Quaker values, they operate a continuing care retirement community, which includes 14 cottages, 28 townhomes, 355 apartments, 100 assisted care beds, and 109 nursing beds. Their primary goal is to provide a nurturing environment where seniors can maintain their independence, fostering a sense of wholeness, health, and security. Friends Homes offers affordable services, recognizing the inherent worth and value of each resident. Through continuous improvement and expansion, they provide quality care, offering a sense of home and community to the aged. The organization's services cater to a diverse range of needs, from independent living to assisted care and nursing care.


Official website here: www.friendshomes.org

Is Friends Homes Inc legitimate?

Friends Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Homes 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,687,803

For more financial information, click here


Official website here: www.friendshomes.org

What is the mission statement of Friends Homes Inc?

Friends Homes Inc is dedicated to establishing and operating continuing care retirement communities, adhering to the principles of the Religious Society of Friends. Their mission prioritizes fostering independence, wholeness, health, and security for residents at a fair cost. The organization values the worth and dignity of every individual, reflected in their goal to help each resident realize their full potential. Through continuous improvement and expansion, Friends Homes aims to provide affordable services to the elderly and support to the community at large, while promoting consistent quality care and offering a nurturing home environment.


Official website here: www.friendshomes.org

Who is the CEO of Friends Homes Inc?

Don Farlow is the Treasurer of Friends Homes Inc.


Official website here: www.friendshomes.org

What is the revenue of Friends Homes Inc?

Friends Homes Inc's revenue in 2022 was $42,576,118.


Official website here: www.friendshomes.org

Who are the executives of Friends Homes Inc and what are their salaries?

The average compensation at Friends Homes Inc during 2022 was $20,552. There are 666 employees and 75 volunteers at Friends Homes Inc.

Here are 19 key members and their salaries:

    Annemarie Dloniak (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Bumm (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Farlow (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Coe (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betty Kane (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pete Cross (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Glenz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Harris (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marshall Hurley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yvonne Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Jones (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ted Lide (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hector Mceachern (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brent Mckinney (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joy Reavis (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Mcneil (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elwood Parker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reggie Beeson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Treadway (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.friendshomes.org

    Where can I find the form 990 for Friends Homes Inc?

    The Friends Homes Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.friendshomes.org

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

    Mission Statement of Friends Homes Inc

    Friends Homes Inc, a Quaker-guided organization, is dedicated to the establishment and operation of continuing care retirement communities. This mission is rooted in the principles of the Religious Society of Friends, emphasizing the provision of an affordable, independent living environment that fosters wholeness, health, and security for its residents. With a commitment to facilitating the inherent worth and value of every person, Friends Homes encourages a sense of purpose and fulfillment among its residents.

    Through continuous improvement and expansion, the organization offers a range of housing options including cottages, townhomes, apartments, assisted care beds, and nursing beds. Friends Homes strives to maintain consistent quality care while providing a nurturing and supportive atmosphere that enables each resident to realize their full potential. The Quaker ethos of "there is that of God in every person" is at the heart of Friends Homes, which fosters a community where everyone is valued and cherished.

    By offering a Life Plan Community that encourages a sense of wellness and purpose at a fair cost, Friends Homes helps its residents live fulfilling lives. This commitment to affordability and quality care allows residents to focus on their personal growth and overall well-being, enabling them to thrive within the community. The organization's dedication to its principles and the continuous improvement and expansion of its services ensures that Friends Homes remains a valuable resource for the aging population.

    Impact

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




    Thursday, August 15, 2024

    Friends Homes Inc's impact lies in creating a supportive environment that fosters independence, wholeness, health, and security for its residents. Guided by Quaker values, this organization operates continuing care retirement communities that embody the belief that there is inherent worth and value in every person. By providing affordable services to the aged and supporting the community at large, Friends Homes Inc ensures that each resident can realize their full potential and live a fulfilling life. Through its commitment to quality care and a holistic approach to wellness, this nonprofit makes a meaningful difference in the lives of those it serves.





    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: $8,401,930
  • Program Service Revenue: $33,522,282
  • Gross Receipts: $60,191,007

    • Assets and Liabilities:
  • Total Assets: $191,608,853
  • Total Liabilities: $148,001,211
  • Net Assets: $43,607,642
  • Programs

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

    Resident services

    Revenue

    $33,522,282

    Organization Details

    Founding Year

    1958

    Principal Officer

    Don Farlow

    Main Address

    925 New Garden Road, Greensboro, NC, 27410

    NTEE Category

    Code: P75 - Human services

    If you are a representative of Friends Homes Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.