2025-04-03T15:07:12-05:00 2024-06-30 540504608 BROWN EDWARDS & COMPANY LLP 3906 ELECTRIC ROAD ROANOKE VA 24018 990 2023-07-01 541427948 FRIENDSHIP FOUNDATION FRIE 5402652177 367 HERSHBERGER RD NW ROANOKE VA 24012 C MICHAEL SHANNON CFO 5402652177 2025-04-02 1 0 EVAN ROSS P01786214 5403450936 2025-04-02 2023 2025-03-06 01:10:19Z C MICHAEL SHANNON 367 HERSHBERGER RD NW ROANOKE VA 24012 27780443 0 X WWW.FRIENDSHIP.US X 1987 VA SUPPORTING FRIENDS BY PROVIDING PEACE OF MIND 10 10 407 33 47235 0 120338 752413 3763813 25137876 135900 133863 7940874 1744142 11960925 27768294 124739 127750 0 0 2064086 12239130 0 0 0 3382711 17174397 5571536 29541277 6389389 -1772983 30735129 103431835 21398203 95836751 9336926 7595084 X SUPPORTING FRIENDS BY PROVIDING PEACE OF MIND 1 0 111711 127750 694221 THE CORPORATION COLLECTS GRANTS & CONTRIBUTIONS TO COVER ITS COSTS AND CONTRIBUTIONS TO DISTRIBUTE TO OTHER NONPROFIT ORGANIZATIONS. 5042510 4653751 FRIENDSHIP SALEM TERRACE OPERATED A 79 BED ASSISTED LIVING FACILITY, WITH AN OCCUPANCY RATE OF 90% FOR THE FISCAL YEAR. THE FACILITY HAD CENSUS DAYS OF 71.49 WITH AN ADDITIONAL 7.29 SECOND OCCUPANTS. THE ORGANIZATION MAINTAINS TWENTY FOUR HOUR NURSING STAFF. SERVICES THAT THE STAFF PROVIDE ARE OFFERED IN FOUR DIFFERENT LEVELS. THESE SERVICES INCLUDE ASSISTANCE WITH TAKING MEDICINE, BATHING AND/OR GROOMING, AND 24 HOUR NURSING SUPERVISION. IN ADDITION TO NURSING SERVICES, THE ORGANIZATION ALSO MAINTAINS A DIETARY STAFF IN ORDER TO PROVIDE THREE NUTRITIOUS MEALS. 19490600 20058612 FRIENDSHIP RL, LLC ("FRL") WAS FORMED IN OCTOBER 2023 AS PART OF THE ACQUISITION OF RICHFIELD LIVING, LLC. FRL IS OWNED BY FRIENDSHIP FOUNDATION AND HAS MULTIPLE ACCOUNTING ENTITIES UNDER THEIR EMPLOYER IDENTIFICATION NUMBER ("EIN"). ENTITIES UNDER THE FRL EIN NUMBER INCLUDES RICHFIELD HEALTH CENTER ("RHC"), RICHFIELD LIVING INDEPENDENT LIVING ("RL IL"), THE JOSEPH C. THOMAS CENTER ("JCT"), THE OAKS ("OAKS"), THE PROFESSIONAL BUILDING ("PROF"), THE DAUGHERTY ROAD BUILDING ("DR"), AND TOWN CENTER ("TC"). RHC CONSISTS OF A 112-BED SKILLED NURSING FACILITY. RL IL FURNISHES INDEPENDENT LIVING ACCOMMODATIONS ACROSS FOUR BUILDINGS ON THEIR CAMPUS. JCT AND OAKS PRIMARILY PROVIDE ASSISTED LIVING ACCOMMODATIONS. PROF IS A COMMERCIAL REAL ESTATE BUILDING THAT HOUSES TWO PROFESSIONAL TENANTS AND COLLECTS RENTAL INCOME MONTHLY. TC IS COMPOSED OF A COMMUNITY CENTER WITH RESTAURANTS, A CHAPEL, AND HOSTS VARIOUS ACTIVITIES FOR THE RELATED FRL ENTITIES. LASTLY, DR IS MAINLY A STORAGE FACILITY THAT HOUSES THE BUILDING INVENTORY ACQUIRED DURING THE RICHFIELD LIVING ACQUISITION.THE FACILITIES HAD AN OCCUPANCY RATE OF OF THE FOLLOWING: RHC - 87.93%, JCT: 72.7%, OAKS: 72.0%, AND RLIL - 93.2%. 24644821 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 X 38 0 1 407 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X VALLEY MANAGEMENT CO INC 5402652177 367 HERSHBERGER RD NW ROANOKE VA 24012 X GLEN C COMBS DIRECTOR 1.00 3.00 X 0 47100 0 EDWIN R FEINOUR DIRECTOR 1.00 3.00 X 0 40000 0 NATHANIEL BISHOP DIRECTOR 1.00 3.00 X 0 40000 0 LUCIAN Y GROVE JR DIRECTOR 1.00 3.00 X 0 47100 0 CYNDA A JOHNSON DIRECTOR 1.00 3.00 X 0 47100 0 ROBERT C LAWSON CHAIRMAN 1.00 3.00 X X 0 64000 0 KATHRYN K OELSCHLAGER VICE-CHAIR 1.00 3.00 X X 0 52500 0 ROBERT H SANDEL DIRECTOR 1.00 3.00 X 0 47100 0 JOHN B WILLIAMSON III DIRECTOR 1.00 3.00 X 0 20500 0 GREGORY W FELDMANN DIRECTOR 0.00 3.00 X 0 0 0 JOE HOFF CEO 20.00 20.00 X 0 635963 20335 MICHAEL SHANNON CFO 20.00 20.00 X 0 461941 13846 CINDY MITCHELL BOARD SECRETARY 20.00 20.00 X 0 73278 1335 ANGELA HUGHES VP OF HUMAN RESOURCES AND 20.00 20.00 X 0 213703 10643 MARY RODGER DIRECTOR OF ACCOUNTING 20.00 20.00 X 0 181023 16253 STEPHANIE DUNCAN DIRECTOR OF REVENUE CYCLE 20.00 20.00 X 0 148437 10965 TODD LOWE DIRECTOR OF INFORMATION SY 20.00 20.00 X 0 146989 14966 ASHLEY JEWELL DIRECTOR OF HUMAN RESOURCE 20.00 20.00 X 0 126301 8617 0 2393035 96960 0 0 1 0 0 752413 752413 ROOM & BOARD 623000 24331385 24331385 MISCELLANEOUS 623000 379435 379435 PT/OT/ST 623000 341953 341953 BEAUTY SHOP 623000 85103 85103 25137876 146012 146012 7133 5016 -7133 -5016 -12149 -12149 INTERCOMPANY DIVIDEND 900099 1428199 1428199 VBP MEDICAID INCENTIVE 900099 257045 257045 LAUNDRY SERVICES 812300 47235 47235 11663 11663 1744142 27768294 25406584 47235 1562062 X 127750 127750 10565293 9509619 1055674 76292 70073 6219 789031 724708 64323 808514 729365 79149 9500 9500 2541 2541 95745 95745 25568 12260 13308 205318 205318 5751 1693 4058 3536092 2452824 1083268 3435108 2382776 1052332 407951 282977 124974 HOME OFFICE COSTS 2045164 2045164 TEMP LABOR 1590815 1590815 MAINTENANCE 1274506 1274506 UTILITIES 1215962 843457 372505 3324376 2501089 823287 29541277 24644821 4896456 0 10153137 11993614 19219 1402071 3630912 3321648 10488 943438 18319 262514 62485116 3028230 11780173 59456886 465193 686256 4657688 25365408 30735129 103431835 438475 5548360 20959728 90288391 21398203 95836751 X 9336926 7242524 352560 9336926 7595084 30735129 103431835 -1772983 31141 0 X X 0 1 X 1 0 X 120338 752413 872751 3763813 25137876 28901689 3884151 25890289 29774440 0 0 0 29774440 130287 146012 276299 130287 146012 276299 17149 47235 64384 5941427 268708 6210135 9973014 26352244 36325258 0.81970 0.38950 0.00760 0.01310 X PART IV, SECTION A, LINE 1 THE SUPPORTED ORGANIZATIONS ARE ALL DESIGNATED THROUGH COMMON OWNERSHIP AS SUBSIDIARIES OF FRIENDSHIP FOUNDATION. PART IV, SECTION D, LINE 3 THE CORPORATION AND ITS SUPPORTED ORGANIZATIONS SHARE THE SAME BOARD OF DIRECTORS AND THEREFORE THE SAME VOICE IN DECISION-MAKING. PART IV, SECTION E, LINE 2A THE CORPORATION PERFORMS MARKETING SERVICES FOR ITS SUPPORTED NONPROFIT ORGANIZATIONS: FRIENDSHIP HEALTH AND REHAB CENTER, INC., FRIENDSHIP APARTMENT VILLAGE CORP., EASTWOOD ASSISTED LIVING, INC., FRIENDSHIP OUTPATIENT & WELLNESS SERVICES, AND FRIENDSHIP HEATH AND REHAB CENTER SOUTH, INC. PART IV, SECTION E, LINE 2B THE CORPORATION'S ASSUMPTION OF MANAGEMENT FUNCTIONS EASES THE BURDEN OF ADMINISTRATIVE TASKS THE SUPPORTED ORGANIZATIONS WOULD OTHERWISE PERFORM ON THEIR OWN. THIS ALLOWS THE SUPPORTED ORGANIZATIONS TO MORE EASILY FOCUS ON SERVING THEIR PATIENTS AND RESIDENTS. PART IV, SECTION E, LINE 3A THE CORPORATION AND ITS SUPPORTED ORGANIZATIONS SHARE THE SAME BOARD OF DIRECTORS. THE BOARD IS DESIGNATED BY FRIENDSHIP FOUNDATION AND THIS IS PRESCRIBED IN EACH SUPPORTED ORGANIZATION'S BYLAWS. PART IV, SECTION E, LINE 3B THROUGH THE CONTROL AND NOMINATION OF THE CENTRAL BOARD OF DIRECTORS, FRIENDSHIP FOUNDATION IS ABLE TO EXCERCISE SUBSTANTIAL DIRECTION OVER ITS SUPPORTED ORGANIZATIONS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 2984 2984 0 PART II-B, LINE 1: FRIENDSHIP FOUNDATION ATTEMPTS TO INFLUENCE LEGISLATION THROUGH MEMBERSHIP IN THE VIRGINIA HEALTH CARE ASSOCIATION WHO LOBBIES ON OUR BEHALF. THE AMOUNT ON PART II-B, LINE 1I IS THE AMOUNT ALLOCATED TO LOBBYING BY THE VIRGINIA HEALTH CARE ASSOCIATION OF FEES PAID BY ITS MEMBERS TO THE ORGANIZATION. 3172982 3172982 55137123 2439315 52697808 912005 178037 733968 3053451 410878 2642573 209555 209555 59456886 GOODWILL 14012097 EARNEST DEPOSIT 100000 RESTRICTED DEPOSITS 8862419 CLOSING COSTS 2390892 25365408 DUE TO/FROM AFFILIATES 13369592 BONDS PAYABLE 76428593 DEFERRED CLOSING COSTS 90566 LEASE PAYABLE 237517 INTEREST PAYABLE 162123 90288391 X 27624809 31141 40563 71704 27553105 215189 215189 27768294 29366651 40563 40563 29326088 215189 215189 29541277 PART X, LINE 2: FRIENDSHIP FOUNDATION IS A NOT-FOR-PROFIT COMPANY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT GENERALLY SUBJECT TO INCOME TAXES UNDER PRESENT TAX LAWS. FRIENDSHIP FOUNDATION, INC HAS DETERMINED IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: MISC EXPENSE SHOWN AS INCOME ON FINANCIALS 35,547. ASSET DISPOSAL 5,016. PART XI, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT SHOWN NET ON FINANCIALS 215,189. PART XII, LINE 2D - OTHER ADJUSTMENTS: MISC EXPENSE SHOWN AS INCOME ON FINANCIALS 35,547. ASSET DISPOSAL 5,016. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT SHOWN NET ON FINANCIALS 215,189. 1 FINANCIAL ASSISTANCE TO RESIDENTS 119299 THE MARGARET PECK ARTIE FOSTER MEMORIAL FUND 8451 PART I, LINE 2: FRIENDSHIP FOUNDATION DOES NOT ISSUE GRANT FUNDS, BUT CHARITABLE DONATIONS AS LISTED IN PART II. X X X X X X 0 1 0 0 0 1 1 0 0 JOE HOFF CEO 0 392473 0 222488 0 21002 0 9669 0 10666 0 656298 0 0 MICHAEL SHANNON CFO 0 308611 0 136765 0 16565 0 8334 0 5512 0 475787 0 0 ANGELA HUGHES VP OF HUMAN RESOURCES AND 0 171029 0 42597 0 77 0 5131 0 5512 0 224346 0 0 MARY RODGER DIRECTOR OF ACCOUNTING 0 169346 0 11600 0 77 0 5080 0 11173 0 197276 0 0 TODD LOWE DIRECTOR OF INFORMATION SY 0 131312 0 15600 0 77 0 3924 0 11042 0 161955 0 0 STEPHANIE DUNCAN DIRECTOR OF REVENUE CYCLE 0 132260 0 16100 0 77 0 3968 0 6997 0 159402 0 0 PART I, LINE 4B C. MICHAEL SHANNON RECEIVED $16,654 FOR A NON-QUALIFIED RETIREMENT PROGRAM. JOE HOFF RECEIVED $21,137 FOR A NON-QUALIFIED RETIREMENT PROGRAM. THE PROGRAM IS AN EXECUTIVE INVESTMENT TRUST PLAN FOR HIGHLY COMPENSATED AND MANAGEMENT EMPLOYEES. EACH PRESENT AND FUTURE EMPLOYEE OF THE COMPANY AND ITS SUBSIDIARIES WHOM THE COMMITTEE (THE EMPLOYMENT COMPENSATION COMMITTEE OF THE BOARD) DETERMINES TO BE AN ELIGIBLE EMPLOYEE SHALL BE ELIGIBLE TO RECEIVE AN AWARD UNDER THE PLAN. THE EMPLOYEE MUST BE A FULL-TIME ACTIVE PARTICIPANT TO RECEIVE THE AWARD. PART I, LINE 6 THE INDIVIDUALS RECEIVED VARIABLE COMPENSATION PAYMENTS BASED ON A PERFORMANCE SCORECARD. IN TURN, THE SCORECARD MEASURES ARE BASED ON A NUMBER OF MEASURES IN THE CATEGORIES OF FINANCIAL PERFORMANCE, QUALITY PERFORMANCE, INNOVATION AND GROWTH. FOR THE AFFILIATED CORPORATIONS, JOSEPH HOFF, PRESIDENT AND CEO, RECEIVED $222,488, C. MICHAEL SHANNON, CFO, RECEIVED $136,765, CINDY MITCHELL, SECRETARY, RECEIVED $4,600. FORM 990, PART III, LINE 2 FRIENDSHIP FOUNDATION IS NOW THE SOLE MEMBER OF FRIENDSHIP RICHFIELD LIVING, WHICH IS RECOGNIZED AS A DISREGARDED ENTITY FOR TAX PURPOSES. PROGRAM SERVICE ACTIVITY FROM FRIENDSHIP RICHFIELD LIVING IS NOW BEING REPORTED ON THE FRIENDSHIP FOUNDATION TAX RETURN AND HAS RESULTED IN SIGNIFICANT PROGRAM SERVICE UNDERTAKINGS THAT WERE NOT LISTED ON THE PRIOR FORM 990. SCHEDULE A HAS BEEN UPDATED ACCORDINGLY. PART V, LINE 2B FRIENDSHIP HEALTH AND REHAB CENTER, INC, EIN 23-7126857 IS THE PAYMASTER FOR TEN RELATED C CORPORATIONS WHICH HAVE EMPLOYEES. THIS CORPORATION PAYS ALL EMPLOYEES AND PREPARES AND FILES ALL REQUIRED FEDERAL PAYROLL RETURNS. EACH CORPORATION AND ITS EMPLOYEES ARE AS FOLLOWS: FRIENDSHIP HEALTH AND REHAB CENTER INC 492 EMPLOYEES FRIENDSHIP APARTMENT VILLAGE CORP 32 EASTWOOD ASSISTED LIVING, INC 83 PROFESSIONAL HEALTH CARE SERVICES, INC 42 FRIENDSHIP PHARMACY, INC 4 VALLEY MANAGEMENT CO, INC 59 LTC SERVICES, INC 25 FRIENDSHIP OUTPATIENT & WELLNESS SERVICES, INC 20 FRIENDSHIP FOUNDATION 1 FRIENDSHIP HEALTH AND REHAB CENTER SOUTH 255 FRIENDSHIP PHYSICIAN CLINIC 3 FRIENDSHIP SALEM TERRACE 97 FRIENDSHIP RL, LLC 309 TOTAL 1,422 FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES THE FORM 990 AND FORWARDS IT TO THE CFO AND CEO FOR REVIEW. THE CFO AND CEO RETURN THE FORM 990 TO THE CPA TO RESOLVE QUESTIONS AND MAKE CHANGES. THE FORM 990 GOES BACK TO THE CFO AND CEO TO ENSURE QUESTIONS AND CHANGES HAVE BEEN MADE. A COPY OF THE FORM 990 IS THEN PROVIDED TO EACH BOARD MEMBER BY THE CFO APPROXIMATELY TWO WEEKS PRIOR TO THE DUE DATE. THEY ARE GIVEN ONE WEEK TO REVIEW AND FORWARD QUESTIONS TO THE CFO. REVIEW QUESTIONS ARE RESOLVED AND THE FORM 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS INCLUDED IN BOTH THE EMPLOYEE HANDBOOK AND THE CODE OF CONDUCT, WHICH IS ISSUED TO AND DISCUSSED WITH EACH EMPLOYEE AND BOARD MEMBER. AN ANNUAL LETTER AFFIRMING THE POLICY AND ASKING FOR WRITTEN DECLARATIONS OF ANY POTENTIAL CONFLICTS IS SENT TO ALL BOARD MEMEBRS AND APPROXIMATELY 20% OF EMPLOYEES (ALL MANAGERS, BUSINESS OFFICE STAFF, PURCHASING DEPARTMENT STAFF, HUMAN RESOURCES STAFF, ETC). RESPONSES ARE REVIEWED BY THE CORPORATE COMPLIANCE OFFICER, REPORTED TO THE BOARD, AND ACTED UPON AS NEEDED. ALSO, THE CORPORATION IS AWARE OF THE BUSINESS AFFILIATIONS OF OFFICERS AND DIRECTORS AND ENSURES THAT EACH IS AWARE OF THE AFFILIATIONS. WHENEVER DISCUSSIONS OCCUR IN WHICH A CONFLICT EXISTS, THE INDIVIDUAL RECUSES THEMSELF FROM THE PROCEEDINGS SO THE OTHER MEMBERS CAN DISCUSS THE MATTER FREELY. EACH YEAR AT ITS CORPORATE GOVERNANCE COMMITTEE MEETING AND ANNUAL BOARD MEETING A REPORT IS MADE TO THE BOARD OF DIRECTORS DESCRIBING THE BUSINESS AFFILIATIONS AND ANY BUSINESS TRANSACTIONS THAT OCCURRED DURING THE YEAR BETWEEN THE CORPORATION AND THE EXTERNAL BUSINESSES IN WHICH THE DIRECTORS OR OFFICERS ARE INVOLVED. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD ROUTINELY ENGAGES AN EXTERNAL CONSULTANT TO REVIEW BENCHMARK COMPENSATION DATA FOR THE CEO AND OTHER KEY MANAGEMENT POSITIONS. A NUMBER OF NATIONALLY RECOGNIZED SALARY SURVEYS ARE UTILIZED AS PART OF THIS PROCESS AND THE CONSULTANT'S WRITTEN REPORT IS RECEIVED BY THE COMPENSATION COMMITTEE AND THE FULL BOARD ANNUALLY. THE COMPENSATION COMMITTEE REVIEWS THE COMPENSATION FOR EACH MEMBER OF THIS GROUP UTILIZING THE BENCHMARK DATA AND ANY ADJUSTMENTS IN COMPENSATION ARE RECOMMENDED FROM THE COMPENSATION COMMITTEE TO THE FULL BOARD FOR CONSIDERATION AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE COMPANY WILL PROVIDE COPIES OF GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS, AND FORM 990S TO PERSONS ASKING FOR THE DOCUMENTS. FORM 990, PART VII THE ORGANIZATION SHARES BOARD MEMBERS AND OFFICERS WITH RELATED ORGANIZATIONS. THE AVERAGE HOURS A WEEK THAT EACH INDIVIDUAL SPENDS WITH EACH ORGANIZATION IS AS FOLLOWS: VALLEY MANAGEMENT CO., INC.: EDWIN R. FEINOUR 3.00 GLEN C. COMBS 3.00 ROBERT C. LAWSON 3.00 ROBERT H. SANDEL 3.00 KATHRYN K. OELSCHLAGER 3.00 NATHANIEL L. BISHOP 3.00 LUCIAN GROVE, JR. 3.00 JOHN WILLIAMSON 3.00 CYNDA JOHNSON 3.00 JOSEPH M. HOFF 3.00 C. MICHAEL SHANNON 3.00 GREGORY W. FELDMANN 3.00 FORM 990, PART IX, LINE 24E MISCELLANEOUS AND SUPPLIES: PROGRAM SERVICE EXPENSES 295,288. MANAGEMENT AND GENERAL EXPENSES 709,300. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,004,588. FOOD: PROGRAM SERVICE EXPENSES 937,021. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 937,021. ANCILLARY: PROGRAM SERVICE EXPENSES 647,506. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 647,506. PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 179,748. MANAGEMENT AND GENERAL EXPENSES 57,775. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 237,523. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 224,976. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 224,976. CONSULTANTS: PROGRAM SERVICE EXPENSES 109,115. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 109,115. RECRUITMENT: PROGRAM SERVICE EXPENSES 84,554. MANAGEMENT AND GENERAL EXPENSES 7,505. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 92,059. DUES, MEMBERSHIP, AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 749. MANAGEMENT AND GENERAL EXPENSES 35,472. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,221. TELEPHONE: PROGRAM SERVICE EXPENSES 22,132. MANAGEMENT AND GENERAL EXPENSES 9,775. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,907. POSTAGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,460. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,460. PART XII, LINE 2 THE CORPORATION PARTICIPATES IN A CONSOLIDATED AUDIT WITH AFFILIATED COMPANIES REPORTED ON SCHEDULE R. WHEN FINISHED, THE AUDITED STATEMENTS ARE PRESENTED TO THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS BY THE EXTERNAL AUDITORS. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FRIENDSHIP SALEM TERRACE 367 HERSHBERGER RD NW ROANOKE VA 24012 883268472 ASSISTED LIVING FACILITY VA FRIENDSHIP FOUNDATION FRIENDSHIP RICHFIELD LIVING 367 HERSHBERGER RD NW ROANOKE VA 24012 923880171 ASSISTED LIVING FACILITY VA FRIENDSHIP FOUNDATION FRIENDSHIP HEALTH AND REHAB CENTER INC 367 HERSHBERGER RD NW ROANOKE VA 24012 237126857 LONG TERM NURSING CARE VA 501(C)(3) LINE 11 FRIENDSHIP FOUNDATION 1 FRIENDSHIP APARTMENT VILLAGE CORP 367 HERSHBERGER RD NW ROANOKE VA 24012 540842686 INDEPENDENT LIVING HOUSING VA 501(C)(3) LINE 11 FRIENDSHIP FOUNDATION 1 EASTWOOD ASSISTED LIVING INC 367 HERSHBERGER RD NW ROANOKE VA 24012 540738784 ASSISTED LIVING FACILITY VA 501(C)(3) LINE 11 FRIENDSHIP FOUNDATION 1 FRIENDSHIP OUTPATIENT & WELLNESS SERVICES INC 367 HERSHBERGER RD NW ROANOKE VA 24012 260152373 OUTPATIENT THERAPY SERVICES VA 501(C)(3) LINE 11 FRIENDSHIP FOUNDATION 1 FRIENDSHIP HEALTH AND REHAB CENTER SOUTH 367 HERSHBERGER RD NW ROANOKE VA 24012 454983293 REHAB AND NURSING FACILITY VA 501(C)(3) LINE 11 FRIENDSHIP FOUNDATION 1 FRIENDSHIP PROPERTIES INC 367 HERSHBERGER RD NW ROANOKE VA 24012 541262492 LEASING COMPANY VA N/A C 0 PROFESSIONAL HEALTH CARE SERVICES INC 367 HERSHBERGER RD NW ROANOKE VA 24012 541421581 HOME CARE SERVICES VA N/A C 0 FRIENDSHIP PHARMACY INC 367 HERSHBERGER RD NW ROANOKE VA 24012 541461437 PHARMACY SERVICES VA N/A C 0 VALLEY MANAGEMENT COMPANY INC 367 HERSHBERGER RD NW ROANOKE VA 24012 541461444 MANAGEMENT VA FRIENDSHIP FOUNDATION C 1.00000 0 LTC SERVICES INC 367 HERSHBERGER RD NW ROANOKE VA 24012 541461441 MAINTENANCE VA N/A C 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 FRIENDSHIP HEALTH AND REHAB CENTER INC F 1428199 CASH FRIENDSHIP APARTMENT VILLAGE CORP E 193976 CASH VALLEY MANAGEMENT COMPANY J 109140 CASH LTC SERVICES INC L 55504 CASH VALLEY MANAGEMENT COMPANY K 416426 CASH