Fellowship Square

What it reported doing in 2024

Opened in july 2018, fellowship square surprise now hosts 255 apartment homes on 14+ acres, in a fully gated community. Fellowship square offers 1 and 2 bedroom floor plans. The independent living community includes large community and gathering areas, a state-of-the-art fitness center with a full-time trainer and fitness programming and classes (senior fit). A heated pool, spa, and pool house are also provided. A fully stocked art room, wood shop, various activity areas, are available. A koi pond, bocce ball court, pickle ball courts, and putting greens are also enjoyed by the residents.opportunities to learn, such as a full-service computer lab and classroom, as well as a fully stocked library are (cont'd on sch o) provided for residents.a garden cafe, and a fine dining room are opened daily. Residents receive dining dollars included in their monthly rent, in the amount of $375. Transportation, housekeeping, activities, recreation, and chaplain services are included in the monthly rental fee. Residents enjoy high speed internet, 24-hour concierge, and an emergency call system, at no additional charge. The assisted living is called "the oasis at fellowship square". This community hosts 42 apartment homes, plus 28 suites of memory care, with 1-bedroom and studio floor plans, with large community areas including two dining rooms, activities area and access to the campus amenities. Outdoor areas, a full array of activities, transportation, and all meals and snacks are included in the monthly rent. A fitness center, library, laundry room, and multiple activity areas are provided. An emergency call system, 24-hour oversite and care are available.outpatient rehab clinic: a licensed outpatient rehabilitation clinic that provides physical, occupational and speech therapy services to residents and employees of fellowship square surprise.founded in 1979, the christian care companies began with 96 units of subsidized housing and a nursing center on the phoenix campus. The nursing center cornerstone quotes psalm 71:9, cast me not off in the time of old age; forsake me not when my strength faileth. The organization is one of 17 related tax exempt christian care companies (the names of the other 16 are listed on schedule r) who provide housing, hospitality and healthcare services for very-low-to-middle income Arizona seniors. 16 of the christian care companies were founded by the nondenominational christian churches of Arizona and are governed by corporate boards of directors. Christian care management has controlling interest in the 17th related tax exempt entity, home health care, inc. Dba covenant home health, which provides home health services to seniors and others who need skilled medical care within the comfort and privacy of their own homes.at december 31, 2024, the christian care companies own and operate 1,990 units of middle-income, market-rate independent, assisted, and memory care units for seniors on six campuses, 338 units of subsidized housing, and a 20-bed rehabilitation center. In addition, we provide assisted living services to up to 107 residents of our subsidized housing.benefits of being part of a christian care community typically include shared housekeeping; maintenance and security services, including call button monitoring; access to private scheduled transportation; and computer labs with high-speed internet. Residents typically have entree to on-campus food service venues, entertaining activity programs, health & wellness opportunities and chaplaincy services.

Financial Efficiency

• Mission deployment rate: 85.2%; rating input score 85
• Program expense ratio: 86.8%; rating input score 87
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 88.9%; rating input score 89; 21st percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -0.6%; rating input score 28; 28th percentile among comparable filings
• Total-asset coverage ratio: 4.3; rating input score 82; 82nd percentile among comparable filings
• Liabilities to assets ratio: 1.24; rating input score 3; 3rd percentile among comparable filings
• Officer compensation ratio: 1.5%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 24.2% per year; rating input score 100; 93rd percentile among comparable filings
• Revenue growth: 28% per year; rating input score 100; 96th percentile among comparable filings
• Asset growth: 4.3% per year; rating input score 100; 31st percentile among comparable filings