Mission
LIFECARE FOR ADULTS 62 AND OVER.
Public Charity
FRIENDS OF FAITH RET HOMES INC
FRIENDS OF FAITH RET HOMES INC is a nonprofit organization categorized as Public Charity based in WATERLOO, IA. Its most recent IRS filing (2026) reports revenue of $26.3M, expenses of $31.1M, total assets of $99.7M. Imperigo tracks 19 reported grant relationships connected to this organization totaling approximately $48.3M.
EIN: 510245745
WATERLOO, IA
Senior Citizens Housing & Retirement Communities
NTEE: L22
Latest filing: 2026
Total Revenue$26.3M
Total Expenses$31.1M
Total Assets$99.7M
Grant Records19
Funding Total$48.3M
Filing Years2021–2026
Where $100 goes at Friends of Faith Ret Homes Inc
How Friends of Faith Ret Homes Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$86
Programs
the work itself
$14
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 $86 for programs
$83
To promote the dignity of adults 62 and over by providing a continuum of care including independent living, assisted living and skilled nursing care living accommodations and services…
$3
To provide safe and secure child care at a reasonable cost 24 hours a day, 7 days a week
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
$4,208,929
CHARITABLE SUPPORT
$6,033,259
CHARITABLE SUPPORT
$348,706
HUMAN SERVICES
$10,000
CHARITABLE SUPPORT
$4,816,699
Showing up to 5 of 19 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
BOARD MEMBER
Pastor Tom Hlad
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2026 | $26.3M | $31.1M | $99.7M |
| 2025 | $26.6M | $29.1M | $102.8M |
| 2024 | $26.2M | $28.5M | $105.8M |
| 2023 | $30.3M | $29.9M | $107.0M |
| 2021 | $24.8M | $18.5M | $88.2M |
Between 2021 and 2026, reported annual revenue grew from $24.8M to $26.3M (+6%), with total assets most recently reported at $99.7M.
Interactive year-over-year charts and full filing details available with membership.