Fox Run Village Inc

Organization Overview

Fox Run Village Inc is located in Novi, MI. The organization was established in 2004. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Fox Run Village Inc employed 979 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fox Run Village Inc 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 12/2021, Fox Run Village Inc generated $70.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $81.3m during the year ending 12/2021. While expenses have increased by 4.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE A HOME FOR SENIORS THAT SATISFIES THEIR THREE PRIMARY NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOX RUN VILLAGE PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, WHO RESIDE IN 1,037 INDEPENDENT LIVING UNITS, 89 ASSISTED LIVING UNITS, 44 SKILLED NURSING BEDS AND 44 MEMORY CARE UNITS. THE SERVICES WE PROVIDE TO OUR RESIDENTS INCLUDE, BUT ARE NOT LIMITED TO, HOUSING, FOOD, MEDICAL, SECURITY AND MAINTENANCE SERVICES, RECREATIONAL AND PASTORAL ACTIVITIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Erickson Senior Living Llc
Management - See Sch. O
$7,934,622
Risco Inc
Electrical Contractor
$1,376,117
Spellman Brady & Company
Design Services
$791,775
Cre8tive Construction Concepts
Design Services
$609,057
Wilkins Floor Covering
Flooring
$570,397
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$34,800
Related organizations$0
Government grants $1,708,101
All other contributions, gifts, grants, and similar amounts not included above$1,329,509
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,072,410
Total Program Service Revenue$54,581,411
Investment income $12,489,386
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $198,126
Net Gain/Loss on Asset Sales $657
Net Income from Fundraising Events $201,376
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $70,545,249

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Fox Run Village Inc has recieved totaling $61,229.

Awarding OrganizationAmount
National Gift Annuity Foundation

Jacksonville, FL

PURPOSE: Benevolent Care Fund

$36,121
Community Foundation For Southeast Michigan

Detroit, MI

PURPOSE: FOX RUN SCHOLARSHIP FUND

$25,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$108
View Grant Recipient Profile

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