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Friendship Retirement Corporation

Glencroft

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

EIN: 860265218 ✦ Glendale, AZ ✦ Designated as a 501(c)(3)

Overview

What is Friendship Retirement Corporation?

Friendship Retirement Corporation, also known as Glencroft, is a prominent nonprofit organization located in Glendale, Arizona. They offer a continuum of high-quality senior services, committed to demonstrating Christian love and compassion. Glencroft's campus includes Providence Place, a skilled nursing care center with 225 beds, certified to accept both Medicare and Medicaid. They provide 24-hour skilled nursing care, short-term and long-term care, hospice, and respite care, with additional services like daily activities programs and chaplaincy visits. Beyond skilled nursing, Glencroft offers independent living in the Casitas, attractive one and two-bedroom courtyard homes equipped with essential appliances and amenities. Assisted living is available in Manor 1, providing quality support for residents in need of help throughout their day. The mission of Glencroft empowers people to live their best lives, with a vision to be the premier provider of affordable services enriching quality of life for everyone at every stage of life. Their core values include integrity, compassion, excellence, innovation, sustainability, and collaboration.


Official website here: www.glencroft.com

Is Friendship Retirement Corporation legitimate?

Friendship Retirement Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Retirement Corporation 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: $545,940
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,394,417

For more financial information, click here


Official website here: www.glencroft.com

What is the mission statement of Friendship Retirement Corporation?

Friendship Retirement Corporation is dedicated to providing a comprehensive range of senior services, demonstrating Christian love and compassion. Their mission is to empower individuals to live their best lives. The organization aspires to be the premier provider of affordable services, enhancing the quality of life for everyone, regardless of their stage in life. Integrity, compassion, excellence, innovation, sustainability, and collaboration are the guiding values of Friendship Retirement Corporation. They uphold the highest ethical standards, cater to each person's unique needs, strive for excellence in their work, foster innovation through leading-edge services, use resources efficiently, and cooperate with others to further their mission.


Official website here: www.glencroft.com

Who is the CEO of Friendship Retirement Corporation?

John Thorhauer is the Ceo of Friendship Retirement Corporation. The CEO's salary of Friendship Retirement Corporation is $324,419 and their total compensation is $324,419.


Official website here: www.glencroft.com

What is the revenue of Friendship Retirement Corporation?

Friendship Retirement Corporation's revenue in 2022 was $29,398,220.


Official website here: www.glencroft.com

Who are the executives of Friendship Retirement Corporation and what are their salaries?

The average compensation at Friendship Retirement Corporation during 2022 was $26,175. There are 609 employees and 225 volunteers at Friendship Retirement Corporation.

Here are 17 key members and their salaries (Friendship Retirement Corporation's CEO's salary is $324,419 and their total compensation is $324,419):

    John Thorhauer (Ceo)
  • Compensation: $324,419
  • Related: $0
  • Other: $0

    • Don May (Cfo)
  • Compensation: $156,900
  • Related: $0
  • Other: $3,138

    • Michael A Mccammond (Cao)
  • Compensation: $139,226
  • Related: $0
  • Other: $5,547

    • Scott Mcclintock (Chief Health Officer)
  • Compensation: $142,112
  • Related: $0
  • Other: $0

    • Bendu Sanoh (Nursing Admin - Vice President)
  • Compensation: $129,314
  • Related: $0
  • Other: $0

    • Tommy Medina (Chief People Officer)
  • Compensation: $115,662
  • Related: $0
  • Other: $8,094

    • Mary Baker (Executive Director Foundat)
  • Compensation: $108,247
  • Related: $0
  • Other: $7,946

    • Peter Patterson Md (Director)
  • Compensation: $5,500
  • Related: $0
  • Other: $0

    • Cathy Eckstein (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Brian Hollrah (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Koch (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nina Shah Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Montman Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Floyd Whittaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ashley Iverson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dyan Bymark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.glencroft.com

    Where can I find the form 990 for Friendship Retirement Corporation?

    The Friendship Retirement Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.glencroft.com

    Learn more at the official website: www.glencroft.com

    Mission Statement of Friendship Retirement Corporation

    Friendship Retirement Corporation, a nonprofit organization, is dedicated to providing a comprehensive range of high-quality senior services. Their mission, rooted in Christian love and compassion, aims to empower individuals to live their best lives. The corporation aspires to be the premier provider of affordable services, enhancing the quality of life for everyone at every life stage.

    Integrity is a core value at Friendship Retirement Corporation, as they strictly adhere to the highest ethical standards. They demonstrate sensitivity towards every person's unique needs with compassion. In pursuit of excellence, they are accountable for delivering high-quality work. Innovation is another pillar of their values, allowing them to develop and grow by offering leading-edge services. Sustainability is crucial, as they efficiently use resources. Collaboration is an essential part of their mission, as they work together with others to further their goals.

    Friendship Retirement Corporation's commitment to its values extends beyond the provision of services. They adhere to ethical standards in all aspects of their work, ensuring the well-being of their clients. Their compassionate approach caters to the unique needs of seniors, fostering an environment that nurtures their physical, emotional, and social wellbeing. By offering innovative and sustainable services, Friendship Retirement Corporation sets itself apart, providing a continuum of care that enhances the lives of its clients. Through collaboration, they extend their impact beyond their immediate community and make a difference in the lives of seniors everywhere.

    Impact

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




    Thursday, August 15, 2024

    Friendship Retirement Corporation, through its subsidiary Glencroft, has a significant impact on the lives of seniors in Glendale, Arizona. By providing a broad continuum of high-quality senior services with Christian love and compassion, Friendship Retirement Corporation empowers individuals to live their best lives. The organization's commitment to integrity, compassion, excellence, innovation, sustainability, and collaboration ensures that it delivers exceptional care and support to seniors at every stage of life.

    Glencroft's skilled nursing facility, Providence Place, offers a range of services including 24-hour skilled nursing care, Medicare and Medicaid-certified care, short-term and long-term care, hospice care, and restorative nursing. This ensures that seniors receive comprehensive and compassionate medical care tailored to their individual needs.

    In addition, Glencroft provides independent living options in the form of the Casitas, one and two-bedroom courtyard homes equipped with essential amenities and surrounded by a vibrant community. The assisted living facility, Manor 1, offers directed care assisted living services in a secure setting, allowing residents to maintain their independence while receiving the support they need.

    Through its commitment to empowering individuals, providing top-notch services, and fostering a sense of community and belonging, Friendship Retirement Corporation's impact is far-reaching, enriching the lives of seniors and their families in Glendale and beyond.





    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: $23,516
  • Program Service Revenue: $27,070,523
  • Gross Receipts: $30,233,159

    • Assets and Liabilities:
  • Total Assets: $20,788,807
  • Total Liabilities: $15,715,943
  • Net Assets: $5,072,864
  • Programs

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

    NURSING SERVICES

    Revenue

    $19,463,314

    RENTAL INCOME

    Revenue

    $6,548,541

    SERVICE FEES

    Revenue

    $579,048

    EARNED ENTRANCE FEES

    Revenue

    $357,558

    MANAGEMENT FEES

    Revenue

    $104,331

    Organization Details

    Founding Year

    1970

    Principal Officer

    John Thorhauer

    Main Address

    8611 NORTH 67TH AVENUE, GLENDALE, AZ, 85302

    NTEE Category

    Code: P750 - Human services

    If you are a representative of Friendship Retirement Corporation 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.