Evangelical Retirement Homes Of Greater Chicago Inc

Organization Overview

Evangelical Retirement Homes Of Greater Chicago Inc, operating under the name Friendship Village Of Schaumburg, is located in Schaumburg, IL. The organization was established in 1975. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendship Village Of Schaumburg 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 03/2022, Friendship Village Of Schaumburg generated $50.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $60.6m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE MATURE ADULTS WITH EXCEPTIONAL LIVING CHOICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EVANGELICAL RETIREMENT HOMES OF GREATER CHICAGO DBA: FRIENDSHIP VILLAGE OF SCHAUMBURG IS A LIFE PLAN COMMUNITY PROVIDING LIVING ARRANGEMENTS AND SERVICES TO SENIORS. CAMPUS WIDE SERVICES INCLUDE DINING, ACTIVITIES, MAINTENANCE, HOUSEKEEPING, WELLNESS PROGRAMS, SUPPORTIVE SERVICES, AND 24 HOUR SECURITY. THE INDEPENDENT LIVING AREA (527 RESIDENCES) OFFERS A VARIETY OF PRIVATE LIVING ARRANGEMENTS, A FITNESS CENTER, AND OTHER AMENITIES. THE CAMPUS ALSO HAS 28 GARDEN HOMES, 85 ASSISTED LIVING APARTMENTS, 24 MEMORY SUPPORT UNITS, AND A 199 BED SKILLED HEALTH CARE FACILITY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Riehle Development
Contractor
$1,931,218
Friendship Senior Options Nfp
Management
$6,395,460
Davis Harrison Dion
Advertising Agency
$1,132,931
Morrison Management Specialists
Dining Service
$4,682,705
Symbria Rehab Inc
Health Consultant
$1,557,845
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $405,814
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$405,814
Total Program Service Revenue$48,618,185
Investment income $489,778
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $729,962
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $50,606,372

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Evangelical Retirement Homes Of Greater Chicago Inc has recieved totaling $403,364.

Awarding OrganizationAmount
Friendship Senior Options Foundation Nfp

Schaumburg, IL

PURPOSE: ASSOCIATE EDUCATION EXPENSES, BENEVOLENCE

$201,682
Friendship Senior Options Foundation Nfp

Schaumburg, IL

PURPOSE: ASSOCIATE EDUCATION EXPENSES, BENEVOLENCE

$201,682
View Grant Recipient Profile

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