Tempe Life Care Village Inc

Tempe Life Care Village Inc Overview

Tempe Life Care Village Inc, operating under the name Friendship Village Of Tempe, is located in Tempe, AZ. The organization was established in 1978. 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 12/2020, Friendship Village Of Tempe employed 724 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2020, Friendship Village Of Tempe generated $48.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $51.4m during the year ending 12/2020. While expenses have increased by 3.7% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO BE KNOWN AS THE LEADING RETIREMENT COMMUNITY THAT EMBRACES INDIVIDUALITY WHILE DELIVERING AN INNOVATIVE AND COMPASSIONATE ENVIRONMENT IN WHICH TO LIVE AND WORK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES INDEPENDENT LIVING FACILITIES TO RESIDENTS. FRIENDSHIP VILLAGE IS AN ACTIVE SENIOR COMMUNITY. INDEPENDENT LIVING OFFERS RESIDENTS THE OPTION OF A SPACIOUS APARTMENT OR GARDEN HOME. BOTH OPTIONS PROVIDE OPEN FLOOR PLANS AND A WIDE VARIETY OF SERVICES AND AMENITIES. SERVICES OFFERED INCLUDE: PAID UTILITIES, HOUSEKEEPING AND LAUNDRY SERVICES, MAINTENANCE, 24-HOUR SECURITY, AND TRANSPORTATION. AMENITIES AVAILABLE INCLUDE: MULTIPLE DINING OPTIONS, SPACIOUS COMMON AREAS, FULLY STAFFED FITNESS CENTER, RECREATION ROOM, ARTS AND CRAFTS, COMPUTER LAB WITH CLASSES, LIBRARY, AND AUDITORIUM. DURING 2020, INDEPENDENT LIVING HAD AN AVERAGE OCCUPANCY RATE OF 94.90%.


THE ORGANIZATION PROVIDES SKILLED NURSING CARE TO RESIDENTS. THE FRIENDSHIP VILLAGE TEMPE HEALTH CARE CENTER PROVIDES COMPREHENSIVE SKILLED NURSING CARE. THERE IS A DEEP COMMITMENT TO PROVIDING THE BEST NURSING CARE POSSIBLE, INCLUDING SERVICES THAT RANGE FROM ASSISTANCE WITH DAILY ACTIVITIES TO INTENSIVE REHABILITATION PROGRAMS IN A COMFORTABLE, RELAXED SETTING. FOR THOSE THAT EVER NEED THE SERVICES OF THE HEALTH CARE CENTER, THEY RECEIVE CARE FROM PEOPLE THEY KNOW AND TRUST. IT GOES WITHOUT SAYING THEY'RE TREATED WITH DIGNITY AND RESPECT. SEE SCHEDULE O FOR ADDITIONAL DETAILS. DETAILS.


THE ORGANIZATION PROVIDES ON-SITE ASSISTED LIVING TO RESIDENTS. FRIENDSHIP VILLAGE TEMPE OFFERS SECURE, COMFORTABLE ON-SITE ASSISTED LIVING APARTMENTS IN AN ATMOSPHERE THAT PROMOTES INDIVIDUAL WELL-BEING. FRIENDSHIP VILLAGE TEMPE PROVIDES ASSISTANCE WITH DAILY LIVING ACTIVITIES BASED ON EACH RESIDENT'S NEEDS. IF ADDITIONAL SENIOR CARE IS NEEDED, RESIDENTS HAVE ACCESS TO SKILLED NURSING AS PART OF THEIR LIFE CARE PLAN. DURING 2020, THE ASSISTED LIVING SECTION HAD AN AVERAGE RESIDENCY CAPACITY OF 94%, CONSISTING OF 32475 DAYS OF CARE. SEE SCHEDULE O FOR ADDITIONAL DETAILS. ADDITIONAL DETAILS.


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Tempe Life Care Village Inc Vendors

Vendor Name (Service)Compensation
Life Care Companies
Management Services
$1,572,211
Sysco Food Services Of Arizona
Food Service
$1,548,618
Ryan Ae
Construction Design
$1,074,600
Quality Rehab
Therapy Services
$1,461,236
Ryan Companies Us Inc
Construction
$11,487,269
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$58,158
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$621,302
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$679,460
Total Program Service Revenue$47,492,177
Investment income $825,632
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $28,268
Net Gain/Loss on Asset Sales -$300,892
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $48,724,645

Tempe Life Care Village Inc Grants Recieved

Over the last fiscal year, we have identified 1 grants that Tempe Life Care Village Inc has recieved totaling $20,000.

Awarding OrganizationAmount
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$20,000
View Grant Recipient Profile

Tempe Life Care Village Inc Peer Organizations

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