Creating a community that thrives physically, spiritually, and emotionally. Guided by biblical principles which honor jesus christ, friendship village provides a warm, gracious and secure environment where all experience physical, spiritual and emotional care.

501(c)(3) charity; gifts are tax-deductible.
49¢ of each $1 spent went to programs.
$2.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $255K a year · 4% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
49%
of spending
Concern: 49% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.4M
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
9 mo
of spending, in cash
Looks good: 9.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$10.0M
146% of total assets
Concern: liabilities are 146% of assets; over 80%.
Pt X · Ln 26
Independent board members
9
of 10 voting members
Looks good: 9 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.1M
+5% vs prior year
Spent
$7.2M
To programs
49%
Net assets
−$3.1M
By yearFY2020–FY2025
Revenue
$6.1M
FY2024▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.5M
FY2021$7.0M
FY2022$4.9M
FY2023$5.8M
FY2024$6.1M
FY2025$9.1M
Expenses
$7.2M
FY2024▲ +23%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.8M
FY2021$7.2M
FY2022$5.3M
FY2023$5.9M
FY2024$7.2M
FY2025$8.6M
Net assets
−$3.1M
FY2024▼ -56%
Tap a bar for its year
Net assets by fiscal year
FY2020−$1.3M
FY2021−$1.5M
FY2022−$1.9M
FY2023−$2.0M
FY2024−$3.1M
FY2025$3.0M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

49 cents of each dollar spent went to programs.

Program services 49% · $3.6M Management & general 51% · $3.7M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

19 people listed on the 990; $2.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President & CEO
$537,873Pt VII · Sec A
Chief Strategy Officer
$360,327Pt VII · Sec A
$287,740Pt VII · Sec A
Chief Human Resources Officer
$242,893Pt VII · Sec A
Vice President, Health Services
$222,750Pt VII · Sec A
Director, SR. Living Sales
$175,102Pt VII · Sec A
Senior IT Director
$171,179Pt VII · Sec A
Executive Director, Fv at Home
$165,520Pt VII · Sec A

James T Walsh’s $643K as President & CEO is at the 100th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
James T Walsh$642,743$537,873$599,253$350,877$459,323$391,872
Carmen Fronczak$426,508$360,327$406,507$308,736$303,231$230,043
Kathy Francescon$329,891$287,740————
Tim Vosse——$314,663$278,020$324,454$282,419
Stacey Zerban$270,178$222,750———$167,355
Gayle Randa$266,563$242,893$248,079$220,910$232,971$184,515
Michael E Hambley—————$200,971
Nathan Torno$188,643$175,102————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Fv Services INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports Friendship Villages and their affiliates, providing services and fulfilling their missions.

Questions for Fv Services INC

Tap to ask. Fv Services INC sees how many people are interested.

Your first name shows with your question. Fv Services INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $3.3M · in their own filed words · FY2023
01

Friendship Village at Home

For those not living on one of our campuses, bringing extensive experience and quality care to medicare home health and private duty. 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 loves ones.

$2.1Mprogram expense
02

Fv at Home

Supportive services, LLC - our experienced team provides a range of supportive services to help you live the life you love in your chesterfield or sunset hills independent living apartment. These services are customized and designed around you at an affordable rate to help you remain independent as long as possible.

$1.2Mprogram expense
03

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.

$63Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $235K · 2019–2024
Unitemized GrantFY2024$13,351
Unitemized GrantFY2023$7,290
Unitemized GrantFY2022$13,304
Unitemized GrantFY2021$6,741

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.1M
Ln 12
Fees for servicesLn 2g$6.1M
Other incomeLn 4–11$11K
Investment incomeLn 3$506
Money outPt IX
$7.2M
Ln 25
Programscol B$3.6M
Managementcol C$3.7M
Owns and owesPt X
−$3.1M
net assets · Ln 32
Cash and savingsLn 1–2$5.6M
Total assetsLn 16$6.8M
LiabilitiesLn 26$10.0M
PeoplePt VI, VII
19
listed · VII A
PaidVII A18
Voting boardVI 1a10
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$6.1M
Investment incomeLn 3$506
Other incomeLn 4–11$11K
Total revenueLn 12$6.1M
Assets in detailPt X, end of year
CashLn 1$2.6M
SavingsLn 2$3.0M
Cash and savings togetherLn 1–2$5.6M
Land, buildings, equipmentLn 10c$16K
Other assetsLn 15$50K
Total assetsLn 16$6.8M
LiabilitiesLn 26$10.0M
Net assetsLn 32−$3.1M
OperationsPt I, VI
EmployeesI 51,589
VolunteersI 632
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$4.0M$5.6M
Land, buildings, equipmentLn 10c$16K$16K
Total assetsLn 16$5.0M$6.8M
LiabilitiesLn 26$7.0M$10.0M
Net assetsLn 32−$2.0M−$3.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$7K$7K
Pay of current officers, directors and key staffLn 5$564K$564K
Other salaries and wagesLn 7$3.7M$2.3M$1.4M
Pension plan contributionsLn 8$31K$15K$16K
Other employee benefitsLn 9$280K$167K$113K
Payroll taxesLn 10$236K$169K$67K
Management feesLn 11a$33K$33K
Legal feesLn 11b$81K$81K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$1.0M$731K$274K
Advertising and promotionLn 12$389K$389K
Office expensesLn 13$188K$67K$121K
Information technologyLn 14$280K$280K
OccupancyLn 16$24K$24K
TravelLn 17$185K$93K$92K
Conferences, conventions and meetingsLn 19$50K$50K
InterestLn 20$210$210
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$29K$29K
Other expenses (24a–d)Ln 24$135K$135K
All other expensesLn 24e$6K$6K
Total functional expensesLn 25$7.2M$3.6M$3.7M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $9.1M$8.6M$568K$3.0M 990 PDF
FY2024 Viewing $6.1M$7.2M−$1.1M−$3.1M 990 PDF
FY2023 $5.8M$5.9M−$77K−$2.0M 990 PDF
FY2022 $4.9M$5.3M−$402K−$1.9M 990 PDF
FY2021 $7.0M$7.2M−$239K−$1.5M 990 PDF
FY2020 $6.5M$6.8M−$258K−$1.3M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $6,105,585 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $5,802,349$6,094,281
I-10 Investment incomePrior year $419$506
I-11 Other revenuePrior year $9,542$10,798
I-12 Total revenuePrior year $5,812,310$6,105,585
I-13 Grants and similar amounts paidPrior year $13,304$7,290
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,810,787$4,803,879
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,064,909$2,416,199
I-18 Total expensesPrior year $5,889,000$7,227,368
I-19 Revenue less expensesPrior year −$76,690−$1,121,783
Part VI · Governance 9 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,105,585 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,094,281$6,094,281
VIII-3 Investment incomeExcluded from tax $506$506
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $10,798$10,798
VIII-12 Total revenueRelated to mission $6,094,281 · Unrelated business $0 · Excluded from tax $11,304$6,105,585
Part IX · Statement of functional expenses $7,227,368 across 21 lines filed
IX-2 Grants to domestic individualsPrograms $7,290$7,290
IX-5 Pay of current officers, directors and key staffManagement $564,472$564,472
IX-7 Other salaries and wagesPrograms $2,320,862 · Management $1,371,586$3,692,448
IX-8 Pension plan contributionsPrograms $15,249 · Management $15,924$31,173
IX-9 Other employee benefitsPrograms $166,791 · Management $113,456$280,247
IX-10 Payroll taxesPrograms $168,795 · Management $66,744$235,539
IX-11a Management feesManagement $33,000$33,000
IX-11b Legal feesManagement $80,861$80,861
IX-11c Accounting feesManagement $6,598$6,598
IX-11g Other fees for servicesPrograms $731,433 · Management $274,321$1,005,754
IX-12 Advertising and promotionManagement $389,027$389,027
IX-13 Office expensesPrograms $67,402 · Management $121,000$188,402
IX-14 Information technologyManagement $280,088$280,088
IX-16 OccupancyManagement $24,000$24,000
IX-17 TravelPrograms $92,916 · Management $91,613$184,529
IX-19 Conferences, conventions and meetingsManagement $50,486$50,486
IX-20 InterestManagement $210$210
IX-22 Depreciation, depletion and amortizationPrograms $3,232$3,232
IX-23 InsuranceManagement $29,063$29,063
IX-24 Other expenses (24a–d)Management $135,369$135,369
IX-24e All other expensesManagement $5,580$5,580
IX-25 Total functional expensesPrograms $3,573,970 · Management $3,653,398 · Fundraising $0$7,227,368
Part X · Balance sheet $6,826,631 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,694,851$2,575,884
X-2 Savings and temporary cash investmentsStart of year $2,291,979$3,010,745
X-4 Accounts receivableStart of year $585,916$760,727
X-9 Prepaid expenses and deferred chargesStart of year $23,408$13,588
X-10c Land, buildings and equipment, netStart of year $15,594$15,949
X-14 Intangible assetsStart of year $400,000$400,000
X-15 Other assetsStart of year $0$49,738
X-16 Total assetsStart of year $5,011,748$6,826,631
X-17 Accounts payable and accrued expensesStart of year $1,533,086$2,131,861
X-25 Other liabilitiesStart of year $5,486,727$7,824,618
X-26 Total liabilitiesStart of year $7,019,813$9,956,479
X-27 Net assets without donor restrictionsStart of year −$2,008,065−$3,129,848
X-32 Total net assets or fund balancesStart of year −$2,008,065−$3,129,848
X-33 Total liabilities and net assetsStart of year $5,011,748$6,826,631
Part XI · Reconciliation of net assets −$3,129,848 net assets at year end
XI-1 Total revenue$6,105,585
XI-2 Total expenses$7,227,368
XI-3 Revenue less expenses−$1,121,783
XI-4 Net assets at start of year−$2,008,065
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$3,129,848

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.