2025-11-12T13:12:31-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 21700 OXNARD ST STE 300 WOODLAND HILLS CA 91367 990 2024-01-01 364654886 SARAH'S PLACE INC SARA 6238473005 8611 NORTH 67TH AVENUE GLENDALE AZ 85302 KATHLEEN HURLEY CFO 6238473005 2025-11-07 1 1 LAUREN A HAVERLOCK P00545829 8185771900 2025-11-07 2024 2025-03-06 01:10:19Z JOHN THORHAUER 8611 NORTH 67TH AVENUE GLENDALE AZ 85302 1204850 0 X N/A X 2009 AZ THE MISSION OF SARAH'S PLACE IS TO PROVIDE HIGH QUALITY HUD SUBSIDIZED HOUSING TO SENIORS IN A MANNER THAT DEMONSTRATES CHRISTIAN LOVE AND COMPASSION. 9 9 0 10 0 0 0 0 1648739 1161043 4398 9702 78400 34105 1731537 1204850 0 0 0 0 818539 797275 0 0 0 623834 388522 1442373 1185797 289164 19053 5731353 5627829 3489079 3366502 2242274 2261327 X OUR MISSION IS TO EMPOWER PEOPLE TO LIVE THEIR BEST LIVES, AND OUR VISION IS TO BE THE PREMIER PROVIDER OF AFFORDABLE SERVICES ENRICHING QUALITY OF LIFE FOR EVERYONE AT EVERY STAGE OF LIFE. TO ACCOMPLISH, OUR VALUES SHALL INCLUDE:INTEGRITY - WE ADHERE TO THE HIGHEST ETHICAL STANDARDS.COMPASSION - WE ARE SENSITIVE TO EVERY PERSON'S UNIQUE NEEDS.EXCELLENCE - WE ARE ACCOUNTABLE TO DELIVER EXCELLENCE IN OUR WORK.INNOVATION - WE DEVELOP AND GROW BY PROVIDING LEADING-EDGE SERVICES.SUSTAINABILITY - WE USE RESOURCES EFFICIENTLY.COLLABORATION - WE FURTHER OUR MISSION THROUGH COOPERATIVE EFFORTS. 0 0 1048658 0 1161043 SARAH'S PLACE IS LICENSED FOR DIRECTED MEMORY CARE. THE FACILITY OFFERS APPROPRIATE SOCIALIZATION AND ACTIVITIES IN A HOME-LIKE ATMOSPHERE. THE ACTIVITIES ARE DESIGNED TO SUPPORT AND ENHANCE THE CAPABILITIES OF THE RESIDENTS AND INCLUDE SIMPLE HOMEMAKING, CRAFTS, GARDENING AND RECREATIONAL ACTIVITIES. OUR CAREGIVERS TO RESIDENT RATIOS ARE DESIGNED TO PROMOTE TRUSTING RELATIONSHIPS AS WELL AS ENSURE THAT EACH RESIDENT THRIVES IN THEIR ENVIRONMENT. 1048658 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ X KATHLEEN HURLEY 6238473005 8611 N 67TH AVE GLENDALE AZ 95302 CATHY ECKSTEIN CHAIR 1.00 3.00 X X 0 0 0 STEVE KOCH VICE CHAIR/SECRETARY 1.00 3.00 X X 0 0 0 BRIAN HOLLRAH TREASURER 1.00 3.00 X X 0 0 0 JACQUELYN SMITH PHD GOVERNANCE CHAIR 1.00 2.00 X 0 0 0 PETER PATTERSON MD QUALITY AND COMPLIANCE CHAIR 1.00 2.00 X 0 0 0 DYAN BYMARK DIRECTOR 1.00 2.00 X 0 0 0 LISA MONTMAN CPA DIRECTOR 1.00 3.00 X 0 0 0 NINA SHAH DIRECTOR 1.00 2.00 X 0 0 0 FLOYD WHITTAKER DIRECTOR 1.00 2.00 X 0 0 0 JOHN THORHAUER CEO 2.00 38.00 X 0 369325 5532 DON MAY CFO (THRU 01/2024) 2.00 38.00 X 0 10716 214 KATHLEEN HURLEY CFO (AS OF 01/2024) 2.00 38.00 X 0 151160 3465 0 531201 9211 0 0 1 0 0 PATIENT SERVICE REVENU 531110 1127425 1127425 FOOD SERVICE INCOME 561499 33618 33618 1161043 7919 7919 1783 0 1783 1783 1783 MISCELLANEOUS REVENUE 561499 34105 34105 34105 1204850 1161043 0 43807 654230 588800 65430 90701 81631 9070 52344 47110 5234 15933 15933 3008 3008 39440 20976 18464 172082 137666 34416 153534 153534 AMORTIZATION 4525 4525 1185797 1048658 137139 0 X 476811 536849 265951 275432 171609 172665 13338 6571 5260065 1430163 3347680 3829902 1455964 806410 5731353 5627829 189980 122839 3295499 3239863 3600 3800 3489079 3366502 X 1932743 1951796 309531 309531 2242274 2261327 5731353 5627829 19053 0 X X 0 1 X 1 1 1 X 1571937 1725758 1592554 1648739 1161043 7700031 1571937 1725758 1592554 1648739 1161043 7700031 0 1072897 552706 638085 675041 2938729 1072897 552706 638085 675041 2938729 4761302 10524 6389 9286 0 7919 34118 10524 6389 9286 7919 34118 1434 37769 126572 78400 34105 278280 1583895 1769916 1728412 1727139 1203067 8012429 0.59420 0.69500 0.00430 0.00410 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 1,434. 2021 AMOUNT: $ 37,769. 2022 AMOUNT: $ 126,572. 2023 AMOUNT: $ 78,400. 2024 AMOUNT: $ 34,105. 0 1 X 457000 457000 4652537 1298346 3354191 150528 131817 18711 3829902 INTEREST IN NET ASSETS OF FFI 309531 DUE FROM AFFILIATES 496879 806410 X 1204850 0 1204850 0 1204850 1185797 0 1185797 0 1185797 PART IV, LINE 2B: THE ORGANIZATION MAINTAINS ESCROW ACCOUNTS FOR RESIDENT SECURITY DEPOSITS. PART X, LINE 2: THE COMPANY QUALIFIES AS A TAX-EXEMPT CORPORATION DESCRIBED IN SECTION 501(C)(3) OF THE IRC AND, ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES. INCOME DETERMINED TO BE UNRELATED BUSINESS INCOME TAX WOULD BE TAXABLE. THE COMPANY APPLIES THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THIS STANDARD PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE COMPANY IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. 0 0 0 0 0 0 0 0 0 JOHN THORHAUER CEO 0 341824 0 27501 0 0 0 5532 0 0 0 374857 0 0 KATHLEEN HURLEY CFO (AS OF 01/2024) 0 151160 0 0 0 0 0 1512 0 1953 0 154625 0 0 SCHEDULE J, PART I, LINE 3: FRIENDSHIP RETIREMENT CORPORATION, A RELATED ORGANIZATION USES A COMPENSATION SURVEY AND APPROVAL BY BOARD/COMPENSATION COMMITTEE TO DETERMINE THE CEO'S COMPENSATION. FORM 990, PART V, LINE 2: ALL PAYROLL REPORTING IS MANAGED BY FRIENDSHIP RETIREMENT CORPORATION, WHICH ACTS AS THE COMMON PAYMASTER FOR THE FILING ENTITY. AS SUCH, THERE ARE NO W-2S REPORTED ON THIS RETURN. FORM 990, PART VI, SECTION A, LINE 3 FRIENDSHIP RETIREMENT CORPORATION SERVES AS THE ORGANIZATION'S SPONSOR AND PROVIDES MANAGEMENT SERVICES AND OVERSIGHT. FORM 990, PART VI, SECTION A, LINE 6 FRIENDSHIP RETIREMENT CORPORATION HAS THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS NOMINATES NEW BOARD MEMBERS WHO MUST BE APPROVED BY FRIENDSHIP RETIREMENT CORPORATION (FRC). THE CEO OF FRC IS ALSO THE TOP MANAGEMENT OF SARAH'S PLACE. FORM 990, PART VI, SECTION A, LINE 7B ANY CHANGES TO THE ORGANIZATIONAL BY-LAWS OF SARAH'S PLACE ARE ALSO SUBJECT TO THE APPROVAL OF FRC AND THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY THE CFO AND THE FINAL DRAFT OF THE 990 IS EMAILED TO ALL BOARD MEMBERS PRIOR TO BEING FILED WITH THE IRS. BOARD MEMBERS HAVE A COMMENT PERIOD IN WHICH TO RESPOND WITH QUESTIONS OR CHANGES. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. THE BOARD CHAIR AND THE CEO DETERMINE IF THERE IS A CONFLICT OF INTEREST BASED ON THE CONFLICT OF INTEREST POLICY QUESTIONNAIRES GIVEN TO EACH BOARD MEMBER AT THE START OF THE BOARD YEAR. WHEN A CONFLICT ARISES, THAT PERSON IS RECUSED AND MAY BE ASKED TO LEAVE THE ROOM DURING THE DELIBERATIONS OF THE ISSUE. IT IS NOTED IN THE MINUTES WHEN A BOARD MEMBER HAS A CONFLICT AND HAS ABSTAINED FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE CPO CONDUCTS A REVIEW OF THE EXECUTIVE'S COMPENSATION THAT INCLUDES A COMPARISON OF COMPENSATION PAID BY SIMILARLY SIZED PEER ORGANIZATIONS IN THE SAME GEOGRAPHIC LOCATION. THE EXECUTIVE COMPENSATION REPORT IS REVIEWED AND APPROVED BY THE BOARD ANNUALLY. THIS REVIEW TAKES PLACE VIA FRIENDSHIP RETIREMENT CORPORATION, WHICH HAS THE SAME GOVERNING BODY AS THE FILING ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PAGE 11, PART X, LINE 20: THE PARENT COMPANY, FRIENDSHIP RETIREMENT CORPORATION (FRC), HAS ALLOCATED A PORTION OF THE TAX EXEMPT BONDS THAT WAS ISSUED DURING 2016. THE DETAILS OF THE TAX EXEMPT BONDS ISSUED TO FRC ARE CONTAINED ON THE SCHEDULE K THAT IS FILED WITH ITS FORM 990 (FEIN 86-0265218). AS A RESULT, THERE IS NO SCHEDULE K REPORTING FOR THIS TAX RETURN. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FRIENDSHIP RETIREMENT CORPORATION 8611 N 67TH AVE GLENDALE AZ 85302 860265218 RETIREMENT COMMUNITY AZ 501(C)(3) LINE 10 N/A 0 COLTER COMMONS INC 8611 N 67TH AVE GLENDALE AZ 85302 364662674 LOW-INCOME HOUSING AZ 501(C)(3) LINE 10 FRIENDSHIP RETIREMENT CORPORATION 0 GLENCROFT TOWERS I INC 8611 N 67TH AVE GLENDALE AZ 85302 860861606 LOW-INCOME HOUSING AZ 501(C)(3) LINE 10 FRIENDSHIP RETIREMENT CORPORATION 0 FRIENDSHIP FOUNDATION INC 8611 N 67TH AVE GLENDALE AZ 85302 860501985 FUNDRAISING AZ 501(C)(3) LINE 7 FRIENDSHIP RETIREMENT CORPORATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0