National Church Residences of Friendship Manor MO
Nonprofit profile at a glance
- EIN
- 264390256
- IRS 990 coverage
- 2011–2016
- Forms available
- Form 990 2016, Form 990-N 2008
- Location
- Columbus, OH, USA
- Phone
- 6144512151
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $778,299
- Expenses
- $488,489
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Steve Bodkin (president)
Highest reported compensation
- Michelle H Norris (BOARD MEMBER): $392,527 total reported compensation
- Steve Bodkin (president): $364,244 total reported compensation
- Tanya Kim Hahn (V.P./Secretary): $330,217 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of National Church Residences is to provide quality housing and care at affordable prices in communities of caring persons. Our ministry is national in scope, and originates from a Christian commitment of service to older adults, which began in 1961. While our ministry has been targeted primarily toward older adults, we have special concern for low and moderate income seniors, persons with disabilities, and low and moderate income families. We are committed to expanding and funding services in assisted living, nursing homes, and full-service retirement communities. We also plan for thoughtful growth in affordable family housing. We are committed to professionalism in the management of property, programs, and human resources and equally committed to compassion for the people we serve.
What it reported doing in 2016
The sole purpose is to provide subsidized low and moderate-income apartment rental housing for primarily elderly persons through the U.S. Department of HUD Sections 221(d)(3) and 223 (a)(7) programs.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 65
- Accountability: 72
- Sustainability: 45
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.8%; rating input score 93
- Program expense ratio: 93%; rating input score 93
- 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: 66.7%; rating input score 67; 12th 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: 37.2%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 17.3%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: -4.3% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: 8.2% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: -13.2% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 92.8% of revenue deployed · 93% of spending went to programs
- Governance: 2 of 3 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $454K in reported program spending
- Leadership: top reported pay $393K · 6 people listed · 0 of 6 pay-setting controls reported
- Consistency: 25 of 25 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 6 filing years from 2011 to 2016
- Contacts: How to reach this organization
- Related organizations: 121 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 16/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.