Friends of Faith Ret Homes Inc
Lifecare for adults 62 and over.
Friends of Faith Ret Homes Inc at a glance
In short: Friends of Faith Ret Homes Inc gave $3.5M across 1 grant in 2026 (avg $3.5M), mostly in Iowa. Source: 2026 IRS Form 990.
- Annual giving (2026)
- $3,469,342
- +22.0% vs 2025
- Grants made (2026)
- 1
- +0.0% vs 2025
- Average grant
- $3,469,342
- +22.0% vs 2025
- Median grant
- $3,469,342
- Total assets
- $99,657,300
- -3.1% vs 2025
- Primary geography
- Iowa (100% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990, 2026 View filing
Data from IRS Form 990, 2026; updated September 2026.
Who Friends of Faith Ret Homes Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2026
The largest 2026 recipient was The Friendship Village Charitable ($3.5M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2026 grant dollars on its one itemized grant.
States
Cities
How Friends of Faith Ret Homes Inc gives
- Giving held roughly steady from 2023 to 2026 (+2%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2026, annual grant giving ranged from $633K (2021) to $3.5M (2026). In 2026 it made 1 grant totaling $3.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Friendship Village Charitable Waterloo, IA | Charitable Support | $3,469,342 |
Ready to take the next step with Friends of Faith Ret Homes Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2026 | $99,657,300 | $26,301,801 | $31,055,500 | $3,469,342 | 1 | $136,639 |
| 2025 | $102,796,633 | $26,620,572 | $29,121,285 | $2,843,966 | 1 | $8,332 |
| 2024 | $105,777,873 | $26,167,260 | $28,508,222 | $2,286,452 | 1 | $577,183 |
| 2023 | $106,965,009 | $30,283,903 | $29,928,108 | $3,397,032 | 1 | $9,881 |
| 2021 | $88,184,689 | $24,765,907 | $18,470,387 | $633,023 | 1 | $6,477,094 |
About Friends of Faith Ret Homes Inc
Based on IRS filings
Friends of Faith Ret Homes Inc is a public charity focused on Housing & Shelter, based in Waterloo, IA. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $99.7M in total assets. In 2026, it awarded 1 grant totaling $3.5M. Net investment income was $137K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Friends of Faith Ret Homes Inc is led by Sherry Turner, President on every filing since 2025; 1 of 13 officers listed in 2026 is compensated.
Officers on the 2026 filing
Sherry Turner
President
On filings since 2025
40 hrs/week
$239K (2025) → $250K (2026)
Pastor Chris Rygh
Chairman
Secretary → Vice Chairman, 2023
Vice Chairman → Chairman, 2025
On filings since 2021
1 hr/week
No compensation reported
Brad Morris
Past Chairman
Vice Chairman → Chairman, 2023
Chairman → Past Chairman, 2025
On filings since 2021
1 hr/week
No compensation reported
Craig Anderson
Vice Chair
Treasurer → Secretary, 2025
Secretary → Vice Chair, 2026
On filings since 2021
1 hr/week
No compensation reported
Jay Nardini
Treasurer
Past Chairman → Board Member, 2023
Board Member → Treasurer, 2025
On filings since 2021
1 hr/week
No compensation reported
Jim Grady
Board Member
Chairman → Past Chairman, 2023
Past Chairman → Board Member, 2025
On filings since 2021
1 hr/week
No compensation reported
Pastor Tom Hlad
Board Member
On filings since 2021
1 hr/week
No compensation reported
Robert Smith Jr.
Board Member
On filings since 2021
1 hr/week
No compensation reported
Ronald Kiewiet
Board Member
On filings since 2021
1 hr/week
No compensation reported
Vera Wallican
Board Member
On filings since 2021
1 hr/week
No compensation reported
Rick Bauer
Board Member
On filings since 2023
1 hr/week
No compensation reported
Steve Gillen
Secretary
Board Member → Secretary, 2026
On filings since 2023
1 hr/week
No compensation reported
Paul Smith
Board Member
New on the 2026 filing
1 hr/week
No compensation reported
Former officers (9)
- Former: Lisa Gates (2021–2025) — Past President
- Former: Mark Tink (2021–2025) — Board Member
- Former: Pastor Quovadis Marshall (2021–2025) — Board Member
- Former: Bob Smith (2023–2025) — Board Member
- Former: George Farber (2021–2024) — Board Member & Chair
- Former: Pastor Jesse Tink (2021–2024) — Secretary
- Former: Ron Weimer (2021–2023) — Board Member & Chair
- Former: Nancy Shirey (2023) — Board Member
- Former: Ronald Fiacco (2021) — Board Member
Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $250K, to Sherry Turner (President/Ce).
Frequently asked questions about Friends of Faith Ret Homes Inc
How much does Friends of Faith Ret Homes Inc give each year?
Friends of Faith Ret Homes Inc gave $3.5M across 1 grant in 2026, according to its 2026 IRS Form 990. In 2025 it gave $2.8M across 1 grant.
How large is Friends of Faith Ret Homes Inc?
Friends of Faith Ret Homes Inc reported $99.7M in total assets on its 2026 IRS Form 990. Its revenue that year was $26.3M.
What is Friends of Faith Ret Homes Inc?
Friends of Faith Ret Homes Inc is a public charity focused on Housing & Shelter, based in Waterloo, IA. It holds $99.7M in total assets as of 2026.
Where does Friends of Faith Ret Homes Inc operate?
Friends of Faith Ret Homes Inc has awarded grants in Iowa.
What is Friends of Faith Ret Homes Inc's EIN?
Friends of Faith Ret Homes Inc's EIN (Employer Identification Number) is 51-0245745. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 1, 2021)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 20, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 1, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS October 10, 2025)
- Added Form 990 for fiscal year 2026 (received by the IRS August 18, 2026)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Friends of Faith Ret Homes Inc's focus areas in our free grants database
Similar Funders
Similar funders in Iowa
Community Fdn of Greater Des Moines F/K/a Greater Des Moines Community Fdn
Des Moines, IA
The Community Foundation of Greater Des Moines supports projects that improve quality of life in Greater Des Moines, including housing and transportation access, health, economic opportunity, inclusive communities, and nonprofit capacity-building. Its 2024 itemized grants had a median of about $12,900, though awards ranged from roughly $5,000 to $7.34 million.
Assets
$918.7M
Grants
1,259
Total Given
$55.7M
Pella Rolscreen Foundation
Pella, IA
The Pella Rolscreen Foundation supports charitable organizations working in education and community betterment, including civic, cultural, social, and physical-environment programs in communities where Pella Corporation employees live. Large grants generally range from $10,000 to $50,000 and typically cover no more than 25% of project costs; its 2024 grants had a median of $1,029. It accepts unsolicited requests from eligible 501(c)(3) nonprofits and government entities in communities where Pella has manufacturing plants.
Assets
$22.4M
Grants
433
Total Given
$1.9M
Prairie Meadows Race Track and Casino Inc
Altoona, IA
Prairie Meadows supports Iowa nonprofits in arts and culture, education, economic development, human services, and youth sports and recreation; Legacy grants focus on large-scale projects in central Iowa. Its programs offer $100–$1 million for Legacy, $100–$99,999 for Community Betterment, and $1,000–$50,000 for Youth Sports and Recreation. It accepts applications through its online system; the 2026 deadline was February 27, 2026, and has passed.
Assets
$327.6M
Grants
409
Total Given
$33.0M
Iowa Health Care Association Foundation
West Des Moines, IA
The Iowa Health Care Association Foundation funds scholarships and career-education resources for employees of member long-term-care organizations and Iowa high school students pursuing long-term-care careers. Its typical giving level varies: it awarded 287 grants totaling about $4.1 million in 2024, and the listed high school scholarship is $2,000. Its programs focus on Iowa; the profile does not state whether it accepts unsolicited requests.
Assets
$329K
Grants
287
Total Given
$4.1M
Quad Cities Community Foundation
Bettendorf, IA
Quad Cities Community Foundation funds nonprofit operations and programs across areas including education, health, arts and culture, community development, youth, and the environment, primarily in Rock Island County, Illinois, and Scott County, Iowa, with some service to surrounding counties. Its 2024 grants had a median of $15,000; its Operations and Programs Grants program lists requests of $5,000–$20,000.
Assets
$209.7M
Grants
263
Total Given
$7.5M
Dupaco RW Hoefer Foundation
Dubuque, IA
The Dupaco RW Hoefer Foundation supports education, charitable work, and organizations or causes that enhance quality of life, with most 2025 grant dollars going to Iowa, followed by Florida, Wisconsin, and Illinois. Grants ranged from $100 to $100,000, with a median of $1,000. It directs applicants to a grant application form and says it does not restrict giving to preselected organizations.
Assets
$10.2M
Grants
141
Total Given
$440K
More similar funders
More Funders in Iowa
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Friends of Faith Ret Homes Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Friends of Faith Ret Homes Inc down — hundreds of funders to go?