Friendship Village Of Columbus Ohio Inc
- Assets
- $28.1m
- Revenue
- $23.4m
- Investments
- $996.7k
- Employees
- 468
- Location
- Columbus, OH
- Founding
- 02/1977
- Data as of
- 06/2023
- EIN
- 31-0892356
Organization Overview
Friendship Village Of Columbus Ohio Inc, operating under the name Westerwood, is located in Columbus, OH. The organization was established in 1977. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 06/2023, Westerwood employed 468 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westerwood is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Westerwood generated $23.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $21.9m during the year ending 06/2023. While expenses have increased by 3.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE BRING MAINTENANCE-FREE LIVING AND PEACE OF MIND TO OVER 150 INDEPENDENT LIVING RESIDENTS. AS RESIDENTS NEED ADDITIONAL SERVICES, WE OFFER ASSISTED LIVING 24 HOUR DAILY ASSISTANCE AND A REHABILITATION CENTER WHICH PROVIDES SKILLED NURSING SERVICES ON A SHORT TERM OR LONG TERM BASIS. DESIGNED TO ENCOURAGE INTERACTION BETWEEN RESIDENTS, WESTERWOOD PROVIDES A CONTINUUM OF CARE OF OLDER ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING HOME AND CARE FOR OVER 330 SENIOR RESIDENTS IN A HIGHLY LABOR INTENSIVE ENVIRONMENT. UNDERWRITING SALARIES AND BENEFITS FOR NURSING, COMMUNITY LIFE, FOOD SERVICE, HOUSEKEEPING, MAINTENANCE, CHAPLAINCY, AND ADMINISTRATIVE STAFF IS OUR LARGEST BUT MOST VALUABLE EXPENSE. OUR STAFF IS 24/7, COVERING MULTIPLE SHIFTS AND HAVING A WIDE RANGE OF COMPETENCIES. THE WORK THAT IS DONE CAN BE REPETITIVE AND VERY DIFFICULT, SO KEEPING AND CULTIVATING A QUALITY WORK FORCE IS A CHALLENGING NECESSITY. INVESTING IN THIS QUALITY STAFF ENSURES THE PHYSICAL, SPIRITUAL, SOCIAL, EMOTIONAL AND INTELLECTUAL WELLNESS OF OUR RESIDENTS. OUR STAFFING RATIOS ARE VERY HIGH COMPARED TO OTHER CARE FACILITIES AND PROMOTING THIS TIMELY AND CONSISTENT CARE IS AT THE HEART OF OUR MISSION. PHYSICAL WELLNESS OF OUR RESIDENTS IS OUR THERAPY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eleanor Biddulph President | OfficerTrustee | 10 | $0 |
Chris Diebel Vice President | OfficerTrustee | 5 | $0 |
Suzanne Scrutton Secretary | OfficerTrustee | 3 | $0 |
John Lindaman Treasurer | OfficerTrustee | 3 | $0 |
Dick Maxwell Resident Trustee | Trustee | 2 | $0 |
Fred Helzer Resident Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cura Hospitality Llc Dining Services Contract | 6/29/23 | $1,909,939 |
Guild Construction Contractor For Apartment Renovation | 6/29/23 | $1,167,047 |
Healthpro Heritage Llc Contract Therapy Service | 6/29/23 | $1,109,114 |
Buckeye Countertop Solutions Llc Contractor For Apartment Renovation | 6/29/23 | $866,952 |
Ruffin Roofing Repairs | 6/29/23 | $743,255 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,543,644 |
| All other contributions, gifts, grants, and similar amounts not included above | $339,961 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,883,605 |
| Total Program Service Revenue | $20,440,896 |
| Investment income | $344,448 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$229,768 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,440,181 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $33,330 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $326,861 |
| Compensation of current officers, directors, key employees. | $326,861 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,770,372 |
| Pension plan accruals and contributions | $93,852 |
| Other employee benefits | $895,801 |
| Payroll taxes | $601,255 |
| Fees for services: Management | $104,800 |
| Fees for services: Legal | $44,180 |
| Fees for services: Accounting | $90,188 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,736 |
| Fees for services: Other | $3,649,407 |
| Advertising and promotion | $337,971 |
| Office expenses | $2,487,545 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,729,166 |
| Travel | $21,395 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,213 |
| Interest | $762,247 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,983,067 |
| Insurance | $303,336 |
| All other expenses | $8,091 |
| Total functional expenses | $21,928,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $705,378 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $927,246 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $88,755 |
| Prepaid expenses and deferred charges | $59,841 |
| Net Land, buildings, and equipment | $21,015,350 |
| Investments—publicly traded securities | $1,483,567 |
| Investments—other securities | $996,726 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,808,604 |
| Total assets | $28,086,467 |
| Accounts payable and accrued expenses | $2,506,907 |
| Grants payable | $0 |
| Deferred revenue | $6,923,635 |
| Tax-exempt bond liabilities | $18,780,378 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,542,612 |
| Total liabilities | $31,753,532 |
| Net assets without donor restrictions | -$4,081,781 |
| Net assets with donor restrictions | $414,716 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $28,086,467 |