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 03/2023, Friendship Village Of Schaumburg generated $50.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $64.3m during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

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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Board, Officers & Key Employees

Name (title)Compensation
Mary Sheahen
Chair & Secretary
$750
Loren Trimble
Treasure
$0
Catherine Tardy
Director
$750
Jean Schlinkmann
Director
$750
Kathleen Rivera
Director & Chair
$900
Michael Flynn
CEO
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Riehle Development
Contractor
$3,097,780
Morrison Management Specialists
Dining Service
$8,137,164
Davis Harrison Dion
Advertising Agency
$1,196,661
Friendship Senior Options Nfp
Management
$6,270,000
Symbria Rehab Inc
Health Consultant
$2,450,850
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$50,745,584
Investment income $208,330
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$572,805
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $50,389,165

Peer Organizations

Organization NameAssets
Franciscan Communities Inc
Lemont, IL
$112,387,835
Wesley Retirement Services Inc
Johnston, IA
$92,590,271
John Knox Village
Lees Summit, MO
$71,695,277
Northwest Senior Housing Corporation
West Des Moines, IA
$33,351,835
Bhi Senior Living Inc
Indianapolis, IN
$74,207,015
Evangelical Retirement Homes Of Greater Chicago Inc
Schaumburg, IL
$50,389,165
Friendship Village Of South County
St Louis, MO
$47,214,543
Westminster Place
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$61,327,855
Lutheran Home For The Aged
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$51,162,686
Council For Jewish Elderly
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$58,056,888
Friendship Village Of West County
Chesterfield, MO
$35,491,995
Masonic Homes Of Kentucky Inc
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$38,441,432
Covenant Retirement Communities Inc
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$50,434,180
Lindengrove Inc
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$44,991,935
Benevolent Corporation Cedar Community
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Lutheran Homes Inc
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$39,194,457
The Mather Evanston
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Plymouth Place Inc
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$37,862,967
Greencroft Goshen Inc
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$39,265,450
Retirement Living Inc
Indianapolis, IN
$36,021,978
Saint Johns Communities Inc
Milwaukee, WI
$31,037,528
Covenant Living At Windsor Park
Carol Stream, IL
$38,242,890
Baptist Convalescent Center Inc
Erlanger, KY
$30,689,398
Covenant Health Care Center Inc
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$35,100,792
Admiral At The Lake
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$24,694,763

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