2024-08-28T13:59:10-04:00 2023-09-30 550719480 CUNNINGHAM POWELL ALEXANDER AC 1544 MILEGROUND RD MORGANTOWN WV 26505 990 2022-10-01 556023566 FRIENDSHIP HOMES INC FRIE 3045990140 501 VAN VOORHIS RD MORGANTOWN WV 26505 JACQUES WILLIAMS PRESIDENT 3045990140 2024-08-28 true true JAMES F ALEXANDER P00439157 3042929469 2024-08-28 2022 2024-08-08 14:25:15Z JACQUES WILLIAMS 188413 false X N/A X 1958 WV FRIENDSHIP HOMES OPERATES A 49 UNIT NON-PROFIT INDEPENDENT LIVING APARTMENT COMPLEX FOR THE ELDERLY OR HANDICAPPED INDIVIDUALS OF MODERATE MEANS. 12 12 2 0 70000 0 234245 185237 414 3176 0 304659 188413 0 0 89131 70214 0 0 196801 220885 285932 291099 18727 -102686 287083 225795 238353 246349 48730 -20554 FRIENDSHIP HOMES OPERATES A 49 UNIT NON-PROFIT INDEPENDENT LIVING APARTMENT COMPLEX FOR THE ELDERLY OR HANDICAPPED INDIVIDUALS OF MODERATE MEANS. false false 291099 185237 FRIENDSHIP HOMES, INC. OPERATES A 49 UNIT APARTMENT COMPLEX FOR ELDERLY AND/OR DISABLED INDIVIDUALS. ALL EXPENSES ARE ATTRIBUTED TO THE FACILITY. 291099 true false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 1 0 false 2 true false false false false false false false false X 12 12 true true false false false true true true true false false false false false false true true false X FM MANAGEMENT INC 3042925300 501 VAN VOORHIS ROAD MORGANTOWN WV 26505 X JAMES ALEXANDER VICE PRESIDE X X 0 0 0 ROBERT JOSEPH DIRECTOR X 0 0 0 JACQUES WILLIAMS PRESIDENT X X 0 0 0 KARL YAGLE DIRECTOR X 0 0 0 PAM YAGLE SECRETARY X X 0 0 0 false false false RENTAL INCOME-APARTMENTS 184577 184577 FOOD SERVICE INCOME 323 323 OTHER REVENUE:LAUNDRY & VENDI 300 300 OTHER REVENUE:DAMAGES & CLEAN 35 35 OTHER REVENUE:OTHER REVENUE 2 2 185237 3176 3176 188413 188413 64175 64175 6039 6039 10851 10851 14490 14490 85 85 133516 133516 15635 15635 37463 37463 ADMIN/MANAGEMENT:BAD DEBT 3903 3903 TAXES & INSURANCE:MISC.TA 3423 3423 CELEBRATION EXPENSE 838 838 BANK CHARGES 551 551 130 130 291099 291099 0 0 40433 85558 131363 46484 4523 1420 400 400 4355 1561 1857344 1766972 106009 90372 287083 225795 238353 246349 238353 246349 X 48730 -20554 48730 -20554 287083 225795 X -102686 33402 X false false X 75 70000 70075 419487 392686 262733 234659 188413 1497978 419562 392686 262733 304659 188413 1568053 1568053 2060 2060 2060 2060 421622 392686 262733 304659 188413 1570113 0.99870 0.99850 0.00000 0.00000 X 17776 17776 1766972 -1766972 1839568 1839568 90372 FM MANAGEMENT MISC. LONG TERM LIAB.( 233579 SECURITY DEPOSITS REFUNDABLE 11568 PAYROLL LIABILITIES:ACCRUED 941 FICA 727 BB&T CREDIT CARD 352 PAYROLL LIABILITIES:ACCRUED WH-STATE 87 PAYROLL LIABILITIES:CITY OF MORGANTO 36 246349 FORM 990, PAGE 6, PART VI, LINE 2 PAM YAGLE KARL YAGLE BD SECRETARY DIRECTOR HUSBAND AND WIFE FORM 990, PAGE 6, PART VI, LINE 3 FRIENDSHIP HOMES INC. DELEGATED THE MANAGEMENT OF FRIENDSHIP MANOR, THEIR SOLE ASSET, TO FM MANAGEMENT, INC. FM MANAGEMENT, INC. IS UNDER CONTROL OF THE MORGANTOWN KIWANIS CLUB AND MANAGES ALL ROUTINE OPERATIONS AND THE RELATED FINANCIAL ACTIVITIES. FORM 990, PAGE 6, PART VI, LINE 7A NOMINATIONS TO THE FRIENDSHIP HOMES, INC. BOARD OF DIRECTORS ARE APPROVED BY MORGANTOWN KIWANIS CLUB MEMBERS WHO ARE PRESENT AT THE ANNUAL MEETING OF THE MORGANTOWN KIWANIS CLUB AND FRIENDSHIP HOMES, INC. FORM 990, PAGE 6, PART VI, LINE 7B THE BOARD OF DIRECTORS SHALL HAVE THE ENTIRE AND COMPLETE CONTROL IN THE MANAGEMENT OF THE CORPORATION, INCLUDING THE POWER TO SELL, MORTGAGE OR OTHERWISE ALIENATE ANY REAL ESTATE HELD BY THE CORPORATION WITHOUT CORPORATE ACTION BY THE MEMBERS, EXCEPT AS TO SUCH MATTERS AS BY STATUTE THAT MUST BE SUBMITTED TO THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B OFFICERS RECEIVES AND REVIEWS THE FORM 990 PRIOR TO FILING. THE BOARD REVIEWS AFTER THE FILING. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD REVIEWS ALL COMPENSATION DECISIONS. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD REVIEWS ALL COMPENSATION DECISIONS. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 PRIOR PERIOD ERC CREDIT ADJUSTMENT 33,402