Foss Home & Villiage

Organization Overview

Foss Home & Villiage is located in Seattle, WA. The organization was established in 2014. 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 12/2023, Foss Home & Villiage employed 295 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foss Home & Villiage 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 12/2023, Foss Home & Villiage generated $27.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $27.2m during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 8 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

NURSING HOME AND ASSISTED LIVING FACILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SINCE 1929 FOSS HOME AND VILLAGE HAS PROVIDED CARE FOR THE COMMUNITY IN A NURSING HOME AND ASSISTED LIVING SETTING. FOSS SERVES A POPULATION WITH A SUBSTANTIAL NUMBER OF MEDICAID AND MEDICARE SUPPORTED RESIDENTS AND PATIENTS, WITH 70% OF ITS SERVICE REVENUE FROM MEDICAID/MEDICARE. IN ADDITION TO PROVIDING CARE, FOSS STRIVES TO BE ACTIVE IN THE COMMUNITY BY PARTNERING WITH THE UNIVERSITY OF WASHINGTON, SHORELINE COMMUNITY COLLEGE AND OTHER COLLEGES AND UNIVERSITIES. FOSS PROVIDES A LEARNING ENVIRONMENT FOR INTERNSHIPS BASED IN THE FIELDS OF DENTISTRY, PHARMACY, RESTORATIVE THERAPY, NURSING, AND NURSING ASSISTANT TRAINING. FOSS ALSO HAS AN ACTIVE VOLUNTEER PROGRAM THAT ENCOURAGES HIGH SCHOOL AND COLLEGE STUDENTS. FOSS SERVED 499 NURSING HOME CLIENTS AND 39 ASSISTED LIVING CLIENTS, (CONTINUED IN SCHEDULE O)WITH THE AVERAGE LENGTH OF STAY FOR SHORT-STAY RESIDENTS, DEFINED BY THOSE WHO STAYED 100 DAYS OR LESS, OF APPROXIMATELY 22 DAYS. RATES ARE SET BASED ON THE MARKET IN THE SEATTLE AREA, WHICH ARE NECESSARY TO MAKE THE ORGANIZATION VIABLE.


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Board, Officers & Key Employees

Name (title)Compensation
R Kevin Mcfeely
President/ceo
$0
Banafsheh Baharloo RN
Nurse
$218,215
Ayenew Aemero Lpn
Nurse
$211,148
Gebru Tezera Lpn
Nurse
$185,337
Solomon G-Kidane Lpn
Nurse
$177,906
Laura Molzahn
Executive Director
$141,591

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sturdy Medical Staffing Llc
Staffing Agency
$2,086,207
A Kind Heart Inc
Staffing Agency
$887,684
Consonus Rehab
Therapy
$862,092
Eastgate Staffing Agency
Staffing Agency
$559,584
Coc Consulting Llc
Lab Services
$152,511
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,550,000
All other contributions, gifts, grants, and similar amounts not included above$158,346
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,708,346
Total Program Service Revenue$22,956,414
Investment income -$959
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $14,958
Net Gain/Loss on Asset Sales $2,691,980
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $13,951
Miscellaneous Revenue$0
Total Revenue $27,385,022

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