Arizona · Nonprofit
FRIENDSHIP RETIREMENT CORPORATION
FRIENDSHIP RETIREMENT CORPORATION (Arizona) receives grants from 4 organizations whose IRS filings report $71,143 to it, the largest being BHHS Legacy Foundation ($47,143). 1 of them have funded it in more than one year.
- Revenue FY2024
- $29M
- Funders on record
- 4
- Grants received
- $71k
- Net assets
- $10M
What Friendship Retirement Corporation does
Mission
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.
As stated on its FY2024 Form 990.
Program
Skilled nursing - our 225 bed care center, known as providence place, is located near the entry to our campus. Certified to accept both medicare and medicaid(altcs). The care center consistently receives a quality rating from the dept. Of health services and enjoys a star medicare rating. The following care services are available: 24-hours skilled nursing care, medicare/sub-acute care unit, short term, long term and respite care, comfort care, hospice behavioral healthcare, restorative nursing, contracted with most managed care insurance plan daily activities program that includes off-campus trips, computer for resident use and social events and on-site chaplaincy services and visits.independent living - the casitas are attractive one and two bedroom courtyard homes situated in eight charming courts surrounding the perimeter of our 40 acre community. These lovely units are equipped with refrigerator, range, microwave, garbage disposal, personal emergency response system, smoke detector, fire alarm and assigned covered parking. There is a complimentary laundry room available in each court for resident use and convenience. In addition, most units are equipped with washer and dryer…
$21,286,280 spent$27,460,770 earned by the program100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $21,286,280.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $25M to $21M (−18%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 19% · 2021 4%. Grants only. Government contracts and fees sit inside program revenue.
1% of FRIENDSHIP RETIREMENT CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (21% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2019 → 2022: the base held at 1 funder, grant income fell $20k → $13k.
Left out of every figure on this page: $513k from one payer (the payer shares this organization's board, largest Friendship Foundation Inc). These are real filings, and they are not money FRIENDSHIP RETIREMENT CORPORATION raised.
From the IRS filings of FRIENDSHIP RETIREMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FRIENDSHIP RETIREMENT CORPORATION leans on a few funders — its largest provides 66% of grant income and the top three 93%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
82% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FRIENDSHIP RETIREMENT CORPORATION.
Largest funder’s share by year: 2019 100% · 2020 38% · 2022 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
93% of FRIENDSHIP RETIREMENT CORPORATION's grant income comes from Arizona funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
FRIENDSHIP RETIREMENT CORPORATION is better cushioned than half of the 3,288 human services nonprofits its size.
this organization peer median middle 50% of peers· 3,288 human services nonprofits $10M–$100M, FY2024
Organizations like FRIENDSHIP RETIREMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Arizona
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Public support
93%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 4 related entities
- Glencroft Towers I Inc · exempt
- Colter Commons Inc · exempt
- Sarah's Place Inc · exempt
- Friendship Foundation Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for FRIENDSHIP RETIREMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FRIENDSHIP RETIREMENT CORPORATION?
- FRIENDSHIP RETIREMENT CORPORATION (Arizona) receives grants from 4 organizations whose IRS filings report $71,143 to it, the largest being BHHS Legacy Foundation ($47,143). 1 of them have funded it in more than one year.
- How many funders does FRIENDSHIP RETIREMENT CORPORATION have?
- IRS filings report 4 organizations giving $71,143 in grants to FRIENDSHIP RETIREMENT CORPORATION, 1 of which have funded it in more than one year.
- Who is the largest funder of FRIENDSHIP RETIREMENT CORPORATION?
- BHHS Legacy Foundation is the largest funder on record, with $47,143 in grants. The full list of funders is on this page.
- How can an organization like FRIENDSHIP RETIREMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Arizona. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Friendship Retirement →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing