Mission
SUPPORT FRIENDS OF FAITH RETIREMENT HOMES, INC.
Public Charity
THE FRIENDSHIP VILLAGE CHARITABLE TRUST
Based in WATERLOO, IA, THE FRIENDSHIP VILLAGE CHARITABLE TRUST operates as a Public Charity. The organization reported $3.8M in revenue, $4.2M in expenses, $7.3M in total assets for fiscal year 2026. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $17.3M.
EIN: 421527755
WATERLOO, IA
Senior Citizens Housing & Retirement Communities
NTEE: L22
Latest filing: 2026
Total Revenue$3.8M
Total Expenses$4.2M
Total Assets$7.3M
Grant Records8
Funding Total$17.3M
Filing Years2022–2026
Where $100 goes at The Friendship Village Charitable Trust
How The Friendship Village Charitable Trust divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$99
Programs
the work itself
$1
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 $99 for programs
$99
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
Source: Form 990 filings with the IRS, latest fiscal year 2026. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
CHARITABLE SUPPORT
$3,469,342
CHARITABLE SUPPORT
$2,843,966
CHARITABLE SUPPORT
$2,286,452
CHARITABLE SUPPORT
$3,397,032
CHARITABLE SUPPORT
$633,023
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
PAST CHAIRMA
Brad Morris
VICE CHAIR
Craig Anderson
TREASURER
Jay Nardini
BOARD MEMBER
Jim Grady
CHAIRMAN
Pastor Chris Rygh
TRUSTEE
Pastor Tom Hlad
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2026 | $3.8M | $4.2M | $7.3M |
| 2025 | $4.1M | $6.1M | $7.6M |
| 2024 | $4.2M | $4.9M | $10.5M |
| 2023 | $4.7M | $9.9M | $12.1M |
| 2022 | $8.3M | $10.2M | $19.7M |
Between 2022 and 2026, reported annual revenue declined from $8.3M to $3.8M (-54%), with total assets most recently reported at $7.3M.
Interactive year-over-year charts and full filing details available with membership.