2026-08-18T10:55:15-04:00 2026-03-31 393558460 RUZICKA & ASSOCIATES PLLC 218 MAIN ST LA PORTE CITY IA 50651 990 2025-04-01 510245745 FRIENDS OF FAITH RET HOMES INC FRIE 3192918100 600 PARK LANE WATERLOO IA 507025200 SHERRY TURNER PRESIDENT/CEO 3192918100 2026-07-31 JANEL RUZICKA P01286341 3193422312 2026-08-07 X 2025 2025-03-06 01:10:19Z SHERRY TURNER 600 PARK LANE WATERLOO IA 50702 26674598 false X WWW.FRIENDSHIPVILLAGEIOWA.COM X 1966 IA LIFECARE FOR ADULTS 62 AND OVER. 12 12 543 1 0 6177212 4438082 20478370 21738991 8332 136639 -43342 -11911 26620572 26301801 2843966 3469342 0 13104789 13824418 0 158109 13172530 13761740 29121285 31055500 -2500713 -4753699 102796633 99657300 105804530 108538628 -3007897 -8881328 LIFECARE FOR ADULTS 62 AND OVER. false false 26454294 3469342 25747715 TO PROMOTE THE DIGNITY OF ADULTS 62 AND OVER BY PROVIDING A CONTINUUM OF CARE INCLUDING INDEPENDENT LIVING, ASSISTED LIVING AND SKILLED NURSING CARE LIVING ACCOMMODATIONS AND SERVICES WHEREBY THESE ADULTS MAY BE ASSISTED IN MAXIMIZING THEIR PHYSICAL AND SPIRITUAL WELL-BEING WHILE MAINTAINING THEIR FINANCIAL INDEPENDENCE IN A CONGENIAL ENVIRONMENT WITH A CHRISTIAN MINISTRY. 803113 609901 TO PROVIDE SAFE AND SECURE CHILD CARE AT A REASONABLE COST 24 HOURS A DAY, 7 DAYS A WEEK. 27257407 true true false false false false false false false false true false false false true true false true false false false false false false false false false true false true true false false false false false false false false false false false false false false true true true true false false true 49 0 true 543 true false false false false false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false X X SHERRY TURNER 3192918100 600 PARK LANE WATERLOO IA 50702 X SHERRY TURNER PRESIDENT/CE 40.00 X 250006 0 32860 CRAIG ANDERSON VICE CHAIR 1.00 X X 0 0 0 RICK BAUER BOARD MEMBER 1.00 X 0 0 0 STEVE GILLEN SECRETARY 1.00 X X 0 0 0 JIM GRADY BOARD MEMBER 1.00 X 0 0 0 PASTOR TOM HLAD BOARD MEMBER 1.00 X 0 0 0 ROBERT SMITH JR BOARD MEMBER 1.00 X 0 0 0 RONALD KIEWIET BOARD MEMBER 1.00 X 0 0 0 BRAD MORRIS PAST CHAIRMA 1.00 X X 0 0 0 JAY NARDINI TREASURER 1.00 X X 0 0 0 PASTOR CHRIS RYGH CHAIRMAN 1.00 X X 0 0 0 PAUL SMITH BOARD MEMBER 1.00 X 0 0 0 VERA WALLICAN BOARD MEMBER 1.00 X 0 0 0 250006 32860 1 false true false 4208929 229153 4438082 APARTMENT SERVICE INCOME 623000 11001912 11001912 NURSING CARE INCOME 623000 5590566 5590566 RESIDENT ENDOWMENT INCOME 623000 3528635 3528635 MEALS 623000 714478 714478 CHILD CARE INCOME 623000 609901 609901 293499 293499 21738991 118458 118458 39500 55814 -16314 -16314 -16314 335164 316983 18181 18181 18181 MISC REV 4403 4403 4403 26301801 21745261 118458 3469342 3469342 282866 240436 42430 10792875 10142775 537945 112155 304603 283741 17309 3553 1639664 1519899 95214 24551 804410 754147 42033 8230 38360 13783 24577 43018 13908 29110 194689 194127 88 474 151413 1440 149973 7543 7543 1971189 1964444 6745 53957 53957 24521 18907 5614 2064150 2064150 4056850 3998389 58461 1000074 954770 36158 9146 FOOD 1079441 854874 224567 REPAIRS & MAINENANCE 780641 768825 11816 OTHER EXPENSES 710594 525895 184699 LOSS INTEREST RATE SWAP 582793 582793 1002507 900955 101552 31055500 27257407 3639984 158109 4598073 4496597 995590 1367642 86821 86821 887900 593990 142356554 51548807 93316610 90807747 363115 338772 2548524 1965731 102796633 99657300 3682506 3718290 20005079 22309302 51147920 51511037 30969025 30999999 105804530 108538628 X -3007897 -8881328 -3007897 -8881328 102796633 99657300 -4753699 -1119732 X false true X true false X 10253072 10358206 4904060 6177212 4438082 36130632 17031545 20044383 20813702 20510022 21782894 100182546 27284617 30402589 25717762 26687234 26220976 136313178 136313178 6299 9881 8806 8332 118458 151776 6299 9881 8806 8332 118458 151776 27290916 30412470 25726568 26695566 26339434 136464954 0.99890 0.99930 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1134974 1134974 132058476 132058476 3621401 3621401 5541703 51548807 -46007104 90807747 DEPOSITS - LIFE ESTATES 27849999 DUE TO FVCT 3150000 30999999 X SCHEDULE D, PAGE 3, PART X THE ORGANIZATION ADOPTED ACCOUNTING STANDARDS WHICH REQUIRE EVALUATION OF THE IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IN SOME INSTANCES, THE ORGANIZATION MAY BE REQUIRED TO RECOGNIZE A LIABILITY RELATED TO THOSE TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE MARCH 31, 2023. true THE FRIENDSHIP VILLAGE CHARITABLE 600 PARK LANE WATERLOO IA 50702 421527755 501C3 3469342 CHARITABLE SUPPORT 1 SCHEDULE I, PAGE 1, PART I, LINE 2 GRANTS TO RELATED ORGANIZATIONS ARE MONITORED BY A COMMON ACCOUNTING DEPARTMENT FOR BOTH ORGANIZATIONS. false false false false false false false false false SHERRY TURNER PRESIDENT/CEO 250006 32860 282866 A IOWA FINANCE AUTHORITY 521699886 2019-11-30 53000000 THE PROCEEDS OF THE ISSUANCE WILL BE UTILIZED TO FUND THE VILLAGE TERRACE PROJECT (THE PROJECT). THE false false false A 51511037 338772 51511037 false false false true A false false false false true false false A false false false false true true ZIEGLER PRODUCT ZIEGLER STRUCTURED PRODUCTS 20.100000000000 false false false false true A true PURPOSE OF ISSUE DESCRIPTION IOWA FINANCE AUTHORITY THE PROCEEDS OF THE ISSUANCE WILL BE UTILIZED TO FUND THE VILLAGE TERRACE PROJECT (THE PROJECT). THE PROJECT CONSISTS OF 1) FINANCING THE ACQUISITION, CONSTRUCTION, RENOVATION, AND EQUIPPING OF A NEW CONTINUING CARE RETIREMENT COMMUNITY COMPRISED OF INDEPENDENT LIVING APARTMENTS, ASSISTED LIVING SUITES, MEMORY SUPPORT ASSISTED LIVING SUITES, AND SKILLED NURSING BEDS AND 2) PAYING CERTAIN COSTS OF ISSUING THE BONDS. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF FORM 990 WILL BE PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS TO REVIEW AND OFFER UP ANY QUESTIONS OR CONCERNS ABOUT THE INFORMATION CONTAINED IN THE FORM. FORM 990, PAGE 6, PART VI, LINE 12C AT THE ANNUAL MEETING, EVERY MEMBER OF THE BOARD IS REQUIRED TO SIGN A DOCUMENT STATING THEIR CONFLICTS OF INTEREST WITH THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT/CEO'S SALARY IS SET BY THE BOARD OF DIRECTORS WHO REVIEWS COMPARABLE FACILITIES' 990'S FOR SALARY AMOUNTS. FORM 990, PAGE 6, PART VI, LINE 15B THE PRESIDENT/CEO'S SALARY IS SET BY THE BOARD OF DIRECTORS WHO REVIEWS COMPARABLE FACILITIES' 990'S FOR SALARY AMOUNTS. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND ARE ALSO AVAILABLE ON THE GUIDESTAR WEBSITE. 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