Nonprofit · EIN 54-0842686
FRIENDSHIP APARTMENT VILLAGE CORPORATION
Tax-exempt · ROANOKE, VA 24012
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,404,955 | $5,747,637 | $657,318 | $30,247,825 | $16,341,956 | $13,905,869 |
| June 30, 2024 | 990 | $7,627,646 | $5,458,886 | $2,168,760 | $31,175,879 | $16,843,231 | $14,332,648 |
| June 30, 2023 | 990 | $6,024,781 | $5,132,268 | $892,513 | $29,799,547 | $17,088,815 | $12,710,732 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $100
- Program service revenue
- $5,699,607
- Investment income
- $636,356
- Net rental income
- $68,892
- Net gain from sales of assets
- $194,960
- Other revenue
- $68,892
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $756,524
- Salaries, compensation and benefits (total)
- $882,537
- Professional fundraising fees
- $0
- Legal fees
- $5,198
- Occupancy
- $1,506,779
- Travel
- $12,107
- Depreciation
- $1,470,489
- Program services (functional)
- $4,595,302
- Management and general (functional)
- $1,152,335
Balance sheet and other
- Total assets, start of year
- $31,175,879
- Total assets, end of year
- $30,247,825
- Total liabilities, end of year
- $16,341,956
- Net assets, end of year
- $13,905,869
- Land, buildings and equipment
- $16,023,506
- Publicly traded securities
- $9,519,126
- Net assets without donor restrictions
- $13,905,869
- Gross unrelated business income
- $68,892
- Gross receipts
- $6,445,215
- Employees
- 32
- Volunteers
- 8
- Year formed
- 1972
- State of legal domicile
- VA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSEPH M HOFF | PRESIDENT & CEO Officer | 2 | $0 | $573,930 | $20,705 |
| C MICHAEL SHANNON | CFO Officer | 2 | $0 | $428,120 | $14,050 |
| BENJAMIN HIGGINS | VICE PRESIDENT OF OPERATIONS - RICHFIELD Key employee | 2 | $0 | $252,964 | $11,741 |
| YOLANDA DAVIS-MERCHANT | NURSE MANAGER LPN Highest-paid employee | 2 | $0 | $238,843 | $14,180 |
| ANGELA HUGHES | VP HUMAN RESOURCES & COMPL Highest-paid employee | 2 | $0 | $238,505 | $11,185 |
| BRANDON EVANS | VICE PRESIDENT OF OPERATIONS Key employee | 0 | $0 | $225,591 | $13,065 |
| MAZEN MADHOUN | PHYSICIAN Highest-paid employee | 40 | $0 | $201,520 | $2,551 |
| MARY RODGER | DIRECTOR OF ACCOUNTING Highest-paid employee | 2 | $0 | $178,749 | $16,386 |
| ROBERT MCGEE | EXECUTIVE DIRECTOR OF FACILITIES & MAINTENANCE Highest-paid employee | 2 | $0 | $166,606 | $5,506 |
| CINDY MITCHELL | BOARD SECRETARY Officer | 2 | $0 | $79,721 | $1,417 |
| ROBERT C LAWSON | CHAIRMAN Trustee or director, Officer | 1 | $0 | $63,000 | $0 |
| KATHRYN K OELSCHLAGER | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $51,500 | $0 |
| ROBERT H SANDEL | DIRECTOR Trustee or director | 1 | $0 | $46,600 | $0 |
| GLEN C COMBS | DIRECTOR Trustee or director | 1 | $0 | $46,100 | $0 |
| LUCIAN Y GROVE JR | DIRECTOR Trustee or director | 1 | $0 | $46,100 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| CYNDA JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $46,100 |
| GREGORY W FELDMANN | DIRECTOR Trustee or director | 1 | $0 | $40,000 |
| NATHANIEL BISHOP | DIRECTOR Trustee or director | 1 | $0 | $39,500 |
| EDWIN R FEINOUR | DIRECTOR Trustee or director | 1 | $0 | $38,500 |
| PAUL NESTER | DIRECTOR Trustee or director | 1 | $0 | $19,000 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSEPH M HOFF | PRESIDENT & CEO Officer | 2 | $0 | $635,963 | $20,335 |
| C MICHAEL SHANNON | CFO Officer | 2 | $0 | $461,941 | $13,846 |
| ANGELA HUGHES | VP HUMAN RESOURCES & COMPL Key employee | 2 | $0 | $213,703 | $10,643 |
| MARY RODGER | DIRECTOR OF ACCOUNTING Highest-paid employee | 2 | $0 | $181,023 | $16,253 |
| TODD LOWE | DIRECTOR OF IT Highest-paid employee | 2 | $0 | $146,989 | $14,966 |
| STEPHANIE DUNCAN | DIRECTOR OF REVENUE CYCLE Highest-paid employee | 2 | $0 | $148,437 | $10,965 |
| ASHLEY JEWELL | DIRECTOR OF HUMAN RESOURCE Highest-paid employee | 2 | $0 | $126,301 | $8,617 |
| CINDY MITCHELL | BOARD SECRETARY Officer | 2 | $0 | $73,278 | $1,335 |
| ROBERT C LAWSON | CHAIRMAN Trustee or director, Officer | 1 | $0 | $64,000 | $0 |
| KATHRYN K OELSCHLAGER | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $52,500 | $0 |
| GLEN C COMBS | DIRECTOR Trustee or director | 1 | $0 | $47,100 | $0 |
| LUCIAN Y GROVE JR | DIRECTOR Trustee or director | 1 | $0 | $47,100 | $0 |
| CYNDA A JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $47,100 | $0 |
| ROBERT H SANDEL | DIRECTOR Trustee or director | 1 | $0 | $47,100 | $0 |
| EDWIN R FEINOUR | DIRECTOR Trustee or director | 1 | $0 | $40,000 | $0 |
| NATHANIEL BISHOP | DIRECTOR Trustee or director | 1 | $0 | $40,000 | $0 |
| JOHN B WILLIAMSON III | DIRECTOR Trustee or director | 1 | $0 | $20,500 | $0 |
| GREGORY W FELDMANN | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSEPH M HOFF | PRESIDENT & CEO Officer | 3 | $0 | $509,775 | $18,335 |
| C MICHAEL SHANNON | CFO Officer | 3 | $0 | $389,942 | $14,076 |
| ANGELA HUGHES | VP HUMAN RESOURCES & COMPL Key employee | 3 | $0 | $192,350 | $10,430 |
| MARY RODGER | DIRECTOR OF ACCOUNTING Highest-paid employee | 3 | $0 | $174,648 | $16,075 |
| TODD LOWE | DIRECTOR OF IT Highest-paid employee | 3 | $0 | $128,765 | $15,105 |
| STEPHANIE DUNCAN | DIRECTOR OF REVENUE CYCLE Highest-paid employee | 3 | $0 | $131,760 | $10,750 |
| ASHLEY JEWELL | DIRECTOR OF HUMAN RESOURCE Highest-paid employee | 3 | $0 | $112,257 | $8,546 |
| CINDY MITCHELL | BOARD SECRETARY Officer | 3 | $0 | $71,431 | $1,286 |
| ROBERT C LAWSON | CHAIRMAN Trustee or director, Officer | 1 | $0 | $56,250 | $0 |
| GLEN C COMBS | DIRECTOR Trustee or director | 1 | $0 | $53,550 | $0 |
| ROBERT H SANDEL | DIRECTOR Trustee or director | 1 | $0 | $51,937 | $0 |
| KATHRYN K OELSCHLAGER | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $47,800 | $0 |
| EDWIN R FEINOUR | DIRECTOR Trustee or director | 1 | $0 | $45,600 | $0 |
| LUCIAN Y GROVE JR | DIRECTOR Trustee or director | 1 | $0 | $45,100 | $0 |
| CYNDA A JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $45,100 | $0 |
| NATHANIEL BISHOP | DIRECTOR Trustee or director | 1 | $0 | $43,320 | $0 |
| JOHN B WILLIAMSON III | DIRECTOR Trustee or director | 1 | $0 | $20,775 | $0 |
Address and contacts
- Address (IRS master file)
- 367 HERSHBERGER RD, ROANOKE, VA 24012-1983
- Principal officer (990 for 2024)
- C MICHAEL SHANNON, 367 HERSHBERGER RD NW, ROANOKE, VA 24012
- Signed the 990
- C MICHAEL SHANNON, CFO
- Phone
- (540) 265-2177
- Website
- WWW.FRIENDSHIP.US
- Return prepared by
- BROWN EDWARDS & COMPANY LLP
Mission
SUPPORTING FRIENDS BY PROVIDING PEACE OF MIND
Program accomplishments
- LIFE LEASE AND RENTAL APARTMENTS FOR THE ELDERLY, THE CORPORATION OWNS AND OPERATES 309 UNITS, WITH A 95.36% OCCUPANCY RATE FOR THE FISCAL YEAR. ONE OF THE ADVANTAGES OF LIVING IN OUR RETIREMENT COMMUNITY IS THE OPPORTUNITY TO MOVE TO ONE OF OUR OTHER FACILITIES IF THE RESIDENT NEEDS A HIGHER LEVEL OF CARE SUCH AS ASSISTED LIVING OR A SKILLED NURSING FACILITY WITHOUT LEAVING THE COMMUNITY WHERE THEY HAVE DEVELOPED FRIENDSHIPS AND TIES. IN ADDITION, WE PROVIDE COUNSELING AND ASSISTANCE FOR THOSE WHO SUFFER FINANCIAL HARDSHIPS, AND WORK WITH THEM TO IDENTIFY SOLUTIONS IN AN ATTEMPT TO ALLOW THEM TO REMAIN IN THIER APARTMENTS.THE CORPORATION FURNISHES AN APARTMENT TO FRIENDSHIP HEALTH AND REHAB CENTER, INC, AND AN APARTMENT TO FRIENDSHIP HEALTH AND REHAB SOUTH, INC, RELATED NPOS, FOR NURSES WHO WORK SPECIAL SHIFTS, SUCH AS 8 HOURS AT WORK AND 8 HOURS OFF. THIS GIVES THE NURSES AN OPPORTUNITY TO GET ADEQUATE REST. IT ALSO HELPS MAINTAIN STAFF ON CAMPUS DURING EMERGENCY SITUATIONS. EVENTS ARE PLANNED EACH MONTH FOR TRIPS IN THE AREA AND OCCASIONALLY OR OF THE AREA. THERE IS ALSO A CONTRACT REGISTERED NURSE FROM PROFESSIONAL HEALTH CARE SERVICES, INC., A RELATED CORPORATION, WHO VISITS RESIDENTS AND ADMINISTERS BLOOD PRESSURE CHECKS, B-12 SHOTS AND OTHER SIMILAR NEEDS.THE CORPORATION DISTRIBUTES A MONTHLY NEWSLETTER CALLED "THE FRIENDLY CIRCLE" TO THE RESIDENTS. IT IS FREE, HAS NO PAID ADVERTISING IN IT, AND CONTAINS ARTICLES AND A CALENDAR OF COMING EVENTS USEFUL TO THE RESIDENTS. THERE ARE ARTICLES BY THE DIRECTOR OF RESIDENTIAL SERVICES, PHARMACISTS, DOCTORS AND OTHER SUBJECTS THAT WOULD BE OF INTEREST TO THE RESIDENTS. THE LETTER ALSO CONTAINS A CALENDAR WITH THE MENU SPECIALS AND THE BISTRO.Expenses $4,595,302 · revenue $5,699,607
- RECREATION/CULTURAL CENTER. THE CENTER HAS A BILLIARDS ROOM, MEETING ROOMS, BANQUET FACILITIES, POOL, EXERCISE ROOMS, GAME ROOM, CRAFT ROOM AND CHAPEL.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-0842686
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1979
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22Z)
- Assets (IRS master file)
- $30,247,825
- Income (IRS master file)
- $6,445,215
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,404,955 | $5,747,637 | $30,247,825 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $7,627,646 | $5,458,886 | $31,175,879 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $6,024,781 | $5,132,268 | $29,799,547 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $5,384,949 | $4,931,738 | $30,104,097 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 54-0842686).
Questions about FRIENDSHIP APARTMENT VILLAGE CORPORATION
- What is the EIN of FRIENDSHIP APARTMENT VILLAGE CORPORATION?
- The employer identification number (EIN) of FRIENDSHIP APARTMENT VILLAGE CORPORATION is 54-0842686.
- Is FRIENDSHIP APARTMENT VILLAGE CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to FRIENDSHIP APARTMENT VILLAGE CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRIENDSHIP APARTMENT VILLAGE CORPORATION 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 APARTMENT VILLAGE CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRIENDSHIP APARTMENT VILLAGE CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FRIENDSHIP APARTMENT VILLAGE CORPORATION?
- The 990 for the year ended June 30, 2025 names C MICHAEL SHANNON.
- Who are the officers and directors of FRIENDSHIP APARTMENT VILLAGE CORPORATION?
- The 990 for the year ended June 30, 2025 lists 20 people; 0 received compensation from the organization.
- How much revenue does FRIENDSHIP APARTMENT VILLAGE CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,404,955, expenses of $5,747,637 and total assets of $30,247,825 at year end.
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