Public Charity

FRIENDSHIP HOUSE III INC

FRIENDSHIP HOUSE III INC is a nonprofit organization categorized as Public Charity based in LONG BEACH, CA. Its most recent IRS filing (2025) reports revenue of $4.3M, expenses of $2.8M, total assets of $12.6M.

EIN: 310956562 LONG BEACH, CA Senior Citizens Housing & Retirement Communities NTEE: L22 Latest filing: 2025
Total Revenue$4.3M
Total Expenses$2.8M
Total Assets$12.6M
Grant Records0
Filing Years2021–2025

Mission

FRIENDSHIP HOUSE III, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 167 UNIT COMMUNITY KNOWN AS CROOKED CREEK TOWER, LOCATED IN INDIANAPOLIS, INDIANA, AND A 140 UNIT COMMUNITY KNOWN AS SOUTHDALE TOWER, LOCATED IN ANDERSON, INDIANA, BOTH OF WHICH PROVIDE HOUSING FOR LOW INCOME ELDERLY PERSONS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. PRIOR TO APRIL 12, 2012, EACH PROJECT HAD ITS OWN MORTGAGE NOTE. ON APRIL 12, 2012, THE INDIVIDUAL MORTGAGES OF THE PROPERTIES WERE REFINANCED INTO ONE COMBINED MORTGAGE UNDER SECTION 207 PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT.

Where $100 goes at Friendship House III Inc

How Friendship House III Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$90 Programs the work itself
$10 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 $90 for programs

$90
Friendship House III, inc
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EXECUTIVE VP GEN COUNSEL Amberg Robert R
VP HUMAN RESOURCES Battaglia Nada
TREASURER Bunn Andrew
CONTROLLER Chung Dean H
VP RISK MANAGEMENT Clow John C
VICE PRESIDENT Desaegher Norma N

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $4.3M $2.8M $12.6M
2024 $3.3M $2.7M $9.9M
2023 $3.1M $2.4M $9.5M
2022 $3.0M $3.0M $8.9M
2021 $3.0M $2.9M $9.4M

Between 2021 and 2025, reported annual revenue grew from $3.0M to $4.3M (+40%), with total assets most recently reported at $12.6M.

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

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