Nonprofit · EIN 42-1527755
FRIENDSHIP VILLAGE CHARITABLE TR
Also known as SHIREY NANCY TTEE
Tax-exempt · WATERLOO, IA 50702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990 | $3,847,131 | $4,218,843 | -$371,712 | $7,251,361 | $0 | $7,251,361 |
| March 31, 2025 | 990 | $4,090,613 | $6,052,091 | -$1,961,478 | $7,648,262 | $0 | $7,648,262 |
| March 31, 2024 | 990 | $4,204,149 | $4,863,809 | -$659,660 | $10,454,419 | $0 | $10,454,419 |
Financial details: 990 for the year ended March 31, 2026
Revenue
- Contributions, gifts and grants
- $3,469,342
- Program service revenue
- $0
- Investment income
- $377,789
- Net gain from sales of assets
- $308,563
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,208,929
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $4,208,929
- Management and general (functional)
- $9,914
Balance sheet and other
- Total assets, start of year
- $7,648,262
- Total assets, end of year
- $7,251,361
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,251,361
- Publicly traded securities
- $2,117,846
- Net assets without donor restrictions
- $7,251,361
- Gross receipts
- $5,087,128
- Employees
- 0
- Year formed
- 2002
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended March 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHERRY TURNER | PRESIDENT/CE Key employee | 40 | $250,006 | $32,860 |
| CRAIG ANDERSON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RICK BAUER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVE GILLEN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JIM GRADY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PASTOR TOM HLAD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT SMITH JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RONALD KIEWIET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRAD MORRIS | PAST CHAIRMA Trustee or director, Officer | 1 | $0 | $0 |
| JAY NARDINI | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PASTOR CHRIS RYGH | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| PAUL SMITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VERA WALLICAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended March 31, 2025: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA GATES | PAST PRESIDE Former | 50 | $338,349 | $20,414 |
| SHERRY TURNER | PRESIDENT/CE Key employee | 40 | $238,566 | $27,777 |
| CRAIG ANDERSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| RICK BAUER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVE GILLEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JIM GRADY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PASTOR TOM HLAD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT SMITH JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RONALD KIEWIET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PASTOR QUOVADIS MARSHALL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRAD MORRIS | PAST CHAIRMA Trustee or director, Officer | 1 | $0 | $0 |
| JAY NARDINI | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PASTOR CHRIS RYGH | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MARK TINK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VERA WALLICAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended March 31, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA GATES | PRESIDENT/CE Key employee | 50 | $297,289 | $24,838 |
| GEORGE FARBER | TRUSTEE Trustee or director | 1 | $4,800 | $0 |
| CRAIG ANDERSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RICK BAUER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVE GILGEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JIM GRADY | PAST CHAIRMA Trustee or director, Officer | 1 | $0 | $0 |
| PASTOR TOM HLAD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT SMITH JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RONALD KIEWIET | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PASTOR QUOVADIS MARSHALL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRAD MORRIS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JAY NARDINI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PASTOR CHRIS RYGH | VICE CHAIRMA Trustee or director, Officer | 1 | $0 | $0 |
| MARK TINK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PASTOR JESSE TINK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| VERA WALLICAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 600 PARK LANE, WATERLOO, IA 50702-5200
- Principal officer (990 for 2025)
- SHERRY TURNER, 600 PARK LANE, WATERLOO, IA 50702
- Signed the 990
- SHERRY TURNER, PRESIDENT/CEO
- Phone
- (319) 291-8100
- Return prepared by
- RUZICKA & ASSOCIATES PLLC
Mission
SUPPORT FRIENDS OF FAITH RETIREMENT HOMES, INC.
Program accomplishments
- THE ASSETS AND INCOME OF THE TRUST SHALL BE USED AT THE DISCRETION OF THE TRUSTEES, EXCLUSIVELY FOR THE BENEFIT OF FRIENDS OF FAITH RETIREMENT HOMES, INC. (FOF) AND ITS AFFILIATED ORGANIZATIONS, BUT ONLY FOR SO LONG AS FOF CONTINUES TO BE A NONPROFIT CORPORATION. THE USE OF INCOME AND ASSETS OF THE TRUST ARE RESTRICTED IN ORDER THAT THE CLIENTS OF FOF 62 AND OVER CAN BE ASSURED AND COMFORTED THAT THEIR HOUSING AND MEDICAL NEEDS WILL BE PROPERLY PROVIDED FOR AND THAT THE CHARITABLE INTENT OF FOF WILL BE FULFILLED.Expenses $4,208,929 · grants $4,208,929
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990 on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1527755
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2003
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $7,251,361
- Income (IRS master file)
- $5,087,128
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2026 | $3,847,131 | $4,218,843 | $7,251,361 | XML |
| 990 | March 2025 | $4,090,613 | $6,052,091 | $7,648,262 | XML |
| 990 | March 2024 | $4,204,149 | $4,863,809 | $10,454,419 | XML |
| 990 | March 2023 | $4,671,933 | $9,932,631 | $12,065,067 | IRS |
| 990 | March 2022 | $8,311,790 | $10,223,481 | $19,713,724 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990 | March 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1527755).
Questions about FRIENDSHIP VILLAGE CHARITABLE TR
- What is the EIN of FRIENDSHIP VILLAGE CHARITABLE TR?
- The employer identification number (EIN) of FRIENDSHIP VILLAGE CHARITABLE TR is 42-1527755.
- Is FRIENDSHIP VILLAGE CHARITABLE TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to FRIENDSHIP VILLAGE CHARITABLE TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FRIENDSHIP VILLAGE CHARITABLE TR file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FRIENDSHIP VILLAGE CHARITABLE TR due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRIENDSHIP VILLAGE CHARITABLE TR last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2026.
- Who is the principal officer of FRIENDSHIP VILLAGE CHARITABLE TR?
- The 990 for the year ended March 31, 2026 names SHERRY TURNER.
- Who are the officers and directors of FRIENDSHIP VILLAGE CHARITABLE TR?
- The 990 for the year ended March 31, 2026 lists 13 people; 1 received compensation from the organization, the highest $250,006 (SHERRY TURNER, PRESIDENT/CE).
- How much revenue does FRIENDSHIP VILLAGE CHARITABLE TR have?
- On its 990 for the year ended March 31, 2026 it reported revenue of $3,847,131, expenses of $4,218,843 and total assets of $7,251,361 at year end.
Other nonprofits in WATERLOO
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- HABITAT FOR HUMANITY INTERNATIONAL INC EIN 42-1350378 · last filed 990 for 2025
- AMERICANS FOR INDEPENDENT LIVING EIN 47-4503717 · last filed 990 for 2024
- IOWA TAHF EIN 42-1127991 · last filed 990 for 2023
- WATERLOO HOUSING TRUST FUND EIN 46-1021281 · last filed 990 for 2024
- CEDAR FALLS HOUSING TRUST FUND EIN 99-2695071 · last filed 990-N for 2025
- HOSPITALITY HOUSE OF THE CEDAR VALLEY EIN 81-5070898 · last filed 990-N for 2025
- VERIDIAN CREDIT UNION EIN 42-1132695 · last filed 990 for 2024