Friendship Village

What it reported doing in 2024

The village is a life care senior living community, designed to accommodate persons 62 years of age or older in a dignified manner. Currently, the village has 396 independent living units, 44 villas, 76 assisted living apartments (licensed for 78 residential care beds) and a 144-bed licensed and staffed skilled nursing facility (the "health center"). The primary intent of fvsc, is to assure the residents of life care throughout their retirement years. The village is designed to create an environment that will enrich the lives of the people who live and work there. The design of the main common facilities provides large areas for dining and meetings without detracting from the homelike environment of the village.in addition to providing a residence for lifetime use by the resident, the village will provide: maintenance of the residences and common areas; weekly flat laundry service; food service, including one meal for each day in the month at no additional charge; the services of a chaplain and resident social director; scheduled transportation services; 24-hour nursing care in the health center (see additional program description); biweekly housekeeping; a call system; various administrative services; and all utilities except long distance telephone. Social accountabilityour residents' selfless acts of volunteering their time speak louder than words. The friendship village sunset hills residents enjoy volunteering inside our community, as well as the community at large.the employees of friendship village sunset hills go above and beyond their work load. Our employees volunteered in communities across the st. Louis metropolitan area. Since 1987, friendship village sunset hills has partnered with the special school district of st. Louis county, facilitating on-the-job training skills for five students enrolled in the program, led by a st. Louis county special school district teacher and teacher's aid. Friendship village sunset hills has a cooperative agreement with special school district. Our vocational skills program is one of approximately 32 throughout st. Louis county. The mission of the vocational skills program is to provide a continuum of supports and services to the students and families to assist students in gaining skills needed to achieve realistic and meaningful post-secondary goals. An in kind donation of nearly $35,000 was provided to the special school district of st louis ranging from space provided for the classroom to the time and talent of our friendship village employees. Several of our employees are mentors to the students of this program. Friendship village sunset hills has proudly hired several students over the years who have gone through this program, and as of fy25, two are still working within the walls of friendship village sunset hills.friendship village sunset hills has one chaplain, two assistant chaplains, two associate chaplains and one pastoral care assistant to meet all the spiritual needs of our residents and staff. Our chaplains also visit our hospitalized residents. Average visits are 14 each week throughout the year. Over 100 funeral and memorial services were planned and conducted in fiscal year 2025. 1 on 1 support: our chaplains provide one-on-one spiritual and personal counseling to approximately 87 residents and employees each month. Bible studies: 377 bible studies were held. On average, 112 residents attend bible study at friendship village. Worship services: friendship village provided 232 worship services (three each sunday and mass on saturday). Approximately 175 people attend worship services held in our chapel, skilled nursing & rehabilitation, and assisted living & memory care. Ongoing support groups: care for the caregivers: located at the village care center, visitors from outside the community are welcome at these group meetings. Sojourners grief recovery support group: support group for residents who have lost a loved one. Sojourner's circle: circle of friends who gather

Financial Efficiency

• Mission deployment rate: 90.6%; rating input score 91
• Program expense ratio: 84.5%; rating input score 84
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th 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: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 66.7%; rating input score 67; 19th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 1.1%; rating input score 38; 38th percentile among comparable filings
• Total-asset coverage ratio: 4.52; rating input score 84; 84th percentile among comparable filings
• Liabilities to assets ratio: 0.98; rating input score 8; 8th percentile among comparable filings
• Officer compensation ratio: 0.4%; rating input score 86; 86th percentile among comparable filings

Growth

• Program expense growth: 9.6% per year; rating input score 100; 73rd percentile among comparable filings
• Revenue growth: 8.5% per year; rating input score 100; 70th percentile among comparable filings
• Asset growth: 7.6% per year; rating input score 100; 56th percentile among comparable filings