Public Charity

FRIENDS RETIREMENT CONCEPTS INC

FRIENDS RETIREMENT CONCEPTS INC is a nonprofit organization categorized as Public Charity based in EAST BRUNSWICK, NJ. Its most recent IRS filing (2018) reports revenue of $77.4M, expenses of $13.7M, total assets of $1.9M.

EIN: 232377560 EAST BRUNSWICK, NJ Latest filing: 2018
Total Revenue$77.4M
Total Expenses$13.7M
Total Assets$1.9M
Grant Records0
Filing Years2017–2018

Mission

THE MISSION OF ARBOR GLEN, SPONSORED BY FRIENDS RETIREMENT CONCEPTS, INC., WAS TO ENHANCE THE DIGNITY AND WORTH OF OUR INDIVIDUAL MEMBERS BY PROVIDING QUALITY LIFE CHOICES FOR SENIORS IN A CONTINUUM OF CARE SERVICES ON A FISCALLY SECURE BASIS AND PROVIDING SOCIALLY ACCOUNTABLE SERVICES TO OUR LARGER COMMUNITY.

Where $100 goes at Friends Retirement Concepts Inc

How Friends Retirement Concepts Inc divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.

$80 Programs the work itself
$20 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $80 for programs

$80
The corporation is incorporated under the nonprofit corporation law of 1972 of the commonwealth of pennsylvania, as amended, for the purposes of conducting exclusively charitable, scientific, or educational…
All program spending · Reported in the filing: 183 units; 19 units; 33 units
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Source: Form 990 filings with the IRS, latest fiscal year 2018. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Barbara Andrews
DIRECTOR Barbara Menzel
DIRECTOR Charlotte Mcafee
TREASURER Chester Brewer
PRESIDENT & CEO Felix Rosenwasser
DIRECTOR Howard Freund

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2018 $77.4M $13.7M $1.9M
2017 $19.8M $22.5M $49.0M

Between 2017 and 2018, reported annual revenue grew from $19.8M to $77.4M (+290%), with total assets most recently reported at $1.9M.

Interactive year-over-year charts and full filing details available with membership.

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