Fv Services Inc

The information for Fv Services Inc is as of the organization's most recent filing in June '21. This organization is located in St Louis, MO. It has been in existence for 4 years, following its founding in 2017.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Fv Services Inc's NTEE code is L02. The "L" tells us that the organization is classified along with the Housing & Shelter major group. The "02" tells us that the organization is involved in Management & Technical Assistance within this major group. The NTEE describes Management & Technical Assistance as consultation, training, and other forms of management assistance services provided to nonprofit groups within the Housing, Shelter major group area.

Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to fall under section 3 of the Internal Revenue Code, which is described as Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations.

To understand the organization's goals and objectives, it is important to look at its mission. The mission of Fv Services Inc is to perform the functions of, and/or carry out the purposes of Friendship Village of South County, Friendship Village of West County, and any other controlled affiliate of the corporation.

Program Areas

Program Area 1: FV Management provides strategic development and management focus to improve effectiveness and quality of the services provided by its supported organizations within the Friendship Village system.

Program Area 2: Friendship Village at Home provides extensive experience and quality care in Medicare home health and private duty for individuals who do not live on one of our campuses. Whether you need private duty home care or Medicare home health, you can trust Friendship Village and its partners to deliver the best care to you or your loved ones.

Program Area 3: FV At Home - Supportive Services, LLC provides a range of supportive services to help individuals live independently in their Chesterfield or Sunset Hills independent living apartment. These customized services, such as meal preparation, light housekeeping, and assistance with bathing and grooming, are designed to support individuals in maintaining their independence for as long as possible. Additional services include laundry and linen service, medication reminders, shopping and errands, transportation, and more.

Organization Staffing

Fv Services Inc has 83 employees, with 24 of them being paid over $100k according to the organization's most recent 990 tax filing. Supporting the paid staff are 2 volunteers.

Board Governance

Fv Services Inc, a non-profit organization, appears to be well-governed based on the provided information. With 11 voting members, including 7 independent members, the organization demonstrates a commitment to diversity and avoiding potential conflicts of interest. The fact that there are no potential conflicts of interest further strengthens the organization's governance structure. Furthermore, Fv Services Inc ensures transparency and accountability by documenting both board and committee meetings. This practice allows for proper record-keeping and ensures that decisions and discussions are well-documented. The organization's conflict of interest policy, along with the requirement for disclosure of conflicts, demonstrates a commitment to ethical conduct and avoiding any conflicts that may compromise the organization's mission. Fv Services Inc also exhibits good governance practices by having written policies in place. These include a whistleblower policy, which encourages reporting of any misconduct or unethical behavior, and a document retention policy, which ensures that important records are properly stored and maintained. Additionally, the organization substantiates and reviews both leadership and officer salaries, indicating a commitment to fair compensation practices. Lastly, the organization's practice of providing copies of the 990 form to the board prior to filing shows a commitment to transparency and accountability in financial reporting. This allows the board members to review and ensure the accuracy of the organization's financial information before it is submitted. Overall, Fv Services Inc appears to have a strong governance structure in place, with policies and practices that promote transparency, accountability, and ethical conduct.

Organization Growth

Fv Services Inc, a nonprofit organization, has shown significant growth over the given time period. The program service revenue has increased from $0 in 2016 to $7.0 million in 2020. Additionally, the total revenue has also grown from $0 in 2016 to $7.0 million in 2020. This indicates that the organization has been successful in generating revenue and expanding its programs. Furthermore, the total number of employees has increased from 0 in 2016 to 83 in 2020, which suggests an expansion in the organization's workforce. Although the data provided does not include information on expenses or volunteers, the growth in revenue and employee count indicates that Fv Services Inc has experienced significant growth over the given time period.