People Of Faith Inc

Organization Overview

People Of Faith Inc, operating under the name Royal Oaks, is located in Sun City, AZ. The organization was established in 1982. 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 02/2022, Royal Oaks employed 467 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Royal Oaks 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 02/2022, Royal Oaks generated $33.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $33.3m during the year ending 02/2022. While expenses have increased by 2.7% per year over the past 7 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.

Since 2015, Royal Oaks has awarded 18 individual grants totaling $320,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HOUSING THAT PROMOTES COMFORT, SECURITY, INDEPENDENCE & LIFE SATISFACTION FOR RESIDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING THE FISCAL YEAR ENDED FEBRUARY 28, 2022, ROYAL OAKS PROVIDED LIFE CARE SERVICES TO APPROXIMATELY 585 RESIDENTS ON A 38-ACRE CAMPUS CONSISTING OF 346 RESIDENTIAL HOMES AND APARTMENTS, 59 ASSISTED LIVING HOMES, A 56-UNIT MEMORY CARE FACILITY, AND A 60-BED HIGH ACUITY ASSISTED LIVING CENTER.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Avcomm Technology Solutions Llc
Technology Services
$828,041
Perkins Eastman Architects Dpc
Architectural Design And Engineering
$787,365
Sundt Construction Inc
Industrial And Building Services
$32,411,958
Mayfair Floors Llc
Floor Renovations
$663,370
Sentinel Technologies
Technology Services
$475,656
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$591,440
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,096
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$595,536
Total Program Service Revenue$28,340,783
Investment income $1,316,500
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $24,149
Net Gain/Loss on Asset Sales $2,697,289
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$4,139
Miscellaneous Revenue$0
Total Revenue $33,088,460

Grants Awarded

Over the last fiscal year, People Of Faith Inc has awarded $40,000 in support to 4 organizations.

Grant RecipientAmount

SUN CITY SHERIFF POSSE

PURPOSE: GENERAL OPERATING SUPPORT

$10,000

SUN CITY FIRE DEPARTMENT

PURPOSE: GENERAL OPERATING SUPPORT

$10,000

SUN CITY FIRE DEPARTMENT

PURPOSE: GENERAL OPERATING SUPPORT

$10,000

SUN CITY SHERIFF POSSE

PURPOSE: GENERAL OPERATING SUPPORT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that People Of Faith Inc has recieved totaling $31,072.

Awarding OrganizationAmount
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$31,066
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$6
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,432,293
Earnings$515,517
Net Contributions$558,925
Other Expense$2,228,691
Ending Balance$4,278,044

Peer Organizations

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