Friends of Faith Ret Homes Inc
LIFECARE FOR ADULTS 62 AND OVER.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$102.8M
-2.8% YoY
Annual Giving
$2.8M
+24.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.8M
+24.4% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $102,796,633 | $105,777,873 | $106,965,009 |
| Revenue | $26,620,572 | $26,167,260 | $30,283,903 |
| Expenses | $29,121,285 | $28,508,222 | $29,928,108 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $8,332 | $577,183 | $9,881 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Friends of Faith Ret Homes Inc fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LISA GATES | PAST PRESIDE | 50 | $338,349 |
| SHERRY TURNER | PRESIDENT/CE | 40 | $238,566 |
| CRAIG ANDERSON | SECRETARY | 1 | — |
| RICK BAUER | BOARD MEMBER | 1 | — |
| STEVE GILLEN | BOARD MEMBER | 1 | — |
| JIM GRADY | BOARD MEMBER | 1 | — |
| PASTOR TOM HLAD | BOARD MEMBER | 1 | — |
| RONALD KIEWIET | BOARD MEMBER | 1 | — |
| PASTOR QUOVADIS MARSHALL | BOARD MEMBER | 1 | — |
| BRAD MORRIS | PAST CHAIRMA | 1 | — |
| JAY NARDINI | TREASURER | 1 | — |
| PASTOR CHRIS RYGH | CHAIRMAN | 1 | — |
| BOB SMITH | BOARD MEMBER | 1 | — |
| MARK TINK | BOARD MEMBER | 1 | — |
| VERA WALLICAN | BOARD MEMBER | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Iowa $9.2M (100%)
States
Cities
Waterloo
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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