2026-08-14T14:01:55-05:00 2025-09-30 415375658 CROWE ADVISORY LLC 605 SEWARD AVENUE NW GRAND RAPIDS MI 495045584 990 2024-10-01 351066778 FRIENDS FELLOWSHIP COMMUNITY INC FRIE 7659626546 2030 CHESTER BOULEVARD RICHMOND IN 47374 JODI NADERHOF CFO 7659626546 2026-08-14 1 0 NICOLE A OELTJEN P01590953 6167740774 2026-08-14 2024 2025-03-06 01:10:19Z JODI NADERHOFF 2030 CHESTER BOULEVARD RICHMOND IN 47374 13469580 0 X WWW.FFCINC.ORG X 1958 IN FFC IS A CONTINUING CARE RETIREMENT COMMUNITY FOUNDED AND SERVING IN THE QUAKER TRADITION. 12 12 301 57 0 0 1149228 88238 11145917 12440155 722545 798530 291858 121257 13309548 13448180 798674 608866 0 0 8465617 9001243 0 0 0 4784096 5262637 14048387 14872746 -738839 -1424566 29737940 29475451 26701218 28065176 3036722 1410275 X FRIENDS FELLOWSHIP COMMUNITY IS A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY FOUNDED AND SERVING IN THE QUAKER TRADITION. WE ARE COMMITTED TO DELIVERING A CONTINUUM OF QUALITY RESIDENTIAL AND HEALTH CARE SERVICES THROUGH THE PROMOTION OF DIGNITY, SECURITY AND INDEPENDENCE WITHIN A GRACIOUS ENVIRONMENT. WE ENCOURAGE EACH RESIDENT TO MAXIMIZE HIS OR HER PHYSICAL, SOCIAL, SPIRITUAL, EMOTIONAL AND PSYCHOLOGICAL WELL-BEING. 0 0 12296432 608866 12560826 FRIENDS FELLOWSHIP COMMUNITY, INC. PROVIDES A CONTINUUM OF CARE WITH SIX AREAS OF ACCOMMODATIONS FOR 248 INDIVIDUALS OVER THE AGE OF 60. RESIDENTS MAY MOVE THROUGH THE CONTINUUM AS THEIR NEEDS EVOLVE OVER TIME. THE CONTINUUM INCLUDES DUPLEX COTTAGES IN INDEPENDENT HOUSING, CONGREGATE LIVING IN INDEPENDENT LIVING, RESIDENTIAL AND ASSISTED RESIDENTIAL APARTMENTS, COMPREHENSIVE NURSING SERVICES IN THE HEALTH CARE CENTER, AND COMPASSIONATE CARE FOR INDIVIDUALS IN THE COURTYARDS, A SPECIAL CARE UNIT FOR INDIVIDUALS WITH ALZHEIMER'S DISEASE OR OTHER FORMS OF DEMENTIA. NEARLY 95% OF THE RESIDENTS HAVE ENTERED INTO A LIFE LEASE CONTRACT WHICH ASSURES LIFETIME CARE AND GUARANTEED ACCESS TO COMPREHENSIVE NURSING SERVICES IN THE HEALTH CARE CENTER. THE ASSURANCE OF LIFE TIME CARE IS PROVIDED IN THE FORM OF FINANCIAL ASSISTANCE FUNDED SOLELY BY THE ORGANIZATION'S RESOURCES TO THOSE RESIDENTS WHO HAVE OUTLIVED THEIR PERSONAL RESOURCES. 12296432 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 301 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X JODI NADERHOFF 7659626546 2030 CHESTER BOULEVARD RICHMOND IN 47374 X JOHN C ROBINSON VP FINANCE & DEVELOP. (UNTIL 9/24) 40.00 X 149147 0 12755 DANA SHORE DIRECTOR OF SALES 40.00 X 115639 0 6584 MELISSA HARRISON DIRECTOR OF NURSING 40.00 X 111636 0 13966 BILL REES EXECUTIVE DIRECTOR (UNTIL 11/25) 40.00 X 0 0 0 JODI NADERHOFF INTERIM CFO (BEG. 10/24) 10.00 X 0 0 0 PAM FERGUSON CHAIR 1.00 X X 0 0 0 ELDON HARZMAN VICE CHAIRMAN 1.00 X X 0 0 0 JAY MARSHALL TREASURER (UNTIL 12/24) 1.00 X X 0 0 0 DUKE HAMM TREASURER (BEG. 1/25) 1.00 X X 0 0 0 BRENDA REISH SECRETARY 1.00 X X 0 0 0 DUANE HODGIN TRUSTEE 1.00 X 0 0 0 NATHAN ULERICK TRUSTEE 1.00 X 0 0 0 DAVID EDINGER TRUSTEE (UNTIL 12/24) 1.00 X 0 0 0 MARY LOUISE REYNOLDS TRUSTEE 1.00 X 0 0 0 AL GROTH TRUSTEE 1.00 X 0 0 0 ROBIN HENRY TRUSTEE 1.00 X 0 0 0 KIM TANNER TRUSTEE 1.00 X 0 0 0 LARRY HUBER TRUSTEE (BEG. 1/25) 1.00 X 0 0 0 MARK TAYLOR TRUSTEE (BEG. 1/25) 1.00 X 0 0 0 376422 0 33305 3 1 1 0 UNITED CHURCH HOMES 170 E CENTER ST MARION OH 43302 MANAGEMENT SERVICES 799695 1 88238 88238 HEALTH CARE CENTER 623110 3455871 3455871 MONTHLY CARE FEES 623110 2745989 2745989 ASSISTED RESIDENTIAL 623110 2564754 2564754 ALZHEIMER'S UNIT 623110 2105772 2105772 AMORTIZATION LIFE-LEASE FEES 900099 1393610 1393610 174159 174159 12440155 397424 397424 9000 9924 -924 -924 -924 401106 0 401106 401106 401106 12986 11476 1510 1510 APPLICATION FEE INCOME 722514 56200 56200 BEAUTY SHOP INCOME 812112 42216 42216 HOUSEKEEPING INCOME 561720 22255 22255 120671 13448180 12560826 0 799116 608866 608866 6278289 5471320 806969 141262 124896 16366 2107766 1765421 342345 473926 437765 36161 110817 22155 88662 31520 31520 262529 262529 807164 203091 604073 119446 3599 115847 451880 430781 21099 699601 698355 1246 28472 2754 25718 196168 196168 1439264 1215485 223779 482380 482380 FOOD PURCHASES 549389 549389 DUES, LICENSES, SUBSCRI 73839 73839 RESIDENT ACTIVITIES 10168 10168 14872746 12296432 2576314 0 5897 885539 1110947 35014 1437115 489278 39450 25518 185620 118346 50914361 34157337 17080596 16757024 9234138 10630906 20000 20000 624177 513826 29737940 29475451 881200 1247989 7788011 7935763 7510962 7144639 461870 1232413 10059175 10504372 26701218 28065176 X 1932365 1306961 1104357 103314 3036722 1410275 29737940 29475451 -1424566 -201881 0 X 0 1 X 1 0 X 1716608 67180 100393 126481 88238 2098900 9022568 9600318 10508000 11145917 12440155 52716958 173693 213793 327505 306203 142657 1163851 10912869 9881291 10935898 11578601 12671050 55979709 3360 2700 2702 1775 1025 11562 0 3360 2700 2702 1775 1025 11562 55968147 327140 328297 328572 336786 397424 1718219 327140 328297 328572 336786 397424 1718219 11240009 10209588 11264470 11915387 13068474 57697928 0.97000 0.97370 0.02980 0.02000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 970 970 0 PART II-B, LINE 1: THE ORGANIZATION PAYS DUES TO LEADING AGE INDIANA & LEADING AGE. A PORTION OF THE DUES IS USED FOR LOBBYING. 10649159 773363 11417522 5000 9099100 43064 1854956 347961 10649159 8482733 84437 881474 349544 9099100 10272895 64327 -1630684 223805 8482733 8597133 205281 1644967 174486 10272895 0.00000 1.00000 0.00000 0 0 438091 438091 40052529 27540144 12512385 5513452 3060590 2452862 4167320 3556603 610717 742969 742969 16757024 REFUNDABLE ADVANCES 10439059 INTEREST RATE SWAP DERIVATIVE 65313 10504372 X 12658833 -201881 21400 -180481 12839314 608866 608866 13448180 14285280 21400 21400 14263880 608866 608866 14872746 PART V, LINE 4: THE NET INCOME FROM THE ENDOWMENT FUNDS IS USED TO FUND A PORTION OF THE BENEVOLENT ASSISTANCE TO THOSE LIFE CARE RESIDENTS WHO HAVE DEVELOPED A FINANCIAL NEED. PART X, LINE 2: FFC IS EXEMPT FROM INCOME TAXES ON INCOME FROM RELATED ACTIVITIES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND CORRESPONDING STATE TAX LAW. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL OR STATE INCOME TAXES. ADDITIONALLY, FFC HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. CURRENT ACCOUNTING STANDARDS REQUIRE FFC TO DISCLOSE THE AMOUNT OF POTENTIAL BENEFIT OR OBLIGATION TO BE REALIZED AS A RESULT OF AN EXAMINATION PERFORMED BY A TAXING AUTHORITY. FOR THE YEARS ENDED SEPTEMBER 30, 2025 AND 2024, MANAGEMENT HAS DETERMINED THAT FFC DOES NOT HAVE ANY TAX POSITIONS THAT RESULT IN ANY UNCERTAINTIES REGARDING THE POSSIBLE IMPACT ON THE FFC'S FINANCIAL STATEMENTS. THE TAX POSITIONS REGARDING UNCERTAINTIES ARE NOT EXPECTED TO CHANGE IN THE NEXT 12 MONTHS. FFC IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY ANY TAX AUTHORITY FOR YEARS BEFORE 2021. FFC RECOGNIZES INTEREST AND PENALTIES RELATED TO THE UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAXES, RESPECTIVELY. FFC HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF SEPTEMBER 30, 2025 AND 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 9,924. COST OF GOODS SOLD 11,476. PART XI, LINE 4B - OTHER ADJUSTMENTS: BENEVOLENT ASSISTANCE 608,866. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 9,924. COST OF GOODS SOLD 11,476. PART XII, LINE 4B - OTHER ADJUSTMENTS: BENEVOLENT ASSISTANCE 608,866. PART V, LINE 1E - ENDOWMENT FUND REPORTING UPDATE: DURING THE FINANCIAL STATEMENT AUDIT PROCEDURES, THE ENDOWMENT FUND PRESENTATION WAS CORRECTED TO REMOVE THE QUASI-ENDOWMENT FUNDS. THESE FUNDS REPRESENT NET ASSETS OF FFC RESULTING FROM CONTRIBUTIONS OF ASSETS WHOSE USE BY FFC IS LIMTED BY DONOR-IMPOSED STIPULATIONS THAT EITHER EXPIRE BY PASSAGE OF TIME OR CAN BE FULFILLED AND REMOVED BY ACTIONS OF FFC PURSUANT TO THOSE STIPULATIONS. THESE FUNDS NO LONGER ARE CONSIDERED REPORTABLE AS ENDOWMENT FUND ASSETS FOR FINANCIAL STATEMENT AND 990 REPORTING PURPOSES. THE FUNDS IN THE ENDING BALANCE REPORTED AS OF 9/30/2025 ARE THE ONLY FUNDS APPLICABLE TO THE ENDOWMENT ARE THOSE ARE KEPT IN PERPETUITY WHICH RESULTS FROM CONTRIBUTIONS OF ASSETS WHOSE USE BY FFC IS LIMITED BY DONOR-IMPOSED STIPULATIONS THAT NEITHER EXPIRE BY PASSAGE OF TIME NOR CAN BE FULFILLED OR OTHERWISE REMOVED BY ACTIONS OF FFC. 1 BENEVOLENT ASSISTANCE TO LIFE CARE RESIDENTS 13 608866 SCHEDULE I, PART I, LINE 2 - PROCEDURES FOR MONITORING USE OF GRANT FUNDS THE BENEVOLENT ASSISTANCE GIVEN TO LIFE CARE RESIDENTS IS AWARDED BY CREDITING THE ACCOUNTS OF THE RESIDENTS. X X 0 0 0 0 0 0 0 0 0 JOHN C ROBINSON VP FINANCE & DEVELOP. (UNTIL 9/24) 149147 0 0 0 0 0 6262 0 6493 0 161902 0 0 0 A WAYNE COUNTY INDIANA 356000212 000000000 2018-12-21 9175000 0 0 0 A 1850000 9190891 74054 1753302 7363535 2019 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 0 0 0 0 A 1 SCHEDULE K, PART I, COLUMN (F) - DESCRIPTION OF PURPOSE THE PROCEEDS WERE USED TO REFINANCE A TAXABLE LOAN AND TO FINANCE A PORTION OF THE COST OF THE ACQUISITION, CONSTRUCTION, EQUIPPING, AND REMODELING OF THE FACILITIES OF FRIENDS FELLOWSHIP COMMUNITY, INC. SCHEDULE K, PART II, LINE 3 - TOTAL PROCEEDS OF ISSUE DIFFERENCE BETWEEN THE ISSUE PRICE IN PART I, COLUMN E AND TOTAL PROCEEDS OF ISSUE IN PART II, LINE 3 IS INVESTMENT EARNINGS DURING THE PROJECT PERIOD. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIRMAN, VICE CHAIRMAN, SECRETARY AND TREASURER OF THE CORPORATION, AND ONE (1) OTHER TRUSTEE SELECTED BY THE BOARD. A MAJORITY OF THE EXECUTIVE COMMITTEE SHALL BE MEMBERS OF THE RELIGIOUS SOCIETY OF FRIENDS. THE EXECUTIVE COMMITTEE SHALL NOT HAVE AUTHORITY TO AMEND THE BY-LAWS, BUT SHALL EXERCISE ALL OTHER POWERS OF THE BOARD OF TRUSTEES BETWEEN MEETING OF SAID BOARD, EXCEPT THE POWER TO FILL VACANCIES IN ITS OWN MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION CONTRACTS WITH AN UNRELATED THIRD-PARTY MANAGEMENT COMPANY TO OVERSEE DAY TO DAY OPERATIONS. THE ORGANIZATION'S EXECUTIVE DIRECTOR AND INTERIM CFO ARE PAID BY THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE INTERIM CFO. THE COMPLETED 990 IS DISTRIBUTED TO ALL MEMBERS OF THE EXECUTIVE COMMITTEE AND BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EVERY BOARD MEMBER AND OFFICER COMPLETES A CONFLICT OF INTEREST QUESTIONNAIRE TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST. THE STATEMENTS ARE REVIEWED BY THE VP OF FINANCE. IF A CONFLICT OF INTEREST DOES EXIST THEN THE BOARD MEMBER IS NOT PERMITTED TO DELIBERATE OR VOTE ON ANY TRANSACTION OR BUSINESS RELATED TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE PRESIDENT IS REVIEWED AND DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES EACH SPRING FOR THE CURRENT CALENDAR YEAR. THE 2024-2025 CONTINUING CARE RETIREMENT COMMUNITY SALARY & BENEFITS REPORT PUBLISHED BY THE HOSPITAL & HEALTHCARE COMPENSATION SERVICE IS USED TO PROVIDE COMPARABLE DATA FOR EXECUTIVE DIRECTORS IN THE MIDWEST AND NATIONALLY BASED UPON REVENUE AND TOTAL BEDS SERVED. THE DETERMINATION OF THE SALARY FOR THE PRESIDENT IS BASED UPON THE COMPARABLE DATA PROVIDED IN THE ABOVE REFERENCED REPORT AND IS DOCUMENTED IN THE APPROVED MINUTES OF THE EXECUTIVE COMMITTEE. THIS PROCESS IS DONE EVERY YEAR AND WAS LAST UNDERTAKEN IN MARCH 2025. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME.