Friendship Village Tempe

Legal name: Tempe Life Care Village Inc

Nonprofit profile at a glance

EIN
860335417
IRS 990 coverage
2010–2025
Official website data refreshed
Aug 2026
Forms available
Form 990 2025, Form 990-T 2025
Location
Tempe, AZ, USA
Phone
480-582-1119
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Supportive Housing for Older Adults

Official website

Reported finances

Revenue
$71,413,338
Expenses
$74,162,284
Assets
$339,218,276
Liabilities
$355,301,466

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • DARRELL JENSEN (BOARD VICE PRESIDENT)
  • MARC PULSIFER (BOARD PRESIDENT)
  • COLE MARVIN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MARK YOUNG (MARKETING DIRECTOR): $323,579 total reported compensation
  • JADYNE SCHMIDT (HEALTH CARE ADMINISTRATOR): $200,587 total reported compensation
  • KIMBERLIE KNECHT (SALES COUNSELOR): $196,777 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Friendship Village Tempe is a Life Care retirement community providing independent living, assisted living, memory care, skilled nursing, rehabilitation, and primary care services to seniors in the East Valley.

What it reported doing in 2025

The organization provides on-site assisted living to residents. Friendship village tempe offers secure, comfortable on-site assisted living apartments in an atmosphere that promotes individual well-being. Friendship village tempe provides assistance with daily living activities based on each resident's needs. If additional senior care is needed, residents have access to skilled nursing as part of their life care plan. During 2025, the assisted living section had an average residency capacity of 95.5%, consisting of 23,656 days of care. At the nunnenkamp center, residents have a customized treatment plan based on individual needs. The highly trained staff has earned a stellar reputation for their commitment to senior care at the community. A wide range of on-site therapy is available, including occupational, physical, and rehabilitative.

Operating model

Revenue model
Other-operating. 98% of the money available for current operations came from other operating revenue.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 84
  • Accountability: 100
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.6%; rating input score 81
  • Program expense ratio: 77.9%; rating input score 78
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 66th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: -3.8%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 4.57; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 1.05; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 1.9%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 5.4% per year; rating input score 100; 43rd percentile among comparable filings
  • Revenue growth: 5.4% per year; rating input score 100; 45th percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 49th percentile among comparable filings

Details

  • What they do: 2 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 80.6% of revenue deployed · 77.9% of spending went to programs
  • Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $57.8M in reported program spending
  • Leadership: top reported pay $324K · 18 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $12.8M reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.